[GJM] John Williams' hyperinflation view of US - reaffirms Batra's "Crash of the Millennium" [CITS Debt Watch Alert]
robert searle
dharao4 at yahoo.co.uk
Mon Jun 2 13:20:15 MDT 2008
With Transfinancial Economics controlling inflation would not be a problem as this could be dealt with by Price Decrease Subsidization, or PDS which would not hurt businesses but actually increase their profits!
R.Searle
http://www.p2pfoundation.net/Transfinancial_Economics
--- On Mon, 2/6/08, Rodney Shakespeare <rodney.shakespeare1 at btinternet.com> wrote:
> From: Rodney Shakespeare <rodney.shakespeare1 at btinternet.com>
> Subject: Re: [GJM] John Williams' hyperinflation view of US - reaffirms Batra's "Crash of the Millennium" [CITS Debt Watch Alert]
> To: "Discussion Forum for Global Justice" <discussion at globaljusticemovement.net>, "List, Cyberspace Society" <cyber-soc at topica.com>, "List, Debt" <Debt at topica.com>, "list, Federal-Debts" <federal-debts at topica.com>, "List, IJCCR" <ijccr at yahoogroups.com>, "List, LWSIDE1" <lwside1 at yahoogroups.com>, "List, Social Credit" <socialcredit at ecn.net.au>, "List, Telecom Policy - NorthEast list" <tpr-ne at mit.edu>, "List, TOP (The Optimum Policy)" <TOP at topica.com>
> Date: Monday, 2 June, 2008, 6:58 PM
> Dear Curtiss,
> The paper is right to point out the coming likelihood of
> stagflation and hyperflationary depression (and even a
> twenty year black Slough of Despond!)
>
> But it is not just a matter of linking to gold as the long
> term solution. The need is for a fiat creation to be
> directly and responsibly linked to the development and
> spreading of productive (and the associated consuming)
> capacity so as to achieve a Say's Theorem balance of
> producers and consumers and the forwarding of social and
> economic justice. Needless to say, the fiat creation must
> be repaid and cancellable. If this is combined with 100%
> banking reserves the overall effect is counter-inflationary
> (not deflationary). Counter-inflation is more wealth for
> all but at lowered prices. These matters can be seen at
> www.binaryeconomics.net
>
> Generally, gold supporters (rightly) have a hatred of
> inflation) but, alas, often seem to have little, if any,
> sense, of a modern market economy properly serving all and
> forwarding social and economic justice.
>
> As for the huge sums needed for big enviromental capital
> projects, a gold system could never find the money whereas
> binary economics (which is not inflationary) most
> certainly can.
> Yours,
> Rodney Shakespeare.
>
>
> ----- Original Message -----
> From: "W. Curtiss Priest" <bmslib at mit.edu>
> To: "List, Cyberspace Society"
> <cyber-soc at topica.com>; "List, Debt"
> <Debt at topica.com>; "List, Discussion Forum for
> Global Justice Movement"
> <Discussion at globaljusticemovement.net>; "list,
> Federal-Debts" <federal-debts at topica.com>;
> "List, IJCCR" <ijccr at yahoogroups.com>;
> "List, LWSIDE1" <lwside1 at yahoogroups.com>;
> "List, Social Credit"
> <socialcredit at ecn.net.au>; "List, Telecom Policy
> - NorthEast list" <tpr-ne at mit.edu>; "List,
> TOP (The Optimum Policy)" <TOP at topica.com>
> Sent: Monday, June 02, 2008 6:03 PM
> Subject: [GJM] John Williams' hyperinflation view of US
> - reaffirms Batra's "Crash of the Millennium"
> [CITS Debt Watch Alert]
>
>
> > Why dare be in the US dollar?
> >
> > http://www.shadowstats.com/article/292
> >
> > WCP
> > Editor, CITS Capital & Debt Watch
> > --
> >
> > W. Curtiss Priest, Director, CITS
> > Center for Information, Technology & Society
> > 466 Pleasant St., Melrose, MA 02176
> > 781-662-4044 BMSLIB at MIT.EDU http://Cybertrails.org
> >
> > _______________________________________________
> > Discussion mailing list
> > Discussion at globaljusticemovement.net
> >
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