Tuesday, November 22, 2005

B.C. (where are those days?)

One of the big advantages of starting a new PC is that you get rid of all kinds of crap people in your addressbook. Probably the fattest mistake Bill C. ever made was telling other people that him & me were "like brothers";
because I'm not good with family.

But what I miss most about him - apart from his ongoing 'liquid means' support - are our deep philosophical conversations about the financial system. (read: the dollar)

Past Sunday there was a nice documentary on TV about this subject. (Repeated next Saturday, 11.00 am, Ned. 3)
Everybody knows money is just a piece of paper with a number on it. The actual cost of producing a one-dollar note is probably the same as a 100-dollar note. It's all a matter of Earth-wide Confidence that you can change one dollar for so-and-so much euro... The value of the dollar is determined (say the Banks!) by economical strength and actual political power (read: military power) of the U.S.A. This is best made visible by the prices of OIL, real estate and the value of stocks.
(Note: there used to be a time when the Price of a dollar was related to gold, but that's long ago)

Bill and I had long talks about this.
The biggest thing you have to remember is, that the Value of a dollar is virtual. Relative to...
There's no real value in it.
Real value is a loaf of bread.
And the (also virtual) strength of the USA determines how many loafs of bread you can buy for 1 dollar.

Now, the past 3 years the American deficit (read: shortage on national balance) is growing with $ 3 billion,- per working DAY! This is 3.000 million dollar PER day!

All top-financial guys in the world (see documentary) from Shanghai to New York, from Tokyo till Montreal, from Buenos Aires till Amsterdam, they all say (to Bush) DO something about this, because the dollar is going to COLLAPS!
... and when this happens, then within 24 hours ALL money machines (ATM's) in the world will be empty! Because: No Confidence, no money!
And you CAN'T sell your house, because nobody knows the price!

...and all Bush is doing, is standing on top of Empire State Building and beating his chest, screaming: "WE are the BEST!" we are the strongest! The Dollar is King Kong!
Yeah, untill some airplane comes from the East and blows his face away!

By the way:
The Maharishi Rajneesh warned for this already 25 years ago!

Wait for the day all millionaires are gonna be as broke as I am now.
I hope I live that day! To see that!

Thanks to VPRO- Tegenlicht: "The day the dollar collapses"


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