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Wednesday 15 November 2023

Creative Not Pragmatic

Over the last few days I have been mulling over using the word 'pragmatic' here - as in 'behind the front that this place shows, is a pragmatic...'

Except it is not pragmatic. 'Pragmatic' means matter of fact and practical, which yes, this whole place is that behind the scenes - but the word also contains the implication of lacking the intellectual or to the exclusion of the artistic, the idealistic, or the creative -, and it is anything but that.

This, I guess is a little bit
pragmatic...

So yes we are doing things at the end of the day for an Autism Youth Employment project - which is a pragmatic goal. But even in that there is no intention to be dull and boring and lacking the intellectual dimension or 'not creative.' Gee, far from it!

The front end (this place here where you are reading) is designed to be at least somewhat interesting as much as we are able to make things.

But if you have that intellectual sense about you, you will at a certain point not just be able to 'read between the lines' but suddenly get a surge of energy, a sense that there is a lot going on, and some of it will be very interesting to you personally.

Take this, for example - here is the promised V. 1:0 of the White Paper on Wines (still needs to be close-copy edited; probably has some typos in it):

Authentic Aged Wines in a Global War Economy Era


This document does not deal with the marketing of or the eventual selling of or even any of the storage requirements for keeping collector wines.

Nevertheless you will find it pretty interesting and it should lead your mind towards wanting to get a grasp of the practical (pragmatic - lol) aspects.

You trust me when I tell you this. In a world where there are all sorts of problems out there - and each and every day you have challenges in your life. 

This is less pragmatic...

...There are characters at your work who harbor no good will towards you (or likely as not, to anyone), there are costs of living pressures that eat away at plans you want to make and follow through on. There are economic conditions breaking apart social bonds, and there are people in ivory towers who have subverted the democratic ideal and act with powerful financial and monetary tools to advantage special interests at the broad public's cost.

People die because of Recessions and Depressions. The Fed has been accused by politicians in the past of being nothing but cold-blooded murderers in behalf of elite interests disconnected from ordinary people.

Farmers and saw-millers and cattlemen lost their livelihoods many times in the past, before the Twenties and then again in the Great Depression and afterwards too, and sometimes those industries or the privately-owned segments of those industries never 'came back.'

We are at the same spot again now.

But you are not at that spot. You are, yes, in the same times as others, and you are in among them, and are surrounded by them, but you are not accurately-speaking, exactly one of them.

Right now maybe you still don't see how this can be so...

Yet read the short text the link takes you to, and roll it all over in your mind what you read in there. Perhaps some thoughts and ideas will arise by themselves from out of your own thinking. Perhaps not yet.

Hindsight is of course, an exact science. But for those who have literally been to the future and are able to as it were, 'look back upon us now,' from that vantage point - it is an art what they do with what they have seen.

This is not pragmatic at all!

Remember this: property and estate are generic things now, and they are commodities - they are all packaged up into 'mortgage-backed securities' and sold as commodities for real.

Now commodities go down, because of volume and efficiencies of scale; they don't go up.

The story that there is a shortage of supply of real estate and a larger demand for it is a fairy tale told by the marketeers and banks.

And by politicians and by central bankers operating on the money supply.

Just keep all that in mind when you think you know what is going to happen next.

...There are always some, a tiny few, exceptions here and there.

But what are the metrics behind any idea that some real estate can or will appreciate ten or twenty-fold from here, in a few short years from now?

The expansion of the money supply required by such a scenario, would send the currency down the drain so fast your head would spin watching it all gurgle away.

And then the inflationary effects would be staggering.

So consequently those things will not be allowed to happen by a combination of government administrative actions and central banking money supply interventions.

But here is the thing - no one, not anyone in either government or the Fed (or any other central bank in the world) can 'control' inflation and nor can they control the monetary velocity circulation once it takes off, not by quick effects of policies alone.

Because.

You can't 'control' money. You might think you can, and you can certainly convince the dumb voting public that you can and have the power - or the powers - to do it, but you will always end up making excuses for why you didn't.

'Money' is what the users of it all say that it is.

At one point it was gold and also silver - according to an arcane or magical ratio of 1:13.5

At another point it was what Lincoln said it was because he had just won a Civil War.

And then later it was what Marriner Eccles (Chair, 1948) said it was because the US had 'won' World War II. At the start of WWII US national debt was around 8 billion - at the end of the War it was at around 280 billion. Debt on its own does not cripple a currency.

Right now you think you know what money is because you have (maybe) been paying 'it' (or something, some 'token') to your mortgage.

And then when enough players in the generic commodity world of 'mortgages' find they cannot pay it, why then the 'money' they are/were being asked to hand over will have less moral cause to them although it might yet still have essential monetary meaning.

Except not that either.

It will have restricted monetary meaning.

It will not have actual broad monetary meaning. 



2 comments:

  1. Have you read "The great taking" by David Rogers Webb? https://thegreattaking.com - I read the book online (free) and ordered a copy to share with friends. Many things (the reasons of why they are happening) became clearer to me. "Money velocity", the Great Depression, the reasons to have many trillions in derivatives obligations - all is explained. Highly recommend to read it...

    ReplyDelete
  2. I like the money that Klaatu's people used. They weren't diamonds - they were something else...

    INT. JEWELRY SHOP - MED. CLOSE SHOT - TOM AND JEWELER

    The shop and its glittering display cases, which were brilliantly lighted in the previous scene, are now gloomy
    and dim. All artificial light is off. The Jeweler is a bright-eyed old man of seventy with a middle European accent. He is completely fascinated as he examines the diamond Tom has
    given him...

    TOM
    Is it worth anything?

    JEWELER
    I have never seen such a stone. Will you please tell me where it came from?


    TOM
    That's what I wanted you to tell me.

    JEWELER
    (overwhelmed and absorbed by the stone, he shakes his head,
    bewildered)
    There are no diamonds like this -- any place in the world.

    Impressed by the import of what the man is saying, Tom's mind is racing wildly.

    TOM
    You sure about that?

    JEWELER
    (eagerly, shrewdly)
    Would you like to sell it?

    TOM
    (picking up the stone)
    Thank you, no.

    JEWELER
    I'd give you a very good price.

    Preoccupied with his own excited thoughts, Tom has already started for the door.

    ReplyDelete

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