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| Moderated by: Joe Kelley |
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| Price | Rate Topic |
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| Posted: Sun Nov 5th, 2006 02:12 pm |
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1st Post |
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Joe Kelley Administrator
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Rising property prices were caused by a lie – that the feds could increase the world's purchasing power by introducing additional "money" into the economy. Then, the lie led to a humbug...after which followed a delusion trailed by a hallucination. http://www.lewrockwell.com/bonner/bonner307.html The lie is not half true or half false. The lie is quite simply an agreement to follow a principle. The principle is called debt and it goes like this: “every individual will attempt to secure his own requirements as completely as possible to the exclusion of others.” Carl Menger (1840 -1921) Every individual who agrees to secure his own requirements as completely as possible while excluding others is and agreement to create winners and losers so long as the number of losers remain a smaller number than the winners. This is simple. The system cannot work if everyone wins. If everyone wins, then, the principle behind the system would be equity. The Winner/Loser system works because people are inspired to gain at the expense of others which can also be seen as ‘passing on costs’. Cost is the factor that determines equity. Price is the factor that determines the winners and the losers. If a loser pays more than the cost, then, the loser is ‘taken to the cleaners’ while the winner passes on the costs and receives the benefits of the Interest/Profit/Wage paying System. The lie, if it a lie, is called Capitalism. If it is not a lie, then, it is a simple matter of choosing to abide by a system that rewards any method by which one person, or group of people acting as one (see corporation), manages to secure their own requirements at the expense of any other person, or people, excluded from the ‘profit’ or ‘interest’ or ‘wage’ transfer of wealth whereby ‘earnings’ go from those who earn to those who ‘profit’ from the ‘interest earning’ system. The ‘system’ requires something known as scarcity. So long as people need any supply whatsoever, for whatever reason whatsoever, the ‘system’ advocates raising the ‘price’ of the stuff to any ‘price’ anyone is willing to pay for the scarce stuff regardless of the cost of the stuff. This is why ‘Money’ (actually currency) is purposefully manipulated into a state of scarcity. If currency is scare, then, people who need currency will pay large amounts of currency just for the privilege of using currency. If the reader does have an interest in currency, debt, profit, interest, scarcity, and the big lie, then, please consider reading this: http://www.perfecteconomy.com/index.html Too much currency is as worthless to everyone as not enough currency is worth an amount of ‘interest’ flowing from people who earn to people who create a currency scarcity. How you might ask does that scandal work? He who makes too much currency, and gets away with it, uses that currency to buy stuff with the excess currency he or she creates. He who can manage to enforce a reduction in currency, and also manage to convince everyone to use that one form of currency, can buy stuff with the ‘interest’ charged for the use of the scarce monopoly currency. Make sense? If not, then, you are probably paying ‘interest’ and you probably don’t have a monopoly control of money. Chances are, however, you do use something that looks very much like monopoly money for your currency. In other words you are probably not one of the winners. If you are one of the winners and you still don’t understand, then, my guess is that your eyes are filtered by a huge measure of tint called falsehood. Sleep well.
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