FROM FINANCE TO ECONOMICS
Why does NO-ONE, actually know, how the various financial systems work? Political leaders, the Fed. chief, the “economists”, and the commentators, are all talking about the big problems in the US and global monetary systems. No one is sure about the consequences of hedge funds, credit default swaps, derivatives, deregulated banks, packaged sub-prime mortgages as securities, declining home prices, etc., etc. No one knows for sure what it will take to restore a semblance of stability.
No one truly understands how monetary systems work because they are not founded on facts. They are founded on concepts like “confidence” and “value”. The problem is that confidence and values change frequently and unpredictably. Facts remain constant. All monetary systems are out of sync with the Natural Economic Order of the universe.
What, then are the facts? First, the Natural Economy provides life support for free. No one has to pay the universe to have plants produce nuts, berries, tomatos, coconuts and bananas.
No cow or chicken has ever demanded money to produce milk or eggs. Second, the Natural Economy is abundant. Sunlight beams aboard the planet 24/7/365. It is the direct energy source for all plant life. We grow enough food to feed every human being. We could power all human activities only with solar and its renewable derivatives: wind, hydro, wave, bio-fuels, and geo-thermal. Third, the Natural Economy values all life forms equally. It doesn’t give less sunlight to snakes and spotted owls than it does to dogs and human beings.
The specific facts, about growing corn for example, are learned by every farmer. They stay the same from year to year and from region to region. Shipbuilders who design boats in the Amazon find that the laws of buoyancy work the same when their craft is used in Europe. Scientists in Egypt discover the same principles at work when they produce brass as the scientists in China
The Natural Economy of the universe is based on “sharing with”, freely, abundantly and equally. Monetary systems are based on “withholding from”. I will let you have what I have, only if you give me something that I value. If you don’t have anything that I value, I’ll go find someone who does. If what I have happens to be something that would save your life, oh well.
So, the good news is that we already know all the facts necessary to produce an extraordinarily high standard of living for every human being, and honor all other life forms equally. The only thing to do now is to switch our attention from financial systems to the Natural Economic System. We can do it relatively gently, gracefully or harshly and with suffering. But do it we will.
William Daniels
503-314-6902
wdinpdx@yahoo.com
10/11/2008


Recent comments
10 hours 15 min ago
3 weeks 2 days ago
4 weeks 3 days ago
4 weeks 6 days ago
5 weeks 19 hours ago
5 weeks 1 day ago
5 weeks 6 days ago
6 weeks 1 day ago
6 weeks 3 days ago
7 weeks 5 days ago