Re: Mind's Eye Re: Who can we tell?

Much sense there Molly - much as I wish Andrew's solution was real.  Australia has a Royal Commission into CSE - our supposedly most intense form of public inquiry.  Places like India, Pakistan, South Africa (one child raped every three minutes) and Zimbabwe top the list.  We estimate more than one in two hundred Britons are paedophiles and half a million babies born in the US this year will be subject to CSE before they are 18.  Germany had a wave of publicity some years back and had a 'round table plan' in 2011 thought to be little implemented.  $133 million was promised for victims' therapy, but Bavaria was the only one of 16 states that coughed up last time I looked.  Global incidence seems to be 8% for boys and 20% for girls.  So even when we speak up, little effective happens.

Paychecks are only part of the velocity of money - some of the spend leaves us with infrastructure and the social capital to do stuff - though we obviously need them in one form or another.  You'd think the paycheck thing would be really easy - yet here a lot of research and project money for universities comes in a form where you have to ask academics to work for nothing.  Strangely enough, they don't.  You wouldn't think anyone could be this stupid managerially, but they are.

The PM and MMT people are paranoid in reception of criticism by the way.  Molly's good sense fair criticism would get her on their hit list.  Think of a job guarantee come fair welfare for those disabled or too knackered.  Who would then want zero hours contracts and the sweat shop?  What would that mean for such as competitive advantage?  What would we do about countries keeping sweat shops and child abuse to keep the cost of their goods cheaper?

We need joined up knock on thinking of these matters and proper reception of criticism.  PM/MMT doesn't lead to mega-inflation - though here I would stress we don't really know what QE has done, let alone what a system of non-debt money might.  Our general ignorance on economics is almost total - but I'd include economics graduates in that sample.  We need a shift from common sense to good sense (a distinction drawn by Gramsci) - most of the technical language in the area is really just ideology, often delivered by laughable bimbos of all sexual identity in politics and newsrooms as though coverage is balanced and objective.

Who can we tell when even the Germans (now really the most modern economy and best educated populace) set up chattering shops where there is no attempt to provide the resources to do anything timely and over history nothing at all except to publish blandishments that we are 'doing the business'.  Here, Lancashire police (there are 43 forces in England) have the best reputation on CSE (I worked with them as a consultant) and yet were tonight disclosed to be up to the same cover up tricks (on Panorama) as everyone else.  Remember, that just as we fail to cough up $133 million for part of one country's problem, we have been loading trillions of "positive money" into the continuation of practices banks now get fined for and various wars.

On Monday, November 10, 2014 5:57:46 PM UTC, Molly wrote:

"The essential control of positive money is that one commits to do work for it."  Around here, we call that a paycheck.

On Monday, November 10, 2014 7:06:56 AM UTC-5, archytas wrote:

I'm more with Andrew on this one Allan.  We have a debate on positive money in the UK Parliament this month.  The actual aim of PM is to establish democratic control on money printing instead of ceding it to the banks and rich.  In the MMT version we could even do away with taxes and the use of monetary policy through unemployment and austerity.

We have long been able to make fuel from thin air - the snag is one has to put a lot more energy in than what comes out as petrol, ammonia and so on - in this economic system it is cheaper to mine coal, drill oil, frack gas because we don't account for pollution and planet burning.  We let people amass money and buy politicians with it.  All this is clearly immoral but we don't seem to care.

PM and new tech controls could be a way round the current impasse - and it could start with some practical projects designed to get the proportionality of the system right and find that transparency that prevents corruption.  Just as in child sexual exploitation, a big question is who can we tell?  The current system is a dreadful mess, but we like to pretend it isn't.  If we dislike the Bitcoin of Silk Road we should also see the banks are admitting to gross money-laundering.

The essential control of positive money is that one commits to do work for it.

On Monday, November 10, 2014 10:49:55 AM UTC, Allan Heretic wrote:

Bit coins are nothing but counterfeit money created with a mining program. Almost banksters looks mean bitcoinster. What you are talking about is legal counterfeiting with no controls..
I have an laptop. I will sell them to you for current Euro value I will even take Swiss francs anything but bucking..if they are so valuable it should be no problem for you..

Luv free money.




-----Original Message-----
From: andrew vecsey <andrewvecsey@gmail.com>
To: minds-eye@googlegroups.com
Sent: Mon, 10 Nov 2014 11:24 AM
Subject: Re: Mind's Eye Re: Who can we tell?

Niel, you would also have to convert dollars to Swiss Francs if you wanted to buy coffee in a Swiss coffee shop. Money, in order to be "honest", needs to be trusted, adopted, difficult to forge, scarce, and easy to carry around and divide into small amounts. Decentralized crypto currencies like Bitcoin seems to me to be the best and only candidate at the present time.     
Molly, I think it would be much safer to store your "money" in your secret place than in vault of greedy criminal banksters. 

On Monday, November 10, 2014 3:03:55 AM UTC+1, archytas wrote:

Bitcoin per se isn't more than a basic tutor on what money might be, reminding us we have little clue about banking dominance.......Meanwhile we have such important developments as 'Bitcoin cafes' - where you can pay a machine a fee to change dollars to Bitcoin to buy 'coffee'.

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