blog? There are so few thinking along these lines…

return to the way it was? We speak with Chicago lawyer Thomas Geoghegan about his new Harper’s Magazine cover story, “Infinite Debt: How Unlimited

Interest Rates Destroyed the Economy.” Geoghegan writes, “We dismantled the most ancient of human laws, the law against usury, which had existed in

some form in every civilization from the time of the Babylonian Empire to the end of Jimmy Carter’s term.””

http://videocafe.crooksandliars.com/heather/thomas-geoghegan-“infinite-debt-how-unlimite-debt

“…Deflation is

trivial as long as it is predictable and stable….In this gold standard, savings is never debased and has a “natural rate of return” through

deflation. Debasement of savings is only possible through a variable money supply system as in the current US FRB system.

The importance in

only trusting Gold is that in times of political uncertainties, countries holding Gold don’t need to worry about unilateral abrogation of

international treaties. Gold is in this way better than SDR.

Fractional Reserve Banking has great drawbacks as:
1) variable money

supply – this is the actual reason for this current economics crisis. It is the source of all instabilities in interest rates, prices, mis-

allocation of savings, etc.

The problem of the current US housing crisis, foreclosure, availability of refinancing,etc is all about

instability, unpredictability and risks. Those who bought properties at the market bubble top has no recourse – it is just bad.

A parallel

can be found in the Asian Crisis when currency and interest rates volatility put borrowers to insolvencies.

With my simple model, a

school teacher may start teaching at 21, works and saves for 10 years and buys a house at 31 without any need to consult any investment advisor to

know if it is time to buy – prices have dropped 21 % from 10 years ago and there never was any top nor bottom. He knows all the risks involve as

economic life is, first of all, predictable.
Money that is not limited from the supply side trying to match and service the GDP which is a

collection of physical goods limited from the supply has unpredictable consequences.
This is the root cause of the current global financial

crisis.

demand sided distribution allows for the equilibrium that prevents the system from collapsing ,avoiding an overgrowth of predators that would crash

the existence of the system.”

It is inevitable that if man is freed from any religious constraints, his highest aim is going to be wealth,

power and materialism. Thus given the chance he will tilt the system in his favour together with his ‘class’ or friends and they will not care

about anything but increase. They may even buy scholars who will justify their operations for them…e.g. free markets, and trickle down

economics.

The truth is the financial industry is parasitical and the real producers are robbed by the parasites. They use the power of the

State to do their bidding for them, if the State stopped supporting the parasites through bail outs, and laws which protect them and their

industry, it would collapse allowing the free market to operate. These people who interfere and meddle in economics have no knowledge and their

meddling usually results in all sorts of negative results, it would be better if they just humbled themselves and left everyone to organize their

own lives without their omniscience. They just cannot help themselves, interfering gives them self-importance and they tend to benefit the bankers

with their policies.

The State funds its gigantic wars through fractional reserve banking, and it increases its powers through this type of banking system.

The victims are the people whose wealth is taxed or taken through ‘inflation’ by financial industry insiders who use the new money before it

filters down and creates inflation. Democratic politicians largely support such a system for their own ends or are powerless to change the system

they depend on. The politicians act as a buffer between the people and the bankers giving the appearance they are in charge allowing the Bankers

free reign and at the same time getting some fame and fortune (and feelings of greatness and self importance no doubt) for themselves.

history of progressive movements…he works with the new economics foundation, and this is one of his publications…

http://www.neweconomics.org/gen/z_sys_publicationdetail.aspx?pid=164

Scopes/Monkey Darwin trial of 1925.

What is often conveniently forgotten about the trial is that Jennings – as a social progressive – was

mainly opposed to Darwinism in its Social Darwinist/Survival of the Fittest/Capitalism Red in Tooth and Claw incarnation.

As a christian he

defended ordinary peoples’ working conditions and work hours against what he saw as the relentless advance of an inhuman and deeply exploitative

form of capitalism.

http://gregmankiw.blogspot.com/2006/05/wonderful-wizard-of-oz.html

http://news.bbc.co.uk/2/hi/uk_news/magazine/7933175.stm

trickles down from the sun to the plants and from there trickles up from the lowest stage of prey to the highest stage of predator , this demand

sided distribution allows for the equilibrium that prevents the system from collapsing ,avoiding an overgrowth of predators that would crash the

existence of the system. This is a qualitative model of distribution that allows for symmetrical allotment by symmetrical alignment of variables

that prevent the system from distorting its shape(geometry), structure-function, (topology)and ecological-evolutionary qualities (non linear

dynamic partial differential equations). This should also be the logic for the distribution of money, if you pour more money on the top of the

income bracket, instead of money trickling down, you encourage growth of more predators that ultimately end up crashing the systems equilibrium by

terminating other species and driving us all to extinction by inevitable Global war.