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Nickel
Ranttm:
Mr. Mental Explains:
Everything You Need to Know About
Economics
by Edgar J.
Steele

March 27, 2008

Downloadable audio files of Mr. Mental Explains Everything You
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My name is Edgar J. Steele.

Note:  Please tune in tomorrow
morning at 8am ET to 2004-Libertarian-Party-Presidential Candidate Michael
Badnarik's radio show, "Lighting the Fires of Liberty."  As Michael so
graciously puts it, I will be "cohosting" the two-hour show with him.
We've done this a couple of times before and always had immense fun.
Please join us.  In fact, do that literally by calling in to (512) 646-1984
or (888) 202-1984 and joining in with questions (and corrections, of
course).  I understand that Mr. Mental might actually put in an appearance
during the show, too.  Tune in via the Internet to http://www.wtprn.com/listen.shtml
(at 5am PDT for those of us on the Left Coast).

I heard that!  Step aside, puny Earthling.  Mr.
Mental has a thing or two to explain to your glassy-eyed readers.

Now, listen up, you insignificant
bipeds.  This is important.  What's more, it is so simple that
even your puny little brains (so oddly placed ... inside your heads, of
all places ... which accounts for your limited powers of comprehension) will
understand the significance what I am about to disclose here for the first time
anywhere in this region of the galaxy.

I give you the key to Economics.  Here
is everything you need to know:  There's no such thing as a free
lunch.

What?  Yes, of course that is
it.  What more could there possibly be?  Surely, even you miserable
human beings can see that?

Now, watch closely.  Notice that there
is nothing up my sleeves.

Here is a chart of M3b, also known as the
most useful measure of America's total money supply.  Because your
ridiculous excuses for leaders stopped reporting just how much money they were
creating in recent years, private individuals have had to reconstruct the
figures.  Notice how the rate of increase is increasing, year after
year.  From your prior lesson in calculus, you know this means that the
curve's slope is positive and its first derivative also is positive.  You
also should realize this will lead to an asymptotic curve, which is a euphemism
for a vertical line.  A vertical line, not coincidentally, is the shortest
distance to the Moon, Alice, a phrase that we will use repeatedly
today.

Now, here is another chart.  Notice
how similar it looks to the money supply  chart.  That is because you
moronic primates actually create money out of debt, rather than using something
inherently valuable, as any truly sentient species does.  Your money is
your debt, which means that your debt is your money.  The reason these
charts look the same is because they are the same, you maroons!
Again, notice how close the curve has come to becoming a vertical line.
Recall the shortest distance to the moon ... Alice.

Notice, from this same chart, that your
national income's increase is not increasing (the curve's first
derivative is not positive).  No Moon in its future, rest
assured.

So, your debt is out of control and, of
course, so is your money supply, since they are two sides of the same worthless
American coin.  This has serious consequences for those who believe in free
lunches.  Your worthless, inept, scurrilous, criminal leaders have been
eating your lunch, you mindless primates.  To them, it has been free.
But, you've been paying for it all along.  You were just too stupid to
notice that they have been slipping the bill to you when you weren't
looking.  But, now, the bill simply is becoming too big to ignore.
Here's the choice, useless humans:  your children's educations or your
masters' free lunch.   You know which one they have been
choosing.

What to do?  Oh, my!  Must I do
everything for you?  Are you really that hopeless?  Is there
any hope for evolution in this nondescript corner of the galaxy?
Look, all the extra dollars your execrable leaders have been creating to pay for
their own lunches and hookers have led to the following over just the past
two years:

Notice anything interesting about this
curve of the US dollar index?  It kind of looks like the reverse of the two
curves above, doesn't it?  It would be even worse if we expressed it in
terms of something other than six other foreign fiat currencies that also are in
a death spiral.  All this really tells you is that your puny and
insignificant dollar is becoming even more insignificant even faster than other
insignificant paper money in use on Earth, one of the most backward worlds in
your own universe, even.  If expressed in something more solid, it would be
asymptotic which is (all together now) a euphemism for a vertical line, which is
... the shortest distance to the Moon, Alice!
I'm glad I raised that
point, because here is just such a measure.  This is a chart of the price
of silver over the past two years.  Notice that it looks much more like the
first two charts in today's lesson.  That is no coincidence, my dense
little solarbabies.  Notice also that its rate of increase is
increasing.  You know what that means, of course.  Yes, the first
derivative of the curve is positive, of course.  What?  Think
vertical.  As in to the Moon, Alice!

Only if the other curves above turned
around, could the silver price curve possibly break down.  As debt goes up,
the money supply must increase and vice versa, because they are the same thing,
naturally.  As the money supply increases in the fashion now necessary, the
value of the dollar goes down, down, down ... which means that the price of gold
and silver go up, up, up.  Wear that concept.  Own it.  Make it
your own.  Sheesh.  Enough for today.  Here is your
insignificant and useless human narrator.

(ahem)  Thank you, Mr.
Mental.  If nothing else, today's lesson should put the recent silver and
gold price corrections into perspective as being mere burps in a progression
upwards that literally cannot and will not be stopped.  How to protect
yourself from Bush's free lunch and Eliot Spitzer's hookers?  Buy
silver.  Trust me, it will be the best revenge in the long run.

This is the longest bull market in silver
we ever will see, I believe.  I honestly do not expect it to end during my
lifetime.  Remember why it is called a bull market.  The name derives
from rodeos.  The rider goes up and down and gets thrown all around,
holding on for dear life.  All that counts is the holding-on part, don't
forget.  This will not be the last four-dollar correction that we see
on our trip to the Moon.

New America.  An
idea whose time has come.

My name is Edgar J.
Steele.  Thanks for listening.  Please visit my web site, http://www.conspiracypenpal.com/,
for other messages just like this one.

-ed

Copyright ©2008, Edgar J. Steele

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