Wednesday, Jan. 25th, 2012 – In all of the speculation about the global economy, and the European debt crisis, there is a question that I haven’t seen asked.
“What would happen if all of the currencies of the world collapsed, on the same day?”
With all of the apocalyptic speculation about 2012, I see the answer being between the extremes. Of course that would mean a period of civil disruption. Some places would be worse than others. But what would people do to transact business? I see it coming out with commodities indexed to each other, in parity pricing. Currency would be replaced by private contracts specified in quantities of commodities.
An ounce of gold = so many ounces of silver, so many tons of coal, a set quantity in bushels of produce, a specified amount of crude oil, on through equivalence in manufactured goods. A stabilized economy would of course be subject to the unforeseen. That’s what keeps life interesting.
Human nature is more comfortable with the enemy it knows, than with the one it doesn’t know. The imagination is where the worst nightmare3s live. The more they are avoided, the bigger and stronger they become. Avoidance breeds fear.
Whenever a Global Socialist speaks, gold and silver should rise. It is a sign of the times that China ignores the monetary policies of the West, and buys every ounce of gold and silver they can get their hands on. Socialists aren’t stupid. It’s their ideology that is defective. They still know what real money is.
The Fed can’t change horses in midstream. The commitment to manipulating inflation figures and market indicators risks exposure with any other course of action.
The unmentionable dirty little secret of fractional banking is that debt service destabilizes economies. For at least two generations, we have been sold the notion that inflation is normal. The historically proven fact is that compounding interest on the debt is poison to the increase of real wealth in the hands of the population. The banks become bigger and stronger while the population becomes poorer and weaker. Independence builds an economy. Debt slavery breaks down constructive economic activity.
I watched the video of the press conference. Inflation must be really low, for people who don’t have jobs. It must be that they’re already deflated and they don’t count in the statistics.
We always knew that the fox had the run of the hen house, at the “Just Us” Dept. I’m just waiting for the currency to collapse and whether or not they’ll all skip the country.
”Deleveraging” is just a polite term for deflation. It’s just sugar coating for a liquidity shortfall. When the Fed starts talking about giving out zero obligation grants, then I’ll listen about “deleveraging”.
I have a movie for Helicopter Ben. “Invasion Of The Mattress People”. The movie reaches a crisis when the Mattress People give up on the currency, and cut up newsprint to hide in the bedding.
Legal Reality Newsletter 25 January A. D. 2012
There is a right way to assert State Nationality. There is a lot of legal and historical research on the subject. I have links in my list that deal specifically. with this issue. The Red Amendment site of L. B. Bork is most helpful.
The Red Amendment http://theredamendment.com/
It’s bad enough that they really believe what they’ve been saying. We shouldn’t have to believe it, too.
I have to wonder at what point, seeing that these law firms are trying to prevent recovery of funds by investors, do they step over the line, into obstruction. With the compromising connections to outside parties, such as JP Morgan, I can see that a law firm could be an accessory after the fact, to embezzlement. Wouldn’t that be nice, if that smoking gun evidence turned up?
We must be toddlers, in Goldman’s estimation. creating a market where there isn’t one, inflating a bubble on their word, and pushing paper has all of the integrity of a crack dealer. I hope they don’t find any takers, at anything near that price.
I’m setting up the move of my activity to Google + . With the report from CBS San Francisco that Facebook is changing over to mandatory use of the Timeline page format, I’ll be deleting my Facebook account, when that happens. If you send me a message in Facebook, with an email address, I can send you an invitation to Google +. Signup requires a Gmail address, but that is quick and easy to set up. For those already on Google +, I’m athttps://plus.google.com/u/0/
The walls are closing in. If Facebook goes forward with a mandatory change to the Timeline format, I’m deleting my Facebook account and moving all of my activity to Google + .
It looked good on paper, and actually worked for a while. Then, along came Abraham Lincoln, the War of Corporate Conquest, and the 14th Amendment. America died, before we got the chance to live in it
It’s like watching Pro Wrestling.
Today, it is trading wealth for debt.
If Facebook follows through on this, I will be inviting my 3900 friends to delete their accounts and join me on Google +. I’m at https://plus.google.com/u/0/ on Google + .
The piper will be paid. The currency can be land, resources, flesh and blood …… but not that worthless paper.
In the world as it was created, all blessing comes from the land. In the world that the Federal corporation is reconstructing, all blessing comes through the bureaucracy. If someone is a U. S. citizen, they are created by the State. The Federal corporation is their god. I especially enjoyed the “all for one, and one for none” tone of the speech.