Methods

David Graeber is an Intelligent human being – an activist – active in occupy wallstreet and so on.

His book – debt the first 5000 years – is a scientific very detailed 534 pages book – but what he misses – what is wrong with debt?

let me tell you what is wrong – with the interest on debt monetary system:

repaying debt is not so easy, not only because of the interest-on-interest effect but also – the money to pay the interest – IS NEVER CREATED in the first place – the game is rigged. (see another great book: Bernard Lietaer “rethinking money”)

Here comes the (simplified but still true) example:

imagine a world where there is only one bank and two shoe companies:

  • company A shoes
  • company B shoes

Bank X is given a loan from the central bank of $100.000 in cash (the central bank is the only bank allowed to issue cash).

The $100.000 Bank X keeps as reserves (10% in reality this would be only 1%).

This allows Bank X to lend out 100% of the $100.000 meaning $1.000.000 or one million in “book money” (money that only exists in the books or in computers).

So Bank X can gives company A and company B a loan of $450.000 to start their business and wants every year a modest rate of 3% interest.

The problem: the 3% interest ($13.500 in the first year) ARE NEVER GENERATED and thus one of the loans HAS to fail.

So after the first year – already $27.000 of interest would need to be paid to Bank X – but because this money was never created in the first place it can not be paid unless…

Company A needs to “extract” money/steal from company B in order to repay their debt or face bankruptcy.

Eventually one of the companies will have to close down – people lose their jobs – and the other company then has a monopoly on shoes – the prices for shoes skyrocket X-D

Because the interest-money is never created, it is not in the game, one of the competitors has to fail so the other competitor can repay the loan.

This is evil.

It is evil because sets people against each other in very very aggressive and evil way and calls it “normal”.

This will create a society of thieves and robbers and this is exactly what we have today.

did you know the “privatization” comes from the the latin word “privare” which literately means to steal? (deprive, rob)

The Goldman Sachs saying: “it is not enough that you win – others have to lose”

is not exactly correctly, more correct would be:

“in order to win – others will have to lose”

because those are the (current rules) of this catastrophic debt based game.

Here is another piece of wisdom: NEVER lend money to family or friends or you will lose both.

instead: if a friend or family member is in need ask them what they need and buy it for them. (help with material not with money directly)

or: give the money as a gift.

never the less Graeber keep up the good work.

Lietaer has unfortunately passed away.

https://youtu.be/La8Pw8tjciI
https://youtu.be/La8Pw8tjciI

https://news.un.org/en/story/2020/07/1068631

She tackles the horrifying terrible crimes of the human race in the most fucked up corners of this beautiful planet

She can bring attention not only to the:

  • UN (which was formed after ww2 – to keep dialogue between almost all nations of this planet going – even those that hate each other – to prevent further useless wars and terrible escalations but has been looked at with scorn and rendered powerless by the US)
  • but to those very tough topics
  • UN blue helmets are very much in need around the globe – as an 3rd objective independent party – that can help bring peace to opposing forces
https://twitter.com/UNPeacekeeping/status/1110945575657103361
https://twitter.com/UNPeacekeeping/status/1110945575657103361

respect2Angelina!

not a lot of wealthy rich western people dedicate their time helping the poorest in the most fucked up corners of this beautiful planet

a hero not only in the movies – but also in real life

PS: sorry it did not work out with Brad :-p

soon UN blue helmets in Donbass?

There are a lot of UN blue helmet peace keeping missions in progress around the globe

https://en.wikipedia.org/wiki/List_of_United_Nations_peacekeeping_missions

What is important, even when the UN headquarters are based in NY (should be moved to some independent island)

  • that the UN stays active and as independent an unbiased as possible
  • the UN must at all costs avoid to become “a tool” for the US or other nations
  • blue helmets send to Donbass should neither from Ukraine nor from Russia (independent parties) that can report truthfully what the situation is and try to keep the peace

To invite the UN peacekeepers in the Donbass: Pristayko announced a plan in case of failure in Minsk

Ukraine has not officially turned to the UN with the issue of the peacekeepers, but this proposal had been received from Russia, said Pristayko.

auto translated from: https://glavred.info/politics/10130525-priglasit-mirotvorcev-oon-na-donbass-pristayko-ozvuchil-plan-na-sluchay-provala-v-minske.html

The administration of US President Donald trump intends to discuss with the Russian side a plan to deploy 20 thousand peacekeepers in the Donbas.

The United States wants to introduce 20 thousand peacekeepers in the Donbass

How it transmits Axar.az , this is reported by the American newspaper The Wall Street Journal.

This issue is expected to be raised in the coming days. According to the newspaper, according to American and other Western diplomats, this mission can operate under the auspices of the OSCE, and not the UN.

As the newspaper notes, this plan will become one of the parts of the US strategy against Russia, aimed at Moscow’s compliance with the Intermediate-range nuclear forces Treaty (INF).

auto translated from: https://ru.axar.az/news/vmire/224291.html

since “early 2014, fighting has left more than 11,000 dead and thousands injured”

source: https://www.crisisgroup.org/europe-central-asia/eastern-europe/ukraine/donbas-peacekeeping-opportunities-and-risks

Casualties and losses
4,431 killed[17][18][19]
70 missing[20]
9,500–10,500 wounded[21]
5,670 killed[*][21][22]
12,500–13,500 wounded[21]
3,353 civilians killed (315 in 2016–2020)[21][23]
13,000–13,200 killed; 29,000–31,000 wounded overall[21]
1,414,798 Ukrainians internally displaced; 925,500 fled abroad[24]

https://en.wikipedia.org/wiki/War_in_Donbass

https://en.wikipedia.org/wiki/United_Nations_peacekeeping

https://twitter.com/UNPeacekeeping

Max Keiser calls it “financial feudalism

“a few players are taking the world private, by printing their own money”

Max does not tweet a lot, but constantly says he can be reached on twitter, so give it a try.

FED: https://en.wikipedia.org/wiki/Jerome_Powell

since at least 2017

“the Swiss National Bank. As I said above, don’t forget there are still central banks deeply entrenched in QE and, beyond local government bonds, are buying foreign assets (in large amounts). Switzerland’s central bank has more freshly printed money to put to work every quarter, and has been increasing their allocation to equities dramatically–$80 billion of which is now (as of the end of the first quarter) in U.S. stocks! That’s a 29% bigger stake than they had at the end of 2016. The SNB is the world’s eighth biggest public investor.” (https://www.forbes.com/sites/bryanrich/2017/05/16/this-central-bank-owns-80-billion-worth-of-u-s-stocks/)

Technology & Culture:

Sorry to shatter some expectations, BitCoin will not make mankind “better” just as the iPhone not “automatically” made mankind “better”.

Technology can always be used for good or evil – the question is – will mankind be able to come up with a method of coming to intelligent informed decision as “a crowd of 10 billion”. (democracy tried to be such a method but now fails massively btw nowadays democracy has almost nothing to do with ancient Greek style democracy where only:

  • “citizens” (men with swords) were allowed to vote
  • it was voted on very direct concrete things like “should we go to war with Troja or not?” (black stone in the basket = no, white stone in the basket = yes, not almost obscure complex laws that nobody not even the politicians that vote on it understand)
  • Socrates said: only those that think deeply and rationally about things should be let near a vote

The BlockChain can be used for evil: NSA will create a “permanent” = unalterable record of every “fart” anyone ever did (total 1984 mass surveillance dictatorship) – “building perfect records of people’s lifes”

everything depends on a balance

https://www.youtube.com/watch?v=nORI8r3JIyw
https://www.youtube.com/watch?v=nORI8r3JIyw

The BlockChain can be used for good: help mankind survive by adding biodiversity to financial monetary systems by providing an alternative to debt created FIAT.

The amount of Bitcoins are limited by math – but what does math stop from diving bitcoins into smaller and smaller bits? (Just the amount of 0.00000000001 post-dot-digits one’s computer can process (it is actually not so easy for some programming languages X-D to process very large or very small numbers))

Same as an iPhone / Android phone SHOULD have a flashlight that might help people not fall in holes at night, when the “main flashlight” (the MAIN FIAT CURRENCY) fails.

So YES bitcoin can help mankind survive – which we hope all agree on – is a good thing.

but things need to be taken further: as technology improve – culture should improve too

the character of mankind re-cultivating from greed lying cheating egoism to altruism less aggressive more cooperative more sustainable more sharing more fair way of survival IS HARD BUT POSSIBLE 🙂

the "traditional" US business model
the “traditional” US business model – highly fragile and unsustainable – let’s change!