Topic: Economic Totalitarianism - page 43. (Read 345758 times)

Plus, - and probably this is one of the main reasons banks move away from cash to electronic money - the governments press policies to use electronic money to implement a more intense tax regime. There were already high level government meetings here in Europe, in Denmark and the UK to discuss an EU wide electronic money system. This is very much what Armstrong suggests: governments will have nowhere to turn but taxation and with electronic money the taxation will be more effective.

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suda123 wrote:

"Look at all the banks closing down, the Citibank where I live just closed down months ago. Holy crap"

Many of the mega-banks are shutting down underperforming branches.  That in itself is not a new story.

But, handling CA$H is an expense for banks (especially low value coins).  Since the banks are cutting costs, yes, an electronic currency would keep those cash handling costs down.*


* An electronic currency might make banks unnecessary though...

when do you think they will install negative interest rates, until they force everyone to go mobile right?

Look at all the banks closing down, the Citibank where I live just closed down months ago. Holy crap

http://reneweconomy.com.au/2015/nsw-networks-canvass-solar-tax-for-households-as-well-as-storage-and-evs-79150

savings are important because it is what allows fractional reserves.

but then economic totalitarianism implies your savings are belong to *us*.

ergo war on cash, which is still a way to evade taxes and allows basic untraceable monetary freedom.

sp imho, no way out. final curtain. shop's closing. everybody understands the dollar is finished. the fed's rates havent rise since 2008, and they are stuck at around 0%, until negative rates? lel..

game is over, we are just playing the additional time until people revolts, or traders panic.

bitcoin should hold strong tho, despite the politics and mainstreameries surrounding it.

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Poppy & Quinn

Welcome!

My take is that "Economic Totalitarianism" is almost always uniformly bad.  This amounts to government (in collusion with banksters) making decisions about money that is not theirs!  When they decide things in their own interests, and not in the interests of owners of their own capital, it usually works out poorly.

The only exception I can think of off-hand would be Lee Kuan Yew (Singapore), but he was more of a political Boss.


Confusion, Quinn, is less of a problem for me than others making decisions about what I can (or cannot) do with my own money (and future). 

For example, it is clear that interest rates are being held down artificially, this amounts to a War on Savers.  Savings are important because they are the main source of INVESTMENT.

Woe for the citizens in a country exercising economic totalitarianism.  Their government controls their lives.

A country employing economic totalitarianism would actually be good for a country.  Even though the people have no economic freedom, but at east there would be no confusion.

http://motherboard.vice.com/en_ca/read/heres-why-cybersecurity-experts-want-open-source-routers

http://abc.net.au/news/2015-10-20/facebook-to-warn-users-of-government-hack/6868158

http://www.dailymail.co.uk/news/article-3277229/German-mayoral-candidate-stabbed-neck-targeted-support-refugees.html

LoL sounds good fun, not to mention saving money on real red wines. I hear very nice things about your project and its potential so it's definitely time to check it out.  I will check out the development thread how to use the API and get my head around how the virtual life works there. I am getting upset from this totalitarian real world, so it is maybe a good idea to move to your virtual universe :-))))

We have a matching engine (exchange) for ingame stuff. About 2000 items are listed, and perhaps 100-200 are having some trades in them. It is possible to have "depository shares" (covered or naked) which mimic the performance of outside world items (we have those for XMR and BTC at present).

Spread betting is easy to implement via API as a 3rd party service as are options and binary options.

Because the game is completely imaginary, you also get healthy by drinking a lot of alcohol and wise by smoking.

It's time then for us to move to Crypto Kingdom. Sounds a better place :-)) I am so busy with all kind of stuff that I could never check out your Crypto Kingdom rpietila, but I will. Do you have stock market, spread betting, options, etc. in the Crypto Kingdom virtual economy?
 

It is even the same tribe, and it is part of the same plan. 

Funnily enough, Crypto Kingdom has tongue-in-cheek Royal monopolies and all kinds of seemingly unfree stuff, yet imho all-considered it is a freer economy than either the corporatism or communism that the outside world has to offer..

Medical Totalitarianism starts with poisoning the population with low quality processed food, saturated fat, corn syrup (which is virtually in all processed food), sugar and hydrogenated oils. The sockpuppets of large food corporations are in the FDA and European food agencies to make sure the market hegemony of processed food (and of course its manufacturers). In the meantime obesity, diabetes and heart diseases, the direct result of such food is at record high level and it is getting higher and higher. And then, as the solution, large pharmaceuticals (who by the way control the health care agencies, government departments and medical science and research) provide the medicine for health services, for instance in the UK in the scale of tenths of billions of GBP. To cure obesity, diabetes. high cholesterol and heart diseases. Everyone is happy. The food companies make so much money by selling the crap, the pharmaceuticals even make more by sorting out the problems caused by the processed food. And slowly the obese, unhealthy population will be the new norm in the UK for instance.

For many reasons, mainly they are ideological reasons as well as that the bolshevik criminals took all my family's wealth a very long time ago, I could never support with my vote a socialist program, but I am getting fed up from this so called free market as well. How the food corporations and pharmaceuticals captured the free market, control government departments and poison the population have nothing to do with free market capitalism. In fact they are not different at all from the bolshevik totalitarian revolutionists and Marxist criminals.
  

http://thefreethoughtproject.com/u-s-government-cage-liking/

A country whose economy is based on totalitarianism would not create harmony among the people.  Soon the citizens of that country will wage a war against its own government for taking over every aspect of their lives.

A  country whose economy is based wholly on totalitarianism means the citizens are stripped of their freedom.  The government will have full control of the lives of its citizens.

I think an economy based on totalitarianism would do a country well.  There would be less crime this way since there is only one rule to follow, the rule of the government.

Remember what ever power you ascribe to the government by enacted law or by omission from law (e.g. Constitutional boundaries), can and will eventually be used against you.

I urge that personal health remain personal liberty even for convicted criminals.

Forced medication is very evil. I did not become a fan of it when I was there (even though most are said to accept the procedure afterwards). Perhaps the reason is that I was political, and not an actual nutcase. Prison-like institutions throughout history (see even Bible) have the inner subdivision to criminals and political prisoners, although criminals started to be storaged in larger quantities only starting about 100 years ago. Politicals have always been quarantined, since the legitimacy in the eyes of the public (to just kill the political prisoners like convicted criminals), is often not there.

Nevertheless, fear not him who can destroy the body (Satan, and government by extension). Fear him who can throw both body and soul to hell for eternity (God).

Even if they force feed me or some of us such that he never regains the clarity (I have heard that Armstrong was chemically mind-altered to be the man he now is, from being much more like what I currently am, before his 7 year prison term), it is good to understand no permanent damage is done. Human body is a receiver, tuned to express the soul (information "in the cloud" in modern terms). If someone is under such treatment that his body and/or soul (the receiver, the human part "soul") don't work, it is just the same that your browser is so infested with malware that it hardly works (which does not mean that the Internet disappears although it temporarily becomes difficult to use). Even death is just a crash of your computer, when it is restarted, everything works again.

So fear not, little flock.