Category Archives: self-issued currency
INSTEAD OF BANNING CASH, GO TO SELF-ISSUED CURRENCY
Apparently Kenneth Rogoff doesn’t think the banks and their kept governments have enough ways to screw us all over, so he is proposing a ban on cash: “Has the time come to consider phasing out anonymous paper currency, starting with … Continue reading
Posted in Asset Bubble, Conspiracy, Crap-italism, Debt, Debt Slavery, Everything Is Rigged, Federal Reserve, fiat currency, Financial Terrorism, Financialization, Nixon Shock, QE unlimited, self-issued currency, Wages, Wealth transfer
Tagged Bank of England, cash, cashless society, debt, debt slavery, endogenous money, Federal Reserve, Financial Times, Harvard, inflation, Kenneth Rogoff, money is fictional, pre-existing money, promissory note, reserves, self-issued currency
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NOT NEGATIVE, JUST TRUE: “EXPENSES SOAR, WAGES STALL”
A few days ago, the website of The Washington Post ran a story with this headline–“Happy Days No More: Middle-class families squeezed as expenses soar, wages stall.” No shit, Sherlock. The article tells us the following: “Wages for millions of … Continue reading
Posted in Asset Bubble, class war, Debt, Debt Slavery, Everything Is Rigged, Federal Reserve, Feudalism, fiat currency, Financialization, Nixon Shock, self-issued currency, stock market, Wage slavery, Wages, Wealth transfer
Tagged 000 Years, 1971, 1987, Bank of England, Black Monday, Charles Hugh Smith, David Graeber, debt, Debt: The First 5, financialization, Happy Days, inflation, median household income, middle class, Nixon Shock, Of Two Minds, Ronald Reagan, S&L Crisis, self-issued currency, The Air Standard, Washington Post
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PEOPLE CATCHING ON TO BANK FRAUD–OR JUST BROKE?
Black Knight (formerly LPS, the peddlers of fraudulent mortgage documents) reveals that according to its calculations, mortgage originations are at their lowest level ever. Here’s the Zero Hedge summary of the data: New mortgage originations fell over 23% month-over-month and … Continue reading
Posted in Asset Bubble, Conspiracy, Debt, Debt Slavery, Everything Is Rigged, fiat currency, Financial Terrorism, Foreclosure fraud, Price, Redistribution, Reverse socialism, self-issued currency
Tagged Bank of England, Black Knight, credit score, David Graeber, DocX, fictional money, foreclosure fraud, LPS, mortgage origination, underemployment, unemployment, Zero Hedge
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$200 TO SETTLE $10K? OPEN THE “SECONDARY DEBT MARKET” TO THE PUBLIC AND FIX THE ECONOMY!
So the Rolling Jubilee continues! Right on! It’s a great idea, but one wonders, why can’t we all be given the option to do this ourselves? That is, why can’t we buy our own bad debts and thereby extinguish them? … Continue reading
HOW TO WIN THE CLASS WAR WITHOUT FIRING A SHOT
Brilliant, dead-on analysis of the current state of play on the chessboard we call life by Chris Hedges at Truthdig–“Let’s Get This Class War Started“: “For every dollar that the wealthiest 0.1 percent amassed in 1980 they had an additional … Continue reading
Posted in class war, Debt, Debt Slavery, fiat currency, Financial Terrorism, self-issued currency
Tagged A Bug's Life, Chris Hedges, class war, control, fascism, Federal Reserve, fiat currency, intrinsic value, oligarchy, purchasing power, self-issued currency, The Air Standard, Truthdig
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LIBERTY ROAD MEDIA 