This Is Why Central Planners Are So Scared of Italy's Beppe Grillo

Tyler Durden's picture




 

Submitted by Michael Krieger of Liberty Blitzkrieg blog,

Incredible Video: Beppe Grillo Dissects the Financial System... on 1998

Whom does the money belong to?  Who does its ownership belong to?  To the State fine…then to us, we are the State. You know that the State doesn’t exist, it is only a legal entity.  WE are the state, then the money is ours…fine.  Then let me know one thing.  If the money belongs to us…Why…do they lend it to us??

- Beppe Grillo in 1998

If you really want to know why Beppe Grillo is causing Central Planners throughout the European continent to wet themselves, this video will show you.  There’s a real revolution happening in Italy.  This guy is the real deal and he understands the heart of the whole issue plaguing the world.  All I can say is:  WOW.

 

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Sun, 03/10/2013 - 08:32 | 3316614 Haager
Haager's picture

I've tweeted that yt-vid a week ago, nice some more people are seeing it.
That video makes clear that Beppe isn't just hopping on the bandwaggon of crisis to get some votes.

Sun, 03/10/2013 - 08:43 | 3316626 dariomilano
dariomilano's picture

W m5s W honest italians

Sun, 03/10/2013 - 08:51 | 3316637 Thomas
Thomas's picture

Wow. I mean wow! Social change is afoot. Never goes according to plan. 

Sun, 03/10/2013 - 09:35 | 3316670 SafelyGraze
SafelyGraze's picture

dear beppo,

stay away from grassy knolls 

hugs, 
chunky mark, MP http://www.youtube.com/chunkymark 

Sun, 03/10/2013 - 09:59 | 3316716 Middle_Finger_Market
Middle_Finger_Market's picture

Go Beppe, go! Bring down this fradualent system of debt imolation and release us from our chains of debt slavery! Fuck the Euro and fuck the system, time for positive change bitchez!

Sun, 03/10/2013 - 10:12 | 3316737 max2205
max2205's picture

More hot tub orders have been placed

Sun, 03/10/2013 - 10:23 | 3316756 Stackers
Stackers's picture

RIP George Carlin

Sun, 03/10/2013 - 10:42 | 3316799 rqb1
rqb1's picture

He would have been a great president.

Sun, 03/10/2013 - 11:28 | 3316889 Dr Paul Krugman
Dr Paul Krugman's picture

The jesters for office - brilliant.

Sun, 03/10/2013 - 11:45 | 3316925 Dapper Dan
Dapper Dan's picture

One of the ways you know you’re living in a closed society is that only, only the Jester can criticize the king and keep his head. The Jester has freedoms the King’s advisers don’t have because no matter how scathing a truth he exposes he can always claim to be only kidding. In America the power is disbursed, and the critics get pink slips instead of decapitation, but the result is the same. Most of the media are boot licking cronies of the authoritarian class, anyone with any real integrity gets booted out of the industry or relegated to alternative media. What’s left is a select few comedians who expose the idiotic idiosyncrasies of the sociocrats.

http://silverunderground.com/2013/01/jon-stewart-trounces-paul-krugman/

Sun, 03/10/2013 - 13:11 | 3317116 Pool Shark
Pool Shark's picture

 

 

I propose a partnership:

Beppe Grillo and Nigel Farage.

 

 

Sun, 03/10/2013 - 13:39 | 3317174 redpill
redpill's picture

 

He recognizes the problem, as some others do.

 

The real question is, what does your solution look like?

 

Sun, 03/10/2013 - 14:11 | 3317227 flacon
flacon's picture

His solution is similar to Bill Still's ideas: The government (not the banks) issues National Currency that is debt free and interest free. 

 

One thing I never understood was, if it isn't backed by gold or silver, then what is it backed by? Regardless, a government-issued currency would be much better than a bank-issued Note which requires interest payments. 

Sun, 03/10/2013 - 14:26 | 3317270 akak
akak's picture

Bill Still is nothing but a statist and monetary wolf in sheep's clothing, who not only advocates for the continued government monopoly on the issuance of money, but who HATES sound money of any form, and who has repeatedly and consistently spread disinformation and lies about gold and silver's past, and superior, roles as monetary backing and as part of the monetary system.  Beware this man and his pro-government lies!

Sun, 03/10/2013 - 14:47 | 3317315 Middle_Finger_Market
Middle_Finger_Market's picture

Ladies, we are moving far and beyond exchanging energy for paper backed by non physical (paper) debt...i mean that system sucks (the life out of the world). ''Buffet (crony capitalist club); knows the price of everything, but the value of nothing.'' I wouldn't spend too much time thinking about what we carry forward that is the same as the current system...but rather the 'fact' that if the 'universe' is in fact inifinite...then anything you are able to think of...whatever that may be...somewhere in this infinite universe MUST exist.  

Sun, 03/10/2013 - 19:20 | 3317973 GMadScientist
GMadScientist's picture

http://www.youtube.com/watch?v=6AfQtb-gGvY

One day I'd like to be rich and famous
Maybe be funny like Andy and Ames
Be on TV
and sing like Stevie
and have a girl who'd never leave me

But I'd really like a place
where there could be no war
A bright and shiny world where there ain't no poor
Where there's opportunity, peace and unity
Where people can be what they want to be

And where Apartheid could never happen again
Where people don't judge you by the color of your skin
Where I hold your hand and you hold mine
Where a helpful hand is never hard to find
A place where people care
Where no one could bear
When someone's hungry, with nothin' there
Where the heart is never cold
The young are never needy,
The old are never poor,
And the rich are never greedy

So bring the power to the people
The people to the power
Cuz now is the time, this is the hour
To stop thinkin' about war start thinkin' about peace
So on this life, we can get another lease
With a lesson to learn
A new direction to turn
So we can take it to the sky where we belong
Cuz 'fore to long, we been too wrong
We've got the right notes
But we play the wrong song
Stop thinkin' with your wallet
Think with your mind
So we can move ahead
Instead of behind
We got the people selling drugs
People are dying
Politicians talking and we know they're lyin'
Taxes for the poor, none for the rich
People starvin' here in America
Now ain't that a....bummer

And now my heats been turned off
From my job, I've been laid off
What am I gonna do?
Well, is the shape I'm in
Because of my dark skin?
Now I know that can't be true
But since we're all down here
Let's work to make it better
Do our best for what it's worth
But you know the rules are bent
When you have to pay rent
Just to live on earth
Talk about justice

We're gonna do something now
That's gonna be really slick
We're gonna listen to Mr. Fleck and Chick

I'm gonna say one more thing
Then I'll get outta your face
How 'bout a sound
With a little bass

And we got missiles on the ground
Lasers in space
Underground shelters, just in case
That something goes boom
Certain doom
Cuz in our hearts we didn't make enough room
For the love
It comes from up above
Let's stop talking war
And let's offer the dove

Cuz when it's done it's over
When it's over, it's done
We look back at the wars
And see nobody won
It's time to make a better place
For out daughters and our sons
Or life will be a blast
Pardon the pun

Peace

Sun, 03/10/2013 - 22:58 | 3318397 Dr Paul Krugman
Dr Paul Krugman's picture

This blog is hilarious - a bunch of day trading wizard money runners who know nothing about economics, yet insist the world will end any day.

It's been a tough couple of years since gold has been down, hasn't it bugs?

Sun, 03/10/2013 - 23:16 | 3318428 Fly Me To The Moon
Fly Me To The Moon's picture

If you are the real Paul Krugman then you have my sympathies. If you just named yourself as such on ZH because you are a PK acolyte then you have my sympathies.

Mon, 03/11/2013 - 00:18 | 3318504 Terminus C
Terminus C's picture

playing the character.  Paul would not lower himself to play amongst the plebs.

Mon, 03/11/2013 - 01:34 | 3318569 Half_A_Billion_...
Half_A_Billion_Hollow_Points's picture

This isn't PK.  He's an awesome troll in his own way.

I just hope Beppe Grillo doesn't become the new Archduke Ferdinand.

Mon, 03/11/2013 - 06:18 | 3318700 GetZeeGold
GetZeeGold's picture

 

 

 

Borrowing money from a private bank seems crazy, but everyone does it.

 

There is no opposition. There are only owned pawns on the chessboard. That's why John McCain hates Paul Rand and Ted Cruz so much.

 

Mon, 03/11/2013 - 07:22 | 3318685 Anasteus
Anasteus's picture

One and half years are by no means 'tough couple'. What is interesting are the years to come; gold bugs are long-term runners, particularly, when considering the huge manipulative efforts interfering the gold market. Maybe some runners here know a little about economics but certainly not so little to be eligible to qualify for Nobel Prize.

In fact, I think no one here really insists the world will end one day. However, many insist the screwed statist oligarchic system will inevitably fail one day, including me.

Nevertheless, I appreciate your courage to be here, whoever you are. Stay with us.

Sun, 03/10/2013 - 14:46 | 3317318 SeattleBruce
SeattleBruce's picture

As an FYI, Bill Still ran for the Libertarian nomination for POTUS 2011, and 2012 and lost.

Sun, 03/10/2013 - 15:08 | 3317375 akak
akak's picture

Yes, which only made a total mockery, and which only further exemplified the thorough statist infiltration and total irrelevance, of the US Libertarian Party (if Bob Barr's prior nomination in 2008 did not in fact finish the job).  And this comes from a person who was a member of the LP for over 20 years, so I (sadly) know whereof I speak.

Sun, 03/10/2013 - 16:09 | 3317548 TruthInSunshine
TruthInSunshine's picture

Everything is relative.

Is Bill Still more correct than not for calling the monopoly game of "virtuously circular economics" using monopolistic "faith fiat" as it is?

If so, or if not, who is it that's calling it "closer" to the truth?

I put no hero status on any man, and always remind myself that all have weaknesses and vices, but in a world defined less by absolutes than by relativity, is what Bill Still proclaims about the structural deficiencies and inherent criminality of our modern monetary system more insightful and reasonable rather than more flawed with an ulterior motive?

Sun, 03/10/2013 - 16:47 | 3317618 akak
akak's picture

With respect, TIS (as I do have much respect for you), there is a profound difference between making a valid diagnosis and prescribing a healthy course of treatment.  Bill Still may to some extent offer the former, but he most certainly does NOT offer the latter, both for his vehement defense of the government monopoly on the issuance of money, as well as for his loathing for gold.  Moreover, his frequently repeated half-truths and outright falsehoods regarding monetary history, and particularly gold and silver's role within it, force me to inherently distrust anything the man has to say.

Mon, 03/11/2013 - 01:20 | 3318533 TruthInSunshine
TruthInSunshine's picture

I always thought Still has essentially maintained that either a gold or silver standard would be preferable to any no-limit fiat creation system, as would any monetary system using the inherent discipline of currency backed by anything of tangible, inherent value which cannot be debased endlessly via dilution?

Mon, 03/11/2013 - 13:41 | 3319689 akak
akak's picture

TIS, from all that I have read of Bill Still's monetary theories and positions, he has almost as much loathing, and as many bad things to say, about precious metals-backed "hard money" as any modern-day Keynesian.  If I am incorrect in that assessment, however, I welcome any correction that you can provide.

Sun, 03/10/2013 - 21:42 | 3318248 Totentänzerlied
Totentänzerlied's picture

Sounds like a a run of the mill monetarist or "greenbacker".

Sun, 03/10/2013 - 14:47 | 3317322 Kayman
Kayman's picture

"One thing I never understood was, if it isn't backed by gold or silver, then what is it backed by?

Money has always been backed by imagination.  Imagine there is gold in the vault. Imagine a banker telling you the truth.

Sun, 03/10/2013 - 15:21 | 3317429 Nostradalus
Nostradalus's picture

the US FRN is backed by the full faith and credit of the USA (inc)

silly rabbit!

Mon, 03/11/2013 - 02:47 | 3318603 XenoFrog
XenoFrog's picture

Never underestimate the power of delusion.

Sun, 03/10/2013 - 14:57 | 3317355 Radical Marijuana
Radical Marijuana's picture

You appear to be right, flacon.

http://www.nationofchange.org/money-people-grillo-s-populist-plan-italy-1362840596

Regarding your question:

ANSWER:

"MONEY"

IS BACKED

BY MURDER.

Sun, 03/10/2013 - 15:41 | 3317485 dark pools of soros
dark pools of soros's picture

"One thing I never understood was, if it isn't backed by gold or silver, then what is it backed by? "

   Bombs

Sun, 03/10/2013 - 22:57 | 3318399 Liberty2012
Liberty2012's picture

Money is always backed by work. Money / Gold is useless unless people are working and creating and trading / sharing their efforts. The problem is that if it is not also tied to something tangible, then the manipulation / theft leads to so much loss of work, that it ceases being money at all.

Sun, 03/10/2013 - 15:55 | 3317519 A Nanny Moose
A Nanny Moose's picture

Didn't we try this experiment with Continentals, and Greenbacks?

Sun, 03/10/2013 - 19:15 | 3317962 Debt-Is-Not-Money
Debt-Is-Not-Money's picture

"Didn't we try this experiment with Continentals, and Greenbacks?"

The Continentals worked very well until the British sent over three boatloads of counterfeit Continentals. One sank off the coast of South Carolina but the other two made it to shore. This was sufficient to de-value those that were in circulation wrecking the Continental.

Sun, 03/10/2013 - 19:27 | 3317978 akak
akak's picture

 

The Continentals worked very well until the British sent over three boatloads of counterfeit Continentals.

That is nothing but a lie and pure pro-fiat revisionist nonsense, I suspect originating from the malicious, sound-money-hating camp of Bill Still the Fiat Shill.  In fact, the fiat Continental Dollar began depreciating relative to the silver Spanish Dollar from the very moment of its inception, and any possible British counterfeiting of it was not more than secondarily responsible for its declining value. 

I bet you probably believe that the German Mark of the 1920s also "worked very well", until being counterfeited by some nefarious enemies of the miracle of purely fiat currency, too.

 

Sun, 03/10/2013 - 20:18 | 3318078 Debt-Is-Not-Money
Debt-Is-Not-Money's picture

Sorry, but this was researched and printed by Alexander Del Mar in the mid 1880's (I believe it was in his book "The Science of Money" a book well worth reading (as well as his others) and obviously was published long before Political Correctness was a gleam in the eyes of the liberals.

https://en.wikipedia.org/wiki/Alexander_del_Mar

 

 

Mon, 03/11/2013 - 04:23 | 3318635 Likstane
Likstane's picture

Putting up a pic of Alexander del Mar doesn't make your claim reliable.  I call bullshit.

Sun, 03/10/2013 - 20:34 | 3318117 Things that go bump
Things that go bump's picture

When John Adams was in France, he and Abigail used to write each other the most wonderful letters. In one, Abigail, who ran a dry goods store out of her farm, wrote of 2 women who came to buy fabric and offered her Continentals as payment. She refused them and demanded "hard money."

Sun, 03/10/2013 - 19:35 | 3318002 Marco
Marco's picture

From one point of view it's backed by the goods on the internal market which you can acquire with it, since the government enforcing it's use for all internal payments.

From another point of view it's backed by the guns which do the aforementioned enforcing.

Sun, 03/10/2013 - 20:25 | 3318100 thisandthat
thisandthat's picture

Power of tacit consent.

Sun, 03/10/2013 - 23:06 | 3318414 El Crusty
El Crusty's picture

if you dont back a currency with precious metals you need to back it with some other tangeble commodity. Nazi Germany came up with a system that worked, they had no gold or oil resources so they had to come up with something else. in order for a mark to be issued a unit of labor or a good had to be produced to back it up first. this allowed them to have a solid, debt-free currency. hitler may have been a madman but that was one of the few good ideas he came up with, and when put into practice it did work quite well.

Sun, 03/10/2013 - 14:30 | 3317280 Max Hunter
Max Hunter's picture

Let me write you a history lession from a book in 2050 if he wins....

Grillo killed 20 million Jews and Gypsies..

Sun, 03/10/2013 - 15:22 | 3317424 TruthInSunshine
TruthInSunshine's picture

I'm such a proponent of free speech that I would go to the ends of the earth to defend your RIGHT to say whatever you wish to say (POSSIBLY short of yelling Fire! in a crowded theater...possibly...), including that which you just did, and I actually encourage the most idiotic people to speak up and identify themselves, removing all doubt.

Sun, 03/10/2013 - 15:42 | 3317489 dark pools of soros
dark pools of soros's picture

not sure if you really got what he meant

Sun, 03/10/2013 - 16:33 | 3317505 TruthInSunshine
TruthInSunshine's picture

Wow, if I missed the implication that "those who write history" will vilify Beppe Grillo in future textbooks in the event that the truths he speaks about the current Crime Syndicate that is "banking/finance" that literally owns the "elected political bodies" of "sovereign governments" gain widespread traction, and this movement threatens the status quo, I apologize.

Sun, 03/10/2013 - 16:59 | 3317695 tenpanhandle
tenpanhandle's picture

Sorry Max but it will be at least another 2 generations away before it can be pretended that WW2 never happened.

Sun, 03/10/2013 - 18:09 | 3317852 Max Hunter
Max Hunter's picture

Not THAT it happened,,, WHY it happened.. That's what will never be objectively discussed.. FED dude.. I don't need a fucking thing from you. You can go pound sand.. You and all the other dumb asses that didn't understand my comment.

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