Category Archives: interflation

Davos 2012: You’ve Been Warned

Posted on by 0 comment

It looks like Davos 2012 – a massive meeting of the world’s ‘official’ leaders – will test the waters with reforms of ‘outdated’ capitalism.

Is this an admission of the failure of the world’s economic intellectual ‘powerhouses’ to develop a real and functional economic system that doesn’t pit man against man, man against nature, and so on?

Pundit George Soros has already called it and you can now consider yourself warned:

  • As he sees it, the world faces one of the most dangerous periods of modern history—a period of “evil.”
  • In America he predicts riots on the streets that will lead to a brutal clampdown that will dramatically curtail civil liberties.
  • The global economic system could even collapse altogether.
  • We are facing an extremely difficult time, comparable in many ways to the 1930s, the Great Depression.

Socialism, then?

Fascism, more likely.

A Brief History of Plutocracy

Posted on by 0 comment

Plutocracy = rule by the elite.

From ‘the Rothschild Model’ to the ‘Rise of Corporations’ as methods by which we are all fueling perpetual war.

This is 26 minutes well spent.

Of course, not all of it should be taken as gospel, but we need to understand his last comments as they relate to the ‘market’.  There is a supra-national group of organizations that are not subject to any democratic input.

I also like the solution:  don’t fight the beast.  Stop feeding it.

New Market Models

Posted on by 2 comments

We desparately need a discussion about new market models that will actually work in the wake of the post-20th century debt crisis.

Greece, Spain, Ireland, Portugal and now maybe even the US all teeter on the brink of economic ruin in the wake of debt piled on debt piled on debt.

When defaults are finally declared, the resulting cost spiral will inflate the price of everything from shoes to corn to electricity to books to wheels for your car.  The shock may be moderate at first, but eventually we’ll all have fewer dollars in our pockets just as we try to survive.

Most of this debt has been accumulated for one thing:  the security state.

The security state consists of several expenditures:

  • to finance the act of unnecessary wars;
  • to fund the monitoring and control of all people with baseless crimes so that fees and levies can be imposed at a whim; and to
  • to punish and incarcerate citizens when these most basic crimes exceed a even more basic level of tolerance according to our dictators.

In Canada, we’re spending anywhere from $50 to $100 billion PER YEAR on the security state and military infrastructure, and yet we’re officially only fighting in one ‘war’ (Afghanistan).  Why are we wasting so much money – OUR taxpayer dollars – on something that’s so incredibly unproductive?

Iceland seems to have gone in the right direction by telling bankers and the IMF to go F*** themselves.

Ultimately, we need a new approach to new market models.

Eric Blair of alt-market.com interviews Brandon Smith in this piece on Alternative Markets at Activist Post where he shares some of these ideas. The basic definition of an alternative market:

… it is essentially any method of trade outside the establishment-controlled economy. It could be based on the barter of goods and skills, or the proliferation of precious metals to break our dependence on the fiat dollar (or Federal Reserve Note), etc. It could be a network of people across a county or state, or, an agreement between two friends.

And some thoughts about why alternative markets are labeled as underground or black markets around the world:

They are desperate, and I do mean DESPERATE, to keep us from developing our own private economies. If we are successful, we will no longer be in the position of dependency on the dollar or the sham economy. When it implodes, we will be relatively unfazed, and certainly not tearing each other apart. Meaning, their rationalization for martial law goes straight down the drain. The thought of that possibility really pisses them off…

But would alternative markets be enough when our governments are out of control, paying their friends and military buddies off with our money?

Probably not.  So we will also need a Declaration of Debt Independence.  It’s a basic concept that’s about to catch on like wild fire as everyone who’s not in control feels the effects of ‘austerity measures’:  you write into your Constitution (assuming you have one) that the government is not allowed to issue debt exceeding a certain percentage of your GDP (which should be redefined to capture the cost of environmental degradation and other borrowing from future generations), but to also identify that no government would ever be allowed to spend more than 3 or 5% of their GDP on defense, security and military spending (I would also suggest that this include prisons and other forms of incarceration).

At no point should any citizen’s government be borrowing money from bankers when they should be living within their means.  We should be investing in services for our children, not borrowing from their future in a failing effort to cork our insatiable desire for crap.

Public budgets should be for public good:  education, health, parks, trees, the environment, investment in the future, regulation and a sturdy and reliable justice system.

Another alternative market model would be extremely feasible if we owned the Internet, but we’re at risk of losing that too under the guise of security, protection from make-believe hackers and terrorists and porn sharks and other freaks that apparently lurk on every digital corner.  At some point in the future, we should expect the ‘Wild Internet of the West’ to be shut down in favour of a controlled Internet that’s no more illuminating and accessible than TV is today.

This would take a lot of work but more importantly, money.  I’ve been advocating some form of fund-raising effort for some time and would still be at the front of the line if someone were to say they were ready as well.

I can’t do it alone.

If we move on any of the above – and we really have to – hard times will be on their way, but we must stop living beyond our means and we have to shake off the bonds that are being placed our basic rights to communicate, participate and emancipate our day-to-day lives.

So … who’s on board?

MayDay 2011: Harper Lies About the NDP, Prices and Deficits

Posted on by 1 comment

Stephen Harper has a Master’s in Economics, but he doesn’t seem to understand the fundamentals.  Once again, we hear him spreading nonsense and lies about the NDP and Liberal platforms.

As a reminder, Steve, here are the basics:  when you have a government that is committed to competition as opposed to a corporate driven monopolistic theocracy, you get price competition as well.  Prices go DOWN.

When you’re a corporate stooge and you’re doing what the media conglomerates, oil companies and food chains want you to do, prices go UP.

Competition is what the NDP would certainly bring and it’s likely what the Greens and Liberals would bring as well on Monday.

The only prices that will likely rise are those of gas, but the whole point of carbon taxation is to discourage wasteful things.  I know we all drive, but we’re going to have to take responsibility for what we’re doing and stop passing the buck to future generations, both in terms of lack of resources, but also in terms of environment disaster.

When it comes to the deficit, it’s easy to speculate that the NDP are not in the pockets of the world’s largest bankers.  Therefore, their primary objective would be – and always has been – deficit reduction.  We’ve seen that the NDP outranks all other political stripes when it comes to budget management and we’d likely see the same continue with a coalition lead by Jack Layton and the NDP.  Research acknowledgement to Buckdog.

balanced_budgets

Finally, good financial management takes the burden off borrowing costs, lowering the interest that you have to pay to the world’s biggest lenders and financiers.  As a result, the overall real cost of borrowing drops, lowering the cost to all Canadians of carrying any debt, if any.

I hate to take you back to your school days, Stephen Harper, but once again you’re lying about the other parties in order to deflect from your own bad management.  Changing the rules for Income Trusts, benefits for only the rich, driving up the cost of EI for small employers (effectively reducing new hires) and not addressing the lack of competition in this country are just a few examples.

It’s time for Canada to FIRE YOU.

MayDay 2011: Price & Purchasing Program

Posted on by 0 comment

Canadians are getting ripped off.

We are paying more at the gas pump, despite being one of the world’s largest (albeit dirtiest) sources of oil.

We consistently pay anywhere from 20-50% more on basic items like cars, books, food products and other goods.  The continuous – and lame – excuse from suppliers is that the cost of doing business in Canada is rising.  Labour, regulations and other ‘impediments’ are positioned as the point of blame for these rising prices.

However, think of these excuses in context of current events:

  • Unions are being broken.  They are not increasing in strength.
  • Although minimum wages are increasing, they are not increasing 20-30% every year.
  • When was the last time you saw an overzealous government implement a broad change in tighter regulations anywhere in Canada?

Despite the fact that our dollar continues to rise in value, we are paying more for the goods and services we rely on each day.

As a reminder, for those of you who aren’t familiar with economic terms, when your currency rises in value, imported goods should be cheaper in an inverse manner.  That is, if your currency rises 20% compared to all other currencies, the cost of goods imported into your country should drop by roughly 20% to represent this increase in buying power.

As it stands, Canadians are getting screwed over twice because they only

The progressive party (as opposed to the regressive Conservatives) that proposes an investigation into the skyrocketing prices that Canadians are paying will win this election.