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Top Three Videos – August 29, 2024

Rafi Farber: The Dollar Collapse Will End The Wars (Aug 27, 2024)

Liberty and Finance...

Summary

 

The current economic system, fueled by inflation and a corrupt government, is on the verge of collapse, and its demise will ultimately lead to a return to a more authentic and sustainable system, potentially based on gold and silver, and a new era of human freedom and prosperity.

 

Here are the 2 categories to sort the insights:
 
  • The reverse repo facility is showing that this crack in the system could really be breaking soon.
  • Inflation eventually leads to the incredible Corruption of government to the point they will take everything from you because they get addicted to their own inflation.
  • The collapse of the dollar will mean that people will have to work on real things instead of fantasies of destroying reality, and will no longer be able to fund “BS” with worthless money.
  • The next printing round could be the end of the dollar and the start of hyperinflation.
  • Silver is going to be the ultimate bell ringing at the end of this, with a return to the natural monetary ratio of 15 to 1, which will render derivatives of gold and silver useless.
  • The end game will be a real Renaissance for Humanity.
     
  •  
  • The dollar is responsible for war.
  • It’s not so much that we have to end this system as we have to end the inflationary part of the system in return to gold which still is on the fed’s balance sheet.
  • Freedom of speech is really the last Bastion of any Liberty that we have left.
  • Those who acquire and salvage capital, the “stackers”, will be in charge of rebuilding society from the ground up.

Thomas Sowell: The Stupidity of Kamala Harris' $25000 Housing Incentive (Aug 28, 2024)

Thomas Sowell...

Summary

 
 

Government intervention in housing markets, such as rent control, can actually drive up costs and reduce affordability, rather than achieving its intended goal of making housing more affordable.

 

  • The biggest economic fallacy about housing is that affordable housing requires government intervention.
  • New York and San Francisco, despite having long and severe rent control laws, have the highest rents in the country.
  • The people either reduce the amount of housing they build or they stop building housing all together.
  • Before government intervention in housing markets, people paid a smaller percentage of their expenditures for housing, suggesting that government involvement may have driven up costs.
  • Rent control benefits politicians, but harms both landlords and tenants, who lose in different ways, such as unaffordable prices and reduced profits.
  • Even growing populations and rising incomes do not cause housing prices to shoot up when builders are allowed to construct homes and apartments without severe government restrictions.
  • A house that would cost $155,000 in Houston would cost a million dollars in San Francisco.
  • The government’s intervention is needed to keep the prices from falling, otherwise, the prices would naturally decrease.
 

Jayant Bhandari: The World’s Changing Demographics (Aug 25, 2024)

Capitalism and Morality...

Summary

 
 

The Western world, particularly the United States and Canada, is headed towards a civil war and eventual collapse due to the increasing demographic shift towards a third-world majority, which will lead to a loss of political power and cultural identity for ethnic Europeans.

 

  • My guest my best guess is that the last Act of this half millennia Long play will be a civil war not just in Canada but Across the Western World.
  • Ethnic Europeans, who were 27% of the world’s population in 1955, will diminish to 6% by 2050 and lose all political power as the West will have a third world majority.
  • Education on an irrational mind that processes information through magical thinking is burdensome, making such people worse than their uneducated counterparts.
  • “They actually become frustrated isolated and inward-looking as time passes so while I have defined so far how bad the third world world is the people of the third world, once they come to the first world actually become worse.”
  • “The third world people with their irrationality immorality and tribalism will be in charge of the United States.”
  • The proportion of intelligent people continues to fall among ethnic Europeans because every European country has encouraged intelligent people to have fewer children while encouraging less intelligent people to have more children.
  • Once a couple of election cycles are over, the popular vote will consistently trump the electoral college, making it impossible for right-wing people to win elections again in the United States.
  • The West has committed harakiri, it has committed suicide and devoted itself to a lifelong to a to a long a several generation long Civil War and masses scale culling.
     
Critique of Third World Cultures and Societies
 
  • India’s Prime Minister Modi, who was once banned from entering the US, was allegedly behind a murder in Canada and attempted a murder in the US.
  • The third world will continue to fall apart without the whip of the United States, they will go insane, they will go tribal and they will fall apart and they will get lost in famine and War.
  • Democracy in Third World countries is a complete disaster, which is why the US doesn’t want to interfere in countries like Saudi Arabia, preferring to keep them under dictatorship.
  • They have no empathy, when they kill someone, they kill people very slowly, putting a tire on their heads, petrol in the tire, and giving a matchstick to the person to make sure they light their own tire.
  • “They don’t have any culture. They don’t have any morality. They are irrational people and as a result, it’s their base instincts that completely control them.”
  • Africans have never created a civilization.
     

Demographic Shifts and Population Trends

 
  • Africa’s population will increase 10 times in less than a century, from a quarter of a billion people to 2.5 billion people by 2050.
  • 50% of US children under the age of 18 are members of ethnic minorities, meaning that even if all immigration stopped, America will have an ethnic European minority within 10 to 15 years.
  • The African population will tend to grow exponentially, but only as long as European agriculture and technology support it.
 

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