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	<title>Comments on: Capitalism was designed for outsiders</title>
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		<title>By: Sam J.</title>
		<link>https://www.isegoria.net/2020/12/capitalism-was-designed-for-outsiders/comment-page-1/#comment-3326496</link>
		<dc:creator>Sam J.</dc:creator>
		<pubDate>Wed, 06 Jan 2021 12:54:03 +0000</pubDate>
		<guid isPermaLink="false">https://www.isegoria.net/?p=47360#comment-3326496</guid>
		<description><![CDATA[&quot;...“The problem arises when the dastardly Political Class steps in the middle of this free exchange and takes from Peter (giving him nothing) and gives to Paul.”...&quot;

That didn&#039;t happen in Germany when Hitler kicked the Jews out of the banks.(Understand that I&#039;m NOT a total fan of Hitler but I appreciate a lot of the things he did in the sense of Nationalism). And notice, I MEAN REALLY NOTICE, that the Jews totally own the political class so Jews blaming the political class is by default blaming themselves.

&quot;...What if it is you who fail to understand money?

“Money is simply expedited bartering — and ultimately rests on the ability of an economy to produce goods &amp; services to be bartered.”

What if your basic model of economic reality is wrong?...&quot;

What I do understand is that one class of people,[led almost totally by Jews per capita], have obtained over $40 trillion of loans at essentially zero interest and have bought all the productive businesses in the US and west with it. They have used this ownership to stress the workers to the max to pay off the loans, stolen their pension funds, driven many bankrupt and used wage arbitrage to off shore manufacturing, bribed our politicians, possibly(we&#039;ll see today) stolen the elections, funded antifa and BLM to burn down our cities, attack and kill whites, and many more things to awful to mention.

Now Jim, if I&#039;m correct on who this is, is a Jew and will spout nonsense until his ears bleed because, well that&#039;s just what Jews do. Jews can not tell the truth about what is going on in this country and what they are doing less they be torn to pieces. My only reason for answering is I want people to see how he is willing to go to any lengths to gas-light everyone. Let you see it for yourself. Use simple logical reasoning and tell me do I or  I do not have a case that the financial class is ripping us off. Forget all the multitude of gas-lighting diversions that will be propped up. This is just to confuse you. The real case is &quot;where is our $40 trillion dollar zero interest loans&quot;? It&#039;s a damn fair amount of money and while you can argue inflation if every citizen had this instead of a small select group of people who are looting the country then no matter what, inflation or not, I think a tremendously good case could be made that they would be far better off. Almost certainly. Anyone who says otherwise is dumb as a brick or lying to you.

&quot;...“I’ll tell you what I would do. Tax the living daylights out of the financial class.”

Why do you need to fax the financial class? Won’t that just entrench their position?...&quot;

The reason to PERSONALLY tax them is to make it unprofitable for them to do as they do. The details could be worked out. There&#039;s a guy who ran for President when Trump won. This guy invented Mortgage Backed Securities but his actually worked because he made sure it was a broad based legitimate loans. As soon as Jews got a hold of this idea they of course corrupted it as they do everything. It was a good idea and good for the economy and finance before the Jews destroyed it. Read his stuff he has some interesting ideas.

https://web.archive.org/web/20160126102250/http://www.scottsmith2016.com/#scott-smith-home-1


&quot;...Where did they get their money, anyway?

How?...&quot;

The FED. The are insiders and are ripping us off.


&quot;...Jim, it is difficult to tell from your writing style if you are enlightened, misinformed, or merely a bored teenager playing with the question mark on his mother’s keyboard...&quot;

He&#039;s Jewish. A vast amount, not all, but a vast amount of Jews spend enormous amounts of time reciting lies and nonsense to discombobulate the truth. They do not want you to know the truth as that would be deadly to them because...they are parasites who have been thrown out of every single country they have ever been to in any numbers for thousands of years. Now they will tell you it&#039;s all someone else&#039;s fault but if someone had been thrown out of say, bars and they had been expelled from 1,030 different bars would you believe it&#039;s the bars that they went to fault???? Hell no you wouldn&#039;t and it&#039;s the same for them.

https://lordmolyneaux.wordpress.com/2018/05/02/complete-list-of-jewish-expulsions-908/

Mostly I answer these foolish missives of the Jews so that people will see what they are up to. Realize that everything you have read your whole life. all the TV shows, the radio shows, the magazines, all the textbooks and on and on have mostly been edited by these people who are filling you with nonsense and you will see the enormity of the problem.]]></description>
		<content:encoded><![CDATA[<p>&#8220;&#8230;“The problem arises when the dastardly Political Class steps in the middle of this free exchange and takes from Peter (giving him nothing) and gives to Paul.”&#8230;&#8221;</p>
<p>That didn&#8217;t happen in Germany when Hitler kicked the Jews out of the banks.(Understand that I&#8217;m NOT a total fan of Hitler but I appreciate a lot of the things he did in the sense of Nationalism). And notice, I MEAN REALLY NOTICE, that the Jews totally own the political class so Jews blaming the political class is by default blaming themselves.</p>
<p>&#8220;&#8230;What if it is you who fail to understand money?</p>
<p>“Money is simply expedited bartering — and ultimately rests on the ability of an economy to produce goods &amp; services to be bartered.”</p>
<p>What if your basic model of economic reality is wrong?&#8230;&#8221;</p>
<p>What I do understand is that one class of people,[led almost totally by Jews per capita], have obtained over $40 trillion of loans at essentially zero interest and have bought all the productive businesses in the US and west with it. They have used this ownership to stress the workers to the max to pay off the loans, stolen their pension funds, driven many bankrupt and used wage arbitrage to off shore manufacturing, bribed our politicians, possibly(we&#8217;ll see today) stolen the elections, funded antifa and BLM to burn down our cities, attack and kill whites, and many more things to awful to mention.</p>
<p>Now Jim, if I&#8217;m correct on who this is, is a Jew and will spout nonsense until his ears bleed because, well that&#8217;s just what Jews do. Jews can not tell the truth about what is going on in this country and what they are doing less they be torn to pieces. My only reason for answering is I want people to see how he is willing to go to any lengths to gas-light everyone. Let you see it for yourself. Use simple logical reasoning and tell me do I or  I do not have a case that the financial class is ripping us off. Forget all the multitude of gas-lighting diversions that will be propped up. This is just to confuse you. The real case is &#8220;where is our $40 trillion dollar zero interest loans&#8221;? It&#8217;s a damn fair amount of money and while you can argue inflation if every citizen had this instead of a small select group of people who are looting the country then no matter what, inflation or not, I think a tremendously good case could be made that they would be far better off. Almost certainly. Anyone who says otherwise is dumb as a brick or lying to you.</p>
<p>&#8220;&#8230;“I’ll tell you what I would do. Tax the living daylights out of the financial class.”</p>
<p>Why do you need to fax the financial class? Won’t that just entrench their position?&#8230;&#8221;</p>
<p>The reason to PERSONALLY tax them is to make it unprofitable for them to do as they do. The details could be worked out. There&#8217;s a guy who ran for President when Trump won. This guy invented Mortgage Backed Securities but his actually worked because he made sure it was a broad based legitimate loans. As soon as Jews got a hold of this idea they of course corrupted it as they do everything. It was a good idea and good for the economy and finance before the Jews destroyed it. Read his stuff he has some interesting ideas.</p>
<p><a href="https://web.archive.org/web/20160126102250/http://www.scottsmith2016.com/#scott-smith-home-1" >https://web.archive.org/web/20160126102250/http://www.scottsmith2016.com/#scott-smith-home-1</a></p>
<p>&#8220;&#8230;Where did they get their money, anyway?</p>
<p>How?&#8230;&#8221;</p>
<p>The FED. The are insiders and are ripping us off.</p>
<p>&#8220;&#8230;Jim, it is difficult to tell from your writing style if you are enlightened, misinformed, or merely a bored teenager playing with the question mark on his mother’s keyboard&#8230;&#8221;</p>
<p>He&#8217;s Jewish. A vast amount, not all, but a vast amount of Jews spend enormous amounts of time reciting lies and nonsense to discombobulate the truth. They do not want you to know the truth as that would be deadly to them because&#8230;they are parasites who have been thrown out of every single country they have ever been to in any numbers for thousands of years. Now they will tell you it&#8217;s all someone else&#8217;s fault but if someone had been thrown out of say, bars and they had been expelled from 1,030 different bars would you believe it&#8217;s the bars that they went to fault???? Hell no you wouldn&#8217;t and it&#8217;s the same for them.</p>
<p><a href="https://lordmolyneaux.wordpress.com/2018/05/02/complete-list-of-jewish-expulsions-908/" >https://lordmolyneaux.wordpress.com/2018/05/02/complete-list-of-jewish-expulsions-908/</a></p>
<p>Mostly I answer these foolish missives of the Jews so that people will see what they are up to. Realize that everything you have read your whole life. all the TV shows, the radio shows, the magazines, all the textbooks and on and on have mostly been edited by these people who are filling you with nonsense and you will see the enormity of the problem.</p>
]]></content:encoded>
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		<title>By: Gavin Longmuir</title>
		<link>https://www.isegoria.net/2020/12/capitalism-was-designed-for-outsiders/comment-page-1/#comment-3325403</link>
		<dc:creator>Gavin Longmuir</dc:creator>
		<pubDate>Mon, 04 Jan 2021 18:00:39 +0000</pubDate>
		<guid isPermaLink="false">https://www.isegoria.net/?p=47360#comment-3325403</guid>
		<description><![CDATA[The poster who calls himself &quot;Jim&quot; wrote:  &lt;i&gt;&quot;What if it is you who fail to understand money?&quot;&lt;/i&gt;

Jim, it is difficult to tell from your writing style if you are enlightened, misinformed, or merely a bored teenager playing with the question mark on his mother&#039;s keyboard.

For now, let me take you seriously, Jim.  I am certainly willing to entertain the idea that I fail to understand money.  Please, Jim, inform &amp; educate me.]]></description>
		<content:encoded><![CDATA[<p>The poster who calls himself &#8220;Jim&#8221; wrote:  <i>&#8220;What if it is you who fail to understand money?&#8221;</i></p>
<p>Jim, it is difficult to tell from your writing style if you are enlightened, misinformed, or merely a bored teenager playing with the question mark on his mother&#8217;s keyboard.</p>
<p>For now, let me take you seriously, Jim.  I am certainly willing to entertain the idea that I fail to understand money.  Please, Jim, inform &amp; educate me.</p>
]]></content:encoded>
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		<title>By: Jim</title>
		<link>https://www.isegoria.net/2020/12/capitalism-was-designed-for-outsiders/comment-page-1/#comment-3325332</link>
		<dc:creator>Jim</dc:creator>
		<pubDate>Mon, 04 Jan 2021 15:05:59 +0000</pubDate>
		<guid isPermaLink="false">https://www.isegoria.net/?p=47360#comment-3325332</guid>
		<description><![CDATA[“Sam, printing money always causes inflation.”

Does it?

“Give money to the poor, and prices for food, fuel, and rent go up.”

Do they?

“Give money to the rich, and the prices of modern art, stocks, Bitcoin, and luxury real estate go up.”

What is money?

”Both policies are idiotic, but the latter does not immediately turn your country into Venezuela.”

For best results, be embargoed and cut off from world trade.]]></description>
		<content:encoded><![CDATA[<p>“Sam, printing money always causes inflation.”</p>
<p>Does it?</p>
<p>“Give money to the poor, and prices for food, fuel, and rent go up.”</p>
<p>Do they?</p>
<p>“Give money to the rich, and the prices of modern art, stocks, Bitcoin, and luxury real estate go up.”</p>
<p>What is money?</p>
<p>”Both policies are idiotic, but the latter does not immediately turn your country into Venezuela.”</p>
<p>For best results, be embargoed and cut off from world trade.</p>
]]></content:encoded>
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		<title>By: Jim</title>
		<link>https://www.isegoria.net/2020/12/capitalism-was-designed-for-outsiders/comment-page-1/#comment-3325328</link>
		<dc:creator>Jim</dc:creator>
		<pubDate>Mon, 04 Jan 2021 14:58:24 +0000</pubDate>
		<guid isPermaLink="false">https://www.isegoria.net/?p=47360#comment-3325328</guid>
		<description><![CDATA[“I’ll tell you what I would do. Tax the living daylights out of the financial class.”

Why do you need to fax the financial class? Won’t that just entrench their position? Where did they get their money, anyway?

How?]]></description>
		<content:encoded><![CDATA[<p>“I’ll tell you what I would do. Tax the living daylights out of the financial class.”</p>
<p>Why do you need to fax the financial class? Won’t that just entrench their position? Where did they get their money, anyway?</p>
<p>How?</p>
]]></content:encoded>
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		<title>By: Jim</title>
		<link>https://www.isegoria.net/2020/12/capitalism-was-designed-for-outsiders/comment-page-1/#comment-3325324</link>
		<dc:creator>Jim</dc:creator>
		<pubDate>Mon, 04 Jan 2021 14:55:15 +0000</pubDate>
		<guid isPermaLink="false">https://www.isegoria.net/?p=47360#comment-3325324</guid>
		<description><![CDATA[“The problem arises when the dastardly Political Class steps in the middle of this free exchange and takes from Peter (giving him nothing) and gives to Paul.”

Is this satire?

“That is right! And not just work, but produce some good or service for which other people are prepared to exchange the goods &amp; services they in turn produce.”

Most people work for corporations owned by other people and exchange their wages for things made by other corporations owned by other people.

“Part of the Political Class’s problem is that they fail to understand money. Traditionally, the line has been that money is both a means of exchange and a store of value. But reality is that money is a store of value only in the short term — within living memory, a cup of coffee was 10 cents and a hamburger was 25 cents.”

What if it is you who fail to understand money?

“Money is simply expedited bartering — and ultimately rests on the ability of an economy to produce goods &amp; services to be bartered.”

What if your basic model of economic reality is wrong?]]></description>
		<content:encoded><![CDATA[<p>“The problem arises when the dastardly Political Class steps in the middle of this free exchange and takes from Peter (giving him nothing) and gives to Paul.”</p>
<p>Is this satire?</p>
<p>“That is right! And not just work, but produce some good or service for which other people are prepared to exchange the goods &amp; services they in turn produce.”</p>
<p>Most people work for corporations owned by other people and exchange their wages for things made by other corporations owned by other people.</p>
<p>“Part of the Political Class’s problem is that they fail to understand money. Traditionally, the line has been that money is both a means of exchange and a store of value. But reality is that money is a store of value only in the short term — within living memory, a cup of coffee was 10 cents and a hamburger was 25 cents.”</p>
<p>What if it is you who fail to understand money?</p>
<p>“Money is simply expedited bartering — and ultimately rests on the ability of an economy to produce goods &amp; services to be bartered.”</p>
<p>What if your basic model of economic reality is wrong?</p>
]]></content:encoded>
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		<title>By: Sam J.</title>
		<link>https://www.isegoria.net/2020/12/capitalism-was-designed-for-outsiders/comment-page-1/#comment-3324923</link>
		<dc:creator>Sam J.</dc:creator>
		<pubDate>Sun, 03 Jan 2021 18:32:32 +0000</pubDate>
		<guid isPermaLink="false">https://www.isegoria.net/?p=47360#comment-3324923</guid>
		<description><![CDATA[Gavin Longmuir says,&quot;...It looks like Sam grasps part of this reality — the basis of a sustainable economy is PRODUCTION. That is why the Political Class’s outsourcing of actual production to China is destroying the US...&quot;

No I grasp all of it but note that if the bankers get free credit then the citizens should too. I particularly jump up and down about the outsourcing as the people doing this are the same damn bunch.

 Dave says,&quot;Sam, printing money always causes inflation. Give money to the poor, and prices for food, fuel, and rent go up...&quot;

The question is how much and who benefits. Inflation from giving subsistence level wages for free to the poor would have extremely low inflation as this covers food, housing, basic stuff. This they are already paying for. Many are already on welfare so it wouldn&#039;t change a thing. It would not change the number of people providing we don&#039;t import the masses which I&#039;m totally opposed to.

Making it profitable for the rich to buy up all the productive assets with free debt is positively horrible and is leading us into the dark ages. It&#039;s destroying the country.

You people pretend I&#039;m some sort of commie or insinuate that I&#039;m somehow wanting everything for free but that&#039;s a lie. It&#039;s just another straw man propped up that has nothing to do with what I&#039;m talking about so stop. I&#039;m not and I could care less how much money people make in productive enterprises where people provide goods and services.

I&#039;ll tell you what I would do. Tax the living daylights out of the financial class. Make a law that if you import finished goods none of the executives of any corporation could make over 20 times what the least paid employee makes. Including contracted out service employees. Let&#039;s bring our corporate leaders pay in line with the &quot;global&quot; mean. That would get their attention. Let them suffer the same pay degradation as their employees. Let the extra profits go to the shareholders instead of the corporate looters. 

It would not hurt the average little store owner as they could import goods small scale and still make a good wage.

I&#039;m incised about the Oligarch bankers and financial swindlers looting the country by printing money by the trainloads, buying up all the productive business and using this monopoly to destroy us and outsource our productive capacity.

&quot;...Give money to the poor...immediately turn your country into Venezuela...&quot;

You can not prove this and do not have the data to back this up. Venezuela has one large commodity and it&#039;s ability to export it was cut off. All the capital equipment needed to run it or expand it was cut off. It&#039;s productive assets not in the country were seized. It&#039;s ability to raise or even move capital was cut off and several coups were attempted against the government. Equating it and a relatively open market like the USA is a non starter and fake. Fake economics! It&#039;s like comparing cheese whizz and carbon chunks.

Let&#039;s look at Germany which totally took the banks under control before WWII. When farmers were hanging themselves in their barns during the depression in the US workers were taking paid vacations in Germany because the government cut out the swindling Jews. Now this is a fact. And the Germany economy was a world wide miracle. They went from being flat on their backs to prosperity and this was well before they started in on war production so don&#039;t use that ruse. 

No wonder everyone tried to murder them. Others may have gotten the idea that they didn&#039;t need the Jews to tell them they could have money without their say so while providing nothing but porn and hate.

Before Hitler got into power and disenfranchised the banking elite it WAS JUST LIKE WHAT WE ARE GOING THOUGH TODAY. EXACTLY. Almost a carbon copy.

So you can&#039;t bluff me with &quot;stupid Oligarch&quot; based economic lies, nonsense and bullshit their paid peon professors feed us. I know better.]]></description>
		<content:encoded><![CDATA[<p>Gavin Longmuir says,&#8221;&#8230;It looks like Sam grasps part of this reality — the basis of a sustainable economy is PRODUCTION. That is why the Political Class’s outsourcing of actual production to China is destroying the US&#8230;&#8221;</p>
<p>No I grasp all of it but note that if the bankers get free credit then the citizens should too. I particularly jump up and down about the outsourcing as the people doing this are the same damn bunch.</p>
<p> Dave says,&#8221;Sam, printing money always causes inflation. Give money to the poor, and prices for food, fuel, and rent go up&#8230;&#8221;</p>
<p>The question is how much and who benefits. Inflation from giving subsistence level wages for free to the poor would have extremely low inflation as this covers food, housing, basic stuff. This they are already paying for. Many are already on welfare so it wouldn&#8217;t change a thing. It would not change the number of people providing we don&#8217;t import the masses which I&#8217;m totally opposed to.</p>
<p>Making it profitable for the rich to buy up all the productive assets with free debt is positively horrible and is leading us into the dark ages. It&#8217;s destroying the country.</p>
<p>You people pretend I&#8217;m some sort of commie or insinuate that I&#8217;m somehow wanting everything for free but that&#8217;s a lie. It&#8217;s just another straw man propped up that has nothing to do with what I&#8217;m talking about so stop. I&#8217;m not and I could care less how much money people make in productive enterprises where people provide goods and services.</p>
<p>I&#8217;ll tell you what I would do. Tax the living daylights out of the financial class. Make a law that if you import finished goods none of the executives of any corporation could make over 20 times what the least paid employee makes. Including contracted out service employees. Let&#8217;s bring our corporate leaders pay in line with the &#8220;global&#8221; mean. That would get their attention. Let them suffer the same pay degradation as their employees. Let the extra profits go to the shareholders instead of the corporate looters. </p>
<p>It would not hurt the average little store owner as they could import goods small scale and still make a good wage.</p>
<p>I&#8217;m incised about the Oligarch bankers and financial swindlers looting the country by printing money by the trainloads, buying up all the productive business and using this monopoly to destroy us and outsource our productive capacity.</p>
<p>&#8220;&#8230;Give money to the poor&#8230;immediately turn your country into Venezuela&#8230;&#8221;</p>
<p>You can not prove this and do not have the data to back this up. Venezuela has one large commodity and it&#8217;s ability to export it was cut off. All the capital equipment needed to run it or expand it was cut off. It&#8217;s productive assets not in the country were seized. It&#8217;s ability to raise or even move capital was cut off and several coups were attempted against the government. Equating it and a relatively open market like the USA is a non starter and fake. Fake economics! It&#8217;s like comparing cheese whizz and carbon chunks.</p>
<p>Let&#8217;s look at Germany which totally took the banks under control before WWII. When farmers were hanging themselves in their barns during the depression in the US workers were taking paid vacations in Germany because the government cut out the swindling Jews. Now this is a fact. And the Germany economy was a world wide miracle. They went from being flat on their backs to prosperity and this was well before they started in on war production so don&#8217;t use that ruse. </p>
<p>No wonder everyone tried to murder them. Others may have gotten the idea that they didn&#8217;t need the Jews to tell them they could have money without their say so while providing nothing but porn and hate.</p>
<p>Before Hitler got into power and disenfranchised the banking elite it WAS JUST LIKE WHAT WE ARE GOING THOUGH TODAY. EXACTLY. Almost a carbon copy.</p>
<p>So you can&#8217;t bluff me with &#8220;stupid Oligarch&#8221; based economic lies, nonsense and bullshit their paid peon professors feed us. I know better.</p>
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		<title>By: Dave</title>
		<link>https://www.isegoria.net/2020/12/capitalism-was-designed-for-outsiders/comment-page-1/#comment-3324886</link>
		<dc:creator>Dave</dc:creator>
		<pubDate>Sun, 03 Jan 2021 17:17:36 +0000</pubDate>
		<guid isPermaLink="false">https://www.isegoria.net/?p=47360#comment-3324886</guid>
		<description><![CDATA[Sam, printing money always causes inflation. Give money to the poor, and prices for food, fuel, and rent go up. Give money to the rich, and the prices of modern art, stocks, Bitcoin, and luxury real estate go up. Both policies are idiotic, but the latter does not immediately turn your country into Venezuela.

When, not if, this system collapses, the economy will revert to gold, barter, and slavery (hey, it beats starving to death). If banks exist, they will not be limited-liability corporations -- bankers who lose customer deposits will pay for it with their flayed hides.]]></description>
		<content:encoded><![CDATA[<p>Sam, printing money always causes inflation. Give money to the poor, and prices for food, fuel, and rent go up. Give money to the rich, and the prices of modern art, stocks, Bitcoin, and luxury real estate go up. Both policies are idiotic, but the latter does not immediately turn your country into Venezuela.</p>
<p>When, not if, this system collapses, the economy will revert to gold, barter, and slavery (hey, it beats starving to death). If banks exist, they will not be limited-liability corporations &#8212; bankers who lose customer deposits will pay for it with their flayed hides.</p>
]]></content:encoded>
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		<title>By: Gavin Longmuir</title>
		<link>https://www.isegoria.net/2020/12/capitalism-was-designed-for-outsiders/comment-page-1/#comment-3324873</link>
		<dc:creator>Gavin Longmuir</dc:creator>
		<pubDate>Sun, 03 Jan 2021 16:43:57 +0000</pubDate>
		<guid isPermaLink="false">https://www.isegoria.net/?p=47360#comment-3324873</guid>
		<description><![CDATA[&lt;i&gt;&quot;... money’s value is based entirely on the fact that some people have to work for it…&quot;&lt;/i&gt;

That is right!  And not just work, but produce some good or service for which other people are prepared to exchange the goods &amp; services they in turn produce.  The problem arises when the dastardly Political Class steps in the middle of this free exchange and takes from Peter (giving him nothing) and gives to Paul.

It looks like Sam grasps part of this reality -- the basis of a sustainable economy is PRODUCTION.  That is why the Political Class&#039;s outsourcing of actual production to China is destroying the US.

Part of the Political Class&#039;s problem is that they fail to understand money.  Traditionally, the line has been that money is both a means of exchange and a store of value.  But reality is that money is a store of value only in the short term -- within living memory, a cup of coffee was 10 cents and a hamburger was 25 cents.

Money is simply expedited bartering -- and ultimately rests on the ability of an economy to produce goods &amp; services to be bartered.  That is why China is winning, and laughing at the stupidity of the US Political Class.]]></description>
		<content:encoded><![CDATA[<p><i>&#8220;&#8230; money’s value is based entirely on the fact that some people have to work for it…&#8221;</i></p>
<p>That is right!  And not just work, but produce some good or service for which other people are prepared to exchange the goods &amp; services they in turn produce.  The problem arises when the dastardly Political Class steps in the middle of this free exchange and takes from Peter (giving him nothing) and gives to Paul.</p>
<p>It looks like Sam grasps part of this reality &#8212; the basis of a sustainable economy is PRODUCTION.  That is why the Political Class&#8217;s outsourcing of actual production to China is destroying the US.</p>
<p>Part of the Political Class&#8217;s problem is that they fail to understand money.  Traditionally, the line has been that money is both a means of exchange and a store of value.  But reality is that money is a store of value only in the short term &#8212; within living memory, a cup of coffee was 10 cents and a hamburger was 25 cents.</p>
<p>Money is simply expedited bartering &#8212; and ultimately rests on the ability of an economy to produce goods &amp; services to be bartered.  That is why China is winning, and laughing at the stupidity of the US Political Class.</p>
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		<title>By: Jim</title>
		<link>https://www.isegoria.net/2020/12/capitalism-was-designed-for-outsiders/comment-page-1/#comment-3324849</link>
		<dc:creator>Jim</dc:creator>
		<pubDate>Sun, 03 Jan 2021 15:42:02 +0000</pubDate>
		<guid isPermaLink="false">https://www.isegoria.net/?p=47360#comment-3324849</guid>
		<description><![CDATA[“How long before they start taxing air?”

If you think about the logistics of something like this... you would need to measure how much air someone is breathing. So you would probably need to convince everyone to wear a mask at all times unless they want to die. Then you could sell masks with smart technology embedded in the material, a bit like a breathalyzer, and pair the mask to an app on their phone. The app would then communicate with the app of your customer’s bank — automatically, to provide a seamless user experience.

In other words, it’s pretty much a non-starter. How do you convince someone to strap a device to her face whenever she goes outside?

That would never work.]]></description>
		<content:encoded><![CDATA[<p>“How long before they start taxing air?”</p>
<p>If you think about the logistics of something like this&#8230; you would need to measure how much air someone is breathing. So you would probably need to convince everyone to wear a mask at all times unless they want to die. Then you could sell masks with smart technology embedded in the material, a bit like a breathalyzer, and pair the mask to an app on their phone. The app would then communicate with the app of your customer’s bank — automatically, to provide a seamless user experience.</p>
<p>In other words, it’s pretty much a non-starter. How do you convince someone to strap a device to her face whenever she goes outside?</p>
<p>That would never work.</p>
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		<title>By: Sam J.</title>
		<link>https://www.isegoria.net/2020/12/capitalism-was-designed-for-outsiders/comment-page-1/#comment-3324613</link>
		<dc:creator>Sam J.</dc:creator>
		<pubDate>Sun, 03 Jan 2021 09:06:59 +0000</pubDate>
		<guid isPermaLink="false">https://www.isegoria.net/?p=47360#comment-3324613</guid>
		<description><![CDATA[You&#039;re wrong and I can pick what you said apart easily.

In the first place if it&#039;s good for banks to get wades of interest free money why is it not the same for citizens?

&quot;...The problem with handing out that money to poor people is that money’s value is based entirely on the fact that some people have to work for it...&quot;

You&#039;ve taken a little tiny piece of a puzzle and blown it up to be &quot;the World&quot;. I&#039;ll explain. If you give people just enough to live on sure some will have no other aspirations and do nothing. They&#039;re likely doing that now but the VAST majority will continue to do something for more cash because people always want more(people have wives and there is you answer to infinite need). So saying a minimal living wage means no one will do anything nor require any more cash is easily proven wrong by the most simple reasoning. And since cash is exchanged for goods that people need the goods will not suddenly become worth nothing. And don&#039;t even bother to complain about inflation because we could give everyone a basic income for far less than the massive give away to the bankers and Oligarchs that do NOTHING for the country at all. Nothing. They are nothing but parasites. If inflation is a problem for giving money to people then why the hell should we give it to bankers? Their monopolizing of all assets will cause far greater inflation because they want as much profit as possible but basic needs, food shelter etc. remain the same for people. There is not a vastly higher demand for basics that already &quot;are&quot; needed.

&quot;...Banks that get free money mostly use it to cover bad loans that politicians pressured them into making, i.e. money you deposited that was spent building McMansions for Africans and Latinos who wrote “$250,000/year” on their loan applications...&quot;

No. The amount of money they got was well in excess of the amount needed. I might ask a simple question if they got the cash to pay off these loans who got the house? The banks did so they got far in excess of the value and didn&#039;t put up anything in the first place. Why didn&#039;t the citizens get the house? Why the hell should we bail out people who wrote liars loans then give them houses and cash? Why shouldn&#039;t they instead be in jail? They didn&#039;t do anything noble or suffer any grief for any of their fraud. Outright fraud. In fact they got paid for fraud. As I pointed out before.

&quot;Mortgage Debt is $9.86&quot;

so where did the rest of the $30 trillion go? And we know the whole entire housing mortgage payment industry didn&#039;t go broke so the whole story is a big assed lie. It&#039;s a scam and even the most simple rough numbers show this to be so.

&quot;...Nations fail when they stop being nations. If every citizen is entitled to free money, we have to import foreigners to do all the work...&quot;

I&#039;ll agree with you there. People who immigrate should wait a couple generations before they can receive any basic income or just don&#039;t let them in at all. Raise tariffs and pay will go up or robots will do the work.

Robots will do most work in 20 years or so anyways. In 5 to 7 years we will have a $1,000 processor with the power of a human brain. I mean why do you think they are trying to kill everyone off or at least corral everyone into a forced poverty?]]></description>
		<content:encoded><![CDATA[<p>You&#8217;re wrong and I can pick what you said apart easily.</p>
<p>In the first place if it&#8217;s good for banks to get wades of interest free money why is it not the same for citizens?</p>
<p>&#8220;&#8230;The problem with handing out that money to poor people is that money’s value is based entirely on the fact that some people have to work for it&#8230;&#8221;</p>
<p>You&#8217;ve taken a little tiny piece of a puzzle and blown it up to be &#8220;the World&#8221;. I&#8217;ll explain. If you give people just enough to live on sure some will have no other aspirations and do nothing. They&#8217;re likely doing that now but the VAST majority will continue to do something for more cash because people always want more(people have wives and there is you answer to infinite need). So saying a minimal living wage means no one will do anything nor require any more cash is easily proven wrong by the most simple reasoning. And since cash is exchanged for goods that people need the goods will not suddenly become worth nothing. And don&#8217;t even bother to complain about inflation because we could give everyone a basic income for far less than the massive give away to the bankers and Oligarchs that do NOTHING for the country at all. Nothing. They are nothing but parasites. If inflation is a problem for giving money to people then why the hell should we give it to bankers? Their monopolizing of all assets will cause far greater inflation because they want as much profit as possible but basic needs, food shelter etc. remain the same for people. There is not a vastly higher demand for basics that already &#8220;are&#8221; needed.</p>
<p>&#8220;&#8230;Banks that get free money mostly use it to cover bad loans that politicians pressured them into making, i.e. money you deposited that was spent building McMansions for Africans and Latinos who wrote “$250,000/year” on their loan applications&#8230;&#8221;</p>
<p>No. The amount of money they got was well in excess of the amount needed. I might ask a simple question if they got the cash to pay off these loans who got the house? The banks did so they got far in excess of the value and didn&#8217;t put up anything in the first place. Why didn&#8217;t the citizens get the house? Why the hell should we bail out people who wrote liars loans then give them houses and cash? Why shouldn&#8217;t they instead be in jail? They didn&#8217;t do anything noble or suffer any grief for any of their fraud. Outright fraud. In fact they got paid for fraud. As I pointed out before.</p>
<p>&#8220;Mortgage Debt is $9.86&#8243;</p>
<p>so where did the rest of the $30 trillion go? And we know the whole entire housing mortgage payment industry didn&#8217;t go broke so the whole story is a big assed lie. It&#8217;s a scam and even the most simple rough numbers show this to be so.</p>
<p>&#8220;&#8230;Nations fail when they stop being nations. If every citizen is entitled to free money, we have to import foreigners to do all the work&#8230;&#8221;</p>
<p>I&#8217;ll agree with you there. People who immigrate should wait a couple generations before they can receive any basic income or just don&#8217;t let them in at all. Raise tariffs and pay will go up or robots will do the work.</p>
<p>Robots will do most work in 20 years or so anyways. In 5 to 7 years we will have a $1,000 processor with the power of a human brain. I mean why do you think they are trying to kill everyone off or at least corral everyone into a forced poverty?</p>
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