Monday, February 23, 2009
Time To Downsize
It started out by attaching interest to money...constructed out of silver and gold. The lending spending depositing cycle causes the money supply in relation to the debt to shrink or be fractionally reserved until the reserve shrinks to zero basically.
THEN TO SUSTAIN THE COMPOUND INTEREST GAME...the money supply must be constructed out of less gold and silver or out of more plentiful materials...and finally IOU's issued.
Top sucks from the bottom to the top...the top take money out of circulation and hold it until the bottom needs it...then the top lends it to the bottom. Over the centuries the top eventually acquires the entire money supply and own it and the only way the bottom can get their hands on money is by renting it.
The top did all this centuries ago...
The current banking system was an innovation made 600 years ago to sustain the game you fell in love with and are all currently playing.
The current system combined with the steam engine made the last 300 or so years of history possible.
The industrial revolution was financed by it.
Deflation is loss and is the observation of inflation less than previous inflation. Inflation is gain...But to observe it you need to see inflation greater than previous inflation.
It's a wave.
Stages of a typical compounding interest system.
1. Inflation of debt and the destruction of savings.
2. Deflation of debt and the destruction of equity.
3. bankruptcy of the Banks, collapse of the economy/division of labor, and the consolidation of power.
It's so funny the USA along with the rest of the global trade system is swirling the bowl, caving in and that is called inflation.
It's a comedy...Watching you all deflate...
Because you all certainly are not inflating...
The whole world is caving in but as long as the value of Gold goes up...It's inflation.
A classic example of a dumbed down population.
A bank becomes insolvent the moment it lends out any of its deposits. Every bank on Earth is basically insolvent from the first second of operation...Banks need more input than output...more money coming in than leaving in the depositing lending spending cycle.
Banks need sustained inflation greater than previous inflation of the money supply by the required amount to sustain the illusion of solvency.
The US consumers reached the point where they could no longer support the sustained inflation greater than previous inflation of the money supply by the required amount and the US Banking system and economy began collapsing...Sending a shockwave out into the rest of the world causing the global banking system and economy to begin collapsing...Since the USA has been the primary engine of inflation greater than previous inflation on Earth the past 65 years.
"Size of global banking industry
Worldwide assets of the largest 1,000 banks grew 16.3% in 2006/2007 to reach a record $74.2 trillion. This follows a 5.4% increase in the previous year. EU banks held the largest share, 53%, up from 43% a decade earlier. The growth in Europe’s share was mostly at the expense of Japanese banks whose share more than halved during this period from 21% to 10%. The share of US banks remained relatively stable at around 14%. Most of the remainder was from other Asian and European countries."
"The US had by far the most banks (7,540 at end-2005) and branches (75,000) in the world. The large number of banks in the US is an indicator of its geography and regulatory structure, resulting in a large number of small to medium sized institutions in its banking system. Japan had 129 banks and 12,000 branches. In 2004, Germany, France, and Italy had more than 30,000 branches each—more than double the 15,000 branches in the UK."
The Europeans are the top...Half of all the money in circulation or global debt is owed to the European commercial banking system.
The USA and Japan account for another 24%
The rest of the world is 23%.<---China is in here somewhere...
Remember Gold confiscation? That was just Europe calling in their loans to the rest of the world.
The USA is in the news...All eyes of the world are being focused on the USA...While the owners are in Europe looking innocent and helpless.
China doesn't control crap. Without US and European consumers sending their money to China and inflating it...China goes poof.
China stops buying Treasuries...and the rates will have to rise...meaning US consumers have to further slow down their requests for commercial banks to manufacture more new money to blow into the US economy to consume Chinese imports.
But lets say that US consumers have filled up and are bloated pigs with their buttons popping off their shirts and can't gorge themsleves like fools anymore?
Then China is cooked...poof...game over...
Gold...Don't make me laugh...Without consumers to support its global trade...China is a net importer to sustain its economy...Its Gold would just circulate out buying consumables and not come back.
Same with the USA.
China is going to keep buying treasuries or they better retool and start up their bicycle economy again.
Just look at Chinese cities...They didn't invent any of that...They copied it all.
Communist party officials are running their fractional reserve banking system.
It's more corrupt than in the USA or European banking systems...the inflation stops flowing into their ponzi economy and it's bullet to the back of the head time.
So whatever gold they buy it won't upset the scam.
Until the world can't consume their crap anymore...then poof bye bye China.
Then they will have to hate themselves for being so greedy...
They have to continually buy treasuries to at the very least hold rates steady. Bonds bid up...yields drop...The Chinese have been maintaining a perpetual bid for decades...
And they can try to escape all they like...they won't. They will be forced to devalue to make their exports cheaper at some point.
I'm sorry to say but they trade with the west because their whole system is based on it...they stop...they collapse.
It's that simple...
The top have it all set up so that there is no speculation. No guess work.
As soon as the deal makers came back from China and said it's done...It was checkmate for China.
They are hopelessly entrapped now...They either go down with the Titanic or put a gun to their head and commit suicide to avoid that fate.
Like really are you all going to enjoy the Chinese as the demand of the world?
Well first off the Chinese have to ramp up their spending on the military rapidly and then totally obliterate the City of London's bodyguard...The USA...Then it can become the demand of the world.
Jolly old England was the demand of the world but reached maximum potential and the whole Global trade system collapsed 1929-1933 and was followed by the 1933-1945 Bankruptcy reorganization of the global trade system...and the US became the demand after that.
There is no way they can survive on their own...Well no way to sustain the technologically advanced version of the absolute capitalist hierarchial food powered make work enterprise they have fallen deeply in love with.
They can press the rewind button and go back to a closed system pre 1979...and start over.
Like a year zero event.
Really...they are toast...the world is...
It's all heading for a mind blowing science fiction nightmare anyway you slice it and dice it.
The wage inflation in the US manufacturing sector was the cause of the price inflation during the 1970's...Once it began to be exported out into the SEZ 1979 to now...The wage inflation problem was solved...
"A Special Economic Zone (SEZ) is a geographical region that has economic laws that are more liberal than a country's typical economic laws. The category 'SEZ' covers a broad range of more specific zone types, including Free Trade Zones (FTZ), Export Processing Zones (EPZ), Free Zones (FZ), Industrial Estates (IE), Free Ports, Urban Enterprise Zones and others. Usually the goal of a structure is to increase foreign investment. One of the earliest and the most famous Special Economic Zones were found by the government of the People's Republic of China under Deng Xiaoping in the early 1980s. The most successful Special Economic Zone in China, Shenzhen, has developed from a small village into a city with a population over 10 million within 20 years."
"Shenzhen is a city of sub-provincial administrative status in southern China's Guangdong province, situated immediately north of Hong Kong. Owing to China's economic liberalization under the policies of reformist leader Deng Xiaoping, the area became China's first—and ultimately most successful—Special Economic Zone."
"Shenzhen's novel and modern cityscape is the result of the vibrant economy made possible by rapid foreign investment since the late 1970s, when it was a small fishing village."
The USA exported its wage driven inflation out of the USA into China...and the Chinese have been buying treasuries since then...bidding them up causing yields or interest rates in the USA to drop since then...Japan played a part too...it absorbed massive exports of inflation and then Japan collapsed in the 1990's...their real estate sector collapsed 1991 and never recovered...since then Japan has been on life support...but without massive imports of US consumer debt inflation...their postponed implosion has resumed.
Basically the US money supply has been hyperinflating for 65 years...It's just been hidden with accounting tricks...the above being one of them...the City of London controlled destruction of the USA policy which was implemented in the late 1970's to stop the hyperinflation of the USA.
Interest rates have been collapsing globally for decades now...
Every recession is the beginning of the end...but every time in the past 65 years the population of the USA has powered out of deflation with greater inflation than existed before the recession or deflation...since the only way to fight deflation is with inflation.
This time...I'm sorry to say...The population of the USA is DOA.
It's like this...The top ride the bottom...the bottom being a horse...and the top are trying to get somewhere...as fast as possible...and when the horse slows down...the rider whips it.
Well the point has been reached where the horse is exhausted...and the rider has basically dismounted and is now whipping the horse to death...but it's not moving.
The FED and Government are the whip the top uses on the horse.
The Top or employer owners of the system decide what the bottom or employees of the system use as money.
Honest money?
There is no such thing outside of the imagination.
The Bank of England/Rothchilds backed the McKinley gold republicans to pass the 1900 Gold standard act which destroyed the 1792 Coinage act or definition of the US Dollar.
The Goldbugs destroyed the USA.
It's a fact.
Back in those days the Bank of England controlled the global supply and distribution of Gold.
The London Fix
Once the 1900 Gold standard act was implemented...The Bank of England by default gained complete control of the US monetary system.
Checkmate happened right there.
109 years later and you are still oblivious...I have no idea when if ever any of you are going to wake up and figure this out.
Back almost 40 years ago now...They didn't know that the top would just open up China to absorb the US consumer debt inflation to stop the hyperinflation of the USA after the post WW2 reflation of the world reached maximum potential and caused the 1971 collapse of the London Fix.
The actual scenario for a return to Gold...a complete collapse of the current civilization then the top will again fix the value of Gold by decree (fiat) like in the past.
Bretton Woods made the US dollar the global trade medium of exchange...meaning that to buy anything from the global market you need US Dollars.
The demand for US dollars is quite high...the Number one engine of US dollar creation the past 40 years?
The US real estate sector...Or US consumers...buying real estate...but that machine has reached maximum potential and is now grinding to a stop...cutting the supply of new US dollars flooding into the global market by 50%
It's why Dubai has crashed and 20 million migrant workers in China were laid off.
The Growth rate of the global medium of exchange has slowed down by the greatest amount in 65 years.
Your incomes can't be sustained without a constantly inflating system.
Imagine you want to be rich...but not enough babies to exploit have been born...so there is no workforce for you to hire.
Like really you all are oblivious...You all exist because the top needed employees.
It takes alot of slaves to support one master...
Well ok lets say enough humping has been done...but what if there is not enough money in existence to pay potential employees?
Like not enough to keep 20 Million slaves in China employed?
Game over.
The drop in the growth rate of the money supply does not cause the demand for money to drop.
What would happen if all the mines shut down...Would the demand for Gold stop?
How about if all the crops failed would the demand for food stop?
Hey...we are all out of food...yay!...I was getting oh so sick of eating.
All systems are capitalistic...
The inequality is due to the fact that you are all morons.
Allow me to take more of another's power than I give and I don't care who makes or breaks the rules of the game you are all playing.
Because eventually I will suck all the power from the hands of the many into the hand of the few or one.
Then they who have the power will make and break the rules of the game you are all playing.
Human beings have no power to make or break LAW.
All that Human beings have the power to do is make and break rules and call the rules LAW.
But if a rule attempts to break LAW...LAW will break the rule.
The vast majority of you morons don't even know the difference between a rule and LAW.
The figures now are based on what happened a year ago...All that the authorities have to do to fool you all is make the figure a year from now look better than the current.
It's why there's all this talk of a recovery next year...You can easily market a lower high in a down trend as a recovery.
That appears to be the current plan...engineer everything down as fast and as much as possible so that the bounce can be proclaimed as the sign that it's all working.
Or the plan fails and by this time next year it's fast forward to the beyond current abilities to comprehend mind blowing science fiction scenario.
That's best case and worst case.
They are all like you...oblivious pawns. They spent their whole life believing lies were truth.
And now at the logical conclusion...they see what they didn't imagine taking place.
It's a hierarchy...the only thing that makes the person above you seem smart is your stupidity.
Brzezinski is a moron...They all are...Billions of morons lead by morons.
Conspiracy?
You are living in the New world order right now...It was never constructed to last...It will like all the previous new world orders...reach maximum potential then implode...the survivors will then be hired to construct the next new world order.
All those working towards the goal of a New world order are just brainwashed dupes being kept busy.
All that you have seen are fragments of the material used to brainwash or program them and it's programmed you into believing in the new world order scheme.
This has been going on for 1000's of years now...inflate deflate inflate deflate...it's a wave.
The top are surfers and the bottom including Brzezinski and crew are the surfboard.
You are all employees of a global enterprise...and when the top no longer needs you all...you are all laid off.
You clowns don't give a crap until it's you being laid off...
That's all that is happening now...The global enterprise has reached the maximum potential and it's time to downsize.
You all think you have some kind of rights or something.
A lie you were told when you were a child.
You all have no rights to anything from anyone else.
It's just a mass cherished delusion.
There is no conspiracy...It's all right in front of your eyes and you are all in on it for fun and profit.
You all are wandering around pretending...playing the game with each other.
Interest rates are set in the bond markets...and consumer demand dictates rates. Rates are not being raised or lowered by anyone other than mindless consumers blissfully munching away.
All claims by the officials are lies...They see the data in real time that is reported much later.
The rates begin rising or falling in the bond/debt markets...The FED follows along.
They say...OMG inflation is on the way...we are raising rates...when bonds are sold off or bid lower causing yields to rise and they say...OMG there is risk of deflation...we have to lower rates...when bonds are bought or bid higher causing yields to drop.
That's what the FED has been doing for decades.
As for a return...the system before the credit system was the Treasury system.
The Treasury was the only buyer of gold and or silver...the wholesale value of gold and silver was then fixed lower than the retail or coinage value.
If the value of the content of a coin is higher than the face value...it will not circulate.
Now the money is spent into circulation by the Government and someone can then acquire it and hoard it...until there is a shortage then save the day by lending it to a desperate fool under the condition that they pay more back than they were given.
Eventually over time the entire money supply is transformed into debt owned by the top with the bottom forced to perpetually rent it from the top.
The current credit system...the money is debt at the instant of creation...The current system is an innovation that was the result of the reaching of the maximum potential of the previous system.
When the gold or silver supply was utilized to its maximum potential...there is enough of everything to sustain economic growth...except gold or silver to construct money out of...So then the content of coinage has to be cut...eventually to zero...That's where credit comes in...It's a way of keeping the money renting game going past that point.
The entire industrial revolution up to this point was financed by the credit system...
There is no way to sustain the technologically advanced version of the absolute capitalist hierarchial food powered make work enterprise any other acceptable way...
What that means is...choosing to do this all over again is better than choosing not to.
The plan is to reduce the population to below 1900 levels then reflate back but at a much slower rate.
The deflation will last as long as it takes to reach that goal.
Since the top or employers are the only ones that know how to run this system and any rivals that attempt to prematurely reflate back up will be easy to spot and annihilate.
Seriously...One way or the other Billions of you that are currently assets are going to transform into unfundable liabilities and be liquidated one way or the other.
You all are totally oblivious as to what is going on or how economics actually operates.
Because Truth offends you...
Lies don't...
Like the lie the FED has been telling over an over again saying they are raising or lowering rates.
Consumers dictate where rates are going...The FED just follows along.
Sure you don't think you are to blame...But there are Billions of you that all seem to think the same thing...it's not me...I'm not to blame...it's everyone else.
Truth offends you...
Lies don't...
Like the lie you keep telling yourself over and over again and have fallen in love with.
The delusion you cherish...
You will basically fight to the death protecting that which you cherish...from Truth.
There is never a lasting victory over lies and the war against Truth has no exit strategy and always ends in defeat.
All those I offend keep telling me that if at first you don't succeed defeating Truth...try try again.
You all will basically fight truth attempting to defeat it till the day you die...Like you all have been doing for the past 6000 years of recorded history.
I see no change in the operation.
Fraud is an effect not the cause. The effect is being marketed to the masses as the cause...and they are buying it. It's a lie...the fraud is an effect the cause is taking more than you give.
Once you can no longer sustain taking more than you give...the system being powered by that collapses...All the so called frauds become visible...Since frauds are lies and lies require ever greater amounts of power to sustain their continued existence masquerading as truth.
At the point that a lie requires infinite and indestructible power to sustain the fight against truth...It requires truth...since Truth is the only source of infinite and indestructible power...
When a lie masquerading as Truth requires Truth to sustain its continued existence...that is revelation of the lie.
It then self destructs...Since a lie is finite and fragile.
So all that is becoming visible now are effects of the cause...
Which is taking more than you give.
Attaching interest to money is an example of taking more than you give.
So is chopping down trees faster than they regrow.
Look around...You all are living in one huge monumental fraud...Ultimately you are all frauds defrauding each other day in and day out for fun and profit.
It's the end of civilization as you know it...
There is not going to be online anything.
Complete systemic collapse will be unavoidable soon...
All that's happening now is just a pretext that is leading to that point so that when you are all forced to make the choice of what the future path will be...You all will choose the path based on what the pretext leading up to the point of decision dictated.
You all are going to choose to do it all over again...It's already all over...
It's a done deal now as far as I can tell.
I just don't see how you all are going to choose not to do it all over again...Like you all have been for the past 6000 years.
Emotions are senses...they are a guide...just because something tastes good does not mean it is...
Same with emotions...If your emotions are your master and you are a slave to them...That is a weakness the top can capitalize on.
Ultimately that is the only method the top has to manipulate you outside of physical force.
"In a capitalist society, goods and services are distributed by consensual trade, not by physical coercion. Being a system in which coercive physical force is used only to defend each person’s life, liberty and property, capitalism is the only system compatible with human life."--Ayn Rand
She was careful to avoid mentioning mental force...Since she became rich taking more than she gave producing works of fiction...fiction of course another word for lie.
Basically producing lies for money...Creating lies wholesale...marking them up and selling them retail.
So she promoted the belief that it's ok to seduce someone into agreeing to sign on the dotted line...Until they realize what is going on and then physical force could then be employed to defend the contract of the seducer...
Like writers of books of...lies...
Sorry buddy...you fell for it...there is nothing you can do about it according to the rules of the game you agreed to play with me and just lost because if you try to hurt me in any way...the Government will protect me...lol...sucker.
Ultimately she was an accomplished seductress...She was a man hater that took all the men (You know who you are) for a wonderful ride...
Just gobbled you all for 5 Dollars or more each.
She had Greenspan writing her Golden love notes.
The elimination of physical force has caused generations to become more spoiled, lazy, and weak the further into the future we get.
You are drones that employ the just think positive ignore the negative equation at the core of your reasoning algorithm...
All you see are the positive aspects and ignore the negative aspects...None of you come close to being objective.
There is no need to be coercive...You really are mentally retarded.
It's a fact...
Whether I'm here to point it out or not.
And it doesn't matter whether Ayn was trying to mentally retard you or not...the result is the same regardless.
Because according to her...mentally retarding you all is no problem...only physical force is covered.
By buying her books...You consented to being mentally retarded by her.
The key problem is that you all fell deeply in love with this seductress and you can't handle the revelation.
Ayn Rand is a cherished delusion...You are fighting to the death for a dead liar.
It's a fantasy...That Ayn had complete control over...
It was not an introduction of something new...All it did was validate your choice to be absolute capitalists...or employ absolute self indulgent reason to solve the problem of existence.
To control you all better in the technologically advanced version of the absolute capitalist hierarchial food powered make work enterprise or city state...the top divided and conquered you all into individuals.
The destruction of the family unit as social security...
Ayn Rand was not stupid...Ayn Rand is a wonderful example of an autonomous absolute capitalist drone.
Employing absolute self indulgent reason.
She is just a hypocrite.
The men of the mind do not sustain the men of labor.
The people that do all the work sustain the people that do all the thinking.
The men of the mind that figure out new and wonderful ways of escaping working for a living...Like writing books perpetuating the myth that the top supports the bottom.
The bottom goes on strike and the top dies...The top goes on strike and the load the bottom has to carry becomes easier.
Those that choose to employ absolute self indulgent reason believe the needs of the one or few outweigh the needs of the many.
They believe the needs of the King outweigh the needs of the subjects.
The needs of the rich outweigh the needs of the poor.
Really...Ayn spent her whole life searching for a superior moral justification for selfishness.
Or a lie powerful enough to defeat Truth.
What is the opposite of absolute capitalism?
Responsible capitalism.
Or those who employ responsible altruistic logic.
Unfortunately liars fear truth.
Those that employ absolute self indulgent reason or absolute capitalists have at the core of their reasoning algorithm...the Just think positive ignore the negative equation. With Truth being negative and lies being positive.
It becomes the just accept lies reject truth equation.
Ayn constructed fictions or lies wholesale...marked them up and sold them retail to all those trying to obtain freedom from Truth.
What did Ayn tell you about lies?
Nothing because that's how she became rich...by lying...It's how she obtained your consent.
She capitalized on your ignorance.
Ignorance of Truth is the root of all evil.
The top maintains their position in the hierarchy by giving the bottom what they want.
Of course once you want the Governments to be destroyed...The top will instruct their employees to destroy the Governments...and then when you want the governments again...the top will instruct their employees to build them again.
The top figured out long ago that it is best to just give the bottom what they want...so the system was designed to always give the bottom what they wanted.
It's what the top created the parliamentary administration system to do...take the blame...
The key problem is you all don't have the foggiest idea what is the cause...You all spend your lives whining and crying about the effects or symptoms...
The things you call Government are just effects.
Alter or abolish all you want...It's what the top designed the administration system of the absolute capitalist hierarchial food powered make work enterprise to be.
You all will hack yourselves to pieces trying to reacquire what you never had to begin with or obtain what you never will until you all are exhausted.
The top will supply you all with plenty of what you want...
Mountains of corpses in lakes of blood...you bet.
The world has to come to grips with the fact that the global system has reached the maximum potential of inflation greater than previous inflation.
The world emerged out of the 1933-1945 bankruptcy reorganization of global trade system...reorganized...but still bankrupt.
All the system did basically is provide an ability for Billions of you to exist as you currently do.
The vast majority of the population of the planet has to come to grips with the fact that you all will soon no longer be needed or wanted by the system you all know almost nothing about.
You all will be forced to wake up from the daydream you are currently deeply in Love with into the nightmare.
In the end they will be forced to basically fly over and spray you all like roaches.
You all exist currently and have a general feeling that you have a right to exist because you are assets...But you all will eventually transform into unfundable liabilities and will be liquidated one way or the other.
Monday, February 09, 2009
Long Time To Wait For A Jackpot
Hyperinflation of the money supply is a possibility. As to how to do it...I don't know...You would basically have to issue checks to every person in the USA...for ever greater amounts.
First problem is that if a hyperinflation were to start...the rest of the world would have to follow...or else imports into the USA would become too expensive and the USA would collapse and the rest of the economic zones would then collapse.
So the world would have to hyperinflate if the USA was to hyperinflate.
Just like now...Where the US is deflating causing the world to deflate.
To cash in on the PM jackpot would take perfect timing because once a general hyperinflation of prices became self sustaining the prices of PM's would become relative.
You have to sell PM's close to the spike tops...Otherwise you will just be using an ounce of silver priced at $100 to buy a couple loaves of bread.
What I think you all don't seem to grasp is that the Global trade system of which the USA is the primary driver of...has reached maximum potential and is imploding.
Any way you slice it and dice it...Inflation greater than previous inflation to maximum potential is followed by inflation less than previous inflation to maximum potential once the maximum potential of inflation greater than previous inflation is reached.
It's a wave...THERE IS NO WAY TO SUSTAIN INFLATION GREATER THAN PREVIOUS INFLATION FOREVER.
It's not just the USA in debt up to its eyeballs...Every economic zone on Earth is. The same banking system in operation in the USA is and has been in operation in every economic zone on Earth...for 300 years.
Three times GDP is the total debt and money supply of most countries.
All the money circulating globally is debt....the US portion is 51.8 Trillion...
You are all in the global system...the total debt of the global system is around 200 Trillion equivalent...
The only place to obtain the money needed to service the debt...Is from the global system you are in. In a system...An increase in demand from anywhere in the system spreads through out the entire system.
Basically everyone is in debt to everyone and the only place everyone can get the money to service the debt is from everyone.
The cost to service the debt is hidden in the cost of everything on Earth.
The rent due for the global money supply that everyone on Earth is renting is hidden in the cost of everything on Earth.
At this point they are just trying to engineer public perceptions...They should be able to engineer a bounce...Well they need to...otherwise the spring real estate bloom will not have a chance.
It will be game over way quicker than anyone can imagine. It takes money to keep this server operational...If a controlled collapse can't be maintained...the implosion will accelerate and shut the world down basically in the blink of an eye.
The easiest way to manipulate the public perception is the US indexes...It's the biggest bang for the buck...
Monday is basically do or die as far as I can tell...They need some green arrows to back their lies.
87 was just like this...US consumers became exhausted and slowed their requests for commercial banks to manufacture more new money causing a real estate bubble within the bubble to pop...the money flying out of there in search of yield flooded into the stock markets...causing the growth rate of the money supply to slow...at the core of all the accounting algorithms is the compounding interest equation...
Failure to supply that GOD you all worship aware or not with the required tribute has negative consequences...
Default...triggered a cross default shockwave that ran through the US economy that is the largest consumer of global exports which then spread out into the rest of the world...It led to the collapse of Japan...The Berlin wall collapse and Tiananmen Square were staged around that time.
The Global system needed massive inflation to escape the implosion...China and Russia were opened up to absorb massive amounts of US consumer debt inflation...
That trick is not going work this time...
Basically the US real estate sector was able to inflate greater than previous inflation from 1991 to now (2003 to 2006 was just a bubble withing the 37 year old US real estate bubble) due to all the economic and social engineering feats accomplished during that period.
WW2 worked great at liquidating assets that had transformed into unfundable liabilities. Six years of mass liquidation...led to the current 65 year boom...The boom before? 1919 to 1929...was 10 years...The bubble formed from the post WW1 roaring 20's looting of Germany carry trade.
1929-1933 was the global collapse...followed by the 1933 to 1945 bankruptcy reorganization of the global trade system.
In 1944 Bretton Woods made the US Dollar the new Global trade medium of exchange...taking over from the British Pound and by default the US consumer became the demand of the Global system...taking over from British consumers.
So a boom of 10 years followed by a bust of 15...Pre 1900 boom bust cycle was 5 years or so of boom followed by 5 years of so of bust.
I wonder how much bust is going to follow a 65 year boom?
We are just baby steps into this bust.
There is lag...The general population are oblivious drones that need to see something to believe it.
Right now a monster beyond their abilities to comprehend is coming to slaughter their hopes and dreams for the future...Maybe even annihilate them all together.
Of course at some point there will be some kind of event or new lie to cover the old one that has reached maximum potential and is self destructing.
In 1919 the debt to income ratio was around 120% or so and it spiked up to 260% during the roaring 20's then collapsed down to 15-120% around 1945 and now has spiked up to 360% after the roaring 6 decades.
You all did nothing at the start after the 1933-1945 bankruptcy reorganization of the global trade system....Because you all don't have the foggiest clue what you all have to stop choosing to do...
The banking system in place right now has been in operation for 300 years and has had many depressions.
This is just the latest.
And yes...lending your money to someone else to spend is not saving...correct...nice to see some are starting to wake up and putting 1 and 1 together.
It's hard to believe that for many centuries now you morons have believed that lending your money to someone else to spend is saving.
You would have to be suffering from some kind of mental retardation to believe that lending your money to someone else to spend is saving.
Like you would have to be a total mindless fool that was letting others do the thinking for you all these centuries to believe that lending your money to someone else to spend is saving.
Just a stunned idiot with a stupid grin on your face.
Like if Gold were to become money again...I wonder if you would start thinking like that again...you know...lending your gold to someone else to spend and believing that you are saving your money...
By earning interest on it?
I wonder if you all will fall for that again...like you all did 300 years ago?
Well as long as you are all oblivious morons that have no clue...of course you all will.
Sir Josiah Stamp, former chief of the Bank of England in 1927, warned: “If you want to continue to be the slaves of bankers, and pay the cost of your own slavery, then let bankers continue to create money and control credit.”
Before credit systems you all gave Sir J's predecessors your gold to save and you were paid interest and all your gold was lent to others to spend...until it was utilized to its maximum potential and then IOU's were introduced to keep the compounding interest game going.
This current system financed the industrial revolution up to this point...So get rid of it and press the rewind button back 300 years.
This is going to be a comedy watching all you brain dead oblivious morons try to survive the consequences of your choice to be oblivious brain dead morons.
Loans...and the consumer is requesting those loans that are backed by collateral...The consumers being the banks.
And if the US economy does not return to what it was doing 2007-2008 and then to 2006...there will be no way to pay those loans and the banks will have to borrow more...as long as they have collateral.
The collateral that the retail customers of the banks have to create by requesting banks to manufacture more new money.But the retail consumers are not...it's why the economy is contracting...not expanding.
Deflating not inflating.
So far I see nothing that is giving consumers more new money to blow...
This current stimulus seems like a big number..maybe to hyperinflation worshipping retarded....but it doesn't even come close to catching up to the growth rate deficit of the money supply.
I was not suprised by the crash at all...and I hardly posted a few months back when you all were going through "the wtf happened to the hyperinflation phase."
Now we are on the upswing again...the crash happened in 1929 but the bottom was not until 1932.
There's still years of suffering to go...decades even...You all have decades worth of gold and silver stockpiled?
I really don't see why you all need hyperinflation and why you think it will last forever?
You don't and it can't.
When Dollars are too hard to get to pay debts that require Dollars...they don't use Dollars...they use nothing and the debts default.
Or in the case of the debt you all owe to the food producers...You begin starving if you can't get any Dollars to pay that debt.
Or the debt you owe to the electricity producers...Your lights go out.
The US government has not printed up any money to clean the bums off the streets of the USA...
All the money/debt in circulation is owed to the top.
The hyperinflation leg humpers think that when the bottom can not pay....the top will just print up/issue what the bottom owes to the top and then hand it to the bottom and then the bottom will just hand it back to the top.
But hyperinflation can happen if there is some way to sustain it past the point at which consumers can't...and the only thing you have is the magic printing press scenario.
like the crash a few months back...remember?
The magic printing press scenario needs to pick up where the consumers left off...but didn't...just like how I said it would play out...the past 7 years...
But ever since Ben came out with the the US Government had an invention speech...You all found a new religion.
The US Government has an ability to...and must use it...Ben promised...
That's basically what the religion you all have been practicing the last 7 years.
And you all are devout followers.
It's destroyed you.
Now it's Hyperinflation is Money...
Pretty pathetic.
Those that believe "hyperinflation is money" care.
They are dying for hyperinflation...ever since Ben came out in 2002 with his 'the US Government has an invention' speech.
That's 7 years...it's a long time to wait for a jackpot.
Sure all along they have been talking about gold standards and honest money and founding fathers...etc...
In the end they are just trying to strike it rich...and after 7 years they are starting to flip out.
I see enough money to shut the masses up...
As long as you all are given enough to prevent you all from having to suffer the worst case scenario...you will all opperate like currently...Whine an do almost nothing.
At some point there will be some kind of social engineering event that will make it so that you all will accept receiving less compensation for more suffering.
Or sacrifice as Obama calls it...
Say China becomes the demand of the world while the US collapses into civil war and self destructs...Then China sends in Mao Tze Washington to put the USA into a communist stasis...Then a couple decades later when China needs to export inflation...The USA opens up to the East and the Chinese consumers utilize the USA population as cheap slave labor.
Until the USA rises up and becomes the demand of the world while China's consumers max out and collapse.
Of course they have to convince their populations that the USA is to blame so they more easily accept the austerity measures that need to be imposed. Woo boy a classic set up for the Chinese sheeple...Man are they in for a monumental shock.
Sure the Government can expand the money supply but there is no way that a printing press or its electronic equivalent can replace the actions/decisions of an economy of 300 Million consumers.
For the past 65 years it was not the US Government or the FED that powered the USA and world to this point it was the population of the USA...and it's up to them to power the USA and the world further...and if they can't...
There is nothing that the US Government and FED or anyone or anything on Earth can do about it.
Consumers create all the debt...
Consumers over the past 65 years have requested the commercial banking system in the USA to issue around 51.7 Trillion dollars of new money which is also debt at the point of creation.
Money is debt and debt is money.
Over that same period of time the US congress has authorized the US Treasury to issue 10.4 Trillion Dollars worth of bonds and sold them into the money supply of the USA "BORROWING" 10.4 Trillion Dollars of the 51.7 Trillion Dollar money supply of the USA or total debt of the USA.
As you can see...when you actually know how the system works...Things look far different.
Consumer demand for more new money creates all the debt in the 600 year old compounding interest commercial banking system.
There has only been one time in the history of the USA where the US Government expanded the money supply outside of the commercial banking system...the Greenbacks of the civil war.
And another before that if you count the Continentals the during the so called revolutionary war.
All that matters in an absolute capitalistic system is short term gain or profit.
It could easily be a scenario where yes...you can sustain the system longer by paying another person in a low wage zone to work while paying another in a high wage zone to not work.
The private sector doesn't care if the state Government runs out of money and collapses...If it's able to sustain the system longer...
Logic rules Reason...
Truth rules lies.
The Universe is not a construct of reason it's a construct of logic.
Do any of you try to think or is it a case of shopping around for lies constructed by those that do think until you find ones you like and then buy them?
The path of least resistance is searching for why you are right...
It's a waste of time defending the people other than you that you have chosen to do the thinking for you. You will never be free from truth...and truth causes you all to run in terror an embrace lies.
As long as that is the case...You all will be at the complete and total mercy of liars. And because you are mortal...You have very little time to escape.
Most of you have not progressed at all...The celebration of Atlas Shrugged is an example of that.
"Objectivism is a philosophy developed by Ayn Rand in the 20th century that encompasses positions on metaphysics, epistemology, ethics, politics, and aesthetics."
"Objectivism holds that reality exists independent from consciousness; that individual persons are in contact with this reality through sensory perception; that human beings can gain objective knowledge from perception through the process of concept formation; that the proper moral purpose of one's life is the pursuit of one's own happiness or rational self-interest; that the only social system consistent with this morality is full respect for individual rights"
There is a choice...You can choose Absolute self indulgent reason or Responsible altruistic logic. Those that choose absolute self indulgent reason believe the needs of the one or few outweigh the needs of the many.
Or full respect for individual rights.
So then you believe in the needs of the one or few outweighing the needs of the many...You believe the King or Queen´s needs outweigh the needs of the subjects...You believe the needs of the political Hierarchy in any political system outweighs the needs of the governed population...You believe lies are superior to truth...
But those that choose Responsible altruistic logic know that the rights of the many outweigh the needs of the one or few.
That is the only way an individual will ever be able to respect the rights of all the other individuals.
The above statement... "The proper moral purpose of one's life is the pursuit of one's own happiness or rational self-interest"
Is incompatible with "the only social system consistent with this morality is full respect for individual rights"
Absolute self indulgent Reason is incompatible with Responsible altruistic logic.
Why point this out?
Imagine I tell you something I think is true but it's false but you believe what I said is true and you follow my instructions and blind yourself for life.
Imagine I tell you something I know is false but you believe what I said is true and you follow my instructions and blind yourself for life.
Regardless of my intentions...the logical conclusion is the same...
Sorry folks but whether you try to lie or not...a lie is not truth and truth is not a lie. Choosing absolute self indulgent reason is following the path of least resistance...Animals are all absolute capitalists.
The path of least resistance is searching for why you are right.
Those who employ absolute self indulgent reason search for reasons to make mistakes and then search for reasons to limit or attempt escape from the consequences of the mistake.
Regardless of my intentions...the logical conclusion is the same...
Imagine I tell you something I know is false but you believe what I said is true and you follow my instructions and blind yourself for life.
Not a mistake.
Imagine I tell you something I think is true but it's false but you believe what I said is true and you follow my instructions and blind yourself for life.
A mistake.
Regardless of my intentions...the logical conclusion is the same...
Mistake is another word for lie.
Those who employ absolute self indulgent reason search for reasons to construct lies and then search for reasons to limit or attempt escape from the consequences of the lie.
I have now pointed out more than Ayn Rand did...why?
"(Absolute) Capitalism is the astounding belief (delusion or a lie you tell to yourself) that the most wickedest of men will do the most wickedest of things for the greatest good of everyone."--JOHN MAYNARD KEYNES
"America's abundance was not created by public sacrifices to "the common good," but by the productive genius of free men who pursued their own personal interests and the making of their own private fortunes."--Ayn Rand (Absolute capitalist)...Entertains the above mentioned astounding delusion.
"I am rich and proud of every penny I own. I made my money by my own effort, in free exchange and through the voluntary consent of every man I dealt with — the voluntary consent of those who employed me when I started, the voluntary consent of those who work for me now, the voluntary consent of those who buy my product. I shall answer all the questions you are afraid to ask me openly. Do I wish to pay my workers more than their services are worth to me? I do not. Do I wish to sell my product for less than my customers are willing to pay me? I do not. Do I wish to sell it at a loss or give it away? I do not. If this is evil, do whatever you please about me, according to whatever standards you hold. These are mine. I am earning my own living, as every honest(?) man (Woman) must. I refuse to accept as guilt the fact of my own existence and the fact that I must work in order to support it. I refuse to accept as guilt the fact that I am able to do it and do it well. I refuse to accept as guilt the fact that I am able to do it better than most people — the fact that my work is of greater value than the work of my neighbours and that more men are willing to pay me. I refuse to apologize for my ability — I refuse to apologize for my success — I refuse to apologize for my money."--Ayn Rand again (Absolute capitalist) who became rich taking more than she gave entertaining the masses with fiction (Lies) Which she claims to be better than most at telling.
The above is what you will eventually discover when you choose to stop searching for reasons to avoid thinking.
The path of least resistance is searching for why you are right...
It's a waste of time defending the people other than you that you have chosen to do the thinking for you.
You will never be free from truth...and truth causes you all to run in terror and embrace lies.
As long as that is the case...You all will be at the complete and total mercy of liars.
And because you are mortal...You have very little time to escape.
The vast majority of you won't.
Yes deflation is death...And who wants to die...how do you think you all have escaped every recession the past 65 years?
By giving up...No you all will fight truth...
Ben came out in 2002 and basically said...Don't be afraid of Truth...it's not going to hurt you all...We have a weapon that can slay Truth.
At some point you will need to defeat truth to win...but of course you all have no power to do that and all will look to the FED to unveil their weapon...But they won't...because it doesn't exist.
Truth can not be defeated.
The daydream will then transform into a nightmare.
Until that day...Until the game you are all playing reaches the logical conclusion which is game over and you lose...All of the players will think they are winning.
The system is not deflating because billions of you are slaving day in and day out to keep it inflated...
What do you all think the population of the planet was hired to do?
Why do you think you are here? When you were born...was that inflationary or deflationary?
Yes deflation is death...And who wants to die?
The system is composed of billions and billions of people that don't want to deflate.
BUT GUESS WHAT?
It's impossible to sustain inflation greater than previous inflation forever.
Soon it's going to be time to die and none of you...Nobody on Earth or anything in the Universe is going to be able to defeat Truth to postpone the inevitable any longer.
You all were just born at the wrong place and the wrong time...or the right place and the right time...depending upon your perspective.
This global economic system has been in operation for over 300 years...You all will be long dead before the bottom is reached.