das mit den gelben Sozialisten haben Sie gut hinbekommen. Warum versagen Sie so kläglich bei den restlichen Sozialisten?
Nun ja die Grünen wurden auch leidlich „gut“ behandelt aber das mit den Roten und Schwarzen haben Sie ganz schön verbockt. Aber nun ja, man sieht diese Wahlurne ja doch etwas öfter ;-). Ich würde mich freuen wenn Sie beim nächsten Mal ALLEN Sozialisten den Stinkefinger zeigten.
Bis dahin, müssen Sie wohl mit Schwarz/Rot hinkommen. Da kann man nur viel Glück wünschen.
My daily bread is computer programming, so maybe this explains it in just a few words 😉
Anyway what I live about the Internet is it’s voluntariness. Agreed some must use the Internet. Indeed here in Germany companies are forced to use
it for their tax declaration, but I think most are visiting is because they want. And what I like especially is that there is not state there.
Yes I know the servers must stand in some state. But that’s not the point, there are not those who rule and those who are ruled.
And it’s as near to a free market as one can think.
I just ask you my (roughly 200 readers) a day. Can I force you to visit my pages? The simple answer is no. In a way you are free to
spend your time here or elsewhere, and I’m free to write some entries may they be as stupid as one can imagine or not.
As everyone I have my preferences and I’ve to admit some of the comics I’m reading regularly just amazes me. I just pick one
http://questionablecontent.net/index.php I do not remember how I found it, but I like it. I even liked it so much that I bough the printed comic. I got it from the
US. How should I ever have learned that this thing could be of interest of me without Internet?
I can visit sited of liberals, communists, socialists and whatever. No one can know wherre my browser lead me or command me not to go wherever I like. This is what I understand under freedom.
The freedom of choice, the freedom of discrimination. The freedom to decide by myself what I will see and what I won’t. Indeed I’m very happy that one day
human invention spirit came up with the question: Can I connect two computers?
They could and now you in maybe the US? Australia or wherever can read (if you like) what this „stupid“ german writes here? Isn’t freedom great?
in den BNN vom 24.03.2012. Suttgart 21 wird 200 Millionen teuer und die Fertigstellung verzögert sich um ein Jahr. War dieses Projekt nicht gleich von Anfang an auf Kante genäht? Wer wird wohl die Mehrkosten tragen (ich denke es wird nicht der logische Zahler sein; die Bahn)
Mal schauen wieviel an Kostensteigerung da noch drin ist. Zumindest die ersten 5 Prozent an Mehrkosten sind da….
Well times they are changing ant it seems the car manufacturers are entering really rough see. The selling in February are down to a minimum
back to at least February 2003. So indeed we know we’ll see what will happen. If the sellings should be that low through the year, I bet we’ll
here of a new round of subsidies.
Why do I think that, well we have bail-outs for banks, states etc. and we had the paying of 2000 € back in 2009 or so for buyers of new cars. And
we know that there are markets and banks and there are system relevant banks. The former can go out of business, the later shall not.
So I guess this will be after the markets. A new play ground for politicians and a new incentive for the mangster (manager + gangster) to start
getting system relevant.
As we also have learned with Greece, the bail-out are not to help the Greek but to help banks and insurances and pension fonds. So yeah it seems we do
not just have system relevant banks but system relevant insurers. So why stop here? I guess sooner or later we’ll get system relevant car manufacturers.
And quite a few more, till we all are system relevant but could not be „bailed“-out any more. Gods moves may be mysterious but the way of our
good-doers are very obvious. Poverty for all with the double-speak saying „wealth for all“.
Heute mal wieder aus dem Bereich Politik und steuern.
Wie wir alles wissen, ist nur Strom aus „erneuerbaren“ Mitteln, guter Strom. Und weil das die die dummen Deutschen nicht kapier(t)en, meinte der Staat mit dem EEG etwas machen zu „müssen“.
Episode I. Wachstum getrieben durch einen mehr als 5 mal so hohen Vergütungspreis wie Einkaufspreis. Irgendwann vor den 2008-2005 er Jahren. Das Geld fliegt den Solarherstellern zu. Man betrachte einmal die Bilder der „Paläste“ die gebaut wurden.
Wie fein wurden aber die PVs Käufe ausgenommen. Die Preise waren gerade immer so hoch, daß man noch eine gute Rendite erhielt. Ja bis 10% waren schon mal „drin“. Aber abgeschöpft wurde überaus heftig speziell bei den PVS Herstellern. Ergo was macht man? Man konzentriert sich auf die Herstellung von PVs Modulen. Es ist ja auch völlig egal was mit dem Strom passiert, er „muss“ ja abgenommen werden.
Das führt zu II. Insgesamt enormen Mengen an Installationen. Speziell die Besitzer größere Dächer können richtig kassieren.
So kommt man zu III. Die Politiker merken auf einmal, ups es wird ganz schön teuer (was natürlich vorher niemand wissen konnte, kleine Erinnerung mehr als 5 facher garantierter Preise als auf dem Markt für den Einkauf zu bezahlen). Und die Garantiepreise werden massiv runter gefahren.
Resultat: Die Solarhersteller gehen reihenweise pleite. Womit sollten Sie auch Ihre Geld verdienen wenn die Module immer noch zu teuer sind und Sie auch keine Möglichkeit haben den Strom länger zu speichern. Heute liegt der zu erzielende Preise nur noch knapp über dem Marktpreis. Es würde durchaus attraktiv die PVS Anlage zur Selbstversorgung einzusetzen. Aber da geht nicht denn es gibt immer noch keine Möglichkeit Strom in größeren Mengen längerfristig zu speichern. Sollte man die Batterien für einen Monat vorhalten müssen, müsste man wahrscheinlich zur PVS Anlage noch mal dasgleiche an Kosten für die Batterien einrechnen.
Somit wurde mindestens 10 Jahre lang Geld verbrannt und die Folgen werden alle Stromkunden noch mindestens 20 Jahre spüren. Das Resultat von Subventionen…. Die Kunden zahlen höhere Preise und offensichtlich ist das gut so….
of von Mises credit expansion, and less disturbed markets.
Since a few month there is just one way for stock: up. Driven by?
Well as we learned some of the companies (in the IT section) are earning really big. Isn’t it amazing? They live under constant price pressure, and indeed falling prices since at least 20 years.
Now you can buy mobile phones with more computing power as super computers some 10-20 years ago. And here in Germany we have more mobile phones than inhabitants. This is a an example for
more free than strangled markets. Assume other area where less is regulated etc. So indeed they are earning their money. People want to have this phones.
There are other areas where much is earned (even measured in records) the German car industries. VW, BMW they nearly never have earned more. Fair enough it’s with ol’e fuel burning cars. The so wished for cars driven by electricity do not have any real market share. Again people seem to be willing to buy German cars wold-wide
But what about all the other raising prices. Well AFAIK they are driven by „free“ money. And indeed this money was not earned but „generated“ from central banks, and this money disturbes every thing. We simply do not know any more what parts of the raises are due to „demand“ and which one are just due to the inflated money base. The prices are loosing more and more their indication value of sparseness. And that is the von Mises credit expansion. There are „success“ stories of employment but is that really true. A lot of figures to seem to indicate this is not the case. And who publishes this statistics organization of the states. In Germany we just know one thing the low paid , half time working day is on the raise. I can’t tell if it’s due to the people wishing to work shorter times or simply not finding normal paid working days. I can’t tell, but at least it seems this is not what most are wanting. But the raising part-time working days do have effects on everything. Of course the people do earn less, and so they surely demand less. And this means the current fired demand by „cheap“ money can end and in fact will end one day. We do not know when, we’re lacking the „base“ information undisturbed do give us. Most of the prices are not set any more by offers/demands, but by prices set independently just by different taxes.
We know e.g that oil prices are near their highs from around 2008. We also know what has happened the last four years, will it be different this time? We can doubt it. As von Mises has told us, some day credit expansion has to stop. The earlier the better, but the central banks to have prevented that „healing“ for now at least 2 – 3 years, and if we follow von Mises this means the crash of whole currencies is inevitable. So yes be happy that the stock prices are raising, but do not forget to sell in time….
As I wrote examples of earning and burning….
Well now it’s official, existing contracts are changed by states if they wan to. You do not believe me? Well check what Greece does to it’s private debtors. So how could you expect that this won’t be done by every country if the debts are too heavy? You can’t, so you better do not „invest“ in bonds of states. Their value is not known to you and may change if the defrauders decide that they won’t serve their obligations.
The whole fiat-money systems are just playgrounds for gangster and bankster. So I would also do not invest in bank shares or bank bonds.
Anyway if you think I’m a stupid bastard, feel free to ignore my suggestions. I wish you all the luck, you’ll need it.
zu erwarten.
So wie es aussieht, gewinnt der linke Flügel hinzu (Piraten), der Ökoflügel wird etwas gestutzt. Die etwas weniger linken werden dazugewinnen, die in der Mitte etwas abgeben.
Liberale Flügel werden abgewählt.
Das war’s für heute aus dem „wunderbaren“ Spektrum der Parteien. Viel Spas beim Wählen.
It’s not secret that I’m strictly against central banks. Anyway here’s a small calculation on the last moves of the ECB.
They made 1 trillion Euros out of the blue. Now a trillion written is: 1 000 000 000 000. How can they do that? Oh it’s simple they just say the money is there and
„it’s“ there. Now if we assume a Golf costs 25 000 then VW could build 40 000 000 of them, they may have build around 30 000 000 Golf have been build. The Golf now is around 45 or so years
in production. So if VW can has produced 30 000 000 Golf in 45 years, they can produce around 666 667 cars year. So they would need around 60 years to produce the 40 Millions of it.
Guess how long it took the ECB to create this out of the blue. 0.1 sec. Effort none, and well paper money with a value of 0 also. But assume how this diminishes the information of prices. There are one billion more of a constant amount of things. And it was not earned by individual with their preferences, it’s there from now on. And well it gives the impression of being richer. But that is simply a lie, in the end it just makes the prices go up.
And what is is in the end? Just credit expansion. And that means we’re on our way to broken currencies. And this after war the most dangerous things one can face. So the ECB does not do anything to fullfill their order just to keep the system running while trying to prolong the boom. We all know that can not work. And no it will not be different this time.
Eilmeldung: Es wurde DIE EIERLEGENDE WOLLMILCHSAU durch die Politik entdeckt. Leider war ich in meiner beschränkten Sicht nicht in der Lage die Brillianz zu erkennen. Dabei stehen die Zeichen doch am Horizont. Nach dem Markt kommt SYSTEMRELEVANZ. Bisher nur im Bereich der Banken, aber nach neuesten Erkenntnissen geht es auch um Versicherungen (apropos CDS) und DROGERIEMÄRKTE. Ja der Laie staunt und der Fachmann wundert sich, mit Systemrelevanz haben die Politiker ein ganz heißes Eisen im Feuer.
Es gehen schon Gerüchte um VW möchte ebenfalls als systemrelevanter Autobauer anerkannt werden.
Es bleibt auch keine Frage offen wer diese systemrelevanten Industrien zu bezahlen hat: Sie.
Ja da staunen Sie nicht schlecht, machen Sie sich nichts draus, Sie sind ja nur Laie….
A nice story from our political establishment here in Germany.
Mr Eichel (ex finance minister) has said he would invest in bonds of Greece as the „show“ started. Now we learn (he was just joking or simply lying). He wanted to buy for the enormous amount of 1000 € (well now tell me about investing) but unfortunately one had has to buy for at least 5000 € . Well one can call it bad luck I guess
His excuse of not buying now any more is even more „fantastic“. He can not buy bonds with a yield of above 20 % that would be to speculate.
Gefunden in Calimeros Rumpelkammer: http://calimerosrumpelkammer.blogspot.com/2012/03/ob-unsere-bundesrepublikanischen-polit.html?showComment=1330977590534#c6362674479780549001
„Flächendeckendes Komplettdesaster“. Das muss einem erst mal einfallen, dafür alle Daumen hoch 😉
Not all debts are born equal. And even those being born equal may change over time.
You can bet it’s another round about Greece. So yes Greece has emitted bonds. (so for so bad). Now it’s getting a bit crazy. During 2010 these bonds were accepted as security for
other debts (so far so bad), but now after a year it tuns out this debts were to high. And now it’s get interesting The ECB is not allowed to finance the deficit of states. Now a few weeks ago the bonds were
„exchanged“. And hadn’t to bear the looses for this „debt cut“. So great the debts were born equal, but after finding their way into the ECB they got different. So indeed there are debtors and debtors. The Private companies do have to bear the losses but not the central banks. Well so far so much worse.
But know who has this exchanged debts? Well it seems the tax payers of europe do hold them now. Now that is really „great“. The ECB has accepted junk as security. Before the junk turns out to be junk it was
given to the tax payers of Europe. Now what is something I really call bad.
So indeed if you ever consider buying new bonds from states, be aware if banks get rid of those bonds as „security“ for new credits at the ECB. You will be a last class debtor. So if you are really that stupid, I suggest to buy
another few bonds of Spain, Portugal and whatever state is in financial trouble. It’s a wonderful way to get you debts not paid and even „better“ you are allowed to bear the costs of the losses in the banking system also, especially the ECB „losses“. Now tell me anything about theft…
Sold dürfte auf Söldner zutreffen. Wie weit deren Ehre reicht ist eigentlich ziemlich klar, genauso weit und lang wie der Sold bezahlt wird. Frage ist was mit einem Söldner a.d? Das Wullf Ehre besitzt ist nicht so offensichtlich, daß er einen Sold beziehen will ziemlich. Und es passt schon Wulff hat sich als Unterschrifssöldner für unser „Regierung“ verdingt. Und nun ja irgendwie wohl schon etwas verdient. Das es ein lebenslanger Sold von ca 500 000 € im Jahr ist, lässt wohl das verschwinden der Ehre verschmerzen. Zumindest braucht er keine Angst zu haben, mehr arbeiten zu müssen. Dabei war er doch so ein guter Söldner….
Well the longer the crises lasts, the more obvious it gets. Our banking-system is a sham. It allows banks to
generate money out of nothing and even worse it allows defraud on the banking customers.
You don’t believe me. Well then let me ask you just one question. I fyou are holding sight deposits, will banks lend them?
Yes they will that means they are lending money which is not their own. And this means also if every holder wants to get his/her sight deposits, the bank will be bankrupt (bank runs)
And does government anything against this defraud? No it is supported and backed up by them and so we get „gurantiees“ on our sight deposits. but not fully oh no, just around 100 000 whatever.
That means if you are holding 200 000 in sigh deposits the guarantee is just well half of YOUR money. That’s a crime
And banks do not have to care for customers, they just have to care about central banks. And guess what central banks do. They just generate another round of money out of the blue.
Or do you think the 1 trillion of new debts here in Europe are covered by anything? Well think again.
Overall this system is fubar. One can not expect it to work and it is unfair from the ground up. You can not build trust on such kind of ground. But hey, the deledefs know better and you just have to believe them…
For me it’s more likely to imagine hell freezes over but believing any deldef or central banker….
Well here in Germany we are near the top of the prices for fuel. And the politicians blame the oil companies for the high prices. Fact is we do have
an oligopoly here. That’s in itself not too bad, but together with regulations it hurts.
Anyway did you know that well around 60% of the price is caused by taxes? So let’s see 1.67 somewhat is the price for fuel. So we have to pay 1.002 €/l on taxes.
Can you believe the comments of the politicians? So in fact without the taxes we’d do pay around 60 -¢/l. instead of 1.67 €. Or put the other way of the base prices raised by 1 -¢
we’d have to pay 2.5 -¢ more together. So with just 10 ct different we have to pay a quarter € extra.
And yes do not forget the evils of Co2. So people curse the state because of it, and the state does blame those earning less from each liter but themselves. They want lower prices?
So why do they put 60% taxes on fuel? No they enjoy it. And they do nothing for lower prices. On the contrary, they are even enjoying the benefits of 1 trillion of new Euros without any value.
So where do you think the prices will go?
Indeed because the ECB is printing money the prices will go up. And in the not all to distant future we have reached the goals of the greens. 5 DM (that are 2.55 €/l). What will stop the prices from soaring?
Well nothing but a crash, either the crash of the currencies of crash of the „social democratic“ systems. And as we know from Mises, if you do not stop credit expansion. Credit expansion will stop currencies.
And we’ll here the new song of the guilty speculators
Well dear investors, it is time to conclude. One can not rely on economic data any more. The central banks do
manipulate the interest and keep it on record lows. This just means you do not even get the proper interest to account for the inflation.
In short the central bank, inflate the amount of funny colorful papers. Nothing was produced, nothing save, just a few numbers in a computer.
the number looks like this 500 000 000 000 for the new „offer“ of the ECB. Well this is not an offer but calculated theft on savers. It’s as every time.
The debtors rob the creditors. That’s the sad but true fact.
Again more credit is used trying to solve a problem caused by too much credit. Now tell me something about stupidness… So the disease will
proceed and more and more will get infected. And then one day one has to recognize. Credit are not accepted any more. And BOOM.
Central banks , states needs for money and fiat-money a deadly combination….
Obviously the ECB could not stand the misery of the FED alone. This poor guy, just think printing money will solve the problem caused by too much money. (too much cheap money indeed). And so the ECB in it’s own mercy decided: „We print money also“, an offered a three year long tender at an interest near zero. The sum is now well above 1.2 trillion. Money not saved, just introduced by the supermen/superwomen of the central banks.
So the plan must be to ruin the currencies completely. The do not stop credit expansion but adding to it way to much. It should prolong the illness and or prepared for the total break-down. Why they do that? Well it’s the believe that you can generate money out of the blue and nobody should notice. Well you can see where it ends. We know have much higher market prices for nearly everything. Are the shareholders that much richer?
No they are not they just get more calculation units as before.
The reason of this money printing is most charming. Working against some credit crunch. Ah yes that’s our problem too less credit, or not? If a private company would make such manipulation, they would go out of business, but the beneficial (for Deledefs) central bankers, see themselves as the last frontier to barbarism. Central banks suck.
Well as we all have learned from our deledefs. There is no inflation. So well yes, that’s what they told and tell us. The FED still is printing money like mad but that’s not inflation that’s QE.
Anyway have you checked your personal inflation rate? What were your findings?
We’ve q big taboo zone here. The government does not even try to calculate a inflation rate. They even manipulate the data and differentiate between core inflation and other inflation. Guess what
food and fuel is not included in the core inflation. They have their reasons for that, because taking that into account would raise the inflation considerably. And you know it can’t be what should not be. So you do not have inflation. In other words, they lie at you again with a straight face, and giving you the impression of being a mad men. Well fact is they are liars and cowards. One does not know what’s worse but they really
want to tell you: „You are stupid and we have everything under control“ The have not.
Fact is the manipulation of inflation rates and unemployment rates have nothing to do with reality any more. It’s data which they think they can give us without us freaking out. But in the end it’s just another big lie on their dung heap of lies. Again I ask you why do you still believe them and are still voting for them? Can’t you stand the truth or are happy to be lied at? I just suggest you keep book of your expenses for a two years and then you can see how much they lie to you. Maybe it’s time to concentrate of the constitution, there gold and money are used interchangeable. That’s the right thing, that you get your deledefs away with their fiat-money is your biggest mistake. Don’t you think it’s time to leave this mistake behind?
The only way to get rid of those liars is not vote for them but anyone else. I propose you look after a liberal one. With record of it’s liberalism. And do not forget. He/she should support „end the fed“. Without sound money you will not have the slightest chance of recovery. It just means some take from your without any service in return. Don’t believe them they give back, it’s just another lie.
sorry guys, but why are you voting for those with the deepest pockets and biggest lies?
The last vote campaign of Obama has cost > 1 billion. So why are you still voting for them after you’ve learned vote after vote that they kid you? Why are you know cheering such loosers as Romney, Chim.whatever?
What has come after all the promises?
Was government cut? Did you get less laws and some freedom back? They tell you they will, lower the taxes, give work (how ? , does Uncle Sam needs some extra cannon fodder) or are you just speculating to get paid by government? Did they even start to stop subsidizing the banks? When was the last time you got an bail-out (which can not work because the Uncles Sam has not money at all for that). Have they ever done anything to keep the value of your currency? So be honest, are you too stupid to recognize you are tricked over and over again? Or is it your wish to just live on anyone else’s expenses? Or are you not able to see where credit addiction will lead to?
So why are you again working for Obama, or Romney ? Have you really gained so much through Obama that you can live as robber? Is this what you want using force against others to get their money?
Do you feel beeing treated unfair? Well guess what most were treated unfair by government every day. Was it you who had to pay or got paid? Well AFAIKT your congressmen still are getting paid. Do you realize that it’s your money they burn day in/out. Do you know your father,mother, sister, brother etc are dying for them? How does it feel to know you lost someone because your politics though it a good idea to go to war? Do you know how many were killed in the name of democracy. Doesn’t it hurt?
Why are you still choosing slavery over freedom? Is is that great to be a slave?
So tell me what drives you still to choose for Obama and his biggest contenders? Masochism?
Well banks are guilty of many things, but they are not the reason for the debts of states and it’s their right to expect that bonds they bought will get served.
Anyway banks in the current form a nothing more than fud machines. At first banks lend out money they do not own. That’s what happens if they lend out demand deposits that is defraud.
This money is guaranteed to be available for the account owner. If you lend it out not all the owners can get this money at any time. This is a crime
Bonds from states are treated as beeing without risk. So it does not matter if you have dollar and/or bonds from states. This can’t be. No bonds is without risk and the risk especially from government bonds are not neglectible the threat the survival of banks. Anyway it’s would be good risk managment to be careful even with bonds. It seems banks are just starting to realize the problems. But banks do not have the biggest problems with it. That are retirement fonds etc which are „enforced“ to invest in „excellent“ debt. Now if anyone here things bonds of any state to be an „excellent“ risk well then I guess you have not even started readin von MIses.
As you have seen in the EU zone I thin 1. x trillion were offered to banks for 1 % or so in 5 years. Now the banks have taken this and you can see they are fueling the stock markets with it. So the central banks have kept the interest on a level well beyond anything realistic. This means that banks were relieved to find new money. They just were „given“ it for free. In fact with 1 % interest and 3 % of inflation the ECB has handed out 0.02 * 1 000 000 000 000 = 20 000 000 000 for nothing. That is the EZB finances the the banks with 20 billions. This is robbery. And it shows the last actions of the current fiat-money system. Banks do participate and again it’s not the customers they are working for it’s for the governments. That sucks.
Anyway this does not change the fact that government have issued bonds banks have bought them and insist on repayment. Anyway what anyone should do is
a) write to your congressman and ask him what he’s going to do for keeping your moneys value
b) do not buy any bonds of any state anytime again. There are and for ever will be alternatives. Buy bonds of corporations. Buy shares, by land, by whatever but do not buy any bonds from states.
c) get rid of your depenceny of banks. Yes I know you can’t really but what you can do is
All the best you can hope for is if you fight against the fiat-money systems. They are though by bureaucrats and politicians for all to good reasons. It’s the first time that you do not even have to degrade the coins. No you just add a few zeroes at the end. It’s the perfect system of exploitation. Just see that Utah as agreed to reintroduce gold-$. Insist on them everywhere.
Dear readers it seems I have to suggest some literature for you.
Check out the following books: „Bailout nation“, „Credit Card Nation“ and „Human Action“.
In 1998 there was a nation-wide negative saving rate at work. And you know that was also the time of the Internet bubble. Now in this extra 13 years nothing has changed. The debt has again more than doubled and it’s still raising. You can not have wealth without saving. You can not get rich on Credit. So fact is with debts everywhere the end can not be avoided. Kredit expansion is according to von MIses, incurable either one stop is or the currency will break. And if a currency breaks, poverty is the new „middle“ class… Now with forgetting to save things the middle class is starting to go down. I propose you check the diverse countries in the US and you will see where people save there will be much less suffering.
The US has overstretched their limits and in fact it’s the biggest burner of money with it’s military machine. Military machine is just good for one thing destruction. And So the military will take it’s part in distruction of the US. And Obama has nothing done to prevent this. I remind you of my critical entries here about Obama and in fact it’s getting even worse. See e.g. http://mises.org/Community/blogs/fdominicus/archive/2011/11/20/now-keep-your-breath.aspx. Really the US is gone, it’s just a death corpse walking. But sooner or later it will crush and this will be the start of another civil war. Now around 150 years after the last , we come back to it. It’s devastating. I propose to start thinking about leaving the US. You may escape the war. But maybe not. The debt race still is open all over the world. …..
What a suprise a new bubble is growing.
According to a German Magazine the prices for land are soaring. Within just a few years a hectare has seen an increase in price from 5000 USD to 30000 USD. That’s a raise or 600 % and you can bet
this is the next bubble. Fueled and fired by the ever expanding credits (called money from the FED). It all happens because of new laws and the mania to subsidy „renewable“ energy. But of course the base for that
all is the zero or below zero interest politic from the FED. In short money printing at work. The Fed sucks
The other big driver is the granting of patent privileges, enforced by the all so loving state. States suck.
The magazine write about the vanishing middle class. What a surprise if you take from the middle to pay the top, they surely will not get richer. Anyway the middle classes believed also in „easy“ money, while using credit for buying houses. Too much credit and now what has happened this bubble has busted. And now they are in trouble, what a surprise. It’s not alone the fault of the authorities (but they have made it so easy to get credits) but also the believing that this could be sustainable. Sorry vanishing middle class you suck also. You’ve build on credit and you get what you deserved. Not needing credit is the way to go for the middle class. Especially not using credit to pay consumption. Sorry guys, credit sucks very badly.
If you trust on credit you trust on hot air. Only real savings yield wealth. That’s the all and ever true way.
Dear Readers I like to tell you a story about FUD.
As you could read in my last entry. Greece is still finished but the deledefs do not admit that. That are not real news. But now it’s get interesting. According to
some blogs in Germany 40 members were excluded from the left party and the right party because they did not agree to the „saving“ plan.
There are somewhat below 300 member in it. So just imagine well beyond 10 % were excluded because they did not accept a stupid and guaranteed to fail plan.
Now aren’t party great?
In fact they suck to badly that one just can day fubar. Parties are the most repressive system one can encounter and having such prominent roles as they have is
again fubar. So we are ruled by a fubar system, with fubar money. That’s a few too many things one can not even dream of to repair. In the end the end is clear.
The „systems“ will break down. That means violence and yes most of the time war.
Well if you look through this blog you always could read warnings. Just one example http://mises.org/Community/blogs/fdominicus/archive/2010/02/22/f-b-ailouts.aspx
But let’s see at the Situation without malice. For austrian economics the problems in Greece are crystal clear. What we see is the end of a boom introduces by manipulated interest rates.
Yes and it’s one hallmark of why the help from EU can not work. The greek politicians have took every cent they could get from the EC. That’s what keeping ones house means in politics. All the
expenses for things were not driven by need and sound money. But driven by the way it works in politics. You must throw out the money, otherwise you will get less next year.
Well in normal economics activities it does not work that way. You invest while you a) see some need for your services and b) you want happy customers… However you do invest usually much more careful. You do know exactly if the customers will not buy your stuff you are finished. So you alway try to get you needs in sync with the things you can offer. There is not automatic payment it’s the customer who decides. Now let’s see how this is not done in political economics. If you ever have visited Greece you know this land is beautiful but harsh. Many live in very small villages, and quite a lot of them are on islands. So transportation is a problem. Anyway if Greece is strong on one area it’s in seafaring. And indeed even many of the Italy ships are manned by Greeks. But now the trouble starts it does not make (unfrortunatly) much sense to build big streets over the islands. But this is what happened with money from the EU. That’s bad. There was money burned, because the ways can not be used economically. They are too big, but now they are there and the trouble starts. They were oversized and therrefor overprizes, and it needs much more even to just maintain them as one could answer for. And it does not help in anyway. The jounger still have left and just the elderly are living there. So who will use the streets in the future?
This are the catastrophies triggered by subsedies. Yes agreed there must be some kind of boom in infrastructure building and maybe even housing. But Greece just has somewhat around 11 million inhabitants. So you can not build an infrastructure suitable for 30 or more millions and hope this can be sustainable. It’s impossible. Another problem in Greece is the corruption and way to large bureacracies. Again countries which more than 5 as many inhabitants do not spend that much mone yon their diverse ministries. (I read somewhere Greece has 49 of them !!!) and politicians, and it seems they are even higher paid than in many other countries with much larger population. Corruption and too large government are a clear sign mark of destruction.
So what can we hope for for the Greek? Well we just can hope they get rid of their functionaries. They must put harsh punishments on corruption (and or just take the responsibiity aware from the bureaucrats), and they needs sound money. I’m afraid this latter will not happen and there for if Greece should leave the Euro the normal population will suffer severly under extreme inflation. This will destabilize the country even more. So I’m afraid the Greece just are at the beginning of the end. And it will (unfortunatly) get much worse. As one can read the decline starts to accelerate. Hundreds and thousands of businesses are driven out of business. How could one expect from less working to have more „money“.
IMHO Greece has spiraled out of control and any „imagination“ of control can be burried. No one in Greece will be able to regain it any time soon. The bureaucrats and delebets do not even see it. Of they see it and won’t. But reality strikes and it will strike the harder the longer the wrong ways are followed. Von Mises has put it:
„There is no means of avoiding a final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as a result of a voluntary abandonment of further credit expansion or later as a final and total catastrophe of the currency system involved.“
Greece was at the edge 2 years ago. I’m afraid they are beyond it now. So yes you can see exemplarily what happens to unsustainable systems driven by unsound money and too big governments. Will Greece be a warning ot the other countries? I’m afraid the answer is no, And therefor the end of Greece is just the sad beginning….
Diese Eintrag könnte zynisch gehalten sein, davon habe ich aber Abstand genommen. Ich zitiere aber dennoch einmal:
â€In Deutschland gehören klirrend kalte Winter der Vergangenheit an: Winter mit starkem Frost und viel Schnee wie noch vor zwanzig Jahren wird es in unseren Breiten nicht mehr geben“
Und heute liest man: http://kurier.at/nachrichten/4484127-eisige-winter-koennten-die-regel-werden.php. Also wird es kälter.
Dazwischen liegen gerade mal 12 Jahre. Aber auch 12 Jahre Wissenschaft. Und wie immer in der Wissenschaft gibt es Annahmen die sich bestätigen oder auch nicht.
Nur warum kommen diese Informationen nun heraus? Und was bedeutet das für das „Klima“. Es wurde ja von einem Limit der Klimaänderung von 2-° oder so schwadroniert. So wie ich es verstanden haben, ging/geht es darum eine Erwärmung von 2-° zu vermeiden. Meine Frage warum eigentlich?
Wieso sollte sich das Klima nach uns richten? Die Erde existiert Milliarden von Jahren wir sind Neuankömmlinge und doch so erfolgreich, daß wir alle Klimazonen besiedeln können. Es ist selbstverständlich, daß es auch für uns „optimales“ Klima gibt. Und wenn man uns so anschaut, so ganz ohne Fell; dann muß man wohl festhalten, offenbar sind wir besser für wärmeres Klima ausgestattet. Jedenfalls habe ich noch nicht von nackt herumlaufenden und jagenden Eskimos gehört.
Also insgesamt darf man wohl feststellen. Wir sind hier in unseren Breitengeraden durchaus schon im suboptimalen Lebensbereich. Wer heute raus geht, tut gut daran genügend anzuziehen. Auch unsere Häuser werden im Augenblick geheizt um auf eine „optimal“ Temperatur von 18 – 20 -° zu kommen.
Nehmen wir aber mal an die Aussage es wird im Winter kälter träfe zu. Dann fragt man sich natürlich um wieviel Grad wird es kälter und wirkt das nicht auch dem angeblichen Klimawandel zum Wärmeren entgegen?
Insgesamt finde ich sollte die Wissenschaft etwas vorsichtiger mit ihren Prognosen sein. Es ist heute allgemein anerkannt, daß das Wetter ein chaotisches System ist. Wie kann man dann da sagen wie sich dieses Chaos verändern wird? Es gibt natürlich wie in jedem chaotischen System Inseln der Konstanz und wir in Europa haben eben bisher eine Konstante die extremsten Einfluß auf unser Klima nimmt, den Golfstrom. Wir haben im Prinzip hier eine Zentralheizung direkt aus den Tropen. Nur darum ist Europa nur „suboptimales“ Siedlungsland. Man schaue auf die Breitengeraden wo es diese Heizung nicht gibt und kann feststellen dort leben weitaus weniger Menschen.
Ich wünschte mir die Leute die diese Thesen von der Menschengemachten Klimaerwärmung würden einfach nur mal öffentlich darstellen
a) Welche Rolle die größte Zentralheizung (Sonne) spielt
b) auch welches Klima eigentlich für die Menschen ideal wäre.
c) sollte man die Anpassungsfähigkeit des Menschen in Betracht ziehen
Und die Überheblichkeit über den Einfluss des Menschen sollte man ablegen. Egal was wir auch tun werden eines ist sicher, daß Klima wird sich immer mal wieder ändern und es wird auch immer mal wieder einen stabilen Zwischenzeitraum geben. Man betrachte auch die Angst die man hat wenn z.B. der Yellowstone neu ausbricht. Und wie lächerlich ist es wenn ein Flughafen wie Heathrow nicht mal dem Schneefall auf ein paar Quadratkilometern gewachsen ist? Wir mögen in einigen Bereichen Einfluss nehmen (z.B. durch jahrhundertelange Kultivierung) aber wir haben keine Möglichkeit uns vor Extremereignissen zu verwahren. Sie treten auf, und danach müssen wir aufräumen. Die Wahrscheinlichkeit, daß das so bleibt halte ich für durchaus höher als die Einflussmöglichkeiten der Menscheit auf das Klima.
Today a half philosophical discussion. I just want to lead you into two different situations.
a) visiting a market
b) visiting a public authority
Just one first question. Which one do you prefer to visit?
Second question do you have an idea why?
Well for me it’s a difference like night and day. I’m sitting e.g in the evening and enjoying my dinner. And I eat e.g one wonderful fresh bread and I see that I need to fetch some new bread. Next morning I visit a bakery and what will happen? Well at first there will be some seller on the other side. She/he will kindly say. Good morning, what can I for you or the like. I tell him/her, I’d like to get my „bread“. If I’m a regular visitor I surely will be asked before. „You usual bread“ or the like. They know me and they appreciate if I’m coming back. That’s voluntary exchange.
Now imagine the same for a public authority. Do you go there voluntarily? Well I for my part can not imagine one day when I WANTED to go there. I MUST. And how am I treated there? Just imagine a question about your taxes. How does that work? Well at first you won’t be alone and you even may have to take some dating ticket. And you have no idea how long it will take. You will sit down. Now think about the room where you may sit. Will it be a friendly place? Well AFAIKT the answer is no. I guess anyone know the endless corridors of such „establishments“… And there’s another difference you are irritated. You do not want to be there, you want to be somewhere else. And then the next thing which will get on you nerves. You will be treated as some nuisance. It’s not two men on the same height it’s the authorities and you. In the end it’s involuntarily exchange.
Well I know what I prefer and I guess you know it too. We are „forced“ to go to the authorities for so much. In Germany we have to go to the registration office within some 3 day or so after the birth of a child. Yes it must all be kept on record. I guess they are afraid to miss some tax casualty. I don’t know how you’d feel I know how it got on my nerves to go there. Other things that one must „go“ to fetch ones passport. Why? It just indicates that you are owned by some „government“ and you can not get anywhere into another country without such thing. It’s like a owners dog tag. It states you are „owned“ by the government.
Just think about it. When was the last time you visit a public authority voluntarily?
Es gibt keine Möglichkeit, den finalen Zusammenbruch eines Booms zu verhindern, der durch Kreditexpansion erzeugt wurde. Die einzige Alternative lautet: Entweder die Krise entsteht früher durch die freiwillige Beendigung einer Kreditexpansion – oder sie entsteht später als finale und totale Katastrophe für das betreffende Währungssystem.
Das ist nun ziemlich genau 90 Jahre her. Und nichts hat sich geändert. Sondern die europäischen Delebets arbeiten an der europäischen Kreditexpansion. Was also nichts anderes heißt: Es wird die finale und totale Katastrophe für den Euro angestrebt.
Ob sich darin nur für mich kein Sinn erschließt?
I guess it’s nothing new for someone having read Hayeks („The road o serfdom“)
In a hard fight to get into it: Europe and the US. The current newest strike comes from Europe. The „politicians“ name it „fiscal union“. It does not mean more or less
that national parliaments can (and must be?) supervised by some european well not parliament. It’s not spoken about it, but well some eurocrats. It seems the preferred solutions
are the chiefs of the countries without a way that they could be voted for. (Well very indirectly through some votes in the diverse countries)
But what is a vote good for if the laws are changeable without a way that one can ask for the responsibilities of the voted? I don’t know. But Hayek had known. He explains the road to serfdom and one
could think it was a blue print for the current political ways. Too many in Europa and US are not „supported“ by government and so it’s not talked any more about expenses. They are caling it rights.
Rights for this, rights for that, But in the end it means. Everything of you properties belongs to the government and it’d decided there whose deserves what support. And it means stealing from those
still being able to work and support themselves. But what freedom it is if you know, the harder I’l the more will get stolen?
You can read this blog right from the start, and you’d see the patterns and warnings. By every mean we’re fubar. You must look outside Europe or the US to find a somewhat less influential government. I’m afraid there are just a handful of countries left in which property rights are „enforced“….
Beim Denker gefunden:
„Antwort: jeder, der kein Trottel oder berufsmäßiger Lügner ist! Womit Politiker natürlich, wir wollen gerecht bleiben, es in der Tat nicht vorhersehen konnten.“
http://lepenseur-lepenseur.blogspot.com/2012/01/manchmal-fragt-man-sich-schon.html
Einfach nur super.