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Bank Of England Economist Calls For Cash Ban, Urges Negative Rates
Just three short years ago, Bank of England chief economist Andy Haldane appeared a lone voice of sanity in a world fanatically-religious Keynesian-esque worshippers. Admissions in 2013 (on blowing bubbles) and 2014 (on Too Big To Fail "problems from hell") also gave us pause that maybe someone in charge of central planning might actually do something to return the world to some semblance of rational 'free' markets. We were wrong! Haldane appears to have fully transitioned to the dark side, as The Telegraph reports, he made the case for the "radical" option of supporting the economy with negative interest rates, and even suggested that cash could have to be abolished.
Speaking at the Portadown Chamber of Commerce in Northern Ireland, as The Telegraph reports, Mr Haldane's support for a possible cut in rates came as the Bank as a whole has signalled that the next move in rates would be up.
Andy Haldane, one of the Bank’s nine interest rate setters, made the case for the "radical" option of supporting the economy with negative interest rates, and even suggested that cash could have to be abolished.
He said that the "the balance of risks to UK growth, and to UK inflation at the two-year horizon, is skewed squarely and significantly to the downside".
As a result, "there could be a need to loosen rather than tighten the monetary reins as a next step to support UK growth and return inflation to target".
But recent volatility in financial markets, prompted by China, and a decision by the US Federal Reserve to delay rate hikes, have pushed back expectations of the Bank's first rate rise to November 2016.
Traditionally policymakers have resisted cutting rates below zero because when the returns on savings fall into negative territory, it encourages people to take their savings out of the bank and hoard them in cash.
This could slow, rather than boost, the economy. It would be possible to get around the problem of hoarding by abolishing cash, Mr Haldane said
Interestingly, one idea, Haldane told an audience of business owners in Northern Ireland, could be to scrap cash and adopt a state-issued digital currency like Bitcoin. Although widely reviled as the currency for drug dealers and criminals, Haldane said Bitcoin’s distributed payment technology had ‘real potential’. Which may explain the Fed's sudden fascination in the virtual currency.
NIRP - it would appear - is about to global.
So Haldane has gone from worrying that "financial markets were detaching themselves too materially from fundamentals" and fearing the "biggest risk to global financial stability right now it would be a disorderly reversion in the yields of government bonds globally," the BoE's chief economist has not only called for policies which will enable an even bigger bond bubble but will also remove freedom from the people to do what 'they' think is best with their capital. Indoctrination is complete (or more ominously, is there something Haldane sees that has driven him to this extremist perspective?)
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They've gone beyond the "trial balloon" phase, he really means it.
DO IT! And ban gold, silver and Bitcoin too! No really, we want you to!
The understanding of the freedom cash provided died with those who were adults during the great depression.
Another banker with a lead deficiency.
pods
"option of supporting the economy with negative interest rates"
I never knew stealing supported the economy.
Can't have cash around with NIRP, because then you're making money stuffing it under your mattress.
This is easy to prevent, you just have an nation wide unlimited strike action of all industries, and tell these arseholes to go to hell.
And I guarantee you the anti-cash idiocy will almost immediately collapse and run for cover.
They do not want such a strike because they do not want human beings having a mechanism of power that will defeat them every time.
Hence they try to pretend it is somehow illegal to withdraw your labor and not participate at all until things change.
Call a national strike over banning cash? Fuck that. Call a National strike over the fact that all the fucking bankers should be in prison.
What could be a bigger blessing to someone holding cash, gold, silver and Bitcoin than a cash ban? This is the ultimate failure signal for the entire world.... (And did any of us really think when we were entering this "trade" that it was not teh ultimate rebellion and sedition against a morally bankrupt state?)
By the way what this "economist" is now advocating is exactly what I predicted that they would attempt with the E Dollar.
End the bankers before they end civilization.
The British are brainwashed Zionist Zombies. No way.
A bunch of creepy zombies repeating platitudes about equality, social justice and whatnot.... oh yes... and "knife culture" they really don't like that either!
OT but essential to the frauds being committed.
https://stevengoddard.wordpress.com/2015/09/17/noaa-massively-ramps-up-t...
Government changing data to fit their agenda..
I want them to try banning cash. When they do, the Christians will go apeshit and THAT will make for some great viewing. Gimme some popcorn and a 69 oz. Dr. Pepper...
I can see the news headlines now: "Dallas police gassing Christians"
Bring it on Bwankers,,,
;-D
haha good point, I forgot about that angle.
Thankee,,, OK, I know I'm going to get in trouble for this, butt, YA-TA-HEY:
The only difference between Christianity and Islam is about 500 years. The Muslims are stuck in the 14th century, and the Christians are stuck in the 19th century. Other than that, they are pretty much indistinguishable. Trust me, the Christians have plenty of fight in them...
;-D
Consider the relationship between Truth Respect and Love
Fight? Except for Davis in Kentucky I haven't seen any.
A cash ban will lead everyone back to the flea markets, swap meets of the hyper-inflationary 1970's. It will kill the dollar stores, throw people out of work and kill state sales tax revenue. This might lead to more state legal tender laws, undermining the CB's wealth theft device (cash). A cash ban will be the shot heard round the world. A shot by tyrants against their debt/tax slaves.
Thank god for Kim Davis.
Let's not forget that Islam is basically Judaism 3.0.
Both Judaism and Islam share a lot more with each other than with Christianity.
..
... but as an atheist I think all 3 are horse shit dreamed up by ancient sand dwelling goat fuckers.
Goats? Hmmmmm
I like sheeple better.
You speak of a 500 years ..
The problem here is usury along with the banksters ..
Ban them both ..
http://www.truecovenanter.com/truelutheran/luther_trade_and_usury.phtml
We cannot at this point in time separate the banksters from the Vatican/Papacy ..
http://tuppersaussy.com/museum/html/writings/articles/15brienner.html
http://tuppersaussy.com/museum/html/writings/articles/dialvol1no1.html
http://tuppersaussy.com/museum/html/writings/articles/articles.html
Given the choice, better to trust the Turk ..
The Jews? It's a mirage ..
The Bank of England is a zio pedophile nest.
The worst beings humanity has to offer.
I say we nuke the City of London ..
Problem solved ..
Give 48 hour evacuation notice. A one (1) kt. W54 modified Davy Crockett should do the trick. Ground zero would the the Bank of England. Deliverable via cruise missile ..
We just need a POTUS and JCS with the stones to do it .. (call it final payback for the War of 1812)
The Vatican would get the message, and fall back in line with their mandate. You cannot nuke Rome. That is crossing the line. Incalculable consequences from that act.
The UK govt. and citizenry can sue the banksters for any collateral damage. Believe me, they can afford it. I'm sure sections of MI6 share in the some 5000+ Title 18, Section 6 entities that net about a billion each (minimum) ..
https://app.box.com/s/hfgvcqg7gqh7i27at6sv53ywu87lwarp
If we wanted to get a bit more inventive, lets put our "Star Wars" to work. (See Real Genius) Just widen the beam a bit to cover about 1.12 sq. miles and adjust power output in proportion. (Also see Keshe) In the aftermath, turn the place into a park/museum ..
This would make a great script for a sci-fi novel/film ..
I'm flexible. ;-)
Yup. The cash abn along with negative interest rates will be their end. Your everyday, regular sheep will realize that the banks are frauds and just around to steal wealth from the producers.
The sooner they ban cash and start negative interest rates, the faster the people will flea from the banks.
I disagree.
When the sheeple are told they can pay for everything via scanning their iPhone they will be happy as pigs (or sheep) in shit.
Because the masses are brainfuckingdead.
then get out there and evangelize CuttingEdge
Fuck, I hate those stupid new terms: Evangelize, Socialize.
Now our project lead is using Ask as a noun.... I want to scream at her - "Ask is a fucking verb !!!!".
Don't forget to leverage your resources and take this discussion offline. We'll need to level set later and care for all the opportunities so that we achieve synergies and go all in.
Cutting edge,
That may true young city-folk who are all about getting the nxt new gadget. Those people are screwed anyway. I'm talking about the country and small town people. You know, the places where the corner store only accepts cash? And no cash at auctions or yard sales? Yeah, that'll piss off 2 generations of middle america.
There is more to America than the yuppies on the coasts.
They can do that already. People will realize the world they live in when Brother Love Government comes dipping into your savings account 'because things are just not balanced just right..' All I can say is bring an army big enough to match the level of tyranny their trying to peddle.
Some forward thinking progressive community activists take this thinking a step further and destroy businesses in their own neighborhoods. As they already don't work.
Do you honestly believe these problems are a result of progressives? The shit sandwich we currently have is a direct result of having our technology and economic backbone sold out to EMs by the corporate/bankster/political oligarchy so that they could further concentrate their control and power and thereby steal the wealth the middle class created. By the time everyone figures out what has happened it will be too late (it probably already is).
Progressives, socialists, communists, capitalists, etc...aren't the enemy. Giant banks and corporations who will eventually control the entire global Economy are the enemies. There will be one gov't controlled by a small group of people. These people are regressive. They are wanna be emporers and empresses who figured out that if they work together they can have ALL the wealth. Everything else is just theatre.
First rule of Project Mayhem...
so if you make money on top of your mattress, it's a quick drive to the bank
NIRP would have to have cash confiscated
From your comment, I just realized that in a NIRP world, cash would have to be confiscated; otherwise everyone would take their cash out of the banks.
This would have two effects:
1: People/companies with cash under their matress or in a safe, would in effect earn a positive rate of return as oppose to negative rates in a bank account.
2: Bank reserves would implode, as cash was taken out of banks and liqudity from the entire banking system.
absolutely right, evan. thanks
I never knew stealing supported the economy.
It supports the economy of TPTB and the Luciferians. They might need a bigger yacht or something.
Two words: Fuck you
If you make my employer pay me in your worthless scrip, for my labor, you are taking not your worthless scrip, but my TIME. Confiscating, or limiting access to the money I EARNED is STEALING!! ITS MY EARNINGS---a representation of my LABOR that you are taking from me. In other words, SLAVERY!
Uh....hate to break to you Scotty, but they are already paying you in worthless scrib. Pretty sure they are confiscating at least half of the "scrib" you've earned too. Shit in one hand, wish in the other....But I'm with you, Fuck Them!
I get that. But at least right now, I can change that worthless scrip into something. But a NIRP environment is nothing more than a tax paid to the banks. They are taking my labor, not my money. Thats what I am trying to point out to people. Its the confiscation of your labor---your TIME. My life is short enough as it is, I don't feel like giving more of my TIME to them so they can sit on the beach in the Caribbean while I fucking work till I die.
Jesus will save us if we repent. Wasn't it he that said, "Render unto Caesar that which is Caesar's"?
Well, seems to me that it is downright anti-Christian not to allow NIRP and cash destruction. After all, we didn't print it, Caesar did. It's his.
Also, redistribution is the Christian way!
Uh, along with wars, murder, drowning, incest, poisoning, you name it, and slavery is good. Jehovah is a ruthless motherfucker, I choose to blame it on God and Jesus's alter-ego, the Holy Spook!
Fuck a bunch of spirits, especially evil ones.
Yeah, you might want to find some context there friend.. 2nd Thess. "The one who is unwilling to work shall not eat"
Could have to be?
Consider the possibility that things really are this bad to warrant a move like this. I would not rule out that they are secretly fighting to keep the system from blowing apart into total chaos and panic.
They are floating out trial balloons of drastic measures, this smells of desperation on their part and I think we should all be a lot more concerned that the situation is that grave.
I think they are starting to figure out that there is no way out, mathematically no fix can work. They are in the process of grabbing what they can before the lights go off.
I am alarmist and suspicious by nature, it has served me well in the past, and have been preparing for the last few years.
I am out of equities, save some ETF and FAZ to make a little last minute money as they go down the toilet. The hairs on the back of my neck are telling me there are great events at our doorstep.
I hope to see this mess resolved by the time I pass. I should hate to send my now 2 year old son out into this shark tank as it exists now.
Your 2yo son will be far better educated to the ways of the wicked than we were. My parents were simple worker bees that had a lot of faith in doing what people thought was right. Your son will go into this shit having been schooled by you, big difference than us.
The BOE guy should just come right out and say, hey if everyone who is legit can buy and sell, we will be able to control things, so is it such a sacrifice for all right thinking people to be registered and "marked" as valid in a standard place on their body. What could go wrong.
I'm sure the Russians indians and Chinese will jump right on that cash ban thingy. Yeah right!
The understanding of the freedom cash provided died with those who were adults during the great depression.
No. It died when the adult generation that saw the formation of the Federal Reserve and the Federal Income Tax did not rise up and have a prolonged bloody revolution aided by the military and kill every last politcian who signed those acts including the President.
And then go about forcing the politicians left alive to pass a Constitutional Admendment permanently banning for all of history a Central Bank on the shores of America and banning business with any and all Central Banks worldwide.
1913. The true Date that will live in infamy.
Why did we even fight WW2? We got the same outcome but with extra demoralization, slow genocide. Nonviolent revolution? Where's the honor in that? I love when the liberals talk about all the rising living standards across the world...quantitatively, there's never been more suffering, and it is all thanks to endless interventions by the West.
Individuals don't matter, only institutions matter...ok but no one believes in institutions anymore unless they are being paid to write propaganda about them or employed by them...
During the kiddie debate, NeoHegelian Jindal kept talking about "The idea of America slipping away". The idea of America is dead. We killed it.
We are all Nietzscheans now...
Freedom was an idea created by racist old white slave owners, and it ultimately manifested as little boy and fat man. Contemporary microbloggers are far more enlightened...
It's a signal.
Get rid of that credit card where you bought your silver with. Close that account at that bank and join another bank.
In 2 years from now, the records will be deleted. And close all online accounts where you bought your gold and silver also.
Just make sure there are as few as possible links to you owning it when the shit hits the fan because they'll do whatever to defend their new idea and gold and silver aren't compatible to it.
Uh what good is getting rid of your CC going to do? They already have you on your radar.... unless you used a pre-paid CC, had it sent to another address. I've had shills on this site and others give my real name and web-browsing history. They are letting you know that they are watching what you are doing.
???
Links?
Links to what? To them outing people using their real names? No we didn't save any links but it has happened a mod could see your real name in an email address but not your web browsing history.
I just wanted to know if ZH was actually mentioning people's real names in posts (by Tyler, Sac, etc).
pods
Only fools use their real name in an email address.
Every youtube vid with a guy showing off his stack of gold and silver can be traced with google earth.
Believe me, it's creepy.
I checked my own family vids on youtube with it and it traced to my house at a 50 meter distance.
So those guys showing 10000 ounces and more of silver on youtube... I'd buy a gun and 5 more dogs....
i plan to be highly mobile. that's just my situation. if you're homesteading, eliminating the paper trail may be of some limited benefit, but you will of course, be required to defend your property from the tax collector enforcers. serfs aren't allowed ownership, only rental.
I agree to a point. Particularly to Property Tax and the complete and utter lie of ownership of anything, especially your home.
You may be mobile. You may be paperless. But you have had a paper trail on you since birth. Once you go dark.....that's an immediate red flag. Then Skynet watches you from above, from every speed camera on every stop light, in every store you may frequent, on every cell phone camera in every pocket of 3 billion people worldwide that have one. You will eventually interact with someon, unbeknownst to you that has turned. And probably a friend or family member.
You're on Prison Planet. It's only a matter of time before you're found out.
I'd just as well shelter in place and go out in a blaze of glory than running around hiding. You'll just die tired and like a sewer rat. Better to die on your feet like a man and take some with you.
"You only have power over people so long as you don't take everything away from them. But when you've robbed a man of everything, he's no longer in your power - he's free again." - Solzhenitsyn
“And how we burned in the camps later, thinking: What would things have been like if every security operative, when he went out at night to make an arrest, had been uncertain whether he would return alive and had to say good-bye to his family? Or if, during periods of mass arrests, as for example in Leningrad, when they arrested a quarter of the entire city, people had not simply sat there in their lairs, paling with terror at every bang of the downstairs door and at every step on the staircase, but had understood they had nothing left to lose and had boldly set up in the downstairs hall an ambush of half a dozen people with axes, hammers, pokers, or whatever else was at hand? After all, you knew ahead of time that those bluecaps were out at night for no good purpose. And you could be sure ahead of time that you’d be cracking the skull of a cutthroat.”
And he also documented how the Bolsheviks were largely composed of.... A 'religious' minority, famous for changing names. Trotsky, Lenin, Stalin (Dzugashvili = Son of Dzu)
No need. Buy it online with a CC. All that proves is you had it at one time. Did you sell it or trade it like I did for other assets which shall not be named? I've given people silver for presents. Do I remember if it was an ASE or some other? Nope, it is too trivial. An ounce is an ounce, err, was.
Hell, you could just go to the LCS and swap it there. Whatever. Once it is gone it is gone and they can't take what you don't have.
Exactly. I traded my remaining bitcoin for some silver and then bought a handgun with the silver. Eventually I traded the handgun for a rifle and some BTC which I then exchanged for more silver. That silver I gave to someone as a gift and they absolutely loved it. I sold the rifle for silver and cash and used the cash to buy more BTC which I traded for more silver. That silver I used to trade for a gun which I traded for a payment towards a vehicle. That vehicle broke down and I donated it. So I have nothing anymore and that is what I get for buying bitcoin.
What silver?
Never been to a gold and silver store that took CC. All of mine only take cash. I like it like that.
Few if any of you have enough money to buy enough gold and silver for anyone to give a shit about. Nobody's gonna send out a SWAT team to hunt you down over your coin collection grandpa.
You are far more likely to be killed for $50 cash by some dindu or "refugee."
You are far more likely to be killed for $50 cash by some dindu or "refugee."
This^^^Prepare for this, folks.^^^
http://www.neighborhoodscout.com/neighborhoods/crime-rates/top100dangero...
Your proximity to the feral ones increases your danger exponentially.
I suspect an increase in boating accidents will begin to happen in 3...2...1..
You can do whatever you like from your end, but more stringent records are being made from the seller's side. I like the idea, but I think it would be a waste of time. The solution is very basic.
Bury them.
If you have a couple thousand ounces of gold, you may want to worry.
If you are like most of us, I assume, don't sweat it.
My stash wouldn't pay for the fuel the SWAT chopper would use to come get it.
No kidding. I'd be a pig in shit. #noslvorgldforme
Hmmmmm shittttt
I feel like I owe you an apology for the ham and swiss I just had for lunch. Sorry, but I can't guarantee it won't happen again.
Next time, go for the smoked brisket ;-)
Sha-la-la - nothing to lose....
Strawberry Alarm Clock - Incense And Peppermintshttps://www.youtube.com/watch?v=qhYLz63csS0
Hang that fucker.
not suprised by this. He was suggesting on BBC TV that private ownership of stock in listed companies was `outdated` and that any business with shareholders to please was defacto inefficient. He has gone full comunist retard.
Yeah, this guy is probably also in favor of LIBOR rigging and all the other fraud shit they do.
don't worry they'll be criminally punished just as hard as General Motors
or less
My idea of how TPTB will kick off going cashless gets a lot of junks, but I still wouldn't put it past them.
I still believe a federal license will be required to possess cash for any reason. Everybody with an SS# will receive their temporary license upon receipt of signed acknowledgement of expiration of said license. All cash transactions must be accompanied by current cash license numbers. After that date possession of cash for any reason is a crime. All assets not held in an authorized manner are against the law. This will be done to "protect the little guy" that "plays by the rules" who is getting harmed by incorrect use of cash. The sheeple "deserve" this because they have also missed out on the "wealth effect".
Of course, this will apply only to sheeple. There will be official exemptions because rule of law and fairness enforcement. The political winds are blowing towards narrowing the disparity between rich and poor so watch the fedz get the ball rolling on this by offering early participants a helicopter drop of QE, not in fiats, but in stawks (student loan backed securities).
James Dacre: are we living Brave New World's nightmare future? http://gu.com/p/4cg65/stw Huxley was very concerned with an all-powerful elite.
"lust for power can be completely satisfied by suggesting people into loving their servitude as by flogging & kicking them into obedience”….Aldous Huxley
Fuck him and the BOE. This is now a fight between wannabe slave master and almost a slave.
Be prepared. They are going to genetate so much moral confusion you will not know who to oppose. Child refugee or Boko Harum refugee, ISIS enemy or ISIS ally, bank foodbank contributor or bank foreclosire officer, police protector or civil forfiture officer, legally elected or bought and paid for, employer or exploiter, talks or walks. Keep your focus and your eyes open or you will find out you work for them.
BAN BANKSTERS
NOT CASH
So yeah.
Time to close the exits and bar the doors just in time for the fire to flashover and incinerate everyone inside.
Awesome.
Convenience ( atm / credit cards ) > Prudence ( physical cash for now / tangible things of value ) apparently.
That promises to end well.
Bollocks to the BOE
Beans and Bullets my ZH friends. Everything else is Fiat.
Until fairly recently, it might have made sense to buy shares of Campbell's Soup. Now it's looking like it might make more sense to buy cases of Campbell's soup.
Bingo, nothing is more assured to start a real bank run than a ban on cash. Fucking bring it!!!
Fuckers wouldn't allow a bank run. A ban on cash would happen in the dark. One morning, the ATMs will reject your card and the banks will refuse to give out cash. No one will see it coming, cept those in the club.
And you don't think that would get bankers executed?
Good luck with that.
No.
I do not.
Sadly.
People are pretty used to credit cards and SNAP cards.
People will cheer lower interest rates on their debts.
SNAP cards will not work forever. Again, good luck with that.
Good luck with what?
You don't eat the kind of food HH does by using a snap card.
"nothing is more assured to start a real bank run than a ban on cash.......or a long string of EMP blasts around the world"
a ZH oldie but goodie...
https://www.youtube.com/watch?v=QyzW8tV-bz4
The number 666 is geometry. One can draw it out on paper. It is a pyramid. Note the pyramid on the back of your one dollar bill on that federal reserve dollar bill.
The number is a point, mathematically; you can symbolize a point by making a dot on paper but you cannot "draw it out on paper." I assume you have some occult geometry in mind?
yeah, an equilateral triangle einstein
SEZ WHO?
It's not just a pyramid, it's a constant. An equilateral triangle has (3) 60 degree angles. 60+60+60 = 180. 1+8+0 = 9 A square has (4) X 90 degree angles so 360. 3+6+0 = 9. No matter what equilateral shape you take, the sum of it's angles, added by digits, equals 9. 6/6/6/ is the basis for all equilateral shapes as it's the most basic complete form achievable. The beginning and the end.
I can agree with the statement that a triangle with three 60% angles is equilateral. No problem. I don't agree that the equilateral triangle is the basis of all geometry. Before you have a triangle you have to have lines, straight lines, in fact. But why should straight lines be the basis of geomtry? Why not curved lines? You could make a convincing argument that the straight line and the curved line are the two bases of geometry. Greek geometry had only the compass and the rule, after all.
The statement 666 = geometry as it stands is nonsense. It may make sense in some occult numerological context but this is neither geometry or mathematics.
The geometry you're reffering to is modern, at least relatively. Curved lines don't work as a basis because there is no exact curvature possible, it's all approximate since pi is not a rational number. Lines are also not good candidates since their ending points are undefined. For thousands of years, geometry was based on solid shapes, the simplest of wich is the triangle.
How complex is it to drive a round stake or pole into the ground, tie a loop at both ends of a rope, drop one loop over the stake and walk in a cricle with second stake held through a loop on the other end of the rope? Circles were used quite a bit pre-historically. Maybe because they are so simple.
Why do you say "there is no exact curvature possible." Pi is a ratio. It is as exact as you need it to be. But why would a ratio affect the condition (exactness) of the two things it compares?
If you want a spiral, just fix the rope to the stake. The distance between the lines will equal the circumference of the axis pole or stake.
Why is a circle not more simple than a triangle? Defined by one point and one length.
"as exact as you need it to be" works when building things, but curves can't be exactly defined using rational numbers, so they're imperfect. The best a person can do is approximate it using other shapes, and the basis for all those shapes is the triangle.
There is a difference between practical math and theoretical math. In theory, no matter how many times you half something, you always have something left. In practice, once you half something a certain amount of times, there is nothing tangible left. It's the same with circles. In practice you can make them work when building, but in theory they will never be exact. This makes them off limits as foundations for a geometric system because their values shift as they are quantified. If you calculate a curve using 3.14, you will get a different curve than 3.1456 and so on..
get it?
"In theory, no matter how many times you half something, you always have something left. In practice, once you half something a certain amount of times, there is nothing tangible left. It's the same with circles."
It's also the same with any line segment. See Zeno.
Bastiat - Understand what your saying you need a reference 'point'. Follow me for just a moment. Take a piece of paper out and draw a pyramid anywhere on the paper. Now put the number 6 next to each angle.
We cn do the same with pyramid of 3x3x3. The reference between the two is height but requires more information regarding meaning. Man thinks 3 dimensionally. We are in the 3d dimension. It isnt accidental tools like pyramids be them stone or paper where we insert into that lets say three main food group. This a a starting reference point for a much longer discussion but I'll leave you with something you may find useful.
Draw another pyramid. In the middle have three sections. In the top smaller portion put 'Concepts'. In the middle put 'Issues' and the bottom put 'Details'. That is how we think top down, the concept drives the issues which creates the details. Ask yourself if leaders understand all three versus and general population. If the answer is yes then you understand why 'wedge issues' are shoved down the throat of the people. Cant think conceptually when bogged down into issues or details now can we?
I guess you can make a equilateral pyramid, but 6-6-6 and what units? If John who wrote Revelations was taking about a pyramid like of an Egyptian persusasion, the pyramid would have ratios not of 1-1-1 (I divided by 6 through your ratios), but rather of 1 X 1 X 1.618 (base X width X height) and is a golden ratio of base to height.
Also, "6-6-6" is an incorrect translation from the Vulgate to the King James Bible. It should actually be 6-1-6, which was hebrew number code for Nero, who was emporer when the temple of Jerusalem fell in 70 AD. Tons of reading available, a brief synapsis located here:
http://www.deliriumsrealm.com/number-of-beast/
The irony HH, is that by the time this does indeed roll around, it will be accepted with open arms and the verse quoted above, along with its parent book, will have long been outlawed as 'terrorist' propaganda.
The number 666 is geometry. One can draw it out on paper. It is a pyramid. Note the pyramid on the back of your one dollar bill on that federal reserve note. Of course few realize the Federal Reserve (the Fed) is a private corporation that controls the currency, not the government.
As for mark of the beast, see this article about the company that created RFID chips back in 1994 called Digital Angel. http://www.gizmag.com
They have since changed there name. I guess Jews dont read Revelations. Also, the seal of Nero was a stamp of 666.
The seal on the dollar bill and what it says around it in latin is interesting. With this in imfo in mind now reading Revelations makes it more interesting.
17 And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name.
2030 agenda in a few days Boys and Girls.
No clearer signal can be either given or ignored.
2030...? How about within the space of (5) years...?
I know it is fashionable to ridicule religion these days...I'm not one for fairy tales either.
But only a fool would underestimate the power religion HAS cover its adherents. That 'mark of the Beast' thing is taken very seriously by a LOT of people, and in a cash-ban you will get tens of thousands more popping out of the woodwork.
A religion on the march DEVOURS countries, crushes empires, and redraws borders with ridiculous speed. And what do the leaders of those crushed empires end up doing if they want to stay in power?
They get on their knees and convert to it. And converts tend to be even more aggressive in pushing it than the faithful themselves.
Any chaos would be short-lived. The backlash would be twice as hard as the initial attack. Trying to ban cash could very well end in a slaughter of creative finance types. The road to Washington lined on both sides with the crucified, like the Appian Way.
Of course, then we'd all be living in a theocracy, but you know...six of one, half-dozen of the other...
Revelation 13:17King James Version (KJV)
17 And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name.
2030 agenda in a few days Boys and Girls.
Yep, and the MARK could easily be a Credit card,or facsimile therof.
Use it, or you do not eat,buy or sell,and no WORKEE,Christians will never accept this, ever at least TRUE believers.
Repost, https://www.youtube.com/watch?v=DO1Q7F23DxM but still relevent to the topic.
yeah let me see....
1) negative interest rates.......CHECK.
2) ban debt based worthless currencies......CHECK.
wait for it..........................
3) Bit Coins offer promise......CHECK.
and there u have it......
There are only 2 forms of REAL MONEY that also offer freedom in the face of the Bankers tyranny...
DEATH TO THE MONEYCHANGERS....
Leave hookers and blow out of it.
And the toilet paper / hand job barter economy.
It's an interesting point WC.
How would hookers and blow work in a cashless society being that both are "illegal" in "advanced" Western societies?
Why doesn't the Fed just punch a couple of keys and buy all of the bitcoins in existence with their free money? That's what those sociopaths are doing with everything else.
They already are.
You don't know what they are and aren't doing with Bitcoin. You don't quite understand Bitcoin itself. A couple of weeks ago you said something to the effect that Bitcoin depends on a good justice system (http://www.zerohedge.com/news/2015-09-02/china-scrambles-enforce-capital-controls-capital-flight-threatens-economy-which-grea#comment-6500229), which is false. I don't know if you saw my reply back then: http://www.zerohedge.com/news/2015-09-02/china-scrambles-enforce-capital-controls-capital-flight-threatens-economy-which-grea#comment-6503627
That's not what they are doing with everything else.
Whatever one might think they would be achieving following such a childishly naive strategy, the actual effect would be transfer of wealth from those with stakes in the fiat currencies towards those with stakes in cryptocurrencies. Thus, a positive risk for people like me, present bitcoin holders. As much as I don't mind windfalls, I see it as very unlikely.
More subtle things are often done by central bankers and their commercial bankers. Like some bankers offering credit for bitcoin speculation and bitcoin related activities and thus get some control over some share of the whole bitcoin economy. So just "join them". They would never dominate the whole cryptocurrency economy and if they ever got close to it, they would quickly find out that a new one has emerged, unnoticed, and they would be back to square one.
Uh oh, gold and silver always get smashed whenever these ban cash media campaigns hit.
Explain how something of value going on sale is a problem? ;)
what part of "The efficient market cannot work with free money" don't they understand?
He has seen that the future is either bitcoin or yuan.
we are in the begining stages of a deflationary spiral and everyone is scared shitless.
I think you are correct.
Bullshit. When it comes to the resources and energy required to maintain a high standard of living, there will be no such thing as "deflation" so long as there are 7+ billion people, and growing...
Another brainwashed sap of modern eCONomics...
don't worry they'll be 9 billion in twenty-five years so I'm sure it will all work out
that is if 5 don't die by then
What you consider a high standard of living might be quite different from what many of the world's people would want.
Most folks are quite happy to have a secure roof over their heads, and food on the table. Medical care when needed...that sort of thing.
That kind of lifestyle does NOT require I-Phones, or stock portfolios, or expensive underfunded pension plans.
Deflation is coming because most of the world doesn't NEED what we sell, and are starting to realize this.
In truth, a good life really isn't all that expensive. 7 billion people can indeed live quite happily in a world of lowered (realistic) expectations.
I wouldn't count on that 7 billion to prop up the values of your "investments".
In the US access to medical care (insurance) costs as much in a month as the poor in many places make in a year.
That's because our economy inflates the costs of everything. There's no reason medical care should cost so much more, except for the way our economy distorts prices and values.
Get that out of the way, and medical care, as well as everything else, becomes very do-able at much lower prices. The only ones hurt are those who depend on revenue streams from the 'skim'.
Fuck them. Get up from the computer, put some pants on, and go get a real fucking job.
There's also an issue with advancing medical technology and costs. For instance: the overall costs of medicine when up permanently with the invention of the dialysis machine. It may be that dialysis machines are now cheaper (in real terms) than they were at the beginning but the point is that it is a new, expensive treatment modality. There are more people alive but health care costs are up.
There is no correlation between increased cost and technological advance in medicine, only the semblance of one. The amount of “regulation” in medicine is astonishing. From FDA restrictions, AMA restrictions, the illegality of selling any sort of medical device to anyone other than an MD, all of the insurance rackets, etc. The list is all but endless. I once worked at a beautiful $250,000,000.00 brand new hospital, which had an alcove built specifically to hold a blanket warmer outside of our nuclear medicine department. We had to ultimately relocate it behind not one, but two security doors “because of regulations”. Yes.
The world would be awash in physicians, medicine, and medical devices at (relatively) low cost were it not for The State.
"There is no correlation between increased cost and technological advance in medicine"
Absurd.
The dialysis machines are cheaper, but because of the way our economy is set up, there are more people skimming a revenue-stream off them, so up goes the price.
What part of all fiat will die, don't you understand.
Even if we were all living in mud huts, you would still have massive inflation.
Anyone looking for a Weimar wheelbarrow?
Some truth to that. I live great on less than 25% of my monthly net income. Drive a $60K car, take half a dozen or more vacations every year, etc. Got a bunch of expensive tech toys.
What's my secret? Not married and not a beta male that lets women use me like a slave. I use them and dump them like the worthless whores Western women are.
Wow...When do you get time to dead lift?
I see you're a fan and follower of my hilarious commentary on this website. Good. I like an audience.
Enjoy it while it lasts.
When things go really pear-shaped you'll be quite alone in the world.
Your paper wealth will be worthless, your PMs a target for younger and stronger thieves.
You won't even be the hit with the ladies you used to be.
Then what? Save the last bullet for yourself? Or what's the plan?
Plan is to marry a non-feminist Eastern European white woman that doesn't have a ruined vagina from being fucked thousands of times by dozens of men like a fat disgusting Western whore. Father many children. Raise them to resist the genocide of all white people. Ensure my children can flee to whatever white nations are left by 2040.
Captain Capitalism, is that you??