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Zimbabwe Inflation (update)
The latest official inflation figure for February is reportedly 165,000%. Should the inflationary pressure maintain its recent momentum till year end, then Zimbabwe’s official inflation will be 2,017,000 % by mid year further worsening to 24,672,000% by year end. Once inflation reaches such high levels as Zimbabwe's, it tends to move at an accelerated pace. This is based on current trends -- price controls, shortages, money supply and exchange rate disequilibrium. It should be noted that only three months ago, inflation was around 20,000, now it’s 10 times higher. - New Zimbabwe - 14 April 2008 Blair |
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Zimbabwe Inflation (update)
On Wed, 16 Apr 2008 13:50:55 -0700 (PDT), "Blair (TC)"
wrote: The latest official inflation figure for February is reportedly 165,000%. Should the inflationary pressure maintain its recent momentum till year end, then Zimbabwe’s official inflation will be 2,017,000 % by mid year further worsening to 24,672,000% by year end. Once inflation reaches such high levels as Zimbabwe's, it tends to move at an accelerated pace. This is based on current trends -- price controls, shortages, money supply and exchange rate disequilibrium. It should be noted that only three months ago, inflation was around 20,000, now it’s 10 times higher. - New Zimbabwe - 14 April 2008 And... will probably stay as higher or higher until the election gets sorted out. Had a funny feeling about that last time we discussed this topic. After having read a few articles to catch up, yup - what a mess. |
#3
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Zimbabwe Inflation (update)
On Wed, 16 Apr 2008 18:27:15 -0700, Sir F. A. Rien
wrote: found these unused words: On Wed, 16 Apr 2008 13:50:55 -0700 (PDT), "Blair (TC)" wrote: The latest official inflation figure for February is reportedly 165,000%. Should the inflationary pressure maintain its recent momentum till year end, then Zimbabwe’s official inflation will be 2,017,000 % by mid year further worsening to 24,672,000% by year end. Once inflation reaches such high levels as Zimbabwe's, it tends to move at an accelerated pace. This is based on current trends -- price controls, shortages, money supply and exchange rate disequilibrium. It should be noted that only three months ago, inflation was around 20,000, now it’s 10 times higher. - New Zimbabwe - 14 April 2008 And... will probably stay as higher or higher until the election gets sorted out. Had a funny feeling about that last time we discussed this topic. After having read a few articles to catch up, yup - what a mess. The barter system knows no inflation ... Marx commented on that as well. Religion being the opium of the masses and the unequivocal pay rates for work performed. Few really talk about his financial revelations but rather to discuss the "s" and "c" -ism words. |
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Zimbabwe Inflation (update)
wrote in message
... Marx commented on that as well. Religion being the opium of the masses and the unequivocal pay rates for work performed. Few really talk about his financial revelations but rather to discuss the "s" and "c" -ism words. I have the impression that I'm missing something. Weren't his economic fantasies a part of its general "c" -ist theory? Just to note that: "In Brave New World Revisited, Aldous Huxley states that opium is the religion of the people " :-) http://en.wikipedia.org/wiki/Opium_of_the_people -- Victor Manta ---------------------------------------------------------------------------- Communism on Stamps: http://reds-on.postalstamps.biz/ ---------------------------------------------------------------------------- |
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Zimbabwe Inflation (update)
On Fri, 18 Apr 2008 21:41:47 +0200, "Victor Manta"
wrote: wrote in message .. . Marx commented on that as well. Religion being the opium of the masses and the unequivocal pay rates for work performed. Few really talk about his financial revelations but rather to discuss the "s" and "c" -ism words. I have the impression that I'm missing something. Weren't his economic fantasies a part of its general "c" -ist theory? I believe that his "c" theories were the end result of the financial discussions. I wouldn't call them fantasies, especially about human value and productivity. Those seem to be right on the mark, ooops, Marx. I need to read ALL of Das Kapital before becoming a Marx "scholar in training", but certain points he has made ring quite true, especially about the industrial revolution and how the inequalities of pay scales at the time were truly brutal - moving from peasantry to factory. The "s" and "c" came about as the result of that thinking that the bourgeoisie ruled the roost and that the workers "should" revolt in an attempt at fairness for all. The extremists after that have twisted the "S" and "dc" -isms into something far worse that Marx had in mind. We see that with some fundamentalist Muslims who use their stance as a redemption of terror tactics. Religion against politics. Hitler used politics to subvert religion. I guess there's no difference in the grand scheme of things. Just to note that: "In Brave New World Revisited, Aldous Huxley states that opium is the religion of the people " :-) http://en.wikipedia.org/wiki/Opium_of_the_people Aha! Between them, they certainly are a paradox - or is that a pair of ducks? In Marx's case it was about $. In Huxley's case, it was about soma. Both are commodities, except soma was given to the Brave New World where $ was not in Marx's. Huxley's "sheeple" were mellowed to a point where the TOP thought there was no need for rebellion. Marx's sheeple were on the BOTTOM and needed to rise up. Then, in the reader's digest version of religion vs. opium, one can make a comment that both are external substitutes for internal well-being. We've had our religious wars, our opium wars and many documented on stamps. Sheesh... this could be an all-out open range war, even with philatelic content! :^) |
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Zimbabwe Inflation (update)
On Fri, 18 Apr 2008 20:15:33 +0000, Tracy_Barber wrote:
Then, in the reader's digest version of religion vs. opium, one can make a comment that both are external substitutes for internal well-being. We've had our religious wars, our opium wars and many documented on stamps. Not to mention that one of the reasons I retire to my stamps, especially my tricky stamps, is the release of pleasant serotonin, dopamine, and endorphins I undergo (also, I'm not convinced that Ronsonal is not an addictive inhalant....) Philately as self-medication: how well has this been covered? :-) Now please excuse me while I go take an Oxycontin and open up a bag of kiloware.... -- Joshua McGee ‹(•¿•)› APS, ATA, ISWSC, AFDCS, MBPC, MCC, BPS Pasadena, California, USA http://www.mcgees.org/stamp-offers/ |
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Zimbabwe Inflation (update)
wrote in message
... On Fri, 18 Apr 2008 21:41:47 +0200, "Victor Manta" wrote: wrote in message . .. Marx commented on that as well. Religion being the opium of the masses and the unequivocal pay rates for work performed. Few really talk about his financial revelations but rather to discuss the "s" and "c" -ism words. I have the impression that I'm missing something. Weren't his economic fantasies a part of its general "c" -ist theory? I believe that his "c" theories were the end result of the financial discussions. I wouldn't call them fantasies, especially about human value and productivity. Those seem to be right on the mark, ooops, Marx. I need to read ALL of Das Kapital before becoming a Marx "scholar in training", but certain points he has made ring quite true, especially about the industrial revolution and how the inequalities of pay scales at the time were truly brutal - moving from peasantry to factory. The "s" and "c" came about as the result of that thinking that the bourgeoisie ruled the roost and that the workers "should" revolt in an attempt at fairness for all. The extremists after that have twisted the "S" and "dc" -isms into something far worse that Marx had in mind. snip On one hand, Tracy, I'm shortly reacting, for moral reasons. On the other hand, such short discussions will hopefully help me improving my philatelic site (link below; just to mention that "reds" will include later also the Nazis). Marx communism, as imagined by him, was more brutal then for example what Stalin implemented in USSR (which was horrible enough though). No need to read the whole Kapital to find out what Marx projected for the wellness of the mankind. It is maybe enough to find out that he is the ideological father of the forced working (read concentration) camps in Germany, USSR, etc. and of the collectivization of the social life (the life in communes - read collectivization of women - in the free West, as result of the 1968 youngsters' "revolutions", 40th birth anniversary being commemorated this year). BTW, is anyone aware of a stamp related to the 1968 movement? Please note that Marx hasn't included the newer economic statistics of his time in the revised version of Kapital, because the new data contradicted his findings, based on earlier statistics... The movement from peasantry to factories was a big improvement, when one takes in consideration how was the life of the peasantry before the industrial revolution. The name of Dark Ages is actually fully deserved. -- Victor Manta ---------------------------------------------------------------------------- Communism on Stamps: http://reds-on.postalstamps.biz/ ---------------------------------------------------------------------------- |
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Zimbabwe Inflation (update)
On Sat, 19 Apr 2008 05:35:58 GMT, Joshua McGee
wrote: On Fri, 18 Apr 2008 20:15:33 +0000, Tracy_Barber wrote: Then, in the reader's digest version of religion vs. opium, one can make a comment that both are external substitutes for internal well-being. We've had our religious wars, our opium wars and many documented on stamps. Not to mention that one of the reasons I retire to my stamps, especially my tricky stamps, is the release of pleasant serotonin, dopamine, and endorphins I undergo (also, I'm not convinced that Ronsonal is not an addictive inhalant....) Philately as self-medication: how well has this been covered? :-) Now please excuse me while I go take an Oxycontin and open up a bag of kiloware.... Not that's what I would call painless sorting. |
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Zimbabwe Inflation (update)
On Sat, 19 Apr 2008 11:05:17 +0200, "Victor Manta"
wrote: wrote in message .. . On Fri, 18 Apr 2008 21:41:47 +0200, "Victor Manta" wrote: wrote in message ... Marx commented on that as well. Religion being the opium of the masses and the unequivocal pay rates for work performed. Few really talk about his financial revelations but rather to discuss the "s" and "c" -ism words. I have the impression that I'm missing something. Weren't his economic fantasies a part of its general "c" -ist theory? I believe that his "c" theories were the end result of the financial discussions. I wouldn't call them fantasies, especially about human value and productivity. Those seem to be right on the mark, ooops, Marx. I need to read ALL of Das Kapital before becoming a Marx "scholar in training", but certain points he has made ring quite true, especially about the industrial revolution and how the inequalities of pay scales at the time were truly brutal - moving from peasantry to factory. The "s" and "c" came about as the result of that thinking that the bourgeoisie ruled the roost and that the workers "should" revolt in an attempt at fairness for all. The extremists after that have twisted the "S" and "dc" -isms into something far worse that Marx had in mind. snip On one hand, Tracy, I'm shortly reacting, for moral reasons. On the other hand, such short discussions will hopefully help me improving my philatelic site (link below; just to mention that "reds" will include later also the Nazis). Marx communism, as imagined by him, was more brutal then for example what Stalin implemented in USSR (which was horrible enough though). No need to read the whole Kapital to find out what Marx projected for the wellness of the mankind. Hmmm... Considering your life in Romania, I have nothing to compare it with. I guess that's not how I read this part, but then again, Marx has a peculiar way of writing which does take some getting used to, as my class instructor cautioned me. The class was a residency called "Is Freedom At Risk". He, of course, was right. One may have to double or triple read something and may still not get it. It is maybe enough to find out that he is the ideological father of the forced working (read concentration) camps in Germany, USSR, etc. and of the collectivization of the social life (the life in communes - read collectivization of women - in the free West, as result of the 1968 youngsters' "revolutions", 40th birth anniversary being commemorated this year). BTW, is anyone aware of a stamp related to the 1968 movement? Dunno about that, but I didn't read about the concentration camp ideals in his writings. I did, however, read about revolution for change and about attempting equality of the people for the people instead of bourgeois control. Naivety on my part, of course, but I don't have this impression he was trying to upstart the British during the Boer War. It's rather sad, but we think that Germany had an original hand in most of the atrocities perpetrated on the people. Eugenics started in the U.S.A., not Germany. Read the book "Mad in America". CC were started during the Boer War. They simply put them together. Please note that Marx hasn't included the newer economic statistics of his time in the revised version of Kapital, because the new data contradicted his findings, based on earlier statistics... But one thing he hinted at was global marketing, from what I read. That was rather forward thinking. I think this has led to NVI stamps! --- :^) The movement from peasantry to factories was a big improvement, when one takes in consideration how was the life of the peasantry before the industrial revolution. The name of Dark Ages is actually fully deserved. Well, the Dark Ages actually happened a bit before 1840 or so, but who's to argue, eh? The baron land-owners were being trumped by the baron factory-owners with the promise (premise?) of increased wages. In the wake of said "revolution", other exploitation has occurred. It seems an never-ending cycle, like the Flag Over The ________ stamps of the USA. :^) Our current rate of events has been pretty much driven by the "computer revolution" and to have everything yesterday. I've posed the question somewhere, but I wonder what Marx would have thought about that? Alienation twice removed! I do have a tendency to appreciate what Marx was writing about human value (not values) in a spiritual sense, not a revolutionary sense, in which many people view him. Further, I wonder how many of the great masses know that he is not Russian, but German and Jewish? Not that they would care, because they would lump him in with the distorters that followed him. A footnote also - quite a bit of Marx's writing was edited / completed by Friedrich Engels, a committed communist. I do try to separate his economical writings from his manifestos (which I haven't read yet) because they were the first on such issues, such as commodity fetishism and alienation. Those topics should be discussed in economics classes, if for nothing else, a history lesson. Compared to other writers of his time, Marx didn't gloss over this area, according to some critics. He wasn't entirely anti-capitalism, but he wasn't pro for sure. So, in closing on this, I have tended to stick with the economic Marx instead of the communist, political Marx. In a sense, the Marx stamps issued have served him up on a pedestal of all things communism and have done him an injustice about his other writings. I am neither socialist nor communist... |
#10
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Zimbabwe Inflation (update)
wrote in message
... On Sat, 19 Apr 2008 11:05:17 +0200, "Victor Manta" wrote: wrote in message . .. Dunno about that, but I didn't read about the concentration camp ideals in his writings. Many others did read, like in this example: Even the efforts to fight Marxism with its own weapons have inevitably taken a Marxist turn. Both Naziism and Fascism, Biographer Schwarzschild points out, are Marxist mutations whose predestined political form is therefore the police state. In Nazi concentration camps, as in Russian forced-labor camps, Karl Marx was the presiding genius. In the name of human progress, Marx has probably caused more death, misery, degradation and despair than any man who ever lived. http://www.time.com/time/magazine/ar...3698-1,00.html snip Further, I wonder how many of the great masses know that he is not Russian, but German and Jewish? It is difficult to imagine that somebody named Karl Marx can be taken for a Russian :-) As for his Jewishness, eventually take a look at the article: A Comprehensive Look at Marx the Antisemite, in http://marxwords.blogspot.com/ or at many other sources. So, in closing on this, I have tended to stick with the economic Marx instead of the communist, political Marx. There is only one Marx, the communist one, in all his writings. In a sense, the Marx stamps issued have served him up on a pedestal of all things communism and have done him an injustice about his other writings. I am neither socialist nor communist... No stamps on Marx anymore, which is a good sign of the evolution of the mankind. I'm neither an antisocialist nor an anticommunist but a man of freedom. BTW, the Zimbabwe inflation (this thread's subject) is also a consequence of Marx ideas. -- Victor Manta ---------------------------------------------------------------------------- Communism on Stamps: http://reds-on.postalstamps.biz/ ---------------------------------------------------------------------------- |
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