A Guide to Hyperinflation

Glenn’s warned that this was coming. The Fed has started to bail out European banks, and as the world’s economies are being tied together, we get closer to mutually assured economic destruction. Meanwhile, our government continues to spend money we don’t have.

What happens when an indebted government decides to go wild and print money unchecked in order to pay the bills? Hyperinflation. Hyperinflation is caused when people lose faith in the value of a currency, too much money is printed and there is no corresponding increase in productivity. So instead of printing $50 and $100 bills the government prints $300 and $500 bills but your $500 bill only buys $50 worth of goods. Soon the $500 bill is replaced by a $1000 bill. This is not something that happens slowly or something you can just decide to deal with when it arrives. Once hyperinflation starts it’s already too late.

What is life like during rampant hyperinflation?


During the economic crisis that hit Zimbabwe, BBC News went out and interviewed everyday people about life under rampant inflation. While the interviewees remained anonymous, they were named for their occupation. Among them were a mother and a student. Read how quickly currency can be devalued and prices can climb:

Zimbabwean Mother: “Because my income hasn't risen as much as the prices in the shops, we have had to adjust quite a bit. The things that we buy - the groceries at home, the things we get for our two children - we have to buy immediately, as soon as we get the money. We know that if we wait a bit, the prices are going to go up again. If we wait another week, we will not be able to afford anything. People are taking the money out in suitcases or carrier bags.

Zimbabwean Student: “When I go to withdraw my money, I have to wait around 30 minutes because there are so many people waiting. It's so difficult. Maybe you want 10 million but they only give you 2.8, because there is not enough at the bank.”

Read the full BBC article here.

Hyperinflation Everyone can Understand: Want to see a quick explanation of Hyperinflation you can easily show your progressive friends? Insider Extreme members can check out the Stick Figure Logic: The Truth About Hyperinflation Special. Click here.

It’s happened before, and it can happen again. Have we learned from past victims of hyperinflation? Look at what happened to them and decide for yourself…

Weimar Republic: Germany fought World War I on borrowed money because they didn’t want to raise taxes and had little national savings. They had to borrow money to build and arm their war machine. Prices started to double, and soon people were rushing out to buy goods as soon as they got paid in order to beat the rising costs of goods. The wheelbarrow replaced the wallet, and the government kept printing money. Check out this PBS essay on hyperinflation in Germany for more info.

Zimbabwe: A corrupt government, over-regulation, and overspending led to hyperinflation and an economic crisis in Zimbabwe. In order to try and control prices, the corrupt Zimbabwean government even forced businesses to halve their prices on basic commodities and used police and militia groups to enforce these regulations. For an in-depth look at the history of Zimbabwe’s economic crisis and rampant hyperinflation, check out this fascinating article from the CATO Institute.

If you don’t think that Hyperinflation could happen here in America, think again…

Jeffrey Harding of The Daily Capitalist highlights the signs America is headed for hyperinflation, and lays out in detail why we are setting ourselves up to repeat Weimar and Zimbabwe. See the leading factors suggesting hyperinflation is on the way HERE.

1. A deep recession


2. Declining government revenues


3. Massive deficits


4. Monetizing the debt


5. Credit Crunch


6. High Unemployment


7. Ineffective stimulus


8. Expensive entitlement programs


9. High federal taxes


10. High federal debt


11. QE2

Glenn recently had Eric Bolling onto his program to help explain. Check out this.

That Thanksgiving dinner you just made will probably cost a lot more next year.

-The price of turkey increased 30% over the last year


- Want some pecan pie? The price of pecans has gone up 41% since 2009


- Onions and Sweet Potatoes are both up over 22%


- The USDA expects prices for beef and veal to rise 3.5% this year, and another 3.5% in 2011


- The USDA also predicts a 4.5% to 5.5% price increase on dairy products in 2011

The Deficit: Politicians claim that they want to rein in the Federal deficit, but doing so requires serious cuts and sacrifices, but do the American people want to do what is necessary? According to a recent Wall Street Journal/NBC News poll, the answer would be no. A bipartisan committee appointed by the White House recently made a series of suggestions to reduce the deficit by $3.7 trillion over the next ten years. Included in these suggestions were cuts to Medicare, Social Security, and defense, along with raising the retirement age and increases in taxes. Nearly 70% of respondents said that they would be uncomfortable with cuts to Medicare, Social Security, and defense, while 57% were uncomfortable with raising the retirement age to 69 over the next 60 years. To read the article, click here.

What can you do to prepare?




Food Storage: If prices on goods and services start to rise as a result of hyperinflation, then you need to be prepared. Glenn has said on several occasions that you don’t want to be the person stranded and begging for help, you need to have a lifeboat! There’s nothing wrong with being prepared, and one of the key ways to be ready is with food storage. Find out more here with the FREE article “Be Prepared: An Introduction to Food Storage”.

Damon on the Dollar: Damon Vickers has spoken with Glenn in length on radio and TV about the danger to the dollar and the risk we face of hyperinflation. Read this special op-ed where Damon tackles rising food prices and how to prepare for hyperinflation.

Glenn’s Predictions: Glenn has been saying for years that the country is at risk for hyperinflation. Read the transcripts below:

11/24/10: Glenn and Damon Vickers (Link)


8/13/09: Glenn Beck: Where Are the Tough Questions About Health Care Reform? (Link)


10/15/08: Glenn warned listeners about hyperinflation two years ago (Link)

We’re “BROKE!”

While these articles, videos, and links should get you started in understanding our economic problems and hyperinflation, one of the best ways to educate yourself is to check out Broke: The Plan to Restore Our Trust, Truth and Treasure by Glenn Beck. Packed with great stories from history, chalkboard-style teachable moments, custom illustrations, and Glenn Beck’s trademark combination of entertainment and enlightenment, Broke makes the case that when you’re traveling in the wrong direction, slight course corrections won’t cut it—you need to take drastic action.

After imprisoning a pastor for refusing to follow COVID-19 restrictions, Canadian officials barricaded his church. And when some church members retaliated by tearing down part of the fence, Canadian Mounties arrived in riot gear.

Rebel News Founder Ezra Levant joined Glenn Beck on the radio program to give his insight on the crazy situation. He described the new, armed police presence surrounding GraceLife Church in Edmonton, Alberta, and how it not only encouraged hundreds of protesters to stand with the church in support but forced congregation members underground to worship as well.

What's happening is eerily similar to what occurs everyday in China, Levant says, and it must stop. Who would have thought this type of tyranny would be so close to home?

Watch the video below to hear Ezra describe the religious persecution taking place in Canada.


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Enough prayers? Why is supposed Catholic Joe Biden suggesting that Congress ought to stop praying for after someone commits acts of gun violence?

On Friday, Stu Burguiere and Pat Gray filled in for Glenn and discussed President Joe Biden's remarks during his speech on gun control. "Enough prayers. Time for some action," Biden said. Stu and Pat were surprised how dismissive Biden appeared to be on the idea of prayer.

Watch the clip to hear more. Can't watch? Download the podcast here.

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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.

Just days after Canadian pastor James Coates was released from prison for refusing to bow to COVID-19 lockdown restrictions, several police officers showed up at another church to ensure restrictions were being followed. But Polish pastor Artur Pawlowski of the Cave of Adullam Church in Alberta, Canada, knew his rights, telling the cops not to come back until they had a warrant in hand.

Filling in for Glenn Beck on the radio program this week, Pat Gray and Stu Burguiere played a video of the interaction.

"Please get out. Please get out of this property immediately. Get out!" Pawlowski can be heard yelling at the six officers who entered his church.

"Out! Out! Out! Get out of this property immediately until you come back with a warrant," he continued. "Go out and don't come back. I don't want to talk to you. You Nazis, Gestapo is not allowed here! ... Nazis are not welcome here! Do not come back you Nazi psychopaths. Unbelievable sick, evil people. Intimidating people in a church during the Passover! You Gestapo, Nazi, communist fascists! Don't you dare come back here!"

Watch this clip to see the heated exchange:

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.

One of the most dangerous existential threats to the United States is Critical Race Theory, or CRT. As Glenn Beck has exposed over the past year, CRT is gaining momentum and has been preached in our universities for a while now.

Then last August, leaked documents revealed that Marxism, activist ideology of Black Lives Matter, is making its way into grade school classrooms across the country. And since then, things have only gotten more intense.

On next week's Wednesday night special, Glenn will expose the new ways progressives are systematically indoctrinating our kids and culture with this dangerous ideology. But first, it's crucial that you know what your kids may already be learning.

"What I'm about to show you is just the beginning," Glenn said, introducing the leaked documents.

"I found it shocking that Black Lives Matter supporters have developed lesson plans that start from preschool all the way up to the 12th grade," he continued. "Do you know the money it would take to tailor things ... and get it out to the schools and the unions for each age, to be able to brainwash the kids on Marxism and how to destroy capitalism by using race, sexual orientation, and gender?

"Our children don't stand a chance," Glenn added later. "They're not being taught anything except how to be radical activists. What the hell has happened?"

Watch the video clip below or find the full episode here.


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.