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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?


To: The Vet who wrote (15059)8/6/2002 2:47:24 PM
From: sea_urchin  Read Replies (1) | Respond to of 82412
 
Thanks, Mr Vet. It is a very good article and prompted me to write the following bit of nonsense:

People buy goods with money they don't have.

In order to obtain the credit to buy the goods, they mortgage assets, like property, which have only a fictional value anyway.

Although there's no inflation because the price of gold is kept down, the value of these designated "assets" continues to rise and therefore people can borrow more against them and thus buy more. Since it's in the national interest that people keep buying, it is also in the national interest that the value of these "assets" keeps rising. That's what's known as patriotism --- keeping the value of the "assets" up. Anyone who destroys property is known as a "terrorist".

Meanwhile, the one who makes and sells the goods never receives payment --- all he gets is a promise and a bit of interest, if he's lucky. But, what difference does that make because Asians can live on the smell of an oil rag, anyway!

And, the whole structure is supported by a stock market where the equities are valued on earnings which don't even exist. That is of no consequence, however, because certain television stations keep informing the people that their stocks can only appreciate and any downturn in prices is only an "temporary aberration". Naturally, these stations use pretty girls to do the informing so that the viewers, intent on looking at the girls and imagining who-knows-what, forget about all the money they could have lost.

Now, someone works out that if the one who lives on borrowed money, but produces no goods, goes to war, that borrowed money somehow becomes even less valuable and therefore he is able to borrow less and buy more. This pleases the makers of the goods no end because now they will have to increase production, at their own expense, and be paid less than they were before. Of course, they dare not say anything because they have been warned that, if they do, the one who borrows the money, and walks around swinging a big stick, won't buy their goods.

In fact, he may hit them with that stick like he's going to hit the cheeky one who is sitting on all that oil.

Meanwhile, rumor has it that the reason the one who borrows the money, and who walks around swinging that stick, wants to hit the cheeky one is not because he's cheeky or because he's sitting on the oil but because he has developed a brand new source of power --- an invention using the excrement of camels to power intercontinental ballistic missiles. In fact, this is believed to be weapon of mass defecation --- and nobody can be allowed to have such a weapon except the one who borrows the money and his pals.

In fact, it's been hinted that it's only a matter of time before the weapon of mass defecation uses paper money instead of camel excrement as its source of power since it's in greater abundance and is also less valuable. And, of course, the more the owner of the stick can burn money, especially on useless projects like the weapon of mass defecation, the happier he is.