We know from the Enron mess that control fraud is rampant…probably everywhere. The solution to the almost necessity to commit fraud that the Banking and financial monopoly enforces on us via their costly loan only paradigm is monetary Gifting via a universal dividend and a price deflationary retail discount.

Of course for those who are unconscious of the economic significance of cost accounting’s convention that “all costs must go into price” the ethically challenged theories of Rand, Von Mises, Marx etc. ….can probably continue to persist right up to the time modern weaponry destroys everyone’s productive capabilities and billions of lives…..and then the same people (if they survive) will be happy to work for those who borrow the money to re-build.

Or they could actually look at Wisdomics/Gracenomics….and begin standing on their own hind legs.

wisdomicsblog.com

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quincyjwagstaff:  Wouldn’t it be easier if you just tell us how you made so many hundreds of dollars in just a few hours working at home and then gave a link?

Me:  Over the last 8-9 years I’ll bet people like you have made a thousand smart @$$ed remarks like that to me without a single one of them even once actually looking in the area and at the data I refer to. That is a sad commentary on the self satisfied, orthodox closed mindedness of the conservative/libertarian membership on this blog. Why don’t you guys “break up your fallow intellectual ground” and at least entertain the possibility of a new thought?

Alice Rando:   In the businesses I have owned or worked for, pricing to customers was determined by what the market would bear. Current and projected cash flows determined if we stayed in that business. Cost accounting was never used to set the price to customers, it was irrelevant.

Me:   You’re missing the point. Of course businesses will try to price their products and services as high as they can….but if the underlying nature of the system itself is cost inflationary BECAUSE CAPITAL DEPRECIATION COSTS (AND OTHER COSTS AS WELL) MUST BE PRICED INTO THE MINIMUM TOTAL OF PRICES THEY MUST GET TO BREAK EVEN…AND THAT TOTAL IS MORE THAN THE ENTIRETY OF POSSIBLE (BUT NOT ACTUAL) INDIVIDUAL INCOMES AVAILABLE AND CREATED….TO LIQUIDATE TOTAL COSTS/PRICES.

Eric:   I found this phrase on wisdomics.com: “The elegance contained in simplicity…” Unfortunately, the lack of either simplicity or elegance in the blog posts (let alone grammar) is astounding. Keep trying though.

Me:   Everything there is off the top of my head and generally needs editing, but if you can’t hold two different concepts in your mind at the same time….you’re obviously going to be confused. I could be much simpler, but that would involve engaging other orthodoxies even more intransigent than those in economics. Economics is the “dismal science” for a good reason….its complex and subtle at the same time. Those who favor orthodoxy over truth prefer simplistic (not elegant) truths.

You could also engage what I put here instead of slyly trying to invalidate me with irrelevancies like grammar. That’s a sure sign you don’t have an actual answer to what I’m saying.