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Monday, March 24, 2014

Currency Is Simply NOT That Complicated, That We Must Pay A Small # Of People Enormous Tribute Just To Keep Everyone Else From Denominating All Waiting Transactions

 (Commentary posted by Roger Erickson)



Take OpenSource Software, ..... please!

Here's just one of many examples.
Countries Save $149 Million with OpenSourse HR Software
(hat tip Peter Groen)
Do babus know about this? :)

The Taliban are probably already using it :( Not to mention the Comrades behind the Noodle Curtain.

Some may immediately ask what the connection is between OpenSource Software and public fiat currency. Go ahead and struggle. Someday you'll understand. For the good of mankind, let's hope that that day comes sooner rather than later.

This is so repetitively boring, to see so many people struggle this much over things this trivial. It's as though no one except physics students ever learns the slightest implication of thermodynamics. Then those dullards call physicists arrogant! Go figure.

You want to see dull arrogance? Watch Comrades & Capitalists argue over whose Public Initiative exchange rate is held "artificially low." Might as well bring back the Tsar & King Louie to discuss the relative value of Russian & French serfs.

What do you suppose it would take to have an OpenSource REAL WorldBank?

Say, a WFTAF - "World Franc Talk About publicFiat" - agency? :) Anyone want to start one?

And an IMIF too? (International Monetary Infinite publicFiat)

Bitcoins you say? The most laughable thing about BitCoins is that the dullards trying to design the early versions have immediately complicated transaction denomination with a "stable store of value." Classic mistake by those too slow to think. As usual, someone immediately "steals all the fiat." Doh! Why not just let any & all domestic merchants/accountants/consumers link triple-entry credits to all products and services? Why, that would be just like a real fiat currency! Wotta thought.

Currency is simply NOT that complicated, that we must continuously pay a small # of people an overwhelmingly dominant tribute just to keep everyone else from denominating all waiting transactions!

Just how slow witted, meek & submissive ARE the bulk of non-physics/mathematics/systems slow-thinkers, that they cannot more quickly grasp the difference between dynamic and static systems? And why are we beating ONLY static-value concepts into the heads of all students and citizens, while beating out any natural appreciation for dynamic-value.

And, all while complaining that we no longer have agile policy?

You have to stare in slack-jawed wonder at the distributed ignorance! Especially among all those who got PhD's in orthodox economics!!! There's no explaining it.

OpenSource Thinking. Is there a rate-limiting tax on that too?


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