A New Confirmation of the POM Thesis

JcollinsEconomics, Premium POM

Former IMF Deputy Director Mohamed El-Erian has published a piece with Project Syndicate which all but confirms the thesis which we have been discussing here on Philosophy of Metrics for years. The call for a broader use of the SDR is not the surprising part. What is surprising is El-Erian’s suggestion that the growing anti-globalization political movements and trade protectionism should be the call to implement a “stronger multilateral core for the world economy” which would “reduce the risk of damaging fragmentation”.

Readers will pick up on the reference to the “new modern nationalism” theme which I have suggested would be used as the springboard to further advance the transformation of the international monetary framework. The use of the word “fragmentation” is also a strong reference to the deeper articles which exist here on POM.

Masking the SDR with a New Gold Standard

JcollinsEconomics, FREEPOM7 Comments

Is there a snake in the wood pile?

A recent article in Forbes has suggested that the Trump Presidency has three options regarding the international monetary system. One option is to continue with the dollar as the primary reserve currency. Most readers will be aware of the challenges from such a continuation. The growing imbalances within the existing system are creating the need for a structural change. So this is not a option worth considering.

The second option which Forbes suggests is to use the Special Drawing Right (SDR) of the International Monetary Fund (IMF) as the global reserve asset. This concept has been thoroughly reviewed and explained here on POM and does provide a viable path forward pending what solutions and protections are put forward to address concerns over loss of sovereignty.

We Are All Savage

JcollinsEsoteric, Premium POM

Understanding the Masonic Pillars of Boaz and Jachin

The wilderness calls forth the mysterious challenge upon which the weight of the world rests its hopes and dreams. The Hebrews were lost in the wilderness for a longtime. Within its rankness and thickness the hopeless wander in savage and stupefied abandon. There is but one path which leads out of the wilderness. This path is seldom discovered and even less seldom traveled by the weighted and weary.

The wilderness has mineral, vegetable and animal parts. Man, the personification of the wilderness, is the physical accumulation of mineral, vegetable and animal. It is in our blood and kidney’s. It is in the plant like nature of our circulatory and nervous systems. It is the meat of our flesh and the marrow of our bones.

SDR and the New Bretton Woods – Volume One

JcollinsEconomics, FREEPOM, SDR's and the New Bretton Woods15 Comments

When starting Philosophy of Metrics (POM) on December 31, 2013 I had no real idea what to write about. There were some general ideas which assisted in coming up with the name for the site, but outside of that I viewed it as an opportunity to get some thoughts out.

Within a few weeks it became self-apparent that my focus was leaning towards the transformation of the international monetary system. Outside of a few older articles and vague references it appeared that no one was aggressively researching and presenting information on this transformation and the use of the Special Drawing Right (SDR) of the International Monetary Fund to achieve the evolving objectives.

More Trouble for Egypt on the Horizon

JcollinsEconomics, Geopolitical, Premium POM

A recent statement by China and Egypt endorsing the Silk Road Economic Belt and the 21st Century Maritime Silk Road Initiative will draw the ire of the Anglo-American establishment. Both are together known as the Belt and Road Initiative and represent the initial phase of the Eurasian Economic Union which is being promoted by Russia.

Readers of the article The Great War for Eurasia will understand that the battle for Eurasia is being fought and won on the outskirts of the Eurasian continent. The so-called civil war in Ukraine is far from over and has been left smouldering so it can be reignited when needed down the road. The unfolding situations in Syria and North Korea are fast moving towards some sort of transformation one way or the other.

Either both regions will see a semi-peaceful change and acceptance by the Anglo-American establishment towards allowing the continent to decide its own destiny within the Eurasia Union or they will collapse into all-out warfare which could drag on for years.

The announcement by China and Egypt on Belt and Road initiatives will ensure that Egypt gets further embroiled in the incremental strategies which represent the great war for Eurasia. A few months back both nations signed a currency sway arrangement which was meant to assist Egypt with its economic challenges and set the framework for integration into the emerging Eurasian Economic Union.

Fast Moving News and Long-Trend POM Confirmations

JcollinsUncategorized

Though there are numerous ways to interrupt specific data and singular events, a more accurate and conclusive method is to trend over an extended period of time. If the analysis and conclusions are accurate, the long-term trend should be aligned with the original proposition.

With that being said, we are experiencing a fast amount of news and further confirmations of the POM thesis which we have been discussing since January of 2014. The obvious one today is that President Trump once again suggested that the dollar is overvalued. This fits with the long-trend POM thesis that the Trump administration and mandate are aligned with the larger macro objectives of transforming the international monetary system from the existing USD unipolar one to the more balanced and efficient multi-currency and multilateral framework.

The incremental strategy of Trump to “talk-down” the dollar is now undeniable. Scripted political speeches are well thought-out and every word and statement has a very specific and goal oriented objective. Nothing is left to chance.

The other trend which I would like to draw attention to is the stated POM conclusion that North Korea is in fact a puppet state of the Anglo-American establishment. The recent announcement by China that they will get involved and handle the Kim regime (I hate that term) is suggestive that they know the game plan and want to occupy the North before America does.

The Great War for Eurasia

JcollinsEconomics, FREEPOM, Geopolitical30 Comments

Nothing you have been told is true.

The 59 Tomahawk cruise missiles which President Trump fired at Syria on April 6, 2017 has left most supporters either surprised or confused. In some cases both. The rampant propaganda which has bookended this event is even more unbelievable than that which accompanied the media onslaught in the lead up to the Iraq invasion of 2003.

The emotional illogic contagion which spreads when we are fighting “for the children” is the most effective of the propaganda tactics. It taps into our deepest and most human characteristic. The need to protect our children and those who are innocent is something which no one could argue with, lest they be labeled a monster.

The alleged sarin gas attack on the Syrian people by President Bashar al-Assad fits this profile and brings back memories of Iraqi soldiers taking Kuwait babies out of incubators and throwing them on the floor. These fabricated events manufacture the required support to rally mass populations behind a cause and war which they otherwise may not agree with. Humans are emotion based and can be conditioned with relative ease on most issues.

The complex nature of world events and challenges would require intense explanations and a broad knowledge base to understand. This is not to suggest that people do not deserve the truth and that a high percentage of the population could not comprehend and manage a working understanding of how the world functions. It simple acknowledges the factual data of the intelligence bell curve within demographics and the disproportionate ability of people to process and transfer information and knowledge with any consistent level of accuracy.

The truths around the developing events in Syria are about so much more than sarin gas and innocent children. The gas attack itself is in serious question as Assad had zero motive to commit such an attack. Previous accusations of Assad gassing his own people turned out to be fabrications and propaganda, or the acts of the Western supported rebels and terrorists organizations operating in the country for the purpose of removing Russian ally Assad from power.

The Artificial Man

JcollinsCultural, Economics, Premium POM

Freedom, Capitalism and Robot Ownership

The expansion of simulated human culture, which ironically functions and exists in the real world, started with the industrial revolution. It was during this era that man began to shift responsibilities onto inanimate and non-conscious objects and machines which lessened the workload of his accountabilities.

Though small at first, the evolution of industrialism and technological conveniences brought with it a sort of unnatural and simulated interaction with the physical world. This interaction was based on a third dynamic which was inserted in between man and the natural world. Washing machines, trains, ovens, dishwashers, hydraulic systems, power systems, electricity, telecommunication, computers, and even cameras, all contributed to man using less of the organic and physical capabilities provided to him. From strong hands to brain memory, nothing was left untouched. All human functions began to rely on the artificial and simulated characteristics of machines.

The expansion of capitalism rode on the back of the industrial revolution and experienced its best periods as industrialism took hold and job growth was rampant. Reliance on machines and technology did not just make each individual human life better but it also made the life of corporations better as improved efficiencies and productivity were sought.

The inevitable loss of jobs for the average man which took place was offset by new jobs which required additional skills and improved cognitive abilities. This created new avenues of human opportunity through the use of trade schools and the expansion of educational curriculums to include specific cultural and socioeconomic considerations.

It was this very transformation of mind and cognitive semi-rationalization which man utilized to expand thought-forms and manufacture a simulated world around him. Something needed to happen with all the extra time the human brain now had. The rise of the liberal-left mindset could have very well been a product of this “available” brain activity as it acted on the deficiencies which were epidemic in the young ideals of capitalism.

The trade unions and political movements which emerged to protect the rights of the workers provided the base structure of the future liberal order. This order would eventually corrupt the original ideals of capitalism and use that system of socioeconomics to strengthen and spread the leftist mandates of socialism.

Keep in mind that these are the broad strokes and each area mentioned in the article is a full on research discussion in itself. What is important to focus on is that the expansion of worldwide socialism is in fact the liberal-left objective, and the advanced technology which we have at our fingertips today is meant to serve as the Trojan horse for that socialism.

Cultural Segregation and the Failure of Multiculturalism

JcollinsCultural, FREEPOM8 Comments

There is a need to be direct and specific. Multicultural globalism has failed. But a form of national globalism could emerge to take its place.

Decades of one-sided cultural acceptance policies are coming to an end. The flood of immigration into the Western world from the third world and emerging nations has created a disproportionate multiculturalism. This one-way mass migration of people has not been bi-directional and has in fact been a form of simulated multiculturalism. The demand to come west has stood in contrast to a complete lack of desire for those in the West to migrate eastward.

The acceptance policies of the multicultural mandates were predominantly focused on transforming the culture and heritage of the West to accommodate this demand and endless supply of migration and immigration. Based on the low West to East migration levels there was little demand on the cultures of the origin nations – those third world and emerging countries – to embrace the idea of multiculturalism and accept the Western heritage.

It can be argued that even if a larger West to East migration existed, the willingness in the Eastern host nations to transform their own cultures to accommodate the incoming Western culture would not be a priority. It could even be violently resisted.

Even though Western commercialism has been exported around the world, the receiving nations have integrated those brands and styles into their own cultural identity and have discarded the Western specific ancillary side effects associated with unbridled consumerism, though they do have their own version of these human character deficiencies.

The Trump Gold Standard with China and Russia

JcollinsEconomics, Premium POM

POM called the China Mar-A-Lago visit 4 months ago. Let’s see what happens this week as Xi visits Trump on Thursday and Friday.

From the Dec 5 post:

“The stage could very well be getting set for a return to sound money principles with the establishment of semi-gold standards in not just China and America, but also Russia and India, and perhaps a few smaller players as well. It is obvious that the Trump machine is more aligned with these international players than the Anglo-American establishment which he just overthrew domestically.”

This also aligns with the recent announcement of coordination between China and Russia on monetary matters as the Central Bank of Russia opens a representative location in Beijing. The South China Morning Post is also reporting that Russia and China will be making transfers between their gold trading platforms more open and efficient.

Some are getting excited about this and promoting the concept that China and Russia are about to switch to gold-back currencies and completely by-pass the USD. I can assure you that this is not the case. Ease of trade between each others gold trading platforms does not support the leap of gold backed currency. But it could be a step towards some form of partial gold backing as was described in the POM post from last December.

America has to be a part of whatever path forward is taken. This is why Russia and China are working towards alignment with Trump on monetary and geopolitical matters. It will take the coordinated effort of both of the worlds largest economies, America and China, to rebalance the international monetary system.