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| Joined: | Mon Nov 21st, 2005 |
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We might go through an analysis of the whole business, and show the incalculable advantages of substituting inanimate machine in each department, but this would be tedious for me and the printer, a bare hint at each must suffice to set the reader fairly on the road to economy, and to show how much has been lost for want of such an improvement.
Do you want to see economy from a basic and principled viewpoint?
The principle is accuracy. If error is found, then, error is removed; that is a principle.
An opposing principle is one where error is found and error is utilized within the viewpoint.
Which is a more economical principle to use?
A. Accuracy
B. False
The concept of currency can be view from both principles.
A. Accurate currency
B. False currency
Currently the world is full of false currency flowing through the global economy like bad blood or polluted water.
Accurate currency strives to accomplish a specific utility or utilization aimed at accomplishing a specific task, on purpose, in time and space.
It is important to add time and space (distance between places).
Without time and space the utility of currency will not be accurate. Without time and space the accomplishment of currency will fail in proportion to the error.
The task given to accurate currency is to account for the creation of value and facilitate the equitable trade of value.
Example:
Person, city, county, state, corporation, business, or nation A creates 100 items per day.
Person, city, county, state, corporation, business, or nation B creates 200 items per hour.
A is 100 miles from B.
A needs the stuff made by A and B.
B needs the stuff made by B and A.
Currency accomplishes the transfer of the stuff from A to B accurately.
Currency accomplishes the transfer of stuff accurately when A sends as much as it can afford to send and receives as much as it can afford to receive and at the same TIME B sends as much as it can afford to send and receives as much as it can afford to receive.
When currency does not accomplish the equitable task of transferring the stuff accurately, then, A receives not enough or too much and, at the same TIME, B receives not enough or too much stuff.
When currency does not accomplish the job of equitable transfer accurately, then, A or B may work themselves to death while A or B does no work whatsoever.
Guess who has an interest in inequitable and inaccurate currency?
Why is accurate currency so difficult to accomplish?
A very likely answer is: Falsehood on purpose.
People have a vested interest in making sure that few, if anyone, can see, and spread, the concept of accurate currency.
It is very, very, easy to understand.
Currency need only account for the accurate amount of value created in time and space. That is all. That is enough. There isn't any reason to get more complicated.
This can clearly be seen from a viewpoint of modern banking.
Suppose the following products represented the major world economic supply of stuff.
A. Energy
B. Food
C. Water
D. Shelter
E. Clothing
F. Currency
Now add up the quantity of A through E produced today and transferred to the place of consumption. Once that number is found (and it can be estimated and predicted for tomorrow based upon accurate statistical history), then, add up F.
If the sum of A through E is smaller than F, then, there is more currency required to facilitate the transfer of A through E.
Example:
A through E equals 1 trillion.
F equals 2 trillion.
F is twice as much as A through E.
Get this straight now.
TOTAL PRODUCTION AT THE POINT OF CONSUMPTION = 1 trillion
TOTAL CURRENCY = 2 trillion
That is global trade in one day from every point of production to every point of consumption.
In other words everyone managed to move everything needed from producer to consumer in that one day and the total currency supply was twice the amount of stuff moved.
What happens if the supplier of currency removes half the currency tonight?
This is an important question.
Remember: All the stuff moved today.
Tomorrow the supply of currency is cut in half.
What happens?
What happens if the supply of currency is RAPTURED tonight and tomorrow there isn't any currency at all.
If you cannot see this then perhaps I am not making myself clear. I am asking questions. This is clear to me.
If the entire world supply of currency is RAPTURED tonight where no currency existed on the planet earth, then, the stuff that moved with currency today will not move with currency tomorrow. People will need to replace the RAPTURED currency with something that will move stuff or stuff won't move.
This is easy to see. When you find something on E-Bay that someone else has you click some buttons on your keyboard and three days later the thing you want shows up at your door.
Currency does the facilitating job. Currency is the stuff that moves the stuff. If currency does its job, then, you get the stuff. You send stuff to get the stuff. What do you send? Where did the currency stuff come from? Do you need the currency stuff?
What does the currency stuff do?
Does the currency stuff do the thing it does well?
Is there enough currency?
Is there too much currency?
Is that not your problem?
What do you do when the electric bill is higher than your pay check?
Do you need more currency or do you need to make more stuff that you use to get currency?
What happens if you are the person, city, county, business, corporation, state, or nation that happens to be in the business of supplying the world with currency?
Do you make more currency whenever YOU want?
Do you make more of the stuff you make (even if you make laughs as a stand up comedian) or do you simply print more currency?
Can you force people to laugh?
Can you force people to use your currency if you continue to print much more currency than anyone needs?
If you are the one printing the currency (or adding zeros into a digital hard drive account), then, who do you credit with more zeros and who do you make sure that they get no more credit?
Did you know that hundreds of tons of 100 dollar bills were sent to Iraq and that these pallets of 100 dollar bills were lost; just like the hundreds of AK47s that were lost, somehow, in Iraq.
Come on people. Give credit where credit is due - please.
Last edited on Mon Aug 13th, 2007 10:01 pm by Joe Kelley