This time it’s deadly. With a bonus discussion on surviving the coming meltdown.
But without fiat money, one cannot buy a Chrysler…
Technical people here:
Gingery Foundry, Lathe, Mill
I don’t have a good lead for a still.
We can see it coming but we can’t stop it. Something like that could make a person angry. That person might have guns.
It might be time for a return of communal farms and start practicing to build the village construction set (it’s not just for mars. Well, they weren’t thinking off world really.)
Sarah didn’t say it directly, but QE (no need for four, this one is forever… until it isn’t) is a tax on everybody (so much for another Obama promise.)
They are also redistributing wealth to banks by screwing with the time value of money. You and I should be able to get a decent rate of return or liquidity ends. Giving banks near zero rate loans means only they can get any kind of return. That’s a redistribution.
Fiat money isn’t the problem. All money is debt, fiat or not.
The problem is the ideology of the idiots in charge. Tax and redistribute (to cronies so they keep power.)
What they don’t seem to realize is by cheating the system to stay in power they leave only one option… death. Death is going to be widely distributed.
“It is not coming! Do not panic! Please remain calm and loyal to Dear Leader! Dear Leader will save us!”–Chris (“Chip Diller”) Gerrib.
“Economic dislocations? What economic dislocations? The private sector is doing fine! Only statism brings prosperity.”–Baghdad Jim.
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