Ayn Rand for 'Atlas Shrugged' regarding currency destruction;
Whenever destroyers appear among men, they start by destroying money, for money is men’s protection and the base of a moral existence. Destroyers seize gold and leave to its owners a counterfeit pile of paper. This kills all objective standards and delivers men into the arbitrary power of an arbitrary setter of values. Gold was an objective value, an equivalent of wealth produced. Paper is a mortgage on wealth that does not exist, backed by a gun aimed at those who are expected to produce it. Paper is a check drawn by legal looters upon an account which is not theirs: upon the virtue of the victims. Watch for the day when it bounces, marked: ‘Account overdrawn.’
Wow, another Friday where the paper Gold sham market will take the metal down despite shortages to deliver on time. Circus games will be played till people finally lose it all.
You are correct Greg, when you state most have no idea regarding the debt markets and their so called money.
I believe the reason that's the way it is, because perhaps one in a hundred know that their currency IS debt. In other words what I am saying is there hardly any knowledge of the masses, even the financial industry itself, regarding where their currency comes from, they don't understand the system! They don't understand inflation!
To correct this immoral system there is going to need to be understanding and that is not happening. It doesn't have to be a majority as about 20% of the colonists understood and supported the revolt against England in our revolution.
Absent awareness of our system when it it collapses is frightening, especially if one is informed on the forces that will be in control.
December 2023 there was a million + backlog of people filing disability claims.
This year still a million plus backlog of people applying for disability (probably because people are continuing to be disabled 🤨). Average wait time is 7 months. A lot of people are dying before they even get approved for disability. Wait times are because there is not enough trained staff. Yet in 2020 we heard “we must protect the most vulnerable”. Yeah, that hasn’t been the case for decades.
In conclusion why would you “lay off” people from SS when it’s been backlogged for years. That’s insane. Unless of course they really don’t care. Which I absolutely believe is the case.
Scott Bessent gave you your answer, "The American Dream is not about access to cheap goods", he just forgot the part about when it comes to Scoops... now scoops are real assets/resources - humans are disposable. Soylent Green is people! Welcome to Costco I love you!
No problem, I got silver.
Ayn Rand for 'Atlas Shrugged' regarding currency destruction;
Whenever destroyers appear among men, they start by destroying money, for money is men’s protection and the base of a moral existence. Destroyers seize gold and leave to its owners a counterfeit pile of paper. This kills all objective standards and delivers men into the arbitrary power of an arbitrary setter of values. Gold was an objective value, an equivalent of wealth produced. Paper is a mortgage on wealth that does not exist, backed by a gun aimed at those who are expected to produce it. Paper is a check drawn by legal looters upon an account which is not theirs: upon the virtue of the victims. Watch for the day when it bounces, marked: ‘Account overdrawn.’
Good looking out Greg
Its all fake. The news, the markets, and the money.
Got out this morning.
Later Jay
Got out of what, the hot tub?
Thanks Greg.
Wow, another Friday where the paper Gold sham market will take the metal down despite shortages to deliver on time. Circus games will be played till people finally lose it all.
.. 6-8 weeks could be the longest wait of all time.
You are correct Greg, when you state most have no idea regarding the debt markets and their so called money.
I believe the reason that's the way it is, because perhaps one in a hundred know that their currency IS debt. In other words what I am saying is there hardly any knowledge of the masses, even the financial industry itself, regarding where their currency comes from, they don't understand the system! They don't understand inflation!
To correct this immoral system there is going to need to be understanding and that is not happening. It doesn't have to be a majority as about 20% of the colonists understood and supported the revolt against England in our revolution.
Absent awareness of our system when it it collapses is frightening, especially if one is informed on the forces that will be in control.
Hi Greg, I'd be interested in hearing your take in an upcoming video about the German bond market, and whether there is any possibility of stress there affecting the US (macro analysis). I'm saying this for two reasons: a post on Hal Turner's website about issues the German Central Bank was recently having (https://halturnerradioshow.com/index.php/news-selections/world-news/yesterday-germanys-central-bank-announced-gigantic-loss-today-the-european-central-bank-is-having-settlement-glitches) and also a prophecy by David Wilkerson that the financial collapse was going to start in Germany, move to Japan and then the US (obviously I don't know whether this prophecy is legit or will come to pass). Here is the link to that (https://prophecyindex.org/files/the_vision.pdf)
If we get capitulation below 200ema big money will accumulate, leaving a long tail wick. Buy into the fall.
One example of what mass firings can do.
December 2023 there was a million + backlog of people filing disability claims.
This year still a million plus backlog of people applying for disability (probably because people are continuing to be disabled 🤨). Average wait time is 7 months. A lot of people are dying before they even get approved for disability. Wait times are because there is not enough trained staff. Yet in 2020 we heard “we must protect the most vulnerable”. Yeah, that hasn’t been the case for decades.
In conclusion why would you “lay off” people from SS when it’s been backlogged for years. That’s insane. Unless of course they really don’t care. Which I absolutely believe is the case.
Scott Bessent gave you your answer, "The American Dream is not about access to cheap goods", he just forgot the part about when it comes to Scoops... now scoops are real assets/resources - humans are disposable. Soylent Green is people! Welcome to Costco I love you!
Going down?
"Hell ain't a bad place to be"
- Bon Scott -
The fake NFP just released and just in time to help the market. I'm shocked!
This where you take the elevator down.