I so loath You Tube and other internet philosophers. Dispensing such syrupy, stupid and dangerous drivel. It is irresponsible in that the thinking is, most often, only three dimensional. These narrators seem to be oblivious of their own fear mongering, of, the very entities they criticize. The only advantage that I find is that I don't have to look at half of it. To avoid a long diatribe because emotion would demand a thorough tongue-lashing for such impudence, I will simply say that I know of more Jews that have accepted Christ's new covenant but don't accept Christ then the "Christians" that have accepted Christ but not the new covenant. Economics 101 is, believe it, a response to a "highly recommended commentary" of a left-wing, post pubescent, on You Tube. Since one is only allowed to post a 500 character comment I, therefore, tried to post the entire comment in sequence, to no avail. It got posted, in a garbled form, making no sense at all. After many tries, I gave up and since I don't do Spam, I only posted the very beginning and and very end of the proceeding article. I guess the world is not ready for Georges Paul du Berger yet. My "You Tube" post, commentary, is under the pseudonym "Mr. Sylvestris" Here's the link directing you to this "altar of ignorance" which will open to a new window so you don't have to feel "sacrificed" and can return safely and read what I have to say about this sort thing.Storm Clouds Gathering/ Hyperinflation - Gold vs. Dollar vs. Commodities
P.S. While your there, check out S.C.G. other loathsome musings like:
Gun Toting Liberals.
Was Hitler a right wing extremist or a left wing extremist? and the Bush family connection.
Before reading further; Remember I classified these "Philosophers" as Three dimensional? I meant that all Ideas should be examined in Four Dimensions, meaning that rhetoric upon and about any issue should bear the responsibility of its implications over Time. HTML"S MAGIC believes that all people, all over the world are capable of making their own informed decisions concerning the Future (which belongs to everyone). You Tuber's and mainstream News Medias are nice but should only be treated as a Reference Source like Wikipedia and never taken as the final-say on any issue. To prove my point and to promote a more 4D approach to current events I encourage everyone to subscribe to Wikileaks with Twitter.
The Comment That Could Not Be Posted: You are just another "Fear Monger" and are no better than the people and things you discuss on your various videos. Did you study Economics or Quantum Physics? I would like to know, because, You do not know what you are talking about. Here's a mini economics course for you. Please feel free to fall asleep at any time.
First, there will never be an economic collapse, ever. The modern economy is based on the "Goal Standard" not the "Gold Standard" which is something only your grandparents knew. It is called Fiat Economics ("let it be done"). Basically this means that governments pass laws that give its citizenry the ability to pay taxes with Paper Money, which, by default allows one, as a Consumer to use the same currency to buy goods and services. There are other laws that exist as well, in Western Civilization, that date back from Henry XIII that guarantee, bylaw, every citizen, a form of cash payment and minimum revenue by government i.e. welfare, grants, government loans etc. Wealth is created, in Fiat, by an individuals' and/or "Legal Person's" ability to gain, get and improve credit and trade. Which is why, typically, any adult, even on welfare, with an average credit rating can get a credit card albeit a limited amount but the standard credit "gift" is fixed at around $1000, which, if the card is "maxed" out, can be payed back at, minimum, around $20 a month indefinitely. This is only a general, typical, example. This is done as a mechanism to stimulate cash-flow for those periods of no revenue. Salaries and payments are, therefore,"advance credit" in our system which is done for obvious reasons. Its grossest feature, as an example, is the "Instant Billionaire" phenomenon. It should be noted here that you can no longer, even, pay taxes and fines anymore with Gold or silver or even platinum. Gold, like other precious metals is being traded on Capital based markets and is doing very well on its own and has nothing to do with the economy. To wit; Anyone with "Capital" in any bank will find that its true value is "eaten" up by inflation, taxes and fees as a sort of penalty and the minimal interest rates, given by banks, are, only, there to tabulate and tax the "unearned" income you receive which further reduces its value. To hedge this, one takes his "portfolio" and "invests" in capital markets like Real Estate which is the favored investment portfolio for the "Middle Class" because it allows leverage with impunity.
Economic downturns exist, mostly, because of over production and lack of demand. The "Goal" is to continually create new demand for products and services. This creates a positive cascade that stimulate the economy with spending until over production offsets the cascade. There the new gizmo or service is released and the the thing starts all over again. Mantra: "New and Improved, New and Improved". Humanity, as a species of animal on this planet is an overly efficient organism. Overall its only limitation is the Human Imagination and you dont have to be Apple or GE to do this.
Important to mention as well is a new x commerce. The Economy of Cyber Space, as, it has nothing to do with the the general economy and is evolving its own course independently. Which is why it is not at all that surprising when one hears that Mommy and Daddy lost their jobs but their ten year old kid's business, on the internet, is doing very well. Serendipitously this addresses other issues where you have been "Fear Mongering" especially when you advise people to buy guns. The Fiat system now renders all Philosophical, Ethical and Political issues as "Economic" ones. A simple explanation of this would be by this Socratic example: "What's the difference between Capitalism and Socialism?" The only correct answer. "Very little, both sides want something for nothing."
More succinctly; in any issue, especially in a moral and ethical ones, just look for the "bottom line" in any debate. There you cut through, the "fat", to the "meat" on any issue. The Fiat Economy has Bankrupted Communism and Capitalism effectively putting an end to the Cold War. Their remnants exist, now, only in small caricatures of their former selves. More intriguing is on how it has enacted responsibility and provided a voice for conglomerates, who now have representation in the UN. It has changed warfare. In that, now, it is the Winners who pay war reparations and not the losers. Rhetorical query: "Who's paying the bill for rebuilding Iraq".
We are all exploited and we all exploit. Just choose wisely and ask: "Who will I allow myself to be exploited by?" Remember that loyalty, fidelity and allegiance are not required here. Instead, be skeptical and make all mongers work very hard to earn every second of your attention. Then sleep on it before you buy or buy into something.
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