[GJM] [Finance-Welfare] The Importance of Self-Financing.

[robert searle]

Dear All,
      When one reads my piece to John Watkins forum 
one sees how inferior Binary Economics is compared
with Transfinancial Economics which is obviously much
more advanced if we have the eyes to see, and the ears
to hear! 


http://kheper.net/essays/Transfinancial_Economics.html

R. Searle.


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

> 
> To become independent, and self-financing is very
> important. It is good for health, and self-respect.
> In
> TFE the poor can be helped with non-repayable
> grants,
> and interest free loans (without fear of
> hyperinflation, and remember money really only
> exists
> in the main as ELECTRONIC INFORMATION  which can be
> tracked, and responsibly controlled). Yet, at some
> point they must become self-financing, and
> contribute
> to society via work of some description. 
> 
> Most of the answers concerning social problems
> already
> exist. The problem mainly lies with the acquisition
> of
> enough  especially if one is at the bottom end of
> the
> social scale. Ofcourse, it can be had via crime, and
> drug dealing. Yet, there has to a positive way to
> get
> people back into the working world.
> 
> Some people have suggested Binary Economics. But,
> ofcourse compared with TFE this is a somewhat
> limited
> approach. To put it simply BE believes that people
> can
> live off the share holding of a company, or
> companies,
> and thus, in time become independent. How is this
> done
> with someone who has no money? The answer is simple.
> The share holding acts as security on which ideally
> an
> interest free loan is created (though there appears
> to
> be an insurance scheme involved as well..just in
> case
> the company might go bust!!). Ofcourse, this is
> gradually paid off by the "productive" earnings of
> the
> share leaving the profits, or dividend  to the
> share-holder.
> 
> In TFE though it is actually possible to pay for the
> initial shares without borrowing. This is quite
> revolutionary. In other words, special non-repayable
> grants (as opposed to repayable interest-free loans)
> would be possible. This ofcourse leads to a
> situation
> in which a person lives off the productive activity
> of
> the company concerned.
> 
> The Universal Basic Income (UBI), and other similiar
> or identical notions could also be created by
> non-repayable grants. Ofcourse, it has been
> suggested
> that it could be funded via taxation, or earned
> money
> (which is also possible). Yet, if a more advanced
> system is possible why  waste time with less evolved
> approaches?? We are more intelligent than that
> surely??.
> 
> Going back to BE its progress, and success relies on
> the growing productivity of the economy. TFE goes
> beyond all this in that it can stimulate greater
> productivity via new non-repayable business grants,
> and interest free loans. It also ofcourse means that
> many social, economic, and poltical programmes by
> democratic governments, and NGOs can be accelerated
> so
> that all, and sundry can benefit. With earned money
> via taxes, and fundraising the overall process is
> painfully slow, and more importantly unnecessary in
> the modern 21st century. Can we understand this, and
> why we need to concentrate on TFE as the basis of
> all
> our thinking concerning most social, economic, and
> political problems? 
> 
> Alot of my writings tend to be a bit "simplistic" so
> that people can clearly understand what really
> matters
> at the end of the day. Everything else will follow.
> 
> I will make no bones about. TFE is probably the most
> important social, economic, and political
> "invention"
> of the 21st Century. It solves many problems in ways
> which will amaze people. 
> 
> R.Searle
> 
> 
> 
> 
> 
> 
>      
>
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> 
> 



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