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Author Topic: Is "Communism" Inevitable?  (Read 512 times)

Offline Eighthman

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Is "Communism" Inevitable?
« on: July 13, 2017, 06:39:27 AM »
I hate authoritarianism. That said, I see Banksters pushing us towards defacto Communism.

Suppose the stock market crashes.  The Fed can simply issue money out of thin air to buy up shares and it goes back up.  Japan shows us that a central bank can do this indefinitely without crashing the economy or triggering general inflation - as long as you don't dump the money into the general economy.  You just keep the "balloon" from deflating - but, if you don't restore good growth, they can't sell those assets. Like giving ever greater doses of Heroin to an addict.

Eventually, the Feds/Government pretty much own the economy, rich people find that their stocks are valued like rare postage stamps (good luck with that) and the angry masses need only vote themselves into exploiting That Which The Government Already Has.

Please show me how this fails to happen.  It looks ugly.

Offline ArMaP

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Re: Is "Communism" Inevitable?
« Reply #1 on: July 13, 2017, 03:00:19 PM »
I hate authoritarianism. That said, I see Banksters pushing us towards defacto Communism.
How is that "de facto Communism"? ???

Offline Eighthman

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Re: Is "Communism" Inevitable?
« Reply #2 on: July 13, 2017, 05:40:14 PM »
https://www.bloomberg.com/news/articles/2016-08-14/the-tokyo-whale-s-unstoppable-rise-to-shareholder-no-1-in-japan

Take a look at Japan's dilemma.  To prop up their economy, their central bank is simply buying up the stock market. It's crazy and tells us what will happen if governments/banks are trapped.

If a government owns all the businesses/means of production, that's Communism to me. And that looks like where we are headed by default.

Offline ArMaP

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Re: Is "Communism" Inevitable?
« Reply #3 on: July 13, 2017, 06:06:40 PM »
If a government owns all the businesses/means of production, that's Communism to me.
OK, I understand it now. I think you're wrong, but I understand it. :)

Offline Eighthman

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Re: Is "Communism" Inevitable?
« Reply #4 on: July 13, 2017, 06:27:28 PM »
I think this is a fairly common set of definitions for Socialism and Communism - although they get confused.  For example, Nazi Germany had lots of private businesses while the Soviet Union tended to own everything.

In any case, current headlines suggest that the Fed and ECB are hoping to reduce their bond holdings but I don't see that ever happening.  The Japanese situation is crazy radical.

Offline The Seeker

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Re: Is "Communism" Inevitable?
« Reply #5 on: July 13, 2017, 06:28:56 PM »
I think you're wrong
I agree  8) Japan has been in a world of poop ever since Fukishima began; it's a wonder they aren't beyond being bankrupt; but this is also a special case and not anywhere close to being an indicator of the situation here, or in any of a number of countries...

Just more Doom Porn

 ::)
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Offline Eighthman

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Re: Is "Communism" Inevitable?
« Reply #6 on: July 13, 2017, 08:03:52 PM »
My hypothesis will rise or fall based on one thing: can the ECB and the Fed stop QE and actually sell off their bloated balance sheets.  Can they beat the Japanese malaise? I say they can't.

Japan sunk into trouble long before Fukushima.  An aging population, low growth, heavy deficit spending, etc. - all the stuff that's hitting the West. 

Offline Eighthman

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Re: Is "Communism" Inevitable?
« Reply #7 on: August 27, 2017, 10:01:41 AM »
http://www.zerohedge.com/news/2017-08-27/jackson-hole-ends-here-reality

And here we go again:  Nobody 'in the know' really thinks that central banks can get away from stimulus.  They got  to keep buying up gov. bonds - and possibly stocks - or the whole thing falls apart.

Keep this up long enough and how does the story end?  The central banks  will own pretty much everything, whole economies.  If you think of them as the Real Governments, you'll get a sort of de facto communism.

Now, in the right context, this might be Salvation.  Norway owns 50% of businesses and does 35% of employment. And their country is nice (aside from the weather).

Offline Irene

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Re: Is "Communism" Inevitable?
« Reply #8 on: August 27, 2017, 02:13:24 PM »
http://www.zerohedge.com/news/2017-08-27/jackson-hole-ends-here-reality

And here we go again:  Nobody 'in the know' really thinks that central banks can get away from stimulus.  They got  to keep buying up gov. bonds - and possibly stocks - or the whole thing falls apart.

Keep this up long enough and how does the story end?  The central banks  will own pretty much everything, whole economies.  If you think of them as the Real Governments, you'll get a sort of de facto communism.

Now, in the right context, this might be Salvation.  Norway owns 50% of businesses and does 35% of employment. And their country is nice (aside from the weather).

And the immigrants.  ::)
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Offline Eighthman

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Re: Is "Communism" Inevitable?
« Reply #9 on: September 02, 2017, 03:16:56 PM »
http://www.pbs.org/newshour/making-sense/public-companies-u-s/

This news doesn't seem to be widely known. Publicly traded companies seem to be disappearing - so fewer stocks to invest in. 

To sum it up - fewer stocks to buy and banks issuing fiat money to buy them and bonds.  If you're a bank and can create money out of nowhere, why not buy up entire economies?

Offline The Seeker

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Re: Is "Communism" Inevitable?
« Reply #10 on: September 02, 2017, 05:59:08 PM »
http://www.pbs.org/newshour/making-sense/public-companies-u-s/

This news doesn't seem to be widely known. Publicly traded companies seem to be disappearing - so fewer stocks to invest in. 

To sum it up - fewer stocks to buy and banks issuing fiat money to buy them and bonds.  If you're a bank and can create money out of nowhere, why not buy up entire economies?
Companies publicly trade or sell stocks to gather capital to run,fund, and expand their operations; a lot of those same companies, once they become profitable and are able to be self sustaining, quietly buy up all their outstanding stock and drop out of the market entirely; this protects the company from being taken over and/or absorbed by larger corporations...
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Offline Eighthman

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Re: Is "Communism" Inevitable?
« Reply #11 on: September 02, 2017, 06:35:56 PM »
And zero interest rates tend to encourage ever more debt over equity.  A Federal Reserve official once described their balance sheet as "infinite" (on CNBC).  Put two and two together......

I understand the why - I'm just pointing out that this trend may fit in with a future government (dominated by banks) owning pretty much everything. 

There are recent claims that China will soon create a oil contract denominated in yuan but backed by gold.  I'm skeptical but who knows.  Russia is also making noises about finding ways to avoid the dollar.

Offline petrus4

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Re: Is "Communism" Inevitable?
« Reply #12 on: September 02, 2017, 09:29:39 PM »
I'm not really worried.  As a general concept, non-localised centralisation is on its' way out; although not everyone associated with it knows or is prepared to accept that yet.  Imperialism is a correspondence of Jupiter, and Jupiter and Neptune correspond with Pisces.  Empire is obsolete at this point, although the United Nations is still determined to make a nuisance of itself, and probably will for a while, yet.

Centralisation only works when the distance between the center and the outer edge is minimal.  If there is a long distance between the center and the outer edges though, response time goes up in proportion to the distance.

I think you probably will see a temporary Communist scenario in America for a certain amount of time, simply because of how effectively the Left are currently destroying the Republic.

Communism can not last indefinitely, however.  Either there is another revolution and it is removed, or the legal system becomes sufficiently tyrannical that everyone is considered a criminal, at which point large scale genocide occurs.  Either way, it has no point of truly long term sustainable equilibrium.

China is slowly becoming less Communist, which is also partly why they're starting to do so much better economically; although the main reason why is because you'll usually have difficulty finding a consumer object which doesn't have "Made in China" printed on the back of it these days.  The Chinese never forgot what Milton Friedman and his AnClap brethren did, however; namely, that industrial output talks, and bullpoop walks.  If you don't have manufacturing which is producing physical objects, then you don't have an economy.  The American economy is based on numbers on screens, and pieces of paper.

If they are smart, the Chinese will keep their emerging wealthy middle class, though.  I'm one of the strange people who believed that the Keynesian hybrid economic model actually worked, simply because (in the centralised government/commercial infrastructure paradigm, at least) you need prosperous consumers to buy the industrial output created by the rich.
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