Archiv der Kategorie: Allgemein

Money printing the ECB way

Schreibe eine Antwort

Great news for all the inaptly European banks out there.

The lender of last resort, does what the FED does for ages, they are printing money. Well it’s not named this of course. Because we live
in time of double-speak. It’s to avoid a credit crunch. And of course the hope is the inaptly banks buy bond from inaptly states.

Is there a way we can influence that? No chance. the ECB is independent and it does not have to follow anything, but usually their laws. And stretching them
is probably the thing Draghi likes the most. And so we go. The ECB funds the defaulted states. What a happy news….

Don’t you think

Schreibe eine Antwort

it’s time for a change in the US (amont every other developed country in the world)

Ain’t you Americans so proud of „law and order“?

Now tell me why don’t you stand up for law and just stick ot order(s)? Why are you not standing up for your freedom?

Think about it you have voted for democrats or republicans for ages. Does it have done any good for you?

If the answer is no, wouldn’t it be time to change your voting habits? As I remember you can vote every 5 years or so. It does not matter
how worse your current president is, You always can get rid of them. Wouldn’t it be time to get rid of Obama and all this deledefs?

Why not give Ron Paul a chance. He stands at least for the constitution and civil rights. Wouldn’t that be an option one could try?

And it’s highest time to take back your money from your deledefs. So how about a new gold backed Dollar? Think about it. Would the banks be bailed out
for „real“ value? If the answer is no, why do you still believe in paper money?

So I don’t know what you think but I think yes it’s time for a change…

I’m im(de)pressed

Schreibe eine Antwort

Guess that the democrats and republicans have find an agreement. The agreement is as follows

  1. We can not save so we need more credit
  2. We seriously have tried to save.
  3. We messed it up as usual.
  4. We are not sorry, you have to pay

I remind you of this blog before they raised the credit limit. To 17 trillions or so. Now 1 trillion more is gone in not half a year. Tell me anything about sustainability.

I’m sorry for the US citizens, but you are completely fucked up. Your choice is the choice on how you like to get killed. The result is always the same. You’re dead.

I would change my mind, and give someone else the chance to save if there’s something to save. Vote for Ron Paul and liberalism. Everything else is just
serfdom. You do not have to believe me that. Just have a look at any books written by a liberal and compare you constitution against liberalism. You’ll see that’s the
way the old ones wanted to have the US Not this socialism of either democrats or republics.

Don’t believe

Schreibe eine Antwort

in anything you hear from any state. You can bet 99,99 % of it are lies.

I give you but one example: The purchase of Greek bonds. In 2010 the German government asked the banks to buy Greece bonds. A year later they
declared that half of the value of this bonds are „gone“. And it’s of course the speculators which did not buy or sold the bonds which they do not have trusted any more,
which are the defrauders.

It of course not that the deledefs of all countries have collected debts as if they were the most valuable things one could have.

So I repeat myself. don#t believe any promises of states. And do not believe that states will pay their dues. If you believe, you are doomed.

So run to sel all the bonds of states you have and let them crumble. See that you have good relations to producers of food and shelter. Even better see that you can produce food or shelter or
have deal with someone who can. Yes the problem is if you are bound to a country, you are bound to the disposal of the „leaders“. But they can not take everything from you, if they try they sooner or later
will die a miserable death. And it’s not that they want to die, just remember they want but one thing. Live on your expenses.

So I repeat myself don’t believe in anything from deledefs…..

Now what’s up Fed?

Schreibe eine Antwort

Isn’t it time for QE IV? You still think you can print yourself out of the misery with even more worthless paper don’t you?

Just one question. Why hasn’t it worked in the past? What’s can be the problem? Are the printing presses to slow?

Well I bet the are not and adding a 0 here or there (what’s that among friends eh), could make us all trillionaires. But still there’s nothing more produced with
any printed cent. Production needs time, (saved money) and effort to get somewhere. A 100 Dollar bill printed today, just costs a few cents but „claims“ to be
a value. How funny is that. I’m printing something on a sheet of paper, use my force monopoly and tell every one that is you value. That’s kind of absurd isn’t it.

Well the whole Fiat-money system is a sham. It’s the modern means of slavery. States demands your work and your income to keep itself going. And what’s the
aim of a state? They tell it’s about safety, security and last but no least justice. Bu in the end it’s a system of exploitation. The productive ones have to work and get hindered every
centimeter on their way. You want to open a business? Go to buraucrats? Maybe there’s even the obligation to see a notary for whatever paper work you are supposed to do, to
offer something. But that’s not all if you start offering a thousands of other laws come into play. And after the thing was produce and sold. Now the paper work goes on. Yes you might do YOU bookkkeping
by yourself also. But you’d do it as you find it useful for you. Stop, you simply can not do that.

You have to obey another few hundreds of laws for book-keeping. And don’t you dare to be „unfair“ (in the meaning of buraucrats). You’d say I’d deduct a car in the year I buyed it. No you don’t you have to obey the guiddlines of yet someone else. The governments tells you what you are allowed to do or not. After that all you get taxed. Again there is not „obvious“ service in return. It’s just that they decide how much you have to pay. and don’t you think two of you are treated equal. Assume the same job, the same in come and you’ll see hardly the same taxes. One may have saved something guess what he has to pay taxes again on this savings.

So in short you are just working for a small part for yourself. The rest is just to keep the vermins going. That’s the modern way of slavery. You are not free to do as wish, you are just free to wish what you long for in the bounds of the „insights“ of government. Just tell me one reason that you have to pay land taxes. It’s you land and you have to pay for it as if it’s not yours? How pleasant, you just have to earn at least so much to pay that. If you don’t your land will not stay you land. It’s robbery or even worse it’s slavery.

I just wish all the parasites that they will get what they deserve. And then they look at you and tel you this plain lie. „We are here to serve you“ It’s exactly the other way round. Correct is.
„It’s so nice that YOU have to serve us“ that’s what they „mean“ and they are not the slightest ashamed of it.

Eindrucksvolle Bestätigung

Schreibe eine Antwort

Vor einiger Zeit schrieb ich hier:
http://fdominicus.blogspot.com/2011/09/neue-bedeutung-fur-fdp.html

Zwischendurch sah es so aus, als ob das nur das Geschreibsel eines verärgerten Liberalen ist. Aber nu‘ ist es soweit. Noch nicht einmal 21xxx Mitglieder haben mit abgestimmt. Das ist ziemlich „armselig“ in jedem Maßstab. Die Führer dieser Partei jubeln schon mal vorsorglilch.

An alle Mitglieder die noch nicht gewählt haben und an die Parteiführung. „Das haben Sie gut gemacht“. Bald ist die FDP Geschichte und dazu kann man nur noch festhalten „Gut“ so“ ™

An alle die gewählt haben und die urprüngliche Bedeutung des Wortes FDP noch nicht vergessen haben, habe ich nur eine kurze Anregung: „Denken Sie mal über die Mitgliedschaft nach“. Lohnt es sich wirklich für jemanden zu schaffen der beweisbar ahnungslos und beweisbar unliberal ist? Lohnt es sich wirklich alles zu verraten nur damit man „mitregieren“ darf? Ist das Alles was zählt? Wenn ja warum treten Sie dann nicht ein eine der beiden großen Parteien ein. Irgendwann kommen Sie dann auch wieder an die Macht und in der Oppostion ist es auch nicht allzu ungemütlich…

Well done Mr Cameron

Schreibe eine Antwort

Congratulations, the decision not to follow into dictatorship is right.

I know you are knee deep in trouble yourself. But you will find your way out of it without blaming someone else of any „cuelty“

But saying no just can be the first step. Take the advice from the Scholars of the Austrian School of Economy. Abandon money as debt and go back to
money as value. Cut down on government as radical as possible. Realize that any bureaucracy just lowers wealth.

Follow the print money as mad path and you’ll be doomed….

I guess I found it

Schreibe eine Antwort

The national anthem of all deledefs.

Go here and here:

The „King“ of Pop for the Kings of debt, defraud deception.

It fits and I think it should be made obligatory to be sung before any new meeting to save the

  1. world (because of the climate
  2. the euro
  3. the fiat-money systems
  4. the banks and central banks

Every time we should be „saved“ for whome or whatver than the should sing this song.

And before they sit down do do anything. The people must have the chance to see:
Big Brother

Alternatively Animal Farm

That would be just fair game…

abhorrent

Schreibe eine Antwort

Well if you follow the „wordings“ in the debt crisis you’ll see abhorrent and unfortunately very dangerous words.

They are talking about a currency war, and they use the same oratory like in real wars. What the point in that?

There but one enemy in all states it the own government and you won’t hear something about a currency war neither in the US population or ours. We could get along
very well without anyone telling us that the other is our „enemy“. And it’s a plain lie. The day the Euro countries will break down the day thereafter the US will crash.
And the same the other way round.

The deledefs probably know that they all are broke. The official debts alone are enough for breaking the states, but upon that there are the coming debts.
Neither the US nor any Euro country has build reserves for the coming pension payments. Just remember GM? It was broken by promised pension obligations. And that was just
a company which has to „earn“ their money. But the pension obligations are gone and taken over by government. And add another promise waited to be broken on the
mountains of broken promises.

The states are the incarnation of inefficiency and waste, but they won’t tell you that sad but honest truth. No on working for bureaucracy in government does do anything good. They are just
burning money. And this money is extorted from the monopoly of force of the governments. So guess that the states do all they can to claim and hold their populations as hostages. And some are more than willing to serve as death camp guards. They do eve believe they do something good. It’s abhorrent.

Perpetuum mobile auf politisch/zentralbänkisch

Schreibe eine Antwort

Ok, es dürfte kein Geheimnis sein, daß mehr oder minder all entwickelten Staaten Pleite sind. (Man kann es ernsthaft nicht anders schreiben) Beispiel Deutschland: Offizielle Schulden irgendwo über 2 Billionen und keinerlei Rücklagen für irgendwelche Pensionszahlungen der Beamte. Das soll dann aus dem Staatshaushalt „bezahlt“ werden, nun ja man hat schon bessere Witze gelesen. Auch nicht einbezogen die Verpflichtungen für die EZB und auch den IWF. (kaum quantifizierbar, da hier auch noch mit Fiat-Geld-² oder mehr geschafft wird (Sonderziehungsrechter)). Aber für alle Schulden sind im Endeffekt die Staaten „verantwortlich“

Schulden in den USA: Offiziell irgendwo zwischen 15 – 16 Billionen. Auch dort sind die Pensionsverpflichtungen nicht mit erfasst.

Griechenland ist offizielle Pleite und wird nur noch mit weiteren Schulden künstlich am Leben erhalten. Italien, Belgien, etc pp. es ist egal wohin man schaut. Die Delebets haben nicht nur den Kuchen verdrückt sondern auch noch die noch gar nicht gebackenen Kuchen verbraucht.

Nun kommt der doppelte Wahnsinnsrittberger. In keinem EU Land wird die Bereitschaft mehr sonderlich hoch sein weitere Schulden ANDERER Länder zu „bedienen“. Die EZB ist offiziell „unabhängig“ und nach Ihrem Auftrag nur der Stabilität der Währung verpflichtet. Also so einfach geht es nicht mit der Finanzierung durch die EZB, obwohl man ehrlicherweise eingestehen muss, sie mischt da ordentlich mit. Hätte Sie die Anleihen nicht gekauft wären wir „durch“ mit dem Euro…

Nun ja als EZB ist schlecht, EFSF ist schlechter, ESM nicht da und definitiv wohl jenseits des Grundgesetzes, aber die Betrüger haben noch einen Trumpf. Den IWF, und der ist nun mal völlig politisch verseucht. Also die „blendende“ Idee, der IWF soll das Geld aufbringen. Nun das kann er wohl machen er macht gebraucht von seinen Sonderziehungsrechten. Und der IWF wird finanziert von wem? Genau von den Staaten die Pleite sind. Also das ist dermaßen verlogen, und die Delebets meinen, es wird nicht gemerkt. Nun ja wenn Sie es nicht vorher schon wussten, jetzt wissen Sie es ;-(.

Es läuft nur auf eines heraus die Betrüger wollen Ihr Betrugsystem weiter am Laufen halten. Und dafür ist Ihnen jedes schmutzige Mittel recht. Je verlogener desto besser ist offenbar die Devise.

Socialism at work

Schreibe eine Antwort

Well yes it is still at work, and getting stronger by the day.

  1. the SPD wants a stability and growth union in europe (that’s newspeech for, we want to gain more control and put all in misery, but pst don’t tell anyone)
  2. the dictatorship gets into another round in Russion. Putin Medwedew are just chaning positions.
  3. The USA and GB are heading for a new war in Iran
  4. Last and least the FDP member do not vote against all this socialism, and those who do not vote against it are working for it

Overall it’s getting worth every hour. It’s as if the leaders want to go to war again, just for their survival….

fraus maximo

Schreibe eine Antwort

Now that’s a new height in fraud. The central bank are printing money as mad. Instead of letting a unsustainable system die. They inflate
the money bubble again. And guess what, now the equity holders are roughly 5% richer? Really?

We can assume that while having a growth of let’s day 2% in Germany a year makes up for roughly 0.0054 % growth a day. I know it’s „artificial“ but
let us assume the win would grow a much. Than what about the other 4.9984 or so % ? It’s nothing there, so if the production would not change a bit
and all could sell for the higher price. Then what would be the result? Well the product costs would rais the 4.9x % on average. Now are you richer?
No just those selling first may get quite a bit more of the production, the later would not get more but less AND pay more.

On the other hand was but one problem solved? No, nothing was solved, the debts are still the same, the debts are still as high. But see the example above.
They would be less worth in a few months. So now you see the „deal“. It’s making the debtors „happy“ and stealing from everyone else. Is that stupid? No it’s a fraud driven to the max

Again the only right conclusion can be, end the central banks.

Es ist so weit

Schreibe eine Antwort

Jetzt wird ordentlich Geld gedrucktt
http://de.finance.yahoo.com/nachrichten/Zentralbanken-vereinbaren-afp-120112458.html?x=0

Nicht aber auch gar nichts wurde gelernt. Die Bazooka wird in Stellung gebracht.

Why don’t they get it?

Schreibe eine Antwort

Or maybe one should write, why do they do not learn?

More and more european countries want that the EZB starts printing even more money. Well let me ask just one question? What does the US citizens have gained with
their fed printing money? Or what have the GB citizen gained?

Just to give you an idea GB will need new debt of around 100 billions. Now tell me about insanity. Of course the money is not there, and the
government is not able to cut down on it’s expenses? Now tell me about addiction. It should help someone drinking to drink yet another few liters of alcohol a day?
Well is the goal to die early? Or earlier? Or should one get beyond this addiction and get back a life?

Well for alcoholics the goal is getting of the drug. Why should it be different for governments? Their one and only problem since 5 decades is that they were not able to
get along without new debts and what are new bonds? Sugar? No even more of the same debts. So that is insane.

The US and GB and all other countries must come down from their addiction to new credits. No debts not problems. And for us it means we must do everything to not provide the
additives with new stuff. Just do not buy bonds, just insist on sound money. That’s the best for everyone (but parasites) .

It has nothing do do with market

Schreibe eine Antwort

I’m a regular reader of the Mises blog and this time really a bummer was posted:
http://blog.mises.org/19554/whats-7-77-trillion-among-friends/

You can read my blog up an down and I always wrote. don’t bail out. Now you can see what happens in this
dirty business. This all just can happen because the Fed exists. So the only way which can end this
is ending the Fed. So support everyone trying to get rid of it.

Sound money will yield sound markets and sound markets will yield justice. You can see it’s also just to
fight against governments and money monopolies. There is not market, there can not be justice. It’s as simple like that.

Kleine Vorhersage

Schreibe eine Antwort

Nun nachdem das mit Stuttgart geklärt ist, wette ich auf folgendes.

In spätestens 2 Jahren wird es eine neue Kostenrechnung geben. Die erst mal rund 1 Mrd über dem „ausgemachten“ Kostenrahmen liegt und in den darauf folgenden Jahren kommt noch einiges dazu. Im Endeffekt wird Stuttgart nicht 4.5 Mrd kosten sondern zwischen 6 – 10 Mrd.

Ich schreib‘ das hier nur mal auf wenn es mal wieder heissen wird: „Konnte ja keiner wissen“…

Der Monopolist wird wohl mal wieder von uns allen Geld abgreifen. Also mit einem Klassiker der Filmgeschichte gesschrieben: „the same procedure…“.

What can you do to end the misery?

Schreibe eine Antwort

Well you may ask (I asked more than once 😉 what you can do to end the misery.
If you ask which misery, this entry is not for your. It’s for those you think we should do as much harm to the current system of vermin.

Can we really do something against them? Yes. We can, we can’t with votes that’s for sure. At least in Germany the congressman can do whatever they want
during their active time. Even if you won’t choose for them they might have a place on the party list. Will say if you vote for CDU you will get Merkel even if they just get 10 % because she probably
is first or among the first on the party list. So harming inept deledefs is a thing you can forget here in Germany.

You can try to vote for another party. But the only parties we have a social democratic to socialists. There’s not really any choice for non-left-minds.

So far so bad, but they have a big decades long problem. They do not have enough money, for all their undertakings and so they need the trust in states as debtors. And that is where we really can do something.
The simplest thing is not to by any bonds of any government any more. Is that a loss? No hardly, you can buy bonds of corporations. And this is what everyone should do. Buying real values via equities. (I suggest not buying equties of banks because the work with government to make the savers the idiots. So you can buy shares or bonds of everything in industry, farming etc.

This is what I’ve done some years ago: http://fdominicus.blogspot.com/2009/10/done-i-sold-last-asset-from-country.html. And because I’ve no bonds of any government I do not have any loses. So that’s seems to be a good deal. The other think I suggest do do is buying real values. Your money can be inflated, the real values only to small extends maybe even not at all.

You should also write to every congressmen that he/she should work on abolishing the central banks and go back to money as value not money as debt. They will not give in voluntarily but just keep the pressure up and one day they will have to agree. Sound money is the base for sound business and vs. you can not have a sound business without sound money.

It’s high time to say goodbye

Schreibe eine Antwort

dear reader. I guess it’s not a suprise to you that I want money as value and not money as debt.

The outooks are getting more devastating every day. And the „solutions“ suggested are the same wrong things we’re doing since we abolished money as value.
In fact the inflation/deflation do not change as usual. It’s just more more more inflation. That can’t be a suprise because money printing is the solution to everything since ages.

If you consider it it’s just voodo. Printing money is absolutely effortless indeed if you add a 0 to a 100 note you suddenly are 10 times reacher (on paper) but nothing was produced for it and no-one has
spend any serious work on it. In money as value currencies it is impossible to just printt things. If the note says, you can go to any bank and get xy gram of whatever, this money is backed up and can not
be inflated just by appending a zero to it. In fact you „must“ know that you have this xy gram of whatever somewhere. Either youi saved it or in the case of banks their customers have saved it and ALLOW the bank
to lend i. Yes even there we can not know what investments will be fruitful. But in the old system it simply does not matter. The money is printed „before“ something was produced.

That means also, those having this money first seem to be richer then they really are. So they can buy more for nothing in reality. This is the first time the big debtors gain. Now the biggest debtors world-wide are the
states, and the states can force anyone to use their money on the land they rule. This is the first time savers get duped. But that is not all the money out of nothing drives up the demand. And at the end of the chain, those getting this money at last, find that he can not buy as much for this money as some years before. And this is the second but not last time the saver is duped.

The deception goes on with the following. The big debtors not just do print money they are issuing bonds also, and they have to pay interest on those bonds. Here again the states are the highest issuers of bonds, and now another deception takes place. The buyers of bonds can not print money out of nothing, they have to save the money that they can invest. (just remember this money, most often has start is existence out of the blue). Then they have to pay „saved money“ for the bonds. During the runtime of the bonds the earned interests are taxed. So real saved money is paid some day in the past, the interest is partly stolen by taxes and the money is inflated and at the end of the runtime the 100 CU are just worth 80 CU or even less.

This money is not a unit for paying and saving every cent is just a lie. Franklin just looks on you and is smiling. He would have got it how you are duped. So you can protest against bank and big business as you like, but as long as you do not protest against the money monopoly and the fiat-money system. You just want to change the system that you are master and not slave any more. Occupy Wallstreet does not have understand this and therefor it’s just another master trying to get some slaves.

So there’s but one candidate which asks for sound money for ages (at least 30 years) and there’s but one way to get our of slavery. Abolish the Fed, take away the money monoply from the state and demand that the currency is backed by values… It’s high time to day goodbye to fiat-money. The longer you way the more brutal the awakening. So again
Say goodbye to the fed and good-by paper money.

A somewhat nicer outcome

Schreibe eine Antwort

there are those days where you get some positive news.

Now the parties could not find a „saving plan“, this alone can not be a suprise to anyone. So nothing really good or positive about it. But

now there is an automatism in cutting expenses. And that is a good thing. I really don’t know how serious that is meant, but if it’s serious it would be great thing.
Just cut everywhere till you get off you deficit, The figures I read are over 1.2 trillion in cuts, and this are „cuts“ not „higher taxes“. If that is not good news I can not see what else

Now keep your breath

Schreibe eine Antwort

Well I looked over some old blog entries on my outer mises blog and found a most astonishing number:

Three years ago the US debt were 9.5 trillions. Now in November we have officially 15 trillions of debt. That mean more than 5.5 trillions more debt in just 3 years. Will say
the new debt growth is 10% a year !!!.

But imagine that is not even half the truth. The debts of Mae and Mac are undocumented. My figures to that time were around 5 trillions. And there were other promises of around 2 trillions.

Now if I take that in consideration we get from 9.5 to 22 trillions of new debt. that’s more than a doubling in 3 years or. The other way the debt growth is more than 25% a year!
Now if one things just Euro land is in knee deep trouble, think again.

Finally the truth is revealed. The poligangster are putting us all in misery. As Mises and Hayek have written. We were right and all others were wrong.

Worst ways

Eine Antwort

or, why deledefs love Fiat-money and their money monopoly.

Well as we have to realize that we have a debt problem world-wide. (USA > 15 trillions of debt, just remember in June or so they have raised the debt level vom 14 trillions), The EU somewhere between 18 – 20 trillions.
Japan a few trillions also and China which claim to have one trillion in „securities“ from the US. And so it goes on and one. There is currently not one country world-wide with absolutely no debt. Now
tell me about insanity

How can that happen? Well its a „perfect“ construction for parasites. The parasites are the politicians, bureaucrats, and big banks. Banks may live without a state, but a state with out banks is well historical hardly to find.
Now it makes sense for both sides to work „together“ the banks are the only ones which are able to sell all the trillions of bonds. And with every selling, the earn quite a bit. Now what’s the advantage for banks. Well they got „political“ cover from the states. Either directly as e.g. the Landesbanken in Germany and/or the Sparkassen or indirectly as you can see with the bail-outs. Why do states accept this. Well a bank is not just the seller for bonds but also the holder of deposits. And here comes the worst of all. The banks to take this deposits and lend them out, either directly while buying bonds, or just for other credit facilities for the state. Now this money is not theirs and if the state would not try to „save“ the banks, the deposit owners may not get back their deposits. So banks and states are working with everyones property to satisfy their never ending appetite for money.

The biggest thing of course is creating money out of nothing. Absolutely impossible for money as value (read gold as money). If the banks give a credit there are suddenly the credit euros or dollar there, and they do not have backed up completely with their own money. It’s just a digit in a computer. So you can create more and more credit, and you just can „hope“ that the investments done with credits will be paid back. That is (un) fortunately true most of the times that works. Well in fact if the just loose the normal 5-10 % of the given credit sums, they still earn big. Anyways this system comes to a screeching end if the overall debts are way to high. That’s the case currently the states have to many debts and people do not believe any more that they will pay back. So anyways the whole money system is a big Ponzi-scheme. Banks and Politicians are allowed to run it but if you do that in a private enterprise you got to jail (which is correct)

Why can that all work? Well the easy answer is the states do own the „most“ weapons and they do write the laws. So if you do not comply you’ll get to jail. So people must be afraid to work against this stealing because otherwise they would get harmed. Not to forget the state have currency monopolies and central banks. That another level to obfuscate the wrong-doing. They name it „lender of last resort“. Does that not sound „wonderful“?
And it’s a plain lie again. central banks are backed up by state promises. And that’s all there is. I don’t know how you see it, but for me this promises are not worth anything. Governments are lying most of the time, and mostly then if it’s especially embarrassing for them. Just read about anything from Obama, Junker, Baroso, Merkel and Sarkozy in this regard.

And you can see the greediness of banker and deledefs. They make new laws to save themselves for prosecution. And the state just claims some banks are indispensable. And so we got the worst one can get.

Such system do break every few decades. This system now works for around 50 years and we’re nearing another end of such a deception cycle of the follies of deledefs.

The „brutal“ truth

Schreibe eine Antwort

about German public law television.

You can bet.

  1. Is it the financial crisis?
  2. Is it the breaking of international contracts?
  3. Is it about too small parking lots?
  4. Is it about the price for petrol?

Now you can choose any of the two? What’ll be the result?

Well I know you can not hold your suspense

So here we go it’s 3 and 4. Isn’t it astonishing? The interest rates for more and more countries go through the roof. Billions of Euros are burned and the most prominent themes are high prices on petrol (of course this is because of the greedy services stations and the big oil companies (pushing aside that 2/3 of the price here in Germany are taxes))

In fact it was mentioned in just one message. Something like. Italy and Spain have to offer higher interest for getting fresh money. That’s it. But then the petrol price was theme, people on the street and the ADAC was asked and well that tool probably 1-2 minutes!

A new and a secret round of expropriation

Schreibe eine Antwort

One just can say the break-down runs in direct confirmation of Mises predictions but also „Atlas shrugged“.

People start to sell off bonds from nearly any EU country. Believe it or not Germany is not among them. Quite the opposite, the spreads from every other EU country to Germany
are raising and Germany gets the money for free. Indeed they had to offer 0.8 % !!! for 6 months running bonds (AFAIK) and we have an inflation rate near 3%. Well so much to money and interest.
Just remember also the ECB has lowered the Discount rate to 1.25 %. So in fact this is artificially low. And it fits the last moves of a Fiat-Money system. So Germany does not have a problem refinancing itself with bonds.
But it gets more expensive for the other on a daily base. Monti or not Italy is „finished“. But now the EU bureaucrats are again entering the scene. Baroso warns of a systemic crisis (he is right on that) and he wants no actions and now the madness shines. A new round of credit and leverage of EFSF should do the work. JFYI the EFSF has to offer much more interest then Germany alone, but the credibility of Italy, France, Belgium etc is (not free but) falling. So there are two options I think the deledefs will take. At first the will put more pressure on the ECB to buy even more bonds (this would be another new round of expropriation). The other thing will be that they introduce a tax names something like „stabilization of the euro fond“ or the like. Taxes are not a gift they are robbery and so you can see in both paths a new round of expropriation starts.

But there is another „secret“ round, with no democratic control and even worse. The ECB has bought bonds from Greece, is now buying bonds from Greece and Italy. (it’s not known to me yet if France bonds are bought also) but the ECB has to be financed from every Euro country. And well Germany bears 27% or so of the „financial needs“ and well the bonds will get worthless sooner or later. I guess sooner is not a bad guess these days. Why is this even worse than EFSF, well the ECB works without any control. An extension to the EFSF is not very likely any more. But the obligations from the ECB must be beard. This means whatever the ECB does everyone has to pay for it (dearly) . So the way seems very clear to me. The pressure on the ECB will raise they will claims kind of emergency laws. And down we go.

I just invite you to check this blog for the past years and you’ll see how I warned about it over and over again. Just see http://mises.org/Community/blogs/fdominicus/archive/2011/02/03/my-predictions.aspx on my outside Mises blog I wrote (more than 2 years ago http://fdominicus.blogspot.com/2009/10/done-i-sold-last-asset-from-country.html
You can check the Mises blog and see they warned and warned and warned. But the delebets do not give in the name expresses what they are.

A lot of things

Schreibe eine Antwort

just stink. Now I have to read really bad comments about Berlusconi, but years after years nobody but a few did not have had anything against him. Hi tries to avoid processes with special laws targeting his wrong-doing. Tried to shorten statutory periods of limitation. All this was done during his whole period of „leadership“. Was there much critique?

No, he’s the leader of a big economy and nearly all is fine. Now he was gone and now hardly anything is fine any more, that stinks.

The EZB was started with the one and only goal stability of the currency. And is now buying bad bonds as mad and is the one of the biggest bad banks around. That stinks.

Everyday we get new laws to save us from ourselves, and this laws are binding to us. We have to follow otherwise we will be prosecuted. Now there are laws which are broken by our parties over and over again, and we do not even have a chance to question them in court. This laws are not binding to deledefs, that stinks.

Just a small excerpt of things which have more than a smell. And as it seems there will be much more to come, that stinks.

Ich glaube das verdient es

Schreibe eine Antwort

herausgehoben zu werden. Nach Google gibt es nur einen Link auf einen Satz den ich irgendwann mal in einem Kommentar fallen lies
„Wenn der letzte Kapitalist gegangen ist, werden Sie sehen, Gesetze kann man nicht essen“

In unschwer zu erkennender Ableitung eines „Indianerspruches“. Es wird natürlich niemals dazu kommen. Denn so gut wie jeder möchte leben und leben heißt wirtschaften. Es gibt keine Essen ohne Arbeit und es gibt ohne Handel keine Möglichkeit an alle Güter heranzukommen die man so braucht. Gerade wir in unserer heutigen Welt sind nicht in der Lage ohne Arbeitsteilung und Märkte zu überstehen. Ja es mag Leute geben, die sich selber ernähren können. Aber Leute die sich selber ernähren können, selber Ihre Häuser bauen, ihre Kleidung herstellen können, oder sogar nur ein Tier schlachten können sozusagen völlig „selbstgenügsam“ leben, die dürfte man an einer Hand abzählen können. Selbst in den primitivsten Kulturen gibt es immer ein Art „Arbeitsteilung“ ein geschickter Jäger wird sein auskommen finden wie auch ein effizienter Sammler. Zusammen geht es beiden besser….

Also handeln wir. Und damit geht es allen besser. Dazu braucht es Kapital, Arbeit und Ideen. In einer Substitivwirtschaft nützt einem das Wissen um den Bau eines Autos nichts. Ohne eine unglaubliche Zulieferindustrie, Werkzeugmacher, Logistiker, Straßen, Wissen um Materialien etc wird man nie ein Auto hinbekommen.

Alle sozialistischen Experimente werden immer scheitern denn niemals wird der Markt völlig ausschaltbar sein.

Ein alter Herr zeigt was Courage ist

Schreibe eine Antwort

Sie werden wahrscheinlich hier noch nie etwas über bestimmte Musiker gelesen haben. Somit haben wir hier nach fast 800 Blog Einträgen ein „Novum“. Heino gibt Seinen Bambi zurück weil Ihn auch die Bushido bekommen hat. Damit hat Heino mehr Courage im kleinen Finger als die meisten Delebets uns speziell auch Nobelpreisträger. Wieso es einen Bambi (eher etwas niedliches) wert sein sollte, Misshandlung und Gewalt zu glorifizieren kann ich nicht nachvollziehen. Nun denn soll jemand sich um eine angemessene Handhabung dieses Metalls gegenüber diesem „Musiker“ kümmern. Womöglich ist dann der nächste Friedensnobelpreis nicht mehr weit weg.

Was soll Heino gesaght haben: „In was für einer Welt leben wir…“