> What are the biggest errors in that post? Say top 3, that are easy to prove are false. There's a bunch of rambling in the post, but: > The governments of al

> What are the biggest errors in that post? Say top 3, that are easy to prove are false. There's a bunch of rambling in the post, but: > The governments of all countries 'print' new money at a steady rate; simultaneously devaluing all their currencies. Money in modern economies is done via credit creation at private banks: * https://www.bankofengland.co.uk/quarterly-bulletin/2014/q1/money-in-the-modern-economy-an-introduction https://www.bankofengland.co.uk/quarterly-bulletin/2014/q1/m... * https://papers.ssrn.com/sol3/papers.cfm?abstract_id=1905625 https://papers.ssrn.com/sol3/papers.cfm?abstract_id=1905625 * https://rationalreminder.ca/podcast/132 https://rationalreminder.ca/podcast/132 > They do this by issuing bonds, some of those bonds are bought up by the markets but most bonds are bought up by reserve banks using money that they printed out of nothing (mostly digitally). The first sentence and second sentence are in contradiction: is money created by the government or the banks? And couldn't the money created by private banks (who are part of the reserve system) be used for other things like mortgages, business loans, etc? If you're talking about central banks (like the US Fed) and 'quantitative easing' (QE), then they don't buy bonds from the government, but on the open market. And there's a decent argument to be made that QE is in fact deflationary: * https://www.pragcap.com/wait-qe-might-be-deflationary/ https://www.pragcap.com/wait-qe-might-be-deflationary/ In most of the world, QE wasn't really done except for COVID, where governments needed to support people during lockdowns and the resulting economic slow/shutdowns. And when QE was running in the US during the 2010s the CPI (and PCE) was quite low (as it was in most countries during that it period), which is in stark contrast to the predictions that right-leaning, hard-money folks made: > We believe the Federal Reserve’s large-scale asset purchase plan (so-called “quantitative easing”) should be reconsidered and discontinued. We do not believe such a plan is necessary or advisable under current circumstances. The planned asset purchases risk currency debasement and inflation, and we do not think they will achieve the Fed’s objective of promoting employment. * https://www.hoover.org/research/open-letter-ben-bernanke https://www.hoover.org/research/open-letter-ben-bernanke > Governments give out increasingly large contracts to large corporations to produce systems, weapons, etc... that add no value to citizens' lives but merely exists to control and passify them. Also roads, bridges, health care, education. Certainly weapons (just ask Ukraine and Taiwan and any country around the South China Sea). A lot of folks say that the US spends too much on the military, but perhaps it is that other countries spend too little. NATO members have a agreement/guideline/target to spend 2% of their GDP on defence, but most members have not done that for years (if not decades)—and suddenly they are: * https://www.nato.int/cps/en/natohq/topics_49198.htm https://www.nato.int/cps/en/natohq/topics_49198.htm * https://aviationweek.com/defense-space/budget-policy-operations/germany-pledges-2-defense-budget-meet-nato-spending-target https://aviationweek.com/defense-space/budget-policy-operati... Perhaps it was a matter of the US picking up everyone else's slack. > So not only is all money created by the government, but the taxation system ensures that money cannot travel too far from that government. What about "reserve banks"? Does all of that "money that they printed out of nothing" go to buying government bonds… or perhaps some is used in the private economy? (This goes back to the contradictions in the first paragraph.) Also, how many people work directly for the government (including teachers, building inspectors, food safety, etc), and then spend in their community: how separated is the barber of a DMV employee from "money created by the government" (which it really isn't: see above). > How can big cities afford to accommodate millions of people working bullshit office jobs that add no value? Now you know. Where I live, when right-leaning candidate Rob Ford ran for mayor for Toronto, Ontario, Canada in 2010 his rallying cry was about "stopping the gravy train" of waste. Turns out after an extensive audit he ordered, there's wasn't any: * https://archive.ph/3vPyp https://archive.ph/3vPyp / https://www.theglobeandmail.com/news/toronto/turns-out-its-not-all-gravy/article625922/ https://www.theglobeandmail.com/news/toronto/turns-out-its-n... Of course his brother, now the premiere of Ontario, Canada, still goes on about waste at Toronto, but (two) thrid-party audits have (yet again) not find much: * https://archive.ph/V56wn https://archive.ph/V56wn / https://www.thestar.com/opinion/star-columnists/audits-derailed-doug-ford-s-claims-of-a-gravy-train-at-city-hall-so-why/article_782d576a-043b-5ed3-ab21-59cf1bc9ca3f.html https://www.thestar.com/opinion/star-columnists/audits-derai... I think the GP has the same mindset as the Ford brothers. And there's a reasonable argument to be made that more bureaucracy is needed in the US (where I'm guessing the GP is based in): * https://www.noahpinion.blog/p/america-needs-a-bigger-better-bureaucracy https://www.noahpinion.blog/p/america-needs-a-bigger-better-... > This is barely scratching the surface. I could write a book about it... But nobody would buy it... Because the media is monopolized and nobody would know the book exists. Not only that, but nobody who has money to buy the book has an incentive to understand this information... And they certainly won't be recommending it to their friends... OP could self-publish a book or start writing a weblog/newsletter. Plenty of folks that put forward ideas explaining the conspiracies that trap people have had best sellers: * https://www.goodreads.com/book/show/66499.The_Creature_from_Jekyll_Island https://www.goodreads.com/book/show/66499.The_Creature_from_... * https://en.wikipedia.org/wiki/G._Edward_Griffin https://en.wikipedia.org/wiki/G._Edward_Griffin > The system is basically as unjust as it can possibly be while still just barely avoiding being exposed as such. Society has become an epic PsyOp; complete with eugenics and elite selection; selecting for increasingly delusional, hypocritical and/or oblivious leaders who can continue running the system while it becomes increasingly dysfunctional. Society is a victim to PsyOp where most of the sheeple^H^H^H^H^H^H^H people don't know what's happening. Yeah. > The moment when a business leader starts to notice that something is off is the moment that they retire and get replaced by someone who is even more delusional/oblivious and who can take the company/organization to the next level, unimpeded by common sense or principles. What does this even mean? If you want to look at the "biggest errors" in the post consider breaking things down into the (semi-)rational and the conspiratorial, and consider how one may provide feedback into another.