Why a state of emergency "due to currency collapse" only benefits the elite
zen at freedbms.net
Fri Jan 25 13:03:08 PST 2019
On Fri, Jan 25, 2019 at 02:19:58PM -0300, Punk wrote:
> On Fri, 25 Jan 2019 17:46:48 +1100
> Zenaan Harkness <zen at freedbms.net> wrote:
> > On Fri, Jan 25, 2019 at 02:06:01AM -0300, Punk wrote:
> > > On Thu, 24 Jan 2019 15:55:10 +1100
> > > Zenaan Harkness <zen at freedbms.net> wrote:
> > >
> > > > The looming US Dollar collapse is something the Lame Stream Media and
> > > > "the elite" want us to believe requires "a state of emergency" to be
> > > > declared.
> > > >
> > > > This is simply not true - a new currency could immediately replace
> > > > the old, within say 48 hours maximum.
> > >
> > > what currency can do that?
> > What currency would you accept?
> > Gold and silver coin?
> Yeah, gold and silver are fine. I'm not sure they could be
> (re)adopted overnight, not because of any fault of their own but
> because the govt money system is obviously entrenched. On the
> other hand, it can happen gradually and probably in a gradual but
> fast way.
Yes, gold and silver would require some time, certainly. A
replacement fiat is what could be done very quickly in comparison.
> > Some digital coin? Everyone gets a million digits to start?
> I don't think cryptocurrencies are mature enough. There's no
> scalable, decentralized, anonymous cryptocoin as far as I know.
> Gold and silver are pretty hard to beat =)
Indeed - instrinsic value, traditional money, reserves of all sane
"reserve" banks, etc etc
> > > > The problem with the simple option is that this simple option implies
> > > > a wipe out of existing debts, and complete "debt forgiveness" for
> > > > outstanding debtees - in particular, the USA government i.e.
> > > > "nominally, the people".
> > >
> > > that isn't exactly a problem - they will repudiate their
> > > debts. That's not a problem(for them) - that's their
> > > objective.
> > The point is, control intends to maintain control, by the mechanisms
> > in place and the shift soon to come.
> Yes and debt repudiation either outright or through massive
> inflation is one way to maintain control.
Ack. I can see my words were ambiguous. I do agree.
> > Another point is, can we shift in a way which is more useful, or
> > makes more sense for more folks...
> Seems unlikely for the time being given the current political
> 'culture' (or complete lack of culture rather)
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