[GJM] APOLOGIES.....For Any Errors!!!!!!!!! .... Ignorance strikes again!

[robert searle]

Dear Zack Johnson,

         You may have noticed we are actually living
in the 21st century.............. 




1.Electronic information is the new magic. Yes, it is
magic but it is scientific magic... If ofcourse it is
programmed in clever ways using computers we can do
many things which our ancestors would think impossible
like dealing with inflation levels directly without
hyperinflation................ 



2.......Yes, it sounds nutty just as the idea of
travelling to the moon would have been to a caveman.
However, if he was able to project himself into the
future  he would have regarded it as magic along with
the other wonders of 21st century technology.



3.As for Weimar Republic (and other examples such as
the French Revolution, and the American War of
Independence)they did NOT  have direct super-flexible
electronic controls to deal with high inflation, and
indeed, hyperinflation.To try, and dig up the past in
this way not only insults my intelligence but infact
yours, and other people on this site. 

For your own sake please do not show yourself up again
with ignorant statements..otherwise the joke is on
you, not the other way round!!!+



4. You always seem to forget either deliberately, or
otherwise that most of the money of the world is
created as ELECTRONIC INFORMATION AND NOT AS PAPER,
AND COINS. It is important to attempt to grasp this
simple fact. Why? It means it can be DIRECTLY
CONTROLLED UNLIKE THE ISSUANCE OF CASH. 



The problem lies in how to develop credible 
electronic strategies to ensure that money does not
loose value when authorized transmissions of new
non-repayable capital is created alongside the
circulation of earned money...........  



4.The idea of a tax, and interest free world is in
itself not totally new. You are correct there.If you
read Ellen Browns book entitled The Web of Debt you
will discover that something like this was actually
happening to a certain extent in colonial America, and
was advocated by Benjamin Franklin. Maybe he was nutty
too? Or perhaps in many ways he was ahead of his
time..



R.Searle











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

>  "I know I am a bit obssessive with Transfinancial
> Economics but when you
> have invented something monumental as this it is
> difficult not to be a
> little big headed."
> --------------------------------------------------
> 
> This is an "invention"?:  Government stops
> collecting taxes but continues
> to spend newly created money in an economy where
> fully half of all
> spending is government spending.  And the inevitable
> inflation is
> controlled through magical controls given goofy
> names in your scheme.  I
> say magical because there is no possible way that
> inflation could be
> controlled in such a situation in the absence of
> magic.  And you want to
> give free grants of newly created money to everyone,
> not just
> government.  Charities no longer need contributions,
> etc.
> 
> So far as I know, every hyperinflation has been
> subtantially the result
> of government spending not covered by taxation,
> usually in situations
> where taxes cannot be collected for some reason or
> another, such as in a
> physically devastated economy.  One observer
> describes the early stages
> of the Weimar hyperinflation this way:-
> 
> "Hyperinflation (1922-1923)
> 
> "* In 1922 the wholesale price index rose to 341.82
> because of domestic
> and foreign policies
> "* Domestic= over half of the government spending
> was financed by
> printing notes
> "* Foreign= disputes over the reparations
> "* In June, after the assassination of Walter
> Rathenau and large
> disbursements on reparations, the dollar rate
> skyrocketed..."
>
http://www41.homepage.villanova.edu/klaus.volpert/teaching/financial_math/Papers_and_Presentations/Inflation%20in%20Germany%201923.ppt
> -
> 
> Notice the statement, "over half of the government
> spending was financed
> by printing notes."  And you want to finance not
> half but all government
> spending by printing notes, without any of the
> external and compelling
> circumstances that faced Germany at the time.
> 
> Just nutty, nutty, nutty, and you have a big head
> that thinks it has
> invented something profound and new.
> 
> What a joke!
> 
> Zack
> 
> 
>   ----- Original Message -----
>   From: "robert searle"
>   To: discussion at globaljusticemovement.net
>   Subject: [GJM] APOLOGIES.....For Any
> Errors!!!!!!!!!
>   Date: Thu, 21 Feb 2008 12:58:43 +0000 (GMT)
> 
> 
> 
>   Dear All,
> 
>   Apologies for any mistakes on the most recent
>   posts on inflation, and other matters. My problem
> is
>   that I tend to think, and write very fast, and
> have a
>   dislike for editing (which does not help ones
>   credibility ofcourse). It would be nice if it were
>   possible to edit again any post on site AFTER IT
> HAS
>   BEEN POSTED...Some discussion groups have this
>   facility but not this one unfortunately...or so it
>   would seem....
> 
>   I still seem to have the problem of eliding (a
> term I
>   first heard of from Peter Challen which simply
> implies
>   in the context of this email a missing word, or
> words
>   in a text) but with greater practice on the
> keyboard
>   this problem should ultimately disappear.
> 
>   I know I am a bit obssessive with Transfinancial
>   Economics but when you have invented something
>   monumental as this it is difficult not to be a
> little
>   big headed. As I have indicated it goes beyond all
>   other monetary reforms simply because its social,
>   economic, and political implications are so
>   powerful,extensive, and all encompassing for
> everyone
>   on the planet. It is the only way for the future
> of
>   humanity as far as I can
>   see..............................
> 
>   Robert Searle
> 
> -- 
> Want an e-mail address like mine?
> Get a free e-mail account today at www.mail.com!
> 
> 






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