Saturday, August 13, 2011

Imminent Collapse of the U.S. Dollar?

As I am preparing for a talk tomorrow at the Ananda Sunday Service (in Bothell, WA, USA) on the subject of the existence of evil, my friend and teacher, and founder of Ananda, Swami Kriyananda (direct disciple of Paramhansa Yogananda) forwarded a YouTube video on the subject of the dollar's imminent collapse. It's about 10 minutes long and if you're interested here's the link:

http://www.youtube.com/watch?v=b3-vwYJiD8g

To students and members of Ananda worldwide this is hardly news. You know already that Swami Kriyananda has repeated this prediction which Paramhansa Yogananda gave repeatedly in the last years before his death in 1952. But we hardly need a yoga-master to tell us that the worldwide economy (dollar denominated) is in trouble and that the possibility of the collapse of the dollar isn't at least a threat!

But what the heck can you or I do about this? How can we be prepared for the possibility, whether extreme (as portrayed in the YouTube video), whether partial, short-term or permanent? From years of living with this prediction and with the steps some members of the various Ananda Communities worldwide have done, here are some thoughts (taken to a wide range of extremes or just a few steps):

  1. Purchase a supply of food, but more than just 2 to 3 days of a power outage. Perhaps 6 months supply of canned or freeze dried food. I'm no expert but there's lots of information on the internet and places where this can be purchased. Don't forget water, too!
  2. Supplies like prescriptions, flashlights, batteries, toilet paper and all the bare necessities.
  3. Camping supplies and outdoor clothing: tent, blankets, sleeping bags, etc.
  4. Bicycle?
  5. Start a garden for food or at least have seeds and don't forget sprouting!
  6. If you can, buy land outside a city where food can be grown and shelter can be taken.
  7. Convert savings, at least partially, to exchangeable commodities. Obvious ones are gold and silver but there are many other bartable goods as well.
  8. Get out of debt: this is trickier because it's possible you can later pay off dollar-denominated debt with worthless inflated dollars later, but this is hard to predict. If you have excess cash that you cannot otherwise put into commodities including decent land then maybe this is good especially if it's your home.
  9. Get to know your neighbors or, if family, start planning with others who share your concerns.
  10. Get out of the inner or large cities if you can. Riots and looting will start almost immediately in the worst case scenarios and food will disappear immediately. Water supplies may be shut off if and assuming most government services shut down due to lack of funds and payroll. (Virtually every government entity in America is technically already insolvent or will easily be.)
  11. Buy land in the country with like minded people. Start a community with friends and family.
  12. Learn to meditate. Pray daily. Join in with others of prayerful inclination to reinforce each other's faith. Read spiritually minded books.
  13. Accumulate supplies not just for yourself but to help others, as you are able.
  14. Curtail your exposure to entertainment and news that is filled with gratuitious violence or is fear-inducing. It's easy to stay abreast of important news through other means that are less impactful on your subconscious.
  15. Don't panic and don't frighten others. Be calm and sensible. You'll sleep better at night helping yourself, your family, and being prepared to help others as well.
Well I'm sure I could go on but you get the general idea.

Oh, yes, evil DOES exist. Combat it with nobility of thoughts and actions and with the grace of God.

Hriman

2 comments:

sridoy said...

I live in Canada, so it would be interesting to see what happens to the Canadian dollar in the event of the US$ collapse.

Nayaswami Hriman said...

My Canadian friends say the dollar there is quite stable; that the debt burden in America (private and public) did not reach the proportions here and in some other countries. However, we are so connected that there's no escaping some fallout from the U.S. economic bomb, eh? :)