Why Deflation Will Defeat the Fed

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  • John Jay Jun 4, 2019 @ 18:59

    Pan,

    I think whether or not you choose to shuffle off this mortal coil is your business.
    The key point I made to keep clearly in mind is….
    “Every man for himself now, make all you can while you can!”
    If you have the money you can live in your own little world, from a gated community in Greenwich, to 700 acres of woods in rural Alabama with a real nice cabin.
    One of each would be the best course of action in my opinion, I am familiar with both areas.
    Live your life anyway you want!
    Don’t let me influence your decisions.

  • Pan Jun 4, 2019 @ 11:51

    Dear John,
    Just a quick question if I may? do you think we should all slit our wrists now, you know like tonight after a few whiskeys, or at least wait a little while to see how it all pans out?

    Personally I’m going to opt for the latter, because if Rick’s right and we do see a deep recession, then I really wouldn’t want to miss it.

    Right now I think there’s no better way to burn off all the suffocating dead wood in this world. And as we all know, after a good throw up and the return of reality (which btw always prevails) lo and behold! ….. fresh organic growth really, truly, genuinely … DOES return : )

  • none Jun 4, 2019 @ 8:56

    Money as Debt I – Revised Edition 2009 (Full Movie)

    https://www.youtube.com/watch?v=2nBPN-MKefA

    Money = Confidence

    Once ‘Confidence’ is lost so is the value to which ‘valued your money’.

    Ways which a society loses its confidence towards valuing their money are:

    1) The changing of societies moral compass.

    2) Propaganda towards or away from what ‘trend of thinking’ is in place at the time.

    3) Lost of respect towards those leading major organizations, such as companies and governments, this leads to a trickling downward affect of thinking throughout all of society.

    What is a ‘consent’ is the changing human behavior pattern throughout history, as to why things always stay the same.

    Have a great day Rick.

  • John Jay Jun 3, 2019 @ 23:25

    Rick, you and I have debated this issue many times.
    Looking at the rapidly increasing defiance of the rule of law, from the street poopers in San Francisco, to the Deep State operatives in DC, and now the mob mentality of the 2020 Democratic line up……. I see a political solution in our future. A solution that will mirror, in a distorted way, the Romanov, Manchu, Hapsburg, and perhaps even the bush league Ceausescu end.

    The authority of the US Federal government is being challenged in ways not seen since 1860.
    Harboring illegal aliens, which has always been a felony under US Federal statutes is now the official policy of an increasing number of State and local governments, and the Feds have lost control to regional mobs.

    When Deep South governors Wallace and Faubus defied Supreme Court orders to de-segregate, Ike and JFK both sent in troops real fast to enforce the law.
    Now, that defiance is increasing to the point where 15 States have decided to ditch the electoral college and order their electors to vote for the winner of the popular vote no matter who won the Presidential election in their State or what the Racist Constitution mandates.

    Democrat 2020 hopefuls suggesting that pro bono Medicare to all comers, illegal aliens included is not workable, are booed off the stage.
    We are rapidly approaching a complete break with law and order, Cities and States have already decided not to bother with property crimes of under $1000, there is not enough room in the jails or even the Courts to prosecute criminals
    Democrats admitting impeaching Trump is a political, and not a criminal process.
    Because after Obama, it was obviously “Hillary’s Turn!”

    There are many possible solutions to this social and economic mess.

    Yours is massive deflation, mine is to Romanov the .001% who own everything, including the trillions in derivatives.
    We may both be wrong, the solution may be something like our Civil War or the Russian revolution, with death, destruction, famine, and disease never seen in this country.

    From my own experience, I have never seen so many people ignoring red lights and stop signs, or leading the police on a high speed chase only to shoot it out when cornered.
    Burger King get your order wrong? Kill the manger or window staffer!
    Parents slaughtering their families and vice versa.

    A sickly, mentally and physically ill populace that are all on one drug or another resulting in a situation where health care is almost 25% of our economy. Not to mention bankrupt States constantly doubling down on increasingly confiscation levels of taxation, driving off the last few honest, productive members of society.
    An education system that even at the Ivory League level, is now equal parts, Cargo Cult, Commissar Camp and Buffet for Pedophiles.

    So, you and I are both very likely wrong, and are vastly underestimating the consequences of a violent Idiocracy seizing power here.
    To myself, it is beginning to look what follows this mess will be 100 times worse.
    Every man for himself now, make all you can, while you can!
    The AOC type mob rule is, in the long run in the USA, unstoppable!
    Joe Stalin and his “Death solves all problems, no man, no problem”, looks like
    a better bet than either of our predictions, now doesn’t it!

    PS:
    I forgot to mention the Bolton option, “Nuclear combat, toe to toe with the Rooskies!”

    Probably the best outcome, over in now only 30 hyper-sonic minutes!
    https://tinyurl.com/y5548ads
    “No way out, no way out”
    https://tinyurl.com/y6mrofqh