Possibly I am naive; I recall equipment that was out of my range from the time I was making minimum wage to now being a 1 percenter. In virtually every product there is segmentation. Maybe the difference is the mass marketers exited high end. But I have mass marketed receivers that are exceptional; so maybe they just decided the market for that final 2-3% wasn’t large enough to invest. Class warfare was difficult when I was poor; it’s equally disturbing now that I am not.
on the subject of banks- society needs normalization and consistency- or it is a free for all. No question things can favor the elites. But even the poorest have benefitted. I am living proof
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Ghdprentice
not looking to start a war of words but I am curious if all the “smart Americans” share all your exact view on things?
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Very great observations and particularly these:
on the subject of banks- society needs normalization and consistency- or it is a free for all. No question things can favor the elites. But even the poorest have benefitted. I am living proof
But now we lived through the passage to a single power and a single monetary and financial systems to many powers geopolitically and to some UNKNOWN money and financial revolutions to come...
Incertain time indeed...
This is why it is a time where we look for a new balance between what is normal and consistent and what appears to be abnormal to some "conspirationists nuts" or to some "enligtened thinkers " also, like a cancer, an abnormal growth which some others "sane" but sometimes superficial observers want to continue to call perfectly "normal" state ....
In a crisis there is no more fluent consistency between states of the system ...The crisis is the gradual lost of the habitual equilibrium norm and consistency...
At the end of Rome, the romans lost their consistency and equilibrium of power between the senate way and the emperor way before barbarian incursions...This apply today...In banking and finance also and geopolitically alike...
A world famine now lurk at the horizon, a famine which is an artificial creation by the immaturity of humankind...
What is a poor? Someone who cannot eat or drink or work ...
For some years now the poors whom habit the world benefit less and less in this crisis time... An articicial inducely created crisis not by a global conspiration, but by the stupidity of a multiple numbers of egoistic conspirations like a serpent raise his head ...
Between chaos and a global totalitarian control, i wanted true democracy free from corporate lobbying of all kind... We dont have it in Canada at all, now less than ever...
And i dont see it anywhere now....Even the appearence of democracy are losing more and more ...Only subsist some degree of totalitarian fascism around the world...Fascism being a collusion between the corporations and state...
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Mahjister, normalcy and consistency do not necessarily mean “ never changing”. Things can clearly get out of balance and require corrections. Full disclosure- I fear the uber-wealthy may fight against recalibration- but haven’t they always? As long as the masses can organize their collective thoughts and mobilize for change it can happen.
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We think the same...
In a time crisis, there is no more a natural reequilibration of forces, this is why it is called a crisis......
For a rare moment in time history we live through multiple crisis at the same time on different level...
For example in the last two world wars there was no global climate change problems at the same time, or an acute global economical crisis world wide at the same time and a sudden INCREASING of a global scale of the wide disparities of income between people, and no gobal water crisis at the same time, no global energy crisis at the same time , and no global agricultural landmasses lost by destruction of the soil at the same time etc ....No decreasing conservation of the natural untouched part of the earth like antartica, the tropical forests, etc
And the irrationality of our banking system and money conception was NOT SO MUCH EVIDENT at this time either ...Now it is evident for all people not only for a few economists and is a part of the global crisis...There is also a global lost of confidence and trust crisis...Religions did not play anymore the same role and cannot by itself alone maintain the "sanity " of the mass or keep them in some controlled state...
For example between 1900 and 1960 there was a decreasing in poverty world wide... This trend was maintained stable after that for some deecades... Now it is the reverse there is an increasing poverty...And the reason are multiple... This is the occurrence of this many problems at all levels that constituted the crisis...
Man is deracinated from the tree of life, it is now only a machine whose parts we can recreate or sell....It is also a part of the global crisis...Transhumanism is a symptom of the excessive pride of some part of the " elite" of humanity, the rich one for sure, a new specialized cult for the lucky few...
There was a general improvement on many count in the last century, yes, in spite of all obstacles, but it is on a halt now, it is why it is called a global crisis....
Gates think we are too much people, i think that the disparity between poor and rich is the world problem, not demography itself... With education demography is no more a problem....Then instead of global vaccination it is perhaps better to pay for bread and water and education...But it does not give any return profit for sure to the "benefactor"...
I am optimist for AFTER this passing testing crisis for humanity....I am not optimist for now.... 😁😊
Mahjister, normalcy and consistency do not necessarily mean “ never changing”. Things can clearly get out of balance and require corrections. Full disclosure- I fear the uber-wealthy may fight against recalibration- but haven’t they always? As long as the masses can organize their collective thoughts and mobilize for change it can happen.
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@mahgister The youtube link featuring Geoffrey Bloom is a good example of why a little bit of knowledge is dangerous. Fractional reserve banking is a given and serves society exceptionally well, but it is not criminal.
In many Western countries central banks are not part of the political system - they are deliberately independent. When politicians or their advisors of any political persuasion seek to meddle, they get a Will Smith slap.
Donald Trump attempted to in his early days of Presidency, and more recently Janet Yellen as head honcho of Treasury - her comments were swiftly deleted from the record.
Quantitative easing is was often called unconventional policy, but it is not counterfeiting nor is it criminal. It is central banks buying bonds in the open market.
Central banks charters specifically direct them to manage interest rates through a variety of methods - it is not manipulation, although I can understand why some may draw that conclusion. It is rare that a central bank anticipates - they normally follow what has already happened in the economy.
Certain individuals in the retail banking sector did manipulate LIBOR, and that was criminal and they knew it. To extrapolate that conduct to those tasked with setting interest rates is incorrect.
Moral hazard is a real issue as was demonstrated in the global financial crisis, but it has more to do not with retail guarantees (he was confusing different issues) but with the private institutional bankers knowing that they will be bailed out with a slap should things go awry, or if not, jail is only a very remote possibility. This was a combination of government policy and what was known as the "Greenspan put" in a more general macro sense. That may be googled.
And he begins with "you do not understand the concept of banking" - what follows is a fine example of an embarrassing non sequitur.
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You are right ...BUT....
Fractional reserve banking is a given and serves society exceptionally well, but it is not criminal.
When fractional reserve banking was rational and not influenced by financial powers behind banking activity ...And there is many type of fractional banking of money, for example one backed by gold, one backed by energy, one backed by nothing ....
And something could be motivated by greed and power WITHOUT being criminal but being irrational or being an illegitame attempt to comply with greed demand in financial circle... like in the case of the repeal of the Glass-Steagal act by Clinton policy...
For exemple the abolition of the separation between investment bank and commercial bank and his link to the financial crisis of 2008...
I cite wikipedia here : «Weissman agrees with Stiglitz that the "most important effect" of Glass–Steagall "repeal" was to "change the culture of commercial banking to emulate Wall Street’s high-risk speculative betting approach. »
And Goethe in his analysis of John Law concept of money in the Second Faust, was not an accusation about "criminality" but about blind irrationality of a fractional money concept back by the wind...
And it is impossible to understand central bank complex system without reading about their history...
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@mahgister When fractional reserve banking was rational and not influenced by financial powers behind banking activity ...And there is many type of fractional banking of money, for example one backed by gold, one backed by energy, one backed by nothing .... blind irrationality of a fractional money concept back by the wind...
I speak only of the fractional reserve banking currently practiced by retail banks which are subject to independent and prudent financial regulations. Even in China.
That this not understood and is embellished is a deliberate attempt to go in circles. Small steps..
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@ghdprentice
Some thing that has followed me through life. I took logic in college and became a scientist. My skepticism has remained… ferreting the truth. Living all over the world and understanding different points of view. I have to admit, I am pretty ashamed to be an American. As some as my European and Asian friends said, “Americans, some really smart people (fortunately me included in this group) and a whole lot of stupid ones.”. Unfortunately, true.
I have similar background in how I was trained early in life and in college. I was taught critical thinking and then took logic while working on my degrees. I have also lived and worked outside the United States (still do) and understand that most American's perspective is very myopic. I believe that if more Americans traveled the world they would understand how much they've been lied to all these years. I don't think American's are less intelligent than other people in the world (lots of dumb people all over this planet), but they do tend to be more childish (emotionally) and narcissistic.
I do stand by the my belief that dumb people vote for dumb politicians. That is intended to be party neutral.
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@djones51
Not all opinions are equal, especially opinions espoused by NeoNazis, skinheads and conspiracy theorists. I'm tired of reading these antisemitic, racist, conspiracy addled comments and sitting by as if they're normal conversations.
But if they aren't allowed to express their opinions in public how will you know what they are? I think letting them expose themselves is the best thing we can actually do.
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I speak only of the fractional reserve banking currently practiced by retail banks which are subject to independent and prudent financial regulations. Even in China.
I dont understand your post answer....Your claim is so general it means nothing...You live with the "myth" of central banking idea, i speak about the reality of central banking now...
This article is interesting:
The Death of the Central Bank Myth
For decades, monetary policy has been treated as technical, not political. The pandemic has ended that illusion forever.
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With Trudeau insane laws about speech and terrorist laws we canadians are more brainwashed than ever with no more freedom...A canadian free press did not exist...And medecine is decided NOT by the patient and a free doctor but by unelected international institution or worst imitating US corporate powers dictum and the like of Fauci...
Are we myopic like Americans ? alas! i think so, because we elected him...It was not so mucj like this decades ago...
It is so true that a conservative ex prime minister like Brian Peckford, who is the last surviving minister who signed the new constitution of the country appear NOW with his "common sense" like a REBEL banned of all official medias and organize a just lawsuit against the stupid actual government...He is my new hero... A vestigial remain of a time who even politicians with whom we could disagree were anyway the FREE owner of a working brain...
I am nostalgic of Kennedy, Einsewnhower, De Gaulle, and of the half good part of Churchill... 😁😊
I have also lived and worked outside the United States (still do) and understand that most American’s perspective is very myopic. I believe that if more Americans traveled the world they would understand how much they’ve been lied to all these years.
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I dont understand your post....Your claim is so general it means nothing
I’m glad that has been clarified.
When linking to something, copy the URL link (the address, www.conspiracycentral.com, for example) from your browser, then highlight some words in the body of your text, click on the thing that looks like a paperclip in the menu, and paste the URL link into the appropriate spot..
Its better than magic, true!
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At the risk to be seen like an idiot i must say i tried it without success... 😁😊
But the link is there then what is the problem?
Thanks and i apologize for my inability...
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Femoore12
Thoughtful post. I agree most Americans are myopic, as are the majority of humans spread across the globe. Self centeredness is a basic driving force of survival. As to everyone having a voice, and even though I may find some reprehensible, I struggle with the idea that they have no right to be represented in the larger equation. I have faith that the majority will see the logic in win win decision making- taking into consideration the concept that some may obtain a larger portion of the win. I don’t see how we unwind some of those basic instincts of survival. In every species some form of Darwinism is evident.
and back to the OP…….Corporations (people), are wired to maximize their return on effort. Nothing at all wrong with that concept. I assume some manufacturers see the ROI in mid-fi to the masses- and others are targeting the Uber wealthy who have the capability and desire to chase that last couple of percent. Even that group of buyers is maximizing their ROI…….They may have a different set of value requirements than you or me. Peace.
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Ovinewar1,
Well thought out, astute, and well said.
Kudos!
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Thank you thecarpathian. I have extreme faith in humanity. Rarely get to post but enjoy reading the banter. The flu has provided me some additional time in my calendar 🙃
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Adjusted for inflation I don't think HiFi is any more expensive that it was in the 70s. I remember paying over $450 for a Pioneer CTF-950 cassette deck in 1979. In today's dollars that's $1400. And I bought this while working as a stock boy in a grocery store. The big difference is I didn't have hundreds of entertainment devices competing for my money. No $1500 laptops, $1000 cell phones, $100 a month cell phone bill, $500 game consoles, $80 games, $300 concert tickets, etc. It wasn't uncommon for the average college student to assemble a setup that in today's dollars would be several grand. Sure we had to scrimp and save, but we just had different priorities.
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@ghasley : clearly, you are unable to appreciate dark sardonic humor.
I also posted it as a way of protesting how off the rails off topic this thread became.
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I think the general offer of new tech or different designs increase with an increase in price at new pricier level never seen before for sure , but the possibility of buying a very good system with a better S.Q./price ratio is better than it ever was in the past...
With each passing decades more new products are becoming more than ever a new vintage purchase possibilities for example, then even if the higher high-end products increase in price we are luckier than ever for possible buying choices of great sound at low cost...
I paid 50 dollars my used Mission Cyrus box speakers...They had insanely good potential for their original mid-fi level....It is not a Fritz speakers for sure but not so far behind i am sure... I dream to buy Fritz speakers but i will live with my 50 bucks used marvel with clear bass i can feel all over the room...I cannot fault them even if better speakers exist like my past Tannoy dual gold concentric...
My 400 bucks Tannoy of 1976 will be priced how much today with inflation? 2,000 bucks... It is the price of the Fritz speakers or near it...
But there exist nowadays over 100,000 bucks priced models with way less equivalent products offered at a comparable stratospheric price level in the past , the audiophiles basin was not the same anyway in numbers across the world nor the audiophiles were the same species either...It is a darwinian evolution of the customers basin with time and the environmental technology pressure on him...
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So we know that there is minimal demand for "hi end" audio among the masses. It seems demand will remain low until someone manufactures an audio system that truly creates a live and or holographic experience that any person can just plug in with little to no special set up (speaker placement, large/intrusive speakers, acoustic treatment, special cables, etc.).
To the extent that there are an excessive # of manufactures and retailers that sell products at excessive prices that are not truly "luxury" items, high prices will remain artificially high.
Whereas, I have no doubt that the Porsche Cayenne exceedingly out performs my Ford Edge. However, I suspect that if everyone needed the full performance capability of the Cayenne to get to work or drive to the grocery store, the Cayenne might be a bit more affordable. Hence, I can save a ton of money by utilizing sufficiently high performance equipment that is cost effective relative to my 210 square foot listening environment.
When I buy my mansion with an acoustically engineered small auditorium, I'll purchase a system that can push 2500 square feet of air at concert volume levels while maintaining near perfect frequency response and delivering hyper details (that I could not hear if I we're at a live concert because I don't naturally hear in "high definition" or because the room acoustics of the venue prevent me from hearing the sound of Diana Krall's eyes blinking as she sings.).
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+1 @rbstehno
I suppose thats why Revel stopped producing the 2’s. You can’t sell anything that good for such a low price today. The audiophile community demand higher prices.
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Not if you go about it in a smart and cost conscience manner and filter out the hype.
As an experiment, I just successfully replaced gear that sold for 9k about 12 years ago with a new unit that cost only 3K.
Just be aware of all the options out there. If you rely on this site only, chances are whatever sound you end up with may cost more. Plenty of affordable gear out there these days that can deliver sound worthy of the label “high end”.
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can’t imagine Revel would hesitate to raise prices if it would increase sales...and this site still occasionally has some great deals...
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I think the upper end of the high end maybe even the “vanilla” version of the high end has gotten stupid expensive. But at the same time one can assemble a great system for not too much of a cost nowadays, as well.
What’s really crazy is you can connect a pair of inexpensive IEMs ($200-$300) to your phone and get absolutely mind-boggling good sound!
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Even a modest hi-fi system w/ better totl vintage, so no need to buy stratospheric priced gear.
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The price is gonna go up as long as there are people willing (and looking forward to) paying more. Simple as that. Time for the Green Eyed Monster to take a walk.
All the best,
Nonoise
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Guessing the bar is set low.
What’s really crazy is you can connect a pair of inexpensive IEMs ($200-$300) to your phone and get absolutely mind-boggling good sound!
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I picked up a Heed Elixer to conserve tube in my Qualiton and it is $1100.00 worth of Class A SS magic.
Sounds fan freaking tastic!
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Look at it this way. Either you buy or you don't. Nuff said.
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@mahgister
"Gates think we are too much people, i think that the disparity between poor and rich is the world problem, not demography itself... With education demography is no more a problem....Then instead of global vaccination it is perhaps better to pay for bread and water and education...But it does not give any return profit for sure to the "benefactor"...
I am optimist for AFTER this passing testing crisis for humanity....I am not optimist for now...."
Me too. The people have to find a way to reverse the decades old trend of ever increasing amounts of money ending up in the hands of an ever decreasing amount of people.
Just today I saw a blurb highlighting the fact that 93% of the world’s wealth currently was in the hands of just 8 families.
8 families?
Even if that’s only half true, it’s a deplorable situation.
How have we managed to end up back in modern day feudalism?
Perhaps we can convince them of the virtues of philanthropism as practiced by some of their predecessors such as Andrew Carnegie in the last century, and Warren Buffet in this?
Or perhaps it’s time to bring back the guillotine?
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Perhaps we can convince them of the virtues of philanthropism as practiced by some of their predecessors such as Andrew Carnegie in the last century, and Warren Buffet in this?
Or perhaps it’s time to bring back the guillotine?
Philanthropy is not a solution ...Half the time philantropy is not giving but another way to takes control...
Guillotine solve nothing... This is not a justice question so much ( Gates is not a monster but an intelligent egotistical idiot sorry ) than a question about education and FREEDOM of speech and PRESS and freedom of the medias from corporate censorship first ...
There exist only 2 problems on earth... No it is not demography and climate change first ...For sure these 2 problems are BIG real problems..
But they could be solved "easily" by EDUCATION and FREEDOM of information if people on earth can drink clean water and eat bread and after that THINK freely ...
Then the body being healthy, the mind free by education, the human consciousness can work freely to solve the problems together...
Simple to understand , hard to implement now... Why?
Because 90% of the ressources are in the hand of a few people yes... But it is not the worst... The worst is these few control ALL education, all news, all medecine and agricultural method, and many people are so ignorant they negate this simple facts and call that conspirationism...And after that goes on sleeping and repeating the propaganda in their dreams....
This is the problem...Spiritual awakening and study and meditation are the ONLY solutions.. For sure If we can drink water and eat bread without a programmed world war above our head like some want to have one right now...
The biggest problem at the end is that we lack the TIME to do this .... Climate changes and wars will took us away from the necessary freedom to think about solutions...
My optimism then is for the very long term .... 😞
But we must stay optimist, soon people will sell their gear for peanuts to eat... 😁😊
Hyperinflation is at the corner...
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8 families?
Please check your facts.
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Just today I saw a blurb highlighting the fact that 93% of the world’s wealth currently was in the hands of just 8 families. 8 families? Even if that’s only half true ...
Just today I saw a blurb that said Elvis is still alive, JFK will return as a spokesperson for Q and Trump will be reinstated as president on April 18, 2022. Even if that’s only half-true ...
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Just today I saw a blurb that said Elvis is still alive, JFK will return as a spokesperson for Q and Trump will be reinstated as president on April 18, 2022. Even if that’s only half-true ...
i like your answering humor... Thanks...
But once this is said it dont takes many second of search around the net to discover a simple truth: the vast majority of all ressources on earth are controlled by few...
The exact numbers dont matter...
for example and i dont think that drawing graphs maps are being a nut or a Q disciple :
now i will help your thinking process to reduce the complexity of this map to three single point...
Who do you think control the vast majority of these 10 companies who control almost all food distribution and production on earth?
i will help you here....
Three major investment funds:
Blackrock, Vanguard and i will let you discover the third... You must work also...And perhaps with this little exercise you will discover that all "conspiration" or all maps dont come from the imagination of Q...other nut people exist like me... 😁😊
Now to finish the demonstration... for example who control the medias in the world or the agro business or big pharmas...Ask for the maps graph on the internet...you know how to search isn't it ?
Look for each maps...
And at the end ask yourself what are the three big corparate financial investment tcorporations that control all of them...
Answer: Blackrock, Vanguard, and i dont remember the third one and it change place each 6 months with the fourth one in controlling power anyway...
Now ask yourself who owns the greatest money control part over Blackerock and Vanguard and the few others big mammoths...
Very few people, so few, the list will amount to couple of hundred...
They all know each other, it is not a conspiration, it is like a very friendly cartel of people, they all go to the same Swiss resort and are all invited in the same lunch after each Davos summit...You know what people organize this Davos "vacation" each year no? A clue: they are not elected people...
Is it a conspiration obsession of my part in my head ? No...
It is a FACT...
If you think they speak about their wife and their hobby and thats all, you can...i think otherwise...
I think they take our happiness at heart and dont sleep because we have all of us so big problems they can solve for us...Hyperinflation for example...
For exemple a pandemy ... 😁😊
I will stop here because i dont know if you can add 1 and one equal two....
Feel free to call me a nut...I like your humor anyway ...
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@mahgister
Do you spend alot of time with these exercises?
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I take few minutes to wrote the post...
This information is everywhere...
And i dont like when another people call someone i know "conspirationist"...
I like posting some arguments...If you prefer to call an argumewnt an exercise it is ok...
If you dont like "arguments" simple one, in this case simple graphs, and the meaning of their few end nodes i apologize...
But for each one his plate...I must answer sometimes to someone insulting me or another one... with no insults and WITH ARGUMENTS...
If you have a counter argument in this discussion or "exercise" i will welcome it and answer it...But i answer to insult also in some case....In other case silence is the best politic...
By the way i am retired and i had taken my journey in audio with passion, i made many discoveries...Acoustic being the most important one for the last 2 years...With plenty of time i answer to some here...You cannot reproach me that, i try to stay polite with humor but i am a bit heavy in english prose, i never spoke a word of english here , and i never travel a lot . Reading and music keep me glued on my seat...😁😊
My best to you...
@mahgister
Do you spend alot of time with these exercises?
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In 2021 Thomas Piketty concluded that approximately 3,000 billionaires control 3% of the world's wealth. The bottom 50% of income earners control 2%. This level of income inequality rivals the Gilded Age of more than a century ago.
Numbers and facts matter.
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Numbers and facts matter.
Yes they matter indeed...
But the conceptual dymanic behind interpretation of numbers matter more...
The control imposed on humanity is not well understood by the Piketty numbers only : «The richest 10% of the population now takes 52% of global income and the poorest half just 8%, it said.»
It is way clearer if we put all this on a graph trees analysis...
Because at the end ONLY three ou 4 nodes at the pyramidal peak control all the rest directly or indirectly...the powerful people DONT NEED TO OWN EVERYTHING nor to be the richest...Only idiots or narcissist superficial personality want to be known all around the world...Powerful man search for power not for celebrity...Their ego dont need to be assured by others at all ...
Then it is worst situation than the situation depicted by Picketty in a simple linear way...
All humanity is controlled by few people, an oligarchic class that cannot be reduced to wealth at all...
One of the most powerful man in the planet is the technocrat director of the B.I.S. for example who is very poor compared to Gates but not less powerful and not known , ask his name even to Biden, he will stay mute...... The Blackrock investment fund financial director Larry Fink has more power than Bill Gates and he is very "poor" compared to him...
«The world’s three largest asset managers (BlackRock, Vanguard, and UBS) alone control $21 trillion, roughly equivalent to the entire U.S. economy in 2017 and nearly twice as much as the entire world’s hedge fund, private equity, and venture capital industries combined.»
People who think they are free now in Canada or US read comic books...We mimic marxist China social control method now , methods which were invented in the British empire anyway, and the Chinese surpassing us here nowaydays appeared to be our master in the covid crisis social control... We then imitated them or our governments under the heavy fist of the corporate lobbys imitated them and cannot wait to geolocalize our body information... Ask our friend Bill Gates...For our benefit for sure, think the comic book reader of captain America...
"Brave new world" Aldous Huxley
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The pursuit of fine audio like so many of the other fine things in life depends upon the amount of disposable income one has. In fact quite a lot of happiness depends upon this.
Therefore it's of paramount importance that our governments actually work for us and not for corporate interests.
@mahgister
It was an eye opener for me to discover that so many of the so called bitter rivalries such as Microsoft v Apple, McDonald's v KFC, and of course Pepsi v Coke weren't really such bitter rivalries after all.
At least not when the owning parent companies such as the above mentioned BlackRock and Vanguard were often one and the same.
Whatever happened to the monopolies commission? Or don't they bother to look beyond the brand name anymore?
Thankfully, this is the age of the internet - the real information age.
People can nowadays access business data much more freely, at least up to a certain point, and then make up their own minds on how things are really being run.
Or if they prefer, they can stick to the old hegemony handed down for generations.
The real point is that things are changing fast, maybe faster than ever before in our history, and that's something that might need to be understood.
It is surely no exaggeration to say that those who do not have access to online information are now at a serious disadvantage, is it?
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It is surely no exaggeration to say that those who do not have access to online information are now at a serious disadvantage, is it?
They are not at a disadvantage, in many case, it is worst they are lost...
Without spiritual intuition protection, the falseties in society kill the freedom of the mind...Save for some already very strong spiritual person...
In the same way before this information age we were most of us lost and more easily prey to all religious and political and economical powers ploys and manipulations ...
First: i know someone of my age that never owned a computer and trust only official TV news...
He is so lost about anything that it is impossible to discuss with him about what occur in the world... He cannot BELIEVE anything because the reality is so much incredible, that the sanitized version of event and the superficial one ONLY appear rational and not too frigthening for him... I understand that myself because what i learned is so disturbing even for me...
Second point...
Even in this forum where most people, if not all, enjoy an internet connection the level of brainwashing expressed through these threads is so great , even among intelligent people furthermore, that i think the access to some truth is not enough... We must search for the truth, in spite and over of our own ready made opinions, to accept it ..
And very few people are ready to loose their past politicial, social, psychological, economical philosophical illusions and paid the price to pay to discover and admit the truth...
Truth is without mercy and it is not surprizing because truth is already silent justice in the working bench ...
If justice seems absent around us, it is an illusion, truth is working already from the beginning and you can turn your back on truth but nobody has ever been able to bury it, truth ressuscitate always... Hindus called it karma...It is for me for "mathematical" reason that i believe in Christ resurrection and in our own resurrection ...The distribution of prime numbers contain all perspectival truths from the beginning to the end... It is the skeletal appearence of a universal "memory" working in and out of time....But this is another matter i will not enter into here .... 😁😊
No justice exist without truth....
And truth is eternal...
The ultimate truth is love...
And we are ourselves the balance between justice and love...
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Guessing the bar is set low.
Actually, the opposite. You’d be amazed at the quality of sound a pair of Etymotic ER4 and a phone streaming lossless can provide your ears.
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LOL my phone is for business only. Email, Calls, Navigation and Audible Books.
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Sure, prices on lots of things have gone up.
But the best equipment is much better than it used to be. Although that best equipment costs a LOT of money, that development has greatly trickled down. A $500 turntable today sounds better than a $500 table from the 1970s, I'd posit, for example.
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"Has the cost of HiFi gotten a bit too much."
That's a question of opinion. Certainly, the audio market tracks closely to other luxury goods markets. I'm a bit amazed you can spend 100K on a watch or any number of things, like an amplifier. But is it too much? I suppose it's not because the high end exists because there are people at the top of the pyramid that can afford to pay just about anything, for anything.
The second part of the question -- "it seems like high-end components prices have really risen more than inflation" -- is something we could find out, if someone was enterprising enough to look at the data. My guess is that prices have exceeded inflation adjusted pricing. But, the quality of materials, design and build, etc. are truly extraordinary these days--and that does cost something to achieve.
Now, do I feel a bit of shock at that $145K TechDAS Air Force One Premium turntable?
[Falls out of chair.]
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Too many dollars chasing too few products and services? Certainly companies are able to raise prices, because they can, and people will pay those inflated prices. Our Netflix membership price increased again, as it increased just a few months ago. Did Netflix bear increased cost...not a chance; they raised prices because they could.
Inflation in the basics that people of all income levels is definitely a concern, as groceries, food, gas and other basics effect most people. But with increases in high end audio equipment prices. I can't get all teary eyed about those inflation numbers.
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