War: What Is It Good For?
War delivers us from this state of limbo, toward the rebirth of sound money and economics. Sadly, war may be the ultimate distraction that finally breaks the political landscape wide open and shatters these broken institutions and power centers once and for all.
It isn’t right but it’s almost inevitable. War will be the final political justification for the financial elite to go full-retard in trying to save their system.
Most people will gladly let them do it.
War can be personal in a way that differs from other crises; because it feeds off the insatiable need for a collective persona –or the national identity.
Natural disasters are the least personal because they are indiscriminate. The broken glass fallacy of the mainstream (Keynesian) philosophy can trump the pain and help rationalize the rebuild. (Even when it becomes evident that significant damage could have been avoided before calamity. Hurricane Katrina comes to mind as one case in point).
The series of financial crises that all generations alive today have experienced have thus far not been as ‘personal’ – on an acute, collective basis.
While ultimately shared by all – the ‘boiled frog effect’ of consumer price inflation over years, for example keeps the pain largely unconscious or chronic. Bailouts, and social welfare have evolved to further buffer the full effect of financial mayhem.
Really a mutant form of helplessness, our collective willingness to give up freedom in support of ‘the effort’ will continue to be the flavor of patriotism.
But war is frightening. And fear aligns with efficiently. Enough to keep the effort alive politically.
Until we reach the tipping point.
Ron Holland of the theailybell.com recently highlighted 10 Reasons why Washington has war fever:
10 Reasons Washington Has War Fever
- Wars can provide a crisis and justification to continue sovereign debt issuance and currency expansion for the duration of the conflict.
- War would allow the politicians to blame Russia and China for the coming end to the dollar as the world reserve currency as well as the looming dollar and debt crisis.
- The Federal Reserve and its global central banking cartel have really destroyed the economy of the West through excessive debt issuance, money creation and borrowing. A war would allow the blame to be transferred to the enemy nations for public consumption.
- War would allow the U.S. to regain control over the European Union, individual European nations, and NATO. Today, Germany, France and other nations are wavering in the lockstep support for U.S. policies and war plans in the Ukraine.
- War would stifle secession movements in Spain and Scotland, Greece and Italy threats to withdraw from the EU, and the common euro currency.
- A war would provide the excuse for the U.S. to reestablish elite control over news and opinion from foreign news organizations and alternative Internet news competition.
- A war against Russia and Iran would safeguard competition from Russian and Iranian oil and gas delivery pipelines. Additionally, it will allow us to control Middle East production and continue the Petrodollar system for years to come.
- As in both world wars, a major war would allow the government to terminate all domestic political movements and adversaries except for “approved” controlled opposition candidates from the two major parties.
- A successful war against allies of China would delay the global power challenge from a resurgent China for a few years.
- Finally, during a wartime crisis situation, politicians can always get away with attacks on civil liberties, freedom of the press and wealth confiscation to a degree never possible during peacetime. Here lies the ultimate war threat to the majority of the American people; the much hyped and often undercover agent-driven fake terror plots designed to keep the citizens living in fear and willing to give up liberties for safety simply does not work any longer – now 14 years after 9/11.
I would add #11: That war gives full green light for doing whatever it takes however it will be.
While they’ve got us distracted by fear, they’ll take and legislate as much away from us as they can and most will do nothing about it until it all gone. They will go after the low hanging fruit – the electronic (paper) assets – first.
At first, we will be told that it’s for own good – it supports the effort. We will believe them and they will continue to believe themselves. We will be encouraged to give ‘ourselves’ over voluntarily. And when we don’t, they’ll take the money (along with other freedoms and privacy) – even as they print its value to nothing.
At that point the circle from citizen to criminal is complete; social unrest brings war internal to ‘protect us’ from ourselves.
War allows this to happen as a distraction. War provides the excuse to continue the game whether for profit, for the currency, or for the industry. War will provide the room to print – the excuse to spend.
What will spark the velocity in money – in which the effect of deficit monetization leaks into the bond market and paves the last mile toward currency collapse?
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