Welcome to this critical
Analysis of Failure of 20th Century Economics
- Global in Scope and Universal in Application - Here you will find four simple 'Corrective Actions' required by all Nations during this 21st Century
Implementation, moreso, imposition, of all four cited 'corrective actions' is a requirement by all leaders of all Nations for the 21st Century
Copyright 1995-2005 by Bernard Palicki.
All Rights Reserved.
o Bibliography
o About the Author and this Analysis
o Most Related Significant Events of the 20th Century
ALL ABOUT MONEY
from an eternal
Search for Justice Under Law
This website is all about 'money':
- any nation's supply of money (all different units of currency)
- variable cost of borrowed money (debt)
- taxation (the burden cost of government)
- Inflation - root cause for existence and maintenance of poverty on national and global scales and exploitation of human life and human labor
Inflation of Money Defined
(From the Technical Appendix under Section III further below)
Definition of Inflation (any currency):
Increase of any Nation's National Money Supply(M), at some rate of growth that is faster than rate of growth of its national population headcount(P).
See Figure A5-2.1.b. This Figure is a chart to illustrate the meteoric rise of increase of the supply U.S. Dollars compared to the fairly linear rate of increase of the U.S. population headcount, beginning with U.S. Congressional approval of the un-constitutional Bretton Woods Agreement Act of 1945.
Here you see the singular cause of 'outsourcing' - a term used to describe transfer (moreso destruction) of all industrial manufacturing work(jobs) out of the United States, to countries with low exchange rates of their currencies against the U.S. dollar.
The greatest destructive consequences of deliberate inflation of the U.S. dollar since the end of WWII in August of 1945:
- The purchasing power of 'incomes' decreases faster than 'incomes' can be earned by working for a living. Result is maintenance and increase of poverty and crime.
- Replacement of all industrial manufacturing work/jobs /employment in the U.S. with 'service' work (freight haulers, packers and shippers, cashiers, and sellers of products. Most, if not all, products, are not made in the U.S.
Result/consequence of destruction of manufacturing of product in the United States of America (U.S. of A.) is reduction of availability of work in the U.S. of A. Currently, all work in the U.S. of A. is limited to 'serf' or 'servant' labor.
NOTE:
Any Nation that cannot make and provide product for itself (its citizens) is destined to elimination of itself as a Nation - beginning with reduction and transformation of all families and private business organizations into crowds of rabbals and thieves.
END NOTE
See 'Appendix 5.1 - Inflation, Interest Rates and the Stock Market
WE ARE LIVING IN A WORLD GONE MAD
Whatever your geographical location, your membership/ association/ employment under any private or state institutional organization from which you derive your income, if you want to understand, more fully, causes and corrections required for the social, economic and political disorder of the material world within which we live, you will 'Bookmark' this website for revisit.
This website exists in hope that the 'Spirit of July 4, 1776' may be revived in the hearts and minds of ALL citizens of ALL Nations.
The Last Word
Ultimate conclusion of this failure analysis
All scientific and technical achievement and progress depends on the existence and use of standard units of measure, from putting a man on the Moon, building your house, putting a robot on Mars, mapping Earth with an orbiting satellite, or, treating missiles as bullets, trying to develop a system to shoot down other bullets aimed at your destruction.
'Units of currency' (dollars and cents) are units of measure of the cost or worth of human labor. Accordingly, dollars and cents (all different units of currency) are units of measure of the cost or worth of human life, totally independent of language, religious persuasion, and national or ethnic
origins.
The dimension of money, as units of currency, must be fixed as a standard unit of measure, to build a house of social order (for the many) to match the brilliance of scientific and technical achievements (by the few).
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How much is a single life worth in terms of Gold? See Decline and Fall of the Gold Standard
SECTION I
The Spirit of 1776
Represented by a banner of 'Red', for Blood shed by the many for its protection, 'White', for Purity of its Purpose, and 'Blue', for background of a new constellation of stars in the heavens.
The Spirit of 1776 is the spirit of revolution and rebellion - origin of the United States (U.S.) as a free and sovereign Nation, founded as a 'Republic', not a 'Democracy', under the U.S. Constitution of government - for 'self-government' and 'self-determination' of all of its individual citizens, and its privately owned business structures, for the private business of building, buying and selling product, in pursuit of those most basic and fundamental needs of a 'material' but short- lived 'mortal existence'.
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SECTION II
Analysis of Failure of 20th Century Economics
'Economics' is defined from the Greek 'ecos', meaning 'house', and 'nemein', meaning 'to manage'. Thus, 'economics' is the study of various ways and means to best manage the national household.
Since the end of the cataclysm of World War II in 1945, that study has been expanded to encompass all nations on Earth as a 'global household'.
Here, we lay blame for triumph of 'International Socialism' at the feet of 'socialists' - wherein 'socialists' believe, strive and work to manage human behavior by assigning to 'government' all power and authority to own, control and distribute all earthly means of all the sources and means of production of material product and the gains derived from such production.
Collapse of the Soviet Union, marked by tearing down of the 'Berlin Wall' in 1989, was caused by the rot and decay from within, from the waste and inefficiencies of 'socialism' - not by attraction to 'free-market capitalism'.
The North American Free Trade Agreement (NAFTA) did not signal beginning of the sucking sound of U.S. money and manufacturing, as erroneously suggested by Ross Perot.
U.S. Congressional approval of the NAFTA, under the George Bush, Sr. Administration, signalled near-end of the 'sucking sound' of industrial manufacturing out of the U.S. The NAFTA formally established the North American Continent as a 'trading bloc', and the United States simply as 'a territorial province' within that 'block'.
Examples of some absurdities from 20th Century texts on 'economics'.
We are governed, ruled and controlled by un-elected, low-profile, almost invisible, Finance Ministers of the Central Banks of the World. (Knowing who they are or Electing them doesn't remove your 'total dependency' problem.) Your elected 'pimps' in the Senate and House approve, forcing individual and family dependence on them and 'U.S. Federal Government' payrolls and handouts for
your Income, feeding the causes of poverty and expansion of poverty - creating and perpetuating 'socialist-welfare-state' provinces on a global scale.
The "North American Free Trade Agreement" has replaced the "U.S. Constitution" of and for 'government' of the U.S.
Accordingly, every U.S. Citizen should read and become familiar with content of the
NAFTA, the "North American Free Trade Agreement", the 'international-socialist' constitution' for 'government' of the North American Continent - only one of the many new divisions of Earth into separate trading blocs or trading zones
- under direction of the finance ministers of the central banks of the world.
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SECTION III
Natural Law Thesis
(Natural Law From the Iron Hand of God)
(Focal point and driver of this website)
Copyright 1983-2001, and beyond, by Bernard Palicki. All rights reserved.
'money' or 'units of currency' is: units of measure of the cost and worth of the expenditure of individual human energy and human life.
Observations and descriptions:
A. Economy & Economics 'Economy' is the National Household and 'Economics' is the study and application of different ways and means used to manage the populations of National Households.
B. Natural Law Thesis Natural Law that governs circular flow of money through trade of goods, products and services is the same natural law that governs circular flow of electrons of the electronic circuit!!!
C. "Brother, can you spare a dime ?" From and since the Great Depression of the 1930s
D. Grand Deceptions of Democracy, Free Trade and Globilization of Trade (Division of Earth into separate trading blocs or trade zones)
E. Technical Appendices and Illustrations
Expansion of Tech Appendix (March 3, 2003)
'Corrective Actions' Required for the 21st Century, are predicated on all of the above and the empirical data provided under the Technical Appendices and Illustrations.
Deliberate 'inflation' of money (units of currency) is practiced at different rates of 'inflation', by the ruling establishments of all nations on Earth. No one, other than the global and domestic banking and finance institutions profits from the practice of deliberate 'inflation' of money (units of currency)
'Corrective Action' conclusions from this thesis provide for destruction of deliberate 'inflation' of money and a balanced distribution of the total 'tax' burden.
The Circular Flow of Money
Foundation of this analysis, and the proposed 'corrective action' conclusions from this analysis, is derived from the the following 'fact':
'Natural Law' governs 'circular flow and distribution of units of electron energy' in the electronic circuit.
The same 'Natural Law' that governs 'circular flow and distribution of units of electron energy' in the electronic circuit, governs circular flow and distribution of 'individual human energy' in the circuit for 'trade' of material goods, products and services.
The circular 'flow of units of currency' (money) is provided by and through the process of 'exchanging' or 'trading' goods, products and services, through all the wholesale and retail outlets that exist on Earth for such exchange.
If you understand how the 'trade' or 'exchange' of material product works, you might begin to understand the circular flow of units of electron energy of the electronic circuits, foundation for the 'new technology' of the 21st Century (the micro-miniaturization of electronic circuits).
Conversely, if you understand the 'circular flow of units of electron energy' of the electronic circuit, you might begin to understand the 'circular flow of units of currency' (money), through the 'trade' circuit - buying and selling through all wholesale and retail outlets that exist for buying and selling 'products'. (Such 'products' are all of those material essentials
to maintenance and improvement of 'material standard of living').
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