— Mario Brotha (@MarioBrotha) July 21, 2012
Today Peter Joseph is mad and once again must defend the followers of the Zeitgeist Conspirituality Movement (Gravitas Ventures) from more cult/religion allegations. It is amusing to see Peter Joseph always on the rope, defending his religious flock from constant allegations of being a religion or cult. I hope Peter J makes more youtube videos and facebook posts defending his flock.
Peter, you don’t have a “radio show”, stop lying, anyways, here is a link to the article that got Peter Joseph mad: http://www.valueresearchonline.com/story/h2_storyView.asp?str=20492
Jul 21, 2012 - By James Kush
The past five years have seen several crank “anti-currency” cults surfacing. For example, a group called the Zeitgeist Movement, which is a break-away from a similar group called the Venus Project, makes a lot of noise while propagating its crank theories online as well as releasing propaganda films.The “solution” is unreal. The Zeitgeist movement promotes a science-fictional, communistic “resource-based economy” (RBE). Currency will be abolished in the RBE. Global banks of computers will track all natural resources and allocate them according to respective needs. There will be an averaged allocation of food calories, fuel supplies, electricity, etc. This will be done in sustainable fashion so that nobody suffers and the ecological balance remains stable.Zeitgeist means “spirit of the times” in German. The movement is supposedly in response to a popular feeling that the world’s natural resources are inequitably divided and exploited in an unsustainable fashion. The movement aims to change this.It can’t be done of course. To start with, there is no way to redistribute resources without violence. The top 50 per cent of global population controls close to 80 per cent of resources and of course, there are national divisions. Ergo, you’d have to kill a lot of people before you can redistribute.Even if resources were somehow redistributed peacefully, the computer programmers would possess immense undemocratic powers. Even if the computer programmers were all deeply altruistic, such a system could still be gamed for profit by citizens.Somebody may choose to have lots of children (or perhaps, keep lots of pets) so as to control resources allocated to minors. This can only be prevented by curtailing basic human rights.Even if everybody voluntarily accepted family planning, simple transactions would still be impossibly cumbersome without currency. Suppose one person, A, hates chocolates and is willing to forego his allocated chocolate ration. But A wants a haircut every fortnight, whereas the RBE allocates a haircut once every month. Suppose another person, B, is a hairdresser, who wants to own a racing bicycle. In a currency-based economy, neither A or B have problems. A doesn’t buy chocolates and has as many haircuts as he likes and can afford. B charges for haircuts, and saves up to buy the cycle he wants. In an RBE, A has to trade his chocolate ration for haircuts; B has to trade hair-cuts for a bike. Setting exchange rate for such barters is difficult.This is a simple example of why currency was invented. It is a common denominator between dissimilar goods and services. A currency doesn’t need intrinsic value. It is useful only because people use it as a medium of exchange. No nation backs its currency with bullion anymore. The printed text on a currency note contains a promise to redeem it for a given value. As an economy gets more complex, the need for a common denominator (currency) increases because there are a wider array of dissimilar goods and services available. While the cultists claim to represent the spirit of the times, they are actually a very fringe minority. The real spirit of the times is a proliferation of new currencies.Virtual transactions
In the past five years, many virtual currencies have come into existence on the Internet. As the online economy has grown in size and popularity, so have the number of virtual currencies. Think of it this way. You pay your local shopkeeper in rupees for goods produced by a Chinese subsidiary of an American company because it’s most convenient for both of you. In theory, you could pay in dollars or Yuan, but it would be more cumbersome.Similarly, in online economies, it makes sense to use a local, virtual currency rather than convert each transaction from various national currencies. For example, the social networking giant, Facebook uses a virtual currency called the FB Credit on its site. This trades at around a current rate of 10 FBC =1USD$. Facebook has over 900 million users spread across the world. They could all, in theory, use FB credits. It also has affiliate sites, which accept FB credits. Many websites use other currencies such as the open-source Bitcoin or ducats, etc.These currencies are exchanged online for real goods and services with quantifiable costs. A very common transaction for instance, involves paying for movies and music downloads in a virtual currency. Advertisers and online market researchers also offer virtual credits to people who click through ads, or fill up surveys. Quite a few real-world services such as bed-sitter rentals, car-maintenance services, etc, can also be paid for in virtual currency if you’re hooked into the right online circuits.Virtual currencies are also directly, formally, convertible (both ways) into national currencies such as the dollar, yen, euro, won, etc. Assets denominated in virtual currency can be auctioned on websites like eBay for national currencies. Exchanges like Singapore’s First-meta Exchange specialise in this.The number of goods and services that can be bought using virtual currencies is increasing. The complexity of transactions is growing as well. But there are, as yet, no virtual central banks managing virtual interest rates, or controlling virtual money supply.Obviously a real world currency and economy needs more “management” since the real world is far more complex than the online world with a much larger inventory of goods, services and trading interactions.But virtual economies are already quite complex and at the same time provide a useful model. As online economies have evolved, it has become apparent that the measure of control required for maintaining a successful currency is less than most central bankers would have us believe.In the real world as well, central bankers also have less control than they used to, due to the increasing integration of the world economy. In an open economy, it’s impossible to simultaneously control exchange rates, money supply and interest rates – this is sometimes called the Impossible Trinity.If a central bank wishes to manage its interest rate, or money supply, it must accept fluctuations in the exchange rate. Unless it’s an absolutely closed economy like North Korea, the exchange rate will change to reflect central bank action. The price of domestic goods and services will also change. Excessive controls may lead to developing of black market currency rates.Monetary policy is a powerful tool. But it is not a cure-all. Economies with big policy issues and structural imbalances cannot solve their problems by just changing interest rates or money supply. India has run into this situation over past three years.GDP growth has slipped slower while inflation has remained high and the rupee has also gotten weaker as the trade balance has gotten worse. This has placed the RBI in a bind. If it drops rates, inflation will certainly rise. But growth may not rise even if rates are cut because growth depends to a large extent on fiscal policy. The government has been absolutely paralysed on the policy front in recent years.So the RBI has decided not to touch either money supply or policy rates in the latest credit policy. At the same time, the Chinese have cut rates, the Europeans have eased money supply with a big bailout for Spain’s banks, and the US has eased money supply.This comparative situation is probably bad for India’s economic growth, which means it could be bad for equity investors. It is bad for debt investors too. It means that in the short run at least, expectations of returns from the stock market drop. There is one possible situation where holding rates unchanged could turn out to be beneficial. It leaves room for cuts in an emergency if there’s a sudden currency collapse in Europe.Over the next six months, if growth slows even further, there will be a point where inflation will start coming down. The economy will then stage some sort of recovery. Before that, we’re likely to see quite a lot more pain. It will also be interesting to see the direction in which exchange rates go. I suspect that the USD will get quite a bit stronger versus the rupee before the exchange rate trends play out.
Merola must be desperate if he’s suddenly wanting to debate critics. He’s always hidden from them before.
The spokesman who isn’t a spokesman is trolling to get attention for his dying movement.
He’s targeting people that have audiences that he can preach to.
I guess RT and KPFK don’t care anymore.
He’s targeting people that have audiences that he can preach to.
I guess RT and KPFK don’t care anymore.
justintempler
Ok, to understand more clearly what the author may be referring in that quote anonymous posted, I believe this author of the article is referring to a globally based RBE, as to if it were to happen it must be on a global scale as said by the RBE guru being Fresco and Roxanne. A RBE cannot happen any other way but globally not even a small scale RBE is really a RBE. The author probably has a basic understanding of TVP’s RBE and therefore made a very rational outcome that if the economy did not collapse that for a RBE to become into reality as of now, it would have to take acts of violence to do so based on the number of people who are monetarily invested in about three quarters of the earths resources currently.
Read the authors words carefully he says “The top 50% of global population controls close to 80% of resources and of course”, which he sets the framework that on a global level the top 50% of society controls 80% of the planets resources. He’s basically saying for a global RBE to occur 80% of the planets resources must be captured and processed by RBEer’s new economic system. However I’m unaware of a special percent at which a global RBE would be called officially a global RBE, I could be wrong at this though. However either way a RBE isn’t very practical and the author gets his very logical and accurate point across.
As far as the author suggests the only way to get a RBE off the ground is by eliminating the top 50% (who own 80% of the planets resources) is again fairly accurate assumption based on present information although using the word “Kill” is a bit dramatic in my opinion as one could merely be subdued by force into going along with TZM’s RBE as well or as TZM says reconditioned or reeducated. When the author says “you’d have to kill a lot of people before you can redistribute.”, he is referring to present day as of right now, and at that I’d agree that presently a RBE would have no chance because of the current structure, I believe Fresco, Roxanne, and Peter Joseph would agree with that assessment as well as I believe they have said similar statements in the past. In short no one is going to allow somebody to steal there stuff and redistribute that stuff for free which is what a RBE does basically under the current system, that’s the gist of what the author is suggesting.
I believe this is a fairly rational and accurate projection based on the authors interpretation of a globally based RBE and how the TVP/TZM transition would have to occur to make a RBE presently. Although the author may have not realized he left out a important piece to TZM/TVP’s RBE/RBEM ideology, which is to my understanding that both TVP and TZM have said there must be a economic collapse to occur so people lose “faith” in the current system, as well as ruling elites lose control of the general population at hand, and therefore a supplement system such as a RBE or RBEM may occur and be adopted more easily.
I personally think a RBE or RBEM is not the most practical way to go about things and I also believe that problems similar to what happened now in this system will occur in a RBE/RBEM but to a worse extent then they are now. The current system is getting better all the time therefore I do not believe the current system is bad but I always believe there is room to strive to do better. Keep in mind a RBE is not well defined by Fresco/Roxanne on the website or in there videos/books, dvd’s as it’s pretty vague in general. I can not fault the author who wrote the article to get everything right as he was fairly accurate with the conditions he had suggested above on a RBE ideology; The authors only source of reference for the most accurate information on a RBE is given by Fresco and Roxanne of the Venus project and those references of the information that talk about a RBE have never implemented a RBE themselves let alone have any credibility to there name in anything besides promoting/talking about a RBE utopia and how this utopia RBE will happen.
I’m currently in the process of make a RBE criteria list based on what Fresco/Roxanne have said over the years about a RBE. I hope the criteria list will help people evaluate a RBE more easily, rather than asking Fresco and Roxanne what a RBE is, or finding bits and pieces of what a RBE is on the TVP website or any other mediums. The RBE criteria list should just contain everything that should be in a RBE basically.
Also to note the author made a mistake as TZM does not advocate a TVP RBE, TZM advocates a RBEM which is a Resource Based Economic Model not a Resource Based Economy. I may correct the author of the article in the comment section.
“UPDATE: The author responded- claims he will not come on TZM’s Global Radio Show due to a “language barrier”. He suggested I make an essay rebuttal for him answering Qs… but he doesn’t guarantee it will ever be seen…. I’ll do my best to do it but it could be a total waste of time and i’m up to my ears in writing projects. Likely just more pee in the swimming pool, i’m afraid.” -Peter Joseph Merola
Pee lol.
Mario Brotha
BUT PEE CURES CANCER AND AIDS
internetjimjesus
The author obviously doesn’t care to waste his time engaging in Merola’s linguistic word salad style debate.
It was his way of telling Merola to fuck off.
It was his way of telling Merola to fuck off.
justintempler
justintempler
Mario Brotha
internetjimjesus
JangoFett84
Albert
internetjimjesus
Mario Brotha
justintempler
pl3bian
Daniel
Observer
Albert
Mario Brotha
justintempler
Mario Brotha
James Kush
Ghost
justintempler