There's only one way to discharge debt. Over throw of the government.

[phill4paul]

Unless the current government is over thrown then the debt and governance will lead us, individuals, into submission.

Prove me wrong. Prove there is another way beside rebellion.

 

[r3volution 3.0]

There's default....

...which is not going to be allowed for political reasons, but not for the reasons you think.

 

[Anti Federalist]

There's default....

...which is not going to be allowed for political reasons, but not for the reasons you think.

That's going to happen whether the powers that be want it to or not.

 

[r3volution 3.0]

That's going to happen whether the powers that be want it to or not.

No, the Fed can monetize every (dollar denominated) debt in the world tomorrow if they like.

And that is what they will do, because inflation is always politically preferable to a healthy liquidation.

The deflationists like Mish, if you're familiar with him, financial news guy, are wrong for that reason.

Liquidation is what should happen, but the central banks simply will not allow it, because the politicians will not allow it.

So we will have a very inflationary future, as they print all the money required to keep all these zombies functioning.

 

[Anti Federalist]

No, the Fed can monetize every (dollar denominated) debt in the world tomorrow if they like.

And that is what they will do, because inflation is always politically preferable to a healthy liquidation.

The deflationists like Mish, if you're familiar with him, financial news guy, are wrong for that reason.

Liquidation is what should happen, but the central banks simply will not allow it, because the politicians will not allow it.

So we will have a very inflationary future, as they print all the money required to keep all these zombies functioning.

I guess that's how they are planning to "repay" the debt.

Inflate to astronomical, Zimbabwe proportions, pay off the debt with 1 Trillion dollar bills, then declare "new" dollars and start the whole song and dance all over again.

I'll trade two bits of a PM round for enough play money to pay off my piddly $150,000 mortgage and call it good.

Look, we've reached a point where men in dresses, chemically enhanced tits and decreeing that they are women, who are issuing legally binding fatwas that say you will get arrested for celebrating Christmas with your family or going to church.

I've got a limited supply of fucks to give, and I can't spare any for the christless debt right now.

 

[r3volution 3.0]

I guess that's how they are planning to "repay" the debt.

Inflate to astronomical, Zimbabwe proportions, pay off the debt with 1 Trillion dollar bills, then declare "new" dollars and start the whole song and dance all over again.

I'll trade two bits of a PM round for enough play money to pay off my piddly $150,000 mortgage and call it good.

Look, we've reached a point where men in dresses, chemically enhanced tits and decreeing that they are women, who are issuing legally binding fatwas that say you will get arrested for celebrating Christmas with your family or going to church.

I've got a limited supply of fucks to give, and I can't spare any for the christless debt right now.

Well, you'd better reserve a fuck or two. As I say, culture follows material conditions.

If people are living like dogs, they'll behave like dogs (what do you think "ghetto" culture is?).

Anyway, it's probably not going to get to Zimbabwean proportions; perhaps more like Argentina.

Do you know Ferfal?

 

[Anti Federalist]

As I say, culture follows material conditions.

Interesting.

I think just the opposite is true.

Culture sets a societal stage for prosperity.

 

[Anti Globalist]

Doubtful that an overthrow is going to happen anytime soon.

 

[Invisible Man]

Rebellion also leads to submission. Just to a different regime.

You've got to serve somebody.

 

[oyarde]

Rebellion also leads to submission. Just to a different regime.

You've got to serve somebody.

i think God wants me to serve myself

 

[Proph]

Unless the current government is over thrown then the debt and governance will lead us, individuals, into submission.

Prove me wrong. Prove there is another way beside rebellion.

Don't use Theire currency. (Problem solved!)

"War is the health of the State."

 

[Krugminator2]

No, the Fed can monetize every (dollar denominated) debt in the world tomorrow if they like.

And that is what they will do, because inflation is always politically preferable to a healthy liquidation.

That likely won't happen if you have any type of mainstream economists helping make decisions. That would lead to hyperinflation. https://www.econlib.org/archives/2016/05/the_invisible_h.html

 

[oyarde]

Doubtful that an overthrow is going to happen anytime soon.

that is what i think , unless there is economic collapse . my plan is wait until it is nearly there and take over the southern half of my state for myself .

 

[Kotin]

I feel like balkanization could work.. it wouldn't even really be that in the classic sense of the word.. it would be a return to what we were originally intended to be. We would have to keep a unified national defense just for practical purposes but smaller centers of power would be much more ideal than this huge top down federal government that was never intended.

we were always supposed to be a union of individual states but that got watered down through various means.. we need to go back to that..

 

[cjm]

I feel like balkanization could work.. it wouldn't even really be that in the classic sense of the word.. it would be a return to what we were originally intended to be. We would have to keep a unified national defense just for practical purposes but smaller centers of power would be much more ideal than this huge top down federal government that was never intended.

we were always supposed to be a union of individual states but that got watered down through various means.. we need to go back to that..

AoC ftw.

 

[Kotin]

AoC ftw.

agreed 100%.. the articles were so legit. No taxation from feds, they could only ask and their only real authority was national defense..

this whole top down bullshit and centralization of power just creates an auction house at the federal level for corporations and foreign powers to buy our sovereignty and rights to self government.

 

[Anti Federalist]

I feel like balkanization could work.. it wouldn't even really be that in the classic sense of the word.. it would be a return to what we were originally intended to be. We would have to keep a unified national defense just for practical purposes but smaller centers of power would be much more ideal than this huge top down federal government that was never intended.

we were always supposed to be a union of individual states but that got watered down through various means.. we need to go back to that..

I agree completely.

Sadly, most do not.

Most people want authoritarian Marxism.

 

[r3volution 3.0]

That likely won't happen if you have any type of mainstream economists helping make decisions. That would lead to hyperinflation. https://www.econlib.org/archives/2016/05/the_invisible_h.html

The mainstream of the economics profession is mainstream because it tells the state what it wants to hear.

If the state decides that [insert lunatic new fiscal-monetary policy] is politically desirable, the mainstream economists will dutifully rationalize.

 

[phill4paul]

I feel like balkanization could work.. it wouldn't even really be that in the classic sense of the word.. it would be a return to what we were originally intended to be. We would have to keep a unified national defense just for practical purposes but smaller centers of power would be much more ideal than this huge top down federal government that was never intended.

we were always supposed to be a union of individual states but that got watered down through various means.. we need to go back to that..

Amen. The new confederacy of states does not recognize the Federal Unions debts.

 

[seapilot]

I agree completely.

Sadly, most do not.

Most people want authoritarian Marxism.

I used to agree with this. Now with all the recent election fraud that has bubbled to the surface I am beginning to think that the Uniparty has rigged the vote for awhile. It could be everyone have always thought" how the heck did anyone vote for these losers", when in reality the majority never did.