Comments on: Quote notes (#38)

By: VXXC

VXXC — Mon, 14 Oct 2013 09:58:30 +0000

@VXXC

@ admin,

The velocity of our money is sexist – the speed of electricity [1,0]. 180,000 miles per second.

This implies thought.
Thought is sexist crimethink.

The velocity of our money – and it’s all our money – is then velocitized our monetized at the speed of light over fiber optic channels. You can see light, it’s speed is 186,000 miles per second.

This implies seeing [light].
Lights-peed is racist.

And concepts like speed, second, mile are of course Euro-Centric Slavemaster culture.

Triple Crimethink. Arrest Krugton and the wreckers now.

It’s not the NYT narrative. Those are indictments, Admin.

By: Kgaard

Kgaard — Sun, 13 Oct 2013 15:28:17 +0000

@KgaardNope … later never comes. You’re assuming every QE episode leads to hyperinflation but that’s just wrong. In fact, it’s probably more accurate to say the opposite: If you are in a deflationary recession and don’t DO anything about it, you are very likely to end up with a war. One could argue that WWII was partly a result of the various deflations around the world in the 1930s.

The 1930s also offer a good example of QEs that didn’t lead to hyperinflation. Pretty much every country devalued and nobody had a hyperinflation. They just did it to right the ship, so to speak. The current world environment is evolving somewhat similarly.

In Southern Europe the risk is clearly that DE-flation will lead to political instability, not inflation. The ECB should print more.

By: Psykonomist

Psykonomist — Sat, 12 Oct 2013 23:33:00 +0000

No choice from a political standpoint. But it ends badly either way for everyone except the extremely connected. When a bubble bursts, you can either pay the piper now, or pay infinitely more later. The political solution is always to let someone else pay later. Later comes eventually.

By: Jack Crassus

Jack Crassus — Sat, 12 Oct 2013 21:06:41 +0000

@Grotto

How does hasten-the-collapse help neoreaction? When I enumerate movements creating strong communities and alternative power structures, neoreaction isn’t among them. The Mormons are about 5 orders of magnitude ahead, and hell, even the aspies at less wrong are wiping the floor with us. They got meetups and funding and a (big!) camp at Burning Man and everything.

By: Grotto

Grotto — Sat, 12 Oct 2013 19:57:06 +0000

I wonder if this isn’t a good development for neoreaction. A heighten-the-contradictions, hasten-the-collapse event that allows the whatever final reckoning we expect to occur on more favorable demographic grounds.

As to Yellen, I have no expectations for her, as she is most likely a affirmative-action, group-consensus-follower who will be tasked with keeping the money taps flowing, and going down with the ship while Geithner and the rest wash their hands of the impending disaster.

By: VXXC

VXXC — Sat, 12 Oct 2013 16:05:54 +0000

“Your approach would put a lot of regular folks in destitution.” — beggars wandering the earth, with every door shut to them.

“It’s really immoral.” – actually it’s amoral and just.

By: pseudo-chrysostom

pseudo-chrysostom — Sat, 12 Oct 2013 05:01:40 +0000

that crisis of course being, if you arnt in control of the dynamic, someone else will be, and it is they who will be the natural sovereign, and will inevitably attract power and influence in fact, in spite of anything trying to say otherwise. (par example 2, the rise of international finance filled a gaping power vacuum, and it is they who were ultimately the chief influence in the toppling of the old formal elite, and guiding geopolitics today).

By: pseudo-chrysostom

pseudo-chrysostom — Sat, 12 Oct 2013 04:32:26 +0000

see, we wouldent even be having these conversations if we formalized the sovereignty banks have over society. then instead of having to gather taxes for both sovereign ventures *and* paying the interest on rented money, the interest from debt money can be put to official use directly, largely obviating the necessity of taxation, beyond possible vestigial use as an accounting/law enforcement metric, or pigouvian taxes where the market distortion is the feature, (and concordantly, reduce the necessity of economic hitmen and the petrodollar system for supporting this whole parasitical edifice [not that we might want to give it up anyways though, but if we did, ‘free trade’ would have to go too]).

such an entity could of course also reserve the right to issue its money debt free ala the modern monetary theory guys to get people doing something with their lives (workfare is by most any metric far superior to naked welfare for providing a meaningful existence [let alone for acomplishing social objectives], but the current system is hardly optimized for it), or to subvert/undercut private banks/financiers/fund managers who are ‘defecting’ in the social game whenever appropriate (i don’t think a ban on fractional lending [and hence, endogenous (debt) money creation] is possible in practice [par example, the goldsmiths of old], which is why i think debt free money by itself is only a half measure to the crisis of rothschildian social organization).

By: Thales

Thales — Fri, 11 Oct 2013 05:57:44 +0000

Expedited “tapering”…

By: fake_username

fake_username — Fri, 11 Oct 2013 02:11:47 +0000

Religions will obviously elevate their [most gifted] true believers. After all, could they risk the faint possibility that the other candidates might in a fit of sanity revert to the wrongheadedness of their youth?