On Bizarre Robot Traders (E67)

In Episode 67 of his show Max Keiser and co-host Stacy Herbert look at the scandals of the summer sequel of bankers returning to the scene of the crime to demand another, bigger ransom in "Deflationary Black Hole: The Sequel." In the second half of the show, Max talks to documentary filmmaker, Bregtje van der Haak about her film "Time for Change", in which ordinary people respond to the crisis of banking and bankers with their own solutions.

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[enmaxlineman]

Max tells the truth like wikileaks--- Good job Max

[dentistsugardusty]

@sanarkhos

yes but running from the origin, you eventually smack right back into it from behind.

running away from homelessness only improved greater homelessness, if that's what you're striving for. homelessness, it's basically a byproduct of selfishness. when something is newly built, the brand newness comes with a greater price tag and for some reason these "newness prices trickle back down onto the homeless land time wanted to forget. it becomes an ignorant cycle some prefer as progress.

[sanarkhos]

@dentistsugardusty

However, if you think everything can stay still and we shouldn't improve materially, then to hell with ya.

If I can move out of the gutter and live in a better environment that's growth and people pay top dollar for it while others ruthlessly compete to provide such an environment. It's all to the benefit to whatever consumers value. You may think they value the wrong things, but that's really up to every individual to decide.

[sanarkhos]

@dentistsugardusty

It depends what you mean by growth. The way Keynesians define it (very crudely), if we tax or embezzle money from a farmer, give it to a factory making bombs, bomb bridges, then rebuild them that's all growth.

If we give tax incentives for people to buy and renovate homes beyond their means, even if it's economically detrimental, it also counts as (Keynesian) growth.

If your productive capacity of higher order goods drops, that doesn't negatively effect K-growth....

[ytgv3fc7]

@katards it's easy enough now you've been told just to use the same thing. This is something anyone can do and I suspect a few people are. It's only natural that eventually more efficient thought-patterns will be discovered both through education and through evolution. I understand many people for now can not see the world but this will change. It will change as the world becomes too dangerous for under-performers.

[ytgv3fc7]

@zayadnay credit systems are part of the problem, not the solution. First of all, using usury credit instead of trade is a depletion on current production. Second it is a forward-pull on finite demand so that later on while credit is repaid production is even lower than normal. This causes massive swings and instability, eventually adding to system collapse. 3rd credit is used as an offer in place of proper wages so wages are driven down TWICE, second time to repay debts. Very, very evil.

[ytgv3fc7]

@zayadnay no, a rapidly appreciating currency is the opposite of today's problems, which is why it's a solution to have gold as money. Paper is a rapidly DEPRECIATING currency and that is the problem, and fraud behind it is the source problem. You don't GIVE people money, you TRADE people into money using PRODUCTION. You don't add additional metals all the time (and can not), you control PRODUCTION to match the MONEY SUPPLY which is NEAR-FIXED. That alone is stability.

[ytgv3fc7]

@zayadnay no, I acknowledge gold IS a scarce commodity, which is GOOD as money, not bad, and the gold price being valued properly will certainly equal WORLD GDP, not just USA GDP. It's the nature of money to match the value of the goods out there. So long as people believe in the fraud of paper, this is repressed. Once prices are driven up by massive inflation and hyper-inflation the faith will be gone and gold price will cover the entire world money vector.

[katards]

@ytgv3fc7 Ok, when did you arrive here on planet earth?

[ytgv3fc7]

@katards if you were to take all the connections and spaces for connections that I visualize for completing patterns or getting them as complete as seems to be able with limits from nature being a problem, it would be a lot of flowing surfaces folding and unfolding like origami. Highly useful patterns to learn and re-apply to everything. Nature simply is, we simply are a part of it, and seeing it for what it is lets me live a full and perceptive life. The whole book is open if one just looks