Wednesday 3 August 2011

Breaking News: the "Law of Monetary Rarity"


by on Aug 2, 2011

Because those who stand against us will stand alone. Hello.

Hello.

Yes.

Good evening, listen.

Please tell me.

I wanted to ask you something. Let's say your theory was to be accepted ..

Yes.

.. in Italy, and in Europe. What would happen, when there was too much money, wouldn't the currency devaluate?

Thank you.

We have developed a new scientific evidence, at the University, during my "Graduate School of Legal and Monetary Values."

For the first time in the history of monetary science, we have also developed the "Monetary Law of Rarity."

That is, when the question was posed to Einaudi, Einaudi said, "The rarity of gold was replaced by the wisdom of Governors."

But the wisdom of Governors leads to what we've said, i.e. to a root canal like treatment because of monetary rarefaction, and it torns the Third World with debt before torning it with famine.

So, that is the current situation of the wisdom of Governors. "My gosh, what a wisdom!" Totò would say.

But, at this point, we want to clarify what the Law of Rarity is.

Listen carefully.

Given that the market price is not only the index of the value of an asset, but also the index of the point of saturation of the market, then the market is saturated when the price tends to coincide with the cost of production.

Only when this occurs, and only then we must stop to issue currency and to produce goods because the market is saturated.

So, once we have elaborated this principle of The Law of Rarity, we finally have a law that scientifically establishes the limit of rarity, an objective limit, detectable by all statistical and survey tools at our disposal today.

Just as today the purchasing power of the currency, the GDP and other forecasts are based on statistical data, so are ours!

Because we have discovered the Law of Rarity, we affirm that a currency must be produced only until the realization of a "trend to concurrence" between the law of the market (price) and production cost.

With this Law, we have what in science is called a "principle of technical discretionary," not only because it is scientifically verifiable, but also rationally verifiable by Parliament and the Government, if the Government is acting in good faith, of course.

If the Government is in bad faith, then it only wants to be on the side of loan sharks who want to kill Italy.

Rinaldo Pilla, English translation


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