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Veniversum 4 years ago.
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Are you *sure* Beer? This is the first time ever that the entire world has simultaneously been on fiat currency. The reserve currency is the dollar. How do you know that the ruling class isn’t intentionally collapsing civilization so that they can build it anew? Civilization version 2.0. You sure are confident. I hope for your sake that you’re not in a densely populated area when it goes down.
Yes…I am “sure.” You see…if we ever have a day where all currencies collapse people are going to stop going to work….because what’s the point when you aren’t being paid? What are you going to do with all your gold…head on down to the local grocery store and pay for your cart of groceries with gold flakes? Oh wait…you can’t…because none of the grocery store employees showed up for work, and since none of the cops showed up for work either and everyone would be in a panic, the store just got looted by whoever showed up with guns.
Like I’ve been saying…if the s~~~ hits the fan so hard we have a complete global currency collapse the only things that are going to matter are land and guns. Gold is going to be as useful at that point as your Pokemon card and beanie baby collections combined.
Apparently “the rich” are planning to collapse society so they can rebuild it anew. They’re going to hide out in their underground bunkers on the dark side of the Moon and wait for the time to be ripe to come back,
Riddle me this… why would the uber rich, the crime of the cream, the mega yacht owners and Bughati drivers, the people at the very tip top who can do whatever they want, wherever they want to whomever they want… why would they want to destroy the system that so effectively enriches and enables them?
Now if you said they’re doing it accidently through excessive greed and hubris like the French before the guillotine, I might be willing to listen, but intentionally collapsing society?
Let’s imagine for a moment that everyone in the world suddenly gave up on the idea of “more” and “better” and just decided to stop putting in the extra effort and chose instead to simply keep station where they are.
No more profit, no more interest, no more new stuff, at least not until the old stuff could no longer be maintained and just needed to be replaced. No new technology, no new iPhones or fancy cars, no new malls or skyscrapers or highways or airports or spaceships. No new nothing.
Leave off re-distributing everything so that everyone is economically equal for now (not that this would even be possible) and let’s just say everyone was happy at the level of consumption that they can currently afford without incurring additional debt or doing additional work… and that they are willing to voluntarily downsize to the point where they could be stable.
What would that world look like? How would we go forward? Would people continue to put in the effort to just maintain the world as it is? Would they be happy living a sustainable life with zero growth? This isn’t just the few, smart, socially aware… this is everyone. Is such a world even remotely possible?
Mr. Stinking Beverage, instead of explaining to you why you are wrong in a lengthy post, I have decided that I will not dignify your posts in this thread with any further reply. Might I suggest other means of amusing yourself that do not involve posting ignorant, overly simplistic rubbish? I suspect you are being disingenuous in your posts because you have gone from employing normalcy bias (i.e. the financial system is okay now, therefore it will always be stable) to inventing outrageous and improbable scenarios where “people stop going to work” and the sky falls down and the silly neocon zombie apocalypse comes to pass. Go watch The Walking Dead and vex me nevermore.
For people with two brain cells to rub together:
During the Zimbabwean hyperinflation, gold dust in quantities as low as 0,1gm ($3,53) was being used for transactions – https://www.youtube.com/watch?v=7ubJp6rmUYM . We see in this video that people did not stop going to work.
During the German hyperinflation, Dr. Franklin Graham notes that foreign currencies circulated and in fact prices were pegged to the dollar, notes of which were redeemable in gold coin in those days. People did not stop going to work, and in fact, near the end of the hyperinflation, wages were being negotiated in gold. More here – https://mises.org/system/tdf/Exchange%2C%20Prices%2C%20and%20Production%20in%20Hyper-Inflation%20Germany%201920-1923_5.pdf?file=1&type=document
According to FerFal, a noted survivalist blogger, gold and silver were favourites of the barter networks i.e. the grey market in Argentina. As I suspect that an Argentina-like scenario is the most likely outcome for the United States, I am more than happy to hold precious metals in lieu of stock certificates or digital entries on a server.
Let’s imagine for a moment that everyone in the world suddenly gave up on the idea of “more” and “better” and just decided to stop putting in the extra effort and chose instead to simply keep station where they are.
No more profit, no more interest, no more new stuff, at least not until the old stuff could no longer be maintained and just needed to be replaced. No new technology, no new iPhones or fancy cars, no new malls or skyscrapers or highways or airports or spaceships. No new nothing.
Leave off re-distributing everything so that everyone is economically equal for now (not that this would even be possible) and let’s just say everyone was happy at the level of consumption that they can currently afford without incurring additional debt or doing additional work… and that they are willing to voluntarily downsize to the point where they could be stable.
What would that world look like? How would we go forward? Would people continue to put in the effort to just maintain the world as it is? Would they be happy living a sustainable life with zero growth? This isn’t just the few, smart, socially aware… this is everyone. Is such a world even remotely possible?
Weirdly, Doc, this kind of world you suggest existed for many 1000s of years. It was local, sustainable, in harmony with nature (until the forests started getting cut down), and required far less work than now.
Doc: I think the world would be a more boring place under your ‘static replacement’ scenario. If we just replaced, and didn’t innovate, we’d never go from horse & buggy, to car. We’d never go from a movie theater with 3 choices, to cable with a hundred or two, to Netflix with thousands. Or, advancement would be slower, if we waited to replace. I’d still be using the 300 baud modem I used as a teenager, with a computer clocking at 1.79 Mhz. I realize it’s a spectrum, though. I think your scenario runs against human nature. We always want more. People don’t want to live on rice & beans, they want to eat meat. Then exotic meat. I don’t think consumers care about durability of goods — they’re buying that hoverboard for this year, not a bike to last and give to the children’s children, that would be a more expensive bike. As for me, I’d rather have a smaller brick or stone home with slate roof… that might last 100+ years, than a shoddily-constructed McMansion…
At the same time, the other alternatives are rather dismal — if technology can’t keep improving, you eventually run into sustainability problems EVEN IF population stabilizes. i.e. we rely upon non-renewable resources.
QuietlyQuietly: I’m not convinced this world required ‘less work’ in the pre-industrial era. There was a lot of home work, first off — no sweepers, no gas furnace (load up the wood or coal, take out the ash, where I live in cold Rustbelt USA), no cheap clothes (try making your own), no refrigerators. I think it’s more accurate, to say our expectations increased. It would be easy to purchase a mobile home in a part of the country where heating/air conditioning isn’t required, and eat rice and beans and buy clothing at thrift stores & pay a modest property tax each year on the lot. Or simply accumulate several thousand dollars, and move to a part of the world where people live on $3-$5 a day. Over a billion people live on this. Americans don’t want to live like they do. We want cars, cable TV, heated/air conditioned homes, telephones, etc. We have higher expectations.
I could probably work 1 hr a day and sustain a minimalist life style in this way, even if I had no savings previously. Even in the US! Live out West in a mobile home with a couple other people. Vagrants live on almost nothing.
On currency collapses: As for gold, it will often be made illegal in times of currency crises. That said, people will try to find any substitute — gold, silver, etc — and convert their fiat currency into something not subject to hyperinflation. People will NOT stop working if it unfolds like it did in, say, Brazil in the mid-1990’s. Instead, on payday, they’ll IMMEDIATELY go out and buy whatever the hell they can (TV’s, grills, clothes, etc) as a store of value, since the next day, their money will be worth, say, 5% less, in a hyper-inflation scenario, which to me, is a likely scenario if we keep going down the path we have been. I would expect my stocks to crash hard, property values to also decline but not crash as hard as stocks.
Weirdly, Doc, this kind of world you suggest existed for many 1000s of years. It was local, sustainable, in harmony with nature (until the forests started getting cut down), and required far less work than now.
Until it didn’t and wasn’t. The forests didn’t “start getting cut down”… people in search of more and better cut them down. Human history has been a long slow process of searching for more and better… just we didn’t start figuring out how to really produce it in quantity until the industrial revolution.
And don’t tell me that we were all happy and content before then… there was no grand conspiracy to drag the entire world population kicking and screaming out of Eden onto factory floors and urban centers. People dropped their s~~~ty gathering baskets for farm tools and then their s~~~ty farm tools for factory jobs and then their s~~~ty factory jobs for office cubicles the very first chance they got, despite every cost.
There is not and never has been a people who weren’t constantly trying to do better for themselves… sometimes they get overrun by another group of people who are way ahead of them, of course, but they’d have gotten there on their own anyway, given the time. And when presented with the opportunity to leapfrog that process and trade up to, say, machete from sticks and then to shotguns from machete (re: the Yanomami) they do so as quickly and with as much gusto as they can manage.
Doc: I think the world would be a more boring place under your ‘static replacement’ scenario.
I agree. I’ll do you one further, though, and say that if it were even possible, it would crush the soul of humanity. No species lives in perfect equilibrium with its environment. This is not some James Cameron movie where man and beast and tree exist in perfect symbiosis… every species expands to fill its ecological niche and then becomes subject to resource scarcity and predation.
We are, of course, living things and therefore bound by the same drives and subject to the same pressures. Humans could no more live sustainable, zero growth lives than, as I’ve said, a bird can live it’s entire life in an egg or an oak tree in an acorn.
Boring? Try deadly. It would make that scene in Firefly where they land on the planet of people who all gave up and died look like a Sunday picnic. And hey, at least they got the psycho killers in their deal to check everyone else’s expansion and keep things interesting… we’d all just do the lay down and die part.
No, sustainability is a hoax perpetrated by people who want to sell you smart water, yoga mats and carbon offsets. We are an aggressive species driven by desires that are impossible to fulfil or negate, bound and determined to continually reshape the universe to our whim or drown in our own blood and s~~~ while trying. Anyone who wants to deny it can lay down and give up now… maybe clear a little more time, space and sustenance for the rest of us to consume. We won’t be sad to leave you behind,
I highly disagree. Given the fact that they were extremely limited on how much money they could actually withdraw, to prevent a run on the banks, I think any Greek would have LOVED to take that Bar of gold one country over and trade it for some other currency. You’re not the only one who can speculate theoreticals. I’m pretty sure they were p~~~ed off that they couldn’t get all of their money out of the bank, and that they had to stand in such long lines for long hours for very little money; because the law wouldn’t allow them access to their own money.. their own possessions.
I’m pretty sure they were mad too…but you just said they’d go convert their gold into currency if they could…that just proves what I’ve been saying lol. Greeks have gold…people weren’t cutting up necklaces and flaking pieces off rings to get by, were they? NOPE! In the Greek crisis I’d rather have just had a few thousand worth of euros laying around than a few thousand worth of gold…at least I wouldn’t have had to travel out of the country just to convert it into something useful.
You never advocated the storage of money in your own home. You advocated the use of banks and the stock market. A Greek who is allowed the legal limit of currency *and* also has a bar of gold has more than anyone else (who had no gold) that isn’t allowed to fully withdraw their deposits from the bank. Gold has value even when hyperinflation happens, at which point fiat doesn’t. You have no argument. Furthermore, during economic crisis you have a high chance of having your entire deposit simply confiscated.
Are you *sure* Beer? This is the first time ever that the entire world has simultaneously been on fiat currency. The reserve currency is the dollar. How do you know that the ruling class isn’t intentionally collapsing civilization so that they can build it anew? Civilization version 2.0. You sure are confident. I hope for your sake that you’re not in a densely populated area when it goes down.
Yes…I am “sure.” You see…if we ever have a day where all currencies collapse people are going to stop going to work….because what’s the point when you aren’t being paid?
No you’re not. You have no idea what the ruling class discusses behind closed doors because you aren’t allowed to know. They could be plotting to extinguish 90% of the world population right now, and you would have no idea. They might have even built a marble monument to this goal. People are not going to stop working, sir. They will simply start working for themselves. Likely there would be volunteers to keep the electricity running. Likely the average people in the neighborhood could start gardening. I know for sure that in my neighborhood, people would be working together. Rural people think differently than urban ones. We prefer collaboration to competition. In the long run, it’s a better plan. I’m sure the ruling class would love for all of us to relegate ourselves to animal behavior and just murder each other. There are enough good people I think now to work things out differently. I have seen the collapse of civilization. You see, I was in Hurricane Katrina, and despite there being a few evil people running amuck, for the most part people pulled together and helped each other out. People weren’t getting paid to do it. They did it because it was the right thing to do. People have been brainwashed into believing that humanity cannot exist without government. Sorry, but that’s simply false. It could function much better, especially if everyone knew how to defend themselves on an individual basis. That’s where what you said about guns to some degree is correct.
Apparently “the rich” are planning to collapse society so they can rebuild it anew. They’re going to hide out in their underground bunkers on the dark side of the Moon and wait for the time to be ripe to come back,
Riddle me this… why would the uber rich, the crime of the cream, the mega yacht owners and Bughati drivers, the people at the very tip top who can do whatever they want, wherever they want to whomever they want… why would they want to destroy the system that so effectively enriches and enables them?
Now if you said they’re doing it accidently through excessive greed and hubris like the French before the guillotine, I might be willing to listen, but intentionally collapsing society?
Quite simply because they are losing control of it. Eventually, if the populace absolutely refuses to war, they *WILL* lose control of it, and they know it. That’s why they cling to war so desperately. It’s the only mechanism that perpetuates the hierarchy and structure of society. They may not collapse everything if they can start World War III, because then they can use their power in a manner that subjects view as legitimate, to murder their subjects. This is precisely what George Orwell meant when he said this:
” The war is waged by each ruling
group against its own subjects, and the object of the war is not to make
or prevent conquests of territory, but to keep the structure of society
intact.”Dr. Franklin Graham notes that foreign currencies circulated and in fact prices were pegged to the dollar, notes of which were redeemable in gold coin in those days.
Wait a tick… I thought we were talking about gold serving as money after a global economic collapse. What foreign currencies would there be after a global economic collapse and who would give a damn about them?
Do you really think that if there was a global economic collapse (everyone is on fiat currency now, says someone in your camp) that the US would go the same way as Greece, Argentina or even Russia after their collapse? What part of GLOBAL are you not getting?
So two scenarios:
1) The US economy collapses due to reasons and our paper money becomes worthless but we fall back on euros or rubles or Chinese gold pandas, people nut up and keep doing their jobs despite hyperinflation and riots and we pull through with, most likely, an even more corrupt and unequal society afterwords.
2) There is a GLOBAL economic collapse and there are no foreign currencies to turn to, despair grips everyone everywhere, the thin veneer of civilization is stripped off laying bare the violent savagery beneath and we destroy ourselves in the ensuing convulsion… and a gold brick is about as useful as a ceramic one except a lot harder to throw through a window or swing at someone’s head,
So which scenario are you guys predicting, again? Collapse of US fiat currency or global economic meltdown? I can’t keep your arguments straight. If it’s US collapse and you think it’ll be so easy that a few ounces of gold are going to get you through, then the rest of us will probably be fine too so you can stop ringing the alarm and patting yourselves on the back for being first to the button.
Even if gold and silver could be useful as an intermediate currency before some other form of fiat currency went into circulation, there’s like you and you and a few dozen other guys who have any real stock of physical metal in your possession. The rest is locked away somewhere almost certainly beyond anyone’s legitimate reach. So even if people did want to use it as currency, I don’t see how there could possibly be enough in the hands of regular people to make it possible to do so. Or do you think someone with a pair of brass b~~~~ and a tank is going to bust the gold out of its prison and distribute it equitably among the peasantry like some post-apocalyptic Robin Hood?
If, on the other hand, it’s the global collapse you’re preparing for, we’ll all I’ve got to say about that is that the Preppers don’t call the rest of us the “Golden Horde” because we’ve got gold coins, nuggets and dust laid up ready to restart the economy after TEOTWAWKI. They call us the Golden Horde because we’re going to sweep over the land with our empty bellies and entitlement attitudes and eat, steal and destroy everything in our path including (especially) Preppers and their stores of beans, bullets and bullion.
If you really expect you’re going to survive that, you’d best go silent and head for your bunker now. Again, we won’t miss you.
Let’s imagine for a moment that everyone in the world suddenly gave up on the idea of “more” and “better” and just decided to stop putting in the extra effort and chose instead to simply keep station where they are.
No more profit, no more interest, no more new stuff, at least not until the old stuff could no longer be maintained and just needed to be replaced. No new technology, no new iPhones or fancy cars, no new malls or skyscrapers or highways or airports or spaceships. No new nothing.
Leave off re-distributing everything so that everyone is economically equal for now (not that this would even be possible) and let’s just say everyone was happy at the level of consumption that they can currently afford without incurring additional debt or doing additional work… and that they are willing to voluntarily downsize to the point where they could be stable.
What would that world look like? How would we go forward? Would people continue to put in the effort to just maintain the world as it is? Would they be happy living a sustainable life with zero growth? This isn’t just the few, smart, socially aware… this is everyone. Is such a world even remotely possible?
This theoretical is silly. We do not have to drop the idea of “more” and “better”. You do realize that Nikola Tesla died destitute, right? There are plenty of people who invent things or do things because they have a passion for, and interest in, those things. It’s just plain absurd to imply that the only reason people do anything is to acquire money. It may be the case that someone else doesn’t want to do your s~~~ty chores for you for money. However, they for the most part don’t mind doing their own s~~~ty chores, especially when there is no other option. What does being “economically equal” have to do with anything? You’re assuming that someone in here is arguing for the case of equality, which correct me if I’m mistaken (anyone), but there is no one in here advocating that. In the world you suggest, the world *WOULD* move forward for two very simple reasons: Purpose, and fulfillment. People *want* to achieve things. It sounds like you’ve been convinced by the ruling class that no one will do anything without a monetary incentive. Sorry, but that simply isn’t true. I’ll even one up that with this fact: Some people who DO get the monetary incentive are still miserable and empty inside. They are not happy. That leads to the question: “Why?”. It’s almost always one of two things: 1. Lack of purpose/fulfillment. or 2. Lack of social acceptance or love. The issue isn’t that people don’t want to work; the issue is that people want to do work that allows them to have dignity, and that they have an interest in, and passion for, rather than in the current system where people are being forced to do soul crushing jobs that they have absolutely no interest in because the game is thrust upon them with the threat of violence. You want to know what’s “crushing the soul of humanity”? The intentional prevention of people from pursuing the things they have a passion for and interest in, as a life’s work. That’s what all of the complaining is actually about. You have people with college degrees working at McDonalds. You have people with extremely high IQ’s doing simple menial labor tasks. It doesn’t boil down to laziness; that’s just the narrative of the ruling class because they want to manipulate the workers using shame, the same way that feminists do. They used to do that same manipulation with a whip. There is no respect for the wishes of the individual by the collective. Things could be voluntary, instead of coerced. They will continue to perpetuate the narrative otherwise though. There are people who enjoy doing the menial tasks, or the physical labor tasks, and those people should be (and probably would be) the ones volunteering to do them. Likewise, people who need a mental challenge would probably be more than happy to volunteer for those type of jobs, and would have dignity and purpose provided by them. Everyone should be thinking outside the media narrative that nobody does anything except for money, because it simply isn’t true.
Wait a tick… I thought we were talking about gold serving as money after a global economic collapse. What foreign currencies would there be after a global economic collapse and who would give a damn about them?
Do you really think that if there was a global economic collapse (everyone is on fiat currency now, says someone in your camp) that the US would go the same way as Greece, Argentina or even Russia after their collapse? What part of GLOBAL are you not getting?
If, on the other hand, it’s the global collapse you’re preparing for, we’ll all I’ve got to say about that is that the Preppers don’t call the rest of us the “Golden Horde” because we’ve got gold coins, nuggets and dust laid up ready to restart the economy after TEOTWAWKI. They call us the Golden Horde because we’re going to sweep over the land with our empty bellies and entitlement attitudes and eat, steal and destroy everything in our path including (especially) Preppers and their stores of beans, bullets and bullion.
If you really expect you’re going to survive that, you’d best go silent and head for your bunker now. Again, we won’t miss you.
Do you not realize that the dollar is the global reserve currency? The collapse of the US could (and probably would) cause the collapse of the global economy, since it is all intertwined now. I imagine that there would be a domino effect.
As for preppers, you are mistaken sir. Do you even talk to preppers? I do, and I have known many of them. Their attitude is not the same as yours, which is why they would survive and you wouldn’t. Firstly, marauders are almost always the first to die. They die primarily to traps and prefabricated armor and defense mechanisms. In ancient times, these defense mechanisms were castles, motes, etc. With modern technology it’s even more. Preppers are also not going to compete with each other. Rather they will work together, and they are already networking. Basically preppers are their own team versus everyone else, and with superior equipment, food stock, and lairs, *will* beat all of the people who are not prepared. After which, they would rise up out of their lairs and begin coordinating for their mutual benefit and survival by planting gardens, hunting, etc. You sorely underestimate these people. I have been inside some of these bunkers and met with a guy in Texas who builds them. People who have access to food, clean water, etc who can’t be found can simply wait for the majority of marauders to either die in self defense or murder each other, after which preppers can form their own army with the superior equipment they obtained before anything ever started. You can make fun of these people all you like, but the reality of it all is, that psychopaths have the use of nuclear weapons. That fact alone makes the behavior of preparing for doomsday scenarios completely rational, along with the track record and history of nations intentionally starving their own people with intentionally engineered famines.
You never advocated the storage of money in your own home. You advocated the use of banks and the stock market. A Greek who is allowed the legal limit of currency *and* also has a bar of gold has more than anyone else (who had no gold) that isn’t allowed to fully withdraw their deposits from the bank. Gold has value even when hyperinflation happens, at which point fiat doesn’t. You have no argument.
Sure, my point was how stupid yours was. You can horde gold….to travel out of the country….and change it for currency? OMG fiat currency is worthless but I’d go convert my gold into it lol.
Furthermore, during economic crisis you have a high chance of having your entire deposit simply confiscated.
https://en.wikipedia.org/wiki/Executive_Order_6102
Yeah…gold is so safe if things get that desperate lol.
No you’re not. You have no idea what the ruling class discusses behind closed doors because you aren’t allowed to know. They could be plotting to extinguish 90% of the world population right now, and you would have no idea.
Did I ever tell you that is one nice tin foil hat you are wearing?
Riddle me this… why would the uber rich, the crime of the cream, the mega yacht owners and Bughati drivers, the people at the very tip top who can do whatever they want, wherever they want to whomever they want… why would they want to destroy the system that so effectively enriches and enables them?
Watch out Doc…Bill Gates and Brad Pitt want to exterminate 90% of the world’s population. Oh wait…evil rich people like them have donated how much time and money trying to help poor people across the globe?
Quite simply because they are losing control of it. Eventually, if the populace absolutely refuses to war, they *WILL* lose control of it, and they know it. That’s why they cling to war so desperately. It’s the only mechanism that perpetuates the hierarchy and structure of society.
This is a great story to tell to children to scare them into eating their vegetables… no, strike that… it’s the kind of s~~~ stoners tell each other when they’re high as f~~~ and full of paranoia.
I’ve got a buddy who swears that Jay-Z runs the Illuminati and lizard people are slowly releasing alien technology to the 1% so they can fatten us up for slaughter. I think he saw that on “V” but his drug addled brain told him it was a fact. He also believes in chemtraisl, FEMA camps, and that his soul was used for collateral when we went off the gold standard and he has a “straw man” account that he can tap into to pay his power bill if he writes exactly the correct numbers and symbols on it and sends it to the IRS.
No, seriously, he believes this stuf.
And I asked him this one simple question, the same one I’ve asked here before. “If you knew beyond a shadow of a doubt that even one of these bulls~~~ conspiracy theories was completely true and factual, how would you change your life? Would you not have a moral responsibility to get off your Cheetos eating stoner ass and, oh, I don’t know, go blow up some federal building or something and f~~~ing save us all? or are you just gonna sit there and run your stupid mouth until you don’t have any friends any more?”
Guess which one he chose? Apparently he’d rather be an idiot and rant about it on the Internet than actually step up and act on his beliefs.
Sound familiar?
Oh my god! The f~~~ing 1% are going to depopulate the Earth in a global war to prevent the unwashed masses from storming their penthouses and sinking their yachts. Yeah? Well are you gonna f~~~ing DO about it, man?!
For real, have you been smoking dabs and watching old Roger Moore movies or what? I’m laughing over here and I bet you’re even thinking how great it will be when the world comes to an end just so you can prove to me that I’m wrong.
Look, I’m sorry they hurt you when they took your lunch money or made you wear girl’s pants in gym class or whatever but seriously, get some therapy and learn how to live a normal happy life. You don’t have to drink the kool-aid but you don’t have to drink the cyanide either. Paying some tax and a few points of interest isn’t so bad… and hey, look what collapse did for the Russians… a bunch of them “own” houses now they never had to pay for and they’ve got that going for them, right? It’s gonna be okay,
And if I’m wrong, I’ll happily stand up against the wall when the revolution comes. If it does we’re all going down anyway and at least I got to drive a Mercedes, wear mohair, eat lobster and f~~~ teenagers while it lasted. Yay me! I love a good rant in the morning, it smells like victory.
Nikola Tesla died destitute
Because he was an arrogant moron who thought society would embrace his genius ideas for the greater good. If it weren’t for Westinghouse and Edison, the world would never have heard of Tesla.
Nikola Tesla died destitute
Because he was an arrogant moron who thought society would embrace his genius ideas for the greater good. If it weren’t for Westinghouse and Edison, the world would never have heard of Tesla.
Not quite sure how you can call Tesla an arrogant moron buddy.
When you’ve invented something better than remote control, radio, wireless information transfer and AC electricity then maybe you might have a high horse to sit on…..
So……….. dunno…. rather a silly thing for someone to say.
You never advocated the storage of money in your own home. You advocated the use of banks and the stock market. A Greek who is allowed the legal limit of currency *and* also has a bar of gold has more than anyone else (who had no gold) that isn’t allowed to fully withdraw their deposits from the bank. Gold has value even when hyperinflation happens, at which point fiat doesn’t. You have no argument.
Sure, my point was how stupid yours was. You can horde gold….to travel out of the country….and change it for currency? OMG fiat currency is worthless but I’d go convert my gold into it lol.
Furthermore, during economic crisis you have a high chance of having your entire deposit simply confiscated.
https://en.wikipedia.org/wiki/Executive_Order_6102
Yeah…gold is so safe if things get that desperate lol.
No you’re not. You have no idea what the ruling class discusses behind closed doors because you aren’t allowed to know. They could be plotting to extinguish 90% of the world population right now, and you would have no idea.
Did I ever tell you that is one nice tin foil hat you are wearing?
Riddle me this… why would the uber rich, the crime of the cream, the mega yacht owners and Bughati drivers, the people at the very tip top who can do whatever they want, wherever they want to whomever they want… why would they want to destroy the system that so effectively enriches and enables them?
Watch out Doc…Bill Gates and Brad Pitt want to exterminate 90% of the world’s population. Oh wait…evil rich people like them have donated how much time and money trying to help poor people across the globe?
Ah.. you’re already back to Ad Hominem and Criticism of the speaker? Why am I not surprised. I suppose it would be silly optimism to expect you to reply with anything related to the actual subject, such as information.
Quite simply because they are losing control of it. Eventually, if the populace absolutely refuses to war, they *WILL* lose control of it, and they know it. That’s why they cling to war so desperately. It’s the only mechanism that perpetuates the hierarchy and structure of society.
This is a great story to tell to children to scare them into eating their vegetables… no, strike that… it’s the kind of s~~~ stoners tell each other when they’re high as f~~~ and full of paranoia.
I’ve got a buddy who swears that Jay-Z runs the Illuminati and lizard people are slowly releasing alien technology to the 1% so they can fatten us up for slaughter. I think he saw that on “V” but his drug addled brain told him it was a fact. He also believes in chemtraisl, FEMA camps, and that his soul was used for collateral when we went off the gold standard and he has a “straw man” account that he can tap into to pay his power bill if he writes exactly the correct numbers and symbols on it and sends it to the IRS.
No, seriously, he believes this stuf.
And I asked him this one simple question, the same one I’ve asked here before. “If you knew beyond a shadow of a doubt that even one of these bulls~~~ conspiracy theories was completely true and factual, how would you change your life? Would you not have a moral responsibility to get off your Cheetos eating stoner ass and, oh, I don’t know, go blow up some federal building or something and f~~~ing save us all? or are you just gonna sit there and run your stupid mouth until you don’t have any friends any more?”
Guess which one he chose? Apparently he’d rather be an idiot and rant about it on the Internet than actually step up and act on his beliefs.
Sound familiar?
Oh my god! The f~~~ing 1% are going to depopulate the Earth in a global war to prevent the unwashed masses from storming their penthouses and sinking their yachts. Yeah? Well are you gonna f~~~ing DO about it, man?!
For real, have you been smoking dabs and watching old Roger Moore movies or what? I’m laughing over here and I bet you’re even thinking how great it will be when the world comes to an end just so you can prove to me that I’m wrong.
Look, I’m sorry they hurt you when they took your lunch money or made you wear girl’s pants in gym class or whatever but seriously, get some therapy and learn how to live a normal happy life. You don’t have to drink the kool-aid but you don’t have to drink the cyanide either. Paying some tax and a few points of interest isn’t so bad… and hey, look what collapse did for the Russians… a bunch of them “own” houses now they never had to pay for and they’ve got that going for them, right? It’s gonna be okay,
And if I’m wrong, I’ll happily stand up against the wall when the revolution comes. If it does we’re all going down anyway and at least I got to drive a Mercedes, wear mohair, eat lobster and f~~~ teenagers while it lasted. Yay me! I love a good rant in the morning, it smells like victory.
More Ad Hominem and criticism of the speaker, due to a lack of capability for rebuttal to irrefutable facts. Famines were intentionally engineered by governments. People were mass murdered with atomic bombs.
“When the debate is lost, slander becomes the tool of the loser” – Socrates
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