just askin'. where's the sugar? On Sunday, March 29, 2015 at 5:38:59 PM UTC-4, archytas wrote: > > Sometimes Americans sound very insular. The USD has been the main > mechanism of thieving, financial piracy since Breton Woods - masquerading, > of course, as generous salvation for everyone else. Before this we have > had the pound sterling (the original LSD), Dutch Guilder, Spanish Doubloon, > Portuguese Escudo and various 'what was owed to Caesars' back to the > Sumerian's. The currency or what backed it as in various metal standards > never mattered much itself. > > 1. Debt and credit systems come before money in history > 2. Precious metals and trinkets are worth what an idiot will ;pay for them > - but the world is mostly idiots > 3. Money is largely issued as debt by private banks (97% is the bandied > about figure). Aristotle knew it was just a convention and could be > worthless tomorrow > 4. Bourgeois morality is based on the ability to send the boys round to > enforce debt. > 5. Pensions were devised to pay out at 65 for the very good reason most > people would be dead by this age, > 6. Pensions are not saved for - this is just a story for idiots to swallow > - in a world of mostly idiots - though this is easily swallowed if you have > paid superannuation > 7. Saving is 'evil' as you should be spending that money to increase money > velocity, keep trivia factories open, expand GDP and maintain the beer > supply by sacrificing your body organs to the common good and dying early > enough never to claim that pension you have been saving for > > There is, of course, a very sensible story of what economics really is. > The bankers have stolen your pensions, though some schemes are still > paying out due to new money being pumped in through Ponzi schemes run by > our governments (TARP, QE etc) - this is as true of China as the West. The > essential con concerns insurance schemes designed never to pay out and > false accounting that draws money down from the future and writes down > current repeating losses as exceptional one-offs. > > If you have a pension pot of, say $100,000 and the USD loses half its > value - you become half as well off. Though if this USD decline came with > stocks rising 100% everything would seem to stay the same as your pension > would be $200,000 - the new denomination for £100,000. For 100 years the > USD has been supported with free loans from the rest of the world because > so much trade has been done in USD - petro-dollars, euro-dollars - all > sorts of trades nothing to do with the US have given benefit to the US and > often British and other banks. > > The current currency wars are an attempt to break US dominance. The deep > questions may concern what the US will do with its massive military > advantage and an electoral system that looks as dire as that in Germany > between the wars and dominated by neo-con (Nazi) ideas. Pensions may be > worth nothing once we discover they only pay out from an electronic system > unrelated to real production. > > Plan B involves jubilee and peace - but what kind of Christian would want > to believe in that Molly? Plenty of economists do. > > On Sunday, March 29, 2015 at 8:09:27 PM UTC+1, Molly wrote: >> >> I don't trust them either, no reason to. But there are countries signing >> on to their new banking system and it seems that it is becoming a major >> global economic factor. Or is it? >> >> On Sunday, March 29, 2015 at 2:07:26 PM UTC-4, Allan Heretic wrote: >>> >>> I know.. when it comes to what the Chinese are involved in my >>> experiences have not been good. >>> When it comes to my trusting someone I look at action rater than words.. >>> one also needs to examine what was written in the Chinese little red >>> book. There is a lot that leaves me questioning and not willing to jump on >>> the band wagon. >>> >>> تجنب. القتل والاغتصاب واستعباد الآخرين >>> Avoid; murder, rape and enslavement of others >>> >>> -----Original Message----- >>> From: Molly <[email protected]> >>> To: [email protected] >>> Sent: Sun, 29 Mar 2015 7:44 PM >>> Subject: Re: Mind's Eye The new Chinese gold standard >>> >>> The establishment of the new Chinese banking system was all over the >>> talking head conversation this morning here. I do wonder what it will mean >>> to the price of precious metals, how our banking systems currently operate, >>> how (what little) life savings are effected. >>> >>> On Sunday, March 29, 2015 at 11:07:53 AM UTC-4, Allan Heretic wrote: >>>> >>>> China has been on a market domination course for years now.. their >>>> flagship internet market I have use them in the past. . The products did >>>> arrive as scheduled. . But of the 5 things I ordered none of them were of >>>> good quality.. an a scale of 1 thru 10 they all came under 3 or less.. I >>>> no longer even look there.. >>>> Corruption has run rampant through out China.. and big name down are >>>> falling. Questions keep coming up. Will it last.. there is a lot of doubt >>>> in my mind. When it comes to gold there is a lot of judgment that seems >>>> to >>>> be lacking.. now combine corruption with poor judgment you have a brew >>>> headed for destruction. >>>> >>>> Now that seems to fit well with the political direction of the world >>>> today . Just to perfect of a fit. >>>> >>>> تجنب. القتل والاغتصاب واستعباد الآخرين >>>> Avoid; murder, rape and enslavement of others >>>> >>>> -----Original Message----- >>>> From: Molly <[email protected]> >>>> To: [email protected] >>>> Sent: Sun, 29 Mar 2015 3:28 PM >>>> Subject: Mind's Eye The new Chinese gold standard >>>> >>>> The new Chinese bank established with a gold standard is gaining >>>> momentum on the international stage. How will this effect the world >>>> economy? These quotes from Bloomberg: >>>> >>>> *China’s clout has been expanding for decades, as its rapid growth >>>> allowed it to snap up a rising share of the world’s resources, its exports >>>> penetrated global markets, and its bulging financial assets gave it power >>>> to make big individual loans and purchases. Now, the creation of >>>> international lending institutions is leveraging that economic influence >>>> closer to the political and diplomatic arenas, as U.S. allies defy America >>>> to back China’s initiative.* >>>> >>>> >>>> >>>> *“This is the beginning of a bigger role for China in global affairs,” >>>> said Jim O’Neill, U.K.-based former chief economist at Goldman Sachs Group >>>> Inc., who coined the term BRICs in 2001 to highlight the rising economic >>>> power of Brazil, Russia, India and China…* >>>> >>>> >>>> >>>> *Chinese President Xi Jinping’s vision of achieving the same >>>> great-power status enjoyed by the U.S. received a major boost this month >>>> when the U.K., Germany, France and Italy signed on to the Asian >>>> Infrastructure Investment Bank. The AIIB will have authorized capital of >>>> $100 billion and starting funds of about $50 billion.* >>>> >>>> >>>> >>>> *Canada is considering joining, which would leave the U.S. and Japan as >>>> the only Group of Seven holdouts as they question the institution’s >>>> governance and environmental standards.* >>>> >>>> >>>> >>>> >>>> *China, flush with the world’s biggest foreign-exchange reserves and >>>> anxious to convert them into “soft power”, is building an alternative >>>> architecture. It has proposed not just the AIIB, but a New Development >>>> Bank >>>> with its “BRICS” partners—Brazil, Russia, India and South Africa—and a >>>> Silk >>>> Road development fund to boost “connectivity” with its Central Asian >>>> neighbours…* >>>> >>>> >>>> >>>> -- >>>> >>>> --- >>>> You received this message because you are subscribed to the Google >>>> Groups ""Minds Eye"" group. >>>> To unsubscribe from this group and stop receiving emails from it, send >>>> an email to [email protected]. >>>> For more options, visit https://groups.google.com/d/optout. >>>> >>> -- >>> >>> --- >>> You received this message because you are subscribed to the Google >>> Groups ""Minds Eye"" group. >>> To unsubscribe from this group and stop receiving emails from it, send >>> an email to [email protected]. >>> For more options, visit https://groups.google.com/d/optout. >>> >>
-- --- You received this message because you are subscribed to the Google Groups ""Minds Eye"" group. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]. For more options, visit https://groups.google.com/d/optout.
