| View single post by Joe Kelley | |||||||||||||
| Posted: Thu Jul 25th, 2013 05:14 pm |
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Joe Kelley
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bear, The concept here is possibly understandable from a mathematical viewpoint involving a constant in place of a variable. The idea is to see how other variables work when the Legal Money Unit is held constant, and this is to me the most telling part of Joe's Law, because the Fraud of Legal Money works because the victims assume (wrongly) that the source of the Power of Legal Money are honest people and therefore those honest people actually try to keep the Legal Unit Value of Money Constant. Look at it this way: Productive power produced into oversupply does, in fact, reduce the price that anyone, anywhere, can charge for productive power. Take any form of productive power and realize how that works. I like electricity as the example that works the best, but you can pick anything. You can pick knowledge as the form of productive power produced to a point where knowledge is everywhere in abundance. Everyone knows everything and therefore no one can get anyone else to pay for knowledge since knowledge is everywhere. I like electricity because it is easier to measure in fact. One kilowatt/hour of electricity is exactly one kilowatt/hour of electricity always. One unit of knowledge is always one unit of knowledge too, I suppose, but see if you can get out a hand held measuring device and measure up one Unit of Knowledge. You may find one Unit of Knowledge and I may get out my measuring device and find that your measuring device does not measure the same Unit of Knowledge in the same way as mine. It would be difficult to find out which measuring device was more accurate, yours, or mine. So instead of knowledge being abundant the idea is to see what happens to the price of electricity if electricity is produced into abundance, so abundant is the supply of electricity made that it is as abundant as the current supply of lies from politicians, or even better, the current supply of oxygen is as abundant as the current supply of electricity on Earth: in our hypothetical example of POWER abundance (independence). I know this is a long way around the answer to the question, but I think it is a competitive way to answer the question. So now, there are relatively inexpensive units of electricity produced everywhere, you can get a unit of electricity as easy as breathing in. You can breath in now. How much does it cost to breath in right now? Who sends you a bill for each breath you take? No one. Not yet anyway. So electricity reaches that level of abundance, to answer the question, this is how the question is answered, you now consume electricity at the same rate of monetary cost to you as you currently pay for each breath, which is nothing. Electricity is so abundant now, in this answer to your question, that you do not have to pay another penny, or nickle, or dime, or quarter, or Federal Reserve Note for any more electricity that you use, just like you now pay for each breath you take. Power produced into oversupply reduces the price of power. That part is now abundantly clear, as if knowledge was abundant? Costless knowledge? How much do I charge you for this knowledge? Nothing. Same deal. It does not cost anything? Wrong. The idea is to understand the UNIT of measure. Which unit of measure? Power produced into oversupply reduces the price of power WHILE purchasing power increases. How much is one Unit of Purchasing Power? Is the measure of one Unit of Purchasing Power constant? No, the unit is currently not constant, so the Joe's Law perspective has to MAKE that unit constant so as to MAKE sense of how political economy actually works. If the Legal Criminals at The Federal Reserve are MAKING the Legal Unit of Purchasing Power decrease rapidly (what else do they do?), then the rate of production has to increase rapidly just to keep up with the rate at which the Legal Criminals are reducing the Purchasing Power of the Legal Unit of Monopoly Money. So, to make things very much simpler, the idea is to imagine that there are no Legal Criminals working feverishly to reduce the Purchasing Power of a Unit of Legal Money, and therefore the Purchasing Power of a single Unit of Legal Money is constant, always the same thing, as if One Unit of Legal Money is equal to One Kilowatt/hour of Electricity. Back to the scenario of abundant Electricity, where no one pays anyone for any more electricity, which is the same cost per person for each breath of air currently (with some exceptions such as people buying oxygen because some people suffer bad health) so what then happens to that constant unit of value known as Legal Monopoly Money or Purchasing Power when no one is paying any more Legal Money for Electricity? The answer must be obvious, or you fail to understand how Political Economy works. The answer is such that the Constant Unit of Legal Money buys more as Electricity becomes abundant and as the price of electricity reaches zero. Purchasing Power (of one constant unit of Legal Money) increases. Like this: Electricity (power) produced into oversupply reduces the price of electricity (power) while the same "dollar" buys more. The same dollar buys more. That does not mean that a different dollar buys more, and therefore there is your answer, if I understood the question. The dollar has to be assumed to be of a constant supply, or quantity, which is proportional to the value of that unit of Purchasing Power. The process in view is called POWER. Not Energy. Not Force. Not Mass. Not Motion. Not Velocity. The concept in view is POWER. Which POWER? Purchasing Power. Why does Purchasing Power increase when Electricity (Power) is produced into oversupply? Because the price of electricity reaches zero, just like the price of oxygen (before the Legal Criminals destroy that too), just like the price of the air we breath is currently no cost paid by us to anyone (except when the Legal Criminals decide to tax each breath), just like now where air is priceless, electricity can become priceless too, and because everything that is produced is made less costly when productive power, or electricity, is employed to make things, because POWER reduces the cost of production. Which power? We can go right back to the power of knowledge. Make the power of knowledge abundant and is it likely that people will work to make productive power abundant, or will many very knowledgeable people be sending all they produced to criminals who then make everyone suffer?
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