Posted on 06/29/2022 8:42:42 AM PDT by Starman417
(and create a New World Order)
The godless think this thing will work, too. They will likely be successful in the short term.
Daniel 7:23 is quite clear what the Fourth Beast shall bring.
I expect self-defense weapons will be universally outlawed by Satan’s anti-messiah.
And by ‘peace’ shall he destroy many.
Daniel 8:23-25
King James Version
23 And in the latter time of their kingdom, when the transgressors are come to the full, a king of fierce countenance, and understanding dark sentences, shall stand up.
24 And his power shall be mighty, but not by his own power: and he shall destroy wonderfully, and shall prosper, and practise, and shall destroy the mighty and the holy people.
25 And through his policy also he shall cause craft to prosper in his hand; and he shall magnify himself in his heart, and by peace shall destroy many: he shall also stand up against the Prince of princes; but he shall be broken without hand.
https://www.biblegateway.com/passage/?search=Daniel+8%3A23-25&version=KJV
A very good post and a scholarly one at that.
However for the ordinary person who is too impatient to read it, I think the easiest way for him to get it is:
Money is nothing more than a means of calculating the value of goods and service. In other words, money is nothing more than a means of barter.
Therefore for money to have any true value and avoid the evils of inflation, a man going to the market place to purchase goods or product must have produced in some manner, whether growing, manufacturing or providing a service, a product of equal value to the money he carries to the market place.
Any money he has that does not represent a product or service produced is inflationary in that the money represents nothing of value.
All the nonsense about the fed, money velocity, etc., is BS.
The FED can not produce prosperity, for they produce nothing other than fake paper, or nowadays not even paper but a computer entry. The government’s attempt to manage the economy has failed every single time and made worse by the same people who failed in the beginning, all the while conning us as to their expertise.
“Inflation is the worlds’ greatest menace. Stopping it should be Priority #1.”
One criticism I have about this statement is that it is only true in the current situation, where we are using an unbacked currency and engaging in money printing that leads to endless inflation.
Under a more traditional economic system, there should be inflation and deflation in cycles, and that would be perfectly normal and healthy, even though there would still be occasional spikes that could be problematic. We’re not in that system anymore though, so we just get inflation, inflation, and more inflation, without the counterbalancing deflationary cycles to offset the harms of inflation.
My favorite part of Atlas Shrugged.
``So you think that money is the root of all evil?”
Ah, remember that the quote comes from the Bible but it is a selective misquote of the Bible. The Bible actually said “the LOVE of money is the root of all kinds of evil”. It was condemning GREED, not money.
The idea that a small elite could manage such a world where they would have high tech while others have nothing is a chimera. It takes the entire industrial base we have now to maintain that technology. Their world would end up like the Dark Ages after the last electrical generator goes off line.
“``Do you wish to know whether that day is coming? Watch money. Money is the barometer of a society’s virtue. When you see that trading is done, not by consent, but by compulsion — when you see that in order to produce, you need to obtain permission from men who produce nothing — when you see that money is flowing to those who deal, not in goods, but in favors — when you see that men get richer by graft and by pull than by work, and your laws don’t protect you against them, but protect them against you — when you see corruption being rewarded and honesty becoming a self-sacrifice — you may know that your society is doomed.”
That day is here.
Best be ready.
L
We went to town yesterday in a rare back to back Tuesday excursion after me having been self isolated here on the farm for about two months. What I saw furthers what I have seen every day in the last two months, much less traffic on the road and then hardly anyone eating at the restaurants we usually find crowded even in the post lunch time frame. Many restaurants had exactly ZERO cars in the parking lot.
What I also saw:
Baring shelves in the grocery store, some items simply gone and the shelves blanked off, chicken and beef in particular.
Bread up about 35% in two months. Ditto for cereal stuff.
Fresh produce still in relative abundance. Interesting.
The section of consumer goods is piled high with stuff, it has always been useless junk to me but it once sold and now it looks like it doesn’t so much.
Truck traffic seems to be slowing but the freight statistics will show that if they are honest. I still see lots of FEDEX, Hobby Lobby and Walmart trucks thought.
People buying less. This is confirmed by the sales tax collection numbers posted by the state. Even with inflation collections and sales are down about 10%.
It looks like things are grinding down to me. I sat on the front porch yesterday evening and listened to the quiet punctuated from time-to-time by the sound of a distant car growing louder, passing and the sound fading into the distance. That has not happened in the 6 years since I retired and returned to the farm from Houston since there has usually been a drone of cars day and night in a steady parade.
Thanks for that appropriate passage from Atlas Shrugged.
No, it's that the sound judgment, the knowledge, the skill and the perseverance necessary to be productive and thereby gain wealth is good.
The fictional character Gordon Gekko was roughly saying the same thing in his assessment that "Greed is good."
Roughly half of the baby-boomers are now 65 or older.
For a long time I have heard that the U.S. has too many shopping malls; perhaps by a factor of two(?).
It's as if we have suffered an attack with neutron bombs. The people are gone; the buildings are still standing.
The people remaining in the workforce may be unable to produce enough in order to handle the immense debt the nation is carrying. There may be no choice but to print money to satisfy the debt in a very unsatisfactory manner.
Part of that unsatisfactory manner will require people to surrender gold and silver in exchange for dollars that will rapidly decline in value.
In my late teens I could buy a gallon of gas for a silver quarter (pre-1964). That same quarter today is worth almost four dollars; surprisingly close to the price of gas in most of the nation. This is not a coincidence.
No need to wait to the end of July, the data are available now: Welcome to Biden’s recession!
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