Showing posts with label neuter_the_fiat. Show all posts
Showing posts with label neuter_the_fiat. Show all posts

Friday, January 31, 2014

The Campaign to Neuter Our Fiat

   (Commentary by Roger Erickson)



Neuter our Fiat?
May the gods, universe and our own MiddleClass please take pity upon these sad people for their lack of insight, and lack of situational awareness.

This is a growing, ironically "well funded" and strangely distorted campaign. These folks do NOT grasp semantics OR fiat currency operations.

Over 2000 years ago the Sophists "proved" - using a linguistic loophole since named semantics - that if you owned a cat, and that cat was a mother, that it was therefore "your" mother. Ergo, we all have a responsibility to neuter our mothers.

It took over 2000 years before Walter Shewhart noticed the depth of the resulting problem, and publicly declared that


Seriously, I'm more than half afraid that the Neuter-The-Fiat campaigners might endorse the same faux "logic" - and start neutering their mothers.

After all, just because the process by which a nation creates it's own, sovereign fiat currency is referred to by accountants as a "nominal," fiat debt, and is an expression of Public Initiative or "fiat," .... semantic sophism dictates that the nominal fiat accounting "debt" is OUR real "debt," right? Weepin' Erbles in a Marriner Eccles trap! Is that the best we can do here in the USA, in the year 2014?

Hence, a foolish population and it's public fiat are soon neutered, and hoisted on their own semantics. Worst, the emasculating campaign is funded, ironically, by the very people most desperate to maintain the buying power of their hoarded fiat currency. They desperately want to stop the flow of what they want! What can you do with such simpletons? Send them back to highschool?

Maybe the people running the Neuter-The-Fiat campaign will fall for a dose of their own logic? Fine. I hereby suggest that they maintain their cranial blood pressure by tightening a tourniquet around their neck, one twist per day, until their middle section gives up the battle & dies. They'll succeed, by stopping the flow of what they want.

Maybe it'll werk fer thum!