[GJM] CONTROLLED "HYPERINFLATION, " BUSINESS UNDERSTANDING, AND PRICE PSYCHOLOGY IN TRANSFINANCIAL ECONOMICS (MARCH 2008).
Rodney Shakespeare
rodney.shakespeare1 at btinternet.com
Tue Mar 4 13:36:20 MST 2008
Ah yes, Zack, I see that Robert has asked you for your "solution to the
financial system and the problems of
the world."
Rodney Shakespeare
----- Original Message -----
From: "robert searle" <dharao4 at yahoo.co.uk>
To: <discussion at globaljusticemovement.net>
Sent: Tuesday, March 04, 2008 5:42 PM
Subject: Re: [GJM] CONTROLLED "HYPERINFLATION, " BUSINESS UNDERSTANDING,AND
PRICE PSYCHOLOGY IN TRANSFINANCIAL ECONOMICS (MARCH 2008).
> 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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