Debt Rattle August 19 2024
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and communism happens each time neighbours get together and fix the park.
but on a macro scale, neither can ever be implemented.
so communism only happens when there is no coercion and no authority – that is fantastic
Though this will be news to quite a lot of people
@jb_hb
I haven’t transformed into a concern troll, just trying to figure out what is really going on.
You couldn’t be a troll even if you tried. You’re a truth seeker, which is both a blessing and a curse. The blessing is that you will find the truth. The curse is that many people won’t like you saying truths that upset their personal apple cart of various untruths which they carry around in their apple cart as a means of making a living. Those people will call you a troll, but the bottom line is that they just don’t like what you’re saying, because it is the truth.
If it is against the law to even ask a question about something then I would say that you already have your answer.
So a Commie Wokester arsonist gets to take a walk on the crime of of burning down Kenosha, Wisconsin, but I get sent to jail for committing the hate crime of voicing the thought that the arsonist should have been prosecuted. So basically we’re talking about the complete 180 degree inversion of justice, logic, truth, reasoning and reality. Got it.
I have a question for the Commentariat here at TAE. This is something that has been a back-of-my-mind botheration for some time, and something that I never see addressed in any medium, Main-Stream or otherwise:
Yes, the US Corporate Government is trillions of dollars in debt, and is paying out a trillion dollars or thereabouts in interest every year. So: just exactly to whom are they paying that “money” (or whatever form it takes)? If is is true that “He who pays the piper calls the tune” and “The massive creditor essentially owns the debtor (eventually),” who is the creditor in this case?
“Who” may be some institution or some faction of the Oligarchy, or it may be in part some distributed, amorphous mass of people or institutions, or it may be some secretive King of the World (and his minions), but whoever (or whatever) it is is never clearly identified.
How can we “follow the money”?
Please advise…
Thanks.Remember the Danny DeVito-Billy Crystal movie “Throw Momma From The Train”? (“Criss cross !”)
Well that’s basically how our civilization runs. I’ll do your crimes for you if you agree to do my crimes for me, and neither of us will be suspected because it appears that neither of us have a motive for the crime we personally executed.
Works great if no one ever makes the connection of the secret agreement between the collaborating conspirators, but once you see it you cannot unsee it.
So why does Germany help blow up the gas line from its own trading partner Russia? Why does the United States help Israel kill the Arab 3/5ths of its own citizens at a time when the United States ostensibly wants to cultivate Arab partnerships?
You get three guesses and the first two don’t count. Criss-Cross.
Uh oh Dr. Day, Dr. Morgan is going to get stricter with his moderation. He reminds me a lot of wolf richter. He gives you a small kernel of truth and then puts his preferred narrative on top of it. IE we’re running out of cheap energy but thats good because climate change, we just need a way to distribute the pain evenly!
uh, taxes under armed threat seem like a pretty coercive tactic on the part of “capitalists”. (name one “capitalist” jurisdiction that does not operate this way)
i endorse neither. humans is too dumb to operate either.
muddleism will continue..
@AlexanderCarpenter
The interest is paid to the bond holder, which in our case is primarily the member banks of the Federal Reserve itself, and a few choice accomplices who are basically just thinly camouflaged extensions of the Federal Reserve, such as the Central Banks of the EU and other captive colonies of America.
Another way of looking at this coziest of cozy arrangements is that the higher the debt then the larger are the interest payments to the Federal Reserve member banks. The “stock holders” of these member banks are the same old “Unusual Suspects” that we conspiracy theorists are all so familiar with (please don’t ask me to list them out by name. It’s just too repetitious.). All of the “money” that they create and collect interest on is 100% counterfeit fiat from the get go, some of which is used from time to time to acquire ACTUAL assets in the form of ownership of real goods, real estate, precious metals, arms production and pharmaceutical related copyrights.
I agree with cheap energy, but i’m still skeptical about climate change. I think that when the limits to growth was released in the early 70’s the “elite” realized that at some point the west would lose control of oil. I think alot of what we consider “politics” today and things we encourage (alternative life styles) is really just a subtle form of population control. People who truly believe in “climate change” have just replaced religion with that, or covid, or Ukraine, ect ect
They also gaslight with charts, look at this PPM of carbon in that atmosphere, how can you not be worried about that! While overlooking the catastrophe staring them in the face. It’s all cope, whistling past the graveyard. I wonder what cocky mame things one could find people believed as the roman empire collapsed around them. I’m sure it was quite similar. The article that was released here ages ago explaining how christinanty become as strong as it did because the roman state and secular life could no longer provide what people needed should be republished in light of the insanity of the past four years.
those darned kids – I know you’re one of the good guys. Sorry for being snippy
Under Capitalism, you can read the Communist Manifesto and Das Kapital at the library. Under Communism, you cannot read Mises or god forbid Ayn Rand (count your blessings!)
You can buy 40 acres in the US and create a communist utopia. All these commie trust fund corporate kids could buy 40,000 acres and do it. Proof of concept – the monkeys at Bikini Atol were able to adopt fruit-washing because they observed it was what worked. Primates do that.
But with all the communes and ashrams since the 60’s, people leave them more than they form or join them. I’m glad people are trying them anyway.
So long as there’s no coercion, capitalism can function – or if there is SOME ownership, if there is SOME decision making possible, then enough capitalism functions to keep things functioning. And you cannot know every little item in everyone’s possession. Ultimately, possession is ownership. Which is why they want to capture all the gateways to exchange – to negate ownership.
Look at the classroom experiment where the teacher changed the grading to communist. Everyone failed. There was no coercion, nobody was colonized or oppressed, everybody had access to the resources required to pass – in fact, they had access to everything they had beforehand when the entire class was not failing.
Idunno if the anti-anticommunists understand this – I am continually lamenting the failure of communism, it’s weird current-year marxism turn into a death cult. Like, I am not even communist and I am lamenting the ruination of communism, the stunting of its further development.
Meanwhile the people who get into arguments with me about communism never pipe up: “Stop! You’re ruining my communism!” Certainly I get pissed off and say “Stop! You’re ruining my Capitalism!” Or “Stop, you damn filthy continental revolution counter-revolutionaries, you’re ruining my far, far superior revolution, the American Revolution!!!” And I’M even piping up to say hey you are ruining communism and it isn’t even my thing!
DBS: So the “people” buying the bonds are “lending” “Money” they just made up to the GovCorp, and then collecting interest on that loan, which is then paid off by issuing more bonds purchased with more made-up “Money,” and so we have a pyramid that eventually must implode when there is no longer any correspondence between the “Money” and any real, physical asset? Or maybe not? What’s the plan…?
More questions: Is this what people mean when they talk of the inbred “Financialization” racket? Is related to what people mean when they talk of the giant “derivatives” pyramid? Are those derivatives bets on transactions within that pyramid, bets from both inside and outside the power-base? Who (in the sense of real human beings) are the owners and controllers of the Fed? Is the Fed some sort of false-front for some other institution’s or faction’s agenda of control and power? And who are the actual persons that no-one seems capable of identifying, those who are at the peak of the pyramid? I don’t mean the “names” commonly bandied about (I suspect those are relatively minor neo-feudal “Nobles,” or just minions), but who are the folks at the very top who seem to have assured their total anonymity?
Somehow, this conversation about the “Money” seems to be designed to obscure the very essence of what is happening and who is making it happen. My algorithmic falsehood-detection pattern-recognition keeps sending up unanswerable alarms.
thanks for all replies.
capitalism and communism are just ideas.
you’ve never experienced “capitalism” and you never will. you live in a very rigged world.
look at what happened in 1933.
“all animals have an equal opportunity to succeed because some get a head start under usc 225, sec.19, paragraph 223.”
From my memory of years of Zerohedge reading …weren”t all the bonds bought by “Belgium”?
(…which of course is pretty much a non-country)
https://www.statista.com/statistics/201881/holders-of-the-us-public-debt/
u.s. savings bonds = .51%
When I worked out the purchase of studio monitors (KRK Rockit 6’s) from my call center coworker in the call center parking lot, handed him cash, and he gave me the monitors, while each of us was forthcomingly honest and not holding any threat over each other, capitalism occurred.
ANTIFA is just an idea.
Israel is a Prison:
Israelis can no longer leave Israel because all the western airlines have cancelled their flights to Israel.
It has nothing to do with Iran.
Bibi is trying to stop any more Israelis from being able to leave now because too many dual Israeli citizens have already left which has thrown Israel into a big recession.
So Gaza is a prison within a bigger prison called Israel!Expanding Ukrainian Kursk Bridgehead:
What does Russia have a lot of?
Yes, lots and lots of land!
What does Russia have few of?
Yes, people!
So, Russia can continually retreat while making the Ukrainians pay dearly for every square kilometer gained while minimizing their losses of people.Russia is simply waiting for the Ukrainians to run out of people.
@jb_hb
…weren”t all the bonds bought by “Belgium”?”
Yeah, they were, but it was not actually the Belgian sovereign entity that was purchasing those T-Bills. It was the US Fed making the purchase using Belgium as its proxy. In other words, the US Fed (and its cohort of secretive owners) owns Belgium’s central bank.
to whom are they paying that “money”
The Federal Reserve, nothing Federal about it I can see, other than a name to confuse retarded Americans- ask Bernays how difficult it is to trick and control retarded Americans.
The Federal Reserve is a group of PRIVATE bankers, mostly Jews, who control the West financially.
Look into Quantitative easing to see a true ponzi scam from the “elite” wealthy.Federal reserve also makes “bank” on Wars and funding them, War is a racket for the Jew Bankers.
Hence you will pretty much NEVER see a Jew ‘elected’ or running for VP or President, the sneaky Jews like to distance themselves from any appearance of control in Western politics… they have AIPAC to take down any and all opposition.When the Jew/Petrol dollar is no longer the worlds reserve currency… which is happening now- WW3 sponsored by the Federal Reserve is on. Majority of retarded Americans have no idea who or what the Federal banks truly are. Shameful.
How can we “follow the money”?
Have fun with this- US National debt clock-
The Federal Reserve, Neo-cons, Neo-Liberals, MSM, Ivy Leage U’s, Pharma, Hollywood and the MIC are all safely considered to be the Deep State Apparatus.
…
SS DEI “Holster Puzzle” …. hilarious… Sharpen your sword and your mind.
The TRUTH About “Belgium”
The New World Order’s Belgian ConspiracyFor too long we have been told lies.
Postal Propaganda: Belgian “Super-man” squints hard to see his non-existent country. No such luck, Baudy.The existence of the supposed European country of Belgium has been taken as gospel for years by members of the Liberati. It has long been held up as a shining example of Liberal philosophies in action. However, now is the time the truth be known. Belgium doesn’t exist…
@AlexanderCarpenter
So the “people” buying the bonds are “lending” “Money” they just made up to the GovCorp, and then collecting interest on that loan, which is then paid off by issuing more bonds purchased with more made-up “Money,” and so we have a pyramid that eventually must implode when there is no longer any correspondence between the “Money” and any real, physical asset?”
Yup, that’s pretty much it. The bigger the debt the more they make. A Classic Ponzi Scheme deeply obscured by TONS of misleading and irrelevant financial bullshit that many people are more than willing to play along with because they, too, are making tons of “money” from the scraps that fall off the table.
As for who are the actual individuals who constitute the top of the “pyramid” is the question for the ages, but not really. Up to a certain altitude (Rothschild, and the like) their names are as available as your nearest Forbes report. Above that altitude enters the spiritual realm and you’re basically talking about earnestly practicing Luciferians, so the trail goes super-fuzzy and is littered by the bones of those who delved too deep.
Belgium:
Belgium the wealthiest place, the land of endless rainbows, you didn’t know existed!
Belgium buying US government Treasury bonds is simply to keep pretending there are plenty of foriegn buyers to hide the fact that the Fed is directly monetizing US government debt.
In other words the Fed is buying all of the US government debt not bought by anyone else.
When the Fed monitizes US government debt, it is simply creating money out of thin air to buy US government debt.
In otherwords, nobody in their right mind, is lending more& money to the US government!Creating money out of thin air is how inflation occurs.
You have $1.
The Fed creates another $1.
Now everything costs $2!
Congratulations, you just suffered 50% inflation!The US government considers inflation to be just another tax on the people.
Want to raise taxes on the people without raising tax rates?
Just print more money and create more inflation!
Inflation is blamed!
(You do know all taxes could be eliminated, if the government just printed thle money they needed.Now you know why the US dollar has reached a new low of $2500 USD per ounce of gold.
Gold has not changed in value at all.
An ounce of gold is still and ounce of gold!
It just takes more wheelbarrows of paper dollars to buy the same ounce of gold.
(Hint: Get wealthy by stealing wheelbarrows!)The bond and money payments have a problem: at that level the whole system breaks down. Like quantum physics at the galaxy level, it literally doesn’t apply, makes no sense. So ALL these nations can “Just print money” and do. They “Just print money” and probably buy bitcoin. WHILE paying to rig bitcoin. And gold, like out of India.
We know they print money to pay money they borrowed money, which ISN’T money, because it was created from nothing, and thin air. This is legacy inertia, because ORIGINALLY the “Money” was lent existed from a thing, like gold. Or like Farmer Jim deposited $50 and then the bank LENT that $50 note. Hahahahaaha! No, the Money is infinite, the lending is infinite, and the money is created from thin air.
So you see the problem? Money is WORTHLESS. We can’t see that because we’re at our level. But you see that in a lot of supply chain, like hiring a Furnace guy, a roofer, money means nothing. You could say double his rate and he wouldn’t show up.
All that to say this: Money is now not a “money” system, not a math system, it’s a CONTROL system. That’s it. But can you control Musk with money? Not really. There’s a level of F-you money where “Money” no longer buys things or influences you. So it’s only a CONTROL system for US.
Here’s the problem and the corollary: IT ONLY WORKS ‘TIL IT DOESN’T CONTROL US. THat’s called ‘Hyperinflation” where it isn’t the “Money” that’s repudiated, it’s the PEOPLE, the Government. Faith.
So “Money”, these bonds are roughly a control system, poker chips that represent US, like Southern Plantation Slaves they’re trading over poker. Now if you “Win” one of these chips, can you enforce it? Maybe. Probably, but not absolutely. As a statistical aggregate. That’s the only reason they are valuable to THEM. So their chip-pile represents PRODUCTION, and SOLDIERS to them, to keep other F-U Billionaires off their back. But to themselves, they’re worthless, I can’t buy the Waldorf Astoria with “Money”. I’d need to be an insider or someone would be mad. ANd use their production-soldier pile to buy policemen and crush me.
So don’t worry about how money is created, travels who pays interest, etc, it’s all fantasy, it all breaks down. Like Can we PAY a fraction of the $36T of US ALONE? Heck no, there are not enough assets to pay 1/10th of that. Ergo: they are entirely fake. THEY know they’re fake, WE know they’re fake, but when you’re at summer camp and beer coasters are won at poker can be redeemed for beer, they’re real. A minute later they get bored with that and they’re worthless. And we already know there are 100x beer coaster “Promises” vs actual beer on site at camp.
Sorry I can’t explain this better but that’s why no one cares, and whether Morgan or Warburg owns the Fed doesnt’ really matter. It has NOTHING to do with ownership or “Law”…it’s only about what you can ENFORCE.
But that goes for us too: go ahead and ENFORCE the foreclosure of 99% of all houses. …With 400 Million guns. And then sell them to WHO? This is like the “Great Steal” NSARA/GSARA stuff. Go ahead and try it! It doesn’t scale. Also LITERALLY the chit, the chip, represents 1 unit of slave output? That’s LITERALLY legally true: your house for instance is backed with your PROMISE to pay. That’s it. YOU back it. YOUR work.
So WHO backs the US$ currency, and therefore all these bankers? YOU do. WE do. If WE decide we don’t, their whole house burns in minutes. Bye. All those “Chips” posted with Belgium, BIS, God himself? Worthless in seconds, bye.
The SLAVES run the plantation. ZERO is done without them, no matter what some idiots SAY, SAYING is just vibrating empty air. That’s from the Enlightenment. But we’d have to ACT like it, and everyone knows we don’t. The eternal tension.
I like that explanation.
Keep a copy.
If 60% of the people understood the explanation, the system would crash.>And who are the actual persons that no-one seems capable of identifying, those who are at the peak of the pyramid?
Pepe Orsini
And the top “clans”
∙ Orsini
∙ Breakspear
∙ Aldobrandini
∙ Farnese
∙ Somaglia
Rottenchilds are just the ‘sacrificial’ & public groupMr Carpenter, who are you not allowed to criticize? Well thats who owns you. Debt=Ownership. Jews crucified Christ for pointing out the moneylenders. 2000 years later, same shit.
Gold:
Think of gold as a stable financial horizon.
Just as you use the boundary between the earth and the sky, the horizon, to tell you whether you are physically up or upside down.
If you are debasing the currency, it is critical that you eliminate gold as a stable financial horizon, as a reference point.
Or people will quickly figure out that you are printing more money!Once gold is eliminated, as a horizon, then you have a situation where currencies are only referenced to each other.
Imagine you are floating in space.
The first thing you will notice is there is no reference point!
No horizon.
So you see Mr. USD, Mr. Euro, and Mr. Yen floating in space.
With no horizon or reference point, how do you tell who is falling the fastess?
Can you even tell if all of them are falling together or are stationary?This is the ideal inflationary environment, if you are printing money because no one can tell for sure.
They can’t easily measure it.That is why gold is considered a barbaric relic by central bankers and their governments.
They don’t want you to know what they are doing!P.S. Money is not real!
Money is just a man made idea.
We imagine that there is money.
We are taught from birth, that there is money.
We call certain things, money.Don’t believe me?
OK, let us go back to the days of the caveman.
Do you see any cavemen or women with any money?
Do you see any dollar signs of money like $ on the cave walls?
Do you see any cavemen or women going shopping for food?
Buying clothes?
Paying taxes?
Paying for heat?
So no signs of money because the idea of money hadn’t yet been invented!Considering the multiplying effect of the banking system with its very low to nonexistent reserve requirement for loans, which are fungible with money….
If they’re printing a trillion or two every 3-4 months, think of the multiplier. Multiplying OF multiplying. How many fungible trillions are also being created.
I remember back in 2005 when I was a brand new peak oiler and reading Mogambo Guru articles about inflation and gold. Better times. Back then, we were freaked out that there was a mere quadrillion in shadow derivatives out there. How much now?
@Mr. House: Dr Morgan at Surplus Energy Economics has operational boundaries for content.
You see how it is over there. I am sure he knows what he can’t allow to be discussed on his site as “hate speech”.
;-(Please Come To Chicago https://drjohnsblog.substack.com/p/please-come-to-chicago
Chicago, Graham Nash https://www.youtube.com/watch?v=r4BJpC-esA8
Though your brother’s bound and gagged
And they’ve chained him to a chair
Won’t you please come to Chicago
Just to sing
In a land that’s known as freedom
How can such a thing be fair
Won’t you please come to Chicago
For the help we can bring
We can change the world
Re-arrange the world
It’s dying, to get better…“Make It Great Like ’68”: Chicago Businesses Board Up As Protesters Threaten To Shut Down DNC
Tens of thousands of protesters are expected to descend near the Democratic National Convention in downtown Chicago in the coming days. Local media reports that shops have already boarded up doors and windows with plywood ahead of what could be a chaotic week. https://www.zerohedge.com/political/make-it-great-68-chicago-businesses-board-protesters-threaten-shutdown-dncProtesters march through the Loop on eve of Chicago DNC in first permitted demonstration
The first of two permitted demonstrations is happening on Sunday afternoon in the Loop.
It was a protest that lasted more than 3.5 hours as ABC7 saw the massive crowd take over the Loop. It remained peaceful as they marched to Grant park. Protesters used the march as an opportunity to send a message on the eve of the DNC. They said it’s time for less talking and more action from their politicians. https://abc7chicago.com/post/chicago-dnc-2024-march-bodies-outside-unjust-laws-take-place-loop-1st-chicago-protests-ahead-dnc-united-center/15199312/Protest march planned in Union Park on 1st day of DNC in Chicago
Pro-Palestinian protesters are demanding a permanent ceasefire in the Israel-Hamas war. They say Vice President Kamala Harris still has work to do to earn their vote.
“She’s not going to take a legitimate stance, so until we can have Kamala Harris actually come to the table and make a legitimate concession, actually make a legitimate push to get the Arab and Muslim vote,” pro-Palestinian protester named Nael said. “You can’t just say cliché things.” https://abc7chicago.com/post/chicago-dnc-2024-protest-march-planned-union-park-1st-day-democratic-national-convention-united-center/15203420/Protesters hit Chicago streets over Gaza at Democratic National Convention
Thousands of pro-Palestinian protesters marched through Chicago on Monday as the Democratic National Convention began. The crowd was significantly smaller than predicted, and remained largely peaceful aside from scattered shoving matches between groups.
There were no arrests by mid-afternoon, but several dozen demonstrators appeared to be courting handcuffs as they broke away from the march and broke through the first ring of security fencing at the United Center, where President Joe Biden was scheduled to speak Monday night.
An animated line of marchers had set off down a major street lined with schools and three-story brownstones, less than a mile from the United Center − site of the convention’s main event − as a police helicopter hovered overhead and demonstrators chanted, “Free Palestine.” https://www.usatoday.com/story/news/politics/elections/2024/08/19/protests-chicago-dnc-convention/74820242007/What will the deal actually be? Netanyahu wants the hostages back so he can finish the genocide. IDF Expands Gaza Operations As Blinken Arrives For 9th Visit To Israel https://www.zerohedge.com/geopolitical/idf-expands-gaza-operations-blinken-arrives-9th-visit-israel
Israel massacres Gaza family following two days of ‘constructive’ ceasefire talks
An Israeli airstrike killed 15 members of the Ajlah family in Gaza early Saturday, including nine children
Ahmed Abu al-Ghoul, a local who witnessed the bombing, told AFP that three rockets hit the building the family was sheltering in while women and children were inside.
“What have they done to deserve this?” he asked.
Al-Jazeera added that an Israeli quadcopter shot a six-year-old boy in the head, killing him as he slept in a tent in Hamad City, west of Khan Younis in southern Gaza.
Israel’s latest massacres come one day after two days of negotiations in Doha for a ceasefire-prisoner exchange deal between Israel and Hamas. https://thecradle.co/articles/israel-massacres-gaza-family-following-two-days-of-constructive-ceasefire-talks Media Claim “Hamas Rejects …” Deal That’s Not Offered [The Israeli ”offer” is to keep troops in Gaza, blocking the Egyptian border, until they get the hostages back.]
More specifically, Hamas objects to the fact that the proposal doesn’t include a permanent ceasefire or comprehensive Israeli withdrawal from the Gaza Strip.
There is no ceasefire deal. How then could Hamas reject a ceasefire deal?
There is only a potential agreement on a pause in the fighting to hand over to Israel the hostages it wants to retrieve. Which is nothing anyone in the situation in Gaza could agree to. https://www.moonofalabama.org/2024/08/hamas-rejects-.html Israeli evacuation orders shut 10 wells, worsening water crisis in Gaza
Ismail Sarsour, head of the municipality’s Emergency Committee, told Anadolu: “The new Israeli evacuation orders for eastern Deir al-Balah have effectively taken 10 out of 19 wells out of service.” “Access to three other wells west of Salah al-Din Street has become hazardous,” Sarsour stated.
He emphasized that the water situation in Deir al-Balah will become extremely dire in the coming days, especially with the shutdown of the eastern wells, which serve as a critical water supply for areas west of Salah al-Din Street, including the city center. https://www.middleeastmonitor.com/20240817-israeli-evacuation-orders-shut-10-wells-worsening-water-crisis-in-gaza/
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