Re: Tune In, Turn On, Opt Out

[BeamMeUpScotty]

On 5/18/2013 4:52 AM, wien9al...@gmail.com wrote:
> On Friday, May 17, 2013 12:51:03 PM UTC-4, Werner wrote:
>> opting out means opting out of supporting our financialized cartel-state Neofeudal Debtocracy by being a compliant debt-serf and tax donkey.
>> http://www.zerohedge.com/news/2013-05-17/guest-post-tune-turn-opt-out
> ..... Who was it who wanted somebody to stop the world in order for him or her to get off it?
>
I discarded all my debt.


When times are shaky I feel comfortable with zero debt.



debt is handy when the economy is growing, under Socialism and Obama
there will be ZERO GROWTH.

The growth in the Government and the inflation will consume all the GDP
we have, with no expanding any money you borrow so you will lose money
when you borrow. In good time of Good GDP you "out pace" inflation and
what you borrow can then increase in value.


But That won't happen while Obama is President.


Obama REDISTRIBUTES wealth and grows government and that stifles the GDP.

The economy has been and is still STAGNANT and we see growing
inflation....

I'm NOT and apparently most businesses won't borrow money amidst
StagFlation.


--


*Rumination*
#51 - Leading a Nation ain't like making spaghetti where you throw
everything against the wall "and when something sticks" you're done.

[BeamMeUpScotty]

On 5/18/2013 2:51 PM, wien9al...@gmail.com wrote:
> Werner wrote on May 17th:

>> opting out means opting out of supporting our financialized cartel-state
>> Neofeudal Debtocracy by being a compliant debt-serf and tax donkey.
>

> BeamMeUpScotty wrote at 9:41 AM:

>> I discarded all my debt.

> ..... And also the payable interest charges on your debt. Good for you!

>> debt is handy when the economy is growing, under Socialism and Obama
>> there will be ZERO GROWTH.

> ..... It'a the massive INCREASE of the debts that, with that newly borrowed money, permits more spending and therefore the growth of the economy.

>> The growth in the Government

> ..... Governments are supposed to grow and spend a lot more during a recession, but to go back to a minimum as soon as the recession has ended.
>> and the inflation
> ..... Inflation results in the devaluation of the currency, which in turm makes all prices go up and incomes go up - but in numbers only; compare with an auction, when people very happily buy overprised items. And then the unions require, and get, higher wages/salaries which increases prices which later makes the unions ask for even more again and again. Up and up it goes.

>> will consume all the GDP

> ..... The GDP is a statistic, not a food, nor something else that is consumed!

>> you will lose money when you borrow.

> ..... Debts, ANY debts, will, and did, take money from you!

> < In good time of Good GDP you "out pace" inflation and what you borrow can
>> then increase in value.

> ..... In inflatinary times ALL the numbers go up; the GDP is a measure of total spending per unit of time and therefore its numbers alao go up as a result of any inflation.

>> The economy has been and is still STAGNANT and we see growing inflation....

> ..... Inflation is usually very low during a STAGNANT economy. Incresing inflation is a sign of an improving(?), or even a coming "overheated" economy.

>> I'm NOT and apparently most businesses won't borrow money amidst StagFlation.

> ..... Because interest rates are very low then, that's the right time to borrow with locked-in interest rates. Then, with that borrowed money, the total spending per unit time is increased which will prop up the economy and the (delayed) GDP numbers will then go up to indicate this.
>
with no growth.... where will you use that loan in a way that it will
make enough money to pay for the cost?


No reason other than to consume is there.....