Economic Patterns and Resource-Based Economy

[ckaricai]

Originally posted to eTLE by DianeHB
________________________

Private session on 5/19/2015

 

MEntity: Hello to you, both. We are here, now. We can begin.

 

Diane_and_Tex: Hi Michael!

 

Tex: I am wondering whether the economy is going to stay the course for the next two years or so, or is it going to falter into a deflation or fall into a rapidly inflating economy where the currency is worth less and less. I feel something is about to happen.

 

This is what I've been reading about: The government can always add money to the economy and try to spur it on. This leads many experts to believe that an inflation will ultimately result. However, the Baby Boomers are spending less and less, and the commodity demand may be weakening. All the while many banks and governments are seriously over-leveraged. This condition could lead to a popping of the financial bubble and lead to a sudden depression.

 

I feel that a deflation will happen. I feel that the next stimulus will not work simply because the commodity demand is now (and has been) too weak and is getting weaker. (Fewer people will be interested in zero-interest loans.) If I am feeling this condition correctly, we need to be out of the stock market and simply have cash. I am trying to see which way to go.

 

MEntity: Of course, this is something too far out to predict, even if we could predict, and even if we could predict with some amount of accuracy, the variables are such that the situation could change direction rapidly. At this point, we can see a fair amount of stability over the next couple of years, with a greater fluctuation in one direction or the other around 2017-2020.

 

MEntity: When you read about these concerns, it is a good idea to look back at any previous statements and predictions made by these sources because predictions of collapse are about as reliable as the predictions of the rapture, so far.

 

Diane_and_Tex: LOL

 

MEntity: There is a great deal of logic and extrapolation that can make the predictions make great sense, but because the nature of the economy is more organic and less-static than a predictable trajectory, one can only look at it in the same way one looks at the weather.

 

MEntity: For example, it is a fact that climate is changing, and so is the stability of the economy, and it can be fairly accurately predicted that extremes may come as results that one cannot avoid, but none of those extremes or their impact can truly be predicted.

 

MEntity: We do know that an overhaul is a part of the trajectory of the local and world economy in ways that would help to bring greater stability and dispersion of wealth and resources, but we do not know when this will begin as a process. We do not think this would begin before 2020.

 

MEntity: As for your concern, we think you will have a fairly clear "heads up" that would help you to know if/when to pull your resources closer to you.

Tex: I still don't understand how a resource-based economy without money could work in our world globally.

 

MEntity: The resource-based economy would be fairly automated in ways that managed distribution from all contributors. There would be no hoarding, no nurturing of greed or fear of lack, because all resources are shared, and every place on the planet has some form of resource that contributes to the well-being of humanity and the planet.

 

MEntity: This eliminates the necessity for negotiations and bidding and competition. It is truly a paradigm shift in how resources are managed, so we understand that it can be difficult to imagine, and we know it seem far beyond the capacity of humanity at this time, but it is not. It is actually far more natural to humanity and could be implemented swiftly and smoothly.

 

MEntity: The benefits for the masses in all areas of the planet would help to more immediately embrace such a concept.

 

MEntity: If you were to lose the technology that would allow this to be on a global level, then the concept is simply scaled down, but with current technology, it is entirely possible to shift toward a global resource-based economy. With anticipated technologies, it would be fairly inexcusable that it would not move in that direction.

 

Diane: That sounds really cool.

 

Tex: It sounds like there wouldn't be wars anymore.

 

MEntity: The only problems this shift would face are from those who resist the paradigm shift, and there will always be those individuals. However, when the sheer amount of abundance available for all is understood and distributed, the concern for who has more falls to the side. Some will want more than others. Some will prefer less. The basics would never be a concern, and the rest is preference.

 

MEntity: When technologies are designed for long-term evolution and no longer designed as planned obsolescence, you are no longer worried about the "next best thing," but simply a part of the wave of upgrades shared among all.

 

MEntity: It is true that warring drops drastically, especially on larger scales. There will always be conflict because it is one of the ways that all creatures learn and grow, but those conflicts would be more interpersonal and intimate rather than faceless and on large scales.

 

MEntity: It is not just that material resources made available make the difference, but philosophical and educational resources. Even more than material abundance, Education is at the heart of dissolving the "necessity" for war. This is one of the reasons education is our primary agenda.

 

Diane: Is the shift to resource-based economy still 50-100 years out?

 

MEntity: At this point, it is shifting closer to 25 to 75 years, but it will depend on many variables. We think the process would begin with one country or a collection of countries who opt to shift in this direction in ways that model the possibilities for other countries.

MEntity: These would be a kind of "hybrid" process in much the same way that shifts toward different power sources have come to be implemented.

 

MEntity: To shift entirely would lead to isolation, and this would not be of benefit to the world.

 

This post was edited by DianeHB at May 31, 2015 2:04 AM EDT

Edited May 30, 2016 by ckaricai

[Yin-da]

On 5/30/2016 at 2:27 AM, ckaricai said:

MEntity: For example, it is a fact that climate is changing, and so is the stability of the economy, and it can be fairly accurately predicted that extremes may come as results that one cannot avoid, but none of those extremes or their impact can truly be predicted.

 

MEntity: We do know that an overhaul is a part of the trajectory of the local and world economy in ways that would help to bring greater stability and dispersion of wealth and resources, but we do not know when this will begin as a process. We do not think this would begin before 2020.

 

From May 2015. And here we are