[GJM] MORE CLEARER INFORMATION ON INFLATION CONTROLS IN TRANSFINANCIAL ECONOMICS (FEB 2008)

[robert searle]

--- Zack Johnson <zackjohnson at louisiana.usa.com>
wrote:

>  It's a question you have never answered, Robert. 
> Your chief proposal is
> to end taxation, and to let government continue
> spending, isn't it?  So
> please explain why that would not immediately lead
> to inflationary
> chaos.  The historical record is filled with
> numerous examples of
> governments that did just that, the most recent
> being Zimbabwe, which has
> the highest rate of inflation in the world.  We can
> think of the Weimar
> hyperinflation of the early 1920s, among others. 
> Usually, the failure to
> collect taxes was due to compelling circumstances,
> such as an already
> collapsed economy.  But you propose to stop
> collecting taxes in a
> normally functioning economy. Utter insanity, it
> would appear.
> 
> Zack


    Zack Johbnson,

     Yes, it would be insane if most products,
services, and "fixed" incomes were NOT electronically
registered under law, and indexed linked to levels of
inflation. As this is the case in TFE though their
prices  can be DIRECTLY controlled in different ways
using a number of electronic computer techniques (eg
inflation "taxation", price ceiling, price subsidy or
financial incentive for keeping prices at certain
levels, electronic inflation adjustment, or EINA etc
etc). Many of these have yet to be fully developed,
and some have NOT  appeared in the full essay. It is
quite probable that they will work together in certain
cases along with those described already to a certain
extent. 

Please remeber the whole subject is in a state of
research, and development.




R.Searle


  ----- Original Message -----
>   From: "robert searle"
>   To: "Zack Johnson"
>   Subject: Re: [GJM] MORE CLEARER INFORMATION ON
> INFLATION CONTROLS IN
>   TRANSFINANCIAL ECONOMICS (FEB 2008)
>   Date: Mon, 11 Feb 2008 17:38:45 +0000 (GMT)
> 
> 
>   Zack Johnson,
> 
>   Obviously you have not read the information
>   presented properly or else you would not have come
> up
>   with this kind of question.
> 
> 
> 
>   R.Searle
> 
> 
> 
>   --- Zack Johnson
>   wrote:
> 
>   > Robert, you again fail to explain how, in a
> modern
>   > industrial economy,
>   > where government spending is approaching half of
> all
>   > spending, if
>   > government stops taxing, but continues to spend,
> how
>   > the economy would
>   > not rapidly devolve into inflationary chaos.
>   >
>   > Your apparent belief in magic is not ameliorated
> by
>   > this insipid little
>   > essay.
>   >
>   > Zack
>   >
>   >
>   > ----- Original Message -----
>   > From: "robert searle"
>   > To: discussion at globaljusticemovement.net
>   > Subject: [GJM] MORE CLEARER INFORMATION ON
>   > INFLATION CONTROLS IN
>   > TRANSFINANCIAL ECONOMICS (FEB 2008)
>   > Date: Mon, 11 Feb 2008 13:53:21 +0000 (GMT)
>   >
>   >
>   > Dear All,
>   >
>   > The following comes from my present essay
>   > (changed yet again to include more on inflation
>   > data)on Transfinancial Economics. It is to do
> with
>   > more light on super-flexible controls to control
>   > inflation levels, and valuation of currency. I
>   > also
>   > exclude from the data below my old idea of part
>   > registration of products, and services which was
>   > the
>   > outcome of woolley thinking unfortunately!!!
>   >
>   > Regards,
>   >
>   > Robert Searle
>   >
>   >
>   > 3.Advanced Computer Programming for the Direct
>   > Super-Flexible Controls over Inflation.
>   >
>   >
>   > In TFE there is the realization for the need to
>   > develop advanced computer programming to
> directly
>   > control levels in inflation. It is not our
>   > intention
>   > to go into too much detail as this can be a
>   > somewhat
>   > technical subject.
>   >
>   > It must also be stressed that we are not
>   > discussing a
>   > command economy but rather a capitalist one in
>   > which
>   > there is little government intervention. What
>   > follows
>   > is essentially "simplistic", and is only a brief
>   > presentation on super-flexible electronic
> controls
>   > over inflation.
>   >
>   > Since money in the main exists as electronic
> data
>   > transmitted from one bank account to another it
>   > can be
>   > tracked, and controlled. This concept is central
>   > to
>   > the proper understanding of Transfinancial
>   > Economics.
>   >
>   >
>   > A.Mandatory Registration for Businesses instead
> of
>   > Income Tax Declarations.
>   >
>   >
>   > Most products,services, and indeed, "fixed"
>   > incomes
>   > could be subjected to a mandatory super-flexible
>   > price
>   > registration which is notably indexed linked
>   > electronically to inflation for businesses. In
>   > other
>   > words, most people running large, or small
>   > commercial
>   > enterprises would have to declare the trade
> costs,
>   > and
>   > retail prices of their products.Details about
>   > their
>   > profits, and other sources of income would be
>   > unnecessary unlike the present income tax
> regime.
>   >
>   > The data concerned ofcourse goes onto authorized
>   > computer systems that simultaneously deal with
>   > transactions. Such work could be undertaken by
>   > banks,
>   > or some other commercial body. Alternatively, an
>   > independent public authority could be created
>   > possibly
>   > working with the private sector. The tax
>   > authorities
>   > themselves though could be replaced by a
> National
>   > Inflation Control Authority.
>   >
>   > Unlike the present income tax system there is no
>   > huge
>   > bureaucracy, or much form filling (or online
>   > registration ofcourse)and compliance on
> inflation
>   > legislation using electronic techniques could be
>   > directly used to ensure efficiency.
>   >
>   >
>   >
>   > B.Comprehensive Electronic Price Index.
>   >
>   >
>   > Anyway,a special comprehensive electronic
> National
>   > Inflation Price Index (NIPI)notably listing the
>   > average prices of cars, phones, books,and the
> like
>   > would be necessary. This would also allow
> separate
>   > registration for features that create added
> value
>   > to
>   > goods which ofcourse, affect the overall retail
>   > price.
>   >
>   > In such a special comprehensive Price Index
>   > services,
>   > and "fixed" incomes (excluding profits) could be
>   > included, and be part of the inflation control
>   > legislation replacing income taxation. Ofcourse,
>   > this
>   > special electronic Price Index, or NIPI would
> also
>   > include charges for most kinds of services, and
>   > listed
> 
=== message truncated ===





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