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08/10/2023

ZELENSKY’S IRON FIST OF ‘DEMOCRACY’

There is no so-called ‘democracy’ in Ukraine.

The Chilean-American journalist, Gonzalo Lira, tried to find sanctuary in Hungary. Instead of escaping there, he was instead arrested again by Zelensky and he is now being threatened with more torture, beatings, and a five year sentence to a hard labor camp. Fellow prisoners have told Lira that it would most likely be a death sentence.

Lira used his free speech to deliver honest reporting about the war in Ukraine, but the real truth cannot be allowed to be heard. Since his reports were not slanted toward the ‘pro-Ukraine’ propaganda that we receive constantly here in the USA, Lira was vilified, arrested, and tortured.

What did the Biden Administration do? Absolutely nothing. Since Lira is not shoveling pro-war propaganda that’s delivered by America’s legacy media on a daily basis, he’s left to face the brutal fist of Ukrainian tyranny. It’s laughable how our presstitute media constantly calls Ukraine a ‘democracy.’ It’s not. The media and our corrupt politicians rarely have anything to say about LIra, and when they do they refer to him as being a ‘shill for Putin.” Sound familiar? Anyone who is against the war gets called that.

There is no so-called ‘democracy’ in Ukraine. There is no freedom of the press there. There is no freedom of religion there (Zelensky shut down all the Russian Orthodox churches in Ukraine). There is no accountability or transparency there. American taxpayer dollars are being siphoned off and pocketed by Ukraine’s corrupt leadership while young Ukrainians are being rounded up and forced into the meat grinder.

Ukraine is losing the war—a war that NATO helped start when they installed Zelensky—who then promptly began shelling native Russians in the Donbas region. Putin soon had enough of watching Russians being murdered while NATO constantly provoked war on Russia’s doorstep.

Rather than admit the futility of the situation, the US war machine will continue to send more money and weapons to Ukraine. It’s sickening. Meanwhile, Gonzalo Lira will face a grim fate because the US will shamefully do nothing to help him.

—Ben Garrison

Weimar Republic Hyperinflation through a Modern Monetary Theory Lens

Phil Armstrong and Warren Mosler

2020


"we identify the rise in the quantity of money and the printing of increasing quantities of banknotes as a consequence of the hyperinflation, rather than its cause."

"The presumption of a money supply fixed by the government, however, applies to a convertible, fixed exchange rate currency, such as existed under the gold standard. This relegates the applicability of the quantity theory of money to fixed exchange rate regimes and
makes it entirely inapplicable to today’s floating exchange rate regimes (as well as in the
Weimar Republic) where the government does not offer convertibility at a fixed rate."

"After a decades-long search for an ‘M’- a monetary aggregate that correlates to and leads to inflation- mainstream economics today has moved on to its current position of inflation expectations being the cause of inflation. ...Central banks have, in fact, developed intricate methodologies to
measure inflation expectations to guide policy, while their researchers have struggled to find evidence of the validity of the theory."

"The funds to pay taxes and net save come only from the government or its agents (Bell 1998); the currency itself is a public monopoly and therefore the price level, as a point of logic, is necessarily a function of prices paid by the government (Mosler 1993). Said another way, the value of the currency is a function of what economic agents must do in order to obtain it from the government and its designated agents, directly or indirectly. With the currency a public monopoly (imperfect competition) mainstream
quantity theory, inflation expectations theory and the neutrality of money are not applicable."

"The value of the currency is defined by what a given amount of it can buy. So, for example, if the government increases purchases at current prices, regardless of the quantity of money spent, that additional (price constrained) spending has not driven up prices, and the value of the currency has not been altered. However, if the government instead pays more for the same items purchased, the value of the currency, by definition, has become lower, as it takes more of it to buy the same quantity than was previously the case."

"Ormazabal (2008) recognizes that taxes would have to be raised to reduce German consumption so that
sufficient goods and services would be available to transfer to the Allies: ‘It is understood that
the Germans cease to consume because they part with money’ (Ormazabal 2008: 10). He
further reasons that if the need for German money to pay for the German exports equalled the
German currency the Agent General converted into foreign exchange, the transfer of German money for reparations to the Agent General would not destabilize the foreign exchange
markets. However, if taxes are not sufficient to reduce German consumption exports revenues
will not be sufficient, causing the exchange rate for the mark to fall. And a fall in the German
exchange rate would make it increasingly burdensome for Germany - via the Agent General - to obtain the required foreign currency to meet its reparation liabilities."

"We, in general, agree with this summation, enhanced further with MMT insights. Due to taxation being set at too low a level, payment of reparations resulted in higher levels of German
deficit spending. In addition, the higher interest rates implemented to fight the inflation further
increased the deficit (a point missed in orthodox narratives; see Appendix 2). We would also
point out that this deficit spending was not only for purchases of real goods and services and
payment of interest, but also for purchases of foreign exchange by the Agent General. Purchases of foreign exchange (and gold) are, functionally, deficit spending, even though they
are not accounted for as such but only as asset purchases by the central bank. Thus, we
argue that, as a practical matter, the stated accounts underestimate the size of deficits.
Importantly, with both insufficient tax liabilities and compliance, German purchases of foreign
exchange could only take place at continuously higher prices. MMT provides important insights here, namely that it was the higher prices paid that were the cause of the increase in
the price level, and only if real wages had been sufficiently lowered to the point of reducing domestic consumption and increasing exports could Germany have bought the required
foreign exchange without paying higher prices."




Weimar-Republic-Hyperinflation-through-a-Modern-Monetary-Theory-Lens https://moslereconomics.com/mandatory-readings/weimar-republic-hyperinflation-through-a-modern-monetary-theory-lens/

Alex in Russia - Ukraine Update1 - Odessa blockade - F16s not Leopard tanks - Orthodox priest arrested - Clooney goes after Wagner - 7-20-2023

https://www.brighteon.com/73772e13-4003-4bff-a2c1-d254b257a802

Daily Update on the Ukraine situation from 'The Duran's' Alex Christoforou. Alex lends his well seasoned reasoning to his broadly researched fact base for some of the best cutting edge geopolitical analysis you'll find anywhere.  https://theduran.locals.com/https://gab.ai/TheDuranhttps://rumble.com/c/AlexChristoforouhttps://rokfin.com/TheDuranhttps://odysee.com/@alexchristoforou:71 MONTH FREE TRIAL:https://theduran.locals.com/support/p...THE DURAN SHOPhttp://drnshop.comALEXANDER: https://www.youtube.com/AlexanderMerc...ALEX: https://www.youtube.com/alexchristoforou*****DONATE*****CREDIT CARD: https://donorbox.org/the-duranSUBSCRIBE STAR: https://subscribestar.com/theduranPATREON: https://patreon.com/theduranFREE SPEECH PLATFORMSTELEGRAM: https://t.me/thedurancomGAB: https://gab.ai/TheDuranMINDS: https://minds.com/theduranPARLER: https://parler.com/profile/theduran/p...MEWE: https://mewe.com/i/theduranVK: https://vk.com/thedurancomOK: https://ok.ru/group/60904083488959DISCORD SERVER: https://discord.gg/7qFhcjHaeFAmazing music contribution from Peter Brown.Follow Peter's music:  https://soundcloud.com/peterboy100LOCALS COMMUNITYhttps://theduran.locals.com

www.brighteon.com

Videos

04/02/2023

Ukrainian Orthodox Christians protesting in the streets after President Zelenskyy orders the SBU (Ukrainian KGB) to arrest Bishops and confiscate church property.

12/21/2022

Check out our partner for this episode, www.createtailwind.com

Zelensky arrives in U.S. to ask Congress for 45 Billion dollars in additional aid, only days after he moves to ban the Ukrainian Orthodox Church. So why are some still claiming he is a Defender of Freedom?

Circles

Sorry, no results were found.

Videos

04/02/2023

Ukrainian Orthodox Christians protesting in the streets after President Zelenskyy orders the SBU (Ukrainian KGB) to arrest Bishops and confiscate church property.

12/21/2022

Check out our partner for this episode, www.createtailwind.com

Zelensky arrives in U.S. to ask Congress for 45 Billion dollars in additional aid, only days after he moves to ban the Ukrainian Orthodox Church. So why are some still claiming he is a Defender of Freedom?

Posts

08/10/2023

ZELENSKY’S IRON FIST OF ‘DEMOCRACY’

There is no so-called ‘democracy’ in Ukraine.

The Chilean-American journalist, Gonzalo Lira, tried to find sanctuary in Hungary. Instead of escaping there, he was instead arrested again by Zelensky and he is now being threatened with more torture, beatings, and a five year sentence to a hard labor camp. Fellow prisoners have told Lira that it would most likely be a death sentence.

Lira used his free speech to deliver honest reporting about the war in Ukraine, but the real truth cannot be allowed to be heard. Since his reports were not slanted toward the ‘pro-Ukraine’ propaganda that we receive constantly here in the USA, Lira was vilified, arrested, and tortured.

What did the Biden Administration do? Absolutely nothing. Since Lira is not shoveling pro-war propaganda that’s delivered by America’s legacy media on a daily basis, he’s left to face the brutal fist of Ukrainian tyranny. It’s laughable how our presstitute media constantly calls Ukraine a ‘democracy.’ It’s not. The media and our corrupt politicians rarely have anything to say about LIra, and when they do they refer to him as being a ‘shill for Putin.” Sound familiar? Anyone who is against the war gets called that.

There is no so-called ‘democracy’ in Ukraine. There is no freedom of the press there. There is no freedom of religion there (Zelensky shut down all the Russian Orthodox churches in Ukraine). There is no accountability or transparency there. American taxpayer dollars are being siphoned off and pocketed by Ukraine’s corrupt leadership while young Ukrainians are being rounded up and forced into the meat grinder.

Ukraine is losing the war—a war that NATO helped start when they installed Zelensky—who then promptly began shelling native Russians in the Donbas region. Putin soon had enough of watching Russians being murdered while NATO constantly provoked war on Russia’s doorstep.

Rather than admit the futility of the situation, the US war machine will continue to send more money and weapons to Ukraine. It’s sickening. Meanwhile, Gonzalo Lira will face a grim fate because the US will shamefully do nothing to help him.

—Ben Garrison

Weimar Republic Hyperinflation through a Modern Monetary Theory Lens

Phil Armstrong and Warren Mosler

2020


"we identify the rise in the quantity of money and the printing of increasing quantities of banknotes as a consequence of the hyperinflation, rather than its cause."

"The presumption of a money supply fixed by the government, however, applies to a convertible, fixed exchange rate currency, such as existed under the gold standard. This relegates the applicability of the quantity theory of money to fixed exchange rate regimes and
makes it entirely inapplicable to today’s floating exchange rate regimes (as well as in the
Weimar Republic) where the government does not offer convertibility at a fixed rate."

"After a decades-long search for an ‘M’- a monetary aggregate that correlates to and leads to inflation- mainstream economics today has moved on to its current position of inflation expectations being the cause of inflation. ...Central banks have, in fact, developed intricate methodologies to
measure inflation expectations to guide policy, while their researchers have struggled to find evidence of the validity of the theory."

"The funds to pay taxes and net save come only from the government or its agents (Bell 1998); the currency itself is a public monopoly and therefore the price level, as a point of logic, is necessarily a function of prices paid by the government (Mosler 1993). Said another way, the value of the currency is a function of what economic agents must do in order to obtain it from the government and its designated agents, directly or indirectly. With the currency a public monopoly (imperfect competition) mainstream
quantity theory, inflation expectations theory and the neutrality of money are not applicable."

"The value of the currency is defined by what a given amount of it can buy. So, for example, if the government increases purchases at current prices, regardless of the quantity of money spent, that additional (price constrained) spending has not driven up prices, and the value of the currency has not been altered. However, if the government instead pays more for the same items purchased, the value of the currency, by definition, has become lower, as it takes more of it to buy the same quantity than was previously the case."

"Ormazabal (2008) recognizes that taxes would have to be raised to reduce German consumption so that
sufficient goods and services would be available to transfer to the Allies: ‘It is understood that
the Germans cease to consume because they part with money’ (Ormazabal 2008: 10). He
further reasons that if the need for German money to pay for the German exports equalled the
German currency the Agent General converted into foreign exchange, the transfer of German money for reparations to the Agent General would not destabilize the foreign exchange
markets. However, if taxes are not sufficient to reduce German consumption exports revenues
will not be sufficient, causing the exchange rate for the mark to fall. And a fall in the German
exchange rate would make it increasingly burdensome for Germany - via the Agent General - to obtain the required foreign currency to meet its reparation liabilities."

"We, in general, agree with this summation, enhanced further with MMT insights. Due to taxation being set at too low a level, payment of reparations resulted in higher levels of German
deficit spending. In addition, the higher interest rates implemented to fight the inflation further
increased the deficit (a point missed in orthodox narratives; see Appendix 2). We would also
point out that this deficit spending was not only for purchases of real goods and services and
payment of interest, but also for purchases of foreign exchange by the Agent General. Purchases of foreign exchange (and gold) are, functionally, deficit spending, even though they
are not accounted for as such but only as asset purchases by the central bank. Thus, we
argue that, as a practical matter, the stated accounts underestimate the size of deficits.
Importantly, with both insufficient tax liabilities and compliance, German purchases of foreign
exchange could only take place at continuously higher prices. MMT provides important insights here, namely that it was the higher prices paid that were the cause of the increase in
the price level, and only if real wages had been sufficiently lowered to the point of reducing domestic consumption and increasing exports could Germany have bought the required
foreign exchange without paying higher prices."




Weimar-Republic-Hyperinflation-through-a-Modern-Monetary-Theory-Lens https://moslereconomics.com/mandatory-readings/weimar-republic-hyperinflation-through-a-modern-monetary-theory-lens/

Alex in Russia - Ukraine Update1 - Odessa blockade - F16s not Leopard tanks - Orthodox priest arrested - Clooney goes after Wagner - 7-20-2023

https://www.brighteon.com/73772e13-4003-4bff-a2c1-d254b257a802

Daily Update on the Ukraine situation from 'The Duran's' Alex Christoforou. Alex lends his well seasoned reasoning to his broadly researched fact base for some of the best cutting edge geopolitical analysis you'll find anywhere.  https://theduran.locals.com/https://gab.ai/TheDuranhttps://rumble.com/c/AlexChristoforouhttps://rokfin.com/TheDuranhttps://odysee.com/@alexchristoforou:71 MONTH FREE TRIAL:https://theduran.locals.com/support/p...THE DURAN SHOPhttp://drnshop.comALEXANDER: https://www.youtube.com/AlexanderMerc...ALEX: https://www.youtube.com/alexchristoforou*****DONATE*****CREDIT CARD: https://donorbox.org/the-duranSUBSCRIBE STAR: https://subscribestar.com/theduranPATREON: https://patreon.com/theduranFREE SPEECH PLATFORMSTELEGRAM: https://t.me/thedurancomGAB: https://gab.ai/TheDuranMINDS: https://minds.com/theduranPARLER: https://parler.com/profile/theduran/p...MEWE: https://mewe.com/i/theduranVK: https://vk.com/thedurancomOK: https://ok.ru/group/60904083488959DISCORD SERVER: https://discord.gg/7qFhcjHaeFAmazing music contribution from Peter Brown.Follow Peter's music:  https://soundcloud.com/peterboy100LOCALS COMMUNITYhttps://theduran.locals.com

www.brighteon.com

04/27/2023

Externals vs. Internals

April 27, 2023
by Pastor Chuck Swindoll
Scriptures: Colossians 3:12–14; James 5:11

We give great honor to those who endure under suffering. For instance, you know about Job, a man of great endurance. You can see how the Lord was kind to him at the end, for the Lord is full of tenderness and mercy. (James 5:11)
The nation to whom the prophet Isaiah wrote was going through the empty motions of a hollow religion. All the right words, all the right appearances, but zero results. They even fasted and prayed. I suppose we could say they looked and sounded orthodox, but they missed God's favor. They observed the external Sabbath, but they lacked the internal Shalom. Why? Don't hurry through the answer (Isa. 58:6–12). It's worth reading aloud, perhaps more than once.

Is this not the fast which I choose, to loosen the bonds of wickedness, to undo the bands of the yoke, and to let the oppressed go free and break every yoke? Is it not to divide your bread with the hungry and bring the homeless poor into the house; when you see the naked, to cover him; and not to hide yourself from your own flesh? Then your light will break out like the dawn, and your recovery will speedily spring forth; and your righteousness will go before you; the glory of the LORD will be your rear guard. Then you will call, and the LORD will answer; you will cry, and He will say, "Here I am." If you remove the yoke from your midst, the pointing of the finger and speaking wickedness, and if you give yourself to the hungry and satisfy the desire of the afflicted, then your light will rise in darkness and your gloom will become like midday. And the LORD will continually guide you, and satisfy your desire in scorched places, and give strength to your bones; and you will be like a watered garden, and like a spring of water whose waters do not fail. Those from among you will rebuild the ancient ruins; you will raise up the age-old foundations; and you will be called the repairer of the breach, the restorer of the streets in which to dwell.

04/03/2023

https://davidicke.com/2023/04/03/fascist-dictator-zelensky-demands-orthodox-church-leader-put-under-house-arrest/

KYIV, Ukraine (AP) – Ukraine’s top security agency notified a top Orthodox priest Saturday that he was suspected of justifying Russia’s aggression, a criminal offense, amid a bitter dispute over a famed Orthodox monastery. Metropolitan Pavel, the abbot of the Kyiv-Pechersk Lavra monastery, Ukraine’s most revered Orthodox site, has strongly resisted the authorities’ order to vacate the [...]

davidicke.com