This Is Why Central Planners Are So Scared of Italy's Beppe Grillo
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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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.
W m5s W honest italians
Wow. I mean wow! Social change is afoot. Never goes according to plan.
dear beppo,
stay away from grassy knolls
hugs,
chunky mark, MP http://www.youtube.com/chunkymark
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!
More hot tub orders have been placed
RIP George Carlin
He would have been a great president.
The jesters for office - brilliant.
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/
I propose a partnership:
Beppe Grillo and Nigel Farage.
He recognizes the problem, as some others do.
The real question is, what does your solution look like?
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.
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!
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.
http://www.youtube.com/watch?v=6AfQtb-gGvY
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?
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.
playing the character. Paul would not lower himself to play amongst the plebs.
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.
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.
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.
As an FYI, Bill Still ran for the Libertarian nomination for POTUS 2011, and 2012 and lost.
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.
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?
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.
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?
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.
Sounds like a a run of the mill monetarist or "greenbacker".
"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.
the US FRN is backed by the full faith and credit of the USA (inc)
silly rabbit!
Never underestimate the power of delusion.
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.
"One thing I never understood was, if it isn't backed by gold or silver, then what is it backed by? "
Bombs
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.
Didn't we try this experiment with Continentals, and Greenbacks?
"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.
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.
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
Putting up a pic of Alexander del Mar doesn't make your claim reliable. I call bullshit.
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."
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.
Power of tacit consent.
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.
Let me write you a history lession from a book in 2050 if he wins....
Grillo killed 20 million Jews and Gypsies..
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.
not sure if you really got what he meant
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.
Sorry Max but it will be at least another 2 generations away before it can be pretended that WW2 never happened.
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.