I did some calculations once and concluded "Every Inch of Texas, California, Oregon, And More, Are Needed To Supply Wind Power To The USA". Almost the same for solar. They are both obviously fake & gay. https://www.wmbriggs.com/post/36910/
In the 1970s, the American Economy officially decoupled itself not just from Gold, but likewise from the Henry Adams Curve (i.e., for Energy Use). What this has meant is that the Economic System in much of the West has (for the past 5-6 decades or so) been closed, thereby making speculation, fiat money 'creation' & related Con-jobs being the only remaining avenue for 'growth'... & so the wider society has hollowed out & will soon Hyperinflate into oblivion to compensate for these excesses...
Chris Martinson of Peak Prosperity has been hammering for years that there is a clear near fixed ratio of energy used to GDP around the world. Market Ticker guy/Karl Denninger has said the same. As Briggs said above, it's clear between the energy:gdp and the energy return on investment issues with renewables that renewables are clearly fake and gay.
This post also reminds me of the issue of usury, especially how the late Zippy Catholic tied it to not just what kind of loans could be done but that the whole monetary system in place is usurious since it produces money out of thin air rather than on real savings.
Speaking of, lets look at the four sins that cry to heaven:
Catechism of St Pius X
8 – Q. Which are the sins that are said to cry to God for vengeance?
The sins that are said to cry to God for vengeance are these four: (1) Willful murder; (2) The sin of sodomy; (3) Oppression of the poor; (4) Defrauding labourers of their wages.
Baby deletion. Jibjabs for grandma. Alphabet soup +. Usurious loans, inflation and the entire monetary/banking/investment system. etc.
Don't forget that they've incentivized the poor to prop up the system of the rich:
401k's and automatically putting your money to them! Just do it! Employer match and tax deductible!
Pensions being all in on the stock market, despite now mostly being underwater, while being leveraged.
Most silicon valley jobs are paid with high amounts of stock options, which then are lent against.
The list goes on and on about how they use the slave class to prop up the wealthy through stocks. Meanwhile, we keep cheering on "Muh, Free trade! Freedom of Association and bartering!" while we get taken to the cleaners by unscrupulous actors that know what they're doing, and have the power to game the systems how they see fit.
Good article though. The Tree has tears to water it.
> Billionaires and mega-corporations borrow money at low interest rates against the value of their assets
Household debt through mortgages is actually a *huge* contributor to private debt (and the money supply), and that's how the system takes out the little guy and makes itself too-big-to-fail
BTW, although Jesus saying is indisputably descriptive of modern economies, what he actually meant was that those that have grace will receive abundance and those that do not have grace will lose what they have.
I know not really relevant to the point you’re making and not a criticism at all.
I think it’s quite relevant, but as a social-moral principle not an economic one: seek to please your master & you will be rewarded; act against him and you will lose what little you have. Whether this is Good or Tyranny depends on the master. And God is ultimately master of all, thus “entrust yourself to him who judges justly”
In the political-economic domain, there’s actually something to be said for dictators. Capitalism can degrade into packs of Oligarchs fighting to control everything (Isaiah 5:8?). Socialists replace this with one super state and thus enshrine the failure mode into the system. A dictator says “this is what I care about; don’t rock the boat”, which actually ends up with a lot of freedom & stability for everyone else as long as they can live with the dictator’s core goals
It's also describing "who dares, wins". The winners went out and tried to spend the money to make money while the loser hoarded it in fear, which is part of the 3% real growth of the economy modeled. Spiritually those who take what God gave them and do more with it than they started with get more and those who sit on it indolently will lose it.
Economically just that dynamic, encouraging savings vs encouraging spending, has filled up books of arguments on both sides.
Yes, but there is a moral imperative to spend your money on the needy and be liberal and magnanimous with it when you are wealthy. To give to the common good, as well as to the individuals in need. The middle ages understood this, and the Church was always there to protect the poor and powerless; there were laws protecting the poor, giving them rights to beg, places they could congregate, etc.
Now it's common that they literally have no places they can go to the bathroom legally in many locales, no places to sleep, difficulty finding jobs, and can't legally beg. I understand that these laws are not enforced in many locales, but can you imagine what the world might be like if we actually had proper laws about the poor, and enforced them? Saw them as human? This is something that I've come to later in life, being 38 now, after going through my younger liberal days, my hardcore alt right days, and now finding a balance to try and see how we could make a world where people rule, people work, people live. Not laws rule, machines work, and houses live.
It’s not so much spending as investment and doing something with talents God gave you (preferably in service or in accordance to him).
In the immediate context it is discussing the knowledge and grace that the disciples received from Jesus and that it is not theirs to keep hidden but to share it with others so it multiplies.
As a final point, he did say to save your treasure in heaven where it doesn’t rot, so although we can certainly apply these principles to our secular lives (and should) there is another spiritual meaning to it, and as someone who tried, spiritual work is just as hard (if not harder) than secular work.
Interesting perspective. I am sure in the terminal sentence of the partial paragraph extracted below you meant to say "poor get poorer" NOT "poor get richer"...lol:
"The only difference between the left- and right-wing viewpoint, at least within what I call the “contemporary consensus” that defines our public orthodoxy, is in how one ought to feel and respond to the fact that the rich get richer and the poor get richer."
I did some calculations once and concluded "Every Inch of Texas, California, Oregon, And More, Are Needed To Supply Wind Power To The USA". Almost the same for solar. They are both obviously fake & gay. https://www.wmbriggs.com/post/36910/
Damn, it's worse than I thought!
"It then suggested that the crux of the problem was “economic inequality.”"
Ah, I see. The cause of economic inequality is...economic inequality!"
How could I possibly have missed that?
It must be because the false consciousness imposed by late-stage capitalism has fooled you!
Aha! I knew *something* was making my teeth itch!
Excellent and really important post. Great job.
Games can provide insight:
The game of Monopoly ends when one player ends up with all the money, rendering it useless.
When chess ends- the pawn and the king go in the same box.
That latter statement may give some comfort, but, personally, I need to see bad things happening to rich and powerful people.
In the 1970s, the American Economy officially decoupled itself not just from Gold, but likewise from the Henry Adams Curve (i.e., for Energy Use). What this has meant is that the Economic System in much of the West has (for the past 5-6 decades or so) been closed, thereby making speculation, fiat money 'creation' & related Con-jobs being the only remaining avenue for 'growth'... & so the wider society has hollowed out & will soon Hyperinflate into oblivion to compensate for these excesses...
The DOOM cometh...!
Chris Martinson of Peak Prosperity has been hammering for years that there is a clear near fixed ratio of energy used to GDP around the world. Market Ticker guy/Karl Denninger has said the same. As Briggs said above, it's clear between the energy:gdp and the energy return on investment issues with renewables that renewables are clearly fake and gay.
This post also reminds me of the issue of usury, especially how the late Zippy Catholic tied it to not just what kind of loans could be done but that the whole monetary system in place is usurious since it produces money out of thin air rather than on real savings.
Speaking of, lets look at the four sins that cry to heaven:
Catechism of St Pius X
8 – Q. Which are the sins that are said to cry to God for vengeance?
The sins that are said to cry to God for vengeance are these four: (1) Willful murder; (2) The sin of sodomy; (3) Oppression of the poor; (4) Defrauding labourers of their wages.
Baby deletion. Jibjabs for grandma. Alphabet soup +. Usurious loans, inflation and the entire monetary/banking/investment system. etc.
The West is batting 1.000.
Absolutely! I read both Denninger and Briggs regularly & have cited them both - great thinkers. I haven't read Martinson or Peak Prosperity though.
We are Switzerland -- with nukes. Lot's of oligarchs around the world -- no just Arab oil sheiks -- who need a safe place to park their money.
I also think frequently on how money is forcibly directed into blue chip stocks vs. new businesses. The truly small cap stock market is dysfunctional as all get-out, as anyone who invests in penny stocks finds out. https://conntects.net/blogPosts/HolisticPolitics/137/Wanted-a-Stock-Exchange-for-Democratic-Capitalism
As for the force component:
* Retirement funds are corraled into mutual funds
* Lots of endowment money and non profit foundation money parked in stocks
* Community banks cannot take equity interest in small businesses.
* Insurance companies also invest heavily in the big capital markets. We are forced to buy certain types of insurance.
* Until the USA JOBSs act, only accredited investors could make certain small business investments.
* But even with said act, it takes a lot of money to publicize and sell equity in new businesses.
And then there is the federal government artificially raising the low risk profit rate by borrowing terabucks per year.
It's almost as if there is a system in place that is working as intended for its beneficiaries
They win by default.
Outstanding poast good sir.
I never knew I was a LaRouchie, but here I am.
Don't forget that they've incentivized the poor to prop up the system of the rich:
401k's and automatically putting your money to them! Just do it! Employer match and tax deductible!
Pensions being all in on the stock market, despite now mostly being underwater, while being leveraged.
Most silicon valley jobs are paid with high amounts of stock options, which then are lent against.
The list goes on and on about how they use the slave class to prop up the wealthy through stocks. Meanwhile, we keep cheering on "Muh, Free trade! Freedom of Association and bartering!" while we get taken to the cleaners by unscrupulous actors that know what they're doing, and have the power to game the systems how they see fit.
Good article though. The Tree has tears to water it.
> Pensions being all in on the stock market, despite now mostly being underwater, while being leveraged.
The stock market is certainly better than the unfunded IOU's that is social security.
Really excellent work. Reading again. Woe is me.
Thanks!
Minor point on this:
> Billionaires and mega-corporations borrow money at low interest rates against the value of their assets
Household debt through mortgages is actually a *huge* contributor to private debt (and the money supply), and that's how the system takes out the little guy and makes itself too-big-to-fail
For sure. Good point.
The go-to answer for those spouting "If he worked hard and earned it, what's wrong with that?"...
Absolutely!
Day trade or die — Trump was a guaranteed 10% a day when he gave a press conference
BTW, although Jesus saying is indisputably descriptive of modern economies, what he actually meant was that those that have grace will receive abundance and those that do not have grace will lose what they have.
I know not really relevant to the point you’re making and not a criticism at all.
I think it’s quite relevant, but as a social-moral principle not an economic one: seek to please your master & you will be rewarded; act against him and you will lose what little you have. Whether this is Good or Tyranny depends on the master. And God is ultimately master of all, thus “entrust yourself to him who judges justly”
In the political-economic domain, there’s actually something to be said for dictators. Capitalism can degrade into packs of Oligarchs fighting to control everything (Isaiah 5:8?). Socialists replace this with one super state and thus enshrine the failure mode into the system. A dictator says “this is what I care about; don’t rock the boat”, which actually ends up with a lot of freedom & stability for everyone else as long as they can live with the dictator’s core goals
It's also describing "who dares, wins". The winners went out and tried to spend the money to make money while the loser hoarded it in fear, which is part of the 3% real growth of the economy modeled. Spiritually those who take what God gave them and do more with it than they started with get more and those who sit on it indolently will lose it.
Economically just that dynamic, encouraging savings vs encouraging spending, has filled up books of arguments on both sides.
Yes, but there is a moral imperative to spend your money on the needy and be liberal and magnanimous with it when you are wealthy. To give to the common good, as well as to the individuals in need. The middle ages understood this, and the Church was always there to protect the poor and powerless; there were laws protecting the poor, giving them rights to beg, places they could congregate, etc.
Now it's common that they literally have no places they can go to the bathroom legally in many locales, no places to sleep, difficulty finding jobs, and can't legally beg. I understand that these laws are not enforced in many locales, but can you imagine what the world might be like if we actually had proper laws about the poor, and enforced them? Saw them as human? This is something that I've come to later in life, being 38 now, after going through my younger liberal days, my hardcore alt right days, and now finding a balance to try and see how we could make a world where people rule, people work, people live. Not laws rule, machines work, and houses live.
It’s not so much spending as investment and doing something with talents God gave you (preferably in service or in accordance to him).
In the immediate context it is discussing the knowledge and grace that the disciples received from Jesus and that it is not theirs to keep hidden but to share it with others so it multiplies.
As a final point, he did say to save your treasure in heaven where it doesn’t rot, so although we can certainly apply these principles to our secular lives (and should) there is another spiritual meaning to it, and as someone who tried, spiritual work is just as hard (if not harder) than secular work.
This is an excellent article.
I wonder what happened in 1913? 🤔
Then (or shortly thereafter) I remember hearing a creature was born ..
I'm not catching the reference. Thought maybe it was Yeats' poem, but that was written in 1919
The Creature from Jekyll Island … it’s a book on the creation of the FED
Interesting perspective. I am sure in the terminal sentence of the partial paragraph extracted below you meant to say "poor get poorer" NOT "poor get richer"...lol:
"The only difference between the left- and right-wing viewpoint, at least within what I call the “contemporary consensus” that defines our public orthodoxy, is in how one ought to feel and respond to the fact that the rich get richer and the poor get richer."
Sadly the Tree of Woe lacks a robust editing team to catch my manifold mistakes! TY.
Well if the Singulartarians are right, shortly after the thing occurs, we'll all be living in a civilization based on universal wealth and abundance.