KRISONOMICS 3 ECONOMIC MODELS

 MONEY CREATION


- In Full Barter system no money is created. 


- Money is created when there is Partial Barter and Partial Credit/Debt, or Full Credit/Debt.


- Currency is always Money, but Money is not always currency.


- All money is always credit/debt, including Currency.


- Gold, silver, commodity money is a form of Full Barter.


- Currency is issued by the Government to settle Partial Barter/Credit/Debt or Full 

Credit/Debt transactions.


- Credit/Debt always includes Positive Interest Rate because Time is introduced in the Payment of Debt. TIME has uncertainty, hence Positive Interest Rate. The longer the pay period of credit/debt, the higher the uncertainty, the higher the interest rate.


- Government issued Currency is credit/debt with no expiry and 0% interest rate that you accept to settle the Partial Barter/Credit/Debt or Full Credit/Debt with another person.


- Banks are licenced by the Government to intermediate to settling Partial Barter/Credit/Debt or Full Credit/Debt transactions between people and businesses for a fee.



There are only 3 basic economic models


FULL BARTER 

Caveman economics, 1 chicken for 2 pounds of grain, No money created, no currency, no credit/debt.


SOVIET STYLE GOSBANK, CENTRALLY PLANNING

Creation and depositing of money into people's accounts. The Government would centrally plan all economic output, GOSPLAN, thus distributing currency to people to claim goods and services centrally planned and produced. This system was created by Vladimir Lenin based on Karl Marx ideology. Marx copied the idea from Christian Communities mentioned in the New Testament and Letters, which would distribute and redistribute goods and services based solely on their needs, not wants. There is Currency created by the Government, but there is no Credit/Debt created.


DEBT BASED CAPITALISM

Recorded first with Mesopotamians who used Temple Tablets as Currency to note down Debt. The King and the Temple Priests guaranteed the safety of Tablets. Mesopotamians created the first cities, hence the need to settle trade between its citizens, so the Government (King, Temples) took over the Settlement via Tablets which noted the content of the Credit/Debt. No currency created, but Credit/Debt created.


No other basic systems. Current Modern systems are all a combination of these 3.

Ⓒ KRISONOMICS 2021-11-03

Comments

Post a Comment

Popular posts from this blog

DEFINITION OF DE-DOLLARIZATION

  DEFINITION OF DE-DOLLARIZATION De-dollarization is the process by which less goods and services are shipped to the West for each dollar created in Eurodollar shadow banking. China and India are trading with dollars via the Eurodollar system. The only people benefitting from this are the Bankers, but NOTHING is being shipped to USA from this trade. The whole point of RESERVE CURRENCY is to receive SOMETHING REAL FOR DOLLARS on computers. China and India are using the Eurodollar System which has enabled the world to use USD without shipping anything to USA. THIS IS DE-DOLLARIZATION.
Read more

INFLATION WILL SUBSIDE IN ....2035

TWITTER THREAD HERE Thanks to Tom again for these supply chains links. The content is the best explanation why supply chains keep breaking down and there is absolutely no chance of subsiding inflation (meaning fixing supply chains) until 2035 the earliest. 1/ thread Incora’s bankruptcy sends a warning signal to aerospace supply chains. Supply chain and caught between supplier and customers supply chains. And the financial squeeze. https://supplychaindive.com/news/incoras-bankruptcy-aerospace-supply-chains/652433/ Incora has 7000 suppliers and 8400 customers. From 2020-2023 two problems occurred: 1) Delivery time doubled from 9 to 18 months from 50% of goods. 2) Higher price inputs from rise of prices of raw materials, which they couldn't pass on to customers as they have long term contracts. 2/ Okay, now SCALE IT UP folks, SCALE IT UP. There are 334 million businesses globally. To repeat: There are 334 million businesses globally. 3/ Almost all of them are having the exact same pro
Read more

CAESAR PUTIN & HOLY HEAVENLY RUSSIA

 After my thread about Ukraine viewed 677 times thus far , here's another thread about what is going on in Caesar Putin's mind, as he saw Milosevich fall from grace for failing to achieve something for Holy Heavenly Serbia. Twitter thread here. HTML thread on Thread Reader App here. European Woke Elite is surprised they are even talking about war, let alone imminent Invasion. This is what happens when regarding theology as useless. #krisonomics understands it, because I see it all theologically, and so I explain it to Twitter friends. 1/ Analysts cannot even fathom as to how 190 thousand Russians readily accept to go and invade another country and their mothers and families just....watch tv and drink vodka uncaring about their sons dying. 2/  Western Elite and analysts think that all Russians are like the ones in downtown Moscow or St. Petersburg, in the same way that they thought that Serbs in 1992 are like Norwegians. They disregard entirely the Theology of Christian Jihad wh
Read more