Central Banks

They brought the Wispa back months ago but it seems to have disappeared again. I binged on them this time last year.

johnfás wrote:

They brought the Wispa back months ago but it seems to have disappeared again. I binged on them this time last year.

That was a trial, a giant chocolatey prick tease, if you will. They are now, in true Take That style, back for good.

I hope they bring back Wispa Gold too.

johnfás wrote:

They brought the Wispa back months ago but it seems to have disappeared again. I binged on them this time last year.

A result johnfás - your posts must have been noticed by Cadbury

Quote :

03/08/2008 - 16:28:31
Cadbury is to bring back the Wispa chocolate bar for good after a campaign on social networking websites demanded its return.

The chocolate company said 20 million bars were sold in seven weeks during a trial limited run last year.

The head of the ECB would not approve of this chocolate inflation.

How many different chocolate bars can exist in the economic system wiithout the market being flooded and chocolate stockpiling happening which is not good for the circulation.

The alternative is for everyone to double their intake of chocolate bars but due to the expansionary nature of chocolate consumption and combined with tthe neutral effect that our sedentary blogging has on said increase, another industrial branch of the economy will have to expand in order to counter the effects of the other expansion, that is, manufacture of these:

Auditor #9 wrote:

:

That's a sin.

Does the treadmill run the PC ?

No, the PC is run by his smug sense of self importance.

cactus flower wrote:

Does the treadmill run the PC ?

I don't think so, I think it's a way of de-expanding your belly.

But do ye see what I mean by product uptake, growth and expansion of money ? Now he has an exercise yoke in his office AND a chair/desk but thankfully computers are getting smaller.

Maybe it does power the computer - why not? So now he can eat more because he's losing weight while working so his extra consumption adds to the growth of the economy while not burdening it with his obesity. maybe the quality of his work is higher too because there could be a connection between work and exercise and productivity. But my main point is that he can eat nearly twice as much as normal because he's burning it off. He also doesn't need heating on in the winter so he's not adding to an economic sphere that is very much prone to inflation.

Normally the line is to print more money and spend your way out of a recession but I'm convinced there is merit in the "Eat Your Way Out of a Recession" or "Type your way out of a recession" - we need more activities that expand the money supply without being inflationary, unjust or environmentally damaging. The above might be an inane example but how soon is it going to be before there are serious video gamers going to gyms to compete against one another? At the moment I wouldn't be found dead in a gym actually I might be if I went in an exerted myself.

EvotingMachine0197 wrote:

The full Money Masters is here
http://video.google.com/videoplay?docid=-515319560256183936

3 hours 35 minutes in 15 parts.

Better quality too.

Ok I'm watching it today youngdan. Bit late but better than never. Just need to get the sound working

Why don't we put it on the portal with the LHC Rap as Essential Viewing?

That is the best news I have had in a while Audi. If I did not think it were so important I would not be stressing it so much.

youngdan wrote:

That is the best news I have had in a while Audi. If I did not think it were so important I would not be stressing it so much.

It's fantastic! A complete history of money indeed and from a nice anti-Rothschild and Co. angle. I've see about one third of it but I should watch it again really. There were some great heroes over there in America at the start but they always succumbed to the big bad wolf.

It didn't sink into my brain why deflation is purposely induced but if this theory is true then it's that cycle we're in now I guess.

The knowledge that deflation is coming is a tremendous advantage. You just sell everything and buy back later at a fraction. If land you sell your 1000 acres and when the price falls 80% you can buy 5000 acres with the same money. Even better with stocks as they fell 95% during the depression.

The insiders can buy up the world with this con-game and have done so.

Forget about these billionaires in Ireland as well, they are just riff-raff. Compared to the wealth of the real rich they are pikers. Prince Charles owns so much land that nobody knows how much

I watched half of it and never got back to it. Must do so soon. It's scary stuff alright.

youngdan wrote:

The knowledge that deflation is coming is a tremendous advantage. You just sell everything and buy back later at a fraction. If land you sell your 1000 acres and when the price falls 80% you can buy 5000 acres with the same money. Even better with stocks as they fell 95% during the depression.

The insiders can buy up the world with this con-game and have done so.

Forget about these billionaires in Ireland as well, they are just riff-raff. Compared to the wealth of the real rich they are pikers. Prince Charles owns so much land that nobody knows how much

It's so evil that the mind is abhorred or repelled as someone said.

I think I believe that the value of money should reflect trade like in the Colonial Scrip. I don't know how this might be expanded though - if a trader is getting more business or I start up a business - how do I start up a business with Colonial Scrip? If I make a few babies am I inclined to go out and till more land to feed the feckers and this has trading side effects because I might create a surplus which needs the printing of money. I haven't any other examples of growth at the minute besides growth of population although exploration and adventure might be another, if not the quest for scientific and engineering knowledge. Anyway, how is the Colonial Scrip expanded when there's growth, assuming there's growth?

Note that Jefferson and Co. weren't fans of the Gold Standard either.


Please try to ignore my reflection in the screenshot

Auditor #9 wrote:

youngdan wrote:

The knowledge that deflation is coming is a tremendous advantage. You just sell everything and buy back later at a fraction. If land you sell your 1000 acres and when the price falls 80% you can buy 5000 acres with the same money. Even better with stocks as they fell 95% during the depression.

The insiders can buy up the world with this con-game and have done so.

Forget about these billionaires in Ireland as well, they are just riff-raff. Compared to the wealth of the real rich they are pikers. Prince Charles owns so much land that nobody knows how much

It's so evil that the mind is abhorred or repelled as someone said.

I think I believe that the value of money should reflect trade like in the Colonial Scrip. I don't know how this might be expanded though - if a trader is getting more business or I start up a business - how do I start up a business with Colonial Scrip? If I make a few babies am I inclined to go out and till more land to feed the feckers and this has trading side effects because I might create a surplus which needs the printing of money. I haven't any other examples of growth at the minute besides growth of population although exploration and adventure might be another, if not the quest for scientific and engineering knowledge. Anyway, how is the Colonial Scrip expanded when there's growth, assuming there's growth?

Note that Jefferson and Co. weren't fans of the Gold Standard either.


Please try to ignore my reflection in the screenshot

There is a lot of interest that can be learned about the Banking and Finance systems. It is a shame if the interesting stuff is muddied up with re-heated old anti-semitic conspiracy theories that have been around a hundred years. http://www.ynetnews.com/articles/0,7340,L-3303377,00.html

There is no handful of evil geniuses manipulating the otherwise perfect financial system for their own sinister ends. There is a disfunctional system in which people look for more and more extreme and risky means of making a profit to compensate for the tendency for the rate of profit to fall.

I think I'll suspend my disbelief about the Jewish conspiracy while I'm absorbing this Money Masters show - it's one of the only ways I can enjoy history - if there is a big bad guy.

While I was reading the History of World War II, I found it useful to be of the same mind about there being a big bad guy. Then they go and lose in the end

I still think that the money supply needs to be grown and that interest represents that growth ... Why there is one rate of interest when there are different rates of growth in different types of sector and some sectors even stagnate could be an important question - is there growth in apple production other than population growth I wonder? Culture is also responsible for some growth not to mention fashion; for some people it is necessary to have some fashion item for some reason so they are compelled to go out and buy it and now they have the new one and forty old ones at home but can only wear one.

If there isn't a Jewish conspiracy Board out there somewhere, there is a crowd of evil ones out there dreaming up 'to die for' fashions ... why?

Audi. You are drawing an incorrect conclusion from that quotation. The revoluyionaries wanted their own currency because they did not want to pay interest to a central bank like we do today. They wrote into the constitution that only gold and silver were to be money and they did not want the bankers to have a Central Bank. That is why it took the bankers almost 150 years to set one up.

Forget about the Jews as it will only confuse the issue. Those who the conspiracy people blame are not Jews at all but Khazars http://en.wikipedia.org/wiki/Khazars

youngdan wrote:

Audi. You are drawing an incorrect conclusion from that quotation. The revoluyionaries wanted their own currency because they did not want to pay interest to a central bank like we do today. They wrote into the constitution that only gold and silver were to be money and they did not want the bankers to have a Central Bank. That is why it took the bankers almost 150 years to set one up.

Forget about the Jews as it will only confuse the issue. Those who the conspiracy people blame are not Jews at all but Khazars http://en.wikipedia.org/wiki/Khazars

Ok, I was partially dopey just after that screen quote above of Jefferson's where the programme starts to discuss introducing gold as a backing. I'm sure it all went pear-shaped for them with that too - this was back in 1776 or something and they were enlightened enough to know that it was enough to print their own money (I've just seen how Lincoln asked one of his Army Colonels for advice on getting money to fund the war when the bankers were offering 24%-35% loans . The Colonel said: "Print your own interest-free money, Abe". And so the Greenback was born)

I'm sure the Gold backing broke their bollixes as well though - maybe it became fractional-reserve fairly quickly again...

youngdan wrote:

Audi. You are drawing an incorrect conclusion from that quotation. The revoluyionaries wanted their own currency because they did not want to pay interest to a central bank like we do today. They wrote into the constitution that only gold and silver were to be money and they did not want the bankers to have a Central Bank. That is why it took the bankers almost 150 years to set one up.

Forget about the Jews as it will only confuse the issue. Those who the conspiracy people blame are not Jews at all but Khazars http://en.wikipedia.org/wiki/Khazars

That was interesting youngdan. So what is the conspiracy theory ?

Audi. I have not watched it in a while so I don't know in what context the quotation was used in.

The Colonel was smart. Abe needed cash. He did not have gold and the thought of borrowing at high rates was unappealing. He just printed dollars and said they were worth a dollar. The people took them at face value. So Abe kept printing and of course they eventually became worthless. The thing is they were worthless to begin with.

Today The Treasury could do the same thing and be successfull as long as they did not overprint. They would save about 500 billion a year because they would not pay any interest as they would not be borrowing from the Fed or investors. The value of the money would be the same as the dollar bills in use now, that is nothing, but the public would take them just as they do today with the Federal Reserve Bills.

Kennedy decided to do this very thing because it is what is called over here a No Brainer. In his case it was literly true because they shot his brain out. The bills that had made it into circulation were quickly withdrawn and they are hard to find today.

youngdan wrote:

Kennedy decided to do this very thing because it is what is called over here a No Brainer. In his case it was literly true because they shot his brain out. The bills that had made it into circulation were quickly withdrawn and they are hard to find today.

It's hard not to think of Kennedy When you know those coincidences between Lincoln and Kennedy and I was thinking of Kennedy last night. It's another coincidental similarity if Kennedy wanted his own money printed - did he? Was there a name for the currency? Another coincidence to add to the list.

I read somewhere about 10 years ago that it costs the American Treasury $90 billion just to print their money ... I always wondered how it could cost so much just to reel off paper out of a printing press but now I know that it's mostly interest on the circulating money (which has gone up since since).

So far this theory is very compelling and it all hangs on interest rate manipulation and control over money supply. We should see these effects in the ECB too shouldn't we? i.e. prices being manipulated through deflation so the Conspirators can make themselves richer or could there be competing families of conspirators?

All this would make you either want to join the Amish community or buy that gun and join the Militia of Montana. Surely communities in the States and elsewhere could organise themselves and print their own money?

Auditor #9 wrote:

youngdan wrote:

Kennedy decided to do this very thing because it is what is called over here a No Brainer. In his case it was literly true because they shot his brain out. The bills that had made it into circulation were quickly withdrawn and they are hard to find today.

It's hard not to think of Kennedy When you know those coincidences between Lincoln and Kennedy and I was thinking of Kennedy last night. It's another coincidental similarity if Kennedy wanted his own money printed - did he? Was there a name for the currency? Another coincidence to add to the list.

I read somewhere about 10 years ago that it costs the American Treasury $90 billion just to print their money ... I always wondered how it could cost so much just to reel off paper out of a printing press but now I know that it's mostly interest on the circulating money (which has gone up since since).

So far this theory is very compelling and it all hangs on interest rate manipulation and control over money supply. We should see these effects in the ECB too shouldn't we? i.e. prices being manipulated through deflation so the Conspirators can make themselves richer or could there be competing families of conspirators?

All this would make you either want to join the Amish community or buy that gun and join the Militia of Montana. Surely communities in the States and elsewhere could organise themselves and print their own money?

This seems to be a "privatisation" of money supply - same on a grand scale as us paying private companies to collect our tolls from the M50.
Do you know if the same applies to the ECB? I had assumed that it was not private.

cactus flower wrote:

Auditor #9 wrote:

youngdan wrote:

Kennedy decided to do this very thing because it is what is called over here a No Brainer. In his case it was literly true because they shot his brain out. The bills that had made it into circulation were quickly withdrawn and they are hard to find today.

It's hard not to think of Kennedy When you know those coincidences between Lincoln and Kennedy and I was thinking of Kennedy last night. It's another coincidental similarity if Kennedy wanted his own money printed - did he? Was there a name for the currency? Another coincidence to add to the list.

I read somewhere about 10 years ago that it costs the American Treasury $90 billion just to print their money ... I always wondered how it could cost so much just to reel off paper out of a printing press but now I know that it's mostly interest on the circulating money (which has gone up since since).

So far this theory is very compelling and it all hangs on interest rate manipulation and control over money supply. We should see these effects in the ECB too shouldn't we? i.e. prices being manipulated through deflation so the Conspirators can make themselves richer or could there be competing families of conspirators?

All this would make you either want to join the Amish community or buy that gun and join the Militia of Montana. Surely communities in the States and elsewhere could organise themselves and print their own money?

This seems to be a "privatisation" of money supply - same on a grand scale as us paying private companies to collect our tolls from the M50.
Do you know if the same applies to the ECB? I had assumed that it was not private.

What do you mean cactus - the Militia of Montana printing their own money is privatisation? The Fed interest rates must be open to public lobbying from senators and congressmen - as the ECB rates are??

I'm not sure I disagree with the idea of interest just yet - wonder how Keynes felt about it all? Did he advocate a public central bank or private or did he care? I think he saw it as a mechanism where there wouldn't necessarily be profiteering so a public system might be more in tune with his beliefs. For him, control of the money supply through interest rates (and later with tax) was a way of smoothing out boom and bust cycles which should have happened here with the building boom. We might have drawn it out for longer and ended up with higher building standards (and more evenly-spread development with better supporting infrastructure) had we applied good old Keynesian policies.

But now it seems we're in bust cycle again. One guy on the Property Pin has as a sig motto a quote of Tom Parlon's which says "falling house prices is in nobody's interest" ... which says a lot

Falling house prices is in everyones interest. A vital necessity of life and the cheaper the better