Daniel P. Fitzpatrick Jr.'s Blog
September 1, 2012
GRAVITY and INERTIA are caused by the QUARK spin.
While magnetism is caused by the electron spin, GRAVITY and INERTIA are caused by the QUARK SPIN.
http://www.amperefitz.com/quarkspin.htm
http://www.amperefitz.com/quarkspin.htm
August 18, 2012
a money supply WARNING!
Look at the actual real EFFECTIVE money supply:
http://www.amperefitz.com/kissinger.htm
Will things go this way?
http://www.amperefitz.com/kissinger.htm
Will things go this way?
a money supply WARNING
The money supply that can be accurately counted,
the M2
MONEY SUPPLY
is government money plus bank deposits and non-institutional money-market funds.
But the actual real
EFFECTIVE
MONEY SUPPLY
that can only be estimated approximately,
is made up of precious metals plus government and bank money plus any loans of any type on any thing.
This world uses - and has been using for thousands of years - what is termed a " fractional reserve banking system".
We know, since recorded time, that goldsmiths were issuing paper receipts for gold and these circulated as paper money does today.
These early goldsmiths got rich by writing up many more of these receipts for gold then they had gold backing for because only a fraction of people came in - at any one time - to actually obtain their gold.
This " fractional reserve banking system". works in today's banks as well because only a fraction of the people with money in the bank come in - at any one time - to get their money out. Therefore, your government and other governments claim, banks need only to keep a fraction of their money in reserve and not loaned out.
This " fractional reserve banking system". keeps far more people employed than if only precious metal coins are used as money. However, it is not a stable system and it has severely broken down time and time again throughout the ages.
On November 14, 1974 Henry Kissinger made a speech saying ". . . The Industrial nations now face a collective payments deficit of forty trillion dollars, the largest in history . . . The nations of the developing world now face a yearly deficit of twenty trillion . . ." (this can be found in The Coming Deflation a book by C.V. Myers 1976, page 199)
Today in the year 2012, the deficit for the developing nations is probably closer to a hundred trillion and the deficit for all the industrial nations is in the hundreds of trillions.
Not even considering derivatives, the amount of the effective money supply in circulation, in this world, is somewhere between 12 - 30 times the amount of gold and printed paper currency money.
Thus, most of the money used in this world is not real money; it is borrowed money created by the banking system.
People can spend borrowed money - driving up prices - exactly the same way they can spend real earned money.
So all this bank type money - any loan on any thing - causes inflation, exactly the same as printed money. And when it is removed then it causes deflation (falling prices).
These deflations - caused by bankruptcies and defaults lowering the money supply - come fast! And the more money involved, the faster they come and the damage caused is more severe.
In the 1929 stock market crash, stocks eventually lost 90% of their value. But if Europe comes unglued, the results to world stock and bond markets could be far worse than that. Remember, now we will also be having derivatives adding to the deflationary fire.
This fractional reserve banking system gives us both severe inflations - such as in Germany where at the end of 1923 a person needed 726 billion marks to buy what one mark bought in 1921 - and severe deflations as the one in the U.S. that began abruptly in 1929.
It's a banking system that is far better than slavery in getting a huge amount of work out of the people but it lacks a good steering system that can keep it going straight down the road. It always wants to waver either toward inflation or deflation.
Therefore, this gives (my estimation) close to a fifty-fifty chance - with this Euro problem - that a severe deflation is coming to all of us providing China slows down considerably too. My hope is that China keeps moving people from the farms and into her newly built cities thus keeping expansion in China above 5% and providing all of us a lesser chance of a severe deflation..
However, if this world deflation does indeed happen, while this page is still on the internet, then I think this effective money supply concept is the simplest and best way to comprehend exactly why it did happen.
Daniel P. Fitzpatrick Jr.
the M2
MONEY SUPPLY
is government money plus bank deposits and non-institutional money-market funds.
But the actual real
EFFECTIVE
MONEY SUPPLY
that can only be estimated approximately,
is made up of precious metals plus government and bank money plus any loans of any type on any thing.
This world uses - and has been using for thousands of years - what is termed a " fractional reserve banking system".
We know, since recorded time, that goldsmiths were issuing paper receipts for gold and these circulated as paper money does today.
These early goldsmiths got rich by writing up many more of these receipts for gold then they had gold backing for because only a fraction of people came in - at any one time - to actually obtain their gold.
This " fractional reserve banking system". works in today's banks as well because only a fraction of the people with money in the bank come in - at any one time - to get their money out. Therefore, your government and other governments claim, banks need only to keep a fraction of their money in reserve and not loaned out.
This " fractional reserve banking system". keeps far more people employed than if only precious metal coins are used as money. However, it is not a stable system and it has severely broken down time and time again throughout the ages.
On November 14, 1974 Henry Kissinger made a speech saying ". . . The Industrial nations now face a collective payments deficit of forty trillion dollars, the largest in history . . . The nations of the developing world now face a yearly deficit of twenty trillion . . ." (this can be found in The Coming Deflation a book by C.V. Myers 1976, page 199)
Today in the year 2012, the deficit for the developing nations is probably closer to a hundred trillion and the deficit for all the industrial nations is in the hundreds of trillions.
Not even considering derivatives, the amount of the effective money supply in circulation, in this world, is somewhere between 12 - 30 times the amount of gold and printed paper currency money.
Thus, most of the money used in this world is not real money; it is borrowed money created by the banking system.
People can spend borrowed money - driving up prices - exactly the same way they can spend real earned money.
So all this bank type money - any loan on any thing - causes inflation, exactly the same as printed money. And when it is removed then it causes deflation (falling prices).
These deflations - caused by bankruptcies and defaults lowering the money supply - come fast! And the more money involved, the faster they come and the damage caused is more severe.
In the 1929 stock market crash, stocks eventually lost 90% of their value. But if Europe comes unglued, the results to world stock and bond markets could be far worse than that. Remember, now we will also be having derivatives adding to the deflationary fire.
This fractional reserve banking system gives us both severe inflations - such as in Germany where at the end of 1923 a person needed 726 billion marks to buy what one mark bought in 1921 - and severe deflations as the one in the U.S. that began abruptly in 1929.
It's a banking system that is far better than slavery in getting a huge amount of work out of the people but it lacks a good steering system that can keep it going straight down the road. It always wants to waver either toward inflation or deflation.
Therefore, this gives (my estimation) close to a fifty-fifty chance - with this Euro problem - that a severe deflation is coming to all of us providing China slows down considerably too. My hope is that China keeps moving people from the farms and into her newly built cities thus keeping expansion in China above 5% and providing all of us a lesser chance of a severe deflation..
However, if this world deflation does indeed happen, while this page is still on the internet, then I think this effective money supply concept is the simplest and best way to comprehend exactly why it did happen.
Daniel P. Fitzpatrick Jr.
August 27, 2010
This is why we have Gravity
If you want to know WHY we have Gravity then click this link below:
http://www.rbduncan.com/why.we.have.g...
A correct theory of gravity will show us these four (4) things:
1. It will show us why gravity also acts like acceleration (principle of equvalence).
2. It will show us the actual cause of gravity.
3. It will show us why gravitational mass and inertial mass are identical.
4. It will show us the speed of gravitational attraction.
Newton said gravity was acting at a much faster speed than Einstein.
Which one of them was right?
http://www.rbduncan.com/why.we.have.g...
A correct theory of gravity will show us these four (4) things:
1. It will show us why gravity also acts like acceleration (principle of equvalence).
2. It will show us the actual cause of gravity.
3. It will show us why gravitational mass and inertial mass are identical.
4. It will show us the speed of gravitational attraction.
Newton said gravity was acting at a much faster speed than Einstein.
Which one of them was right?
April 23, 2010
Dark Energy and Dark Matter
Why NASA tells us we have 72% Dark Energy, 23% Dark Matter and 4.6% Atoms.
Click link below:
http://www.amperefitz.com/dark.m.e.htm
Click link below:
http://www.amperefitz.com/dark.m.e.htm
