Showing posts with label economy. Show all posts
Showing posts with label economy. Show all posts

Wednesday, September 16, 2009

Phantom Bills

I've realized now that living in the city is hurting everyone I know. From the rich people to the poor people, everyone.

My dad, and my step mom have nothing saved up at all over all these years and no retirement to look forward to. It's the same with my step brothers and my real brother. Pensions and social security are far from a sure thing now, even if you live that long. Also my step sister has a house and a good paying job but at the cost of it being a horrible job and her house being worth half as much. Also her friend who is having her rental house foreclosed even when she is a regional manager of some company. And might even file bankruptcy.

I was thinking today about why this is, and I think that not having land is a big factor in why when we live in the city it's a loosing proposition. I notice that almost every house has 1/6th of an acre in the city or less if it's an apartment. But because of people not having land, people never have resources to make their own stuff and have to resort to buying stuff from retailers. The problem is that all stores buy at wholesale price and then sell at retail price, but if we made our own stuff we wouldn't have to pay for shipping or overhead or the cost of the retail price mark ups. Except for highly specialized products that require companies.

Reasons that land is needed by everyone:

  • Grow and cook your own food to be healthy and have something to do and save on bills
  • Build your own shed out of wood instead of paying retail for it from the store.
  • Smokers should grow their own tobacco for infinite supply without paying $7/pack
  • We have nothing to do in the cities because everything is done for us and we just pay for it.
  • In the country there's opportunity to build and grow which isn't found in the city.

Other than general retail monopolies, there are also other contributing factors to why everyone loses in the city.

Divorces are expensive and I'm sure mortgage companies know that most couples that buy a house eventually divorce and lose their house.

Also every loan out their including credit cards is just like a tax. They're taking money without producing anything. So that money just disappears from your pocket and the economy as a whole.

Not to mention taxes which are ever increasing and only damage the economy.

Also everyone I know with a college education doesn't have a job in that field. So even becoming educated is extremely risky if their are no jobs in that field, or the jobs get shipped over seas, or your company goes out of business. Not to mention the extreme divotion of time and money for unknown pay off. I know a friend of the family that went to school to become a police officer but right after he was done with school the sheriff of pasco county Bob White announced that there will never be another police officer job opening in pasco county for the foreseeable future.

And in an apartment all of your rent is money just going down the drain. The landlords are not contributing any product to the economy.

Even rich people are loosing because there monthly expenses rise just as much as their monthly salaries and they never save up either. Who would ever think that banks would go under. And big companies too. These people are smart and try to have the least risk possible.

The moral of the story or the lesson to be learned is: The sooner you get out of the city the better. Also time and money equal fun. So have fun. Cities are boring and monotonous. Just ask anyone that moved out of the city, and into the country.

Don't let it become too late and get stuck in the city like everyone else, with no way out, as one of the working poor. Or a manager with no life at all outside of work.

Thursday, July 23, 2009

Fiat Currency

Gold has intrinsic value because you can actually do stuff with it, as well as being compact and easy to trade as money. But why do we have paper money? Is it better?

Well back in the 70's under Nixon we were having trouble paying off our debts. So we started monetizing the debt and to do that we went off of the gold standard and into paper money. The official story was that we didn't want to be reliant on the gold standard if another country were to have a gold strike and became richer than us. Also the gov told us how the dollar is stable but gold prices fluctuate. But what they were really doing was just paying off debt by printing more money, and saying that the dollar was good. But now it's going the way og the german franc at the end of the nazi occupation, and people are starting to think that the dollar may not be as good a currency as it used to be.

It's interesting how fort knox got all the gold it has. All they did was say that it was illegal to have gold currency and now you could only have it as jewelry or collectable coins. So by "fiat"(translated: "make it so") they traded all the gold in america nad also in Europe for absolutely nothing but paper. So essentially the US gov. took all that gold essentially for free, all by just trusting them.

In the end the dollar is only worth as much as the people think it's worth. It only has concieved value and no intrinsic value like gold does. So buy gold now as a hedge against the dollar and as savings, not when you're paid for your work in dollars in the future, when they're not worth anything.

It shouldn't say on the dollar bill "In god we trust", it should be "In fiat we trust." This is an idea to write on dollar bills for any anarchists out there that want to nudge the dollar over the edge.