That’s always been the case and we have more uninformed than ever . You would be surprised at the number of voters that believe wholeheartedly the GOP only cares about the rich and the dems are for the poor , and middleclass .
You’re not reading what I’m writing! The Fed is an appointee job, highly paid and prestigious, and coveted as a résumé builder for rest of one’s life, so they jump thru the hoops, and the economies suffer. Wealthy people are positively affected by inflation. Full Stop. Their assets increase and their incomes don’t suffer so prices going up a little are immaterial fluctuations. Some economists who wind up in politics are stupid. Janet Yellon is a prime example; she apparently understands very little of Austrian Economics. Her pronouncements betray her brain, such as it is.
If you read about Argentina’s descent from a rich to poor country, it was always on rocky ground, and was unable to transition from Land Grant barons to land distributed to the masses. The US did it right with the Oklahoma Land Rush of 1889, and the large plots of land granted by the Kings of England were sold to settlers who then provided goods for import back to England by the barons, so the land was better used, AND provided a destination for the King’s subjects that might otherwise have been rebels against the crown. The English land in the New World produced a productive outlet for dissatisfied subjects; settlers on the land protecting the English claims; goods for import to Englishmen; income for the Lords; and revenue for the Crown. That’s five positives enriching the British Empire. The Spanish and Portuguese had more land than England in the New World, but the Brits made more of what they had Because they had Adam Smith explaining the wealth of nations. It’s the people free to work in their own best interests. To wit: you can’t tax nothing; taxes can only come from a productive human.
Argentina’s land owners could have sold the land to those who wanted to farm or however used, and then would have still been rich while the peasants advanced themselves by their own efforts, but they chose to continue the system that used the peasants labor without allowing them to better their own self interests. People are more productive and will work harder, longer in their own best interests, and everyone benefits. The land barons also dominated the political system, so nothing could change without their approval. Throughout history, govts that kept people down eventually joined them.
Wealthy people are positively affected by inflation
The wealthy barely notice inflation and when things get real , real bad and cash is king they gobble up all highly devalued assets ! It’s the rest of us with limited discretionary funds who suffer .
The Fed is an appointee job, highly paid and prestigious, and coveted as a résumé builder for rest of one’s life, so they jump thru the hoops, and the economies suffer.
Another tell-tale sign that the Fed is a private bank, a prestigious one at that.
Wealthy people are positively affected by inflation. Full Stop.
I guess so, although it depends on the definition of “wealthy.” How wealthy is wealthy? While paper money may lose its value overnight, real wealth such as land properties, precious metals, etc doesn’t.
At the turn of the 20th century, the Rothschilds were estimated to own 1/3 of the world’s real wealth, assets, and that was more than 100 years ago. Is that wealth? And now?
And these folks hatched a plan — secretively — on Jekyll Island to created a privately owned central bank, the very concept President Jackson fought so hard. But the vipers eventually won. Did the secret guests on Jekyll Island have the best interest of the people at heart? How come WWI started mere several months after Wilson signed the Fed Reserve Act? Coincidence?
It’s always the parasites that bring the country down, be it the US, Argentina, UK, you name it, and the parasites always pretend to be good for the people, working for them.
How come WWI started mere several months after Wilson signed the Fed Reserve Act? Coincidence?
Yes, coincidence. The US had nothing to do with it one way or the other. WWI had been in the making for many years; it was a war between the dynasties of Europe, all related by marriage, blood, -or both. It might be said the war was an expression of petty jalousies, or more accurately between petty people, but a major contributor was the oppression of the masses by the aristocracy and the discontent that accompanies mismanagement of larger countries by poor rulers. In the end the various empires consisted of too many disparate nationalities that hated each other and therefore could never unite as “one country”.
“Balkanization” was the order of the day and the same hate that started WWI in 1914 festered in Yugoslavia until it broke into a hundred pieces, same place, same people, in 1992.
Outsider powers who can force two or several ethnic cultures into one set of made up borders has never worked for long. Look at a political map of the world: wherever you see a straight line as a border between two countries you know that someone drew a line and said, “this divides one people from another”. It doesn’t work like that; in reality, all ethnic borders should look like the Maine coastline to represent where people live in groups, -here and there. They would fight anyway.
t was a war between the dynasties of Europe, all related by marriage, blood, -or both.
Dynasties fought among themselves even when they were related in East Asia as well as in Europe. Nicolas II of Russia was the grandson of Queen Victoria and thus the cousin of George V (of the UK). In the 5th, 6th and 7th centuries the Kingdoms in the Korean Peninsula fought, although the ruling class were blood-related.
The ultimate goal of WWI was to bring down the Romanovs of Russia. After the war, Nicolas II was executed along with his wife and children. Mission accomplished.
WWII was actually a continuation of WWI in the sense that both wars weakened Britain and France (whose dynasty had already been destroyed late 18th century) while Germany and Japan were turned into total slaves.
A slightly different viewpoint is that the 20th century saw the downfall of Slavic and Germanic powers in Europe. It makes sense as well. (That’s exactly why the victors of WWI and WWII don’t want Russia and Germany to work together. Who blew up Nordstream?)
Cui bono? Who benefits? The ruling dynasty of the United States.
It’s always the parasites that bring the country down, be it the US, Argentina, UK, you name it, and the parasites always pretend to be good for the people, working for them.
They call themselves democrats today !!!
That was an excellent piece!
It’s always the parasites that bring the country down, be it the US, Argentina, UK, you name it, and the parasites always pretend to be good for the people, working for them.
That’s true! Productive people are not satisfied with a piece of someone else’s something; they will go out and make their own, as much as they want, and for the most part customized to their own wishes.
I’m not an artist or musician, but ultimate creativity is expressed in the art.
Parasites have no creativity.
How creative is Hollywood? Rap?
Parasites have no creativity.
They create chaos , destructions , and hardship !!!
Parasites have no creativity.
How creative is Hollywood? Rap?
That’s true, too. That’s part of the problem with govts of those sorts of personalities. You have to be a self-starter and somewhat creative to solve problems. Problems occur all the time and people with modest self confidence immediately go to work on finding a solution rather than focusing on finding someone to blame. By definition, you have a problem because something isn’t working right, or otherwise is not as it should be and things don’t fix themselves; whoever wants things to function or be “right” needs to do something about it and most of the time doesn’t know what is wrong and has to just start from someplace and continue until they solve the problem. That can be as simple as turning the heat down on something cooking too fast, or disassembling complex things and trying to find something not right. People who are afraid of failure can’t be trouble-shooters because making things work smoothly very often is a try, fail, fail, fail, success!
These two ends of the spectrum of people we could call Democrats of Republicans. Native intelligence has nothing to do with the matter; the difference is attitude; one views problems as caused by someone else and the first order of business is to attribute fault and shift the onus to fix to some other entity. The other end of the spectrum views problems as a job to be done as expediently as appropriate. The first description is of the Parasitic people (as above per Gad Saad) and they also are often jealous of other people’s stuff, too. They want their share but don’t connect the responsibility to earn with the desire to possess. They are the politicians who are always happy to give someone something without attaching the taking of that something from someone else who earned it.
Govts’ money is ALL somebody else’s earnings.
Govts’ money is ALL somebody else’s earnings.
Absolutely. Which begs the question… why is gvt. entitled to MY money?
people with modest self confidence
I suppose that’s the difference between the past and present “modern” society, where there is so much specialization that you can’t do or fix anything without hiring specialists.
As an extreme case, let’s take the hunting and gathering society in Australia or America where a man has to be a man who can hunt and gather food, fight if necessary, and heal the sick by asking for the right herb and remedy from the spirits.
In the former Soviet Union, the situation was somewhat similar as people had to help each other to build a hourse or fix a tractor or whatever gadget in the house. There was an absolute lack in the servicing industry.
There were even TV cartoons whose hero was a wise tin robot who could fix anything. Children were thus encouraged to learn various practical skills, instead of relying on outside specialists.
Thomas Jefferson designed his Monticello mansion himself. These “Founding Fathers” had absolute self-confidence. They knew they could even build a new country, if oppressed by the colonial king.
The parasites on the other hand know only to parasitize, because that’s the way of life they inherited from their forefathers, especially in the field of (fake) banking.
Their “art” is piece of crap. Picasso? It’s comics. Literature? What’s there to read?
Where is their version of van Beethoven?
Or Shakespeare or Michelangelo and van Gogh?
There is none.
In the “Here We Go Again” department, the FBI released the body of the Butler shooter for cremation 10 days after the incident. That means if any questions of chemistry or physical condition come up that weren’t addressed originally, OH!, bad luck; mute point! Will there be more questions? I don’t know anything about forensics, but there’s lots I don’t know, and there have been many, many cases of extraordinary forensic questions that could only be addressed by exhuming a body years later being pivotal to investigations.
This “lone gunman” left lots of questions unanswered because he was a loner, but there are several Very Interesting aspects of his life and contacts, like his overseas web accounts. As such, it seems to me that if you have little to work with, you preserve everything, you never know everything right away and sometimes you have 2 and 2 and can’t get to 5 without stumbling on something that leads you to look closer at other things.
The FBI precluded that 3 weeks ago. Routine incompetence; or crooked as a dog hind leg?
Yesterday they were democrats, today they are progressives and tomorrow they will call themselves communists.
I don’t know who they are, but one thing is for certain. These are not the same individual. I pointed out in another thread that the blood flow pattern (Is it the right way to say it?) is completely different. Plus some other discrepancies.
The first photo was taken from an angle as if to hide the face. Notice how the upper torso is twisted unnaturally. To me, it looks like someone is playing dead with the full cooperation of the agents on the roof.
Yep, why demolish the Alfred P. Murrah Federal Building before thorough investigations were conducted on the site? The same story.
Additionally, I argue that there was no bullet whizzing by Trump’s ear. There is no sound of such a bullet picked up by the microphone Trump was speaking into.
And his injury on the ear was done quickly by the agents who piled on him. Like in the football scene of MASH where an injection is given quickly under the guys who pile on the poor victim.
To me, it looks like someone is playing dead with the full cooperation of the agents on the roof.
Yep, why demolish the Alfred P. Murrah Federal Building before thorough investigations were conducted on the site? The same story.
I think it’s the same body with the guy behind it having rotated the head by pulling his hair for a better look at his face.
If the physical evidence has been removed, then nobody can examine it and argue for different conclusions.