[FRIAM] Economics 101?

[thompnickson2 at gmail.com]

Robert, 

Thanks for asking that question.  I asked it about a month ago in the form, What is this economy we are mourning.  What ever the economy is or money is, both seem to correlate with the number of times we all run around the wheel in our cages.  So, if we all stop exercising in our cages, the wheel stops, and that’s the economy.  It make sense because both government and industry skim off transactions, and so the fewer transactions we do, the poorer they are.  That's why The Elites finally gave way to feminism.  By monetizing childrearing they could, in effect, monetize transactions within the family. 

N

Nicholas Thompson
Emeritus Professor of Ethology and Psychology
Clark University
ThompNickSon2 at gmail.com
https://wordpress.clarku.edu/nthompson/
 


-----Original Message-----
From: Friam <friam-bounces at redfish.com> On Behalf Of Robert J. Cordingley
Sent: Tuesday, May 26, 2020 5:56 PM
To: The Friday Morning Applied Complexity Coffee Group <friam at redfish.com>
Subject: [FRIAM] Economics 101?

Meanwhile, during this pandemic/economic crisis, where has all the money gone? The people laid off don't have it, their employers don't have, their laid off customers don't have it. Landlords and mortgage holders probably don't have it because their clients are not making the payments like they used to. Farmers don't have it - sales are down. The city doesn't have it.  The State doesn't have it, its budget is in tatters. Where did it go? I'm not trying to be funny it's a serious question, any thoughts or pointers to texts on economics that would explain what's going on? I know I have less of it too, tho' we might be spending less but it's too early to tell. I'm not really buying (sic) that it's just stopped circulating that's made everyone poorer. If it's not circulating it must be accumulating somewhere, where? Maybe the plutocrats have got it.

--
Cirrillian
Web Design & Development
Santa Fe, NM
http://cirrillian.com
281-989-6272 (cell)


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