Category Archives: Wages
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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PROFITS VS. OBSCENITY: MCDONALD’S EDITION
So I posted this meme on my FB page today: I made the following comment on the post: “And this is what it all comes down to–there’s profit, and then there’s obscenity. These multinationals want obscenity. We’re saying, ‘No obscenity … Continue reading
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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MAY DAY 2014: WORKING MEN SHOULD BE PISSED
So it’s International Worker’s Day…to paraphrase D. Boon from the video above, I’ll put it in simple words why working men (and women) are (or should be) pissed… 1. Banks got bailed out by workers while banks continue to prey … Continue reading
Posted in Debt Slavery, Everything Is Rigged, Federal Reserve, fiat currency, Financial Terrorism, Foreclosure fraud, Keiser Report, Living Lies, minimum wage, QE unlimited, Redistribution, Rentier, Reverse socialism, Tax, Wage slavery, Wages, Wealth transfer
Tagged D. Boon, food stamps, foreclosure fraud, International Worker's Day, labor, May Day, middle class, Minutemen, money out of thin air, QE, quantitative easing, taxes, The Economist, wages, Washington Post, workers, working poor
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DEBT BY DESIGN: “IT’S IMPOSSIBLE TO WORK YOUR WAY THROUGH COLLEGE NOW…”
And that’s the point of all these bubbles, and QE, and ZIRP, and inflation– it forces you to finance what you could once buy outright through working. This is the true end game of the “Nixon Shock,” petrodollar, credit bubbles, etc. … Continue reading
Posted in "supply and demand", Debt, Debt Slavery, fiat currency, Financial Terrorism, petrodollar, Redistribution, Rent-seeking, Rentier, Wages, Wealth transfer
Tagged 1971, bubble, college, financialization, Michigan State, minimum wage, Nixon Shock, rent-seeking, student loans, work
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WHY DOES EVERYTHING COST SO MUCH? SCHIFF EXPLAINS
The simple answer is, of course, inflation. The powers that be are trying to convince us that inflation is a good thing, a healthy thing, as Peter Schiff notes here: “It is no accident that the concept of ‘inflation’ has … Continue reading
Posted in "supply and demand", Asset Bubble, class war, Debt, Debt Slavery, Everything Is Rigged, Federal Reserve, fiat currency, Iran, minimum wage, Price, Price-fixing, QE unlimited, Redistribution, Uncategorized, Wage slavery, Wages, Wealth transfer, ZIRP
Tagged Federal Reserve, fictional money, inflation, Michael Hudson, minimum wage, Peter Schiff, purchasing power, QE, ZIRP
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YOUR MONEY IS WORTHLESS BY DESIGN
As usual, Max Keiser’s show is always worth watching. This time, it’s for something his guest–Simon Rose of Save Our Savers said almost offhandedly toward the end of the show (23:57 mark): “It’s like being in The Matrix. You know, … Continue reading
Posted in Debt, Debt Slavery, Everything Is Rigged, fiat currency, Financial Terrorism, Keiser Report, Price, Price-fixing, Redistribution, Rent-seeking, Rentier, Reverse socialism, Wage slavery, Wages, Wealth transfer
Tagged deflation, fiat currency, inflation, Max Keiser, rent-seeking, Rentier, Save our Savers, Simon Rose
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IF WE’RE GONNA HAVE FREE MARKET WAGES, CAN WE AT LEAST HAVE A FREE MARKET?
Because currently, we do not have anything approaching a free market. A free market would not have bailouts, bail-ins, subsidies, licensure requirements, exemptions from regulations as size increases, QE, ZIRP, rigged prices, etc. Libertarians often say that a minimum wage … Continue reading
Posted in Debt Slavery, fiat currency, Rentier, Wage slavery, Wages
Tagged bail-in, bailout, fiat currency, Frederick Douglass, free market, libertarian, minimum wage, QE, subsidy, wage slavery, ZIRP
5 Comments
POPE: “Money must serve, not rule”
So it turns out the new Pope is just like me, but infallible! Or at least he thinks like me when it comes to money issues. I read parts of his latest exhortation, and I was overjoyed to hear his … Continue reading
THE BANK VS. YOU: ASYMMETRICAL WARFARE
Rarely does one hear the financial terrorism of the banks distilled with such clarity into a single paragraph… Max Keiser (begins at 17:42): If we look at the recent history of these financial predators going back 5 or 6 years, … Continue reading
Posted in Asset Bubble, Debt, Debt Slavery, Financial Terrorism, Foreclosure, Keiser Report, Rent-seeking, Rentier, Wages, ZIRP
Tagged debt slavery, foreclosure, fraud, Goldman Sachs, homeowners, Max Keiser, Michael Hudson, predatory lending, QE, rent-seeking, rentiers, risk, ZIRP
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LIBERTY ROAD MEDIA 