I keep seeing articles about the ‘road to recovery’ and that idea is missing the entire point. This fiat system has to go to failure, then something else will be put in its place. The road goes to collapse and then rebuild an entire civilization before it can even think about recovery. Who would want to keep this fake fiat money system that has destroyed so many?
A long term economy cannot be built on the fraud of fiat money creation. Ghengis Khan tried it with tree bark, Rome tried it with bronze slugs, America with her preposterous digital ‘money’.
The great swindle, fortunately, is imploding. Those in power will seek to keep the game going as long as they can in an effort to take no blame and/or get out of dodge.
Let’s say someone bought 10 units in 2019 for 1.2 million dollars. Each unit renting for $1,000 a month. He made 10k in gross income and after expenses his net operating income was 6k a month. The mortgage payment was 5k, leaving him with cash flow of 1k a month. OK, so a fairly good deal, certainly many investors would have done that deal in 2019 as the commercial property market was hot.
Then covid hits and 2 renters move out. A third renter has asked for forbearance and a fourth renter is not responding to calls or answering the door. So instead of making 1k a month our investor is now losing 3k a month. He is paying handsomely to own this investment property.
What a comment from Never_Guess at zerohedge: “I’ll put up with a lot of you sh-t lib progressive types and your abhorrent views on how others should live their lives but I will be damned if I let you murder living, breathing, children and try to convince me that is okay. you are murderers, you are cowards and you will go to the worst and most torturous place after this life and I have no sympathy or pity for any of you.
youre too much of a coward to take the life of something that can fight back, so you target the weakest and most vulnerable that this world has to offer. And when everything is set right in this world (and it will be) you’d better hope someone like me doesn’t get their hands on you, because we know that a bullet is just to good for baby murdering trash like you.”
It looks like the battle lines are being drawn, Good v. Evil. I understand the sentiment surely. What Christ said about children is clear: Matthew 18:6 “Whoever causes one of these little ones who believe in me to sin, it would be better for him to have a great millstone hung around his neck and to be drowned in the depths of the sea.”
Our priest this weekend quoted St. Teresa of Avila:
“In light of heaven, the worst suffering on earth will be seen to be no more serious than one night in an inconvenient hotel.”
― Saint Teresa Of Avila
Compared to Heaven, life here on earth is like one night in a cheap motel. So what do you have to lose? Fight for goodness, fight for Christ. Be a child of light. Do what’s right, regardless of what it costs you personally. Nothing on earth is worth sacrificing eternity for.
From CliveMaund.com: “Finally, I want to take this opportunity to recommend that you do whatever you can you make sure that you have at least some physical gold and silver in your possession. Very bad times are headed our way and most Americans have no idea what’s coming down the pike. If you have to pay a premium then pay it, because the premiums are only going to get bigger with passing time, and eventually physical metal will be very hard to come by. I particularly like silver for 2 reasons – one is that it is still very undervalued relative to gold, and the other is that you are less likely to be hit over the head or shot when you try to trade it for goods. Silver coins of varied denomination are viewed as ideal. Gold buried in vaults thousands of miles away may sound like a great idea, but when things get really bad, you may not be able to get to it, or it to you. If you have sufficient resources it’s still a good idea, but you still want a quantity of physical in your possession that you can trade, and of course the means and willingness to defend your stash from marauders.”
There is something beautiful about this video, as rank as it is. Seeing the Grey Haired Brigade ride again is satisfying.
America is coming apart at the seams. Even the retired geriatrics of South Florida can feel it. The old standard rallying cry ‘hate’ is being used as the motive. But something deeper is going on. The economic disaster looms. People feel it but can’t yet enunciate it. They don’t know they have been living an economic lie but they do know they’re mad about something. Hate is an easy to use scapegoat, one of the basest of human emotions. But it is not the cause of the protest.
What is the cause? The economic destruction of the American people. The Federal Reserve has been destroying America by debasing and fraudulently creating currency for 100 years. These trends take time to play out, but the effects are now well underway. The American way of life is changing fast. Be prepared.
protests with looting, glass breaking, a few fires
general lawlessness, mass of protesters angry. Burning whole blocks down
widespread organized resistance and violence against authorities. Roving gangs. Skirmishes
battles between two similarly matched forces
Open war, WWI/WW2 style warfare – carpet bombing, poison gas, entire armies warring
Mutally Assured Destruction
Current violence levels of recent protests have ranged between a 1 and 2. I’m surprised at how mannered the protests are. The protesters have had their entire society and their own economic lives essentially destroyed by the Fed fiat ‘money’ economic system and they break some windows and loot a few stores.
Cost Benefit Analysis from the Point of View of the Federal Reserve The Fed has been able to funnel trillions of dollars into the hands of insiders and cronies. The cost has been a few broken windows. I would imagine the Fed thinks this is a fantastic return on their money and are happy with the progress. They amass wealth and the only downside is a few burnt buildings that they don’t own.
Based on Fraud Let’s say you and your friends were going to all become billionaires. To do this, all you had to do was type the new balances into your bank accounts. The only negative for you is that a few people, in states far away, marched in the streets and caused general disorder for a few days. One might think that this example is ridiculous, and it is. Creating ‘money’ by typing it into a computer is a fraud, but this is the root of the American economic system.
What to do Many of the pearl-clutchers want the government to do anything and everything to put down the violent uprising. What the pearl-clutchers don’t understand is that many of these protester’s economic lives has been destroyed and when a people’s economic life has been destroyed by government policies there is no ‘crushing the revolt’. The revolt will always continue in some form until the economic destruction of their lives has ended. Until the fraud of a man being able to type his bank account balance into existence is ended, the protests will get gradually worse.
Though I am not for political revolution, I am for allowing people to be free from oppression. This American oppression comes from the fiat money system, which has been an abysmal failure, and has always been a barbaric flaw of any society that implements it. In order to ‘crush the revolt’ the fake fiat money system must be done away with completely.
This article from accountant Brandon Hall goes into detail about the wealth building process. Through his job as a CPA he has been able to “peer into the lives of financially successful men and women. In doing so, I’ve noticed trends in habits that these people possess and I wanted to share that with the world.”
He found that his wealthiest clients made their wealth in one of 3 ways:
I watched recently a speech given by Murray Rothbard at a conference back in the 80’s (I don’t know if the video has been pulled from Youtube, but I cannot find it). He opened the talk by saying that a couple times a year he receives a mailing from someone, usually in a large envelope. Inside would be a paper 400+ pages long written in red crayon. Rothbard said if he scanned through the writing he would find that the solution proposed by the author usually boiled down to giving everyone more money, copious amounts of money. Rothbard says that in the old days these people would be called “monetary cranks”.
I find it humorous that what was once considered extreme monetary crankism, is now the stated policy of the federal government.