Which Is More Valuble....Money or Production?
June 12, 2010
– Comments (13)
There are the Keynesian Fools that think money is more valuble than production and money drives production...which lead them to silly conclusions like Keynes made in 1927:
“We will not have any more crashes in our time.” – John Maynard Keynes
But in Alstrynomics, it is production that drives the value of money and gold.....and without production money/gold is worthless. You can have all the money and gold in the world on an isolated island, without any human production the money and gold is worthless. HUMAN PRODUCTION IS THE ONLY REASON WHY GOLD AND MONEY HAVE VALUE....THEY ARE A DERIVITIVE OF HUMAN PRODUCTION.
Once the producers realize the bankers and politicians can produce as much money as they want to control the producers lives and production WITHOUT THE BANKERS/POLITICIANS PRODUCING THEMSELVES....inevitably the producers will stop producing for the "free" banker, politician and welfare money UNLESS forced to produce by threat....war is a wonderful mechanism which allows the moochers to force the producers to work for the benefit of the moochers.
As an aside, this essentially is the basis for many revolutions as the moochers become too indifferent to the struggles of the producers.....and the producers revolt. THE MOOCHERS EVENTUALLY REALIZE THEY HAVE NO LIFE IF PRODUCERS ARE NOT PRODUCING.
There are many way to confiscate the producers production in modern times including taxation, regulation, inflation in prices, deflation of wages, and outright taking of production.
Of course there is a balance....but the balance will inevitably tilt to the favor of the moochers eventually as the allure of making unlimited free money without any basis of production is too enticing to resist in the short term.
So here we are......many producers are not making a sufficient income to sustain a satisfactory lifestyle as wages are collapsing and the prices of almost everything they pay for is skyrocketing......while the moochers keep creating more and more free money for the politicans, bankers and welfare recipients.......EVEN THOUGH THE UNDERLYING PRODUCTION IS CRASHING.
The producers are getting angry....really really angry.....Atlas is starting to shrug around the world....
12,000 nurses in Minnesota....
Millions of workers around the world.....and more and more each day as factories shut down and producers figure out what is going on......
Spirit Airlines pilot strike could delay thousands
Spirit Airlines pilots went on strike Saturday in a dispute over pay, and the discount carrier immediately canceled all of its flights for the day.
And for those of you that say Keynes's policies drove America's prosperity for the past thirty years....I say Amen...yes my fellow sheep.....
But it is also true that Madoff's actions drove the perceived prosperity of his clients for a similar period of time.....until the fraud was exposed by the access to money running out.....
Instead of losing access to money.....we are losing access to production as more and more shuts down.........more and more hospitals....more and more schools.....more and more businesses.....more and more cities......more and more counties......more and more states..........
Hurry keep making pancakes, you may not have any fuel to fire up the stove in the near future as there will be no one to deliver it........
At that point, money and gold will have no value and we will be well on our way into the Digital Age.....it is getting very exciting.
RSS Headlines
Fool UK