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July 29, 2012
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Hi my friends,
I have been away for such a long time....
I have got very busy with life and job...

I have a lot to say here but lemme leave this much...
I have been reading a lot since a year...
and planning to write...
It took a lot of time to figure out what to write.
For the first part, I am right now digging thru our money system...
The most unquestioned system has inherent mechanics that
necessitate the creation of problems, creation of artificial scarcity
and nearly everything that comes as a consequence.
I am not an economics grad, but it is very frustrating to understand
things in the monetary system...

Money runs the economy and thus our lives are so dependent on it
and so, knowing about how this money is created is absolutely crucial...
absolutely crucial... still many of us don't know and have a unquestioned
faith on it... About the money system is a big chunk in what I am writing,
which I will create a blog and share it for free to everyone...
but essentially my focus is on the emergent nature of our world,
wherein the advancement of science and technology is creating
new psychological grounds by creating abundance and rendering
the most regarded traditional systems obsolete... and money system is
one such big elephant in the room....
This quote by M King Hubbert summarizes what I mean:
"The world's present industrial civilization is handicapped by the coexistence of two universal, overlapping, and incompatible intellectual systems: the accumulated knowledge of the last four centuries of the properties and interrelationships of matter and energy; and the associated monetary culture which has evloved from folkways of prehistoric origin. The first of these two systems has been responsible for the spectacular rise, principally during the last two centuries, of the present industrial system and is essential for its continuance. The second, an inheritance from the prescientific past, operates by rules of its own having little in common with those of the matter-energy system. Nevertheless, the monetary system, by means of a loose coupling, exercises a general control over the matter-energy system upon which it is super[im]posed. "Despite their inherent incompatibilities, these two systems during the last two centuries have had one fundamental characteristic in common, namely, exponential growth, which has made a reasonably stable coexistence possible. But, for various reasons, it is impossible for the matter-energy system to sustain exponential growth for more than a few tens of doublings, and this phase is by now almost over. The monetary system has no such constraints, and, according to one of its most fundamental rules, it must continue to grow by compound interest. This disparity between a monetary system which continues to grow exponentially and a physical system which is unable to do so leads to an increase with time in the ratio of money to the output of the physical system. This manifests itself as price inflation. A monetary alternative corresponding to a zero physical growth rate would be a zero interest rate. The result in either case would be large-scale financial instability." - M. King Hubbert

We are at a pivotal point in human history...
some say this is the 6th mass extinction going on now...
some say the climatic changes going on because of human activity even if some parts of this argument is questionable
some say the debt culture + resource depletion + environmental destruction have been very successful in destroying many civilizations/societies in the past...and today it is happening on a global scale...

It's a culmination of all of it...

Friends, I think mankind is fighting its ultimate battle with its single most enemy... Ignorance...

You are all in my thoughts... Whatever I contribute for this world intellectually, I would give it for free and for all of us...

Not sure when I will be back again my friends... Given one life we need to understand the predicament and figure out a
way out of this multidimensional crisis.... [if thats a right term]

E E E - Economical crisis, Environmental Crisis, Energy crisis...

We need to educate our children about the importance of the three E's and their complex inter connectivity, relationship and symbiosis... and not be lost in specializations...

See you my friends... will talk to you as and when I find time...
I love you all...

Rama...
  • Mood: Big Grin
  • Listening to: Afro Celt sound system
  • Reading: ...
  • Watching: my balding hair
  • Eating: ...
  • Drinking: coffee
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:iconckp:
hi Rama

good to hear from you after ages.

I agree with your reading of money.

For the last few months I have been actively trading in the share market.Not big but it is giving me an insight in the stock market.

Money is a fiction I realise in more than one sense. Like a few companies shares I bought a few years back and did nothing about it...literally one fine morning I find that they have appreciated may be 15 times. Rupee hasn't gone down that much. Nor have companies suddenly gone into overdrive. Then where has this increment come from?
Then the net worth of my portfolio changes every trading minute. Apparently a share I bought for 200 two weeks back is 210 now this morning and I sell it and make 10 Rupees. By one phone-call.Not stirring out of house, just check the stock market and phone my trader.Those 10 Rs are real, they go into my account and stay 10 Rs. By the end of the day the share drops to 190, affecting my portfolio worth but unless I sell it at that price loss is 'unrealized' as they say in trading terms. That unrealized profit or loss is the fiction part and realised profit or loss is the real part. The two don't have to go together but for a vast majority unaware of the monetary system the fiction is real.For a minuscule 'smart' the real part is real and they concentrate only on that. Making literally millions out of nothing. While as the majority is programmed to believe that the fixed salary they get is what they deserve and they would be wise to stick on the job whether they like it or not.
Their slogging makes the creamy-layer's existence possible.
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:iconbobby-sandhu:
`Bobby-Sandhu Jul 29, 2012  Hobbyist Traditional Artist
You know what you need to do...get out of your Edmund Spenser... stop being poet's poet. Start being the Layman's bard... You need to start talking like a layman, so that everyone can understand the point in simple terms.

This is the reason why there is so much ignorance, as these theorists keep talking in their jargon and only an elite few really understand what they are talking about.

What you need is what Al Gore did with An Inconvenient Truth.
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:iconscart:
Keep kickin brother...
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:iconvasodelirium:
good to see you are ok!
missed your work!
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