Speaking of spending, it appears Gaza will have a lot of money thrown at it for reconstruction. I was calling this conflict a redevelopment project from the beginning so this news does not surprise me.
Al
A most effective way to sterilize fiscal deficit spending is for the federal government to spend the money outside the nation’s borders. This strategy has at least three benefits.
First, by spending money overseas, the money is not retained within its borders and will not affect domestic price inflation.
Second, by spending dollars overseas, it helps to reinforce the USD as the global reserve and global transaction currency. Every instance that involves spending and accepting dollars outside the country helps the dollar’s standing around the world. This is especially true with war.
Third, by sending dollars overseas, the government facilitates the running of large fiscal deficits. As we can see, not every dollar is the same. COVID stimulus was a foolish form of deficit spending as all those dollars were largely spent within the nation’s borders, driving up price inflation. Most of the money spent overseas stays overseas.
As we can see from this logic, spending money on overseas fighting and detonating bombs is more effective for facilitating fiscal deficit spending and QE than building out domestic infrastructure. Under this method of fiscal deficit spending the world’s collective oligarch, the synagogue of Satan, can more effectively retain its grip on power, while simultaneously consolidating its wealth over the helpless and ignorant populace.
In George Orwell’s 1984, we indirectly see this logic explained by Emmanuel Goldstein who authored The Theory and Practice of Oligarchical Collectivism (The Book), a treasonous counter-history of the revolution that installed INGSOC and The Party as the government of Oceania and which slanders Big Brother as traitor of the revolution.
(Notice how this current collective oligarch employs a similar strategy with their purposeful injection of Donald Trump into the political debate. The “liberals” and Democrats blame Trump for every problem plaguing society, while Trump’s behavior concomitantly destroys any legitimate opposition to the multicultural Marxism that comprises the so-called left).
In Goldstein’s manifesto, he observes that a country that is productive will eventually become prosperous, unless something is done to destroy the fruits of that productivity. War is the ultimate solution to this problem.
According to Goldstein, war is a way of shattering to pieces, or pouring into the stratosphere, or sinking in the depths of the sea, materials which might otherwise be used to make the masses too comfortable with plenty of idle time, and hence, in the long run, too intelligent.
Moreover, all of this overseas spending will eventually be retained by the largest international corporations as profit. It doesn’t matter whether this profit is earned overseas or within the United States. The results are largely the same. Moreover, wealth and power consolidation can continue behind the scenes, largely unchecked.
The most effective way for the world’s collective oligarch to maintain its grip on control is to fight a series of costly and everlasting wars that never truly end. By fighting one overseas war after another, whether the war is real or imagined, the ruling powers keep the population under a state of constant fear and duress, while effectively controlling most domestic inflationary pressures and minimizing the chances for any true societal advancement.
Under our current monetary system, war and overseas spending are absolute necessities. The domestic population cannot advance.
Plenty of good insights on this blog. That house in Florida is just another great idea.
Business and economic reasons require being racist especially if the colored people hate you because you’re white. It is justified to be racist to protect yourself.
Speaking the truth never won anyone popularity contests in this age of deceit. Just ask Jesus about that. Your readers appreciate you. Thank you for having no fear and saying the hard things. The only one we should fear is God anyway.
Amen
What you write is hard to read sometimes. But your economic analysis has been spot on for the last 4 years.
It is interesting that the household survey jobs report comes in much weaker than the establishment survey. It is obvious that the establishment is fudging the jobs report to make it look much better than the reality. They are covering up a declining economy so Bidet can look better for election, but I think there is a more nefarious reason why they are concealing the declining labor market.
The household survey is droopy because sick and dying people drop out of the labor force. In addition, bosses lay off sick and dying people as they are no longer productive. Sick and dead people also do not participate in the labor force. The household survey looks really sick and is getting worse.
I see the effects of this on the street as customer service has gotten much slower and sloppier.
I see work effort being more careless. People who don’t feel well don’t care. Those who do feel well enough to work are not motivated as their real wages decline where their bills exceed their income due to inflation. Why get up in the morning when you cannot get ahead.
In addition, those who are well enough to work like myself have to take time off to care for the vaccinated sick family members around us. That also decreases productivity and adds stress to those who do feel like working.
would you attribute these numbers to the effects of the vaccine (both in the increase of gov’t payouts in the first, and the dropping of labor participation in the second)? Would you be able to give us more of your analysis of these numbers, as they appear significant, and I thought this time of year we would generally see an increase of labor participation, not a decrease. Thanks.
” At least with traditional slavery, slaves were well taken care of, with roofs over their heads, food, medical care, and clothing.. Owning slaves was very expensive and slave owners rarely abused their slaves.”
Not that anyone alive today has first hand knowledge, but I have heard this stated by a brilliant man older than me and believe it’s factually correct.
Dare not say this in public today – and in no way is slavery a moral concept according to Christian values – but thinking about slavery strictly from a business perspective, the statement above makes complete sense. A farm business owner does not buy a tractor and abuse it. He takes care of it so that it can continue to provide years of trouble free service. That I believe is how slave owners looked at slaves. They were also considered subhuman, but that is a moral issue, which is not the scope of my point.
Today all we hear is how blacks were abused as slaves but never the truth. That long told story has a larger agenda behind it (as we know). Institutions of public education are very valuable to those who benefit from class and race division. Those in politics pander to massive groups of people who are programmed to vote a certain direction based on the decades of falsehoods. It’s nothing more than sports team mentality. Put on your hats and shirts and go act like an angry ape in public. As Mr. Stone has stated, the money flows in favorable directions based on such fables and falsehoods.
And speaking of Fables and Falsehoods – that is, if I may jump off topic and recommend something for your listening enjoyment. This is an amazingly good album of some of the best original music I ever heard. I had them play at my last car show BBQ about 10 years ago. Give it a listen https://tumbledownhouse.bandcamp.com/album/fables-and-falsehoods
The property appreciation in the last few years really is amazing. How are you valuing the properties and determining what makes sense with the elevated pricing or are you able to get into these properties due to 1031 exchanges? From where I’m standing it seems like a small pool of property available and very high price in that area.
After covid, a lot of people moved to Mexico because apparently it was not as totalitarian as other countries with lockdowns and covid protocol, just like a lot of people moved to Florida for the same reason. I heard so much good at the time about the (now outgoing) Mexican president, like we did with DeSantis; the later showed his true allegiance to Isreal recently, and like most other prominent politicians, has hailed the wailing wall. The election of this new Mexican president makes we wonder if Mexico has become a honey trap as well.
I think Americans overseas will be thrown to the wolves when the rising anti-American sentiment around the world boils over. These overseas Americans will be attacked and the U.S. Government will leave them in the wind just like they do with domestic Americans. The U.S. Government does not care for their own citizens.
This is quite a surprise considering that Mexico is 80% Catholic and Mexicans in general are more traditional anti LBGTQ.
Also keep in mind that Mexico is notorious for election fraud and vote rigging. That said, then the election of a Jewish woman comes as no surprise. The SoS owns Mexico like the USA and Canada.
That is true. Most of the Latin American countries trend toward socialism and communism. They like the promise of free handouts as most are destitute.
It is a small wonder why Democrats in the US are all for open borders to these Latinos and fast track them to voter status. They are easy votes to keep the Democrats in power. All part of the plan. Trust the plan.
That was quite a surprise but communists are not new to Mexico. I wonder if this new president has a portrait of Trotsky somewhere? The same Trotsky (the Jew Lev Bronstein) who escaped to Mexico and was eventually killed with an ax to the back of the head. https://www.historytoday.com/archive/trotsky-offered-asylum-mexico
Thank you for your post here. Excellent analysis and you make it easy to understand. Armchair quarterbacks are know it alls, but make the worst financial and investment choices. You say this in a way that makes it sound ironclad and definitive. I have been listening to you for several years and have done very well, as I think you have, too.
Don’t listen to family members and people who send hate mail. They hate what you say, because they know you’re right.
This hits the nail on the head. I read 1984 and it seems to be playing out in real time today. Donald Trump is playing the role of Emmanuel Goldstein. The Democrats are the INGSOC party.
War is a convenient racket to keep the masses distracted in constant fear so they cannot see the bigger picture. War also impoverishes those caught in the middle like Ukraine and Gaza as their property and lives get shattered. It also impoverishes those not directly involved as resources that could be used to elevate living standards for the region instead get mis allocated to wars overseas that destroy the resources used in that war.
War is satanic in many ways as it promotes killing of innocent people and widens the gap between haves and have nots.