[GJM] A Response by the FED to Transfinancial Economics!!

[robert searle]

Dear All,

       As a bit of laugh I sent an email about
Transfinancial Economics to the "arch-enemy" of most
radical mainstream monetary reformers the FED!! I was
amazed that I got a reply at all but ofcourse it did
not amount to anything much. 

As yet TFE has to be fully developed, and will have to
have the backing from those economists, and others in
power, and authority to be taken as a serious
proposition. This process will happen in a few years
time along with other advanced practical
strategies....God willing...when a professional
website on TFE will be created. This is explained in a
section in the present TFE essay.

 After all it could benefit the FED as a private
central banking, and private banks could still exist
in the new financial paradigm. However, in TFE a
central state bank, and state banks would also be
possible. It all depends on how much public support is
around to bring about high moral change otherwise
dealing with banks, and corporations largely on their
turf would be the only real way forward for the
successful implementation of a global tax, and
interest free world......Yes, global justice is
possible even when the rich get richer....but the poor
also get richer.......(as it is to the advantage of
the rich, and super-rich as it equates with greater,
and greater market capitalism, and hence profits
notably in the Third World).Big subject. 

Robert Searle. 


--- FRB.Mail at frb.gov wrote:

>  Dear Mr. Searle:
> 
> Thank you for your recent correspondence to the
> Federal Reserve concerning a new emerging paradigm
> known 
> as "Transfinancial Economics." While we value the
> observations and recommendations of private
> citizens, in conducting 
> monetary policy, the Federal Open Market Committee
> (FOMC) must pay attention to guides for monetary
> policy as 
> specified in the Humphrey-Hawkins Act and must rely
> on the agency's own scientific and objective
> research. 
> 
> Again, thank you for taking the time to write.   
> 
> Sincerely,
> 
> JPD
> Board Staff
> 
> 
> IF YOU NEED TO REPLY TO THIS EMAIL, YOU MUST DO SO
> FROM OUR PUBLIC WEB SITE AT:
> http://www.federalreserve.gov . 
> 
>
------------------------------------------------------------------------
> 
> First Name:      Robert                   
> Last Name:       Searle                        
> E-Mail:          dharao4 at yahoo.co.uk                
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> 
> Email Content:
> 
> Dear All,  You may be interested to know that there
> is a research, and development project dealing with
> a new emerging paradigm referred to as
> TRANSFINANCIAL ECONOMICS. A paper on it was to be
> published in a peer review journal of repute but due
> to an disput with the editor/publisher it was
> withdrawn from publication. It has since gone
> elsewhere.  At first sight, the ideas of TFE may
> seem "fantastical" but we have the technology to
> bring it about. It can also be for, or against the
> banking system. I suspect though that the latter
> approach is the best way forward in which interest
> free loans would be possible but the interest itself
> could be self-created by an independent public body
> without fear of inflation (as this would be
> controlled by advanced computer technology which
> would have programming that would allow among many
> other things super-price flexibility necessary for
> the competative capitalist system).  Present
> internet essay (to be updated with new concepts) can
> be found at the kheper website. 
>
http://kheper.net/essays/Transfinancial_Economics.html
>   Regards,  Robert Searle
> 



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