The Polished Turd Conspiracy
Imagine you are working hard for your money, digging for gold with the other miners. The precious metal can be used to acquire goods and services so you toil your days away, mining for the precious metal that pays your bills. It’s hard work but you’re doing okay.
Then, you hear about a new metal in circulation. The corporate lizards are saying that their new metal is better than your gold and it’s worth more. You might have to pay more now for goods and services because they can also be acquired with their new mystery metal.
It’s a Wall Street product.
It’s reported the value of their metal is increasing exponentially. It’s worth so much more than yours now, they say, and keeps increasing in value, that you start to worry. The price is going up so fast that you come down with a bad case of FOMO, and you decide to invest in their product to calm your fears of missing out on the easy money.
After a closer look, you begin to realize that you have been spending your money on polished turds. It’s not gold at all. It’s not even metal. It’s not even really worth anything. Despite the extensive efforts spent to polish the turds, they have no value excepting that you paid for them.
Your polished turd investment now relies on the success of the shady turd-exchange. The value of your turds must continue to increase, or else you lose your money. You hear that everybody else is getting rich polishing their turds to sell at the exchange.
So you buy a sophisticated dual-use turd polishing system and start polishing turds yourself, professionally. You become a turd polishing expert and it starts to pay off.
You start to earn more turds.
The turd polishing proves that the turds have value, they say. Surely, something as innovative as a highly polished turd is proof enough that it has value.
They call that, “proof of polishing”.
The polishing proves that the value comes from work. It’s just like mining for precious metals, in a way, they say, except that the computer does the work.
Polished turds will revolutionize currency and the way we transact commerce, they say, someday. So take a chance and invest.
You have plenty of disposable “fiat” gold, due to loose monetary policy, so you buy more and more turds and their value increases. Your turd-wallet is growing fat with turds and all is well.
But then the turd critics become suspicious. They contend that the turd polishing process stinks and it is also unfriendly to the environment, so it should be ended. The public begins to dislike the turds.
The lizards say no problem, their technology is flexible. The turd value validation process from polishing will now simply be replaced with proof of turd ownership. Those who own the most turds will validate new turd transactions from now on. They will keep a small piece of turd for themselves, from each transaction, for their validation efforts.
So your turd polishing expertise is now obsolete because the turd value validation process is coming to and end. It turns out the turds are just as valuable even if they are unpolished.
You decide to sell your turd polishing hardware. No problem, you say. You still have faith in the value of your turds, polished or not.
If everybody keeps buying and selling the turds they will continue to increase in value, like our stock markets. Traditional markets are suspiciously similar to the turd-trading exchanges, and collectively they now continue to crash.
If you can’t sell your turds, you will have lost your money. The volatility of your asset values are a gamble and you never know just how low your turds can go. So you buy and hold.
The lizards say buy and hold.
Then overnight, the value of the turds drop exponentially and your turd investment is now “underwater”, with the potential to becoming completely worthless. It turns out the turd exchange place was unregulated and the lizards took off with all of your gold.
Now you are left holding a bunch of polished turds that have no value. All you can do is hope that the government will step in and regulate the turd exchange to give the other lizard investors confidence that the value of their useless turds will one-day return. Maybe when the easy money returns, the value of your turds will as well.
If the exchange is regulated, they say, maybe you can get your money back, someday, during the next cycle of the ongoing, but now regulated scam, of fluctuating turd values.
The turd exchange is so similar to the stock-market it doesn’t matter to the lizards that there’s no underlying value to their turds. There’s no problem with the turds, say the lizards. As long as they can profit from the volatile margins between turd buyers and sellers everything will be fine. That’s how the lizards roll. That’s how they make most of their money, trading fluctuating turd values, guaranteed by the taxpayers.
The problem, they say, is that the lizards at the turd exchange were fraudulent actors. They ignored all the standard exchange protocols and violated all of the laws that regulate investment exchanges.
We have a fraud problem here, committed by bad actors, they say, not a turd problem. The turds are fine. They are just like other investments, but more profitable. Turds are a safe bet.
In reality, the lizards merely leveraged themselves so much disposable income that they could afford to start an industry of polished turds and take people’s money on the hype that the turds would be worth massive amounts of money someday.
You can create a turd economy if you throw enough money at it. And that’s what we did. We pay people too much to do a bunch of crap and they invest their disposable income into the markets, speculating profit bubbles until they burst. The resulting crash is the transfer of wealth from the unsuspecting investors that work, to the institutionally over-leveraged “market makers” that don’t, and their shareholders. Wall Street cashes in their commingled chips causing many investors to sell in a panic. The lizards buy back in for the low. Then the government injects more public debt into the markets and we start the cycle over.
The extraction scam is what the lizards do for a living. We throw public debt at the scam to make it profitable for them. But it never is for the public. The government chooses to print money causing inflation rather than tax the scam.
The turd exchange works like musical chairs, or the old hot potato game. The music plays and the hot-potato gets tossed around until suddenly the music stops. The turd values drop and the potato has nowhere to sit. You lose. Turns out you were the potato in this game, and the lizard controlled the music, so the game is rigged, by design. They call it “unregulated”.
Those who have stolen your money hyping the turds, now want their scam to be regulated, to validate their future turd scams. And now, so do you. Now that you are invested in their turd scam you are motivated to perpetuate it. It’s the easiest and laziest way to make money, they say, and that’s exactly what you want to do, for a living, make money managing turds. The industry is so profitable and so fun it’s hard to believe you can actually generate revenue trading turds.
But, there it is.
Polished turds are the future of the world, they say. The polished turd scam will prevail whether we like it or not. That’s how innovative the polished turd technology is, they say. Don’t get left behind.
Millions of people are knee deep in the polished turd industry now, evangelizing the beauty of the new value. They are trying to establish their turds as a currency, to be exchanged in the economy alongside your hard earned money.
In the end it was all a scam. There was never really any turds at all. There was no polishing of the turds. They were all just virtual assets with no underlying purpose, except as a token vehicle to buy and sell in order to make profit from the market of fluctuating values. The scam was only profitable due to the disposable income leveraged for the establishment to spend on itself, by the authority of the emergency borrowing powers they bestowed onto themselves.
Let them buy turds. The turd reserves are bottomless.
The profits came from public debt. The debt represents the goods and services that would have otherwise been available and provided to the public in an honest democracy. That money went to the establishment.
If we had a representative government protecting the public the leveraged debt would provide ethical growth for everyone, not just massive profits for establishment lizards, like the FTX kids.
The Largest Ponzi scheme in history.
I don’t really care about the crypto-lizard FTX kids, specifically. It’s clear to anybody with a half a brain that they could not have done this crime without a lot of corrupt collusion from the establishment lizard authority. Their power is derived from judicial dereliction and the unethical legal interpretations by our confederate courts.
Our entire economy is a conspiracy, imo. Anybody who can afford to invest in crypto deserves to be taxed for that same amount. Their crypto should be confiscated and any value deposited into the social security system to ensure an adequate retirement plan for the public. We need a senior citizen safety net.
We don’t need lizard overlords.
The purpose of a representative government is to ensure the common good by enforcing ethical law, which includes taxing massive profits properly. We don’t do that here. We say our system provides for unlimited profits to those who can earn them, by legal means, while they extract their fortunes from the public, illegally, by corruption and judicial dereliction.
The scam is allowed and institutionally missdefined to pretend that our monetary practices are within the constraints of the law, when they’re not, and that our policies benefit the public, when they don’t.
Our monetary policy benefits our lizard overlords.
The office of legal council believes and defines corruption as technically legal and the Supreme Court has ruled for a buyer beware economy.
So it’s up to you. You must not only beware of being scammed, but also, you must stop the scammers yourself, as well.
The law ain’t gonna do it. It’s up to you, they say. They’re not into prevention. Much like our health care system, our judicial system is a reactionary practice that profits off of its own relevance, to the public. The more you need them the more money the establishment makes.
So it’s up to you, they say. And you ain’t gotta chance. The system has been designed that way or at least it is being interpreted that way, as “free”, so that the robbery they call our economy can be maintained.
Publicly mandated private profits go to the establishment and the global lizard elite, instead of benefiting the domestic population, like would happen in an honest democracy.
The disinformation about inflation has become cartoonish from the professionals. They get paid the big bucks to keep a straight face while lying to you in corporate harmony, about the need for an economic recession to combat inflation.
The lie is quite absurd.
I heard the pundits rationalize that inflation is caused by your mindset. It’s a self-fulfilling prophecy based on your fears of scarcity and poverty. You did this, they say, because you were given too much money relative to your contribution to the economy. Now they want their money back, again. It’s a cycle of leverage and extraction.
The billionaires have taken over. They make untold fortunes for their contribution to society. They have declared themselves owners of production. They hold the deeds. They have monopolized profits for themselves, moving forward, and socialized their expenses by invoicing the public, with taxes.
The result of our economic policies are a matter of mathematical fact regardless of who says what. It’s merely a matter of how ethical that result is, and most people don’t know, or care. The inequality continues to grow, seeding a billionaire class from public debt, further dividing the population, economically, into owners and workers, royalty and peasantry, masters and slaves.
That’s the plan. The confederate lizards will once and for all crush the spirit of the American Revolution through privatization, extraction, and inflation. And they will call the freedom to oppress the public – liberty.
And they will be applauded.
Their financial supremacy in the hierarchy of money that serves as our democracy, will be unstoppable. Global lizard incorporated is designing a giant monolithic monopoly to sell shares to those in political allegiance to their unethical and antidemocratic ideas of corporate governance. It’s an ideology of greed.
Rather than regurgitate the absurdities that everybody already “believes” about the Fed and how interest rates are their only tool to reduce inflation, I’ll just briefly remind you of the money printing and how we could have taxed fat cats for it, and explain again how inflation is a tactic by an institutional adversary to sustain financial domination, over the voting public.
That national demise is intentional. The national demise is the loss of our democracy by economic inequality and that’s what’s happening.
Our monetary policy has been used to create massive inequality to sustain the financial supremacy of those that control the policy.
That’s corruption.
Monetary authority needs to be an elective office, directly accountable to the public through federal elections. The congress contracts our public monetary authority to a contractor, because they don’t trust themselves, they say, suggesting they might do what their contractor just did.
The government didn’t want to guard the treasury so they hired the job out to their colleagues, who robbed it. They had to loot the treasury or return their overcompensated incomes to the public. They took the money in order to cover their obscenely absurd market gains and bonuses. They declared their excessive profits and invoiced the public.
They looted the public treasury by public policy.
The purpose of monetary policy is to stabilize the value of our currency and to maintain employment for economic growth. The establishment failed on both counts without apology. Employment is as volatile as our money is now, they say. We need a recession to correct the easy money policies we have practiced for decades, that made us rich.
We have been looted.
The results are self-evident. Whether the disfunction is intentional or not the result is the same and so is the remedy. The problem is the establishment is against the remedy. They have legislated financial supremacy for themselves fair and square and they intend to keep it.
The remedy to the problem is a new apportionment act that recognizes money is representation, not belief. And that our congressional delegations should begin being apportioned by tax brackets and blah, blah.
I’ve noted the remedy elsewhere. Back to the problem.
Quick recap of what happened. The economy has been given emergency money made possible by the fed, who have unlimited credit to spend, for the public. The pubic has borrowed and spent enough money to cover the ongoing economic emergency for decades, to birth the billionaire class.
With the QE and the stimulus packages, and all of the government spending to float corporations, the cost to the public to finance the scam was what? Twenty trillion dollars? Give or take in the last fifteen years. All of the money spent by the government trickles back up to shareholders, so they have the incentive for more and more government spending, while pretending to be against it. They’re not,
They’re for small government, they say, as the welfare trickles up into their investments.
The establishment has made a fortune from public spending in the last few years. The money printing and borrowing causes inflation for everybody. Inflation invoices those who can afford it least.
The lizards can afford it.
Asset values are declining now and the lay-offs are being announced. We’re heading for a recession, they say, due to the quantitative money tightening policy. After decades of pouring zero percent loans into the ever-rising markets, they have decided to cool off the economy by raising interest rates. It’s just a cycle, they say. It was great while it lasted.
They don’t know how deep the recession will be, for the public, or how long it will last, but they need to take their money back now to prevent higher prices. They were too loose for too long with their easy money policy. Now that they’re rich, you will need to be laid-off to ensure price stability.
That’s how our system works.
In order for those who made fortunes from their investments, to keep their fortunes, millions will now lose their jobs. That’s how we do it. The method of money creation is a scam. It should never have been legal in the first place. I contend corruption was the original intent. And that it has succeeded. And now saturates our economy.
Everybody’s doing it.
I’ve got a great idea. Let’s start a bank and everybody can give us their money. We will invest it for them and make a good profit for ourselves, and give the depositors a good return. When that plan fails, and of course it will, because our profits always outpace their growth, the public will bailout our losses with public debt. The process can turn losses into profit.
The idea can turn turds into gold.
The moral-hazard of the idea proves that banking should be a government function accountable to the voters. It should not be private.
Banking would not be a private profit function in an honest democracy. Neither would healthcare and education. They should be government services provided to the public as necessary, just like the military and the police are, or space travel.
Back to the idea;
Then we’ll have investors commingle their money into our over-leveraged assets and we’ll crash the values, for a profit, for us. Then we’ll take our profits from that crash and start a new currency, and trade it back and forth, in our own markets, for never-ending profits, by exchanging values for more and more money, fueled by the perpetually extracted taxpaying public. It can’t fail.
It’s so synergistic. Aren’t we clever?
The growth of workers and consumers coming into the system will ensure the sustainability of the profits for us. As long as people keep giving us their money the plan will continue to work. The pyramid of profits will continue to grow. If our profits stall, we’ll just keep adding more and more public debt as necessary, as has happened.
That’s what we did.
Once the investments can no longer sustain the profits from growth, we’ll start a new market, with dark money, and call it crypto. Our ill-gotten gains from previous scams will be the seed money for the largest financial fraud in the history of the world.
What could go wrong?
First of all the plan can only create profits by creating more public debt. So it’s a political crime. The profits come from inflation and borrowed stimulus, and from other unethical derivative means, like counterfeiting or speculating.
Secondly, and more importantly, these examples of investment banking fraud make clear that banking, like our monetary policy, should belong, as intended, to the congress, that is representative economically, comparatively, to the public.
Monetary policy should be democratically elected and judicially accountable to the public for their actions. That’s how we should do it.
We should do that.
Currently, we subsidize excessive private profits for some, with public debt, which should have always been illegal. Our policy is now in need of a massive correction. We need action by taxation for the sake of fairness and justice for the public.
Instead, the dark money, will hide from taxation, offshore, and laundered in unregulated exchanges, waging war against the dollar to devalue our purchasing power and further undermine our democracy. And we are doing it to ourselves.
It’s what we do.
When the economy is stimulated by the government, with public money, to ensure consumers can afford to survive, all of that money eventually is spent by the public to profit the global monopolies of the conflict-based economy, and their shareholders, who have financially abandoned the public by monopolizing growth.
The bipartisan establishment has printed money for decades in order to cover the excessive gains on their private profit investments. That’s not growth, that’s inflationary counterfeiting that profits the establishment and penalizes the public.
For instance
President Biden has forced the railroad unions to cave on their demands for sick days. It is another perfect example of the establishment pretending that we’re a capitalist free market economy while the government intervenes to protect investor profits. The government overruled the union for investor profits, as usual.
Our entire financial system should be democratically accountable and reconciled for ethical balance, but it’s not. It’s a bipartisan scam that illustrates that the political divide is not republican versus democrat, it is the establishment versus the public and the public is being abandoned, financially.
It’s the money that matters
The value of the public’s money is being extracted from the dollar and moved into the the dark money world of crypto-currency. The dark ledger grows fat with corruption while the old world currency loses value by extraction.
Asset values have collapsed and the money has “vanished”. Law enforcement pretends they don’t have the authority to police financial crimes. In reality, the crimes are legal by current interpretation.
Is crypto a commodity or a security? The answer is that it’s neither. Crypto is software. The authorities say they have no jurisdiction because they just don’t know what it is. They haven’t gotten the guidance, they testified last week. The result is crypto, the biggest Ponzi-scheme in the history of the world, goes unregulated, and moving forward to normalization after stealing money from all the suckers who invested in it last fall, after the MSM shamelessly pumped up the value of that crap with commercial free programming in prime time. Crypto was totally hyped by the corporate powers right before the great crypto-dump of 2022, where 2/3 of crypto value disappeared into the global ether of cyber-wallets. The real money vanished.
Buy and Hold
Right before the big crypto crash MSM was pumping the crap out of crypto. It was a well-orchestrated scam to get the masses to invest in the pyramid scheme. I just heard some disinformation agent testify that as many as ten percent of the population has invested in the scam.
The main point about crypto is that it is merely a software product. It’s not money, it’s not a security, and it’s not a commodity.
Crypto is software and’s that’s all it is. It has no place in an index with other currencies yet there it is, bribing it’s way in, to establish that the value it proclaims to have is real, when it’s not.
It’s no wonder crypto is featured prominently on google finance. Their synergy of privatization reeks of self-interest and anti-democratic collusion by the confederate establishment.
Google, like twitter, and all of the other basic functionality that a computer system can provide should be made available to the public by the government, as a commercial free non-profit utility. If the government provided a citizen network, free from commercial profiteering, as they should, the ability of Google’s shareholders to make absurd profits, from “their” software, would end.
The authorities are considering what path they should take to best regulate the crypto scam. The irony is the scam has been illegal all along but practiced as normal. Crypto is the perfect example of a pure and potent corruption. Crypto should be abolished completely. Like other crimes it should be outlawed. Instead, the authorities claim no jurisdiction as justification for the dereliction to do their duty to enforce the law. They are complicit.
It’s up to congress to determine if the crime is a security or a commodity, they say. This is the organization that can’t even legislate itself the authority to enforce a subpoena against being overthrown. They’ll decide how to best regulate the crime that just occurred so that it might be considered legal and normal, moving forward.
The irony is the Crypto-turd crime seeks regulation for validation. Like a masked intruder entering the economy, seeking approval as it takes your disposable income, to invest, in them. If they can grow within the economy, of disposable income, you will also profit from the scam.
Corruption is the best investment.
But the Fed is cutting off the disposable income now, they say, which proves our free-market economy is actually a publicly subsidized extraction scam, disguised as an economy.
Our economic policy is actually corporate welfare paid for by the government and if the government cuts off the hose of money that the public spends, as it supposedly is doing now, our free-market capitalist system will collapse, or at least shrink into recession to reconcile previous profits on the backs of the working poor.
They took everything for themselves and now they own it, so you’ll need to work for them, to survive, and give them a cut of whatever you make, or buy, from now on. That was their idea. They own it.
You can invest in that.
You can’t actually make much money making people make cheap products, so the markets profit from the margins. They make money on fluctuating asset sales, at hyper speed. The practice doesn’t produce any tangible good or service to society. It makes money by buying low and selling high, over and over.
Asset values have been crashing lately. It doesn’t matter what they cost, the values are incidental to business. Asset values can always go up or down. Your assets could be worth nothing, we can’t be sure. Which proves the system itself is a fraud. Security valuations are as arbitrary as our laws are, or at least the ones we decide to enforce.
Investors are warned when they sign up that there’s no assurance the system is not a scam. The meaningless valuations prove there’s no inherent value in the asset in the first place.
The value of a company’s stock has very little to do with the actual functionality of the company, or their performance. The security is bought and sold merely as a means to get your money. There is no inherent value in securities, period. It’s a scam and always has been since the early days of the stock exchange. Every dollar earned by ownership comes from workers getting less or consumers paying more, and the owners got rich. The investors got rich.
It stands to reason, If the owner/investors made as much money as they have, then the consumers couldn’t have afforded to buy their products. So their profits don’t come from growth or sales, they come from illegally allowed leverage pretending them the profits they claim to make. They claim our debt as their profit.
Recessions come from the public being forced to reconcile establishment profits that were generated from the leveraged public debt. Debt that we still have and by contrast, wealth they still have. The necessary correction is self-evident.
We are thirty some trillion dollars in debt now, they say, with a straight face. It’s hilarious, in a way. As if our public debt isn’t proof positive that our economy doesn’t work, for the public. The lack of debt reduction is an ongoing theft against the public.
It has been reported that another eighty trillion dollars is missing from the bank of international settlements. It’s just gone. Who knows where. It’s off the books though, so that’s cool, they say.
If you add the debt and the missing money together we can estimate the extraction of profits is well over $100 trillion. Contrast that with those who will need to reconcile that by paying taxes on their labor and sales and you have the most historic accounting fraud in the history of the world. Those who took over 100 trillion from the taxpaying public have also stuck taxpayers with over $100 trillion in unfunded liabilities.
Here’s two articles discussing the profits from public debt.
The National Debt tops $30 trillion.
The Bank of International Lizards:
BIS $80 Trillion Missing Money:
https://www.reuters.com/markets/currencies/global-markets-bis-urgent-2022-12-05/
They used that money to corrupt our political system and to protect and defend the scam. The scam against the public could be ended simply by reducing the public debt to a point private wealth could no longer afford to buy our elected officials.
We’ve just passed the midterms in 2022 and now we’re heading for Christmas. MSM has been teasing the notion of justice for two years now, for the political crimes of the previous administration.
The Dems lost the house. A hundred or more reps who refused to certify Biden as president were re-elected. So the insurrection against our capital was okay with most of us, apparently. It really doesn’t surprise me. The public is saturated with empty heads in search of endless entertainment. The need for more money is very instinctive.
The highly paid punditry endlessly gossip about what might happen and what should happen. They’re paid to rationalize the normalcy of the highly abnormal corporate narrative that dominates our concerns. The narrative is so superficial and irrelevant to political solutions it should make even the most pseudo-intellectual minds among us blush and turn away, imo.
But, nobody seems to notice. The never-ending parade of pharmaceutical commercials that sponsor our “news” and endlessly repeat the side effects of their drugs, goes on and on. Side effects might cause nausea and diarrhea and a dozen other unspeakable things you don’t want to think about, but there it is, over and over again.
You can quote me on this,
Those in government, empower the billionaires to control the economy, and to pick winners and losers in a trickle down bribery scheme, for political allegiance and loyalty to the scam.
The privatized government rewards obedience to their hierarchy of money. If you are a political ally your Main Street organization will be rewarded with corporate contracts, for goods & services. They can afford to subsidize your success in the “free market” for your political loyalty. If you are a political adversary they will subsidize your competition in order to put you out of business. So your success depends on your allegiance to the scam.
Resistance is required.
The goal is to force you to work for somebody with political loyalty towards the corporate social security system. They prefer unlimited dark money and the private funding of political campaigns, to control our government and sustain their scam, legislatively, against us, for money, our money.
Money earned working on Main Street.
We have an adversarial subculture hell bent on controlling the law to prevent democracy and to maintain the extraction scam in their own favor, for their own economic benefits. More public debt equals more private profit.
It’s called the squeeze.
We have an economic system where companies pay dividends to investors from the profits extracted from public policy. That’s the system we have now, costing taxpayers over a trillion dollars a year.
Our current corporate government collusion profits investors simply by extracting wealth from taxpayers. Their profits are based on the full faith of their no limit credit card. The card is about maxed out, they say, so there’s nothing left for the public, but invoices.
Investors have made a fortune on public debt. They call it “trickle-down” but it’s really an antidemocratic conspiracy of nepotistic privileges, based on the hierarchy of money and violating the law. It’s a political crime in progress.
It’s like a monarchy here. It’s a system of the few preventing the democratic potential of the many. All of the intelligence and technology is being used to suppress dissent and to maintain our current course.
It’s the establishment against the public.
The establishment interprets and litigates the law to their own advantage, to protect and defend the scam. The scam prospers them unfairly, compared to the never-ending squeeze they legislate against the public. The illusion of a representative government is an act of faith based on ignorance, and practiced by nearly everybody, in the establishment. They are true believers.
Money is representation not belief. What you believe is incidental to freedom. Money is the measure of our freedom and freedom is self-representation with comparative choice. That’s what freedom is, regardless of what you believe.
Democratic success should be measured mathematically, by wealth distribution, and decided democratically by voters. Increasing inequality is democracy failing. Reducing inequality would be a democratic success. The success of a democracy is measured in the degree of the inequality that is allowed.
The government taxing corporate lizards and the like should be mandated by law to end the deficit and reduce the debt. That would be a democratic success, mathematically.
Poverty should be ended, literally, for everyone. And the services that have been made scarce, to maximize private profits for investors, should be nationalized. That includes health, education, and energy.
We need to train a generation of antitrust attorneys who will litigate corporations into submission, to serve the public. The government has the authority.
The Laugher Curve (intentionally misspelled) theorized that tax cuts would generate more revenue than increasing taxes would. It was a laughable hypothesis at best and still is. The results are in. A few guys own everything now, they say. The Laugher logic is an ongoing lie of massive proportions, sold as a plausible theory, when it’s not.
The establishment still clings to crap like that as much as possible simply because they don’t want to pay taxes. They’ll report the absurd as normal undisputed conventional wisdom even though it’s a lie. Their allegiance is biased towards their money being maximized and their taxes being minimized.
The economy is corrupt with fake money. We invented it, they say, it’s really complicated but trust us, the value is there. Here, buy some, the price is bound to shoot to the moon. We’ve got everybody in on this scam, accepting our new money in harmony with the old. Nobody sees a problem because anybody who understands the scam is probably making money on it, or has plans to.
To create an ethical and sustainable economy, simply peg the currency in circulation to the population of those participating in it. That way people could not earn money that didn’t exist. The value of the money would increase over time, instead of decreasing in value like it does now, by inflation.
If the amount of money in circulation is determined by the population of that economy, taxes would be required to reduce the public debt, which is the correction our economy needs now.
A debt based economy is a fraud perpetrated against the public by those that prosper from it. More public debt is the wrong policy. That’s what we do now. That’s where the money for the fraudulent profits came from in the first place, from the public debt.
Massive fortunes have been created by public debt. That same debt causes massive misfortune for the taxpaying public.
Monetary policy is backwards.
To end inflation we must end the public debt and tax massive profits properly, and retroactively. The public debt is what allowed for the leveraged-based profits in the first place. The creation of more money devalues our purchasing power and sustains preferential scams, like overcompensation, which increases inequality.
The public debt is a political crime in need of correction
Those who would disagree with that are confused, or profiting from the public debt. I wouldn’t believe them, if I were you. Our opinions are biased towards our incomes. Self-interest dictates our ideological disagreements. Our opinions are as stratified as our economy is. That’s because of the unchecked judicial dereliction to enforce the laws against corruption. That’s how crypto happened.
Corruption is Nepotistic.
Democracy is an attempt at creating a government based on citizenship, and not relationships. A government by relationship results in unaccountable corruption, like we have now.
Our massive inequality is due to the democratic failure to prevent financial crimes. Financial crimes are political crimes and without correction of some kind, will increase the massive inequality that we have now into a national security emergency.
The recession is the scam. The socioeconomic design itself is a scam. The business cycle itself relies on theoretical economic nonsense. It’s a simple debt-based accounting fraud and it’s being perpetrated against the public as if it’s ethical monetary policy. It’s not.
Our policy is to allow some people to make outrageous profits for as long as possible. Then everybody else must pay back the over-leveraged and overcompensated profiteering, someday, with an economic “depression”.
Great Plan.
As if a civilized society with a representative government would create an economy with massive volatility and cyclical recessions in order to reconcile their bullish profits. Our economy is rationalized to the public as a mysterious ritual they can’t quite understand. Don’t bank your money, invest it, they say. The public will subsidize your profits, is what they don’t say, while they do.
Our work will reconcile their profits, eventually.
Ending inflation is necessary to create value stability for the currency used in our economy. That requires ending the massive debt. The entire debt should be clawed back, starting with those who have the most money.
The distribution of our currency and its value should be decided democratically by the participants of our economy.
We currently contract our monetary policy out to the geniuses who made a fortune looting this place. They just won a Nobel award for their brilliant idea of using public money to cover their insanely profitable ill-gotten gains. Oh, nobody’s ever had that idea. Give the man an award, they say.
The profiteers counterfeited more money than was available in our economy, to overcompensate themselves. They’re always printing more money to cover their ill-gotten gains. That’s what causes the inflation. That’s how they can make so much money for their administrative failures.
The establishment quadrupled the amount of money in circulation and now predict a depression. All of that new money means they don’t have to pay taxes on the billions of dollars they stole using their fraudulent business model, where they just give the public a bunch of money and it all trickles its way back up to them, the shareholders.
The profits are the problem. Our economy is a scam based on wealth creation through the administration of increasing public debt. That’s not an economy. That’s a bank robbery sanctioned by judicial dereliction. It’s a bipartisan extraction scam by the establishment against the public.
One more time.
The establishment looted the treasury, legally and administratively, by profit-taking from leveraged debt. Profits should be made by manufacturing something or by providing services to the public, not by invoicing the future. The lizards have made their money by simply assuming the public would “back-stop” their losses, and so far, they’re right.
They made their profits from speculating that the public would pay for their ill-gotten gains, with public debt. And they were right, we did.
Investor profits should be taxed to prevent public debt. Those who got rich should pay the public back by paying their fair share of taxes. I know I’m quoting Joe Biden there, but it seems to me the logical correction to our mathematical malfunction is decrease the divisions amongst people, economically, for peace and prosperity.
When the government covers the losses of private sector corporate market scams, that’s not capitalism. It’s the public paying for excessive private profit. It’s a strategy to steal money from the public, institutionally, as a business model, for economic advantages based on personal relationships. That’s not a democracy.