Tag Archives: How to do it.

THE BEADY EYE: THIS IS HOW A STIMULUS PACKAGE WORKS.

04 Monday May 2020

Posted by in Stimulus package.

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( One minute read) 

It is a slow day in the small Kerry town of Castletownbear. and the streets are deserted. Times are tough, everybody is in debt, and everybody is living on credit.

An American tourist visiting the area drives through town stops at the hotel and lays a $100 bill on the desk, saying he wants to inspect the rooms upstairs to pick one for the night.

As soon as he walks upstairs, Seamus the owner grabs the bill and runs next door to pay his debt to the butcher.

The butcher takes the $100 and runs down the street to retire his debt to the pig farmer.

The pig farmer takes the $100 and heads off to pay his bill to his supplier, the – Co-op.

The guy at the Co-op takes the $100 and runs to pay his debt to the local prostitute, who has also been facing hard times and has had to offer her “services” on credit.

The hooker rushes to the hotel and pays off her room bill with the hotel owner.

The hotel proprietor then places the $100 back on the counter so the traveler will not suspect anything.

At that moment the traveler comes down the stairs, states that the rooms are not satisfactory, picks up the $100 bill and leaves.

No one produced anything. No one earned anything… However, the whole town is now out of debt and now looks to the future with a lot more optimism.

And that, ladies and gentlemen, is how a Stimulus package works.

THE BEADY EYE’S: HOW TO SURVIVE THE COMING ECONOMIC DEPRESSION.

30 Thursday Apr 2020

Posted by in #whatif.com, 2020: The year we need to change., Economic Depression., How to do it., POST COVID-19.

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(Two-minute read)

Ok, This post is to encourage suggestions as to the best practices 

That last the Great Depression lasted for 10 years so you will have plenty of time to add your suggestions.

Since the start of the COVID-19 pandemic, countries have poured funds into saving their economies.

You don’t need a Bachelor’s in Economics, to know that where the demand goes out the window so does the supply. Just watch the Unsustanianle Advertising Industry desperately trying to create demand. It would not surprise me before long if they will be promoting Bio corona free recycled paper to wipe your troubles away.  

At the intersection of social science and mathematics is economics, the science of money.

COVID-19 is exposing the weakness of money and the lack of attention to what should have been valued in the first place to make social science with the result that the great lockdown is now on course to turn into the great slump. 

So here are 10 steps to personally take to prepare for a deflationary depression. 

  1. Don’t sign up for a tracking App unless it is 1000% transparent.
  2. Don’t trust the banking system. Don’t think bank runs can’t happen- they can. “Cash is king” as average joes like you and I will not be able to depend on credit to get the things we need.
  3. Gain some control over the necessities of your own existence if you can afford it.
  4. Be prepared to work with others as that will give you far greater scope for resilience and security. Form buying clubs. Growing Coops.Independent food security as much as possible.
  5. Be worth more to your employer than he is paying you.
  6. Look after your health!
  7.  Hold no debt (for most people this means renting)
  8. If possible Pay off your debt and do not take on a new debt no matter how low-interest rates may appear to be. 
  9. Instead of focusing on debt and credit, pay attention to your liquid assets.
  10. If times get tough, you’re gonna want like-minded people to work, trade, and barter with. Don’t rely too much on internet “prepper groups.” Instead, you’re going to turn to family members and friends you already know and trust. Invest in relationships with people who actually live near you and will be able to physically lend a helping hand when you need it.

(Deflation, for those of you who don’t know, is the phenomenon when prices for goods and services get lower and lower and lower during a given period of time.) Much worse than inflation because debts, in real terms, become far harder to pay off.

All contributions appreciated. All like clicks and abuse chucked in the bin.

 

 

 

 

 

 

THE BEADY EYE : HOG HEAD OF PORTER.

11 Saturday Apr 2020

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Take two bushels and a half of high-colored malt, three pounds of hops, two pounds and a half of treacle four pounds of coloring, two pounds and a half of liquorice root, one ounce of Spanish liquorice,- and of salts, slat of tartar, allum, capsium, and ginger of each a small quantity

The malt must be mashed in the same manner as in brewing ale, and the hops boiled also the same way: and when boiled, the other ingredients must be added.

Porter must be fined as soon as it has done working unless you intend to rack it off: in which case defer the fining until that time.

When you put in the findings, stir it well up with your staff, and let the bung remain out for nine or ten hours. – the butt must not be too full, for if there is not room for the porter to work, it will not readily go down.