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Hyper-DE-flation makes sense

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An open letter to Ellen Brown, who wrote Web of Debt, an analysis of why we are in so much financial trouble. She also makes other suggestions to help support our failing system such as in her recent article on the Huffington Post: But Governor, You Can Create Money! Just Form Your Own Bank We started our analysis of debt at about the same time, as I was influenced by her question "why do we need credit?" She has been making what she feels are helpful suggestions, most recent of which supports national banks based on the success of North Dakota's state farm bank. I am skeptical, I say lets let the market move freely back to the individual. Let the individual save enough money so he does not need credit. Lets go back to the old days when not only a dollar bought something good, but a penny did as well! Ellen disagrees, she opposes inflation but supports it by supporting credit, and she opposes deflation, which is the only way to bring back value to the dollar. I suggest hyper-deflation as a slight exaggeration, but then it just might work where everything else has failed.


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I am taking time out from my present project, a triptych piece that will conclude my work with empathy, or emotional communication, and will also attempt to give medical power to the people by combining veterinary studies (which anyone can legally study and practice at home), and compassion-based human medicine.
The empathy connection to power in government is becoming increasingly obvious: because Bush completely lacked empathy he consistently brought the nation to the brink of destruction making himself the most hated president in American history. At the other end of the empathy spectrum are neurological discoveries whose importance is so evident that Bush's alarming actions can be now easily traced to his dysfunctional neural constructs.
The medical/veterinary connection may seem out of place (and it was initiated by my attempt to help my dying cat), but it is valid because medicine is the only one of the four basic needs we cannot legally supply for ourselves in this present age. The other basic three basic needs--food, shelter and clothing--can just as easily be supplied by us just as we did in a do-it-yourself fashion during the human period from the Epoch until only fifty or a hundred years ago. Our present period of consumer dependence on those who provide "service" for us (from garbage collection to heart transplants) is but a wink of the eye.
The third component of the tryptich will continue the work I did on (which is now falling to corporate fascist control) that effectively influence government. My most important effort there was the Katrina support group that effectively got 24 hour turn-around time on issues from Congress (there was, and still is, a congressman in the group, Evan Bayh. Also influentual was a bulleted plan at the crucial finale of Obama's campaign that outlined the importance and a strategy to take away the "people's choice" cognition that McCain was creating; Obama followed that plan point by point, and won. That effort will probably be on Facebook, and will be called "Obama can change."

Dear Ellen,

Early on, you asked a question early on, something like "why do we need credit?" I thought that was an excellent question, and at the time we were still credit neophytes, exploring here on Op Ed News the idea of getting 11 umbrellas from 10.

Since then you have taken a creative route to what you feel is a sensible way to manipulate the free economy; creating government lending institutions, what I imagine to be a form of socialism.

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But in the time since you asked that question, I have personally taken a skeptical route about credit, and have answered the question of why we need it for myself with Edwin Starr's rhetorical answer to his question about war, "what is it good for?" Starr's answer was: "Absolutely nothing." This is how I feel about credit.

Since you asked that question I have personally come to see no real need for credit; I have concluded that it does not do anybody any basic and fundamental good, and only causes problems. Over the years I have had a relationship with credit without ever using it. I worked on Wall Street from 89-02 (in technology), and took the concept of credit for granted though I used it only once (and regretted it). When I was 11 I took 35 cents of credit from a hot dog vendor; I then learned that he was a Sicilian family member! Oops.

You also initiated inquiry about inflaction; once you mentioned that inflation is bad, but you also said that deflation is bad. That presented another question for me that is linked to the overall effects of credit on the economy. If item (A) is bad, and its opposite, item (B), is also bad, then how can we correct item (A), if its counter-acting force, (B), is also bad? From the mathematical perspective, this is contradictory, and we all agree that the study of economics is an extension of math, and even physics. I have seen that financial trading banks like to hire physicists to place derivative bets at the dry and un-fun free market "gaming table."

So rather than offering people credit, which I see as financial candy, why not just use hyper-deflation to make them rich by turning pennies into dollars. Hyper-deflation is the opposite of the evil of hyper-inflation, which contributed to WWII. So, if all things are equal, hyper-deflation should eliminate the threat of war.

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Lets look at other possible upshots of the effects of hyper-deflation: Those who thrive by making resources scarce, by hording resources such as hording land and housing, and then expect hyper-inflation to make their "investment" valuable will suddenly find what they have been holding, creating problems such as homelessness, to be valueless. Those who are down to their last pennies will suddenly find that they can survive: they have dollars! Wages, of course, jump 10,000% and jobs become plentiful as the cost of manufacturing in America dumps 10,000%. Normally this would cause inflation, but in this scenario, we are hyper-deflating. (Actually it would all balance out, but don't tell anyone.)

All the globalists and foreignists, especially those alien parasites thriving within the financial host, New York City, will see their treachery drop 10,000%. The world, seeing manufacturing in the US 10,000% cheaper, will simply pour in the US just as it has been pouring out of the US but at a much greater rate. Thirty years of damage will be undone is a matter of months.

The hemorrhaging that America has been experiencing for three or four decades will instantly stop; America will become financially stable enough to stop destroying the planet, and more importantly, America will stop teaching other nations how to join in the planet's destruction. America will enter a Renaissance, and all will be right with the world.

And finally, drug infiltration will instantly stop; the drug lords (who are also the war lords) will see their American drug dollars instantly turning into pennies. The local peoples whose lives they have destroyed will probably make short work of these particularly heinous and dominating diseased cultures.

I would not expect to get support for such a plan on the Internet, and I would expect a lot of criticism because is radical only in the Fascistic sense, it is purely regressive. But then the Internet is increasingly criticized by psychologists as an invalid communication environment in that it resembles humanity in no known way. It uses digital communication (of course), and I am showing that digital communication is the opposite of human, or emotional, communication, and hence invalid in the human environment. The Internet far less a place of democratic interaction and decision-making, and more so a place for simply making collaborative connections to ultimately consummate in real world projects.
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I am a worker, photographer, and writer. I am now working on a counseling masters degree focusing on youth and community, neurology and medication, and underlying genetics. My photography is my greatest accomplishment. The style is the art of (more...)
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