Tuesday, August 15, 2017

Idiot herd members don't even know why they are infighting.

The obvious general rise in social angst is of zero surprise to me.  In fact, I clearly predicted in these pages for many years that it was likely going to happen.  The latest evidence point is the mindless violence in Charlottesville and Portland, much of which was instigated by the hypocritical "tolerant left".  But let's not forget the rapidly rising occurrence of people purposefully driving their cars into crowds.  This is not just happening in the USA, it is a global phenomenon which in fact first began in Europe

The idiots in Carolina and Oregon  think they are fighting over political ideology even though not much is different under Trump so far than under Obama, Bush or Clinton.  The only thing that has happened is that the debt Ponzi has matured and the prosperity at the low end has begun to decline.  The negativity sits like a cloud over humanity.  Everyone feels it yet few really understand why it is happening.  If you are one of those people then listen to me because my ability to predict it in advance strongly suggests that I understand the real underlying cause.

The answer is simple.  Money doesn't buy happiness but poverty buys a heck of a lot of sadness.  Our herd, the human herd, is very emotional.  We thrive on hope for positive change but when that doesn't happen we get disillusioned and very upset.  After all, the clock is ticking away on all of our lives, isn't it?  When we borrow money into existence under a fractionally reserved money supply, the M2 grows.  More money in the economy drives prices up and the herd, as a whole is more prosperous than it actually deserves to be based on its collective productive output.

But borrowing money is like snorting cocaine: the effects are temporary and a low will follow the high.  That's because borrowed money must be repaid or defaulted on and either of these reduce the money supply by the same amount that it was goosed by the borrowing.  Foolish liberals look at the short term effects of this stimulative situation and say, wow, its great.  Conservatives, however, know that for every dollar borrowed today the people will have to live on less than one dollar tomorrow (less to account for interest payments to the Ponzi operators).  When everyone is maxed out in debt or getting too old to take on new debt (i.e. the boomers), the heavy borrowing slows down and the money sloshing around in the economy also slows.  People's hopes for a better future are dashed and so they seek a better existence through regime change (first peaceful but eventually violent).

In short, it's the banking system, stupid.  It causes booms and then busts which drive wild emotional swings in the population.  We've had the booms.  Guess what comes next?

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