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When your most important national bellwether, the stock market, rallies on misery and job losses among the little people (the more the merrier!), maybe it& #39;s a sick, broken measure and not something to be celebrated any longer.
/3
But old patterns are stubborn and resistant to change.
A theory: "Money" created out of thin air isn& #39;t money at all. It fails as a store of value. It fails as a unit of account.
I discuss what money can and should be here: https://www.peakprosperity.com/video/crash-course-chapter-6-what-is-money-2/">https://www.peakprosperity.com/video/cra...
But old patterns are stubborn and resistant to change.
A theory: "Money" created out of thin air isn& #39;t money at all. It fails as a store of value. It fails as a unit of account.
I discuss what money can and should be here: https://www.peakprosperity.com/video/crash-course-chapter-6-what-is-money-2/">https://www.peakprosperity.com/video/cra...
/4
What& #39;s happening now is So much larger than whatever number the Dow happens to be at.
If my theory is correct, the we& #39;re at The End of "money."
It is busy failing at the same pace that our leadership and prime institutions are failing us. They are connected events.
What& #39;s happening now is So much larger than whatever number the Dow happens to be at.
If my theory is correct, the we& #39;re at The End of "money."
It is busy failing at the same pace that our leadership and prime institutions are failing us. They are connected events.
/5 Money is a social contract. It is not real. It is an idea.
When that contract is broken, society breaks down along with it. Our trust is gone. Our agreements revealed to be based not in values, but in flimsy contracts.
This is what is being toyed with here.
When that contract is broken, society breaks down along with it. Our trust is gone. Our agreements revealed to be based not in values, but in flimsy contracts.
This is what is being toyed with here.
/6
ONE TRILLION DOLLARS printed in just TWO WEEKS!
ONE TRILLION DOLLARS printed in just TWO WEEKS!
/7
The "money contract" is not being honored.
For you it is very real, and a matter of life and death. If you run out - tough!
If "they" run out - well it& #39;s an emergency! - and they print more and distribute it by the trillions to themselves.
The contract is broken.
The "money contract" is not being honored.
For you it is very real, and a matter of life and death. If you run out - tough!
If "they" run out - well it& #39;s an emergency! - and they print more and distribute it by the trillions to themselves.
The contract is broken.
/8
I don& #39;t raise this to bitch and moan. I raise this because this is how counties are destroyed. This is how we tear ourselves apart. From the inside. By otherwise well-meaning people who have entirely lost the plot.
In order to save the system, they will destroy the system
I don& #39;t raise this to bitch and moan. I raise this because this is how counties are destroyed. This is how we tear ourselves apart. From the inside. By otherwise well-meaning people who have entirely lost the plot.
In order to save the system, they will destroy the system
