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Originally posted by Dustytoad
reply to post by herrw
Well, I think I know what solution they have picked for us.. If the system goes down I wonder how they would introduce new currency as to be valued correctly, and how would people gain access to a new currency to begin with?
I guess it all starts with debt? Or is there some other way? Couldn't we just start with money and call it debt free? Start with the amount that is the GDP, as debt free, and then just directly print money to stay in line with the growth or shrink in GDP?
In this model the banks would have to borrow money from the government, and the government would make money off that interest.. They wouldn't want to hold on to too much money if it's at interest. A tax of sorts to the government.. They would want to loan out money, while also wanting to only make good bets..
Or am I explaining some other failed way of running things?
Originally posted by herrw
Stirling, I wish I did have more names to give you. Keep in mind I started on this 7 years ago, and left 5 years ago. I have very little solid evidence to show anyone, otherwise I probably wouldn't be around to share it now. That being said, we need to keep a few things in mind:
The system, as it exists now, is very imperfect. It allows others to gain access to capital (as a measure of commodities) based on how many people they can control and how productive those people are when they are under their control. Retirees are not as industrious as new workers, and so the most efficient use of a population is to reduce the old and infirm, and increase the young and industrious. That is what happened in China under Mao. That is why it is important for any country to control the healthcare system--it allows control of the industry-level of the population, and therefore the employment.
Further, there is a finite measure of commodities available to the people on earth. At some point, if a nation becomes rich enough, other countries must tumble to support it. If a nation or sector becomes too rich, it forms a bubble which must burst to allow equalization. Money is fluid, remember. It seeks a constant level. All of economic theory revolves around these uncomfortable facts. Our current system does not enslave, so much as it impoverishes some at the enrichment of others.
However, no one has ever developed a system which works better Socialism tried, but that system is inefficient and simply enriches a different group of people. And, generally, socialist nations are far less free than capitalist nations. Capitalism at least perpetuates the possibility that one might increase their own station by controlling the work of those who simply want to survive.
The only cure for the boom/bust cycle is death on a wide scale. War does that, but we've managed to sterilize war to the point that it no longer even serves that purpose. In effect, we have ensured our own destruction simply by waging peace. Eventually the party ends and we all fall down. Then it is real war, and not the parody of war we have created.
I don't know. I just don't know what the solution is, or even if there is one. We have progressed as a species to a point where we must either expand or die, but there is nowhere to which we can expand. There's no more commodities for which to print money. We're borrowing against our death benefit.
Honestly, there is not enough gold in the world to account for every human being's industrial potential. It just doesn't exist. Even if it did, with the exponential growth of the human race, we would quickly out-strip it. Gold, Silver, Platinum, and Paladium combined might do the trick,
Originally posted by herrw
reply to post by Dustytoad
Yes. Also the children of a reporter who broke the story were murdered by their nanny. And if for some ridiculous reason I ever disappear, at least the information is out there. But since I never made any money off of it, and cannot reliably generate the names of the brokers with whom I dealt (the records just don't exist any more) that is unlikely.
The Colo.theater shooter was NOT connected to Libor, it was disproved.
Originally posted by GoldenRuled
reply to post by herrw
I scanned a story yesterday with that name Libor. Havent had time to look into it yet. It went on to say the fathers of both the Conn. school shooter and the Colo.theater shooter were directly connected to Libor. Interesting if true. Some kind of Bourne Identity thing going on.edit on 17-12-2012 by GoldenRuled because: (no reason given)
Originally posted by VitriolAndAngst
reply to post by hawkiye
We aren't using a Keynesian system. We are using the Laffer Curve trickle-down system designed for globalists to play labor to the lowest bidder.
Anyone dissing Keynes is a dead giveaway for someone who was educated by robber barons.