Saturday, August 13, 2016

Money and Finance -- Operating System and Application Programs

http://www.nakedcapitalism.com/2016/08/how-the-fed-promoted-financial-dominance-and-shadow-banking-by-promoting-repo.html

Posting the link at the start is my short hand, quick to the point way of kicking off what I want to say about it.  The link says what it is all about without having to restate it in some written terms or interpretation.  Far better than simply linking a token word or phrase to the background link itself.  I like that links are now self explanatory and do this rather than being some jumble of unrelated characters representing a link that have no functional meaning other that "click on this thing in blue to see what it is referring to in the World Wide Web. 

A self explanatory link gets to the point!   Gets there so much quicker than I do after embarking on saying something about it or providing my own lengthy introduction.

Just Sayin.

Everything said about money and finance is said in form of code language.  Natural language is code language.  Code standing for conceptual things and there relationships.  Math is code language.  Things are numbers.  Actions are operators.  Put them together and I guess the result would be an expression.  Something that means something as a function of the relationship of a thing and what two thing related to each other by an action "do" as a result.  Music is a code language.  Relational Rules of the Music Operating System are the framework for the creation of Application Programs that do something we can sing along to. 

The Natural Physical World we live in is a coded system of Natural Law Operating System and its Application Programs.  All written in code that we seek to abstract to a language we can understand and use to create our own applications programs that gives us things like cars and candy bars.

Money and Finance.  Extremely abstract conceptual system!  Abstracted directly to expression using Natural Language Code for high level abstraction specification written in English for us that rule the system, translated to other languages with loss in translation being the result much to the benefit of the creators of money and finance.  In a top down breakdown of the system structure it jumps from "Money is Debt" to represent the "Thing" and "Lending" as the action that implements the relationship of the basic two fundamental entity object things the entire system is built on: 

One Big Entity Thing:  The entity that has it (created it from nothing and called it some "thing" possessing its own attributes, methods and messages to interact with other entity things in the system.

The Other Big Entity Thing:  The entity that does not have what the first big entity thing created out of nothing has and sets the rules for the Other Big Entity Thing to get and use to the ongoing benefit of the First Big Entity as well as its own benefit is some form of risk/reward terms.

The next lower level of top down breakdown of the Money and Finance System is intended to lose any normal person in a maze if they attempt to understand the what it is all about and what it does.  That next lower level is code expressed in Natural Language.  English for us.  The same language Shakespeare used to tell us complicated stories.  He, however used words we understood, at least words understood at the time he used them but translated to expression we understand today. 

The link uses a Natural Language code presentation with code words that a normal person would not understand.  What is a repo?  That is when a tow truck tows away a car that is not paid for.  No, it is shorthand code for http://www.investopedia.com/terms/r/repurchaseagreement.asp Repurchase agreement.  What is that?  Buying back your car after it has been towed away to an impound lot?

If you can't speak the language you can't understand what it says.  In that application language becomes weaponized to use against an adversary for the benefit of the entity that created the language operating system and its application programs.  An "interpreter" is needed.   The interpreter "helps" to understand it.  The interpreter protects its position by never allowing the language to be learned by the user!

The link uses natural language code words applicable to some lower level conceptual structure of the Money and Finance System that I do not understand.  I can't relate them to higher or lower level related concepts in terms of "this concept is a component part of this higher level thing" or 'this concept is a collection of these lower level related concepts".  Out of all this up and down relationship of things and their inter "actions" make a system of Money and Finance.  I can't see or understand what the link is attempting to explain.

 I do get some rough idea of what it might be explaining.

I want to know the Operating System of Money and Finance!  Not some hocus pocus commentary on how the game is played on the field that I can't even see!

If I got a Phd in Economics I might understand it?  That would be entering the seminary to become ordained a Catholic priest.  Blessed by God as and instrument of his corner of the market on exclusive rights to the One True Way Religion on earth based on entry to the beyond.

Economics sucks.  It is all about how the game is played.  It is what Money does.  What Money does is Finance.  Finance in the Natural Language System of expression is a verb.  Money is the noun.  Presenting an explanation of a system in terms of what it does is like explaining the game of baseball by listening to a radio broadcaster talk about the play of the game.  The action on the field. 

I never understood basketball.  It is extremely hard to comprehend the rules of the game, the operating system

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