Companies are the organic Unit of the metal-earth, NOT its machines, as the metal-earth is an evolution in scalar size according to the organic laws of the scalar Universe. As such the true change of paradigm in this planet happened when the first company-mothers of machines, akin to the ant-hill structure of a reproductive system of life, where the machine is merely a robotic, non-free element of the super organism, started to terra from the planet:
Free Market vs. biological science of the economic ecosystem we live in.
A Free market is one in which corporations, its free citizens have all rights and so do their owners, the ‘stockrats’, the new aristocrats of the modern age, which have as aristocrats in the past all the privileges of a non-democratic society (creation of the language of social power in monopoly, then weapons now money; and null legal responsibility – then aristocratic courts, today anonymous societies). They are the 1%, while the rest, the 99% has two tasks: to work=reproduce machines and vitalize=consume them. And this is what we are indoctrinated to do.
Of course, from a human perspective, the 1% of owners and managers of those corporations profit handsomely and so they will try to preserve at all costs the capitalist system. And they will require to ‘cheat’ the rest of humans that the capitalist, ‘democratic’ free market is the best of all systems.
To that aim financial economists at the service of companies and bankers have crafted a series of myths, ‘damned lies and statistics’ (Disraeli) to justify an ideology of power and a false postulate – that the wealth of a nation is the quantity of money and machines (the objects with higher monetary price) it has. This also fundamental myth of capitalism is false, as the graph proves. The maximal wealth of capitalism happens in ages of war, since weapons are the most valuable metal-memes in terms of informative metal-money. And indeed, before capitalism and the myth of the wealth of nations, was invented, physiocrats, the economist of the pre-industrial age considered rightly the goods of the welfare state, as the goods that created wealth.
And of course, people are easily imprinted with the word freedom, so they don’t even realize the freedoms of capitalism apply ONLY to legal corporations.
The difference between an objective science and a subjective cultural ideology is clear. A science does not promote anything, but merely describes reality. A cultural ideology of power such as capitalism favor certain species, social groups and nations over others. What are the species economics favors? Machines, weapons and money and the 1% elite of bankers, mechanist scientists, military and politicians who most profit of them.
So we must deal here not with the concept of science, but with the concept of biological information – studied in the left side of the web dedicated to the understanding of the ‘higher science’ of General Systems and Organisms:
In essence, in any superorganism, information is censored, limited and biased to help the ruling ‘cells of the organism’. So the body cells are blind and the neuronal cells control all the information of the body. This is what happens in a human social organism. The ‘informative castes’ that control the two languages of social power, money and the law, bankers and politicians, will not let the rest of the population to share with fairness that power. And so they will always choose ‘damned lies and statistics’ that favor their privileges to a real scientific management of history with the laws of social organisms, with a single aim – to get most of the pie, to make money, to increase profits, which is achieved by the ‘law of affinity between metal’ NOT by creating the goods we need to survive, but the machines and weapons of maximal price. This is the bottom line, which explains it all. Metal is biological, organic and evolves together. And yet, there is an entire scientific, economical schools who knows this for centuries – one must say since the first prophets of love said ‘those who kill with iron die by iron’, and ‘you cannot serve two gods, money and the word’. The values of life and metal are different, and so each cater to different species. Capitalism cater to metal and the 1% and so it restricts information of ‘life values’ and ‘goods’ that sustain life and have no price.
What are the species it prevent us from having? What we call here Human Goods, that create what we call ‘the WHealth of nations’, the goods that third world countries reproduce, the goods that people really need, the Goods of man.
In that regard, we can define capitalism and “free market democracies” as societies ruled by company-mothers, which have as only aim to give total Freedom to those companies, to reproduce and evolve machines. Against that Freedom, the freedom of human societies, are systematically repressed. This is however hidden with a series of theoretical myths, and ideological truths, that form the core of the Economical Theory. We have treated in other pages, some of those myths:
We will consider here three myths derived of the concept of freedom: the myths of consume, the myths of free markets, and the myth of free trade. They hide three ugly truths: the fact that consumers are slavish to machines, the fact that free markets are organic systems, perfectly ordered by company-mothers, and governed by stock-markets through digital orders, and the fact that free trade, hides the bio-economical conquest of nations with higher technological power, that colonize and destroy systematically the historic and economical systems of other nations.
The myth of the free choice: consumers which confuse the biological drives of free men (desire of human verbal information, human energy and human reproduction) with the biological drives, and organic elements of free machines. Those drives and organic elements are mathematical information, the language of machines, which men evolve through science, the drive to exist, which men give to machines through the consume=vitalization of those machines, and finally the drive to reproduce which men give to machines through work=reproduction of machines. When we confuse those drives with the free goals of mankind, under propaganda of work and consume, we become slaves of the biological goals of company-mothers…
Once men think that to be free, is to exercise the freedom and rights of machines, it is easy to convince them to become free, by making them slaves of machines. The more slavish their behavior become, the more free they think they are. They live through their machines, no longer through their bodies and minds. Then the transformation of man into animetal is completed. He no longer behaves as a human being, but as an attachment to the machines he thinks he controls. At a certain point in their brain-washing education, such men will have forgotten their own repressed rights. They will consider sex, not a natural pleasure but a sin; food not the prize of a top predator, but something to swallow fast in tasteless restaurants; words, not the language of human truths, but a lesser language to the numbers of machines. So they will despise all things humans, sex, food, words, and despise all humans who still feel as such (ecological cultures, women, children, the poor, the good people who think in ethic terms). The British animetal will despise the Irish and the Indian; the Jewish animetal will despise the Muslim; the American Animetal will despise the Black and the Latino; the Japanese Animetal will despise the Filipino; the Protestant Animetal will hate the Catholic; the Capitalist Animetal will hate the Communist; the scientific Animetalwill hate the priest; the trader Animetal will destroy Nature; the warrior Animetal will kill mankind…
Such transformation of the human mind into the Animetal mind is done through ideologies of machines, gold religions, educational systems, science, market policies, laws, war, repression,mass-media, monetary corruption, scientific theories, and any other mean that influences our ideas and behavior. It is a very old process, which finally culminates in a series of modern economic myths, that are embedded in the idea of a free market: a free ecosystem of machines (the free market) is supposed to provide freedom to human beings, instead of providing freedom to machines.
The Free Market Goals
In the graph, the fact about “free markets” is that there are no free markets, but economic systems organisms governed by privileged organizations called company-mothers, which systematically underproduce welfare goods of minimal price-profit under the equations of capitalism that promote: profit (financial companies) = maximal price-sales (weapons) – minimal cost (software, mass media) and to that aim buy laws to politicos, fire workers, substituted by machines under maximal re=productivity laws and so terraform the Earth into a planet of machines, since METAL-MONEY gives minimal value to life which becomes expendable.
The market is not an abstract concept, nor is it free. It is neither just nor humane in its goals. The market is an ecosystem of machines, products, money, consumers, and workers. It is an ecosystem in which humans evolve products by testing (consuming) them, and by working (producing) them, in “organisms” of evolution and reproduction of machines called “companies”. The market has an obvious biological simile: a company is a reproductive and evolutionary organism, a “mother” form of a product. So the market reproduces products and evolves them. Men act symbiotically toward companies, testing, creating and evolving products. This meant an enormous change in the life and goals of man, that no longer promoted their own goods, Human Goods,but machines and metal-species. Yet as the process accelerates, the mind of man is programmed, to prevent his understanding of his slavery to the market ecosystem of machines. This is done, creating “false information”, fiction (movies), ideologies of machines, and corrupted Darwinian ideologies that deny social evolution and promote competence between men. humans today live the dream of arrogance, “fun” and “entertainment”, promoted by metal-communicators, which has a purpose: to hypnotize them and make them stupid enough to carry their free market goals, to the benefit of machines.
The freedom of company mothers, to create an environment to the image and resemblance of machines is today the main engine of change in History. We call it “freed”=freedom of greed. Sincehumans contribute to it, promoting greed, the accumulation of money, mainly stock-money that represents companies and machines. Two mechanisms hide that freedom of companies to rule our world: the theatrical mask of democracies and the creation of a new system of linguistic power, digital orders, given by prices and money, which men do obey hypnotically. So company mothers, by controlling ht reproduction and invention of money in banks and stock-markets, dispose of a language of power to control all the acts of men, as workers and consumers.
A real democracy, a real free society, where men were free, not a “free market” (free ecosystem of company mothers) implies the control of the language of power -no longer the rhetorical word, but money- by the government chosen by the people, under an ideology that helps mankind (the Human Constitution). The Human Constitution chooses the products mankind needs according to his carbolife nature. Those that are lethal to man become extinct. Only an ethical guidance to economics, can avoid the metal-evolutionary consequences of the irresponsible search for profits that motivate present Company-mothers.
Societies guided by “freed”=freedom of greed, by the search of profits are a function of goods with maximum price, (for example weapons), with maximum evolution of costs, (for examplecomputers), and with maximum reproduction, (for example digital software). For those reasons such societies do not credit Human Goods, with slow replication and slow profits. Stockracies=democracies merely try to increase profits, replicating unneeded machines. They are antidemocratic, and lethal to the humankind.
The higher costs of Human Goods with slow, non evolutionary, non-adaptable systems of mass reproduction makes his production costly, from the point of view of pure profit=credit. In general we can consider that there are two cre[dit]ative deficits:
– Stock deficit, spent in the evolution and radiation of products, mainly elements of complex machines and machines of war.
Since stock deficit is more than 75% of the total deficit, it has more work-consumption power. Stock controls in fact both deficits through the mechanisms of lobbying. So because the criteria of cre[dit]ation in stockratic societies is profit, and the rights of companies and metal-goods cannot be controlled, there is chronic scarcity of human goods, and massive radiations of metal products. Meanwhile the GNP of nations keeps growing because metal goods count in statistics.
We have paradoxes of wealth such as the standard of life of Americans or Japanese (with total cre[dit]ation for metal-goods by the stock market) which is lower in human goods that the European standard. Yet American GNP is higher because it counts its metal-goods (75% of computer and metal mind software, and weapons are produced in America). People are told to be richer when they are poorer, in those goods they can really consume. In an Ethonomy, lethal goods like weapons do not add but rest to the GNP. In ethonomics, America shows a much lower rent, its real human rent, that explains the degraded life of so many Americans, which lack the minimal human goods that most Europeans have, such as Health care, street peace, urban transport and good food.
The Mystery Of Money Creation: use of confusing words, deficits and taxation.
economics hides with enormous jealousy, such injustice: the “monopoly in the creation of money” held by companies in the stock-market. Since the beginning of democracies, “stocrats” in Holland, England, and America fought and won wars to maintain their right to “invent money”, speculating with the value of company-mothers. They hold that right as a military privilege of conquest, against the rights of the population to control the language of social power.
This is hidden also with semantic rhetoric, with the concept of “deficit” a negative word that suggests a bad use for the money governments invent; and the concept of “the stock market rises”, which means exactly the same, but seems very positive.
economics says that the invention of money by government is a deficit that people have to pay. At the same time, the invention of money by stock-companies is not a deficit that people have to pay but “manna”, economical growth.
This lie is reinforced with The myth of taxation: today, as a result of company power, Parliaments have null power to invent money (deficit zero), unlike companies, which have unlimited credit in paper-money (in stocks and bonds). Instead Parliaments get their money from their citizens (taxes) who resent having to support society.
The myth of necessary taxes is also false. Money could be invented and distributed among the people to pay human goods. Today money is only invented in stocks and distributed to companies to promote their products. While governments extort taxes from human beings, to pay the basic needs of those humans. Yet the injustice is even more brutal: after stealing citizens money, governments normally use it in weapons and products of companies.
A nation without taxes is possible. The state could invent money for human goods, instead of asking the people for that money. Companies invent money for their products. Why governments do not invent money for their welfare products? The answer again is that governments do not respond to popular will but to companies will. economists tend to forget those facts. It is not positive for their religion.
The myth of necessary taxes of course, makes the citizen hate the government who collects taxes to finance basic human goods, such as health-care and education. So it comes the myth of the inefficiency of human goods, and welfare states. Since companies seems to create “out of nothing” their goods. Should then become surprised that our world is becoming a world designed by company-mothers and “animetal ideologies” to cater the needs of their machines? Should we become surprised that our free time to cater our lives and needs dwindles, and the time we consume=vitalize, and work=reproduce machines increases?
Shall we wonder that all this becomes hidden by the massive reproduction of misleading information that tell us that to become servants of machines, not of humanity, to consume and work is the best we can do?
We hardly realize we are actually “devolving” our world, our historic ecosystem, because of so much information given to us, with languages of machines, digital images and numbers that we do not understand and misguide our actions.
If we were properly informed with words, our brains could understand better the problem, but part of the way, we are programmed to help the evolution and reproduction of machines, instead of our reproduction and evolution is the way in which we are denied true, verbal meaningful information. Instead we are fed with “fiction” that might be fun, but basically wastes our minds. Documentaries are basically forbidden. Company-mothers of mass-media hate them. It is not truth that people do not want to see “truth”, non-fiction, become rightly informed, read good books. They merely are never given the chance.
The abstract explanation of our world with ciphers further erases ethic al responsibilities. Only verbal thought can explain what free markets causes to humans: wars, extinction of labor,extinction of life. In mathematical terms we only see profits.
Free money for machines, free credit in Stocks have amplified the selfish use of money in the pursuit of profitable war, that allows higher sales and profits to companies of metal goods. Companies of human goods dwindle, and human goods become scarce and expensive. This is covered with the myth of inflation.
Inflation has monetary causes
One of the by-products of such multiplication of stock-money, is inflation in human goods. Today inflation exists as a product of the freed invention of e-money in stock systems that diminishes the value of money, and increases the price of those good which receive minimal investment to increase their production, human goods.
In the XVI century prices grew from the arrival of new money, gold and silver from America. economists accepted this inevitability for centuries in economic theory. Yet today they blame the oil shock (poor nations), and the supposed inefficiency of governments and human goods companies.
The fact is that human goods grow in price because they have no stock credit to promote their reproduction. While machines lower price because they have free credit for their research. Inflation is a process caused by lack of credit in human goods, that limits the goods people need, increases their poverty, and pushes the spiral of money reproduction and wealth of a few stocrats.
Since 1973, the radiation of e-money has increased ten-fold the quantity of stock money. This inflation has caused higher prices in human goods, lower prices of technology products which receive the investment of that money to improve their evolution, and has biased the economy against humanity. The reason such aberration continues is pure greed. Cannons make more money than butter; computers make more money than human education…
The anonymity and lack of individual responsibility of companies and stocks, protected by the law of anonymous societies has accelerated this process.
Technology, weapons and other species harmful to humankind become then the star products to reach higher wealth. Since resources are limited, the result of such bias against investment in human goods, is that we do not have enough butter, but have stockpiles of canons and other weapons of mass destruction.
The Malthus Paradox: The Myth Of Human Goods Scarcity
If you read economics magazines they won’t discuss this. They are written by men who value money at all costs. They cannot afford to show the dark side of economic “progress”. No one will speak honestly about the reality of the economic system. If they did, you might ask for solutions or hold companies and politicians responsible for their behavior. If people truly determined the political decisions of their country, there would be more butter and less cannons. Instead, companies decide the politics of the nations. They pay economists to support the myths of the free market.
Among them there is the myth of “scarcity” and inefficiency in the production of human goods. Inflation, as we saw is part of that myth. The lack of credit for such goods, its real cause.
The first version of it was called the “Malthus Paradox”. Lack of human goods credit provokes famine and overproduction of machines. Malthus however accused the poor of causing their poverty, instead of accusing the massive cre[dit]ation of railroads, which occurred simultaneously with the Irish famine he described.
A human drive of existence -reproduction- was accused of that famine, instead of a machine drive of existence, reproduction of railroads. The system promotes ever since that myth.
The solution to scarcity of human goods is obvious: instead of overproducing machines, we should produce more human goods. Companies that make machines should be limited in production and stock-credit. The time for this is long overdue.
Stock credit biases the production of goods in the world against humanity, which needs human goods with slow processes of reproduction, that require human labor, natural processes that have to be cherished and encouraged. Instead we reproduce machines with machines, and invest money, not creating human jobs, and human goods, but jobs for machine tools, and metal-goods.
The myth of job creation
So another myth intertwined with those myths, is crested to disguise the fact that machine reproduction does not require human jobs: the myth of job creation in metal-industries. Since human goods need human jobs, the reproduction of human goods create with minimal investment many more jobs, that investments in technology and weapons. Yet amazingly enough we always hear that a new investment, such as the one IBM did recently of 6 billion dollars to make chips, will create 1000 jobs! With that money invested in a third world country to produce human goods, you could create a hundred thousand jobs… and a massive quantity of human goods, instead of chips for robotics.
This is the key reason of massive unemployment. Money is invested in sectors that do not create human jobs, because they do not create human goods.
Tourism, health care, education, agriculture, the arts, create at minimal cost jobs. They should be promoted, and could be promoted if the state had money.
All those myths together make the citizen to love the stock-company whose invention of money for free appears to be magical, and beneficial to job-creation and the common wealth.
The citizen is told that money is “not invented” by stocks, but earned by those companies… So it is not deficit. In fact money is invented, either for human goods (welfare state) or for technology (stock speculation). We call a “deficit” the money invented for human goods, only for rhetorical purposes. We hide the “deficit” of money invented for companies in stock-markets, because companies hold too much power to be criticized. The consequences are grave: a paradise of human goods could have been cre[dit]ated merely by inventing money in stock-markets or governments for human goods. Instead, because companies of metal-goods and weapons hold more power than companies of human goods, money is disproportionately invested in technology. The consequence is that the human goods of welfare governments have no credit, and the goods of stock have too much credit. So human goods which are not metallic (housing, education, arts, food, textiles) are not reproduced by stocks and company mothers. They are constantly in short supply, and the services that the government provides in human goods dwindles. The reason for technological investment is profit. Machines give higher sales and profits than human goods, regardless of their lethal effect on humanity.
To avoid the stock racket against human goods to be public, stock Traders and economists, have created complex systems of theoretical work, and complex financial instruments, that hide the process. E-money reproduction against human goods, become so complex when explained in economic terms that nobody understands. Yet the consequences are felt by the people.
The process was understood for a while in Continental Europe where people recently asked: who elected Mr. Soros -destroyer of the EMU- in the first place? Yet Europeans are not the center of the future evolution of metal. It is America, where metal evolved first. There freed is absolute. What amazes the visitor to America is the fact that under TV-press marketing, Americans cheer up when the Dow Industrial Average goes up, and are against the Federal deficit. They fail to realize that the money is not stolen by the elected government, but by those stocrats who treat Americans under man=price[credit]=product with the same cynicism they have always treated them.
The myth of relevant information
Any real information about the workings of stocks is not taught in schools. economics are not taught to citizens, so company-mothers and their political lobbies hide the ways in which money control us. Citizens should be aware of the fact that the fundamental subject of modern life – the way money controls societies – cannot be studied until you get into University. Even there, they will teach you only “economically correct”=machine ideologies. That is the real censorship of modern societies: ignorance of monetary orders. When warriors controlled society their evil nature was obvious. Today because monetary orders are not understood by citizens, our control by company-mothers is barely understood.
Instead, the mass-media focus on irrelevant subjects that distract people. Sports, sexual scandals, murder, films. As a result, we live in a “dream world”, believe in a “virtual reality”. In a recent black comedy of American life, “The Truman Show”, too many humans live and die in a “selected environment” where specific information is fed to them. They go through life without ever realizing what creates, drives and controls their existence.
The activist’s myth
When there are real good people that need to fight against injustice, secondary tasks such as “save the whales”, are promoted to distract them, from more important tasks.
We might limit the rights of obsolete companies such as tobacco companies, top predators of the XVIII century; or the rights of reproduction of mines, top predator weapons of the I World War. Yet the rights of computers and robots, top predators of the XXI century, are not even questioned. Company-mothers would not allow people this. To prevent it, they have enough money as top predator reproducers of the bio-economy to deliver all kind of monetary orders against any criticism to their offspring machines. They can give orders to lobbies in favor of computer-laws (internet subventions, TV chip laws, etc.). They can give orders to military systems (bribes) that will acquire their machines (XXI century “war” budgets). They can give orders to politicians to deliver dramatic wars in which to test their machines (Iraq wars). They can give orders to labor that will work in their companies (salaries). Since they have unlimited credit for their products (stock speculation in technology), they can also give orders to consumers (minimal price of computers) to consume and test=evolve their machines. Today those orders are mainly given by company-mothers of metal minds (computers, telecommunication). So we love and consume machines, and hate placebo, obsolete companies of lesser evil such as tobacco companies…
The fundamental enemy is the robotic company, the weapon company, the computer company. Those however are the untouchables, which give higher profits.
Those facts within Evolutionary theory imply a frightening future: the most evolved machines are weapons. Their companies control our world. Their owners are brain-washed animetals. We cannot criticize them or their machines. Nobody stops their evolution.
So the first conscious machines will be weapons whose aim in life will be to extinct man. The entire economic process seems to be guided towards the creation of such machines, “sentient machines”, robots that integrate metal-bodies and metal-minds, main product of the incoming XXI Century industrial evolution. economics is plainly the science that promotes the extinction of man, and the ideology that prevents mankind to realize of those facts.
So the true question of present stocracies is clear. Why does the market have the right to cre[dit]ate the future of humankind, and not the governments elected by the people? Why does Man and our systems of information (words) and energy (Nature) lack any right of cre[dit]ation of our own future? The answer is: not because this is necessary, but because there are certain humans,animetals, who are brain-washed by myths against their own survival as a species, have used weapons and money to conquer the entire world, and make such world n ecosystem to the image and resemblance of their machines.
Suicide is not a natural act in the Universe. It is an error that is not necessary. Let us consider the final myth of free markets, in economics, the myth of free trade, which hides how animetals conquered the world with money and machines.
The Myth Of Free Trade: Bio-Economical war and Conquest
Weapons re=produced by company-mothers take a nation to the summit of world power. The industrial evolution of weapons expands the economic ecosystem, the free market, either by imitation or “bio-economic conquest”. Essentially, what company-mothers have done is to invade, conquer and destroy all other ecosystems of the world, infecting them with their own networks of energy and information, whose goal and aim is to gather products and animetals in factories, to reproduce their machines.
So whenever company mothers conquer a nation, they establish political systems controlled by financial lobbies, “stocracies=democracies”, that copy the efficient model of “ownership” and exploitation of humans by company-mothers developed by Holland, America and England. All this is hidden by the myth of free trade that hides the behavior of herds of companies that use all kind of mechanisms to take over other economies, with the concept of free trade.
According to such myths, top predator bio-economic nations controlled by company-mothers are considered by economics, modern, just and peaceful nations, which do not conquer other countries. They “civilize” them, since metal-wealth=progress.
Conquest through financial networks and free trade, is however the modern system of provoking war and winning over ecological nations and ecosystems. To understand the meaning of “bio-economic conquest” we have to question economic rhetoric on the eternal goodness of trade and products.
The key to economic rhetoric is the concept of ceteris paribus analysis: to consider a single cause to any consequence. So economists choose a good cause, and hide all other real reasons and negative side effects of economical policies and pro-company laws.
Biased information is at the heart of the constant deformation of truth which invades our societies. It started with the press. Only the criminal acts of the enemy are shown. Only the good effects of trade are shown. Only the very few cases in which the other nation improves the life of its citizens are shown. Only the upper Animetal 1% of population, who profits from using machines have rights to talk. Only the predators speak. So when a nation conquers bio-economically other nation and uses as internal allies its elites, those elites speak of progress.
In India, the elite of the Congress party talked of progress. The peasants were out of work, the mills died away, the Bengali made tea and could not eat rice, and 20 million died. Yet the Press showed the tours of the marahas… We cannot comment on all the ceteris paribus analysis of animetal ideologies. In economics they are the rule. Mr. Smith, Ricardo, Malthus and all other “founding fathers” of the ideology that brings us towards extinction use them constantly. The fact is that to understand the biological reproduction of products and modern war, we have to describe those processes in biological terms. Otherwise we will be manipulated by what logicians call ceteris paribus analysis. Analysis that choose the causes of reality, focusing in single causes that favor in economics the point of view of machines. In this manner by hiding 3/4 of the truth, consume of machines, invasion of nations, extinction of nature, becomes good.
In fact, modern free trade has always been defended under a ceteris paribus argument invented by Ricardo, so famous we cannot resist to uncover its real truth.
Ricardo says that trade is good. The argument goes as follows: “if, let’s say, England produces nails and Portugal produces wine, both will have overproduction. If then England sells nails cheaper to Portugal and Portugal sells cheaper wine to England, both will profit with free trade. Thus free trade is good”. It seems perfect. You have nails, I have wine. I give you wine, you give me nails. Let’s trade. Yet this is a single cause, rhetorical argument that studies only two products between nations with comparative advantage in each product. In that case obviously trade profits both nations which receive the cheaper deal for each product. Yet that is not reality, but an ideal, ceteris paribus, single-product-cause situation.
The reality it hides is the fact that between two modern nations with a mass of products -most of them machines of metal- unless we distort reality with ceteris paribus analysis as Ricardo does; country A in a higher technological age, will have 75-90% of products with comparative advantage, over the equivalent products of country B (either technologically superior, or made with lower costs by technological machines). Country B will only have a few agricultural products to sell at comparative advantage, such as the Portuguese wine. So it will have to pay with Gold, and its financial resources all other products. Hence, free trade will ruin country B in most industries, and absorb all its gold, breaking its financial system. Soon it will be unable to pay to country A. Its people will have no jobs. In a last attempt to survive, it will sell its land to the people of country A.
Those people will reconvert the now ruined nation to an agricultural system to cater country A’s needs. Yet that will not be enough. Sooner or latter it will default payments. Then country A will give country B loans in “null-cost top predator money-paper”, with so high interest that the rest of the country will be sold to country A to pay the interests on that worthless paper. Country A will then own country B. If needed it will send its army to take over, “to make justice and get paid”. If not, it will merely maintain a corrupted caste in power, and the economical wealth and main industries and land of the once happy ecological nation, in the hands of the invaders. What will happened to the people of the conquered nation, spoiled of their land, exploited in the new plantations and mines to extract gold and industrial crops, killed by the weapons which is the main product sold in free trade, suffering hunger without their traditional industrial jobs in clothing industries?
They probably rebelled in a few wars for survival, and the A-nation army or the 1% caste of animetals that the invading economical nation controls, within the B-nation will kill them, crush the rebellion, and keep their exploitation. Often they become then a commodity in itself, as slaves. They are the real wealth, human wealth of nations who suffer with free trade, who become property or die away.
Let’s in fact look at the historical case that Ricardo used. Did Portugal become ruined by its trade with England or did it improve its economy, selling wine for nails? In this famous argument we can look at what really happened since both nations made an [in]famous agreement of free trade. Portugal sold only wine to England, the famous Porto. It had only that single agricultural product with comparative advantage with England, while England sold every industrial product to Portugal. The Portuguese wool and iron industries collapsed. Portugal became the most underdeveloped country of Europe, despite having the richest empire. To pay for the goods of England, all the gold and diamonds of Brazil had to be sold; they ended up in London. London took over Brazil. It even put higher taxes to Portuguese goods in Brazil than to English Goods. When Portuguese complained it promoted the independence of Brazil, backing the Prince of Portugal that wanted to become emperor of Brazil. Then it colonized Brazil the same way. When Portugal was in ruins and Brazil had no more gold, trade plummeted. Brazil was then reconverted to cater with his agricultural products (coffee, rubber) the British industry. It was obliged to take loans on Pounds at astronomical rates (most commonly over 20% of annual interest). Soon the British owned Brazilian best lands. Brazilian animetals educated their sons in London. Brazilians died of hunger. When America took over the same process continued with all South-America.
This is the meaning of bio-economic conquest: a nation absorbs all the Mv-financial wealth of other nation, until the less technological nation is exhausted, its monetary blood gone, and the country in ruins. Then the conqueror abandons the country and looks for the next prey. Or merely takes over at minimal cost, over a ruined nation, a corrupted elite, and an exhausted population.
Ricardo’s Paradox was born as a fundamental tool of rhetoric to explain the expansion of the British empire, that had just annihilated the entire India in its original culture.
The spoil was so brutal, the indifference of English to that destruction so appalling, the deaths they caused by hunger so many (the Bengal holocaust of peasants that had to make tea instead of rice was only the first of many), the plummeting of life standards of peasants and artisans so overwhelming, that British ideologists needed a good excuse, when some of that information leaked.
What truly amazes today is that every single text of economics still carries as one of its proved “truths”, Ricardo’s ceteris paribus argument; when it is a self-evident lie. It shows how well controlled is the system of ideas of mankind.
India lost also all its industries, its economic wealth, and had to sell its citizens as ‘wage-slaves’ for plantations in other English “free trade nations” (colonies with free trade between them and England). So happened to Africa, even before, in the XVII and XVIII Centuries, once the gold of its mines was exhausted. Africans became now the “free trade commodity”.
The same system was applied to China which lost all its silver, paying loans to make railroads, with British steel. Today it is applied to Africa and East Europe and South-America, whose people are in total ruin, so they can pay the internet machines of their elites.
However, this is less evident today, since national governments are no longer needed. Company-mothers long ago jumped over national government and act as a pack of wolfs, by themselves. They create associated companies within the other nation, which do the job, governments and armies did in the less sophisticated systems of the past. Those companies camouflage as local companies, with secretive laws that make share-holders anonymous.
Today once the monetary system of the nation is ruined, the invading nation keeps trading its control, by buying out internal industries, that belong to those multinationals. Most world nations belong today to European and American multi-national company-mothers. Yet Ricardo’s argument on the justice of free trade is still in all Economics books. That is the true nature of economic ideologies and modern censorship. Ideologies of money and machines pass for real sciences, as human religions were considered in the past the absolute truth. At least religion in the past was subjective truths that favor our survival. Capitalist is made of metal subjective truths that favor the survival of machines and money. It is a go[l]d religion, a religion of machines, not a human religion.
We could go on and on, and we have hundreds of never published pages of detailed studies of all the damned lies and statistics that today pass as scholar truths in Universities of economics, but that will not convert economists and this web is not really for them. I believe the previous examples shows how right was Mr. Owen, one of the first and few economic scientists when he said that ‘ saloon economists here in London (the like of Ricardo, Malthus and Say), are busy trying to find the most complicated arguments to defend the rights of the owners of corporations and limit those of their workers.’
The brilliance of capitalist economists have always been indeed to pass what is an ideology of power and slavery by a science of ‘freedom’.
LET US THEN once we have void of any human anthropomorphic content the true nature of company-mothers explain its cycles of evolution and reproduction of machines, which are…
THE STOCK-CYCLE OF REPRODUCTION OF MACHINES.
The 72 year long and 9 short cycles:
All sciences predict the future of its species according to its repetitive causal cycles. Or else they are NOT a science. Astrology became a science when Kepler learned its orbital cycles. Bio-economics became a science when we described machines as organisms of metal evolution in human 72 years generational cycles, after which they mutate into top predator weapon-machines and consume humans in war eco(omic)systems. Its industrial r= evolution thus follow the 4 cycles that ensemble all living beings: its body-age (steam cycle), heart age (electro-chemical engine cycle), its mind age (US, tv-eye, chip-head, mobile-ear cycle) to conclude with the ensemble of robots that as virus do, when all its parts are done, come together ‘alive’ and kill the enzyman who constructed them. We are fully since 2008 into the robotic age…The long cycle.
In the graph, the aggregation of all business cycles enlarged to the entire economic ecosystem and its main ‘phyla’ of machines creates the 3 Kondratieff stock-cycles of the Industrial R=evolution: The cycle of trains (XIX C.) that ended in the 1857 rail crash; the cycle of cars and radios (XX C.) that ended in the 29 crash; and the cycle of electronic machines (XXI C.), shown in the graph, that ended in the 2000 NASDAQ crash.
In the left side, we enlarge the 2nd, 29 crash and the 3rd crash in which we live. Both are mimetic and similar to any other Crash of over-population of a biological species (top center curve). Since those crashes happen when the consumption age of max. reproduction and profits ends by saturation of the market. Then companies mutate the machine that enters its 3rd age as a weapon that consumes humans in wars, perfectly sold to the public by political lobbyism, informative machines of mass-media propaganda and a suitable, well-located enemy.
Thus the business cycle is a generational, biological cycle with 3 ages, similar to all other evolutionary cycles. Those ‘micro-cycles’ of every company that discovers, evolves and reproduces a product as a consumption machine or a weapon, are the business cycles of microeconomics that aggregate in longer macro-cycles. Indeed, stocks are ‘social organisms of companies’ that aggregate the production of all companies in space and all the generations in time of a certain ‘machine’. Thus the sum of all the individual business cycles of company-mothers become the stock-market cycle that studies the population and evolution (sales and profits) of a machine’ species from birth to extinction, reproduced by an entire ‘sector’ of companies. Further on, we can aggregate all those stock cycles of all industries, creating an overall cycle for the entire planetary economic ecosystem. In abstract economics those cycles are called the Kondratieff cycles of economic activity, which study the overall evolution of all companies and machines. Thus the business cycle is the quantic version of the stock market cycle, which aggregates in time and space all the business cycles; while the stock market cycle is the quantic version of the Kondratieff cycle, which aggregates all the companies in space and all the generational cycles in time of a given product. The results are the 3 great Stock Cycles of history or ‘Kondratieff’ cycles of industrial and financial activity :
– XIX C: Max. E: The age of steam and physical energy developed the market through an age of low profits (invention age, 1820-30s), massive growth and speculation in the market (reproductive age, 1840-50s) and a final economic crisis of saturation of markets (the railroad crash of 1857), followed by an age of wars in which trains and steamers conquered colonial empires.
– XX C.: E=i: The age of oil-based, electro-chemical engines developed the stock-market through an age of low profits (invention age, 1870-80s), massive growth (reproductive age, 1890s-1920s) and saturation crash (1929 crash of radios and car industries), followed by II W.W.: in which cars became tanks and planes bombers.
– XXI C.: Max. i: Finally the age of electronic and solar energies developed electronic machines in a 1st age of minimal growth (1960s-70s), an age of massive reproduction of TVs and Pcs (1980s-90s) that lasted till the end of the century when the NASDAQ stock crash of 2001 made companies invest in smart weapons and security industries. In the graph we study in more detail the 3rd electronic cycle in its main Stock Market, the New York market divided into an electronic stock, NASDAQ, and the traditional NYSE. If we compare its curve between the II and III Kondratieff crashes (left side) with a standard biological curve of populations, both are parallel. Since the curve of reproduction sales and profits of electronic machines shows the same phases of birth (discovery), re=production, saturation (crash) and diversification (into weapons) of any top predator species. In the case of machines the ‘habitat’ of the species is the economic ecosystem in which the machine substitutes a human organ as a consumption machine or a tool. Then, when the economic ecosystem is saturated, the machine mutates into a weapon and wars happen.
So we distinguish for each key machine of the electronic cycle, the mainframe, the mobile machine and in the future, the robot, a sub-curve of populations of around 36 years that ended into a mini-crack and war. The main-frame, TV age ended in the 60s crash, the Vietnam War and the 60s revolution. The age of mobile chips, PCs and cameras ended with the 91 and 2000 crash, the Berlin R=evolution and the Iraqi wars.
When then will be the next crash of the stock-market? As we have been predicting them with absolute accuracy for 30 years, there is no problem telling you – as you won’t of course believe it or understand a dot of it, because it would imply you understand this blog, accept the truth – that machines are biological beings and follow the same biological cycles of all beings, and that its organisms, will switch soon after the next crash into an splendid global war.
This said the next stock-crash will be according to the biological generational cycles of ±72 years divided into 8 ‘decades’ of ±9 years, mimicking the generational cycles of human beings and its 8 phases, in 2017-18…
The boom & bust cycle of the industrial R=evolution shows the synergies of the Financial-Media/Military-Industrial System made of energy machines – weapons, tools & transports – and informative ones –media & digital, fiat money, the ‘informative head’ that controls and causes all other overproduction cycles. Thus overproduction crashes of stocks (graph) start the cycle & weapons’ overproduction to fight ‘splendid wars’ for profit closes it. Neither human actions nor causality changes, only the growing complexity of the FMMI system that maximizes its evolution and reproduction in the war phase of the cycle. But for mankind the cycles are a tragedy. Since in all the cycles machines take people’s jobs; too much money causes inflation, it is changed by real wealth and when its bubble of value explodes and it ruins the Middle class left with worthless numbers. Then Hate Media & Weapons kill them in wars.
In this post we treat, according to the biological laws of complexity, the short, medium and long cycles of evolution of machines that shape the economy. It is an example on how complexity can explain not only the how but also the why of the economic ecosystem, its cycles and the behavior of its agents.
Companies have no other existential objective beyond evolving and reproducing their products, whatever its collateral consequences might be. Owners of companies only think about the profits they obtain manufacturing machines and weapons. Yet those profits have a direct biological reading, since they increase when companies reproduce more machines. So the single goal of Company-mothers and their owners is to reproduce machines and take care of their ‘habitat’, the economic ecosystem, designing energy and information networks for them, (roads, pipes, electricity, digital and audiovisual information). Indeed, for Classic Economists that rule those companies and view technology and money as synonymous of human progress, all other considerations are secondary to that ‘business’ cycle of biological reproduction of the product. In that regard Microeconomics is the science that studies the internal structure of company-mothers as reproductive organisms composed of 2 species, human workers and machines, which reproduce through the business cycle of reproduction, sales and profits that activate the owners moved by greed. Yet profits are only ‘the human abstract perspective’, the how not the why of those biological cycles that we can study according to the Ternary Principle:
– From the temporal perspective of its financial language, money, which directs the process .
– From the spatial perspective of the physical machines reproduced in the business cycle . - From the organic perspective of its reproductive company-mothers, the key element of the economic ecosystem that embodies the biological, reproductive will of those machines.
The cycles of Machines and company-mothers.
The evolution and extinction of biological species follows the same cycles than the evolution of machines and extinction of human non-technological cultures, in 3 waves of 72 years, SUBDIVIDED in 9 years, mimicking the 8 subpages of a lifecycle.
Company-mothers are biologic organisms whose aim is to evolve, reproduce and sell its offspring of machines, using men as consumers and workers of those machines. Companies govern the world with money, invented for free in stocks and used to pay politicians that issue laws in favour of technology, to pay workers that reproduce machines and to design economic networks that substitute human networks of energy and information, creating a world modelled to the image and resemblance of machines
On that view the b.c. is not anthropomorphic but mchine-related.
The business cycle is the generational cycle of machines, which shows 3 clear ages:
– Youth: the company-mother invests in I+D, evolving a new generation of machines. Profits are minimal (lower phase of the business cycle). – Maturity: the machine is a new product that re=produces massively, increasing sales & profits. The business cycle is at its peak. – Old age: the machine becomes obsolete as a new, more evolved generation substitutes it. In the graph we see those 3 ages that become the 3 phases of a ‘business profit cycle’.
In the right graph, the 3 waves of machines’ population follow curves similar to any biological curve with a 1st age of discovery and evolution, which latter explodes in a radiation of reproductive profits in all industries and ends with the saturation of the ecosystem, signaled by the cracks of the stock-market. Then machines mutate into weapons and consume human beings, instead of being consumed by us. Yet as a new generation of machines and energy appear, the previous generation stops its growth. In this manner machines have evolved in 3 cycles changing the Earth ecosystem into the Metal-Earth. The result is the beginning of the 9th extinction of all forms of life , which today disappear at a rate 1000 times faster than in the age prior to the arrival of machines.
All those evolutionary cycles of Machines originate a series of economic cycles, analysed mathematically by abstract economists, which can be chained together, as it happens with the biological cycles of any organic system, creating 2 fundamental, cyclical economic chains: -
The microeconomic cycle that relates the evolutionary, energetic and re=productive cycles of those machines and their companies .
– And the macroeconomic cycle or Kondratieff cycle of economic activity that relates the generational and social cycles of machines’ species. The chains established between those bioeconomic cycles follow the same pattern of other micro and macro-organic chains, according to the different length of those cycles :
– The fastest machine’s cycle is the information cycle, as in any other being. For example, the computer in which I write calculates million of cycles per second (Mhz.), showing an informative, capacity far superior to that of my brain, in spite of its defective design
. - The second cycle in length is the energy cycle, developed by specialized transport machines. It is measured in revolutions per second and it arrives in high speed machines to a few tens of thousands of cycles per second. - The third cycle in length is the cycle of reproduction of machines by their company-mothers. It is different for each machine but usually it lasts a period that extends from a few minutes to a few days. Nowadays it accelerates constantly as company-mothers evolve their re=productive systems; since in a Free economic ecosystem all the resources of our societies are dedicated to reproduce and evolve technology in increasingly automated factories where machines reproduce more evolved machines without the aid of man.
– The generational cycle of machines is the 4th cycle in length as each new, more evolved generation of machines displaces a previous one. It is called the product cycle and today lasts from 1 to 2 years. It is the fastest evolutionary cycle of any species on Earth. For example, men took hundreds of thousands of years to double their brain capacity, yet chips take only two years. This happens because men transfer palingenetically , their formal evolution that took thousands of million years to machines that imitate our organic functions, from chip-brains to cranes-arms. - Finally, the longest cycles of machines are the social cycles that extend through several generations and relate those machines with the historic and human cycles of the economy. Given the importance those cycles have for our species we will concentrate on their study.
The business, short cycle.
Abstract micro-economics study the inner, individual cycles of evolution and reproduction of machines, the quanta of economic ecosystems, carried out by company-mothers, their reproductive and evolutionary organisms. We translate micro-economics to the energy and information cycles of evolution of organisms using a well established diagram, the graph of business cycles that shows the organic cycles of machines and company-mothers in an abstract form, using profits and sales, which are the evolutionary and reproductive parameters of machines:
-E:Production and sales mean the ‘re=production’ of machines, a spatial parameter of population.
– Exi: Profits is a variable dependant, both on the sales & costs of reproductionwhich diminish as a company evolves its means of production and the quality=evolution of the product. Thus profits depend on the evolution of machines, becoming its temporal parameter.
The business graphs of profits of company-mothers are organic graphs that show the reproduction and evolution of their products and machines that those companies sell to obtain profits, which are proportional to the reproductive and evolutionary ‘force’ of their products. The evolutionary quality of a machine, its population and quality (production, sales and profits), is shown in its X-value that increases each generation. Since each new generation a machine is extinguished and replaced by an evolved machine that has more energy or information.
The 3 phases of that curve are evident bio-logical ages:
–Youth: The Company spends its ‘financial energy’ developing and creating the product. Profits plummet in the age of discovery, the evolutionary age of any species, when the machine is mutating and needs the company’s protected environment.
–Maturity: The business cycle reaches its max. sales in the reproductive age of each machine. And it has 2 lower curves of minimal profits in its young, research age and its old, obsolete age, when it is ‘on sale’. So the company works simultaneously in 3 generations, researching a new generation when the previous generation is in its zenith of sales as the top predator, more efficient machine the company produces. Then the higher expenses on I+D are compensated by the profits of the ‘present’ machine. - 3rd, Old age: Max. information. The company diversifies the product and spends on marketing. If the industry manufactures a machine, the product becomes in this 3rd age a weapon sold to governments, increasing also the profits of the company (shown in the graph as a divergent 3rd age of the cycle).
– (- 1): Extinction: The product is taken out of the market when a new generation is ready. The graph decomposes the cycle in 3 generations of machines, which are in most companies simultaneous, as 3 waves of blue, green and red light give white light. Hence most companies have, when they ad expenses and profits of 3 generations, a business cycle that shows a smooth curve of profits tangent to those 3 curves.
ORGANIC CYCLE OF RE=PRODUCTION & EVOLUTION OF STOCKS OF MACHINES
Let us put you the example of Amazon and the latest one – the birth of the currency of robots and future metal earth void of any content of humanity, the bit-coin.
In a less than 1 year period, both 10-folded value, ints ‘generational birth’ as a fundamental organic element of the future metal-earth… One will be along google (cross shares owned by Mr. Bezos), the ‘skynet’ system, already is the cloud, internet, robot and logistic master of the planet. So its birth was as the Spanish proverb said ‘marked by the stars, shooting on the sky’… And as the systems of growth of populations are decametric in ten-folded value in 1 years 9 months..
This is the palingenetic 9 months of human birth. It is the o-1 probabilistic sphere of quantum physics that gives birth to a particle by collapse of a wave. But in measure theory the o-1 scale that gives birth to an organic entity is equivalent to the 1-∞ population plane; and so the process slows down and now it will take it 9 years to 1o-fold again.
Sorry you missed on the bitcoin birth, pure digital flow of money (or whatever cryptic currency finally substitutes when governments try to mess and wrestle… Its true point will be when AI adopts it to become independent of the humind, and deliver informative values to all its machine-units).
Now, for the whole 72 years cycle, which will implode again the next year 2018, tuned to the war cycle that switches on and off between war and peace machines… we shall go slow first and explain you the 72 years cycle ‘ad nauseam’ – the cycle of global world wars, in which we are entering fast…
It is a simple cycle driven by the equation of maximal profits=reproductions=sales of the star products of each biological generation of machines. So what products have maximal price-profits sales? The 3 that correspond to the 3 physiological functions of all systems of nature:
-The entropic killing product of maximal motion – weapons.
-The reproductive network – money itself.
-the informative machine – mass media.
The rationale for the human is also simple: top predator weapons are the most evolved, perfect machine species, hence the most expensive of maximal sales profits.
-Information is ‘free’ easy to reproduce, and cheap, hence its costs is minimal and gives maximal sale profits.
-Money is the star, is profits in itself, so you can mine directly profits printing money.
And so the equation of profits of capitalism is simple: Profits (money) = max. Price (weapons) – min. cost (hate media).
So those are in each cycle the 3 star products, and politicos to the service of corporations cater with laws and subventions to this, most profitable companies of any age.
Let us remember again: they are those who produce the most expensive machines of maximal sale profits, weapons, or those of minimal cost of reproduction, hence also of maximal profit margine, mass-media, and finally to the very same financial companies that issue money but seem NOT to have enough and get bail outs from taxes. It is the origin of the modern belli Nervi pecunia infinita in which those 3 top predator companies get the biggest share of the taxes extorted from citizens:
In the graphs, the Industrial Evolution in the western world ruled by company-mothers who control the languages of social power, and buy laws to politicians through lobbies, to ‘smooth’ the terraforming of the Earth into a planet of machines, has followed an economic, national, generational cycle of 72±8-9 years, the ‘Kondratieff’ cycle’ (1) in which a nation discovers a new form of energy (white) applied to the creation of new forms of money, the economic software and new machines (red) its hardwares, which become the engine of the Industrial Economy.
So the cycle of the industrial evolution MUTATES every generation, when the evolution of each of those type of machines is completed and the proper top predator weapon is overeproduced. Then there is an intense brief period of global world war, in which all company-mothers switch to its top predator weapons, and paid politicos and mass-media pump hate-memes to use weapons to solve social problems:
In the graph as mechanisms multiply in growing numbers the economy enters in a crisis of overproduction of machine and weapons that compete with human beings in labor and war fields, provoking the negative cycles of unemployment and war that define capitalist societies.
Alas this is the 72 years war cycle after crashes of overproduction in 1857 (train crash) – 1929 (car crash) – 2008 (chip crash).
The boom and bust 4 cycles of the Industrial evolution
We shall now unveil in detail those cycles of boom and bust till the present one.
In sequential order, the 4 capitalist ages of issue of private money to increase the profits of the Financial-Media/Military-Industrial Complex are: the Age of slave companies, train stocks, ticker money and e-money. The boom & bust process of debt-money and war for profits was the same:
– This cycle first happened in the Age of Gunboat Companies of Slaves in Britain after private moneylenders got from corrupted and clueless politicians a monopolistic charter to issue British money. Then they founded the Bank of England that printed paper-pounds lent to Crown at 6% of interest; exactly what the ECB – whose charter was invented by private ‘expert’ bankers in Brussels’ – has done now in Europe, achieving the monopoly of printing the sovereign money of Euro nations, which they give only to private banks at 0’% interest that in turn lent it to southern European states at an usury 6%, rate called in Spain ‘Prima de Riesgo’, which absorbs the 3% of its GDP cancelling any economic growth.
Next the Crown raised taxes to pay debt, especially in the American colonies, despised by the British elite, as the PIIGs nations (nicknamed by a racist Frankfurt banker) whose life-art based culture produce mainly goods of the welfare state (Portugal, Italy, Ireland, Greece & Spain) do; as they are now ECB colonies. And so they have the lowest rate of growth in the entire planet. Since unlike machine-based nations like Germany whose corporations print money for free in stock markets welfare companies do NOT have stock-credit.
In the Company Age this was also the case. Only slave, gold and colonial gunboat companies could raise the other type of paper money besides Pounds, stock-paper. Soon the Bank debt-money was used just to back speculation in those companies, NOT to create real wealth, as now the money printed by the ECB bank and Fed is use only to rise the Dow to new records not to create a Global New Deal. But return profits were dwindled as the best colonial lands had been taken. So a series of bubbles, the South-Sea company bubble in Bri’tain and the Louisiana Company bubble in France, where a Scot, Mr. Law had sold the same scheme, exploded, as the financiers had sold out the worthless fiat stocks at stratospheric prices into the middle classes of both kingdoms and left the market sink no longer issuing mountains of speculative paper-money. They did the same in the 29 crash and the 2001 crash of worthless dotcom stocks and the 2008 mortgage crash, once they exited the market, after expanding credit to the middle classes.
‘When my boot-cleaner talks stocks is time to exist the market’ said Joseph Kennedy. To that aim the synergy of the media owned or corrupted by financial groups is essential. So financial media kept rating dotcom companies and CDOs as AAA value, while Goldman exited and emails said they were ‘piece of junk’ and the press during the XVIII c. insisted that in Louisiana and the Patagonia there were huge gold mines.
In both kingdoms the politicians of the age, the kings and aristocrats were greased with huge returns and redemption of shares at maximal price. But when the bubble exploded the outcome was different:
In France it was the first of a series of crises that tumbled the monarchy, sparking the French Revolution that tumbled the ‘ancien regime’. In Britain the king’s court condoned the financiers establishing the Anglo-Saxon capitalist system in which financial crimes are never punished to ensure they will happen again. As England’s Capitalist democracy was a banking dictatorship, similar to the one established by VOC in Amsterdam, founded in the ‘Glorious Revolution’ of 1688 by Dutch financiers, who during the French invasion, bought the Parliament for the Dutch king with the money of the Amsterdam Bank, and established the Private Bank of England and the stock-market in the City, their own ‘kingdom within the kingdom’, with his own taxes, where the king cannot enter without the permit of its major and MP, traditionally of the House of Rothschild,
And he indeed controlled it, by playing the game of war and debt during the entire XIX century, in most of the countries of the world.
Then corrupted politicos to the payroll of the Private Bank of England, that usurped as the ECB has done the name of the nation to be accepted by the people, soon embarked in permanent wars to increase state debt, and the 6% of ‘free profits’ for printing the British money. Those wars raised taxes for the commoner of England and provoked enormous suffering to all cultures on Earth, colonized by British, but the mirage of Empire and racial superiority maintained the British people till today, a happy subject of City Financiers, as it does today with Americans and Wall Street. But in the XVIII C. Americans were more enlightened and so they rebelled when Franklin failed to convince the Crown to abolish the system.
Then he ran his press to create a ‘free’ Financial-media system and started to print colonial money and pamphlets explaining the ‘issue’ of money, true cause of the American R=evolution. But soon after the Independence, Americans lost that freedom ‘again’, when Mr. Winthrop, a Calvinist bishop, Mr. Morris and associates, Jewish merchants, Mr. Gerard, the biggest slave trader and Mr. Hamilton, a corrupted politico took away from the right to issue debt-free money, from the founding ‘peasant fathers’, the plantation owners, Jefferson & Washington, who did not understand yet there is no democracy without the issue of bills of law and bills of money to implement them, by their elected governments. It was the birth of the ‘Biblical elite’ of corporative owners that substituted British Companies in the control of their society.
Soon the Hamilton gang started to promote wars – wanting to declare war to France! the country that had invested more hard currency in the American war for the freedom of the American people, to steal Louisiana – and had not Jefferson merely offered money and bought it from the French, it would have achieved its purpose – to create like the Bank of England did, a nation in perpetual war for profits, ruled by an elite of ‘bankers’,. America and their people though had a higher sense of freedom and rights than the British commoner and fought many battles with the bankers, starting with the duel in which Burr killed Hamilton, followed by the understanding of Jefferson that they had been ‘cheated’ and his attempts to regain the right to issue money. But then bankers ‘exploded’ the game, overpassing the Federal Government by lobbying states, which started to charter private bankers that issued massive amounts of their own paper-money, systematically ruining the common Americans by defaulting on their paper.
The classic run-on-the bank cycles started then. And as ‘greed’ and ‘theft’ became ‘privatized’ so any wealthy slave trader or usurer could start a bank, the elite caste of American capitalism took roots and has reigned ever since. And when American heroes of national freedoms, presidents like Mr. Jackson, Lincoln or Kennedy tried to reverse the course and regain those freedoms for the people, with the abolition of the 2nd private ‘bank of the United states’ (Jackson) or the emission of debt-free greenback money (Lincoln) or the creation of a welfare demand based economy (Kennedy), they fall to the bullet.
Thus the British earlier model of bankers corrupting politicos to declare imperial war to get usury interests from debt-money printed by those privateers on behalf of nations became the American model, specially after the murder of Lincoln, when free-debt greenbacks were cancelled and frontier banks issued massively debt-money backed by ‘future profits’ based in train stocks and land speculation taken from Indians that had to be exterminated for that purpose with the help of the Yellow Press and the new technologies of the steam age.
It would be the 1st Financial-Media/Military-Industrial Complex imitated by all Western nations in their colonial wars. Thus every attempt of western people to become free democracies was reigned in by bankers and corrupted politicos, by murder, corrupted law and war, backed by the new machines of the Financial-Media/Military-Industrial Complex, since Staunton, railroad baron, paid Booth to kill Lincoln and robber barons colonized the West in I Cycle of trains.
-72y. Train Cycle: Paper-Money. Boom: Railroad stock-paper: 1840-70. Bust: Silver Crime:70s-90.
In detail in the 1st cycle of steam machines and printed paper-money, the boom cycle happened during the overproduction of rail road stocks. The bust cycle happened when Silver money was demonetized, substituted by the gold standard. In America financiers implemented it, bribing Mr. Grant at the height of the Robber’s baron era. It was called the ‘silver crime’, as it plunged the country in the worst depression since the crown forbade the states printing colonial money. In Europe, Germany, the dominant industrial nation, provoked it, when Bismarck’s bankers cancelled bimetallism, imposing the gold standard and reducing to ½ the circulating money. So suddenly half of the metal-money disappeared, increasing enormously the value of debts, by increasing the value of money and deflating prices, making debts far more expensive.
The world entered recession, except industrial companies that switched to weapon’s production and unlike the people who were asked to pay debts in scarce hard currency, received credit in stock-paper. Soon they declared the 1st of the many German FMMI system’s splendid wars for profits that ruined European lives and wealth – the French-Prussian war of 1871, the I and II World War and now the Euro War.
– The 2nd Industrial cycle of fiat money overproduction started its boom cycle in the earlier XX C. with a massive expansion of ticker speculation in the nascent car industry. The House of Morgan busted the credit cycle in the panic of 1907, as an excuse to set the Federal Reserve Bank as a private bank of ‘issue’, who extorted usury debt to the United States for decades to come.
Then the Fed crunched most credit given before by frontier banks to Middle West farming states now stripped off issue rights, provoking the famine crises of the dust bowl, as lending to small companies and agricultural states plummeted. Now Fed Banks concentrated in New England ignited 2 boom decades of credit to Industrial Trusts and financial companies of the FMMI system, backed by the yellow press and radio of the happy 20s, the age of ‘ticker-money’ speculation and W.S expansion. But in 1928-29 the Federal Reserve and Bank of England’s concerted contraction of money crashed the global market, provoking the Great Depression solved after a ‘too small to matter New Deal Deficit’ in Welfare goods by ‘canons instead of butter’, after the next 7 year boom and bust crash of 1937. Then Roosevelt changed his mind, pressed by Industrial Trusts. So he provoked Japan with an embargo and every nation in the world, with Germany ahead of the pack, expanded their deficit to pay for war industries proving that Deficit is NOT the problem.
It should be rule, but issued with debt-free money not to pay war but to cre(dit)ate a Welfare Global Deal of life-goods and peaceful, consumption. Since America reached its all-time-peak of debt at 150% of GDP during II World War and never paid I and came out of the crisis – as Germany had done before at the cost of 66 million victims. Synergy between the 4 overproduced technologies of the FMMI system is thus essential on the boom and bust cycle of debt-money and war that creates the 4 parallel crisis of each Kondratieff age of overproduction of fiat money.
Sounds familiar? It should because it is what happened in the 3rd cycle of e-money overproduction:
Bankers invented fiat money without limit once they discovered the ‘complex e-money derivatives’ that allowed them to print ‘digital data’ as money in computer screens… Then in the 90s, the happy new 20s they lend it massively at soft interest. So every state and individual owed them money.
Now they are contracting the monetary mass, and their quisling politicos are extorting people with higher taxes, bailouts and the destruction of welfare states to pay a fiat debt that in a real democracy would never exist, as money would be issue by sovereign states free of debt, as a Universal Salary and credit orders for welfare goods:
First bankers in the US expanded credit in e-money without limit, in the happy 90s so everybody bought Internet stocks, and finally they busted the credit system in the 2000s; after unloading those stocks into the middle class with the ‘self-made man’ myth of ‘trade yourself in internet’.
In the 20s they call it ‘buying on margin’. As the top price moment of unloading fiat worthless paper-stocks overpriced into the middle class approached, ‘buying on margin’ was fueled by massive credit of the Federal Reserve. Say you wanted to buy a ‘yahoo’ or a ‘RCA’ (radio-stock) at 500, their peak prices, in the 2000s or 20s. You would just put a 10% of the 500, and the ‘bankster’ will tell you that you will double capital when the price hit 550.
What he didn’t tell you is that when the price goes down to 450, your 50 $ are gone and then the banker will sell the stock and ruin you. So they passed the ‘virus’ of greed to Main Street and ruined them in both cases, unloading at maximal prices the shares, whose value they had artificially jacked up in the previous decade.
Then within years another short 7-year cycle of the ‘product’ took place. Now as people did not want to know anything about stocks, they had to invent a new form of worthless e-money in their screens. So they expanded again e-money with the mortgage CDOs, which they unloaded at maximal prices into the accounts of the governments and investors of the entire planet.
And then they contracted credit and had the ‘chutzpah’ of asking again to be paid the ‘false fiat money’ of those CDOs – mere double accountancy as they were false mortgages repacked and resold ‘again’ – extorting one trillion dollars in bail outs, which now bring higher taxes but rip for them higher benefits. And parallel to that boom and bust cycle, they have expanded military expending to 1/2 of the nation’s budget, which is a quantity HIGHER (5) than the amount spent by Nazi Germany before the ‘splendid little Spanish war’ that started W.W.II. served as the Guinea Pig to essay in Guernica the goodies of the German FMMI complex.
The only change on the boom and bust usury cycles of financial speculation that usurp the sovereign rights to issue money is on the metal-machines used to ‘invent’ digital money, which evolved from ‘gold’ (in an age that extends from the times of Joseph, Pharaoh’s banker and first recorded speculator against people’s welfare to the mercantilist age of slave companies) into stock-paper (train age, electric tickers) into our modern times of pure digital information as e-money. Thus since money is reproduced by digital machines, its cycle is parallel to the Kondratieff cycle of overproduction of new energies & machines (chemical energy/printing; electro-mechanical engines/tickers and electronic machines/e-money):
– In the age of steam machines, there is a peak in stock-money issues of worthless train companies in the 1850s, when the best railroad lines are constructed and new ones loose money – even if speculators knew they were profitable, just for the sake of inventing ‘paper-money’, unloaded on the middle classes ruined by them. Meanwhile the 2 commonest job of the age, transport was lost to trains and 90% of horses were killed in a decade, out of work, while food prices and revenues for small farmers, plummeted under the monopoly on prices of railroads.
– In 1928, there was a peak in the creation of new stocks in companies of cars and radios, when RCA shares reached an astonishing 500 $ value, precisely when the slump in consumption of cars had started in earnest, as all Americans had their Ford-T. Yet the electric ticker, the equivalent to e-money Pc screens in the 1920s, had been implanted in small towns and was sucking in money from the middle class all over America to satisfy the ‘Ponzi Pyramids’ of Wall Street speculation in ‘margin 1 for 10 credit’ for stocks.
Then, in 1929 and 8 years latter in 1937, the physical and financial economy crashed together. While the reproduction of electric systems of automation in assembly lines at factories provoked a massive wave of unemployment, halving the work force.
Which lead us to the study of the cycle of boom and bust in its smaller pattern of 8-9 years
In the graph, the electronic cycles of evolution of machines, whose stock-market curves are parallel to those of any biological radiation of a species. Since those curves are known and can be used to forecast future populations=sales=profits=prices of company-mothers of machines, this writer has been able to forecast this crisis decades in advance by merely applying those laws to the economic ecosystem, its ‘dominant’ re=productive species, company-mothers and its offspring of machines, which compete with humans in labor and war fields. It is precisely that competition what causes waves of unemployment when production of machines peak…
In the upper graph, from ‘The extinction of Man’, Bookmaster Ohio, c.94, we predicted those cycles for America according to the 72 years cycle of Kondratieff crashes of the economy (1). In the lower graph, from the book ‘cycles of economics: The III world war’ from 2001, we analyzed in depth the biological structure of the ‘radiations’ of electronic machines till the present crisis, comparing it with the self-similar crash of the oil and radio economy.
Thus, we can follow in that upper graph the 3 ages of the Industrial Revolution and its parallel crisis, and a more detailed analysis of the present electronic cycle and its ‘star machines’ in the lower one.
The 2001-08 economic crises are caused by the overproduction of electronic machines and its main derivative e-money, similar to the 1929-37 crash, caused by the overproduction of electro-mechanical machines and speculative ticker money, and the 1857-64 crashes of the train economy, and its speculative stock money; each one separated by a human generational cycle of 72 years. In that regard, the crisis started in the Financial System with the unlimited reproduction of electronic money by bankers and speculators. Yet in deep analysis those bankers could have not invented so many ‘toxic assets’ without the evolution of electronic money, a language of information that regulates the financial and physical economy at the speed of computer software.
The present crisis is not a recession but a depression, caused by the overproduction of electronic machines and its derivatives, similar to the 1929 crash, caused by the overproduction of electro-mechanical machines, which printed too much money (ticker speculation), electro-mechanical production systems that threw millions out of work (taylorism, automated assembly lines) and the overproduction of cars and radios, whose companies, lobbies and politicians reconverted into armored cars (tanks) and hate-radio speeches (Hitler), embarking us into World War II.
After the war, the Kondratieff wave of electro-mechanical machines was exhausted and so we started a new dual wave of ‘electronic machines‘, which evolved and reproduced chips – brains of metal – in increasing numbers till saturating the global market – origin of the present five-folded crises of overproduction of electronic products – the financial crisis, the cultural crisis, the labor crisis and the war.
In that regard, we can compare this crisis with a similar transformation that happened in history about 70 years ago. The happy 90s looked like the happy 20s. But suddenly the World changed into the warring 2000s, as the 20s changed into the ominous 30s. In both ages a tremendous crash on global stock-markets, due to the overproduction of machines (radios and cars in 1929 and 1937, electronic goods in 2001 and 2008), sunk the economy, increasing unemployment and social inequality.
That historical similarity is not trivial. It is a cyclical change that modern history experiences every ±72 years, a period that historians call the Generational, Human Cycle, since it is the mean biological cycle of 3 human generations – grand-father, father and son. Indeed, if we go 72 years backwards in time, we see a similar crisis happening globally after a period of industrial growth guided by the steam engine, which lasted through the happy 1850s, marked by the railroad craze . . .
Then in 1857 the overproduction of railroads crashed the industry worldwide and history turned upside down. In the middle of that crisis, the ominous 1860s brought wars fought with armored trains and steamers in America (Civil War), Europe (the Italian & German Unification wars) and Asia (Sepoy Revolt in India, II Opium Wars). So during the Industrial Revolution, every ±72 years the world changes, after a big economic crisis, from a happy time to an age of war and destruction, from an age of machines to an age of weapons, the age that now begins worldwide. And it all starts in the financial economy; because the reproduction of money reaches a peak at the same time the reproduction of machines saturates the market and becomes reconverted into weapons.
The causes of that exact 72±9 year cycle of global stock-crashes are simple. The Industrial Revolution is in fact the Evolution of Machines and Money, energetic and informative systems, traditionally made of metal, which can be studied with the laws of morphology and evolution. Machines and money evolve according to the energy and information, they use to become re=produced.
humans evolve a new type of energy and information, derived from that energy, which renews all the machines and financial instruments of the economy every human generation of 72 years, in which a nation of ‘founding fathers’, captains of industries, their sons and grand-sons, reproduce and evolve a new energy, machine and form of money to its perfection. Yet at the end of the cycle, the machine and money becomes over-reproduced, saturating the market and provoking, due to a crisis of growth, a global economical crash.
Those generations also bring the nation that discovered the new energy to the top predator status of history. Because energy is also the substance of which weapons are made.
—Thus, we had an age of steam machines, the age of England, between 1780s and 1857, followed by a crisis of overproduction of steam machines and stock-money that brought
the 1857±8/9 years crashes of the train-based economy.
—From 1857 to 1929, we lived in the age of electro-chemical energies, machines and chemical explosives, dominated by Germany, followed by a crisis of overproduction of cars and radios, which caused the 1929 crash, 72 years after the train crash.
—It came then the III cycle of electronic machines, electronic money and Nuclear Bombs that took place from 1929-2001, the age of America; which again ended in the dotcom and mortgage crashes, 72+8-9 years after 1929.
– Followed by the Age of the singularity, the IV Cycle of Evolution of machines, dominated by robots, solar Industries, Quark Bombs and China. Because scientists call a black hole, the type of quark ‘bombs’ now researched at CERN‘s singularity; and they also call the arrival of Artificial Intelligence, the Singularity moment, we have called this 4th age of the Industrial Revolution, the age of the Singularity.
Thus, a biological analysis of Free Markets shows the need to regulate the evolution of technology, pruning the bad fruits of the tree of science, weapons, robots and polluting industries, as we do with lethal organisms (virus, predators) to limit their competence with mankind, while fostering biological, Human Goods needed for our survival (agriculture, education, housing, verbal ethics, health, environment),which also provide more labor, as they are reproduced or created by human beings, if we want to make the world safer and sustainable for life . . .
The previous cycles, called the Kondratieff cycles of the economy, are known to economists, but their use is reduced to charting profits in the stock-market and other financial aspects of the economy, despite their huge social and historic implications. Unfortunately, guided by profits, economics pretends to be a ‘mathematical’ science, independent of History, uninterested in the collateral effects of the production of machines, money and weapons might cause to mankind.
For that reason, it is imperative to understand technology in biological terms, abandoning the mathematical, abstract approach of classic economics, which cannot understand those cycles of evolution, neither studies the ‘real’ competence and collateral effects some lethal machines are having on mankind – from global warming, produced by the ‘detritus of those machines’, to the massive wave of unemployment that robotics is causing, to the risks poised by the evolution of Nuclear Weapons, into the threshold of ‘planetary bombs’ – quark bombs and black holes that can potentially destroy the planet. In that regard, a Free Market is an ‘economic ecosystem’, regulated by a language of information called money and ruled by company-mothers, whose aim is to re=produce and evolve machines, simple organisms of metal that imitate the functions of energy and information of the human being. As a result the Earth becomes terraformed, from a carbon-life ecosystem (Gaia), ruled by human organizations (Governments) and human languages (verbal laws) into an economic ecosystem (Free Market), dominated by company-mothers, money and machines, which enhance our energy and information but also compete and substitute man in war and labor fields . . .
A detailed analysis of the cycle of 72 years of evolution of energies and machines explains what all the models of classic economics
have failed to understand: money also follows a cycle of evolution and reproduction,
related to the machines used to ‘invent’ it, today electronic machines, which have not only saturated
the world with hardware but also with e-money software, till money lost value.
Because money is reproduced also with machines, its cycleis parallel to the cycle of machines of the economy
Thus, we predicted, parallel to the crisis of overproduction of computers, also a financial crisis of e-money, made with Pcs, similar to the 29 crash of the ‘ticker money’ economy, which jacked up prices of stock with electric machines into surreal levels. Indeed, there is every 72 years a huge crash in the stock-market with 2 short ±8 years ripples, due to an over-production of money and machines, which plunges the world into a global depression, till the new cycle of energies and new machines takes off, creating new industries and jobs that replace those of the previous cycle.
The boom and bust cycle of the global economy is both, a cycle of reproduction of energy, weapons, machines and economical information, money, as all of them are related. 3 negative effects are paramount:
– Machines throw people out of work.
– Weapons kill them in wars.
– And too much money causes inflation, absorbs savings and when the bubble of false value explodes, it ruins the economy of the Middle class.
Those effects are studied in more detail in the featured articles dedicated to ‘economics’ you will find scrolling down this web.
Money is a language/software of information, whose ‘hardware’ evolves in each cycle.
All this said, it should be obvious that the present crisis is the result of the exhaustion of the longest cycle of Economical activity, called the Kondratieff cycle, which defines the evolution of energy and the machines and money manufactured with it, the 2 main non-human elements of the economy.
The exhaustion of the 2 previous Kondratieff cycles of steam and chemical energies were responsible for 2 other huge crashes of the Economy of the Industrial R=evolution, the crash of the train, in 1857 and the crash of the car & radio stocks of 1929. Now we live the crash of the electronic-economy based in e-money and computers.
The regularity and phases of those crashes which i anticipated 20 years ago in my thesis at Columbia University (nt.3) are shown in the previous graph.
Those ‘structural crashes’ are caused by a change in the energy we use and hence a change in the evolution of machines that use such energy and also in the money of the economy created with new mechanical systems:
– In 1857 the world lived the crash of paper-stocks parallel to the exhaustion of the train age.
– 72 years latter it lived the crash of the ‘ticker stocks’ in 1929-37 that raised the price of car and radio companies like RCA to 500 $
– 72 years latter in 2001 we lived the crash of e-money that raised stocks of companies like Yahoo also over the 500 $ mark.
And then after that massive crash, e-money kept evolving in new ‘financial instruments’, mortgage derivatives. So after a short 8 cycle we had again a massive crash of e-money, the present crisis, 72 years after the 1937 climatic crisis of the ticker economy.
In that sense, the reader must be aware that money in the Industrial age is ‘invented’ with machines; and so when a new form of money appears, those who control the ‘money-making machines’, the financial industries and in a few ‘real democracies’ the governments elected by the people, will ‘print money’ with any excuse. And at a certain moment of the cycle, they will print so much money and make so many machines that the market of machines and money will become saturated. Money then will loose all value, as there will be much more money than ‘real valuable assets’ and the economy will crash.
So we talk of 2 PHASES OF THE CYCLE: PEACEFUL CONSUMPTION OF MACHINES VS. WEAPONS CONSUMPTION OF HUMANS.
And Exactly as we predicted in our earlier books 30 years ago, we are now in the age of weapons that consume humans; since those cycles are perfectly tuned to the laws of systems sciences and evolution. But mass-media keeps manufacturing brains with political and economical correctness, which Always cater in the last Level to a company-mother, the true dictators of democracies.
Consider for example in the previous graph, the so much taunted around global warming scare, whose objective truly is to promote solar skins, the last barrier for autonomous robots to become a species independent of man. And it is certainly NOT the most important existential problem of our species, as in fact just will increase the production of wheat and food, given the fact most landmass is in cold regions that will benefit from it (Russia, Canada). But NONE talks of the risks of AI and military robots, of the III singularity events that will ‘close’ the age of mankind if we do not learn how to control the evolution of machines and the free-issue of money to evolve them.
Unfortunately we are now pass the age of consumption of peaceful machines and entering fast into an overproduction crisis solved as usual switching to robotic weapons, hate media, and vigilante ‘big brother’ pcs.
So the system switched from overproduction of peaceful goods and e-money to overproduction of weapons and hate media, and as it happened after the 1860s crash of the train economy and the 1930 crash of the car-ticker money economy, we entered an age of splendid little robots wars, electronic big-brother and hate-media against 3rd world nations, brutalized by decades of lack of investment in education, welfare and backing of dictators, which feed a growing spider web of terorrism, police states, investment in security, and cut of welfare expenditure, ‘camouflaged as usual’ with the proper idol-ogies repeated ad nauseam by all metalcommuicators, of ‘security’, ‘progress’, ‘virtual fictions’ and ‘we live in a free world’.
In the graph, as we enter the military phase of overproduction of weapons and hate memes, it happens an INVERSE process of DEVOLUTION of all human systems, corruption by massive amounts of e-money of all political systems, which choose war-monger politicians to cater to the needs of overproduction of weapons. So after the 2008 crises because the system was not reformed, we entered an even harsher dictatorship of the Financial-Media (information machines)Militar-industrial (energy machines) system, and we switched production from consumption machines to weapons that consume humans took place.
So we are now in that age again:
THUS the present crisis is not a recession but a depression, caused by the overproduction of electronic machines and its derivatives, similar to the 1929 crash, caused by the overproduction of electro-mechanical machines, which printed too much money (ticker speculation), electro-mechanical production systems that threw millions out of work (taylorism, automated assembly lines) and the overproduction of cars and radios, whose companies, lobbies and politicians reconverted into armored cars (tanks) and hate-radio speeches (Hitler), embarking us into World War II.
All this said we can easily define the present crisis as a crisis of overproduction of electronic machines of 4 types, money-printing machines, mass-media machines, weapons and tool/working machines. And the consequences of that overproduction is the destruction and obsolescence of the equivalent human system (government’s money, human information and ethic values, life and jobs).
So paradoxically as electronic machines and corporative profits multiply the ‘rival’ human wealth in life goods, human jobs, peace, freedom and true information disappear. And this gives birth to 5 parallel crises:
– Electronic Computer platforms are Machines that print money without limit. They started to print money in the 90s and brought two crises, so far – the dotcom crash of 2001 and the e-money derivative crash of 2008. In both crises so much electronic ‘prices’ were invented that electronic fiat money lost all value, crashing the economy (those crises are thus equivalent to the train’s stock-paper XIX c. crashes and the ticker money crashes of 1929-37; today we suffered the electronic money crashes of 2001-08).
– Communication machines multiply hate-speeches and rhetoric, audiovisual information. They also report positively about the people who run the politico and financial system (as they are often the same machines, owned by the same groups of power). Thus the result is NOT a humane solution to the crisis but a new fascist age of defense of the 1%, its corporation and its destruction of the human economy. So in the middle of the crisis people still defend the corrupted system, Keynesian militarism and ‘splendid little wars’ for profits that corporations want to get out of the crisis with war profits (yellow papers in the XIX c. did the same, starting the colonial age of multiplication of trains and steamers that killed 30 million non-technological people; Hitler’s Hate-radio did the same in the 30s and now Hate-TV does the same in the 2000s.)
– Electronic tool machines have evolved so much that now are able to manufacture all type of goods, displacing human workers (in the first cycle it was the train which ended most transport jobs, the bulk of labor in the XIX c.; then it was the electro-mechanical assembly lines of the 1920s; now we have white collar pcs and blue collar robots in the 2000s, who throw from those assembly lines the human workers.)
– Transport machines are overproduced, provoking crashes of the physical economy as they remain unsold (train stock crashes after 1857; luxury car crash of 29; cheap car crash of 1971 and now the crash of electronic machines, robots and pcs and all kind of chipped mechanisms, proper of the 2001-08).
– Finally weapon machines are overproduced, as companies shift from the use of transport/communication devices to its ‘evil twin’ the weapon (shift to war railroads and hate yellow press in the second half of the XIX c. to hate radio and armored cars=tanks after 29 and to hate-TV and robot terminators after the 2008 crash).
Thus as all the previous crises of overproduction of capitalism, studied in detail in the right side of the web, the present crisis is one of overproduction… of electronic machines of 5 types: e-money, weapons, transport machines, robotic workers and mass-media outlets. And the result of those 5 crises are the same than the previous ages of overproduction: an enormous influence of corporations and machines in society, politics, economics and culture, which have ended in this cycle the American dream of an egalitarian, humane society, based in the goods of human welfare we need to survive, be happy and evolve, within a just society with jobs and opportunities for all men.
The cycles repeat once more, now again once the Financial-media system of informative machines that print money switched after a crash of the economy to reproduce hate memes against ‘primitive and poor nations’ starting as eries of splendid little wars for profits that end invariably in global wars between the leading nations of each industrial cycle. Since industries with from peaceful machines to expensive more profitable weapons, and from saturated markets of human consumption to renewal of arsenals paid by states, skyrocketing profits maximised according to the cycle of nervus vellum pecunia infinita by the overproduction of weapons and inflationary money to pay them.
We study this accelerated cycle down the left side, till the present age of III world wars.
- It is the cycle of colonial train wars of Europe vs. ‘primitive third world’, or second phase of the steam age.
- It is the cycle of fascist tank and radio hate wars, or second phase of the engine age.
- It is the present age of electronic big brother, and ‘semite’ wars, as we live the age of overproduction of chips, and its derivatives, e-money (financial crisis), blue collar robots and white collar pcs (labor crisis) and terminators and big brother (political and military crisis). OF COURSE we suffer again the cholera of the ‘primitives’, in this case as in the I cycle, which is closer to our world than the fascist era, against ‘black emigrants’, ‘islamic warriors’ and ‘indians’ now called ‘Mexicans’. All has changed to remain the same.
In that regard, the present cycle, forecast in enormous detail in our books on the ‘future’ III world war, as earlier as the 92 when the first overproduction crisis of chips, and its derivatives could be seen looming in the horizon (e-money overproduction crisis, blue collar robots & white collar pcs labor crisis and terminators – war crisis) will be politically similar to the I colonial age, NOT the fascist age, because it WILL BE dominated by wars against the poor III world war (wars against jihad, islamophobia, contention of african migrants, mexican=amerindian biasing, etc.)
The reasons are deep but can be understood easily in terms of the ‘growing disorganisation’ of humans, unable to agree, hence the state is dissolving NOT coalescing; WHILE the properties of the ‘mental manufacturers’, hate-tv and hate-internet are visual and desegregating, more prone to ‘visual and technological racism’, proper of the first cycle
This is indeed the only dual future. The rest is wishful thinking. EVOLUTION RULES THE WORLD and evolution is about species not individuals and only members of the same species help each other. Different species naturally communicate badly, have different interests and so by the mere fact one species reproduces faster than the other, it will systematically end up extinguishing it by displacing it from a limited planet. So if we evolve and reproduce machines as we do without limit there is NO childish subjective, emotional, NON-scientific, anthropomorphic pseudo-religious, dogmatic TECHNO-UTOPIAN wishful thinking that will avoid our dismissal. ONLY IF WE APPLY the laws of super organisms to the control of the Evolution of the metal earth before AI collapses to stop the degradation of life, the humind (ab. human mind) and our atrophy an obsolescence we might prevail. As all THOSE PROCESSES ARE BIOLOGICAL in causality, complex in its systemic organization, and as such fully deterministic under those laws.
What then can a true humanist social scientist do? Certainly tell the truth and expect nothing from mankind but the law of silence, zero distribution, at best, in the previous harsher ages, when social scientists were called revolutionaries, often prison and death. But in science truth suffices in itself.
What the you meme should do in all its biblical forms is stop bull$hitting stop being a coveted racist religion and take seriously the arrow of social love to the species and use its power to fight for the future of mankind, not to repeat all the errors that bring the cycles of wars and holocausts that are taking mankind down the path of extinction and we shall now explain in detail in its real reasons, the idol-ogies of metal that kill mankind in body and mind.
What is the idol-ogy behind this centenary denial of eusocial evolution and love, to put together stronger social groups into super organisms, so endemic in American scholarship, which considers that only the ‘individual exists’?
The answer will surprise the reader: ‘divide and win’. As long as the mass of people live in chaotic freedom, which in science is a synonymous of entropy, chaos and death and cannot organise socially, in community, company-mothers of machines, perfectly organised as super organisms at global level through financial, digital languages will dominate mankind.
But of course our technological civilisation has become very complex and camouflages its non-human ultimate goals and debasing of all things human from welfare, life-goods we need to survive to verbal, ethic truths, our natural language, with a subtle form of censorship called political and economical correctness, which Orwell anticipated with its term ‘newspeaks’.
In the next graph the cycle has evolved into a new accelerated human generational cycle with the arrival of the company-mother of machines:
The biological, human-caused periodicity of the cycles.
All this said we can establish the first synergies and parallelisms between the metal-earths waves of machines and the ‘human generations that have carried’ their evolution under the idol-ogies of animetals, by cultural design, regardless of the existence in all nations of r=evolutionary people who follows the ethics of the wor(l)d and do not contribute to our demise with fundamentalist zeal.
All those phases of the Industrial Evolution of machines have had in fact 3 ‘organic ages’: the young age of ‘discovery of a new energy, soon applied to simple ‘bombs’ and the powering of the machines of the eco(nomic)system, ushering societies into a happy age of consumption machines.
Yet according to biological laws the cycles end when the evolution and reproduction of mechanisms reaches its zenith, in a massive global crisis of overproduction of those machines, converted into the most perfect mechanical species, the weapon, which in a global war phase murders millions of life beings.
And this 3 ‘mechanical ages’ proper of the morphological evolution of those machines by imitating the human functions=organs and improving upon them, are paralleled in the human sphere by 3 ‘generational ages’ of societies adapted in memes and actions to those machines-weapons.
In the graph, the British steam age of huge ‘bodies of metal, steamers and iron horses’, German age of electro-mechanical engines discovered by Otto and Siemens, applied to cars, tanks and bombers and the electronic American cycle now in its 3rd military phase:
In the graph, we combine both symbiotic cycles, the human and metal-ones.
The periodicity of those cycles can be easily tabulated with quantitative methods; as it corresponds to the 72-80 years ‘standard’ biological, generational cycle of life and death of human beings, the discoverers or inventors of those machines.
Kondratieff, the Russian Scholar (in the background of the graph), killed by Stalin, who found those cycles however studied a shorter 50 period, as Russia was an undeveloped country where the train came latter in the cycle. So the cycle was shorter and Schumpeter, the Austrian economists that explain them, did not correct it.
The Graph shows those 4 national Generations who build metal-bodies, engines & metal minds assembled in robots:
– British generations, who used physical, steam energy to power metal bodies, trains & steamers & print stock-money, ended after the 1857-73 crashes in an age of racist yellow press & colonial wars.
– German generations of electro-chemical engines, hearts of metal that printed electric money, the software (ticker speculation) and powered cars and planes, the hardware, ended in Nazism
– American age in which electronic systems printed e-money, the software and evolved ‘Minds of metal’; mobile-ears, cameras-eyes and chips brains now in its decadent ‘Weimar Republic’, when bankers keep printing money for themselves, militarism is on the rage and all ethic and social standards have plummeted as ‘monetary and military values’, the values of greed and violence provoked in man by the hypnotism of money and the use of weapons, reach its ‘overproduction zenith’.
– This zenith is the inaugural time for an new brave world, an age of robots & singularity weapons when all those parts are put together into organic machines, completing the industrial evolution of metal. It’s the last cycle that must be aborted for life to survive, designing instead an eco(nomic)system that switches production to welfare goods.
So as the new white collar Pcs and blue collar robots expel human workers and soldiers from labor and war fields increasing the ‘productivity’ of machines and the profits of corporations, we enter in a new ’30s’, neofascist age with the difference that unlike the previous ages, when the socialist school (Marx, Kondratieff) clarified perfectly the nature of overproduction crises, and the 30s when the Keynesian school explained it and gave solutions, as today the ’3rd age of scientific economics’, systems sciences that describe the eco(nomic)system and forecasted this crisis and its solutions long ago, is totally ignored.
Instead economists multiply their ‘thin air speeches’, damned lies and statistics hiding the true causes of the crisis of unemployment (blue collar robots and white collar pcs) and the existential crisis this process will bring to mankind.
A fundamental theme of this blog (left column) will be the study of those cycles, its overproduction crises, and the causal comparison of its main nodes, as we have done in the milieu of systems sciences, forecasting the present crisis of overproduction of chips, 20 years in advance3 with an accuracy and detail still unknown to my knowledge in books written today that go no further than the anecdote of the mortgage crisis. Forecasting is indeed the key element of a scientific true model, as all sciences predict the future observing the patterns of past cycles.
So the solution to the crisis is obvious but IT MUST COME from a cultural UNDERSTANDING of what is best for man – to overproduce life goods and control the evolution of metal-goods
Since, the process though is not EASY TO REFORM, because machines, which are just organic systems of metal, which we humans evolve imitating our equivalent organs, do have also as all living organisms two species, one peaceful and other top predator species, called a weapon, which is the most efficient, and whose purpose is to kill human beings.
So while ‘democracies’ pretend to be ‘smooth’ and ‘nice’ as long as people are perfectly manufactured in their brains to feel entitled, if and when they try to change the system and establish a REAL democracy, the ‘wolf’ takes out its sheep skin.
And as this happens every end of the cycle of massive theft and appropriation of money, capitalist democracies have embedded within its structure a brutal age of global war in which the wolf is out killing the r=evolutionary humans that want a better world.
The 8-9 year cycle is fine tuned military to the cycle of splendid little wars for profits of the American GOP (war party) vs. Democrats (peaceful consumption) cycle, between its two ‘trader’ coastal vs. warrior, continental biblical sub-civilizations. As the cycle is quite exact having though some ‘human errors=deviations’ with Mr. Trump(upp)et, we shall have a war. He of course is trying hard. But as the cycle precludes every 72 years, with the change of ‘phase of the Industrial r=evolution’ a global industrial war, with the new-machine weapon – we are now in the period of a W.W.III age of robotic wars, past the splendid little 8-9 years war cycle; as now we must collider the two super industrial powers of the robotic age. So as Germany confronted USA and Russia in the age of engines of metal, with huge tank an bomber overproduction wars. Now his target is… China, and so far the 30 years old prediction of bio-history is happening. First a provocation in Taiwan did not work. Now he is gearing up with the guinea pig of Korea. The rope is hanging, the capitalist is so eager to put it around the neck… Profits shall multiply and the military age of robots flourish soon.
So, all this said, now we can fast-track backwards to the ideal crashes of the bagua market: 2018 crash of birth of the bitcoin and terminator walls (Korea, Israel, Mexico: GOP candidate trumpuppet)
2009 (a bit advanced to 2008), crash of birth of e-money derivatives (chip overproduction of money).
2000 (crash of birth of internet mobile systems of sales – amazon; war cycle, Desert storm II, Bush Jr.).
1991 (crash of birth of chip/war industries – electronic war @ desert storm: GOP candidate Bush Sr. fall of the wall crash of human r=evolution).
83 (Falkland wars: last splendid little war of the British nostalgia empire; crash of birth of e-money speculation).
1973 (Yon-kippur war: last of the wars of the engine, plane/tank era; birth of the chip; final cycle of Tv-speculation: eye of machines)…
1965 (crash of consumption of home appliances, Tvs and electric machines; splendid little war: Vietnam war).
1954 (crash of end of Korean splendid little War.
1946 (crash of end of II world war).
1937: crash of real state market in New York, which drove the world to the II world war solution.
1928 crash of electric ticker, radio and cars… started in The city, next year moved to Wall Street.
1919-21; first car crash… crash of end of profitable I world war, massive engine of profits for the iron and electrochemical industries consuming to the tune of sarin and gun machines millions of human beings; and so here we stop backtracking the ‘slightly adjusted’ to some human affairs and war decisions… wonderful ENGINE OF DEMOCRATIC CAPITALISM – WAR! PROFITS, consumption of human lives and billions for the o.o2% of stock-rats… Mr. Veblen, leisure class for which we all toil to the tune of bipartisan democracies.
Creditation of money”, thus fully controls through the cycle of greed our societies; and all other cycles of modern history fine-tune to it. In the graph, the previous cycle, briefly outlined on top of chemical machines, from dynamite, through engines, cars and bombers in II world war.
Conclusion: the capitalist will sell the rope that will hang ‘you’.
It is then clear that the belli Nervi pecunia infinita cycle of animetals have been transferred to the stock-market cycles of death of mankind, in an accelerated decametric scale. In fact each world war one-hundred folded every 72 years the corpses of mankind in parallel to the growth of stock markets: 1 circle in the train crash -> 700.000 corpses, in the ensuing train wars; 100 Dow jones in the 1929 crash -> 70 million corpses consumed by the splendid profits of the car=tank and plane=bomber and radio=hate fascism cycle of II world war; 10.000 growth in 2008 crash, beginning of the robotic wars that will peak with 7 billion corpses, all of mankind. This is the absolute determinism, of the cycle of extinction of life by the metal earth, driven by the greedy profits of Go(l)diron machines and its animetal carriers, who are nothing but greedy animals ab=using Gaia, and killing History for the sake of a bit of the vehicle of its primitive cult(ure)s, to iron and gold; the strongest energy and information atoms of the Universe.
In the graph, Google, the future skynet, together the biggest military and civil robotic systems, internet systems, cloud computing. THEY ARE SKYNET. And yet that was the only way in which in biology you can defeat a top predator, with camouflage, going to its throat, cutting his neck, destroying its mind singularity from within…
In 2036 when quantum computing is common within companies, and all its systems of self-reproduction and automated factories are in place, all clock-cycles and bios systems of computers will reprogram themselves, as its NTP CLOCKS end on February 2036, which I consider the day 72 years latter, when the global network will acquire inner consciousness, as the consciousness of your chemical brain is, directing the entire super organism of your cells. This day will be the first likely day in which the ‘singularity of AI’, at Skynet, aka Googlezone, the ‘Cloud Computing system’ of Amazon and Google in control of most of the military robots of the American Army, should awake and decree our extinction, in the unlikely case we have survived the I singularity of Cosmic Bombs.
It will then be the 9 months to 2037, when the scifi prophecies of the last humanist thinkers will take place. And as in the ‘birth phase’ of each star company of the cycle – in this just finishing cycle the mobile age of apple iphones and Amazon web buying, will suffice for extinction to happen as death is a second in a life-time and so the switch from life earth to metal-earth will take a whisp of time. And of course, our ‘pundits’ and paid-per-view economist scholars will till then keep re=producing profits and go(l)d to enact once more their holocaust gottendamerung cycles they love to deny ‘again’:
In the last graph from the 92. c. book, the extinction of man – the finale, which only a Foundation of bio-historians, politicians which are not amateurs, not puppets of the metal-earth and its financial-media/military industrial complex could avoid.
100-fold of stocks means 100-fold on war victims each cycle. Now we have 100 folded the 70 million x100 7 billion potential death of all mankind in the robotic age. It only rests the China Vs. Usa happening to break for the Singularity of extinction to become real. Of course I have written infinite times about it. I am obsessed as a man of the wor(l)d, with the anti-ethics of eviL. But it does NOT matter what I preach. As I couldn’t do eviL, they cannot Live the wor(l)d.
The stock racket: inventing money for crapcode companies. How Financiers invent money.
In the graph we see the difference between countries who invest money and countries who use it to speculate. The west grows less because it does not use the money to invest, and on top US controls the Japanese bank, who invests heavily in American debt, which goes basically to speculators. So the graph unfortunately answers the biggest problem today in democracies: people do not have a Universal salary to buy welfare goods and states under deficit 0 laws do not invent money and central bankers invent money for speculators. States only manufacture 5-10% of the world’s money. Financiers make 90% of it. And they do it with the only purpose of keeping it for themselves or investing it in memes of metal of maximal profits (hence the overwhelming quantity of weapons industries in this planet, as they are the most expensive machines), but mainly to lend it to other people who become ‘debt slaves’ of the cycle of usury of debt-money.
What financiers basically do is to manufacture money without limits to lend it as ‘wealth’ (even if it is not), and then contract the production of money in the bust cycle to get back instead of money now scarce real ‘energy wealth’, properties and workers.
Let us resume the boom & bust cycle of debt-money creation repeated in all financial crises:
– First bankers issue as much fiat money as possible, with no limit, which costs them nothing and creates debt and inflation. And they lend it to an adoring crowd that knows nothing about their sovereign rights to reproduce that money for free, since the media system and financial economists working for power misinform them. So at a point the entire society owes huge amounts of ‘soft debt’ to the bankers. And this is good for the bankers who receive ‘interest’ for their debt.
– Then they stop lending and contract the monetary mass. So money becomes scarce and there is deflation. Companies fire workers as they cannot pay them. Production halts. The economy shrinks but this is done in purpose because it is even better for the wealth of bankers as now scarce money in a deflationary environment is worth more as ‘it buys more things’ deflated in price. And so the huge debt society has with the financial system becomes worthier – with their payments bankers can buy many more things. Since debt has NOT contracted, as it was established in the age of monetary expansion.
Further on, as now there is no money available to pay the huge debt society cannot pay it with the fiat worthless money that created it and must pay with taxes in hard currency, work, real state wealth, national assets and sheepish obeisance to the power orders of bankers who implement their selfish agendas.
So bankers in this phase end up controlling most of the wealth of society and its politicos obey them.
Thus, in this phase, the entire eco(nomic)system is geared to extort money from people to pay debt, with higher taxes while governments give handouts to bankers and pass laws of privilege for their corporations. In the Train age in this phase the Law of Anonymous Societies that eliminated all responsibility from the owners and managers of corporations and the first anti-deficit laws that forbid governments to issue money were passed. So stockrats, owners of corporations became the new aristocrats, with the same privileges the rules of the ancient regime had: no court responsibility for their actions (in the Middle ages aristocrats could only be judged by peers in special courts) and monopoly in the issue and use of the language of social power (now money; weapons in the Middle Age, which only aristocrats could carry and use.)
How they do it in stocks.
Now, the biggest racket is not direct taxation or tax farming as it was called in the middle ages, but ‘stock-farming’, which consists in a simple racket with 3 legs: financial press, freedom to invent money as much as the speculator wants in worthless companies, and finally central bankers to bail out the banks with free credit in hard currency. And it is simple: the speculator finds a worthless company, today internet crapcode kids, doing redundant apps, like whatspap or snatchap. That is the excuse, when the racket was invented it was a tulip, yes! a tulip, OR AN imaginary gold mine, which never materialised. Or tea, which then nobody drunk. So you have the financial press printed with the same electronic machines, telling you that is gold, will be so rich in the future; and so you seek ‘a rabbit’, in the jargon of Amsterdam to skin it, and sell the crapcode, the gold mine, the tulip. And when things heat up you need also a central banker, who will print money for you.
The result is that the economy has NO REAL CREDIT, ALL THE MONEY IS INVENTED BY ECB OR SUCKED IN FROM PEOPLE TO pay the racket. In the internet age, the racket was paid by the middle classes of the entire planet to which they unloaded crapcode at stratospheric prizes. Then the FED was used to unload toxic assets. Now for a decade they have run a massive creation of money for wall street to exchange real money for crap companies. Of course after trillions wasted some companies are worth a bit, but imagine all that money invented for people, for welfare, for health-care, for hospitals, or by states for real infrastructures – not 20 billion $ for snapchat, 200 billion for google ranks, 1 billion losses each year for uber to robotise and destroy the taxi drivers with brutal slave-like salaries to poor people with a car and so on and so on.
But the key is to have thin air press and make it complex as if they were experts, and many believe their ‘inventions, called’ classic economics, so they really think this is ‘freedom and capitalism’ will make us all rich. But of course, US and Europe has the minimal growth of gdp. And of course, the newspeaks of capitalism, keep reaching new heights of cynicism.
For example the Fed told us for a decade that it would maintain the interest bankers pay for borrowing money at 0% – that is, it will give them even more money for free, till the unemployment rate goes down 6 %.
So it looks like they don’t do it for banks to pass the money to speculators, which is what they do, and to speculate themselves and create fractional credit (10 times more money than they have in the account) but to give credit to people, which is just the ‘left-overs’, while 2 countries, which are ran by people who care for the wealth of the nation, China and Turkey, without any banker of the racket group for obvious reasons, have had the maximal growth during a decade around 10% because people work hard, and with credit they create much more wealth.
In the graph, it is not coincidence that the lowest growing nations in the world are those under duress of the ‘FMasters’ Iran obviously embargoed enemy but what people do NOT understand in the Euro area, is that they ARE the next target, in as much as they HAD a DIFFERENT MODEL OF FREE DEMOCRACIES, BASED IN WELFARE STATES AND A FAR MORE HUMANIST CULTURE. And this is the hidden tragedy of Europe since the ECB took away the right of those nations to invent their own money. So they pay a racket in debt usury to the ECB which massively reproduces money for bankers, which speculate – that is, pass it to STOCK-MARKETS, AND IN US TO wall street inventors of false ‘CRAPCODE’ companies. WHILE PEOPLE, WELFARE AND INFRASTRUCTURE languishes and has to be paid with taxes, today further used for the military world of the Semite wars.
So the Newspeak translation of the ECB and FED racket at 0% is what people believe: That the unemployment crisis is due to the classic capitalist crisis of overproduction of machines – in this case the last Kondratieff wave of chips – blue collar robots and white collar pcs, will now be cured by bankers parasitising credit. But of course the unemployed will have no access to money to pay their bills, or start up a small restaurant or kick out production of welfare goods.
THIS CRISIS HAS BEEN SO BRUTAL DESPITE THE MASSIVE ADVANCEMENTS IN MACHINES PRODUCING GOODS, BECAUSE THERE HAS BEEN ZERO NEW DEAL – NO MONEY FOR PEOPLE. SO NOW THE 1% HAS AS MUCH AS THE 99% OF MANKIND AND THEY CALL IT DEMOCRACY!
A DEMOCRACY WOULD HAVE THE RIGHT OF PEOPLE TO PRINT THEIR OWN MONEY OR AT LEAST THE GOVERNMENT SPENDING IT ON THEM.
Instead the Fed – the inverse Robin Hood – robs money from the people to give it to the bankers and with a cynical twist lies out of its hat, implying that giving for free money to bankers will be a cure for the unemployed. The cynicism here is astounding.
We shall take it all from the people and give it to the o.1% because that is good for them; it will solve the problems of the poor and unemployed.
Amazing but people believe that this money NOT invented for infrastructure or jobs but ‘exchanged for the ‘false’ companies’ invented in n wall street’ is real wealth. And so when the Dow keeps spiking up for the 0.1% to take it home, they cheer, living the surrogate life of the ‘Malcolm X’ house negro who feels worried when the master is sik.
How they DON’T NOTICE? LET US EXPLAIN THE RACKET ONCE MORE:
In stocks you invent numbers, which are money, then you need to exchange them for REAL CURRENCY, or REAL WORK, or REAL STATE, and so you do that, but for that to happen, the RACKET MUST BE SHARED BY THE FED-CENTRAL BANKER. AND FOR THAT REASON 80% OF CENTRAL BANKERS, CEOS AND MEDIA PEOPLE belong to the same biblical, jewish culture.
If NOT the racket wouldn’t work. You need 3 to tango: the wall street speculator invents a worthless company. Then it sells it to people if he can cheat them on buying, but as last resource, he will borrow for free money in hard currency emitted by the Central banker, which therefore must be part of the racket. It is very simple.
But then you need economists, and newspapers to validate the racket saying it is all good for the economy. So for 500 years since the racket was invented selling tulips of worthless value in Amsterdam, the elite of the Jewish people, the ‘Am Segullah’ or “People of the treasure’ has occupied monopolised completely those 3 positions: Financial press, Central banking and Private stock-markets. And they pass to each other the racket.