7/27/2019 Wall St Out to Kill You With Hyperinflation

1/2

WALL STREET IS OUT TO KILL YOU

WITH HYPERINFLATION

October 1, 2013 Facebook.com/LaRouchePAC | @LaRouchePAC

Wall Street intends to kill millions of Americans with

hyperination. Quantitative Easing (QE), coupled with the

loss of income due to Wall Streets systematic take-down of

the manufacturing and industrial base, is the perfect storm

for the hyperination that is now hitting. Lyndon LaRouche

has repeatedly warned Americans about the danger of

hyperination; particularly since the bailout policy began inlate 2008. Since then, he and his associates around the nation

have led a ght to bankrupt the Wall Street criminals who

have created the bailout/ QE swindle with the reinstatement

of Glass-Steagall. Glass-Steagall is the rst step to saving

the nation, followed by NAWAPA XXI with a science-driver

program to make a breakthrough on fusion energy. In a

recent White House meeting, top Wall Street CEOs have

just ordered their puppet Obama to

keep the QE printing presses rolling

and to stop Glass-Steagall at all costs,

knowing that it will bankrupt them.

This comes after Obamas ploy to save

his sinking presidency with a disastrous

government shut-down. The only thing

we should shut down is Wall Street;

and Glass-Steagall is our weapon to do

that. That is the only way to avoid the

coming storm of hyperination.

Since the terrorist attacks of

September 11th, 2001, Americans

have seen prices double, or more, for many crucial elements

needed for life, such as food and energy. Meanwhile, incomes

have collapsed for many Americanseven according to

the lying statistics put out by both the Bush and Obama

administrations. To add insult to injury, since the bailout

policy was ushered in in late 2008, the top 1% of income

earners has seen a staggering growth of personal income.

According to a study by economists Thomas Piketty and

Emmanuel Saez1, since the supposed recovery of 2009

began up through 2012, 95% of the income gained in that

period went to the upper 1% income brackets. Translated

into cold hard cash, that means that on average, the incomefor the upper 1% has increased by approximately one million

dollars over those four years, while the lower 99% income

earners have seen their income increase by only about $560

over that same four year periodapproximately $11 a month,

which would barely cover the ination for a single tank of gas.

The last time that this quality of income disparity existed in

the United States was 1928.

Where is the outrage? Why has the American population

quietly suered through this increasing hyperination like

the famous anecdote of the boiling frog? In the beginning

of 1923, the population of the Weimer Republic saw their

1 http://elsa.berkeley.edu/~saez/piketty-saezAEAPP06.pdf

PAID FOR BY LAROUCHE POLITICAL ACTION COMMITTEE, LAROUCHEPAC.COM

AN D NO T A UT HO RI ZE D BY AN Y CA ND ID ATE OR CA ND ID ATE S CO MM IT TE ELAROUCHEPAC.COMOR CALL: 1-800-929-7566

http://facebook.com/LaRouchePAChttp://twitter.com/larouchepachttp://larouchepac.com/http://larouchepac.com/http://larouchepac.com/http://twitter.com/larouchepachttp://facebook.com/LaRouchePAC

7/27/2019 Wall St Out to Kill You With Hyperinflation

2/2

ination heating up until it broke into a roiling boil in November

of that year. Personal savings were wiped out, and despair set

into the German population that opened the door for Adolf

Hitlers rise to power. This is not the

time to be frogs or good Germans,

quietly suering through the

hyperination until it destroys us.

To get a sense of this

hyperination, take the case of the

increases in a few basic elements

needed for any American family

since the bailout began: food,

gasoline, and rent. Compared to

prices at the time of the bailout, in

2012 a family of four had to pay

an additional $936/year for food,according to the USDAs Moderate

Food Plan2; $2063/year for

gasoline, taking the Department of

Transportations average household

mileage3; and $1,968/year more for

a 3 bedroom apartment, based on an

average of the top 5 metropolitan

areas.4 That means that just for food,

gasoline and rent, a family pays

$4,967/year more now versus since

the time of the bailout, while their

2 According the USDAs Moderate Food Plan for a family of four per month, at the

time of the bailout the family would have had to pay $947 per month, or $11,364

over the year. In 2012, they would have to pay $1025 per month, or $12,300 over

the year; $936 more for the food plan in 2012 versus 2009. http://www.cnpp.

usda.gov/USDAFoodCost-Home.htm

3 According to the US Department of Transportation, the national average

mileage driven per year in 2009, per household, at an average of 20 miles per

gallon, would have had to pay $3878 in 2009 (BLS) and $5941 in 2012 (BLS); an

extra $2063 in 2012 versus 2009. http://nhts.ornl.gov/2009/pub/stt.pdf, http://

data.bls.gov/timeseries/APU000074714?data_tool=XGtable

4 Assuming an average rent based on the top 5 metropolitan cities of Los An-

geles, New York, Houston, Chicago, and San Francisco, according Housing and

Urban Development, rent has increased for a 3 bedroom house from an average

of $1,706 in 2009, to an average of $1,870 in 2012. Our family of four would

have to pay an additional $1,968 over the year. http://www.huduser.org/portal/

datasets/fmr.html

average income has not increased. How many families can

absorb paying $4,967 more while making the same, or even

less, annual income?

Of course, that does not even take into account other

essential payments such as medical bills, prescriptions,

heating oil, electricity costs, car repairs, college tuition, etc.

It is time to end the insanity and bankrupt these Wall Street

criminals with Glass-Steagall. It is time for Americans to ght,

instead of thinking they can make it through just one more

month. Our nation requires a new Presidency immediately,

and an end to the Bush-Obama era of hyperination.

LIVE WEBCAST EV ERY FRIDAYWITH LYNDON LAROUCHE | 8 PM EASTERN & 5PM PACIFIC | LAROUCHEPAC.COM