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Post by Entendance on Sept 10, 2022 4:14:28 GMT -5
On the Subject of Money The Value of Money The “Optimal” Money Stock “Cantillon Effect” Origin of Money Constant or Increasing Money Stock? Time Preference Credit Markets The Issue of Price Volatility Intermediation Today’s Fiat Money Regime Central Bank Digital Currency The Marxist Idea of a Central Bank “Great Reset” A Free Market in Money “Monetary Enlightenment”
"...All in all, this effect causes other problems which we probably wouldn’t have without central banks. And as usual, government causes problems which wouldn’t happen without its interference." The Cantillon Effect and Populism
H/T Tom from Florida
income chart~cantillon effect...went parabolic like debt!
"The message is straightforward. Only a few decades ago, the middle class and the poor weren’t just receiving healthy raises. Their take-home pay was rising even more rapidly, in percentage terms, than the pay of the rich.
The post-inflation, after-tax raises that were typical for the middle class during the pre-1980 period — about 2 percent a year — translate into rapid gains in living standards. At that rate, a household’s income almost doubles every 34 years. (The economists used 34-year windows to stay consistent with their original chart, which covered 1980 through 2014.)
In recent decades, by contrast, only very affluent families — those in roughly the top 1/40th of the income distribution — have received such large raises. Yes, the upper-middle class has done better than the middle class or the poor, but the huge gaps are between the super-rich and everyone else..."
***Our Broken Economy, in One Simple Chart*** H/T Tom from Florida
***Dutch Sandwich Updated
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Post by Entendance on Oct 1, 2022 3:33:55 GMT -5
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Post by Entendance on Oct 5, 2022 11:31:14 GMT -5
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Post by Entendance on Oct 18, 2022 3:28:49 GMT -5
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Post by Entendance on Nov 7, 2022 17:20:28 GMT -5
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Post by Entendance on Nov 18, 2022 4:44:21 GMT -5
The Prince of the once "pariah" state has for long denied ordering Khashoggi's killing, despite all reports and intelligence saying otherwise.
Biden administration requests immunity for Saudi crown prince in Khashoggi killing: 'Beyond ironic'
'Without prior warning, they closed the area, completely bulldozed my land, and uprooted the olive trees' - complained Palestinian farmer after Israely soldiers destroyed least 2,000 olive trees in Qarawat Bani Hassan village. Last time the 'crime against agriculture' took place in Deir Ballout town, where Israeli forces uprooted 3,000 trees. Israeli forces destroy 2,000 olive trees in West Bank |
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Post by Entendance on Dec 24, 2022 7:39:36 GMT -5
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Post by Entendance on Jan 17, 2023 5:17:24 GMT -5
 The WEF is insulating policy-making from democracy
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Post by Entendance on Jan 27, 2023 3:56:23 GMT -5
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Post by Entendance on Mar 13, 2023 5:57:35 GMT -5
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Post by Entendance on Apr 15, 2023 11:49:01 GMT -5
US Government Deficit/Surplus, by Year:
- 1960: -$3 billion
- 1970: -$3 billion
- 1980: -$70 billion
- 1985: -$210 billion
- 1990: -$220 billion
- 1995: -$160 billion
- 2000: +$240 billion
- 2005: -$320 billion
- 2010: -$1.3 trillion
- 2015: -$440 billion
- 2020: -$3.2 trillion
- 2022: -$1.4 trillion
- 2023 So Far: -$1.1 trillion
Last month, the US posted a $378 billion deficit.
By comparison, the entire deficit for 2008 was just $458 billion.
The US government is printing and spending money like never before.This can't end well.
Schectman reports that retail demand for gold and silver exploded after the recent U.S. bank failures and that while demand long had been heaviest in silver, demand lately has shifted to gold. He recommends purchase of smaller coin units for their greater liquidity and flexibility in spending.
Weaponization of the U.S. dollar, Schectman notes, is uniting much of the world against the West and causing many nations to move out of the dollar. Meanwhile, he adds, central banks around the world are rapidlty adding to their gold reserves, indicating that some new international currency system arrangements will heavily involve gold.
Schectman wonders if the looming destruction of the dollar is meant as U.S. policy.
People should acquire the monetary metals, Schectman says, not to try to get rich but to protect themselves against the risk of currency destruction and the insolvency of banks.
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Post by Entendance on Apr 27, 2023 5:11:20 GMT -5
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Post by Entendance on May 22, 2023 5:47:01 GMT -5
Felix, qui potuit rerum cognoscere causas -Publius Vergilius Maro
Fortunate who was able to know the causes of things
Dichoso aquel que puede conocer las causas de las cosas
Heureux qui a pu pénétrer la raison des choses
Glücklich, wer den Dingen auf den Grund sehen konnte
Fortunato colui che ha potuto conoscere le cause delle cose
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Post by Entendance on Jul 27, 2023 6:50:34 GMT -5
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Post by Entendance on Aug 13, 2023 2:08:02 GMT -5
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Post by Entendance on Aug 20, 2023 1:16:14 GMT -5
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Post by Entendance on Aug 21, 2023 3:20:18 GMT -5
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Post by Entendance on Aug 23, 2023 11:25:21 GMT -5
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Post by Entendance on Sept 2, 2023 3:50:57 GMT -5
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Post by Entendance on Sept 24, 2023 4:57:24 GMT -5
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Post by Entendance on Sept 30, 2023 6:45:59 GMT -5
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Post by Entendance on Oct 10, 2023 7:30:02 GMT -5
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Post by Entendance on Oct 12, 2023 8:21:20 GMT -5
People Have A Serious Case Of 9/11 Brain Right Now, And It’s Scary
I had to take a short break from reading about what’s happening in Gaza. I saw one too many images of dead kids on Twitter and just had to lie down for a while.
It was like running out of health in a video game. I was still trucking along, and then I saw this one particularly gruesome image on Twitter of a dead Palestinian child which I won’t even describe here and my nervous system was like, “Nope, that’s it, we’re done,” and I just felt all the energy go out of me and slumped over.
And that was just me sitting in the comfort and safety of my own home. I can’t imagine what it’s like to actually be there, under siege with all energy and supplies cut off, while it gets harder and harder to get information to the outside world as military explosives rain down relentlessly.
It’s so, so bad, and it’s going to get so much worse. Israel has already taken more lives than the 1,200 it lost in the Hamas attacks, with the official death toll from the Gaza bombings now having passed 1,200 as of this writing, on top of the 1,500 Hamas militants who were killed during the attack. But the killing is going to continue far beyond this point. One gets the sense that the IDF is barely even getting started.
That’s why so much energy is getting poured into trying to make the Hamas attacks look as bad as possible — to make the gratuitous slaughter that’s about to come look reasonable. We’re seeing claims about decapitated Israeli babies being uncritically promoted as fact by the mass media and by US and Israeli officials, and then being walked back as it turns out those claims are unverified and dubiously sourced. We’re seeing claims about mass rapes being uncritically pushed by the mass media, only to see them retracted as unverified after the narrative has taken hold.
The only reason the political/media class of the imperial core are falling all over themselves to promote these narratives without waiting for the evidence is to make Israel’s ongoing murder of civilians in Gaza look appropriate. It’s completely undisputed that Hamas killed a huge number of people on Saturday, and it’s completely undisputed that a huge number of those killed were noncombatants. This alone could be used to justify retaliatory military operations by Israel, but because those retaliations are going to dwarf the initial offense, Israel and its allies need to frame that initial offense in the most shocking and rage-inducing light possible.
It was reported that the US and Israel were in discussions with Egypt to provide safe corridors for an evacuation of Gaza, which Moon of Alabama noted would have been ethnic cleansing if carried out. But it’s now being reported that Egypt has rejected those proposals, citing the need to protect “the right of Palestinians to hold on to their cause and their land”.
So they’re trapped there. Two million people, half of whom are children, packed into a tiny strip of land which an Israeli security official says is going to be reduced to “a city of tents” with “no buildings”. And they have to somehow not get killed amid this onslaught while somehow managing to get enough to eat and drink in a besieged city with no power.
We could be on the precipice of one of the darker entries in the annals of history.
Something very eerie happened the other day. I posted the following on Twitter:
“If I was an Israel supporter I’d be thinking very carefully about the things I’m posting online in the build-up to what could wind up being regarded as one of history’s worst genocidal massacres. The internet doesn’t forget. What you’re tweeting today could haunt you for life.”
The post received hundreds of comments, many of them hostile and argumentative. But what really disturbed me is that going through them I couldn’t find a single one that disputed my claim that Israel may be on the verge of committing one of the worst genocidal massacres in world history. They were angered by my opposition to Israel, angered by my criticism of their social media activity, but apparently they had no objection to the whole massive genocidal massacre bit. That part they take as a given, and accept.
Which may come as no surprise to you if you’ve been paying attention to the way Israel apologists are talking about this situation. The Grayzone’s Jeremy Loffredo recently posted a compilation of numerous pro-Israel demonstrators in New York City spouting genocidal vitriol calling for the extermination of all Palestinians and turning Gaza into a parking lot. It’s ugly to watch, but it’s also just Israel apologists saying the same things in person that they’ve been saying online all week.
Stokely Carmichael said “If a white man wants to lynch me, that’s his problem. If he’s got the power to lynch me, that’s my problem.” These genocidal ideations wouldn’t be as much of a problem if Palestinians weren’t completely beholden to the whims of a deadly military force that is backed to the hilt by the most powerful empire that has ever existed. They can kill as many Palestinians as they’ve got a mind to, and there’s a lot of consent for this throughout the member states of the US-centralized empire.
When announcing the total siege of Gaza, Israeli Defense Minister Yoav Gallant said that “We are fighting human animals and we are acting accordingly.” This is the dehumanizing language of extermination. This is not the sort of person you want pointing modern weapons of war at defenseless civilians in an open-air concentration camp.
People are going insane, in the same way they went insane after 9/11. In the immediate aftermath of the 9/11 attacks there was this shrieking emotional intensity which saw critical thinking go out the window and saw people’s minds consumed with a rabid lust for Muslim blood. People have a serious case of 9/11 brain this week, and it’s more than a little scary.
It is very fitting, then, that numerous political and media figures have been working to brand the attacks this past Saturday as “Israel’s 9/11”. After 9/11 everyone lost their minds and started believing a bunch of lies and consenting to power-serving agendas that went on to do orders of magnitude more damage than the initial traumatic event did, and we’re seeing that same infernal trajectory unfolding again today with Israel.
Comparisons to 9/11 should make everyone more critical and resistant to warmongering agendas, not less. The most consequential thing about September 11 2001 was not what happened on that day but what happened in the days that followed, with the “war on terror” causing millions of deaths and displacing tens of millions of people — vastly eclipsing the 3,000 dead from the 9/11 attacks themselves.
That’s what people should think about when these 9/11 comparisons emerge. Not “Oh well we need to consent to a bunch of military agendas and kill a bunch of people then,” but “We need to be extremely skeptical about everything we’re being told, and begin pushing for peace as aggressively as we possibly can.” -Caitlin Johnstone |
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Post by Entendance on Oct 18, 2023 10:16:05 GMT -5
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Post by Entendance on Oct 27, 2023 4:40:53 GMT -5
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Post by Entendance on Nov 14, 2023 13:34:26 GMT -5
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Post by Entendance on Nov 23, 2023 12:26:54 GMT -5
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Post by Entendance on Dec 8, 2023 12:23:01 GMT -5
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Post by Entendance on Dec 15, 2023 12:36:11 GMT -5
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Post by Entendance on Dec 28, 2023 13:09:54 GMT -5
 In her first interview since Russia’s military engagement with Ukraine began, Elvira Nabiullina told RBK about the toughest sanctions and the delayed key-rate increase, and specified whether subsidized mortgages will become rare in the future... |
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Nuke War, Bioweapon Awakening, Dollar Dies 
Pfizer Exposed For Exploring "Mutating" COVID-19 Virus For New Vaccines 
Here
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