Comments on: We three kings https://wimminz.wordpress.com/2012/12/24/we-three-kings/ Wimminz Sun, 08 Apr 2018 01:13:44 +0000 hourly 1 http://wordpress.com/ By: wimminz https://wimminz.wordpress.com/2012/12/24/we-three-kings/#comment-3370 Thu, 27 Dec 2012 12:48:29 +0000 http://wimminz.wordpress.com/?p=2813#comment-3370 it’s hard to see any major reset that does not include a ground war… I wish it were not so… but….

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By: hans https://wimminz.wordpress.com/2012/12/24/we-three-kings/#comment-3369 Thu, 27 Dec 2012 12:47:04 +0000 http://wimminz.wordpress.com/?p=2813#comment-3369 And just like Mr. Milosevic http://www.cato.org/publications/commentary/worlds-greatest-unreported-hyperinflation
our “Volksverräter” (Traitors) will most likely start WW3 with China/Russia when they get the word from their “money-masters” to finally dump our non-functioning currencies.

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By: hans https://wimminz.wordpress.com/2012/12/24/we-three-kings/#comment-3368 Thu, 27 Dec 2012 12:36:08 +0000 http://wimminz.wordpress.com/?p=2813#comment-3368 http://www.rogershermansociety.org/yugoslavia.htm

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By: Tired Guy https://wimminz.wordpress.com/2012/12/24/we-three-kings/#comment-3367 Thu, 27 Dec 2012 08:00:30 +0000 http://wimminz.wordpress.com/?p=2813#comment-3367 Slashing all price tags used to be fairly common, just look at all the currencies that used to be known as the “new [local currency]”. Governments would introduce a new currency at a rate of 1 new to 100, 1,000, 10,000, or 100,000 old. Eventually people would drop the “new” part of the name and forget all the lessons that they should have learnt about inflation, allowing the usurers to pull the same con again. Slashing a few zeros off doesn’t help anyone except for the usurers, and you can be sure as hell they don’t keep too much wealth in liquid (cash) assets.

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By: hans https://wimminz.wordpress.com/2012/12/24/we-three-kings/#comment-3357 Wed, 26 Dec 2012 00:44:56 +0000 http://wimminz.wordpress.com/?p=2813#comment-3357 Theoretical discussions like this are necessary and fruitful, therefore nonexistent in sheeple-level politics or finance.
But without ripping out the root(heh) of this problem, namely the ruthless & parasitic individuals responsible for maintaining this slave master mechanism.
So without first getting rid of these fuckers and their minions in politics, finance and the judicature, nothing much will change.

It would just prolong the mathematically inevitable systemic collapse and thus our own enslavement.

But here´s the REAL problem.
Most people aren´t even aware of such vermin. Thus they will be obliviously helpless again when “the money-masters” reintroduce themselves as our saviors. To deliver us from the financial holocaust they themselves designed for us.

That´s the real boot they want to eternally stomp our faces with, IMHO.

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By: Tim https://wimminz.wordpress.com/2012/12/24/we-three-kings/#comment-3353 Tue, 25 Dec 2012 21:32:56 +0000 http://wimminz.wordpress.com/?p=2813#comment-3353 I have five comments:

(1) If your mortgage is $200k and you divide it by 100, the result should be $2k, not $20k—or am I missing something? I think I am getting the gist of what you are saying, though.

(2) How is dividing all price tags by 100 (or whatever) going to improve the situation? Let’s say you are now paying $1,200 a month for the hypothetical $200k mortgage. At the same INTEREST RATE, if all price tags are divided by 100, you will be paying $12 a month, it will take you EXACTLY the same length of time to pay off the mortgage (now $2k) and will be EXACTLY the same burden on you since now you will be making 20¢ an hour. The key is reducing the interest rate.

(3) The trick is that mortgages and other transactions are denominated in money, NOT REAL ASSETS like gold. So, as the money supply (perceived or real) increases (inflation), its value declines, so no, the end result is that you won’t owe the Milky Way in the end because the purchasing value of money gets trashed. HOWEVER, some can actually benefit from inflation (see below).

(4) How is the slashing of all price tags by 100 going to materialize? For such a thing to be effective, ALL price tags must be slashed by 100 SIMULTANEOUSLY. I am not sure how that can be enforced. Plus, what about rounding up/off? If slashing all price tags by 100 were possible, each ¢ will now be worth 100 times more that previously. For such ÷100 measure to be fair and effective, a centicent (1/100 of a ¢) should be instituted; otherwise, there is a lot of money to be made by merely truncating the resulting quotient to the nearest LOWEST ¢. (Remember that programmer who was working in finance some 35-40 years ago, who became rich by truncating values of transactions instead of rounding them off, siphoning off the difference—LESS THAN 1¢ per affected transaction!—to himself?)

(5) Nonetheless, the requirement of simultaneity of slashing each and every price tag by 100 brings up an interesting point: Inflation can be viewed as a disturbance, as a wave propagating through the economy. I will follow your lead and give a physical example. Take a 1ʺ trace on a printed circuit board (PCB) and look at two cases, one where the said trace carries a 10kHz audio signal and a second case where the PCB trace carries a 10GHz microwave signal. (I am not considering important details pertinent to microwave design, such as PCB material, copper roughness, width, and thickness, etc., to make a point. The PCB materials will be different in each case.) In the case of the audio signal, the 1ʺ trace can be considered lumped (point like); however, in the microwave case the trace should be treated as DISTRIBUTED (transmission line): Voltages and currents (and, more importantly, magnetic and electric fields), however you agree to measure them, are DIFFERENT at each end of the microwave PCB trace at the same instant of time. You have a WAVE propagating through the trace in each case, but in the audio case the wavelength is so long that the trace IN TERMS OF WAVELENGTH looks like a point; in the microwave case, the trace is more than a wavelegth long. Similarly, “quantitative easing” is like the driven end of the microwave PCB trace; it may benefit some and hurt others. Inflation is like the wave propagating through the PCB trace. Some can benefit or hurt differently as inflation propagates through the economy (analogous to the PCB trace). Example: So-called defense contractors. Money is created to pay them, so they can pay their employees (many of whom are otherwise unemployable “independent” skank ho’s by the way). The payees of the defense contractors are exposed to the “stimulous” FIRST and stand to benefit the most because they can grab the money and buy real assets, which will nominally appreciate when the resulting inflation hits other parts of the economy (like the receiving end of the PCB microwave trace) LATER. The difference is that the microwave engineer knows quantities like wavelength, propagation constant, and how the fields look around the PCB trace, and how they vary, but I am not sure if corresponding quantities can be evaluated for the economy (certainly that cannot be done from government statistics!). Qualitatively, though, you can see that whoever is closest to the created money stands to gain the most. Unsustainable interest can only be paid through inflation. Most people view inflation as lumped (equivalent to the audio PCB trace) while, in reality, inflation does not affect everybody the same at the same instant of time, like the wave propagating trough the microwave PCB trace. Similar considerations could apply to deflation.

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