Fiat money may be the most destructive instrumentality on the planet. From Paul Rosenberg at freemansperspective.com:
If that sounds a bit over the top, please read on. Before we’re done I think I’ll convince you otherwise.
I call fiat currency a weapon of mass destruction because it has caused far more widespread damage than chemical weapons ever have, and has assuredly destroyed more human potential than nuclear weapons. The nuke destroys horrifyingly but rarely; fiat money destroys minute by minute, day by day, over multiple decades and in shocking proportions.
How Money Destroys
How money destroys is not immediately obvious. We grow up learning to count it and spend it, then to make it, but few of us ever learn anything more about it, even in university-level programs.
Fundamentally, fiat currencies destroy because they hijack human will on a massive scale. Here’s how it happens:
- Money (currency) is one half of every commercial transaction, and those transactions involve nearly every aspect of every life in the Western world, from birth to death. That’s immense scope.
- Fiat currency is created at roughly zero cost, by governments and the friends of governments.
- Money is used to buy all the necessities of life. Thus it is deeply and inherently motivating, and to more or less every human on the planet.
- Because of the above, anyone creating new currency units can motivate millions of human beings: powerfully, on demand, and at almost no cost.
Soon both the US and Europe will be glorious multicultural, Marxist states, and any threats to that order will be banished to mass graves, where unlike dead Democrats, they won’t be allowed to vote. From Paul Craig Roberts at paulcraigroberts.com:
If courts uphold election laws, the vote fraud in the swing states will be overturned, and Trump will be declared the winner. There is no doubt about the vote fraud. The question is whether Trump in the face of media hostility, Antifa/BLM violence, and weak-kneed Republicans will have the support to see the fight to the end.
Whoever ends up in the White House, the country is now irredeemably split. Red state Americans understand that the theft of the election is a coup against them. They understand that white people have been demonized as racists and are becoming second class citizens in the land of the free. It has taken them a long time to catch on, but the brazenness of the election theft and the media’s 100% coverup of the theft has brought their vulnerability as “white racists” home to them.
The problem that our country faces is that the Democrats and the media know, as well as the red states, that the election was stolen. They organized the theft. They regard the theft as necessary in order to get rid of Trump, who has been demonized as racist, sexist, Russian agent, and declared by House Speaker Nancy Pelosi to be a domestic enemy for refusing to accept the stolen election.
For the Democrats, media, and Antifa/BLM fascists who conduct Kristallnachts against white businesses, getting rid of Trump is more important than democratic outcomes. The abandonment of democracy by one of the two major parties indicates that, as occurred in Rome, power is now the highest value.
Posted in Business, Civil Liberties, Collapse, Government, Insurrection, Law, Politics, race relations
Tagged 2020 election fraud, Corruption, Democrats, Power, President Trump
The power structure is old and they’ve got society set up just the way they want it. Too bad for them that it’s going to fall apart. From Bill Bonner at rogueeconomics.com:
SAN MARTIN, ARGENTINA – In the 1950s, Tommy d’Alesandro put together the Democratic machine in Baltimore – then headquartered in Lil’ Italy (pronounced Lil It-lee).
His daughter Nancy (now Pelosi) was a pretty girl. Smart and tough, too. She went to Washington in 1963 to work as an intern in the office of Senator Daniel Brewster. She knows the place well.
Meanwhile, Fred Trump built a middle-brow real estate empire. He set up his son Donald in an apartment deal in the early 1970s – giving the kid a million dollars a year in income.
Mitch McConnell went to Washington more than half a century ago to work for Senator Marlow Cook. Except for a brief stint at a Kentucky law firm, he never left.
Joe Biden, ditto… In a flukey election in 1972, he became a U.S. Senator from the state of Delaware, just weeks before his 30th birthday.
Anthony Fauci got a job at the National Institutes of Health in Bethesda in 1968. He’s been living off the federal government ever since.
These were the lucky ones… the elite. They gained fame, fortune, power, and status early on… and never gave it up.
And now, aging… listening to the Grateful Dead in their private moments… shored up by botox, hair coloring, and Viagra… as needed… they are desperate to hang on to the world that has been so good to them.
Posted in Uncategorized
The egos and hubris of our rulers know no limits. From Jim Quinn at theburningplatform.com:
As I’ve been observing the actions and justifications of men like Jerome Powell, Anthony Fauci, Andrew Cuomo, Joe Biden and Donald Trump during this self-inflicted global depression, I can’t help but channel the iconic American actor Clint Eastwood and his most famous role – Dirty Harry, when assessing whether they have an understanding of their limitations. If a man doesn’t know his limitations, he can ruin his own life.
When men in positions of immense power don’t know their limitations, they can ruin the world, destroying the lives of millions and propelling the world towards a catastrophic financial collapse and likely global conflict. Our benevolent leaders act as if they know what is best for mankind, when they are actually flailing about blindly, corrupted by their own power and wealth, leading us on a path to destruction, because their immense egos won’t allow them to humbly admit their dreadful mistakes and take corrective actions.
The second Dirty Harry movie, Magnum Force, came out in 1974, with Harry taking on vigilante cops in San Francisco. His lieutenant, played by Hal Holbrook, tries to keep Harry off the case of bad guys being executed by the lieutenant’s squad of dirty cops, using the logic that Harry posed a risk to society by not following proper police and justice procedures.
As have aristocracies in the past, the American aristocracy has become a caste unto itself, and very much motivated to perpetuate its rule. From the Zman at theburningplatform.com:
There are a variety of ways to hold power. Some are better than others and over the history of man everyone one has been tried with varying degrees of success. By far the most effective way of maintaining power is to get those over whom you hold power to think their interests lie in you remaining in power. If you can get your subjects to think that their very survival depends upon you remaining their ruler, not only will they obey your orders, but they will volunteer to defend your position.
Of course, convincing even a majority of this can be expensive and difficult, so a better way to work this is to convince the people at the top. Every society is hierarchical, so if you get the ruling class to think their interests are your interests, then your interests become their interests. Not only will they defend your position, but they will seek to strengthen it when they can, as it benefits them. With everyone’s interest commingled, opposing the king means threatening the system itself.
What would happen if governments didn’t take control during every crisis and not coincidentally, expand their powers? From Allan Stevo at lewrockwell.com:
Please forgive what may appear as fatalistic to some. It is quite the opposite. Fatalism would be the belief that all events are predetermined and therefore inevitable. No events are predetermined as far as I can tell. Free will is everywhere.
Humans tend to be imperfect. To date I’ve yet to meet a perfect human. The better I know a person, the more flawed I realize they are. Which is okay.
What is not okay, is putting so much power in the hands of someone so flawed.
To take it a step further, what is not okay is to put so much power into the hands of institutions, like government, that are so predictably net negative utilizers of the power already handed to them.
Marketplaces leave lots of room and lots of methods for competition, alternatives, meritocracy, ways of opting out or opting in, rationing, preparing, providing, predicting, and so much more.
Government has its single tool: fiat. And the demi-tool: threats. And the quasi-demi-tool: implications of threats.
The elite want us to all to be Chicken Littles, which will make it easier for them to implement their deadly schemes. From Brendan O’Neill at spiked-online.com:
The elites want us to panic about Covid-19 – we must absolutely refuse to do so.
People’s refusal to panic has been a great source of frustration for the establishment in recent years. ‘The planet is burning’, they lie, in relation to climate change, and yet we do not weep or wail or even pay very much attention. ‘I want you to panic’, instructs the newest mouthpiece of green apocalypticism, Greta Thunberg, and yet most of us refuse to do so. A No Deal Brexit would unleash economic mayhem, racist pogroms and even a pandemic of super-gonorrhoea, they squealed, incessantly, like millenarian preachers balking at the imminent arrival of the lightning bolt of final judgement, and yet we didn’t flinch. We went to work. We went home. We still supported Brexit.
Our skittish elites have been so baffled, infuriated in fact, by our calm response to their hysterical warnings that they have invented pathologies to explain our unacceptable behaviour. The therapeutic language of ‘denialism’ is used to explain the masses’ refusal to fret over climate change. Environmentalists write articles on ‘the psychology of climate-change denial’, on ‘the self-deception and mass denial’ coursing through this society that refuses to flatter or engage with the hysteria of the eco-elites. Likewise, the refusal of voters to succumb to the dire, hollow warnings of the ferociously anti-Brexit wing of the establishment was interpreted by self-styled experts as a psychological disorder. ‘[This is] people taking action for essentially psychological reasons, irrespective of the economic cost’, said one professor.
Posted in Academia, Business, Civil Liberties, Economics, Economy, Environment, Governments, History, Horseshit, Medicine, Politics
Tagged Brexit, CoVid-19 coronavirus, Global Warming, Power
The coronavirus will eventually go away, and so too will the pitiful remnant of our freedoms if we don’t fight back. From Doug “Uncola” Lynn at theburningplatform.com:
As schools are being closed in my state for the next several weeks, an article published in a local paper this morning stated: “With testing options now expanding, [the state] expects the number of positive cases to increase.”
Even the Orwellian Media is now making the case for shuttering the economy while, at the same time, Orange Man bad:
Does President Trump have the guts? His initial response to the virus was to underplay it and insist it would be gone before long. He was wrong about that. He has a chance now to rectify that with bold action. Like all leaders who find themselves managing a crisis, Trump is going to infuriate somebody, whether it’s those who think he’s doing too little or those who insist he’s doing too much. He has a short window of time to act before the only possible answer is that he’s doing too little.
In many ways, the daily details are fast-becoming deck chairs on the Titanic. In the terminology of Strauss and Howe’s “Fourth Turning”: If the 2008 financial crisis marked the Catalyst for this current Fourth Turning and Trump marked the Regeneracy phase, then it appears COVID-19 may be the Climax. The authors Strauss and Howe defined the Climax as “the death of the old order and birth of the new“.
Cash-strapped Oakland County, Michigan is resorting to legalized larceny. From Simon Black at sovereignman.com:
Are you ready for this week’s absurdity? Here’s our Friday roll-up of the most ridiculous stories from around the world that are threats to your liberty, your finances, and your prosperity.
County government seizes home over $8.41 in unpaid tax
When an 83-year old retiree paid his property taxes late, he miscalculated the interest owed to the county government.
All told, he was $8.41 short. Yes you read that correctly, i.e. less than nine dollars.
So the county seized the home over that trivial amount.
Then they sold the man’s home at auction for $24,500, even though the house was worth about $128,000.
But the county didn’t just keep the $8.41 they were owed. They kept the entire $24,500.
Although this was the most egregious case, the man found out he was far from alone.
What they fear the absolute most is individual intelligence unafraid to ask questions. From Gary D. Barnett at lewrockwell.com:
This once great country of America has gone through many changes, and these changes, while implemented by the design of its true rulers, are not understood by the huddled masses that have been taught to accept mediocrity as desired normalcy. The ruling class fully understands that the only way to control people, and to finally control the world, is to stifle individual excellence by creating a society that refuses to think. This has been accomplished through planned conflict, the instilling of fear, the total control of education by the puppet state, by building dependence through public welfare, and by dominating most all positions of power in a myriad of state, corporate, and important intellectual appointments.
“At its root, the logic is that of the Grand Inquisitor, who bitterly assailed Christ for offering people freedom and thus condemning them to misery. The Church must correct the evil work of Christ by offering the miserable mass of humanity the gift they most desire and need: absolute submission. It must “vanquish freedom” so as “to make men happy” and provide the total “community of worship” that they avidly seek. In the modern secular age, this means worship of the state religion, which in the Western democracies incorporates the doctrine of submission to the masters of the system of public subsidy, private profit, called free enterprise. The people must be kept in ignorance, reduced to jingoist incantations, for their own good. And like the Grand Inquisitor, who employs the forces of miracle, mystery, and authority “to conquer and hold captive for ever the conscience of these impotent rebels for their happiness” and to deny them the freedom of choice they so fear and despise, so the “cool observers” must create the “necessary illusions” and “emotionally potent oversimplifications” that keep the ignorant and stupid masses disciplined and content.”
~ Noam Chomsky, Necessary Illusions: Thought Control in Democratic Societies