Debt Rattle August 25 2017

 

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  • #35630

    Sergio Larraín Valparaiso Passage Bavestrello 1952   • 78% of Americans Live Paycheck To Paycheck (CNBC) • Systemic Banking Fraud Means Next Cris
    [See the full post at: Debt Rattle August 25 2017]

    #35632
    Ken Barrows
    Participant

    Au contraire, the Fed is still very much in control. Why are stocks continuing to be bid up against the expectations of many here? It’s because the Fed is a guarantor, implementing policies that seek to avoid too much stock market disruption. If you had no Fed to back up the money creation of central banks, “investors” would be a lot more cautious.

    #35633
    Ken Barrows
    Participant

    Substitute “commercial banks” for “central banks.”

    #35635
    Diogenes Shrugged
    Participant

    Regarding that ancient Babylonian trig table, they didn’t mention what might have been its most important application: astronomy. Also, there was no mention of how they dated that object. I can’t help but wonder if it might have been a hand-down going all the way back to the Younger Dryas (12,800 – 11,600 years ago). The whole topic of advanced, ancient civilizations prior to the end of the last ice age is one of the deepest rabbit holes I’ve ever explored, but boy has it been worth it. If you haven’t already cut your teeth on the topic, here’s an easy way to get a taste:

    And if that wet your whistle:

    #35636
    regionswork
    Participant

    Why is that we need inflation? Debt repayment renews a line of credit. Economists say it destroys money. Failure to repay debt is destructive to the household or business. Amazon creating efficiency for Whole Foods faux scarcity inflation will not come close to what Aldi and other chains do.

    #35643
    V. Arnold
    Participant

    regionswork
    The question may well be; why do we need capitalism, or any other ism, to do our day to day commerce?
    Seems a sophisticated society is just that; sophisticated (adj.), aka, truth/meaning, twisted, as in sophist…
    We’ve been buggerd, fooled, tricked, bullshitted, lied to, exploited.
    Which is just what the money lenders/bankers intended from day one.
    Understanding that is freedom…

    #35651
    seychelles
    Participant

    Which is just what the money lenders/bankers intended from day one.

    This is Zioglobalism in a nutshell. Turn truth on its head; anti-Logos. Nothing sophisticated; just a simple, well-hidden con job. Trick the deplorables into enthusiastically supporting the coming of the antiChrist. Madness.

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