Author
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Topic: The end of money
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SDragon Moderator Posts: 657 From: Toronto, Ontario, Canada Registered: Sep 2012
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posted July 03, 2015 09:06 AM
I decided to share a kind of coles note's version of what I see happening, based on facts and my understanding of the 'bigger picture'. If I help even one person broaden their viewpoint or make them think about the future, I'll consider having done my job.------------- Money, yours and mine Money, in short, the Dollar as most will refer to is supposed to be a societal 'agreed' upon measure of your labor. Thus, you get paid a certain amount for work that you've done based on your skill level. Whether that be $11/hour or $24/hour, when you get that Dollar, or have Money - you should be able to say with fair confidence that that value will retain itself and be able to purchase something of equal productive value in the future. Now, let's say Joe goes to the bank and borrows $24 (takes a loan, ie. owns debt). Supposedly Joe has the same value of money that you have, but he does two things to the 'economy'. First, he appears to have the same $24 you have and thus can compete with you in purchasing anything, thereby potentially creating a false demand (forcing prices to increase), but Joe also introduces a debt instrument via interest that ultimately creates a black hole for Money. Essentially, debt instruments are deflationary and thus result in less Money for everyone else. ------------- Money, not yours and mine but yours and mine So, let's say that we run a central bank. We understand that debt is deflationary in a sense because it takes more money to service the debt, but we believe we need it to create growth and prosperity. So we drop interest rates to encourage more borrowing and flood banks with the extra 'Money'. But it's not Money, it's debt, which even if more people borrow it, it still drains the economy and is deflationary in the long-run. Whether people understand it or not, it's the invisible spider web that touches everything and we're quickly approaching the tipping point. We all know there's something wrong with the system, but we don't know how to fix it or what we can do about it. This is referred to as the 'pushing on string' model that all central banks around the world are having to deal with as people start to walk away from debt or find that the majority of the Money they have is going towards paying off debt and thus the 'velocity of money' starts to decrease drastically - again, deflationary. ------------- Hitler did not hate Jews, but most Germans did And therefore Hitler used it as a vehicle to unify Germany with a common cause. Why did they need a common cause? It's explained in the book "When Money Dies". After WW1, the Allies, mainly France and Britain, continued to dictate the War Reparation Terms and Treaties against an already humiliated and impoverished Germany. Instead of recognizing that if they wanted to see any of that money that they would need to see Germany prosper, they attempted to beat a dead horse. Thus, the decline of the German Reichsmark started from external financial pressures as well as internal money printing to create domestic growth. Over the course of the decline, the people with money and the means to save their purchasing power, mainly the Jews, eventually became the wealthy as everyone else's standard of living decreased and they started using that purchasing power as anyone would, they bought up any tangible assets they could and thus became the majority landowners, business owners, etc. As hyperinflation overtook Germany, the difference between the have and have not's became the tinder spark that ignited the Nazi movement. It's interesting to wonder whether the ECB and IMF are doing the same thing with Greece, but again the real issue is a country's sovereign debt, and the understanding that it's also deflationary in nature. ------------- The Sovereign Debt Crisis The world has been on a debt spending binge and no one wants to touch anyone else's money. Just like where Joe seemed to have $24, but was also hiding $24 in debt, countries have been doing the same thing. They've been masking their GDP growth with debt (like China) or flaunting their debt and kicking it down the road (like USA). And the banks have been the money launderers, complicit in fraud but hey, everyone else is doing it... But the debt machine is quickly starting to run it's course. Greece, Spain, Italy, Portugal, Puerto Rico, Japan, China, US. So for everyone hoping for a recovery, sorry, it's not going to happen until the debt problem is solved. Global recession and depression will occur and is needed to reboot the system and maybe the next generation will have a better understanding of finance, money, investments and debt. ------------- Owning everything and nothing at the same time Usually in a deflationary environment, cash is king. But in a sovereign debt crisis where government debt is the issue, governments can inflate at a higher rate and kill cash or they can devalue their currency resulting in the same thing. This is why the Greek population has been lining up at ATM's to grab Euro's. Because they don't have confidence in the value of a local currency and would rather lose a little purchasing power if the Euro drops than a 50% haircut. So if cash isn't safe either, tangibles? But we again face the problems of not knowing what prices have been pushed up by debt in the economy. Housing? Paintings? Gold? Stocks? ------------- Everything comes ahead to September 2015 Martin Armstrong says that his Economic Confidence Model predicts that the “Big Bang” is coming in “2015.75“. While I don't give too much weight on prophecy, doom mongering, etc, I do believe that Martin Armstrong has a unique way of seeing the interconnectedness of everything. Is the world going to end in September? No, I don't believe so, but I believe it is the tipping point when the masses lose total confidence in Government and Central Banks. Capitalistic to Socialistic economics has failed and Republic to Plutocratic government has failed and we now reap what we sow. IP: Logged |
Randall Webmaster Posts: 67470 From: Saturn next to Charmaine Registered: Apr 2009
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posted July 04, 2015 09:17 AM
Interesting.IP: Logged |
SDragon Moderator Posts: 657 From: Toronto, Ontario, Canada Registered: Sep 2012
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posted July 08, 2015 04:12 PM
Serfdom... better get used to it. Because money is all we know and the scarcity or lack of it is all we feel in today's society.If I wanted to rule the world, I believe it would go something like this. - reduce the critical thinking ability of the impressionable young people and create a culture of fear and idolization of fame and fortune through education and media (ages 1-20) - encourage student loans as a means of indebtedness that limits the true potential of young adults to thrive and prosper and taste true freedom (ages 20-30) - implode a massive housing bubble around the world, creating an indebtedness of mortgage debt at a higher interest rate (ages 25-50) - force higher interest rates to default governments and local municipalities, creating a demand to pay a false debt through taxation and complicit robbery of their civilians through social security and pensions (ages 50+) The only thing in the way is that more and more people are beginning to question the validity and 'lawfulness' of paying debt towards something that is essentially created out of thin air. How is it legal for some entity or other to do this and illegal for a person or other to default on that debt as if by being born we are already bonded to a societal contract of servitude. ==================================================== Can we loosen the grip that money has on us as individuals and a society? Can we learn to appreciate our own natural abundance and inherent capabilities to self-learn, self-evolve and be productive for no other reason than that we want to. Can we find that natural self-given talent that produces for nothing but the betterment of everyone around us and for a synergistic win-win and not because of personal gain? "A musician must make music, an artist must paint, a poet must write, if he is to be ultimately at peace with himself. What a man can be, he must be" - Abraham Maslow "one truly reaches a full human condition when no longer compelled to produce by the physical necessity to sell oneself as a commodity" - Che Guevara “We should do away with the absolutely specious notion that everybody has to earn a living. It is a fact today that one in ten thousand of us can make a technological breakthrough capable of supporting all the rest. The youth of today are absolutely right in recognizing this nonsense of earning a living. We keep inventing jobs because of this false idea that everybody has to be employed at some kind of drudgery because, according to Malthusian Darwinian theory he must justify his right to exist. So we have inspectors of inspectors and people making instruments for inspectors to inspect inspectors. The true business of people should be to go back to school and think about whatever it was they were thinking about before somebody came along and told them they had to earn a living.” - R. Buckminster Fuller “All the present bureaucracies of political governments, great religious organizations, and all big businesses find that physical success for all humanity would be devastating to the perpetuation of their ongoing activities. This is because all of them are founded on the premise of ameliorating individual cases while generally exploiting on behalf of their respective political, religious, or business organizations the condition of no-where-nearly-enough-life-support-for-all and its resultant great human suffering and discontent.” - R. Buckminster Fuller IP: Logged |
Randall Webmaster Posts: 67470 From: Saturn next to Charmaine Registered: Apr 2009
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posted July 09, 2015 01:14 PM
Interesting.IP: Logged |
Randall Webmaster Posts: 67470 From: Saturn next to Charmaine Registered: Apr 2009
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posted July 21, 2015 12:41 PM
We are psychologically tied to physical money.IP: Logged |
Swanlake unregistered
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posted July 22, 2015 05:51 AM
FURTHER TO THIS . is Today's REALITY-https://vidrebel.wordpress.com/2015/07/13/either-learn-what-money-is-or-accept-mass-starvation-as-your-nations-future/ IP: Logged |
Soltze Knowflake Posts: 1143 From: Registered: Mar 2015
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posted August 24, 2015 06:58 PM
There are very interesting communities showing up in Spain that don't use Money. They function on Exchange of goods and services. I've seen about it in TV. Very interestingIP: Logged |
Randall Webmaster Posts: 67470 From: Saturn next to Charmaine Registered: Apr 2009
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posted August 25, 2015 09:58 AM
Barter! IP: Logged |
Randall Webmaster Posts: 67470 From: Saturn next to Charmaine Registered: Apr 2009
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posted August 26, 2015 09:36 AM
Not every transaction is equal, so that's how money evoloved (and so everyone didn't have to drag gold and silver with them everywhere).IP: Logged |
Randall Webmaster Posts: 67470 From: Saturn next to Charmaine Registered: Apr 2009
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posted August 27, 2015 11:40 AM
The money was valuable, because it could be exchanged for silver or gold at any time.IP: Logged |
Soltze Knowflake Posts: 1143 From: Registered: Mar 2015
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posted August 30, 2015 09:24 AM
Yeah, then it went bye bye in the 1970's :-DIP: Logged |
ilunatique Knowflake Posts: 525 From: neptune Registered: Jun 2014
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posted August 30, 2015 01:04 PM
https://www.youtube.com/watch?v=tFG_5PBl2K8IP: Logged |
Randall Webmaster Posts: 67470 From: Saturn next to Charmaine Registered: Apr 2009
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posted August 31, 2015 12:00 PM
True. Nixon.IP: Logged |
Randall Webmaster Posts: 67470 From: Saturn next to Charmaine Registered: Apr 2009
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posted August 31, 2015 12:00 PM
True. Nixon.IP: Logged |
Randall Webmaster Posts: 67470 From: Saturn next to Charmaine Registered: Apr 2009
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posted September 01, 2015 10:25 AM
I meant Nixon removed the gold standard.IP: Logged |
Randall Webmaster Posts: 67470 From: Saturn next to Charmaine Registered: Apr 2009
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posted September 02, 2015 02:03 PM
And thus created Fiat currency.IP: Logged |
Randall Webmaster Posts: 67470 From: Saturn next to Charmaine Registered: Apr 2009
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posted October 01, 2015 12:35 PM
Apple seems intent on making money disappear with Apple Pay.IP: Logged |
Randall Webmaster Posts: 67470 From: Saturn next to Charmaine Registered: Apr 2009
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posted October 02, 2015 03:34 PM
I don't use it.IP: Logged |
Randall Webmaster Posts: 67470 From: Saturn next to Charmaine Registered: Apr 2009
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posted October 03, 2015 03:00 PM
Seems risky if you lose your phone.IP: Logged |
Gabby Moderator Posts: 8738 From: Registered: Sep 2012
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posted October 03, 2015 11:02 PM
Once they microchip everyone physical money will be slowly done away with...IP: Logged |
todd Knowflake Posts: 934 From: Registered: Jun 2009
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posted October 12, 2015 05:22 PM
quote: ------------- Hitler did not hate Jews, but most Germans didAnd therefore Hitler used it as a vehicle to unify Germany with a common cause. Why did they need a common cause? It's explained in the book "When Money Dies". After WW1, the Allies, mainly France and Britain, continued to dictate the War Reparation Terms and Treaties against an already humiliated and impoverished Germany. Instead of recognizing that if they wanted to see any of that money that they would need to see Germany prosper, they attempted to beat a dead horse. Thus, the decline of the German Reichsmark started from external financial pressures as well as internal money printing to create domestic growth. Over the course of the decline, the people with money and the means to save their purchasing power, mainly the Jews, eventually became the wealthy as everyone else's standard of living decreased........[/B]
just to add to this facet... Historians all will agree that the WII was started by the Versailles treaty, the reparations were so steep that it would be impossible for the terms to be met by the germans. Yet the banker pursuit reparations which if germany ran all it factories 24 hours a day nonstop and if all of Europe stopped manufacturing anything, and buying solely from the germans, the german nation could still not met their payments. This analogy was made in a public letter by the prime minister of hungary. And he further said that if no adjustments were made , then other nations may have to reconsider “The Declaration” He he was referring to the Belfour declaration of 1917. I look to the node for historical synchronicity. the node traces these concocted wars as the WWI reparation debt was revealed on jan 24 1921 with the node at 1 scorpio 38. the veraille treaty gave birth to WWII started on sept1,1939 with the node at 0 scorpio 58. todd IP: Logged |
Randall Webmaster Posts: 67470 From: Saturn next to Charmaine Registered: Apr 2009
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posted October 13, 2015 02:38 PM
I think Christianity will rise up against the microchip.IP: Logged |
Randall Webmaster Posts: 67470 From: Saturn next to Charmaine Registered: Apr 2009
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posted October 14, 2015 03:00 PM
Christianity is going to be a big problem for the powers-that-be.IP: Logged |
Gabby Moderator Posts: 8738 From: Registered: Sep 2012
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posted October 22, 2015 11:05 AM
I hope so Randal, i think theres still good in Christianity but theres also a lot of contamination of these negative power hungry energies there to....IP: Logged |
Randall Webmaster Posts: 67470 From: Saturn next to Charmaine Registered: Apr 2009
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posted October 23, 2015 02:32 PM
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