Re: Seminar Introduction

[Hyman Blumenstock <hystock@xxxxxxxx>]

I can't believe such obtuseness among otherwise erudite scholars.  If
one is accidentally incarcerated within the four walls of a lunatic
asylum, wherein the inmates' fantasies must be accepted and practiced,
no matter how idiotic and unreal they are, or suffer the brutal
consequences, one accepts their hallucinations and plays along just to
survive.

We may be among people in this outside world who are only partially
lunatic, scholars who have been forcefully trained in their youthful
education to accept that Money is real, that Money has to be essential
in order to attain access to Real Wealth (GDP, including life itself,
Food) then everyone, including those who recognize that as being lunacy,
must practice those lunacies, or else. We must go along with it to
survive.

What I'm urging is to recognize and eliminate this lunacy that is
wrecking our civilization.

Hyman

bill mitchell wrote:
>
> At 10:19 30/05/98 -0400, you wrote:
> >In the real world, a commodity has both substance and form.  It can be
> >held, felt, eaten, or whatever one can do with a physical entity.  Money
> >is pure fantasy. It has no form, it cannot be felt, held, stroked,
> >eaten, it does not grow on trees as Food does.  It is nothing and
> >deserves the attention a literal "nothing" deserves -- nothing.  None
> >will be found even within the US Treasury. No quantity of economic
> >rhetoric can change that reality one iota.
>
> Perhaps Hyman you will withdraw all your savings from wherever and send me the
> check. i am sure you won't miss "nothing". oh, and your weekly paycheck
>
> kind regards
> bill
>          ####    ##        William F. Mitchell
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