KunstlerCast 270 — Gabbing With David Collum

7 Responses to “KunstlerCast 270 — Gabbing With David Collum”

1. Frankiti September 1, 2015 at 6:42 pm #

   That was a memorable podcast, although I felt that it was cut short, only because Mr. Collum was on a roll… droppin’ F-bombs unapologetically, when the subject of university victimhood and runaway PCness was brought up with perhaps 5 minutes left. I could have listened to an hour’s worth of dirt from inside the ivory towers…
2. Bebf September 7, 2015 at 2:27 pm #

   It would be interesting to hear more about the runaway PC-ness.
3. DC Jones September 9, 2015 at 2:03 am #

   Mr Kunstler, aside from coins and federal reserve notes, which are only a small fraction of the US “money supply,” all the money is in banks. Corporations and hedge funds don’t have it. ALL the digital dollars are in banks. Digital dollars disappear when the loans that created the digital dollars are repaid. If the loans are not repaid the money is always in the banks, or the banks/government declare the debts null and void the digital dollars disappear. They create money by decree, and destroy it the same way, but always remember virtually all the money is in the banks. Digital dollars are always in a bank, and never anywhere else. Hyperinflation already exists, but it is sequestered in the banks digital dollar system. When the digital dollar fails, those that have Federal Reserve Notes will still be in control, because they are the only money Americans know and are the only legal money aside from coins. If you think it through, why would anyone listen to some “rich” asshole if his money is as worthless as yours or mine? Contrary to what you you think, they know exactly what they are doing, because what is happening is not only predictable but inevitable. If you think the people that have been able to keep the world afloat on hot air for this long are fools, then who might the fool be? Do fools run the world, or do the “foolers” run the world?
   • DC Jones September 10, 2015 at 5:16 pm #

     clerical error. after the word void “, and” is missing.
4. TravisB September 9, 2015 at 11:09 am #

   Quick hypothetical quandary… So today I go on craigslist looking for a guitar. I find one at a good price. Plan on meeting tomorrow, with cash, to pick up.
   That night catastrophic failure of word markets. The dollar becomes fire starter on the world scene.
   The next day I bring my cash to meet person with guitar. Transaction is complete. We make passing comments about last nights fiasco. We then both walk away satisfied with transaction.

   So. Formal economy crumbles…does physical dollar, after losing formal economy worth, retain it’s worth in informal economy (cottage industry’s, black market, etc..) based strongly on value given to physical dollars having little to do with stock markets?
   Thank for your work!
   • TravisB September 9, 2015 at 4:13 pm #

     Sorry, that last part is a bit awkward to read. I was being rushed, my wife needed the can 😉
5. brendonius September 13, 2015 at 9:29 am #

   I liked the podcast, but was dismayed by the last part discussing PCness. I have mixed feelings about the subject that are well represented in a recent NYTimes op-ed. Like the author suggests, we are getting caught in a partisan quagmire that only benefits the bloated admin class in the world of corporate academia. Please check it out.

   http://www.nytimes.com/2015/09/13/magazine/why-we-should-fear-university-inc.html?ref=magazine&_r=0

   

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