I stand sovereign under the three Laws of Ethics ONLY. As I might stand alone, the costumed bullies can surely bully Me, but when enough of Us so stand in aggregate, They (the psychopaths presently in control and Their costumed goons) will have no power.
Yes, the Ones We see in those for-profit corporations called "governments" are helping the psychopaths in Their aims.
I doubt the press secs know this stuff. They're just workers, which is why I've been so easy with them so far. But this is too good on opportunity to pass up. Given what Orr said.
I traveled third world in the 80s and 90s, went right thru Africa, from Spain right down to Cape Town (8 months), and most of South and Central America (12 months). Hard to believe now, as i am nearly 60, but yes, the currencies of these countries, and the poor common people who got, and get smashed. One day i walked from a hotel in La Paz, Bolivia, and saw a wad of currency notes in the gutter. I picked it up, and a local laughed, and I found out it was a cancelled currency. And, yes, that's how it is in the end. I kept notes and coins from every country, and still have them. But it is disturbing to research what has gone on over the last 60 or so years all over the world, and since recorded history. I was in Zimbabwe in 87' when it was two Zimbabwe dollars to one US dollar. And in Argentina in 89/90, when the werewolf lookalike president, Carlos Menem was artificially linking the Peso (or whatever it was called then) to the US dollar (cheap for locals to buy dollars) to bribe election votes from the citizens. Made it very expensive for tourists like me. But after he won the election, he had to release the pressured exchange controls, and of course it ballooned out. And Brazil in the 70s and 80s, check it out, they used to lop 000s off the notes periodically, and without Googling, it called the Cruzardo? Anyway, freaking appalling regardless, and as always, the common people pay the price. So much to say on this subject, and i will say much more in later posts. Cheers!
You've had an interesting time; currency is a very useful lens to view a country's political/economic history. I find old numismatic coins interesting for this reason. Watching the silver content change, or be removed for example. I've also held large masses of notes in my possession which essentially have no value (mainly in Asia; Nepal and India for example). I lived in China, and the yuan was stable, but I saw plenty of examples of old Chinese currency in the markets. Same travelling in Eastern Europe in the 90s and bought some - now long lost.
The Zimbabwe example is useful because most people remember it; I'm hearing a lot right now about how well the stock market is doing (I assume people mean the Dow or S&P because the NZX is pretty down and flat to my mind - but I don't partake so I never engage) so I like to point out what happened to the Zimbabwe stock market when the economy collapsed and the currency died (if you click on 'All' - https://tradingeconomics.com/zimbabwe/stock-market) = I see a crack-up boom - but not here. And what the hell has happened to cocoa? (a wildly tangential aside)
Anyway, all fiat currencies die, the RBNZ knows it, they know I know it, so they're not going to engage, and I'm going to keep asking questions.
I'm currently researching the shenanigan's around the forming of the RBNZ. Suffice to say the lies they (Treasury, Bank of England, press, politicians, bankers) used to sell it are fantastic and I can't believe people believed them. There are indications many didn't, though I've not got too deep into that yet. But the propaganda and social conditioning is very obvious 90 years on. If you're interested, this Dominion press 3 part series (which I'm going to tear apart) is very revealing of the type of propaganda that stepped NZ not quite to a full debt based fiat system, but 95% of the way there. https://paperspast.natlib.govt.nz/newspapers/DOM19300909.2.27 (pt 1 of 3). Search for "Wobbling Money" 1930 to give you the other parts. And in the context of what happen in 1914 and 1920 to money, the line of argument shocks me.
Oh well, if nothing else we live in interesting times.
Decades ago, I read "Restoring the American Dream" 1979 I think, by US libertarian entrepreneur Robert Ringer, which started me on my research into how this all works. And funny, but he was concerned with the Federal deficit back then, which wasn't much compared to today. This book has interesting chapters on the origins of modern banking, how fractional reserve came about, usury etc., and sheds light on the causes of inflation, and the smoke-and-mirrors of money creation. And to be honest, I'm still a bit confused by the mechanics of how its actually done.
Then I dug into the Auckland Public Library basement and retrieved "The Economic Consequences of the Peace", but a certain John Maynard Keynes, 1923, in which, and again without Google, he admits how currencies are inflated by government decree, and that "not one man in a thousand (or million?) understands" this sleight-of-hand process.
I have a copy of Von Mises, " The Theory of Money and Credit, but its heavy going, and I can't say I've read it through from cover to cover, but picked away over the years. I have nothing like your knowledge, which i think is rare, and impressive.
Another great book is "Debt, the first 5000 years" by David Graeber, and again, heavy going but I do read chapters periodically. Another great mind, and such amazing research. Cheers,
Thank you for the Ringer reference. I'll definitely have a look if I can find it (I find archive.org very useful, though I'll probably buy it to add to my collection). I know Graeber well, my own copy now falling apart. One of the most important books so far this century in my opinion. I'm familiar with Mises and I agree, he's very tough going. I find Rothbard much more accessible. You're probably familiar with mises.org, but if not, you can get all his books as pdfs for free, or buy hardcopy reprints.
As for Keynes...don't get me started. I referred to exactly that book in this essay I published last month.
It's his type of thinking that has got us here. Though even Keynes might flinch at how far his ideas have been taken. Like Richard Werner of Princes of the Yen fame. The QE he invented has been extremified. And he's not happy.
I've a question for Adrian Orr about Keynes coming up (I'm sending a daily set of media questions to the RBNZ, wait a few days, no response, publish, and we'll see where it goes).
You might be interested in the rest of the series about the real history of NZ's money. It's a work in progress; I'm currently working on the RBNZ section. Suffice to say more lies were used to institute it. And it was of course a banker operation run by Treasury.
I got my start on this with "Money, whence it came, where it went", John Kenneth Galbraith, 1979. Found it in a secondhand bookshop about 30 years ago. It said money was created out of thin air. I didn't believe it...until I checked. Now of course it's easy to prove. First the internet, now the bankers openly admit it. But then, very difficult to find good info.
If you're interested in my reading list it's here.
I stand sovereign under the three Laws of Ethics ONLY. As I might stand alone, the costumed bullies can surely bully Me, but when enough of Us so stand in aggregate, They (the psychopaths presently in control and Their costumed goons) will have no power.
Yes, the Ones We see in those for-profit corporations called "governments" are helping the psychopaths in Their aims.
Shall We end this?
The Three Laws of Ethics (article): https://amaterasusolar.substack.com/p/the-three-laws-of-ethics
Just Stop Consenting! (article): https://amaterasusolar.substack.com/p/just-stop-consenting
As you say - slavery and theft.
I doubt the press secs know this stuff. They're just workers, which is why I've been so easy with them so far. But this is too good on opportunity to pass up. Given what Orr said.
I traveled third world in the 80s and 90s, went right thru Africa, from Spain right down to Cape Town (8 months), and most of South and Central America (12 months). Hard to believe now, as i am nearly 60, but yes, the currencies of these countries, and the poor common people who got, and get smashed. One day i walked from a hotel in La Paz, Bolivia, and saw a wad of currency notes in the gutter. I picked it up, and a local laughed, and I found out it was a cancelled currency. And, yes, that's how it is in the end. I kept notes and coins from every country, and still have them. But it is disturbing to research what has gone on over the last 60 or so years all over the world, and since recorded history. I was in Zimbabwe in 87' when it was two Zimbabwe dollars to one US dollar. And in Argentina in 89/90, when the werewolf lookalike president, Carlos Menem was artificially linking the Peso (or whatever it was called then) to the US dollar (cheap for locals to buy dollars) to bribe election votes from the citizens. Made it very expensive for tourists like me. But after he won the election, he had to release the pressured exchange controls, and of course it ballooned out. And Brazil in the 70s and 80s, check it out, they used to lop 000s off the notes periodically, and without Googling, it called the Cruzardo? Anyway, freaking appalling regardless, and as always, the common people pay the price. So much to say on this subject, and i will say much more in later posts. Cheers!
You've had an interesting time; currency is a very useful lens to view a country's political/economic history. I find old numismatic coins interesting for this reason. Watching the silver content change, or be removed for example. I've also held large masses of notes in my possession which essentially have no value (mainly in Asia; Nepal and India for example). I lived in China, and the yuan was stable, but I saw plenty of examples of old Chinese currency in the markets. Same travelling in Eastern Europe in the 90s and bought some - now long lost.
The Zimbabwe example is useful because most people remember it; I'm hearing a lot right now about how well the stock market is doing (I assume people mean the Dow or S&P because the NZX is pretty down and flat to my mind - but I don't partake so I never engage) so I like to point out what happened to the Zimbabwe stock market when the economy collapsed and the currency died (if you click on 'All' - https://tradingeconomics.com/zimbabwe/stock-market) = I see a crack-up boom - but not here. And what the hell has happened to cocoa? (a wildly tangential aside)
Anyway, all fiat currencies die, the RBNZ knows it, they know I know it, so they're not going to engage, and I'm going to keep asking questions.
I'm currently researching the shenanigan's around the forming of the RBNZ. Suffice to say the lies they (Treasury, Bank of England, press, politicians, bankers) used to sell it are fantastic and I can't believe people believed them. There are indications many didn't, though I've not got too deep into that yet. But the propaganda and social conditioning is very obvious 90 years on. If you're interested, this Dominion press 3 part series (which I'm going to tear apart) is very revealing of the type of propaganda that stepped NZ not quite to a full debt based fiat system, but 95% of the way there. https://paperspast.natlib.govt.nz/newspapers/DOM19300909.2.27 (pt 1 of 3). Search for "Wobbling Money" 1930 to give you the other parts. And in the context of what happen in 1914 and 1920 to money, the line of argument shocks me.
Oh well, if nothing else we live in interesting times.
Decades ago, I read "Restoring the American Dream" 1979 I think, by US libertarian entrepreneur Robert Ringer, which started me on my research into how this all works. And funny, but he was concerned with the Federal deficit back then, which wasn't much compared to today. This book has interesting chapters on the origins of modern banking, how fractional reserve came about, usury etc., and sheds light on the causes of inflation, and the smoke-and-mirrors of money creation. And to be honest, I'm still a bit confused by the mechanics of how its actually done.
Then I dug into the Auckland Public Library basement and retrieved "The Economic Consequences of the Peace", but a certain John Maynard Keynes, 1923, in which, and again without Google, he admits how currencies are inflated by government decree, and that "not one man in a thousand (or million?) understands" this sleight-of-hand process.
I have a copy of Von Mises, " The Theory of Money and Credit, but its heavy going, and I can't say I've read it through from cover to cover, but picked away over the years. I have nothing like your knowledge, which i think is rare, and impressive.
Another great book is "Debt, the first 5000 years" by David Graeber, and again, heavy going but I do read chapters periodically. Another great mind, and such amazing research. Cheers,
Thank you for the Ringer reference. I'll definitely have a look if I can find it (I find archive.org very useful, though I'll probably buy it to add to my collection). I know Graeber well, my own copy now falling apart. One of the most important books so far this century in my opinion. I'm familiar with Mises and I agree, he's very tough going. I find Rothbard much more accessible. You're probably familiar with mises.org, but if not, you can get all his books as pdfs for free, or buy hardcopy reprints.
As for Keynes...don't get me started. I referred to exactly that book in this essay I published last month.
https://craighutchinson.substack.com/p/new-zealands-financial-resets-110-022
It's his type of thinking that has got us here. Though even Keynes might flinch at how far his ideas have been taken. Like Richard Werner of Princes of the Yen fame. The QE he invented has been extremified. And he's not happy.
I've a question for Adrian Orr about Keynes coming up (I'm sending a daily set of media questions to the RBNZ, wait a few days, no response, publish, and we'll see where it goes).
You might be interested in the rest of the series about the real history of NZ's money. It's a work in progress; I'm currently working on the RBNZ section. Suffice to say more lies were used to institute it. And it was of course a banker operation run by Treasury.
https://craighutchinson.substack.com/p/nz-financial-resets
I got my start on this with "Money, whence it came, where it went", John Kenneth Galbraith, 1979. Found it in a secondhand bookshop about 30 years ago. It said money was created out of thin air. I didn't believe it...until I checked. Now of course it's easy to prove. First the internet, now the bankers openly admit it. But then, very difficult to find good info.
If you're interested in my reading list it's here.
https://craighutchinson.substack.com/p/accessible-books-on-finance-and-economics
Thanks for the comment.
Cheers