One-world reserve currency inevitable and will enslave all nations?

[bit1]

https://bitcointalk.org/index.php?topic=1106917.0        

[1713529028]

1713529028

[bigtimespaghetti]

*Snip*

So am I misunderstanding this or is it advocating more tax on the wealthy? I'm not so convinced that this is a panacea to our social and economic ails. I do suspect that many of the wealthy would not be able to retain their immense material gain without the power of the state to rely upon. But perhaps this is not borne out in reality and stifling institutions develop and disintegrate naturally over time. Humans are selfish as a matter of course (perhaps my western bias shows here?), it's my hope that an information age will empower the masses to dissolve the myriad economies of scale that 'oppress' them. Perhaps that is too idyllic though- for the drudge can make an honour of slavery by bowing to and praising his oppressors.

The more I think about it, the more I wish a middle line was walked with governments not overstepping solid bounds. But as a favourite author of mine wrote "Tyranny exists because the weak and the powerful seek it". /rant

[bigtimespaghetti]

So am I misunderstanding this . . .?

So his "solution" is NIRP and a cashless society to prevent anyone from escaping paying negative interest rates on their wealth. And use this resource extraction to continue to backstop the $250 trillion of debt in the world. In order words, Summers thinks we are stupid enough to be a dog chasing our tail wherein the excess "capital" is money we are expropriating from ourselves to prop up "capital" that would otherwise evaporate in a contagion of defaults. And then claim this excess capital that we stole from ourselves (via NIRP) is what is causing the excessive market demand for return of capital (aka safe haven) and thus NIRP.

Soc. We shall know better, my good friend, in a little while. The point which I should first wish to understand is whether the [capital] or [money] is beloved by the [1‱] because it is [money], or [money] because it is beloved of the [1‱].

(Germaneness mine.)

Yes, you are.

Well if you are demonstrating that the large disparity indicates unsustainable decadence and exploitation in the upper echelons of power then I agree.

[username18333]

Hark, “the pious or holy” (Plato) “the capital or money” (qtd. in username18333) is “a yoke” (Jer. 28.14).

[bit1]

Unique currency must be avoided   reason:  https://bitcointalk.org/index.php?topic=1108280.0         

[TPTB_need_war]

War coming to the Baltics by 2017. TPTB are moving us to the "10 Kings" (regions) of the NWO.

http://www.armstrongeconomics.com/archives/34302

Russia Reinterprets the Legality of the Break up of the Soviet Union

Yet, Russia’s chief prosecutor declared that the transfer of Crimea from Russia to Ukraine in 1954 was illegal. He declared that at the time Russia and Ukraine were republics of the USSR under communist leader Nikita Khrushchev. Therefore, Russia’s annexation of Crimea in March 2014 was internationally condemned. However, it is argued that ethnic Russians there voted to rejoin Russia, in a highly controversial referendum. This new interpretation is to support the claim that Crimea was part of Russia, not Ukraine.

There are large populations of ethnic Russian minorities in Estonia and Latvia, while Lithuania has a smaller ethnic Russian minority. This is raising tensions, given that the chief prosecutor is now “investigating” whether the Baltic States could legally be granted independence. A source at the prosecutor’s office, quoted by Russia’s Interfax news agency, said the investigation into the Baltic States’ independence followed a request from two parliamentary deputies, MPs Yevgeny Fyodorov and Anton Romanov, who are of President Vladimir Putin’s United Russia party. They say that the 1991 decision to recognize Baltic independence was performed “by an unconstitutional body”.

Estonia, Latvia, and Lithuania joined the EU and NATO in 2004. In recent years, Russia has viewed that as a hostile challenge to its security interests. Russian-Baltic tensions have since been rising post-Crimea annexation and the outbreak of fighting in eastern Ukraine in April 2014.

NATO has stepped up its presence in the Baltic States, responding to massive Russian military exercises on its borders, including heightened Russian air force activity in the Baltic. The Russian chief prosecutor’s investigation introduces another tension, for if war is to break out, it will be most likely be in 2017.

http://www.armstrongeconomics.com/archives/34402

Cyprus – Greece – Whose Next?

The Sovereign Debt Crisis began with Greece asking for help from the IMF to the day of Pi from the peak in the ECM 2007.15. The EU then crushed Cyrus to see how they could get away with not paying people or honoring their debts. The Cyprus experiment was the start of the Bail-In that is now a matter of law in just about every country.

It is amazing just our stupid society really is. We pay no attention to what government does and allow them to take little by little everything we have and from future generations. The EU covertly Staged Coup Against Berlusconi in Italy to remove him from politics because he wanted to exit the Euro. The EU rigged the Scottish to prevent any exit from the EU. They will do the same with Britain if Cameron dares to really honor his pledge. Then the EU organized a rigged court to rule that the Spanish have no Right to Vote for independence. Now the EU simply says they will not negotiate with any democratically elected government in Greece that expects to do anything other than what they dictate.

It does not take much to connect the dots here. Nothing is real any more? We actually have no democracies in the world – they are all Republics which pretend representatives claimed they are elected for life. They now have the audacity to deny any right to vote against their demands – this is the real Crisis in Democracy, albeit really a Crisis is Republicanism.

The Euroland countries recently tried to stop the IMF publishing its gloomy analysis of Greece’s debt burden which the leftist government says vindicates its call to voters to reject bailout terms. The document released in Washington on Thursday said Greece’s public finances will not be sustainable without substantial debt relief, possibly including write-offs by European partners of loans guaranteed by taxpayers. Greece will need at least 50 billion euros in additional aid over the next three years to keep itself afloat.

The Euro is a failed experiment and the purpose was to prevent European wars, when in fact, it is not fanning the fires of separatists. The EU Commission is trying to takeover Greece outright denying the people any right whatsoever to be heard. This is no different from Iraq invasion of Kuwait except the force of arms.

The EU will isolate the Greek system and the favorite threat of the IMF to force capitulation of all tax shelter nations is that they will be cut out of the SWIFT system. That will prevent them from moving money in or out.

[TPTB_need_war]

This is the most interesting article I've read in a long time:

http://asia.nikkei.com/Viewpoints/Perspectives/How-China-renationalized-its-economy

State-Corporate fascism via taxation. Welcome to Economic Totalitarianism in China. This is the model of the coming NWO.

...There won't be any place on earth to emmigrate to. This totalitarianism is global this time. You have 3 axis powers pretending to be antagonists who are really working together to enslave the people, and between them their militaries can reach any corner of the globe. China has a huge standing army to deploy to South America, Africa, etc.. They will hunt you down.

I do not agree with the following analysis. Armstrong's models are correct, but he is incorrect about the existence of TPTB because for example he believes in a multi-polar world where Russia, China, and the USA are not actually complicit and not just pretending to be antagonists. He ignores all the proof that I've sent him that they are indeed fake antagonists who are controlled by TPTB. The data in his models can not capture this complicity between the world's axis powers.

...

P.S. This myopia is also related to why Armstrong's proposed solutions for Greece and the sovereign debt crisis in general are untenable at best, and even if they could be implemented they would be a horrible result for mainstreet over the long-term, because all his proposals involve the centralization of power. I have explained why in prior posts about them. For example, the only way Greece could survive a GrExit would be with the access to international markets, but the axis powers are complicit. As for the debt for equity swap Armstrong proposes (sovereign debt exchanged for corporate shares), I explained in the past that this requires that investors have a fungible valuation of disparate companies. The only way that proposal is workable is if it is basically transferring a basket of all public companies to a single entity that holds all the debt, i.e. the TPTB. It is just same FDR gold swindle in disguise all over again. I really think Armstrong works for TPTB. He is advocating a one-world currency reserve and world domination by TPTB. That is coming and inevitable, and our escape is the Knowledge Age and our own decentralized, scalable, anonymous cryptocurrency.

[TPTB_need_war]

But it doesn't distract too many brain cells to comment on Armstrong's continued myopia on the manipulation the axis powers are doing by pretending to be antagonists. I wish someone would email this rebuttal to Armstrong and demand he justify his nonsense. I got tired of emailing him.

http://www.armstrongeconomics.com/archives/34968

IMF Says Greek Debt Should be Foregiven

Even the IMF has come out now and warned that Greece may need a complete debt write-off. That is sending an economic earthquake through Europe for it undermines the political position of Merkel entirely. There is no doubt about this, Greece cannot pay and cannot raise taxes yet simultaneously still have any viable economy. This is the collapse of Socialism.

So why has the IMF turned around? If Greek’s debt is not written off, the harsh economic conditions being imposed will merely send Greece into the waiting arms of Russia. This is now becoming political with the IMF agreeing with the Obama position.

What you need to understand is that the grand plan (further behind the curtain than Armstrong has access) has been ever since the Euro was created, is that the irreparable debts would be consolidated onto the entire EU balance sheet. The plan all along was a new world order government and financial system, with the 10 Kings regions from the Bible (European Union, Asian Union, North American Union, South American Union, etc) as the next step towards that goal.

So this above with the IMF, Russia, Merkel is just more of the usual Hegelian dialectic (a.k.a. good car salesman, bad car salesman) ploy wherein there appears to be antagonists, but in reality they are all just pretending and squeezing the masses in between a rock and a hard place so the ultimate result is towards the shared goal of TPTB in all regions and nations.

So the IMF will pretend to be the good guys, so Germany will be forced to accept unifying the debts of Europe in order to prevent Greece from falling to the bad guys Russia.

Sheesh, Armstrong is as gullible as a 5 year old sometimes.

Edit: this interview is illuminating:

http://www.newstatesman.com/world-affairs/2015/07/yanis-varoufakis-full-transcript-our-battle-save-greece

[TPTB_need_war]

Assume this is correct--i do.   The question becomes, "Where are the fringes? Where is the new growth happening from below? How can I gauge these reteritorializations?

From my vantage point, there is no dearth of innovation:

https://news.ycombinator.com/item?id=9812245
https://hn.algolia.com/?query=Who%20is%20hiring&sort=byPopularity&prefix=false&page=0&dateRange=all&type=story

The problem is the bastards have much of this innovation in check, due to the triumvirate (the real Troika) protocols of money, governance, and non-anonymous master-servant (a.k.a. client-server) internet.

It is my strong belief that if we provide the correct decentralized, anonymous protocols for those three, the spark will turn into a fledgling tidal wave hidden under the surface at sea heading towards beach fronts.

The block chain is a central component, but (afaik) everyone has been doing it (slightly but thus catastrophically) wrong.

I would say that governments that keep going to corporations to solve problems: prisons, hospitals, education, ect,  are sidestepping and allowing the  more efficient link from corporation to consumer (how parasitic is this link would need some benchmark analysis to answer less philosophically, more analytically). How long does this transference last? Can the state survive? Was the idea of a physical border (the physical state) keeping us safe(r) demolished on 9/11?

The State as a parasite can only survive in the NWO, one-world system which is a 666 red blood sucking eugenics. In my mind, the key essence point to make is that the existing system can not transition seamlessly (gradually or smoothly) to a new decentralized Knowledge Age system, because the State system is inherently centralized. Centralized systems can't slowly become decentralized. They are eaten from below until they collapse and that collapse can be very messy (deadly).

[TPTB_need_war]

To me it appears 2015.75 will be the beginning of a federalized Europe and eliminating cash, all signs are pointing towards totalitarianism despite the European peoples wishes.

http://www.lejdd.fr/Politique/Francois-Hollande-Ce-qui-nous-menace-ce-n-est-pas-l-exces-d-Europe-mais-son-insuffisance-742998

Agreed. 2016-2017 is the ratcheting of the cascade for submission of sovereignty for EU nations.

For the USA, that will come later in 2017-2018 with the peak ingress of safe haven seeking capital-chasing-capital ducks stampede in from the periphery and with the allegedly closet-lesbian, ashtray-hurling, führer Hellary Slimeton at the "Little Village" socialism, concentration camps "either you are with us or against us" profiling helm.

Note Asia will also experience a sharp downturn (shrinkage of their export markets, corporations sold huge bond issues denominated in dollars and $usd will appreciate) but unlike the Western nations which are burdened with fiscal debt, Asia's excessive debt load is only at the corporate level (even in China because bankrupt LGOs should be viewed as separate from the central government and can be politically thrown overboard in defaults/writedowns) and can be defaulted. Thus Asia will bottom 2020 and start rising again. While the Western nations are politically embroiled in a fiscal debt morass NWO from which there is no escape other than a Knowledge Age for those who avail of it.

However, Asia will lead the NWO because Asia is top-down run by fascist taipans. Thus the real antithesis to the NWO is the Knowledge Age and not Asia's fiscal and youthful demographics buoyancy that is being harvested by the taipans.

Question about 2015.75. It seems Greece and its creditors have managed to extend-and-pretend into 2016, and that looked to be the most obvious source of sovereign debt contagion. (Of course it is still possible this latest bailout deal will unravel.) Is there another one?

My model of the Euro crisis is that TPTB created the Euro currency union separate from a fiscal union, to enable the model for cascade into a NWO.

They pumped debt into the overvalued nations then as the usury compounded coupled with the appreciation of the Euro that outran their incapacity to produce, the impending defaults forced a choice of increasing the debts or defaulting.

The EU banking model was set up such that the member nations would have no realistic choice but to accept ever increasing debt bailouts (coupled with austerity which accelerates the need for more debt bailouts). TPTB have forced the national fiscal balance sheets to assume this debt and they are metastasizing this debt load throughout the EU into the northern balance banks and also eventually entirely on the northern fiscal balance sheets:

see also this:

https://www.youtube.com/watch?feature=player_detailpage&v=xu5sTyAXyAo#t=526

It is interesting that Ireland will pay billions for decades in a modern form of
Danegeld and only a select few insiders aware of the flow. Expect the flow to increase
until it can no longer be hid.  

Simultaneously TPTB set up the Basel rounds of increasingly strict banking disclosure and mark-to-market Tier capital classifications which are being staged phased in to ratchet the cascade contagion.

The cascade model is that the instances of debt crises throughout the EU will accelerate until all the nation-states are incapacitated by debt on their fiscal balance sheets, at which point they will have entirely submitted their sovereignty to the EU and ECB.

So the contagion will not be a debt default until it encompasses a default of all the EU nations, and at that point there will be monetary reset with sovereignty submitted to the EU, wherein all the debts will be written down using the ECB.

I predicted this in 2010 with the widely syndicated essay:

http://www.coolpage.com/commentary/economic/shelby/Understand%20Everything%20Fundamentally.html#europe

You will probably need a week or two of studying the thread slowly.

I will be the first to admit I needed a week to fully absorb the following works of AnonyMint.

The Rise of Knowledge
Understand Everything Fundamentally

Together these are quite simply the most insightful piece of economic theory I have ever read.

If the author is right and I think he is we are all in the midst of a tragedy of epic proportions.  It is sad unstoppable and will devastate the lives of much of humanity.Once you understand the basics of the modern financial system you are ready to move on to Anonymint's more complex writings and ideas. I would start with

Understand Everything Fundamentally

Understand everything fundamentally covers the broader principle of collectivism and its dangers including the tragic consequences of our current economic trajectory. It also covers the principles of centralization and degrees-of-freedom in the economy. Next up is

The Rise of Knowledge

The rise of knowledge is in my opinion the very best of Anonymint's writing. In it he covers finance and why the role of finance and debt will progressively decline in the future. It is a compelling argument that describes how and why humanity will eventually and inevitability break free of the chains of finance and unrestrained collectivism and enter an age of knowledge.

CoinCube Highlights:
Information is Alive
The Entropic Theory of Life
A Defense of Socialism
The Birth of Contentionism

[TPTB_need_war]

Greece will default.

No it won't!

Your model of the goal and outcome is wrong. Read my my post at the following link:

https://bitcointalk.org/index.php?topic=1082909.msg11937734#msg11937734

The entire EU will brought into debt crisis and only then will there be a monetary reset in a NWO slavery system.

Dumb ass European people can't even see what is so obvious to me since 2010 when I predicted this outcome.

[lissandra]

I see one world reserve currency as bitcoin, but the metrics would be crazy.

Like 1 bitcoin repersents a nations debt of $1 million. or something along the lines of seeing a metric of value of debt with bitcoin.

[TPTB_need_war]

I see one world reserve currency as bitcoin, but the metrics would be crazy.

Like 1 bitcoin repersents a nations debt of $1 million. or something along the lines of seeing a metric of value of debt with bitcoin.

You didn't understand a damn thing from the thread.

You don't even know what a reserve currency means. Sheesh. And your fantasies about Bitcoin are typical of the newbie Bitcoin retard brigade.

[TPTB_need_war]

This back an forth is uninteresting and can be simplified mathematically to the following.

F(x)=

CoinCube: For any finite value of x the function is not 0
TPTB_need_war: The answer is 0
CoinCube: For a finite value of x the function is greater than zero
TPTB_need_war: Why do I have to repeat myself the answer is zero

You have a blind spot when it comes to economics.

If the opportunity cost of not joining the Knowledge Age is say 10 - 100X greater than remaining in the financed NWO morass, the profit margins of the financed world go negative (in fact this has already happened in China in the export manufacturing sector!) because you have too many competing for the same small bounded value (relative to the Knowledge Age value and the unbounded opportunities for growth).

Thus collapse to 0. That collapsed financed NWO system will try to survive by TOTALITARIANISM and eugenics.

Q.E.D.

[SimpleIn]

The case of Russia is counted as not particularly successful. You look just in one day. But I think everything is counted for many years. Perhaps it is well-planned plan.

[HarHarHar9965]

I see one world reserve currency as bitcoin, but the metrics would be crazy.

Like 1 bitcoin repersents a nations debt of $1 million. or something along the lines of seeing a metric of value of debt with bitcoin.

You didn't understand a damn thing from the thread.

You don't even know what a reserve currency means. Sheesh. And your fantasies about Bitcoin are typical of the newbie Bitcoin retard brigade.
[/quote]

exactly man, the reserve currency and the world reserve currency are super complicated and different, not as basic as you understand them to be. And Bitcoin becoming the world currency is something which is every bitcoin noob's wet dream, thinking that that little satoshi he owns from signature campaigns and faucets will be worth so much, haha. Let's keep it real.

[username18333]

[...]

If the opportunity cost of not joining the Knowledge Age is say 10 - 100X greater than remaining in the financed NWO morass, the profit margins of the financed world go negative (in fact this has already happened in China in the export manufacturing sector!) because you have too many competing for the same small bounded value (relative to the Knowledge Age value and the unbounded opportunities for growth).

Thus collapse to 0. That collapsed financed NWO system will try to survive by TOTALITARIANISM and eugenics.

Q.E.D.

(Colorization mine.)

If an "economic object" should prove detrimental to plutocracy, it should also, therefore, prove moneyness-less. (I.e., "the capital or money is . . . money because it is beloved of the [one basis point]" [qtd. in username18333] [emphasis added].)

[TPTB_need_war]

This is not just about Putin as the good guy in the good cop bad cop dialectic. This is not the red vs the blue or bad nations vs good nations.

Reading regular news sites around the world people see that yes, scumbags are lying, perpetrating false flags, stealing money...to the benefit of the few. This is not just exposing the bad cop which would be some nations, but it is exposing the bad cop as the rulers of those nations.

I already said that if you read some sites, forums, it is littered with comments about banks, NWO, question about terrorist attacks, who benefits, people questioning what happens after this scripted WW3 (if it happens).

They know WW3 is a script!

The point is this: people are becoming very aware of the false hegelian dialectic that leads to something. Problem, reaction, solution, because it happens time after time.

As you said, Putin is laying out how corrupt the G20/USA/dollar hegemony system is. This is all to join with Asia to push for a NWO reserve currency where not one nation's currency is used as a reserve. This is globalist hegemony. Putin knows who he works for.

The banksters are running the script... except as I explained upthread to rpietila, if these banksters refused to do this, nature would overpower them and replace them with banksters that will do it, because the people demand their humanistic outcome.

This is all the nature of man— the 666.

There is nothing anyone can do about this. It is a cycle of nature. It is entirely natural. Get out your popcorn and watch it on CNN.

[TPTB_need_war]

As I warned you, the countries will be pushed towards cooperating against financial crime:

http://www.theguardian.com/news/2016/apr/03/what-you-need-to-know-about-the-panama-papers

The globalists are destroying the nation-states on purpose and inciting the masses to clamor for a global discipline on malfeasance. I've known for a long time this would be coming. One thing you will learn about me by observing me over time is my ability to predict the future. For example was my 2011 prediction that the nations would not exit the EU and instead would double-down for more sloppy seconds.

[sidhujag]

As I warned you, the countries will be pushed towards cooperating against financial crime:

http://www.theguardian.com/news/2016/apr/03/what-you-need-to-know-about-the-panama-papers

The globalists are destroying the nation-states on purpose and inciting the masses to clamor for a global discipline on malfeasance. I've known for a long time this would be coming. One thing you will learn about me by observing me over time is my ability to predict the future. For example was my 2011 prediction that the nations would not exit the EU and instead would double-down for more sloppy seconds.

Its all common sense your nothing special.. btw the EU experiment will end, countries will leave and it will cause havok. There's my prediction for today.