Since economies expand and contract cyclically, a downturn occurs, and people spend less as a response to rising risk: revenues drop, workers are laid off and defaults / bankruptcies start rising.
CHS confuses credit for the economy. That is why he cannot understand the solution.
Nor is the solution exclusively Gold. It is exclusively Precious Metals which may float in parallel. CHS here confuses banking for money. Banking requires a more dense store of value to settle between them. Consumers and businesses do not require it.
Here’s another problem: the economy is expanding smartly, but the Treasury’s stash of gold isn’t expanding to match the increase of demand, as the government’s gold mines aren’t yielding much new gold.
Here CHS confuses value for production, a fundamental failure to understand basic supply and demand.
You dont need more coins to describe a larger quantity of goods. You just need to let prices clear. If the quantity of PMs is restricted, then their value in "stuff" goes up, and the value of "stuff" in Gold goes down. And your Jewelry and Silverware are also "stuff". But they are "stuff" easily converted from "stuff" to coins, as there NEVER were more than 40% of PMs in coin form.
So, "The Rich" NEVER HAVE owned more than half, or even close to half, of all the "stuff" from which coins are made. That is a considerable improvement over today where they own 90%.
Extending on CHS fundamental inability to understand Econ 101 supply and demand, he thinks the rich can charge any interest rate they wish. No they cant. If they demand too much they will lose their money when the borrower defaults.
Ultimately CHS displays in this article that despite his many books, he understands nothing of economics. But he understands theft through Pyramid Schemes very well. And he hopes to profit from his portion of the pyramid scheme before mortality brings him down, even if it costs the last breeding pair on the planet, and hence humanity itself.
Once upon a time you wouldn't see a brand new account with over 60k up votes who spontaneously appears for a political event and disappears just as fast.
Airspace over Southern Iraq is controlled b6 Shia Militia Groups (SMG) funded and loyal to Iran. Their zone of coverage includes most of tiny Kuwait.
I would suggest that Kuwaitis, who have US equipment, with US IFF, are unlikely to have shot down these planes.
I would suggest that it is more likely the SMGs shot them down, but it was attributed to 'Friendly Fire' for diplomatic reasons.
I expect this to be very bad for the midterms, inasmuch as Trump campaigned for 10 years against what he is now doing.
Iran's resources are more finite than those of the US. Even with the US acting so far from home.
Nevertheless, there was no adequate signaling to justify this to the public beforehand. And there has been no clear concise listed set of objectives to communicate when it is likely to end, and what those ending objectives will look like.
The problem with Secretary of War Hegseth's listed objectives is that they completely skip the subsequent answers to the predictable questions of, "Then what?"
So...we decimate their navy (which is mostly small Fast Boats)...and then what?
So...we destroy as much of their missile forces as possible...and then what?
Each objectives he listed is a link in a strategic chain that should lead to a political-military outcome which is missing.
The absence of the outcome makes the outcome presumptive..."And then they rebuild with the resolve to be more aggressive next time".
That presumptive end state is worse than the starting state.
That is the problem I have with this thus far.
Theres a lot of political condition-setting and expectation management that was mandatory in a free state ruled by elections (even aspirationally) that is completely missing.
They are not misguided but engaged in violent genocidal war against you. It does not matter whether you believe the "they" to be the bankers, aristocrats, a tribe, or Parties in Government.
They are demonstrably waging war against you, while you do nothing.
Are we still so gullible as to think our governments actually rule?
Why, then, do policies remain the same regardless of how opposing they were on the eve of the election?
How else can thousands of politicians otherwise act uniformly, when experience clearly indicates unanimous agreement of even 100 is impossible, without them being bribed and threatened into it?
Predictable and predicted, with no US Critical interest at stake.
My sister was held captive in Iran for over a year. I have no love lost. But we have problems here at home whose solutions are severely undercut by a foreign war of choice.
This was a foolish decision. And given Trumps campaign rhetoric, he knew it to be so.
So, why?
Did the Supra-National Government in London find a way to bring him to heel?
Iran has always been a City of London Bankocracy project since at least the 1850s.
Dogs are better people than you are, despite their willingness to occasionally eat $h!+.
They are more loyal, kind, honest, forgiving, and more intelligent in many ways than most people.
As a Caucasion person, if you have a problem sharing the planet with me, I will happily and permanently solve your problem so that everyone can be happy.
Recent Comments
Steel is better, more degradeable, recycleable, and much faster.
You dont have to wait 20 minutes for each dangler to dangle. You can have another up to play every 30 seconds.
CHS confuses credit for the economy. That is why he cannot understand the solution.
Nor is the solution exclusively Gold. It is exclusively Precious Metals which may float in parallel. CHS here confuses banking for money. Banking requires a more dense store of value to settle between them. Consumers and businesses do not require it.
Here CHS confuses value for production, a fundamental failure to understand basic supply and demand.
You dont need more coins to describe a larger quantity of goods. You just need to let prices clear. If the quantity of PMs is restricted, then their value in "stuff" goes up, and the value of "stuff" in Gold goes down. And your Jewelry and Silverware are also "stuff". But they are "stuff" easily converted from "stuff" to coins, as there NEVER were more than 40% of PMs in coin form.
So, "The Rich" NEVER HAVE owned more than half, or even close to half, of all the "stuff" from which coins are made. That is a considerable improvement over today where they own 90%.
Extending on CHS fundamental inability to understand Econ 101 supply and demand, he thinks the rich can charge any interest rate they wish. No they cant. If they demand too much they will lose their money when the borrower defaults.
Ultimately CHS displays in this article that despite his many books, he understands nothing of economics. But he understands theft through Pyramid Schemes very well. And he hopes to profit from his portion of the pyramid scheme before mortality brings him down, even if it costs the last breeding pair on the planet, and hence humanity itself.
Lots of new posters here today.
Once upon a time you wouldn't see a brand new account with over 60k up votes who spontaneously appears for a political event and disappears just as fast.
Makes a guy wonder about things.
Demoncrat representatives come in two flavors:
Stupid
Evil
Lieu is both.
Airspace over Southern Iraq is controlled b6 Shia Militia Groups (SMG) funded and loyal to Iran. Their zone of coverage includes most of tiny Kuwait.
I would suggest that Kuwaitis, who have US equipment, with US IFF, are unlikely to have shot down these planes.
I would suggest that it is more likely the SMGs shot them down, but it was attributed to 'Friendly Fire' for diplomatic reasons.
I expect this to be very bad for the midterms, inasmuch as Trump campaigned for 10 years against what he is now doing.
Iran's resources are more finite than those of the US. Even with the US acting so far from home.
Nevertheless, there was no adequate signaling to justify this to the public beforehand. And there has been no clear concise listed set of objectives to communicate when it is likely to end, and what those ending objectives will look like.
The problem with Secretary of War Hegseth's listed objectives is that they completely skip the subsequent answers to the predictable questions of, "Then what?"
So...we decimate their navy (which is mostly small Fast Boats)...and then what?
So...we destroy as much of their missile forces as possible...and then what?
Each objectives he listed is a link in a strategic chain that should lead to a political-military outcome which is missing.
The absence of the outcome makes the outcome presumptive..."And then they rebuild with the resolve to be more aggressive next time".
That presumptive end state is worse than the starting state.
That is the problem I have with this thus far.
Theres a lot of political condition-setting and expectation management that was mandatory in a free state ruled by elections (even aspirationally) that is completely missing.
I would like to point out that air defenses in Southern Iraq are controlled by Shia Militia Groups (SMG) who are loyal to Iran.
And I would like to highlight that their coverage ranges over most of Kuwait.
Finally, I would like to propose the likelihood that the news of SMGs being hit is likely a response to their intervention on Iran's side.
They are not misguided but engaged in violent genocidal war against you. It does not matter whether you believe the "they" to be the bankers, aristocrats, a tribe, or Parties in Government.
They are demonstrably waging war against you, while you do nothing.
Are we still so gullible as to think our governments actually rule?
Why, then, do policies remain the same regardless of how opposing they were on the eve of the election?
How else can thousands of politicians otherwise act uniformly, when experience clearly indicates unanimous agreement of even 100 is impossible, without them being bribed and threatened into it?
There are many, many, many retarded people.
If Trump started a war he promised not to because TPTB brought him to heel, then Western thought, genetics, culture, and Christianity itself are over.
It will be planet Hell.
And in hell, life is only tolerable for the Top Demon.
Uh...yep. clear.
It is because Im not a Communist lemming who parrots "the latest thing" like gospel without thinking. Okay.
I can deal with that.
Nice switcheroo downvoter.
Because it is about the commenter, not the comment?
Predictable and predicted, with no US Critical interest at stake.
My sister was held captive in Iran for over a year. I have no love lost. But we have problems here at home whose solutions are severely undercut by a foreign war of choice.
This was a foolish decision. And given Trumps campaign rhetoric, he knew it to be so.
So, why?
Did the Supra-National Government in London find a way to bring him to heel?
Iran has always been a City of London Bankocracy project since at least the 1850s.
Take it with a huge grain of salt.
Hating your oppressive leader in no way implies competence to live without an oppressive leader.
These same individuals might be rioting for a new Ayatollah at the first late train or inconvenience.
Arguing?
Perhaps abusing is a better word.
His articulated desire for genocide offended me.
You just failed an important test of intelligence.
Guns are not required, and rarely the best tools for violence.
You articulated a genocidal wish, and alluded to guns.
How South African of you.
Guns dont commit genocide.
Starvation does.
A dog will not bite the hand that feeds it and still expect food.
Africans are famous for doing that.
You are less intelligent than a dog, in this way.
No thanks.
Im murderous, not suicidal.
PS... Your goats see it differently.
Dogs are better people than you are, despite their willingness to occasionally eat $h!+.
They are more loyal, kind, honest, forgiving, and more intelligent in many ways than most people.
As a Caucasion person, if you have a problem sharing the planet with me, I will happily and permanently solve your problem so that everyone can be happy.
Likely none.
Missiles dont need pilots.