When you look at the world \u201cmoney game\u201d as having been a bit too successful in multiplying other people\u2019s obligations, measuring the degree of distortion and resetting the whole game seems quite necessary. \u00a0It would also be the best bet for something guaranteed to work and work quickly.<\/p>\n
The basic issue is how much more debt obligations were created than the physical economy produces wealth. Then people got into a further game of raising the stakes, like musical chairs\u2026 It\u2019s a fundamental problem with the game.<\/p>\n
You can compare a variety of measures of the real economy and the excess inflation of financial obligations, and mark down the obligations. It could be done by fairly a simple, if significant, executive order.<\/p>\n
It won\u2019t collapse the system because you would only be erasing illusions of wealth, and relieving the critical institutions of the economy of unfulfillable obligations, so we don\u2019t have to dismantle them in bankruptcy.<\/p>\n
We need to stop playing catch-up when it\u2019s our life support system caught in a global deflationary spiral.<\/p>\n
A proposed executive order,\u00a0Reset$<\/a>, www.synapse9.com\/issues\/reset$.htm<\/p>\n<\/div>\n <\/p>\n","protected":false},"excerpt":{"rendered":" When you look at the world \u201cmoney game\u201d as having been a bit too successful in multiplying other people\u2019s obligations, measuring the degree of distortion and resetting the whole game seems quite necessary. \u00a0It would also be the best bet for something guaranteed to work and work quickly. It’s more than a little radical, but … Continue reading For ‘Game-ruptcy’, physics that could work<\/span>