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To Hide A Hyperinflation - Part 1
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To Hide A Hyperinflation
Written by Jeff Nielson (CLICK FOR ORIGINAL)
In previous commentaries, readers have read firm conclusions that the U.S. government (via the Federal Reserve) has already hyperinflated its currency – past tense. Yet what do we actually see as we look around us? We see this obviously/blatantly worthless currency with its exchange rate versus other currencies propped-up at a particularly absurd extreme. Where is the “hyperinflation”?
Regular readers can automatically answer that question. We see the hyperinflation in the chart below: the exponential increase in the U.S. monetary base (i.e. its supply of money). Both the shape of the curve and the quantum of the total increase shriek “hyperinflation”.
“Inflation” is an increase in the supply of money. This is the universally accepted economic definition for this term. What most people think of as “inflation”, the serial increase in the price of goods, is merely the inevitable consequence of inflation – inflating the money-supply.
If “inflation” is an increase in the supply of money, and the U.S. supply of money has increased literally at a hyperbolic rate, then by economic/mathematical definition, the chart above represents hyperinflation. Case closed.
Or is it? Where is the massive price-inflation, which readers have just been told is an “inevitable consequence” of this hyperinflation? Part of the answer is that this hyperinflation has been hidden, and thus the price-hyperinflation has been delayed. The other part of the answer is that, historically, actual “hyperinflation”, meaning a currency officially plunging-to-zero, is “a confidence event.”
What this means, is that history tells us there is always a lag between the time a currency has been hyperinflated (as we see above), and it actually loses all official value as a medium of exchange. The length of that lag represents the amount of time which the Chumps using this worthless currency can be deceived into believing that it is not worthless.
With respect to the U.S. dollar, which as shown above is now worthless-by-definition, this deceit is the culmination of a multi-decade program of fraud and manipulation, along with the saturation propaganda from the Corporate media that the U.S. dollar is a “strong” currency. Tell a Chump, every day of his life, that the U.S. dollar is “better” than the other (worthless) currencies, and it will take a long time for such a Chump to see/understand the Truth.
Now for specifics. What’s the first and most-obvious way to create the illusion that a worthless currency is a “strong currency”? Manipulate the exchange rate higher, through brute-force, criminal manipulation of foreign exchange markets. U.S. and European Big Banks have now been convicted of serially manipulating the USD (higher), going back to at least 2007.
The mystery here is not that the Big Banks (and primarily U.S. Big Banks) have been caught serially manipulating the dollar for at least the better part of a decade. The chart above proves that a crime of this nature must have been taking place. The “mystery” is that with these banksters engaging in this serial crime, in a market which trades in the trillions of dollars per day, how could it possibly have taken eight years for U.S. and European prosecutors to “notice” this ongoing misconduct?
The answer is that it couldn’t take that long. Rather, what this represents is that after these Big Banks had been serially manipulating this market for 8 years, it was no longer possible to cover up such massive, systemic crime. Indeed, currency manipulation has been one of the Big Bank’s favourite forms of economic terrorism while this “investigation/prosecution” of Big Bank currency-rigging was taking place.
First it was the Indian rupee which was attacked via market manipulation, and had its exchange rate taken to “record lows”. Then it was the Russian ruble. And these are only the major currencies which have borne the brunt of recent economic-terrorism-via-currency-manipulation. For another example; just have a look at Venezuela’s currency, another obvious target of U.S./Big Bank terrorism.
But currency manipulation is only one of the ways in which the Big Bank crime syndicate, Federal Reserve, and U.S. government hide U.S. hyperinflation, and thus the fundamental worthlessness of the U.S. dollar. The second plank in this campaign of crime is to fake “demand” for U.S. dollars.
The primary vehicle for this branch of crime is the massive, serial fraud which takes place in the U.S. Treasuries market. For readers not familiar with the fundamentals of the bond market, here is a brief overview.
The “price” of a bond is directly/inversely proportional to the interest rate on that bond. As the interest rate rises, the price declines, and vice versa. The interest rate on bonds which trade in global markets (such as U.S. Treasuries) is supposed to be a direct function of the “risk” associated with that debt.
Specifically, the greater the risk of default, the higher the rate of interest which is supposed to be demanded on that bond, by the lenders in the marketplace who finance that debt. Officially, the U.S. government is the most-indebted nation on the planet, with a “national debt” of roughly $18.5 trillion.
The U.S. pretends to have a total national GDP of $16.75 trillion, though several of those “trillions” are nothing but smoke-and-mirrors, economic fudging. Yet even officially, the U.S. is already well past the 100% debt-to-GDP level which signifies a “debt crisis” (and massive interest rates on its bonds). But the real story in this endemic fraud is the U.S.’s “unofficial” debts/liabilities.
As calculated by a former economic advisor in the Reagan administration (and now university professor), U.S. debts-and-liabilities exceed $200 trillion – not (a mere) $18.5 trillion. The greater than 1000% difference between these two numbers is based on massive accounting-fraud by the U.S. government, whereby it (officially) has converted $trillions of its debts into “liabilities”.
It is precisely to prevent accounting-fraud of this nature that all U.S. (and Western) corporations are required by law to report their debts-and-liabilities as a single number, via the “GAAP” accounting principles which are a universal standard in the world of accounting, except for our governments. By those universal standards, the U.S. is not merely insolvent, not merely bankrupt, but absurdly bankrupt.
It has only been able to ward-off a formal declaration of bankruptcy (already) via systemic accounting fraud, which would have resulted in criminal convictions if the same fraud had been perpetrated by a corporation. The accounting-fraud of the U.S. government makes “Enron” look squeaky-clean, by comparison.<
U.S. Treasuries are worthless, the massive debts of a completely/ridiculously bankrupt entity. This directly and necessarily implies that the interest rates on these fraud-bonds should be near infinity. Instead, we saw U.S. Treasuries recently trade at a “negative” rate of interest.
What we are supposed to believe is that some “lender” paid the U.S. government for the privilege of loaning money to the most-bankrupt entity in the history of nations, and this does not even account for the (supposed) lender’s future losses, as “inflation” further erodes the value of the bond. The only thing greater than this fraud, itself, is the insanity which the Corporate media, bankers, and U.S. government are attempting to peddle to us here.
How is this fraud perpetrated/financed? More fraud, of course. There are no “buyers” for U.S. debt, in such multi-trillion dollar quantities. Of all the potential buyers on the planet (primarily sovereign governments), most have no available funds to purchase these fraud-bonds, even if they weren’t worthless.
Of those few, remaining nations which have actual “surplus” funds to finance such purchases (like China), most have already voluntarily ceased any/all Treasuries buying. Indeed, at the same time we have seen the ultimate fraud of “negative” interest on U.S. Treasuries, the largest holder of these fraud-bonds, China, has been dumping Treasuries, in the hundreds of $billions.
Is there any way that the price for U.S. Treasuries could rise (and the interest rate fall) while the largest, foreign holder of those Treasuries, was dumping these fraud-bonds, in unprecedented quantities? Of course not. In any quasi-legitimate market, this would have caused Treasuries prices to plummet, and the interest rate to spike – even if these fraud-bonds were not already, obviously worthless.
How does the US government or the Federal Reserve prevent the US treasuries market from actually functioning like a "market"? It's actually mind-numbingly simple. The Federal Reserve counterfeits US dollars by the trillions and uses this illegal currency to buy up the entire supply of treasuries.
Then comes the money-laundering, where the U.S. government foists these worthless bonds onto the books of its lackey accomplices: governments like Belgium and Japan. Supposedly (i.e. officially), the government of Belgium was devoting its entire, national GDP over a span of several months buying these (worthless) U.S. bonds. For those readers who find this “reality” implausible, there is only one, other, possible explanation: institutional money-laundering, on such a massive, systemic scale that it requires the participation of sovereign governments.
Then comes the money-laundering, where the U.S. government foists these worthless bonds onto the “books” of its lackey accomplices: governments like Belgium and Japan. Supposedly (i.e. officially), the government of Belgium was devoting its entire, national GDP over a span of several months buying these (worthless) U.S. bonds. For those readers who find this “reality” implausible, there is only one, other, possible explanation: institutional money-laundering, on such a massive, systemic scale that it requires the participation of sovereign governments.
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To Hide A Hyperinflation
Written by Jeff Nielson (CLICK FOR ORIGINAL)
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We could end up in war over agreeing the definition of inflation. Personally I use physical gold (not the bullshit spot price) as base line and compare paper to it. It gives interesting results
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“Inflation” is an increase in the supply of money. This is the universally accepted economic definition for this term.
"economic definition", oh please. Which group of people worldwide have been responsible over the years for developing most of the financial instruments and economical definitions?
Every increase in the money supply that exceeds the actual growth of human population, is designed and orchestrated to create additional wealth for the "privileged class".
Inflation is a decrease in the value placed on units of human labor. Human labor becomes less valuable as population (the available workforce) and technology increase simultaneously. Technological gains continually reduce the units of human labor required.
If every increase in the supply of money were proportionately divided across all of the units of labor the net effect would be negligible.
The nighmare will hit us when the world wakes up and demand payment in real currency -- Gold.
Then all those paper holders will get in the street and demand accountability, but there will be non.
Did you say "sovereign governments"? No such thingie. The fact is, "government" is complete fiction, and all humans are inherently sovereign.
Actually, "sovereign" is an excess, extraneous, unnecessary term... and only "necessary for emphasis" when slavery is the norm.
soveriengty is the amount of gold and oil held by the most guns
some hyper-flation has already been priced in somewhat, and for some it will be hyper-hyper inflation
I'm talking about small investors, ie savers, and 401k participants, invested in stocks.
my opinion is what ever you've invested since 2008 was way over priced, inflated, and depending how bad it gets, it could very well drop below 2008 levels.
take Enron investors for example, flying high, stocks rising, and rising, you couldn't wait to buy more, because you didn't know the truth, then the market priced each Enron stock to the equivalent to a loaf of bread, you were already priced in on what that loaf of bread cost you, for many it was their life-savings.
no different than all these co's. buying stocks back to make the bottom line look good, to raise their stock price, eventually the markets will tell you what these loafs of bread cost you.
savers used be the favorites of bankers, since 2008, you're the bankers #1 enemy.
Bullshit. Inflation is just above 2%. Now, can I have some more Kool-aid?
Think it is reasonable to suppose after all the central bankers actions globally.
We are in deflation and 1 + -1 = 0, zero, nardah, nothing ... it has been cancelled out ... you want inflation?
MORE, PRINT MORE ...
Not metioned here is that as the FED prints dollars to buy bonds and securities, they also print dollars to sell paper gold, silver and platinum, giving the appearance that everything is stable
Credit is spent the same as money. Inflation is the increase of money supply and credit. IMHO.
Becarefull equating rising and falling prices on inflation/deflation. I am a small farmer, supply and demand can be your best friend or worst enemy.
Remember the rule of 70.. percent divided into 70 gives the time to double. So if the bank gives me 2%, my money should double in 35 years.
Now if inflation is at 2% [sarc] what does that do to your money in 35 years. I prefer to call inflation, currency debasement.
Use inflation calculator and learn the value of your first Social Security Dollar CONtributed.
Minute by minute the dollar is debased.
"“Inflation” is an increase in the supply of money. This is the universally accepted economic definition for this term. What most people think of as “inflation”, the serial increase in the price of goods, is merely the inevitable consequence of inflation – inflating the money-supply."
Nice try. "Inflation" is a rise in the "general level" of prices (http://www.investopedia.com/terms/i/inflation.asp) and everyone knows it. "Hyper-inflation" is a "rapid or out-of-control" rise in prices (http://www.investopedia.com/terms/h/hyperinflation.asp). Since 2008, you hyper-inflation jokers have been screaming that we're on the verge of a Weimar or Zimbabwe style hyperinflation. Yet here we are, 7 years later. No one is buying loaves of bread with wheelbarrows full of money, nor has anyone papered their nook with $100 bills. There has been no back-up in interest rates nor a collapse in the US credit rating or ANY OTHER hallmark of a classic hyperinflation.
You guys are full of bunk!
Even in food prices, where the little inflation we've had has been worst, the rises have not been orders of magnitude. They've been relatively limited and have much more to do with the loss of good food than with people having too much money in their pockets. Admit you were wrong and stop this "well, if we stand on our heads in a dark room, squint real hard and look at the fourth derivative of last month's CPI for CFL light bulbs, we can see we're on the verge of hyperinflation!!!!"
Stop it! You're embarrassing yourself.
You may be right Snooze, for now. It depends on what the recipients of the new money buy. The recipients were the bankers, and bankers bought stock, and the stock market is up. They also loaned the money to home buyers, and houses are up, at least mine is, x2. Bankers don't need that many loaves of bread, so bread didn't go up that much. Some things went up, but not as much as we gold bugs expected. Thing is Snooze, you won't know it, until after it happens, at which time if you didn't already act, its too late.
Ramen noodles in 2008 One Dollar
Ramen Noodles in 2015 One Dollar
gasoline... Baltic Dry, Commodities...well, we all know about that.
upvoted you for speaking the obvious.
You are just cutting and pasting Neo Keynsian Clown philosophy. Inflation is an increase in the supply of money, period.
No. It's not. Words mean things. You don't get to make up whatever meaning suits your argument.
Typical rubber glue response from you and your ilk. Devoid of meaning.
"Inflation" is an increase in the supply of money. This is the universally accepted economic definition for this term.
Horseshit. No one defines inflation this way but Austrians.
The Austrians have been screaming hyperinflation for 7 years, but we can't get inflation over 3%. We've just seen a massive collapse in global commodity prices expressed in dollars over the last year. Deflation expectations are ramping up. If Austrians were interested in accurately describing reality - which is supposedly what economics does - they would adjust their theory. But they're not, so we get the economics equivalent of "God put the fossils in the ground to test our faith in Genesis."
Hyperinflation cannot happen until that money gets out into the economy. Not sure how that would happen here? Don't say helicopter money because that will never happen, the citizens have been brainwashed to only approve stimulus for the wealthy.
"Inflation" is an increase in the supply of money.
This is the classical, and correct, definition. Nobody defines inflation any other way except Court Jester Neo Keynsians.
the Liquidity trap...is priced in. hence, no hyperinflation. (yet)
Hyperinflation is alive and well at your local grocer.
Folgers big can used to make 270 cups for 6.99
That same can got downsized to 210 cups for the same (hyperinflated) price.
Meanwhile the cost of coffee (the commodity) has plummeted.
12 eggs cost over $3 at Wal Mart for the cheapest kind. Regular eggs pushing $4.
Eggs are high in price due to the killing of 1/2 US chicken population
Pay attention to that there have been lots of mass die offs lately. Food supply is a huge vulnerability in this country.
You might have noticed a strange thing over the last 5 years. As each animal or other food commodity experienced a market shock. There was first an implosion of price, followed by a spike and new plateau, which was then followed by steady growth at the new higher price level.
The first year it was turkeys. At some locations turkeys were down to 11-20 cents per pound in 2011. Then they spiked and are now more expensive than ever before. The same has happened with beef, chickens, and now pork. Bacon has had a temporary drop and will soon skyrocket. Mass killings of livestock due to Fed monetary tinkering which subsequently results in financial destruction.
This is another effect of the Fed's monetary asshattery. They are destroying productive capital and capital assets. They are currently wrecking commodities (see oil, et al) and will soon began the wholesale dismantling of the final layers of productive capacity in the American economy.
The Fed is doing its dead level best to destroy markets, because they see markets as the enemy.
We're reaching an end. That's why we have the current Russian initiative, which is the Wardrums for Dipshits campaign to win the hearts and minds of Boobus Americanus.
“Inflation” is an increase in the supply of money.
This is the key to unraveling all of the Neo Keynsian and other assorted nonsense that passes for current wisdom among the Statist "economists". If you can force this point the rest of their agenda falls apart.
To be an officially recognized economist in the State run media is akin to being the Grand Vizier of a Sultan. You tell the boss whatever he wants to hear to justify what he is going to do anyway.
I do not and could not disagree and know that's the Austrian definition but - why isn't inflation [and I am asking only] best conceived as the erosion of purchasing power of the public currency?
so rather than #$ or "prices" the loss of value {or 'energy'} per unit?
Just spitballing, dont have any deep thoughts or theory, just interested in this thread...
Cause --> Effect.
I don’t think this article goes to the heart of the problem.
We all know how bad the numbers are, but so what? Jeff Nielson keeps saying that the dollar is worthless. But it is not.
You hand over a dollar and you get back something real in exchange. The dollar is not useless.
What Nielson is doing is letting moral indignation get in the way of analysis. Of course, the US financial system should blow up – but so far it has not. He misses at least two factors accounting for present stability: excess reserves on the balance sheets of the big banks, and the demand overseas for US government debt.
The FED pays interest on excess reserves. It doesn’t pay much interest, but if you have trillions of dollars on your balance sheet, you don’t need much to get decent money.
As for overseas, there is still demand for US gov. debt. The reason is simple. The FED is a one-eyed man in the land of blind.
The real story here is not that the US financial system is absurd and headed for trouble. Rather, the real story is how amazingly good the con artist are at kicking the can down the road. They solve not one single problem, yet life goes on more or less in normal faschion -- and they haven't blow up the system year after year. That takes talent to pull off.
Planned demolitions are a tricky thing. Gotta get everything set up just right and clear (important) people away from the demolition site. The old system will go down due to either entropy as Law of Physics points out (re infinite growth in finite biosphere) OR in order to make way for the new one. SDR's are the game plan. I feel like BRICs buy in is the factor delaying the detonation. Just my opinion.
"Jeff Nielson keeps saying that the dollar is worthless. But it is not.
You hand over a dollar and you get back something real in exchange. The dollar is not useless."
It's a huge game of musical chairs/dollars. You have to understand what a "dollar" really is to get that. So... taking y'all back, waaaay back we return to basic economics.
A unit of currency is what... money? Nope. It's unsecured debt. You mow a guy's lawn. Takes you two hours. You charge the guy $20 so you get $10 an hour. You take the $20 to the shoe store to buy a new pair of boots to replace the boots you shredded in the lawnmower blade. By an amazing coincidence, the boots cost EXACTLY $20. So you have paid the store owner not $20. You have paid him/her the two hours of labor and expenses it cost you to mow a lawn. The store owner then gives your $20 (aka your two hours of labor) to his suppliers, the electric company, the shoe sales clerk, etc.
So what has happened is that the chain of possession of the value of your two hours of labor has been passed along to others via the magic of non-specific debt.
Along the way, your two hours has magnified by many times as others put their hours into the pot and the $20 gets counted many times. Inflation? No. Liquid labor, mutual debt, money multipliers, the economic crowd has a crap load of words to describe commerce and the exchange of value... because that's really what is happening. It's a never-ending series of trades. Labor for boots for wages and inventory, etc.
And along the way the original non-specific debt gets multiplied many times, and counted even more.
Inflation? What is the value of a really good accountant who can move numbers around like a con man moves walnut shells? That's where your real money multiplier occurs. There can be NO inflation until the general public PERCEIVES inflation and reacts to their perception. So how long can the game be played? Indefinitely. All you need is an ignorant population that is willing to believe in fairy tales, and an economic system that allows the "money" changers to print to infinity - which we have via electronic banking.
anything produced = work = money gold = work = money corn = work = money rice = work = money energy = work = money silver = work = money Spread the word people seem to forget. You can't print money out of thin air.
Fiat Dollar = Fancy Paper = NOT WORK, But a promise it represents work (which it doesnt anymore cause they just print it)
So, you really think this gme of global Weimar can go on "indefinitely"?
LMFAO!!! Good luck with that!
There can be NO inflation until the general public PERCEIVES inflation and reacts to their perception.
I think this is a common misconception created by the teaching of "cost push" and "demand pull" types of inflation in the current Econ curriculum. They have been teaching that "consumers" bid up prices when there is an excess of money in the system, which is the sole source of price increases due to inflation. This is of course false. Customers at stores do not set prices on the shelves. Now, you could say that these large actors such as Wal Mart are part of the general public (versus being part of the state apparatus) but that is begging the question. And these days it isn't strictly true as we have a sort of fascism, which here is a de facto state of the merging of government and corporate interests due to power being concentrated if a few hands. They have a club, and they set the rules. This is why price increases are being talked down and hidden.
The price increases have appeared first in large asset classes, and have leaked out from there. So prices of things like houses, which have been bundled into "instruments" for further derivativization, must go up. This produced a small wealth effect for a short period of time as the non-wealthy could get in on the action by flipping and refinancing. But in the end this is extractive because the people lower on the finance totem pole are going to be dispossessed of their assets sooner or later due to their involvement in this scheme. The house always rakes in the chips. You can see this at work when you look at the holdings of banks such as Wells Fargo, who together with their co-conspirators arranged to destroy other banks and take all their mortgage assets. In a recent month 86% of real estate listings were institutional, for example. They own everything outside of pre-existing land assets, but will soon get those too.
All this is why the people in control of the monopoly money are so cocky. They believe they cannot have a Weimar experience simply because they will not print the money, and therefore will not allow it. Germany printed the money because it was giving the finger to France, and the government in Germany at least somewhat cared about the people. This is very different than our situation here in the US, where this government actively despises us, wishes to exterminate large segments of the population, and will never stop its quest to conquer the world.
Hyperinflation occurs when people lose faith in the ruling class.
As inflation grows so does entropy.
http://www.inference.phy.cam.ac.uk/itprnn/book.pdf
but this works on all sides of the 8 ball.
"they" control less and less the more removed from 'market forces' are the amalgamation of purchases and sales, etc.
I dont have a econ background to speak of beyond a couple courses undergrad, but I'm interested in the behavioral stuff but also information theory and policy - in an armchair way, mind you, I'm too dumb to grasp the hard core stuff anyway.
"Hyperinflation occurs when people lose faith in the ruling class." Yes, and their paper promises.
History shows this to be true, however, history also shows that the peasants usually do not actually do anything about it until they are starving. At which point it is usually too late.
Back up a bit and consider the fact that infinite growth (upon which all eCONomic models are built) in a finite biosphere is impossible.
A global rebalancing will occur, period, this is an inevitable consequence of math and physics. Hedge accordingly.
It is true that in most planned, controlled systems to date that some concept of growth was required to keep that system viable. This is due to the inherent inefficiency of having 1 man or woman responsible for planning what everyone else will do. What we think of as economic models are actually political control schemes.
I don't agree that infinite "growth" is required for actual material progress and wealth creation. I think this is yet another false meme from the "sustainability" crowd. In the end people will be happiest and most prosperous when they are not dominated by an overlord and when they do not have a State draining their assets and putting them into rape cages if they disobey. This is what a free market really is. The only problem we currently have is that control freaks have guns, and the faith of the people behind them.
This will soon change on both accounts.
7against - What you say is correct, but it is also a fine example of normalcy bias.
OK so assuming everything said in this article is right the only question left is when all this FED fraud would be exposed and when will the hyperinflation actually be detected in the inflation data coming every month? Data still shows less than 2% inflation. Will it still take 4-5 years for the data to show 50-100% inflation?
Look at medical, housing, education to see the first whispers of it. It's also hard to see it because almost all major global currencies are following suit. SDR's are the post hyperinflation game plan. Got gold, silver? Bit coin deserves honorable mention but could be a central ban trial balloon for purely digital currency.
I'm not an Economist, but as a non-US citizen I would also say that the USA can export their inflation because not only is the USD the reserve currency of the world, it is also the main currency that the world does business with. So I look at our world and think of a giant Monopoly board where every country is a player but the USA is the player that controls the bank and is constantly cheating by taking money from the bank so they can buy whatever they want while every other country must be more diligent with their play money.
Peter Schiff agrees and has been trying to explain it to the talking heads on these financial shows whenever he can. They don't seem to grasp it. It may be they don't want to accept it, but I think most of these experts may actually be too stupid, either functionally or in low IQ terms, to get it.
As a US citizen, I would say that you understand it perfectly, and have given an excellent analogy. Too bad I am associated with these criminal oligarchs who are forging currency to fund their bad bets.
I can't wait for the next election so we can vote for a change. Should I vote Bush or Clinton?
You should vote with your feet and get away from the soulless bloodsuckers! Neither of the established parties is going to change the trajectory of this collapse.
WE NEED GORT!!! https://en.wikipedia.org/wiki/Gort_(The_Day_the_Earth_Stood_Still)
;-D
Excellent analysis, but what would Belgium and Japan's motivation be to play along with the fraud? Seems like a losing proposition for them.
If Belguim and Japan make it so their currency does not go up, the inflation in their country should go down since they can import cheaper USA or priced in USD goods.
The down side of going along with this is that unemployment in their countries would go up as inflation goes down.
If Belguim and Japan make it so their currency does not go up, the inflation in their country should go down since they can import cheaper USA or priced in USD goods.
The down side of going along with this is that unemployment in their countries would go up as inflation goes down.
Most world leaders are bribed by American politicians. That's why leaders of foreign countries care more about what American politicians want than what's best for their countrymen.
bribed by American politicians ? Threatened by Facist fuckers is more like it