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What do you think of this post? The author was a professor at the University of Toronto for 40 years and identified the problem of the Army of Marketeers. []

By ToolGuy8
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"What I derive from such events in history is that no authoritarian structure, no matter how powerful it may seem, is really impregnable - that it can in fact be brought down."

i wish i had her optimism. ordinary people (the unconnected) are now very vulnerable b/c of fiat currencies. there is no way that the US & it's minions would have been able to incur all these incredible national debts under the former gold standard which Nixon abolished in 1971. people & nations are becoming debt slaves. pensions that most people were counting on will be much reduced.

i think we're well on the way to an Orwellian future.

I do not believe that you understand fiat currencies and the problems with the gold standard. []

@ToolGuy ,
i think i understand it better than you.
all you need to know is that ordinary people could hold gold and not be hostages to corrupt govts & subjected to financial, longer applies.

@callmedubious I have studied this for over 60 years. Do you really think you know more? You really should be agnostic about this issue because the evidence for your position is only slightly better than the evidence for the existence of god(s) — if at all.

@ToolGuy ,
do you even know what fiat currency means?

@callmedubious of course.

@ToolGuy ,
OK, here's an example of how people can protect themselves with gold. over the last 6 yrs our canadian $ has deoreciated by about 35% against the USD. iow, if all your financial holdings are in CAD you've seen your purchasing power decline by about 35%.
but guess what? gold has not depreciated against the USD & has retained it's purchasing power. the people in Venezeula who held gold have not seen their purchasing power ravaged by inflation.
the US govt could any time it wishes devalue it's currency by fiat, thus fiat currency. they choose to be less honest & do it by inflation. every fiat currency in history has gone to 0.


I like this.

kmdskit3 Level 8 Mar 10, 2019

I can see this playing out in our current social order...exactly what she sees! Everything, which was once ‘common domain ‘ is now being...‘for profit,’ driven. Even the misery of the common man, is exploited for profit. Example, traffic tickets, and other minor infractions are used in support of the police department. When I have been in those courts, it was mostly the poor that was in that court room and they were charged with some of the most minor of offenses!


An excellent commentary on how capitalism and greed is taking over and destroying the human part of humanity. Thanks for sharing!

linxminx Level 7 Mar 10, 2019

Interesting post. I'll have to read it again when I'm not so tired.

tioteo Level 7 Mar 9, 2019

Wow. She is spot on.

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