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News Link • Economic Theory

The Financial "Samson Option": What to Do Before Governments Pull the Trigger

• https://internationalman.com, by Nick Giambruno

It holds that if Israel's enemies were about to overrun the country, Israel would respond with a massive use of nuclear weapons as a last resort.

The concept comes from the biblical figure Samson, who pushed apart the pillars of a Philistine temple, bringing down the roof and killing himself—along with the Philistines who had captured him.

In short, the Samson Option is a threat that says, "If we're going down, we're taking you with us."

I'm bringing this up because governments also have a financial Samson Option… and they could soon use it to devastating effect.

Thanks to central banking and fiat currency, governments can steal a nation's savings through currency debasement. In the event of bankruptcy—or other existential situations—governments can tap into the wealth of a nation by creating new currency units as they desperately try to survive.

There's no doubt they'll exercise that option before they go down.

It gives a government the ability to bankrupt everyone—at least the unprepared—as it goes bankrupt. "If we're going down, we're taking you with us."

In short, that's the government's financial Samson Option. And they're preparing to use it soon.

When the Next Crisis Hits
Imagine working 9 to 5 for 50 years… only for the Federal Reserve to print 40% of the money supply and inflate away 20 years of your hard work.

You don't have to imagine—it actually happened during the COVID mass psychosis, as governments worldwide indulged in a frenzy of currency debasement.

It was the most recent example of what happens when the US government faces an imminent financial crisis. In a matter of days, the Fed created more dollars out of thin air than it had over the US's nearly 250-year existence.

The Fed's actions during the Covid hysteria amounted to the biggest monetary explosion in US history. It's a strong indication they won't hesitate to use the financial Samson Option during the next crisis—which is likely coming sooner than later and could be much bigger than what happened in 2020.

And no matter how they try to disguise it with confusing euphemisms—quantitative easing, reserve management, yield curve control, large-scale asset purchases, open market operations, balance-sheet expansion, liquidity injections, emergency lending facilities, repo operations, and countless other bits of financial jargon—the end result is always the same: currency debasement.


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