I would argue that the supply side phenomenon of inflation is 99% political. It’s not a necessary feature of monetary architecture by all means; inflation is the result of policy error, ignorance of financial literacy and indoctrinations institutionalized by Central Bankers. The origin of inflation is derived from rent-seeking policies, …
I would argue that the supply side phenomenon of inflation is 99% political. It’s not a necessary feature of monetary architecture by all means; inflation is the result of policy error, ignorance of financial literacy and indoctrinations institutionalized by Central Bankers. The origin of inflation is derived from rent-seeking policies, when new money is created for refinancing existing assets, because no work was done to earn and receive the credit. Only the money that exists in circulation should be used for refinancing existing assets, this would essentially remove the assets from the inflation equation and reduce access to credit that sustains higher rents.
The monolithic dollar system is designed and geared via monetary policy, which varies domestically to maintain its hegemonic devices over global trade flows, and to extract exuberant rents and capital gains from the worker; 2-3% target inflation (headline, not actual) is essentially the rate of usury, or more bluntly, the architecture that enables the theft of production and savings, its policies are fraudulent from its outset.
Germany and China for example were permitted and facilitated by the Central Bank Hierarchy to create thousands of small banks that would concentrate allocations of capital, creating money to support productive manufacturing, coupled with supportive government policy. The shift of industrialization is the result of policy error and theft, manufacturing as a share of GDP was declining in all developed countries because the weight of inflation (usury) eventually tipped the scale, reducing productivity in the face of ill-gotten rents and gains, just more quickly in the United States.
Wearing the Marxist hat, this is because the capitalist mode of production in the developed world is no longer capable of contributing as much productive growth to the world economy. But Marx fails to recognize the deficiency of capital allocation that causes the decline of productivity. The key contributor to the flattening the decline of manufacturing as a % of GDP globally has been the introduction of China into the global marketplace. It is no surprise that living standards were rising most quickly in this area of the world (manufacturing is synonymous with economic sovereignty), for it is here where the bulk of productive growth is occurring.
In order for monetary architecture to facilitate usury, it needs to exploit fresh markets where it can rotate industrialization capitalization policy, but the world is getting smaller and geopolitical tensions are becoming more dangerous because the overproduction of usury cannot be sustained, and warring elites will jockey their positions to fight for the wealth and power and the system architecture that enables them to steal from their people and abroad.
Crisis comes before revolution and revolution according to Tolstoy is a moral one and I hope this time around we can expose the lies.
“There can be only one permanent revolution — a moral one; the regeneration of the inner man. How is this revolution to take place? Nobody knows how it will take place in humanity, but every man feels it clearly in himself. And yet in our world everybody thinks of changing humanity, and nobody thinks of changing himself.”
I would argue that the supply side phenomenon of inflation is 99% political. It’s not a necessary feature of monetary architecture by all means; inflation is the result of policy error, ignorance of financial literacy and indoctrinations institutionalized by Central Bankers. The origin of inflation is derived from rent-seeking policies, when new money is created for refinancing existing assets, because no work was done to earn and receive the credit. Only the money that exists in circulation should be used for refinancing existing assets, this would essentially remove the assets from the inflation equation and reduce access to credit that sustains higher rents.
The monolithic dollar system is designed and geared via monetary policy, which varies domestically to maintain its hegemonic devices over global trade flows, and to extract exuberant rents and capital gains from the worker; 2-3% target inflation (headline, not actual) is essentially the rate of usury, or more bluntly, the architecture that enables the theft of production and savings, its policies are fraudulent from its outset.
Germany and China for example were permitted and facilitated by the Central Bank Hierarchy to create thousands of small banks that would concentrate allocations of capital, creating money to support productive manufacturing, coupled with supportive government policy. The shift of industrialization is the result of policy error and theft, manufacturing as a share of GDP was declining in all developed countries because the weight of inflation (usury) eventually tipped the scale, reducing productivity in the face of ill-gotten rents and gains, just more quickly in the United States.
Wearing the Marxist hat, this is because the capitalist mode of production in the developed world is no longer capable of contributing as much productive growth to the world economy. But Marx fails to recognize the deficiency of capital allocation that causes the decline of productivity. The key contributor to the flattening the decline of manufacturing as a % of GDP globally has been the introduction of China into the global marketplace. It is no surprise that living standards were rising most quickly in this area of the world (manufacturing is synonymous with economic sovereignty), for it is here where the bulk of productive growth is occurring.
In order for monetary architecture to facilitate usury, it needs to exploit fresh markets where it can rotate industrialization capitalization policy, but the world is getting smaller and geopolitical tensions are becoming more dangerous because the overproduction of usury cannot be sustained, and warring elites will jockey their positions to fight for the wealth and power and the system architecture that enables them to steal from their people and abroad.
Crisis comes before revolution and revolution according to Tolstoy is a moral one and I hope this time around we can expose the lies.
“There can be only one permanent revolution — a moral one; the regeneration of the inner man. How is this revolution to take place? Nobody knows how it will take place in humanity, but every man feels it clearly in himself. And yet in our world everybody thinks of changing humanity, and nobody thinks of changing himself.”