By JC Collins
“So how do you stop the fragmentation within yourself?”
This question came from reader Alex B regarding the post The Problem of Fragmentation. The answer is dependent upon the individual and is reflective of our relationship with the whole. Another way of considering this dynamic would be through understanding our relationship with ourselves – ourselves being a reflection of the whole.
First and foremost we must consider the reason, or causation, of fragmentation. What exactly is fragmentation?
Could fragmentation be the externalisation of misaligned relations? This would include relations with ourselves, the components of ourselves, and others.
Continue reading Solutions to Fragmentation (FREEPOM)
The transformation of the International Monetary System (IMS) from the outdated USD denominated unipolar framework to the multilateral framework is progressing as expected this year. An April 17th article from The BRICS Post gives updated information from the People’s Bank of China as well as the International Monetary Fund. One of the initial goals of Philosophy of Metrics was to describe and predict this transition. At this point I believe this goal has been achieved. There is no sense in rehashing the words of the article, so it is reprinted below for convenience. This is just the beginning. – JC
From The BRICS Post:
Chinese central bank governor Zhou Xiaochuan on Saturday called for broadening the use of the International Monetary Fund (IMF)’s basket of reserve currencies to advance the reform of the International Monetary System (IMS).
Continue reading PBOC calls for broadening use of IMF’s basket of reserve currencies
By JC Collins
The Whole of the World is fragmented.
The problem of fragmentation is worth further consideration. The terms separate and division could also be used interchangeably with fragmentation as both would be considered the effect, or consequence, of fragmentation. For the purpose of this discussion we will focus on the root cause – fragmentation.
In understanding fragmentation we begin to glimpse the endless expanse of Wholeness. This Wholeness is fragmented into infinite shards of limited possibility. Using the term infinity will bring to mind the outer expanse of the universe. But this need not be so.
Continue reading The Problem of Fragmentation (FREEPOM)
US Dollar Depreciation & the Return of American Exporting
By JC Collins
This article was originally posted on July 6, 2015. The Trump Mandate part of the title was added to reflect the stated positions of the Presidential Candidate and how certain aspects of those policies are aligned with the process of unwinding Bretton Woods. Such early policy indicators as having EU countries take on more of the funding responsibilities of NATO, others countries participating more than the US in their own defense, and reworking existing trade agreements, are all aspects of unwinding Bretton Woods, which was centered around using the USD as the international reserve asset. – JC
The Bretton Woods monetary framework has been segmented into opposing eras. One era began in 1944 when the USD was established as the international monetary unit used to balance trade. This period lasted until 1971 when the Nixon Shock removed the gold standard component of the original Bretton Woods and set the stage for Bretton Woods 2, which began in 1973.
Continue reading The Trump Mandate – Unwinding the Bretton Woods Monetary Experiment (FREEPOM)
By JC Collins
Reader Justin posted the following comment and question a few moments ago. The question itself, and my response, are worth a quick small post. This is an important issue which we need to draw more attention too. An organization of the masses will only take place when we arm ourselves with facts and discard fallacies. – JC
Justin: Any comments on the: Wikileaks Reveals IMF Plan To “Cause A Credit Event In Greece And Destabilize Europe”?
JC: First, the premise and framing of your statement and question is incorrect. The IMF does not have a “plan” to destabilize Europe. The actual posting from Wikileaks stated that an IMF internal meeting “predicted” a Greek default. I’ve provided the link for your confirmation.
Second, I have long predicted that the answer to the EU debt issue will partially be found in a return to the use of domestic currencies of the member nations. Trade between members can still be balanced with euros, but each nation will again use domestic currency. Debt’s can be re-denominated in domestic currency and marked down. This will leave the euro relatively unscathed.
If anything, the IMF is building a case for the return of domestic currency on an individual basis. Such a change would buffer the broader EU from a Greek default. It is always worthwhile to confirm the source information as many sites, including some extremely popular and reputable sites, skew the wording to increase tension and fear in order to prompt more clicks.
This is a perfect example of certain sites getting caught red handed twisting the information out of context. The Wikileaks release did not state “Cause A Credit Event in Greece and Destabilize Europe”. That was the “interpretation” of someone outside of the IMF and Wikileaks. That was then repeated and promoted by a site we all know too well. The same site which is now completely ignoring the fact the China will be issuing SDR bonds.
This same tactic is used by the mainstream media. Find someone who will make a statement and provide an interpretation, and then that interpretation is connected to the original event/story promoted as fact.
It is time for people to wake up from these sorts of tricks and propaganda. The alternative media is no better than the mainstream media. Makes me angry – this abuse of peoples trust.
The Rise of SDR Denominated Bonds
By JC Collins
Back in January of 2014 I began to write macroeconomic posts for Philosophy of Metrics (POM) which concluded that the Special Drawing Right (SDR) of the International Monetary Fund would be elevated within the global monetary system as an alternative to the use of domestic currencies in a reserve capacity.
In fact I started a whole series of articles titled SDR’s and the New Bretton Woods. The first installment was subtitled BRICS Inject Capital into IMF Basket of Currencies and contained the following statement in reference to the 2010 Quota and Governance Reforms, as well as official documentation and reforms coming out of the international institutions:
Continue reading Full Validation of the POM Thesis (FREEPOM)