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Devaluation Disregarded

Michael Victory's picture




 

from thevictoryreport:

I would love to see a ZeroHedge revolver map blowing up. And because I see the paradigm crumbling and hanker the authentic, I just reckoned everyone else did too. Not true. How may “business” and “finance” guys have never even heard of the world’s largest financial blog, we turn to daily? It’s a trip to scan their grape to get their perceptions of “markets” and the economy. These guys are parrots or oblivious (likely both), and can regurgitate counterfeit stats faster than an Ivey Bridge.

I came to.. in late 2008, early 2009 and made goal to spread the word to as many people possible about banksters, debt, sound money, and the collapse a hand.

I’m happy to report my words and actions have not entirely fallen on deaf ears. Regrettably, those who believe the narrative to be overreaction surpass them, and consequently continue to needle and motivate me. And from this drive (and a new thang for Final Cut Pro) Devaluation Disregarded is born.

"When paradigms fail, there is abundant evidence in advance of the trouble. The evidence goes unheeded, even when individuals in charge are aware of it."

 

 

 

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Sun, 06/03/2012 - 20:31 | 2490256 chirobliss
chirobliss's picture

And because I see the paradigm crumbling and hanker the authentic, I just reckoned everyone else did too. Not true. How may “business” and “finance” guys have never even heard of the world’s largest financial blog, we turn to daily? It’s a trip to scan their grape to get their perceptions of “markets” and the economy. These guys are parrots or oblivious (likely both), and can regurgitate counterfeit stats faster than an Ivey Bridge.

 

Seriously, what does this gobbledigook mean? "Hanker the authentic..." "scan their grape..."

If you are going to portray yourself as a sage critic of the world's largest, most influential and (witness the current panicked flight to the dollar) most trusted monetary system, you ought at least be able to present your critique with a level of expression that exceeds a grade school dropout.

To wit, the name of the processor powering the mindless regurgitation of statistics is an "Ivy Bridge."

Submitting such nonsense devalues the great work done on ZH by the many other writers who take time to proofread their submissions.

...and before the flames are lit for making the statement, "most trusted monetary system", I am not at all saying that it is worthy of the trust.

Sun, 06/03/2012 - 11:52 | 2489132 spooz
spooz's picture

As long as I am paying taxes my fiat will be good for something.  I recognize that crony capitalism is turning our country into a plutocracy, regardless of what happens to our fiat in relation to the other equally stressed world currencies, and that must be reversed to where small businesses rule.  We need to have big incentives for businesses to stay small to disperse the power that multinationals have on our global economy and currencies.  imo. 

Sun, 06/03/2012 - 11:24 | 2489065 Milestones
Milestones's picture

Succinctly put. Excellent video.                         Milestones

Sun, 06/03/2012 - 11:23 | 2489063 disabledvet
disabledvet's picture

Did you people know "gullible" isn't in the dictionary? Look it up! Trust me on this...

Sun, 06/03/2012 - 13:57 | 2489399 besnook
besnook's picture

lol

Sun, 06/03/2012 - 12:21 | 2489210 dizzyfingers
dizzyfingers's picture
gul·li·ble

/?g?l?b?l/ Show Spelled[guhl-uh-buhl] Show IPA adjective
easily deceived or cheated. Also, gul·la·ble.

Origin:
1815–25; gull2 + -ible


gul·li·bil·i·ty, noun gul·li·bly, adverb


credulous, trusting, naive, innocent, simple, green.

Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2012.
Sun, 06/03/2012 - 11:27 | 2489072 Milestones
Milestones's picture

Webester's new world dictionary has the word in it.           Milestones

Sun, 06/03/2012 - 11:22 | 2489055 q99x2
q99x2's picture

Take proactive steps against Barry Soetoro's learning disabilities.

Sun, 06/03/2012 - 11:16 | 2489043 disabledvet
disabledvet's picture

"Mr. Rockefeller! Now that your Standard Oil trust is being broken up what do you recommend?" (hardy guffaw laugh from the mediacracy of the time.)
John D. Rockefeller III'rd "Start buying." Buy all the gold you want sheeple! What does Ron Paul care if the State of Texas goes belly up? "He just wants to be President."!!! You're basing your entire investing thesis on the "life expectancy of a Corporation"? Hahahahahaha. I'll bet mine on "the life expectancy of the European Union" then.

Sun, 06/03/2012 - 13:40 | 2489367 masterinchancery
masterinchancery's picture

I'd like to own an insurance policy on you then.

Sun, 06/03/2012 - 11:05 | 2489020 Fix It Again Timmy
Fix It Again Timmy's picture

All things are impermanent, and fiat currency is especially so.......

Sun, 06/03/2012 - 11:03 | 2489017 mcguire
mcguire's picture

currency debasement.. hyperinflation...  what actually interests me the most is what will happen to property rights if there is a "great reset".   

Sun, 06/03/2012 - 12:00 | 2489149 dizzyfingers
dizzyfingers's picture

mcguire: Obama already took care of property rights. And legal contracts. GM.

Sun, 06/03/2012 - 11:32 | 2489082 Kreditanstalt
Kreditanstalt's picture

We all know what will happen - socialism.  Zombie attacks.  Suddenly anyone with anything will become one of "the rich"...and "democracy" will be used as a useful cover for public theft.

Sun, 06/03/2012 - 13:41 | 2489370 masterinchancery
masterinchancery's picture

You are forgetting that, unlike the sheeple in Europe, Americans are well armed.

Sun, 06/03/2012 - 14:50 | 2489476 B-rock
B-rock's picture

...But nowhere near as well armed as the state... Regular old rifles?? Big deal.  Good luck out-running or hiding from a drone or an Apache.... And they don't care how messy it gets.

Sun, 06/03/2012 - 15:12 | 2489548 harleyjohn45
harleyjohn45's picture

With a currency collapse, the drones and apache's will be parked.  Then we will all be equal.

Hold your fire until a complete collapse.

Sun, 06/03/2012 - 11:21 | 2489054 DeadFred
DeadFred's picture

Many paths lie ahead of us. Some will destroy property rights others will not. Upon which of them will we travel? Time and the choices of people will tell. Make your choices be good ones.

Sun, 06/03/2012 - 11:10 | 2489032 FeralSerf
FeralSerf's picture

Property rights, at least for the livestock, are illusory.  Property (and life, liberty and the pursuit of happiness) will be confiscated whenever "it is determined" that "The Greater Good" requires it.

Who determines the "it is determined"?

Sun, 06/03/2012 - 13:42 | 2489371 masterinchancery
masterinchancery's picture

See above comment on well armed.

Sun, 06/03/2012 - 12:07 | 2489172 dizzyfingers
dizzyfingers's picture

FeralSerf:

The powers that be determine THEIR OWN greater good. Everytime we vote we validate their plans and projects that serve only TPTB, using the money that we earn and pay to our corrupt government in taxes, and also using the resources of this land that belong to all citizens. AND we also pay the salaries, benefits and retirement costs of all those government employees we vote for who come to office only to serve the needs of TPTB  and those appointed by the same corrupt people we elected, who also work only in the interests of TPTB, not "the people". Time for a real change?

Sun, 06/03/2012 - 11:22 | 2489059 disabledvet
disabledvet's picture

"A conspiracy so vast it strains credulity" that's who! (Insert evil laugh here.)

Sun, 06/03/2012 - 10:54 | 2488988 Kreditanstalt
Kreditanstalt's picture

I hope this is not another Greenbacker organization...I'd prefer if "my" money wasn't "printed" by ANY bank.

They do seem to like gold, however... :)

Sun, 06/03/2012 - 11:02 | 2488977 JustObserving
JustObserving's picture

Where is the mention of US unfunded liabilities of $119 trillion and growing at $6.69 trillion a year?  

It took from 1776 to Oct 24, 1981 for US debt to reach $1 trillion.  Now we add $1.5 trillion a year to the debt.

Sun, 06/03/2012 - 11:58 | 2489145 dizzyfingers
dizzyfingers's picture

"It took from 1776 to Oct 24, 1981 for US debt to reach $1 trillion. Now we add $1.5 trillion a year to the debt."

That's why it's called the "boom" gen, isn't it?

Sun, 06/03/2012 - 10:46 | 2488974 bigkahuna
bigkahuna's picture

People have no idea of the destitution and death that will result from a currency collapse. People who dont know think it will last forever. People who do know speak as if they want it to happen.

Sun, 06/03/2012 - 11:18 | 2489046 steelrules
steelrules's picture

Rand Corp. has run simulations of the US dollar collapse, results by their worst case scenarios "an 80% cull".

Wake the hell up people it's on it's way. http://www.youtube.com/watch?v=oInIj7zQN54

Sun, 06/03/2012 - 02:58 | 2488626 cbxer55
cbxer55's picture

Due to that Off Balance Sheet Debt, I will work unitl I drop. And I work for the government. Nothing to look forward to, but to work until I drop. YAY!

Sun, 06/03/2012 - 12:19 | 2489201 DeadFred
DeadFred's picture

Other than the government part you are describing the common lot for human beings throughout the ages.

Sun, 06/03/2012 - 13:07 | 2489308 cbxer55
cbxer55's picture

I am well aware that what you say is the truth. So I green arrowed ya. The way things have been since the end of WWII was simply financed by too much debt, and it has toi end sooner or later. Sooner would have been better, later is going to cost us heavily. ;-(

Sat, 06/02/2012 - 21:41 | 2488139 DavosSherman
DavosSherman's picture

Super video---I, for one, wouldn't have been dissapointed if you tossed in the off balance sheet debt.

Sun, 06/03/2012 - 10:49 | 2488959 LawsofPhysics
LawsofPhysics's picture

I agree.  In the western world alone (who knows about asia, they have been conditioned to accept lies for years) I see at least 60 trillion in bank debt being used as "collateral" on over 700 trillion in derivative "bets".  Total bullshit.  I also see a debt jubilee being considerable less destructive than WWIII.  In reality however, none of this is about "money".  It is about power and control, period.  It always has been.

Sun, 06/03/2012 - 11:57 | 2489143 dizzyfingers
dizzyfingers's picture

LawsofPhysics:

Economics is deliberately confusing, but after fifteen years of study I have cut through the jargon and math and can now explain economics in just one sentence: Economics is the publishing of political agendas that are hidden within known-false assumptions. If one accepts these assumptions then one accepts the hidden agendas.   http://www.jayhanson.us/index.htm http://jayhanson.us/dieoffindex.html : old index. big.
Sun, 06/03/2012 - 11:23 | 2489064 FeralSerf
FeralSerf's picture

"Money" is a tool of those that possess power and control.  This is true regardless of its form, whether it's paper or digital bits or gold.

Power and control is the result of public opinion.

"The conscious and intelligent manipulation of the organized habits and opinions of the public is an important element in democratic society. Those who manipulate this unseen mechanism of society constitute an invisible government which is the true ruling power of our country." Edward Bernays

"The ruling class has the schools and press under its thumb. This enables it to sway the emotions of the masses." – Albert Einstein

" 'Who controls the past,' ran the Party slogan, 'controls the future: who controls the present controls the past.' " -- George Orwell 1984

"Political power grows out of the barrel of a gun." -- Mao Tse-Tung

"Terrorism is the best political weapon for nothing drives people harder than a fear of sudden death."- Adolf Hitler

Sun, 06/03/2012 - 11:34 | 2489090 LawsofPhysics
LawsofPhysics's picture

The best thing you could hope for is a money that has accountability already built-in.  FYI- you can not print more gold.

Same as it ever was.

Sun, 06/03/2012 - 12:28 | 2489228 FeralSerf
FeralSerf's picture

Ah yes -- there's always "hope".  That intangible that's always at the top of the list of important concepts when there are elections and church gatherings.  Hope springs eternal.

I realize that gold can't be printed.  It can be stolen though.  There is historical precedent for that possibility.  Gold has traditionally been mostly possessed by the same rouges that also govern.  There is reason to believe that this  is still the case.  They use gold as a tool to obtain and increase their power and influence, which in turn increases the amount of gold they possess.

Who has Yamashita's gold?  How much gold does the Rothschild family control?

Sun, 06/03/2012 - 12:44 | 2489261 prole
prole's picture

Who has Yamashita's gold?  Who has the Gold Hitler stole? Who has the gold Rosenveldt stole?

I can answer those questions partially.  Men who are not my countrymen posess that gold, men who consider me to be untermensch livestock, they are the ones who have that gold.

But what does that matter? Does your comment bear any relevancy sir? Your comment is like saying:

"Screw food, some people out there have tons of food, way more food than me so I don't care about food"

Sun, 06/03/2012 - 12:34 | 2489241 LawsofPhysics
LawsofPhysics's picture

Well that is a whole lot of nothing.  Again, same as it ever was.

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