Communism NEVER sleeps, but we in America were, and are, asleep at the wheel. Everyone should go read about "ole Bernie " in the younger years. We do not work enough in this country due to the pandemic and the free money; and that is why we are going to be surpassed by the Chinese. We are destroying from within, and this has been going on since the 50s, when we thought socialism had been defeated. I am afraid it is everyman for himself right now, and people had better get into that mindset. The government is nobody's friend!
Now in my 7th decade, I’d say the US reached its pinnacle in the 1960s from an economic and cultural leadership perspective. Social problems were starting to appear, but there was no country on earth that came close to matching the power/prowess of the US: it was in a league of its own. Saddened to see it decline so ..
According to Katherine Austin Fitts, TPTB determined in the 60s that maintaining the middle class was too expensive, for 'them." So, they decided to move most of the middle class money overseas, which really gained steam in the 70s. Coupled with Nixon's taking us off the gold standard in 1971, which initiated an unprecedented money printing binge, it is clear that monied interests were responsible for destroying the best life and living standards in the Western world so they could amass all that wealth for themselves. This was not inevitable, it was planned.
With the advent of the Eurodollar system (i.e., a ledger-based money system where dollars can be printed by banks outside the US), I don't think there was any choice but to de-peg from gold. How can you continue to honor gold redemptions when banks outside the US can just create ledger entries and present them for gold?
The real issue, in my opinion, is that nothing has arisen (yet) to replace this system where dollars can be conjured out of thin air by unregulated, non-domestic institutions.
The FEDERAL RESERVE IS THE PROBLEM !!! That crooked institution and the debt based monetary system is America's worst enemy and the eventual cause of our slavery. Make the FED a public institution and not a private enterprise !
"It is perhaps well enough that the people of the Nation do not know or understand our banking and monetary system, for if they did I believe there would be a revolution before tomorrow morning." - Henry Ford
Communism NEVER sleeps, but we in America were, and are, asleep at the wheel. Everyone should go read about "ole Bernie " in the younger years. We do not work enough in this country due to the pandemic and the free money; and that is why we are going to be surpassed by the Chinese. We are destroying from within, and this has been going on since the 50s, when we thought socialism had been defeated. I am afraid it is everyman for himself right now, and people had better get into that mindset. The government is nobody's friend!
I'll add to the Lenin quotes:
“The way to crush the bourgeoisie is to grind them between the millstones of taxation and inflation” - Lenin attributed by Keynes
“The Economic Consequences of the Peace” (1920)
https://archive.org/details/economicconseque00keyn
Now in my 7th decade, I’d say the US reached its pinnacle in the 1960s from an economic and cultural leadership perspective. Social problems were starting to appear, but there was no country on earth that came close to matching the power/prowess of the US: it was in a league of its own. Saddened to see it decline so ..
According to Katherine Austin Fitts, TPTB determined in the 60s that maintaining the middle class was too expensive, for 'them." So, they decided to move most of the middle class money overseas, which really gained steam in the 70s. Coupled with Nixon's taking us off the gold standard in 1971, which initiated an unprecedented money printing binge, it is clear that monied interests were responsible for destroying the best life and living standards in the Western world so they could amass all that wealth for themselves. This was not inevitable, it was planned.
It does look like the decline was planned.
Maybe the US could announce this tomorrow: "Rocks and sand are now the new Dollars and Cents!"
This country is toast if we don't isolate. imo
With the advent of the Eurodollar system (i.e., a ledger-based money system where dollars can be printed by banks outside the US), I don't think there was any choice but to de-peg from gold. How can you continue to honor gold redemptions when banks outside the US can just create ledger entries and present them for gold?
The real issue, in my opinion, is that nothing has arisen (yet) to replace this system where dollars can be conjured out of thin air by unregulated, non-domestic institutions.
The FEDERAL RESERVE IS THE PROBLEM !!! That crooked institution and the debt based monetary system is America's worst enemy and the eventual cause of our slavery. Make the FED a public institution and not a private enterprise !
And lower administrative courts!
End the Fed and central banks.
"It is perhaps well enough that the people of the Nation do not know or understand our banking and monetary system, for if they did I believe there would be a revolution before tomorrow morning." - Henry Ford