Joseph bidendiaper dismantles US dollar dominance, destroys NATO
ScKamala admits the evil Russians have fought Ukraine to the last shovel
The last shovel. In the foreground, the last shovel, fired from the folks seen below
A bit of shovel history from Andrei Martyanov
https://m.youtube.com/watch?v=YnmdolhdCtE
The shovel sniper
Here are some titles I wanted to use for tonights piece.
The shame of culture, culturing of shaming tech, what a shame - this after the Mercola interview of Celia Farber where she used the phrase
Culture of shaming….
What is the war really about?
Neoliberal conservative financial fraud or the value of real money.
Will he go to jail for Russia gate hoax?
Have you seen my little cocaine satchel I lost in the white house?
Spare a stray cruise missile? Please…
I found the first video in today's A Skeptic to be top notch
https://askeptic.substack.com/p/russia-ukraine-reports-2023-07-10
If you have time to watch or listen to the first Scott Ritter — the first video I found useful.
I wanted to discuss the difference twixt an economy of value rather than a financialization of the economy that has been thereforein robbed of all value, but they seem to have an unlimited ability to print more scAmerican dollars and further dilute the value of the deindustrialized wastelands…
I want to thank you for reading my scattered musings as they come back to mind. Thank you .
it don’t all fit neatly into the dialectical duality one finds formative, the either this or that, even when tis neither nor …
Nevertheless…
Okay, first of all, we’ve got on the one hand this homeless shantytown we call San Francisco, and the bay area generally, i see blocks of tents lining the sidewalks, the whole ability to have any existence, let alone a dollar to spend, seems in question, is this just me? are there encampments of folks without homes everywhere in America? RV’s are like the king or queen Charles of homeless folks, then there are the lower caste of lesser vehiculars, like station wagons or smaller vans, then the tents and cardboarders, on down to the dude with nothing sleeping next to his pack i saw in the Castro today, hope no one takes it while he snoozes, or she.
So what i’m trying to spit out it this thought, on the one hand, we got the decimated dollar declined, the financialization of the rent paying home of the free, free of the home, until there ain’t no way to pay , then so much for that.
On the other, we got this social ideal, that money is one of many measures , and indeed a measure of what matters ain’t necessarily the same as the money to get it, if it can even be bought…
So if you’re trying to buy off a nation to fight fellows next door that look an awful lot the same, to the last shovel, that may not give you what you paid for, or thought you had bought, Joe Biden. But some things, like one’s sovereignty, can’t even be bought. When cash was more prevalent, adjustments were broader. The disgrace of digital currency is , simply, that it makes it so much easier to steal.
I remember when i was younger, feeling ashamed of my mom. What gave me this feeling? How did i internalize the shame of the culture that was still new to me, against my own flesh and blood?
Well, i think that is what America teaches, to be honest, to be ashamed of , well, whatever it is. Your past, your present, the future. The shame of not being able to provide a better way for oneself, which is the dream, or was. Now all that remains is the shame. And it got monetized and became politically correct to be more “woke” and now shame is fully weaponized.
How does this relate to the American war against Russia, which has already seen the fall of the US dollar as the world’s reserve currency
?
Well, used to be able to print and launder american dollars without limit nor duress, if one was in the position to do so, or knew someone who was… but now all that toilet paper has diluted its own value, as well as the use of such for warmongering and profit sharing instead of actually investing in a way for folks to be able to live in the world, with some means of gainful employment, which is now a precious blessing to be honoured, not merely a job…
I had a response to a comment i made, on a totally ? different note, that the Harmacide was going on in Russia too, as well as the English speaking world, which i have heard but sadly, without being able to read Russian, yet, hoping to eventually, but i have no real way to understand what is happening with the finer points of the scamdemic in Russia nor China, although i used to get an emailer update about the Phillipine resistance to big Harmacide needlerape.
I don’t think tis necessarily the fact of gold backing the currency, although something ought to be redeemable for those notes…that gives the value of the money. Dollars used to have, what they termed it, the full faith and credit of America, behind them. Just that we were, and i say were?, such a great nation, as long as we could steal from the rest of the world anyway, a good hegemon were we, or pretended to be…so of course our money was “good.” But now what can we back those dollars with? Fentanyl? the first amendment Joe Biden is opposing and appealing a judgement against (preliminary) which— the judge denied, so there is hope…
Russia is said to have always kept their side of the deal, and that is what makes the value good. But America is turning into someone that Putin doesn’t really want to do business with, and the same for the neverending insults against China the bidenwonder vomits, achieving similar results. Who will want to do business with us? For any amount of money? We don’t make anything , do we? Do we make anything the world needs? Arrogance? Yes, at least we grow pot., and we used to make music too.
Thank you for all you do GK!
My brother-in-law recently lent me a book by independent scholar Saifedean Ammous, titled "The Bitcoin Standard" (Wiley, 2018, 2021 update). I am about to get into the digital currency part of it, so I have no idea about the authors approach to this topic. The book is divided in 10 chapters, and I'm on chapter 7 titled "Sound Money and Individual Freedom". The last three chapters on digital currency and particularly bitcoin, makes for a little less than half of the book, and I have not read that part yet. I have learned a big deal about "money" (not investments, but money) on the 6 and a bit chapters I read, so I will shamelessly plug for the book without making a freaking dime. The contents make it feel like you are taking a course in macroeconomics, but you can actually understand it.
After this intro, my comment: the dollar died in 2008/2009. Since then, the dollar has been on life-support. Federal Reserve kept rates artificially low to curb savings and promote borrowing (debt creation). Money has been fleeing from long term capital creation (like, the grinding work of sustaining small business etc.) to other investments (into the stock market; anyone can verify that: except for a brief time in 2020, stock markets have been like hot air balloons, with all major indexes hovering up-and-down around an above average valuation). But money flows where it needs to flow, according to circumstances. So, what's happening right now (as in today, July 10), 2023? Someone (Federal Reserve) is buying large amounts of debt (T-bonds) and the strength of the dollar (DXY) has been falling slowly. The effect of those two things calms the markets, meaning, the patient (the Dollar), has received another bolus of morphine and midazolam, the ventilator has been fine tuned, and we can keep on diverting it into big stock-trading corporations. To avoid some big upset to the elections fraud scheme, this is going to drag until around and/or slightly beyond election 2024 (bar some black swan event). The end game is CDBC + digital ID, but the complete infrastructure is not there yet (see, you need to consolidate, get read of smaller banks and have only the big guns playing the game), so maybe that's another interpretation for "2030". Contrasting to all this, there has been activity to introduce some sort of gold-backed alternative sound money to the dollar, and some countries ("BRICS") seem to be working towards it (however, it will be mostly digital. Beware of CDBC, even if gold-backed. Fight against it., because it will lead to surveillance and control, PLUS a dependency on functioning electricity and data transmission grids: no power, no network - no transaction. Same with bitcoin etc...
Conclusion: the US dollar IS being dismantled, but the operation goes way back to 2008/2009 (Obama's "Hope and Change" years. Or, "there is no hope, and you will have no $ change"). The end-game is CDBC-digital ID. The Fed will do whatever it takes to keep those stock-air-balloons afloat until election 2024. Maybe a nice confrontation with China plus more weapons to Ukraine will keep that inflationary momentum going! When SHTF and hyperinflation kills the dollar (like it killed the Deutsch Mark at the Weimer republic under very similar circumstances - read "When Money Dies" by Adam Ferguson et al.), as many others said before me, some UBI (the solution) will be the peoples's lifeline, and it will be all digital, all tied up to your very own digital ID and your social credit score.
Did I leave anything out, except the culling?
Thanks for your Stack. Always a new perspective.