Gary Goodman writes:
Deflation grinds everything to a halt, while debts remain in place and grow, people subject to bankruptcies and foreclosures. Creditors seize property, including public property of cities, etc.He writes that "deflation grinds everything to a halt." Not entirely to a halt, as people have to eat and their hunger will drive agricultural restoration and reformation -- and food will get better! Schools can become constructive shortening time to PhD graduation to the time that the student wants it to be.
Deflation is a vastly safer alternative to violent revolution, which is the only other option, as debts can be forgiven, foreclosure outlawed, and factories given to the workers to fulfill local needs--railroads can be restored. They way many talk about the dangers of debt, China can seize tye US anytime it wants--which won't happen, obviously. So having read "obviously," a readers mind might move towards "rational" explanations of why China will not/cannot foreclose. This will not explain how it works, or how it CAN work, but will rationalize on behalf of it negating the simple fact that it does not work in that we are "cooking" our planet because of economic growth. So, in fact, a reader might be (a minor) part of the problem.
In simple math, growth is decline, and therefore, decline is growth, the return to the natural human minus all the defects (such as central domination), but keeping all the benefits, especially health and medicine. Underlying the problem is mental health, in that the sick are promoted to positions of control in ways that are supported by everybody, including the religions (prayer can fix anything) and the rights people (we are empowering the sick).
My signifcant recent writing shows, or really discovered, that the "method" of Western Civilization (our banking system), which is the Dialectic, was in fact restored to its Platonic and "spiritless" (or Geist) state by Marx and Engels, which suggests that globalism was "supercharged" with surplus communism made available by the "fall of the wall." Of course, it is the professors who teach the economists, and of course counsel the president, so they are an unquestionable source of dialectic thinking, but one has to look at the waste in (so called) China, to see the true effects of economic insanity to fully comprehend what is called "antithesis" (or anti-thought, anti-abstraction or even anti-God) to see the full effects of the dialectic tripartite.
- John Bessa think about it, deflation is a safe alternative to violent revolution -- as Penley is preparing for!
General inflation -- of both wages and prices --- allows gen population to pay off aggregate private sector debt with cheaper money.
Inflation is friend of the debtor. Who hates inflation? Bankers, going back to Gold std and McKinley vs Bryan.
Not about one individual debtor, but aggregate debt of US private sector to banks is 300% of GDP, instead of 50%.
Deflation grinds everything to a halt, while debts remain in place and grow, people subject to bankruptcies and foreclosures. Creditors seize property, including public property of cities, etc.
April 29 at 4:32am · ·
1
John Bessa
You write that "deflation grinds everything to a halt." -- Not entirely to a halt, as people have to eat and their hunger will drive agricultural restoration and reformation -- and food will get better! Schools can become constructive shortening time to PhD graduation to the time that the student wants it to be.
Deflation is a vastly safer alternative to violent revolution, which is the only other option, as debts can be forgiven, foreclosure outlawed, and factories given to the workers to fulfill local needs--railroads can be restored. They way you talk, China can seize us anytime they want--which won't happen, obviously. So having said "obviously" your mind will move towards "rational" explanations of why China will not/cannot foreclose. This will not explain how it works, or how it CAN work, but will rationalize on behalf of it negating the simple fact that it does not work in that we are "cooking" our planet because of economic growth. So, in fact, you are (a minor) part of the problem.
In simple math, growth is decline, and therefore, decline is growth, the return to the natural human minus all the defects (such as central domination), but keeping all the benefits, especially health and medicine. Underlying the problem is mental health, in that the sick are promoted to positions of control in ways that are supported by everybody, including the religions (prayer can fix anything) and the rights people (we are empowering the sick).
My recent writing shows, or really discovered, that the "method" of Western Civilization (our banking system), which is the Dialectic, was in fact restored to its Platonic and "spiritless" (or Geist) state by Marx and Engels, which suggests that globalism was "supercharged" with surplus communism made available by the "fall of the wall." Of course, it is the professors who teach the economists, and, of course, counsel the president, so they are a likely source of dialectic thinking, but you have to look at the waste in (so called) China, to see the true effects of economic insanity to fully comprehend what is called "antithesis" (or anti-thought, anti-abstraction or even anti-God) to see the full effects of the dialectic tripartite.
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