[GJM] CONTROLLED "HYPERINFLATION, " BUSINESS UNDERSTANDING, AND PRICE PSYCHOLOGY IN TRANSFINANCIAL ECONOMICS (MARCH 2008).

[robert searle]

Dear Zack Johnson,

       You have made an intelligent observation. I was
suprised!!

Yes, I admit I have  contradicted myself to a certain
extent. I feel after some rumination that there has to
be some form of instant deduction as soon as a
transaction has been cleared by the bank computer of a
registered product, or service. But it must be
remembered that we are concerned here with the
reduction of the PURCHASING POWER of money.
This has already been explained in a previous email.

Ofcourse, direct, and indirect taxation as it is
presently understood would not exist. There would
though be some  form(s) of inflation "taxation" if it
can be called as such. I have tried to avoid this
solution as far as possible but I cannot really see
any other alternative to slow down inflation pressures
apart from some kind of prize subsidization. 

All these  controls it must be remembered can be
implimented at the push of the button, and the whole,
or part of economy of a country is affected.

Anyway, as you are such a bright spark what is your
solution to the financial system, and the problems of
the world? It would be interesting to see if you are
able to come up with something original (it is easy to
attack other people, and their ideas)...though I very
much doubt it. Accountants are not really the most
imaginative creatures on the planet!!!!! 

R.Searle.




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

>  "Fantastic as it may seem 'hyperinflation' in TFE
> if
> it were ever to happen could be directly controlled
> without damaging, or indeed destroying the
> economy. The main reason for this is that virtually
> all products, and services when paid for, and go
> through the bank computer would be subjected to an
> instant inflation adjustment (ie. an electronic
> inflation check). This means the value of money
> rises at the same rate as inflation on prices."
> ---------------------------------------------------
> 
> So, in your system you would be marking down
> account balances as transactions occur.  This is
> tantamount to taxation to counteract government
> spending.  In your system you have not eliminated
> taxation but shifted it into another form.  You
> really
> are a confused little fellow, aren't you?
> 
> Zack
> 
> 
>   ----- Original Message -----
>   From: "robert searle"
>   To: discussion at globaljusticemovement.net
>   Subject: [GJM] CONTROLLED "HYPERINFLATION, "
> BUSINESS UNDERSTANDING,
>   AND PRICE PSYCHOLOGY IN TRANSFINANCIAL ECONOMICS
> (MARCH 2008).
>   Date: Tue, 4 Mar 2008 14:33:23 +0000 (GMT)
> 
>   Dear All,
> 
>   It must be remembered that the previous posts
>   concerning inflation controls in TFE are drafts.
> They
>   are just ideas being thrown around. These "ideas"
> may
>   not always be correct yet they are attempts to
>   understand, and remedy a very important subject
> using
>   existing concepts, and modifying them in an
> electronic
>   context.
> 
>   Fantastic as it may seem "hyperinflation" in TFE
> if it
>   were ever to happen could be directly controlled
>   without damaging, or indeed destroying the
> economy.
>   The main reason for this is that virtually all
>   products, and services when paid for, and go
> through
>   the bank computer would be subjected to an instant
>   inflation adjustment (ie. an electronic inflation
>   check). This means the value of money rises at the
>   same rate as inflation on prices. If left
> unchecked
>   both consumers, and producers would be dealing
> with
>   astronomical sums of money. Yet, no devaluation of
>   currency!!!
> 
>   However, such a situation could be avoided, and
> SLOW
>   DOWNED before it ever reached the "hyperinflation"
>   status. There are two key electronic methods of
> price
>   subsidization (ie new non-repayable money to
>   discourage price rises, and/or even part payment
> for
>   the inflated portion on the profit on some
> registered
>   product)and/or inflation "taxation". Incidently, I
>   have gone off the notion of lowering the
> electronic
>   Price Ceiling as this could prove to
>   counter-productive in the long-run.
> 
>   Anyway, so far as one can see if "hyperinflation"
> were
>   ever to arise in TFE certain novel strategies
> could be
>   implemented electronically.
> 
>   1. Price Override.
> 
>   This is when prices rise, and are continually
>   marked down several times automatically by the
> banks
>   transction/inflation control computers. This would
> be
>   a gradual process. It is very much like an
> inflation
>   "tax" or rather deduction but the purchasing power
> of
>   such money is still maintained in relation to the
>   entire economy.
> 
>   2. "Hyerinflation" Control.
> 
>   To some extent this may appear to be an
>   emergency situation. In TFE this is not so because
> one
>   method to deal with this is a general education of
> the
>   public, and especially businesses. The latter
> could
>   deal with hyperinflated money to a limited extent.
>   Yet, the profits, and retail prices are
>   instantaneously interpreted by bank computers into
>   their higher inflated counterparts (as opposed to
>   their hyper-inflated figures ofcourse). Such an
>   approach would require new business understanding
> ,
>   and pricing psychology for it to be understood,
> and
>   accepted.
> 
>   Thus, hyperinflation and the damage, and
> destruction
>   it would cause to the economy would no longer be
>   possible. Yet, in TFE such hyperinflated pricing
>   should still be avoided with the aid of "old", and
>   "new" electronic strategies of direct super
> flexible
>   controls over inflation levels. Again, it should
> be
>   repeated this would SLOW DOWN the process towards
>   possible controlled "hyperinflation"
> 
>   A Wikipedia article on hyperinflation might of
>   interest. It makes the important point that the
> worst
>   case scenarios of it was when PAPER MONEY was in
> use
>   as opposed to the electronic transmissions of it
> from
>   one account to another.
> 
>   http://en.wikipedia.org/wiki/Hyperinflation
> 
>   Robert Searle
> 
>   Please note more detailed versions of the above
> are
>   still in development...
> 
> -- 
> Want an e-mail address like mine?
> Get a free e-mail account today at www.mail.com!
> 
> 



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