As has been reported in previous threads, Blacklight Power will soon be bringing a “free energy” device to market. I think their initial device is projected to produce 100 kilowatts of power, being scalable up to 10 megawatts of power. A 10 megawatt plant today would be something on the order of a small nuclear power plant. The device will be small and incredibly cheap, small enough to operate as a car engine.
BLP plans on bringing the technology to market by way of power-purchase lease agreements. People will lease a generator from BLP and then pay BLP for the energy that unit produces. They will then sell the energy to their neighbors for a profit, while paying the remainder to BLP as a lease cost.
I predict the announcement of BLP bringing this technology to market will be the catalyst for a wholesale dumping of the US dollar by foreign governments that are not loyal to US policy interests, notably China and Russia. Once the Russians and Chinese figure out that they can get all the energy they need without having to buy US dollars in trade for oil, the petrodollar is done for. The demise of the petrodollar will also be precipitated by “bond vigilantes” who know the wealth of the US is entirely predicated on our ability to force other nations to pay for oil in dollars.
The massive flood of money returning to the US will initially cause interest rates to spike, which will provoke a quick reaction by the Fed. The Fed will “print” all of the money it needs to buy up all of those bonds in order to prevent an interest rate spike. If rates should spike, the US financial system would be bankrupted virtually overnight, along with the US government. Rather than accepting this fate, the Fed will print money until hyper-inflation sets in.
We are already experiencing high levels of inflation in terms of food, energy, housing, and tuition costs. These costs will continue to rise until a large chunk of America finds themselves homeless or unemployed. As hyper-inflation destroys the US dollar, people will begin seeking alternative currencies to trade with.
We will see a large scale shift to Bitcoin and the Chinese renminbi. Eventually even the renminbi will be displaced by crypto-currencies like Bitcoin. The entire US financial system will be left in ruins as debt based money world-wide implodes. Government’s will become defunct as people begin transacting in a untaxable currencies, forcing governments to become market based entities that only get paid for their services if customers like their product. Along with the implosion of state mafias, large scale wars will become a thing of the past.
In addition, new methods of water desalination using electricity will be created that will provide nearly unlimited fresh water for agricultural, industrial and residential use. In addition, new methods of hydrogen creation will make hydrogen cheaper than natural gas is today. In addition, new methods of transmuting elements will make mining for metals obsolete. Unlimited electricity, unlimited hydrogen, unlimited water, and inflation/tax proof currency will make fighting for resources unnecessary.
Traditional science, which has been corrupted by state funding, will be displaced by new scientific theories that turn religion and cosmology on their heads. People will come to accept that all matter is ultimately made up of energy, and that energy has its roots in consciousness itself. Classical physics will make a glorious return to the halls of academia, as will spiritualism.
We will discover that comets are not melting snowballs, but rather electrically discharging pieces of solid rock that were blasted off of planetary surfaces not all that long ago in terms of Earth’s history. In fact, we will come to accept that the entire universe is electrical and digital in nature. From the Sun to galaxies, electrical theories of space will displace our current gravity based interpretations of the universe.
We will invent new methods of transportation that may even have us reaching near-by star systems before most of us are dead. It wouldn’t surprise me if we had the ability to vacation on the moon within 30 years time.
What may put a crimp in all of this coming to pass is if the psychopaths in power decide to blow up the planet in a nuclear war before they lose complete control of the dollar. Once they see hyper-inflation unfolding, the criminal class may make one last desperate attempt to destroy that which they can no longer have – control of people’s lives.
Sit back and enjoy the show. The fireworks are about to start flying.
It’s worth noting that every last one of those predictions has already been experimentally demonstrated, with many of them having been repeated in numerous labs around the world. It’s just a matter of time until they make it into the market.