The Plight Of The American Middle Class: A Look At The ‘Consumer’ Caught In A Currency War | Silver Savior

One of the themes that has fascinated me since I started thinking and writing about markets, monetary systems, and the danger of central banking is how these banks attack and enviably destroy the middle class.

A quick look at the history of central banking will highlight the correlation between war and financial ruin, which happens not long after the bankers begin borrowing money for their many ‘noble’ purposes. The borrowing cost and the principle come directly from the middle class on which the bankers feed.

In the short term, during the period of debt growth, the affected economies show growth and sometimes a period of prosperity, but over the long term, central banking always reduces the wealth of the enslaved population until the liberties of prosperity transform into misery of financial slavery on the margin of diminishing returns. 

Central banks destroy the middle class while promoting and funding war; the more significant the war, the better the returns, to such an extent that large-scale and world war would be impossible without central banking. 

We have now passed the point of growth and prosperity. We are rapidly watching the decimation of the middle class as the last vestiges of their acquired wealth are destroyed through the expropriation scheme called inflation – the dying thrashes of a financial system that has grown out of the resources required to sustain its continuation.   

Below is a synopsis of the current situation for the American member of the suffocating middle class – called ‘consumer’ by those who engineer economies for harvest. 

The Average Consumer

The average consumer’s response to collapsing financial markets is typically one of heightened concern and stress, especially if they’re witnessing a decline in their investment portfolios or retirement savings. Increasing food prices and other everyday essentials hit by inflation will likely add to this strain. These are the ‘revelations’ that precede the ‘tribulation’ that a ruined financial system will summon forth.

Here’s an analysis of key areas impacting the average consumer:

Housing Market:

The U.S. housing market has been a significant concern for average consumers, particularly in the context of inflation and financial market instability. Those with variable-rate mortgages are especially vulnerable during rising interest rates, as their monthly payments can increase substantially, putting additional pressure on already tight household budgets. The need for affordable housing becomes more pronounced, and the purchasing power of consumers looking to buy new homes diminishes as mortgage rates rise alongside property prices, which, despite the market fluctuations, can remain stubbornly high due to various factors, including supply constraints. 

The housing market’s turmoil is made worse as rates suddenly get much lower in an attempt to continue to feed the interest-feeding monster that has become the financial system. Lower rates are promoted to purchase overpriced homes, while corporate vultures buy up increasing inventory, maintaining higher prices and creating a sense of shortages. 

Easy money is a poison pill in a time of rising inflation. The lure of a lower monthly payment for an overpriced home often clouds the minds of those attempting to make ends meet. 

Automobile Market:

Like the housing market, the automobile industry often sees a contraction in consumer demand amidst economic hardship. When financial markets are unstable, consumers may delay purchasing new vehicles, opt for used cars, or extend the life of their current vehicles. Rising fuel costs further strain budgets, causing consumers to be more mindful of their transportation expenses. Auto repair prices rise in direct proportion to the decline in new car inventory, often leaving families without adequate transportation for long periods of time.  Be aware of so-called ‘insurance policies’ called maintenance contracts claiming to make all repairs in return for a monthly payment—another payment to add to an already hard nut to crack.

Rising Fuel Costs:

The cost of gasoline significantly impacts the average consumer’s budget, given its direct effect on commuting costs and the indirect effect on the price of goods (due to increased transportation costs for businesses). Consumers will likely cut back on non-essential travel and shift to more fuel-efficient vehicles or public transportation if possible.

Taxes:

Taxation adds another layer to the financial burden on consumers, as taxes on income, property, sales, and other assets affect disposable income. If taxes rise, the consumer has even less flexibility to cope with other rising costs and may have to curtail spending or savings. Rising taxes can be seen by checking receipts. Additional and new taxes are added by cities, counties, and states, further increasing prices facing our ‘consumer.’

Rising Debt Costs:

The escalating costs of variable-rate debts, such as credit card interest payments and consumer loans, can lead to higher minimum payments, making it harder for consumers to pay off their balances. As debt becomes more expensive, consumers may need to prioritize debt repayment over other financial goals. While individuals’ debt costs rise, so do business costs, followed by parasite groups such as governments and services managed by the government, like health care and others. 

Diversion to Value-Holding Assets:

Value-holding assets like gold and silver are often recommended amidst inflation and market downturns. However, for the average consumer struggling to meet daily expenses, finding surplus funds to invest in these assets is challenging. While these commodities are traditionally seen as hedges against inflation, the initial capital required can be a barrier for those already stretched thin financially.

Storable Foods and Survival Necessities:

Some consumers might invest in storable foods and water supplies to shield themselves from inflation and ensure food security. However, this again requires an outlay of capital many may not have, leading to difficult choices between immediate needs and preparation for potential future scarcity.

In summary, the average consumer must navigate a treacherous financial landscape with rising living costs, potentially increasing debt obligations, and widespread market instability. The economic environment severely constrained their capacity to protect themselves by investing in assets or commodities that may hold value, leading to increased financial stress and difficult budgeting decisions. In such times, consumers typically cut back on discretionary spending, focus on essential purchases, and may seek additional income streams or financial advice to manage their circumstances.

Where Do We Go From Here?:

The last stages of a dying economy are not pretty, and it is prudent to make every attempt to move away from depreciating assets such as dollars into the store of wealth assets, including commodities, gold, silver, farmland, and productive assets like tools and equipment. 

Central banks have caused the situation we face now, and they will never accept responsibility for the collapse. Instead, they will offer you a new system, which they claim is superior to all the previous systems. By the attrition of living through the devaluation of the dollar, they will try to bribe you into their new form of monetary slavery. 

It is important to you and all of mankind to resist this latest attempt to fully control all people by educating yourself about the new plan called Central Bank Digitial Currency (CBDC) and how you can hold out and join the resistance.  I have devoted 25 years to understanding and teaching about central banking and its final end game to you who awake and resist. 

Visualize yourself and your loved ones on the other side of this coming storm, more robust and happier than before. Keep that vision as you make the decisions necessary to pass through the trial improved and with a clear determination to never let this happen again.

Be not deceived – be prepared ~ Silver Savior

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• Note: We are not giving advice; we only give our opinion; we are not financial advisors. This article only represents our thoughts about the economy.

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