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The introduction of Price controls on foods, goods and services may become essential as this cost-of-living crisis develops. We would be fools to rule out rationing becoming necessary too

February 8, 2022 Leave a comment

Yes, it does feel a bit like being the voice of doom and gloom as I write and produce videos about all the things that are going on and talk about what we can realistically expect as being likely to happen next.

The point is, that if someone like me can see what is happening and what is likely to happen next, the people we have elected as MPs have absolutely no excuse not to do so too.

In fact, our public representatives should be well ahead of the curve in both their horizon scanning and thinking than most.

Regrettably, they are not.

To be fair, the complexity of the growing problems and how each and every one of them interacts with the others is mind bogglingly scary to say the least.

Yet it is the culture of ‘let’s always take the easy option’ that exists, top to bottom within the British Political System, that has made the difficulties that are only just starting for us, significantly worse.

There are many people in this Country today who cannot afford to feed themselves, home themselves, clothe themselves, transport themselves or function normally in any way on the wages or income they have, without debt or benefits – or what is really a subsidy from the Government and therefore everyone else in some way.

Prices of the foods, goods and services that provide the basic essentials for life are spiraling out of control. Living at the standard we are experiencing even today, will soon become unaffordable for most.

Yet the complexities I mentioned above, all come back to just one thing: That the economic system we have today has been developed to benefit the self-interests of the few. That those driving it have continued to push prices up in the pursuit of ever-growing profits for as long as our stupid politicians have printed money and kept handing it out. When instead good politicians would have faced up to reality and dealt with the problems for wider society that have been caused by that same greedy few.

The Covid Pandemic has caused stupid politicians and greedy business and financial leaders to overplay their hand.

In fact, the inflationary spiral they have created together is now out of reach of any form of control they possess. Indeed, the only actions our weak-minded politicians have to address the issues are only serving to make the whole problem worse.

Events, or a coming chronology of them – which will have been caused by so many different profit-driven people with influence behaving in the same way, will combine to make basic food unaffordable where it is available. It will be absent from the supermarket and shop shelves where it would otherwise be not.

Food riots, as the system collapses and the old order makes way for a new one that will work for all will settle the mind of many. Especially the politicians that we have for the time that their waning power remains.

Greed, hoarding and any kind of self-driven prioritisation will have to go out of the window.

That will mean supermarket rationing as we experienced during the early Lockdowns. There will be an immediate need for Government to step in and fix prices along the entire food and essential goods supply chain, so that nobody can use this time of crisis to profit off the backs of us all.

Some of the more economically minded will baulk at the idea of any kind of price fixing, price regulation or price controls, because of its non-capitalist and non-market-friendly nature.

But the reality is that the epoch of easy money and making massive profits by exploiting the many to benefit the already bloated few, is now reaching its end.

A new system will emerge that will be fair to all. But it will not resemble anything that we’ve seen or experienced before.

As we walk the pathway to get there, it will be necessary to ensure that what we still have available – which will plenty for all of us without the influence or intervention of ongoing greed – will be made available fairly to all.

Money as we know it is likely to become only one of many different ways to make payment as change takes place. And it is therefore just as likely that rationing of the essentials that are available will also be necessary for everyone.

The times ahead may prove to be painful. But it’s the future which is possible for everyone once the change has been completed that we should look forward to.

The opportunities for a fair and just way of living, where everyone and everything matters are not just a pipe dream. They really exist and are there for us all.

After the pain, we have much happier times in store.

The future is bright for digital finance, but today’s Crypto Currencies are as worthless as the FIAT money system they intend to replace. Money must find its place and function without misplaced belief:

January 19, 2022 1 comment

Whilst my interests, writing and commentary in the public sphere appear overtly political, I recognised long ago that every part of life feeds into the cauldron of politics. It’s what the more academic amongst us would colloquially call political economy.

Within a highly febrile environment that increasingly makes less and less logical sense, it makes sense to keep an eye on financial and economic commentary online amongst the channels where real news is still available. It is here that the utterly bizarre nature and the cold-hard reality underpinning trends which are affecting the UK and the whole world, seem to have completely escaped public consciousness and any form of collective rational concern.

We are experiencing a period of history where there are so many elephants in the room, it seems incredible that society hasn’t already been completely flattened by the now trampling herd.

That isn’t to say that a travesty of great magnitude isn’t on its way.

Amongst the dangers that 50 years of FIAT Money, its impact upon financial dealing, the markets, normal life and the Bitcoin-driven rise in cryptocurrencies that were supposedly created to counter it is where much of the coming chaos is likely to begin.

Money isn’t real. Money isn’t a thing. But the belief that we have been conditioned to have in it and the obsession we have with material wealth and the way our lives and status can now be measured by it all to facilitate profiteering and greed certainly perpetrates the myth that it really is.

Money is valueless. It began as a unit or practical means of exchange and up until 1971 when money was de-linked with the value of gold, it at least had a form of tangible value attached to it. Even if that tangible value was based on collective mutual trust to the existence of a precious metal in remote form that we all knew as The Gold Standard.

Creating a situation where that assumed trust in there being real value underpinning the transactional notes and coins in circulation was manipulated to allow people believe that every penny that they have in their pocket or bank accounts has a measurable value. However, in practice it has now been over half a century since it was any such thing.

A FIAT or ‘created’ Money system was always going to be open to abuse, once those ‘on the inside’ had figured out how to get any rules and regulations. Over five decades they have consistently influenced legislator change so that they could effectively create more money and malevolently creative systems to generate more of it whenever they liked. The Great Financial Crisis (GFC) of 2008 was just a taste of what is to come and was only perceived as not being worse than it was because Governments created money for the banks and therefore massive public debts for us that there has been a mysterious mainstream lack of will to talk about.

As this perverse system has increased a cultural belief that money is a real thing, with the perception that it is inherently more important than the product, service, employment or output that generated it, a process of addictive gambling has increasingly taken place. Finance houses, markets and central governments too have effectively created more and more money without that money itself having any practical (or logical) link to gold, products, services, employment or anything else. It has created a growing disparity between what people who have bought into the idea believe to be real and what actually exists. In terms of value, people literally don’t know or understand what is real anymore.

It is a system where the rich get richer and the poor get poorer simply because the rich get more and more of the money as it increases in circulation, whilst the money that the poor have loses value against the goods, services and property that have explosively inflated prices that continually remain easily affordable to the rich.

Whilst it doesn’t fit the narrative of the establishment, big business or the financial sector for everyone to understand that money is created as they see fit and that debt is effectively just a means to enslave the unknowing poor, those responsible have used the publics unwitting trust of historically revered occupations to engage in what beyond the safety of the rules they have created for themselves would be recognisable as criminal acts

No one openly talks about any of this, and the mainstream media leave the subject well and truly alone. The truth of what they have and what they are doing sits conveniently hidden in plain sight and anyone who questions it likely to be cast aside and awarded a tin foil hat as they are unceremoniously thrown back into the masses of the great unknowing.

Yet there are increasing numbers of very intelligent, often highly educated but nonetheless ethical people who are becoming aware of the mechanics of how the travesty of what we call money actually now works.

Indeed, it was one such person who saw the value in creating a finite or limited amount of a currency that sits outside of the influence of arguably corrupt central governments, big business and the financial sector. It was this whole sorry story that brought Crypto or Digital currencies into being primarily as Bitcoin and now in different guises that are growing in number daily.

On the face of it, the blockchain technology that underpins crypto effectively means that even the smallest fraction or percentage of one crypto coin or equivalent unit has or can have a unique identification. It appears to give tangibility or reality to cryptocurrencies that money in the FIAT system doesn’t currently have.

Such coding means that if all money were to be in circulation in that same digital form and no other, every coin or part of it could be traced, located and tracked at any moment in time. It is for this reason that our increasingly technocratic and tyrannical governments and the greedy big businesses that influence them are desperate to digitise central currencies and push all of the privately generated versions as we know them aside.

The flaw in the thinking, whether it be a private, untied crypto or a digital central currency run by the government instead, is that blockchain technology gives genuine value to this ‘money’ right down to the most microscopic level.

The reality is that blockchain, like money is neither real nor a thing. No matter how clever, these blockchain derived digital currencies are no more than a reference tool, a label, a system of measurement and like money intrinsically before it, it is no more than a unit of exchange

Tragically the value of both money and crypto today is still based on the same giant myth or a massively overvalued shared belief.

At some point – perhaps within the 12 months from the time of writing, a financial collapse will take place affecting everything that FIAT money has touched or relates to. Money, nor any other form of currency based on nothing other than thin air will continue to exist and the correction that follows as everything in life returns to its unmanipulated value will be a process most painful for those who have made their life revolve around money and material wealth, when they could and should have exercised more considerate concerns.

It sounds very doomsdayish I know. But many of those who lurk daily within the finance and economic bubbles and play or rather bet on the markets know that those with power and influence have now created far too much money – relative to all the goods and output that genuinely exists. Indeed, the patterns and behaviours associated with everything to do with money, how it is made and how it is managed are following little in terms of any kind of logic. They more savvy amongst them know that the figures and data that is available foretells a cataclysmic change.

In terms of corrections, the pendulum is about to swing wildly the other way from where it has been held for a very long time.

The real value of goods, property and output will be realised as it becomes set against the wild speculation and explosive inflation that printing money has allowed.

We are likely to find that money or new forms of digital currency will go right back to their basic function. One that allows what is in effect multiple-transaction bartering of all the things that are necessary for life such as labour, basic food and the things that we genuinely need to live, so that money becomes purely functionary again, rather than being revered as some perverse value store.

It will serve no legitimate purpose for only one form of currency to exist. All forms of currency will become very localised with perhaps umbrella versions that do link to government to allow the payment of taxes and facilitate travel and the movement of goods between different areas.

The reason this doesn’t make sense today is because it is in the interest of those with influence for it not to do so. Yet tomorrow might be the beginning of a new day for us all when it most certainly will.

It is events now that will decide.

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