Civilization – Len Bilén's blog, a blog about faith, politics and the environment.

Will we have hyperinflation?

Even the question is scary.

The fascination for hyperinflation and its consequences has been with me since childhood. In third grade I went to a small school in Sweden with only two classrooms, one for grade 1 and 2, and one for grades 3 to 6. One boy had a very large stack of old German money, and we used to play with them. Many were hundred mark bills, stamped over with a cheap ink stamp 1ooooo Marks or 1 Million Marks. I collected stamps in those days also, from a 2 Pfennig stamp to 20 Milliarden Marks (That is 20 Billion Marks) stamp.

How did this hyperinflation happen? Germany lost the great war (WWI) and as a punishment were forced to pay large war reparation penalties. My own grandfather had a fishinf ketch, named Majblomma (Mayflower). They ysed to go fishing on Doggers Banks and land the catch in Aberdeen or Hull, then catch some more fish on the way home. One day a German u-boat came up and one officer informed them to go into the life boat, for they were ordered to torpedo the fishing boat. So they did. After the war my grandfather got compensated for his loss, and he bought a much larger schooner, and his team could aontinue fishing in the North Sea. These war reparations sank the German economy, and the Weimar Republic solved the problem by printing money. This worked for a whils, and then hyperinflation set in. This was in my opinion the major reason for Hitler’s rise. He got Germany back on strong economic footing, and being the Master Race, Germany was going to rule the world, after they had won the war. (WWII). With great sacrifice that didn’t happen.

Did it happen again? A few days ago, Nikki Haley sent a real 100 bolivar bill in the mail to my wife. There was probably a message in that, I for one grabbed the bill to see how much it is worth today. It was printed in August 2014, and was then worth on the official exchange 6,3 bolivars to the dollar, so the official value was over 15 dollars, but the real black market value was about one dollar. Then real inflation set in, and in 2018 they made a new bolívar soberano (sovereign bolívar) each worth 100,000 bolívar fuerte (strong bolívar), so the old 100 bolivar bill was then worth 0.1 cents. But it didn’t stop there. The March 7 exchange rate is 1,889,000 bolivars to the dollar, so the 100 Bolivar bill Nikki Haley gave my wife is now worth 0.000000053 cents

That is hyperinflation.

Could it happen here? I used to think never, but now i am not so sure. There are warning signs in the money supply, especially the M1 money supply. The Fed has stopped using it as an indicator of the nation’s fiscal state. Here is a chart of what is going on:

“As announced on March 15, 2020, the Board reduced reserve requirement ratios to zero percent effective March 26, 2020. This action eliminated reserve requirements for all depository institutions.“

If I understand this right, the FED reduced the denominator in the equation for the velocity of money, meaning that the gain in the system can now be infinite.

Not very assuring.

Re-signing the Paris Accord, a very bad idea, even for the environment! A Limerick.

Don’t fall for the Paris accord!

A bondage we ill can afford

CO2 keeps us free

Food for you, food for me.

The temperature sham sows discord.

According to alarmists’ climate change models, staying out of the Paris accord will increase global temperatures by 0.05 to 0.17 degrees Celsius by the year 2100, a catastrophe too big to fathom. See the official chart!

These predictions are according to an average of climate change models, all sponsored by various governments in one way or another.

Here is a chart of 73 climate models, and the results of 6 observations.

And how is the current global temperature trend performing right now? There was A “pause” for over 19 years even though CO2 was increasing at 3 ppm (nearly one percent) per year! Then came a temperature rise. Here is a chart of the worldwide UAHv6 for the last 24 years.

With the discrepancy of more than half a degree C between the average of the climate models and observations, it pays to be skeptical of even the 0.17 degrees.

This chart shows the growth of China. Not only are they consuming 47% of the world’s coal production, they are also making 30 times more cement than U.S. Cement production releases CO2, by replacing carbonate with sulfate.

And with the Paris accord, China was free to grow emissions until 2030, up to 6 times U.S. output, and get paid for it! And we were to pay them!

What is China doing with all its cement? Building artificial islands? Bunkers? Ghost cities?

Well, it takes a lot of cement to build artificial islands in the South China Sea!

Election was rigged? Only if you look at the data, not if you listen to the media. The President’s “Most Important Speech”.

President Trump Made his “most important speech” on Dec 2, lasting 46 minutes and 7 seconds.

The media’s response to the speech was less than positive.

Factcheck.org Trump’s ‘Most Important’ speech was Mostly False

NYT: Trump delivers 46 minutes diatribe on the ‘Rigged’ election.

Yahoo News: Trump rehashes bogus vote-fraud claims for 46 minutes in his ‘most important speech‘ ever.

Independent.co.uk: Pres Trump in this 46 minute video he just released says this might be the most important speech he has ever given,”

cnn.com: 46 minutes that prove how dangerous Donald Trump is to democracy.

These were the first five suggestions on Google.

I have a great interest in making sure the elections are free from fraud, so in my view this must be fixed and secured. If the banks can do secure transactions, so can voting transactions be made secure. Without secure votes we will no longer have a country.

Arizona: @JennaEllisEsq “In Arizona we have over 500k ballots that were cast illegally. 11,000 are “over-votes”, meaning more votes cast than they have registered voters in a specific precinct. Just that alone would change the outcome of the election.

Georgia: The big news you need to hear about today is Ware County, Georgia. Dominion machines were seized. Equal number of Trump and Biden votes were forensically analyzed. However, the machines reported 87% for Trump and 113% for Biden. Should be 100% for both.

One snippet from Gateway-pundit: Data Expert Edward Solomon analyzed the 2020 election results in Georgia and identified another pattern in the data showing ultimately 200,000 votes transferred from President Trump to Joe Biden at the precinct level.

Nevada: In his ruling Friday, Judge James Russell said there was no evidence of fraud, writing what was shown to him did not prove any of the allegations.

In the state case that was dismissed, lawyers representing the Republican Party’s electors and the campaign said:

1,506 votes cast in the election came from dead voters
2,468 votes were cast by voters who changed their address to another state or country
42,284 voters voted twice
About 20,000 voters voted in Nevada without a Nevada mailing address.
The evidence, which included 20 binders-worth of materials, was submitted to the court under seal, meaning it could not be viewed publicly. At a news conference on Nov. 5, where surrogates from the Trump campaign announced a federal lawsuit, which was later dropped, speakers told reporters to find the evidence for themselves. That lawsuit was later dismissed voluntarily. During the sole hearing in that case, a lawyer provided no evidence of fraud and did not verbally bring up any evidence to the federal judge.Russell’s 34-page order details the allegations issue-by-issue. This is the first time the public has been able to see the evidence as presented with specific depositions cited.
This is to be continued.

Michigan: ANTRIM COUNTY, MI – A man can examine election equipment by court order in the same northern Michigan county that saw early, but since corrected, issues with vote totals in the presidential election.

Judge Kevin Elsenheimer of the 13th Circuit Court in Antrim County ordered that William Bailey of Central Lake could take “forensic images” of the 22 tabulators used for a vote on a marijuana retailer proposal he is challenging.

The order makes no mention of Antrim County’s presidential results, where a software issue initially led to an inaccurate vote count that was corrected after a paper ballot recount, which awarded the county to President Donald Trump.

Instead, Bailey wants to overturn a proposal to allow a marijuana retailer in his village that initially resulted in a 262-262 tie, which was considered a loss for the proposal, the order stated. A retabulation saw the proposal pass by one vote, which Bailey alleges didn’t count three damaged ballots.

It is a “greater public interest” right now to confirm “the accuracy, integrity and security of the election process” than potential future misuse of election software discovered during the examination, Elsenheimer wrote.

The forensic examination took place Sunday with Bailey, Antrim County Clerk Sheryl Guy, county administrator Pete Garwood, county attorney Haider Kazim, three county commissioners, a county IT technician and a member of the Sheriff’s department, said county spokesman Jeremy Scott in a release.

Jenna Ellis, an attorney for Trump, told Fox News on Sunday that Elsenheimer “granted our team” access to the tabulating machines.

It is interesting the judge granted examination for the marijuana ballot initiative but not the presidential vote. Yet there has been a 6000 vore “error” in that county alone.

Pennsylvania: Pennsylvania Certified the 2020 vote, fraud and all. The numbers do not add up.

Wisconsin:

This absentee ballot surge should be recounted by hand to ensure there was no double loading of votes.

California: Voter fraud in California? Yes, millions of non-citizens with driver’s Licenses voted!

At least 29 states using Dominion voting machines: Benford’s law and the 2020 election. A Limerick on fraud.

Elections and fraud in this nation

cannot stand a close observation.

Zero Trump votes are added

but Joe Biden’s are padded

an act of the left’s desperation.

The case for Thorium. 27. With electric cars and trucks replacing combustion engine cars, only Thorium Nuclear power is the rational solution to provide the extra electric power needed.

It seems that electric powered vehicles are finally taking off, and sales are ready to explode. The Tesla electric car company capitalization value has increased eight-fold in the last half year, and is now worth more on paper than GM, Ford, Chrysler and Honda combined .

If CO2 is the great driver of environmental destruction, never mind that the increased CO2 is feeding 2 billion more people than before thanks to the greening effect of increased CO2, then we should work at warp speed to develop the additional electricity needs that will arise with all electric vehicles coming to market needing charging stations.

It makes no sense to build more coal and gas fired electric plants, replacing one CO2 generator with another, the best wind power sites are already taken, waste, geothermal and solar power is still a pipe dream, so, what to do?

Conventional nuclear power is limited and requires a very long and extensive approval process, partly due to the not in my backyard regulation attitude. We are already the world’s largest importer of Uranium, and the world’s supply is to a large extent controlled by non allies. .

How do you eliminate all Coal and natural gas electric plants? Look at the U.S usage: (Last year 2016)

We can see that renewable energy will not suffice. The only real answer is to expand nuclear electricity, but we are already the world’s biggest importer of Uranium. (The Uranium One deal, when we sold 20% of our Uranium mining rights to Russia did not help, but we were in trouble even before ). No, the only real answer is to rapidly develop molten salt Thorium nuclear electricity production. They do not require water for cooling, so they can be placed anywhere where additional capacity is needed, eliminating rapid expansion of the electric grid.

Let us go to it now!

The case for Thorium. 6. Radioactive waste from an Liquid Fluoride Thorium Reactor decays down to background radiation in 300 years compared to a million years for U-235 based reactors. A Limerick.

The nuclear waste meant for Yucca

would destine Nevada the sucka

But with Thorium we rid

us of waste that is hid

No need for that waste to be trucka!

Radioactive waste from an LFTR (Liquid Fluoride Thorium Reactor) decays down to background radiation in 300 years instead of a million years for U-235 based reactors. Initially LFTRs produce as much radioactivity as an U-235 based nuclear reactor, since fission converts mass to heat, but the decay products have a much shorter half-life. See the figure below.

Where is the storage for spent nuclear fuel and other nuclear waste now? Look at the map, it is scary.

And these are just the U.S. installations!

Many years ago I studied Engineering at Chalmers’ University in Sweden and I thought I would become a nuclear engineer. Sweden had at that time a peaceful heavy water based nuclear power program together with Canada and India. The advantage with heavy water as moderator is that it can use natural, un-enriched Uranium. One of the end products is of course Plutonium 239, the preferred material to make nuclear bombs, but it could also use Thorium, and the end product is then mostly Plutonium 238, used in space exploration, and we were dreaming big. One of the advantages of Thorium as fuel is that it produces about 0,01% of trans-Uranium waste compared to Uranium as fuel. About that time the U.S. proposed we should abandon the heavy water program and switch to light water enriched Uranium based nuclear power. They would sell the enriched Uranium, and reprocess the spent fuel at cost. They also had the ideal final resting place for the radioactive waste products in Nevada. This was an offer the Swedish government could not refuse, at the height of the cold war. This was in the 1960’s! India on the other hand did refuse, and they eventually got the nuclear bomb. Since that meant Sweden was never going to use Thorium as nuclear fuel, and I could not figure out how to get rid of all the radioactive waste products, I switched my attention back to control engineering.

What did President Trump mean with innovative approaches?

Is this where Thorium comes in!?

The case for Thorium. 5. Thorium nuclear power is only realistic solution to power space colonies.

Thorium nuclear power is the only realistic solution to power space colonies. To form space colonies, power has to be provided to sustain the colony. This means that Liquid Fluoride Thorium Reactors (LFTR) have to be fully developed and operational here on earth before serious space colony development can even begin. It need to get started in earnest NOW!

Kirk Sorensen has provided an intriguing teaser on the cause for Thorium nuclear energy.

Watch it and enjoy!

The case for Thorium. 1. A million year supply of Thorium available worldwide.

We live in challenging times with enormous environmental challenges. It takes a lot of energy to clean up the pollution we have generated over the ages. It would be a shame to use up our remaining coal, oil and gas to produce the electricity needed to clean up. Oil coal and gas will eventually be depleted and we need to save as much as possible for future generations, so they can enjoy flying like we have become accustomed to. It would be a shame to convert the remaining fossil fuel to CO2 for electricity production, it is far too valuable a resource in limited supply. Like the famous conservationist Sarah Palin once said: “for when it’s gone, it’s gone.”

The need to develop a Thorium based molten salt fast breeder nuclear reactor to develop our energy needs for the future can not be overstated. Lest anyone should be threatened by the words fast breeder, it simply means it uses fast neutrons instead of thermal neutrons, and breeder means it produces more fissile material than it consumes, in the case of Thorium the ratio is about 1.05.

There is enough Thorium around to last for a million years at today’s worldwide electricity generation levels. Uranium is in short supply. Consumption exceeds production, and the worldwide major importer of Uranium is the U.S. (The fact that we sold 20% of our uranium ore to the Russians did not help)

There are of course the sustainable energy sources such as wind, solar, hydroelectric, biomass, geothermal, tidal and wave energy, and they should be pursued where economically and environmentally appropriate. These are separate but important subjects.

Lenin still stands in Seattle. Who would ever topple the father of the movement? A Limerick.

Old Lenin stands tall in Seattle.

He is the main source of the battle.

Meanwhile statues come down

of great men of renown.

Bewildered we look, like dumb cattle.

Over the past few weeks, scores of statues of our founding fathers and Generals, Cristóbal Colón, Junípero Serra , and even the Pioneer and the Pioneer Mother have been toppled by rioters. They will not stop until all historic memorials are demolished, like what happened in the onset of theFrench Revolution, the Russian Revolution or the Chinese Cultural Revolution.

The death toll from the French Revolution was about 40,000, from the Russian Revolution 7 to 12 million, and from the Cultural Revolution up to 20 million, followed by the Great Leap Forward, which heralded in the Great Famine, killing another 30 Million.

These are serious times.

One person killed and another shot this weekend in CHOP, Seattle. A Limerick.

A shooting in Seattle — the third in 48 hours — was reported Sunday night in the area known as the CHOP, or Capitol Hill Organized Protest.

One person with a gunshot wound arrived at Harborview Medical Center in a private vehicle, the police and rescue personnel had been blocked from entry. The person was in serious condition.

Early Saturday morning, a 19-year-old man was killed after gunfire erupted at around 2:20 a.m. Medics from ‘CHOP’ rushed him to the hospital where he later died. A second shooting happened about a half hour later and a block away. That shooting victim, who’s 33-years-old, remains in critical condition in the ICU at Harborview.

Mayor Jenny Durkan eventually issued a prepared statement at around 6 p.m. Sunday, nearly 40 hours after the shootings. It said, in part:

Working with (Seattle Fire Chief Harold) Scoggins, (Police Chief Carmen) Best, and other city departments, the city will continue to make changes on Capitol Hill in partnership with black-led community organizations, demonstrators, small businesses, residents, and trusted messengers who will center de-escalation.

Well, up till then, all she had said about the protests was that Seattle would have a “Summer of love”.

The “Summer of Love” in Seattle.

Another man shot, it’s a battle.

So it is with Police.

If locked out, there’s no peace.

For Bolshevik CHOP life means little.

Try to do away with history is a sure way to repeat it. A Limerick.

Antifa and ISIS, the same

erase our hist’ry, their aim.

Do away with our past.

Start anew, this will last.

No history left to proclaim.

Like the French Revolution, when history and reason goes out the window things tend to get violent. Once the revolutionaries had killed all they could get their hands on, it was time to do away with Christianity for good. Let us no longer count time in B.C. and A.D. but start over with counting time. Once we are at it let us celebrate the creature rather than the Creator, and since we have ten fingers, let us fully institute the metric system. One day is ten hours, one hour is one hundred minutes, one minute is 100 seconds. One week is 10 days, one month is 3 weeks.

But one year is still 12 three week months, so they had to add five or six days at the end to make it a true solar year. The extra days were given special names and were meant for celebration, somewhat like today’s Kwanzaa, also instituted to get rid of Christianity.

Needless to say, this did not last very long, but it caused a lot of damage.

ISIS worked the same way, erase history and start over. As a footnote: Former President Obama insisted on calling it ISIL; he gave ISIS the whole Levant, which includes Syria, Lebanon, Israel, Jordan and North West Saudi Arabia.

Isis demolished the Muslim version of the tomb of Jonah

Earlier Taliban destroyed some very old giant stone carvings of Buddha

Which leads us the similarities with Antifa. They too are trying to erase history. In their case they are trying to erase the shameful connection between the Democratic Party and the Civil War statues dotting the South. The Generals and civic leaders were all Democrats. O, the irony of it all!

Down they come!

All with the apparent approval of the local City (Democratic) government.

One thing still puzzles me. Why the hatred for Cristóbal Colón. His statue was decpitated, then torn down in many places?

Will we ever learn?