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Somehow, whatever you did, ending on the Sybarites was so spectacularly on point in a deeply historical, even subconscious level. History repeating over and over ad infinitum, it seems. The behemoths of today assured of their inevitable victory have a shock coming. As we pull the veil apart and their machinations come to light, there's that hissing sound of snakes in the dark as a rock is lifted.

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Who will rebuild it? An idea has been kicking around in the back of my mind for several years, that that is a degree of chaos, that could be introduced into our system of civilization that would make recovery impossible.

Who will attend to their "virtual job" when it's no longer possible to purchase any thing with money? Once that happens, it's game over.

We'd be could be reduced to bands of people trying to scrape by off the land. But most of us modern slobs would fail miserably. (which would likely result in violence)

I think prior generations were more resilient, because their technology was more "repeatable". A group of people could for the most part move to a new location, start farming/hunting, building their huts etc.

I don't think the "elites" want this kind of total mayhem though. It seems like there is some kind of plan in place to shake us down to a certain point then sweep in with some solution (owning nothing and being happy?)? Will they be able to manage that as well as they imagine though?

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Nothing is both so depressing, and yet enjoyable, as a Rounding the Earth article on the Monetary Wars. That’s a compliment. :)

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Mar 15, 2023Liked by Mathew Crawford

You forgot the funniest part of that story.

The marxist Sybarites founded a fourth attempt at Sybaris after they were conquered twice by the Kroton. The ruins of this fourth attempt were uncovered by excavations in 1949.

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The Fed doesn't issue debt. The Treasury department does. Silicon Valley depositors lost nothing. SVB shareholders lost their shirts. BLACKROCK was one of the biggest shareholders.

Now depositors running to transfer deposits to SIFIS who have the biggest exposure to the Derivative Bubble, helping to delay the SIFIS armageddon.

What depositors don't know is SIFIS are allowed to steal their depositors deposits to protect their balance sheets thanks to the 2010 Dodd-Frank Act. They are walking into a trap.

Look at Cyprus. Depositors took a 47% haircut. This time will be Depositors Bail Ins to bail out banks TBF

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Excellent thank you. Much needed analysis on our civilizational collapse.

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The national debt myth has been ongoing since the 1930s, as the ruling class wants to get everyone else impoverished, while at the same time increasing their own wealth. What is called debt is actually money that's in circulation. If I have a few dollars, does that mean I'm in debt to someone? NO. If almost everyone has a bunch of dollars altogether, they're not indebted just for having those dollars, unless they borrowed them from someone. Most people's money is not borrowed, it's earned, or sometimes donated. When there's lots of money in circulation, so-called national debt, there is prosperity. When there's little money in circulation, there is recession or depression.

In a monetarily sovereign nation like the U.S., tax money is not used for anything. It's destroyed, taking money out of circulation. The U.S. simply creates money any time it spends money on anything. So taxes are meant to reduce the wealth of taxpayers. Only in governments that are not monetarily sovereign is tax money used for government spending, such as in U.S. state and local governments. Even they do not need taxes if they get grants from the federal government.

Whenever the U.S. federal government has cut back on spending, the economy has gone into recession or depression. The Fed has increased spending considerably for over a century and the eternal boogeyman, an economic crash, has never occurred. Economic collapses came close to occurring only when spending was severely restricted.

And inflation occurs mainly only due to major shortages, such as the oil shortage in the 1970s. Money printing is not what causes most inflation.

I made a post on this topic on March 12 at https://ilki.substack.com/p/fiat-money-is-good quoting a blog post by Liz Harris from 5 years ago. She also referenced Rodger Mitchell's site https://mythfighter.com/. As Liz Harris said, any monetary system would work, if it weren't for major corruption, which is severe among top bankers.

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Who is going to rebuild it? Those with skills...

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Is it inevitable that a great number of people will come to the conclusion that we must 'seek out these builders', instead of realizing that we must become them?

cf your recent notes about stew peters

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I thought that to qualify as an advanced civilization, nothing, not a trace would be left behind. Like the code for hikers when venturing into wilderness areas. Why waste any energy. Maybe gifts to the unborn? Anyhow, hopefully the mRNA injections will give rise to a new class of folks who can solve the puzzle of cyclic catastrophism.

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“Also, remember that the Fed controls the interest rates”.

Really? Methinks that a close examination of historical charts shows the FED does not actually control interest rates. The bond market controls interest rates (primarily via the 2 year Treasury) and the FED simply gets in line.

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It seems SVB is the most high profile (yet) failure of the cult of diversity.

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Like Willy Lohman stated when asked why he robbed banks, he said “because that is where the money is.” Silicon Valley is where the tech is, right. They are as much a part of the DOD scam against humanity as anyone, and I include Elon Musk in this.

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Very good thank you. The reasons for the SVB collapsing as opposed to any other bank could have to do with the location as I explain here. It in the names.

https://alphaandomegacloud.wordpress.com/2023/03/13/breaking-news-silicon-valley-bank-bailout/

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The Epstein connection might have something to do with this.

https://www.bitchute.com/video/jxSDqdA2MUB7/

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Those who's strength is in production will throw off those who's strength lies in parasitization? Hail the day!

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