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Anti-gravity and $300 Nobody Wants



        While many of us, "we" who are trapped in a
        Keynesian time warp were waiting for nations to
        print money, (a Goldie Locks quantity of money
        -- not so much that its purchasing power fell as
        fast as we printed it -- not so little that the new
        money failed to pull behind it a train of real wealth-
        producing fields, factories, mines, and schools,
        including actual quality products for sale in markets
        everywhere moneyed customers shopped), "they"
        were printing stock shares with the power of near-
        money to do the same thing -- on condition the
        shares would either earn "hard" money or be,
        themselves, purchased for "hard" money by a
        "greater fool" day after day.

        Who are "they" and who "we". They could care
        less for the "history of economics" -- all they want
        is wealth. We could care less for high risk, all we
        want is knowledge.

        One day the greater fools did not bite or buy.
        Thinly traded shares began their descent to hell.
        "They", our adversaries,  took the proverbial
        bath. (Some may have jumped out of a window.)

        But "we" are the fools who now worry how to
        invent an anti-gravity pill to reclaim the five trillion
        in fools' money lost -- when bubbles burst and
        values fall to earth.

        We do not want real wealth producing firms to
        have to downsize, to have to stare at order books
        reflecting a smaller customer base, a reduced
        demand by moneyed workers for things they really
        need -- like broadband delivery of "training for
        every job on earth" (Cisco's ad, remember) over
        the last mile, and food for a billion hungry
        not-yet-moneyed people.

        Is there such an invention? "They" inflated share
        prices while tangibles remained priced at tradeable
        values. "We" wanted to distribute cheaper money
        that we hoped would buy uninflated capital assets
        for productive application to produce uninflated
        necessary items in an unending stream of real
        output to people earning real purchasing power
        in steadily increasing amounts.

        "They" drove unemployment down and disparity
        up. "We" never stopped talking about getting a job
        for the last man looking for work, and getting a
        raise for the guy at the bottom of the heap.

        I'm sure this anti-gravity pill or program, to end
        deflation and bring back customers should start
        with a major tax rebate. The democrats offered
        a neat $300 a head for everyone, now. And
        nobody asked for the money !!  Not even we
        on PKT have asked for it. What the hell is the
        matter with people?  What is the matter with
        "us" !

        Anti-gravity is really pointless for people to
        dumb to fly.

        John Gelles






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