My grandson is taking it in his coffee. On Sunday, 29 March 2015 23:37:59 UTC+1, Molly wrote: > > 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. >>>> >>>
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