patrick.net

What do you mean by Carter-Style Inflation?

Diversify.

I'm going to get killed for saying this, but I suspect that's why crypto has blown up. All assets are inflated by crypto is the new gold. It's perceived as a store of value. Invest at your own risk.

If that's not your speed, invest in assets or industries that would benifit from the comming inflation / stagflation / hyperinflation. History dosent repeat itself, but its similar so look at the 70s for guidance. I'd say oil companies may be a good play.

Not sure on bonds, don't know much about them...

When in doubt there is always the three G's of survival. GOLD, GUNS and GROCERIES.

Diversify.

I'm going to get killed for saying this, but I suspect that's why crypto has blown up. All assets are inflated by crypto is the new gold. It's perceived as a store of value. Invest at your own risk.

If that's not your speed, invest in assets or industries that would benifit from the comming inflation / stagflation / hyperinflation. History dosent repeat itself, but its similar so look at the 70s for guidance. I'd say oil companies may be a good play.

Not sure on bonds, don't know much about them...

When in doubt there is always the three G's of survival. GOLD, GUNS and GROCERIES.

He says:

Yes, but it’s a bit awkwardly phrased.

It says: In made China

Thanks the CCP driven politicians who implemented lockdown of economy.
Why china didn't do so? How are they growing?
Because that's what "masters" do while "slaves" suffer.

Read How Muslim invaders and British plundered India's manufacturing and economic output.
Anybody guess where our manufacturing si going..may be to our CCP masters?

https://www.foxbusiness.com/economy/stagflation-worries-comparisons-jimmy-carter-1970s
Stagflation worries ignite comparisons to Carter's 1970s
Stagflation is defined as a period of inflation with declining economic output

The inflation of the 70s was partially or mostly caused by the Arabs.

Firstly, they stopped selling any oil to the West.(Oil Embargo)
Later, they jacked the price of oil way up.

I'm very worried about the absurd government debt spending lately.

My response is buying some Swiss stocks, ETF symbol FLSW.

But I'm not able to generate new money so I will put the proceeds from GME and my WFC when I close out my shares.

farmer2021 says

Stagflation worries ignite comparisons to Carter's 1970s

That's silly.

Carter inherited the situation from the previous administrations. He turned it around with his appointment of Volcker, which cost Carter his job.

There's a long article in today's WSJ with the whole narrative, that I lived through here in the US, with a Front Row Seat. Did you?

https://www.wsj.com/articles/when-americans-took-to-the-streets-over-inflation-11623412801

clambo says

I'm very worried

I think you can chill.

Differences between 1970's inflation, (ahem, farmer, Carter became president in 1977 and appointed Volcker in August 1979), common knowledge to all of us:

- Americans are up to their eyeballs in debt. They cannot afford the higher prices and so won't be able to pay them for everything. In stuff where they mostly only sold to the minority of affluent people, like plane tickets and so forth, there will be pricing power. But not so for other stuff. Most people will have to throttle back and make choices. For example, gasoline up about 50%. In 2008, when crude oil and gasoline prices spiked, people needed to buy gasoline to drive to their jobs. So when the price got too high, they had to make choices and so quit servicing their HELOCs and Liar Loan Mortgages. We know what happened next.

- In the 1960's and 1970's there weren't billions of folks in Shenzen and Bangalore who can replace American workers with the click of a mouse. So the positive feedback loop of wage price spiral won't be nearly so self-reinforcing.

Like the ®ealtors say, and like the Crypto Hipsters say, "It's Different This Time", Homie.

B.A.C.A.H. says

Like the ®ealtors say, and like the Crypto Hipsters say, "It's Different This Time", Homie.

HaHa.. We will find out it is never different.

First of all, he started on the ground floor of being a Toronto Raptors fan ... when no one else was.

Realize, in Boston, such a move would have failed because the original Boston Celtics were from my grandparents' generation, the era of Bob Cousy, just before the legend, Bill Russell, was drafted. And then, Cousy was the local college b-ball hero despite being a poor finisher, without Bill Sharman, on his side. This is something that the old folks don't like to talk about, because Cousy was never a Larry Bird.

In addition, Cousy never won a title w/o Russell. That's a fact enshrined among all Celtics fan, young and old.

Since Nav Bhatia wasn't in Boston during 1949-1950, it wouldn't have landed well with the locals.

So what this guy did was take an opportunity (since more Canadians respected the Boston Celtics of lore over any local b-ball team) and built a brand for himself. Trust me, I'd worked up north and yes, Boston was regarded as a far greater basketball town than anything within Canada.

And from what it looks it, he's succeeded & isn't starting some "Sikhs Lives Matter" M.O. up in Canada making his family and clan look like some disenfranchised victims across the Provinces.

Just the opposite :
He calls Canada greatest country on earth and describe it as a heaven.
Super thankful also for giving shelter after Sikh Genocide in Bharat.

Toronto Raptors Superfan Who Hasn’t Missed a Game Since 1995 Has the Most Incredible Immigrant Story

https://nextshark.com/immigrant-toronto-raptors-superfan/amp/

clambo says

The inflation of the 70s was partially or mostly caused by the Arabs.

That's right, it couldn't have come at a worse time. Prices were already starting to increase at the end of the 60's with the spending schemes of the Great Society--welfare spending I think had exploded in the 100's of percent immediately with the first programs in 1966. Inflation at 3% seemed high compared to the 1% of just two years earlier during a booming economy. It kept increasing and panicked Nixon as he approached the '72 election. The administration instituted wage and price controls in August, '72 for six months. I remember how elated my friends and I were that gasoline wouldn't go above 29 cents/gal, at least for awhile. You could pretty much guarantee you wouldn't get a raise, but everything else seemed to fit some kind of exception. They worked so poorly and caused so many distortions and shortages in markets they did what government always does and doubled down with Phase II. By mid-'73 it was obvious nothing was going to work so it was scrapped. So much inflationary pressure had built up, then the Arabs turned off the spigot towards the end of '73 and the rest was history. Prices exploded in '74 with double digit inflation every month for a yearly average of 13.5%--gas lines everywhere. It had some of the most ridiculous effects in the most unexpected places. A huge Christmas tree had been lighted every year in the upscale Highland Park neighborhood of Dallas since 1925 except for five years: 1942-1945 and 1974. Serial killings also exploded in 1974.

B.A.C.A.H. says

I lived through here in the US, with a Front Row Seat. Did you?

Yes, working at Lone Star Gas Co. from 1967 to 1997, the 70's were our boom years with exploding profits that were cut by the brilliant policies of the newly created Energy Dept., which never produced one barrel of oil and cubic foot of gas with their Windfall Profits Tax. An energy company could lose money hand over fist and lay off people in bad times, but let them for a season go the other way and they had to be punished by a democrat administration.

clambo says

they jacked the price of oil way up.

That was especially bad when the average new Chevrolet of 1975 weighed 4,200 lbs. and its choked down 350 got a maximum of 16 MPG highway, single digit in the city. Even four cylinder, 80 hp cars could barely make 20 MPG on the highway. Today, a 300 HP V-8 can get 30 MPG with its electronic controls and overdrive transmissions. That's why there were lines around every gas station--allocations allowed only 80% of what had been given a year earlier, creating a psychology that made people want to fill up when their gauge quickly descended to 3/4 full.

Even Jerry Ford got into the act during his brief administration: https://www.google.com/search?q=win+whip+inflation+now+buttons+images&sxsrf=ALeKk00a9CYgQKyRk1jaUAqBvQxcdyCN1g:1623527889170&tbm=isch&source=iu&ictx=1&fir=ADoWJmZEHBVtTM%252CVN51OE8Uf78QTM%252C_&vet=1&usg=AI4_-kT297MferiDgelaa4t0OARG0jGLEQ&sa=X&ved=2ahUKEwi6h_fY8JLxAhXKPn0KHUypAg4Q9QF6BAgIEAE#imgrc=ADoWJmZEHBVtTM

farmer2021 says

Stagflation worries ignite comparisons to Carter's 1970s

NDrLoR says

Prices were already starting to increase at the end of the 60's with the spending schemes of the Great Society--welfare spending I think had exploded in the 100's of percent immediately with the first programs in 1966. Inflation at 3% seemed high compared to the 1% of just two years earlier during a booming economy. It kept increasing and panicked Nixon as he approached the '72 election. The administration instituted wage and price controls in August, '72 for six months.

Yes, farmer, we were here, we lived it, we know. It was not Carter-style inflation. Carter started the end of the inflation by his appointment of Volcker, which cost Carter his job.

I am not a Carter FanBoy. I even voted against him in 1980. But to label what happened as Carter-Style Inflation is wrong. (Maybe since he was a Democrat who was trounced from office, you're repeating Republican Family Values Hate Speak?).

Great men following Carter, Obama, and Biden types are soon upstage their predecessors, purely just by invoking some classic "Give a Shitness" political will.

Evil people and their misdeeds are quickly erased and any illusion that they were ever the "New Normal" is always sorted out, as pure Commie Liberal filth induced Defeatism.

Leftist are straight up cold stone losers that cowtow to defeat on every front. They hate and loath greatness, and will always push to elevate the lowest denominator to new Norm.

It's just how they are.
You can be an American, or you can just own and chose to preside on some of the world's most sought after Real Estate in the world. The Choice is up to you, but this is not how we roll. And America is more than a geographic location, or a Liberal Media quip.

Ok, so what's the issue here?

I mean is it wrong to be the biggest fan of a city's nascent basketball team, just because one's a Sikh immigrant and not from Boston?

I'm no expert, but I kinda view the dem strategy as wanting to raise taxes in typical donkey fashion. But, they don't want to crash the economy, so they're pushing hard for stimulus sufficient to counter the smothering effects of a tax increase.

I felt like Trump did a similar thing - he poured some gas on an already roaring economy to make sure his trade war with chyna didn't crash the market. He didn't want chyna to be able to strategically fight back via price changes or supply changes, potentially crashing certain market segments by spotting something on the edge, and pushing it over.

Anyway, I feel like in general, dems are trying to cause some asset inflation, and I feel this way because many of their desired tax changes would well position them for sweet tax incomes, if asset prices rise. Like,
-taxing capital gains as regular income.
-getting rid of the step up in basis for inherited assets.
-taxing inherited assets upon inheritance, instead of upon future sale.
-$15 min wage (will cause general price inflation for common things that most ppl buy, like shelter, food, fuel)
CA:
-bringing back the SALT tax deductions, which juice RE prices.
-trying to push the new bill which would subsidize 45% of home purchases, and securitize it, creating a fund that the public can invest in. This would juice CA RE prices too.

My guess is they will try hard not to crash RE prices. Especially since most donkey voters are in big cities, where RE is majorly inflated, and would also deflate most rapidly if they caused such a condition. Also, RE asset inflation doesn't directly affect the CPI inflation, so its "safe" for them to inflate here.

I'm not certain, as I don't really know much about economics, but I'm not convinced were likely to enter some new inflationary normal. Interest rates have been going down down down for 30+ yrs, and I'm not seeing some major policy change that screams inflationary to me. I hear lots of people say the inflation will be temporary, mostly this year. But then again maybe it doesn't really take much, it just needs a small change in the right place to cause inflation. Not sure.

Rin says

Ok, so what's the issue here?

I mean is it wrong to be the biggest fan of a city's nascent basketball team, just because one's a Sikh immigrant and not from Boston?

No issues on my side. I am just wondering how it will be perceived.

Tenpoundbass says

Great men following Carter, Obama, and Biden types are soon upstage their predecessors, purely just by invoking some classic "Give a Shitness" political will.

Evil people and their misdeeds are quickly erased and any illusion that they were ever the "New Normal" is always sorted out, as pure Commie Liberal filth induced Defeatism.

Leftist are straight up cold stone losers that cowtow to defeat on every front. They hate and loath greatness, and will always push to elevate the lowest denominator to new Norm.

It's just how they are.
You can be an American, or you can just own and chose to preside on some of the world's most sought after Real Estate in the world. The Choice is up to you, but this is not how we roll. And America is more than a geographic location, or a Liberal Media quip.

Hope so. Xiden is not good for our country and future of our kids.
Rich communist are not good for world. World have only faced "poor communists".. Not sure How this new breed will use their wealth transferred from regular Americans though their puppy called "wall street".
https://www.usnews.com/news/best-countries/articles/2019-12-24/china-surpasses-the-us-in-wealth-of-top-10

There is zero reason for common people to hate each other.
More we do so, More control we give to elites to manipulate us... listening ANTIFA/BLM ?
Instead we should use our energy to discipline and punish elites for their "hatred spreading selfish" agenda.

‘We make mistakes’: Raptors superfan Nav Bhatia puts positive spin on Bucks’ fan’s racist tweet
https://globalnews.ca/news/5324784/toronto-raptors-superfan-nav-bhatia/
“When I came here over 30 years ago to this country, I faced insults like that. But I don’t fight insults with insults back,” Bhatia said.
But Bhatia took the incident in stride, saying he “changed that negative thing into a very positive thing.”

farmer2021 says

Instead we should use our energy to discipline and punish elites for their "hatred spreading selfish" agenda.

Absolutely.

But how? That's the question?

We no longer have democracy.

Patrick says

farmer2021 says

Instead we should use our energy to discipline and punish elites for their "hatred spreading selfish" agenda.

Absolutely.

But how? That's the question?

We no longer have democracy.

I guess everybody needs to experience "bad outcome" before they come to their senses.
I see that even hard core liberal buds of mine and unhappy with Xiden and "mind-altering" education lefties teach their kids.
(See difference between liberal and lefty.. That needs to be reinforced and illiberal lefties hide in liberal skin).

Trump have cringe worthy personality and widespread "dislike" for Trump personally let Lefties slip in their nefarious ideas.
With Trump not at helm, I think some critical analysis likely will happen.
... But I can clearly see that at top US govt is behaving very fishy.. Not sure if military cast a net for CCP or our government is in CCP net...

Hircus says

-$15 min wage (will cause general price inflation for common things that most ppl buy, like shelter, food, fuel)

Nope. It will cause unemployment in areas where the prevailing wage is below $15/hr. The $15/hr min wage policy suits the Dems because they can use it to virtue signal to the base, while knowing that policy will cause employers to outsource even more to China. Thus they look like they are taking up for the wage workers while actually pleasing their Chinese bosses. Fast food and similar will see in influx of kiosk ordering and mechanized cooking. Sit at the table, order via tablet, food is cooked by a robot and delivered to the table by a wheeled drone.

farmer2021 says

Not sure if military cast a net for CCP or our government is in CCP net...

CCP has undue influence over American businesses by teasing access to the Chinese market, China being a source for cheap production, and Chinese ownership of so much enterprise in the US. Add to that the purchased influence of elite American universities and the outright bribery of member of the US Government and public officials. Look close and you will see how the Dem/RINO alliance is under the thumb of the CCP. Trump was the only threat to such which is why all those China influenced politicos banded together to do the after hours election steal.

Supply crunch + inflation quick answer that's why I'm in these sectors Coal, Rare Earths Offshore Drillers, Russian Oil companies, Copper( battery metal) Agriculture ( fertilizer) Shipping, PM, Uranium, guns (VSTO)

I'm still trying to gain exposure to each sector. Takes time and I use TA to time entry but wow it's working great. I told friends and family to get in Uranium in Dec man they would be so happy now~

Not all my doing work with hedge fund manager.

If you need names let me know.

HeadSet says

Hircus says

-$15 min wage (will cause general price inflation for common things that most ppl buy, like shelter, food, fuel)

Nope. It will cause unemployment in areas where the prevailing wage is below $15/hr.

I dunno.

I don't disagree that raising the min wage will increase unemployment / reduced hours, but to me it still seems like more money is being paid out.

i.e.,
if at $10hr a company employs 10 people = $4000/wk
then at $15/hr, some companies might fire everyone and go out of business, some might fire nobody, and keep hours the same, paying more than in $4000 labor costs, while some others might cut employees and/or hours in order to stay at the same fixed $4000/wk labor. But I think in general, while some employees and hours will be cut, I think most businesses will pay more than 4000/wk in labor, and most will also simultaneously raise their prices. The labor replacements, like kiosks, only get used to some degree.

-If they raise prices, there's some inflation right there.
-If they pay out more in labor dollars, that's more money into the hands of a group of people that as far as I'm aware of, tends to quickly spend their larger paycheck, usually on trifles.
-The unemployed people will likely still receive some portion of their salary via unemployment and/or welfare.

Now that I think about it, the unemployed will need to cut consumption of certain goods and/or find alternatives. But, the people who got a raise will spend some of their raise on different goods. A spending excess in one group, a deficit in the other group. This might make a net effect of reduced prices for some goods, and increased prices for others.

Maybe I'm just way oversimplifying, and there's more complex dynamics that I'm not considering, but to me it seems inflationary. Or maybe I'm underestimating how many labor replacements are employed, eliminating payroll with capital spending.

Hircus says

I don't disagree that raising the min wage will increase unemployment / reduced hours, but to me it still seems like more money is being paid out.

Where would this extra money come from? Market determines price of product, not your costs. A company like Apple sells its product at about twice cost, since that is what the market will pay. Apple could pay out higher labor costs and stay in business. Other companies cannot, as the market will not permit a raised cost. For example, the cab company I work at has about 20 call takers making about $10 - $12 per hour. If the state of VA decides to pass that $15/hour wage. those call takers will be laid off and calls will be answered by an agency based in the Philippines.

I think the Dems will hold off on the $15 until inflation makes $15/hr is near the prevailing wage. Then they will pass it to help big donors like Walmart to destroy the competition. In the mean time, the Dems will just talk about a $15/hr wage.

I ordered a roll of these just now.

I may need to consider this

clambo says

I'm very worried about the absurd government debt spending lately.

It's only paper; kind of like most of our portfolios.

farmer2021 says

Patrick's forum as here nobody is selling anything to bamboozle you for own profits.

Wanna buy some "GetRichQuick" crypto coins?

Send me a hundred bucks and I will start mining.

https://rumble.com/vigmep-these-leftists-are-calling-for-the-genocide-of-white-people.html?mref=patrick.net

Sikhs were disarmed before genocide by police.
If whites have common sense they will never disarm.

http://www.discoversikhism.com/sikh_genocide/sequence_of_events.html
1984 Delhi Sikh Genocide - Sequence Of Events

https://www.theepochtimes.com/mkt_breakingnews/nato-turns-its-focus-to-chinese-regimes-rising-ambitions_3857873.html?utm_source=patrick.net&utm_medium=patrick.net&utm_campaign=patrick.net

NATO Toughens Stance on Chinese Regime, Says Beijing Presents ‘Systemic Challenge’
BY CATHY HE June 14, 2021

The North Atlantic Treaty Organization (NATO) will confront the Chinese regime’s growing military ambition for the first time, the 30-nation Western alliance said on June 14, describing Beijing as presenting “systemic challenges” to the global order.

Patrick says

The North Atlantic Treaty Organization (NATO) will confront the Chinese regime’s growing military ambition for the first time

Hardly. They will just have some ramped up discussions, and dump money into the 3rd world countries to "counter CCP influence."

HeadSet says

What does the Chinese writing say? It does resemble the typical "Made in China" 中國製造 except for being upside down and two characters are different.

Most likely another word choice meaning the same thing? I would hate to fall for a gag. Anyone here know Chinese?

Good observation. I asked a trilingual friend whose native language is Chinese. He says the Chinese words part of the label means "is making China" or "is in the process of making China (great)"; the word "in" (pronounced "zai") in Chinese denotes both spatial and temporal "in the middle of," and the Chinese language doesn't have tense difference such as "made" vs. "making," or passive-voice vs. active-voice (the two words/tenses/voices are exactly the same in Chinese), so the meaning (consequently the tense in English translation) has to be context-dependent. The implicit "(great)" at the tail end is a common linguistic practice among languages/cultures rich in sub-text communication such as Japanese and Chinese; they often skip the most obvious part in expression.

Yep, control the framing, right on Pat. Don't operate in their frame.

https://www.theepochtimes.com/mkt_breakingnews/woke-ideology-mimics-precursors-to-totalitarian-slaughter-experts-say_3865035.html?utm_source=patrick.net&utm_medium=patrick.net&utm_campaign=patrick.net

Woke Ideology Mimics Precursors to Totalitarian Slaughter, Experts Say

BY PETR SVAB June 21, 2021

Some of the core tenets of the “woke” ideology spreading around the country mimic ideas used to justify many of the most horrendous atrocities of the past century, according to several experts.

A recently released documentary exploring the topic, called “Better Left Unsaid,” concludes that the self-identified “radical left” endorses four fundamental “truths” that they “hold to be self-evident,” noting that these tenets have also been used to justify and incite many of the worst massacres of the 20th century.

The first of the four claims is that “the world is best viewed through a group oppression narrative lens.”

The “woke” ideology is based on a set of quasi-Marxist theories that divide society into “oppressors” and the “oppressed” based on characteristics such as race, sex, class, or sexual proclivities. “Woke” is sometimes used interchangeably with Critical Race Theory (CRT), which is one of the more prominent ideologies that operate within this framework.


The second claim is that “evidence of oppression is the inequality between groups,” the documentary says. If the designated “oppressed” group does on average worse in some regard than the designated “oppressor” group, that is taken as virtually unassailable proof of “oppression.”

The third claim is that “peaceful dialog and understanding between the groups is impossible since the dominant group’s strategy is to retain its power.”

Woke theorists have posited that the “oppressed” have a uniquely valuable perspective on reality unavailable to the “oppressors.” Meanwhile, they say, “whiteness” or “white heteropatriarchy” can’t help but to try to maintain its “hegemony.” Even if it does things that benefit members of other groups, such as by abolishing slavery or giving women and blacks the right to vote, it’s still done out of self-interest and in order to further entrench its institutions and norms and thus ensure the “privilege” of its members.

Proponents of the ideology engage in dialogue between themselves, but with everybody else the communication is supposed to generally flow in one direction—that of acceptance of their views. Any challenge to the ideology is labeled as self-serving or even as an assault on the “oppressed.”

Finally, the ideology at least implicitly acknowledges that “because of the above, violence is justified to eradicate the inequities,” the documentary says.

“From my experience, they (to the degree they can be grouped together enough to call them ‘they’) tend to advocate for violence against those oppressing and equate it to laudatory behavior; hence, ‘punch a Nazi,’” author of the documentary, Curt Jaimungal, told The Epoch Times via email.

“I have catalogs of tweets, written statements, and videos of people ranging from students to [professors] explicitly calling for violence and downplaying the violence of those on the left when compared to the right,” he added, not because of intensity or frequency of such violence, but because of the so-called “nobleness of the extreme left’s position.”

These four tenets, Jaimungal demonstrated in the documentary, are common to many of the most brutal massacres and regimes of the 20th century, from the Soviet Union and Nazi Germany to communist China and the Rwandan genocide.

In each case, an entire class of society is painted as unfairly privileged and as such inherently oppressive, with little regard to specific actions of the individual members of the group. Meanwhile, disagreement with or mere disinterest in this classification is taken as support for the perceived oppression. With reconciliation through dialog taken off the table, the only remaining recourse is conflict—a “revolutionary” action where violence is seen as inevitable and, ultimately, preferable.

“Too few people know about the ceaseless carnage that took place under the masthead of the isomers of equity,” Jaimungal narrates in the documentary.

He said he avoided using examples of atrocities committed as a consequence of the totalitarian nature of the various regimes.

“I am careful to only list or only talk about the deaths associated with the philosophical doctrine of group guilt and class guilt,” he said.

Proponents of socialism commonly argue that the movements that led to these tragedies were commandeered or hijacked by people that didn’t really believe in the ideology. But they have tended to level the argument retrospectively, after they or their like-minded predecessors initially endorsed the movements and nascent regimes, the documentary points out. Also, proponents usually stop short of detailing how the next attempt will prevent any supposed nonbelievers from taking over.

The comparison between the preludes to past massacres and the current manifestations of the woke ideology is a fair one, as long as it’s not taken as an absolute, according to Erec Smith, associate professor of Rhetoric and Composition at York College of Pennsylvania.

“We’re not saying [a massacre] is definitely going to happen, but we need to be cognizant and remember our history and be careful about what’s going on here,” he told The Epoch Times.

Jaimungal’s conclusions were also recently endorsed by several scholars of totalitarianism, all of whom are critical of woke ideology. They were invited to comment on the film by Pat Kambhampati, chemistry professor and head of the Society for Academic Freedom and Scholarship at McGill University in Canada.

“The same ideas that gave rise to Curt’s movie and the discussion of communism, we see a lot of parallels and isomorphisms taking place in the West and within academia,” he said during a May 31 panel discussion on topics raised by the documentary.

Janice Fiamengo, retired English professor at the University of Ottawa and self-declared anti-feminist, backed Jaimungal’s argument during the panel discussion. She was also featured in the film.

“As soon as one establishes these oppressor groups and oppressed groups, then when you are speaking supposedly on behalf of the oppressed, you can do nearly anything,” she said.

Gad Saad, evolutionary psychology professor at Concordia University, put forth the point during the panel that people professing utopian goals have a tendency toward eliminating those who oppose them.

“Utopians believe that the world could be a perfect place except for this one group that is stopping the world from becoming a perfect place,” he said.

Another panelist, retired New York University professor of liberal studies Michael Rectenwald, linked the woke ideology’s potential to unleash totalitarian force to its postmodern roots.

Postmodernism introduced the idea of fundamental relativism, professing that there is no objective truth, but instead the powers that be establish as true whatever is in their interest.

While the documentary notes that this notion is itself a “truth claim” and thus undermines its own validity, Rectenwald pointed out that adoption of the notion has serious real-life implications.

“The problem with this is not simply that we have no criteria for truth claims with this kind of notion, but rather it leaves open the possibility that when it has the requisite power behind it then anything can be asserted and can be asserted with force,” he said.

He gave the example of the ideology behind the transgender movement sweeping through government institutions.

“The force of the state is behind it and they can say that if you don’t accept that your child is a boy or a girl when they are the other then you could go to jail for this … or you could lose custody of your child,” he said.

“So when my truth becomes as good or better than any objective truth then we get to this point where the requisite power is applied and therefore we get the kind of authoritarianism and totalitarianism that we saw in the Soviet Union where people were forced to maintain things they knew to be false.”

Jaimungal defended in his film not only physical truths, but argued that just as there are “preserved genes” in human DNA that stand virtually unchanged through time and would be catastrophic to meddle with, there are also “preserved memes”—ideas that stand true throughout history and are similarly crucial to maintain, timeless lessons one can find in many religious scriptures and ancient stories.

These ideas are ingrained in humans, but have also been “externalized,” meaning imprinted on the external world in the form of the written word, art, rituals, and so on, he says in the film.

“Our survival depends on these ‘externalized memes.’”

Clinical psychologist and professor Jordan Peterson touched upon this topic during the panel discussion, noting the damage to the Western mythos inflicted by certain scientific theories, particularly Darwinism, and the subsequent substitution of the religious underpinnings of Western culture by an ideological ersatz.

“I could say to the atheists among the group, you know, ‘You’re not too fond of religion. How are you feeling about its replacement?'” he said.

In an “intact culture” a person is “inculturated” by the age of about 18 into “a religious belief that saturates the entire culture,” he said.

“It’s granted to you, it gives you an identity, and that’s what your identity is.”

Western culture has become in this sense fragmented, he argued, as it now lacks such a comprehensive unifying ethos.

Students still come to universities with a “messianic” urge, craving an initiation of this sort, but what they’re offered instead is an ideology, which he described as “a parasite on an underlying religious structure.”

“A proper religious structure gives you a balanced view of the world, there’s characters for that negative part of nature, there’s characters for the positive part of nature, for the negative part of culture, for the positive part of culture. [It] gives you a view that enables you to look at the world and it’s existential permanences, I guess, in a manner that allows you to live a balanced life.”

Ideology, he said, doesn’t serve this purpose.

“You get indoctrinated into an ideology and you find where Satan is, you know, it’s not in you, it’s out there in the patriarchal oppressor, let’s say. And the thing about that is that it rings true mythologically and it is also true because every culture is oppressive to some degree and we’re all crushed as individuals by the dictates of arbitrary society. And kids get into the university and they’re taught this one-sided, lopsided doctrine with a utopian end and it matches their developmental needs perfectly,” he said.

If an ideology is accepted as an intimate part of one’s identity, it becomes difficult to let go of as it provides the person’s life meaning, Fiamengo noted.

“They would actually rather die than admit that they’re wrong,” she said.

Part of the solution, the panelists agreed, would be to restore universities to their original purpose of pursuing objective truth.

Trying to get the ball rolling by driving around shooting White people.

God help us if they ever spend some time at the range and actually learn to shoot.

Only Strong White people can defeat Strong White people. And the Faggidy ass White Liberals are far from fucking Strong?

They only thing protecting them now is laws. When they create a system that has no laws, there will be no laws to protect them from what will follow.

The first shots of the Liberals long awaited Race War, will take place at the White Elites who have agitated everything, bedside.

After that, everyone else will just look at each other and ask... 'So Are we COOL?"

and that will be that!