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| Joined: | Mon Nov 21st, 2005 |
| Location: | California USA |
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That above is the song of increasing interest rates. It is the song that is half true. It is the scarcity song, the capitalist pricing scheme song.
Here is a version of the song:
This is rationing by lining up. It is the alternative to rationing by price. Rationing by lining up creates no financial incentive for suppliers of the item in short supply to allocate new supplies to the region of the country which is experiencing a shortage. Instead, delivery schedules remain the same as they did prior to the shortage. This continues the shortage.
The song tells a story about two, and only two, choices by which people can solve the problem of scarcity.
A. The capitalist pricing scheme
B. The capitalist pricing scheme (worded differently)
The problem with this song being sung for the Oil Companies is self-evidently duplicitous or "two faced".
What, for example, is the capitalist version of the cause of scarcity? Do they not blame the scarcity on “The Government” with government “price control” legislation?
See how that works.
Capitalists blame the scarcity problem on government price controls, and then the capitalists prescribe the solution as price control, by capitalists.
Do you think that I am kidding?
Read the link. The big bad government dictates punishment when people gouge other people with high prices, so the big bad government causes the problem of scarcity by controlling the price to levels that are too low (according to the capitalists).
What is the solution to the big bad government price control problem?
Price control by capitalists is the solution offered by capitalists to the price control problem by government.
What is the real cause of scarcity? Does Gary North endeavor to find the real truth and then pass on that accurate knowledge to his readership?
Here is a link that offers evidence as to the real truth behind the gasoline shortage, the other half of the truth that Gary North ignores or is unwilling or unable to know and to pass on.
http://video.google.com/videoplay?docid=3340274697167011147
There is another principle by which the scarcity problem can be solved. This solution requires an honest and accurate desire to solve the scarcity problem. I’ll list the first two solutions and then add a third (there are many possible solutions) solution to the problem of scarcity.
- Price controls by government
- Price controls by capitalists
- The cost principle
In order to understand the cost principle I’ve discovered a political and economic law that offers the power to understand the cost principle solution to the scarcity problem.
Power produced into a state of oversupply (ending scarcity) reduces the price (controlled by government, capitalists, sellers, buyers, people, human beings, criminals, legal criminals, liars, thieves, torturing mass murderers, etc.) reduces the price of power while purchasing power increases because power reduces the cost of production.
If, for example, the suppliers of oil power controlled their price for oil sales based upon the cost principle, then the price of oil would be no more than the cost of oil and that cost is determined by how much it cost to deliver oil to the point of sale. The customer pays all the costs associated with delivering oil to the point of sale.
That is the cost principle solution. The incentive is to sustain a sustainable business and do so better than any other competitor in a free market. That is the incentive for employing the cost principle. The incentive for employing the cost principle is to sustain a sustainable business better than any other competitor in a free market.
When I employ the term Free Market the meaning behind that term is a market that is free from falsehood and a market that is free from violence. When capitalist employ the term Free Market, they may mean the same thing or they may mean one of the following meanings.
- The free market is a market that is free from conscience, free from sympathy, free from constraints of honor, free from any sense of humanity whatsoever.
- The free market is a market that is free from violence; but it is OK to lie, misdirect, misrepresent, falsify, or otherwise censure, block, exclude, or manipulate data flow to victims (customers) or competitors (enemies).
- The free market is a market that is free from crimes that are defined by our exclusive club, enforced by our exclusive club, and adjusted to suit our exclusive club as we deem necessary in maintaining our free market.
Gary North is a smart guy. Why does he ignore the true cause of the scarcity problem? The true cause of the scarcity problem is the lies that apologize for legal criminals who purposefully cause scarcity for the reasons that they determine at the time they cause scarcity. How can you find out the reason for the decision to cause scarcity when the people who cause scarcity can be trusted to lie?
How can you trust a liar? You can trust that they will lie. How can anyone know why the people who have the power to make something scarce, why they decide to make something scarce?
The answer is found with common sense. People who have the power to make something scarce do so because they profit by that scarcity. In other words; from their perspective it isn’t a problem. Making things scarce is a solution to a problem.
There isn’t any reason to make this up, or imagine it, to read between the lines – so to speak.
The data that proves the facts concerning why people who have the power to make things scarce, why they choose to make things scarce, that data abounds. People confess. Whistle blowers blow the whistle.
Read the first link by Gary North. Listen to the words of Lindsey Williams. Know the truth. The people who have the power to make power scarce cannot sustain their power if everyone has power. People who have power can make more power themselves. The first step is to know the power of the truth.
It is true, for example, that power can be produced into abundance or “oversupply” so as to reduce the price of power right down to the cost of supplying power and then that abundance of power can be employed to create even more power and the price for power can be pushed even lower because the costs of making power are even lower. A sustainable supply of electric power, abundant supply, and on into oversupply, is limited only by the scarce supply of sunlight, wind, water, and the tide.
The scarce supply of motor fuel power is limited only by sunlight and our desire to make algae into motor fuel.
There is no physical reason for the scarcity of power. The reasons offered by people who have the power to make power scarce are half true and therefore half false reasons. Those false reasons are shared by victims and ignorant members of the insiders. The insiders are the people who have the power to make power scarce. Everyone has the power to make power scarce. It is past time to set outside of that scarcity box.
Power can be produced into an abundant supply, reinvested to reduce the costs of producing power, producing even more power, reducing the cost of power even more, producing power into a state of oversupply, reducing the price of power, while purchasing power increases and increases higher and higher, everyone becomes more and more wealthy, because power reduces the cost of production.