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Baaaa
World War II propaganda tells you to save.
War on Terror propaganda tells you to go shopping.
OBEY!
In WWII we fought the Nazis. Unfortunately, they seem to rule us now.
In 1943, it appears, saving was not banned and deflation was not an ogre...
In 2014, saving is banned and inflation is an orgy.
Shit. If there are 3 people who don't have a lower extremity, and only 1 lower extremity is available for sale ... then eff ya prices are going higher. What a stupid ad.
"support higher taxes....pay them willingly"(?)
6 and 7 are a little iffy also.
Good to know people were fucking stooopid back then too..
It's interesting how the narrative changes over the years to fit the needs of the few over the many. It has been thus for time immemorial.
Debt burdened governments like the US, the EU and Japan abhor deflation now. The easy way for them to keep the debt circus going is to inflate their way out of it.
Of course, currently the gov propaganda machine is going to promote inflation. The alternative is repudiation, and with trillions at stake, there is no chance of that happening.
You can't "cause" inflation or deflation by jiggling the numbers. It is a psychological phenomenon, not a monetary or fiscal one.
Slowly declining prices is the natural direction in an environment of rising productivity. It is the efforts to interfere with this that causes problems, and creates the psychological basis for your inflations or deflations.
Leave it alone, and it will balance itself at the proper levels. And really, not much would actually change...the rich would STILL be rich, just at lower levels, as the poor will still be poor.
But a properly-sized economy is best able to grow.
Yea...I was thinking #4 alone negates the whole argument. Printing money on paper worth more than the money and encouraging spending at any cost is pretty much the exact same as wanting to pay a higher tax willingly. Different words, same deal for the sheep.
"Don't ask for more money for...your labor."
Be content with your lot in life serf while we send your sons and daughters off to die so the banks can profit from funding both sides.
Save money and buy government bonds, support more taxes and pay they willingly...
It's war propaganda that says give all you money to the country.
And the fact that the US entered the war and won is marvellous but it wasn't the US that won it, it was the people of America who did.
In all, he lesson is a bit that individualisme isn't good for the country. And that concept can be debated forever
Stupid?
STUPID????????
Why 4/5s of Congress can't understand that when supply drops and demand increases then prices rise.
If you think what Congress can't understand is stupid, and Mr. Gruber s correct that all Americans except himself and Contress are stupid, then I would hate to see what real stupid is.
They understand, they're doing it on purpose.
You forgot a prefix.
They're Zio- now.
The Big Lie. The Nazis were trying to rid the world of the most vile vermin. The "west" suceeded in saving the vermin just like in 2008...
How Ironic and how lost on so many... People just don't seem to get it...
The People cannot get it. Their mind has been so warped into hatred and lies that they are disconnected from the Power to get it.
So silly..
Nah our government is nothing close to nationalistic so forget about nazis. Id rather call them gozis, globalsocialists with a big twinkel of good old facism
The Government wants us to be good little spend bots to keep the Economy humming--not just in the US, but globally. Increasingly, they don't even care if we actually work for the $$ we spend anymore. They'll just give it to us for breathing the air. They create the Monopoly $$ they borrow to keep the party going out of thin air too. It's one big illusion, but it keeps the Elites in power, which is all that matters.
Much as I despised Jimmuh Carter, in hindsight, he was probably the last honest President. The System was clearly failing under him, but he didn't use smoke and mirrors to prop it up. Starting with Reagan, we increasingly borrowed to finance our lifestyle. Under Clinton, it became all about the Economy. Under Obama, it became all about the Entitlement State.
Progress? Who gives a shit? FORWARD!
Actually, I think in WW2 they were mostly telling the population to:
1) Accept gov't enforced rationing of basic items.
2) Spend any excess earnings you had on war bonds (T-Bills).
And today:
1) Accept your EBT lifestyle
2) Buy stawks.
Same stuff, different decade.
I see you are allowing voting on your comment today. The other day I tried to vote you down but it would not register, others mentioned it was also the case for them. Another mentioned you blocked voting- why would you want to do that?
Then the counter-culture movement happened along with the progressive Great Society domestic programs. We're all extra special now.
my buddy's step-mother makes $79 every hour on the computer . She has been fired from work for seven months but last month her income was $21705 just working on the computer for a few hours. why not check here... www.yelptrade.com
Tell yer buddies step-mom that performing sex acts with animals in Tijuana is no way to make a living, and selling that shit over the computer will land her in prison.
Interesting article. Interesting piece of propaganda. Read it and then read a contemporary op-ed (also here on ZH) and reflect carefully if the propagated memes really are in your best interest. Or not.
Today we call this treason.
No mention of debasing the currency? Must've been a common core propaganda piece
Things were different. We were fighting the Nazis.
Yeah and then they became them.
Bada-boom!
Well, I didn't mean it as a dig on Maltese, just as an observation of the truth. I can hate the nazis and everything they stood for while still loving & respecting the German people for realizing their error, as I do my own American brothers & sisters.
Kinda like the modern day equiivalent of "If you see something, say something."
To who...the nazis?
No thanks, I'll take a pass ;-)
"We" fought on the wrong side.
Axis powers
(Germany, Italy, Japan, Hungary, Romania, Bulgaria)
versus Allies
(U.S., Britain, France, USSR, Australia, Belgium, Brazil, Canada, China, Denmark, Greece, Netherlands, New Zealand, Norway, Poland, South Africa, Yugoslavia).
Plenty of propaganda here. Buy war bonds and hold them until maturity? Don't charge excessively for your services? Support higher taxes, pay them willingly? This is just a manual for the citizens to eat inflation and let the government run rampant.
Pay taxes willingly, buy war bonds...lol.
# 4 is just nonsense
take a cock up your ass
mmmmmmm good
Things are very different when the goal of those in power is to wreck a nation than when the goal is to build a nation.
One has to wonder, what made them so evil? Is it the jews? They are good scapegoats and they claim to worship Lucifer (at least according to Saul Alinsky). Or is it Satanists who pretend to be jews and other things? My guess is that it has nothing to do with aliens because the evil power seems to have been here a longer time than we have been here.
According to who?
What did you think Saul Alinsky was?
I hope you're not another Hasbara Troll.
deflation is just a necessary phase whereby
stuff is recycled on an institutional and
essential scale, dude.
Those war bonds were called "Certificates of Confiscation".
We inflated some folks.
Slavery never ended; it just morphed into Big Government....
Amen brother. Had the south been allowed to peacefully secede, in a few decades slavery would have died out on it's own. Instead, the federal govt grew so large that all citizens became slaves to it. Hardly an improvement.
The south was allowed to peacefully secede. After they seceded, the Confederacy attacked the Union at Fort Sumter even though the Union commanding officer offered to surrender the fort if they gave him a couple of days to pack.
That started the war, and the Confederacy had the upper hand for the first 2 years and could have negotiated peace on their own terms any time they felt like it.
Actually, no.
Lincoln (as Commander-in-Chief) had sent a fleet of ships to "re-supply" Fort Sumter and the fort was of course, sitting on the sovereign state territory of South Carolina.
Re-supply does not mean evacuate in any sense of the word, the intent of any re-supply mission is to remain.
Here's Richard Duncan.Some of his recent blog entries are good reading along with his books.
http://www.richardduncaneconomics.com/
This is the QE4 "they'll have to" link which is on YouTube,https://www.youtube.com/watch?v=E3yZ036QOUE
Cool.
An iChalk tablet.
Kill The Machine
The worst part is how they steal the children and turn them in to cannon fodder for the endless wars. The Germans looked at their kids at the end of WWII and said they are 'kannonen futter'.
I see them at the High School in their uniforms dreaming of affordable higher education. The poor kids. They steal their lives. They make the parents turn over soldiers without compensation.
The chalk tablet speaks to virtuous that are non existent but sold to the masses. We are always to believe, to trust only to be Corzined or beaten down by cops. There has to be justice at some point even if it lasts only one day..
I am in awe that you have but one green arrow. Perhaps they've stopped scrolling.
I'm not disagreeing with your overall sentiment, but the fact is, military service in the U.S. is voluntary. If you understand that you're going to be used as cannon fodder (and you are), don't sign up! Plenty of poor people DON'T join the military. I agree that the government makes it out to be a very attractive option, and it CAN be an attractive option--except, of course, for the losing your legs part. In the end, it's up to the individual to educate him or herself about the psychopaths who run this country. Once you do that, you can make an informed decision. If you don't do that, you're fucked. What's it gonna be?
Notice the gov't handout explains and defines the word inflation. That word was unknown to Americans before 1913. It was not part of the language. Nobody knew what the hell it was. We were on a gold standard then.
Not quite.
Only theoretically were the USA on a gold standard then. But in fact, the printing pressess were running full steam and bonds were being sold hand over fist thus expanding the debt.
So the peg to gold was only for official purposes but, in reality, it was not.
In fact, by the mid 60s, the accumulation of monetary inflation of this period brought about the same situation the USA faces today. The US monetary system got some respite by pushing $ inflation into European currencies upon the abrogation of Bretton Woods in 1971.
The rest is history.
A glass of cold beer was a nickel for about 120 years. After the industrial revolution improved production efficiency prices fell across the board and lifestyles improved.
Rich, new silver deposits were discovered and there was a boom time with all the new money being dug from the ground. Money that wasn't printed or loaned out by the would-be masters of all money/power.
That last part really chafed the bankers' asses, and they put a stop to it.
Whomever created that advertisement was either ignorant or wilfully dishonest.
Particularly at a time when consumerism was not even in the lexicon, few members of society could afford to be frivolous with their money. By and large, society was frugal and inclined to make do.
There may indeed be some instances when scarcity may produce inflation and, at that particular time in 1943, war may of course have caused some inflation particularly when individuals still had some savings. In that context therefore, scarcity brought about by war may contribute to inflation.
But the reality is that people deploy their savings when the monetary authority makes it counterproductive to save. By devaluing the currency, the monetary authority induces spending thus it induces inflation.
It is therefore the devaluation of the currency that brings about spending. Morevover, politics amplifies the effect of inflation by making expedient but unsustainable promises to the electorate thereby inducing frivolous spending which engenders overcapacity in industry (thus also driving monopolization) and the concomitant depletion of resources.... you can work the rest out...
Wow, you sound like my grandfather... oh, wait, he owned his own home (with cash), put his kids through college, retired without ever taking gov money... How old school.
Too bad our current populace has their heads so far up their collective butts...
Wow, you sound like my grandfather... oh, wait, he owned his own home (with cash), put his kids through college, retired without ever taking gov money... How old school.
Too bad our current populace has their heads so far up their collective butts...
Don't make more money, but support higher taxes?
Just more government garbage, just different from today's government garbage.
Only proves government spews nonsense.
lol, ww2 propaganda.
first off, that was a total war, ignore the politics and agenda behind the war, just focus on the method. No one wanted in on it to start with, and once the US was in, there was the risk of losing support for it. Did all that rationing help the effort? To some degree, but it was more about giving everyone a personal stake in the war. It was really about "bringing the war home". High taxes are not a problem, in fact they are not all that bad a thing at all if they are supporting things good for society. Low prices were all about controlling government debt, as everything needed for the war had to be kept cheap. Saving money, lol, more like giving cheap cash to the government and not daring to cash out when bonds matured. It was more of a shame campaign, if you didn't play along you were demonized... nothing changes, ever.
Like what? "Education", "Health Care" and "MIC/Police"? Expound...
Health care, education... these are two very simple and meaningful programs which unfortunately in the US are done fucking backwards and in just about the most retarded way possible (because it results in the most profits). Raise taxes, UHC for all to an international level of standards, then supplmental for anyone who wants nicer perks. Education, college needs to be essentially free, again, raise taxes. The net good far exceeds the marginal tax increases. Public infrastructure... again, raise taxes, reverse the privatization bullshit which is just another word for fascism. There is NOTHING wrong with paying more into a system which provides more, nothing wrong with it at all. The problem is when it's been corrupted to a point where the system is little more than a money funnel to whoever can bribe government the best, which is what it is now.
Is it not apparent that .gov is the worst vehicle for these things? .gov is the one that can hold a gun to your head and be completely unaccountable. Why do people love enslavement so much?
Doublespeak Translation:
Don't give the inflation we created to yourself (pay raise) or give it to the private sector (small and large business)...send it back to us (big government). After all, they didn't build that!
Some things never change.
Numbers 1,3 and 5 are sound advice; the rest is gov't propaganda.
If people AND gov't followed these three edicts we wouldn't be in the economic disaster we're in now.
yeah, I caught that as well.
most of the small print is all about shutting up, sucking it up, paying your taxes (and Willingly! at that), supporting the govt, and oh yeah, sucking it up.
okay. nice work if you can get.
meanwhile send your sons off to die in a war that was completely avoidable except for FDR goading the japs by shutting of their oil supply.
Krugman wept
By screwing savers the fed is shooting itself in the foot and dooming America to an ugly fate. Balance is important and like so many things in life when it comes to economic policy it is very important to balance the markets reward when it comes to savings and debt. Savings plays an important role in the economy and has been shortchanged, this will come back to haunt us.
The idea of being frugal and living within our means has not been given due credit, living by increasing debt is far too acceptable. When we find it necessary to discuss savings we are back to basics and it is a sign we have strayed far off course in our economic policy. More below on the important role savings plays in a real economy.
http://brucewilds.blogspot.com/2014/09/savings-and-role-it-plays-in-econ...