Thursday, October 15, 2009

disposable dollar

DISPOSABLE DOLLAR
Another quick note on the “new” article lengths. I went back and did a bit more in depth research and found to my titillation that I had been averaging 25-27 thousand words a month, not just 20. So I’ve officially surpassed a million words in the last three years. I included the forthcoming post apocalypse movie review book that will, if all the gods smile down upon me and the post office doesn’t withhold this weekends DVD’s, be done sometime next week. After a million words I’m burned out. I don’t want to quit, so I’m taking a break here by writing less each day. I’m sure eventually I’ll get back into it and spout too much drivel each day, but for now I need to slow it down. Here’s a joke, I don’t know if you’ve already heard it. Obammy is in a school, talking to kids about Great Tragedies. He asks for an example. One child says a bus wreck killing kids is a tragedy. Obammy says, no, that is an Accident. Another says terrorists attack a city. No, that is a Great Loss. A third says the Prez and his wife getting shot down over Afganistan would be a Great Tragedy. Obammy asks why he thinks so. Because, says the kid, it certainly wouldn’t be an Accident and also no Great Loss.
*
Citizens of empires are usually well indoctrinated. Part of that is that they have only known the system they grew up in. Part is that subconsciously we always agree with what puts food on our table. A small part is public propaganda. But I think the biggest factor is that people can justify any bad behavior as long as they benefit. We invade the same country the evil Soviet Union did thirty years ago, and we are the good guys. We give a Nobel peace prize to the guy wanting to put more boots on the ground. Hey, I have no problem invading others and stealing their stuff. I just hate that so many idiots put lipstick on the pig and call her a beauty queen. But let’s not get too sidetracked. Here is an example how believing your own propaganda is dangerous. Part of the whole, We Are Great, We Are Good, We Deserve Victory Parades Down Our Invasion Route thing we have going means we have bought into the Super Duper Greatness of our currency. You say you haven’t, but does the following argument sound familiar?
*
Foreigners hold a Gabizillion dollars in our debt. Therefore, they would never dis on the dollar and stop using it as the default world currency, especially to buy oil. To bolster their argument, they point out all the fluff over the last ten years about threats to pull away from the dollar. It has always been thus, and thus it shall ever be. Sound like empires from the past that failed? All the arguments for the dollar assume the future is the past. In the past, we had energy surplus, and the dollar was treated like gold. Now, we have declining energy. All bets are off, everything will change. One certainty is that soon the dollar will not be accepted for oil. Why? All currencies are worthless toilet paper, so why stop taking the dollar? Simply, in a world of energy decline, the biggest user must be inched out to provide the other users more oil to stretch out the supply. The US uses a quarter of the production. That extra oil will stretch out everyone else’s energy supply if we can’t have it. They actually know how to produce something besides lawyer services and retail space, and with a lot less energy.
*
Up to now, the world’s policeman has secured the oil for himself and provided relative security for others. But foreigners, unlike our own citizens, can see the death spiral of the dollar jeopardizing our military and the decline in oil making a switch inevitable. I think it will happen sooner than you would all wish for. It isn’t about who’s TP is more valuable, it’s about the oil supply.
END
Panic now, then buy my crap with your near worthless money www.bisonpress.com

4 comments:

Anonymous said...

I would like to buy your "crap", but I would hate to burden you with worthless paper.

James m Dakin said...

You're right, it would be a burden. Send silver.

wolfe said...

"Citizens of empires are usually well indoctrinated. Part of that is thatthey have only known the system they grew up in. Part is that subconsciously we alwaysagree with what puts food on our table. A small part is public propaganda. But I think thebiggest factor is that people can justify any bad behavior as long as they benefit."

Added to my random quotes with link you. Very Good.

Wolfe
www.wolfeblog.net

MUKWAH said...

I continue to be amazed at how blind most of society is to what is about to be dumped upon them. Sheeple is a more than adequate descriptive.

Bernake of the Fed Res is in the midst of a real crisis he isn't capable of solving. At this time the dollar accounts for only 37% of the Central Bank's reserves the remaining 63% is held in euros and the yen.
The Fed Res has two major problems hitting at once, run away inflation and a deepening recession. Watch for a steep peak in interest rates which will strangle the struggling American economy. The only other choice is to keep the Fed Res interest rates very low and print tons of paper. The spin off from this could be a real inflation rate in the triple digits. The stimulus package is quickly proving to be a toxic cure.

The current economic spike is proving to be nothing more that a blip created by 'phantom money printed out of thin air backed by nothing'. Add to this the expected crop failures in the mid west and west (and perhaps globally) and the current water crisis expanded and there is real, very real problems here in Fortress North America.

Open your eyes and start thinking for yourselves. Look at Detroit. It is a prefiguring of the rest of our culture. Get gold and silver; get real skills and practise them with your family, your grandchildren will bless you for it one day.

Check out Gerald Celente at TrendsResearch.com

Respectfully

Mukwah