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Idiocy in High Dudgeon -- Modern Economics in Simple Terms By Anna Von Reitz
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Idiocy in High Dudgeon -- Modern Economics in Simple Terms - Monday, October 18, 2021 By Anna Von Reitz
Idiocy in High Dudgeon -- Modern Economics in Simple Terms By Anna Von Reitz
This is an official communication to the High Courts regarding settlement and disbursement of public debts and private assets from the Fiduciary of the The United States of America [Unincorporated].
After the Second World War, someone had to play the world's Debtor, so the good ole USA was chosen to play that role --- even though that makes no intuitive sense at all.
The United States of America won the war, so logically, it was all the other countries who started the war, and those that lost, who should have been "the" debtors. One would think.....
But, that's not what happened at all.
Reality doesn't bend to our suppositions.
The end of the Second World War presented us with a globe in ruins. The people who lost were in ruins. Most of the people who won were in ruins. Most of Europe was a smoking pile of chaos ---and they were supposed to pay the war debt? And rebuild themselves, too?
Not possible. Naught into naught is naught, as my old friend, Jethro Beaudine, would say.
So the USA shouldered the debt of the entire world, accepted all the cost of rebuilding from Britain to Bangkok, kept its industries and people running at full tilt, as if the War was still on, and just changed gears for peacetime production.
And year after year after year the American workers continued to produce, produce, produce and send all the materials and gear necessary to rebuild the world at cut-rate basement bargain prices and even extended vast amounts of cut-rate credit to make it possible for all the other countries to buy what they needed for pennies on the dollar.
It had to be done.
Continue reading http://www.paulstramer.net/2021/10/idiocy-in-high-dudgeon-modern-economics.html
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