Saturday, April 20, 2019

Nomi Prins: Why Conservation of Ecology is Impossible in the modern Westernized (fascist/communist) world

yes everything is based on "'''Mo Money!" So you gotta "spend money to make money" etc. So if a person is not making money then they MUST be a parasite!! Right? I mean how could humans EXIST without money? haha. Money Money Money!!! So the idea of conservation suddenly Short-Circuits the Money Mind Control because conservation immediately inserts the idea that ENERGY is the real economy - not money. Ever since Victorian economic models in the 1840s - money is inherently based on an "infinite supply" as infinite mathematics!! So that's why MMT is so popular even in the "left."!! Just print MO Money!! No problem!! (Nomi Prins)

The world is sitting on a tremendously larger amount of debt. $325 Trillion of debt relative to GDP. It was LESS than 1 time Debt to GDP before the financial crisis. Now it is about 3 to 1. Basically the ratio from before the crisis to after the crisis has almost tripled. It's over 100% or almost Debt to GDP in the US.
 "AS IT (the interest rate) CREEPS UP A LITTLE BIT everything becomes more expensive, everything becomes tighter, subsidies start to crumble...Debt becomes very expensive and defaults start to come in.

We don't need Conservation as long as the Elite can DEMAND the extraction of profit from people and the planet. So they' keep DEMANDING more profits - via the imperial military (and the local police). And so if anyone wants to be "an adult" then that means being a "debt slave" - to spend money to make money. And you have to keep spending more money to make LESS money. That's where the PROFIT comes form. It's called RENT parasitism. Micheal E. Hudson covers this best - the econ prof. - yes Conservation assumes a physical reality that is limited is what GOVERNS the economy whereas Money MAKES money only by first assuming infinite growth as an ever expanding money supply based on interest rates.

The fact that the US FED can no longer RAISE the interest rates - this truly signals the END of money - it truly is the END of capitalism. Only people are in DeNile about it. No elite is gonna wanna buy US Treasury Notes unless there's a worthwhile profit. The corporate profit rate is supposed to be a 6% average per year. The FED interest rate profit is also supposed to be a 6% average per year. Right now the corporate profit rate is ONLY positive because the FED interest rate is so low - so that the public is completely subsidizing elite profits. And the elite - including the Democratic Party - keeps telling us that the money will "trickle down" - as long as we WORK HARD and be MODERATE and BROWN NOSE, etc. haha. It's the biggest scam in world history - as Nomi Prins exposes about the Federal Reserve

- over 90% of Wall St. profit now is from Buy Backs (previously ILLEGAL) but now the ONLY means to make a profit - and the buybacks are a pyramid ponzi scheme only fed by very close to FREE money. And so as long as the corporation can keep EXTRACTION profit (backed by the military and cops of course) - by keeping wages low and natural resources cheap (via Imperial Genocide).... then the elite are happy and the masses have to play along as wage-slaves. The only thing that is gonna STOP this profit prophecy is what is called the "discount rate" or "discounting the future." So what does that mean? "Given the time value of money, a dollar is worth more today than it would be worth tomorrow." Really? yes so you have financial depreciation and deflation. So it is just like any country caught in a Debt Spending Escalation crisis.

The ONLY way for money to increase its value it to print even MORE of it!! So we keep the interest rate as low as possible - but over time that means that the money is worthless. Conservation is totally impossible in the global capitalist system because it is run by the "surplus value" of money itself which inherently has an Infinite and "zero signifier" value. There can only be an escalating EXTRACTION of wealth (via slave labor or raping Nature) - for money to maintain a financial profit into the future. That's what makes the HOUSING crisis of 2007 so funny. You can not EXTRACT BLOOD from a rock!! So people were given cheap loans - with no backing - and no collateral. And the loans had hidden balloons but until the hidden "bomb" went off then the loan could be given a solid trading value on the loan market. 


So the loans were packaged up - and then people traded AGAINST their value as a derivative. So then when the hidden balloon kicked off - NO ONE was holding the ball!! The original lender had SOLD the loan - so they had no loss. The secondary buyer then bet against the value of the loan. So you had a purely speculative ZERO that was "disappeared" just as time is disappeared in a derivative. POOF. It's a nice mathematical trick - unless applied to the real world. So then the Banks took over people's houses - and sold them off to predatory interests, forcing people to now RENT - and PRESTO you are once again EXTRACTING even MORE profit from the poor people - who thought they were being "helped out" by capitalism giving easy home loan financing!!

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