Category Archives: Rentier
Socialism scare more accurately aimed at capitalism
It’s hilarious when the capitalists try to fearmonger over trying something that might actually help people. Socialism leads to “complete economic calamity?” Isn’t that what capitalism did in 2008? And 1987? And 1971? And 1929? And is about to do … Continue reading
Posted in Asset Bubble, class war, Crap-italism, fiat currency, Financial Terrorism, Financialization, Liberty Road, Master Narrative, Nixon Shock, Rent-seeking, Rentier, Securities, socialism, Uncategorized, Wealth transfer
Tagged capitalism, Donald Trump, economics, fearmongering, late capitalism, Marc Faber, Michael Hudson, recession, Reverse socialism, socialism, Zero Hedge
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Capitalism–or “Bank-ism?”
The problem with capitalism is the same thing that is touted as its virtue. Namely, one of capitalism’s animating doctrines is that a worker can work hard and make more money as time goes on, and this is how the … Continue reading
“Capitalism”=Oligarchy/Feudalism on Steroids
Great post at More Crows Than Eagles called “Unnecessariat”–heavy stuff, all about the effects of supposed “capitalism” which is actually an oligarchy (feudalism?) on steroids which is by, of, and for the rentier class: “If there’s no economic plan for … Continue reading
Posted in Crap-italism, Debt Slavery, Feudalism, homeless, Profiles In Resistance, Redistribution, Rent-seeking, Rentier, Reverse socialism, socialism, Tyranny, Wealth transfer
Tagged capitalism, feudalism, More Crows Than Eagles, oligarchy, rent-seeking, Rentier, Scott Sorensen, Unnecessariat
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The Blouses That Destroy Economies: The Insane Quest for Cheap Labor
So this is the end game of capitalism—the pool of cheap labor being drained by an insane quest for profit at the expense of people. Retailers like Walmart realize that their customer base has no money to spend because America … Continue reading
Posted in Crap-italism, minimum wage, Rentier, Wage slavery
Tagged Africa, Asia, capitalism, capitalism without capital, China, Ethiopia, inflation, J.C. Penney, Kenya, Levi Strauss, offshoring, PVH, VF, wages, Wall Street Journal, Walmart, William S. Simon
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Why Is All Money Ultimately Fake? Economist Steve Keen Explains. Time to Break Your Conditioning.
In a post-Oxi appearance on the Keiser Report (episode #780), noted economist Steve Keen spoke about the Greek economic situation specifically, then about the nature of debt generally, and in so doing perfectly encapsulated what I recently have been chastised … Continue reading
Posted in Conspiracy, Crap-italism, Debt Slavery, Everything Is Rigged, Federal Reserve, fiat currency, Financial Terrorism, Financialization, Keiser Report, Nixon Shock, Rentier, Reverse socialism, self-issued currency, Tyranny, Wage slavery, Wealth transfer
Tagged bank, European Central Bank, Federal Reserve, Greece, Greeks, Keiser Report, loan, Max Keiser, money is a concept, money is fake, money is fictional, money out of nothing, self-issued currency, Stacy Herbert, Steve Keen
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All Debt Is Odious: Greek Report Gets It Mostly Right
Grexit on, Grexit off…Grexit on, Grexit off…that’s been the story for a while now, but could a new report by the Debt Truth Committee of the Hellenic Parliament which declares that Greece’s debt to the Troika is odious flip the … Continue reading
Posted in Conspiracy, Crap-italism, Debt, Debt Slavery, Everything Is Rigged, fiat currency, Financial Terrorism, Financialization, Redistribution, Rent-seeking, Rentier, Reverse socialism, Tyranny, Wealth transfer
Tagged fiat currency, GIABO, Greece, Grexit, Hellenic Parliament, money out of thin air, odious debt, Troika, Truth Committee on Public Debt
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Money Is Fake—People Are Waking Up
A great article from Charles Hugh Smith appeared on Zero Hedge today. It’s titled “The Changing World Of Work 2: Financialization = Insecurity,” which perfectly encapsulates the entire problem faced by society. That is, financialization is the enemy of the … Continue reading
Posted in Confederacy, Crap-italism, Everything Is Rigged, Federal Reserve, fiat currency, Financialization, Redistribution, Rent-seeking, Rentier, Reverse socialism, self-issued currency, Tyranny
Tagged Bank of England, Charles Hugh Smith, deposits, Federal Reserve, financialization, loan, Modern Money Mechanics, money is fake, money out of thin air, self-issued currency, textbooks, Zero Hedge
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TODAY, JAZZ—TOMORROW, REVOLUTION?
I had no idea before I clicked over to his page, but it was no surprise to find out that a person who was participating in the same Facebook conversation that I was and had come to the same conclusions … Continue reading
Posted in Crap-italism, Debt Slavery, Everything Is Rigged, Federal Reserve, fiat currency, Financialization, Redistribution, Rent-seeking, Rentier, Reverse socialism, self-issued currency, Wage slavery
Tagged fiat currency, jazz, Miles Davis, revolution, Robert Fripp, self-issued currency, The Financial System
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SELF-ISSUED CURRENCY: THE WAY OUT OF DEBT SLAVERY
Check out this extremely relevant and important article from Washington’s Blog: 9 Mind-Blowing Facts About Money. It is a great primer for those not familiar with fiat currency and the fact that modern currency is, without question, created out … Continue reading
Posted in Crap-italism, Debt, Debt Slavery, Everything Is Rigged, Federal Reserve, fiat currency, Financialization, Nixon Shock, Redistribution, Rent-seeking, Rentier, Reverse socialism, self-issued currency, Wage slavery, Wages
Tagged banking, central banking, China, credit, dollars, Federal Reserve, fiat currency, fractional reserve banking, salt currency, self-issued currency, Washington's Blog
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LIBERTY ROAD MEDIA 