| Inequality: The real story
- is only a point of view!
Is it that simple? When we apply the Socratic
Method, anything can be debated, and any discussion has it's value. So yes, it
is a help to have this as part of the debate, but being true to the Socratic
Method, should we stop there, or should we take the education to another level?
Should we remove all the pure capitalists, and pure socialists from the
coversation? And instead, canvas average folks for an answer. As those absent
an extreme economic belief, are in the end, those that might be who we can trust
to fix the problem.
Read "Candide" by Voltaire
Think about the last
line...
"Alas dear Pangloss, we must tend our own garden"
Voltaire,
addresses both the depths of poverty, and the heights of wealth, and any
realitivity between. We end up, were we all should end up.
Where we end
up, is with an Metaphor. Where personal responsiblity, and environmental
sensitivity, is the mantra of all people living on this earth.
It is too
easy to follow some philosphical economic detour (been there, done that). Yep,
The problem with the current economic thinkers, is that they focus too much on
the "simile" (which in truth, when you apply the Socratic Method, then via
physics, we see that we don't know enough about time, space, where we can
validate anything but the smallest of snapshots, and admit that change is
happening, and we need a system that can adjust, and be fair. So, we need to
look at all the history, and all the current data trends, stand back and
understand instead, the "Metaphor". And work with it. What do we need to know?
Words have meanings? What are the important words to know?
What
is an Economy?
Local Commodity based transactions derived from a per-capita
need. In a barter economy, it is the same transaction of a thousand years ago.
Today, with money in the transaction, we have overt taxes, and covert taxes
(inflation's affect on everything, including government costs, and what folks
need to live, eat, and house themselves and their families).
What is
inflation? A picture is worth a thousand words. Picture of woman pushing a
cart load of German money to a market to buy a loaf of bread (post WWI Germany
where they printed money into a superinflation problem).
The
current economies that are at risk now, are those that had massive "false"
growth (with equal inflation rates) under the false premis that real estate was
an important foundational part of an ecomony. It is not, it is a consequential
part, with the real foundations for the past few thousand years, being either
Agriculture, Manufacturing, or Mining. Not retail sales either. If you looked
at a "Western Ghost Town" then, when the silver mine dried up, retail, road
building, and home building did not keep the town alive. Tourism has brought
those towns alive, as attractions. But, the tourists come from areas that have
active and vibrant Agriculture, Manufacturing, or Mining Anchors to their Local
Economies.
Many parts of the US and Europe, have had manufacturing leave,
the stores are filled in both places with stuff from Asia.
The real
estate false economy grew over the past 20 years while manufacturing went out
the back door to Asia or elsewhere. Inflation was kept (in error) at a rate
that matched the false real estate economy growth. Now, real estate prices are
correcting, however it is very hard to take money put in to circulation and take
it away from people around the world (to reduce the money supply to match the
economic activity of today, so that we are not in the current hyper-inflation
that we see today). How to you corret hyper or super inflation - without
"bursting" the inflation bubble, but instead, somehow letting the air out
slowly?
Question -
If anyone has an answer how to reduce the money
supplies (reducing the inflation) to match up with what they should have been
matched to (as huge parts of the anchor economic forces aka industry left),
where the real economic line for local areas around US and Europe was, in
reality declining (jobs leaving). How do we take money back from citizens, from
Oil producing countries, from China, in a way to change the inflation factor we
see hurting us all today? It's all about people !
If you will have the
answer then to the problems facing the US and Europe today. We can fix the
problem, we just need everyone educated about it, then all of us working
together to execute a workable solution.
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