A Bag Of Rice, A Machine Gun and Thou

As the division of labor collapses there will be plenty of desperate people to supply a workforce with cheap labor...Work for food...People will firesale their jewelry...etc...anything of value...A firesale of epic never seen in history scale...

That's what happens...

See you all need Hyperinflation...The real question is...Are you going to get it?

Why would anyone start a hyperinflation? The system is not set up like Germany at all...If it were to crash the debt supply would cave in rapidly.

The collapse in 2000 to 2003 was caused by a slight slowing of debt inflation...

A couple of % drop in the growth rate...It was still growing just not as quick and the system came unglued...and it was mostly just the speculative garbage that was cleaned out...This event is wiping out the physical economy...

Real estate was in a boom for over 30 years...It was just a bubble within the bubble...In 2005 real estate was pumping 40 Billion dollars a month into the US domestic consumer economy...or 480 Billion a year...

In 2000 it was only pumping 13 Billion dollars a month...or 156 Billion a year...Once it stopped...game over...Is Ben going to buy empty houses at an ever greater price forever? I doubt it...

The #1 US export is consumer debt...That is really all that the US produces...

That stops and the imports of manufactured goods and raw materials and even services from the rest of the world stops...Without a US consumer able to request more and more debt to consume more and more imports...There is no global economy...It's been like this since 1945 and has become worse every year since...

Other than a handful of people the vast majority are trapped in a just think positive it's never going to end mania mode larger then any mania in history...

It's in full blown insane mode...It's already over just no one knows it yet...

Civilization is just a food powered make work project...It's intrinsic value is nothing...The top or owners of everything create the demand for money since they need it to purchase food...

Remove the food and the intrinsic value of everything else goes to zero...Money is just a food substitute...Food is energy...It powers the fantasy world you live in...

The gold supply or food was exhausted in 1971 to support the lifestyles of the rich and famous...So the system was switched to a debt backed by debt system to postpone the die off...

Now debt is the food you all must consume in ever greater quantities forever to sustain the lifestyles of the rich and famous...

There is a maximum potential...And it is the rich people who run the show and own the money supply...It's how you are able to feed yourself and your family...

When the system regardless of what is being used as money reaches maximum potential the families at the bottom are sacrificed by the crime families at the top...

It's the way it's been for 1000's of years...

Gold does not prevent that from happening...

When the gold ran out at the bottom the peasants paid the top with chickens and rabbits until they were all gone...You don't even have chickens and rabbits...

And the top only needs so much labor so even if you are ready willing and able to work...there is none...You can then be self employed as a starving to death victim...

An unfunded liability...

Interest rates would not have been engineered lower and lower for the past 23 years if it was as simple as just filling up hard drives with electromagnetic polarity differentials...There is a physical economy...It is what sustains you, it is what sustains the system...

It has reached maximum potential...I say consumers request debt...consumers demand debt and if they have the collateral to back it then their demands are met...

Consumers have almost used up all their collateral to demand debt which they have blown on consumables...They have not really created any more collateral...That's why rates have been engineered lower and lower because the collateral is not growing...Your wages have hardly grown and your assets are debt inflated...Like real estate...The equity was being extracted faster than it was being created...

Once rates go as low as they can go...Thats all she wrote...Game over...

Because you are monetizing collateral faster than it's being created...If rates don't keep dropping forever you will convert all your collateral into debt and be unable to demand any more...Then the whole system implodes...poof.

Since the only way to service previously created debt is with newly created debt in the required amounts...That ends...game over...

It is inevitable...You are not taught this in school because you would all demand a better system...

The rich like it like it is...And have liked it like this for 6000 years...

And it does not matter if Gold is money...It's an accounting problem...

The top takes more than they give and the bottom gives more than they take...Until the bottom can not give any more...Game over...

The top then just switches to a different medium of exchange to keep it going...If that's what they decide to do...The top owns and controls everything...They are the employers of the employees...

The employees pay the employers to pay them...when the employees can't pay the employer anymore...they are laid off...or have to take a pay cut...

The reason why most of the consumer products are manufactured outside of the US is because no one in the US could survive on 80 cents an hour...

Unless they were put into work camps...

It is the consumers that owe 47 Trillion who have to inflate out...

I looked back as far as I could to 1952 so if that is the start of the inflate out point then they started at 200 Billion...

There is no way to inflate debt to get out of debt...The only sure fire way to get out of a situation that is impossible to get out of is to not get in...

But you all love compounding interest...The just think positive and ignore the negative religion...

It's all a barrel of laughs...until it's not anymore...

Well we are now real close to the point where you are not going to be able to ignore the negative aspects of the compound interest equation any longer...Or the taking more than you give psychology...It has nothing at all to do with money...

It's an accounting problem...

Silver coins and gold coins are money...You have the face value and the content on your side...With paper money in the case of silver, silver would have to become worth less than a dollar for a paper dollar to be worth more...

I figure once the real action starts there will be enough people blindsided walking around that you will just be thankful you are not them and have something...Most people will be lucky to have the loose change in their couches left...

How quick is it going to be? Too quick to worry about what to do when it hits full force...

Even the people that see this coming can barely comprehend the magnitude...

The books are going to be balanced...Again, it's ultimately an accounting problem.

Compound interest is the reward selfish people get when they take more than they give...And it is going to wipe out the frugal ones too...

Like it always does and has done for 1000's of years...

How do you call it savings if you give it to someone else to spend and then expect more back in return?

That is not savings...It sounds like speculation or gambling to me...

You are all connected to Wall Street...You are all connected to everything...Everything is connected to everything and all dependant on the truth for everything to exist...

Banking is a lie...

Lies depend upon truth for their existence...truth does not depend upon lies for its existence...

Lies require power...They need to be powered...How come banks never seem to run out of money?

Because if they did, lending out of savings to be spent would stop...

The food powered make work project that the bank is financing would collapse...

Rich people don't like when their standard of living collapses anymore than poor people like starving to death...

So to sustain the economy the lending and spending cycle can never stop...

Modern Banking is just a 600 year old money making scam...The first Modern bank as you see banks today appeared in Spain around 1400...

That bank functioned exactly like the banks today do...

Now in a fixed monetary system there is a maximum potential...Once the maximum amount of lets say Gold coin has been lent and spent and then ending up as deposits in the bank to be lent and spent some more is reached...

That is maximum potential and the system implodes...the lending and spend cycle stops...poof...game over...

How do you keep it going? IOU's...Checks...Bank notes...etc...Which reduces the demand for Gold coins...

You like your current standard of living? It would cease to exist in a fixed monetary system and depressions or the natural cleansing process would still take place when the lending spending cycle stopped...

Do you get it yet?

Giving money to someone else to spend in the hopes of getting more back than you gave is what you all tell me is saving or banking...

Winter is coming...Did you save or bank any food?

Sure I gave it all away to other people to eat and they owe me back twice as much...I'm covered...I'm safe...I'll survive the winter no problemo...

You are all in for an unfortunate surprise...

The supply of dollars inflates because they are debt...If the massive Debt inflation that has sustained the global system for the past 60 years collapses then the production of dollars collapses...

GOLD is priced in dollars...GOLD is a debt inflated commodity...

The demand for gold based on the avaliable supply of debt drops when debt deflates...unless of course there is above normal demand for it...Like before Y2K and beyond to this point...

If you don't have 900 dollars to buy gold and no one does then the price has to drop to a point where there is enough volume to support the price...Maybe at $200 there is enough volume...

Since the gold market is mostly played by get rich quick speculators, when the credit system collapses they will have to sell their positions off to survive...

What does anyone need gold for? Jewelry?

Eat your Jewelry.

The most manipulated markets are the foodstuffs...Grain, Corn, beef,...etc

If food prices tripled overnight then you would not like that but you sure like the idea of gold tripling overnight...

Like I try to point out you are all basically living in a hologram...It is all one huge lie that is about to implode to oblivion...poof

I go to Africa and there is a whole pile of starving people...They have a bar of Gold...What luck...I have a machine gun and a bag of rice...

Exchange rate on that day is one bag of rice for one bar of gold...simple...

By conquest or consent...Welcome to the real world...

It does not matter. The system does what it is designed to do which is inflate debt to it's maximum potential then implode.

When the FED drops rates then that is an admission that the reflation did not work.

If the FED had held rates then that would be an admission that the reflation was not working.

By raising rates that is the FED saying that reflation is working...And if you followed the FED's statements on what was supposed to happen in the future then they are just following their own script.

At this point it is mostly social engineering...From what I can tell the FED and Monetary authorities cast the spell which was that If the economy recovered or Reflation worked then Federal Funds would rise...

So currently the Economy is weak and getting weaker...

Of course I fully expect an event, it does not need or require to be Al Queda either.

Whatever the Event it will draw attention far away from the FED and its operations.

If not the secondary action...The Blaming of Greenspan for it all will certainly draw attention far away from the compound interest system.

There will be a blizzard of scapegoats in the end.



THE NEW YORK TIMES
* * * * *
Thursday October 28, 1993 Page A1
“Tapes Depict Proposal to Thwart Bomb Used in Trade Center Blast”
By Ralph Blumenthal

Law-enforcement officials were told that terrorists were building a bomb that was eventually used to blow up the World Trade Center, and they planned to thwart the plotters by secretly substituting harmless powder for the explosives, an informer said after the blast.

The informer was to have helped the plotters build the bomb and supply the fake powder, but the plan was called off by an F.B.I. supervisor who had other ideas about how the informer, Emad Salem, should be used, the informer said.

The account, which is given in the transcript of hundreds of hours of tape recordings that Mr. Salem secretly made of his talks with law-enforcement agents, portrays the authorities as being in a far better position than previously known to foil the February 26th bombing of New York City’s tallest towers.

The explosion left six people dead, more than a thousand people injured, and damages in excess of half-a-billion dollars. Four men are now on trial in Manhattan Federal Court [on charges of involvement] in that attack.

Mr. Salem, a 43-year-old former Egyptian Army officer, was used by the Government [of the United States] to penetrate a circle of Muslim extremists who are now charged in two bombing cases: the World Trade Center attack, and a foiled plot to destroythe United Nations, the Hudson River tunnels, and other New York City landmarks. He is the crucial witness in the second bombing case, but his work for the Government was erratic, and for months before the World Trade Center blast, he was feuding with the F.B.I.

Supervisor `Messed It Up’

After the bombing, he resumed his undercover work. In an undated transcript of a conversation from that period, Mr. Salem recounts a talk he had had earlier with an agent about an unnamed F.B.I. supervisor who, he said, “came and messed it up.” “He requested to meet me in the hotel,” Mr. Salem says of the supervisor.

“He requested to make me to testify, and if he didn’t push for that, we’ll be going building the bomb with a phony powder, and grabbing the people who was involved in it. But since you, we didn’t do that.”

The transcript quotes Mr. Salem as saying that he wanted to complain to F.B.I. Headquarters in Washington about the Bureau’s failure to stop the bombing, but was dissuaded by an agent identified as John Anticev.

Mr. Salem said Mr. Anticev had told him, “He said, I don’t think that the New York people would like the things out of the New York Office to go to
Washington, D.C.”

Another agent, identified as Nancy Floyd, does not dispute Mr. Salem’s account, but rather, appears to agree with it, saying of the `New York people’: “Well, of course not, because they don’t want to get their butts chewed.”





"Operation Northwoods, which had the written approval of the Chairman and every member of the Joint Chiefs of Staff, called for innocent people to be shot on American streets; for boats carrying refugees fleeing Cuba to be sunk on the high seas; for a wave of violent terrorism to be launched in Washington, D.C., Miami, and elsewhere. People would be framed for bombings they did not commit; planes would be hijacked. Using phony evidence, all of it would be blamed on Castro, thus giving Lemnitzer and his cabal the excuse, as well as the public and international backing, they needed to launch their war."--Journalist James Bamford summarizing Operation Northwoods in his April 24, 2001 book Body of Secrets

snip:

"3. A “Remember the Maine” incident could be arranged in several forms:

a. We could blow up a US ship in Guantanamo Bay and blame Cuba.

b. We could blow up a drone (unmanned) vessel anywhere in the Cuban waters. We could arrange to cause such incident in the vicinity of Havana or Santiago as a spectacular result of Cuban attack from the air or sea, or both. The presence of Cuban planes or ships merely investigating the intent of the vessel could be fairly compelling evidence that the ship was taken under attack. The nearness to Havana or Santiago would add credibility especially to those people that might have heard the blast or have seen the fire. The US could follow up with an air/sea rescue operation covered by US fighters to “evacuate” remaining members of the non-existent crew. Casualty lists in US newspapers would cause a helpful wave of national indignation.

4. We could develop a Communist Cuban terror campaign in the Miami area, in other Florida cities and even in Washington.

The terror campaign could be pointed at refugees seeking haven in the United States. We could sink a boatload of Cubans enroute to Florida (real or simulated). We could foster attempts on lives of Cuban refugees in the United States even to the extent of wounding in instances to be widely publicized. Exploding a few plastic bombs in carefully chosen spots, the arrest of Cuban agents and the release of prepared documents substantiating Cuban involvement, also would be helpful in projecting the idea of an irresponsible government."

http://en.wikipedia.org/wiki/Image:NorthwoodsMemorandum.jpg