13 May 2011

UPDATE: Due to this BS thing where I can do everything with this blog except publish a post, I have moved home to Wordpress: http://ncnblogger.wordpress.com/ (this will remain as an archive and be damn sure I will still read all your wonderful blogs as ever). Those who have linked me please update the link. Thanks all. Looking forward to continued blogging in the future.

2 May

Today's news is that Osama is dead. Well it's sort of 10 year old news, but there you go. Supposedly one of the very mind controlled special forces shot him in the head, although given the notorious nature of the invading forces' willingness to kill someone then play dress up afterwards, who knows it may have been a woman who they drew a beard on with marker pen. Photo looks 'shopped but what do I know. Then again corpses just like your TV dinner keep very well in the freezer...lol...


Anyway I'm off to get kidney dialysis using only sand and donkey piss while being hunted by all the satellites and spy planes that a trillion dollar military budget can buy, for ten years. Ciao

PS does this mean the war on terror is over now and 'we' can come home and dismantle the police state and not have RFID passports and iris scans and creepy wiretaps anymore? (Comptroller says no)

Wednesday, 11 March 2009

"Quantitative Easing" insults our intelligence

It's good that the money supply is expanding! Not like that's ever caused anything bad before, you know - hyperinflation - 1920s Germany? 2000s Zimbabwe? Familiar?

(Image: Quoting the source, "A German woman feeding a stove with Papiermarks, which burned longer than the amount of firewood people could buy with them.")

Of course, the money supply has always been expanding, as that's how the central banks keep everyone deceived that the paper debt money has real value. It lets the debts to the central bank be paid off - no other measure would allow government to keep paying the interest back to the 'bank' and keep the fraud going. This, combined with the fractional reserve fraud, is to blame for the exaggerated, artificial 'boom-bust' cycle we have suffered globally from ever since the inception of the US "Federal" Reserve.

I am interested to see what real value these government 'gilts' have. Maybe above zero? (Just a vague presumption.) Where did they come from? From what real assets is their value sourced?

I decided to look on DirectGov's website, on a page aiming to convince people to "invest" in gilts, just to see what fun flowery language they used in order to dodge the fact that they have 0 real value. Fun quote time!

"Gilts (or gilt-edged stocks) are bonds issued by the government which pay a fixed rate of interest twice a year. They are considered safe investments as the government is unlikely to go bust or to default on the interest payments.

However, you are not guaranteed to get all your capital back under all circumstances. Gilts, like corporate bonds, are bought and sold on the stock market where their price can go up or down."

And from the same page - admittedly about a different investment, but I loved the wording enough to want to bring it up here...

"Bond funds invest in several bonds (including corporate and government bonds) with different interest rates and different maturity dates. This reduces the risk to your capital. But because of the mix of investments, bond funds can't promise a fixed return; instead they aim for a 'target return'." (Oh, and I thought the stock market wasn't a scam...)

I guess, if Obama can convince people to invest in hope not backed up by anything real, then likewise the establishment can also sell these unbacked "assets".


sloopr said...

Your blog is impressive. Wow!

I want to disagree with one point I caught. It is not true that the boom-and-bust business cycle began with the creation of the Federal Reserve system.

The Federal Reserve came into existence in 1913 (you probably knew that), but boom and bust business cycles had already existed for centuries.

There's probably a lot wrong with the Federal Reserve, but money and banking problems were even worse back before it was created.

AdamS said...

True about the business cycle. I'm not saying there was no boom and bust before, but now we have artificial, controlled, and possibly greater booms and busts than before. Also, it would hardly be 'paradise' if we were to restore capitalism (end the Fed), but at least we wouldn't live under a fraud. I agree w/ Thomas Jefferson on the issue of money:

"If the people ever allow private banks to control the issue of their money, first by inflation and then by deflation, the banks and corporations that will
grow up around them (around the banks), will deprive the people of their property until their children will wake up homeless
on the continent their fathers conquered."

They pump the economy full of cheap credit, people buy into the 'boom' and its guaranteed returns, then they pull the plug on the credit. The economy collapses, prices fall, and they are the only people still with their fortune (bailout), they use it to buy up the economy at knockdown prices.

Thanks for the compliment too :)

Older Posts

Undebunkable Chemtrails Video That The "Debunkers" Ignore...

...and yes, Chemtrails interfere with weather

(but why they are used, no-one fully knows...)

And You Tell Me There's No Suppressed Technology?

It's another of those 'conspiracy theories' that good citizens don't notice. Imagine the standard of living if all the secret technology was released to the public...we'd be "free and independent" as JFK said! No more poverty anywhere! Can you imagine being sick enough to withhold such technology from society just to maintain your position of control? (Bearing in mind that we don't know just how much technological capability is being withheld, because, duh, it's secret.) What did Nikola Tesla really develop?

Individual Liberty? But that's "selfish"!

No, we need to look after each other voluntarily without having a government do all that at gunpoint. Sounds absurd at first but soon you realise that the reason it sounds so is because of the very unfree nature of our current existence. Envision greater possibilities! Ok, some kind of massive wake-up would be needed before this kind of free, responsible, uncontrollable society could emerge. And that's what we are seeing day by day in the world - a massive waking up of the previously enslaved masses (including myself I must add!)

I'm Already Against The Next War

I'm Already Against The Next War
Stop the propaganda before it's here. If some kind of terror attack happens in the West, Iran probably didn't do it. They have no history of imperialism and would be suicidal to attack the West. Think who benefits. No bombing of Iran.