Is the Dollar being devalued by stealth. That old trilemma. The economic consequences of President Trump. Voice over reading, added

The Flack is thickest over the target.

The video delves into the nuanced economic impacts of currency devaluation, exploring complex political, financial, and societal systems, while critiquing modern monetary policies and their paradoxical outcomes.

Detailed Summary for [Is the Dollar being devalued by stealth That old trilemma]

The video discusses the potential stealth devaluation of the dollar and its implications in the context of political and economic dynamics, particularly under President Trump's administration.

- The video opens with a question about whether the dollar is being devalued without obvious signs.}

- Key political figures are mentioned, indicating a shift in economic ties and leadership roles that may influence the dollar's value.}

- The discussion touches on significant political issues such as Brexit and austerity, which are relevant to the economic landscape.}

- The strategy of political campaigning is analyzed, emphasizing the importance of connecting policies to party narratives.}

[03:26](

The discussion revolves around the complexities of understanding paper currency and its implications for trade, highlighting the need for clarity in economic discussions.

- The learning process surrounding economics is intricate and often neglected.}

- The inquiry aims to clarify the nature and necessity of paper currency for the audience.}

- A specific quantity of money is essential for facilitating trade effectively.}

- The centralization of the credit system grants significant power to a select group of money lenders.}

- Understanding the proportionate quantity of money necessary for trade is crucial for economic stability.}

[06:57](

The video discusses the complexities of monetary systems, emphasizing the variability of currency and its implications for economic analysis and control mechanisms within society.

- Introduction to the concept of state banks and their bureaucratic nature.}

- Exploration of historical discussions on value, fluctuating prices, and the inadequacies of using a variable currency as a measure.}

- Analysis of the monetary and financial system as a socio-political tool for economic control and its role in tax collection and public goods provision.}

- The importance of understanding financial institutions as command and control systems that influence societal dynamics beyond pure economic considerations.}

[10:27](

The discussion revolves around the principles of taxation and the complexity of economic policies, emphasizing the importance of understanding both economic and political factors in sustaining national success.

- Introduction to the principles of tax policy, highlighting the need for sound taxation based on economic understanding.}

- The significance of political principles in taxation, suggesting that effective policy requires a comprehensive grasp of these concepts.}

- A critique of a previous argument, indicating dissatisfaction with the lack of empirical evidence and the quality of discourse in economic discussions.}

- Questioning the effectiveness of import tariffs in relation to currency devaluation, pointing out the complexities in economic policy discussions.}

[13:55](

The video discusses the complexities of addressing intricate problems and the ideological barriers that hinder effective solutions. It emphasizes the necessity of understanding context and adapting leadership styles to navigate these challenges.

- Introduction to the nature of complex problems, highlighting their nonlinear interactions and potential for significant consequences.}

- The importance of utilizing super competencies to address complex issues and the dangers of oversimplifying such problems.}

- Identification of three ideological obstacles—neoliberalism, managerialism, and elitism—that pose significant threats to societal and ecological stability.}

- A preview of the book's content, contrasting the dangers presented by current ideologies with the potential solutions offered by super competent democracies.}

[17:24](

The video discusses the paradox of modern financial systems, emphasizing how complexity and efficiency in financial instruments have led to new forms of scarcity rather than abundance, ultimately questioning the effectiveness of these systems in addressing societal needs.

- Introduction to the complexities in modern finance and its impact on society.}

- The irony of creating systems for efficiency that render them ineffective.}

- Exploration of how financial innovations have contributed to scarcity instead of abundance.}

- Critique of the carbon currency system as a flawed solution to environmental issues.}

- Discussion on how scarcity has become a commodity, increasing the value of limited resources.}

Monica

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‘The flak is heaviest when you are over the target!’

Andrew Bailey calling for closer EU ties, Mark Carney is now Premier of Canada, Christine Lagarde is being touted as a possible replacement for Klaus Schwab at the WEF. Is President Trump providing the Dead Cat for the Dead Cat bounce of Globalist authoritarian command and control?

May 30, 2017

Salience, Relevance, Differentiation, and The Polling Booth, A Crosby Show Blogzine.

Salience, Relevance, Differentiation, and The Polling Booth point of sale.

The NHS, Fairness, Immigration and People, Brexit, and an end to Austerity. Are the relevant and salient issues I get from the data? Applying an analysis with the lens of Lynton Crosby’s four elements in campaigning, namely:

1. Salience: Is it out there?

2. Relevance: Do the people give a shit? Is it personally relevant?

3. Differentiation: They say that too. Political differences, where's the change, why change?

4. The point of sale execution: Making the lies stick, connect the policies to the party. Crosby says, “If in doubt, believe in something.” If you're losing, then get someone else to do the dirty work for you. Surrogates. Negative campaigning. Candidates must carry.

( The figures are video timings for direct quotes.)

Opponents are attempting to undermine the Brexit case.

‘The flak is heaviest when you are over the target!’

Tuesday, 14 May 2019

It has been interesting over the last few weeks to see a rise in attacks on the English Democrats and on myself, and also on anybody who has supported us over our case to have the High Court declare that the UK left the EU at the expiry of our notice on the 29th of March. Initially, some opponents tried to suggest that the case was simply hopeless.

Nigel Farage was one of those saying on his LBC show that the constitution was so vague and that the judges are so doubtful that the case had no hope. Since he said that, he has come fully out with his The Brexit Party Limited, in which he seems to be the sole shareholder and is a joint director with Richard Tice. I found it odd that Nigel should say that.

Hasn’t his behavior over the leadership of UKIP and recently in his attacks on UKIP shown all too clearly the nature of Nigel Farage’s character? Especially when you consider it was UKIP that gave Farage his platform, not the other way around.

August 6, 2022

Re-Establish Sovereign Money Creation.

“There is no science, the study of which is more useful and commendable than the knowledge of the true interest of one’s country; and perhaps there is no kind of learning more abstruse and intricate, more difficult to acquire in any degree of perfection than this, and therefore none more generally neglected. Hence it is that we every day find men in conversation contending warmly on some point in politics, which, although it may nearly concern them both, neither of them understands any more than they do each other. Thus much by way of apology for this present enquiry into the nature and necessity of a paper currency. And if anything I shall say may be a means of fixing a subject that is now the chief concern of my countrymen, in a clearer light, I shall have the satisfaction of thinking my time and pains well employed. To proceed, then, there is a certain proportionate quantity of money requisite to carry on the trade of a country freely and currently; more than which would be of no advantage in trade, and less, if much less, exceedingly detrimental to it. This leads us to the following general considerations.” — Benjamin Franklin

The sectoral balances approach to aggregate demand is a tautological accounting identity. Explication of the Magic Money tree is my simple aim. I have written longer poems on political economy and about energy-based calibrations of the unit of account and value. Usury hells fuel man's oppressor, tides of the dollar moon, and bourgeois resolution and globalization unentangled all explore these areas. I have also written a novel titled Conquest of Dough.

Money, Credit, and Debt in Quotes from Some Well-Known Names:

“Talk about centralization! The credit system, which has its focus in the so-called national banks and the big money-lenders and usurers surrounding them, constitutes enormous centralization, and gives this class of parasites the fabulous power, not only to periodically despoil industrial capitalists, but also to interfere in actual production in a most dangerous manner— and this gang knows nothing about production and has nothing to do with it.” — Marx

“There is a certain proportionate quantity of money requisite to carry on the trade of a country freely and currently; more than which would be of no advantage in trade, and less, if much less, exceedingly detrimental to it.” — Benjamin Franklin

“Money and goods are different; most confusion in economic thinking arises from a failure to recognize this fact. Goods are wealth which you have, while money is a claim on wealth which you do not have. Thus goods are an asset; money is a debt. If goods are wealth, money is not wealth, or negative wealth, or even anti-wealth. They always behave in opposite ways, just as they usually move in opposite directions. If the value of one goes up, the value of the other goes down, and in the same proportion.” — Carol Quigley

“A powerful apparatus! The powerful apparatus equals transferring from one state pocket into another such remarkable real values as Soviet rubles. Current accounts expressed in gold rubles. And how are they made up? Ninety to ninety-eight percent are revenues from our state trusts, i.e., the same official bits of paper from the same bureaucrats! At present, the State Bank equals a bureaucratic paper game. There is the truth for you, if you want to hear not the sweet communist-official lies (with which everyone feeds you as a high mandarin), but the truth.” — Lenin

“Discussions of value, fluctuating prices, the gold standard, changing interest rates, items of pecuniary wealth which are at the same time items of debt are merely discussions looking toward a readjustment of the factors which prevent them. The problem of analyzing political choices against the metric of a monetary measure is that money as a thing is most certainly a variable and like any good technologist, scientist, or metrologist will tell you, a unit of measurement has to be clearly defined and fixed. The dollar. He notes that it is a variable. Why anyone should attempt, on this earth, to use a variable as a measuring rod is so utterly absurd that he dismisses any serious consideration of its use in his study of what should be done.” — Technocracy Pamphlet 1933

“The monetary and financial system of an economy are part of the socio-politico-economic control mechanism used by every state to connect the economy with the polity and society. This neural network provides the administrative means to collect taxes, direct investment, provide public goods, and trade. The money measures provide a crude but serviceable basis for the accounting system which in turn, along with the codification of commercial law and financial regulation, are the basis for economic evaluation and the measurement of trust and fiduciary responsibility among the economic agents. A central feature of a control mechanism is that it is designed to influence process. Dynamics is its natural domain. Equilibrium is not the prime concern; the ability to control the direction of motion is what counts. Money and financial institutions provide the command and control system of a modern society. The study of the mechanism, how they are formed, how they are controlled and manipulated, and how their influence is measured in terms of social, political, and economic purpose pose questions, not in pure economics, not even in a narrow political economy, but in the broad compass of a political economy set in the context of society.” — Martin Shubik

“The most hated sort, and with the greatest reason, is usury, which makes a gain out of money itself, and not from the natural object of it. For money was intended to be used in exchange, but not to increase at interest. And this term interest, which means the birth of money from money, is applied to the breeding of money because the offspring resembles the parent. Wherefore, of all modes of getting wealth, this is the most unnatural.” — Aristotle

“Do not have two differing weights in your bag—one heavy, one light. Do not have two differing measures in your house—one large, one small. You must have accurate and honest weights and measures, so that you may live long in the land the LORD your God is giving you. For the LORD your God detests anyone who does these things, anyone who deals dishonestly.” — The Old Testament, Deuteronomy 25:13-16.

Dr. Adrian Wriggley, Tax, Banking, Paper.

Principles of Tax Policy Are Economic and Political

National success can only be sustained with a sound system of taxation. Sound taxation must be based on policy principles thoroughly understood by those empowered to maintain it. These must be based on an understanding of the economic principles underlying taxation. Equally important is an understanding of the political principles behind taxation.

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Grub Street In Exile

A Deckchair Attendant's Lament: Wisty's Titanic Tales

I'm no longer interested in your advertisements for your work after having done you the honor once only to find that your main thesis is trash, as I summarized to you previously and for which you had no direct rebuttal. If you want to just engage in argumentation like the rest of us here rather than be a lazy, poorly socialized copy and paste hound, then that would be great.

I didn't evade your EROI question asking for empirical proof. Apparently, you didn't understand my response that there can be no empirical study of the EROI of oil plays because there is too much complexity and only circumstantial evidence to work with. That was not me being evasive; that was me telling you that you're asking the wrong question.

When faced with genuine adversity, only babies say, "this is my last response to you." And I'm a baby magnet. You came in hot calling us a cult, and now you're facing some competition because of it. Deal with it.

On what planet does a 42% import tariff make up for a 30% devaluation of the entire currency? And the global reserve currency, no less. Pull yourself together.

Grub Street In Exile

It would be very nice if you could advertise some of your own work, perhaps more than a few observations cobbled together in a haphazard fashion. Substack is supposed to be a newsletter for writers to "advertise," "promote," and even get paid for their work.

Here's an advert for my work.

I do not place anything which I put on here behind a paywall.

The Conquest of Dough Website
conquestofdough.weebly.com

On The Going Direct Paradigm Mind Map
The Going Direct Paradigm Blog
June 17, 2023
Mind Map

SUPERCOMPETENT DEMOCRACIES PROLOGUE GAIAN DEMOCRACIES

This book proposes that our societies will have to become ‘Super-Competent Democracies’ in order to learn how to manage the immensely complex challenges and threats that we are facing. The purpose of the book is to explain why and how Super-Competent Democracies have to emerge so that our societies can become increasingly just and increasingly sustainable.

The world we live in and depend upon is immensely complex, and so are the problems, the threats, and the challenges that we face. Because they are complex, they cannot be solved with the lavish application of technological ingenuity and human resources as we can with ‘simple’ problems such as building a bridge or ‘complicated’ problems such as putting a man on the moon.

As David Snowden and Mary E. Boon said in "A Leader’s Framework for Decision Making" (Harvard Business Review: November 2000), complex problems involve large numbers of interacting elements. The interactions are nonlinear, and minor changes can produce disproportionately major consequences. The system is dynamic; the whole is greater than the sum of its parts, and solutions can’t be imposed; rather, they arise from the circumstances. They emphasize that tackling complex problems requires a deep understanding of context, the ability to embrace complexity and paradox, and a willingness to flexibly change leadership style. Indeed, by treating complex problems as if they were simple or complicated leads to the emergence of disastrously chaotic outcomes, of which there are multitudes of florid examples at every level from the local to the global. By contrast, by applying ensembles of ‘Super-Competencies,’ complex problems can be dissolved, as the great management cybernetician Stafford Beer says in "Decision and Control" (1966).

All of the ‘Super-Competencies’ we can use to dissolve the complex ecological, economic, social, and political challenges and threats we are facing have been tried and tested and rigorously evaluated over the past fifty years or so.

However, while learning how to dissolve those problems, we will also have to dissolve three great ideological obstacles to their implementation: Neoliberalism, Managerialism, and Elitism. The anti-human, anti-nature, and anti-democratic systems that have been created by these three ideologies are herding the whole of the human family, and much of the natural world, to the brink of chaos and extinction.

Why and how these ideologies combine to present a lethal danger to the future of the human family and the natural systems on which we depend is detailed in the first half of the book. The why and how of Super-Competent Democracies will be detailed in the second half.

SUPERCOMPETENT DEMOCRACIES SERIES

• Episode 1: Meet the Combatants

• Episode 2: The Neoliberal Thought Collective

• Episode 3: The Dropping of the Pennies

“Democracy is that institutional arrangement for arriving at political decisions in which individuals acquire the power to decide by means of a competitive struggle for the people’s vote.” — Joseph Schumpeter

The Great Inanition: A Paradox of Plenty in the Age of Going Direct

In the manner of G.K. Chesterton, there is something peculiarly fitting that in the year of our Lord 2019, when the great minds at BlackRock conceived their “Going Direct” plan, they should have chosen a phrase that so perfectly captures the paradox of our age. For in “going direct,” we have achieved the remarkable feat of going nowhere at all, save perhaps in ever-decreasing circles, like a snake consuming its own tail in the ancient symbol of the ouroboros.

It is a curious thing, and one that would have delighted the medieval schoolmen, that in an age of supposed abundance we should find ourselves discussing inanition – that most technical of terms for the most basic of wants. When Boris Johnson, that peculiar mixture of classical scholar and modern huckster, spoke of the “inanition of truth,” he stumbled upon a greater truth than perhaps he knew. For we are indeed suffering from a great inanition, not merely of truth, but of everything that gives substance to human society.

Consider, if you will, the magnificent absurdity of our situation. We have created financial instruments so complex that they can only be understood by machines, yet we cannot seem to feed the poor. We have developed digital currencies that can cross the world in microseconds, yet we speak earnestly of “going direct” as if the very complexity we have created must now be bypassed. The great joke is that in attempting to make everything more efficient, we have made it impossible for anything to work properly at all.

The Going Direct paradigm, that clever child of BlackRock’s imagination, is rather like a man who, finding his house too cluttered, decides to solve the problem by removing all the doors and windows. The efficiency is undeniable – there are now no barriers to movement! But the house, curiously enough, has ceased to be a house at all.

And here we arrive at the heart of our paradox. The very systems designed to create abundance – the ETFs, the digital currencies, the carbon credits – have instead created a new form of scarcity. It is as if we had invented a machine for making bread that worked perfectly well, except that it required us to stop eating altogether.

The carbon currency end game, that peculiar marriage of environmental concern and financial engineering, presents us with perhaps the ultimate Chestertonian paradox: we are trying to save the world by creating a new way to count its destruction. It is rather like trying to cure a man of gambling by giving him an infinite supply of poker chips.

But the true genius of this system – and here we must doff our caps to the architects of Going Direct – is that it has managed to make scarcity itself into a commodity. The less there is of something, the more valuable it becomes. Thus, we have achieved the remarkable feat of making poverty itself profitable – at least for those who own the right sort of financial instruments.

Pierre Omidyar, that unknown oligarch who became known precisely by funding those who would expose other oligarchs, represents perhaps the perfect symbol of our age. Like a character from one of the more satirical passages of “The Man Who Was Thursday,” he funds both the revolution and the counter-revolution, the exposure and the cover-up, the transparency and the opacity.

And so we find ourselves in this curious position where everything is going direct, yet nothing seems to arrive. Where we have created abundance through scarcity, and scarcity through abundance. Where the very tools designed to democratize finance have instead created a new feudalism, all the more perfect for being digital.

The great irony – and Chesterton would have loved this – is that in our attempt to make everything more efficient, more direct, more “smart,” we have created a system so byzantine that it makes the actual Byzantine Empire look like a model of simplicity. We have, in short, achieved inanition through excess, emptiness through fullness, and poverty through wealth.

And perhaps that is the greatest paradox of all: that in an age where everything is supposedly “going direct,” we have never been more lost in the labyrinth of our own making.

The End