Economics 2012

When Elisa first asked us all about Sunday off, I offered to substitute, to gracious acceptance. I first intended to only post my own website material but confess I enjoy Erik’s involvement so much, I included it where I otherwise wouldn’t. For any readers of that website – www.theamendment.net – I will post here what I’ve done there, so until Elisa’s return, it will be a duplicate.  ST = substitute teacher C = The Committee

Always significant and especially nowadays, I ask The Committee to provide understanding about economic forces around the world.

ST:       Recession, even depression in rare instances, are discussed with unpleasant frequency whenever economic conditions are mentioned. When will concern reduce?
C:       As the structure of the world changes, it will. Inefficiency of barter brought about mediums of exchange that persist; as desire to acquire goods and incentives to produce them shift, so will the mediums of exchange. Perception of value will undergo great modification.

ST:           What modifications?
C:            As less goods and services are requested, production will fall, money changing hands will slow down as amounts and numbers of transactions decline. There will be initial hoarding of money just as it loses much value. Currency will be printed ever faster, eroding the value even more. This effect has occurred before and symptoms of it take place now. The effect will be worldwide.

The apple tree does not know how much currency exists and does not consider its blossoms accordingly. The price of apples is human. Where ability to increase output is far slower than the possible change in economic conditions, there will be a certain effect; for apples it will be a higher price and less supply of apples. Currently large apple trees will be unaware; springtime blossoms and the autumn crop will be available independent of how many shillings humans deem an appropriate price.  Where output can be increased or reduced quickly, there will be different effects. Cultivating apple tree seedlings, saplings and waiting for a crop requires years. Increasing automobile production can begin tomorrow. Likewise, output reductions can take place right away. As more occur, the effect will increase quickly, logarithmically. 

ST:           What will happen?
C:          The value of money will fall; the idea that money can, in sufficient amounts, be used to acquire almost anything, will come to an abrupt halt. It is not possible to buy what is not available; soon many things now available will not be, and the demand falling away will be a main cause of this.

ST:           What is going to bring this on?
C:          Key products and services, most notably energy, will be more difficult to consume as supplies are reduced. This will cause costs to increase; the demand for energy will not drop off until it becomes so expensive, many current consumers will not consume amounts now typical.

ST:        Why is this happening?
C:          How much activity is undertaken by habit and perceived pleasure when not needed? The numbers of people rushing around to be efficient, meet tighter deadlines, improve qualities and thus increase profits is higher than ever; employment has become more of a person’s identity and perception of worth than necessary. None of you are your occupation; it is what people do to earn money. These earnings do not produce contentment, happiness, progress and understanding.

ST:          So is the economy going away?
C:           No, not at all. It will shrink from the dominant role it now has. There will always be an economy on Earth, a system of exchange. The components of the system will change. The emphasis on lending, where the buyer agrees to pay for both a product and the money will shrink. Fear of non-payment will be greatly reduced. Massive industries built up for the money itself, not the product or service, will nearly disappear.

ST:           Why will this happen?
C:          Humanity will take a different view of consumption. Outside of bodily functions, what will humans absolutely need to live? The vast majority of things now consumed are not necessary for survival.

ST:           What about freedom to do as one chooses?
C:           This will be even greater than now; what will shift significantly will be what humanity chooses to do.

ST:          What are people going to do without as much money as now?
C:            This is the great challenge; to overcome fear resulting from shifts in life patterns. 

ST:           The notion of abundance for all is not a new one; many systems have been devised and implemented to achieve it.
C:         Yes, but they almost always fail where a component of compulsion is included. The greater the force employed, the more quickly the system turns away from its noble objective and ultimately collapses. It is not human nature, nor is it the way of the universe, to compel participation. Understanding and desire to do well by others and in service to oneself through benevolent efforts is the way.

ST:       Much debate surrounds many things caught up in just this struggle; food, medical treatment, shelter, education and so forth.
C:           Yes, and where troubles arise we see inefficient and compelled participation as a key component in the struggle. The USA is currently engaged in debate about medical treatment. The very recent notion that medical treatment must be provided to whomever asks for it, that all potential users of medical treatment, which includes virtually everyone, must contribute money, is a good example. This most noble of intentions, provision of medical treatment, cannot succeed where participation in the system is not voluntary. There cannot be a corresponding compulsion for providers of medical treatment; your doctors, nurses and technicians, your scientists and researchers and manufacturers of medicinal substances, to supply knowledge, services and efforts. Just as compelling a citizen of a sovereign nation to take up arms causes resistance, so it will occur where the medical service components of the process are forced. This part is obvious and thus not pursued; it is far easier to attempt control over the money. This indeed has been implemented in many nations. 

ST:           So if no individuals are compelled to participate, will that be a better system?
C:           This question addresses a characteristic that will rise with heightened awareness and understanding of the higher dimensions; it has been commonly assumed that without this aspect of society, many advances would not take place. Indeed there have been collectively forced changes considered benevolent and proper despite heavy opposition and the challenge for humanity has been to look beyond. To see that because some advances were achieved through force, all advances can follow this path to their destination?

ST:           How will economics then change?
C:           Society on Earth will be much more localized and little desire will there be to travel as is done now. There will be little reason to do it for commercial purposes and little desire for what is called tourism. There will be travel, but it will be of a different nature. The conveyances used will be entirely different and the need and desire will shift.

ST:         How will this affect economies?
C:           Little need will there be for exchange of currencies between nations, so relative currency values will not be possible to calculate as is done now; an entire industry revolves around just this activity. As the values of currencies cannot be measured the one against the other, so then will the flows of currencies slow and eventually drop off to a trickle. Once currency printing is seen as a failure, sovereign governments will extinguish excess currencies they hold, in an attempt to maintain values and purchasing power. These moves will be made in a desperation mode as citizens lose interest in central economic planning and policy. It will be seen as ineffective and not necessary. The inability to exert control through finance will be the force that shrinks government significantly from the roles and relative sizes it has today.

ST:          When can we expect to see these things happen?
C:             They are happening now, slowly and steadily. Soon they will be obvious in general.

ST:           People will feel devastated to lose savings and wealth they have worked for.
C:            In current terms, this is likely yet will be not nearly as prevalent as would be expected. A secure future will not be framed in wealth; the fleeting nature of wealth and purchasing power will be understood.

ST:           How will humanity function if economic activity drops off this way?
C:           You are not alone; we have foreseen this development and stand ready to assist. Many measures will be implemented and introduced to demonstrate a different way to provide for yourselves in an economy and society different from today.

ST:           What can we each do, as an individual, to make the best of economic changes we see as a problem?
C:           Remember always that change is opportunity to see things from a different angle and this new view you shall have, all of you. Have faith in yourselves, always. In your individual self, your soul and your great role on Earth. Economics is but a reflection of humanity; a perceived lack of money, wealth or buying power across any segment of a population reflects what churns across humanity. When measuring economic data, we observe with a bit of sadness the idea in economists that humanity is but money; that a good leader somehow sees to providing it and that a bad leader has failed where perceived abundance is lacking. Have a higher opinion of yourselves, we say with complete affection and caring for your soul – as you are a part of us all – that you are not a bank account and never will be. Examples abound of the most dastardly humans with fat sums at their disposal just as there are many more noble people without many of these vouchers of faith in purchasing. What value has the soul who masquerades on Earth as a distributor of your narcotics who sees fit to have murdered any adversary? Even an innocent person seen to be an obstacle to acquisition of yet more money? More, on top of the sums he already controls and can never spend? What benefit to his soul comes from pursuit of more? If all monies in possession of such person evaporated tomorrow, what would be lost? Almost nothing; possibly a banker’s job. Consider a nurse who works in a pediatric hospital and spends days and nights caring for babies and young children who have been born with fatal diseases such as AIDS? Does this nurse’s bank account equal numerically that of the aforementioned drug dealer? What is the value of each person to humanity? Seek not to be rewarded in money yet where you might have such reward, provide for your goodwill and happiness and that of your fellow citizen. Your reward in Heaven will be as great as can be imagined. Worry not about economics; be good in your heart and your economy will blossom forth.

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Substitute Teacher