Forum Replies Created
“Reaction on witter”
Good one. 😏
My broader point, which I think may be shared by Mr.Meijer, is that we will have to localize and use carbohydrates instead of hydrocarbons to power ourselves.
By Mr. Meijer the other day:
“Cheap abundant energy is the worst thing that could happen to mankind and the planet.”
I think it’s called the sun, no? 😏
Benjamin Franklin said there were three ways for a nation (and an individual, for that matter) to become wealthy:
1. Go to war against another nation and steal its wealth.
2. Trade with another nation and gain the upper hand by cheating.
3. Plant a seed and watch new wealth being created as if by a miracle.
That Lyme disease thing reminded me of something.
As a farmer, I have often wondered how many of the plant viruses we now see had been engineered in weapons labs as a means to destroy or harm the enemy’s crops.
I also remember that when some university and USDA plant pathologists were asked the question, they gave quite odd, defensive, and/or evasive answers.
“If they let him out on bail there’ll be riots.”
Nah. Nothing beer, bread, drugs, circuses, and sophomoric tribalism won’t fix. 😏
After World War 1, the big banks in the United States who loaned money to the entities in Europe to fight the war clamored that they pay back their loans–they needed to pay back the US.
The US wasn’t us. It was the bankers.
Europe paid back their loans with agricultural goods that flooded our markets and led to the downturn in agriculture that helped lead to the Great Depression.
The more things change, the more they stay the same, indeed.
Nothing new under the sun.
Unforgiven. The American Economic System Sold for War and Debt. By Charles Walters
Teachers that are mostly concerned about their power will teach in a way in order to keep their power.
It may be wise to listen to those who could care less about their power.
I certainly wasn’t suggesting that was the only reason for them to bring in lawyers to do the questioning. I simply found it humorous, at first glance.
Dark humor, perhaps.
“Still don’t get why they insist on lawyers asking their questions for them.’
Lawmakers that don’t know the law.
It is said somewhere that my people perish for lack of knowledge.
People too. 😏
Pull those weeds and put them in the compost pile. Those “weeds” draw out nutrients in the soil, that one may say, are “hard to get” in the locality where they are growing.
Nature knows how to balance, if we care to observe. 😏
From your reply yesterday:
“Chris, as Japan has shown very convincingly (and still does), the more you try to make people spend, the more frightened they get and do the opposite.”
Why are the Japanese people afraid of spending? Is it because no one had told them how a solvent economy functions?
“Perhaps the biggest takeaway today is that China is failing to increase domestic demand, long predicted to be the country’s saving grace.”
Well, they either need to pay the consumers more or those shadow banks better start pumping out consumer debt.
It’s not that hard. 😏
How far away is a false flag?
Maybe Maduro will gas his own people, huh? 😏
Stupidity is an issue, but more so is man’s sin problem and spiritual death. Nothing much will change unless that is solved for more people.
Remember. Fiat money is not earned. You labor and earn it for them.
That’s why you are debt slaves.
When the people are exasperated and ready, a leader will come.
Just make Putin czar and get it over with. 😏
It’s funny you mention the plasticene. Whenever we find a broken plastic part or a bottle in one of our farm fields, we remove it and joke that plastic doesn’t make good fertilizer.
It’s a bitch trying to be the world reserve currency, isn’t it? Independence and sovereignty not allowed.
It’s called a preemptive strike. It appears that my neighbor might be trying to kill me. I must destroy his weapons. If I kill him and his family in the process–oh well.
It could be said that a revolution of the kind that Caitlin Johnstone alludes to is similar to a repentance, a turning away from what we innately know is evil and towards what is good and perfect.
As participants in this blog, one of the greatest evils we discuss on a day to day basis is the evil of undervaluing people through our conduct of trade. Our money is based on the monetization of debt. It should be based on the monetization of people’s production, their talents being used to create and to also serve their fellow human beings. Until we honestly address this issue, we will continually be under the system of debt and bondage which keeps us from the freedom to fully be what we were meant to be, to be people that love our neighbors as ourselves.
I’ll post this again. It never gets old.
Benjamin Franklin said there are three ways a nation could become wealthy: 1) By going to war and taking another nation’s wealth. 2) By trading with another nation and gaining the upper hand in the trade by cheating. Or 3) By planting a seed, whereby new wealth is created as if by a miracle.
“If your objective is to pump the wealth out of other countries into yours, how do you achieve that fighting a defensive war?”
By George, I think you’ve got it. 😉
There’s a lot to unpack in the article about sorghum and China.
China’s agriculture isn’t as industrialized as that in the United States. For some reason, the farmers in China were left behind versus the manufacturing industry.
You also have to ask how much of China’s own agricultural production is for people food, instead of animal feed.
Also, maybe China figured out that it is more economical to buy cheap US sorghum than to grow it themselves. That’s an indictment of our system whereby the commodity casino determines how much farmers are paid for their labor.
There’s a true cost to food. Pay now, or pay later.
God will not be mocked.
Zerosum might like this:
Being a bully is how empires die.
Well said. Great article.
Here are other things to consider:
When properly used, tariffs are NOT trade measures at all, but monetary adjustment measures. They can, and should be used to equalize differences in the purchasing power of our domestic money (U.S. dollars) with respect to any particular foreign money.
“Free trade” cannot take place unless 1) by barter, where substance is exchanged for substance without force or inducement. This is what most people have in mind when they hear “free trade”: no party was coerced or induced to make an exchange.; or 2) between parties using the same money.
You cannot cheapen your way to prosperity, as you cannot borrow your way.
“Again, he says it’s what his father and grandfather wanted. Perfect way to save face.”
That’s important to Asians, isn’t it?
If the Church said we could do with the earth what we pleased, that was erroneous.
I think the scripture reads that we should be stewards.
There’s a difference.
And stay away from the VA, VA.
Word on the street is that’s a sh**hole too.
I guess it’s as good a day as any to be sardonic.
Maybe the neo-cons don’t want a country such as Russia to gain the strength and the standing in the world to counter their BS.
It couldn’t be that, could it?
Good call. J.P. Morgan was one of those banks that lent a lot of money to Europe.
The media at the time proclaimed how Europe needed to pay US back. What the media didn’t say was who the US was. The citizens thought that the US was the U.S., or them. The US was really the banks.
Media being in the propaganda business surely isn’t anything new.
The article by James Rickards was a good read. Needless to say, currency manipulation and tariffs alone won’t bring about economic prosperity and stability.
A balance between all sectors of the economy–raw material extractors, manufacturers, creditors, and consumers (mostly wage earners)–with an adequate supply of currency, and an economic border (proper trade measures, including tariffs) is what brings about that elusive prosperity and stability. All cylinders need to be functioning, or the economic “engine” won’t run as it should. You can’t simply pay attention to one while ignoring the others. We know that.
It has been an interesting week, listening to all the “economic experts” spout on about tariffs. The discussion about the Smoot-Hawley Tariff Act causing the Great Depression caught my eye. Pundits such as Mark Levin and Glenn Beck proclaimed such a “fact” from their pulpits.
A little history lesson is in order. International bankers, including some in the United States, lent billions of dollars to European countries to fight World War I. One of the big ways Europe paid those loans back was to export goods to the United States, including food and manufactured products. That influx, or flooding, of imports hurt our farmers and industry. Herbert Hoover saw what was happening, and put a moratorium on the collection of war debts.
Unfortunately, there was something Hoover missed. European countries had roughly $3.5 billion of credits in U.S. banks at that time. That credit was subject to draft. The U.S. couldn’t spare $3.5 billion worth of gold and still keep a legal gold reserve. When the gold was depleted, the U.S. banks had to reduce their deposits. The banks couldn’t do that without making collections from customers to whom the depositors’ money had been loaned. But their customers couldn’t raise the funds to pay. Therefore, the banks had to unload stocks and bonds which were held as security against the loans. Thus came the stock market crash in October, 1929.
Now, where does Smoot-Hawley fit in? The Smoot-Hawley Tariff Act was signed by Hoover on June 17, 1930. Take note of that date. Yes, it came after the crash. The implementation of the act came as a response to conditions already in force that were contributing to the depression. The tariff act intended to help the economy, but it couldn’t stop the deflationary drop in prices caused by a lack of purchasing power, which resulted in a decline of imports and exports the world over.
What Hoover and his economic advisors didn’t understand was that all cylinders in the “engine” needed to be running.
Last thing, obvious to us all. War and debt don’t bring about economic prosperity and stability…and perhaps the most obvious thing of all…they don’t bring about peace.
You gotta love Clint Eastwood. That’s awesome!
I love how he just keeps on chewing his lunch through all of it. Classic.
The U.S. economic system intended for the general welfare sold out for debt and war.
Nassim and Seychelles,
Yup. Agitate. Rinse. Repeat.
You might argue that is a fringe benefit of stock buybacks.
But…why are these companies so gung-ho about stock buybacks in the first place?
As long as I’m asking questions, what was or is the goal of the Jews having their own country in the Middle East? What’s their over-arching objective? I have my own opinions, but would like to hear from our resident scholars.