Yup, hyperinflation is going to come to Turkey so we can all once again see how it unfolds in real time.
All due to political decisions as Mish has time and again stated. Hopefully this leads to the overthrow of Edrogan.
KidHorn
2 years ago
The Washington Post is a front for the state department and CIA. They’ll report whatever these entities tell them to report. And since our government is 90% democrat, everything they report is in line with what the democrats want to be true. Same with CNN, MSNBC, and the major networks. And their comments are infested with government employees who post the same nonsense. Almost word for word what some posters on this forum post.
StukiMoi
2 years ago
“The Chinese” don’t even have enough brains to recognize the trivially obvious nonsensicality of communism. Fat chance they’ll ever be able to control the brains of others.
They only appear, comparatively, to be omnipotent, scary, yellow, mad scientist movie-badguys; to idiots who, like current day Americans, are stuck in even less free, even more totalitarian, societies, than the Chinese one.
Jojo
2 years ago
Good China article here:
——-
CNN’s Sinophobic Expert Is Clueless: China Is Reactionary, Returning to Confucianism; Not Communism
Congress Passes Ban on Goods From China’s Xinjiang Region Over Forced Labor Concerns
President Biden is expected to sign the bill, which drew a fierce corporate lobbying campaign against it.
Dec. 16, 2021
WASHINGTON — The Senate voted unanimously on Thursday to approve legislation that would ban the import of a wide array of products made in China’s Xinjiang region in a drive to prevent companies from sourcing goods produced through forced labor by persecuted Muslim minorities.
Its passage was a victory for supporters of an aggressive human rights measure that faced a fierce corporate lobbying campaign from businesses that argued it was too onerous and would disrupt global supply chains. The vote sent the measure to President Biden’s desk, where he was expected to sign it into law.
The US’s ongoing attacks on China have nothing to do with trade or human rights, but are a purely vindictive reaction to the realization that China is soon going to displace the US as the dominant power in the world. A final lashing out as the US continues its decline into insignificance.
China WILL eat our lunch unless we awaken to the new monetary paradigm of Direct and Reciprocal Monetary Gifting. Why? Because they are much more pragmatic about eroding the current monopolistic paradigm of Debt Only as the sole form and vehicle for the creation and distribution of money. The ancients utilized periodic debt jubilees to keep their economies stable and stop debt from overwhelming them. Since Rome we’ve failed to be at least as smart as they were. Of course the dominance of the monopolistic paradigm of Debt Only always came back which shows that debt jubilees were just a palliative reform. What we need is an new paradigm concept that can be intimately and continuously integrated into the economic process itself. That’s why using accounting (debits and credits) at retail sale to gift purchasing power to everyone at retail sale changes everything. It integrates the self interests of both consumers and producers, resolves the deepest problems of profit making economic systems and accomplishes what libertarian/austrian economists want, namely ongoing price deflation.
It’s puzzling that Mish, an austrian, does not applaud the obvious, immediate, ongoing and empirically indisputable beneficial effects such a price deflationary policy has for BOTH the individual AND enterprise. Maybe he just didn’t really look at it.
They’ve already displaced us. I think their economy is at least 2x ours, regardless of what the official GDP numbers are. We’re just too dumb to realize it yet.
prumbly
2 years ago
I can add some more popular lies: ” The vaccines work”, “There isn’t any election fraud”, “The vaccines are safe”
The amazing thing about all these lies is there is just an incredible amount of evidence that they are false – you hardly have to look for it – and yet huge numbers of people still believe them. It shows that people are quite capable of continuing to believe whatever they want in the presence of overwhelming contradictory evidence.
It’s constant reinforcement. Watch any network TV channel or CNN/MSNBC. They have a carefully selected bullpen of MD whores who are willing to reiterate the government messaging day after day after day. The talking head anchors are all in on it also, as they “lead” the MD’s into saying what they want. Then you have all the MSM newspapers with columnists all doing their part.
NOWHERE in the MSM will you hear any disagreement, any counterpoint. Logic isn’t important. Just keep repeating the same message – the vaccines are the savior of society as we know it, get your boosters, the hospitals are full of unvaccinated (you’d think that with so many sick unvaxxed that they all would have died off by now, no?), you’re kids NEED protection.
The MSM controls the media platforms and they WILL NOT allow any conflicting questions or messages to air.
The only thing we can do is wait for the side effects of the shots to eat away at the vaxxed, for the blood clots, strokes, heart attacks, autoimmune disease, etc. to rise to such high levels that it can no longer be ignored.
There must be some reason that all of the “evidence” of election fraud was not deemed worthy of submitting in court by Trump’s own lawyers. Not one of them submitted a single shred of evidence in court. I guess you must be right that just means it’s so obvious *rolls eyes* Must be that gigantic global conspiracy to make Trump look dumb. Did you survive Obama’s gay chemtrails and Jade 15?
Jojo
2 years ago
“Repeat the lies enough times and even some of the initial skeptics will start believing nearly anything.”
Covid fear? [lol]
numike
2 years ago
“The most inaccessible fortress is the human skull”
I suppose reasonable people can argue over whether the near all-encompassing indoctrination, has rendered Americans mostly potatoeheads, or boneheads…
In practice, the bigger problem is that neither of the above recognizes they have been left either. Hence are clamoring for ever more of the same, for other people’s children as well. Being taught how to ingratiate themselves to the junta, is what future generations of bone-, and potatoe-, heads need to “get ahead” in their lives to pick cotton to pay “down” “debt,” after all.
RonJ
2 years ago
“As a part of that system, authorities not only use biometric facial
recognition for mass surveillance, but also have collected DNA samples
from all Xinjiang residents ages 12 to 65, the official said.”
The major intersections in the U.S. city i live, have surveillance cameras. Over time, more are added. License plate readers. http://ancestry.com. 23 and Me. Vaccine passports. Medical records. Google Analytics. Marxist indoctrination of American school. children. At what point will it be near impossible to tell China and the U.S. apart? The other day a Twitter user was banned because of linking the Joe Rogan interview with Dr. McCullough in a tweet to their followers. American Uyghurs.
I wonder if the government has thought about all the foreign born Chinese living here who may be waiting for their mind control to be activated by their mainland masters, so as to act as the first leg of a future Chinese invasion? Uh oh….
RonJ
2 years ago
“US Accuses China of Developing Brain Control Technology”
This would make a fine conspiracy theory if it weren’t 100% true.
You probably know that this kind of stuff was carried out clandestinely on college campuses like Harvard University. One young highly principled college freshman was particularly influenced. His name was Theodore (Ted) Kaczynski. My point is that sometimes attempts to program human subjects can result in unintended consequences.
Would you believe that Ted Kaczynski amongst other things popularized the tiny house craze. If only he had used his architectural genius for niceness instead of evil.
Eddie_T
2 years ago
I never said inflation was a good thing. I said it can be a wealth multiplier if you choose to use it for your own financial gain. I don’t make policy, but I try to use the policy that exists to better my chances to end up better off than I was when I was a kid living in the trailer park. It hasn’t worked out too badly so far.
I’d be perfectly happy if long UST’s were yielding 7.5%, which is about where they really should be. I could retire and never worry about money again. But until the world reverts to financial sanity, I have to play the hand I got dealt.
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Mind control: Vaccination boosters work against Omicron
“The most inaccessible fortress is the human skull”
recognition for mass surveillance, but also have collected DNA samples
from all Xinjiang residents ages 12 to 65, the official said.”