[e-gold-list] problems with hyperinflation

[Jim Davidson]

Dear Adam,

Adam Selene wrote:
> >
>> >> Something I've never understood about hyperinflation is why anyone
>> >> accepts the money at all.  In a country like Zimbabwe, there are laws
>> >> stopping people using foreign currency, or presumably e-gold.  I'm
>> >> surprised, though, that people don't just end up bartering.

No, Adam, that's not the problem with hyperinflation. The problem with
hyperinflation is that the government exterminates people who do not
obey the "law of the maximum" and who attempt to accept gold and silver
coins instead of government fiat crap.

Anyone on this list who has not read Andrew Dickson White's short book
on _Fiat Money Inflation in France_ about the evil, vicious, hateful,
socialistic French nationalist socialist assembly and nationalist
directorate massacring shop keepers who dared to accept gold or silver
coins, even though doing so meant the continued starvation of the
people in French cities such as Paris, ought to do so.  And anyone who
has read it and doesn't understand that the problem of hyperinflation
is created by, caused by, bad government, ought to be ashamed.  And be
assigned even more homework for an act of contrition.

The reality is that the ideal of fiat money is a fundamental state
worship point of dogma.  You cannot have an omnipotent state without
fiat money.  And, once a country consents to or is forced to accept
the ideal of an omnipotent state, it does not matter if the current
batch of vicious thugs happens to choose to exterminate shopkeepers,
innovators, and dissenter.  It ceases to be a question of if and
becomes a question of time.

Americans, of course, have to come to grips with the fact that, with
or without their assent, their government is now totalitarian,
authoritarian, fascist, all-powerful in ambition, and determined
to eliminate any of them who oppose its central control.  The
judge in e-gold's case is merely symptomatic of the overall trend.

The recent "judgement" if one may be exceedingly loose with that term
that the laws regarding money transmitting require a license, in
spite of the facts of the e-gold case which show that the licensing
agency repeatedly refused to grant such a license, is part of the
overall asinine behavior that arises from state worship.  Having
made an idol of paper - endless laws and regulations that defy
understanding, let alone the possibility of obedience, combined with
an icon of a super-powerful state managed by an elite of scientific
socialist scum and whose rulings are enforced by black uniformed,
anonymously masked demons, or "SWAT" teams to swat anyone who gets
out of line, the state worshiper is bathing in blood.

The blood may not seem to touch them, but it is blood they drink,
it is blood they eat, it is blood they bathe in, it is the blood
of others who makes possible the centrally planned, centrally
managed, centrally controlled state.  And it is the state which
mandates the substitution of paper nothings for real money, to
further entrench its control, to further establish the butchering
of individual liberty, private property, and the lives of those
who value such things.

Make no mistake about it, the socialists want total control,
total subversion of the truth to state-issued propaganda, and
total power over life and death.  Socialists are evil.  And,
by their nature, they may be opposed directly with defensive
force, or they will continue to work their insidious evil.

The nationalist socialist government of Zimbabwe cannot survive
if it cannot pay its military.  It cannot pay its military with
anything other than the worthless paper it prints.  Having
accepted pay in scrip, the military must enforce the fiat money
laws, paying shopkeepers for food and landlords for shelter with
it, and killing them if they won't accept it in payment.

Fiat money takes away choices.  Barter happens anyway, but a
wise person won't barter much.  He'll keep what he has for
the prospect of better times in the future, and only trade what
he must.

Socialists, of course, love the whole idea of exterminating the
entire population of Zimbabwe for the sake of keeping its
leaders in power.  So, the socialist government of Great Britain
won't take any role in removing these scum from power.  The
socialist government of neighboring South Africa won't act
against Zimbabwe.  And the socialists who dominate the UN and
the EU and the USA won't, either.  After all, how would it be
if they suddenly came down on the side of individual liberty,
private property, and free markets for Zimbabwe? They'd look
completely absurd, given how many people in their own countries
socialists are willing to exterminate for the sake of the state
ownership of and regulation of everything.

Regards,

Jim
 http://indomitus.net/



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