Targetting Inflation?
NO!!!→ Inflating CHAOS!
Targetting Inflation is an incorrect & destructive policy
The Causal Factors that have brought about the present and grossly escalated socio-economic turmoils, including the inflationary circumstance, are not Demand driven, it is Supply driven. It is the super-saturation (inflation) of Global MoneyBase&Supply, progressively inflated over 6 decades from the early 1960s with Donald Gordon's pension fraud scams, globalised, metamorphosed into other increasingly complex fraud scams, which are now 'naturalised' as 'markets' (a pseudo dis-intelligent AI?).
(dis-intelligent: adj. - intelligent but for dishonest means and ends)
Consequently attempts by Governments to control Socio-Economies have increasingly failed because control of Economies have wrongly passed to the few owners of corporations. Governments are near-powerless, in Socio-Economic terms, not in Military terms – although as we see, this past weekend (24/6/2023), with the Prigozhin revolt against Putin, private militaries are becoming more powerful than National Militaries – all because MoneyBase&Supply is Super-Saturated (Inflated) –> money sloshes around the World – Tsunamis. Industries/Corporates are all controlled by a few Super-Wealthy people, who control National Socio-Economies – and over 6 decades have markedly changed the very fabric of Societies through the destruction of local businesses – and now Governments.
Increasing interest-rates to fight inflation is COMPOUNDING the problem, it destructively sucks money from the economy and enriches the wealthy, whose wealth derives from the underlying frauds scams of 'privatisation' which Thatcher unwittingly thought was beneficial, because no one, other than the criminals, understood the underlying pensions & metamorphosed fraud scams – instead it has produced Socio-Economic chaos, in which today's youth have no meaningful future.
Governments/Parliaments are supporting the wealthy instead of the electorate, for whom those elected are supposed to be working in their best interests.
The basis of a stable interest-rate is not (should not be) based on 'markets' because the 'markets' are the very centre of the fraud scams – it should be based upon pure Socio-Economic terms of life-expectancy relative to working-life and the need for work-life savings to provide adequate income to maintain retirement life, on a national average basis. Socio-Economies are based on Societies NOT on 'markets', which are (should be) at secondary, if not tertiary or lower levels.
Interest Rates do need to be raised, NOT to suck more money from the economy, but to establish sensible Socio-Economy structure – an optimal rate needs to be set - BUT, BUT, BUT - the underlying capital needs to correspondingly be reduced so as to maintain the current cash flow on the underlying asset - in this way money historically defrauded from the people flows from the wealthy back to the people, primary cashflow remains stable (not to ignore secondary/tertiary reactive effects).
(NOTE: but not to extend the repayment period, as this simply lengthens the period over which the wealthy receive their flow of Money)
GBNews, on weekend (24/6/2023), argued (to effect) that supermarkets such as Aldi are a god-send because they are keeping prices down – this is a silly argument. Aldi, Lidl etc. (non-national entities, and even overly large national entities (Tesco, etc.)) have plundered nations thus destroying national independence in (in this case) food production, supply & distribution – so nations are now dependent on non-national retail suppliers (i.e. the wealthy that own Aldi/Lidl have destroyed national high-street & wholesale businesses) – a vicious downward spiral into the chaos the World is experiencing.
Similar dynamics are behind the West's gang-banging of Russia, China, NKorea, Africa …..
But, the people in Governments of today are those who have learnt bogus 'economics' (from mathematicians, NOT Scientists, and certainly not Engineers), without realising that the underlying models were designed to defraud – which is why the present (Western) policy of raising interest rates alone (i.e. not offsetting capital as well, to maintain stable cashflow) enriches the wealthy, thus impoverishing the people, who elected those in Government → thus Governments are corrupted by&to corporate criminals.
PM Rishi Sunak is one of those advantaged people who have Intellectual Power over many others, and who learnt the methods of finance frauds through Goldman Sachs, who are instrumental in 'masterminding' greater finance complexities that are essentially frauds, and later for Fund Managers – i.e. Sunak has gained his wealth through frauds, and is now in Government to assist/advance corpOrgCrime – and fobs off demands for pay increases with (as reported) 'need to recognise the economic context we are in'., which is due initially partly, now largely, to Sunak's learning criminal methods.
And Kier Starmer, previously as CPS Director, protected the criminals from Prosecution.
Those in Government/Parliament (including Judiciaries) were unwitting at the time of their learning – but they have been informed for now 20 years (to the month, if not day (June 26, 2023)) of these realities (of corporate frauds) but ignore these Truths, by their SILENCE – it is this SILENCE that transforms 'unwitting' into witting TREASON!
It is the consequences of this 20 years of witting TREASON that has escalated Global scamming and instability, leading to 'birthing' of such as Putin, Xi Ping, etc. - and justifies Putin's (and no doubt, prior, exacerbated Yeltsin's drinking as he realised the futility of the wall-fall) angers against the West, but not his actions against Ukraine - and now of potential second-tier despots, as we saw this past weekend, with the added real threat of Nuclear weapons becoming 'dis-rationally' controlled.
Targetting Inflation is an incorrect & destructive policy, because Inflation is not a Target, it is an indicator (BIG difference) – being an indicator it doesn't tell us why it is indicating, only that it is indicating - many Factors influence indicators, even its own faults – it requires Engineering to determine the true causes for a change in the value of an indicator – clearly those in Government have no appropriate Engineering skills, they've only learnt bogus 'economics', 'finance' –> so, Governments wrongly 'Targetting Inflation' are Inflating Chaos!
Remember –> Mathematics is NOT Science, and Science is NOT Engineering – Socio-Economy Systems are far, far, far more complex than Engineered machines – yet, Mathematicians are behind 'economics', NOT Engineers, nor Scientists → which is why we have CHAOS!
(And the mind BOGGLES when clueless Parliamentarians regurgitate phrases from clueless 'finance/business experts' such as: 'growing the economy', 'markets are unhappy', …..... tune into any News channel for a daily (hourly) dose of nonsense …...)
PM Rishi Sunak (and Chancellor Jeremy Hunt, Parliamentarians) (& Western Govs in general) are refusing to constructively engage Socio-Economy Engineering (still in pioneering stages) to counter the MASS of bogus & fraudulent economics & finance models – they are refusing because they are AGAINST the People & FOR corpOrgCrime criminals, and theirselves –> TREASON!.
Sincerely
Chris Addington Pr.Eng.
Links:
https://cdadd.com/economy-engineering/47-pensions-frauds-mechanics-annuities-in-retirement-sasi-paper
https://cdadd.com/economy-engineering/48-mastermind-of-organised-crime-legal-in-the-financial-services-industry
https://cdadd.com/economy-engineering/54-inhumane-humanities-sciences-driving-world-to-greater-conflict
https://cdadd.com/economy-engineering/55-inhumane-humanities-sciences-02-negating-positive-initiatives-driving-global-conflicts