[GJM] Transfinancial Economics/ Response to Ripple Pay......

[robert searle]

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

>    
> --- RipplePay <info at ripplepay.com> wrote:
> 
> > Hi Robert.  Interesting stuff.  My thoughts on
> > specifics as I read through:
> > 
> > > c)The possible option of direct participatory
> > democracy using computer voting by an educated
> > informed public.
> > 
> > I've written before on what I think is a good way
> to
> > do this:
> > 
> >
>
http://web.archive.org/web/20041230051836/www.practicalmetaphors.com/archives/000056.html
> > 
> > Allowing people the option to vote on issues
> > themselves directly, or
> > to give their voice to a proxy gives us the
> benefits
> > of both
> > representative and direct democracy.
> 
>   
>    Dear Sir,
> 
>            Thank you for your response. I agree
> entirely with the idea of direct democracy.People
> should have greater control over their political
> futures. Positive Human Politics, or PHP is a part
> of
> Transfinancial Economics,or TFE, and suggests that
> there are a number of positive OPTIONS for change.
> It
> is ofcourse at the end of the day the people who
> should ideally decide which system best suits them
> though it should obviously be civilized,
> transparent,and progressive.
> 
> 
> 
> > 
> > > It is a direct attempt at controlling inflation
> > itself, and far more advanced, and effective than
> > the old approach just mentioned. Essentially, the
> > market in part continues to determine price, and
> > wage changes. Such financial interactions are
> > recorded on super-computers (or perhaps some form
> of
> > upgraded computers). However, if there is a
> serious
> > persistent rise in inflation of prices, and/or
> wages
> > they are automatically fined, or capped.
> > 
> > You're going to have to be *way* more specific
> about
> > what a "serious
> > persistent rise in inflation" means.
> > 
> > But after you did that, I would still think this
> is
> > a terrible idea.
> > Any entity collecting data on financial
> interactions
> > and determining
> > which are valid and which are not is a tremendous
> > concentration of
> > power, way beyond anything we see today, and it
> > would be abused to
> > serve the whims of those that control it.  It's
> > totalitarianism, pure
> > and simple.  Evil, evil stuff.
> 
> 
> RS. This is not evil stuff especially when you
> realize
> the benefits it could bring. Obviously like
> EVERYTHING
> ELSE in the world it can be misued ofcourse. I would
> rather stress the positive, and not get obssessed
> within any negative possibilities. 
> 
> Moreover, we ALREADY have little, or no privacy, and
> it is meaningless bring up this argument against
> TFE,
> and its super-flexible electronic controls.
> 
> > 
> > Besides, banning inflationary transactions never
> > works.  It just
> > drives those transactions underground, creating a
> > vast black market
> > and giving those in power the incentive and
> > justification for creating
> > a police state and imposing martial law to crack
> > down.  Look at Zaire,
> > where these strategies are currently being
> employed
> > to attempt to
> > control inflation.
> 
> > 
>   RS. Try, and understand here that we are not
> talking
> about "old paradigm" economics. This is one of the
> problems faced with TFE that people tend to think
> with
> lesser ways of understanding, and project it onto a
> subject such as this, and as usual misrepresent it.
> 
> 
> > The proper cure for inflation of fiat currency is
> to
> > keep the money
> > supply at a level consistent with the volume of
> > transactions in the
> > economy.  (Not that anyone really knows what
> > "consistent" actually
> > should mean in this case, which is a huge problem
> > with
> > centrally-issued fiat currency.)  Devote your
> > supercomputers to that
> > task instead.  Actually, central banks in every
> > nation already have
> > supercomputers working on it.
> 
> 
> 
>   RS. What you are saying here is  true to a point.
> Yet, the "consistent" factor is not necessary.
> Remember too that money in the main exists AS
> ELECTRONIC DATA FROM ONE BANK ACCOUNT TO ANOTHER. AS
> IT CAN BE DIRECTLY CONTROLLED ALLOWING FOR
> SUPER-FLEXIBILITY..
> 
>   Thank you for your interest.
> 
> Robert Searle.
> > 
> > Ryan
> > 
> > On Dec 31, 2007 9:24 AM, robert searle
> > <dharao4 at yahoo.co.uk> wrote:
> > >
> > > Dear Ryan Fugger,
> > >
> > >       You may like to comment on my work in
> > progress
> > > project.
> > >
> > >
> > >
> >
>
http://kheper.net/essays/Transfinancial_Economics.html
> > >
> > >
> > > Regards
> > > Robert Searle
> > >
> > >
> > >
> > >      
> >
>
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> > 
> 
> 
> 
> 
> 
>      
>
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