Sunday, September 23, 2018

The Public Debt Is a National Asset

https://www.nakedcapitalism.com/2018/09/public-debt-treated-asset.html

Excellent!  

Duh!

People do not understand that.  It is Debt based Balance Sheet Accounting with a sly sleight of hand trick played by those that benefit most from the trick.

The trick is in framing the issue.

Frame it in terms of debt when it it beneficial to the Framer of the matter.

Frame it as an asset when it is to the benefit of the Framer of the matter.

The trick in this 3 thing monty scheme is that the Framer is always the same and works both sides of the "Framing" street as it best serves their special interest.

Always be in control of the game and keep the "Mark" confused.  In the Navy a common toast was: "Confusion to our Enemies.  It was certainly the common toast to battle made  at the campfires of Ghengis Khan and every warrior since then.  It is a sinning strategy.  Another way of looking at it is that there is a sucker born every minute.  Taking advantage of what people don't know and are lead to believe by those who are skilled in controlling the framing the issue to sow confusion.

Never let the opposition frame the issue and present it on their terms with the implication of shift the burden of proof to the opposition and making them play on the framer's home turf on a tilted field!

Duh!

How obvious is that?

It is an old game.

If there was no National Debt there would be no Money.


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