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Plugging Into “Small Everything”: Wake Up & Smell The 3 Cs – Community, Cash, & Coin (Coffee Optional)

Plugging Into "Small Everything": Wake Up & Smell The 3 Cs – Community, Cash, & Coin (Coffee Optional)

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Plugging Into "Small Everything": Wake Up & Smell The 3 Cs - Community, Cash, & Coin (Coffee Optional) Tyler Durden Sat, 09/05/2020 - 16:50

Authored by Charles Hugh Smith via OfTwoMinds blog,

Reversing from exploited division to creative and healthy solidarity will need to be the mantra and guiding principle going forward if we the people are to take back our economy.

Editor's note: This is a guest post by my friend and colleague Zeus Yiamouyiannis, Ph.D., who has contributed essays to Of Two Minds since 2009.

This is part 5 of a 5 part series entitled When the World Market Itself Is Fake, Economic "Value" Loses Any Real Meaning.

Read Part 1 here...

Read Part 2 here...

Read Part 3 here...

Read Part 4 here...

*       *       *       *       *

In the last essay I remarked that through a combination of internal pressures (disenchantment and material hardship) and external pressures (Covid-19 and catastrophic concentration of global wealth), Americans were going to have to learn to break trust with the promises of a rigged and unsustainable American Dream, decline participation in its mandates (i.e. "patriotic buying" and slaving away in dead-end jobs), and actively rebel against the system by withdrawing energy, money, and work and putting it into new, fairer, more democratic, and more creative systems.

Threats by the big guys of ruining your credit, or you missing out on the next big thing don't mean much when the emerging reality is leading AWAY from the proffered promises of a future material heaven.

All empires fall, without exception, and they fall for many of the same reasons--corruption of the original founding ideal, loss of creativity, boredom, lack of concern for others, and an indoctrination that demands no virtues or qualities of ultimate value from its citizens.

I talked about all the ways we can unplug from "Big Everything", but what about plugging into SMALL everything? Charles Hugh Smith has already devoted a good part of his writing toward discussing what this might look like. But let's start the conversation again in light of Covid-19.

What have we learned about what we can do without? What have we learned about what we WANT to do without? What might we do for ourselves, and what wider trends might this generate?

In my book, Transforming Economy: From Corrupted Capitalism to Connected Communities, I talked about moving from an instrumentally-focused economy run on human capital, materialism, and scarcity toward an intrinsically-focused economy run on relationship capital, non-scarce resources, and non-material goods. I also talked about moving from a possession culture to an experience culture. Quality of life is NOT based on material, though escape from misery IS!

Research shows that beyond a modicum of material wealth necessary to support basic living and a few extras, happiness is NOT increased with additional wealth. Beyond a basic minimum, material more IS NOT BETTER. This goes against a major commandment of consumerist culture. However, I propose, that MORE IS BETTER for non-material qualities like love, friendship, and, yes, COMMUNITY.

COMMUNITY

When we wake up from our various Facebook stupors, we realize how much of our lives are mediated by the meaning frames and profit-motives of others, who are simply manipulating our participation and emotions for THEIR ends. It may be uncomfortable to consider, but what happens when we do unplug from that and re-awaken real community exchange rather than abstract "tribes" that "like" everything, but stand for nothing?

To this end, my wife, Regina and I, are attempting to put together a forum from her wildly diverse community of people interested in alternative media/knowledge connected with her website. This is being done alongside attempts to forge concrete connections with neighbors. The former satisfies the desire to avidly explore areas of interest, and the latter mutual bonds of trust and civic exchange (not necessarily requiring shared interest).

Community focus has a way of stimulating one's own direct, concrete, productive engagement with original, authentically-generated economy. Whether it is discussion forums (exchanging the fruits of ideas) or farmers markets (exchanging the fruits from our trees), we come to know ourselves in relation with real others with real cares, hopes, and dreams and not through a haze of identity politics.

I don't share much in terms of political or religious alignment with my nearby neighbors. A good many are Christian fundamentalists and Trump supporters, but I can (and do try to) generate good will with fruit box drop-offs, having conversations while walking dogs, and hiring their kids for jobs around the orchard.

We have noticed an explosion of family activity, walking, biking, and canoeing that was so pronounced in the wake of the Covid-19 television sports shutdown, that local bike shops ran out of bikes, and had additional bikes on back-order months in to the future! That's not a bad thing! More local families have started organizing and participating in outdoor games and sports, rather than splitting up and watching them on TV alone in their houses.

CASH

Community offers a potentially highly effective and informal exchange of good will (which seems to be an immensely SCARCE resource these days), but what of more concrete, measured exchange? What about local currency (shared local monetary units), time banking (shared work exchanges), peer lending (shared enterprise funding), and volunteered, shared expertise and tools (shared talent)?

All these are mediums of exchange and untapped resources that do not run out and INCREASE in value the more they are shared (understood as an increase in community capacity and quality of life). The better such forms of exchange are promoted and engaged in, the less "official" income one has to make (and list on a 1040), the less tax will accrue, and the more official federal money can be pooled and peer lent into community building and support.

Wise use of cash in its most basic definitional sense, as a scrip-medium of exchange, especially when it is local and voluntary, not only boosts good will, but encourages circulation of money-energy, and develops relationship capital by its very use. So much of the non-material, non-scarce aspects of life can therefore be supported. Another bonus of this commitment to local exchange, is that it is hard to predatorily exploit, both because it is face-to-face and because the scale does not allow for much harvesting or skimming of productivity through inserted middlemen.

COIN

Yes, Big Banks and the Power Elite will try to control the price of gold, silver, and even of Bitcoin. However, there is nothing stopping individuals from buying up these metals and sequestering some precious metal basis for exchange in the event of a currency collapse. One should note the effort by the U.S. government in the 1960’s to recall all silver coin.

My grandfather, like many others, hoarded them instead, knowing that fiat currency, backed by nothing would be worth exactly nothing. The full faith and credit of the FDIC on banking deposits might allow one to be made whole dollar-wise, but the wholeness is denominated in paper backed by nothing besides a printing press.

Silver coin could come into style again, much like the shells of island gift economies, as a token to be passed around as a form of appreciation (not so much in terms of investment value but in terms of good will). A thriving local economy would make unnecessary gold or silver backed currency, because local dollars would be back by real needed goods and services. But nostalgia is strong, and it would be unwise to think that federal policy will not affect local economies.

Maybe having a community trust of gold and silver metal would serve as a potential hedge against devalued currency. When the community for some constructive larger project and needed a cash infusion of "official dollars" it could tap into the gold and silver reserve. In addition, official dollars, grounded by personal or community gold and silver reserves might even be cashed in or used to buy up assets in periods of deflation (including residences and even medical debt) allowing communities to keep people in their houses rather than being bought up by private equity firms or other predatory entities.

Community investment or microlending, say, to start a local community coffee house, would pay rich dividends in non-material, non-scarce good will, relationship, and civic involvement. The intentional divisions driven by manic, addictive media could thus be reversed and healed to an important extent.

Reversing from exploited division to creative and healthy solidarity will need to be the mantra and guiding principle going forward if we the people are to take back our economy.

copyright 2020 Zeus Yiamouyiannis

*  *  *

My recent books:

Will You Be Richer or Poorer?: Profit, Power, and AI in a Traumatized World ($13)
(Kindle $6.95, print $11.95) Read the first section for free (PDF).

Pathfinding our Destiny: Preventing the Final Fall of Our Democratic Republic ($6.95 (Kindle), $12 (print), $13.08 ( audiobook): Read the first section for free (PDF).

The Adventures of the Consulting Philosopher: The Disappearance of Drake $1.29 (Kindle), $8.95 (print); read the first chapters for free (PDF)

Money and Work Unchained $6.95 (Kindle), $15 (print) Read the first section for free (PDF).

*  *  *

If you found value in this content, please join me in seeking solutions by becoming a $1/month patron of my work via patreon.com.

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Spread & Containment

The Coming Of The Police State In America

The Coming Of The Police State In America

Authored by Jeffrey Tucker via The Epoch Times,

The National Guard and the State Police are now…

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The Coming Of The Police State In America

Authored by Jeffrey Tucker via The Epoch Times,

The National Guard and the State Police are now patrolling the New York City subway system in an attempt to do something about the explosion of crime. As part of this, there are bag checks and new surveillance of all passengers. No legislation, no debate, just an edict from the mayor.

Many citizens who rely on this system for transportation might welcome this. It’s a city of strict gun control, and no one knows for sure if they have the right to defend themselves. Merchants have been harassed and even arrested for trying to stop looting and pillaging in their own shops.

The message has been sent: Only the police can do this job. Whether they do it or not is another matter.

Things on the subway system have gotten crazy. If you know it well, you can manage to travel safely, but visitors to the city who take the wrong train at the wrong time are taking grave risks.

In actual fact, it’s guaranteed that this will only end in confiscating knives and other things that people carry in order to protect themselves while leaving the actual criminals even more free to prey on citizens.

The law-abiding will suffer and the criminals will grow more numerous. It will not end well.

When you step back from the details, what we have is the dawning of a genuine police state in the United States. It only starts in New York City. Where is the Guard going to be deployed next? Anywhere is possible.

If the crime is bad enough, citizens will welcome it. It must have been this way in most times and places that when the police state arrives, the people cheer.

We will all have our own stories of how this came to be. Some might begin with the passage of the Patriot Act and the establishment of the Department of Homeland Security in 2001. Some will focus on gun control and the taking away of citizens’ rights to defend themselves.

My own version of events is closer in time. It began four years ago this month with lockdowns. That’s what shattered the capacity of civil society to function in the United States. Everything that has happened since follows like one domino tumbling after another.

It goes like this:

1) lockdown,

2) loss of moral compass and spreading of loneliness and nihilism,

3) rioting resulting from citizen frustration, 4) police absent because of ideological hectoring,

5) a rise in uncontrolled immigration/refugees,

6) an epidemic of ill health from substance abuse and otherwise,

7) businesses flee the city

8) cities fall into decay, and that results in

9) more surveillance and police state.

The 10th stage is the sacking of liberty and civilization itself.

It doesn’t fall out this way at every point in history, but this seems like a solid outline of what happened in this case. Four years is a very short period of time to see all of this unfold. But it is a fact that New York City was more-or-less civilized only four years ago. No one could have predicted that it would come to this so quickly.

But once the lockdowns happened, all bets were off. Here we had a policy that most directly trampled on all freedoms that we had taken for granted. Schools, businesses, and churches were slammed shut, with various levels of enforcement. The entire workforce was divided between essential and nonessential, and there was widespread confusion about who precisely was in charge of designating and enforcing this.

It felt like martial law at the time, as if all normal civilian law had been displaced by something else. That something had to do with public health, but there was clearly more going on, because suddenly our social media posts were censored and we were being asked to do things that made no sense, such as mask up for a virus that evaded mask protection and walk in only one direction in grocery aisles.

Vast amounts of the white-collar workforce stayed home—and their kids, too—until it became too much to bear. The city became a ghost town. Most U.S. cities were the same.

As the months of disaster rolled on, the captives were let out of their houses for the summer in order to protest racism but no other reason. As a way of excusing this, the same public health authorities said that racism was a virus as bad as COVID-19, so therefore it was permitted.

The protests had turned to riots in many cities, and the police were being defunded and discouraged to do anything about the problem. Citizens watched in horror as downtowns burned and drug-crazed freaks took over whole sections of cities. It was like every standard of decency had been zapped out of an entire swath of the population.

Meanwhile, large checks were arriving in people’s bank accounts, defying every normal economic expectation. How could people not be working and get their bank accounts more flush with cash than ever? There was a new law that didn’t even require that people pay rent. How weird was that? Even student loans didn’t need to be paid.

By the fall, recess from lockdown was over and everyone was told to go home again. But this time they had a job to do: They were supposed to vote. Not at the polling places, because going there would only spread germs, or so the media said. When the voting results finally came in, it was the absentee ballots that swung the election in favor of the opposition party that actually wanted more lockdowns and eventually pushed vaccine mandates on the whole population.

The new party in control took note of the large population movements out of cities and states that they controlled. This would have a large effect on voting patterns in the future. But they had a plan. They would open the borders to millions of people in the guise of caring for refugees. These new warm bodies would become voters in time and certainly count on the census when it came time to reapportion political power.

Meanwhile, the native population had begun to swim in ill health from substance abuse, widespread depression, and demoralization, plus vaccine injury. This increased dependency on the very institutions that had caused the problem in the first place: the medical/scientific establishment.

The rise of crime drove the small businesses out of the city. They had barely survived the lockdowns, but they certainly could not survive the crime epidemic. This undermined the tax base of the city and allowed the criminals to take further control.

The same cities became sanctuaries for the waves of migrants sacking the country, and partisan mayors actually used tax dollars to house these invaders in high-end hotels in the name of having compassion for the stranger. Citizens were pushed out to make way for rampaging migrant hordes, as incredible as this seems.

But with that, of course, crime rose ever further, inciting citizen anger and providing a pretext to bring in the police state in the form of the National Guard, now tasked with cracking down on crime in the transportation system.

What’s the next step? It’s probably already here: mass surveillance and censorship, plus ever-expanding police power. This will be accompanied by further population movements, as those with the means to do so flee the city and even the country and leave it for everyone else to suffer.

As I tell the story, all of this seems inevitable. It is not. It could have been stopped at any point. A wise and prudent political leadership could have admitted the error from the beginning and called on the country to rediscover freedom, decency, and the difference between right and wrong. But ego and pride stopped that from happening, and we are left with the consequences.

The government grows ever bigger and civil society ever less capable of managing itself in large urban centers. Disaster is unfolding in real time, mitigated only by a rising stock market and a financial system that has yet to fall apart completely.

Are we at the middle stages of total collapse, or at the point where the population and people in leadership positions wise up and decide to put an end to the downward slide? It’s hard to know. But this much we do know: There is a growing pocket of resistance out there that is fed up and refuses to sit by and watch this great country be sacked and taken over by everything it was set up to prevent.

Tyler Durden Sat, 03/09/2024 - 16:20

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Low Iron Levels In Blood Could Trigger Long COVID: Study

Low Iron Levels In Blood Could Trigger Long COVID: Study

Authored by Amie Dahnke via The Epoch Times (emphasis ours),

People with inadequate…

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Low Iron Levels In Blood Could Trigger Long COVID: Study

Authored by Amie Dahnke via The Epoch Times (emphasis ours),

People with inadequate iron levels in their blood due to a COVID-19 infection could be at greater risk of long COVID.

(Shutterstock)

A new study indicates that problems with iron levels in the bloodstream likely trigger chronic inflammation and other conditions associated with the post-COVID phenomenon. The findings, published on March 1 in Nature Immunology, could offer new ways to treat or prevent the condition.

Long COVID Patients Have Low Iron Levels

Researchers at the University of Cambridge pinpointed low iron as a potential link to long-COVID symptoms thanks to a study they initiated shortly after the start of the pandemic. They recruited people who tested positive for the virus to provide blood samples for analysis over a year, which allowed the researchers to look for post-infection changes in the blood. The researchers looked at 214 samples and found that 45 percent of patients reported symptoms of long COVID that lasted between three and 10 months.

In analyzing the blood samples, the research team noticed that people experiencing long COVID had low iron levels, contributing to anemia and low red blood cell production, just two weeks after they were diagnosed with COVID-19. This was true for patients regardless of age, sex, or the initial severity of their infection.

According to one of the study co-authors, the removal of iron from the bloodstream is a natural process and defense mechanism of the body.

But it can jeopardize a person’s recovery.

When the body has an infection, it responds by removing iron from the bloodstream. This protects us from potentially lethal bacteria that capture the iron in the bloodstream and grow rapidly. It’s an evolutionary response that redistributes iron in the body, and the blood plasma becomes an iron desert,” University of Oxford professor Hal Drakesmith said in a press release. “However, if this goes on for a long time, there is less iron for red blood cells, so oxygen is transported less efficiently affecting metabolism and energy production, and for white blood cells, which need iron to work properly. The protective mechanism ends up becoming a problem.”

The research team believes that consistently low iron levels could explain why individuals with long COVID continue to experience fatigue and difficulty exercising. As such, the researchers suggested iron supplementation to help regulate and prevent the often debilitating symptoms associated with long COVID.

It isn’t necessarily the case that individuals don’t have enough iron in their body, it’s just that it’s trapped in the wrong place,” Aimee Hanson, a postdoctoral researcher at the University of Cambridge who worked on the study, said in the press release. “What we need is a way to remobilize the iron and pull it back into the bloodstream, where it becomes more useful to the red blood cells.”

The research team pointed out that iron supplementation isn’t always straightforward. Achieving the right level of iron varies from person to person. Too much iron can cause stomach issues, ranging from constipation, nausea, and abdominal pain to gastritis and gastric lesions.

1 in 5 Still Affected by Long COVID

COVID-19 has affected nearly 40 percent of Americans, with one in five of those still suffering from symptoms of long COVID, according to the U.S. Centers for Disease Control and Prevention (CDC). Long COVID is marked by health issues that continue at least four weeks after an individual was initially diagnosed with COVID-19. Symptoms can last for days, weeks, months, or years and may include fatigue, cough or chest pain, headache, brain fog, depression or anxiety, digestive issues, and joint or muscle pain.

Tyler Durden Sat, 03/09/2024 - 12:50

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Uncategorized

February Employment Situation

By Paul Gomme and Peter Rupert The establishment data from the BLS showed a 275,000 increase in payroll employment for February, outpacing the 230,000…

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By Paul Gomme and Peter Rupert

The establishment data from the BLS showed a 275,000 increase in payroll employment for February, outpacing the 230,000 average over the previous 12 months. The payroll data for January and December were revised down by a total of 167,000. The private sector added 223,000 new jobs, the largest gain since May of last year.

Temporary help services employment continues a steep decline after a sharp post-pandemic rise.

Average hours of work increased from 34.2 to 34.3. The increase, along with the 223,000 private employment increase led to a hefty increase in total hours of 5.6% at an annualized rate, also the largest increase since May of last year.

The establishment report, once again, beat “expectations;” the WSJ survey of economists was 198,000. Other than the downward revisions, mentioned above, another bit of negative news was a smallish increase in wage growth, from $34.52 to $34.57.

The household survey shows that the labor force increased 150,000, a drop in employment of 184,000 and an increase in the number of unemployed persons of 334,000. The labor force participation rate held steady at 62.5, the employment to population ratio decreased from 60.2 to 60.1 and the unemployment rate increased from 3.66 to 3.86. Remember that the unemployment rate is the number of unemployed relative to the labor force (the number employed plus the number unemployed). Consequently, the unemployment rate can go up if the number of unemployed rises holding fixed the labor force, or if the labor force shrinks holding the number unemployed unchanged. An increase in the unemployment rate is not necessarily a bad thing: it may reflect a strong labor market drawing “marginally attached” individuals from outside the labor force. Indeed, there was a 96,000 decline in those workers.

Earlier in the week, the BLS announced JOLTS (Job Openings and Labor Turnover Survey) data for January. There isn’t much to report here as the job openings changed little at 8.9 million, the number of hires and total separations were little changed at 5.7 million and 5.3 million, respectively.

As has been the case for the last couple of years, the number of job openings remains higher than the number of unemployed persons.

Also earlier in the week the BLS announced that productivity increased 3.2% in the 4th quarter with output rising 3.5% and hours of work rising 0.3%.

The bottom line is that the labor market continues its surprisingly (to some) strong performance, once again proving stronger than many had expected. This strength makes it difficult to justify any interest rate cuts soon, particularly given the recent inflation spike.

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