You gotta laugh.
The big news on the financial services wires is that Draghi wore his blue-coloured 'whatever-it-takes' tie to yesterday's announcement about what in the hell is going on with various economic policy settings and targets, in the Euro-zone.
This is NOT Mario Draghi's blue tie! He could not wear such a thing. The history and meaning of paisley - the motif - is quite amazing. |
People quoted various figures that add up to 'zero' whichever way you looked at it, and then the next big news was that the European Stock Markets er, something, maybe they approved but they went one way and then the other and everyone now thinks er, something, anyway...
Get the picture? And this is going to go on till the next decade at least - according to the idiot Draghi.
Not.
He's actually calling what he has been doing 'stimulus measures!'
This is the same kind of thing as what is going on in the world's greatest and largest paper financial economy...
But in the real world - well in the real world it's all a helluva mess. We don't need to go into a litany here of all the problems; we all know what most of them are.
Now if I started to just plain avoid talking about all these problems, and began talking about how wonderful everything was for me, people would say 'this guy is crazier than we thought.'
Even if things were great for me, you'd have to be Blind Freddy not to think that the concerns of the outside world could never enter your own little world and create havoc if you didn't try to protect yourself.
The difficulty with talking about how great things are for you, is the risk of attracting unwanted attention! From authorities, competitors, narcissists in business who want to absorb the energy of your success and squander it...
Yep. I have a rock, and I'm sitting tight underneath it.
I hope things are going well for you - now is the time to start making money for yourself. You see the banks and the standard markets and all of this have reached beyond the point of no return; people can't see it this way so clearly, but this has already happened. The public - people at large - are in deep need of something, and there is a huge demand for something, and it is not a something either the banks or governments possess any of. And nor will they ever in this world.
The underlying basis of business now has to shift away from concepts of risk that were appropriate in a free open currency and interest rate market, and look at things through the filter of human risk and human psychology. After that, it's easy to see how to, and then go ahead and make, money.
To make money today, you but are required to provide what it is everyone needs.
No one needs debt. No one needs equities paying no yield. And no one needs Mario Draghi.
There are a lot of special concepts attached to the complete definition of 'money.' These concepts entirely elude the crooks who have ruined the world that we once knew - and that is because these people cannot create anything and are motivated by taking whatever is not firmly locked down and then 'having it' for themselves. They are so greedy - and so stupid too - they simply had to have all the money in the world as their own private personal possession. And now they do.
So the question is - do these people also have a sound understanding of what value, is? If they knew, they might use their money to buy value...
Because you see, if they think now instead, that they can simply preside over the exchanges of value that will go on between people, well they are mistaken.
You will live to see the utter destruction of the forms of cash (paper and digital) money that you have been used to, and the complete fall and collapse of institutions you could not have imagined, growing up, would fail and die and then disappear.
We can't just be simply harping on about gold all the time - yes gold is money but what we should be talking about is trade and exchange. Business is about trade and exchange, and these clowns that have taken over everything, have failed to see that by simply 'getting' money, you will have avoided comprehending how one trades and undertakes exchange - of merchandise and goods and services. Sure cash is something held by the bank, but capital is held entirely in people's heads... Always. It's always there; it's not anywhere else. It's a big mistake to be suckered along by accountants into believing capital is on balance sheets or exists as real physical things out in the external, material world. Capital comes from the belief in the value of something. And not in the thing itself.
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