| View single post by Joe Kelley | |||||||||||||
| Posted: Sun Oct 4th, 2009 12:43 pm |
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Joe Kelley
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In this thread the intention is to employ the scientific method in arriving at a more accurate understanding of monetary currency so as to empower human action designed to supply and maintain a higher quality money supply of monetary currency at the lowest possible cost. The reader is encouraged to participate since discussion is as vital in any voluntary human association as it is vital in science (peer review). The reader is cautioned too as to the current state of my personal understanding of how money works in any social setting; I didn't just now fall off the tuna boat on this topic; so please do not expect to over-power me with your greater knowledge. If the reader has something valuable to add to the effort to know what is a more accurate, higher quality, and lower cost currency (so as to aid in its production, maintenance, and general usage), then please understand that such a valuable addition to the pot of data is not only welcome, but known to be vital. A true application of the scientific method welcomes every source of valid contention to any supposed understanding of reality. The reader is also welcomed into this effort with encouragement to see or to understand the vital nature of this effort, by me, or by anyone who is aware of the vital nature of this effort. In other words: creating and maintaining a higher value currency at a lower cost is one vital process on the road to prosperity for those who are now living and for those who have yet to live. Please consider the opposite path where the creation and maintenance of an increasingly lower value monetary currency has dominated and dictated human torturous and murderous misery, for centuries, due to its exorbitant costs. In essence the topic here aims directly at both the cause of human suffering and the remedy of that unfortunate condition, so far as human beings are empowered to find the cause and affect a remedy. If someone doubts the validity of the perspective above, please consider following the money, it leads to the cause of human misery. Are you in doubt? Please take a moment to use your own brain, just a moment, but first borrow my question for you to answer and for you to answer accurately, or not at all. What would be the point? If the world is in debt, as our authorities tell us often, and that debt has a number on it, an ever increasing number, if that is true, if that is an accurate account of the state of monetary human affairs, then what was done with that money we borrowed and what will be done with that money once it is paid back to the people who once had it but who gave it up for something better? Is the question too hard to answer accurately? How about an illustration? Suppose the money supply, in dollars, is x and the portion of x that is debt is y. Now suppose that someone has loaned this y to someone else. What was purchased and who purchased it? Now suppose that the purchase of that power to purchase was a big waste of power and that big waste of power left no one with anything except this debt stuff. All that is left after the borrowing and the spending is a pile of debt which is now y. Y is then sent back to the loan officers and now they have the power to purchase again. Y, if you remember, is a big number, a colossal number, a doom day number, a scary number, a depressing number, a significantly bad number, a horrible, a torturous, and a murderous number, it is huge. Y will purchase something by someone. What is purchased? Who purchases what is purchased? He who has the power to create this debt does so by purchasing something, what is purchased? Who purchases what is purchased? If the answer is ambiguous, such that the questioner has no power to know the true answer, then, and again, the questioner is asked to follow the money. Following the money leads to the true answer to the question being asked of the people who doubt my claim that the money issue causes human misery, it is the tool abused by the criminals who cause human misery. Focusing on any other part of the cause of human misery, such as the names of the criminals, or the dates of the crimes, are vital things to consider, however the idea here is to know how to remedy the cause of human misery, not to punish anyone. So, if the reader is still reading, (something I've found difficult to measure), I will continue this topic for discussion with an ongoing steam of data in the next series of posts where my intention is to create something similar to a discussion; by linking other examples of data and by commenting on the accuracy of the data linked. Everyone is encouraged to jump in the stream of data with a mind toward improving the issue of legal monetary currency - if possible.
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