House of Paine

BALANCED AND GREATER GLOBAL PROSPERTY LOST

KEYNES AND HIS YANKEE ABORTED
          GLOBAL  CLEARING UNION  

  PART I

-------------------------------
 
( okay so i've pondered the events of 41-45:

here's MY  upshot...)


 ============================


 
 act one:

  KEYNES THE VISIONARY
 
 " AFTER THIS WAR "


   I)  WE'LL DO IT RIGHT
  CUT LOOSE FROM GOLD 


   II)  CREATE 
IF NOT A UNIVERSAL CREDIT MONEY
    AT LEAST 
      A  GLOBALLY ACCEPTED
 RESERVE  CREDIT MONEY
     LEGAL TENDER 
FOR ALL NATIONAL MEMBERS  
 CENTRAL BANK
     INTERNATIONAL PAYMENTS  

   III)     THERE SHALL NO LONGER BE 
    A  TRANSNATIONAL 
      KING OF KINGS CURRENCY 
-----------------------------

 so what happened to this vision ?


well it got aborted
 BY THE AMERICAN HEGEMONICS 
AND THE OLD HORSE BRIT IMPERIALISTS 

  
INSTEAD  OF KEYNES' 
               BANCOR 
  a pure
   ex nihilo world  reserve currency 
 able to be a  "colective tool "
         of world commerce and finance  

"ABLE TO EXPLOIT 
THE BEAUTY OF A  GLOBAL EQUIVALENT " 
ie 
by the use of 
  credit creation faculties
 inherent in any 
 closed banking system  
         LIKE THE GLODE REALLY IS !!!!!!

NO WE'LL 
 IGNORE THAT  

WE WILL ACT 
 LIKE SUCH A CREDIT ISSUING
 GLOBAL BANK
 IS AS BEYOND OUR CAPACITY 
  AS A WELL ARMED  NATION MASTERING 
                   WORLD GOVERNMENT 

 INSTEAD 
  LET THERE BE 
  AN   insitutional
     matrix 
BUT KEEP HER   BARREN 

make her require funding by member nations 

YUP
the fools 
 monkeyed away keynes innovation 


 this god like  fetus  of his 

        was ever so  quickly 
     and unceremoniously  aborted ........
                     behind closed doors 

============================
 its all too too simple really 

keynes's original conception
for a post war
global financial order 

included a brand new  institution 

 The Clearing Union 

which could issue "fiat"
               credit money
to central banks
 in exchange for any  member nation's currency
                   
 ------ BY THE WAY
  A  WORKING MODEL OF THIS
TYPE OF GLOBAL SET UP
AND HOW IT WOULD WORK
  AS OPPOSED TO THE IMPERAIL DOLLAR SYSTEM
         EXISTS
    ITS IN FACT LADY EVE'S
                    NUMBER ONE 
  BRAIN CHILD 
"WE" ARE ASSURED 
 BY ITS CREATOR 
THAT" A  NET CAST OF SAME "
  ONLY AWAITS
      THE ARRIVAL OF ALIAS PAINE AND ABEL -------   

---------------------------------
TO CONTINUE ...

 the tale 
of this   grim back office abortion 
has a long and winding version

and  a quick
 cut to the chase version 

proper for my site

with out losing 
any of the  basic gimmick 


feature this one question

with bancor
 
with a true 
    global reserve currency
in international hands 
well placed 
to gobble up
 any and all
of the international system's 
                 expansion  based seiniorage
                                       benes
                and distribute them as it may ....

  what happens to
 the   wanne be 
      imperial currency??

what happens to 

THE  UNCLE  FUCKING SAM DOLLAR 

 in practical terms

at the present rate of growth
the international economy
 throws off  seiniorage benes
      that  run around 
           $ 200 (maybe $ 300)
                     billion  per annum 

under the imperial dollar system

  those are all uncle's benes  

then there's the iou benes 
as foreign weaklings stuff uncles notes in a vault
to protect against the massive exchange rate flux
 and hot moneyhot capital  runs 
 inherent to this uncle dollar wild west  system 

whats that worthto Sam's children 

maybe another couple hundred billion per annum....
on average of course
andneedless
to say
   subject to  the ups and downs of third rate nations
 as they weather
          "the big flux "  

have i strained your attention span ....????

prolly 

so 


 nite nite kids 

------------------------------