Is The Economy Just Now Falling Apart

[Declan]

View: https://youtu.be/jPfws-R4EXQ?si=nB9bo3TN8VzmXjDM



An interesting video where he discusses different news items detailing how the system is suffering malfunctions and just in effect, breaking down.

 

[Coal Gas and peat]

https://theliberal.ie/public-disgus...-return-to-war-ravaged-homeland-for-holidays/

These scroungers need to be sent back ASAP

 

[Declan]

Where Have All the Foreign Buyers Gone for U.S. Treasury Debt?

Overseas private investors and central banks now own about 30% of all outstanding U.S. government debt—down from roughly 43% a decade ago.

www.wsj.com

We seem to have made it through another week.

For the show to continue, the dollar always be on an upward slope to give a profit to overseas buys.
As long as the yen stays falling, the Japanese holders are happy.

But the day will come when that reverses and it is panic.

Or the day will come when the yen totally collapses and that is panic also.

So it is interesting to see if 150 yen to the dollar will be just another marker on the slope, on a turning point.

 

[Wolf]

A stopped clock will be right eventually.

 

[A Man Called Charolais]

Interesting explanation.


'The government loves inflation. This is because it’s meant to stimulate economic activity by favoring debtors.

Basically, inflation is an increase in money. The more money in circulation, the less valuable each dollar is. If inflation is always increasing at some level, say 2%, then a loan you take out today is cheaper to pay back tomorrow because the money you took it out in is worth less.

From the government’s point of view, this creates activity because there’s more money so loans are easier for people to get, making risky ventures like starting a business easier to jump into, and those loans are easier to pay back, which also helps the government because it borrows a lot.

Deflation from this point of view is really, really bad. It means there’s less money in circulation, so each dollar gains in value, so people don’t loan it out so easily and the price of a loan you take out today is worth more tomorrow. That’s painful for anyone who owes money.

Our entire economy is built on credit, which is just a fancy finance term for “owing money.” So it stands to reason that deflation is painful for the whole system. So painful, in fact, that the government will fight against deflation no matter what.

Unfortunately for all of us, according to Booth, we live in a world of growing technological innovation that the government can’t and won’t stop. And that innovation naturally creates deflation.

The iPhone represents more than a dozen gadgets that in 1980 would’ve cost you thousands of dollars. It also features things you could never do in 1980, like GPS. And yet it fits in your pocket and you can buy one for, at most, $1k. Ditto for laptops and all sorts of other stuff.

As Booth points out, tech innovation is only accelerating. In fact, as unbelievable as it might seem, we might be coming out of a time of relative technological stagnation. AI, new materials sciences, the space industry, biotech, the list goes on, with all this innovation eventually leading to deflation.

Which is just prices dropping. Which is also debt getting more expensive. Debt that the whole system is built on. So what does this lead the government to do?'

​

https://timelesscynic.substack.com/p/quietam-linquens-a-pathology-of-our-6b7

 

[Declan]

You can't have inflation and deflation at the same time as the money supply is either increasing or decreasing. Atthe moment M2 money supply is falling. The Fed is selling 60 billion of securities each month and that 60b just disappears from the money supply.

But prices for many things like food is rising rapidly.

The price of housing here is now falling so watch out below. Regular houses, are now close to a million dollars in the town I live in. Big colonial style houses are about 2 million.

So everyone is a millionaire I guess.

 

[Mad as Fish]

Interesting explanation.


'The government loves inflation. This is because it’s meant to stimulate economic activity by favoring debtors.

Basically, inflation is an increase in money. The more money in circulation, the less valuable each dollar is. If inflation is always increasing at some level, say 2%, then a loan you take out today is cheaper to pay back tomorrow because the money you took it out in is worth less.

From the government’s point of view, this creates activity because there’s more money so loans are easier for people to get, making risky ventures like starting a business easier to jump into, and those loans are easier to pay back, which also helps the government because it borrows a lot.

Deflation from this point of view is really, really bad. It means there’s less money in circulation, so each dollar gains in value, so people don’t loan it out so easily and the price of a loan you take out today is worth more tomorrow. That’s painful for anyone who owes money.

Our entire economy is built on credit, which is just a fancy finance term for “owing money.” So it stands to reason that deflation is painful for the whole system. So painful, in fact, that the government will fight against deflation no matter what.

Unfortunately for all of us, according to Booth, we live in a world of growing technological innovation that the government can’t and won’t stop. And that innovation naturally creates deflation.

The iPhone represents more than a dozen gadgets that in 1980 would’ve cost you thousands of dollars. It also features things you could never do in 1980, like GPS. And yet it fits in your pocket and you can buy one for, at most, $1k. Ditto for laptops and all sorts of other stuff.

As Booth points out, tech innovation is only accelerating. In fact, as unbelievable as it might seem, we might be coming out of a time of relative technological stagnation. AI, new materials sciences, the space industry, biotech, the list goes on, with all this innovation eventually leading to deflation.

Which is just prices dropping. Which is also debt getting more expensive. Debt that the whole system is built on. So what does this lead the government to do?'

​

https://timelesscynic.substack.com/p/quietam-linquens-a-pathology-of-our-6b7

I do harbour a couple of doubts here. The first is that technology enables us to do things we never saw a need to do before, and in doing so it ties up a lot of resources, which have to be paid for. The classic example is online marketing. 20 years ago there was a great rush to get yourself a website as a sort of online brochure. This was grand, once established they just need the occasional update, then along came social media and search engines which only took notice of your site if it had a lot of traffic, suddenly, looking after a company's online presence became a full time job of its own, but one that is not productive in the strict sense of the word.

Secondly, I am not at all convinced that technology is accelerating in the way that Booth thinks. Rather, we are seeing it getting so clever that it is disappearing up its own backside with little impact on wider society. Autonomous cars have stalled, electric vehicles are under a cloud, AI is busy pissing people off and so on. We have stopped gasping in awe at the latest gadget and are now questioning the desirability of what is offered to us as never before.

On the whole I am not sure that technology has made our lives that much easier, it pampers us and makes us feel good, but I don't think it makes us any happier or more content. It can also frustrate those who do not wish, or are unable to engage with it, and it facilitates those who would wish to control us, something that is being recognised more clearly as each new 'thing' arrives like clockwork.

 

[A Man Called Charolais]

I do harbour a couple of doubts here. The first is that technology enables us to do things we never saw a need to do before, and in doing so it ties up a lot of resources, which have to be paid for. The classic example is online marketing. 20 years ago there was a great rush to get yourself a website as a sort of online brochure. This was grand, once established they just need the occasional update, then along came social media and search engines which only took notice of your site if it had a lot of traffic, suddenly, looking after a company's online presence became a full time job of its own, but one that is not productive in the strict sense of the word.

Secondly, I am not at all convinced that technology is accelerating in the way that Booth thinks. Rather, we are seeing it getting so clever that it is disappearing up its own backside with little impact on wider society. Autonomous cars have stalled, electric vehicles are under a cloud, AI is busy pissing people off and so on. We have stopped gasping in awe at the latest gadget and are now questioning the desirability of what is offered to us as never before.

On the whole I am not sure that technology has made our lives that much easier, it pampers us and makes us feel good, but I don't think it makes us any happier or more content. It can also frustrate those who do not wish, or are unable to engage with it, and it facilitates those who would wish to control us, something that is being recognised more clearly as each new 'thing' arrives like clockwork.

That's fair comment. We hear so much about the inflation-deflation "story" that it is helpful to get a few straightforward theories of it. There has to be some explanation as to why the global currencies aren't behaving like those in Weimar and Zimbabwe.

The monetarist perspective is wearing a bit thin, despite it being well grounded in historical experience - maybe things are static in an anticipation of some deep systemic change, a calm before the storm, but this storm (long predicted) is yet to descend.

Maybe they're going to try to implement a centrally planned economy, like Gosplan, with AI to calculate economic demand and the use of virtual identity to control economic units - it'll be different this time etc. But we've yet to see it and I'm not confident they are competent enough to make a credible go at it. It's easy to make a mess, not easy to successfully create a novel functional all-encompassing system.

Perhaps there's been such a growth in technology (in materials science, primary production, energy, medicine, techne, tooling and manufacturing as well information systems) that its deflationary influences are keeping hyperinflation at bay. Was this really one of the unnoticed underlying elements in Japan's deflationary environment? If you look at the conditions people were living in a century ago, ours are much improved across the board - we are much more impeded by afflictions of the spirit than by material ones these days.

Perhaps an attempt at keeping the status quo is why radically inflationary policies have been put in place by governments around the world.

 

[Declan]

Our only hope(for human freedom) is a collapse before they have the kinks of the algorithm money ironed out.

 

[A Man Called Charolais]

Our only hope(for human freedom) is a collapse before they have the kinks of the algorithm money ironed out.

I've often thought that sentiment underlay the SHTF movement - “An event or a situation that overwhelms services and resources, resulting in a collapse of civil order and society.” This is what we're seeing in the Middle East explicitly and what we presume is happening implicitly in Ukraine - it could also be seen on a street level during CHAZ and at other BLM loci, as well as in Russia during the nineties, so it's not like it isn't a real possibility - there's a long list. All those crazy videos of people being crazy - especially mobs of them - are omens of it.

Such a collapse is both overtly dreaded as a deadly ordeal and secretly desired as a potent panacea. Given that one should be careful what one wishes for, such a situation must not be induced, but a contingency should be made for it - one that does not assume that the better angels of the "I had to do it" crowd will prevail.

A collapse is precisely the environment for totalitarian regimes to grab power - Germany, Russia and China are excellent examples of this. The real difference is to be found in the quality and condition of the citizenry - that's why many are saying that the migration crisis is an overt measure to dilute a country's solidarity and competency before a push is made to close it down - for a coterie to rule without the consent of the governed, like in the good old days of absolutism.

From what I recall the international drawing rights worry was the precursor to the digital currency alarm - with the abolition of the dollar as the chief concern. It didn't go well in Nigeria but I understand that the EU is going forward with the idea. There's a digital rouble in roll-out as well. I'm sure they'd say that opposition to it is hysterical and contrarian although it certainly is a clear and present danger to the propertied and to those wedded to the idea of specie.

I think our greatest hope is events, events. That such a project (which no doubt some sections within the power structure see as desirable) is beyond the capacity of human ambition. What we can do is not to fall into dissoluteness, sloth and ignorance - if we do we will be easy prey.

 

[Mad as Fish]

That's fair comment. We hear so much about the inflation-deflation "story" that it is helpful to get a few straightforward theories of it. There has to be some explanation as to why the global currencies aren't behaving like those in Weimar and Zimbabwe.

The monetarist perspective is wearing a bit thin, despite it being well grounded in historical experience - maybe things are static in an anticipation of some deep systemic change, a calm before the storm, but this storm (long predicted) is yet to descend.

Maybe they're going to try to implement a centrally planned economy, like Gosplan, with AI to calculate economic demand and the use of virtual identity to control economic units - it'll be different this time etc. But we've yet to see it and I'm not confident they are competent enough to make a credible go at it. It's easy to make a mess, not easy to successfully create a novel functional all-encompassing system.

Perhaps there's been such a growth in technology (in materials science, primary production, energy, medicine, techne, tooling and manufacturing as well information systems) that its deflationary influences are keeping hyperinflation at bay. Was this really one of the unnoticed underlying elements in Japan's deflationary environment? If you look at the conditions people were living in a century ago, ours are much improved across the board - we are much more impeded by afflictions of the spirit than by material ones these days.

Perhaps an attempt at keeping the status quo is why radically inflationary policies have been put in place by governments around the world.

What intrigues me about much of the discussion around world events is the belief that there is tiny, but all powerful faction that are plotting and planning and pulling the levers and all falls into place. Life is never tidy enough that plans work out as intended, and within any faction there are conflicts and disagreements. If it is actually the case that an elite controls world events then how is that they operate so harmoniously with no visible sign of disunity?

I rather suspect that it is the case that there exists a convergence of interests amongst the powerful players, and the players are first and foremost moneymen, and this convergence builds a momentum that can be felt if not articulated. It is a corporate structure, but hidden from public view, behind masonic walls perhaps. Unfortunately, this makes it harder to defeat for there is not one head of the beast, but many tentacles and simply lopping one off encourages others to grow. If we were to nuke the WEF would it alter the course of events? I'm not at all sure that it would.

Once there is this degree of coordination amongst the top players then legacy economics will fail as there is a force that simply overrides them. The collapse of China has been forecast for years, but nothing happens, there is a power that simply overcomes it by ignoring the issues. Maybe, one day, it will all get too much and reality will bite back, but I really see no sign of that happening anywhere.

 

[Declan]

I've often thought that sentiment underlay the SHTF movement - “An event or a situation that overwhelms services and resources, resulting in a collapse of civil order and society.” This is what we're seeing in the Middle East explicitly and what we presume is happening implicitly in Ukraine - it could also be seen on a street level during CHAZ and at other BLM loci, as well as in Russia during the nineties, so it's not like it isn't a real possibility - there's a long list. All those crazy videos of people being crazy - especially mobs of them - are omens of it.

Such a collapse is both overtly dreaded as a deadly ordeal and secretly desired as a potent panacea. Given that one should be careful what one wishes for, such a situation must not be induced, but a contingency should be made for it - one that does not assume that the better angels of the "I had to do it" crowd will prevail.

A collapse is precisely the environment for totalitarian regimes to grab power - Germany, Russia and China are excellent examples of this. The real difference is to be found in the quality and condition of the citizenry - that's why many are saying that the migration crisis is an overt measure to dilute a country's solidarity and competency before a push is made to close it down - for a coterie to rule without the consent of the governed, like in the good old days of absolutism.

From what I recall the international drawing rights worry was the precursor to the digital currency alarm - with the abolition of the dollar as the chief concern. It didn't go well in Nigeria but I understand that the EU is going forward with the idea. There's a digital rouble in roll-out as well. I'm sure they'd say that opposition to it is hysterical and contrarian although it certainly is a clear and present danger to the propertied and to those wedded to the idea of specie.

I think our greatest hope is events, events. That such a project (which no doubt some sections within the power structure see as desirable) is beyond the capacity of human ambition. What we can do is not to fall into dissoluteness, sloth and ignorance - if we do we will be easy prey.

The dilution is clear.

And now that legalized theft is like a spreading cancers, metatizing from the well known shit hole cities.

I think the only survival is gated communities of like minded people with a serious ruthless streak.

 

[A Man Called Charolais]

What intrigues me about much of the discussion around world events is the belief that there is tiny, but all powerful faction that are plotting and planning and pulling the levers and all falls into place. Life is never tidy enough that plans work out as intended, and within any faction there are conflicts and disagreements. If it is actually the case that an elite controls world events then how is that they operate so harmoniously with no visible sign of disunity?

I rather suspect that it is the case that there exists a convergence of interests amongst the powerful players, and the players are first and foremost moneymen, and this convergence builds a momentum that can be felt if not articulated. It is a corporate structure, but hidden from public view, behind masonic walls perhaps. Unfortunately, this makes it harder to defeat for there is not one head of the beast, but many tentacles and simply lopping one off encourages others to grow. If we were to nuke the WEF would it alter the course of events? I'm not at all sure that it would.

Once there is this degree of coordination amongst the top players then legacy economics will fail as there is a force that simply overrides them. The collapse of China has been forecast for years, but nothing happens, there is a power that simply overcomes it by ignoring the issues. Maybe, one day, it will all get too much and reality will bite back, but I really see no sign of that happening anywhere.

Spengler spoke about the rise of money as a mode of consciousness that commodified everything - I suppose like the Borg in Star Trek or the Replicators in Star Gate. Spengler published in 1922, before the greatest of tumults. I think the civilisation that he was declaring the decline of was the Christian one rather than that of the secular West. Instead the secular West was a symptom of this decline (the triumph of the despair of Faustianism or something along these lines). His work can't be described in a couple of sentences - it comes from a time of more accomplished scholarship.

From this commodification we can draw a parallel to ideological possession. This is what totalising ideologies do - they try to integrate and reconstitute everything within their reach into the definition mandated by the ideology. So, Kulaks become the bourgeois enemies of the state etc. Nothing can be left well enough alone.

There is no stable state because the products of nature contradict the fictions of the thought process and this is, apparently, intolerable - it leads to a cognitive dissonance that agitates further coercive "assimilation". Anything that contradicts the precepts of the ideology must be destroyed or salted - so drag queens must engage in burlesque performances for other people's children etc.

Thus, the motive element here is a thought virus rather than a concoction of fiends - think of Dawkins Selfish Gene theory except within ideological or identity terms. So those who propagate the ideology are agents of it, are subject to it themselves, and are incomplete parts of it. That would explain why there is no determinate centre - rather it is a distributed system where logic drives the human components rather than some instructions from "Spectre".

There may indeed be a Spectre like organisation but it is a catspaw of the ideology and its components aren't Ubermensch - they're quite the contrary. Note here the deterioration of human talent of those subject to ideological possession, which is why there must be a constant acquisition of new grist - old hands may perfect dissimulation via disassociation but this is at the cost of their native genius. So, for example, libtards can't meme - they can only manage veneers. Thus they operate at a reduced capacity - the revolt of their inner self to this possession punishes them with a psychology of failure - which may be violent or insipid - and is something they contage with intensity, whenever possible, as a vindictive respite.

So, dropping a fuel-air explosive on the Bohemian Grove (or whatever) would not put an end to it. There has to be alternative methods used - those persons who occupy the highest ranks in some secretive society are only pawns who may be replaced by pawns lower down their hierarchy with some ease. Take the observation that Hamas cannot be defeated by the IDF as it is a system of ideas and experiences rather than merely a collection of individuals (I mention the conflict in the Middle East only as an illustrative example). Or take the problem of eradicating the 'Ndrangheta. Certainly there are battles to be won - the war against the Nazis had to be fought to a conclusion - but the victory can only be secured by winning the peace. The Cold War saw the decline and fall of Sovietism not through exchanges of fire but through a greater flourishing in the Western sphere.

This contemporary great canker on the Tree of Life cannot be extinguished through a mere hacking away driven by violent fantasy. It can only be truly overcome by defusing its glamour and revealing it for what it is - a whole lot of stupid. This is why they are so keen to reduce the freedom of speech.. To contest with this stupid requires the exercise of activity, virtue and wisdom by those that would see it reduced. It also requires the promulgation of functional alternatives.

So, I agree with you (in so many words).

 

[A Man Called Charolais]

The dilution is clear.

And now that legalized theft is like a spreading cancers, metatizing from the well known shit hole cities.

I think the only survival is gated communities of like minded people with a serious ruthless streak.

Ever see this? It's like 3 hours long but it is a post-apocalyptic vision of America made before "everything is gay" Hollywood. It has a liberal tint but it does create quite a plausible scenario.

Can be viewed free below but the Ruskies may be watching if you use it.

https://ok.ru/video/255655545407

Can you imagine millennials weeding a ten acre field of turnips?

 

[Declan]

Ever see this? It's like 3 hours long but it is a post-apocalyptic vision of America made before "everything is gay" Hollywood. It has a liberal tint but it does create quite a plausible scenario.

Can be viewed free below but the Ruskies may be watching if you use it.

https://ok.ru/video/255655545407

Can you imagine millennials weeding a ten acre field of turnips?

That is a lot of turnips, and I know about them. I will risk watching. But my earning for today is not yet complete

 

[Coal Gas and peat]

Varadkar says Ireland needs to 'slow the flow' of Ukrainian refugees | BreakingNews

The Taoiseach said economic migration numbers are already controlled by work permits and visas.

www.breakingnews.ie

The mood music seems to be changing


Speaking on Sunday afternoon, Leo Varadkar said that Ireland's offering to incoming Ukrainian and other refugees would have to change because it was not feasible to continue to take in people with no limits.

 

[AUL LAD]

What intrigues me about much of the discussion around world events is the belief that there is tiny, but all powerful faction that are plotting and planning and pulling the levers and all falls into place. Life is never tidy enough that plans work out as intended, and within any faction there are conflicts and disagreements. If it is actually the case that an elite controls world events then how is that they operate so harmoniously with no visible sign of disunity?

I rather suspect that it is the case that there exists a convergence of interests amongst the powerful players, and the players are first and foremost moneymen, and this convergence builds a momentum that can be felt if not articulated. It is a corporate structure, but hidden from public view, behind masonic walls perhaps. Unfortunately, this makes it harder to defeat for there is not one head of the beast, but many tentacles and simply lopping one off encourages others to grow. If we were to nuke the WEF would it alter the course of events? I'm not at all sure that it would.

Once there is this degree of coordination amongst the top players then legacy economics will fail as there is a force that simply overrides them. The collapse of China has been forecast for years, but nothing happens, there is a power that simply overcomes it by ignoring the issues. Maybe, one day, it will all get too much and reality will bite back, but I really see no sign of that happening anywhere.

From one office in Manhatten the federal reserve was founded PAUL WARBURG PARTNER the Japanese Russian war was funded and waged successfully to weaken the Tsar before the same office and partner JACOB SCHIFF paid trotsky to start the Russian revolution,
from the same office a thousand other decisions were taken including the signing and design of the WW1. Armistice which led to WW2.
and which caused the insane wimar inflation where houses were sold to buy bread .
The Armistice was signed by brothers Paul Warburg Usa and his brother. Max Warburg head of German military intelligence.
The firm was owned by the rothchild family .
When the lion of Wall St jp Morgan died... there was a major shock.
It emerged he only owned 16% of jp Morgan the remaining shares were rothschild this man who guided the American government during the crash of 29 where like the wimar Republic the economy was collapsed to a level beyond insanity in order to buy anything of value for nothing.
You will recall the reason. Given for founding the privately owned federal reserve was that it would end all crashes of the economy.
I currently have a copy of the financial Times where it states boldly on the front page CITY STRENGTHENS MAYS HAND IN TALKS, this underneath clearly stated that THE AMERICAN FINANCIAL ECONOMY WAS RUN AND CONTROLLED FROM THE CITY OF LONDON.
If you or I said that they would say we were conspiracy nutters.
The club which controls everything is quite small.

 

[jpc]

Spengler spoke about the rise of money as a mode of consciousness that commodified everything - I suppose like the Borg in Star Trek or the Replicators in Star Gate. Spengler published in 1922, before the greatest of tumults. I think the civilisation that he was declaring the decline of was the Christian one rather than that of the secular West. Instead the secular West was a symptom of this decline (the triumph of the despair of Faustianism or something along these lines). His work can't be described in a couple of sentences - it comes from a time of more accomplished scholarship.

From this commodification we can draw a parallel to ideological possession. This is what totalising ideologies do - they try to integrate and reconstitute everything within their reach into the definition mandated by the ideology. So, Kulaks become the bourgeois enemies of the state etc. Nothing can be left well enough alone.

There is no stable state because the products of nature contradict the fictions of the thought process and this is, apparently, intolerable - it leads to a cognitive dissonance that agitates further coercive "assimilation". Anything that contradicts the precepts of the ideology must be destroyed or salted - so drag queens must engage in burlesque performances for other people's children etc.

Thus, the motive element here is a thought virus rather than a concoction of fiends - think of Dawkins Selfish Gene theory except within ideological or identity terms. So those who propagate the ideology are agents of it, are subject to it themselves, and are incomplete parts of it. That would explain why there is no determinate centre - rather it is a distributed system where logic drives the human components rather than some instructions from "Spectre".

There may indeed be a Spectre like organisation but it is a catspaw of the ideology and its components aren't Ubermensch - they're quite the contrary. Note here the deterioration of human talent of those subject to ideological possession, which is why there must be a constant acquisition of new grist - old hands may perfect dissimulation via disassociation but this is at the cost of their native genius. So, for example, libtards can't meme - they can only manage veneers. Thus they operate at a reduced capacity - the revolt of their inner self to this possession punishes them with a psychology of failure - which may be violent or insipid - and is something they contage with intensity, whenever possible, as a vindictive respite.

So, dropping a fuel-air explosive on the Bohemian Grove (or whatever) would not put an end to it. There has to be alternative methods used - those persons who occupy the highest ranks in some secretive society are only pawns who may be replaced by pawns lower down their hierarchy with some ease. Take the observation that Hamas cannot be defeated by the IDF as it is a system of ideas and experiences rather than merely a collection of individuals (I mention the conflict in the Middle East only as an illustrative example). Or take the problem of eradicating the 'Ndrangheta. Certainly there are battles to be won - the war against the Nazis had to be fought to a conclusion - but the victory can only be secured by winning the peace. The Cold War saw the decline and fall of Sovietism not through exchanges of fire but through a greater flourishing in the Western sphere.

This contemporary great canker on the Tree of Life cannot be extinguished through a mere hacking away driven by violent fantasy. It can only be truly overcome by defusing its glamour and revealing it for what it is - a whole lot of stupid. This is why they are so keen to reduce the freedom of speech.. To contest with this stupid requires the exercise of activity, virtue and wisdom by those that would see it reduced. It also requires the promulgation of functional alternatives.

So, I agree with you (in so many words).

The Cold War saw the decline and fall of Sovietism not through exchanges of fire but through a greater flourishing in the Western sphere

The moment the USSR collapsed.
The necessity to improve the quality of worker's lives in the western world stopped almost immediately.
Hence globalism and every other ism commenced.
Thatcher kicked it off but no competition ideology wise.
Set the course to where we are now.
China was meant to buy in.
Given all the fdi.
Russia the gas and resources depot.
But they had other idea's.

 

[bormotello]

There are more reasons for Euro's decline than the cheap yuan

Cheap yuan catapults China to second-biggest trade funding currency

Global companies are making a beeline for China's debt markets, issuing record amounts of yuan-denominated bonds and borrowing heavily from mainland banks, capitalising on rock-bottom yuan interest rates as funding costs elsewhere jump.

www.reuters.com

 

[AUL LAD]

Interesting explanation.


'The government loves inflation. This is because it’s meant to stimulate economic activity by favoring debtors.

Basically, inflation is an increase in money. The more money in circulation, the less valuable each dollar is. If inflation is always increasing at some level, say 2%, then a loan you take out today is cheaper to pay back tomorrow because the money you took it out in is worth less.

From the government’s point of view, this creates activity because there’s more money so loans are easier for people to get, making risky ventures like starting a business easier to jump into, and those loans are easier to pay back, which also helps the government because it borrows a lot.

Deflation from this point of view is really, really bad. It means there’s less money in circulation, so each dollar gains in value, so people don’t loan it out so easily and the price of a loan you take out today is worth more tomorrow. That’s painful for anyone who owes money.

Our entire economy is built on credit, which is just a fancy finance term for “owing money.” So it stands to reason that deflation is painful for the whole system. So painful, in fact, that the government will fight against deflation no matter what.

Unfortunately for all of us, according to Booth, we live in a world of growing technological innovation that the government can’t and won’t stop. And that innovation naturally creates deflation.

The iPhone represents more than a dozen gadgets that in 1980 would’ve cost you thousands of dollars. It also features things you could never do in 1980, like GPS. And yet it fits in your pocket and you can buy one for, at most, $1k. Ditto for laptops and all sorts of other stuff.

As Booth points out, tech innovation is only accelerating. In fact, as unbelievable as it might seem, we might be coming out of a time of relative technological stagnation. AI, new materials sciences, the space industry, biotech, the list goes on, with all this innovation eventually leading to deflation.

Which is just prices dropping. Which is also debt getting more expensive. Debt that the whole system is built on. So what does this lead the government to do?'

​

https://timelesscynic.substack.com/p/quietam-linquens-a-pathology-of-our-6b7

Inflation is caused by those who own and control the commodities charging more for the goods they own or control .
nobody is allowed to study German economics during Hitlers time .
i have studied economics in secondary school and no where in the curriculum was the successful policies of Gottfreid Feder discussed .
there are miles of barbed wire thrown around this it is called the holocaust and you dare not go through the wire to look at what is within.
you would see a economy which the world rulers declared war on on the 27th march 1933 see JUDEA DECLARES WAR ON GERMANY headlines on google .
this Germany totally sanctioned and surrounded and ostracized from any banking services worldwide to crush their economic system they invented for their survival,
and this was so alarming to the people who controlled their currency/economy that they declared war on them and stated in 1933 GERMANY MUST BE DESTROYED -- not their army destroyed or their government no ---- every living thing must be destroyed .
you ask what incredible crime did the Germans commit --these people had no gold as it had been taken by Paul Warburgs WW1 terms and conditions .
they had nothing to back their currency except the German people --- YET it then took the combined economies and armies of the world to defeat them such was the power of THEIR economic system .
Germany was destroyed and its engine Gottfreid Feders economics was dismantled and never discussed or permitted to be used again .
the most remarkable -most successful economy in the history of the world is not alone not studied but not permitted to be studied anywhere .
the only person to make an attempt to use his methods was himself destroyed along with his country when he announced the issuing of the north Africian dinar currency backed with 190 tons of gold and 300 tons of silver which was then stolen from Libya and is now believed to be in new York .
Libya had the highest GDP in Africia and had free primary and secondary and university education -- Gadaffy stated he would continue to live in a tent with his extended family until every Libian had been housed -- he did the most expensive and the greatest public water projects in the world by sending pipes you could drive buses through across the desert bring water and wealth to those who had none .
these north Africians had a medical card and a higher share of the countries wealth than any Americian or European society --it had to be destroyed also as it did not permit the owners of commodities/banking to rob the economy through inflation like Germany 1933.

 

[Declan]

From one office in Manhatten the federal reserve was founded PAUL WARBURG PARTNER the Japanese Russian war was funded and waged successfully to weaken the Tsar before the same office and partner JACOB SCHIFF paid trotsky to start the Russian revolution,
from the same office a thousand other decisions were taken including the signing and design of the WW1. Armistice which led to WW2.
and which caused the insane wimar inflation where houses were sold to buy bread .
The Armistice was signed by brothers Paul Warburg Usa and his brother. Max Warburg head of German military intelligence.
The firm was owned by the rothchild family .
When the lion of Wall St jp Morgan died... there was a major shock.
It emerged he only owned 16% of jp Morgan the remaining shares were rothschild this man who guided the American government during the crash of 29 where like the wimar Republic the economy was collapsed to a level beyond insanity in order to buy anything of value for nothing.
You will recall the reason. Given for founding the privately owned federal reserve was that it would end all crashes of the economy.
I currently have a copy of the financial Times where it states boldly on the front page CITY STRENGTHENS MAYS HAND IN TALKS, this underneath clearly stated that THE AMERICAN FINANCIAL ECONOMY WAS RUN AND CONTROLLED FROM THE CITY OF LONDON.
If you or I said that they would say we were conspiracy nutters.
The club which controls everything is quite small.

100%.

And I especially like the part pointing g out that when Morgan died, everyone was astounded to learn that this "financial titan" did not have all that much money at all himself, but controlled a lot and held the bully pulpit.

 

[A Man Called Charolais]

There are more reasons for Euro's decline than the cheap yuan

Cheap yuan catapults China to second-biggest trade funding currency

Global companies are making a beeline for China's debt markets, issuing record amounts of yuan-denominated bonds and borrowing heavily from mainland banks, capitalising on rock-bottom yuan interest rates as funding costs elsewhere jump.

www.reuters.com

​

Of course it may be more propaganda. Does it add context to Xi's recent trip?

 

[Declan]

I have not bought (for myself) silver coins in years and years, but I will start buying as soon as the 2024 silver eagles become available, hand over fist.

 

[Mad as Fish]

​

Of course it may be more propaganda. Does it add context to Xi's recent trip?

I was over at a major European trade fare recently and there wasn't the Chinese presence of last time I attended. In past events they have all gathered together in the same area to sell components and digital tech, but this year there wasn't a 'China quarter' at all. No idea why.

 

[PlunkettsGhost]

Rubino says, “If the U.S. government is running crisis level deficits, which it is right now, borrowing money and paying interest on it means we are in a financial death spiral.

U.S. Financial Death Spiral – John Rubino | Greg Hunter’s USAWatchdog

By Greg Hunter’s USAWatchdog.com (Saturday Night Post) Analyst and financial writer John Rubino has a new warning about being fooled into thinking the economy is improving because inflation and interest rates have fallen some recently. Rubino says, “If the U.S. government is running crisis level...

usawatchdog.com

 

[PlunkettsGhost]

I was over at a major European trade fare recently and there wasn't the Chinese presence of last time I attended. In past events they have all gathered together in the same area to sell components and digital tech, but this year there wasn't a 'China quarter' at all. No idea why.

China knows the West is in a death spiral . No point cultivating a financial graveyard

 

[A Man Called Charolais]

I have not bought (for myself) silver coins in years and years, but I will start buying as soon as the 2024 silver eagles become available, hand over fist.

For routine transactions, silver is the metal to use. It's a potential parallel currency - gold is just too valuable per coin. Its mass distribution is something that should be encouraged.

Just thinking about your mint (nice coin), perhaps one day it will be a token the the free underground - you should have another look at it (with one of those silver certificates of course). Should have gotten one of those Jones' coins when they were 40% off - a My Pillow is a bit bulky.

 

[Declan]

For routine transactions, silver is the metal to use. It's a potential parallel currency - gold is just too valuable per coin. Its mass distribution is something that should be encouraged.

Just thinking about your mint (nice coin), perhaps one day it will be a token the the free underground - you should have another look at it (with one of those silver certificates of course). Should have gotten one of those Jones' coins when they were 40% off - a My Pillow is a bit bulky.

In 2024 I will do a new coin based on The Children of Lir.

 

[Coal Gas and peat]

In 2024 I will do a new coin based on The Children of Lir.

Did you consider doing a coin based on the head of @valamhic

 

[PlunkettsGhost]

ZeroHedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

www.zerohedge.com

 

[Declan]

Did you consider doing a coin based on the head of @valamhic

Amazingly enough, no.

 

[AUL LAD]

100%.

And I especially like the part pointing g out that when Morgan died, everyone was astounded to learn that this "financial titan" did not have all that much money at all himself, but controlled a lot and held the bully pulpit.

because it appeared that JP Morgan was the oracle of good sense and forward planning in times of chaos and he was recognized as a real aggressive and ruthless true AMERICAN ,
somebody who clearly meant business and knew how to do the business he meant to do ---- this very public aggression this public sure touch --this public confidence and being able to announce in advance his aims and ambitions which people stood with their mouths agape as he made good on his promises in a giant soup blender of an economy being poured down the toilet .
this singular giant lighthouse of American hope which was carefully constructed to light the way out of the giant mess --. was owned --
nobody could imagine the owners of JP Morgan carefully created the giant mess in order to buy up all the small banks of America to ""RESCUE"" them and proceeded to buy up all the assets for cents as THEY printed the money to buy them .
the carefully created sure touch of JP Morgan was a joke --- nobody knew who owned the deck of cards or who dealt the hand JP played in the game only the Rothschilds knew what game was being played .
it dawned on America when they read his probate that they had been spooked to follow ""THE TITAN OF WALL ST"" as they were fleeced of their wealth and their country destroyed and starvation and suicide caused on the richest country on earth --
such was the pitiless greed of the bankers who did not spare a moment considering the lives/deaths of the goyiem/cattle.
a short few years later this supposedly smart country was used to defeat Germany and the population were INSTRUCTED to sell their jewellery sell anything of value and eat less do not buy a new dress do without and give all you can for the purchase of WAR BONDS .
Not a single soul in America said wait a minute its our currency why not just print our own money if we need it --why do we have to BUY our own money and pay interest from taxation by BUYING BONDS .
the war bonds raised 185 billion and had an interest of 2.9% pa paid by taxation on those who had bought the bonds which provided extra money to destroy Germany .
the bonds were originated by Henry Morgenthau a German born Jewish secretary of the USA treasury on the 1st of march 1935 who was also chairman of the federal reserve which was controlled by the new York federal reserve bank which had the Rothchilds/ Warburgs/Schiff families as the controlling interests all of whom Jewish and were intermarried .
the war bonds preceded the USA entry into the war which shows the planning involved and by who ---and before the war ended Morgenthau designed the Morgenthau plan to DESTROY Germany and turn it into a potato patch devoid of any industry or ability to feed itself --- this plan was stated to be so extreme by USA generals they complained it was worth 10 divisions to Germany as the people realised the jews would starve them after the war .
the revenge on germans for daring to "" commit their greatest mistake of leaving the INTERNATIONAL MONEY SYSTEM "" Quote by churchill.
this revenge was crushing and had to be a lesson for all states for all time DO NOT TRY AND GET RID OF THE PARASITES IT WILL BE FATAL.

 

[clarke-connolly]

When People write really long posts = = Why do't they put a Summary Paragraph at the End or Even the Beginning ?

Maybe if the Summary Paragraph was Very Good then a Poster might read the long Post.

Or at least make the first sentence or two and the last sentence or two interesting, and a sort of summation = = Thanks.

 

[AUL LAD]

When People write really long posts = = Why do't they put a Summary Paragraph at the End or Even the Beginning ?

Maybe if the Summary Paragraph was Very Good then a Poster might read the long Post.

Or at least make the first sentence or two and the last sentence or two interesting, and a sort of summation = = Thanks.

you are used to a sentence on your phone to explain what 6-7 books generally are required to explain properly ,
and i only read and post on this site from a 50 inch discarded telly which has a VGA plug on the back and allows me a large PC monitor for 40 euros where i can read any text from 10ft away as my elderly commonsense demands i can do .
how you are going to carry a 50inch telly in your pocket is your problem don't expect us to save you .

 

[clarke-connolly]

you are used to a sentence on your phone to explain what 6-7 books generally are required to explain properly ,
and i only read and post on this site from a 50 inch discarded telly which has a VGA plug on the back and allows me a large PC monitor for 40 euros where i can read any text from 10ft away as my elderly commonsense demands i can do .
how you are going to carry a 50inch telly in your pocket is your problem don't expect us to save you .

Good succinct post.

 

[A Man Called Charolais]

In 2024 I will do a new coin based on The Children of Lir.

Took me a while.

i ndorchacht an èadòchais rinneadh aisling dùinn.
lasaman aolas an dòchais.
agus nìor mùchadh è.
i dhfàsach an lagmhisinigh rinneadh aisling dùinn.
chuircaman crann na crògachta.
agus thàinig blàth air.
i ngeimhreadh na daoirse rinneadh aisling dùinn.
mheileaman sneachta na tàimhe.
agus rith abhann na hathdheochana as.
chuireaman àr n-aisling ag snàmh mar cala ar an abhainn.
rinneadh pìrinne den aisling.
rinneadh samhradh den theimhreadh.
rinneadh saoirse den daoirse.
agus d’fhàgamar agaibhse mar aidhreacht ì.
a ghlùnta na saoirse cuimhnìgì orainne, glùnta na haislinge…
liam mac uistìn


NOUS AVONS EU UNE VISION

DANS LES TENEBRES DU DESESPOIR NOUS AVONS EU UNE VISION . NOUS
AVONS ALLUME LA LUMIERE DE L’ESPERANCE . ET ELLE NE S’EST PAS
ETEINTE .
DANS LE DESERT DU DECOURAGEMENT NOS AVONS EU UNE VISION . NOUS
AVONS PLANTE L’ARBRE DE LA VAILLAINCE . ET IL A FLEURI .
DANS L’HIVER DE LA SERVITUDE NOUS AVONS EU UNE VISION . NOUS
AVONS FAIT FONDRE LA NEIGE DE LA LETHARGIE . ET LE FLEUVE DE LA
RESURRECTION EN A JAILLI.
NOUS AVONS FAIT VOGUER NOTRE VISION COMME UN CYGNE SUR LE
FLEUVE . LA VISION EST DEVENUE REALITE . L’HIVER EST DEVENU L‘ETE .
LA SERVITUDE EST DEVENUE LIBERTE, ET CETTE LIBERTE NOUS VOUS
L’AVONS LEGUEE EN HERITAGE.
O GENERATIONS DE LA LIBERTE, SOUVENEZ-VOUS DE NOUS, LES
GENERATIONS DE LA VISION.


WE SAW A VISION

IN THE DARKNESS OF DESPAIR WE SAW A VISION . WE LIT THE LIGHT OF
HOPE . AND IT WAS NOT EXTINGUISHED . IN THE DESERT OF DISCOURAGEMENT
WE SAW A VISION . WE PLANTED THE TREE OF VALOUR AND IT
BLOSSOMED.
IN THE WINTER OF BONDAGE WE SAW A VISION . WE MELTED THE SNOW
OF LETHARGY AND THE RIVER OF RESURRECTION FLOWED FROM IT.
WE SENT OUR VISION ASWIM LIKE A SWAN ON THE RIVER . THE VISION
BECAME A REALITY . WINTER BECAME SUMMER . BONDAGE BECAME
FREEDOM . AND THIS WE LEFT TO YOU AS OUR INHERITANCE.
O GENERATIONS OF FREEDOM REMEMBER US . THE GENERATIONS OF
THE VISION.​

https://www.irishwarmemorials.ie/pdf/273.pdf


What was that Ron Paul song again?

 

[Declan]

because it appeared that JP Morgan was the oracle of good sense and forward planning in times of chaos and he was recognized as a real aggressive and ruthless true AMERICAN ,
somebody who clearly meant business and knew how to do the business he meant to do ---- this very public aggression this public sure touch --this public confidence and being able to announce in advance his aims and ambitions which people stood with their mouths agape as he made good on his promises in a giant soup blender of an economy being poured down the toilet .
this singular giant lighthouse of American hope which was carefully constructed to light the way out of the giant mess --. was owned --
nobody could imagine the owners of JP Morgan carefully created the giant mess in order to buy up all the small banks of America to ""RESCUE"" them and proceeded to buy up all the assets for cents as THEY printed the money to buy them .
the carefully created sure touch of JP Morgan was a joke --- nobody knew who owned the deck of cards or who dealt the hand JP played in the game only the Rothschilds knew what game was being played .
it dawned on America when they read his probate that they had been spooked to follow ""THE TITAN OF WALL ST"" as they were fleeced of their wealth and their country destroyed and starvation and suicide caused on the richest country on earth --
such was the pitiless greed of the bankers who did not spare a moment considering the lives/deaths of the goyiem/cattle.
a short few years later this supposedly smart country was used to defeat Germany and the population were INSTRUCTED to sell their jewellery sell anything of value and eat less do not buy a new dress do without and give all you can for the purchase of WAR BONDS .
Not a single soul in America said wait a minute its our currency why not just print our own money if we need it --why do we have to BUY our own money and pay interest from taxation by BUYING BONDS .
the war bonds raised 185 billion and had an interest of 2.9% pa paid by taxation on those who had bought the bonds which provided extra money to destroy Germany .
the bonds were originated by Henry Morgenthau a German born Jewish secretary of the USA treasury on the 1st of march 1935 who was also chairman of the federal reserve which was controlled by the new York federal reserve bank which had the Rothchilds/ Warburgs/Schiff families as the controlling interests all of whom Jewish and were intermarried .
the war bonds preceded the USA entry into the war which shows the planning involved and by who ---and before the war ended Morgenthau designed the Morgenthau plan to DESTROY Germany and turn it into a potato patch devoid of any industry or ability to feed itself --- this plan was stated to be so extreme by USA generals they complained it was worth 10 divisions to Germany as the people realised the jews would starve them after the war .
the revenge on germans for daring to "" commit their greatest mistake of leaving the INTERNATIONAL MONEY SYSTEM "" Quote by churchill.
this revenge was crushing and had to be a lesson for all states for all time DO NOT TRY AND GET RID OF THE PARASITES IT WILL BE FATAL.

Good post.
About 50 years before that , Lincoln when faced with something like a 19% interest rate from the London based banks instead did as you mentioned. He issued his own currency which were known as Greenbacks. But had to do so much to pay for the civil war that they lost their value.

Greenbacks are not the best option imo but fully backed currency and a balanced budget. But it is a hell of a lot better than this debt based currency issued by private and hidden banking houses(families).

 

[Declan]

What was that Ron Paul song again?

View: https://youtu.be/KNKHnVjIJM8?si=T2XJ5KWBL9uEBqji



Time to introduce a bit of rap.



I cant easily find the best video of the campaign but I will look.

 

[A Man Called Charolais]

View: https://youtu.be/KNKHnVjIJM8?si=T2XJ5KWBL9uEBqji



Time to introduce a bit of rap.



I cant easily find the best video of the campaign but I will look.

Here's one from the vault. I wonder how much they would cost in nowaday's money.

Lowest price available, but certainly worth more than the melt price:

A thousand silver dimes ($1.58 ea) $1,580
Four hundred silver quarters ($3.97 ea) $1,588
Two hundred silver dollars ($21.54 ea) $4,308
Twenty silver eagles ($29.82 ea) $596.40
Five $5 gold eagles ($294 ea) $1,470
On $10 gold eagle ($570 ea) $570
Total: $10,112.40

Adjusting for inflation of $1,675 from 1985 (estimated date of ad) to today gets $4,789.49. He might have been on to something.

​

Just to recall what it was like to watch the rise of the political constitutionalism in the dark times that seem of yore.

​

Ron Paul saved my hope, and made it adamantine. I understood what was going on at the time.

 

[Declan]

Here's one from the vault. I wonder how much they would cost in nowaday's money.

Lowest price available, but certainly worth more than the melt price:

A thousand silver dimes ($1.58 ea) $1,580
Four hundred silver quarters ($3.97 ea) $1,588
Two hundred silver dollars ($21.54 ea) $4,308
Twenty silver eagles ($29.82 ea) $596.40
Five $5 gold eagles ($294 ea) $1,470
On $10 gold eagle ($570 ea) $570
Total: $10,112.40

Adjusting for inflation of $1,675 from 1985 (estimated date of ad) to today gets $4,789.49. He might have been on to something.

​

Just to recall what it was like to watch the rise of the political constitutionalism in the dark times that seem of yore.

​

Ron Paul saved my hope, and made it adamantine. I understood what was going on at the time.

I have started a thread on him and 2 others to be added and unlocked when I have a bit of time later