I am
not sure how that vaguely-remembered quote actually goes, but I remember that I
translated it to mean "What good is giving stupid, lazy kids an allowance,
which they use for purposes that I suspect is making them even more stupid and
rude, and so which makes it obviously A Complete Waste of My Money (ACWOMM),
when I could be using that cash to buy more gold, silver and oil so as to
achieve MY dreams of getting the hell out of here, getting a snazzy new car and
some fancy new clothes when gold, silver and oil soar, soar, SOAR in price
thanks to the foul Federal Reserve always creating more and more money and
credit which creates inflation in prices?"
In the
same vein of rambling, run-one sentences and general stinginess, "Or why
should I give the wife a huge grocery budget when she uses most of the money to
buy crappy food that is never in the beer, pizza or taco category, that only
the stupid kids like to eat, as if I care what they want to eat, and is therefore
another example of A Complete Waste of My Money (ACWOMM)?"
I
mention this only because this is a perfect metaphor for the crushing size and
scope of government, most of which is A Complete Waste of My Money (ACWOMM).
But notice
that when times are tough, government keeps on spending!
Not
like you when you get laid off from your stupid job, and your wife is whining
about you going out and getting another job, but nobody is hiring guys who are
old, stupid, completely lacking in any useful skill and do not play well with
others.
And yet
you want to buy some more gold, silver and oil because the treacherous Federal
Reserve is still infamously, tragically, horrifically creating so much more
money and credit that ruinous inflation in consumer prices is guaranteed to
soar, soar, SOAR, and that's when gold, silver and oil likewise soar, making you
millions in profits by buying them now, when they are so low in price, and
maybe then she will shut the hell up if you give her a million or a thousand or
a couple of hundred bucks, but she is currently grumpy and adamant about
eliminating any buying of gold, silver or oil until you get some stupid job.
And you
are too gutless, and too wary of government's distressing history of treating
its people badly (and evermore so lately!), to borrow the money to buy the
gold, silver and oil that you so feverishly, desperately crave, so much so that
you can almost taste the huge profits they will bring when price inflation soon
roars because of all the outrageous amounts of money created, and still being
created by the Federal Reserve!
And,
indeed, the staggering amounts of money and credit being created by the other
central banks of the world, including the World Bank and the International
Monetary Fund (IMF)!
Of
course, dollars are being created for many reasons, one of which is that
Wikipedia reports that interest on the national debt, a line-item in the
federal budget, is scheduled to increase 14% this year! Yow!
Increase
your debt payments by 14% this year and see what happens to YOUR budget!
The
difference is thus made plain: Because you are not stupid or crazy, you won't
borrow yourself into bankruptcy, and only the federal government is stupid
enough, and crazy enough, to borrow itself into bankruptcy by letting the
Federal Reserve create so much money to finance such insane levels of
deficit-spending, so as to foster such a bloated, cancerous,
government-centric, non-profit economy where the various governments are
spending $114,000 this year for each private-sector, profit-making worker in
the Whole Freaking Country (WFC)!
Alas, after
committing such egregious monetary and fiscal sins all these decades, there is
nothing that can be done, because if there WAS something that could be done,
one of the other million-or-so bankrupted governments in the last 4,500 years
of history would have thought of it by now, and they tried everything they
could think of, all to literally no avail, in that it always ended badly,
usually with (look it up!) lots of screaming and associated ugliness except for
people who owned gold and silver.
So, cutting
children's allowances and trimming the food budget to free up cash with which
to buy gold, silver and oil? Ahh! Now
THERE'S an idea worthy of a Nobel Prize!
And if
not a prize, then perhaps I can be consoled with a Huge Freaking Load (HFL) of
can't-miss, dead-bang certain riches. We’ll see!
Either
way, whee! This investing stuff is easy!
Perfect. What's a run-one sentence?
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