Open (More or Less) Post on Covid 67
Nov. 15th, 2022 01:05 pm![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png)

So it's time for another open post. The rules are the same as before:
1. If you plan on parroting the party line of the medical industry and its paid shills, please go away. This is a place for people to talk openly, honestly, and freely about their concerns that the party line in question is dangerously flawed and that actions being pushed by the medical industry et al. are causing injury and death. It is not a place for you to dismiss those concerns. Anyone who wants to hear the official story and the arguments in favor of it can find those on hundreds of thousands of websites.
2. If you plan on insisting that the current situation is the result of a deliberate plot by some villainous group of people or other, please go away. There are tens of thousands of websites currently rehashing various conspiracy theories about the Covid-19 outbreak and the vaccines. This is not one of them. What we're exploring is the likelihood that what's going on is the product of the same arrogance, incompetence, and corruption that the medical industry and its tame politicians have displayed so abundantly in recent decades. That possibility deserves a space of its own for discussion, and that's what we're doing here.
3. If you plan on using rent-a-troll derailing or disruption tactics, please go away. I'm quite familiar with the standard tactics used by troll farms to disrupt online forums, and am ready, willing, and able -- and in fact quite eager -- to ban people permanently for engaging in them here. Oh, and I also lurk on other Covid-19 vaccine skeptic blogs, so I'm likely to notice when the same posts are showing up on more than one venue.
4. If you don't believe in treating people with common courtesy, please go away. I have, and enforce, a strict courtesy policy on my blogs and online forums, and this is no exception. The sort of schoolyard bullying that takes place on so many other internet forums will get you deleted and banned here. Also, please don't drag in current quarrels about sex, race, religious, etc. No, I don't care if you disagree with that: my journal, my rules.
With that said, the floor is open for discussion.
Re: Here Come "Programmable Dollars": New York Fed And 12 Banking Giants Launch Digital Dollar Test
Date: 2022-11-18 12:23 am (UTC)When the subway/bus/streetcars stopped using tokens you had until a certain date to use whatever you had on hand and then no more using them.
One would have to have a heck of network to be able to barter for everything one needed. I don't know what to make of this (in terms of being 'a victor').
Re: Here Come "Programmable Dollars": New York Fed And 12 Banking Giants Launch Digital Dollar Test
Date: 2022-11-18 04:32 am (UTC)And given what we saw during this whole COVID fiasco, you know "the people" will just fold and go along with it and tell themselves "it's safe and effective".
Liam in Toronto
Re: Here Come "Programmable Dollars": New York Fed And 12 Banking Giants Launch Digital Dollar Test
Date: 2022-11-19 04:29 am (UTC)Metal coins have a value within the outsider system, but they could also be sold within the insider system for their metal value.
That still wouldn't get you around the issue of having taxes and council rates and so on to pay - it would be hard or impossible to pay those in anything other than the currency of 'the man'. And if they're not paid, well, there's goes your home etc.
So how about establishing an entity that does all of the trading for you instead?
Some kind of trust, or company maybe? The entity earns all the money (your income), pays the taxes (your taxes), etc - you are merely it's trustee, or director or whatever that gets paid in calories, energy, water, clothes, shelter, etc in lieu of cash.
They can vaccinate this non-biological entity until their hearts are content, and it can make all the transactions necessary on your behalf, so you can survive.
The Ninth Mouse
Re: Here Come "Programmable Dollars": New York Fed And 12 Banking Giants Launch Digital Dollar Test
Date: 2022-11-19 06:53 pm (UTC)Liberty, LLC
Murmuration
Re: Here Come "Programmable Dollars": New York Fed And 12 Banking Giants Launch Digital Dollar Test
Date: 2022-11-20 06:45 am (UTC)The Ninth Mouse
Re: Here Come "Programmable Dollars": New York Fed And 12 Banking Giants Launch Digital Dollar Test
Date: 2022-11-18 02:19 pm (UTC)In any case, I've copied and pasted the bit about how people in Ireland coped with no banks for six months, below.
Quote:
Irish banking strike
In 1970 all banks in Ireland closed during a strike lasting six and a half months, which at the time was predicted to have a similar catastrophic forecast to that which occurred in Greece.
This strike began on the May 1 and lasted until Nov. 17, 1970.
The facts are contrary to what was expected and it had very little impact on the Irish people. Instead of panicking, the people of Ireland used their survival instinct and very rapidly discovered other ways for carrying out the functions previously performed by the banking industry.
Economist Michael Fogarty, who wrote the official report on the bank dispute, was quoted by the Irish Independent as saying that: “the services of the clearing banks proved by no means as indispensable as would have been expected before the dispute.”
Others take the example of the Irish bank strike as evidence that much of what banks do is a “socially useless activity.”
Undated cheques often endorsed over to others but never cashed, became a form of currency. When the supply of cheques dried up people wrote new ones on any available piece of paper, sometimes adding a postage stamp to give it an official appearance. There were even stories of cheques being written on toilet paper and beer mats.
Ireland had a population of 3 mln at the time and their 11,000 pubs and 12,000 shops became the substitutes for the banks.
The system worked because it was based on local knowledge and trust. Those who were exchanging checks and IOUs knew each other well.
Antoin E Murphy, who carried out a study on the strike’s effect, found the public’s ability to assess risk “was based on a vast pool of information available to transactors on the credit-worthiness of other transactors.”
The accuracy of their judgment was demonstrated when the strike ended with most pieces of paper turning out to be worth the value that was written on them. There were few insolvencies, and overall, imports, which were expected to be badly hit, were largely unaffected.
End quote
Re: Here Come "Programmable Dollars": New York Fed And 12 Banking Giants Launch Digital Dollar Test
Date: 2022-11-18 04:56 pm (UTC)Re: Here Come "Programmable Dollars": New York Fed And 12 Banking Giants Launch Digital Dollar Test
Date: 2022-11-18 08:31 pm (UTC)I'd like to point out though, that this doesn't preclude them being used for interpersonal (rather than "legal") transactions. Kunstler's "World Made by Hand" series has the characters utilizing the remaining pieces of coinage as a currency when it's obvious that there's no gov't minting more. It becomes a kind of agreed-upon unit of value (as money is), but with only social backing rather than that of the gov't.