Thursday, 24th November, 2,011.
The Deflation.(Financial Crisis.)
I should add on – Point 11, Deflation!(Continuing my exposition of my solution to the financial crisis!)
One of the consequences of going off The Gold Standard has been Deflation(The huge correction now on.). It was FIRST, – the booms that EVENTUALLY came.
And NOW the deflation CORRECTION which I think will take us back to 1971 levels – and possibly earlier!!
Going off The Gold Standard was a bad move. (Though I suppose it fixed the tightness that existed around 1971.) Because it has led to the appalling crisis that we are all now in!
Having bank-notes was much easier than carrying gold and silver coins around. Coming off The Gold Standard was like a ship on a river near a waterfall cutting itself loose from a bouy! Especially when after withdrawing THE REDEEM IN GOLD PROMISE, the paper of the bank notes had NO VALUE whatsoever!!
Bank notes were PURCHASING TOKENS with a value to the equivalent in GOLD. But with the promise gone and NO TIE to the value of gold, the bank-notes became WORTHLESS PAPER!!(Only as strong as THE WHIP(Of Governments decreeing fiat!))
You HAVE TO HAVE a standard of VALUE! Because when the authorities decreeing the fiat money fail, then we are all left with ONLY the purchasing token! As promissory notes – good. But WITHOUT the promise, – WORTHLESS!!(It only needing the goverment to fail!) And there is NO promise to redeem in gold NOW!!
At first buying of U.S. dollars, and of commodities(eventually)went up. But though The Greatest Confidence Trick of all time may have fooled MOST, it has not fooled that critical number of buyers – who switched to buying gold and silver!! Thus sending the value of The U.S. dollar down! And the price of gold and silver UP!!(They are falling now because COMMODITY prices in general are falling! But I expect gold and silver to rise again. Especially silver!!)
Many years were to pass after 1971 before business trusted The U.S. Dollar and The Markets!!
Finally buying peaked(the ship no longer anchored to VALUE(of gold), drifted slowly to the edge of the waterfall!), and now an increasing number of buyers SEE that gold and silver is worth far more than non-promissory bank-notes, so are buying gold and silver – even with the now worthless(in terms of REAL VALUE)pieces of paper(THAT is a good deal!!)!!
It is so important to see all this! Then perhaps we can soon see a return to the gold(or better still, go to silver)standard!
Because, if we don’t, then the slide and plunge to THE ROCKS – will continue. And ACCELERATE – as it SPREADS too!!
We have a choice: We can either SLASH SPENDING, raising taxes,etc. and interest rates, bonds,etc. and print away via Q.E’s(along with electronic printing and borrowing,etc.) OR, we can go back onto gold(or into silver)standard!(IF we are in time to reverse the rot!)(Perhaps not!!)
I do not know how long it would take to halt the slide, but eventually that would happen – because buyers would SEE that with a standard of VALUE(gold or silver), again(AND purchasing tokens of VALUE!), then no need to buy gold and silver – and thus depress the dollar,etc!
So we have NO time to lose!!
Failing to live within our means ALONG WITH the resulting rising debt and deficit MUST mean Market CRASH, via deflation and inflation!! And THAT will cause CHAOS and DESTRUCTION!!!!
So get back onto gold and or silver standard – af fast as possible,
and PUBLICIZE THAT FACT TO THE MAXIMUM!!
That IS our best, and indeed, our ONLY, hope!!
Because too many of the people will not bear the austerity measures implemented and riots and rebellion,etc. which WILL follow!! Which is WHY we have for some time now been seeing the falling governments of North Africa and The Middle East!!(As the weaker countries fell first.) As riots pushed leaders out.(Thanks to The Fed Q.E’s! (The banks cry out to The Government for more money, and The Bernankes of the world just print away!!))
A tough choice and call, but THERE IT MOST CERTAINLY IS!!
The small critical relative factor of NO VALUE TO THE PURCHASING TOKENS(promise gone PLUS PAPER purchasing tokens(bank-notes)(and watered down coins(brass)!) has been HIDDEN, being BURIED under the much bigger EXCESS SPENDING factor!!
Now can you all SEE this?? ??
It will make the difference between perishing horribly and terribly – and recovering!!
IF we can recover in time!!(After doing the necessary.)
But one thing is for sure: Printing more and more of the fiat money is going to do ever briefer less and less good. Only to be followed by even worse debt and deficit!!(On the OTHER HAND, since we face WIPE OUT from Nature from now on(!), just spend away – as no future ANYWAY!!)(But I suppose better to die trying to survive THAN NOT TO!!)
OTHERWISE it MUST be just a matter of time before we hit the rocks IN THE BIGGEST WAY THAT WE HAVE EVER KNOWN!! Surpassing even The Great Slump of 1929 and The Depression which followed!
A disaster we are all contributing to to some extent or other.(Because so many WILL NOT exercise that bit of self-control and discipline denial,etc.)(NORMALLY, THRIFT(saving – to have enough later) IS the way to go. But our monetary system is such that we have to spend(like blood flowing through the body)to survive.(Which is right!) It is not SPENDING that is bad, but EXCESSIVE spending. We need to moderate. In other words we need to get the flow of blood(money)flowing fast or faster, but not to the extent where we freeze our extremities!! Blood flow(money in the economy)is good, but not if we drain the body of blood to get it flowing through the tubes!!(It is no good going into DEBT and DEFICIT to keep the economy going!!)
The PURCHASING TOKEN ITSELF(Bank-notes and coins) is MEANINGLESS in ITSELF.,PER SE! It is only a REPRESENTATION of THE TRUE MONEY, for CONVENIENCE!! Which WAS gold.(But in future best(I say)to be SILVER!!)(Because of its INDUSTRIAL value, as well as its rare-ity!) WHICH (GOLD and/or SILVER) was ITSELF a TOKEN(But of VALUE!), REALLY, to provide CONVENIENCE in place of BARTER!!
Spiritually, divine will and love are the top coins. Materially, BARTER was, but for CONVENIENCE gold and silver became its TOKEN REPRESENTATION!!
But when they uncoupled the SECOND purchasing token(bank notes)from the INITIAL purchasing token(gold)then it was decreed that PAPER was of value, but GOLD not!!)(In order to be able to EASILY make ANY AMOUNT THEY WANTED!)(Through the banks, The Fed took nearly all the GOLD, and GAVE it to RED China(in the HOPE of certain favours!) AND WITHDREW The PROMISE on The Bank-Notes(The Bank PROMISES to REDEEM(in GOLD)on demand!)(!!), then(In The Greatest Con Job in HISTORY!!) returned(working slowly,slyly, en masse and SAYING NOTHING), THEY(The Banks,really, via The Government, as The FED!!) gave away(To RED China of all nations!)nearly all the country’s GOLD. But RETURNED NON-PROMISSORY PAPER to the people!!!!(Bank notes. By FIAT Government ORDER!!)(Enforceable by LAW!!)(Thus changing what were ONCE gold and silver COINS into PAPER and BRASS(Cheap metals!)!!!!)(Bank-notes and WATERED DOWN coins(WORTHLESS PAPER and SCRAP METAL!!!!).) (With not a word said about it!!)(What a CRAZY world!!)
Plus those who are wisely buying gold and silver RISK having gold(aye, and silver!) CONFISCATED!!
Because of THE SHEER GREED and LUST FOR POWER, of the BANKS, BROKERS, MONEY-LENDERS and MORTGAGERS,ETC!!!!
(The Banks,etc. have REALLY bought The Governments!!)(And now rule them!!)
What is AMAZING is that SO FEW seem to have NOTICED – this INCREDIBLE sleight-of-hand!!
And nothing SAID, until now, by me!!
I do NOT condone violence,etc. But it is not surprising that we have the rebellions and RIOTS that are now growing and spreading throughout the nations of the world!
This is devolving into a war between The Big Corporations (Who rob the people(in subtle legal ways)) and The Trade Unions!!(Who TELL businesses how to run them!!) via THE MOB who destroy buildings and people,ETC.ETC!!!! who need little excuse for violence,etc!! Two HORRID groups.(The Masters versus The Slaves.)
Centre Right and Centre Left are the least evil ways to go now!!
Now, dear READER, are you getting THE PICTURE??!!
We are FACING hideous wipe out via financial and economic failures!(Companies collapsing. Banks closing their doors. Money becoming inaccessible(in any case really worthless!). Governments falling. Rebellions. Mass rioting. Civil War. Wars. WORLD WAR 3,even. Etc. (The People ARE ASLEEP!!) Even BY Christmas THIS YEAR!!
We have made The U.S. Dollar supreme. We have organized everything so well. And NOW the WHOLE pack of cards is starting to COLLAPSE. Beginning in U.S. Now developing in The Eurozone, and soon domino fashion to go like wild-fire THROUGH THE WHOLE WORLD!!!! Via Japan and then even China. Finally hitting Australia and New Zealand!!!!
Because of MASSIVE DEBTS and deficits.
Due to a GENERAL FAILURE by so many TO LIVE WITHIN THEIR MEANS!!
And NOW all of us are VERY SOON to be HIT with a DOW CRASH exceeding The Great Slump of 1926!
In a world of PLENTY, certainly plenty of people!, we shall have immense unemployment, homelessness, food,etc.shorages plus the grand-daddy of ALL backlashes amid General Emergencies, Police States, Martial Law and Curfews the likes of which have never before been seen!!
All eyes are on Europe now(The Eurozone, The EU, NATO,ETC.) as it teeters and totters ON THE BRINK!!
I think Europe is about to DISINTEGRATE.
Countries are going to pull out of The Eurozone. As well as DEFAULT. And that will be FATAL – for the WHOLE WORLD!!
I am trying as hard as I can to reach as many as I can with THE SIMPLE OBVIOUS SOLUTION(but am of course resisted and opposed ALL OUT because trying TO DO GOOD!!) – Get BACK IMMEDIATELY on The Gold Standard. The ROOT of our financial and economic WOES!!
Are you listening?? Are you WITH me??!!(In both senses!!)
The Politicians and The Economists need DRIVING to get back onto The Gold (But Silver better!!) Standard PRONTO!! Because THAT is the root caause of our financial and economic WOES!! YES, I aver!! !!!!
I mean that is at The National and International Levels.
Though in general SPENDING TOO MUCH is the root cause!!
FAILING TO LIVE WITHIN OUR MEANS!!!!
Whilst Excessive Spending IS the root financial and economic cause, THE SOLUTION is to remove the BASIC FLAW!(By RESTORING the GOLD STANDARD! As quickly as you POSSIBLY CAN!!!!)(But better still – The Silver Standard!!)
In 1971 you got rid of the financial tightness by ensuring financial and economic GLOBAL DESTRUCTION – later on!!
It should also save us from being driven to go to war(to get money via arms etc.buying!)!
I offer you all THE GOLDEN KEY – OUT of this mess!!
I call this “Dropping the other shoe!!”.(The first shoe was the boom UP. Now we BEGIN to see the CRASH DOWN!!!!)
It has taken 40 years for THE DRAG(that slow, subtle, stealthy dead weight few noticed!) on The U.S. Dollar to work its way through to fall far enough(being the world’s leading currency) – to produce the rapidly worsening dilemma THAT WE ARE NOW IN!!
Go my simple,easy way!!
Time is of the ESSENCE though!!
So we shall need to PUBLICIZE the return to gold, or onto silver, to the HILT, so to reduce the time taken to recover!!
Massive Deflation(The Correction) will result now(Anyway! Stop or slow this by re-coupling to GOLD AND SILVER, AS FAST AS POSSIBLE!!). As prices return to 1971 or earlier levels!!
See what happened? U.S. came off Gold Standard in 1971. (This is LIKE pushing the jack from under a car WHEN YOU ARE UNDER IT!!)
(Joy is not Happiness and Licence is not Liberty!!)
It relieved the tight situation prevailing – but at the expense of greater problems LATER!
So more bought the U.S. dollar, and it went up.
Eventually, market booms came.
They TRIED to make PAPER(bank notes) take the place of gold. But ENOUGH people are SEEING THROUGH IT!!
MOST people bought it!(So many REALLY think NOW that those paper banknotes and watered down coins, REALLY are valuable like their predecessors!!)(Originally gold and silver!!)
BUT,no, they are not!!
ONLY so long as Government stays put to decree it!!
Money! But it is ARTIFICIAL MONEY!!
Do you understand??
Have you GOT it??
Well, if so, whatever you do, DON’T keep it to yourself!!
How about THAT,then??!!
Those with temporal influence NEED to learn about it!
Will you TELL THEM, please!!!!
We NEED to ACT, AT ONCE!!
Or starve to death!!
GET BACK ONTO THE GOLD STANDARD!!!!
BETTER STILL, go onto SILVER STANDARD!!!!(Gold has little value,bar pretty. SILVER has INDUSTRIAL VALUES, and is RARE!!)