World, Writing, Wealth discussion

Given, "If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless." - Thomas Jefferson

Links below.

Youtube: https://www.youtube.com/watch?v=dk3AV...
Lulu: https://www.lulu.com/shop/david-roger...
Website: https://thegreattaking.com/

Worthy of discussion.

Except for Fed Reserve , supposedly owned privately (not a good idea), I'm unaware of most other CBs being privately owned. Yes, usually (but not always) a collateral is worth more than a loan, so it makes sense to swap 50% to gain 100%, but then if all collapses simultaneously it all rapidly depreciates. That the system is profoundly sick there is little doubt. We need some serious/drastic reshuffle. The suggestion to own brick and mortal and food production facilities would be a good anchor in times of a meltdown however not sure how many can actually realize it without borrowing more money. Indeed, an interesting topic to discuss. Proviso: so far I've watched the beginning and the end of the documentary and read an annotation what the book is about.

Nik wrote: "Except for Fed Reserve , supposedly owned privately (not a good idea), I'm unaware of most other CBs being privately owned. Yes, usually (but not always) a collateral is worth more than a loan, so ..."

Hi Nik, there's a plausible scenario where the current system was built by multiple players simply optimising for system efficiency and their own wealth and safety.

There is no requirement for nefarious intent, however, the system as built does lend itself to being the object of a Bond villain's wet dream, or evocative of

"One ring to rule them all, one ring to find them, One ring to bring them all, and in the darkness bind them; In the Land of Mordor where the shadows lie."

That said, what this whole financial/legal system reminds me of is the nuclear weapon and military systems of the US/NATO and Soviet Union/Warsaw pact nations on the eve of the Cuban missile crisis. A single stray shot could be interpreted as an attack that leads to progressive engagement driven by pre-established plans resulting in REF: (Global Thermonuclear War (GTW)): https://www.youtube.com/watch?v=amMYV...

In this new scenario, a global financial crisis wipes out ownership of all assets for 99.999% of the population while concentrating all ownership into the remaining 0.001% of the population.

Resulting in the apotheosis of Monopoly Capitalism (winning the game through total concentration of ownership) and a global financial singularity at the same time.

A shift that could not hold society together - which then spins apart...

I suspect that the 0.001% probably get lynched in the ensuing chaos... so, like GTW, there are no winners.

Graeme wrote: "....I suspect that the 0.001% probably get lynched in the ensuing chaos......"

If they are edible they could become more meaningful :)
I share the feeling that the world might be on the precipice

Yeah, there are some no-win situations in the future... I'm looking for all the little things that a lowly person such as myself can do to push back against the nightmares.

If I had the means, I'd have a bunker and be stockpiling supplies and weapons to defend them. This seems like the smart thing to do if you can.

Graeme, what things can one do to push back? One vote isn't enough against the idiots in control, and I have my doubts about the integrity of electronic voting machines.

Still in the media: REF: https://usawatchdog.com/you-will-own-...

and picked up by RFK-Jr too: https://live.childrenshealthdefense.o...

Scout wrote: "If I had the means, I'd have a bunker and be stockpiling supplies and weapons to defend them. This seems like the smart thing to do if you can.

Graeme, what things can one do to push back? One vot..."

Hi Scout, this is an excellent question and my apologies for not responding sooner.

For me, the core issue is the 'lie,' within life.

Hence everything you might do that expresses authenticity is a pushback against the nefarious forces arrayed against modern civilization.

Be honest, be truthful, speak your mind, have integrity and follow words with deeds. Work on deepening your relationships with significant others. Build value with friends and family. Cultivate health and resiliance in the broadest sense of the word.

Our world is built more from the actions of many, then the actions of the few.

REF: Gandalf: https://www.youtube.com/watch?v=gBH_m...

That is my intention and the way I live day by day - not perfectly, but always giving it my best. A couple of quotes from the link you posted:

"Simple acts of kindness and love keep the darkness at bay." This is the way to be at peace despite external forces you can't control.

"Do not be afraid. If you should ever need my help, I will come." This is the precept of Christianity, which gives me strength.

I'll leave it there.

I suspect I am like most others - I have no idea how to defend against such a collapse. My first thought was that some sort of money has been necessary even as early as Sumer, so something will re-emerge but as some have noted, what you currently own may end up in the hands of very few

I recall accounts from my father and an uncle of life in the Great Depression and it wasn't pretty, but here the government forbade (after a few months of devastation) banks from foreclosing and bankrupting farms and certain productive enterprises. This had the effect of banks suddenly having skin in the game - if they wanted their money back the farms etc, had to end up profitable.

I suspect the problem now is we don't have politicians that are capable of acting in the nation's interest, as opposed to that of their big business donors. I just hope that thi8ngs can hang together for a few more years.