Does Tremendously Stimulating Debt Bother The Future? 


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…).

 

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6 Responses to “Does Tremendously Stimulating Debt Bother The Future? ”

  1. ianmillerblog Says:

    ianmillerblog
    on April 18, 2020 at 11:31 pm said:
    Hello Patrice,

    I had no idea the bailout had got up to 6.2 trillion, however, the US is in a better position to do that than most because most international trade is still done in USD and that is unlikely to change in h immediate future. Further, many of your plutocrats secure their wealth in places like the Caymans, hence it sort of disappears, at least for a time.

    I don’t know much about Nancy, but I somewhat curious about the fact that so many in Congress are multimillionaires, which is out of step with their salaries.

    Like

    • Patrice Ayme Says:

      Yes this is larger than the Marshall plan, and the New Deal, many times over… 30 times over, more exactly… Marshall cost around 120 billions, New Deal 50 billions… Hundreds of billions have already been DISTRIBUTED… Trump called that a “success”.

      Hard to believe Democrats can accuse Trump of anything short of being more communist than Lenin…

      Nancy Antoinette’s fortune is officially in excess of 400 millions, Feinstein well above a billion (she admits only 100 million or so, by disconnecting from her husband for the purpose of this report). She has been the China contact girl for nearly 40 years…

      Hyper wealthy professional “Democrats” is a big problem… “Republicans” less so, because, at least, they don’t lie as much: they like money and power… Whereas Dems claim to care about the Plebs… when all they do is the opposite… Warren Buffet, or the Gates, for example are highly influential in the Dem Party… while being advantaged by Dem policy decisions…

      The Fed decided of a 4 trillion dollars QE. So, for example Gavin (gov CA) made an accord with banks that they will forgo mortgages payments for 4 months. In exchange the banks will get a zero interest loans from FED…

      Liked by 1 person

      • ianmillerblog Says:

        I am afraid that even at this distance the Dems argument that they are working for the plebs runs a bit thin. However, the electoral system that makes such huge demands on fund-raising just about forces that to happen. The plebs can’t get any action because they can’t afford to even get to place a piece on the board, so to speak.

        Like

        • Patrice Ayme Says:

          I have been involved with Dem politics at various levels, from my local city to presidential. I encountered corruption locally, and forced out a top elected official withing 24 hours (and got rid of the plutocrats behind within a month). I basically made a giant scandal. Now, with Obama, I was seriously naive. My first personal enemy was Pelosi, and got direct threats (not from else but from agents of Erskine…) I had trouble at the time (trying to get a first, and then another child, using lots of technology… and dropped the whole WASHINGTON thing as childish… Now I would not, and would have forced a confrontation, try to get on the Washington scene forcefully)

          As it turned out, Obama was left alone with the wolves… The biggest of them being she-wolf Pelosi, a DINO… (Democrat In Name Only). They railroaded him on Obamacare, and it was all the way downhill after that. Very sad. Now I was in unique position and didn’t seize it. Retrospectively, it was worth going CARPE DIEM (seize the day)!!!! So not all Obama’s fault…

          Trump is running a way more on the left policy than Obama did. Say that to the pseudo-Dems, and they will scream… But they know nothing.
          Contrarily to what happened under Obama, the money is going right now to Small Businesses… And it’s way more money and way faster…

          Liked by 1 person

  2. SDM Says:

    This $6 trillion stimulus is an immediate and blatant gift to the wealthiest while the general population must wait around for the crumbs, an eventual receipt of a trifling $1,200. Again as usual in the USA it is socialism for the rich and unfettered capitalism for the poor. State funded capitalism for the too big to fail, too big to jail types while poor get sh*t and shoved in it. Different from Obama, but better, not so much.
    Meanwhile the federal reserve has pumped as much or more into the “free markets” to avoid a total crash, another gift to the owner class.

    Like

    • Patrice Ayme Says:

      Well… Agreed that to give a few thousands dollars per family is crumbs… However, what to do? even europeans are making no free cash distribution. The country which did best, GERMANY acted SMART. When the Germans saw what was going on in Bergamo, they tested free and massively, EARLY on. Turns out patients going to the doctor early do better.. All the other countries got flat footed in the West (not so Hong Kong, Singapore, Taiwan…)

      Now, for the economic crash: many countries are on the verge of economic collapse. Even in the US, the food supply is stressed… from disease and confinement direct. So Trump persuaded the Republicans to try to save small businesses… the main employers in the US… Many will still have to go, sorry, because they are NOT the ESSENTIAL ECONOMY.

      There has been enough to have 90% of the economy adding no value! I mean, what, a nurse paid $20 an hour when ball kickers are paid $10,000 an hour? Really. I saw a hairdresser complain she was not making her usual 1,500 dollars a day she usually makes… Certainly such people shouldn’t get massive help… The passed package apparently adds revenue to business expense…

      But one shouldn’t go the way of “liquidating” all businesses… That was tried in 1929-1933… Nor should it go as happened under Obama, with a 10,000 billion blank check to (private) banks (8 from US, 2 from Europe). This said, when Gavin, king of California, say millionaires living in mansions (like hairdresser above) don’t have to pay mortgages anymore, he made a deal with banks, which made a deal with Trump-Pelosi (strange chimera) that QE will pay for that… What to say? I am sort of against it… But it’s all about mitigation nowadays…

      Like

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