90 Miles From Tyranny

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Friday, June 18, 2021

Morning Mistress

The 90 Miles Mystery Video: Nyctophilia Edition #688



Before You Click On The "Read More" Link, 

Please Only Do So If You Are Over 21 Years Old.

If You are Easily Upset, Triggered Or Offended, This Is Not The Place For You.  

Please Leave Silently Into The Night......

The 90 Miles Mystery Box: Episode #1388


You have come across a mystery box. But what is inside? 
It could be literally anything from the serene to the horrific, 
from the beautiful to the repugnant, 
from the mysterious to the familiar.

If you decide to open it, you could be disappointed, 
you could be inspired, you could be appalled. 

This is not for the faint of heart or the easily offended. 
You have been warned.

Hot Pick Of The Late Night


Thursday, June 17, 2021

Girls With Guns


Have You Ever Seen Such A Wretched Hive Of Scum And Villainy?


 

You'll never Find A More Wretched Hive Of Scum And Villainy...

This Is Not Herd Logic...




Biden's Dirty Laundry....

We All Know That Crap Is King....



Hunter Biden Is Using His Art To Launder Foreign Money Used To Buy "Favorable Outcomes" In Washington For Chinese People's Liberation Army......



Is There A Such Thing As Too Much Ammo?

   


Please Visit My Advertiser:

It Keeps Happening Because It is True....






 

Big Pharma Is Getting Rich From Experimental Vaccines:


 

Preparing for Hyperinflation Starts With Brushing Your Teeth


The more you can fix, repair, and maintain now, the less you will have to spend when prices are soaring.

So far this fiscal year,” the Federal Deficit Tracker helpfully informs, “the federal government has run a cumulative deficit of $2.1 trillion, the difference between $2.6 trillion of revenue and $4.7 trillion of spending.” In 2020, the U.S. Treasury auctioned $19.6 trillion in new government debt. Some of this debt represented new spending while some may have replaced maturing treasuries that paid out (roughly one-sixth every year). Assuming conservatively that 2022 spending will roughly match 2020, the government will be forced to borrow approximately $20 trillion at market rates.

Now, assume for the sake of discussion that the Federal Reserve is serious about a long-term inflation target of two percent. Assume that the recent five percent inflation is both real and, left unchecked, a long-term condition. If the Federal Reserve wants to curb inflation, it will need to raise interest rates to get ahead of the five percent inflation. That means that the service on the new $20 trillion of treasuries issued in 2022 will go from between 1.5 percent and 2.5 percent to around seven percent.

Historically, a modest interest rate increase would not be sufficient to reverse inflation but let’s assume the Fed starts conservatively. The difference between paying two percent on $20 trillion and seven percent is an additional $1 trillion a year. If interest rates go up to just seven percent, the federal government will need some combination of spending cuts, increased taxes, and increased borrowing to pay the additional interest on the debt. If we eliminated our entire defense budget ($705 billion), we would still need an additional $300 billion just to pay the new interest obligations every year.

Everybody knows a day of reckoning is coming. Google searches for articles about “inflation” have surged. A number of prognosticators have begun to urge Americans to make heavy bets on inflation hedges such as bitcoin or gold. Institutional investors appear to be attempting to corner the market on residential homes. Will the Fed just let inflation rip or will it impose the kind of austerity that Greece went through? We really don’t know the answer.

Conventional wisdom holds that moving cash into gold, real estate, and cryptocurrency will protect wealth from hyperinflation. Maybe. But maybe not. Because the coming crisis might not just be an inflation problem. It might also be a huge liquidity problem as interest rates skyrocket.

Anything that depends on debt to support purchase prices, such as real estate, might move lower as buyers lose purchasing power in direct proportion to the rise in cost of borrowing money. You may regret that big fancy house if the housing market crashes again.

In my opinion, the biggest problem for the average American will be cash flow as Americans get crunched between higher taxes and higher costs. Without some cash set aside for emergencies, Americans facing sudden unexpected costs could be forced to borrow at higher interest rates or pay tax penalties to withdraw from retirement accounts.

So rather than borrowing against my house to buy some crypto, I’m thinking smaller. Instead of trying to catch the latest financial craze, I say work on your cash flow. Find a side hustle like a part-time job. If you can learn a trade such as welding or plumbing, that skill can help reduce the costs of owning a home. Then stay current on maintenance of your car, your house, and yourself. Oil changes and tire rotations might seem boring. But they reduce the likelihood of a sudden catastrophic expense.

But for my money, nothing beats good dental maintenance. Emergency dental work can be painfully expensive and is often not covered by insurance. Brushing with flouride toothpaste has one of the best cost-benefit ratios of any daily routine. Additionally, a little light exercise—including some safe exercises to strengthen your back—can delay or prevent a...