HOW TO INCENTIVISE THE MILITIA:
by Noah J Revoy
Give a 20% tax reduction to men who qualify for the militia.
Make martial training available in schools from 14 years old up.
Eliminate tax on militia equipment and training.
Source date (UTC): 2020-05-03 18:16:00 UTC
We benefit by having many invsetments availabe. gold is available. you can buy it anywhere.But the transaction cost is too high and it’s costly to insure. so it’s a bad money.
Source date (UTC): 2020-05-03 17:32:54 UTC
Original post: https://twitter.com/i/web/status/1257000190982094860
Reply addressees: @twaitiblog @pennington_max @MacleodFinance
Replying to: https://twitter.com/i/web/status/1256999944205950976
Again, it’s not liquid like money but like a commodity, it’s insufficient in supply to function as money, and has transaction costs too high for money. It’s not money.
Furthermore, why do money-holders have a right to appreciation of holdings?
Source date (UTC): 2020-05-03 17:22:55 UTC
Original post: https://twitter.com/i/web/status/1256997681710477313
Reply addressees: @twaitiblog @pennington_max @MacleodFinance
Replying to: https://twitter.com/i/web/status/1256754969488658432
—“GOLD IS MONEY!”–
No. You are confusing unperishability, collateral, commodity, and money. If gold was money it would not be priced in currency (which is liquid). It’s illiquid and volatile for the purpose of commerce and trade – particularly in imputation of prices and organizing production cycles – and that is why it’s not money: the transaction costs are ridiculous. And that’s why gold bugs want to sell it: to profit from the transaction costs of selling a commodity that is barely consumable but universally valuable by virtue of it’s demand, scarcity, unperishability, by false promise, fear, and doubt to suckers who feel out of control of their lives and the societies and their polities, and are desperate for psychological sedation by some sense of security – despite the fact that between purchase price and sale costs, they lose at least ten percent of its value, and the vaunted collapse never comes – because it can’t come under fiat currency targeted to maintaining price-inflation stability. Which is why we use fiat currency instead of gold: (a) we can maintain stability, (b) which increases the duration of the hierarchy and network of complex production cycles, (c) which decreases costs, and (d) continuously expands the sustainable networks of production and trade. (e) and gold isn’t insurable on deposit, and can’t be used as credit money in fractional reserve, so the price of credit would skyrocket.
Gold is free to circulate. People don’t do it because THERE ISN’T ENOUGH OF IT. It’s possible to use gold as a backing for a physical currency money, but not for credit money. Almost every cent in circulation is credit money not money.
So, the way we solve this problem is the way we do today: buy silver and gold as a hedge against volatility in the currency and use currency as a hedge against the volatility of the precious metals.
Source date (UTC): 2020-05-03 11:32:00 UTC
Stated differently, liquidity should be provided to the citizenry and fought over (collected) by business, industry, and finance, rather than as credit fought over by consumers.
Source date (UTC): 2020-05-02 17:54:57 UTC
Original post: https://twitter.com/i/web/status/1256643354873470978
Reply addressees: @raymondaitken @scientificecon @jcawley01 @billy_blog
Replying to: https://twitter.com/i/web/status/1256604249003302920
—“The dollar is the new form of money. There is relentless demand for dollars. Relentless! As populations age the time value of money declines. The preference for money LATER comes to exceed preference for money NOW (because older people need savings). That’s why you have 0% interest rates across the developed world.”—Michael Churchill
Source date (UTC): 2020-05-02 16:13:00 UTC
That’s false. Gold is a durable commodity. The transaction cost is too high to function as money. The fraud rate is too high to function as money. The scarcity is too high to function as money (there isn’t enough of it). It’s too open to manipulation to function as money.
Source date (UTC): 2020-05-02 14:41:17 UTC
Original post: https://twitter.com/i/web/status/1256594615970529288
Reply addressees: @MacleodFinance
Replying to: https://twitter.com/i/web/status/1256489744063696896
GOLD IS NO LONGER MONEY BECAUSE IT CAN’T BE
—“I want to stress the importance of understanding gold is money, not an investment. With banks on Comex getting into greater difficulty it is increasingly likely the US Treasury and Exchange Stabilisation Fund will attack the gold price in an attempt to save Comex and the banks.”—Alasdair Macleod @MacleodFinance
That’s false. Gold is a durable commodity. The transaction cost is too high to function as money. The fraud rate is too high to function as money. The scarcity is too high to function as money (there isn’t enough of it). It’s too open to manipulation to function as money.
Source date (UTC): 2020-05-02 10:43:00 UTC
TACTICS
Governments require economies. Economies require people, People require consumption. Consumption requires money. Commerce requires electronic transfer. Where they don’t have electronic transfer, it requires cash. Under duress demand for cash increases. Deprive the system of cash, and its value multiplies for those that have it. ISIS, with ex-Ba’ath party members, took out all the banks – fast.
Source: ISIS
Source date (UTC): 2020-05-01 21:49:00 UTC
“THE ECONOMICS OF NATIONAL COMMONS-ISM”
attn: @[1013719133:2048:Luke Weinhagen]
1) Commons are a non consumable capitalization from which everyone benefits – a park where you can raise small children cuts the cost of yard ownership for example. Lacking a park where you can raise small children increases the cost of homes and yards, driving people out of high investment parenting.
2) Commons solve the problem of high investment parenting, without requiring high familial economic investment by every family. Families buy access to commons by high investment parenting, which creates incentive for the production of commons and their high returns.
3) We use high investment parenting in the production of high investment commons. We use high investment commons to facilitate high investment parenting.
4) This is what the middle working, and lower working classes sense is being stolen from them – the ability to use commons to produce high investment parenting. Best example is that they can’t afford to move away from malcontents by denying them access.
5) Low investment parenting immigrants and classes, decrease the incentive to produce commons that are then consumed for purposes of other than raising families. Low investment parenting immigrants and classes increase consumption that is upwardly redistributable to the financial sector, and decrease production of commons as redistribution to
6) Elites (advertising, media, financial, academic, political), will happily consume profits and income instead of investing in commons if lower working, working, and middle classes tolerate it.
7) The laboring, lower working, working, middle, and increasingly upper middle class, will only tolerate it until the low hanging fruit of consumption has been exhausted, and the demand for commons is restored.
8) Christianity is exceptional at producing respect for commons because behavior in the church environment (suppression of impulse) and the sacredness of the properties, extend to the commons.
9) In the absence of universal christian indoctrination we must us the law to suppress consumption (destruction) of the incentive to produce high trust, ‘sacred’ commons, suitable for the raising of children. And exporting ‘exploratory’ (teen, young adult) behavior (pre-maturity) to labor (markets) sport(competition) and external (wild) commons.Updated Apr 27, 2020, 9:38 PM
Source date (UTC): 2020-04-27 21:38:00 UTC