os porcos da pocilga nacional-socialista estão preparados para fornecer a ‘dieta’
aos contribuintes.
o maluquinho gasta à tripa forra
os trabalhadores pagam e não bufam
.
Apenas, o resto é esvoaçar atabalhoadamente e na confusão mais dinheiro sujo e mais corrupção que passarão a lixo por incompetentes ou contentes com sa Situação:
.
The Age of Enlightenment was born sometime around the beginning of the eighteenth century.
.
This Golden Age cannot be recreated merely by applying the right mixture of spending, subsidies, re-regulation, and international agreements.
.
Because the economic advantages of industrialization rely on overproduction and profit, balanced trade is impossible if the advantage is to be preserved; it entails no economic profit. Industrialism is a Hegelian synthesis which embodies the forces for its own eventual destruction.
.
Time-tested and effective ways of analyzing problems have been known for centuries. Rene Descartes published his Rules for the Direction of the Mind around 1627 and the Discourse on Method in 1637. John Stuart Mill published his Methods in his System of Logic in 1843.
.
The mathematical method known as reductio ad absurdum has been employed throughout the history of mathematics and philosophy from classical antiquity onwards, as has the method known as counterexample.
.
Why this is worth mentioning is difficult to fathom. Overproduction has always been associated with economic and fiscal busts, and such busts have happened with such regularity that economists have even incorporated them into theory by euphemistically calling booms and busts the “business cycle.” The question that must be asked is, “What causes overproduction?” And the answer is industrialization.
.
The Industrial Revolution began in England around 1780. It transformed societies from a manual labour and draft-animal economy into a machine-based one.
.
Because there is little economic advantage (as economists measure it) in trading exports for imports of equal value, the international economy necessarily divides into net exporting nations who are enriched and net importing countries who are impoverished and less and less able to afford imports.
.
The system has to be patched or the machines would grind to a halt. Most of the work of economists since the middle of the nineteenth century consists of developing patches for this collapsing system.
.
Comparative advantage, creative destruction, free trade, Keynesian stimuli, and even social programs (which would be unnecessary if the economy provided for the needs of people) are merely attempts to patch the system, to keep the machines running.
.
Industrialists soon realized that if they reduced the quality of their products, their life cycles would be shortened which would require people to replace them more often thereby increasing consumption.
Manufacturers have been steadily reducing the quality of products ever since. An essential part in a device is made of an inferior material so the device fails far before its time and becomes junk.
.
Ultimately too many nations will be too poor to be importers, and the machines in the exporting countries will cease to function.
.
To use the preferred diction of economists, the system is unsustainable. Since the collapse of the industrial system is inevitable, a fundamental rethinking of the way the economy, fiscal and taxes works is the only alternative. It has always been the only alternative.
.
Essa da Alemanha sair do Euro e reinstituir o Marco era muito divertida.
Em 2011, o Marco valia 2 ou 3 dolares, não havia BMWs, Mercs e VWAGs a menos de 100k USD, etc. O desemprego na Alemanha passava acima dos 30%, sem falar nas falências dos bancos.
Da frigideira para o fogo, “between a rock and a hard place”, etc.
Há duas espécies de ingenuidade: uma que ainda não percebeu todos os problemas e ainda não bateu a todas as portas do conhecimento; e outra, de uma espécie mais elevada, que resulta da filosofia que, tendo olhado dentro de todos os problemas e procurado orientação em todas as esferas do conhecimento, chegou à conclusão de que não podemos explicar nada, mas temos de seguir as convicções cujo valor inerente nos fala de maneira irresístivel.
That means cutting public spending, laying off workers, reducing consumption, and increasing unemployment and bankruptcies. It also means shrinking the money supply, since virtually all “money” today originates as loans or debt.
.
Reducing the outstanding debt will reduce the amount of money available to pay workers and buy goods, precipitating depression and further more economic pain.
.
The financial sector has sometimes been accused of shrinking the money supply intentionally, in order to increase the demand for its own products. Bankers are in the debt business, and if governments are allowed to create enough money to keep themselves and their constituents out of debt, lenders will be out of business.
.
The central banks charged with maintaining the banking business therefore insist on a “stable currency” at all costs, even if it means slashing services, laying off workers, and soaring debt and interest burdens. For the financial business to continue to boom, governments must not be allowed to create money themselves, either by printing it outright or by borrowing it into existence from their own government-owned banks.
.
Today this financial goal has largely been achieved. In most countries, 95% or more of the money supply is created by banks as loans (or “credit”). The small portion issued by the government is usually created just to replace lost or worn out bills or coins, not to fund new government programs.
.
Banks advance the principal but not the interest necessary to pay off their loans; and since bank loans are now virtually the only source of new money in the economy, the interest can only come from additional debt. For the banks, that means business continues to boom; while for the rest of the economy, it means cutbacks, belt-tightening and austerity. Since more must always be paid back than was advanced as credit, however, the system is inherently unstable.
.
When the debt bubble becomes too large to be sustained, a recession or depression is precipitated, wiping out a major portion of the debt and allowing the whole process to begin again. This is called the “business cycle,” and it causes markets to vacillate wildly, allowing the monied interests that triggered the cycle to pick up real estate and other assets very cheaply on the down-swing.
.
The financial sector, which controls the money supply and can easily capture the media, cajoles the populace into compliance by selling its agenda as a “balanced budget,” “fiscal responsibility,” and saving future generations from a massive debt burden by suffering austerity measures now.
.
Bill Mitchell, Professor of Economics at the University of New Castle in Australia, calls this “DEBT TERRORISM.” Bank-created debt becomes more important than economy, employment, production, agriculture, cattle, foret, tourism, industry, no-financial enterprises, schools, medical care etc
.
.
DEFICIT TERRORIST STRIKE (C
.
Hyperinflation or Deflation?
.
The dreaded threat of hyperinflation is invariably trotted out to defeat proposals to solve the budget crises of governments by simply issuing the necessary funds, whether as debt (bonds) or as currency. What the deficit terrorists generally fail to mention is that before an economy can be threatened with hyperinflation, it has to pass through simple inflation; and governments everywhere have failed to get to that stage today, although trying mightily.
.
In fact, the money supply has been shrinking at an alarming rate.
.
The stock of money fell from $14.2 trillion to $13.9 trillion in the three months to April, amounting to an annual rate of contraction of 9.6pc. The assets of institutional money market funds fell at a 37pc rate, the sharpest drop ever.
.
The plunge in M3 has no precedent since the Great Depression. The dominant reason for this is that regulators across the world are pressing banks to raise capital asset ratios and to shrink their risk assets.
.
Too much money can hardly have been pumped into an economy in which the money supply is shrinking. Since the stimulus efforts have failed to put needed money back into the money supply, the stimulus program should be abandoned in favor of its diametrical opposite — belt-tightening austerity.
.
It will mean a long, slow and deliberate winding down until solvency is within reach. It will mean cities, states and counties will go bankrupt and not be rescued. And it will be painful. Consumption could decline precipitously. Unemployment numbers may skyrocket and bankruptcies will stun readers of daily blogs like this one. It will put the brakes on growth around the world.
.
Hyperinflation, however, is a bogus threat, and before we reject the fiscal stimulus idea, we might ask why these programs have failed. Perhaps because they have been stimulating the wrong sector of the economy, the non-producing financial middlemen who precipitated the crisis in the first place.
.
The alternative to throwing massive amounts of money at the banks is not to further starve and punish businesses and individuals but to feed some stimulus to them directly, with fiscal amnesties, new fiscal mechanisms over comsuption isenting Tax-Production-Profits and strong taxes reductions.
.
The EMU countries are trapped in a deadly pyramid scheme, because they have abandoned their sovereign currencies for a Euro controlled by the ECB. Their deficits can only be funded with more debt, which is interest-bearing, so more must always be paid back than was borrowed.
.
The ECB could provide some relief by engaging in “quantitative easing” (creating new Euros), but it has insisted it would do so only with “sterilization” — taking as much money out of the system as it puts back in.
.
The EMU model is mathematically unsustainable and doomed to fail unless it is modified.
.
BLASFÉMIAS
os porcos da pocilga nacional-socialista estão preparados para fornecer a ‘dieta’
aos contribuintes.
o maluquinho gasta à tripa forra
os trabalhadores pagam e não bufam
os bufos andam por aí à solta e bem pagos
GostarGostar
porra! táva a ver que nunca mais chegava, agora fiquei sem verba para comemorar.
GostarGostar
Eles estão a chegar do céu..vejam..é o Durão..
GostarGostar
.
Apenas, o resto é esvoaçar atabalhoadamente e na confusão mais dinheiro sujo e mais corrupção que passarão a lixo por incompetentes ou contentes com sa Situação:
.
The Age of Enlightenment was born sometime around the beginning of the eighteenth century.
.
This Golden Age cannot be recreated merely by applying the right mixture of spending, subsidies, re-regulation, and international agreements.
.
Because the economic advantages of industrialization rely on overproduction and profit, balanced trade is impossible if the advantage is to be preserved; it entails no economic profit. Industrialism is a Hegelian synthesis which embodies the forces for its own eventual destruction.
.
Time-tested and effective ways of analyzing problems have been known for centuries. Rene Descartes published his Rules for the Direction of the Mind around 1627 and the Discourse on Method in 1637. John Stuart Mill published his Methods in his System of Logic in 1843.
.
The mathematical method known as reductio ad absurdum has been employed throughout the history of mathematics and philosophy from classical antiquity onwards, as has the method known as counterexample.
.
Why this is worth mentioning is difficult to fathom. Overproduction has always been associated with economic and fiscal busts, and such busts have happened with such regularity that economists have even incorporated them into theory by euphemistically calling booms and busts the “business cycle.” The question that must be asked is, “What causes overproduction?” And the answer is industrialization.
.
The Industrial Revolution began in England around 1780. It transformed societies from a manual labour and draft-animal economy into a machine-based one.
.
Because there is little economic advantage (as economists measure it) in trading exports for imports of equal value, the international economy necessarily divides into net exporting nations who are enriched and net importing countries who are impoverished and less and less able to afford imports.
.
The system has to be patched or the machines would grind to a halt. Most of the work of economists since the middle of the nineteenth century consists of developing patches for this collapsing system.
.
Comparative advantage, creative destruction, free trade, Keynesian stimuli, and even social programs (which would be unnecessary if the economy provided for the needs of people) are merely attempts to patch the system, to keep the machines running.
.
Industrialists soon realized that if they reduced the quality of their products, their life cycles would be shortened which would require people to replace them more often thereby increasing consumption.
Manufacturers have been steadily reducing the quality of products ever since. An essential part in a device is made of an inferior material so the device fails far before its time and becomes junk.
.
Ultimately too many nations will be too poor to be importers, and the machines in the exporting countries will cease to function.
.
To use the preferred diction of economists, the system is unsustainable. Since the collapse of the industrial system is inevitable, a fundamental rethinking of the way the economy, fiscal and taxes works is the only alternative. It has always been the only alternative.
.
GostarGostar
Essa da Alemanha sair do Euro e reinstituir o Marco era muito divertida.
Em 2011, o Marco valia 2 ou 3 dolares, não havia BMWs, Mercs e VWAGs a menos de 100k USD, etc. O desemprego na Alemanha passava acima dos 30%, sem falar nas falências dos bancos.
Da frigideira para o fogo, “between a rock and a hard place”, etc.
GostarGostar
Há duas espécies de ingenuidade: uma que ainda não percebeu todos os problemas e ainda não bateu a todas as portas do conhecimento; e outra, de uma espécie mais elevada, que resulta da filosofia que, tendo olhado dentro de todos os problemas e procurado orientação em todas as esferas do conhecimento, chegou à conclusão de que não podemos explicar nada, mas temos de seguir as convicções cujo valor inerente nos fala de maneira irresístivel.
Albert Schweitzer
GostarGostar
essa do pig floid bem metida
GostarGostar
DEFICIT TERRORIST STRIKE
That means cutting public spending, laying off workers, reducing consumption, and increasing unemployment and bankruptcies. It also means shrinking the money supply, since virtually all “money” today originates as loans or debt.
.
Reducing the outstanding debt will reduce the amount of money available to pay workers and buy goods, precipitating depression and further more economic pain.
.
The financial sector has sometimes been accused of shrinking the money supply intentionally, in order to increase the demand for its own products. Bankers are in the debt business, and if governments are allowed to create enough money to keep themselves and their constituents out of debt, lenders will be out of business.
.
The central banks charged with maintaining the banking business therefore insist on a “stable currency” at all costs, even if it means slashing services, laying off workers, and soaring debt and interest burdens. For the financial business to continue to boom, governments must not be allowed to create money themselves, either by printing it outright or by borrowing it into existence from their own government-owned banks.
.
Today this financial goal has largely been achieved. In most countries, 95% or more of the money supply is created by banks as loans (or “credit”). The small portion issued by the government is usually created just to replace lost or worn out bills or coins, not to fund new government programs.
.
Banks advance the principal but not the interest necessary to pay off their loans; and since bank loans are now virtually the only source of new money in the economy, the interest can only come from additional debt. For the banks, that means business continues to boom; while for the rest of the economy, it means cutbacks, belt-tightening and austerity. Since more must always be paid back than was advanced as credit, however, the system is inherently unstable.
.
When the debt bubble becomes too large to be sustained, a recession or depression is precipitated, wiping out a major portion of the debt and allowing the whole process to begin again. This is called the “business cycle,” and it causes markets to vacillate wildly, allowing the monied interests that triggered the cycle to pick up real estate and other assets very cheaply on the down-swing.
.
The financial sector, which controls the money supply and can easily capture the media, cajoles the populace into compliance by selling its agenda as a “balanced budget,” “fiscal responsibility,” and saving future generations from a massive debt burden by suffering austerity measures now.
.
Bill Mitchell, Professor of Economics at the University of New Castle in Australia, calls this “DEBT TERRORISM.” Bank-created debt becomes more important than economy, employment, production, agriculture, cattle, foret, tourism, industry, no-financial enterprises, schools, medical care etc
.
GostarGostar
.
DEFICIT TERRORIST STRIKE (C
.
Hyperinflation or Deflation?
.
The dreaded threat of hyperinflation is invariably trotted out to defeat proposals to solve the budget crises of governments by simply issuing the necessary funds, whether as debt (bonds) or as currency. What the deficit terrorists generally fail to mention is that before an economy can be threatened with hyperinflation, it has to pass through simple inflation; and governments everywhere have failed to get to that stage today, although trying mightily.
.
In fact, the money supply has been shrinking at an alarming rate.
.
The stock of money fell from $14.2 trillion to $13.9 trillion in the three months to April, amounting to an annual rate of contraction of 9.6pc. The assets of institutional money market funds fell at a 37pc rate, the sharpest drop ever.
.
The plunge in M3 has no precedent since the Great Depression. The dominant reason for this is that regulators across the world are pressing banks to raise capital asset ratios and to shrink their risk assets.
.
Too much money can hardly have been pumped into an economy in which the money supply is shrinking. Since the stimulus efforts have failed to put needed money back into the money supply, the stimulus program should be abandoned in favor of its diametrical opposite — belt-tightening austerity.
.
It will mean a long, slow and deliberate winding down until solvency is within reach. It will mean cities, states and counties will go bankrupt and not be rescued. And it will be painful. Consumption could decline precipitously. Unemployment numbers may skyrocket and bankruptcies will stun readers of daily blogs like this one. It will put the brakes on growth around the world.
.
Hyperinflation, however, is a bogus threat, and before we reject the fiscal stimulus idea, we might ask why these programs have failed. Perhaps because they have been stimulating the wrong sector of the economy, the non-producing financial middlemen who precipitated the crisis in the first place.
.
The alternative to throwing massive amounts of money at the banks is not to further starve and punish businesses and individuals but to feed some stimulus to them directly, with fiscal amnesties, new fiscal mechanisms over comsuption isenting Tax-Production-Profits and strong taxes reductions.
.
The EMU countries are trapped in a deadly pyramid scheme, because they have abandoned their sovereign currencies for a Euro controlled by the ECB. Their deficits can only be funded with more debt, which is interest-bearing, so more must always be paid back than was borrowed.
.
The ECB could provide some relief by engaging in “quantitative easing” (creating new Euros), but it has insisted it would do so only with “sterilization” — taking as much money out of the system as it puts back in.
.
The EMU model is mathematically unsustainable and doomed to fail unless it is modified.
.
GostarGostar
Já Abracourcix nos chamava a atenção para a possibilidade de o céu desabar sobre nós.
GostarGostar
o peluche deve ter caído no caldeirão da cabotinice em piqueno.
GostarGostar