FIAT money. Always drops back to its intrinsic value: zero.

Money that has no bartering value attached by the market, but by politicians, is no money, but betrayal. Counterfeit money. And the fraud now gets exposed.

Only money in kind, commodity money, uncontrolled by state and governments, is money worth to be called "money".

And central banks? Are the meaniest manifestation of the organised finance mafia.

This ride we now see beginning, will become a brutal one. Because the stage is set to make it all a perfect storm.

I am not certain that we get through in one piece. Nor am I certain that I will.

They say its all short lasting, and compensation for reduced VAT during corona, and all that. I say: be prepared to see these effects not only lasting much longer than they want to make you believe, but to worsten significantly.

Be afraid. You have reason to be.

Beware those glorified ETFs. They soon will become the driving power behind more doom to come. Or has anyone seriously believed that if there is a years-long trend of excessively buying ETFs, this does not change the rules of the game?

My biggest concern is the state and the EU/ECB. Amongst all, the state and the EU/ECB are the worst of all my enemies. Against market turbulence, I could and have prepared. Against wanted criminal misdoings and brutal tyrannic acts by the state, I am powerless. The threat is not abstract, but material, and real.


Paper is patient. Dont trust it, in no format.

Germans in England received mail to drive trucks :o

https://www-faz-net.translate.goog/a...&_x_tr_pto=nui

Well, why not.

"At times it seems as if the British government is still in the middle of the Brexit campaign. Any problems are blamed on external enemies. Even calamities that were only caused or exacerbated by the exit from the EU are blamed on external powers, for example in the case of migration. It is true that there is a shortage of workers everywhere, because many EU citizens no longer want to work in Brexit Britain, but at the same time the government is busy preventing the arrival of migrants across the English Channel.

The tough interior minister, Priti Patel, has already thought about the most absurd plans to achieve this goal: one remembers her idea of ​​ using discarded oil platforms as prison islands for asylum seekers, or the proposal to use wave machines to bring boats back to France to force. Everything has been discarded, for obvious reasons. Two weeks ago, Patel came up with what she saw as the simplest solution: France should ensure that no more refugees came to the island. Whoever manages it anyway will be transported back to French waters by the British border guard. Of course, the French government has already indicated that Patel's latest plan is also a dead bullet."

https://www-freitag-de.translate.goo...&_x_tr_pto=nui

A wave machine to expel immigrants from the english shore.

"In a dossier labeled Brexit Opportunities , she announced that she would throw dozens of EU regulations that still have to be complied with overboard in order to make life easier for citizens and companies.
So it should soon be allowed again to put the so-called crown stamp on beer glasses. Motorists should also receive a digital driver's license. In addition, sellers are again allowed to indicate their goods in imperial units instead of struggling with the decimal system prescribed by the EU. In the future, fruit traders will be able to sell their strawberries in ounces again - provided, of course, that strawberries can be bought at all."

Operation cocksure :doh:

Fuel issues persist in south but 'over' elsewhere.

Which goes back to my point - it's not the institutions - it's the people running them.

Whenever someone says "they did this" or "I'm sorry, that's the policy of this institution/company" what they really mean is "someone or someones decided that this would be how they decide to do something, enact law, run this business."

We need to stop blaming nameless, faceless organizations, and start blaming and holding accountable those who run them.

A central bank was made to betray, so it is run by fraudsters. You have no point there. A centrla bank will always cheta and betray, sicne that is its key competence: FIAT currency is counterfeit money, is fraud. Always. No matter who is at the helm.



Idiots demanding that there shall be state-controlled paper-"money", and paper-"money", they form a hen-and-egg problem now. It now does not matter who was first.

Just it was a good low key educated opinion.

https://youtu.be/cEdKaEVNg3M

Good video. My estimation has been that it will take until christmas season NEXT year, if all goes well, before things will be somewhere around "normal" again. The video seems to aim at tbat timetable, too. But think things can go worse due to subsequent effects: muted demand due to exploding inflation, high energy prices etc.



Optimism is not justified. Only the attempt of preparing for anything as best as one can.

Who are the officers of that central bank??? *They* made decisions to cheat. Whether fiat currency, fractional banking, or trading in physical gold - cheaters gonna continue cheating unless they receive well-deserved punishment.

Governments. And not just in case of that one, but all central banks.

I recommend to study the history of the growing in significance of the Bank of England over the 18th century. It began at the end of the 17th century with the need by the crown to finance the payment of icreasing the fleet strength of the RN although the crown's finances did not allow that and laid in ruins. When during the Napoleonic wars the "bank of the banks", that achieved that status in several steps of institutional rise during the forgoing century, had eroded its material safeties to a degree that it ended up in a situation where it had mandated seven times more notes in circulation (imagine there are 7 chips handed out by the wardrobe, but there is only 1 coat...), parliament granted it the right to switch to cash-free finance businesses without need for mateiral value safeties.

The first paper money experiment however was run not by the British, but the Chinese, and already in the 12th century. One generation after that one kingdom where it took place had started the attempt, the kingdom was up in flames and broke apart in civil war, the state structures blown apart, and the economy having degenerated into total collapse. After that the Chinese did not touch paper moeny experiments again just until recent modern times.

Whether a medieval king reduces the content of silver in silver coins, or a government of the present has its central bank inflating paper currency - intention and effect both are identical: to gain real value by paying material substance and labour service with nothing. The securing of royal monopoly for minting, and the govenrment monopoly to control paper money and printing it exclusively, both are precondition for the committing of the crime: forging money. This serves the desire of politicians to bribe voters with more promise than what could be afforded and fulfilled, while pushing the paying of the bills for the escalating promises and briberies to a time beyond that politician's career end.

Again u don't get my point. So governments run central banks. Who runs government? It's not a supercomputer or AI robot. Government is staffed and run by people. Hold them accountable. *All* of them. If the president of a government appoints a group of cronies to run the central bank, then you punish not only his cronies, but him as well. You also punish the other people running that Central Bank involved in the decision-making even if they didn't partake of illegality - because they knew about it and did nothing to stop it.

The problem now is that the people running governments, corporations and other influential organizations are themselves all corrupt and all feeding at the same trough.

They all need to go. When they interfere in the ability to remove them at the ballot box (or they make it so that there is no ballot box), then they shouldn't be surprised when their citizens or subjects remove them at gunpoint.

And it isn't just presidents and CEOs. The guy appointed to run the state Liquor Commission who inhibits competition by alcohol companies wanting to sell their products in that state. The woman appointed to be in charge of the Department of Motor Vehicles that issues driver licenses that allows the people working there to not put customer service first. The city mayor that takes a bribe to allow one construction company to win a contract over their competitors. The college professor who teaches Marxist theory to impressionable students. The college students who engage in cancel culture and the people running entities that react to their demands instead of ignoring them. They *all* need to go.

Voting polticians out of office is NOT "holding them accountable". Its only to send them off the scvene of their cirme, while they can keep all the profits it earned them financially and socially. Liable they would be if they owuld need to cpnesate with their private property andf belongings, even their lives, for the damages they inked with their decisions.



It compares to catchign a bank robber and brignbing him to court (elections). There he is being told by the bank he robbed that he is not allowed into any of its offices and buildings anymore and will not be allwoed ot maintain a ban account. He can however keep the moeny he has stolen, and walk away as a free man. Thats a politician's "accountability".


And then there is the symbolic drama queen stuff. A politician needs to clean his reputation of abad or inc0ket5ent legacy ha casued. What doe she do? Well he has a copy of Harry Potter's almanach with magical spells, in there he looks up the spell that is the antidot against being held liable, it goes: " I hereby accept the potlical repsoinsibility", and abrakadabra, tatarataaa: "all rdepsinbility falls of his burdned shoulders, he must not bear any comensation, any respnsibility, he is lcean again and can wlak off and show up for office in some othe rpost as if nothiugn eve rhappened.


Has anyone noticved that even potlicians that got driven out of a post - as if by magic tend to pop up again, all their life long again and again, moving from one post to the next, because they all are so omnipotent, intellectual supermen?


Thats why I saY: "dont vote for them. Do not morally and oratically legitimise them. Do not trade away your moral right to criticise the, becasue if you yuthorize them to coimmit their cirmes of which you shoul.d know they do them, you have no morla righ tnamyore to crioticise them: because you knew they woudl do what they do when you authprozed them to do it." You become an accomplice by giving your vote.


Do not oby the state. Do no cooperate with the state. Do not help the state. Do not assist the state. Do not legitimise the state for anything voluntarily. Do not accept to sign the state a moral legitimation of any sorts. The state is not the "Vater", it is not your friend, it does not mean it well with you, it is not an equal contractor meetign you on same eye level, it manipulates its home-made rules to serve its ambitions and to submit you to them, it prevents you more and more from legally resisting to its claims for ever growing powers. The state is our worst enemy. Or in Nietzsche's words: "the states are the coldest of all monsters." All states are, "theirs" as well as "ours". Like economic markets have an inherent drive to form monopolies that consumers must prevent by making their consuming choices accordingly to boost competition and prevent monopolies, states have inherent drives to let bureaucracy grow like cancer and to monopolise ever more and more powers. Thats why ever y state, no matter what format and ideology it is founded on, always and inevitably leads to and ends in tyranny and dictatorship and total authoritarianism. Always.


All states on Earth must be brought to an end. All superregional governance must end. Service companies must take over, bound to regiuonal customers (former ciotiozens) by contracts that allows both sides to sue the other for compensation if it violates its contract duties. Law enforcvment must turn this way, too, both police-like service as well as jurisdictional adminstration.



What we have today instead, is nothing else but a continuation of millenia-old feudal structures that only have feudal lords and serfs, subject that are being owned and told they owe the lords obedience and their working force. Clever cosmetics are used to hide this, but thats the basic structure of our modern states, and I do not take neither Germany nor the United States as exceptions. They are not.

If everything goes smoothly and theres no further hold ups delays or shutdowns, the maritime sector could be back to normal by Q2 2022

Thats the rub: "If". But as I see it, a chain reaciton has started, bringing more and more components of the global logistics and consumption chain out of tact.


Normal availability may be possible againduring autumn next year. But at much higher price indices.



And that does not even calculate in energy costs frenzies and inflation.



We have left the comfort zone, forever. Tooth paste is not being pressed back into the tube. Gobalization and supply chains need to be chnaged, and dramatically.



All my fears of and criticism for total globalization have come true, it seems to me.

...nah...


..."its just the normal noises in the room"...




<O>

Can confirm schools in my area are suffering from severe shortages of food and utensils.

Our school has run out of chips, forks, and spoons, ranch dressing, napkins nearly, a bunch of other sides, and we aren't allowed to get seconds after our first helping.

My grandma is a lunch lady at a school in Lake County and she is saying the same thing. They can't serve breakfast items anymore because they can't get them, they have no meat for things like chicken nuggets and burgers, etc etc.

Honestly, my school may not shut down because of COVID but because of the fact that the school cannot provide lunch for their students!

The end product will be higher inflation and interest rates.

What an abject failure the Biden administration is in regards to this. When orangemanbad was in office, the initial shortages at the beginning of these pandemic were resolved within a few weeks.

This mumbling, stuttering waterhead in office now, along with his utterly incompetent West Wing tv show LARPer staff, have managed to destroy our entire economy in less than a year. Between unconstitutional demands that employers force workers to get a covid vaccine and paying lazy bums to not work, there will continue to be shortages as cargo ships bob at anchor, trucks/trains/airplanes remain without pilots/engineers/drivers, and thieves brazenly steal from store shelves in Dem-run cities that have decriminalized thievery.

Meanwhile Janet Yellen is doing her best Baghdad Bob impression while telling people not to panic about the shortages.

Im beginning to think it has a lot to do with the ‘tax the rich’ scheme. With most nation agreeing to a new minimum 15% global tax rate plan. Corporations will place that new burden square on the shoulders of the consumer. I betting inflation isn’t going any higher than the new tax rate.

Socialists gonna be socialist...

The utter stupidity of lawmakers who think that corporations are just gonna eat a tax increase. They'll either pass it along to they're customers, or employ new tax avoidance measures.

I'm interested to see how many corporations move their home to Kenya or Sri Lanka - or anywhere with a lower tax rate.