MONEY: “Inside Money” standard and the “Outside Money” reality

https://tomluongo.me/2022/03/13/ins-outs-whose-money-is-it-anyway/

MONEY, POLITICS
The Ins and Outs of Whose Money is it Anyway?
Date: March 13, 2022Author: Tom Luongo

*** begin quote ***

Today’s “Inside Money” standard, known colloquially as the Dollar Reserve standard, is actually what I like to call “Milton Friedman’s Nightmare.” It is nothing more than a system of competitively devalued and inflated debt-based scrips running around drinking each other’s milkshakes until everyone’s glass is empty.

FYI, there are a lot of empty glasses around the world right now and more are being created everyday as the financial system turned predatory after the Lehman Bros. collapse in 2008.

It was then that the Central Banks and governments turned fully against the people sucking up more and more outside money by inflating inside money egregiously to control more and more of the real wealth of the world.

There is only one problem with that, however. Eventually, you run out of property to squeeze out of people’s hands. The more you take, the less people are restrained by little things like laws.

Eventually two things happen. The first is what we’ve been seeing from Russia and China for the past twelve years — steady accumulation of gold and other hard assets, outside money, including the building of real manufacturing infrastructure as well as the financial infrastructure to house it.

The second is just over the horizon — the moment where all the legal claims to controlling outside money mean nothing when enforcement of those legal claims gets exposed as a bluff because there aren’t enough enforcers capable of keeping the looters from taking it.

*** end quote ***

I’m am waiting for the “Great Reset” to drop on “We, The Sheeple” of which I am part of in someways.  I know this is going to hurt the poor, the seniors, those on fixed incomes, as well as the non-super rich.

Wonder what the price of gold will go to … … (the fellow’s guess)  about 45k$.  By other guesstimates, that’ll translate to 80$/gallon for gas.  Now I’m not predicting this but even if gas goes from 4 to 8$/gallon, the economy is totally screwed.

The U$D would be near worthless.

Argh!

The future is murky and there could be a cliff in the fog.

—30—

 

RANT: Where are these folks getting dollars from?

https://freerepublic.com/focus/f-news/3999881/posts

*** begin quote ***

Influx of Haitian migrants pushing locals out of housing in Colombia beach town
10/1/2021, 9:42:21 PM · by blueplum · 4 repliesReuters via msn ^ | 01 October 2021 | Henry Esquivel
NECOCLI, Colombia (Reuters) – An influx of thousands of mostly Haitian migrants seeking transport northward toward the United States is pushing locals in the Colombian beach town of Necocli out of housing, residents said, as landlords favor migrants able to pay in dollars. The backlog of migrants waiting in the town for scarce places on boat transport toward the jungles of the Darien Gap in Panama, where smugglers guide groups northward on foot, has swelled to up to 19,000 after the lifting of COVID-19 border closures…. Even commercial properties are being re-purposed….

*** end quote ***

Something is rotten in Denmark?

I smell a Soros involvement.

Who’s paying for this?

Argh!

—30—

RANTING: NFL is self-destructing

https://newsbusters.org/blogs/culture/jay-maxson/2020/12/03/fans-disappearing-nfl-stupidly-continues-down-self-destructive

Fans Disappearing As NFL Stupidly Continues Down Self-Destructive Road
Jay Maxson
December 3rd, 2020 1:14 PM

*** begin quote ***

Who wants to watch spoiled, over-paid jocks who’ve turned pregame ceremonies meant to honor America into anti-American protests?

Who wants to read social justice messages on playing fields and players’ helmets touting criminals and trashing public safety officers?

Who delights in watching lightly punished criminals compete in sports? Or idiots like Odell Beckham Jr. simulating urinating on the president?

Over the last several months, NFL players have been arrested for DUI, domestic violence, battery, disorderly conduct, hit-and-run, drugs, armed robbery, vandalism, drug violations (see photo of Denver’s Melvin Gordon, arrested in October for drunk driving). When these players add Black Lives Matter activism to their sorry acts, it only alienates more fans. On top of all this, we’re just a couple months away from yet another women-degrading bozo disgracing the Super Bowl halftime stage.

So, NFL, continue on down this self-destructive path you’re on while your sorry house continues to burn down.

*** end quote ***

Argh!

I’m sure that people don’t like their circuses interrupted with self-righteous pontifications by spoiled brats.

Argh!

When will “We, The Sheeple” ever learn!

—30—

RANT: Mum loss could have been prevented if onlookers had …

http://www.theblaze.com/stories/australian-mom-killed-by-flood-after-dozens-whip-out-smartphones-instead-of-helping/

Technology
Australian Mom Killed By Flood After ‘Dozens’ Whip Out Smartphones Instead of Helping
Posted on February 7, 2012 at 11:55am by Liz Klimas

*** begin quote ***

But, as if this damage weren’t devastating enough, the only fatality reported thus far could potentially have been prevented if onlookers had put down their smartphones to lend a helping hand. A mother from the town of Roma and her 7-year-old son were trapped on Friday as the strong current began pulling them apart. Australia’s Courier-Mail reports that some men rushed in to help Jane Sheahan as she passed her son, Darcy, to them. But it was too late for Sheahan to be pulled from the water herself.

*** end quote ***

Wasn’t there. Don’t know the whole story. Can’t condemn folks for not risking their life.

Only hope that if I get such and opportunity, I won’t look the other way.

Sigh!

Save a life!

Isn’t that on everyone’s bucket list?

It is on mine. Right above “deliver a baby”.

(Strangely women are very uncooperative. They seem to insist on a real doctor. I’ll have to find with no other choice. Like that lady on the NYC bound commuter train; she wasn’t that “ripe”. And, a near miss when I was on the first aid squad. No luck!)

Back to the topic, it’s like that poem —

Be in their flowing cups freshly rememb’red.                This story shall the good man teach his son;                And Crispin Crispian shall ne’er go by,                From this day to the ending of the world,                But we in it shall be remembered-                We few, we happy few, we band of brothers;                For he to-day that sheds his blood with me                Shall be my brother; be he ne’er so vile,                This day shall gentle his condition;                And gentlemen in England now-a-bed                Shall think themselves accurs’d they were not here,                And hold their manhoods cheap whiles any speaks                That fought with us upon Saint Crispin’s day.

— will these “men”, these onlookers with smart phones, think themselves “accurs’d”. “Holding their manhood cheap”.

Shame.

Where are the heroes?

Yes, there were some that day. Saved a child. But, perhaps extra hands or an earlier response would have saved Mum too.

Ashamed to be a man by such a poor performance by other of my sex.

Argh!

# – # – # – # – #