The reality of economics is a zero sum game.

The reality of economics is a zero sum game. The federal reserve or the central banks are there to give an illusion that it is not a zero sum game by pumping money into the system. I wonder how long this can really last.
What do you think?

reply to post by saabacura


I think it's allready a disaster waiting to happen...
That's what the f... elites wanted all the time...
To destroy society, humanity THIS WORLD!

John Fitzgerald Kennedy started something GOOD but was rapidly "quieted down" / blown his brains out...
www.john-f-kennedy.net...

" With the stroke of a pen, Mr. Kennedy was on his way to putting the Federal Reserve Bank of New York out of business. If enough of these silver certificats were to come into circulation they would have eliminated the demand for Federal Reserve notes. This is because the silver certificates are backed by silver and the Federal Reserve notes are not backed by anything. Executive Order 11110 could have prevented the national debt from reaching its current level, because it would have given the gevernment the ability to repay its debt without going to the Federal Reserve and being charged interest in order to create the new money. Executive Order 11110 gave the U.S. the ability to create its own money backed by silver.
After Mr. Kennedy was assassinated just five months later, no more silver certificates were issued. The Final Call has learned that the Executive Order was never repealed by any U.S. President through an Executive Order and is still valid. Why then has no president utilized it? Virtually all of the nearly $6 trillion in debt has been created since 1963, and if a U.S. president had utilized Executive Order 11110 the debt would be nowhere near the current level. Perhaps the assassination of JFK was a warning to future presidents who would think to eliminate the U.S. debt by eliminating the Federal Reserve's control over the creation of money. Mr. Kennedy challenged the government of money by challenging the two most successful vehicles that have ever been used to drive up debt - war and the creation of money by a privately-owned central bank. His efforts to have all troops out of Vietnam by 1965 and Executive Order 11110 would have severely cut into the profits and control of the New York banking establishment "

The reality of economics is non-existent. The entire economics-centric society we've built has no reality other than our shared buy-in. The apparent zero-sum game of economics results from the rules and principles of the game - not observation and analysis of any corporeal (real world) phenomena - rules of THE GAME (a simulation - i.e not real)!

I am not saying one could conduct one's affairs without interacting with "The Economy", until and unless a new level of societal awareness is achieved that would be absurd.

The reality of the shared halllucination called "economics" is undeniable. It's also completely optional, but like many simple yet advanced concepts, our preconceptions (given facts, known information) limit our awareness.

ganjoa

WIKI:

E.O. 11110 was never reversed by President Lyndon B. Johnson and remained on the books until President Ronald Reagan issued Executive Order 12608 on September 9, 1987 as part of a general clean-up of executive orders. E.O. 12608 specifically revoked the sections added by E.O. 11110 which effectively revoked the entire Order. By this time, however, the remaining legislative authority behind E.O. 11110 had been repealed by Congress when Pub.L. 97-258 was passed in 1982.

The purpose of the economy is to facilitate trade amongst supply and demand. Different economies have been backed by different rules and resources over time and location. Basically it is about measuring the social input of the individual and allowing them to reclaim their input from society with other goods and services. This basic ledger has become very distorted and corrupted over time as some individuals through might and other techniques have taken what was rightly due to someone else. Now we have many people living on $1 a day while a few others are on Billions of dollars a year. This measurement of social input has lost its way.

There maybe some parts of the economy that add up to zero, but this is because these systems are worthless. The real value of the economy is seen in the cities, towns and other places people live with the resources they have and share. For an economist to say economics is a zero sum game means that they are tired and confused with all this mess that fails to add up. They have lost sight of what the economy was suppose to do.

If this is true, why is there a much higher population, that still live much more comfortable lives? Production is not an illusion, it's the only way to amass wealth. Redistribution produces nothing.

The myth of the zero-sum-game is one of the most pernicious of society's delusions. (It all goes back to Smith's misconceptions, but that's neither here nor there.)

Look, no resource is ever "discovered", it is _created_. Finding iron ore isn't a resource. Inventing smelting turns it into one. Similarly, you can starve to death in the middle of a wheat field if you don't know how to make flour. It's why Malthus has never been right: the amount of food mankind can produce per square meter is limited only by his technology. No, what we need to be focusing on is finding the best ways to grow the pie. Finding the technologies (probably in materials science, nanotech, biotech, and renewable energy) that best let us, as Bucky Fuller put it, 'do more and more with less and less'.

Frankly, this exact question is one of the reasons why I think it's so important to get a self-sufficient industrial base in space. We need to snag a NEO asteroid for raw materials, and power and volume are both readily had.

Originally posted by kwakakev
The purpose of the economy is to facilitate trade amongst supply and demand. Different economies have been backed by different rules and resources over time and location. Basically it is about measuring the social input of the individual and allowing them to reclaim their input from society with other goods and services. This basic ledger has become very distorted and corrupted over time as some individuals through might and other techniques have taken what was rightly due to someone else. Now we have many people living on $1 a day while a few others are on Billions of dollars a year. This measurement of social input has lost its way.

There maybe some parts of the economy that add up to zero, but this is because these systems are worthless. The real value of the economy is seen in the cities, towns and other places people live with the resources they have and share. For an economist to say economics is a zero sum game means that they are tired and confused with all this mess that fails to add up. They have lost sight of what the economy was suppose to do.

perhaps you are going way too deep into this. Which is pointless at this point now. No matter what you think it may or it is. cause it is not now