Saturday 11 January 2014

The money question as a whole - that politicians don't want asked.

The money question as a whole;

Economics is the study of the distribution of finite resources in a manner that leads to certainty and stability. The study of societies senior most balance sheet – which is its credit contract with nature.

Currency is the lifeblood of any modern economy – thus it is important to understand the role of credit and currency in the money system of an economy.

When you hear talk of right – left or centre of politics – that refers to the spectrum of ideas of how a money system should work to best bring certainty and stabilty to an economy.

Capitalism – the right of the spectrum - is the idea of individual private profit motive ownership - of every aspect of the economy – both necessity of life provision and luxuries of life provision – including credit accountancy and currency issue.

Communism – the left of the spectrum - is the idea of state ownership as a
co-operative on behalf of individual citizen members - of every aspect of the economy – both necessities of life provision and luxury of life provision – including credit accountancy and currency issue.

Centrism – middle of the spectrum – is the debated territory of a mix of the above to bring certainty and stability to an economy.

There is now a majority global consensus among economists – aside from a few minority pockets of tyranical slave-mindedness - that Capitalism and Communism - implemented in their full description - ultimately slide into caste class pyramid scams - that are offensive to individual human nature - that seeks dignified freedom of choice – thus lead to uncertainty and instabilty – thus the answer sits somewhere in the middle by cherry picking the best of the two ideas where they have been practiced thus far and discarding that – that causes uncertainty and instability.

Given the economy is essentially the body - of which - within it - money is a circulatory arterial system - that circulates currency - as the lifeblood of the economy – to understand how best to keep the economic body healthy – you must first understand the role of credit and currency in a money system to understand if yours is presently long-term healthy or not.

So in regards to New Zealand today lets explore these questions;
How does New Zealand's money system – as it is now - and predominantly has been – actually work?

Who currently does the credit accountancy of New Zealand's money system?

What circulates as currency in our money system and from who does our currency currently come?

Under what terms and conditions does it come?


Under these terms and conditions – as they currently stand – can economic growth ever cover the interest bearing debt you are forced to take on to attempt to achieve the economic growth?

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