Revised November 11, 2013
This is the fourth set of axioms in the Axioms of Economics. This set will include two sections of Axioms. The first section includes the Axioms covering Production Rewarding. The second section includes the Axioms covering Money Supply and Money.
Rewarding Production has been found to lead to prosperity. In Societies and Nations where production is rewarded, those Nations and Societies prosper very well. In Societies and Nations where non-producers and counter-producers are rewarded we find recessions, depressions, wars and hard economic times. The prosperity of the Societies and Nations rewarding non-production and counter-production is low and declining. The only solution that will solve a Society or Nation declining economically is to fully reward the Producers of the commodities, trades, goods and services. They must be rewarded in full for the money, value, energy, wealth, capital and power they have created.
Production Rewarding Axioms:
72. As production rewarding increases, money value increases.
Money value increases because increasing production rewarding gives Producers incentive to increase production rates. This increase in production on the Open Market causes demand for products to decrease, decreasing the value of the products. This allows for each money unit the power to purchase more production per money unit.
73. As production rewarding decreases, money value decreases.
Money value decreases because decreasing production rewarding lowers Producer incentives. Lower Producer incentive decreases production rates. This decrease in production on the Open Market causes demand for products to increase. Increased demand increases the value of the products. This increase in product value causes an increase in money units necessary to purchase the product. The money now has less value because it takes more money units to purchase the same product volume.
74. As the rewarding of non- production and/or counter-production decreases, money value increases.
75. As the rewarding of non-production and/or counter-production increases, money value decreases.
76. Reward production and only production, never reward non-production or counter-production.
77. Reward the Producers and they will reward you with abundant production.
78. Reward non-production and non-production will increase abundantly while production decreases.
79. Reward counter-production and counter-production will increase abundantly while production decreases.
80. Rewarding Producers enhances the prosperity of the individual, family, society, nation, mankind and the environment.
81. Rewarding non-production or counter-production directs the individual, family, society, mankind, nation and environment toward economic recessions and depressions.
82. Any individual making money in any other way than through the production of commodities, trades, goods and services is a rewarded non-producer or a rewarded counter-producer.
83. A society that is rewarding non-production and/or counter-production is declining economically.
84. Any society that is declining economically is rewarding non-producers and/or counter-producers on a large scale.
85. By rewarding non-producers and/or counter-producers you are helping yourself decline economically along with the non-producers and/or counter-producers.
86. Increased production rewarding increases sanity in a society, thus decreasing crime and war.
87. Increased non-production and/or counter-production rewarding increases insanity in a society, thus increasing crime and war.
88. War when used as the first solution or any solution other than the last solution to a problem is a system of rewarding counter-production. This activity causes the individual, family, society; nations, mankind and environment to decline economically.
Money Supply and Money Axioms:
The money supply provides symbols used for the medium of exchange. When a constant money supply is maintained we have a standardized economic system. The money supply gives us money unit objects. These money unit objects are where value, energy, and power are transferred and stored. The value, energy and power are transferred into and stored in money units during the process of marketing goods and services on the Open Market.
This section includes the formula for applying a Constant Money Supply to Banking.
It is found; when constant money supplies are maintained, very stable economic systems are created by Producers.
89. When a constant money supply is maintained, we maintain a constant unit of measure in money units for monitoring the value of production.
90. Money, in money units, is a means of measuring relative value of products on the Open Market.
91. A Constant Money Supply applied to banking;
A. Hold the number of monetary units constant in the money supply.
B. Decide what ratio, money on hand to money loaned out, is most stable when loaning out money. Then hold this ratio constant. This will set up banking so it will never fail.
C. Banks don’t loan out money beyond the established stable ratio of “money on hand to money loaned out.”
D. Creating money, “out of thin air,” is the act of transferring value from the money currently in circulation and placing the value into the newly created money without an exchange for it on the Open Market. This is an act of counter-production. This is an act of taking other peoples’ money (value, energy, wealth, capital and power) and using it with no production in exchange for it.
E. Creating money, “out of thin air,” is very destructive to individuals, families, societies, nations, mankind and environments.
This formula maintains a constant money supply.
92. The value of money is inversely related to the size of the money supply.
93. Creating money, “out of thin air,” to increase the money supply decreases the value of all monetary units in proportion to the number of money units created “out of thin air.”
94. Creating money “out of thin air” to expand the money supply is a form of counterfeiting and rewards non-production and/or counter-production.
95. An open or floating monetary system, where the money supply is not held constant, has few winners and many losers.
96. Expanding the money supply is not an ethical act.
97. When the money supply is expanded, the individuals first to receive the newly created money reap huge profits.
These individuals reap huge profits by transferring value, energy, wealth and power from the money currently in circulation. This value, energy, wealth and power are transferred into the newly created money. They are taking money value, energy, wealth and power without placing commodities, trades, goods and services on the Open Market in exchange for it. Other individuals in the society lose money value, energy, wealth and power which are transferred to the individuals who first received the newly created money.
98. Expanding the money supply leads to inflation.
Money loses value when the money supply is expanded. It requires more money units to purchase the same commodities, trades, goods and services.
99. Shrinking or contracting the money supply increases the value of money units in the monetary system.
100. Production doesn’t depend on the monetary system for survival. The monetary system depends on production for survival.
101. Production is senior to money. Production gives money its value, energy and power.
102. Production is senior to capital. Production gives capital its value, energy and power.
103. Production is senior to wealth. Production gives wealth its value, energy and power.
104. Production creates the power an individual, family, organization, society, nation, mankind and environments possess.
105. Money lends efficiency to production.
It is efficient to transfer the value of one’s production into money units. One can transport the money units to another location and use them there to purchase needed and wanted products. Before the concept of money was developed and put into practice, production was carried from location to location with the purpose of trading it for needed and wanted products. This is the barter system. It is very inefficient.
106. Money is always junior to production and production is always senior to money.
107. In order to get money out of the money supply, an individual must always exchange production for it on the Open Market.
Producer Rewarded Open Market Economics
The Science of Economics
By RP Obrigewitsch
Revised November 11, 2012
Revised November 2, 2013
When I am talking about an attention vacuum and Producers, I am talking about the lack of attention the Producer places on securing his energy creation and production from the non-producers and counter-producers.
As Producers create energy for use in the production of commodities, trades, goods and services, their attention is on their production cycle. With their attention, while placing it into the future, they create production. They leave an attention-wake or an attention-vacuum as they move forward in their production thrusts. This is much like a ship moving though water or an airplane moving through the air. There is a vacuum-like wake left behind the boat or the airplane. They place very little, and in most cases no, attention on securing their self-created money, value, energy, wealth, capital and power. This self-created money, value, energy, wealth, capital and power must be secured. The attention-vacuum is the lack of attention placed on securing the money, value, energy, wealth, capital and power the Producers create. When there is no securing-attention present, the non-producers and counter-producers will place their attention on the unsecured money, value, energy, wealth, capital and power. They will use their attention to steal the money, value, energy, wealth, capital and power.
The Producers leave an attention-vacuum as they place their attention on the future production of commodities, trades, goods and services. The Producer places attention forward in time. With attention thrust forward in time while creating production; money, value, energy, wealth, capital and power are created. The money, value, energy, wealth, capital and power are created by the Producing individuals.
Producers are high producing beings. They have placed their attention forward into the future. It takes attention placed into the future to create commodities, trades, goods and services. The Producer generates energy during the process of production. He transfers this energy into the products as he creates them. The production is exchanged for money units. The energy is transferred from the products to the money units during the process of exchanging the production for money on the Open Market. The money units now have the energy installed in them. The Producer can carry the energy around in the form of money units. He can then use the money units to exchange for other needed and wanted commodities, trades, goods and services.
The non-producers and counter-producers have a tough time creating their own energy. They steal much of their energy away from the Producers by taking money without a self created product exchanged for it.
Much of the energy that non-producers and counter-producers steal and create is used for destructive purposes. They occupy the attention vacuum left by the Producers. From that position, they take energy in the form of money units without an exchange of commodities, trades, goods and services for it. The non-producers and counter-producers use this energy to take over the political system. They, as non-producers and counter-producers, overpower the political system with lies, deception and propaganda. They monopolize the media, pay non-producers and counter-producers millions in money units to propagandize the Producers. The Producers have their attention directed into creating new commodities, trades, goods and services. Producers don’t put much attention on the destructive activity of the non-producers and counter-producers. Because Producers are honest and trusting they take notice only after the economic system starts to fail.
Because of the lack of an Axiom-based economic system today, the Producer has a difficult time finding the source of the economic decline. The Producers have been beaten down so often and so long by non-producers and counter-producers, they don’t know they are the money creators. They don’t know they are the main beams and the support structure for the prosperity of Mankind. They don’t know non-producers and counter-producers exist. They allow non-producers and counter-producers into the Marketing system. They allow lies, deception and propaganda to be part of free speech. They allow non-producers and counter-producers into the Political System. Non-producers and counter-producers are very adept at deception (smoke and mirrors,) lies, and propaganda. Producers allow this, “anything goes,” system. Producers don’t know everything, created on planet earth, is created by the Producers. Things don’t just happen, Producers are the movers and the shakers and they make all prosperous things and activities happen. Producers don’t know how important they are. They don’t know they are important enough to stand up and say, “I created that money through my hard work and labor, therefore it is my money! Get your hands off of it!”
This is where the attention vacuum exists. The Producers haven’t had an Economics Technology in the past to use as a tool with which to apply and prosper. Producers haven’t had a Political Technology in the past to use as a tool with which to apply and prosper. Producer Rewarded Open Market Economics is the Economics Technology. Technology of Democracy is the Political Technology. By being educated and well versed in the two Technologies the Producers will have the awareness of the existence of non-producers and counter-producers. They will have the awareness of their lack of securing their self-created money, value, energy, wealth, capital and power. They will be able to put attention on the vacuum left behind as they create money, value, energy, wealth, capital and power through the production of commodities, trades, goods and services. They will be able to secure their attention vacuum. They will have the awareness of the non-producer and counter-producer. They will have the awareness of the destructive methods used by the non-producers and counter-producers.
Producer Rewarded Open Market Economics
The Science of Economics
By: R P Obrigewitsch
February 13, 2012
Axioms of Economics
Constant Money Supply
Money Velocity and Prosperity
- 1.0 Money Velocity and Prosperity
- 1.1 The Money Velocity Cycle
- 1.2 Capital Producing Economics
- 1.3 Vampire Economics
- 1.4 The Goal of a Society
- 1.5 Production Efficiency
- 1.6 Why Money Velocity Slows
- 1.7 Capital Destroying Economics
- 1.8 Producer, Non-producer or Counter-producer
- 1.9 Razor Thin Path
- 2.0 Stock Market
Open Market Economics
Producer Rewarded Economics
- 1. What is money?
- 1.1 What is a Product?
- 1.2 The Four Basic Laws of Economics
- 1.3 Who are the Producers?
- 1.4 All Producers are Workers
- 1.5 Workers and Producers Create Money
- 1.6 Government Products and Services
- 1.7 Non-productive & Counter-productive Activities
- 1.8 Work, Energy and Money
- 1.9 Production Creates Futures
- 1.95 Producers, Non-producers and Counter-producers
- 2.0 Attention and Money
- 2.01 Attention Vacuum and Producers
- 2.02 Attention Vacuum and Producers
- 2.1 Banks Don’t Create Money
- 2.2 Capitalism Without Rules
- 2.4 True Wealth!
- 2.5 True Wealth! Part 1
- 2.6 True Wealth! Part 2
- 2.7 True Wealth! Part 3
- 3.0 Socialism
- 3.1 Political Economic Systems
- 3.2 Producers, Non-producers and Counter-producers
- 3.3 Overt and Hidden Socialism
- 3.4 Capital Destroying; Capitalism and Socialism
- 3.5 Economics is a Group Activity
- 3.6 Capital Producing Capitalism and Capital Producing Socialism
- 3.7 Private Forms of Socialism
- 3.8 Capitalist Socialist Economics
- 3.9 Government Socialism
- 4.0 Types of Socialism
- 4.1 Interfacing in Groups
- 4.2 Correlated Pay
- 4.3 System of Measuring Production
- 4.4 Systems of Pay
- 4.5 State of Action
- 4.6 Capital Destroying Capitalism
- 4.7 Capital Destroying Socialism
- 4.8 Use of the Word Capital
- 4.9 Producer Rewarded Open Market Economics
- 5.0 Prosperity Thrusts
- 5.1 Pure Capitalism
- 5.2 Right Wing Socialism
- 5.21 Three Types of Capitalism
- 5.3 Left Wing Socialism
- 5.4 Foundation Socialism
- 5.9 Deus ex Machina