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Sr. MemberActivity: 560Merit: 250http://terra-credit.com PRETEND (DEBT-BASED) currencies require permanent money printing October 30, 2014, 07:40:15 AM

Last edit: October 31, 2014, 11:15:56 PM by Slingshot #1

PRETEND (DEBT-BASED) currencies require permanent money printing

=============================================





"World economy is so damaged it needs permanent money printing"

http://www.hangthebankers.com/world-economy-is-so-damaged-it-needs-permanent-money-printing/



Gee, ya think??





With PHONY currencies backed by nothing but DEBTS that cannot ever hope to

ever be repaid it's a given that it's either INFLATE the currencies (debts away),

nearly constantly, or witness economic collapse. It's that way with every PHONY,

PRETEND currency (DEBT-BASED currency). And of course, by the way: This is

'theft by way of inflation'. And one of the many slights in the banksters seedy

bag of tricks to steal ones savings.



After all the insanity of the last few decades (many ten's of trillions in new debts)

it's a given that they cannot allow interest rates to rise without causing utter and

total collapse. Nor can they allow QE to ever stop for any length of time.



As for the nonsense about how there is a "deflationary trap" in contemporary

economic theories (and also in the article at the link above) it is just a load of

nonsense that these phony economists (Inflationists) demand, and would have

everyone believe.



One doesn't have to go back further than the 1800's to know that sustained

deflation isn't any "trap" of doom (except with phony (debt-based) currencies) &

that in sustained deflationary periods such as back in the 1800's that huge

economic longer term growth was indeed had during the multi-decade sustained

deflation, all under the swagger of REAL MONEY (Gold & Silver), instead of PHONY

(debt-based) currencies called fiat.



Of course back in the 1800's we also didn't have ruinous levels of margin debts

on stock markets, nor the insane levels of government debts the world over. Nor

the stupid levels of corporate and personal debts nearly the world over. Nor the

insanity of fractional reserve banking on top of pretend, phony currencies.



It's not deflation that is a trap, but instead the always TOO MUCH DEBTS that will

always result under every DEBT-BASED (PHONY), PRETEND CURRENCY that is

merely an imposter to real currency.



It's the DEBTS stupid, not the deflation, that is ALWAYS the trap.

Two points to Mises.



(The proof of insanity is arguing with any delusional idiots...!)



Of course the accepted, inner-jerk-circle economists haven't yet figured that

one out just yet. Their far too busy in their own delusions of grandeur to bother

with common sense.



SO: It's simple: It's either inflate, or we suffer economic collapse at this extremely

late stage. We are in terminal decline for our present monetary systems, at least

unless their severely 'inflated away' so that as a store of value their only worth a

tiny fraction of their rather recent former selves. Until such a time that we either

collapse, or have successfully severely inflated away our pretend currencies then

we wont be out of the present DEBT-TRAP INSANITY.



And yes, it's just a matter of time. And yes, it's Bubble 2.0, and no asset class

except real money is safe anymore.



BTW: Real Money = gold, silver, other physical commodities, and Bitcoin so far.





And everything else along with everyone else is soon going to be severely

punished (devalued).



Two more points to Mises.



Pretend currencies have no business in the real world. Debt-based currencies

are the true pretend currencies.





Pretend (debt-based) currencies require permanent money printing

===========================================

PRETEND (DEBT-BASED) currencies require permanent money printing============================================="World economy is so damaged it needs permanent money printing"Gee, ya think??With PHONY currencies backed by nothing but DEBTS that cannot ever hope toever be repaid it's a given that it's either INFLATE the currencies (debts away),nearly constantly, or witness economic collapse. It's that way with every PHONY,PRETEND currency (DEBT-BASED currency). And of course, by the way: This is'theft by way of inflation'. And one of the many slights in the banksters seedybag of tricks to steal ones savings.After all the insanity of the last few decades (many ten's of trillions in new debts)it's a given that they cannot allow interest rates to rise without causing utter andtotal collapse. Nor can they allow QE to ever stop for any length of time.As for the nonsense about how there is a "deflationary trap" in contemporaryeconomic theories (and also in the article at the link above) it is just a load ofnonsense that these phony economists (Inflationists) demand, and would haveeveryone believe.One doesn't have to go back further than the 1800's to know that sustaineddeflation isn't any "trap" of doom (except with phony (debt-based) currencies) &that in sustained deflationary periods such as back in the 1800's that hugeeconomic longer term growth was indeed had during the multi-decade sustaineddeflation, all under the swagger of REAL MONEY (Gold & Silver), instead of PHONY(debt-based) currencies called fiat.Of course back in the 1800's we also didn't have ruinous levels of margin debtson stock markets, nor the insane levels of government debts the world over. Northe stupid levels of corporate and personal debts nearly the world over. Nor theinsanity of fractional reserve banking on top of pretend, phony currencies.It's not deflation that is a trap, but instead the always TOO MUCH DEBTS that willalways result under every DEBT-BASED (PHONY), PRETEND CURRENCY that ismerely an imposter to real currency.It's the DEBTS stupid, not the deflation, that is ALWAYS the trap.Two points to Mises.(The proof of insanity is arguing with any delusional idiots...!)Of course the accepted, inner-jerk-circle economists haven't yet figured thatone out just yet. Their far too busy in their own delusions of grandeur to botherwith common sense.SO: It's simple: It's either inflate, or we suffer economic collapse at this extremelylate stage. We are in terminal decline for our present monetary systems, at leastunless their severely 'inflated away' so that as a store of value their only worth atiny fraction of their rather recent former selves. Until such a time that we eithercollapse, or have successfully severely inflated away our pretend currencies thenwe wont be out of the present DEBT-TRAP INSANITY.And yes, it's just a matter of time. And yes, it's Bubble 2.0, and no asset classexcept real money is safe anymore.BTW: Real Money = gold, silver, other physical commodities, and Bitcoin so far.And everything else along with everyone else is soon going to be severelypunished (devalued).Two more points to Mises.Pretend currencies have no business in the real world. Debt-based currenciesare the true pretend currencies.Pretend (debt-based) currencies require permanent money printing=========================================== ███████████████████████

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