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.
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.
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."
Excellent and really important post. Great job.
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/
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.
"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?
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...!
Thank you, it's good to see some clear thinking, while talking to GPT makes one go insane.
'Here's a good-sounding answer which doesn't make sense'.
I can see why it has analysts running scared.
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.
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.
Outstanding poast good sir.
I never knew I was a LaRouchie, but here I am.
Really excellent work. Reading again. Woe is me.
The go-to answer for those spouting "If he worked hard and earned it, what's wrong with that?"...
Day trade or die — Trump was a guaranteed 10% a day when he gave a press conference
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.
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.
This is an excellent article.
I wonder what happened in 1913? 🤔
Then (or shortly thereafter) I remember hearing a creature was born ..
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."