[GJM] Likely Final Draft of TFE Paper.
robert searle
dharao4 at yahoo.co.uk
Mon Sep 4 02:31:10 MDT 2006
Dear Mr. Hattersley,
Thank you for your response though it was
quite predictable. With respect, in the main article
which follows the summary the basics of inflation
control are explained in crystal clear language
without the endless obscure complexities found in many
mainstream economic papers...all of which are somewhat
questionable, and arguably "unscientific".
Moreover, there are probably more enlightened
economists who would take TFE seriously. I have come
across a few already.Ofcourse, there will always be
sceptics, and naysayers....that is the way the world
goes.
However, if TFE can be successfullyu implemented it
would be would be one of the greatest breakthroughts
of the 21st century because it will solve many of our
social, economic, and political problems.
Regards,
Robert Searle.
--- Martin Hattersley <hattersleyjm at interbaun.com>
wrote:
> I'm not really convinced by the thrust of your
> paper.
>
> I would at least like to know what program your
> "advanced computer
> technology" would be running in order to save the
> value of the monetary
> unit when major quantities of state created money
> are put into circulation.
>
>
> Martin Hattersley
> 5929 - 189 St.,
> EDMONTON AB CANADA T6M 2J1
> Phone (780)483-5442.
> jmartinh at shaw.ca
> e-mail: hattersleyjm at interbaun.com
> ----- Original Message -----
> From: "robert searle" <dharao4 at yahoo.co.uk>
> To: <discussion at globaljusticemovement.net>
> Sent: Sunday, September 03, 2006 6:35 AM
> Subject: [GJM] Likely Final Draft of TFE Paper.
>
>
> >
> > Dear All,
> > I thought I might as well send my revised
> draft
> > on TFE....though I expect some of you may be
> getting a
> > bit bored with it. I hope not. The projected book
> > entitled The Non-Taxation Revolution; Monetary
> Reform,
> > and Global Justice will be more informative, and
> > interesting. It will also be well referenced.
> >
> >
> > R.Searle.
> >
> >
> >
> > A Brief Summary.
> >
> > The following should give one a very brief
> overview of
> > Transfinancial Economics, or TFE which then leads
> on
> > to a more detailed article, or "paper". It is
> should
> > just take a few minutes to read for those pressed
> for
> > time. Also, please note that TFE at the time of
> > writing is a research, and development project.
> The
> > same is true of Positive Human Politics (PHP)
> which is
> > not discussed here.
> >
> > TFE is also known as Non-Taxation Monetary Reform.
> It
> > believes that new unearned money could be created
> for
> > democratic governments both local, and national
> > without raising taxes. Many NGOs, or independent
> > non-governmental organizations could also be
> funded in
> > a similiar manner either in full, or in part.
> Thus, in
> > most cases, fundraising, and donations should be
> > largely unnecessary.
> >
> > This can also lead to greater decentralisation of
> > power from central government. Responsible direct
> > participatory democracy at a local, and national
> level
> > should be recommended as the way forward as
> politics,
> > and politicians have clearly lost much
> credibility.
> >
> > The creation of new unearned money without taxes,
> or
> > fundraising would not lead to uncontrolled
> inflation,
> > and devaluation of currency.This would be directly
> > controlled by advanced computer technology.
> However,
> > anonymous cash transactions would still be
> possible.
> >
> > There is more than enough money to change the
> world.
> > The problem notably for NGOs is legal access to
> it.
> >
> > In TFE there is no redistribution of financial
> wealth,
> > but NGOs concerned with fairer wealth distribution
> > such as Binary Economics would be financially
> > empowered as never before. Thus, their influence
> on
> > public opinion would be far greater.
> >
> > TFE is a arguably a transitional system that would
> > hopefully lead from the greed of competative
> > capitalism to fairer economic systems both large,
> and
> > small which would cooperate with each other.
> > Ultimately, as human nature evolves to a higher
> level
> > of development, and understanding money as
> electronic
> > transmissions, and as cash would no longer
> > exist.Everything would be free on demand.
> >
> > However, TFE realizes that the present competative
> > capitalist system is too well entrenched in the
> > society for it to be removed. As such it does not
> > waste time opposing it but uses its new
> understanding
> > of money to allow it to flourish. More
> importantly,
> > and at the same time, there is also the new
> financial
> > empowerment of NGOs concerned with social,
> economic,
> > and political reform. They would be able as never
> > before to speed up the pace of positive change
> which
> > may well lead to part, or wholescale replacement
> of
> > competative capitalism. Co-operative type economic
> > systems may then take their place.
> >
> > Apart from the creation of new unearned money
> interest
> > free loans could also be created. In TFE we are
> also
> > dealing with a high, or higher growth economy.
> With
> > the introduction of a tax, and interest free world
> > research, and deployment of various simple, and
> > complex sustainable technologies would be speeded
> up
> > as never before to ensure that total resource
> scarcity
> > cannot happen..
> >
> > The possible social, economic, and political
> > implications of TFE are massive. The creation of
> new
> > unearned money can solve many problems including:-
> >
> > i)The financing of pensions.
> >
> > ii) Better social security.
> >
> > iii) Powerful financial empowerment of NGOs
> concerned
> > with corporate responsibility in connection
> notably
> > with the environmental destruction, and the rights
> of
> > workers. These would be challenged as never
> before
> > on an equal playing field.
> >
> > iv) Huge high risk projects which may have great
> > social,economic, and political value (eg. an
> > environmental programme perhaps vital for the
> planet)
> > would be possible with the creation of new
> unearned
> > money.
> >
> > v) The creation of more business grants, plus
> interest
> > free loans allowing for continous material
> prosperity.
> >
> > vi) If desired, more public services could be
> > provided, and would be better financed.
> >
> > vii) With the advance of automation the future
> will
> > become increasingly jobless. Yet, if necessary it
> > would be possible to have special businesses,
> and/or
> > NGOs which could be created out of new unearned
> money.
> > They would supply more advanced types of paid work
> > which may be more akin to "leisure-type" pursuits
> than
> > what we have now.
> >
> > The above are key examples of what TFE could, and
> > would achieve. Success would also ofcourse
> crucially
> > depend on excellent creative planning, and
> ofcourse,
> > relevant resources.
>
=== message truncated ===
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