Warren Mosler writes: "Seriously! :( [To fund public initiative for the nation of Japan] it's crucial that [their PM] pushes ahead with plans to raise a controversial consumption tax "
quoted from: Here’s what could make or break Abe’s reform plan
Hey, the fiat's gotta come from SOMEWHERE, right? :(
After all, fiat doesn't just grow on citizens! Nor Public Initiative, being the same thing.
Ya gotta wonder who first decided that public initiative - aka, fiat - was something we had to get from someone else in order to have. By the way, Peter Peterson offers public fiat, for a fee! So where did HE get our fiat, to sell to us? He prefers that you don't ask - supposedly to "avoid confusion".
According to accountants, our original debt started with the Big Bang debt event! One has to smell shamans or an orthodox economics priesthood at work here, touting an original debt-sin.
How else do you justify an industry that's more trouble than it's worth? Well?? Any theories? :)
They have to invent something! They may be killing us, but you DO have to wonder about the chutzpah of parasites that parasitize even themselves! Who knew that self-assisted group suicide was a protection racket? Priests and accountants and investment bankers throughout history, that's who. Oh, and their latest orthodox economics priestly order too.
We're all anti authoritarian-theists now, if we want to survive. There's always yet another Age of Reason unfolding, but only if we allow reason to be extended. That requires acknowledging emerging operations and exploring emerging options, not letting deranged shamans dictate which few public options we're allowed to explore, based on their presumptions. Orthodox shamanism has no shame, unless we apply it. Without feedback, frauds will always take just as much as they can get away with.
Viva la Public Initiative, including enough initiative to ignore deranged shamans. :)