Showing posts with label fiat money. Show all posts
Showing posts with label fiat money. Show all posts

Sunday, February 18, 2024

BARTER WILL BE THE FIRST AND LAST STANDING

HERE COMES BARTER...THERE GOES WORLD WIDE CENTRAL BANKS FIAT MONEY AND WALL STREET MINI INVESTMENT CENTRAL BANKS AND THEIR PRIVATE LABEL FIAT MONEY

Tuesday, January 23, 2024

WORTHLESS MONEY LEADS TO WORTHLESS PEOPLE

HOW DID WE GET BIDEN AS PRESIDENT?...MIGHT AS WELL ALSO INQUIRY HOW DID WE GET BITCOIN ?..IT'S THIS WAY...WHEN YOU CAN'T TRUST THE MONEY YOU START TO FANTASIZE WHAT YOU CAN DO WITH WORTHLESS PEOPLE

Friday, December 29, 2023

THE FEDERAL RESERVE DOESN'T PRINT MONEY AS FAST AS WALL STREET

THE FEDERAL RESERVE ISN'T SERIOUS ABOUT SLOWING INFLATION...IF IT WAS IT WOULD RAISE THE MARGIN REQUIREMENTS ON STOCKS AND BONDS...STOCKS AND BONDS ARE A FORM OF MONEY...WALL STREET INVESTMAKERS BANKERS ARE A FORM OF CENTRAL BANKERS....

Saturday, October 28, 2023

REAL PEOPLE OR FIAT PEOPLE ?

WHO ARE REAL PEOPLE AND WHO ARE LEGAL HYBRIDS CREATED BY FIAT MONEY AND CIVIL RIGHTS LEGISLATIONS ?

Friday, July 28, 2023

WHEN IS TWITTER GOING TO DECLARE BANKRUPTCY ?

TWITTER FOUNDER JACK DORSEY CARED ONLY ABOUT EQUALITY. NEW TWITTER OWNER ELON MUSK CARES ONLY ABOUT MONEY AND POWER. EQUALITY DOESN'T EXIST IN NATURE. FIAT MONEY CREATES POWER. IN BOTH EXAMPLES EQUALITY AND FIAT MONEY DON'T EXIST IN NATURE. WHAT ABOUT THE PAWNBROKER MARK ZUCKERBERG AND FACEBOOK ? ZUCKERBERG STEALS THINGS OF VALUE LIKE REAL PEOPLES IDENTITIES AND ASSETS AND SELL THEM CHEAP.

Sunday, December 18, 2022

BRAIN IMPLANT ENGINEERS: MUSK, BEZOS AND GATES

Brain implants? What will be the the unintended consequences ? I predict one. The Civil Rights Act Of 1964 will mandate that every human be entitled to a implant whether or not there is a brain impairment. Because brain impairment will change to brain enhancement. IQ deficiency will be the bench mark for artificially raising the IQ level. But to what purpose? Good or evil? The problem exists now where sex change procedures allows men to compete against women. I'm reminded of the sci-fi classic "Forbidden Planet" unintended results of brain to machine application....."monsters from the id". We have monsters like Musk, Bezos and Gates who only need fiat money to create chaos.

Sunday, June 19, 2022

OIL AND RUBLE VERSUS DOLLAR AND IDENTITY POLICTICS

RUSSIA HAS THROWN DOWN THE GAUNTLET. "YOU WANT OUR OIL? FINE. BUT PAY IN RUBLES". THE WEST ANSWERS, " WE HAVE THE DOLLAR BACKED BY IDENTITY POLITICS". RUSSIA ANSWERS, " ASK your MAINSTREAM MEDIA HOW CAN A CAR TANK BE FILLED USING THOSE NON STRTERS?".ONE DAY IN THE FUTURE RUSSIA MAY OFFER AN ALTERNATIVE. " DO YOU HAVE ANYTHING TO BARTER FOR OUR OIL? PLEASE DON'T OFFER YOUR ALLEDGED "VICTIMS OF RACISM OR XENOPHOBIA OR HOMOPHOBIA OR OTHER MEMBERS OF CENTRAL CASTING COVERED UNDER THE CIVIL RIGHTS ACT OF 1964 BECAUSE THEY WOULDN'T LIKE IT HERE AND WE DON'T WANT THEM".

Saturday, October 30, 2021

HOW DID WE GET TO MONEY WHEN WE STARTED WITH MONKEY?

TAKE THE K FROM MONKEY AND WE GET MONEY.WANT TO START ALL OVER AGAIN? PUT THE "K" BACK INTO MONEY.WHY WAS THE K REMOVED? IT WAS A MISTAKE TO TAKE A PART OF YOU AND TRADE IT FOR MONEY.

Tuesday, October 06, 2020

Rothschild : Best And Worst of Times

The Rothschild Family are known in caricature as the Midas Family. Everything they touch turns to gold. Aristotle quipped, "...Midas died of starvation..."The implication was one can't eat food that turns to gold in your very hand. With a sunset of fiat money in view what will happen to the Rothschilds? They never had more money because of the drunken central banks around the globe but it comes at the expensive tab of a massive bubble. You see fiat money isn't gold.The Rothschilds are in actuality an extension of fiat money. Cosequently they are a fiat family. Barter will succed fiat money. Any individual personal abilities of the Rothschild Family that they can offer for lifes necessities? Buffett has the same problem.

Thursday, April 09, 2020

Federal Reserve Fiat Money And Tissue Shortage.

The Fed announced this morning trillions of new money being printed to support the economy.We really don't have an "economy" we have a game of fiat money distorting reality. Economies live on skills and work. Fiat money nurtures fianciers. Rather nurture an economy . Rather give rodenticide to Wall Streeters. The fed printing presses have increased output to the point of exacerbating shortages in paper products which includes tissue paper.Finally filthy lucre works in a bartered society and a financial society. Truly fungible.This proves that paper is a better store of value than fiat money.

Monday, March 23, 2020

Federal Reserve: Solitaire Monetary Policy

This morning the Federal Reserve announced a clearance sale on all fiat money that it has left. It will only be limited to how fast the transaction can be completed. By the looks of it a contra party signature may not be required nor any one to sign for the delivery of money in spite of even Amazon's requirement on some Prime Accounts transactions. The money is coming with sirens and it will go through red lights. Actually that's not new. The Modern Monetary Theory has been ignoring economic red lights for some time.Heard of the Modern Monetary Theory? It's distinction is that deficits don't matter and fiscal discipline is cast aside. The Fed spawned the Modern Monetary Theory by it's quantitive easing after financial meltdown in 2008.The Fed created the bubble that now has collapsed and the Fed is trying to reflate with yet another QE. Simply. We do not have an economy in the traditional meaning. We have an economy based on Federal manipulation using fiat money. Our economy is now tied to a federal reserve game of solitaire that it cheats at. The fed claims to be independent of congress. That's another way of describing the fed as outside legal jurisdiction. That's a convenience enjoyed by congress itself. The fed covers up bad congressional policies by just printing more money.Congress and the fed do the devils work.

Wednesday, February 05, 2020

EBAY, INTERCONTINENTAL EXCHANGE, NYSE : BARTER EXCHANGE

The owner of the New York Stock Exchange is Intercontinental Exchange. ICE for short. ICE is in the news today as a bidder for EBAY. Ebay is the electronic flea market. Wall Street is scratching it's head why? I think ICE wants to add to its flea market exchange another type of exchange. With EBAY's established infrastructure it would be easy for ICE to offer an exchange of bartered goods and services. I.E. people who have goods and services for sale could now offer the same to other similarly positioned venders in a cash free transaction--barter. Could ICE offer on the same EBAY platform a facility for exchanging NYSE listed stocks to all comers for goods and services also? With fiat money available for the asking people would want more value for their real goods and services.

Tuesday, July 23, 2019

Congress And White House Negotiate Permanent Fix Of Debt Limit

Today the White House and Congress announce a ground breaking deal to permanently fix debt limit challenge.Spokesmen roll out multi year contract with Hasbro who publish board game MONOPOLY to supply money for any shortfall. Monkeys cheer.

Wednesday, June 26, 2019

BITCOIN VERSUS MODERN MONETARY THEORY

Bitcoin is up $1,000.00 this morning. It's trading approximately at $12,850.00 . Some months ago bitcoin was trading in the $3,000-$4,000 range . So what's up? I think the implicit embrace of Modern Monetary Theory by Trump and his poodles at the Federal Reserve were the catalyst. When was the embrace? About a month ago-approximately May 8. Trump publicly dog whistled, so to speak, his companion dogs at the Fed kennel and told them that interest rates were too high. That was revolutionary.Ten years into an expansion, 3.6% unemployment and near trillion dollars deficits at federal level for this year and maybe into the future as long as we have a future and Trump wants more stimulus.Our fiat money is already laughable. We we give it away gratis to illegals just for showing up. We give it to homeless who don't buy toilet paper with it. We also start wars of choice with it.The theory behind Modern Monetary Theory is the governments monopoly on fiat currency is justified and by extension it's spending because it's confined to our democracy and all in our democracy deserve to participate in government spending. The only caveat is when inflation shows up the Fed must tighten. But what about all that debt at the federal, state, local, corporate and personal level that was created during the easy money stimulus? How will it be paid off with a tightening fed policy? All of these moving parts don't bother the technocrats at the Fed nor does it bother the Philistine Trump who worships at the liquidity altar.Investors are not buying it.And so goes bitcoin up in a ballistic trajectory. There's a social dividend to bitcoin. Bitcoin won't pay illegals, won't give assistance to homeless and bitcoin won't fund wars.

Monday, November 26, 2018

European Union Collapse

The European Union is a modern day version of empires long past.Empires by definition are occupiers. It follows that occupiers eventually lose their power and go home.There are not enough Euros to make the French like the Germans or the Italians agree amongst their own. There are not enough Euros to make the Europeans as a whole like or even tolerate African immigrants/illegals.Consequently a collapse of the EU is coming shortly. There is a limit to fiat money transformative powers.The collapse of the EU will be a text book example in the future.

Saturday, May 05, 2018

Goldilocks Economy And The Bears

If I heard it once I heard a thousand times: "We are in a Goldilocks economic environment." As per the childs fable "It's not too hot and it's not too cold". It's just right.Investment advisors are not known for their sophisticated prose. But they can sure lie cleverly. Our economy rests on pallets of fiat money. Since the Great Recession literally trillions of dollars were printed and put into the system at zero interest rates.What's more our constructively criminally irresponsible congress spends trillions on government stimulus. Bottom line question: "What's the real economy minus all this quasi opioid fiat money"? What about the bears? Goldilocks disturbed the bears.She got away in the fable.But in real life today the bears wants Goldi's ass.They will get it.

Tuesday, February 14, 2017

Blackstone Stephen Schwarzman Has A Birthday.

Stephen Schwarzman had a birthday party for his 70th. He spent $10 million . It was in Palm Beach , Florida. The theme was Silk Road. It had camels, Mongolian and Japanese dancing women.We know Schwarzman as the billionaire founder of Blackstone. It's the money manipulating private equity firm that creates wealth out of debt. That's akin to wearing diapers all the time. One doesn't go to the bathroom publicly but at some point the mess has to be cleaned up in private.But then the private moment becomes public and nobody is fooled any longer.Schwarzman bought his 34 room 17,000 square foot duplex 740 Park Avenue digs in Manhattan from the late Saul Steinberg.He was the wonder kin who also parlayed debt to create the highly leveraged computer leasing company LEASCO. He parlayed that to acquire 150 year old Reliance Insurance. He tried to parlay that to buy Disney and/or Chemical Bank. Neither worked out. Chemical Banks tussle with Steinberg was the beginning of the end.Banks don't want to be taken over by debt. That's their own game.Long story short Steinberg went broke and then died in 2012.Steinberg had a birthday party many years prior to the collapse of his debt ladened empire.. It was indeed similar to Schwarzman's lavish conspicuous bash. Saul famously was quoted as telling one or two guests at his party "If I could I would short me."I'm sure that shorting S. Schwarzman is the furtherest thing from Schwarzman's mind. Saul died when he was 73.Saul and Stephen have the same initials!

Monday, June 27, 2016

Federal Reserve Experiment

The Federal Reserve should consider printing money with disappearing ink.Because negative interest rates in Europe and Japan has't worked Yellen et al in the money kitchen should consider artificially withering currency. Not every bill should have a short shelf life say 1 year. Maybe only 2%. That could be one way of achieving 2% inflation. The clear message would be spend the cash or risk losing it.A side benefit would be a squeeze on drug dealers because they are cash only transaction. Counterfeiters could profit because their money would be more valuable by comparison. Their money would still be the reliable old fashioned method of production.The alternative to currency machinations world wide would be paying people what they are worth. That would shrink the deficits dramatically.And obviate the need for growth.

Tuesday, April 05, 2016

Employers Can Eliminate Many Fifteen Dollar Per Hour Jobs

Brave new world of fiat wages has arrived.It was bound to happen after so much fiat money has been created. Funny money is always followed by funny salaries. Remember the gas station attendant jobs? They went away with self service pumps. Now fast food workers are going to get raises in some states.What does a fast food worker do ? He/she presses icons on a menu screen when taking orders from customers. How about the employer turns the touch-screen menu towards the customer and eliminate the worker?Tell California Governor Jerry Brown and New York Governor Andrew Cuomo they should have had real jobs before they got into politics.