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August 20, 2015 | Keynesian Economics a Sham and more!

Donald B. Swenson: Born January 24, 1943, Roseau, Minnesota. Graduated H.S. 1961, Moorhead High, Minnesota. Graduated College 1968, Moorhead State University, Minnesota. Designated member of Appraisal Institute (MAI), 1974. Employed with Western Life Insurance Company, 1968 – 71; Iowa Securities Company, 1971 – 73; American Appraisal Company, 1974 – 81. Part-time teacher/valuation consultant/bartender, 1979 – 2008 (taught workshops at Waukesha County Technical Institute, Wi. and Madison Area Technical College, Wi.). Retired 2008 (part time teacher/blogger), AZ. Self educated economist/philosopher/theologian:

The philosophy which all our central bank economists are implementing today is called Keynesian economics. This philosophy should be viewed as a sham and a scam on the profession called Economics. Our Central Bankers are now using ‘imaginary’ numbers for our money and using ‘imagination’ to influence, manipulate, and control all our financial markets. This is total fantasy and an empty process for creating prosperity and growth. Think about the use of ‘imaginary’ numbers (now ‘bit’ units in our computers) and using these bit units as money! This is a sham and a scam which needs to be exposed for what it is! What is a Sham? Let’s define!

Sham: Something false or empty that is purported to be genuine; a spurious imitation. The quality of deceitfulness; empty pretense; bogus; false. Falsely presenting something as the truth.

Keynesian economics assumes that cardinal numbers are real ‘things’. This, to me, is pure myth! Think about the nature of ‘numbers’! Should mere numbers be called our Wealth?

What everyone needs to recognize is that Keynesian economics is based upon mere ‘imaginary’ numbers as representations of wealth. Think about this scam on the intelligence of the common man and upon all thinking people. Imaginary numbers derive from our imagination. Imaginary numbers do not exist within our Space/time universe. Imaginary numbers have become ‘virtual’ numbers within our computer screens. We chase these virtual/imaginations when we trade, speculate, invest, save, borrow, and lend. This should not be viewed as sound economics!!!

All the stimulus activities of our Central Bankers merely distort all asset prices! Prices, today, are determined by machines and algorithms (not people)…this is scandalous! Prices are now unreal and distorted!

Our elite economists have adopted mere ‘imagination’ (numbers) as representation of wealth. We all chase these imaginary numbers so as to increase our wealth. Think! How can imaginary numbers be representations of real WEALTH? I accumulate these imaginary numbers when I click my mouse to buy a virtual stock, bond, derivative. I accumulate these imaginary numbers in my savings account, my investment account, and my pension account. All I have to represent my wealth are these ‘imaginary’ NUMBERS! What kind of economics is this? What happened to silver and gold?

Keynes and math worked for a time but now we need some reality from nature! Wealth is not ‘numbers’ and ‘math’. Wealth is derived from our planet (its material resources)! Money also needs to be material!

Today, our elite Central Bankers are creating trillions of ‘imaginary’ numbers for loans and to stimulate their economy. Numbers are typed into a computer screen (becoming a virtual bit unit) and then these units of nothing (imagination) are circulated as real representations of wealth and money. This is preposterous and a pure scam which needs to be exposed for what it is! Numbers derive from my consciousness (my mind)…not from nature. Wealth, in reality, comes from nature…not my inner consciousness. Think about this deceit (deception) called Keynesian economics! Where is it leading all of our markets?

QE is spending imaginary ‘numbers’ (1, 2, 100, 500, etc.) from our computer bit accounts! These bits (numbers) are created by our Keynesian Central Bankers (out of nothing)! Real WEALTH, however, is derived from nature (our physical planet)! We need a NEW model for our economic profession!

QE is another scam on the intelligence of any thinking person. QE is merely a ‘name’ for the official counterfeiting of legal tender units (now mere bits in the computer screen). Bits and bytes in our computer screens are not wealth or representations of prosperity. These imaginary units are representations of NOTHING and are located NO WHERE. What kind of economics is being perpetrated upon the people of this planet? We call this economics by the name: Keynesian economics. In reality, we should call this philosophy FANTASY! Wealth is not derived from my inner consciousness (my mind)! Wealth comes from nature!

QE is a Scam and a Sham on the intelligence of any thinking person. It’s creation of ‘imaginary’ numbers from the mind and typing these numbers into a computer screen! This is then called WEALTH!

Wealth consists of food, clothing, transportation, and all items which we witness in our retail stores. Wealth is tangible, visible, and material. Wealth exists in Space/time! Numbers, however, are units of imagination…derived from a mind, a thinking person, a conscious administrator. Today, our markets are mostly creations of imagination (index units) and bits/bytes in the computer screen. Virtual units of nothing are promoted as our WEALTH. Economics is supposed to be focused on increasing real tangible WEALTH. Read about a real economist by the name of Adam Smith and his Wealth of Nations! Today’s economics are a Sham. That is my view! I am:

The above items are real WEALTH (as defined by economist’s like Adam Smith)!

Wisdom:   Reality consists of TWO realms. The material realm and the mental realm! To comprehend separate the ‘name’ from the ‘object’. Numbers and names are inner units of Consciousness! A silver coin is an ‘object’ (material) the ‘name’ on the object (dollar) is derived from mind or one’s inner consciousness!

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August 20th, 2015

Posted In: Kingdom Economics

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