Creating Something Out of Nothing
There is a scientifc and a mathematical basis to the question, yet it is a social construct that effects us quite deeply?
The need for understanding the mechanics raises the need for clearing the way for seeing labor under a structure that has evaded our awareness?
You can do the math on how many billion?:) What is the value of the "excessive reserve?"
How many billion and who profits from "the interest?" It's a question. Not to forget to mention about the "devaluation of the dollar."
If there are changes in Paulson's position from the original intent, and it had been decided that the banks were to disseminate this money throughout the population as borrowed money, who was to benefit? Why was there a change?
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The following must be held in context of Lincoln's Greenback.
CURRENCY, BANKING, AND THE MONEY TRUST
Quotation "B"
This shows how mercenary these usurers are. Rather than assume the care of the slaves, they would control labor with the use of capital. It necessarily followed that when the laborer ceased to be of service because of sickness or old age, he would be of no concern to capital. He could either get well or die without the capitalists being obliged to provide medical attention or bury the dead. Such was the interest that capital had in the result of the Civil War. The people of this country poured out both their treasure and their blood to establish the political and industrial independence of humanity, and the mercenary capitalists turned a trick of finance and converted the enormous sacrifice made by the people during that struggle into a victory for capital, in order that they might enforce upon humanity the industrial slavery that the trusts preferred rather than the chattel slavery which then existed in the Southern States
It is understood then the method by which people have become indenture is the awareness that we have been held to a kind of slavery that was well understood by the banking system in place, that it would serve well the method by which capitatism could control the masses.
There is a scientific and a mathematical basis to the question, yet it is a social construct that effects us quite deeply?
The need for understanding the mechanics raises the need for clearing the way for seeing labor under a structure that has evaded our awareness?
You can do the math on how many billion?:) What is the value of the "excessive reserve?"How many billion and who profits from "the interest?" It's a question. Not to forget to mention about the "devaluation of the dollar."
If there are changes in Paulson's position from the original intent, and it had been decided that the banks were to disseminate this money throughout the population as borrowed money, who was to benefit? Why was there a change?
-------------------------------------------------------------------------
The following must be held in context of Lincoln's Greenback.
CURRENCY, BANKING, AND THE MONEY TRUST
Quotation "B"
This shows how mercenary these usurers are. Rather than assume the care of the slaves, they would control labor with the use of capital. It necessarily followed that when the laborer ceased to be of service because of sickness or old age, he would be of no concern to capital. He could either get well or die without the capitalists being obliged to provide medical attention or bury the dead. Such was the interest that capital had in the result of the Civil War. The people of this country poured out both their treasure and their blood to establish the political and industrial independence of humanity, and the mercenary capitalists turned a trick of finance and converted the enormous sacrifice made by the people during that struggle into a victory for capital, in order that they might enforce upon humanity the industrial slavery that the trusts preferred rather than the chattel slavery which then existed in the Southern States
It is understood then the method by which people have become indenture is the awareness that we have been held to a kind of slavery that was well understood by the banking system in place, that it would serve well the method by which capitatism could control the masses.
The information displayed above in quote needs to be thought of in relation to the way labour is considered now and in the future. It is important then that such efforts placed before captialism under this heading serve to remove the "cover of illusions" which has portrayed by the acts of controlling wages by companies under the auspice of banking institutuions and controls of governement. Awareness then, shall override the false and illusive tactics that have undermine the progress of the rights of people to give that labour for a fair wage?
See:
Zeitgeist Addendum
See Also:
Naomi Klein's " The Shock Doctrine" {correct link updated}
(... Forum Observer....? Is that you ?? )
Forum who?
Scientists like to talk about "parallel worlds" and sometimes relating the questions of cosmology brings perspective to using the "scientific view and rationale" down to our everyday happenings? Are they not opinionated?
I won't go so far to say this is a "microperspective" in comparsion, yet it holds in my view that inflation is something that has been "written in the equation with the economy," while inlfation is a question for our universe as well. What contributes to it. Not just, the way it is.
THis way of talking I would think might "spark the interest" of a scientist in relation to their views of what is happening economically, to give a better credential perspective from recognizing "the basis and repeatability of a method used for developing that something out of nothing?" What is their logic and reason supplied?
So, I think, there is a archetectual design to what is "below planck scale" but I would never admit that the constant can change. I know what contributes to inflation in the economy, but how does it in the universe? I do have an opinion on that but I'd rather focus on the economy right now and what we can do to change the way we do things.
Best,
Money, slavery, purpose, freedom... The only purpose for money is to facilitate the exchange of goods and service from one person to the next.. It saves the the plumber head aches when he's hired by the baker as the plumber's wife bakes the plumbers bread.. so he has no need for an exchange.. other wise.. the plumber would have to get carpentry work done by the carpenter who owes the baker because the carpenter's wife won't bake bread..
See money can have a use.. how ever that we have become so dependant on money is an insanity.. We live by work, wether to provide ourselves with food or shelter.. clothing.. we work.. wether money is used or not.. Money serves only the laziest of humans because those who could afford to pay someone to do things for them are the one's who know less about doing things for themselves.. So what we have when we depend on money alone is a bunch of people who know nothing depriving people who would work to do things for themselves, like find a spot build a house.. if not for those who seek to keep money working for them... All the while keeping themselves ignorant of what makes life work.
_______________________________________________________________________________________ Follow the dream you have in your heart and don't let someone else's fears stand in your way.....Gypsy
Money, slavery, purpose, freedom... The only purpose for money is to facilitate the exchange of goods and service from one person to the next..
I'm no economist, but I think that definition might be expanded to include trade between countries. Under the current monetary system there has to be an accounting of debts and surpluses that exist between countries. And this is where it gets interesting. US economist Michael Hudson describes the "super-imperialist" arrangement between the US and other countries that came into existence at just the right time after 1971 or so, or when the Nixon administratilon took America off the gold standard. The USA has been using their status as serial debtor to actually exploit other countries including richest nations. It is the USA's willingness to become indebted to richest countries that enables their over-consumption and ridiculous spending levels on all things military.
Duck, Duck, Goose Financing the War, Financing the World, Counterpunch 2003
Dollar Glut Finances US Military Expansion 24th of 25 Project Censored Stories for 2010
Hudson understands the current situation, because as a young economist in the 1970's he was given an $80, 000 dollar grant to write a report for the US feds. In the report he explained how not to exploit the world through balance of payments. The Nixon admin then used Hudson's report and turned it into a "how-to" manual for uber imperialism!