RE: Time And Value Are the Only Adversaries Of Universal Basic Income, Greenspan Just Predicted A Major Crash
I left behind the left/right political spectrum a long time ago, probably before you were born.
If you don't expect a reward for your efforts, why would anyone make an effort?
Money is necessary for any kind of economic calculation. And we need economic calculations in this world of scarcity.
Every single person decides what to do with their time. And with those decisions, they forego doing other things. Every person has a unique hierarchy of needs and desires and acts on them accordingly. Time being the ultimate scarce item. When you are doing one thing, you can't be doing another. And we decide on what we will do by comparing costs vs benefits of doing something rather than something else. And we must use price to determine costs and benefits. And to have a price, we must have money.
I don't know why you hate money so much. Have you gotten your money by immoral means? People often hate money who are ashamed of how they earned it. On the other hand, earning your money morally and lawfully would give you a great sense of pride and accomplishment.
I do not hate money and THANK money for having OPENED my eyes, that my LOVE for humanity is stronger than money, I SEE that the world is bankrupt because of millennia long of chasing money, believing in the carrot and the stick. If you you have left behind the left vs right paradigm, darwin is your belief system and that is why you see exploitation by any means as a fact of life. We all die anyway. This is moral relativism, one of the biggest scourges as we speak.
Spermageddon: Is the revelation that male fertility rates have plunged by 60% due to chemicals... WHO IS GOING TO JAIL for that??? We all die anyway? Too big to jail???
Making a living in a world that is completely broke LAWFULLY you mean? A world that canT even repay its debts? What pride? CanT you see the illusion? Greenspan Just Predicted A Major Crash and you do not care about all the people - middle class especially - that will lose everything? That is the law of the fittest, indeed.
There are NO incentive in perpetuating something that has caused the world bankruptcy, especially when the masses don't even realize that they are socially engineered to achieve such an end result and turned into happy machines of consumerism.
You do not want to question that, that is your right. Maybe because of your age you dont want to face the facts that by 2025, we'll have almost 40% unemployment, because it wont be your problem anymore. I know many people like that, they dont care and think the next generations will fix the problems. That translates a lack of personal responsibility and that is precisely why the planet is bankrupt.
I took the red pill 15 years ago and feel fine and will continue to awaken people, I am on a mission. Every spiritualist has warned against materialism and I am another one.
thank you for unfollowing
ps: I am going to edit all our conversations and post them on the earth custodians blog, for everybody to see how I answer people who worship materialism and pat their egos while the world is going under.
I don't worship anything. I just find it extremely funny that people are so fucked up that they attack the very thing that has made their lives so easy. 40% unemployment by 2025? Our unemployment rate has fallen from 10% to 4% in the last 7 years. So it is going in the opposite direction that you claim.
You continually make these outlandish claims that are lies.
I believe in personal responsibility. Nobody owes me anything. I believe that making one's own life better is the first step in making the world a better place.
Have fun editing and misrepresenting me. Thank god for this platform in that you can't edit what I say.
read the news better... because you believe fake news... research the disaster of QE, quantitative easing, by the federal reserve that has INJECTED trillions of dollars -- aka DEBT- into the economy to help it stay afloat... but with debt there is only ONE way..... down, the falling dominoes theory will occur. No if but when.
Greenspan predicts a mega bond crash (thanks to QE) and you are still lauding the system. Easy to make believe that the economy is doing fine with CREDIT CARDS.... tricking the unemployment rate is a magic trick with debts forced onto the taxpayers. If we hadnt had any poisonous QE, there would be at least 20-25% unemployment today. That is precisely why Greenspan sent a warning!!! What a double face he is though
Although I can copy and paste and edit, I will mostly edit myself, formulate my thoughts better. I will not misrepresent you, not needed because your replies are cliches, and such social cliches are widespread. I'd be foolish to change your wording.
The world is broke, bankrupt -- end of story, america has 100 trillion debt and you might just have to get over it at some point. Or give a call to the Fed Reserve. Even when I agree with Greenspan, you say that I make outlandish claims.
40% unemployment rate by 2025, makes sense, it will be even worse, much worse if taking the chart below into account in 2025 .
http://fortune.com/2015/09/14/donald-trump-unemployment-rate-jobs/
Quit watching TV selling the cool aid. I have been writing about economics for about almost 15 years, and know what I am talking about. The housing bubble is still there, back to 2008 levels and now on top of that there is an auto bubble... this is not going to end well.
what do you say about my latest blog (appetite for destruction) by the way? Have you read it or are you doing the ostrich?
I haven't owned a tv for 5-6 years now. Yes, the government is spending itself into bankruptcy. This has nothing to do with the fact that we need money. Money is a tool.
I like your little graph on employment. In it, you can see employment rising for the last 7 years. That doesn't support your little narrative. I wonder why you didn't go back a little farther? Before 1970's and the whole push for women having jobs, the total employment rate hovered between 54-58% for as far back as data was collected. The oldest graph I could find started in 1947. Why didn't you show that graph? I guess the facts don't support your little narrative.
Just because the US is bankrupt, (I think it went bankrupt in 1972), doesn't mean that individuals can't succeed. But it takes effort. It takes smarts. It takes deferring gratification and saving and investing.
This is not as fun as posting about how the world is going to end.
Here is a simple rule to guarantee success: Live on half your income and invest the other half.