Letter to the Editor
Tuesday October 07, 2008
'Money' has been in short supply in every community on Earth, regardless of what the money was physically made from, the political structure, the advancement of technology or the abundance of natural resources. The recent ‘bailout’ bill was only unusual in that it raised a debt limit and spent the money simultaneously; usually this is done as two separate acts.
While paper money has eliminated the need for conquistadors and the search for colored dirt (gold, silver, etc,) paper’s instant availability has made infinite debt and infinite inflation possible. The imbalance of debt and inflation can only grow as we move forward through time, since EVERY transaction in the economy generates inflation. We are tumbling into a historically common mathematical abyss from which there is no escape. More money is not the solution; too much money-value is the problem.
The only mathematical solution to the problem with money is to start over. This was the prescription thousands of years ago, and is still valid today: Jubilee.
The laws and beliefs that govern our nation, our education and our finances are fundamentally flawed. The battle for revenue, (be it profits or taxes or donations,) is a war without end. We must become a master of the numbers, not a slave to them. Blaming the richer and killing the king are the oldest ideas known to man. We are all in the same loop, regardless of our position in the loop. We cannot serve two masters, one wise and one otherwise.
While paper money has eliminated the need for conquistadors and the search for colored dirt (gold, silver, etc,) paper’s instant availability has made infinite debt and infinite inflation possible. The imbalance of debt and inflation can only grow as we move forward through time, since EVERY transaction in the economy generates inflation. We are tumbling into a historically common mathematical abyss from which there is no escape. More money is not the solution; too much money-value is the problem.
The only mathematical solution to the problem with money is to start over. This was the prescription thousands of years ago, and is still valid today: Jubilee.
The laws and beliefs that govern our nation, our education and our finances are fundamentally flawed. The battle for revenue, (be it profits or taxes or donations,) is a war without end. We must become a master of the numbers, not a slave to them. Blaming the richer and killing the king are the oldest ideas known to man. We are all in the same loop, regardless of our position in the loop. We cannot serve two masters, one wise and one otherwise.
|