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Showing posts from 2017

Breakaway to Freer Living

I visited the Colonial Williamsburg VA USA living village again to study how colonies were originally set up and it became glaringly obvious that they were set up as hierarchies to funnel the Human Productive Surplus up to the government elites. That is still true today. You would think that the govt would work to make life simpler for us the productive class of citizens, but it is just the opposite. Bankers lobby to impose a for-profit check clearing system and private money creation system on us so they can manipulate the business cycle for their profit. Lawyers lobby to impose a convoluted legal system on us where signed fixed contract terms are merely negotiating points in a dispute. Insurance companies lobby to place a human bond CUSIP number on us at birth. Accountants lobby to impose dense tax laws on us like an arbitrary 39.5 year economic life on commercial structures for calculating depreciation. Arms Builders lobby the govt to invade other countries and waste resources.

Currencies for Space

People are getting tired of the SWIFT skimming operation on their purchases and sales. Bitcoin started out the year at US$800 and it hit 2100 today. Ethereum started the year at US$10 and just hit 146. Cryptocurrencies go up and down even more severely than manipulated US$ (private unbacked tender offers) and probably only three or four of them will survive the coming 2020 shake out. On the US Wild West frontier in the 1800's every little private bank printed up their own paper fiat money and this great expansion of dubious credit helped to finance the rapid build up of the West. Bad money tended to push out good money as most people kept their most sound currencies at home buried outside in a can. They tried to sell (tendered) their most unstable currencies for supplies and hard goods. At the next manipulated economic crash everyone found out which banks and their proprietarily printed currencies were insolvent, and the cycle started all over again.  This still goes on, it