Recent content by BrentonEccles

There definitely is machinery that can and will substitute for that. As Ozymandus said, most people use ATM's (this is an excellent example of technological unemployment). And in large part, the reason why we have this service sector of fixing LCD's and laptops and all that shit is because the...

To an extent. We're both going off on mega-tangents here. Tomorrow I will address these issues properly (it's nearly 3am here). The problem is not necesarily just the central banking model itself, but fractional reserve banking as performed by the corporate banks as well. This will suffice for...

The debt -cant- depreciate because every dollar (every single, none excluded) is owed back with interest. There is no dollar 'free' of this. The idea is that the principal is expanded on top of the (private) loan created, but this doesn't work in the long run. There are a lot of interdependent...

There's a huge problem with this, though. Because GDP can't continue to rise when unemployment is rising, except in the case of technological unemployment which essentially keeps the wealth out of the hands of the public anyway. I'm not disagreeing with you. If the demand is high, and the...

I'm sorry, but if he really did rise again then it's not a sacrifice. Sacrifices don't come back to life, by their very nature. I never read about a successful sacrifice on an altar getting up and walking off at the end.

Yes. The only thing that really gives it value is how much is in circulation, and your confidence in it.

You're quite right that our potential output has increased since WWII. However, that is in the longer term part of the problem. I'm sure you're aware that monetary economics benefits only when products are scarce. So it's not the interests of industry to seek out holistic approaches to...

Well, in response to the underlined that is untrue. What is actually happening now is continuing expansion (which is what the growth in national debt basically is, as I'm sure you're aware). Unfortunately, the nature of our monetary system is that sooner or later it has to contract back inward...

Well I hope it does. Regardless of the fact that it sources reputable documents, you should approach all things with skepticism. Dogma is useless and dangerous. On top of the information I've already linked out to, you might like to see the event that went on in nyc (and part 2) in march.

I'm quite aware of that. I'm sure you know that one of the prime causes of the Great Depression was that debt levels were way too high. And I'm sure you're aware that, debt levels are -way- higher than what they were then because we can just print money now. Just so I can expand on the issue...

I think that's where this systemic collapse comes in. If people haven't got faith in the monetary system and their leaders anymore, then that's the beginning of the end. Need I expand on the monetary collapse, or do you understand that the debt levels are unsustainable, etc,? I think when some...

I'm sorry if it comes across like that. I don't mean for it to, but I guess my use of language might have that sort of 'essence' to it. I'll paraphrase sections of Addendum: Section I: Our monetary system is experiencing this failure because debt (amount of money) is at record levels because...

So your location (environment), through evolution over time, affects things like eye color variant?

The general public need to know what is actually going on "out there" in the monetary system - most people seem to have no idea (mainly because the information isn't readily available), and I think that most here would feel a sense of responsibility to educate the public about the true...

Have you seen Zeitgeist Addendum? Uses U.S. government source to explain the economy. "Zeitgeist: Addendum, attempts to locate the root causes of pervasive social corruption, while offering a solution. This solution is not based on politics, morality, laws, or any other "establishment" notions...