Monday, October 19, 2009
The bottom supports the top.
All the money the top pays the bottom to support them comes from the bottom...If the yield rate drops...the bottom has to suffer the cuts...and as the bottom is cut the yield rates drop more and more.
It's the end of the line folks...the top takes more than they give from the bottom while the bottom gives more than they take.
The top has taken all that can be and the bottom has nothing more to give...game over.
The recent price increases are the result of the top attempting to obtain the required yield.
It's like a rider...the top...and a horse...the bottom...The rider has been whipping the horse to sustain top speed...the past 65 years...to the point that the horse has become exhausted...it's slowed...over the past 2 years...and now stopped.
The top has dismounted and is basically whipping the horse now but it won't budge...The rider is going to whip the horse to death.
The rider will then blame the horse.
The Government will make a new rule making it illegal for exhausted horses to stop galloping at full speed...problem solved.
The horses will still stop when they become exhausted...and the riders will continue to whip them to death.
Like they have been doing for 1000's of years now.
All money is fiat or by decree. Money was a tool created by those rich in power to more easily account for the power you all owe them.
Tell me why a farmer would slave in his field growing food all year to exchange it all for a a few ounces of gold which you panned in a couple of weeks. Why would a farmer spend a year to grow and then trade enough food to feed many families for years for a couple ounces of yellow metal?
The cause of the crunch is that consumers have reached the point that they can no longer request the commercial banks to manufacture more and more new money...
Inflation greater than previous inflation to maximum potential becomes inflation less than previous inflation to maximum potential once the maximum potential of inflation greater than previous inflation is reached.
It's a wave...On the way up consumers are forced to request more and more and more and on the way down consumers are forced to request less and less and less.
The FEDERAL RESERVE is not expanding or contracting the money supply...They just claim to and all the oblivious morons that have no idea how the system works are basically forced to believe the claims.
It's like a magic show...You all don't know the trick so ultimately all you see is the rabbit popping out of thin air out of a hat.
The growth of the US money supply stopped last quarter...So demand for the US Dollar has to drop quicker than the supply shrinks or the US Dollar is going to gain against other currencies.
They threw over 50 million people out of work when the US consumer caved in.
Their economy is based on export to the rest of the world...The USA makes up over 25% of the rest of the world and the other economies either have the USA as the largest consumer of their exports or the largest consumer of their exports has the USA as the largest consumer of their imports so without the consumers of the USA...they along with the rest of the world are toast...their economy implodes without massive imports of inflation from the rest of the world with the USA the engine of global inflation grinding to a halt.
Remember the stimulus in the USA..guess what? All of the G20 threw the kitchen sink at their economies as well...
Canada was producing a surplus and paying down public debt for the past 12 years and that was all wiped out in a couple months.
The largest coordinated Government intervention in the global economy in history.
Trillions globally bought a few months.
Ultimately the only way for the US Dollar to collapse in value relative to the rest of the currencies of the world is if it's produced in greater quantity than all the rest.
The current drop was due to the glut of oil on the market from a global economy that has slowed its growth by the greatest amount in 65 years.
What you all fail to realize is that the US Dollar was made the global trade medium of exchange in 1944...The USA and its consumers became the demand....the rest of the world the supply.
Over the past 65 years the rest of the world has become more and more dependant upon the consumers of the USA gobbling up the supply.
The US dollar caves and that drives up the cost of Chinese imports...once American consumers can't afford to buy Chinese exports...Poof China blows out like a candle.
Their communist dominated banking system requires massive imports of inflation to prop it up...without that...China's banking system implodes to oblivion...It's run worse than the US banking system aand has more non-performing debt than the Japanese banking system...when the music stops in China...there will be no chairs.
Sorry but China is not coming to the rescue.
The British pound was the previous global trade medium of exchange of the global trade system that collapsed...It was inflating China in the 1920's...until the global trade system collapsed 1929-1933 and the flow of pounds into China stopped.
China imploded to oblivion and did not rejoin the global trade system until the 1980's when China was opened up to absorb massive amounts of US exported consumer debt inflation that has "puffed" China up into what it is today.
Stop that and China caves in...
China is in almost the same position as Japan before they overdosed on imports of inflation and popped in 1989.
But this time around there is not going to be a recovery or further jiggering of the system or new rules.
Without a consumer able and willing to consume better than the US consumer did the past 65 years....it's the end of the line...Just like in 1929-1933 followed by the 1933-1945 bankruptcy reorganization of the Global economy.
Now for reality.
The national debt or public debt is the amount of money the US Government has borrowed from the money supply of the USA.
To the penny currently it's 11,908,351,334,548.00
11.91 Trillion Dollars.
The total money supply of the USA?
The Federal Reserve calls the money supply of 52.8 Trillion Dollars...Total credit market debt.
Because its all debt.
In 1944 The total credit market debt of the USA was 355 Billion Dollars
The national debt or public debt was 201 Billion Dollars
Meaning that the US government had borrowed by issuing bonds...56% of the money supply of the USA.
Currently 11.9 Trillion Dollars is only 22% of the total money supply of 52.8 Trillion Dollars.
basically since 1944 US consumers have requested the comemrcial banking system in the USA to manufacture 52.45 Trillion Dollars of new money.
banks ran out of money to lend centuries ago...well since rich people own all they money...they ran out of money to lend to all the poor people so that they could continue paying the interest due on all the money they previously borrowed from the rich people.
What to do?
Issue credit...Create IOU's to pay the rent due on IOU's
All the money in circulation is debt with interest attached...the cost to service this debt...or to pay the top the rent due on the money supply your ancestors borrowed centuries ago in Europe?
Is hidden in the cost of everything.
Of course since 1944 to now the US Federal Government has "borrowed" 11.7 Trillion Dollars of the 52.8 Trillion dollar money supply the consumers of the USA requested the commercial banking system to manufacture.
There are about 150 Million workers in the USA...They are the ones that have an income and can actually pay teh rent due.
That means that each worker in the USA owes around 352,000 Dollars and lets say at an average interest rate of 5% the yearly interest per worker is around $17,600 per year.
Consumers of course request more money than is needed to just pay interest...the average growth rate or compounding interest rate of the money supply since 1944 is 7.99 to 8%
Every time a consumer goes to a bank for a loan or swipes a credit card...the total debt of the USA/money supply increases by that amount.
Every consumer in the world...because the exact same system in operation in the USA is in operation in every country on Earth...
It's been like this now for over 300 years.
The top invented money and owns it all...the bottom rents it.
But not to worry.
This last quarter for the first time in 7 decades the total credit market debt stopped growing...it contracted by 200 Billion Dollars.
Because after over 65 years of requesting commercial banks to manufacture more and more and more new money to pay the rent on all the previously requested money...US consumer are maxed out.
They have reached the point where they owe so much that they can't request more and more and more...they are forced to request less and less and less.
The roaring 6 decades are coming to an end.
Why is the US public dbet increasing so quickly lately?
Because the Federal Government is trying to pick up where the US consumers have left off...
Like trying to whip an exhausted horse into a full gallop...that has just spent the last 65 years running at a full gallop.
At the peak in 2007 US consumers were requesting the commercial banking system to create almost 6 Billion dollars of new money aka credit aka debt a day to sustain the USA and global economic system.
Last quarter US consumers requested the commercial banking system to create -200 Billion dollars.
Negative 200 billion dollars...or basically zero new money...whip the horse to death...
This has not happened since the 1930's.
The last time US consumers reached the point where they could no longer request more and more new money to be created to sustain whatever it is you all think you are sustaining day in and day out generation after generation...
Even more great news...There is not anything that can be done to stop the inevitable implosion of the compounding or exponential growth system.
We are basically at the point now where we just crumble down to oblivion or hyperinflate in a last desperate and pathetic attempt to sustain inflation a bit longer and then hyperdeflate to oblivion.
Oh it was all going great...the recession was ending...bla bla bla...and then...insert scapegoat here....happened.
Posted by Cheryl-Lynné at 8:05 PM
Monday, August 31, 2009
1. Who makes our money.
The paper notes...
"The establishment of the Bureau of Engraving and Printing can be traced as far back as August 29, 1862, to a single room in the basement of the main Treasury building where two men and four women separated and sealed by hand $1 and $2 United States Notes which had been printed by private bank note companies."
Not the FED's money...All that happened in 1913 was the standardization of the commercial Banknotes in circulation...prior to 1900 there were 1600 different banknotes in circulation in the USA.
The private banknotes the commercial banks have been issuing for easily over 600 years now...the further into the future...the greater their ability to issue and account for banknotes became...up to the point now where most of the supply has been digitized and is mostly just electromagnetic polarity differentials on hard disk platters.
Coins are from the US mint...
They are the actual United States Government issued money.
In 1792 Coinage act the Government "fiat" or decree defined a US Dollar as...
"DOLLARS or UNITS – each to be of the value of a Spanish milled dollar as the same is now current, and to contain three hundred and seventy one grains and four sixteenth parts of a grain of pure, or four hundred and sixteen grains of standard silver."
The Rothchild/Bank of England controlled the Global Gold trade/supply...And their plan was to put the world on a "Gold standard" and eliminate the silver or bimetalic standard that the rest of the world was on...
Why...simple...To take over control of the global monetary system.
The City of London backed the Gold republicans headed by William McKinley, Jr. to get the USA on the "Gold standard"
In 1900 the new government fiat or decree...the Gold standard act defined the US Dollar as...
"the dollar consisting of twenty-five and eight-tenths grains of gold nine-tenths fine ... shall be the standard unit of value, and all forms of money issued or coined by the United States shall be maintained at a parity of value with this standard, and it shall be the duty of the Secretary of the Treasury to maintain such parity."
Fast forward to the United States $1 Coin Act of 1997
"The Sacagawea dollar, along with the Presidential Dollar series, is one of the two current United States dollar coins. This coin was first minted by the United States Mint in 2000 and depicts the Shoshone woman Sacagawea, a member of the Lewis and Clark Expedition, carrying her son Jean Baptiste Charbonneau. Artist Glenna Goodacre used a 22-year-old Shoshone woman named Randy'L He-dow Teton as the model for the young Sacagawea The 2000-2008 reverse side was designed by Thomas D. Rogers."
It's decreed to be
8.100 g (0.26 troy oz)
Diameter 26.5 mm (1.04 in)
Thickness 2.00 mm (0.079 in)
Composition Copper with manganese brass cladding:
Because a small group of men calling themselves "We the people" way back in 1783 gave a thing they created out of thin air called Congress the above power...to coin money.
and regulate the value...really...
All money issued by the US Government for its entire history...has been fiat or by decree.
The Government says...money is this...period end of story.
Banknotes...are not money...but they can be used like money since they are supposed to be backed by money.
Like carrying around a few 1000 dollar coins can be a problem...but 20 100 dollar banknotes can be put in a pocket.
2. How money comes into existence.
All the "money" currently in existence came into existence by decree or fiat.
The required amount of power was acquired and money was decreed into existence.
Those at the top of the hierarchial power amassing pyramid decree what is money.
An example is the 1792 Coinage act where the US Dollar or uint was decreed into existence.
Coins...The US Treasury has an obligation to satisfy the public demand for coins.
So whenever demand for coins in the USA increases...The Treasury must increase the supply of coinage.
What about the paper money or the credit system?
Credit is not money...It's backed by money...So ultimately it can be used like money and is considered money.
A consumer requests a commercial bank directly or indirectly to create credit.
To buy a house or when using a credit card.
In 1944 the total credit supply or total credit market debt or the money supply of the USA was around 355 billion Dollars
From then till now or 65 years...US consumers have requested the commercial banking network within the USA to issue 52.5 Trillion Dollars of new credit which is all debt.
Basically attaching about 7.8% interest/year to the 355 BillionDollars caused it to inflate into the 52.9 Trillion Dollars that currently exists
Of course the Federal Government of the USA has issued 11.68 trillion Dollars of bonds called treasuries and "borrowed" 11.28 Trillion Dollars of the 52.5 Trillion Dollars that US Consumers have requested the commercial banking network within the USA to issue over the past 65 years.
When the FEDERAL Reserve Buys treasuries...this is just a temporary operation...All the treasuries are eventually sold into the bond markets.
I'm sorry folks but the vast majority of the debt was created by all of you...Existing within the global system...because the exact same credit system is in operation in every country on Earth.
The total money supply which is credit or debt is roughly 2.5 times the GDP of a country.
Credit or what is used as money comes into existence by all of you requesting it to be issued by commercial banks.
Like you have a job...and work for a week...and demand to be paid...becuase you have things to buy and bills to pay.
The money has to come from somewhere.
If the money you all demand every second of existence to pay for every second of existence does not exist...It has to be manufactured or you will all rapidly cease to exist.
There is demand for money...and supply.
You all demand money...The commercial banking system satisfies those demands.
The commercial banking system as you see it today is around 600 years old...It's an innovation.
It was a solution to a problem...The problem of how to satisfy the demand for money...food...POWER by the population when the supply of money ran out.
A SOLUTION THE "OWNERS" OF THE MONEY SUPPLY DREAMED UP AND IMPLEMENTED CENTURIES AGO.
Posted by Cheryl-Lynné at 12:24 PM
Monday, July 06, 2009
The USA along with the rest of the world has been in decline for decades...It's just becoming harder and harder for the just think positive ignore the negative equation at the core of the drone reasoning algorithm to continue ignoring this fact in favor of the fiction.
This is just a bounce as far as I can tell. You know from the greatest global economic intervention in history...The only way to sustain inflation greater than previous inflation by the required amount is to go back to the conditions that existed before this bubble within the 38 year old US house price bubble reached maximum potential inflation greater than previous inflation and popped.
You know...back to the acceleration of the decades of hyperinflation that existed before the popping.
Otherwise all that will have been done is an engineering of a peak that will show positive growth in 2010 compared to 2009 but will just be a lower high of the monumental waterfall decline that is following the collapse of the 1944 Bretton Woods global trade system.
Hyperinflation can still happen...But what I have said all along would happen...happened...
And still is...So far there is no evidence that the US Government is causing a hyperinflation...Alluding to...yes...to sustain the inflationary expections of the drone collective.
Just like in 2002 when Ben came out and told the first lie you all fell for about the secret weapon the FED had that could destroy GOD.
In those 7 years the FED did nothing except claim to do something...and you all believed that the FED did something. That's the purpose of all the social engineering/lies you all are being blasted by 24/7.
Unfortunately regardless what happens the logical conclusion will be the collapse of the the USA and post WW2 global trade system.
There is no such thing as a fixed exchange rate system that has interest attached...
Interest is a growth rate...attaching it to credit causes it to grow exponentially...
The only way to fix exchange rates is to make the growth rate equal zero...It's impossible in a dynamic system such as the Universe to accomplish. Any attempt to transform variables into constants or the dynamic into the static will always fail.
The only thing the Bretton Woods Global Trade system did was make the US Dollar the global trade medium of exchange taking over from the British Pound stirling and by default making the US consumer/military the Demand of the world taking over from the British consumer/military.
Thats it's and it didn't die in 1971...The 1944 Bretton Woods global trade system is still in operation...But has reached maximum potential and is imploding like the system it replaced...The Crown/city of London system.
In order to sustain another iteration you need to find a new demand of the world...A larger demand...and of course a larger supply...
There is no larger demand or supply...
The same thing happened last time around...As GDP collapsed it caused the total debt to GDP ratio to spike up rapidly.
After the 1933 to 1945 Bankruptcy reorganization of the world following the 1929-1933 collapse...The ratio hit 110%...right back to where it was around 1918 at the start of the post WW1 looting of Germany carry trade.
I have some bad news for you all...Many of you are not going to be alive when we reach the debt to gdp ration again...this bubble...could easily be called the roaring 6 decades...The last one that inflated and popped only grew for 10 years.
We are at the tip top of a massive mountain beyond your abilities to comprehend...
it took from around 1918 to 1929 to go from 115% Debt to GDP to 264% then...from 1929 to 1945 the ratio went to 110%
So unless some serious hyperdeflation sets in...It will take roughly around 90 years to collapse back down to 110% or so from 380% or higher.
It's going to collapse for decades...Unless of course there is a loss of control and a hyperdeflation takes place.
A slow sickening soul annihilating death...That's what you all have to look forward to...You all just don't know it yet.
Ok look the markets are up...quick quick you morons...pour some more in...lol
Fraud...What fraud?...This is just the result of attaching interest to the medium of exchange.
The following of the path of least resistance...
Five years ago? Civilization as you all know it has been hyperinflating the past 65 years...It's just the scale...Now if the growth of the past 65 years would have happened in four...like Germany 1919 to 1923...you clowns would have noticed.
We will rise up Hyper!
Yes The top know...When that's all that's left...When that is the only thing left that the top can give the bottom...They will.
It's how the top maintains their position...by giving the bottom what they want.
Tear it all down...for free...A free demolition crew...lol
At the end when the dust settles...The bottom want to start all over again...the top then hires the survivors to construct the next march to doom with glee.
The new world order rises out of the ashes of the new world order...It's a cycle.
You all don't know any better...And it's fun while it lasts...It's only at the end of the game when all the players that thought they were winning begin crying when they become aware that they were losers the instant they began playing.
The instant that they were born.
It's been going on for 1000's of years now.
You all only live long enough to catch a fraction of a glimpse of a cycle that is decades and ultimately centuries long.
You all have much more important and fun things to do than attempt to figure it out.
The top receive special educations...They are taught how to rule...You all unfortunately are taught how to be ruled.
Posted by Cheryl-Lynné at 7:48 PM
Sunday, June 07, 2009
Consumers request commercial banks to manufacture money...or print fiat.
The system is caving in because consumers have reached their maximum potential after 64 yeears to request commercial banks to print more and more money...and now are forced to request less and less money to be printed.
The only way to make up the difference is for the consumers to pick up where they left off...which they can't so...kiss it all good bye...
Everyone is basically oblivious that they are doomed...because if they did know...they would all try to bail out and hunker down until the good times return...instead of this long drawn out death.
The Ben Bernanke magic printing press story...was just to keep little children from having nighmares...
Don't worry...GOD is not going to harm you all...We have a weapon that can slay GOD...
You all bought that lie back in 2002.
The system...hasn't even begun to go down yet...sure it's slowed down by it's greatest amount since 1929...but it's still inflating greater than previous inflation.
When it actually begins to inflate less than previous inflation to maximum potential visibily...You will see a mind blowing science fiction type scenario play out that will cause most of you to suffer irrepairable mental trauma.
You all will wake up from the daydream you are currently enjoying into a nightmare...that will just go on and on and on...
China...poof...India? poof...Europe? poof...Japan? poof...Dubai...poof.
Every country on Earth...poof poof poofity poof.
This credit bubble is 64 years old...It's going to rewind back far further than 2001...The real estate bubble in the USA is 37 years old...all that has popped up to this point is the bubble within that bubble...the actual real estate bubble is still intact.
Up to this point nothing significant has happened...
A bank can lend out whatever is not needed to supply demand.
Like banknotes and coinage...There is not a bank on Earth that has a supply of banknotes and coinage equal to deposits.
Imagine that the bank is a grain bank and all the farmers save excess grain.
When crops fail the farmers can borrow grain to survive to grow new crops and then replace what they have borrowed plus service cost with the new crops once they grow them.
It works great for lets say 15 years until a drought hits and wipes out most of the farmers crops...Then all the farmers run to the bank to withdraw all their grain only to find out that all their savings have been turned into poop and more mouths to feed the past 15 years and there is only about 10% of the grain that is supposed to exist.
To save something is to not use it...Putting money into a bank that then lends it out and turns it into spendings is not saving money from being spent.
You all think it is though.
Human Beings have a choice...Take more power than they give/Absolute capitalism or share power as equally as possible/Responsible capitalism.
Banks take more power than they give.
Banks are not really banks.
All they do is turn savings of money into spendings of money and ultimately once all the savings of money turned into spendings of money cycle through the bank a few times all the savings are converted into spendings and there is nothing but spendings left and no savings.
Stage 1 of a compounding interest commercial banks is the inflation of debt (spendings) and the destruction of savings.
So called Banks have operated like this for centuries.
Look around at the world...That is what sustains civilization as you and everyone for the past 3 centuries have known it.
The savings converted into spendings cycle has a maximum potential.
Lets say that the USA was on a scarce metal standard...
First off all the technology employed currently to extract silver would not exist but lets say it does and there is no industrial consumption.
The USA currently produces 180,000 ounces of silver a day.
The 1792 coinage act states.
"Dollars or Units—each to be of the value of a Spanish milled dollar as the same is now current, and to contain three hundred and seventy-one grains and four sixteenths parts of a grain of pure, or four hundred and sixteen grains of standard silver."
So then all the raw silver has to be sold to the U.S. Treasury/mint to be processed into coinage at a discount since refining and then construction into coins costs.
You would need a network throughout the USA of satellite U.S. Treasury/mint operations as near as possible to the silver producing regions.
Distribution of the silver coinage could be done by the Government through infrastructure projects or lent out into the economy at various Government treasury branches in cities and there could be a combination of both.
But ultimately the maximum amount of money that could be supplied to demand is...
480 grains in a Troy ounce X 180,000 ounces = 864,00,000/371 grains per Dollar = 232,884 dollars a day maximum input into the economy. Includes Half dollars, Quarters (Quarter dollars), Dimes (Dismes), and nickles (Half Dismes)
You need to mine copper to supply the demand for penny weights of copper to construct pennies or Cents "each to be of the value of one hundredth part of a dollar, and to contain eleven penny-weights of copper"
But we will forget about cents and just round all prices.
A bank can lend whatever is not needed to supply demand.
A Treasury can lend/spend whatever is not greater than supply
According to the The 1792 coinage act with no industrial consumption of silver the maximum potential supply of demand for money is 232,884 dollars a day.
In an economic system...When one person anywhere in the system increases their demand it spreads throughout the system and of course every human being born that does not have a Human Being death to balance the equation will increase demand.
Also if there is a Trade deficit with another economic zone the money supply of the zone in defict will shrink while the money supply of the zone in surplus will expand.
The 232,884 dollars a day maximum input into the economy demand was surpassed in the late 1800's
Silver production at the time was not 180,000 ounces a day in the late 1800's and most of the population lived on farms.
No phones, no lights, no motor cars, not a single luxury.
Like Robinson Crusoe, It's primitive as can be.
Then factor in that the rest of the world does not have to follow the USA and can easily use their compounding interest commercial banking system to conquest the USA to obtain the resources required to sustain the rest of the world system.
You are all just ignorant peasants that have no clue.
Really...and most of the information you have utilized to educate/self delude yourselves was produced by ignorant peasants that have no clue.
"The subjects of every state (Bottom) ought to contribute towards the support of the government (Top), as nearly as possible in proportion to the revenue which they respectively enjoy under the protection of the state."--Adam Smith, Wealth of Nations 1776
Governments of the absolute capitalistic hierarchial food powered make work enterprise (City or civilization state) are administration systems of the enterprise constructed and sustained by the bottom or employees at the demand of the top or owners of the absolute capitalistic hierarchial food powered make work enterprise
"The understandings of the greater part of men are necessarily formed by their ordinary employments. The man whose life is spent in performing a few simple operations. . . has no occasion to exert his understanding. . . Of the great and extensive interests of his country he is altogether incapable of judging. . . . The uniformity of his stationary life naturally corrupts the courage of his mind."--Adam Smith, Wealth of Nations 1776
Absolute capitalism = taking more than is given.
This of course continues to maximum potential...It becomes impossible to take more than is given...
Then inflation greater than previous inflation to maximum potential becomes inflation less than previous inflation to maximum potential.
Capitalism is a wave.
Inflation greater than previous inflation to maximum potential is followed by inflation less than previous inflation to maximum potential
Inflation less than previous inflation to maximum potential is followed by inflation greater than previous inflation to maximum potential.
Absolute capitalism = taking more than is given.
or chopping down trees faster than they regrow...
Taking more than you give = attaching interest to money.
All inevitablely doomed to reach maximum potential and become unsustainable.
The 6000 or so year old absolute capitalist hierarchial food powered make work enterprise...the city state or what you all generally call civilization...unfortunately requires constant growth.
Because it's absolute capitalistic...LIKE YOU ALL ARE.
Fractional reserve banking is not a cause of absolute capitalism...it's an effect.
The cause of absolute capitalism is a choice by all of you.
As long as you all choose to operate as mindless bacteria* (animals have no choice...They are all ignorant and follow the path of least resistance by default...You all have to choose to be the disgrace you currently are...and you did) consuming more than you give until there is nothing left to consume...You all get to enjoy the consequences...
Massive die off.
*(Animals have no choice...They are all ignorant and follow the path of least resistance by default...You all have to choose to be the disgrace you currently are...and you did)
You babbling fools will contine to spend your lives searching for a superior moral justification for selfishness...
There is none...take more than you give/chop trees down faster than they regrow aka usury...until there is nothing left to take/you run out of trees...
Gameoverville...period and of story.
Just like all the babbling fools that existed before you all...over the past 6000+ years.
Really there were morons just like you that existed while you were newborns...All you did was grow up into their replacements...
All the newborns you see now?
Just the next crop of future oblivious head scratching morons that will be using the Internet or its replacement as a magic 8 ball...
Rome is built on top of Rome...Just needed to wait for the trees to grow back...Duh.
What happened to Rome? Look around...It basically covers the surface of the Earth now...
No new world to discover and pillage across the Atlantic to power the next iteration unfortunately.
6 billion reduced to 1 = 6 times more resources.
Just prune you all back...simple.
One way or the other...thats what happens when the maximum potential of inflation greater than previous inflation is reached.
Been like this for the entire 6000 or so year recorded history of the absolute capitalist hierarchial food powered make work enterprise...the city state...civilization...you know the thing you all popped into existence within...The thing you are in right now.
tick tick tick...every day...day in an day out...closer and closer to death.
Thanks for showing up to planet Earth...
Only physically and/or mentally lazy people call work hard or mention sacrifice.
To them doing what is right is Hard work and sacrifice and doing what is wrong is easy and carefree.
"When plunder (Absolute capitalism/Taking more power than you give) becomes a way of life for a group of men living together in society, they create for themselves in the course of time a legal system that authorizes it and a moral code that glorifies it." (An Ecosystem where yield locusts thrive and multiply--Frederic Bastiat, The Law
I'm not an ignorant peasant...I have a clue.
But due to where I popped into existence within the hierarchy and who I interact with I'm guilty by association.
Warren Buffet? A peasant as well just higher in the hierarchy of peasants.
It's based on worth...Warren Buffet is an asset worth more than lesser assets or those lower in the hierarchy.
At the bottom of the bottom of the Global Hierarchy the human beings that pop into existence there are born as unfundable liabilities and basically self liquidate far quicker than those above but Human beings born as unfundable liabilities can easily reproduce quicker than they self liquidate.
Since power, not money, is the medium of exchange.
A massive cut to the supply of power is required to cause the Inflation greater than previous inflation of Humanity to transform into the inflation less than previous inflation or deflation of Humanity.
Human Beings have a limited ability to manipulate the Universe or as you call it..."fudge the numbers"
This 314 year old global absolute capitalist Hierarchial food powered make work enterprise that you don't know exists and popped into existence within and are currently in...Is one Huge ENRON.
The numbers have been fudged for centuries to balance the books.
Unfortunately...The accounting tricks have all been used up and like ENRON the Global absolute capitalist system is going to soon implode into oblivion.
Human Beings have a limited ability to manipulate the Universe or as you call it..."fudge the numbers"
Or attempt to turn variables into constant.
I can claim that enough rice to feed a million people was grown...But when the people begin starving and turning into skeletons they will wonder where all the rice went.
If they can not eat Rice...They will have to settle for Fudge.
Posted by Cheryl-Lynné at 8:00 PM
Friday, April 24, 2009
[Repost in light of current events]
The plan is for a 90% liquidation of unfundable liabilities...Or about 5 Billion former assets to be wiped off the face of the ledger...
I'm talking about real economics...Not the wishful thinking that is marketed as economics...
Top lives off the yield from the bottom...Top buys and sells and all below speculate...when you are buying the top is selling and when you are selling the top is buying...
And when the bottom is sucked dry...Game over...
Truth is not a theory...
This forum will not exist because the servers will shut down...No one will be able to afford to sustain this luxury...
I'm telling you so now...I'm not going to be around to tell you so after...You will know so...It will be blindingly crystal clear...
Deadly new flu strain erupts in Mexico, U.S.
Fri Apr 24, 2009 7:50pm EDT
By Alistair Bell and Noel Randewich
MEXICO CITY (Reuters) - A strain of flu never seen before has killed up to 60 people in Mexico and also appeared in the United States, where eight people were infected but recovered, health officials said on Friday.
Mexico's government said at least 20 people have died of the flu and it may also be responsible for 40 other deaths.
It shut down schools and canceled major public events in Mexico City to try to prevent more deaths in the sprawling, overcrowded capital. Authorities said they had enough antiviral medicine to treat about 1,000 suspected cases reported so far.
The World Health Organization said tests showed the virus from 12 of the Mexican patients was the same genetically as a new strain of swine flu, designated H1N1, seen in eight people in California and Texas.
"Our concern has grown as of yesterday," Dr. Richard Besser, acting director of the U.S. Centers for Disease Control and Prevention told reporters in a telephone briefing.
Global health officials were not ready to declare a pandemic -- a global epidemic of a new and deadly disease such as flu. "So far there has not been any change in the pandemic threat level," Besser said.
But the human-to-human spread of the new virus raised fears of a major outbreak. Mexico's government suspended classes for millions of children in Mexico City, where scared residents rushed out to buy face masks and kept their kids at home.
"We're frightened because they say it's not exactly flu, it's another kind of virus and we're not vaccinated," said Angeles Rivera, 34, a government worker who fetched her son from a public kindergarten that was closing.
Close analysis showed the disease is a mixture of swine, human and avian viruses, according to the CDC.
Humans can occasionally catch swine flu from pigs but rarely have they been known to pass it on to other people.
Mexico reported 1,004 suspected cases of the new virus, including four possible cases in Mexicali on the border with California.
Most of the dead were aged between 25 and 45, a health official said. It was a worrying sign as seasonal flu can be more deadly among the very young and the very old but a hallmark of pandemics is that they affect healthy young adults.
Health Minister Jose Angel Cordova said Mexico has enough antiviral drugs to combat the outbreak for the moment. "In the last 20 hours, fewer serious cases of this disease and fewer deaths have been reported," he told reporters.
The WHO said the virus appears to be susceptible to Roche AG's flu drug Tamiflu, also known as oseltamivir, but not to older flu drugs such as amantadine.
Canada has not reported any cases of the flu and is not issuing a travel warning for Mexico, but the country's chief public health officer David Butler-Jones said the outbreak was "very concerning" and Canada was paying close attention.
The CDC's Besser said it was probably too late to contain the outbreak. "There are things that we see that suggest that containment is not very likely," he said. Once it has spread beyond a limited geographical area it would be difficult to control.
But there is no reason to avoid Mexico, CDC and the WHO said. "CDC is not recommending any additional recommendations for travelers to California, Texas and Mexico," Besser said.
Worldwide, seasonal flu kills between 250,000 and 500,000 people in an average year, but the flu season for North America should have been winding down.
The U.S. government said it was closely following the new cases. "The White House is taking the situation seriously and monitoring for any new developments. The president has been fully briefed," an administration official said.
In California, where six people have been infected with the flu, Governor Arnold Schwarzenegger said authorities were monitoring patients with flu-like symptoms and communicating with Mexican health officials.
Mexico's government cautioned people not to shake hands or kiss when greeting or to share food, glasses or cutlery. Flu virus can be spread on the hands, and handwashing is one of the most important ways to prevent its spread.
The outbreak jolted residents of the Mexican capital, one of the world's biggest cities with around 20 million residents. One pharmacy ran out of surgical face masks after selling 300 in a day.
The virus is an influenza A virus, carrying the designation H1N1. It contains DNA from avian, swine and human viruses, including elements from European and Asian swine viruses, said the CDC, which is already working on a vaccine.
Scientists were trying to understand why there are so many deaths in Mexico when the infections in the United States seem mild, Besser said.
The CDC said it will issue daily updates here
Surveillance for and scrutiny of influenza has been stepped up since 2003, when H5N1 bird flu reappeared in Asia. Experts fear that or another strain could cause a pandemic that could kill millions.
The last flu pandemic was in 1968 when "Hong Kong" flu killed about a million people globally.
The Government does not run the printing press. Consumer requests do. And when the consumers are full and the buttons on their clothes are popping off...checkmate...game over...
The compounding interest commercial banking monetary system is 600 years old...There is very little lending...
Money is manufactured.
Stop that and kiss technological civilization good bye.
Rich people take more than they give.
Poor people give more than they take.
Eventually the power supply is sucked dry.
Just like a horse ridden to exhaustion...The rider can dismount and whip it to death...It's not going to budge.
It's inevitable...whether a mob of peasants stops the system from inflating or the system inflates to maximum potential and is stopped by GOD
The implosion is inevitable.
And the postponement of the inevitable has almost reached the end. Just watch the growth of the total money supply. Currently US consumers are requesting commercial banks to manufacture 11 Billion dollars a day or 1 Trillion dollars of new money every 90 days.
To simplify I'm leaving out collateral complications...The home builder has a long standing relationship with the bank and they trust the home builder and that is the collateral and the Home buyer has a good high paying job and that is his collateral.
Lets say a home builder builds a house...They go to a commercial bank and request lets say $100,000 at short term wholesale rates to be manufactured to construct a house then mark it up to $200,000 and put a for sale sign on it.
A home buyer sees it, falls in love and runs to a commercial bank and requests $200,000 to be manufactured at long term retail rates.
And buys it.
Now lets say after the whole operation is balanced...The Home builder comes out with a yield of $30,000 free and clear profit to buy hookers, blow in Las Vagas or donate to the Bill and Melinda Gates foundation.
The Bank gets a Mortgage asset worth $200,000 plus $5,000 of interest from the short term money creation requested by the Home builder that the home builder paid off when the Home buyer bought the house.
The home buyer gets a dream home and owes $200,000 that they will spend around 30 years working to pay off.
And the total money supply has now expanded by $200,000
That is the basics.
All the workers that built the house get paid as well...Lawyers, home inspectors...etc...all the people involved.
It's where the paychecks basically come from.
Almost everyone on Earth is a debt slave...There are 6 Billion in the hierarchy.
Top lives off the yield from the bottom...
Zero is nothing....adding more zeroes onto the ends of numbers is adding nothing. Whether a paper clip is 1 cent or 1 Trillion dollars it's still a paper clip.
A well rested horse is not an exhausted horse. And an exhausted horse is zero.
Top lives off the yield from the bottom. When the yield from the bottom to the top becomes zero...The top goes nowhere. The top needs to find a well rested horse to ride...You can add as many exhausted horses to the equation as you want...You are not going anywhere.
The money supply I'm looking at currently has to inflate by 11 Billion dollars a day...1 Trillion dollars every 90 days...
The next acceleration is 5 Trillion in 6 months. Then 3 months then 45 days then 23 days then 12 days then 6 days then 3 days then 36 hours then 18 hours then 9 hours then 4 hours then 2 hours then 1 hour then 30 minutes then 15 minutes then 8 minutes then 4 minutes then 2 minutes then 1 minute then 30 seconds then 15 seconds then 8 seconds then 4 seconds then 2 seconds then 1 second...to infinity and beyond.
How about a Quadrillion dollars (1000 Trillion) in a Nanosecond? (1 Billionth of a second)
I'm sure you can create that amount of money on a whim. And then double that in less than a blink of an eye.
A horse can be ridden to exhaustion...The rider can dismount and whip it to death if they choose...The horse won't budge once it's reached maximum potential...
The only variable you account for is yourself. There is no solution to free will...You choose to be ignorant...And that's it...Nothing can be done about that.
All that the system you are in can do is inflate to maximum potential then implode...poof
That's all it does.
Actually none of you realize what you are in...An absolute capitalist Hierarchial food powered make work enterprise...
GDP break down...
Agriculture: 1% The producers of the power...
The consumers of the power.
Sorry but none of you eat Gold and Silver or copper or crude oil, etc. to sustain the continued existence of your bodies...
Total labor force out of the population of 300 Million...150 million.
farming/food production 0.5% or 7.5 million people...
The total debt/money supply...What everyone owes right now is about 49 Trillion dollars...
The total Labor force is 150 million...Those not working can not sustain the existence of the USA...That works out to $326,666 a worker...at 5% which is basically what the average Yield is...
$2,450,000,000,000 just to sustain the existence of the money supply...To pay the rent on the 49 Trillion money supply you are all renting...And that does not include anything else...food, shelter, clothing...etc.
That is just how much the money supply of $49 Trillion you are renting from the top has to increase by per year, 2.5 Trillion, so that you can continue paying the rent to sustain its existence...
Or $16,300 per worker/year
Currently consumer/worker drones are requesting the commercial banks to manufacture 1 Trillion every 90 days or 11 Billion dollars a day or $4 Trillion a year compounding to...
Sustain the delusion of freedom you all are living in...And have been since you popped into existence within it...Failure to sustain the required inflation will cause the delusion to stop inflating and it will shatter and all the consumer/worker drones are forced to wake up from the daydream into a nightmare beyond your abilities to comprehend...
There are billions of people below you in the global hierarchy holding you up...
A horse can be ridden to exhaustion...The rider can dismount and whip it to death if they choose...The horse won't budge once it's reached maximum potential...
Looks like the USA whipping operation in Iraq still is not working...It appears that the Iraqis have had enough of you and won't budge.
It's all going to come crashing down...poof.
Rich people get all the power they have from the bottom...and when the bottom is exhausted...There is nothing they can do...They have no power other than what you all give them.
And you think when you can no longer pay the top what you owe them that they are going to print up what you owe them...hand it to you and then you hand it back to them to pay them what you owe them...
Sorry...When the bottom is exhausted...It's game over.
No magic printing press or anything else is going to work....The only thing that works is liquidation.
But you all don't like that.
Oh well...The Universe is not interested in what you all like or don't like. The Universe does not care about your opinion.
And don't cry to me...I just popped into existence in the Universe...Nothing I can do about it...
There is no solution to the have your cake and eat it too problem.
If you collectively tighten your belts the system implodes...sorry you blew it...
Debt is money and money is debt in a compounding interest commercial banking monetary system...You all stop requesting the commercial banks to manufacture money and the system implodes...Whether by choice or consumers reach maximum potential and are forced to stop.
And the top knows about the implosion you think is impossible...
Not a mystery at all...
Consumers use their income which is mostly previously manufactured money or an asset/equity that has been inflated in price by previously manufactured money as collateral for their request of a compounding interest commercial bank to manufacture new money.
"The process by which banks create money is so simple that the mind is repelled."--John Kenneth Galbraith
And when consumers have requested all they can request...game over.
The red line on the below chart is wages and salaries growth it's flat...But the total debt line is shooting up like a rocket to infinity and beyond and the trade deficit is shooting down like a rocket to infinity and beyond...
The below charts...that's what economic doomsday looks like prior to realization...It won't be long now.
The compounding interest commercial banking monetary system is 600 years old...The current global system based in the City of London is 314 years old.
It's almost inflated to maximum potential...and it's about to implode to oblivion.
The USA has been in this system its entire existence. In 1944 Bretton Woods the USA was set up as the demand of the global system...The inflationary engine...
It's GLOBAL - everyone on Earth needs US dollars to buy oil...80 million barrels a day globally...Just the oil requirements cause a 5.6 Billion dollar a day demand for US dollars globally.
All GLOBAL trade is in US dollars.
When the US consumer reaches exhaustion the USA along with the rest of the world will implode since they are dependant upon US consumers...US consumers are the source of US Dollars...China is not selling all that stuff produced with child slave labor to the FED.
You do know there are 100's of 1000's of Children working in Communist controlled factory hives in China 14 hours a day 6 days a week for $200 a month producing happy meal and Christmas toys for western consumers...been going on for years...Decades.
It's a Nightmare...All to support the Delusional lifestyles of the wannabe rich and famous...
To keep the Internet functional so you all can tell me how stupid or wrong I am...
Well good news...It's almost reached game over...
The biggest lie that ever came out of the FED...Don't worry children the deflationary dragon is never going to get you because we have a magic weapon that can slay the dragon forever...It also happens to be the most accepted of all the lies that ever came out of the FED...
And since 2002 when it was told...I have had to put up with zealots...Really it's a religion now...
From the point The Germans were told by the City of London to print money to buy GOLD in 1920 until maximum potential gong show was reached was 4 years...and the actual Hyperinflation lasted 14 months...from early 1923 to late 1924...The whole situation comedy imploded into food riots and the German army was machine gunning people in the streets.
It fueled the roaring 20's in the USA...It took until 1927 for the German implosion to spread out into the system and hit the USA with the climax the 1929-1933 crash followed by the 1933-1945 bankruptcy reorganization of the now 314 year old global system...The whole global system collapsed...England was dumping grain at sea while the population starved trying to cut supply so that demand could bid up prices and get inflation started again.
And that was minor compared to the insanity we are headed into.
The FED is not going to print anything it does not print money...or electronically inflate...It's consumer requests...and when consumers are maxed out...thats it...The FED is not going to buy all your food to feed you or pay all your bills.
It's liquidation time.
In Germany a different situation played out. Basically the winning powers had Germany on the run retreating back into Germany in 1919...At the start France crossed Germany's border first, were repulsed and then Germany invaded France...That was a big mistake...
"ARTICLE 235 The Versailles Treaty June 28, 1919
In order to enable the Allied and Associated Powers to proceed at once to the restoration of their industrial and economic life, pending the full determination of their claims, Germany shall pay in such installments and in such manner (whether in gold, commodities, ships, securities or otherwise) as the Reparation Commission may fix, during 1919, 1920 and the first four months Of 1921 , the equivalent of 20,000,000,000 gold marks."
2790 Gold marks equalled 2.2 Lb of pure gold.
15,770,609 Lb of Gold or 7885 short tons of gold or 229,935,483 oz of Gold...
Quite a bit of GOLD...Especially when the total above ground stock around that time was 50,000 tons with around 25,000 tons monetary Gold world wide...
And Germany certainly did not have 7885 short tons of gold in 1919 1920 or 1921...
What to do then? The British (Bank of England) basically told Germany to print marks to buy GOLD...From? The winning powers...
The Looting of Germany carry trade...Germany printed marks and then bought Gold then the amount of GOLD they owed dropped and the winning Powers still had GOLD and loads of marks...what to do with all those marks? Send them home to roost buying raw materials and finished goods...
The marks flooded into the German commercial banking system allowing it to inflate the debt supply in Germany...The more GOLD Germany bought the more marks they had to print...Which caused the purchasing power to drop...It was quickly losing its value...
But outside of Germany all the currencies were quickly gaining value...Basically German exports were getting constantly cheaper and cheaper...A free give away of German raw materials and finished products basically...
This fueled the Roaring 20's until the mark was losing value so fast that it basically caused prices inside Germay to hyperinflate until it was impossible to account...The looting of Germany carry trade collpased in 1924 after about 14 months of Hyperinflation of prices or a hyperdeflation of the value of the mark ...
Winston Churchill was Chancellor of the Exchequer (Treasury) of the United Kingdom from November 6, 1924 - June 4, 1929...
The collapse of the carry trade caused a hyperdeflationary implosion of the banking/monetary system in Germany and the shockwave spred out into the Global system and reached the USA by late 1926 and visibly manifested with the market crash October 21 1929...Since real estate began caving in first and the sell off there flowed into the Stockmarkets in search of yield inflating them from 1927 to 1929 in a massve mania...
The Great depression inside of the USA was caused by a collapse in debt inflation in the USA due to the implosion of the roaring 20's post World War 1 looting of Germany bubble..
It bankrupted the crown system which began to rapidly implode...It was stopped in 1933...1933-1945 was the bankruptcy reorganization of the now 314 year old crown system...
The top is not going to avoid the implosion...They have known about it all along...It's the logical conclusion of the taking more power than you give equation...
The top capitalizes on the bottom's ignorance to sustain their position. Really...You all are basically fighting to stay asleep...Because when you wake up you find that you are incompatible with all those around you...You can see all the games that people play, all the lies self destruct and the delusions shatter.
I do realize you are deeply integrated in your surroundings.
The top has engineered the system for decades and if you look at the Global system that is 314 years old...centuries...to postpone the inevitable...
The USA is just a component in a global system that began operating before the USA even existed.
Currently the most significant component since 1944...The demand or inflationary engine of the 314 year old global system...and when US consumers reach maximum potential...That's it...there is not going to be a brief flicker of the lights and the back up global system kicks in...
There is no back up system...
Consumers request 1 dollar and the printing press or electronic equivalent spits out a dollar.
Consumers request zero dollar and the printing press or electronic equivalent spits out zero dollar.
You all going to run to work camps to get your hands on any Federal Government created credit like in the 1930's?
To rebuild the US manufacturing sector/economy you would have to cut all trade and start from square one basically. And if you used the same system all it would do is inflate and implode again.
The USA imports 60 billion dollars a month of raw materials and finished goods and now with the Internet many services to sustain itself...
Any silver and gold coins spent into an economy dependant upon imports would circulate out and never come back. The gold in the Treasury has a book value of 11 billion dollars...that would be sucked out in days if used to pay for imports and if sold in the market would be 159 Billion or enough to pay for imports for 3 months tops.
When the horse is ridden to exhaustion...That's the end of the race to the glorious future...sorry. Somehow you seem to think that an exhausted horse can be motivated to gallop at full speed past the point it drops dead.
Hey I know pass a rule making it illegal for exhausted horses to stop galloping at full speed.
That should solve the problem.
The top is not going to let the system implode...They whip you all to gallop at full speed...Until you become exhausted...Then thats it...
All the power that the top has is supplied to them from the bottom.
You are all hired to keep the system going and when you won't or can't...That's it...
Maximum potential power is maximum potential power. Maximum potential is infinite and indestructible.
The total power the Universe has access to is always less than infinite and indestructible.
Or the Universe would have no structure.
Your awarenesses of the Universe are not inside the Universe.
They have no structure...It's why all that you dream up when put into practice within the Universe has consequences you never dreamed of.
Because you did not dream of them.
Peak oil is where you run out or you can not afford to buy it. There have been billions of people that have been at peak oil for decades. For the entire history of the oil industry there have been millions and now billions that can't get their hands on it.
Those who choose to take more power than they give become richer in power or powerful.
Those who choose to give more power than they take become poorer in power or powerless.
There are billions of drones in the global hierarchy supplying power to the bottom of the American sub hierarchy. And within the American sub Hierarchy there are 100's of millions of drones supplying power to the top of the top of it which is ultimately supplied to the top of the top of the Global hierarchy in Europe. The USA is just an asset ultimately.
And the top of the top of the Global hierarchy then takes their cut or Yield of power and distributes what's left back down to reward all the billions of worker drones...
At the bottom of the bottom of the Global hierarchy many drones are sucked dry and drop dead every day.
Ultimately since the Absolute capitalist hierarchy takes more power than it gives...
The dividing line gets sucked up the hierarchy and spreads to all the other sub hierarchies in the Global hierarchy and begins being sucked up the sub hierarchies...and at the maximum potential point the bottom of the structure collapses...and the whole monstrosity implodes...
All the ignorant drones enjoying the delusional lifestyles of the wannabe rich and famous...
HAVE NO CLUE WHAT IS GOING ON...oblivious...Quaking in Terror wondering when their glorious leaders are going to tell them whats going on and what to do next now that all their hopes and dreams for the future have been blown out like candles...
Been like this for 1000's and 1000's and 1000's of years.
But Hyper the Top needs us and has to save us...
Yes the top needs assets and saves assets...But once the bottom is used up...They are not assets anymore...They are liabilities and either self liquidate or are wiped off the face of the ledger...
Can't feed 6 Billion boot lickers anymore...well...liquidate them until you get to the point that you can.
The above is real economics...Not the wishful thinking fantasy economics you all are devoted to and promote.
The Just think positive ignore the negative economic school of thought you all have been floating around in dazed and confused your entire lives.
Just so you can comprehend better
In the below equations you have the terms Initial principle and Future value.
The Future value is the initial principle and the initial principle is the Future value
If you have 1 bottle of wine initial principle and you never drink it and keep it in the wine cellar for 5 Years then the Future value is ultimately 1 bottle of wine.
But if you lend 1 bottle of wine out under the condition that you get 2 back in return in a year or 100% interest...Then many accounting irregularities begin to arise.
If you are not responsible for obtaining the future value then you are irresponsible and someone else is responsible but then what If they choose to refuse or can't no matter what obtain the future value...Then what?
Are they responsible for your irresponsibility?
That is the key accounting irregularity within the compounding interest equation.
It's not really an equation...It's actually a very simple algorithm or program at the core of the power accounting algorithms within the Absolute capitalist hierarchial food powered make work enterprise. The 6000 + years old city state or civilizational system.
And a key fixture of the 600 year old compounding interest commercial banking monetary system operating within the absolute capitalist hierarchial food powered make work enterprise.
There is no flexibility at all...
You either supply the required inputs to the equation or you don't...It can not predict future value by itself. And once you fail to supply the required input...The output or future value changes.
Once the future value begins decreasing it takes more power input to reverse the deflation of future value.
There comes a point where the equation requires infinite power to stop the future value from decreasing.
The logical conclusion of the compounding interest equation is the total annihilation of all opposition to the total annihilation of all oposition to the logical conclusion of the compounding interest equation.
Because it's not really an equation its an algorithm.
The compounding interest algorithm = EVIL
Unless of course you enjoy inflating to maximum potential and then deflating to maximum potential over and over again forever...Then the compounding interest algorithm = GOOD.
Simplicity adds up to the multiplication of complexity which is then divided unequally to obtain the required yield of power the absolute capitalists want to manipulate the Universe how they desire.
The worshippers of the compounding interest algorithm will bear its burdens without complaint and perhaps without even suspecting that the equation is inimical to their interests while those who follow the worshippers will complain about the effects but will be ignorant of the cause.
The TOP of the TOP of the Hierarchy know that the absolute capitalist system can not be sustained and that the implosion of it is inevitable...
Those below them are the worshippers and below them are the followers.
There is a maximum potential to inflation is my point.
Reguardless of what all you all think, believe, or have faith in to the contrary.
The top or those with the ability to inflate the money supply need a reason to.
Saving your asses or causing the price of Gold or other commodities to inflate to infinity and beyond are not reasons the top will use as excuses to inflate the money supply beyond what the bottom can accomplish.
And ultimately there is no way to smash through maximum potential so it's doomed to implosion reguardless.
Inflation in human affairs can be traced ultimately to reproduction.
You are looking for salvation where there never was any, is not now, and never will be.
Money is debt and debt is money.
Someone owes you or you owe someone in the absolute capitalist hierarchial food powered make work enterprise...
It was designed by the owners of it and ultimately all below owe the top everything and the top owes all below nothing.
The top does not owe you all any money...You owe all the money in existence to the top...You all rent. The top are the LANDLORDS.
And ultimately power is the medium of exchange.
The purpose of the Police and military is to protect the top from the bottom...
To protect cause from consequence...
The easiest prey of the hunter gatherer is the farmer and the simplest operation is the protection scheme...
You are either with them or against them...
All money is decreed money...fiat...
The top says this is money...Or else...period end of story....
You Farmer are on the Land owned by the LORD of the land and will pay tribute to the LORD of 1 Gold coin a year...
Where do I get this GOLD coin?
You can take one short ton of grain to the grainery of the LORD and there you will be given a GOLD coin for it and then you can give the gold coin to the servant of the LORD...
What if I refuse?
Then the LORD will drive you from the Land that the LORD is the LORD of...
There you go an abundant supply of free food to power your wildest hopes and dreams...Lies and delusions...
22 And The LORD said, Behold! The man has become as one of Us, to know good and evil. And now, lest he put forth his hand and also take from the Tree of Life, and eat, and live forever,
23 The LORD sent him out of the garden of Eden to till the ground out of which he was taken.
24 And He drove the man out. And He lodged the cherubs at the east of the Garden of Eden, and the flaming sword whirling around to guard the way of the Tree of Life.
Well what is done with all that Food the tillers of the LORD's land give the LORD as Tribute?
It powers the Absolute capitalist Hierarchial food powered make work enterprise...
The city state...Or Civilization...
Those who choose to take more power than they give become richer in power or powerful and those who choose to give more power than they take become poorer in power or powerless.
Allow me to take more power than I give from another and I care not who makes the rules
Since I will eventually suck all the power from the hands of the many into the hands of the few or one...
And then they who have the power will make the rules of the game you are all playing...
Money is a food substitute...Ultimately a tool that allows the exchange of power to be easier to accomplish and account for.
Ultimately the medium of exchange is power.
You need to amass the required amount of power to create money.
Once you have enough power you say this is money...or else.
The FED creates nothing it's just a regulator. A connection between the Federal Government and the rest of the Central banks in the 314 year old Global network based in the City of London. The biggest thing the FED did was introduction of a standard Bank note...prior to the 1900's there were easily a 1000 different banknotes in circulation in the USA
The commercial banks funded the creation of the FEDERAL RESERVE not the other way around....
And consumers funded the creation of the commercial banks.
People fund the creation of rich people and in the process the people funding the creation of rich people become poor people.
Those that choose to take more power than they give become richer in power or powerful.
Those who choose to give more power than they take become poorer in power or powerless.
The Creature from Jeklyll Island is a book directed at a target audience to obtain money...It explains very little. An most of it was ripped off from The first book called Secrets of the FEDERAL RESERVE The London Connection.
The FEDERAL RESERVE is just a branch in the Global central banking network.
G. Edward Griffin takes more power than he gives and becomes richer in power.
If he told truth he would lose power and his Creature from Jeklyll Island cult would implode to oblivion.
And he would have to figure out some other method/scheme to sustain the delusional lifestyle of the wannabe rich and famous he currently enjoys.
I know about the path of least resistance...Animals and lightening bolts follow it to the logical conclusion...Human beings have to choose to follow it...But since it's the path of least resistance it is the easiest choice...
Animals and Lightening bolts are ignorant by default...human beings have to choose to be ignorant...And invest effort into avoidance of effort. As long as you all don't mind inflating to maximum potential and then deflating to maximum potential then there is no problem or debate...
Just march to your doom with glee like bacteria and accept the fate you have all chosen and quit crying to me about it...Or attempting to explain to me what I'm well aware of.
You are the Government of you...if you become a threat to the continued existence of another Government then that Government will attempt to eliminate the threat to its continued existence and of course you desire to exist as long as possible so then you will attempt to eliminate the threat to your continued existence...
The ancient power trade imbalance/Power struggle.
Could just throw chains around all your necks again and start at square one.
You have to choose to be ignorant. Most of you are just emotional animals since your emotions are your masters...The top exploits this weakness to manipulate and ultimately gain control of you...
You can't gain control of yourself until you subdue your emotions and turn them into servants...
They are your emotions.
Just because something feels good does not mean that it is good and just because something feels bad does not mean that it is bad.
Every mistake I have ever made felt good when I choose to make it...
Like connecting to the Internet and posting on message boards.
Most people are just drones hooked up to the feeding tube.
Sure you vastly out number the top but you don't know where your masters are. You don't know how to function any way other than how you currently are which is the way your masters want you to.
The way you have been programmed.
You all are working for your masters right now and doing exactly as they want you to.
The bottom does all the work...The top just lives off the yield.
George Bush? Not the top just a drone like all of you.
The key problem is you all have no clue how to break free and as I pointed out above you don't know when it's time to either.
This is Universal...It's been like this as long as people have existed...
The entire 6000 years of recorded history...This is nothing new and you all have never ever escaped the rich getting richer poor getting poorer cycle.
You all just cry about it, then you die...
Posted by Cheryl-Lynné at 7:36 PM
Monday, April 20, 2009
The rich are playing a different game than the poor...It's designed so that the top wins by default...
"Free Trade Destroys Indian Cloth Manufacturing"
Carey describes how in 1813, British ``free trade'' removed tariffs on cloth imported into India, ``but with the restriction on the export of machinery and artisans maintained in full force.'' Within twenty years, Indian cloth manufacturing was completely wiped out. ...
The British East India Company's Opium Monopoly
... The opium juice was processed into a form suitable for smoking, and formed into three pound cakes, which were then wrapped in poppy pedals. Forty of these cakes were loaded into chests, each stamped with the symbol of the East India Company.
In a completely transparent fraud of ``free trade,'' the Company then auctioned off these chests to ``country traders,'' (whom it pretended were independent), at roughly four times the cost of production. These traders were licensed by the Company, and in some cases financed by it. The Company would even give the ``country traders'' opium on consignment, and collect payment in Canton (Guangzhou) after the opium had been sold. ...
What the British Will Never Forget
... The first major shipment of opium, was arranged in 1781, by the Company's Governor-General, Warren Hastings, who described opium as a ``pernicious'' commodity, ``which the wisdom of the Government should carefully restrain from internal consumption.'' ...
... By 1804, the revenues from opium sales to China, were sufficient to cover the cost of tea, imported from China. Between 1804 and 1806, $7 million were transferred out of China. ...
... The opium trade increased from 4,244 chests in the 1820-21 season to 18,956 by 1830-31. By 1831, the opium trade into China was two-and-a-half times greater than the tea trade. It was probably the largest trade in a single commodity anywhere in the world. ...
William Jardine: "Iron-Headed Old Rat"
The largest of the ``country traders'' was Jardine, Matheson & Co. William Jardine and James Matheson formed a partnership in 1828. Matheson was the first to see the potential of smuggling along the entire Chinese coast. Matheson blamed the Chinese dislike for ``free trade'' to their ``marvellous degree of imbecility and avarice, conceit and obstinacy.'' Jardine was nicknamed ``Iron-Headed Old Rat'' by the Chinese. ...
... Matheson used his opium fortune to become the second largest landholder in Great Britain, and was made a Baron by Queen Victoria. ...
... By the late 1830's, there was no doubt that opium was leading to the destruction of China. By 1836, opium shipments were more than 30,000 chests, enough to supply 12.5 million smokers. The Chinese imperial army lost a battle against local rebels because the army was addicted to opium. The financial drain on China was disrupting the entire economy. From 1829 to 1840, Chinese exports had brought in 7 million silver dollars, but imports, mainly opium had drained 56 million. ...
Creating a Pretext for War
Elliot sought to establish a pretext for war other than the defense of opium, arguing that the issue was the Chinese demand that British merchants be subject to ``barbaric'' Chinese law. He instructed British merchants to hand over their, in fact, unsalable opium stockpiles, with the promise that the British government would reimburse them for their loss. ...
... While Matheson continued the company's smuggling operations from the new base at Hongkong, Jardine was sent to London, as the representative of all the opium smugglers, to rally support for war. The propaganda he spread in London, was that honest British merchants were being besieged, imprisoned, deprived of food, and actually threatened with death. He rallied British cotton merchants that war was necessary to ``open China'' to imports of British cloth. ...
... The British carried out a series of attacks on Chinese cities using the fleet to destroy obsolete Chinese fortifications, and then threaten the cities with destruction unless they paid ransom. The British moved cannon to the edge of Canton, and forced the city to pay a ransom of $6 million. Shanghai paid $300,000, ransom but was still severely looted. ...
... The Chinese refused to even discuss the legalization of opium. The Emperor responded: ``Gain-seeking and corrupt men will for profit and sensuality defeat my wishes, but nothing will induce me to derive a revenue from the vice and misery of my people.'' ...
... In the period following the first Opium War, Hongkong was avoided by tea or silk traders, and instead served as a center for opium smuggling, gambling, prostitution and piracy. The Governor of Hongkong reported that ``almost every person possessed of capital who is not connected with government employ is employed in the opium trade.''
Hongshang: Central Bank for the Opium Trade
The Hongkong economy has continued to be dominated by opium money, as it developed into a model for the success of British ``free enterprise'' methods. The Hongkong and Shanghai Bank (``Hongshang''), the closest thing to a Central Bank that exists in the ``free enterprise'' Hongkong economy, was founded with opium money.
In the treaty ending the second Opium War, the Chinese were forced to accept the legalization of opium. With Chinese resistance broken, large scale opium production in China was begun, supposedly to stop the drain on silver caused by opium imports. Both imports and domestic production soared, with imports reaching 105,508 chests by 1880. It is conservatively estimated, that China's opium-addicts numbered between 30 and 40 million, at that time. ...
... Opium remained at the head of the list, averaging 10 million pounds sterling a year during the 1880's. By 1900, a great part of government revenues went to pay indemnities, imposed on China by various ``peace'' treaties.
Opium went hand-in-hand with foreign conquest and revolution. China was rapidly broken apart by the centrifugal forces introduced by the effects of British looting. From 1850 to 1860, China was racked by revolts by the Taiping and Triad gangs. Deaths from the chaos are estimated to have been several tens of millions. Many provinces lost more than half their population. By 1916, China was so shattered, that when nationalists around Sun Yat-sen attempted to set up a Republic, the greatest problem was to unite the country.
Adam Smith, An apologist for the British East India Company
... Adam Smith, in his Wealth of Nations, followed this belief, that human behavior was best ordered by each man following his hedonistic desires to their lawful conclusion. He argued that opium was a legitimate product, the same as any other commodity, that the objective laws of the ``invisible hand'' must be allowed to determine all economic activity, and anything which stood in the way, such as national governments, were an obstacle which must be removed.
John Dimitri Negroponte (born July 21, 1939) is a career diplomat currently serving as Director of National Intelligence for the United States. Prior to this appointment, Negroponte served in the United States Foreign Service from 1960 to 1997. He subsequently served as US ambassador to the United Nations from 2001 until 2004, and was US ambassador to Iraq from June 2004 to April 2005.
Negroponte was born in London. His father was a Greek shipping magnate. He graduated from Phillips Exeter Academy in 1956 and Yale University in 1960 (Member of Skull and Bones). He later served at eight different Foreign Service posts in Asia, Europe and Latin America; and he also held important positions at the State Department and the White House. In 1981 he became the US embassador to Honduras. From 1985 to 1987, Negroponte held the position of Assistant Secretary of State for Oceans and International Environmental and Scientific Affairs. Subsequently he served as Deputy Assistant to the President for National Security Affairs from 1987 to 1989, Ambassador to Mexico from 1989 to 1993 and Ambassador to the Philippines from 1993 to 1996. From 1997 until his appointment as ambassador to the UN, Negroponte was an executive with McGraw-Hill.
Negroponte speaks five languages (Greek, Spanish, French, English, Vietnamese). He is the brother of Nicholas Negroponte, founder of the Massachusetts Institute of Technology's Media Lab. Negroponte and his wife, Diana, have five children.
333 - Pronounced "Three-thirty-three." The title of the American history course required of all uppers at Phillips Exeter Academy, and also the name of the paper required by the said course.
Just a mile from the Potomac River, in Alexandria, Virginia and overlooking the nation's capitol, stands the 333 ft. George Washington Masonic National Memorial on historic Shooters Hill. ...
Dr. John Phillips and his wife Elizabeth founded the Phillips Exeter Academy in Exeter, New Hampshire, USA, in 1781. His nephew Samuel Phillips, Jr. founded the nearby Phillips Academy in Andover, Massachusetts in 1778. These two schools are among the oldest and most prestigious preparatory schools in the U.S.
"In the eighteenth century, opium was highly sought after by the Chinese, and so in 1773, the British East India Company assumed the monopoly of opium trading in Bengal. Company ships were not allowed officially to carry opium to China. So the opium produced in Bengal was sold in Calcutta on condition that it be sent to China.
"Despite the official Chinese ban on opium imports, reaffirmed in 1799, it was smuggled into China from Bengal by traders and agency houses averaging 900 tons a year. The proceeds from drug-runners at Lintin were paid into the Company’s factory at Canton and by 1825, most of the money needed to buy tea in China was raised by the opium trade. In 1838, the Chinese imposed a death penalty on opium smuggling which was then close to 1400 tons a year, and sent a new governor, Lin Zexu to curb smuggling. This finally resulted in the Opium War of 1840, eventually leading to the British seizing Hong Kong."
Elihu Yale, (April 5, 1649 – July 8, 1721), was the first benefactor of Yale University in New Haven, Connecticut, U.S.. His ancestry can be traced back to the family estate at Plas yn Iâl near the village of Llanarmon yn Iâl, Wrexham, Wales, and the name Yale is the English spelling of the Welsh place name, Iâl. He was a prominent governor of Madras, India, in British East India, amassed a fortune in his lifetime, and was generous with the proceeds.
"Elihu Yale was born near Boston, educated in London, and served with the British East India Company, eventually becoming governor of Fort Saint George, Madras, India in 1687. He amassed a great fortune from trade and returned to England in 1699. Yale became known as quite a philanthropist; upon receiving a request from the Collegiate School in Connecticut, he sent a donation and a gift of books. After subsequent bequests, Cotton Mather suggested the school be named Yale College, in 1718. Location of the infamous Skull and bones society...
Elihu is the fourth oldest senior society at Yale University. It was founded in 1903 by members of Skull and Bones, Scroll and Key and Wolf's Head. While similar to these three in charter and function, Elihu favors privacy over overt secrecy, which the founding members believed less offensive to late 19th century sensibilities. To this end, it is the only senior society whose building, at 175 Elm Street, has windows, although they are shaded. It is historically among the most left-wing and egalitarian of the current senior societies. It is named for Elihu Yale, one of the University's major benefactors.
The club's three-story white clapboard house is the oldest of all society buildings. Its brick basement is older still, constructed in the early 1600s as the Tory Tavern, a central locale of the Revolutionary War. It one of the oldest original structures in the United States still in regular use.
"From Toraidhe, Irish for bandit, cattle thief or outlaw, this term was initially applied pejoratively to the English supporters of the future James II during the Exclusion Crisis of 1679. 'Tories' later became the nickname of a political party (later known as the Conservatives) of those who, by common agreement, were particularly loyal to 'Church and king'"
"An American who favored the British side during the American Revolution"
"A Loyalist that supported the British"
The Whigs or Liberals were against the Tories...The Left vs the Right...
"Sixteen men and women are tapped during their junior year for their academic, athletic, or extra curricular excellence and commitment to public service. Members formally meet for dinner on Thursday and Sunday nights of their senior year. While the program is varied, it centers largely on the sharing of intimate life histories, with one evening of the week devoted to each member."
Famous graduates include Senator Joseph Lieberman, author Paul Monette and philanthropist Sir John Templeton, British citizen living in Nassau, the Bahamas.
A statue of Nathan Hale stands on Old Campus at Yale University. There is a copy of that statue in front of the CIA's headquarters in Langley, Virginia. Yet another stands in front of Phillips Academy in Andover, Massachusetts (where George H.W. Bush ('48) went to prep school and joined a secret society at age twelve).
"30 Jan 1976 George H.W. Bush begins a 12-month stint as Director of Central Intelligence. He later describes the situation in a 1999 ceremony at CIA headquarters: "I walked in here 24 years ago untutored in the arts of intelligence.""
Nathan Hale, CIA Kids page along with three other Yale graduates, was a member of the "Culper Ring," one of America's first intelligence operations. Established by George Washington, it was successful throughout the Revolutionary War. Nathan was the only operative to be ferreted out by the British, and after speaking his famous regrets, he was hanged in 1776. Ever since the founding of the Republic, the relationship between Yale and the "Intelligence Community" has been unique.
In 1823, Samuel Russell established Russell and Company for the purpose of acquiring opium in Turkey and smuggling it to China. Russell and Company merged with the Perkins (Boston) syndicate in 1830 and became the primary American opium smuggler. Many of the great American and European fortunes were built on the "China"(opium) trade.
One of Russell and Company's Chief of Operations in Canton was Warren Delano, Jr., grandfather of Franklin Roosevelt. Other Russell partners included John Cleve Green (who financed Princeton), Abiel Low (who financed construction of Columbia), Joseph Coolidge and the Perkins, Sturgis and Forbes families. (Coolidge's son organized the United Fruit company, and his grandson, Archibald C. Coolidge, was a co-founder of the Council on Foreign Relations.)
Dr Henry Kissinger
A member of the Council on Foreign Relations, Trilateral Commission, leading Bilderberger and head of Kissinger Associates (with Lord Carrington), Henry Kissinger is also connected with the Royal Institute of International Affairs (RIIA), the Chase Manhattan Bank, the Rockefeller Foundation, and is international advisor to the Hollinger Group. He is also a member of the Alpine Freemasons Lodge in Switzerland and was possibly a leading figure in P2.
Chatham House, also known as the Royal Institute of International Affairs is a non-profit, non-governmental organization based in London whose mission is to analyse and promote the understanding of major international issues and current affairs. It is regarded as one of the world's leading organizations in this area. It takes its name from its premises, an 18th century house in St. James's Square designed in part by Henry Flitcroft and once occupied by the British Prime Minister William Pitt, 1st Earl of Chatham (The Council on Foreign Relations is its American sister institute)
Chatham House is the origin of the confidentiality rule known as the Chatham House Rule, which provides that members attending a seminar may discuss the results of the seminar in the outside world, but may not discuss who attended or what they said.
Hey if your memories are not shot by the 24/7 multi billion dollar mind blast machine...Remember this back in 2002?
Bush names Kissinger to head 9/11 probe
Bush: 'Follow all the facts, wherever they lead'
Friday, November 29, 2002 Posted: 10:43 AM EST (1543 GMT)
WASHINGTON (CNN) -- President Bush on Wednesday named former Secretary of State Henry Kissinger to lead an independent panel to investigate U.S. intelligence failures before the September 11 terrorist attacks.
"This investigation should carefully examine all the evidence and follow all the facts, wherever they lead," said Bush, whose administration initially opposed the commission.
"We must uncover every detail and learn every lesson of September the 11th," Bush said.
Peter Alexander Rupert Carington, 6th Baron Carrington, KG (The Most Noble Order of the Garter) , (GCMG The Most Distinguished Order of Saint Michael and Saint George) , CH (Order of the Companions of Honour) , MC (Military Cross), PC (Her Majesty's Most Honourable Privy Council) ,DL (Deputy Lieutenant)
Her Majesty's Most Honourable Privy Council is a body of advisors to the British Sovereign. The Sovereign, when acting on the Council's advice, is known as the King-in-Council or Queen-in-Council. The members of the Council are collectively known as The Lords of Her Majesty's Most Honourable Privy Council (sometimes The Lords and others of...). The chief officer of the body is the Lord President of the Council, who is the fourth highest Great Officer of State, a member of the Cabinet, and normally, the Leader of either the House of Lords or the House of Commons. Another important official is the Clerk, whose signature is appended to all orders made in the Council. like this one
The Most Noble Order of the Garter is an English order of chivalry with a history stretching back to mediæval times; today it is the world's oldest national order of knighthood in continuous existence and the pinnacle of the British honours system. Its membership is extremely limited, consisting of the Sovereign and not more than twenty-five full members. The monarch of the United Kingdom is known as the "Sovereign of the Garter" and the Prince of Wales is known as a "Knight Companion of the Garter."
You are all uesful idiots along with the so called Liberals...nothing less...nothing more...
Yay it's Super Bawl 42...The Liberals vs. The Conservatives
The top divided and conquered the bottom (Into the left useful idiots and the right useful idiots) many many many centuries ago...
Inflation less than previous inflation to maximum potential (A.k.a. Deflation) is what Inflation greater than previous inflation to maximum potential transforms into when inflation greater than previous inflation to maximum potential reaches maximum potential...
The USA has been hyperinflating for decades...The FED will not stop deflation...it's impossible...All the FED can do is help the consumer postpone and delay it...That's what you all are currently doing day in and day out...postponing and delaying the inevitable for as long as possible...
You all seem to think that it's some evil scheme dreamed up by Daddy Warbucks...It's just how civilization as you know it functions and has always functioned...inflate greater than previous inflation to maximum potential and then when maximum potential inflation greater than previous inflation is reached...Inflation greater than previous inflation to maximum potential transforms into Inflation less than previous inflation to maximum potential...
The surface of the planet is coated with the ruins to prove it many times over...
Can't print up food to feed people...Or gasoline to fuel cars...or electricity to power the Internet...And The FEDERAL RESERVE does not print money at all...Consumers cause money to be created when they request a commercial bank to manufacture it...If consumers have requested all they can request or refuse to request any more...that's the end of the line...
Hint: A house is for the protection of a Family unit not a speculative get rich quick scheme or an ATM equity withdrawl machine.
The inflation greater than previous inflation of the money supply transforms into the inflation less than previous inflation of the money supply...Like in 1929 when maximum potential was reached...just this time around...the magnitude is many times greater...
Boy oh boy are you all going to be enraged when you all start really suffering from the effects that you think you are somehow prepared for or are going to escape...Nobody is going to escape top to bottom bottom to top you all are going to wake up from the daydream into the nightmare...
As the economy continues to implode...eventually no one will be paying anything...all the contracts on Earth are dependant upon Inflation greater than previous inflation to sustain them....Once inflation greater than previous inflation to maximum potential reaches maximum potential and transforms into inflation less than previous inflation to maximum potential...every contract on Earth will be busted...one contract pays for two and those two pay for 4 and those 4 for 8 etc...
Behind the scenes the debate currently is between doing what is required to at least keep you all fed (save as many as possible) or just pulling the plug and letting you all starve (Liquidate as many as possible)...and how to deal with the fate resisters.
Behind the scenes they are not wondering if....they know what is coming...The war on terror was just cover to implement all the new crowd controls for the austerity measures that are about to be presented.
The Key problem is that it's not just the good old USA in trouble...the entire "so called" civilized world is imploding...
And the number one source of inflation greater than previous inflation on earth is the US consumer...unfortunately there is no single economic zone or combination outside of the USA that can replace the USA because all the zones outside the USA are dependant upon the US consumer due to the 1944 Bretton Woods global trade system to sustain those outside the USA...The US consumer reaches maximum potential and China/India/every economic zone on Earth are cut off from the inflation they require to keep their economies inflated and they implode...
So there is no way to stop the nightmare...just postpone and delay for as long as possible...That's what has been going on since 1944...A delay of the inevitable...That is what is going on right now and it's what you and everyone else in the world is working day in and day out doing...delaying the inevitable for as long as possible...
Soon everyone is going to wake up from the daydream into the nightmare...You will believe...Because you are going to see it. You are seeing it now..
People say...I'm not in debt to anyone...so I'll be fine...You are in debt to the electricity company...the supermarket...the gas stations...etc...and without a source of income equal to or greater than what you are in debt to them for...all your savings...if any...will rapidly vanish...
And ultimately so will you...