Drowning in Gold
Andre Willers
26 Sep 2014
Synopsis:
The imbalance between Wealth and Money caused by a huge
pulse of either wealth or money travels down the timeline in a self-propagating
fashion . If it does not dampen out , catastrophe or unending misery ensues .
Discussion :
1.The easiest way to see it is to look at historical
examples:
1.1Spanish Gold in the 16th century .
The pulse of money from the American gold and silver
destroyed Spain’s industry , embroiled it in endless wars and caused major
famines as peasants stopped farming .
The pulse of money destroyed wealth as everybody become too
hoity-toity to work . This in turn stimulated money creation through war ,
looting ,theft , currency devaluation , debt . This ended badly in this case in
the catastrophic Thirty Years war . The sack of Magdeburg was typical.
1.2 Industrial Revolution in England circa mid 19th
century . A pulse of wealth creation by machine productivity outstripped
gold-based currency . This caused deflation and a marked reduction in money ,
as risk-free returns could be made simply by hiding your cash and waiting while
it appreciates due to deflation . Continual means were employed to simulate the
appearance of currency . Favourites
still used are velocity of money and war . This ended catastrophically in WW I
.
2.Then they discovered the joys of Keynes . Just print more
money .
3. But this went too far and created a pulse of money with
Quantitive Easing . This is the situation today . Everybody in developed countries
is in a service industry , and real production outsourced. The “Gold” here was
the wealth produced by computers .
The same as what happened to the Spanish . Drowned in gold .
And the equivalent of the Thirty Years war storming down on
us , complete with religious intolerant cruelties and mercenary forces . Once
the payment for “contractors” breaks down , a Magdeburg becomes inevitable .
Nearly the same territory too , note .
They will turn it into a wasteland of drones and smart
bullets loitering , while calling it economic progress .
4.Is there an out ?
Yes .
A large portion of humans can become smarter .
This will result in either moderation or extinction .
Golden distinction cloaks extinction
Andre
xxxxxxxxxxxxxxxxxx
No comments:
Post a Comment