Peak Oil Preparation: Get Out of Debt 2/3 – Michael Ruppert



Until you change the way money works, you change nothing. Michael Ruppert, editor of “From the Wilderness” and author of “Crossing the Rubicon: The Decline of the American Empire at the End of the Age of Oil” sits down with Local Future’s Aaron Wissner to discuss things that individuals can do to prepare for peak oil and the rough times ahead. Ruppert’s key message, “Get out of debt!”, because being out of debt will give an individual the ability to make quick choices during the quickly changing times ahead. This is the second part of a three part interview. localfuture.org Michael Ruppert quotes from this video Until you change the way money works, you change nothing. We live in a global economic paradigm that is based on fractional reserve banking. Banks create money out of thin air. Debt based growth is a pyramid scheme, it requires infinite growth. Infinite growth is not possible. Avoid compound interest rates. When you are trapped in any interest paying arrangement, your money is working against you. Buy gold, and hold it physically, in a safe deposit box at a bank or in a safe at home. Disengage, as much as possible, from this paradigm. Money is useless without energy. You can not eat a bill. Money REPRESENTS the ability to do work. Energy IS the ability to do work. Money is a SYMBOL for the ability to do work. Money represents energy. Put yourself in a position that you’ll never need to be bailed out, because no one is ever going to come to bail the individuals

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2 Responses to “Peak Oil Preparation: Get Out of Debt 2/3 – Michael Ruppert”

  1. bluzy25 says:

    what about silver?

  2. This Web site says:

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    Get Out of Loan Debt – Peak Oil Preparation: Get Out of Debt 2/3 – Michael Ruppert…

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