Post
Topic
Board Economics
Re: Martin Armstrong Discussion
by
username18333
on 11/09/2015, 03:59:55 UTC
Yes, I get it. The banksters are in control. But if the US government defaults on its debts because of hyperdeflation and it doesn't print, it will no longer be of any use to the banksters.
(Red colorization mine.)


You could have simply said that I had guessed correctly.

You did not "guess[] correctly" (NewLiberty), for the post implies that money is an instrument (within the hypothetical, a "[value] pump") of plutocratic government, not "market exchange" (NewLiberty).

[...]

Synchronous, international default should void both any and every economic liability (i.e., both any and every “sovereign debt”) that does not serve the plutocrats.

TN;DC: A plutocrat seeks (at least, circa the present) to confiscate nongovernmental capital through “sovereign default.”