In Argentina, this situation will take years to correct. I think they are off to a good start but perhaps too aggressive. It's like when you go on a diet, it is unhealthy to lose too much weight at once or your body will start to consume itself. I f they inflict too much pain on the people in the process, it can get much worse than where they started.
It was good to re-read your post of Sept 1st, 2022 and be reminded of the excellent work that Niall Warry has been doing in keeping THA alive.
On ‘Non-Violent Protest’- (NVA).
"They [NVAs] need discipline, control, intelligence, good timing and the right strategy and tactics as with any military action/campaign."
As yet we have no strategy nor tactics, but then the people are still being fed and entertained (Bread and Circuses) I don't feel that the day is far away now, when they will no longer be able to afford either 'Bread' or 'Circuses', then, and only then, will they start to listen to an agendas such as THA. The uprising will start.
>>“The IMF (International Monetary Fund) is very satisfied with what we’re doing.”<<
As soon as I read that sentence, I knew the people are on track to getting hosed.
Second, writers such as yourself must stop conflating corruption with incompetence. These people are not incompetent. Or as someone smarter than I said, "This is too stupid to just be stupid."
Correct. Most politicians are controlled by the banksters. This is corruption, NOT incompetence.
Another flaw in the reasoning of the author is his self-identification as an "Austrian Economist" while simultaneously embracing Richard Werner's proof that banks create 100% of the money supply. The Austrians still believe and push the debunked "fractional reserve" and "money multiplier models" that pretends the following fallacies are true:
1) Banks only lend out money that exists in an account BEFORE the borrower arrives at the bank.
2) The Federal Reserve banks are agencies of government, and therefore government creates some of the money supply.
3) Banks do not create new money, but re-land the same money over and over.
In fact, private banks create the entire money supply, the twelve federal reserve banks are bank-owned corporations, and banks create new (digital) money with no need for prior reserves or deposits. The Austrians are 100% wrong on money creation!
"The politicians involved in waging this war appear to have no understanding of the impacts of their actions on the viability of the supply chains inside their economy. Power, fuel, water, and food disruptions could lead to a cascade of negative effects and feedback loops. Mass starvation may start to occur without strenuous support from external sources. If airports and power stations become inoperable, those last lines of support could be damaged beyond repair."
The so called "Palestinians" will never, ever get a state in Gaza, Judea and Samaria. They have completely blown chance after chance to do that. The nail in the coffin was October 7th. Israel's economy will rebound just fine. It could be delayed again by forcibly moving Hezbollah north of the Latani River. If so, the last remaining enemy would be then be Iran and they can be dealt with later. Israel has $200 billion in foreign reserves and they can buy plenty of food with that.
All this seems to be leading to the World Bank, IMF and other global organisations, gaining more and more power. When will the sale of UK assets start, I wonder?
So true GSE and I agree. Even in the 14rh century, they knew the truth:
"Nicole Oresme has been called the most brilliant scientist of the 14th century: mathematician, musicologist, physicist, philosopher, and economist. On top of that, he was a Bishop and a theologian. His writings on money bear much in common with Carl Menger.
Oresme's treatise on money, 'De Moneta', provides a detailed account of the function of money and the effects of inflation. And as Guido Hulsmann argues in ‘The Ethics of Money Production’, Oresme was the first theorist to present a fully worked out ethics of money, one that shows the sheer immorality of government monopoly over money and the social effects of debasement.
In this translation and commentary by Charles Johnson, published first in 1958, we gain new insight into this pre-Austrian thinker of the Middle Ages. Oresme anticipated Gresham's Law, argued that money is not the possession of the state, and made a detailed case that money belongs to the community and individuals primarily.
The text offers the additional advantage of printing the original Latin alongside the English so that the reader can compare. Having this book in print begins the process of restoring a high place for Oresme in the history of economic thought. [The De Moneta of Nicholas Oresme and English Mint Documents Nicole Oresme, translation: Paperback - 2009."
The Banksters have fooled the masses and they bought it!
In Argentina, this situation will take years to correct. I think they are off to a good start but perhaps too aggressive. It's like when you go on a diet, it is unhealthy to lose too much weight at once or your body will start to consume itself. I f they inflict too much pain on the people in the process, it can get much worse than where they started.
So true Bert - 'The People' have to assert their rights because it is only by their consent that these arseholes maintain control. We can remove our consent at any time if only the masses understand that they have the power to do so! https://austrianpeter.substack.com/p/the-financial-jigsaw-part-2-special-36e?utm_source=substack&utm_medium=email
And more: I wrote this in collaboration with my friend at a Swiss University: https://austrianpeter.substack.com/p/notes-and-thoughts-on-reading-an?s=w
Blessings
AP
There are definitely more of us than them if we can unite in not complying, it will be the end.
It was good to re-read your post of Sept 1st, 2022 and be reminded of the excellent work that Niall Warry has been doing in keeping THA alive.
On ‘Non-Violent Protest’- (NVA).
"They [NVAs] need discipline, control, intelligence, good timing and the right strategy and tactics as with any military action/campaign."
As yet we have no strategy nor tactics, but then the people are still being fed and entertained (Bread and Circuses) I don't feel that the day is far away now, when they will no longer be able to afford either 'Bread' or 'Circuses', then, and only then, will they start to listen to an agendas such as THA. The uprising will start.
>>“The IMF (International Monetary Fund) is very satisfied with what we’re doing.”<<
As soon as I read that sentence, I knew the people are on track to getting hosed.
Second, writers such as yourself must stop conflating corruption with incompetence. These people are not incompetent. Or as someone smarter than I said, "This is too stupid to just be stupid."
Correct. Most politicians are controlled by the banksters. This is corruption, NOT incompetence.
Another flaw in the reasoning of the author is his self-identification as an "Austrian Economist" while simultaneously embracing Richard Werner's proof that banks create 100% of the money supply. The Austrians still believe and push the debunked "fractional reserve" and "money multiplier models" that pretends the following fallacies are true:
1) Banks only lend out money that exists in an account BEFORE the borrower arrives at the bank.
2) The Federal Reserve banks are agencies of government, and therefore government creates some of the money supply.
3) Banks do not create new money, but re-land the same money over and over.
In fact, private banks create the entire money supply, the twelve federal reserve banks are bank-owned corporations, and banks create new (digital) money with no need for prior reserves or deposits. The Austrians are 100% wrong on money creation!
Proofs at: bank LIES dot ORG
Thank you for including the Richard Werner video! YES, private banks create all dollars! More proofs at bank LIES dot ORG
"The politicians involved in waging this war appear to have no understanding of the impacts of their actions on the viability of the supply chains inside their economy. Power, fuel, water, and food disruptions could lead to a cascade of negative effects and feedback loops. Mass starvation may start to occur without strenuous support from external sources. If airports and power stations become inoperable, those last lines of support could be damaged beyond repair."
The so called "Palestinians" will never, ever get a state in Gaza, Judea and Samaria. They have completely blown chance after chance to do that. The nail in the coffin was October 7th. Israel's economy will rebound just fine. It could be delayed again by forcibly moving Hezbollah north of the Latani River. If so, the last remaining enemy would be then be Iran and they can be dealt with later. Israel has $200 billion in foreign reserves and they can buy plenty of food with that.
All this seems to be leading to the World Bank, IMF and other global organisations, gaining more and more power. When will the sale of UK assets start, I wonder?
So true GSE and I agree. Even in the 14rh century, they knew the truth:
"Nicole Oresme has been called the most brilliant scientist of the 14th century: mathematician, musicologist, physicist, philosopher, and economist. On top of that, he was a Bishop and a theologian. His writings on money bear much in common with Carl Menger.
Oresme's treatise on money, 'De Moneta', provides a detailed account of the function of money and the effects of inflation. And as Guido Hulsmann argues in ‘The Ethics of Money Production’, Oresme was the first theorist to present a fully worked out ethics of money, one that shows the sheer immorality of government monopoly over money and the social effects of debasement.
In this translation and commentary by Charles Johnson, published first in 1958, we gain new insight into this pre-Austrian thinker of the Middle Ages. Oresme anticipated Gresham's Law, argued that money is not the possession of the state, and made a detailed case that money belongs to the community and individuals primarily.
The text offers the additional advantage of printing the original Latin alongside the English so that the reader can compare. Having this book in print begins the process of restoring a high place for Oresme in the history of economic thought. [The De Moneta of Nicholas Oresme and English Mint Documents Nicole Oresme, translation: Paperback - 2009."
The Banksters have fooled the masses and they bought it!
Blessings
AP