Tag Archives: The Air Standard

THE END OF CHEAP LABOR AND CHEAP CREDIT—WHAT NEXT?

So I agree with the overall premise of this David Stockman article: cheap labor in the East allowed cheap credit to proliferate in the West: “It was the two-decades-long flow of quasi-slave labor into the export factories of east China … Continue reading

Posted in Crap-italism, Debt Slavery, Everything Is Rigged, Feudalism, fiat currency, Financialization, freedom, Rent-seeking, Rentier, self-issued currency, Wage slavery, Wealth transfer | Tagged , , , , , , , , , , | Leave a comment

BANKS PUT ALL RISK ON US, THEN TAKE ALL THE REWARD AND PRETEND THAT IS CAPITALISM

We all know that all fiat money, such as the U.S. dollar, is created out of thin air not by banks but by the people and only has value because said people ultimately have “faith” in it.  This is uncontroversial … Continue reading

Posted in Conspiracy, Crap-italism, Debt Slavery, Everything Is Rigged, Federal Reserve, fiat currency, Financial Terrorism, Financialization, Redistribution, Reverse socialism, self-issued currency, Too big to fail, Wealth transfer | Tagged , , , , , , , , , , , , , , , | Leave a comment

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 , , , , , , , , , , , , , , , , , , , , | Leave a comment

WAR IS A RACKET TO PROP UP DOLLAR–END OF STORY

War is a racket. Money is fictional. These two statements explain all wars, of course, but particularly the adventures of the western powers in the Middle East in the last 2+ decades.  The first statement was spoken by Maj. Gen. … Continue reading

Posted in Antiwar, China, Conspiracy, Debt, Debt Slavery, Everything Is Rigged, Federal Reserve, Iran, Middle East, petrodollar, QE unlimited, Russia, Uncategorized, War Is A Racket | Tagged , , , , , , , , , , , , , | Leave a comment

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 , , , , , , , , , , , , | Leave a comment