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Stephen Abrahams's avatar

Hi Tim. A few days ago I finished reading your excellent, but now rather dated book โ€˜Investing through the Looking Glassโ€™.

It is a succinct explanation of the sheer lunacy behind the foundation of the modern global financial system.

I am very concerned by the vertiginous mountain of irredeemable debt which has been created out of thin air by the central banking system at the behest of the economically illiterate class of politicians. Governments who have promised an equally economically illiterate electorate a way of life that they are unable to pay for ie the supposedly civilised world has been living on the equivalent of the โ€˜never, neverโ€™. A way of life which was originally labelled as hire purchase and which was considered to be a financially absurd way of life, undertaken by those unable to afford what they desired to own.

That that debt has been made possible via a digital existence funded by that mountain of irredeemable debt by bankers who have destroyed the concept of monetary value has also created a world in which control of society is now vested in a technological elite. That chaos is becoming inevitable has been recognised by the those self same bankers via their attempt to inflict Central Bank Digital Currencies on the seemingly supine electorates around the globe. A system which hands total control over the future existence of those electorates which accept them.

Stephen Abrahams's avatar

Forgot to mention that your book, whilst now dated, still points to the overwhelmingly obvious reason why we have arrived at where we are. Iโ€™m interested to know your views on the clear dangers inherent in the introduction of CBDCโ€™s.

Tim Price ๐Ÿ˜ƒ's avatar

CBDCs are a solution in search of a problem. The only people who want them are sociopathic anti-human control freaks. They must be resisted at all costs. Nigeria's experience of the eNaira suggests CBDC will fail anyway.

DD.'s avatar

Everything Hollywood is what helped get us in this mess. Superman was suppose to save us remember ! Or Spiderman

would surely show up. Too many cartoons. Fantasy became reality. Growing up

became optional. Responsibility reverted to self only and running away

was the answer to not knowing what to do after success fell in.