What Is The “Debasement Of The Vehicle Of Monetary Exchange”?
Page Index:
- Cost-Effective Depressions
- Cheap Crash-Labor
- Railway Mania.. And There Ain’t No Jobs
- Railway Mania; Baldwin’s “Last Locomotive”
- Better Reasons To Rally The Patriots
- Debtor’s Prisons
- Theft By Taking
- Those Who Control The SpeculativeMarket.. Don’t Speculate
- Government As An Excuse For Debasement; The Green Movement
- The Margin Call
- A Carefully Contrived Occurrence
- Cooking The Books; Why?
- A Vicious Rumor
- Cooking The Books; Why Stop?
- But What Is The Corporation’s Exit Plan?
Historically, for government to stay in power.. something the ”governed” have, or “own” (or have been “given”) has got to depreciate for government to stay.. in power.
Regardless of the size, scope, uncertainty, and unpredictability of global events, markets don’t crash.. markets are crashed. Markets are intentionally debased.
Every major industrial revolution needs a lot of market crashes and a couple new religions to pay for it. The transportation revolution required 10 or more and the information-age revolution will probably require at least ten market crashes to get the revolution paid for.
A debasement is an excuse to start a downturn in the market.
There are an unlimited number of ways to debase a speculative market.
reinhardt’s journal identifies.. debasement tools
Railway Mania & There Ain’t No Jobs
Oftentimes a planned depression begins at a time when there is an unprecedented demand for infrastructure labor.
Debasement of “the vehicle of monetary exchange” that occurs in the early stage of an industrial revolution creates depressive employment environments where regardless of the labor-intensive projects planned (usually under the guise of “urgent national interest”) the labor force is reminded over and over that.. “there ain’t no jobs” after all we are in.. a depression.
Once again.. during this period of time, demand for workers has never been higher, yet somehow.. there ain’t no jobs.
No need to be optimistic about the future job market.. right?
In reality there are too many jobs during every industrial revolution. What is actually meant by “there ain’t no jobs” is.. just like every industrial revolution, “there ain’t no jobs.. that we intend to pay anybody for.”
The following steam and rail revolutions are good examples of this.
Speculation in the U.S. market peaked in August of 1818 and the market began to crash 3 months later in November. In December speculation in commodities and securities began to peak in the English market.
The U.S. market crashed the following year in June of 1819 kicking off a 6-year depression creating a glut of cheap depressed crash-labor. This crash paid for the cost of tarmac for the National Road, the cost of materials for the Erie Canal, the Gas-Light Company of Baltimore, and who knows what global foreign nation infrastructure construction elsewhere?
On the 20th of 1819 (the same month of the U.S. market crash) the ”Savannah” became the first steamship to cross the Atlantic as it arrived in Liverpool from Georgia.
The first steamship to cross the Atlantic.. and there ain’t no jobs?
Other history references have this crossing occurring in 1818 but regardless of whether it was 1818 or 1819 the steamship crossing was still.. the first to cross the Atlantic - not the last.
If it were the last crossing then “there ain’t no more jobs” would sound sensible.
But it gets better.. or at least it gets.. more interesting.
Railway Mania; Baldwin’s “Last Locomotive”
Just as the 6-year depression begins to subside in 1825 Mathias Baldwin opened his machine shop.
In December of 1827 the banking system in Paris, France crashed due to “irrational exuberance” in canals, cotton, and building sites kicking off.. another depression beginning in 1828.
A year later in March of 1829 Andrew Jackson (the first, not last.. freemason democrat president to ride on a train) was elected into office.
The month following President Jackson’s election marked the arrival of the first “actual” locomotive shipped (most were pirated) from Liverpool (again) from the firm of Foster, Rastrick & Company of Stourbridge, England ordered by the Delaware & Hudson Canal Company.
First steamship, first locomotive.. and of course there is a depression.. cause there ain’t no jobs.
Two “next big things” and there ain’t no jobs?
Shouldn’t a few U.S. politicians or political hopefuls be announcing: “Cheer up.. depressed workers!!!” .. “There is a global rail-revolution on its way” .. ” And it looks like its going to last at least 100 mother-f–cking years?”
In August of 1830 Skull & Bones was founded at Yale and the plans for the city of Chicago were laid out.. but there ain’t no jobs.
If only the labor force was told of the actual worker demand.. wouldn’t they be steamed? (sorry)
In April of 1831 Alexis de Tocqueville (a French prison specialist.. as in “debtor’s prisons”) began his journeys in the U.S.
So instead of informing the nation’s workforce that he would be building 1500 railroad locomotives (not including his stationary steam engines) Mathias Baldwin tells the workers in 1832 that he will not be building any more locomotives. So there ain’t gonna be no jobs.
This is how management hides next-big-things from labor forces. Concealing demand is an old trick.
This popular “first versus last” game is called planning a depression and rigging the reality of supply and demand at the start of an industrial revolution to depress the labor force and lower expectations and thus lowering the costs.. of labor.
The Federal Reserve planned a depression in 1987 to lower the expected labor costs for the information age revolution. The Fed crashed the gold market and ”eased depression-era banking limits” but the best they could get was.. a recession.
If the reality of the historic existence of globalization along with industrial revolutions were made public, a couple of questions would arise from the knowledge:
- Why aren’t there any jobs during an industrial revolution?
- Why aren’t there any jobs in a economically globalized world during an industrial revolution?
Between 1835 and 1837 20 percent of the “Officer’s Corp.” resigned due to the lucrative opportunities in the booming railroad business.
It is about this time when President Lyndon Johnson’s great, great, grandfather dies at the Alamo.
“Dying at the Alamo” is a Wall-Street term for “dying in your own bed at home.. as a real-estate trader”.
Here is a list of depression-era railway-mania labor-demand:
- Steam locomotives (foreign & domestic)
- Steam engines (locomotive)
- Steam engines (stationary; deforestation machinery, factories, machinery etc..)
- Steam ships (military & commercial)
- Steam boilers
- Iron
- Steel
- Mining
- Rails
- Rail hardware
- Railway support system
- Freight logistics systems
- Rail center construction
- Town construction along rail-route
- Transportation logistics
All the above was on a global scale. This is why the current population is reinforced in the belief that globalization started yesterday because if globalism and foreign nation building is more than a few hundred years old then a lot of things don’t make sense starting with.. economics.
This above list doesn’t touch the jobs created due to the nascent global telegraph industry and it does not include the canal industry, waterway-modernization, or the textile-boom yet by 1838.. 1/3 of American workers are unemployed.. during an industrial revolution which means it is a perfect time to immigrate cheap Chinese & Irish.. railroad labor?
Obviously the Irish and the Chinese weren’t receiving employment-data over the brand-spankin-new telegraph from the land-of-opportunity. Note: Famines also stabilize wages.
The reality of industrial revolutions: There were so many existing and new jobs and new job descriptions that in 1850 the U.S. Census Bureau began compiling lists of its citizens jobs for (supposedly) the first time.
An economic state of depression and lack of employment opportunity lasted throughout the entire railway revolution throughout the entire globe.
So, no jobs, yet present-day historians are so fascinated with railroads?
Depression-labor, crash-labor, war-labor, debtor-labor, immigrant-labor, convict-labor, conscription-labor, and up till 1864 slave-labor (in the homeland at least) is how industrial revolutions and the government that governed them have always been capable of affording.. any labor.
Apparently the only job-openings in the railroad industry were:
- Robber-barons
- Rail-tycoons
- Rail-moguls
- Railroad-lawyers
- Railroad financiers
did i mention something about supply & demand?
Somehow.. 100 years of depression during an industrial revolution and “no jobs to be found” created “more millionaires then ever”?
Juror and shareholder tip: When you hear the words “more millionaires then ever” enterprise corruption.. is nearby.
The “job-shortage” con-game probably accounts for the reason de Tocqueville observed that.. “it is easier for the world to accept a simple lie.. than a complex truth”.
If the information-age revolution is going to be as successful as the railway-revolution, there are going to have to be at least 100 years or more of economic-depression and a world-war, and a civil-war or two, just to be able to afford the labor-costs.
This goal is referred to by some leaders and statesmen as “Renewing America”.
reinhardt’s journal identifies and presents.. the complex truth
Simple lie: “Ain’t no jobs”
Complex truth: Worker demand during an industrial revolution is.. never greater.
Those Who Control The Speculative Market.. Don’t Speculate.
On September 18, 2007 the “Fed” (one-dude? yeah sure) adjusted the interest-rate and the market.. skyrocketed. Eventually the same dude will be cited as the cause of the debasement by adjusting the interest rate in.. the other direction. People will actually believe that artificial inflation and debasement of the market is caused by.. one dude. It is just like religion.
Government As An Excuse For Debasement; The Green Movement
And just when investment in AEP was looking up on Monday October 8th 2007, along comes an announcement on Tuesday of a “landmark multi-billion dollar pollution settlement”.
This is how the government can and will step in to debase the share value of a corporation’s stocks just after the corporate-insiders and “blind-trust” investors in Congress sell their shares of course. And who can argue. After all pollution is a problem right?
So get ready to blame Al Gore and the left for suddenly and without warning (to the outside-investors) debase the share value of publicly-traded corporations.
This is an old trick.
The British pulled this little big-government debasement number with the Boston Land Bank in 1740 while Ben Franklin was busy printing cash and pretending to debate the pros and cons of paper-money. The British government blamed the debasement on the grounds that the bank was breaking previous legislation passed to pretend to resolve the South Sea Bubble (that is the one Issac Newton pretended to lose money in; note: losing other people’s money does not really fit into the category of “losing money”).
Reasons To Rally The Patriots
- European banks and European corporate monopolies.
Here are five good financial reasons that could have been used to rally the patriots against England starting with re-coinage in 1607:
- 1607
- 1622
- 1637
- 1720
- 1763
The events of all of these dates took money out of ordinary English colonist’s pockets all over the entire globe and not once did the founding fathers bring them up?
Why hide it?
The events of each one of these dates created more Eurpoean millionaires in England and in English-colonies.. than “ever before”.
Here is another reason: It took the colonists 310 years from the first-landing at Jamestown to discover that the English monarchy was German.
For another reason.. how about competing with slave wages for the first 258 years of American history?
The Margin-Call
The purpose of the invention of the margin-call is to intentionally debase the market.. when needed.
Cooking The Books: Why?
The reason you begin to put s–t on your corporate balance sheet is:
- You cannot afford labor
- To inflate the share value of your corporate stock.
Executives and accountants sometimes excuse the practice by labeling it: “meeting Wall-Street expectations” which offers one of the primary “reasons” why Wall-Street and every stock exchange throughout the world.. exists.
The go-go 90s was not a boom.
The go-go 90s was a phony market, based on inaccurate accounting.
A “Vicious Rumor”
A vicious rumor is a good thing.. if a company is attempting to intentionally debase the value of its own shares or debase the sector in which the companies exist in the market-place.
Cooking The Books; Why Stop?
The only reason to stop cooking the books and putting s–t on the corporate balance sheet is to intentionally panic and hopefully crash the value.. of the outside investor’s holdings.
If you have been cooking your company’s books for 9 years.. why not cook them for.. 10?
But What Is The Corporation’s Exit Plan?
continue tour: What Role Does Monopolization Of Industry Play In Enterprise Corruption?
