| Skybird |
02-04-14 07:37 AM |
As long as politicians are allowed to have their hands on the money printer, it all will constantly become worse, because more delaying time can only be had at the cost of getting an even greater burst at the end. and that end will come one day. Delaying is not avoiding. Until then politicians, to save their skins, will do any lie and dirty trick and manipoulation and damage and crime they can in order to push the pay day beyond the end of their career time.
Politicians allowed to print money/introduce paper money/found central banks, are the killing knife stab in the back of any idea about a functional society, big or small. Keep politicians and money separate, at all cost. Shoot every politician trying to gain control of the money. Because if you let him get away with it, he destroys the fundaments of civilised society.
Every playing child counting its candies knows that it cannot consume itself rich, but can only become rich by saving them. Economic investments done on the basis of credits, are not producing wealth that could last, but they build illusions of "being rich". Only investments of previous savings can achieve lasting wealth that grows in the long run. Any other claim - is a cheat, a trick, a lie. Yes you can blow up m,onumental illusions and deceptive facades: and end up with Facxebook producing nothign, but nevertheless beeing hoeplessly overrated a thousand times. Imagine a world where the curerency would not be meaningless leaves of paper, but gold or silver: and Facebook would just be a minor company of very limited monetarian value. When judgement day comes and debt and paper currencies of today collapse, all those incredibly clever people holding shares of companies like this, will experience a very hard and brutal wake-up to reality. They will own shares of a company that produces nothing of value. And a share of nothing is - nothing.
That was illustrated and proven by wise minds already 50, 60, 70 years ago. The reaction of politicians: total ignorance of the unwelcomed news, and a total turning towards Keynes instead, the high priest of illusions supporting the dream of an everlasting party.
But last time I passed the kitchen door, the smell from undone washing-up and rotting mold already threw me to the floor and almost killed me.
Keynes, no matter how irresponsible and narcissistic he was, knew very well that his theory - if one dares to call this loose collection of confused ideas and absurd imaginations a theory: I do not, for sure - could not work. His reply to the question of how it all will end in his system, became legendary: "In the end we're all dead." And it were no biologic facts he referred to.
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