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#11
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Zimbabwe Inflation (update)
The latest official inflation figure for February is reportedly 165,000%. Should the inflationary pressure maintain its recent momentum till year end, then Zimbabwe's official inflation will be 2,017,000 % by mid year further worsening to 24,672,000% by year end. Once inflation reaches such high levels as Zimbabwe's, it tends to move at an accelerated pace. This is based on current trends -- price controls, shortages, money supply and exchange rate disequilibrium. It should be noted that only three months ago, inflation was around 20,000, now it's 10 times higher. - New Zimbabwe - 14 April 2008 And... will probably stay as higher or higher until the election gets sorted out. Had a funny feeling about that last time we discussed this topic. After having read a few articles to catch up, yup - what a mess. The barter system knows no inflation ... Marx commented on that as well. Religion being the opium of the masses and the unequivocal pay rates for work performed. Few really talk about his financial revelations but rather to discuss the "s" and "c" -ism words. Just a thought - what interest are they offering on savings accounts?!?! David. |
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#12
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Zimbabwe Inflation (update)
On Apr 19, 5:47 pm, "David French"
wrote: Just a thought - what interest are they offering on savings accounts?!?! David. 450% Not worth it if inflation is 165,000%. Blair |
#13
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Zimbabwe Inflation (update)
On Sat, 19 Apr 2008 22:47:17 +0200, "Victor Manta"
wrote: wrote in message .. . On Sat, 19 Apr 2008 11:05:17 +0200, "Victor Manta" wrote: wrote in message ... Dunno about that, but I didn't read about the concentration camp ideals in his writings. Many others did read, like in this example: Even the efforts to fight Marxism with its own weapons have inevitably taken a Marxist turn. Both Naziism and Fascism, Biographer Schwarzschild points out, are Marxist mutations whose predestined political form is therefore the police state. In Nazi concentration camps, as in Russian forced-labor camps, Karl Marx was the presiding genius. In the name of human progress, Marx has probably caused more death, misery, degradation and despair than any man who ever lived. http://www.time.com/time/magazine/ar...3698-1,00.html However, stating that Marx was behind all of that is like saying that I started the Rwandan massacre of 1994. To attribute all of that to Marx's writings is absurd. Even you can realize that. snip Further, I wonder how many of the great masses know that he is not Russian, but German and Jewish? It is difficult to imagine that somebody named Karl Marx can be taken for a Russian :-) As for his Jewishness, eventually take a look at the article: A Comprehensive Look at Marx the Antisemite, in http://marxwords.blogspot.com/ or at many other sources. He was ashamed of being of Hebrew nature, but once the spots are on the leopard, it's quite hard to change them. So, in closing on this, I have tended to stick with the economic Marx instead of the communist, political Marx. There is only one Marx, the communist one, in all his writings. Wow. Sorry to hear that. I must have read the wrong book(s) then. --- :^) In a sense, the Marx stamps issued have served him up on a pedestal of all things communism and have done him an injustice about his other writings. I am neither socialist nor communist... No stamps on Marx anymore, which is a good sign of the evolution of the mankind. I'm neither an antisocialist nor an anticommunist but a man of freedom. BTW, the Zimbabwe inflation (this thread's subject) is also a consequence of Marx ideas. Actually, it's a case of Russian expansionism in Africa, much like the killing of Lumumba in the Congo was in stopping it. The same was tried in Angola and other places. |
#14
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Zimbabwe Inflation (update)
On Sat, 19 Apr 2008 22:47:56 +0100, "David French"
wrote: The latest official inflation figure for February is reportedly 165,000%. Should the inflationary pressure maintain its recent momentum till year end, then Zimbabwe's official inflation will be 2,017,000 % by mid year further worsening to 24,672,000% by year end. Once inflation reaches such high levels as Zimbabwe's, it tends to move at an accelerated pace. This is based on current trends -- price controls, shortages, money supply and exchange rate disequilibrium. It should be noted that only three months ago, inflation was around 20,000, now it's 10 times higher. - New Zimbabwe - 14 April 2008 And... will probably stay as higher or higher until the election gets sorted out. Had a funny feeling about that last time we discussed this topic. After having read a few articles to catch up, yup - what a mess. The barter system knows no inflation ... Marx commented on that as well. Religion being the opium of the masses and the unequivocal pay rates for work performed. Few really talk about his financial revelations but rather to discuss the "s" and "c" -ism words. Just a thought - what interest are they offering on savings accounts?!?! What savings accounts? |
#15
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The Power of (bad) Ideas. Was: Zimbabwe Inflation (update)
wrote in message
... On Sat, 19 Apr 2008 22:47:17 +0200, "Victor Manta" wrote: In Nazi concentration camps, as in Russian forced-labor camps, Karl Marx was the presiding genius. In the name of human progress, Marx has probably caused more death, misery, degradation and despair than any man who ever lived. http://www.time.com/time/magazine/ar...3698-1,00.html However, stating that Marx was behind all of that is like saying that I started the Rwandan massacre of 1994. To attribute all of that to Marx's writings is absurd. Even you can realize that. I don't see the relationship between Marx, you and the Rwanda but, despite of my advanced age ;-) I'm still able to realize the power of some bad ideas, Tracy. Here is the expression of this power (communist massacres and some related stamps): Katyn: http://www.marci-postale.com/History/Katyn/katyn.htm Danube - Black Sea Canal: http://www.marci-postale.com/Canal/rom-communism.htm Cultural Revolution: http://reds-on.postalstamps.biz/Chin...-directive.htm Ukrainian Famines: http://reds-on.postalstamps.biz/Ukraine/ukr-famines.htm Forgotten (and rediscovered) Tibet: http://www.artonstamps.org/My%20Colu...nism/Tibet.htm -- Victor Manta ---------------------------------------------------------------------------- Communism on Stamps: http://reds-on.postalstamps.biz/ ---------------------------------------------------------------------------- |
#16
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Zimbabwe Inflation (update)
wrote in message
... Few really talk about his financial revelations but rather to discuss the "s" and "c" -ism words. Just FYI: ...Marx's premises, reasoning and prophecies are filled with fallacies... It follows that since Marxian _economic_ (emphasis added by V.M.) analysis is based on a few false premises, its conclusions built on them collapse as well. ... http://www.m1-garand.com/Info%20Page...infopage33.htm The same applies for the "marxist" stamps. -- Victor Manta ---------------------------------------------------------------------------- Communism on Stamps: http://reds-on.postalstamps.biz/ ---------------------------------------------------------------------------- |
#17
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The Power of (bad) Ideas. Was: Zimbabwe Inflation (update)
On Sun, 20 Apr 2008 09:11:49 +0200, "Victor Manta"
wrote: wrote in message .. . On Sat, 19 Apr 2008 22:47:17 +0200, "Victor Manta" wrote: In Nazi concentration camps, as in Russian forced-labor camps, Karl Marx was the presiding genius. In the name of human progress, Marx has probably caused more death, misery, degradation and despair than any man who ever lived. http://www.time.com/time/magazine/ar...3698-1,00.html However, stating that Marx was behind all of that is like saying that I started the Rwandan massacre of 1994. To attribute all of that to Marx's writings is absurd. Even you can realize that. I don't see the relationship between Marx, you and the Rwanda but, despite of my advanced age ;-) I'm still able to realize the power of some bad ideas, Tracy. OK, lessee... Here is the expression of this power (communist massacres and some related stamps): You said "this". You didn't say Marx. Katyn: http://www.marci-postale.com/History/Katyn/katyn.htm Danube - Black Sea Canal: http://www.marci-postale.com/Canal/rom-communism.htm Cultural Revolution: http://reds-on.postalstamps.biz/Chin...-directive.htm Ukrainian Famines: http://reds-on.postalstamps.biz/Ukraine/ukr-famines.htm Forgotten (and rediscovered) Tibet: http://www.artonstamps.org/My%20Colu...nism/Tibet.htm Marx wasn't there for any of those events and does not deserve to be chided for his non-action. I do believe, however, that the living Stalin had a great big hand in Katyn (just watched a movie in Polish and subtitled) & the Ukrainian famines, let alone plenty of gulags and pogroms against people who were mostly not doing wrong. As per Tibet, the living Chinese had a hand in that. Marx wasn't there. I will follow up with a real life situation that will describe what you're trying to say. King Leopold II owned (yes, himself) The Congo Free State. He never put foot one in it. Having said that, his minions were told (including Stanley) to do what was needed to procure rubber, ivory, diamonds and other resources. In the wake of that fiasco, between 1885 and 1908, an low end of 10 million and a high end of 20 million indigenous Congolese were killed. Leopold II knew all about it and trashed for it by Mark Twain and other writers. ....but, we don't talk about Africa's woes. It's always Europe and America. Marx is soooo far removed from the Bolshevik / Communist uprising of 1917. Although he wrote many things, he didn't command Lenin, Stalin, Mao, Castro, Pol Pot and plenty of other tinhorns to commit these atrocities. That IS the DIFFERENCE. He must have led them from his grave. |
#18
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Zimbabwe Inflation (update)
On Sun, 20 Apr 2008 13:42:42 +0200, "Victor Manta"
wrote: wrote in message .. . Few really talk about his financial revelations but rather to discuss the "s" and "c" -ism words. Just FYI: ...Marx's premises, reasoning and prophecies are filled with fallacies... It follows that since Marxian _economic_ (emphasis added by V.M.) analysis is based on a few false premises, its conclusions built on them collapse as well. ... http://www.m1-garand.com/Info%20Page...infopage33.htm The same applies for the "marxist" stamps. Actually, according to Marx scholar Jon Elster, his was in step with time & history whereas other writers of the day were attempting the self-evident routine. Marx's writings are far from perfect and so are some of the stamps printed with him recognized on them. I do not praise the man as being the one-all, end-all for all time - I simply looked at a few concepts he was writing on and they make perfect sense to me. Commodity Fetishism Alienation Exchange Value Zoon Politikon From "New Ideas From Dead Economists" by Todd Buchholz, I quote a few lines from page 135: "Workers, even under socialism, would not get the full value of their work. The surplus would, however go to the people for collective services." Hmmm... "What would communism really mean? We do not know. Marx deliberately avoided leaving recipes for the cookshops of the future. Without a recipe, Marxism as a governing system became the political equivalent of sausage: a cheap way to squeeze a committee's goals into a shape that can be fed to others". Ahh, I see now where the sausage has been mangled by those who followed... "Marx suggested that ultimately, the state would wither away. In the meantime a dictatorship of the proletariat would rule." Well, it seems that the so-called Marxists truly followed the "leader" of all this madness he's accused of. Looks to me like the sausages got really fat, instead of withering away. This is where I make my distinction between Leninism, Stalinism, Maoism and Castroism and Marx. Where's the "whither"? "Future Marxists would have to figure out how to implement the plan (manifesto). Not entirely optimistic about the splintered socialist movements in Europe, Marx once declared that he was no longer a Marxist." Well, that makes one think... Was Marx the perfect philosopher, economist or even revolutionary? No, by all means. Does he make one stand up and think a little clearer instead of the unwashed masses staying as "sheeple"? Yes. Would a Marxist state, as he wrote about it, be a positive thing today? No way, Jose. It seems we're already moving towards a global government anyway - we simply have different departments, called countries. Back to Belgian RR stamps and soaking some U.S. kill-o-ware. |
#19
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The Power of (bad) Ideas. Was: Zimbabwe Inflation (update)
wrote in message
... On Sun, 20 Apr 2008 09:11:49 +0200, "Victor Manta" wrote: wrote in message . .. On Sat, 19 Apr 2008 22:47:17 +0200, "Victor Manta" wrote: In Nazi concentration camps, as in Russian forced-labor camps, Karl Marx was the presiding genius. In the name of human progress, Marx has probably caused more death, misery, degradation and despair than any man who ever lived. http://www.time.com/time/magazine/ar...3698-1,00.html However, stating that Marx was behind all of that is like saying that I started the Rwandan massacre of 1994. To attribute all of that to Marx's writings is absurd. Even you can realize that. Here is the expression of this power (communist massacres and some related stamps): ... You said "this". You didn't say Marx. Marx wasn't there for any of those events and does not deserve to be chided for his non-action. Non-action, not responsible? Well, what about this stamp: http://www.stamprussia.com/1793b.jpg ? 37th birth anniversary of the Great October Socialist Revolution" (GOSR), USSR, issued 1954. In your oppinion, do Marx + Engels + Lenin + Stalin appear purely by chance on this stamp? I wonder if the term Marxism (!) - Leninism is something you heard about. The stamp is labeled: "The GOSR opened a new era in the history of mankind - the era of communism." New era indeed, even a "great" one (full of crimes agains humanity), the father of communism being... guess who. -- Victor Manta ---------------------------------------------------------------------------- Communism on Stamps: http://reds-on.postalstamps.biz/ ---------------------------------------------------------------------------- |
#20
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Zimbabwe Inflation (update)
The latest official inflation figure for February is reportedly
165,000%. Should the inflationary pressure maintain its recent momentum till year end, then Zimbabwe's official inflation will be 2,017,000 % by mid year further worsening to 24,672,000% by year end. Once inflation reaches such high levels as Zimbabwe's, it tends to move at an accelerated pace. This is based on current trends -- price controls, shortages, money supply and exchange rate disequilibrium. It should be noted that only three months ago, inflation was around 20,000, now it's 10 times higher. - New Zimbabwe - 14 April 2008 And... will probably stay as higher or higher until the election gets sorted out. Had a funny feeling about that last time we discussed this topic. After having read a few articles to catch up, yup - what a mess. The barter system knows no inflation ... Marx commented on that as well. Religion being the opium of the masses and the unequivocal pay rates for work performed. Few really talk about his financial revelations but rather to discuss the "s" and "c" -ism words. Just a thought - what interest are they offering on savings accounts?!?! What savings accounts? Well, apparently there is a branch of the Bank of Zimbabwe in London - and it is still open for business!! They regularly run out of banknotes, and had to issue a $10,000,000 note in March - in a hurry. I wonder what you can buy with it now..... David. |
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