To Fareed Zakaria at CNN___The World’s Last One-Hundred Years, Most Important Event

I'm republishing this post of June 23, 2008, as I feel it's so important to be thoroughly understood:

(New June 29) The World Finance Crisis & the American Mission, By Robert Skidelsky

To Fareed Zakaria at CNN___The World’s Last One-Hundred Years, Most Important Event

Hi Fareed, thanks for the program, it’s great___Keep up the fine work… As to your question; “What’s the world’s last one-hundred years, most important event?” That, transactions’ mathematically factually, would definitely be Nixon’s `71 and `73 decisions to end the gold std. and the Bretton Woods system, and replace them with the longest era of currency tariff manipulations of nations’ trading systems, the world has ever known___Almost all the world’s excess off-shoring, excess arbitraging, hedging and speculation, is controlled by this one famous inane, freely-floating exchange’s, decision era. This has evolved into the system of extreme currency tariffs and subsidies, of between 400% and 800% actual ppp(actual purchasing price parity, and not the false purchasing power parity) exchange rate differences, between the developed world and the under-developed world, especially when Japan’s over-valued, and the BRIC’s(Brazil, Russia, India, China), and satellites, under-valued currency tariffs and subsidies are considered, at the extremes. The extreme economic senility, of trillions of dollars, of capitalist system costs added, by this “Kabuki Shadow Banking” mafia-capitalism’s imbalanced system, hasn’t been seen since China and Japan, some 600 and 400 years ago had such imbalanced currency systems’ standards, with China at 10 to 1, and Japan at 6 to 1, silver to gold ratios, when the West was at 14.5/15 to 1. History clearly records the devastating results of these collapses, when just semi-free, yet vastly imbalanced currency systems’, trade was first, large scale, tried, between the East and West. It wasn’t pretty…

Extremely imbalanced currencies, ARE, Extremely High Trade Tariffs, and opposite direction Trade Subsidies…!

The world can handle 10% and 20% imbalanced currencies. It can not handle 400% to 800% true PPP Currency Imbalances. The Derivatives $596(now $592, down from a high of $684) trillion markets(now fast expanding, notional transactions turnover trading value, per year___BIS numbers) simply put far too much financial pressure on Capitalism’s Aggregate System Operations’ Costs, as is now being clearly witnessed in our financial markets…

Unless we take down the extreme global currency tariffs and subsidies systems, by instituting a new “International Financial Architecture” re-balancing system, of sliding time scaled, self-balancing laws, capitalism is mathematically transactions guaranteed, to fully collapse, with all the system and currency raiding, taking place, by none other than Nixon’s, originating and now fully grown, Corporate Currency Raiding Mafia-Economists & Co... The show continues…

Dr. Paul Einzig’s complete works, some 65 books, verify the above facts, along with hundreds of other historical financial economists’ books and facts …

It’s time for America to awake…

Lloyd Gillespie
(a polymath, autodidact economist)

p.s.
As you'll have noticed, I wrote this warning before the Sept. collapse...

A Universal Philosophy of Pure Liberty, Natural Money, Aesthetic Ecology, and Value Validity Proofs of Peirce’s Pragmaticism and Abduction…

(NEW) Krugman's Nostalgianomics, by Brink Lindsey I agree more with Paul Krugman than Brink, but this paper offers many facts, otherwise...

“CHARLES SANDERS PEIRCE” by Josiah Royce, with W. Fergus Kernan

(Note)Extremely clear and concise ideas and graphs’ explications presented. (Exact Logic = Numbers = Analogical Graphs = A Universal Analogical Language of Genericity = Possibility of A Perceptual Wisdom of Analogical Pragmaticism)

“The upshot of the first phase of the proof(pragmaticism) is that logical goodness is goodness of inference and goodness of inference, which is validity, is to be understood as conformity to an ultimate end. This advances the proof because Peirce is interested in the nature of belief or assent insofar as it is voluntary. Voluntary belief is belief that is subject to the check of logical criticism through the criticism of inference. Since inference is a purposive activity which controls belief, belief in general must have a purpose. A reasonable conjecture, which Peirce makes, is that the nature of belief can be uncovered by finding out its purpose [36] and that its purpose can be understood by investigating the aim of reasoning in general.” Jeremiah McCarthy

Many following this blog may ask, “Why is he tying so much philosophy and physics in with his economics?” That’s a reasonable question and here’s the answer. Twenty-five years ago, I discovered an entirely new economic model possibility, for our ailing world. After several years of relaying my ideas, I came to realize I possessed no real(exact logic) mathematical proofs for my system, so I started searching, but where was I going to look, as I knew the world’s mathematics systems were so corrupted? Thinking it over, I decided physics may offer the best shot, because I could see the graphical models of their maths, but this proved a dead end as well, just as economic maths had, earlier. Then I decided to return to my much earlier studies of philosophy, as I knew they contained the largest library of laws and mathematical ideas’ histories. Since I knew I couldn’t find the information elsewhere, I started re-stumbling through the past’s greatest and not-so-greatest philosophers. Continue...