Libraler/Libertärer und pro-kapitalistischer Blog, umbenannt als Homage an "This time is different". Schreiblage: Von locker über ernst, ironisch bis sarkastisch und manchmal nur noch makaber. Ab Dez 2017 auch 'The next money will be different' integriert
Well now we see another template example of interventions.
Argentina, has obviously left the area of markets due to the “politics” of Mrs Kirchner and her spouse. In a side-note
of the newspaper of my wife I found: Inflation 25% and official course between Peso and $. And what has happened before.
It started with good running exports and higher as usual prices for the exported goods. So far so normal, then comes the Kirchners and what did they do?
They spend this money on welfare (and if there is but one way to get money burned faster, really burn it). This has bought here enough votes (yes the merits of democracy) to
get re-elected. and it has come as it always comes.
The prices for the export goods are falling and she does not have enough money for their “welfare” operations. Well one might think well one must cut them back. That’s normal thinking, but not the
Deledefs way, and so they make more debts (one just can say as usual) and started to make restrictions on free trade. Well if you mess with the markets the only answer there is appears, the prices start
raising. And indeed even the stupid newspaper of my wife at least has to “admit” that inflation is beyond 25%. 25% means in a little over 3 years your property halfs in money value. You can bet the only things raising as fast as inflation are always the all-day-needed goods. And so the poor start paying the bill immediately.
Now the people act logically and try to get rid of the Peso and that means they buy other currencies, and this get the next reaction. Controls on the money export/exchange and indeed this is what Frau Kirchner and the Poligangsters did, they “forbid” exchanging into $ and now $ are scarce and a scarce thing does what? Exactly it raised in Price, now the official exchange rate and the “paid” exchange rate differ around 40%.
Very “appealing”, the members of the parliament (probably of Mrs Kirchners party), do what? They buy more Dollars and they can, so much to “equality” before the law
So the end is coming, and the interventions gets more and more by the hour. People which have gained at least some wealth are not expropriated by the inflation initiated by interventions of the state. The sucker spiral turns faster. I guess within the next 5 years Argentina will fall back below 3rd world level. So dear Argentines, say “thank you” to your deledefs. And bite yourself because of your stupidity.
the disaster can be subsumed under one small sentence.
The problems are there because of the monopolies of states. In this case the monopoly of currencies.
The FED , ECB etc, do just get their position because the state sanctioned it. It’s very easy. Just the Dollar or Euro are the lawfu payment items.
And so there is not market just the big wanter “state”.
The also do nothing against the defraud that banks do lend demand deposits. And so you just whisper bank-run and they get near a heart stroke. This system
is perverted. It does safe defrauders and punishes honest men. And that is called “fair”. It’s obviously just “fair” for those being favored by states. And the state
does do everything to get more and more supporters with bribe.
Give us our money back and we’ll recover. Do more of you interventions and we crash and “recover” therefafter. The first would be the right way but the
Deledefs of alll states, parties will not go that way, it does not suite there “idea” of “fairness”. They are suckers and hell I will name them as such.
that we nearing us an end of a bubble/burst cycle?
I wished I knew. So I just can speculate. At first it seems the debts were piled up higher than ever before in “peaceful” history. Peaceful in the sense that there is no war in Europe. But maybe I’m just too optimistic about the war stuff, maybe one has to admit it’s war between the deledefs and us. But well we currently do not shoot one another (but don’t ask me how long that will last).
There a a few other signes that maybe this time the end of this cycle is nearing. Gold still raises, slow but steady. And the worst fiat-currencies (EUR and US) are declining as well. I know there is not “real” alternative country on this earth, basing their economy on values, but well there are worse and a little better than worse fiat-money currencies. However we also see raising prices of commodities. The raises are not that striking in the “non-core” inflation area. But non-core inflation is kind of “a little bit pregnant”. It’s something that simply “does” not exist. We see devaluation races while the central bank go wild printing money. And so yes I think the prices show this devaluation.
Interesting also that the politicians are just cycling around each other and try hard to avoid any acknowledge of their population. You can see this in the last G8 meeting, which one just can describe with one word: spooky. They just were placed behind fences and the executive was closing down everything else. There you could see that they are not hampered by any sort of reality. It really was one of the days, one could see how they are not “working” for the public. At least not what I understand under public.
We’ve seen remarkable actions of men in north africa. They did not have learned much from our faults, but they managed to drive away their current deledefs which is a good thing. But I’m afraid they will follow the next duper, to some stupid thing. I hope I will be 100% wrong on this, but I do not see that politicians currently “leading” have done that much good. But may be “this time is different?” I can’t tell.
The actions of the federal banks seem to be desperation in disguise. They tell us “Everythign is under control” but I would not believe that for a second. So currently they try to prolong the suffering, but in the end we know “we are all dead” and Fiat money will die if not these days or months than someday in the future. You can not have “money” as debt. It’s one of the biggest chams ever in history. We are trying to sneak our way to wealth. That does not work. And devaluation of currencies is the surest way into doom. There is not exception to this rule. The “ruling” people, start issuing less valuable money and use their guns to “convince” us to take the more bad money on face to “better” alternatives. And I’m afraid there is never a “this time is different” in this area. The currently leading people do want to “lead” in the future too and so they do everything they possibly can to keep “their” system running. And so we never ever will see that they try not to fight what they probably will call “the market”. They will always attack those pointing out their lies….
And I ask you frankly. How can one believe that devils would to anything not to tantalize their “underlings”?