Parallel paths and the dangers of hyperinflation

Unemployment at a historic high. The mood of the people is low and full of discontent. The country is fraught with social and economic tension, while the economy is on the verge of collapse. Millions are living in poverty trying to protect their families as turmoil, political destruction, and violence is abundant.The value of the dollar dramatically plunging as government recklessly prints money by the wheelbarrow to pay off a skyrocketing debt.

These conditions aren't far off from what faces America today, but on TheBlaze's hyperinflation special Wednesday night Glenn explained that these conditions were actually those of Germany at the end of the first World War as the Weimar Republic went through horrific hyperinflation. And while many would argue that the path to hyperinflation was a long and complex affair, the undeniable truth was that it was a result of the government printing money they didn't have in order to pay off the debt. Sound familiar?

Germany ended up having to print all that money for three key reasons: 1. Negative consequences of a deadly and expensive war 2. Economic crisis of unprecedented proportions 3. Social and class division.

As a result of the first World War, Germany had several punitive reparations placed on them by the Treaty of Versailles. As the loser of the war, they were supposed to pay back the Allies for all loss and damages the victorious countries incurred.

Germany also had expensive entitlement programs, including benefit programs for veterans that they could not afford to pay. German soldiers returning home had a difficult time re-entering society, and felt betrayed when the promised benefits were not there.

Germany simply could not afford to pay their debts, and citizens could not afford increased taxes. The costs of running the government increased, so the Weimar Republic began printing money. As prices surged, sometimes increasing exponentially over a single day, people realized they had to spend their money quickly before it lost its value (hyperinflation).

During this same period, Germany saw a rise in riots, anti-semitism, political violence, and unrest. With everyone's money becoming worthless, the institutions upon which these values were based eroded and so did the values themselves.

The deteriorating conditions left the German people desperate for a leader who could feed them, clothe them, and restore Germany to what it once had been. Coming out in strong opposition to the Weimar Republic, Adolf Hitler and the Nazis were able to eventually seize power by promising the German people a different path.

And we all know how that went.

Glenn explained on the show how today America is facing a similar situation. We stand at the edge of a fiscal cliff. We have an out of control national debt that we aren't able to pay. Our political leadership is deadlocked, and the Fed's solution is quantitative easing. In many way, America is following a parallel path to Germany in the 1920s.

So what do you do? Glenn explained that “In a crisis of chaos, only the most organized will take control.”

He explained there were three areas to focus on to organize and prepare:

1. Contact your governor. Tell them they get your states gold back. Strengthen local and regional banks. Make sure your state is as independent and secure as possible. Be self-sufficient at home and with your local community.

2. Get your children out of the public education system where they are being indoctrinated.

3. Change the media. Glenn is trying to do this with TheBlaze, but the truth is that the mainstream media is feeding the American people half-truth and lies. Look at primary sources, read with a critical eye, and question with boldness what the media is trying to tell you.

Acclaimed environmentalist and author of "Apocalypse Never" Michael Shellenberger joined Glenn Beck on the radio program Wednesday to warn us about the true goals and effects of climate alarmism: It's become a "secular religion" that lowers standards of living in developed countries, holds developing countries back, and has environmental progress "exactly wrong."

Michael is a Time "Hero of the Environment," Green Book Award winner, and the founder and president of Environmental Progress. He has been called a "environmental guru," "climate guru," "North America's leading public intellectual on clean energy," and "high priest" of the environmental humanist movement for his writings and TED talks, which have been viewed more than 5 million times. But when Michael penned a stunning article in Forbes saying, "On Behalf of Environmentalists, I Apologize for the Climate Scare", the article was pulled just a few hours later. (Read more here.)

On the show, Micheal talked about how environmental alarmism has overtaken scientific fact, leading to a number of unfortunate consequences. He said one of the problems is that rich nations are blocking poor nations from being able to industrialize. Instead, they are seeking to make poverty sustainable, rather than to make poverty history.

"As a cultural anthropologist, I've been traveling to poorer countries and interviewing small farmers for over 30 years. And, obviously there are a lot of causes why countries are poor, but there's no reason we should be helping them to stay poor," Michael said. "A few years ago, there was a movement to make poverty history ... [but] it got taken over by the climate alarmist movement, which has been focused on depriving poor countries, not just of fossil fuels they need to develop, but also the large hydroelectric dams."

He offered the example of the Congo, one of the poorest countries in the world. The Congo has been denied the resources needed to build large hydroelectric dams, which are absolutely essential to pull people out of poverty. And one of the main groups preventing poor countries from the gaining financing they need to to build dams is based in Berkeley, California — a city that gets its electricity from hydroelectric dams.

"It's just unconscionable ... there are major groups, including the Sierra Club, that support efforts to deprive poor countries of energy. And, honestly, they've taken over the World Bank [which] used to fund the basics of development: roads, electricity, sewage systems, flood control, dams," Micheal said.

"Environmentalism, apocalyptic environmentalism in particular, has become the dominant religion of supposedly secular people in the West. So, you know, it's people at the United Nations. It's people that are in very powerful positions who are trying to impose 'nature's order' on societies," he continued. "And, of course, the problem is that nobody can figure out what nature is, and what it's not. That's not a particular good basis for organizing your economy."

Watch the video below to catch more of the conversation:

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Dr. Voddie Baucham, Dean of Theology at African Christian University in Lusaka, Zambia, joined Glenn Beck on the radio program to explain why he agrees with Vice President Mike Pence's refusal to say the phrase "Black Lives Matter."

Baucham, who recently drew national attention when his sermon titled "Ethnic Gnosticism" resurfaced online, said the phrase has been trademarked by a dangerous, violent, Marxist movement that doesn't care about black lives except to use them as political pawns.

"We have to separate this movement from the issues," Baucham warned. "I know that [Black Lives Matter] is a phrase that is part of an organization. It is a trademark phrase. And it's a phrase designed to use black people.

"That phrase dehumanizes black people, because it makes them pawns in a game that has nothing whatsoever to do with black people and their dignity. And has everything to do with a divisive agenda that is bigger than black people. That's why I'm not going to use that phrase, because I love black people. I love being black."

Baucham warned that Black Lives Matter -- a radical Marxist movement -- is using black people and communities to push a dangerous and divisive narrative. He encouraged Americans to educate themselves on the organization's agenda and belief statement.

"This movement is dangerous. This movement is vicious. And this movement uses black people," he emphasized. "And so if I'm really concerned about issues in the black community -- and I am -- then I have to refuse, and I have to repudiate that organization. Because they stand against that for which I am advocating."

Watch the video below to catch more of the conversation:

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We're going to be doing an amazing broadcast on Thursday, July 2nd, and we will be broadcasting a really important moment. It is restoring truth. It is restoring our history. It is asking to you make a covenant with God. The covenant that was made by the Pilgrims. And it's giving you a road map of things that we can do, to be able to come back home, together.

All of us.

And it's never been more important. Join us live from the Standing Rock Ranch on Blaze TV, YouTube and Facebook at 8:00 p.m. Eastern time on Thursday July, 2nd and restore the hope in you.

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On last week's Wednesday night special, Glenn Beck revealed where the Black Lives Matter organization really gets its funding, and the dark money trail leading to a cast of familiar characters. Shortly after the program aired, one of BLM's fiscal sponsors, Thousand Currents, took down its board of directors page, which featured one of these shady characters:

Ex-Marxist professor and author of "Beyond Woke," Michael Rectenwald, joined Glenn Beck on the TV show to fill us in on the suspicious change he discovered on the Thousand Currents webpage and the Communist terrorists who is now helping run the organization. (Fortunately, the internet is forever, so it is still possible to view the board of directors page by looking at a web archive from the WayBack Machine.)

Rectenwald revealed the shocking life history of Thousand Currents' vice chair of the board, Susan Rosenberg, who spent 16 years in federal prison for her part in a series of increasingly violent acts of terrorism, including bombing the U.S. Capitol building, bombing an FBI building, and targeting police for assassination.

"Their whole campaign was one of unbelievably vicious, murderous cop killings, assassinations, and bombings," explained Rectenwald of Rosenberg's terror group known as the May 19th Communist Organization or M19.

Watch the video below to catch more of the conversation:


Glenn's full investigation into the dark origins of the funding behind Black Lives Matter is available for BlazeTV subscribers. Not a subscriber? Use promo code GLENN to get $10 off your BlazeTV subscription or start your 30-day free trial today.

Want more from Glenn Beck?

To enjoy more of Glenn's masterful storytelling, thought-provoking analysis and uncanny ability to make sense of the chaos, subscribe to BlazeTV — the largest multi-platform network of voices who love America, defend the Constitution and live the American dream.