Tag Archives: fiat currency

NO, IT’S NOT YOUR IMAGINATION: YOUR REAL WAGES ARE GOING DOWN

Posted on June 17, 2014 by eggsistense

You know that cold dread that drops into the pit of your stomach when you check your balance and see that you’re down to your last few dollars and payday is still a week away? Too much month at the … Continue reading →

Posted in Crap-italism, Debt, Debt Slavery, Everything Is Rigged, Federal Reserve, Feudalism, fiat currency, Financial Terrorism, Paper terrorism, Price, Price-fixing, Redistribution, stock market, Wage slavery, Wages | Tagged bailout, BLS, Bureau of Labor Statistics, debt slavery, Everything Is Rigged, fascism, Federal Reserve, fiat currency, fraud, Goodwill, inflation, Jif, joe2, nominal wages, Prison Planet, real wages, S&P 500, StockCharts.com, Zero Hedge | 1 Comment

PART 2: WHAT “RECOVERY”? WHO CAN AFFORD ANYTHING?

Posted on June 5, 2014 by eggsistense

Who can afford anything? Not many people, it seems. As noted in yesterday’s post, half of America cannot afford the house they are “buying,” while at the same time rents are skyrocketing, with the number of people who pay half … Continue reading →

Posted in "supply and demand", class war, Crap-italism, Debt, Debt Slavery, Everything Is Rigged, Federal Reserve, Feudalism, fiat currency, Financial Terrorism, Financialization, Paper terrorism, Price, Price-fixing, QE unlimited, Redistribution, Reverse socialism, Too big to fail, Wage slavery, Wages, Wealth transfer | Tagged bailout, BLS, debt slavery, Everything Is Rigged, Federal Reserve, fiat currency, foodstuffs, inflation, promissory note, QE, The Economist, wage slavery, Zero Hedge | 2 Comments

BANK RUN IN THAILAND–CAN’T HAPPEN HERE, BECAUSE…AMERICA?

Posted on February 18, 2014 by eggsistense

From Zero Hedge: “Thailand’s Government Savings Bank (GSB) president admitted that clients withdrew 30bn Baht (around $1bn) in a single-day last week and Bank for Agriculture and Agricultural Cooperatives (BAAC) and Krungthai Bank (KTB), although of a much smaller magnitude, … Continue reading →

Posted in bank run, fiat currency | Tagged Bangkok Post, bank run, fiat currency, Gerald Celente, Thailand, Zero Hedge | 1 Comment

YOUR MONEY IS WORTHLESS BY DESIGN

Posted on February 13, 2014 by eggsistense

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 | 3 Comments

IF WE’RE GONNA HAVE FREE MARKET WAGES, CAN WE AT LEAST HAVE A FREE MARKET?

Posted on December 12, 2013 by eggsistense

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

HEDGE FUND MANAGER SOUNDS JUST LIKE THE POPE!

Posted on November 29, 2013 by eggsistense

PolicyMic posted an article with the following headline: “Pope Francis Denounces Capitalism, But Is He Right?” Short answer: absolutely (dude is infallible, after all)–especially since renowned hedge fund manager Stanley Druckenmiller essentially agrees with the Pope, as we shall see … Continue reading →

Posted in Asset Bubble, Debt Slavery, Federal Reserve, Financial Terrorism, QE unlimited, Redistribution, Reverse socialism, Too big to fail | Tagged debt slavery, Federal Reserve, fiat currency, Financial Terrorism, QE unlimited, redistribution, Rentier, Reverse socialism, too big to fail | Leave a comment

POPE: “Money must serve, not rule”

Posted on November 27, 2013 by eggsistense

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 →

Posted in class war, Debt, Debt Slavery, fiat currency, Financial Terrorism, Price, Wages, ZIRP | Tagged apostolic exhortation, Catholic church, Federal Reserve, fiat currency, interest, interest rate apartheid, L. Randall Wray, Max Keiser, out of thin air, Pope Francis, usury, ZIRP | Leave a comment

BLACK FRIDAY: IS NOTHING SACRED?

Posted on November 26, 2013 by eggsistense

What? Prices at retail are rigged, too? Even on Black Friday, that most holy of all shopping days? Heaven forfend! Yes, turns out it’s not just the price of oil, financial products, gold, etc. that are outright rigged or at … Continue reading →

Posted in "supply and demand", Debt, fiat currency, Price, Price-fixing | Tagged Bretton Woods, Everything Is Rigged, fiat currency, ISDAfix, JC Penney, LIBOR, LIBOR rigging, Minutemen, Nixon Shock, price-fixing, prices, Shit From An Old Notebook, Strawberry Fields, supply and demand, Wall Street Journal | Leave a comment

HOW TO WIN THE CLASS WAR WITHOUT FIRING A SHOT

Posted on October 21, 2013 by eggsistense

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 | Leave a comment