From the archive. I wrote this article in protest to the imposition of austerity after the 2008 crash that the oligarchs are imposing again today due to new messes they've made.
I don't fully agree with his prescription. In my view every American should get say $100 K. But before they see a dime of the money all outstanding debts -- student debt, credit card debt, student debt -- would have to come off the top. This would give the people some deserved relief. But it gets sticky. Do you give a newborn $100 K?
In any case this is really just a stop gap measure. In the long run we really need a sane economic system that lifts all boats. And the government and the Fed has already debased the value of our money: a dollar in 1913 is now worth about 3 cents. The endless printing of money is not a long term solution. A fiat currency imposes many dangers.
The sad reality is that our global oligarchs are pushing for a Great Reset where you will own nothing. You won't be happy. You will eventually become nothing but a slave on a global plantation. And with a global digital currency you will be censored, coerced (e.g., get a mRNA injection) and if you don't play along access to your digital money could be cut off.
So beyond a Jubilee -- very unlikely to materialize -- we need to get off our butts and oppose this Great Reset on every level. All day long I see people bitching about the Great Reset. What I don't see is what is most required: action. The hour glass is nearly empty as our Global Oligarchs silently push us toward enslavement under a digital currency. The back end of this system -- FedNow -- is already being implemented. The other shoe falls when Biden, or some other psychopath, announces that you have a month to convert all your cash to a digital currency.
Many of my readers have asked me "what can we do to stop the globalist agenda." Most don't have the time or money to travel to protests in DC or to attend City Council meetings and I do get that. But if you are residing in a home one thing you can do is to put up a lawn sign in order to raise awareness. And it won't cost much over $20 to have the sign, that I designed, sent right to your home. This sign only addresses the more important issues of what I call the "Put People First" Anti-globalist agenda. And none of the issues raised are likely to generate backlash from your neighbors. And if you like, you can create your own sign to fit whatever preferences you may have. In any case the Globalist Agenda will not be stopped without our collective efforts and putting up a lawn sign is possibly the cheapest most effect thing you can do. So please, do it. By the way I make no money from this.
How to order a yard sign to protest the Globalist Agenda for just over $20
Great essay.
I first learned about the concept of a Jubilee from Michael Hudson a few decades ago.
https://www.nakedcapitalism.com/2020/03/michael-hudson-a-debt-jubilee-is-the-only-way-to-avoid-a-depression.html
I don't fully agree with his prescription. In my view every American should get say $100 K. But before they see a dime of the money all outstanding debts -- student debt, credit card debt, student debt -- would have to come off the top. This would give the people some deserved relief. But it gets sticky. Do you give a newborn $100 K?
In any case this is really just a stop gap measure. In the long run we really need a sane economic system that lifts all boats. And the government and the Fed has already debased the value of our money: a dollar in 1913 is now worth about 3 cents. The endless printing of money is not a long term solution. A fiat currency imposes many dangers.
The sad reality is that our global oligarchs are pushing for a Great Reset where you will own nothing. You won't be happy. You will eventually become nothing but a slave on a global plantation. And with a global digital currency you will be censored, coerced (e.g., get a mRNA injection) and if you don't play along access to your digital money could be cut off.
So beyond a Jubilee -- very unlikely to materialize -- we need to get off our butts and oppose this Great Reset on every level. All day long I see people bitching about the Great Reset. What I don't see is what is most required: action. The hour glass is nearly empty as our Global Oligarchs silently push us toward enslavement under a digital currency. The back end of this system -- FedNow -- is already being implemented. The other shoe falls when Biden, or some other psychopath, announces that you have a month to convert all your cash to a digital currency.
Many of my readers have asked me "what can we do to stop the globalist agenda." Most don't have the time or money to travel to protests in DC or to attend City Council meetings and I do get that. But if you are residing in a home one thing you can do is to put up a lawn sign in order to raise awareness. And it won't cost much over $20 to have the sign, that I designed, sent right to your home. This sign only addresses the more important issues of what I call the "Put People First" Anti-globalist agenda. And none of the issues raised are likely to generate backlash from your neighbors. And if you like, you can create your own sign to fit whatever preferences you may have. In any case the Globalist Agenda will not be stopped without our collective efforts and putting up a lawn sign is possibly the cheapest most effect thing you can do. So please, do it. By the way I make no money from this.
How to order a yard sign to protest the Globalist Agenda for just over $20
Just say No to Biden's Globalist Agenda
https://brucecain.substack.com/p/how-to-order-a-yard-sign-to-protest