When Money Dies
From Organic Design wiki
- When Money Dies
- The Dollar Vigilante Interviewed on Freedomain Radio (YouTube)
Jeff Berwick, the host of Dollar Vigilante speaks to Stefan Molyneux of Freedomain Radio about inflation, the Federal Reserve, fiat currencies, fiscal collapse and the light at the end of the tunnel. http://www.dollarvigilante.com
Topics
- Austrian economics (i.e., true economics)
- By some estimates, war costs the world approximately $8-Trillion per year
- Education/indoctrination
- Central banking, an abomination to free market, one of the ten planks of Marxism
- We have been in a truly fiat currency system for only 40 years (1971)
- Inflation of fiat currency enables wars
- No fiat currency ever lasts very long; they are only backed by guns
- Fiat currency is antithetical to free market (relies on force) and capitalism (actually is Marxist)
- Licensing is nothing more than bribing officials for permission to do business
- Our system is essentially pockets of quasi-black market activity enabled by bribery in a statist monopoly
- So-called 'anarchist' protests are actually against austerity (want free stuff taken by force from others)
- So-called revolution for 'democracy' is actually fomented by interests in maintaining status quo (excuses for crackdowns)
- He who does not understand the world in the age of the internet is a self-made idiot (ignorant by choice)
- Property rights and non-aggression principles are all we need to understand.
- US Gov't knows it's bankrupt, hence in desperation, deceives the people by means of Quantitative Easing (inflation)
- Federal Reserve has stopped reporting how much they are adding to the money supply see: ShadowStats.com
- Austrian method of calculating inflation
- Federal Reserve is by far the largest buyer and holder of US Bonds (We pretend to loan, they pretend to repay)
- The unprecedented risk of inflation of the only world-reserve currency
- The use of war and threat of war against scapegoat nations (e.g. China) and as a political diversion from national bankruptcy
- The peak of precious metals as the USD collapses
- The USD will likely be backed by gold (after bankers capture the title of ownership of all mortgaged property from defaults in lower strata)
- GAAP estimate of US national debt is 70-Trillian USD, 900,000 USD per family
