Mr. Big's Plan and The Bond Junkies
Live and Let Die (1973)
Kananga: Poppy grower in thousands of acres of well-camouflaged fields, protected by the voodoo threat of Baron Samedi.
Bond: Then there's Mr Big, distributor and wholesaler through a chain of Fillet Of Soul restaurants.
K: Wholesale? "Sell" heroin, for money?!
B: My apologies. I'm sure you simply give it away.
K: Excellent, Mr Bond. That's precisely what I intend to do. Two tons of it, to be exact.
When entering into a fiercely competitive field, one finds it advisable to give away free samples.
Man or woman, black or white. I don't discriminate.
B: Two tons of heroin with a street value well over a billion dollars nationally distributed free? That should make a certain group of families rather angry, wouldn't you say?
K: Angry? Why, my dear Mr Bond, it'll positively drive them out of their minds.
B: And subsequently out of the business. - Quite ingenious. A sort of junkies' welfare system. Merely until the number of addicts in the country has doubled, shall we say?
K: Then I will market that acreage you blundered into the other day. That heroin will be very expensive indeed, leaving myself and the phone company the only two going monopolies in this nation for years to come.
The good news? Bond thwarted Mr. Big's ingenious plan... vertically integrated poppy fields (production) and distribution (Fillet-o-soul restaurants), handing out free dime bags, 2 tons with $1B street value (1973). Which would have resulted in all the junkies shooting up for free, all his competitors subsequently going out of their minds and business. FREE! the number of junkies doubles, being the only game left in town, the price of Mr. Bigs horse doubles, that doubled junkie population would gladly pay the last man standing to ride that white horse. Which would have made Mr. Big one of the few monopolies for years to come.
Good Bye Mr. Bond... As for the dollar squeeze, its not so much that we are the least dirty shirt, it is also an effect or affect of the ongoing ED (eurodollar) market and petrodollar contraction, and our dollar hegemony. You would think running consistently large twin deficits (budget, trade) and an ever increasing national debt, that our currency would be more Peso like. Unlike other currencies whose issuers lost control, Pound Sterling, fixed float; Yen, not THE global currency, the dollar commands an overwhelming share of a variable or free float marketplace.
Mr. Big's plan, for years he gave away FREE debauched dollars for transacting and arbitrage. A massive flight from the dollar? Now Mr. Big's clientele can't just walk away. Yeah, go right ahead and dump every single UST onto the market, try and pay off all the dollar denominated debt, and shift it all into Dathan's "golden calf" currency, then see what ensues. Due to dollar denominated transaction pervasiveness, 95% oil, 90% Forex, 85% financial (includes derivatives), 63% commodities and 65% of central bank FX reserves, nothing short of global economic chaos. The bad news? What if the dollar keeps going up as in out of the issuers control? For all those holding dollar denominated debt and carry trades, see the answer to the last question. The conclusion in Part 2.
Kananga: Poppy grower in thousands of acres of well-camouflaged fields, protected by the voodoo threat of Baron Samedi.
Bond: Then there's Mr Big, distributor and wholesaler through a chain of Fillet Of Soul restaurants.
K: Wholesale? "Sell" heroin, for money?!
B: My apologies. I'm sure you simply give it away.
K: Excellent, Mr Bond. That's precisely what I intend to do. Two tons of it, to be exact.
When entering into a fiercely competitive field, one finds it advisable to give away free samples.
Man or woman, black or white. I don't discriminate.
B: Two tons of heroin with a street value well over a billion dollars nationally distributed free? That should make a certain group of families rather angry, wouldn't you say?
K: Angry? Why, my dear Mr Bond, it'll positively drive them out of their minds.
B: And subsequently out of the business. - Quite ingenious. A sort of junkies' welfare system. Merely until the number of addicts in the country has doubled, shall we say?
K: Then I will market that acreage you blundered into the other day. That heroin will be very expensive indeed, leaving myself and the phone company the only two going monopolies in this nation for years to come.
The good news? Bond thwarted Mr. Big's ingenious plan... vertically integrated poppy fields (production) and distribution (Fillet-o-soul restaurants), handing out free dime bags, 2 tons with $1B street value (1973). Which would have resulted in all the junkies shooting up for free, all his competitors subsequently going out of their minds and business. FREE! the number of junkies doubles, being the only game left in town, the price of Mr. Bigs horse doubles, that doubled junkie population would gladly pay the last man standing to ride that white horse. Which would have made Mr. Big one of the few monopolies for years to come.
Good Bye Mr. Bond... As for the dollar squeeze, its not so much that we are the least dirty shirt, it is also an effect or affect of the ongoing ED (eurodollar) market and petrodollar contraction, and our dollar hegemony. You would think running consistently large twin deficits (budget, trade) and an ever increasing national debt, that our currency would be more Peso like. Unlike other currencies whose issuers lost control, Pound Sterling, fixed float; Yen, not THE global currency, the dollar commands an overwhelming share of a variable or free float marketplace.
Mr. Big's plan, for years he gave away FREE debauched dollars for transacting and arbitrage. A massive flight from the dollar? Now Mr. Big's clientele can't just walk away. Yeah, go right ahead and dump every single UST onto the market, try and pay off all the dollar denominated debt, and shift it all into Dathan's "golden calf" currency, then see what ensues. Due to dollar denominated transaction pervasiveness, 95% oil, 90% Forex, 85% financial (includes derivatives), 63% commodities and 65% of central bank FX reserves, nothing short of global economic chaos. The bad news? What if the dollar keeps going up as in out of the issuers control? For all those holding dollar denominated debt and carry trades, see the answer to the last question. The conclusion in Part 2.
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