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#18 |
Soaring
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The two most likely possible outcomes are a state-enforced debt-based currency in a fully planned economy like we have seen in the Warsaw Pact states - this will happen if the elites are strong enough to enforce the submission of the crowds; else there will be a currency reform, which is the euphemistic term for expropriating most of the possessing people, hyperinflation, a massive depression - collapse, in other words. I would wish that after that they would return to an equivalent to the gold standard, some substantial form of real, of commodity money, but history tells us that the same mistakes are repeated again and again, and even more easily so if the crowds are being told sweet lies - leading them on the path towards paper money again. And without paper money, neither plutocratic elites nor democratic politicians can exist, so they definitely have no interest to return to a gold standard. As a matter of fact it was for the selfishness of these antisocial parasites that they destroyed the gold standard and turned things to paper money. And that was not just the end of Bretton Woods, or the time of WWI - that was already a motive in the American Civil War.
A lot of things need to be changed, not just economically and financially. Talking about nothing else but reorganizing the whole cultural and communal forms of living, communal organizing and administrating. What is needed is a totally different world, nothing less. That's why I am extremely pessimistic that we or the next coming two generations will really go that way. I think they will just repeat the same old patterns and schemes that we just see collapsing. There is nothing new under the sun - except what has been forgotten. - Santayana
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