Will Obama's Debts Take The Food From Your Mouth?

Almost half of the entire U.S. corn crop died a parched death this summer. Over a third of the soybean crop perished. Wheat took a big hit as well. From June to July alone, corn and wheat prices skyrocketed - just 25% in a single month. Soybean prices shot up as well, increasing by 17%.

The government's official position? Food costs have only risen 1% this year.

Yeah. Right. Have you been to the grocery store lately?

It's no secret that the massive corn losses this summer are going to affect food prices. Federal renewable fuel standards are going to make the pinch even more acute. That's because the law requires that over 13 billion gallons of corn ethanol must be used in gasoline blends, so that's where the corn will go first. What's left has to be divided up between food production and livestock feed, and it simply isn't enough to go around. Cattle herds have been sharply reduced because there just isn't enough food for them. And that means meat prices will be up sharply as well.

But the drought is the least of our worries.

If ever there were a time to think about putting in a supply of emergency food, this summer's widespread drought was a wake-up call. And yet there may be an even bigger threat to the food on your table... and it has everything to do with the government's abysmal ability to balance the budget.

With the economy in the toilet (the real unemployment rate is about 22%), tax revenues are down while demands for government handouts are up. The national debt is at an all time high--it's a mind-numbing $16 trillion. That's $16,000,000,000,000... over $51,000 for every man, woman and child.

There's only one way to keep up with the ballooning interest payments on the national debt - much less pay down the principle. And that's to print money. Or, as Ben Bernanke likes to euphemistically say, "quantitative easing."

But no matter what you call it, any student of Economics 101 knows that when you print money, you soon have too much money chasing too few goods.

And that's when hyperinflation sets in.

A similar scenario unfolded in Germany's Weimar Republic in 1923. Faced with massive war debts to pay, the government began printing money. And printing money. And printing money.

It crippled a nation and starved her people.

According to Friedrich Kessler, a law professor who died in 1998 and was a first-hand witness to Germany's hyperinflation, it struck swiftly and unexpectedly. "No one was prepared," he said in a 1993 interview. "You cannot imagine the rapidity with which the whole thing happened. The shelves in the grocery store were empty. You could buy nothing with your paper money."

Between 1913, shortly before the war, and 1921, after it ended, the price of rye bread multiplied 13-fold. Beef was 17 times more expensive in 1921 than in 1913. Sugar, milk, pork, and potatoes were about 25 times more expensive. Butter? 33 times as much. (You could literally rent a room for a month with a pound of butter.)

And that was just 1921. It got worse in 1922.

In April of 1922, food prices rose 46%. In May, they jumped another 51%. In June, 56%... and in July, 67%. And that was only looking at the "official" prices. The prices people actually paid - usually on the black market - were much higher. It took 1500 times more money to pay the bills in 1923 as it did in 1913. Sure, wages went up too - but not nearly enough. They were only 200 times higher than they had been before the war.

By mid-1922, children at every income level in Germany were so malnourished that they were physically and mentally two years behind normal markers. And of the youth who were old enough to leave school and start working, 25% of them were below their normal weight and height. Almost a third were unable to work at all because of health issues; tuberculosis was rampant.

A single egg that cost 800 marks in May of 1923 cost 2,400 marks one month later. A liter of milk went from 1,800 marks to 3,800 marks during that same period. A kilo of flour skyrocketed in 30 days from 2,400 marks to 6,600 marks. And pork, if you could get it, shot from 10,400 marks to 32,000. (Can you imagine if your own food bills doubled or tripled in a single month?)

But farmers refused to sell so much as a single egg in exchange for paper marks... because they knew the money wasn't worth the paper it was printed on. (In fact, it was cheaper to burn bundles of mark notes than it was to burn firewood.) In towns and cities, prices shot up by the hour. Restaurant meals cost more when the bill came due than when the order was placed an hour earlier. Factory workers were paid several times each day, and handed their wages through the fence to their wives to hurry and spend before the money became worthless.

There was plenty of food, but it was in the countryside, not the cities. Farmers refused to sell their food for paper marks; they would only accept gold or valuable barter items. By the summer of 1923, the nation's harvest was seriously at risk because of so much pillaging. Raging against government policies, angry hordes swarmed the countryside and stole or destroyed crops.

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Here's the scary thing: the Weimar Republic wasn't an isolated incident. History is replete with examples. The same kind of hyperinflation happened in Argentina in 1989. Just like the Weimar Republic, they printed money to pay off massive budget deficits... and it was déjà vu, all over again. Stores didn't bother marking goods with prices; they were just announced as needed. Workers rushed to spend their entire pay at one time before it became worthless. Frenzied shoppers stripped grocery store shelves as soon as they were stocked, desperate to buy hard goods with soon-to-be-worthless money.

It happened in Zimbabwe in the early 2000s. It wasn't quite as bad, though. The inflationary rate was "only" about 1000% per year at its peak. Nonetheless, by 2006, a single roll of toilet paper cost 145,750 Zimbabwean dollars. A sack of potatoes? 700,000 Zimbabwean dollars. Once again, the culprit was government printing of money to cover massive debts.

Sound familiar?

If you think it's hard enough to stretch your grocery budget now, just wait until Obama gets re-elected. Since the day he got into office, President Obama has presided over a spending spree that has racked up mind-boggling deficits. The only way out - the only way to keep making even the interest payments on the astronomical national debt - is to print money. Once he's reelected, who's going to stop him?

And then, unless you are prepared, you won't be able to get enough food to feed your family.

It's for times like these that we created The Safety Net Emergency Food Package.

This package includes 4,320 servings of delicious cook-in-the-pouch meals. It's enough food for one year (3 servings per day) for four adults, or two adults and four children. And if you don't need it right away, it will still be waiting for you when you do, because it has a shelf life of at least 25 years. The meals are packed in 36 stackable storage buckets for efficient use of space.

The cost for each Safety Net Package is just $5,995, plus shipping. You may be thinking that that's a lot of money. But if hyperinflation hits, within a matter of months that same Safety Net Package could cost hundreds of thousands of dollars... and rest assured, your wages won't keep pace with food costs!

If $5,995 is a stretch for you, there's great news: we've arranged special financing so that with just a little money down, you can spread out the remaining cost into easy monthly payments. Depending on your credit worthiness, you can expect payments to be about $149, give or take. (By the way, if hyperinflation hits between now and the time you finish paying off your one-year supply of food, we won't jack up the payments on you. You'll still be paying the same low monthly payment.)

If you're able to pay in full at the time of order, we'll give you 10% off. Simply use the coupon code 10%Off when you place your order.

Here's how you can get your Safety Net Package:

• If you wish to finance your order, you must call our operator (toll-free) at 1-877-327-0365.

• If you're paying in full at time of purchase, use coupon code 10%Off to claim your discount. You can order here OR you can call toll free 1-877-327-0365.

There are less than two months between now and the election. And when Obama gets re-elected, who knows what will happen? Get all your ducks in a row now, before it's too late.

Sincerely,

Bill Heid, President
Solutions From Science