[GJM] Transfinancial Economics Project, and New Thinking on Electronic Controls over Inflation

[E. Crockett]

--- robert searle <dharao4 at yahoo.co.uk> wrote:

>  Radu Seserman,
> 
>       Like many people you do not understand TFE,
> and
> this shows in your communication. 
> 
> 
> --- radu Seserman <radu_seserman at yahoo.com> wrote:
> 
> > 
> Prices and inflation cannot be controlled or
> > imposed. They can be influenced by adjusting the
> > supply/demand. That is what central banks do when
> > they move interest rates. If you want to improve
> the
> > current system you should find a simple and
> > self/natural adjusting system.
> 
> 
> 
> 
> Answer. In TFE there is a huge amount of price
> flexibility which would be impossible with the old
> incomes policy. Yet, it can still be a largely
> natural, and self-adjusting system with hardly much
> intervention from some kind of a central authority. 
>  
> Moreover, business would love it because there is NO
> taxation, and NO interest on any loans. Inflation
> registration of products, and services would have
> little in the way of bureaucracy unlike the
> rediculous
> tax forms that exist....!
> 
> 
> 
> 
> 
>  No system can lead to
> > a more just society if it does not limit the
> assets
> > one individual can own. Our problem is that a
> small
> > number of individuals control/own most of the
> > assets. That control gives them the  power to
> > dictate prices and wages and helps them accumulate
> > even more. Taxation and bankruptcy are the only
> ways
> > I can think of working against them, so as bad as
> > they are from an individual perspective thety help
> > our society.
> 
> 
> 
> 
> Answer. It is unlikely that the rich are suddenly
> going to disappear. This is NOT the main problem at
> present. Rather we need to develop a more advanced
> system of capital in which the rich would admitedly
> get richer, but also the poor would get richer
> through
> the new financial empowerment of specific NGOs, and
> democractic governments. 
> 
> > 
> > Please do not forget that the tag price you pay on
> a
> > good you purchase is only a component of what you
> > are really paying. What other components are?
> > waiting time to get the product, favors or bribes
> to
> > the supplier. I lived under the communism and
> price
> > controls did not work, though helped develop a
> black
> > market that in size probably was comparable to the
> > "legal" economy.
> 
> 
> 
> 
> Answer. Ofcourse the so-called price controls did
> not
> work in the Soviet System simply because they did
> not
> have advanced  computer programming concepts which
> would easily allow (if "uncontrolled") for any
> amount 
> of price flexibility. This in TFE would NOT lead to
> serious price devaluation, and hyperinflation. 
> 
> Obviously, you do not really understand, and
> moreover,
> your thinking on the subject is clearly dominated by
> past experiences, and old paradigm economics.
> Furthermore,we are living in the 21st Century in
> which
> the Soviet Union as it was does NOT exist. 
> 
> I do not think you have read the present internet
> essay which can be found at this link
> 
>  
>
http://kheper.net/essays/Transfinancial_Economics.html
> 
>    
> 
>         
> 
> Thank you for your interest....................
> 
> R.Searle
> 
> 
> 
> > 
> > Radu Seserman
> > 
> > "Be the change you wish to see in the world." M.
> > Gandhi
> > "Learn from yesterday, live for today, hope from
> > tomorrow." A. Einstein
> > 
> > 
> > 
> > robert searle <dharao4 at yahoo.co.uk> wrote: 
> > --- Steve Consilvio  wrote:
> > 
> > > Robert,
> > > 
> > > This is an easy problem to fix.  Simply require
> > all
> > > manufacturers to  
> > > print the price of the item on the product being
> > > sold.  Consumers  
> > > will "report" retailers that charge less or
> charge
> > > more; tampering  
> > > with the price will be obvious, and a databank
> > with
> > > the correct  
> > > pricing is easy to post on-line.  I am not sure
> > why
> > > you would even  
> > > need an "inflation control authority," if you
> are
> > > already doing  
> > > everything else correctly.
> > 
> > 
> > 
> > 
> >               What you are saying is true to a
> > point.
> > However, the whole picture is more complex as
> > economic
> > data suggests especially  in connection with
> incomes
> > policies of the recent past. 
> > 
> > With highly flexible controls via computers we
> have
> > a
> > better, and more effective way of enforcing any
> > breaches in inflation legislation directly, and
> > quickly. A system with no direct registration of
> > most
> > products (or alternatively only on raw materials
> to
> > make products as indicated in the previous email.
> > This
> > would be a better idea) via electronic means is
> less
> > easier to tackle effectively. This is certainly
> true
> > 
> > if it involved the authorized transmission of huge
> > sums of non-repayable money without currency
> > devaluation, and rapid inflation.............
> > 
> > 
> > > 
> > > I believe in some countries "fair trade pricing"
> > (as
> > > it is usually  
> > > called) exists.  It seems to me a precept of a
> > > normal society that  
> > > the same good should cost the same price for
> > > everyone, everywhere;  
> > > unfortunately we are not a normal society.  As
> > much
> > > good as fixed  
> > > pricing provides (fixed by the manufacturer, not
> > the
> > > government,) it  
> > > does nothing to address the cause and effect of
> > > inflation, which lies  
> > > elsewhere.  An ICA would only be treating the
> > > symptoms of the  
> > > problem, and would not address a cure to the
> > source
> 
=== message truncated ===


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