Posts by Gregory Williams7

melloworca6 said:What was the reason you were getting them?

Skin redness.

I was on it for a brief period, but they were prescribing massive doses. I would go through withdrawal, and then they would simply start me up again. The most intense stretch was receiving 250mg of Medrol via IV for three consecutive days.

I have been tapering off Decortin for about ten days now. I moved from 20mg down to 10mg, and as of yesterday, I am completely off it. Now, I am wondering about this itching sensation that has flared up across my abdomen and legs—is this a normal reaction? There is some slight redness when I scratch too hard, but otherwise, my skin feels incredibly dry and the itching is quite intense. Is this something permanent, or just a temporary phase? Honestly, I would rather be coming off heroin than dealing with this Decortin withdrawal.

wiredorca22 said:Which path should the elites follow?🍿
http://www.schroders.com/en/hk/retir...bal-liquidity/

The numbers look fine on paper, but our government is a complete joke. The Federal Reserve and the ECB are both hiking rates and tightening liquidity. We have barely managed any meaningful debt reduction over the last year, yet they are already looking to strain the budget again by increasing spending on defense and healthcare. Instead of using this next year or two to aggressively tackle the deficit, we are heading straight toward a debt-to-GDP ratio of 160%. When the next crisis hits, what will happen? Our incompetent politicians will blame secret societies or communists, when in reality, we are the ones building this disaster ourselves.
I realize this is off-topic, and I apologize. However, it relates directly to the end of Quantitative Easing and the onset of QT at the central banks.

Some people are practically counting down the days.

They are going to ask you for everything, my friend. Where you live, what you drive, how many children you have, your Social Security number, any outstanding debts—they will even look into your employer. This isn't strange at all; it is a perfectly standard procedure. The only thing that matters is that you read exactly what you are signing before you commit.

Mass starvation and a population collapse, most likely...

Maria Thomas48, you must accept this reality. Unless you intend to suggest involving Germany or China, there is little to be done; those nations already possess the appropriate currencies. A prerequisite for such stability is a competitive economy, which they maintain while we simply do not.

Ashley Collins4, you truly have no clue what you are talking about, yet you insist on making a point with every single post you write.

Money is merely a medium used to exchange goods. Money itself is not a commodity. It is nothing more than simple paper which, aside from being used for payments, could just as easily be used to light a cigarette or serve as toilet paper—and not particularly pleasant toilet paper at that.

The moment you grasp this reality, you will understand why a 10% interest rate isn't the key to repaying a loan; the real necessity lies in increasing production.
The Federal Reserve protects people like you from yourselves by managing the exchange rate. Take my word for it.

Regarding the economic program for the next administration, I believe the most effective approach would be to implement raw, unfiltered capitalism for a period of two or three years. During this timeframe, environmental impact would remain manageable, and more importantly, the public would finally realize that the era of guaranteed housing and universal employment is long gone.

Once this national "awakening" has occurred, we can return capitalism to more reasonable boundaries suited to our specific economy. If we don't, any attempt by any government to fix the system or engineer economic growth will inevitably fail due to the human element. You could build the most advanced factory in America, complete with perfect specifications and an elite board of directors, but if the workers lack basic training and expect the machines to do all the work for them, the entire enterprise will collapse.

Look, Ashley Collins4, I haven't jumped into these debates much, but what you're saying is nonsense. The people posting here actually understand economics and macroeconomics. In this crisis, they have lost far more than just a mediocre job or a few thousand dollars. During the 2008 crash, I personally was losing $3333 a day, and I am just a small player. So please, spare us the sermons and listen to what others are telling you. They are speaking sense, unlike your rambling. Whether you call it State capitalism, socialism, or whatever else, the government is a poor manager. It is proven by billions of examples, and it proves itself every single day. Stop comparing us to the Chinese or the Japanese or even Martians. We are Americans, we function as Americans, and you either take it or leave it.

Privatization is a good and desirable thing. When it is carried out transparently, publicly, and legally, it is always welcome. All these companies currently under government control are going to fail. I guarantee it. It is only a matter of time before some idiot sits in the director's chair because of political connections. Managing state-owned companies relies on political loyalty and political gain. Managing private companies relies on economic and financial profit. These two goals are almost always in contradiction and should never be mixed. Just as you shouldn't mix the military with politics; countries that do so inevitably collapse.

There is nothing to do here but adapt and live with it. Find a high-demand profession, educate yourself in that field, become competitive in the labor market, and one day, once you have accumulated enough knowledge and capital, start your own private business. Then, others will work for you. As for those lectures on State capitalism, save them for the guys at the local pub.

Total subsidies allocated for housing are roughly $20 million.
The total payouts for maternity benefits and unemployment insurance reach $2 billion.

Where would you start making cuts?

Subsidies are out of the question. Every single subsidy is nothing short of economic assault. We need to slash taxes and cut through the red tape; that is the only way to attract real investment. Cutting taxes will inevitably lead to fewer fees and less social spending. Sure, people might say "the poor will get poorer," but there is simply no other way out.

The truth is we will see more "bad" investors—the types who show up just to exploit workers. But those players will eventually fail on their own. Once the entire nation reaches full employment, a bad private employer won't be able to mistreat staff anymore because employees can easily walk away to a better job elsewhere.

One might think that with unemployment levels this high, we would be the most competitive country in the region. But what good is that if the bureaucracy and the tax burden crush us first?

Didn't that sound a bit strange to you? You can head down to the police station if you really want to, but you should go right now. I honestly don't think they'll be able to help you much.

This is progress. A genuine step forward. We are witnessing a shift in mindset here. It reminds me of when the US implemented those small bottle deposits to encourage recycling. It will likely take a year or two for the public to fully adapt to the change. Regardless, this is a positive development.

You constantly bring up that example regarding Kennedy. To be perfectly honest, if someone told me they were going to issue 25% more money into the system where my savings reside, I would gladly hand over 24.5% of my life savings to someone just to settle the matter with a bullet. I hope you grasp my meaning.

By any sound logic, if one performs their duties well, there should not be an abundance of people wishing to shoot them. Especially not those competent enough to organize such an act.

Maria Thomas48, you still fail to realize that for a person to possess anything, they must first earn it. It is insufficient merely to work if there is no one willing to perform that labor and provide payment.
Once you understand that one must work specifically to possess, then you and I can continue this discussion with the goal of reaching new, useful conclusions.

Any attempt to glorify the artificial construct of the USSR in this debate is entirely misplaced. We all know what the USSR was and why it collapsed. The notion that the USSR fell because someone refused to accept a colleague's Master's thesis is, in my view, pure nonsense. However, everyone maintains a certain opinion of themselves and attempts to assign themselves a sense of purpose. If someone believes they could have saved the USSR with a single Master's thesis—leading to a world of plenty for everyone—that is merely their opinion, and I will not engage deeply in such arguments.

I will simply comment on what was said regarding Americans. There are many ways to conduct a war. Using a military is only one of them. What we see being served to us through the media bears little to no relation to the actual truth. A combination of genuine political and economic maneuvers by three global superpowers—who have accumulated massive amounts of US Treasury bonds—will result in an energy crisis in the USA, shortages of food and basic necessities, and the total collapse of what little remains of the American economy.

Go to any store and look at the label on every product to see where it was manufactured. Then, tally every product that originated in the USA. The answer will be zero, or very close to it. The reason is not that these products are too high in quality to be sold in America; rather, it is because those products simply do not exist here. A nation lacking domestic production can function only through debt, whether through positive or non-credit mechanisms, and that way of operating leads inevitably to hyperinflation.

Listen closely, Maria Thomas48, because I am going to tell you exactly what is coming.
The USA will eventually print 25% of its total money supply to meet its own needs. Some clerk sitting behind a desk will simply type an enormous number filled with zeros, hit enter, and just like that, the money is in the system.

Millions of small operators will then take billions of tiny accounts and begin distributing funds. We are talking about pensions, corporate expenses, salaries, maternity and child benefits, subsidies, scholarships, offshore accounts, fuel costs, infrastructure, and more.
Furthermore, it is highly likely that both NASA and the US Army will receive their share of the pie for space missions and military operations. It will take those small operators some time to input such massive figures into their computers, but it will happen.

The Chinese will soon realize—if they haven't already—that there is far too much of the dollar circulating. The Russians will feel the same. It will no longer make sense for them to purchase US Treasury bonds. They will start looking for ways to sell them and spend them while they still hold any value at all. A massive amount of dollars and various dollar-based derivatives will be unleashed onto the market in an incredibly short window. Various dealers and speculators will instantly recognize the shift and rush to offload their dollars as quickly as possible. Everyone will scramble to dump the dollar in exchange for anything else. The dollar will begin to plummet.

I must note that this is the optimistic scenario. The pessimistic version is that China and Russia, having been treated poorly by the USA, might lose patience and launch their entire nuclear arsenals at us. If the dollar is going to be worthless anyway, why should the country guaranteeing it remain standing? That is the worst-case scenario.

The next phase is hyperinflation of the dollar, which will occur overnight. Most Americans won't even realize what is happening. Very few people are capable of grasping the situation; the majority will think just like you and Stole: "Just give me the cash, and I'll be fine."

If this follows the historical pattern seen in Germany, hyperinflation will transition from being reasoned to being pure panic. The dollar will fall uncontrollably below its actual value, even without economic justification. The only escape is the issuance of a new currency and the wiping out of the old one. This is the model used by Germany and other nations throughout history, and it has always worked. It is known as denomination, or something similar. In practice, we both know it doesn't matter if you call the money dollars or something else entirely.

The ultimate result is a massive drop in living standards for everyone tied to that currency. All debts and savings in that currency are wiped out or reduced to negligible levels, creating a foundation for a new, healthier start. A common side effect is war, which often involves the genocide of nations blamed for the inflation. Throughout history, walls and certain ethnic groups have served this purpose; today, I suspect it might be Middle Eastern populations. This leads to the forced seizure of assets from specific races or nations to raise the living standards of the inflation-stricken population to keep them pacified.

Is it clear now what you are advocating for?

It is worth looking into.
http://www.zerohedge.com/article/day-dollar-died

Nazi Germany was actually the first to implement psychological testing for military recruitment. They utilized two specific metrics—diligence and intelligence—to sort candidates into four distinct categories.
The diligent and intelligent recruits were assigned to engineering corps.
Those who were lazy but intelligent were groomed for officer training.
The combination of laziness and low intelligence resulted in placement within the infantry.
Finally, those categorized as both diligent and unintelligent were simply discharged from the service.

Back then, military structures were less complex, which explains such a blunt classification system. However, there is a crucial reason why they purged the diligent yet unintelligent individuals. Can one hundred smart people truly fix the damage caused by a single fool? And what havoc can an unstoppable, stubborn fool wreak on a mission?

I am simply grateful to God that people possess enough sense to ensure your ideas die right where they are conceived. If they didn't, we would all be in serious trouble. What kind of nation would tolerate anyone—let alone you—attempting to control product prices? It comes down to competition, supply and demand, and free trade. A modest amount of taxation is all that is required to season the mix.

As for you, stay out of economics.

Don't be so naive. If that single formula were truly all you needed, wouldn't anyone be able to rule the world? It sounds simple enough, doesn't it? But we know better.

Even after providing all the evidence at my disposal, not one of you has offered an explanation. How does the world continue to function today when even your most optimistic projections suggest we have no more than ten years left?

Once again, you have failed to see that your conspiracy theory completely overlooks the most fundamental component. Times change. Is anything truly permanent? It appears you have provided only a single letter. Please provide the full text you wish for me to rewrite. Once provided, I will craft it into a unique, professional American English piece while strictly adhering to your formatting and substitution guidelines. Is there such a thing as too much overtime? We find ourselves constantly chasing the extra paycheck, yet we rarely stop to consider the cost. Is the pursuit of additional hours truly worth the exhaustion? Perhaps we should reconsider our priorities.You consistently refuse to acknowledge it. You reject it systematically because if you did, your entire theory would fall apart.
What would happen if you finally decided to accept that? What exactly constitutes the interval between the disbursement of a loan and its final repayment? Is it merely a matter of simple arithmetic, or does it involve more complex considerations? Time flows continuously during this period.Consider this scenario: Person A extends credit to Person B at time T, with repayment deferred until time T+n. During that interval, Person B is required to perform a certain amount of labor, W. From this total work, a portion—specifically the difference between W and W1—must be paid to Person A as interest. What happens to W1? It remains with Person B. However, they should not simply accumulate it as paper assets through exchange. Instead, they ought to utilize it to fund credit for others, invest in durable forms of savings, or simply improve their overall quality of life. Is that not how value should circulate?

Five hundred years ago, a farmer was granted land by a nobleman. In exchange, he was required to provide a specific amount of grain every single year. But where does a man find such grain if he has only just received the land? It had to be produced from the soil itself. Times change. Is that not always the case? Even the common man was forced to comply. Save work. In order for the grain to be harvested and for him to cover his own costs, what must happen? What becomes of our interest rates?A nobleman didn't just demand grain out of nowhere. He gave it. Times change. What remains? Peasant. It is functioning..

When I was in high school, I struggled to grasp the concept of time as a dimension. It didn't click. But after a great deal of effort and study, everything changed. I finally understood why acceleration is defined as the change in velocity over time. Why is velocity simply distance divided by time? It all makes sense now.

You must also understand that changes in wealth represent the difference in labor invested over time. A portion of that labor is allocated to the creditor, regardless of whether they performed any actual work, while the remainder stays with the debtor.

As long as time continues to pass and people continue to pour their labor into the system, interest can always be recovered. Money should not be viewed as a tool for accumulating surplus labor. Instead, it serves as a medium for the exchange of goods and work.