by ReverseEngineer » Sun 08 Feb 2009, 07:03:01
$this->bbcode_second_pass_quote('Grace Slick', 'W')hen logic and proportion
Have fallen so I'll be dead
And the white knight is talking backwards
And the Red Queen's LOST her head
Remember what the dormouse said
Logic and proportion have fallen, reality has given way to illusion, the MSM is talking backwards, so you will forgive me if this post comes off as an Acid Trip flashback from the 60s.
The bottom dropped out of the thermometer up here in Fairbanks today, dropping down to -20 or so. This seems real enough, but then so does the hotel, so do the grocery stores and so do my chats with others about the economy. The thing is, all of this isn't real at all, I'm not even sure the temperature is real anymore. It's all here courtesy of an illusion, of a belief that people have that abstract numbers and pieces of paper have value and so they struggle endlessly to get more of them. So now that the bottom has dropped out of the economy, what will the illusion look like? Will it be stripped and we see reality, or will we buy into a new illusion?
Inside of just a few months, there was so much demand destruction that the world is literally awash in oil, simply because so many businesses STOPPED buying it, all at the same time. What that should tell you is something remarkable, which is that once we stop industrial production, the actual amount of oil to run tractors and trucks and city sewage pumps and all that infrastructure stuff isn't actually taxing the oil poduction apparatus quite yet. Although it might soon enough if the price stays so low you can't make a profit pumping it. I was however informed by a slope worker I spoke with today that his company would still make a profit with OIl at $8/barrel. I don't know if that is true or hyperbole, take it for what its worth.
Money has a whole lot less substance to it than all the buildings up here, when the money disappears the buildings will still be here. The Oil will still be here, at least what is left of it. People of course don't want to starve, and I am wondering if perhaps we can create a new illusion to transform reality? Not make something from nothing in the physical sense, but make a new reality out of ideas which come from nothing, which are out there in the ether to be grabbed onto as liferafts off a sinking ship.
Once we fall far enough, there will be acceptance of the failure of this idea of money, and it all will disappear. Not just our currency, not just the dollar tanking. EVERY currency will tank, none of them will have value at all, no debts will have value either. We will revert to barter, but in the age of the computer, that isn't quite so primitive an idea as you might imagine. Because real value isn't in currency, its not even in Gold. Real value is in how the stuff we actually need trades against each other, how oil trades against food, how surplus labor trades against oil, its in the relationships between these things that you can define real value. Long as you have computers to tally the aggregates, you can also use it to allocate the resources in a command economy, and you can do so with an efficiency that would far surpass the market, with all its manipulation and corruption.
It would be my guess that we are only months away from a command economy. The inefficiencies of the planned economies of the Soviet Union and of Red China are well known, but those came in the days before computers really took off. The question really is, just how fast can a worldwide barter system be geared up here to replace the monetary system? I think it is going to evolve on its own, regardless of the machinations of the Illuminati.
At the moment, we do appear to be on a very fast run down the Giant Slalom, but the end of the monetary system isn't necessarily TEOTWAWKI because there still is enough Oil to power the basic systems,and there still are means and methods to move the goods and to barter for them. The dislocation involved here is substantial, I'm not saying you make an Omelette without breaking a Few Eggs. I am saying that I do see a bottom now to this, and I do see a means by which we plateau out for a while while the die off could proceed in a somewhat less drastic fashion than 2/3 of the population dead in a decade or something like that.
Or maybe its just an Acid Flashback
Reverse Engineer