luka

Well-known member
and in India the rate down to 18 per hundred

but the local loan lice provided from imported bankers

so the total interest sweated out of the Indian farmers

rose in Churchillian grandeur

as when, and plus when, he returned to the putrid gold standard


“The trick is simple. Whenever the Rothschild and other gents in the gold business have gold to sell, they raise the price. The public is fooled by propagandizing the devaluation of the dollar, or other monetary unit according to the country chosen to be victimized. The argument is that the high price of the monetary unit is injurious to the nation’s commerce. But when the nation, that is, the people of that nation own the gold and the financiers own the dollars or other monetary units, the gold standard is restored. This raises the value of the dollar and the citizens of “rich” nations, as well as citizens of other nations, are diddled.”
 

craner

Beast of Burden
if you want to be thorough you can read this
apologies if im linking to a fascist site as seems fairly likely

Highly fascist site!
 

luka

Well-known member
T'ang history apparently signalling the time of Ch'eng T'ang who understood 'the distributive function of money'
“STATE AUTHORITY behind the printed note Is the best means of establishing a JUST and HONEST currency. The Chinese grasped that over 1,000 years ago, as we can see from the Tang STATE (not Bank) NOTE. SOVEREIGNTY inheres in the right to ISSUE money (tickets) and to determine the value thereof.”
 

luka

Well-known member
this is actually well worth skimming, im sourcing quotes from it

 

luka

Well-known member
"by returning to the gold standard Churchill forced the Indian peasant to pay two bushels of grain in taxes and interest which a short time before he had been able to pay with ones only"
 

luka

Well-known member
"counting money as certificate of work done, the simplest means of keeping money distributed... is to keep work distributed"

"The last thing the exploiters want to let their employees divide is labour.

IT IS NEVERTHELESS UNDENIABLE that if no one were allowed to work (this year 1933) more than five (5) hours a day, there would be hardly anyone out of a job and no family without paper tokens potent enough to permit them to eat.

The objections to this solution are very mysterious. I have never yet seen a valid one, though I have seen some very complicated ‘explanations’ about increase in costs.

I would be willing to set it out as simple dogma that the shortening of the working day (day of paid labour) is the first clean cut to be made. I admit it is not the whole answer, but it would go a long way to keep credit distributed among a great part of the population (of any country whatsoever), and thereby to keep goods, necessities, luxuries, comforts, distributed and in circulation."
 

Clinamenic

Binary & Tweed
Probably the only economic problem needing emergency solution in our time is the problem of distribution. There are enough goods, there is superabundant capacity to produce goods in superabundance. Why should anyone starve?

That is the crude and rhetorical question. It is as much our question as Hamlet’s melancholy was the problem of the renaissance dyspeptic.

And the answer is that nobody should. The ‘science’ or study of economics is intended to make sure no one does.


There is Enough

How are you going to get it from where it is, or can be, to where it is not and is needed?

from the ABC of Economics

@Clinamenic don't say blockchain
The thing with blockchain and crypto is that they make a bunch of things technically possible that seemingly weren't possible, or at least weren't as possible, before.

Which isn't to say that blockchain will usher in economic utopia, just that it renders possible/feasible a few more steps. Now, you don't need a bank account or a brokerage to invest in cutting edge capital markets.
 

Clinamenic

Binary & Tweed
And the frontiers of automation (smart contracts) are now putting many financial professionals at risk, which I would assume this board would appreciate. You can have automated escrow accounts that seem relatively easy to program.
 

luka

Well-known member
Kenner explains the death cells

"Not all of the worst were exhibited in the ten cages. A troublesome man might be dragged to one of the concrete boxes, to breathe its heat and poke his hands occassionally out of the roof port. It was said that in two weeks he would be lifted out dead."
 
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luka

Well-known member
"WHD Rouse went to the right place for his Homer - namely, to the Aegean in a sail boat, where they are still telling the same yarns even if they tell them about Prophet Elias (Elijah)"
 

luka

Well-known member
there's a nice bit in The Pound Era about this but I can't find it. about the persistence of stories.
 
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luka

Well-known member
  • Wanjina - Australian rain god. He made things by naming them, but made too many, thereby creating clutter and his father sewed up his mouth to stop him. As a result, he symbolises one deprived of free speech for Pound. - Canto LXXIV where he is echoed by the Chinese phrase "Ouan Jin", a "man without education".

Ouan Jin spoke and thereby created the named

thereby making clutter

the bane of men moving

and so his mouth was removed

as you will find it removed in his pictures
1641060506365.png
 

luka

Well-known member
People also ask
What is the meaning of Verbum perfectum?
In Latin, this form of the verb is called verbum perfectum (literally the word fulfilled, wonderful, perfect). What a wonderful reality – God listening so deeply! God hears fully, wonderfully, perfectly. Nothing escapes His ears. Everything will be heard, acknowledged and accepted.
 

luka

Well-known member
"A half-mile square of barbed wire enclosed the place; birds settled on the strands, the prisoner was to observe, like notes of a silent music, North and east stretched mountains, one cone-shaped above delicate trees (he named it Taishan, for China's sacred peak), two to the left of it low and hemispherical (he named them the Breasts of Helen). Pisa lay to the south; peering through dangling laundry on clear days one could see the tower"
 

luka

Well-known member
 
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