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To: d:oug who wrote (79531)11/23/2001 1:07:20 AM
From: d:oug  Read Replies (1) | Respond to of 116752
 
on topic for those able to do non-linear thinking :o)

Now we all know that at times truth hurts,
and when you receive that tough love
you hope its not from a close friend,
but as far away from that as possible,
as in your enemy since its very easy to discard.

Gata Bill and Doug A.K. have no connection,
except that i am a gata nut, and Bill already has
an over-a-bun-dance of folks outside of Gata thinking
the Gata Army real name is Planters Peanuts.

Now lets address a person's ability to do non-linear thinking.

Please note that the following thinking types do not qualify.

O circular where its ever changing
U that u turn where one reverses their opinion
[] no opinion, boxed in, can't think out of the box
? only asks questions, supplies no answers
+ always needs more information
- always wants less info that you gave them
_ a fill in the blank type attitude
= will not change the subject
!= always tries to change the subject
" always quotes another person's thoughts
... stops any communication with a promise to continue later

Lets now highlight a person who can do non-linear thinking.

This person just happened to place an article at the following location,

lemetropolecafe.com

which happens to be Gata Bill's Cafe.

If you are not up to speed on where your thinking ability is,
and wish to be tested for a non-linear ability, then please visit
this Cafe and accept a free 2 week read only trial so that
you can discover the wonders that the Chairman of that organization
called Gold Anti-Trust Action gata.org, which happens to be
this person Bill Murphy, called Gata Bill by me and eventhought
Gata Bill has this article under his web site, welllllllllllllllllllll
best if Bill does not try to understand this article as his time
and energy is better spent doing something do'able :o)

Once you obtain the 2 week free trial then please do not join
as a full member since that would make me here appear to be
spam'ing this Cafe of Gata Bill.

Its important to note that one's ability to think in a curved straight line,
or on a straight line that is really curved, is not needed to understand
this post on mine here since many will speak that their understanding
of this post is very clear, that it is babble.

The Hemingway Table
US Financial Markets
Topic du Jour

On the Monetary Theory and Other Important Matters !!!!

... the rational reader might rightly say.

[or] Azteca is getting ready to be sent to the loony bin....!!!

... a simple example to the consideration of the reader:

It is well known and an established fact,
that the shortest distance between 2 points in space,
is a straight line connecting those 2 points.

... [however] it is built upon an axiom that specifies
that space-time is linear and with no curvature.

... suppose [this axiom] is wrong...

In this case, our Euclidean straight line could indeed be
a longer path than other naturally curved pathways of nature,
or at the very least, the energy spent to move an object
from point A to point B would be smaller if we used
a naturally curved pathway rather than forcing it
to move in a straight "visible" path.

Put in other words, if space-time is curved, it is obvious

[Note: When a science professor says "its obvious"
to students in the lecture, then there is a 50/50 chance
that the professor is hidding the fact he or she is clueless :o)]

that there will be a shorter curved path,
compared to a straight line connecting the points,
because what the straight line in reality represents,
is the "projection" in n dimensional space of a n+1 dimensional
curved shorter trajectory.

And it is an established scientific fact now,
that space-time has curvature.

Therefore, our... might be wrong or incomplete, because...

... this is to highlight the fact
... that "The invisible hand of the markets" of Adam Smith,
so much and loudly touted to be a mechanism that corrects imbalances
in the economic processes, by means of self-correcting forces
unleashed by those very same imbalances or manipulations,
is suspect or incomplete to say the least.

... [after this] somber introduction, we are ready to start...

... where is the Monetary Theory in all of this ?

And so we start......

Currently used Monetary Theory appears to be fatally flawed
because it tries to explain...

... there is still something else missing.

What is missing is the entropic or anti-entropic relationship
between the one and the many.

Let me explain...

But the missing and key point is that...

Therefore, we have seen in a simple example how...

What is sadder still, is that the "Free Market operated here".

Therefore, the author concludes again that while the mechanics
of Austrian Economics school are good, they do not defend
the citizen against the ravages of the big parasitic fishes
praying upon the productive economic endeavors,
even if a Gold Standard is in place.

This is no attack on Free Markets or on Gold...
while guaranteeing freedom, it will do so for good people
and for bad people. Gold will be used in a good way
by good people and in a BAD way by bad people.

But what about government, you might ask ?

Wouldn't the government prevent the bad guys
... depends on the people in the government
... throughout history, we have seen that the bad people
will always get the upper part, as long as there is not
a government of the general philosophy of a
... the freedom of the individual and meshes it efficiently
with the good of the community in a real anti-entropic way.

The relation between the one and the many again.

[Gold Standard] by itself will not drive evil away from man's hearts,
but will limit it only, as there appears to be always a way
for evil men to circumvent moral man's best efforts.

What happened here in the example where the bulb business...

As we have seen, the monstrosity of inflation coupled with
the existence of artificial competitive pressures,
causes entropy in the real world,
or real losses into the physical economic system
and DESTROYS it.

... the hard part is the one corresponding to the GAIN or real growth

... it can be said that Absolute Monetary Deflation
will tend to destroy the productive system
due to the heightened inefficiencies introduced by the time domain.

... this money can be created,
but only by the Treasury of the Republic,
and further backed by its sovereign credit and gold reserve,
in direct proportion to the anti-entropic gain of the system,
or better still, the wasteful sector could be taxed at much higher rates,
in order to diminish the money creation rate by the Treasury
and to improve the production/waste ratio.

... [to gleam] that there is a very significant difference here
between a Gold Standard System and a Gold Reserve System.

Evidently to the author, and hopefully to the reader by now,
a Gold Standard system, with all the benefits of personal freedom
and true money attributes that carries with it,
which protects from EVIL Monetary Inflation
unleashed by immoral and usurious private central Banks,
will introduce inefficiencies by its... mechanism... to acquisition
by the... and it also will introduce the deflationary inefficiency
caused by the lack of... method and... of the real gain of the economy.

This necessarily complex forecasting method is... in itself
since it represents the intelligence of man over nature
and its control for his benefit.

On top of that,
the Relative Monetary Deflation
or the inefficiency of the time domain
between actual cost and future sales price
will be realized by the same usurious and evil private...

Damned if you do, damned if you don't.

While accepting that the Gold Standard protects
... it will necessarily affect the well-being of the community,
as the economic growth will always be smaller than
... and the usurious... will control more and more of the gold
as time passes by, tilting the balance of... the whole economy
in his favor, and later squeezing out the...

Under a Gold Reserve System,
the method by which the Treasury should issue credit,
is by using gold reserve currency notes to be circulated
as... through the... system. The loans extended by
the... are normally secured and the... will only be liable
in gold by the fraction of loans which prove to be...

This is where the Magic of Gold plays its stabilizing part
when properly used, as it stabilizes the one and the many,
individual as well as enterprise endeavors, while at the same time
stabilizing the... and the group of... as we shall see.

Any gold loss by...

This gold loss... can only occur through the... in effect
signaling that there is too much unproductive money
in the... being used to buy... which are cheaper to buy abroad
precisely because the gold reserve currency loan issues
are being used... or... at home.

Instead of... in other words, inefficiency is...

... a loud and clear signal... is in trouble at home
and that they better fix the productive/overhead ratio
and the use of...

If, on the other hand, a gold increase occurs in the...

In any case, under the Gold Reserve system, the backing
of the currency is not... but... for man's well being in other words.

Moreover,
if the system is properly functioning,
the money supply will be in tune with the physical output of goods,
which sometimes could not be the case in the Gold Standard system.

And who will guarantee that the system works properly
the reader might ask ? The... of course, that will hold gold
bought on the free market in increasing quantities,
as a store of wealth,
if the authorities stray from their mission.

This... will force the authorities to recognize...

Gold when properly used by the Reason of Man,
is simply the Anti-Entropic "transformer"
and keeper of real freedom,
for the one and the many at the same time,
that ensures the vigilante and self-balancing effect
on the soundness of money, morals and freedom, of Individuals
as well as Nations.

It affects even the relationships between...

Because the Economy is for Man and not the other way around.

"Azteca de Oro"