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7/3/2025, 4:57:47 AM
>>509364304
In all these ways national economic boundaries are slowly dissolving. As the trend continues, the appeal of a currency union across at least the main industrial countries will seem irresistible to everybody except foreign-exchange traders and governments. In the phoenix zone, economic adjustment to shifts in relative prices would happen smoothly and automatically, rather as it does today between different regions within large economies (a brief on pages 74-75 explains how.) The absence of all currency risk would spur trade, investment and employment.
The phoenix zone would impose tight constraints on national governments. There would be no such thing, for instance, as a national monetary policy. The world phoenix supply would be fixed by a new central bank, descended perhaps from the IMF. The world inflation rate - and hence, within narrow margins, each national inflation rate- would be in its charge. Each country could use taxes and public spending to offset temporary falls in demand, but it would have to borrow rather than print money to finance its budget deficit. With no recourse to the inflation tax, governments and their creditors would be forced to judge their borrowing and lending plans more carefully than they do today. This means a big loss of economic sovereignty, but the trends that make the phoenix so appealing are taking that sovereignty away in any case. Even in a world of more-or-less floating exchange rates, individual governments have seen their policy independence checked by an unfriendly outside world.
In all these ways national economic boundaries are slowly dissolving. As the trend continues, the appeal of a currency union across at least the main industrial countries will seem irresistible to everybody except foreign-exchange traders and governments. In the phoenix zone, economic adjustment to shifts in relative prices would happen smoothly and automatically, rather as it does today between different regions within large economies (a brief on pages 74-75 explains how.) The absence of all currency risk would spur trade, investment and employment.
The phoenix zone would impose tight constraints on national governments. There would be no such thing, for instance, as a national monetary policy. The world phoenix supply would be fixed by a new central bank, descended perhaps from the IMF. The world inflation rate - and hence, within narrow margins, each national inflation rate- would be in its charge. Each country could use taxes and public spending to offset temporary falls in demand, but it would have to borrow rather than print money to finance its budget deficit. With no recourse to the inflation tax, governments and their creditors would be forced to judge their borrowing and lending plans more carefully than they do today. This means a big loss of economic sovereignty, but the trends that make the phoenix so appealing are taking that sovereignty away in any case. Even in a world of more-or-less floating exchange rates, individual governments have seen their policy independence checked by an unfriendly outside world.
7/1/2025, 8:57:20 AM
>>509195463
>that's if government even allows the elderly to live any longer and doesn't just euthanize people at age 65 to save money.
Well, that is straight from the Fabian's playbook.
“I also made it quite clear that Socialism means equality of income or nothing, and that under Socialism you would not be allowed to be poor. You would be forcibly fed, clothed, lodged, taught, and employed whether you liked it or not. If it were discovered that you had not character and industry enough to be worth all this trouble, you might possibly be executed in a kindly manner; but whilst you were permitted to live you would have to live well.” - The Intelligent Woman’s Guide to Socialism and Capitalism by George Bernard Shaw, Page 476
https://archive.org/details/in.ernet.dli.2015.276240
"I object to all punishment whatsoever. I don't want to punish anybody, but there are an extraordinary number of people who I want to kill. Not in any unkind or personal spirit. But it must be evident to all of you, you must all know half a dozen people at least, who are no use in this world; who are more trouble than they are worth. And I think it would be a good thing to make everybody come before a properly appointed board just as he might come before the income tax commissioners and say every 5 years or every 7 years, just put them there, and say, sir or madam, now will you be kind enough to justify your existence? If you can’t justify your existence; if you’re not pulling your weight in the social boat; if you are not producing as much as you consume or perhaps a little more, then clearly we cannot use the big organization of our society for the purpose of keeping you alive, because your life does not benefit us, and it can’t be of very much use to yourself." - George Bernard Shaw
https://www.youtube.com/watch?v=Ymi3umIo-sM
>that's if government even allows the elderly to live any longer and doesn't just euthanize people at age 65 to save money.
Well, that is straight from the Fabian's playbook.
“I also made it quite clear that Socialism means equality of income or nothing, and that under Socialism you would not be allowed to be poor. You would be forcibly fed, clothed, lodged, taught, and employed whether you liked it or not. If it were discovered that you had not character and industry enough to be worth all this trouble, you might possibly be executed in a kindly manner; but whilst you were permitted to live you would have to live well.” - The Intelligent Woman’s Guide to Socialism and Capitalism by George Bernard Shaw, Page 476
https://archive.org/details/in.ernet.dli.2015.276240
"I object to all punishment whatsoever. I don't want to punish anybody, but there are an extraordinary number of people who I want to kill. Not in any unkind or personal spirit. But it must be evident to all of you, you must all know half a dozen people at least, who are no use in this world; who are more trouble than they are worth. And I think it would be a good thing to make everybody come before a properly appointed board just as he might come before the income tax commissioners and say every 5 years or every 7 years, just put them there, and say, sir or madam, now will you be kind enough to justify your existence? If you can’t justify your existence; if you’re not pulling your weight in the social boat; if you are not producing as much as you consume or perhaps a little more, then clearly we cannot use the big organization of our society for the purpose of keeping you alive, because your life does not benefit us, and it can’t be of very much use to yourself." - George Bernard Shaw
https://www.youtube.com/watch?v=Ymi3umIo-sM
6/20/2025, 8:07:34 PM
The Fabian Socialist, neo-Malthusian plan of state enforced euthanasia continues to move forward.
“I also made it quite clear that Socialism means equality of income or nothing, and that under Socialism you would not be allowed to be poor. You would be forcibly fed, clothed, lodged, taught, and employed whether you liked it or not. If it were discovered that you had not character and industry enough to be worth all this trouble, you might possibly be executed in a kindly manner; but whilst you were permitted to live you would have to live well.” - The Intelligent Woman’s Guide to Socialism and Capitalism by George Bernard Shaw, Page 476
https://archive.org/details/in.ernet.dli.2015.276240
“But the difficulty in the world is going to be that the number of people born is too great for the food supplies, so that a fraction must die anyhow; may it not be better that they should die in infancy? The truth is that all our present codes about the sanctity of human life are based on the security of life as it is at present, and once that is gone they will inevitably be revised, and the revision will probably shock most of our present opinions.” – The Next Million Years by Charles Galton Darwin, Page 185-186
https://cognitive-liberty.online/wp-content/uploads/The_Next_Million_Years__how_to_kill_off_excess_population___1953_1.pdf
https://www.youtube.com/watch?v=Ymi3umIo-sM
“I also made it quite clear that Socialism means equality of income or nothing, and that under Socialism you would not be allowed to be poor. You would be forcibly fed, clothed, lodged, taught, and employed whether you liked it or not. If it were discovered that you had not character and industry enough to be worth all this trouble, you might possibly be executed in a kindly manner; but whilst you were permitted to live you would have to live well.” - The Intelligent Woman’s Guide to Socialism and Capitalism by George Bernard Shaw, Page 476
https://archive.org/details/in.ernet.dli.2015.276240
“But the difficulty in the world is going to be that the number of people born is too great for the food supplies, so that a fraction must die anyhow; may it not be better that they should die in infancy? The truth is that all our present codes about the sanctity of human life are based on the security of life as it is at present, and once that is gone they will inevitably be revised, and the revision will probably shock most of our present opinions.” – The Next Million Years by Charles Galton Darwin, Page 185-186
https://cognitive-liberty.online/wp-content/uploads/The_Next_Million_Years__how_to_kill_off_excess_population___1953_1.pdf
https://www.youtube.com/watch?v=Ymi3umIo-sM
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