Tuesday, May 17, 2011
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Challenging the Premisses
Start with the debt problem, three views of it,
and the most important thing. Here's a longer look at the debt problem.
Here's a short one on economic policy, some surprising trends, and a few unusual policy recommendations. How'd we get into this mess? Read Policy Venn and Policies of the Venn Overlap. Still with me? Read A Matter of Life and Death. And for an overview, download my 12-page PDF |
11 comments:
Interesting. Self similarity is a constant theme of life it would seem.
Can you remind me what the 'adjusted monetary base' in the graph is?
i mean the obvious (spikey) diff
piet despite having no idea what you are talking about I think I spy a pattern I want to agree with.
Imagine again, if you will dust as credit as dust given to someone who will turn it into green, the desirable beneficial necessary and marketable kinds.
Debt is more like hoarded dust, kept out of the weather, kinda like much of the earth we need to work out up and off into heaven after good old weberian analysis.
Debt is like a mix of an arms race and the keeping your powder dry stand-off. Unsustainable. Something bound to go bust.
The us is trading on accounting for and thus counting on debt. Pumpin, bailing and slushing it around roulette fashion is a huge part of the income generation of this age (or can i say incomage of this generation?) and they hope to see the whole world swallow it like it did the other fakery (for the last few and as they still do), hollowwood. Figuring the middle age expulsions (helping to seed and spread the prob) won't happen to them. Euros are in no shape or mood, nor otherwise qualified to do a recall, no matter how needed, globally popular and justified.
Now, odd enough, or not, if you recall my ideas about parallelitude of dust and money, both being promises of sorts.
But nowadays we (that see) see the latter usurpin, displacin & preventin the former waaaaay past bettime. If this WAS a fairy tale, imagine a magician appearing as if ... who says, ok kids, time is up, i'm calling your bluff, i will now turn all your promises and allocations of hard cash gone soft and ready whereever they may be, in a flash.
you see, for me the 9/11 event has always been marked by the dust rather than the planes.
And of course instead of making sure all those caring for sewage and compost heaps had the knowhow, energy and will to wet and mix fresh dust in there (due process) to come up with heat & power spending processes that would then be ready to deepen soils and vitalize produce, etcetera (dew process) the great big houses of debt (wtc) hoarded the stuff but when the magician made it burst its recursively pent bits and bytes bounds, hell broke loose, X marks the spot plosively.
A just bureaucrat would have distributed debt/credit, diffused amassments, defused and prevented polarization of income levels, etcetera .. and that spike would evoke association with a treewhip, not a rate of toxicity, be it radiation, rare metal or corexit (a cocktail of waste, the producers were eager to dispose of appararantly).
Devilish times indeed. Makes listening to Charles Manson mighty easy.
piet, if debt predates money, and it surely does (as does saving), then what sense does your post above make?
I used to stare at "modern art" paintings, figuring if I stared long enough meaning would emerge from them, like one of those stereogram posters or something.
That changed after I saw the movie Pollock (with Ed Harris in the title role). At one point the artist says his paintings are not supposed to be of something; they are only supposed to be beautiful.
Piet's writing is like that.
"you see, for me the 9/11 event has always been marked by the dust rather than the planes."
Simply beautiful.
LH: piet, if debt predates money, and it surely does (as does saving), then what sense does your post above make?
lots and lots, extra even, ... better beginning for that kind of Q woud be: if rock predates memory .. to indicate the inextricable complexity as a warning sign that looking for the broad brush rule of thumb sharables might be the smarter approach
rock gone wrong = debt, blame, sin, dust storms, deserts, 9/11z, etcetera
rock gone 'rite' = greenery worth money, confidence inspiring credit conjuring, circulation, ablation, libation, celebration, the in this sense undersung nonshunned shine of the sun ... the placated and assuaged severity singe of the desert god
intuitive guy like you will get it in a flash any moment now.
debt predating money
is as rock predates man .. just remember it all aint no rocket and stays in close touch mullamillin it all about and over again, like a ball of dough, so vast though, it'll never be or get very even, noospheric fairy tales (extrapolated from the rapid mix of air as opposed to minerals and their wild wetting familiar ferrying back and forth between them) notwithstanding. More like a lay(away)er cake.
the trick is to honour your ancestors and nudge them to feed you if you know what's good for you
predation of debt on money is twofold, a reciprocatory living breathing thing
1 - deprivation of money depending on entitlement strength (are the guns defending OR attacking the rabble, sick OR sound investments).
9/11 (toxic) and Mount St Helens (not toxic but poorly distributed) OR seercentre type intelligence and dosage ... calling all wheelbarrows .. the diff being a bit like that between the old ones sending youngsters into war OR on helpful missions. Good recruiters like Arthur will mint you a knight in this fight. Just ask him.
piet, if rock predates man and your gist is that man is a predator of the rock (I agree) then if debt predates money then it is money that is the predator of debt, not vice versa.
The indisputable fact that the notion of money being the predator of debt is today almost universally culturally repugnant in the west is the best evidence IMO that it is actually correct!
are you saying i am not allowed to differentiate debt into pledge and obligation?, claimant and ower?
Surely not. A debt liquidation is like a splinter, precursor, glimpse and foreshadow of judgement day. All illusion that debts can be piled and stacked, uniformed and uniformatted enough to seem huge, rest on good old feudal absenteeship aggravated by the digital homogenization AND the nonrootedness, deleteriously delegationary disinterest even at local levels made possible by mobility.
you are prolly having visions of debts as herds in a scared stiff huddle, paralyzed as the bentley, bugatti, lamborghini, porsche and ferrari drivin 'city boy' and wall strutters rev around them to keep the rabble out, holding all that shit hostage.
monies and debts needs to give and take flex, run both ways, interactive, running relays and reliefs.
man is a predator of rock .. if/when/as long as he deals with his ancestors dishonourably,
man is a prisoner of rock (arrayed to surround/contain him by rivals, in most cases sibling disrespectors of rock).
man is a descendant of rock (debit it to your grist mill please).
refluxa vice is given.
debt good and debt bad
bullshit redeeming minerals or the ones locked into walls (most famous of which goes right through traditional growing fields)
money -- debt
immediate need filling consumables -- slow release, as yet immature projects (production underway, 'in progress')
yes we aim for climax levels (don't like 'peak' in this context)
if you were to emit debt aimed at funding and reserved for 1000 year old trees you'd certainly get a bit of a spike in the ratios but need it be a menace and overshadow the present, predate and cause shortages? No, luckily, all that sunshine them old future fairyland familytree (multi-generational, multi-story) housing projects will eventually catch can be used for shorter term and more immediate results meanwhile.
"are you saying i am not allowed to differentiate debt into pledge and obligation?, claimant and ower?"
A true debt is a bilateral relationship between two consenting entities. As such you or I have no business saying anything about it whatsoever. See www.ripplepay.com.
Fake debt, (which we call money), is as you say a debt owed by god knows who, as in the case of the bullshit minerals (nice turn of phrase) you refer to or in the case of Arthurs beloved base money (which does not cure any evils at all as far as I can see).
Money is manufactured from debt either by banks and/or by a shared cultural delusion. Debt is not manufactured from money.
"All illusion that debts can be piled and stacked, uniformed and uniformatted enough to seem huge, rest on good old feudal absenteeship aggravated by the digital homogenization AND the nonrootedness, deleteriously delegationary disinterest even at local levels made possible by mobility."
Well yes that illusion is rather crucial but no different in principle to the illusion that sustains civilisation which some wag once referred to as 'a food powered make work scheme'.
"debt good and debt bad"
indeed, but I think we call the 'bad' debt money.
Your last para, I have not a clue about!
bullshit minerals
i mean all shit (all organic waste) redeeming minerals, turning rock to soil, cornerstone and mainstay of honest equitable and par economics
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