Hot Chillies, Hot Money

With very many things in this life, words and their meanings have a great significance on the likely outcomes of any venture! Stick a really hot chilli in your mouth and YOU ARE ON YOUR OWN IN THE PAIN AND DISCOMFORT! Doesn't matter what the public egging-on conned you to try.

Take the phrase 'precious metals.' Precious to whom? To the guy who wants to sell it to get cash money? To the obsessed person who wants to horde it?

It's part of this typical modern generalised nomenclature that means just about anything anybody wants it to mean! 'The precious metals markets...' What is that? I don't know.

Whenever gold does a sudden backwards summersault, the top end advisers bring out this idea that well, it only ever was insurance against some kind of cataclysmic event in the paper currency world – and of course, everyone knows that you have to pay for insurance, and the small percentage of time during which the gold price was down is how you 'pay for that insurance' overall. Or some variation on that argument.

The important thing to watch for is if ever there is a falling-out between members of this all-pervading global cartel of paper currency printing and political elite. Just as what happens when a rigged horse race suddenly comes unstuck for any number of possible reasons, the rich owners and powerful bookies all run for cover and get this look on their faces similar to Bruce Banner's Hulkian colour change.

Which leads me to what I really want to post about: the 'world's hottest curry...'

Ghost Pepper - world's hottest, they say...

In England, the 'world's hottest curry' idea is based around the 'world's hottest chilli' idea – which relates to what is called the 'Bhut Jolokia' ghost pepper chilli. By official accounts, this thing can rate up to six million Scovile units. Which is great and all and I have seen the YouTube video clips showing a few english lads and one famous doctor undertaking the adventure of consuming a plate of the world's hottest curry made using six of these super hot chillies.

Now I grew up in a kitchen full of Tamilian people who knew stuff from days of yore. Everybody who cooks traditionally, using chillies, knows that as soon as you cook them, you tone down the heat. Not that I am rubbishing what these english fellows are saying or doing – just that you can get a curry up to even higher (if you want to do that) heights of 'chilli power!'

Bhut Jolokia chillies are firstly, not the hottest chillies in the world – but there is absolutely no way that I am going to say which are – DHS might prevent people from acquiring them. Any of the really super hot chillies – Jolokias, Nai bird's eye, even certain Scotch Bonnets, are so potent that the steam off them will blind you if you get too close to the plants when the chillies are ripening in hot sun. And by the way, I don't tell lies here so if you check up about it you will find that what I am saying is the plain truth. The steam alone, will burn your eyes badly, and you won't be able to see properly for a day at least. Police and military pepper spray is not significantly more potent than what you can extract from a Bhut Jolokia.

However people – including the police – are confusing the effects of capsaicin, with other compounds that produce the longer term burning sensations when you actually ingest certain 'hot' natural substances. What produces the truly hottest HOT curry, is the combined effects of ginger and black pepper. Whilst in the case of chillies, odorant (smell) compounds from off chillies produce a sensation of pungency so strong when in combination with the capsaicin in the chilli, that you can think the experience is overwhelmingly burning.

But, simple though it sounds, putting too much ginger in a curry together with fresh ground black pepper, will utterly destroy the eater in a way that will send that person to hospital. Adding real fresh uncooked Jolokia chillies after you have cooked the curry and are ready to serve it, will produce an odorant gas that will literally burn your face before you get the spoon to your mouth.

Of course, those who can eat a curry like a proper Indian – with your fingers and not with a fork and spoon – will not marvel as to why some Indians have very red tongues and very pink skin on the sub-liminal faces of their skin.

...And what does all of this have to do with money. W-e-ll, I'll tell you. Eating at the spiked monetary curry table of the Fed, or the ECB, is like those english lads laughing and falling about when they are testing the 'world's hottest curry.' Yes, it's hot. And no I personally would not necessarily try it. Some people say the english doctor hallucinated in the middle of his 'hottest curry' adventure, although he claims not. Hallucination, wild and exaggerated claims, and a lot of knock-about humour, is however, closely equatable with attempts of the Fed and others, to manufacture value from out of nonsense. The yardstick of value – and values – is distinctly different, from what the Fed has any brains to think about, in terms of creating and sustaining economic growth in a worthwhile society of human beings.

'Worthwhile,' and 'human,' being very key words.

Jaguar customized in Iran by designer Hossein Yekta.
No special reason for pic!

The Australian economist Ross Garnaut, who was tasked with the Australian Carbon Tax report, recently commented that central banks had been arranging the flow of low interest 'money' into economies pressured by conditions that could have led to a Depression and had thus averted such a thing (I'm freely quoting him, but it's close enough). However the thing they are required to do is arrange the flow of CREDIBILITY into governments, banks, financial ventures, stock markets, politics, and risk/reward situations. And failure to admit that THIS, is in fact THE MOST IMPORTANT THING OF ALL, is going to wind up with a visitation of fate befalling all those knock-about lads pretending to know what it is all about when it comes to economics.

For if a government lacks credibility, and they resort to the power of their enforcement arms to have their way, they automatically lose the moral authority that allows them to have a government at all. We in the West have pillaged much from Ancient Greece, and have yet forgotten that the Greeks also invented anarchy. Anarchy actually simply means not having one overarching government for all and thus forcing each individual to be his own government for himself. In this situation, tell me, what is the form of money that you will be prepared to use and can rely will work for you?