{"id":37221,"date":"2018-09-01T09:53:30","date_gmt":"2018-09-01T14:53:30","guid":{"rendered":"http:\/\/olduvai.ca\/?p=37221"},"modified":"2018-09-01T09:53:30","modified_gmt":"2018-09-01T14:53:30","slug":"the-degrading-facts-of-a-fake-money-hole-in-the-head","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=37221","title":{"rendered":"The Degrading Facts of a Fake Money Hole in the Head"},"content":{"rendered":"
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The Degrading Facts of a Fake Money Hole in the Head<\/a><\/h3>\n

Squishy Fact Finding Mission<\/strong><\/p>\n

Today we begin with the facts.\u00a0 But not just the facts; the facts of the facts.\u00a0 We want to better understand just what it is that is provoking today\u2019s ludicrous world. To clarify, we are not after the cold hard facts; those with no opinions, like the commutative property of addition.\u00a0Rather, we are after the warm squishy facts; the type of facts that depend on what the meaning of \u2018is\u2019 is.<\/p>\n

\"\"Fact-related pleas\u2026 [PT]<\/p>\n

The facts, as far as we can tell, are that we are presently living in a land of extreme confusion.\u00a0 The genesis of this extreme confusion is today\u2019s fake money system.\u00a0 And the destructive effects of this fake money system have spread out like a virus into nearly all aspects of daily life.<\/p>\n

Plain and simple, central bank fiat money creation, multiplied by commercial banks through fractional-reserve banking, propagates financial and economic chaos.\u00a0 The experience of long periods of money supply expansion punctuated by abrupt, episodic contractions, has the effect of whipsawing the working stiff\u2019s efforts to get ahead.\u00a0This trifecta of offenses has debased the rewards of hard work, saving money, and paying one\u2019s way.<\/p>\n

Quite frankly, these facts are insulting.\u00a0In particular, they are insulting for those running in the rat race for their family\u2019s daily bread.\u00a0These facts are also insulting for retirees, who worked for four decades only to have their life savings extracted by the depredations of the fake money system.<\/p>\n

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\"\"Early rat race conditioning [PT]<\/p>\n

Short-Sighted Decisions<\/strong><\/p>\n

The facts are that on August 15, 1971, Tricky Dick Nixon stiffed the world unconditionally.\u00a0 He defaulted on the Bretton Woods system, and terminated the agreement that allowed member nations to redeem their paper dollars, acquired through trade, for gold.\u00a0 But that\u2019s not the half of it\u2026<\/p>\n

\u2026click on the above link to read the rest of the article\u2026<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

The Degrading Facts of a Fake Money Hole in the Head Squishy Fact Finding Mission Today we begin with the facts.\u00a0 But not just the facts; the facts of the facts.\u00a0 We want to better understand just what it is that is provoking today\u2019s ludicrous world. To clarify, we are not after the cold hard […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[5728,936,1648,20952,3918,1708,374,11763,2069,536,3731,2741,21468,4219],"class_list":["post-37221","post","type-post","status-publish","format-standard","hentry","category-economics","tag-acting-man","tag-bretton-woods","tag-facts","tag-fake-money","tag-fiat-money","tag-fractional-reserve-banking","tag-gold","tag-mn-gordon","tag-monetary-system","tag-money","tag-money-creation","tag-opinion","tag-paper-dollars","tag-richard-nixon"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/37221","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=37221"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/37221\/revisions"}],"predecessor-version":[{"id":37222,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/37221\/revisions\/37222"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=37221"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=37221"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=37221"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}