Dave VolekWe are heading for a currency collapse:
#tiereddemocraticgovernance
#mmt #modernmonetarytheory #economics
Rachel has moved...!@davevolek For the love of god please can we just establish a formal global surplus recycling mechanism at the IMF and remove special privileges from the US and other G7 dictactors? Please, please. For the love of the sweet baby Jesus I am so tired. Please someone read The Global Minotaur. Please. I am begging you. I am begging.
@resl
There has been many books with good ideas and these books became popular. They should have changed society, but they did not.
I suspect "The Global Minotaur" is one of those books. The world will not change direction if I read that book.
I have about 10 books on my Kindle reader. I'm trying to finish one about Nelson Mandela. An inspiration for those who plan on protesting in the next few months.
@davevolek BUT DO THE PROTESTERS HAVE A GOAL THAT, IF ACHIEVED, WILL ACTUALLY SUSTAINABLY FIX THE ROOT OF THE ISSUE OF AUTOCRACY?
Please excuse me for scream-typing. The world will absolutely change direction when you read The Global Minotaur, as it does no matter what, at every moment, because that is what it does. It changes, as we do, with every thing we do and read.
Please do not underestimate the importance of international monetary policy on the global military industrial complex and on the myriad attempts at government that fall under it.
I agree, the protesters have no real plan for after the protest.
But I have zero influence. I have been working on my alternative democracy since 1997. No one has taken my ideas seriously. I kind of doubt anyone is going to listen to me when I rail about the Global Minotaur.
Having said that, I believe the international banking system has lots of problems with it. We should not expect current democracies to fix them.
We need to change the system first.
@davevolek That is important -- that there is or is not a plan, a clear end goal. That is what I have figured out and though it is not as simple and easy to explain or persuade people to accept as I wish it was for me, it is nonetheless sound.
You have a nonzero influence. Your dedication to putting your thoughts into writing and trying to share them over long periods of time is admirable and at least made a good impression on me, despite that admittedly I have still not really studied your work in depth and when I began to read it, my first thought was, "It will be great to read and discuss this but only once I find out if he understands what I understand about international monetary policy and the scheme I have in mind involving the global labor movement" and I still think that.
It's OK that we are nobodys - it is still possible for us to change the world by troubleshooting until we do. It is possible and I agree about "current democracies" and would even go further and say, "there are no meaningful democracies, because all states are compelled to compete for dominance within an international autocracy" so that is what I believe must be transformed first.
stephenhayes@davevolek Currencies don't collapse in healthy economies where public debt is denominated in the currency that is issued by that economy's government.
This is why cuts to public services are a fundamental mistake. If you hurt people, then that IS the economy that you are hurting.
Where infrastructure and supply chains are actively supported, there is no danger of devaluing all the way to zero.
Yep. Laying off all these federal workers will mean fewer people to attend baseball games or do touristy stuff.
If a government department has become bloated, there are better ways to deal with the problem.
When when phrases "government is the problem" circulate, we get solutions that do not do much good.
We need a new way. Follow my byline if interested.
@davevolek Following.