November 09, 2010
The Filthy Lucre
A nice, simple video that explains the magic of money.
Most readers here know that we are heading into a shitstorm of biblical proportions. The global debt is both unsustainable and unrepayable. If all the debts were called in, there is not enough money in the world to settle them.
We have been piling debt on debt on debt. It has to implode. Those that know these things tell us that it will happen soon*. I do not doubt it for a moment. The jig is up. The scam is exposed. Time to pay the piper. Except that we can't.
The folks that produced the video are running a campaign. It might be clever to sign up. Go look around and see if it's for you.
Banking is a messed up, corrupt world, populated by the get-rich-quicker people. They know it is a farce. They know our money is worthless, but it matters not a jot to them. They have the nice houses, the Maserati's, the obscene bonuses, and they also like to shove industrial amounts of Bolivian Marching Dust up their noses. (Which is possibly their most endearing feature). It looks like I am envious. I am not. I do not envy their horrendous fall, when it comes. I've been rich and I've been poor. Now I am somewhere in the middle, and I like it.
Money, money, money....
The root of all evil? I don't think so. If it wasn't for the notes and coins, we'd be using tally sticks, or shiny stones, or feathers, or sea-shells. Or bartering my skill for your skill. And I suppose there is the distinct possibility that any monetary system can be corrupted until it cannot stand up under scrutiny.
It does no harm to understand its origins. And, much more importantly, what to do when it all goes tits up. As it surely will. I don't have the answer to that one.
*A six-word alliteration! Aren't I the smarty-pants today...