Archive for April 18th, 2020

Does Tremendously Stimulating Debt Bother The Future? 

April 18, 2020

The Government Is Essential And Has Always Practiced Governmentalism, And That Includes Offering Enough Money To Run An Economy:

Government Debt, in a sovereign state, is just potential tax deferred. 

So far the bailout piled up by Trump amounts to 6.2 TRILLION dollars (a number Europeans can’t understand, let alone approve of: Europeans don’t understand many things these days, for example common sense). This is just phase 3 of the stimulus. Phase 4 is being prepared by Trump, who is ready to roll it out…

Thus an alarmed billionairess, Nancy Marie Antoinette Pelosi, the third person of the USA, fled Washington for her Napa valley secondary home mansion, to pose in front of her $24,000 refrigerators full of designer ice cream, and lecture us on her Political Correctness… Thus Nancy Antoinette prevented Trump from injecting immediately another 350 billion dollars into small businesses… The preceding 250 billions having run out… Inversion of all values?

Hearing about the colossal bail-outs, some of the right wing politicians, infeodated to the old global plutocracy, and their media, such as the famed hypocrite, “The Economist” loudly whined: will governments retreat after making so many gifts? Oh no, they lament, they won’t… And they imply this is too much stimulus to compensate for the economic and social catastrophe the virus has wrought.[1]

Fact is 97% of US antibiotics are made under the Xi dictatorship ruling China, the world Krugman (Nobel from NYT and Princeton), plutocratic globalists  and steering media such as “The Economist” brought us. 

Notice Japan is doing well economically in spite of a tremendous debt. Notice Japan cancelled much of its debt after getting atomized

If Japan cancelled its government debt, it would act as a tax a posteriori… Arguably less of a problem than taxes in advance which destroy the economy, French style… Germany goes around the problem elegantly, with bankrupt local banks…. 

These people are not just plutocrats, and plutophiles. They are traitors, like Marie Antoinette.  

They take us for fools (right, there are many fools out there!)

They take us for a ride.

They have long got away with murder, literally. (Remember the 30+ millions not covered by health insurance in the US? That’s just the tip of the iceberg…)

They have been friends to Xi, the dictator who enriched them. Perfidiously and humiliatingly they added it was to enrich us.

We saw it all before: 1920s plutocrats used to love Hitler (oh, the US plutocrats had extended WWI just before, by going around the British-French blockade of the fascist racist Kaiser dictatorship, using the Netherlands). 

Hitler was propelled not just by German plutocrats (as a cover-up has it), but all sorts of Anglo-Saxon plutocrats, especially the Americans. They, the IBM, GM, Ford, Standard Oil, Browning, Harriman, etc. loved the racist dictator even more after they put him in power. Yes, that part of history has been forgotten. Carefully. Exhaustively. 

Facts such as the following, are not on the radar of academia, let alone the Plebs. A pawn and agent of JP Morgan, the man and his bank (number one in the world at the time!) was the banker and central banker Hjalmar Schacht. Schacht was organizer of German hyperinflation, promoter of Nazism, and economy minister of Hitler, and one of many connections between German criminal racial fascism and the US elite. Thanks to his engineering of Nazism, Schacht earned a seat at Nuremberg, and was exonerated, hence he got right back in the honored circles at the helm of world plutocracy. 

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Want the truth? Famed pseudo-Democrat Obama, another pawn, augmented US inequality (through a multi-trillion dollars Quantitative Easing designed to help foremost plutocrats and their banks). Obama also decreased durably US life expectancy year after year, for the first time in history, through his carefully designed “Obamacare”, which foremost cared to increase further the profits of the health care plutocracy. 

Want the truth? A government is in place, and has organized the economy, and did so more than a century ago (under the racist president Wilson, another Democrat from Princeton who put blacks in cages, literally). 

The same Deep State which helped bring us the Kaiser, and his world war, Hitler and Stalin by pulling their ropes carefully (Lenin himself gloated about it… and he died in 1922…) 

This plutocratic economy has stealthily ruled the USA, the world’s most powerful and wealthiest country, leader of the world for more than a century. Watch the Harriman brothers, decorated by both Stalin and Hitler, pull the strings of the Democratic Party (their father was the world’s wealthiest railroad magnate, great friend of John Muir… himself a well-married man…)

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Want the truth? How does the plutocratic class does this? It’s simple, we have a baby case: look at what happened to the Roman republic. Thanks to the Roman globalization, Roman plutocrats were able to elude the Roman Absolute Wealth Limit, and their power grew to the stars. Roman plutocrats organized themselves in a party, the “Optimates”, and fought the “Populares”, first by words, and finally with daggers and private armies. They took around 130 years to destroy the Roman Republic, which was partly a Direct Democracy. 130 years of outrageous lies… families such as the gens Julius of Marius and Caesar fought them in vain, until one of their own, Octavian/Caesar/Augustus, resigned himself to join and domesticate what he couldn’t beat… 

The present world governance is completely in the service of the global plutocracy… Interference by the likes of Trump or Boris Johnson (pains me to admit the latter!) threatens that power structure. Hence the rage of the media completely owned by the global hell (Pluto) which powers (kratia) over us… 

Debt, if it goes wrong, can turn into a tax (another thing the “dumb” Europeans affect not to understand, so they tax first, and then chuckle they didn’t have to increase the debt, as if tax was not more of a burden than debt… Hence Europe has progressively impoverished itself, to the satisfaction of global plutocracy. Roman plutocrats were also anxious to weaken italy, lest a revolution put an end to their power…). 

Governmental debt, in a sovereign power, is a matter of choice on the part of the government (the US is not Argentina… not yet…) The USA can afford to go completely governmental in the next six months, as long as the essential economy keeps functioning. Thanks to modern tech, the essential economy is no more than 10% of the economy. The rest can get crumbs, like the pigeons they are.

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Are there precedents of switching brutally from liberal capitalism to governmentalism? Of course. Even Darius, founder of the Achaemenids dynasty, switched quickly from governmentalism to socialism, to capitalism. He needed a poney express, with appropriate roads and relays, to get news from all over his gigantic empire, from Greece to India, Ethiopia to Central Asia within a week… That was not built by entrepreneurs, but under government order… The Athenian adversaries of the Persians also built a gigantic fleet of 220. Warships, cutting the forests of Attica in the process, under an emergency government program. 

To defend freedom, one needs government! In civilization, the freedom of the individual does not extend further than the power of the government, which exists to preserve the cities. Currency is just a convenient way, instituted by the government, to enable transactions. There are other ways which are more fundamental, and the most fundamental of them all is just giving orders to the military. That’s the difference with Argentina: much more military, and fully obedient.  

Money is whatever the government decides it will be. Under the colossal empire of the Franks, those who begged to disagree, were boiled slowly in special cages. They didn’t even have the choice of water, wine or oil, either of these three liquids were used. As a result, the immense Frankish empire didn’t suffer from the hyperinflation the Late Roman empire had experienced… The value of coins was exactly what the government had decided… 

The present US government, even Nancy Antoinette, knows this. That it is the sovereign government which decides the economy, and the currency, and the debt, and the tax. And Europe doesn’t, because it’s halfway to Argentina…

https://patriceayme.wordpress.com/2013/08/13/synthesis-found-governmentalism/

Trump $6.2 TRILLION Fight Against COVID Is Economically Responsible

What would really bother the future would be to have no present. So let’s not be afraid to bother the future by saving the present!

Patrice Ayme.

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P/S: The Economist of course gave atrocious advice, for We The People, in the 2008-2009 crisis… which was followed by the Obama administration:

https://patriceayme.wordpress.com/2009/05/23/banking-civilization/

On the fact that if the state shrinks, too much, so does the law, and how Obama followed the “Quantitative Easing“, easy money for the private banks financing his Pluto friends while rather starving the general populace:

https://patriceayme.wordpress.com/2013/12/13/plutocracy-rising-demos-sinking/

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[1] As a certified masochist, I have been a subscriber of the outrageously partisan tabloids New York Times and The Economist… and their party is global plutocracy… The NYT banned me of their comments for fifteen years…. and The Economist banned comments all together, so they can lie outrageously in peace…).