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LowIQTrash
Today 10:54 am
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3,387 posts
And public infrastructure like roads gets worse and worse.  
Drive down the 5 freeway in Los Angeles and you'll get a roller coaster ride without standing in line.
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All money is loaned into existence at interest, not printed.  Few seem to realize that as fact.

But not just anyone can loan money into existence.  After all, they could loan themselves UNLIMITED money AT NEGATIVE INTEREST RATES, which would rapidly destroy the currency.

No, exactly as Marxist Communism requires, the PRIVILEGE of loaning currency into existence, credit, is a State Monopoly Privilege given to defacto Aristocrats in the exact same way, and for the exact same reason, that Feudal Kings distributed the identical monopoly privilege over Land to Medieval Aristocrats:  So they can collect unearned rents on other less privileged people's productivity.

Thats it.  That is the whole story.

1.  Communism IS FEUDALISM, simply with the hereditary titles cloaked behind a disingenuous veil of pretend-equality.  You are never the equal of the Commisar 

2. Modern Finance is exactly and precisely simultaneously both Financial Feudalism and Marxism...because those are two descriptions of the same thing:  A system of social privileges resulting in unearned rents distributed by the sovereign to cronies.

So...

...why did you ever think you could keep either Capitalism or a Free Society under a financial system straight out of Marx's "Communist Manifesto"?

God hates Feudalism and Marxism.  That is the meaning of their consistent dysfunction.

Mathematically you have less than 10 years to fix it, at which point its exponential nature will fix it violently in a way that civilization is unlikely to survive.  

Go that route, and your kids will live like Mad Max, and you Great-Grand Kids will live as stone age hunter-gatherers in the ruins.

So, figure it out.

Its not complicated. 

Civilization cannot exist without a reasonable expectation of Trustworthiness.

There cannot be a reasonable expectation of trustworthiness when all transactions must be mediated by a fraudulent rent-collection scheme.

If you do nothing, then during and after the coming crisis barter will be the only means of trade...  Stone Age economic trade cannot result in other than stone age technology and conditions...because those are the only ones such means of trade can pay for.
With one Caveat...this scheme is not out of the playbook of "The Communist Manifesto"...it's out of several collective passages found in the T@LMuD

:rofl:   :clap:   :rofl:  

Get ready for the culling G0Y1M...the Second Great Depression cometh...
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