AP Macroeconomics Discussion Board moderator opens topic: “Explaining a Global Economic Collapse.” I respond. Another battle report in this 15-year war-front

I have no better introduction than to cite the first five paragraphs from our last battle report nine months ago:


I began this war in 2009 when the US national debt was just a third of what it is today documenting: 

  • the mechanics of our “modern” central banks are mathematically certain to cause exponential debt because they are adding negative numbers forever,
  • monetary reform and public banking have been argued and proven effective by leading Americans since Ben Franklin wrote that colonial Pennsylvania needed ZERO TAXES when the government is the bank (my published research via The Claremont Colleges),
  • when the debt burden becomes too tragic-comic, we can all kiss our assets goodbye.

The AP Macro and College Board “leaderships” witnessed that none of the ~2,000 AP teachers could factually refute any data I offered, or demonstrate any lies of omission, yet threatened to terminate my account if I didn’t stop addressing “current events” not on the AP exam. 


Please take a moment to consider and reflect: our brightest and most academically motivated young men and women’s teachers are forbidden to discuss any data or events not approved by the College Board. 


I discovered the College Board is serious about censorship after my account was terminated without warning in 2012 from the AP US Government Discussion Board for asking colleagues how the ongoing US wars formerly known as “On Terror” were legal given two US treaties after both world wars made war illegal outside a narrow definition of “self-defense.” I was informed that discussing the legality of war is “non-academic,” of “personal nature,” and “unsuitable” for consideration of teachers in a college-level course on government, and given no opportunity to discuss or appeal my termination.


When the AP Macroeconomics Discussion Board Moderator (an economics college professor) promised my termination for raising questions and data not on their exam perhaps 5 years ago, I retreated to only commenting on current events posted by other teachers. With this policy to only discuss abstract test material, the discussions among teachers shriveled. That said, our Discussion Board moderator chose to post this:


1.  Explaining a Global Economic Collapse


Posted 20 days ago (April 19, 2024)


Some students asked me how a global economic collapse could be possible given that the money doesn't go away--"The money has to go somewhere, so how could the whole world's economy collapse?" Below is my answer. Maybe it's helpful; maybe you have other thoughts, which I would welcome.

An economic crash is about a loss of productivity rather than money. Every country could have piles of money, but if no one is producing food, shelter, clothing, health care, education, or anything else, everyone goes without. Alternatively, we could have all of those things and no money, and we'd be okay, except for the inefficiencies of a barter system. So, a global economic collapse would be about a significant loss of those things that serve many of our needs and wants, despite the presence of money-it would be about a loss of productivity. For example, a global pandemic or natural disaster could harm productivity and cause a global economic collapse. Attitudes about the future economy can also be self-fulfilling. If there is widespread belief that there will be a global economic downturn, companies will think they will be unable to sell as many goods and services as usual, so they will produce less and hire fewer workers, which means people will buy less stuff, which makes the downturn a reality. Positive attitudes can likewise be self-fulfilling. 

Money helps us avoid the inefficiencies of a barter economy, but if money grows out of step with the production of goods and services, it merely loses value due to inflation. And the amount of money can remain the same even as one or all economies crash due to less production of the things we need and want.


I responded:


Posted 19 days ago


Thank you, David; our Orwellian "monetary" system (actually DEBT) is in the process of crashing as the general public and your students observe exponential-like debt growth, hidden inflation, and withdrawal of consent to purchase more debt "securities" from US/UK/NATO prima facie War Criminals.

As the the INTENTIONAL interest cost becomes tragic-comic, "crash" is better understood as a rigged casino with our "leaders'" next "game" of WEF's Klaus Schwab's "Great Reset" for us to eat bugs, live in 15-minute cities, and "own nothing and be happy." "Crash" can also mean rigged casino outcomes:

My published research via The Claremont Colleges: 'Financial'/'monetary'/'derivative' house-of-cards collapse? Remember: Superior mechanics already proven by Ben Franklin with monetary reform and public banking, backed by Thomas Edison, 86% of Economics professors

WHO and our "leaders" also push for economic control if another "pandemic" is dictated. The facts of the last "pandemic" are clear enough to refute the "official" story as literal Crimes Against Humanity. 

"Crash" is a component of AmRev2/WW3.


Carl Herman

National Board Certified Teacher

National Board Certified Teacher Coach

Carl_Herman@post.harvard.edu

xxx-xxx-xxxx (phone # omitted)

**


No responses. 


So I followed up with this today: Saturday, May 11, 2024:


Congratulations, Colleagues, for another completed AP test cycle :)


Some of you may wish to employ David’s topic with time remaining in this school year. If so, there seems to be enough demand to hold physical silver that the Shanghai Futures Exchange’s vault stock is down 73% from its highest value 3 years ago, with the graph telling the story. I see an already irretrievable loss of confidence in current economic conditions and “leaderships.”


The gross interest payment on the US Federal Government’s debt is now over $1 trillion/year, doubled from less than 10 years ago, with that graph demonstrating more than anything I can add.


M2 has doubled in the last 10 years, with another graph of too-hot growth that seems correlate to higher inflation than “officially” reported.


The US president’s Chair of CEA (Council of Economic Advisors) has a revealing response trying to answer why the federal government can’t just print money to pay the federal government’s debt. The 108-second video demonstrates the importance of our Macroeconomics courses in stark tragic-comedy (don’t expect any breakthroughs from that guy).


David’s distinction between a “crash” on some paper/digital derivative from the real economy of human labor/ingenuity and natural resources is crucial. If there is a paper/digital collapse (perhaps due to a run on physical silver that would spike price and destroy short-sellers, which might trigger panic), other economic models solving our current exponential debt “built-in mechanics” are already known and successful in historical pilot projects.


Again: my published research via The Claremont Colleges, and that includes several short videos that always fascinate students: 'Financial'/'monetary'/'derivative' house-of-cards collapse? Remember: Superior mechanics already proven by Ben Franklin with monetary reform and public banking, backed by Thomas Edison, 86% of Economics professors


I had a previous paper for another Claremont Colleges international economics conference where I presented a “top 10” list of famous Americans who experimented with and/or advocated for these two economic model upgrades most often called Monetary Reform and Public Banking:

My friend and colleague in these reforms, Ellen Brown, posted this title 3 days ago: Tackling California’s Budget Crisis: Raise Taxes, Cut Programs, or Form a Bank?


Did you know that the only US state with increasing budget surpluses rather than the other 49 recurring budget emergencies is also the only state with a state-owned bank: North Dakota? A state bank with legal authority to create in-house and at-cost credit rather than going into the for-profit debt securities market cuts total borrowing costs in half. Ellen and I both cover that in our articles. You haven’t heard of Monetary Reform and Public Banking because the “too big to fail” banks seem to have “influence” over corporate media “reporting.”


Carl Herman

National Board Certified Teacher

National Board Certified Teacher Coach

Carl_Herman@post.harvard.edu

(phone # omitted)


**

I make all factual assertions as a National Board Certified Teacher of US Government, Economics, and History (also credentialed in Mathematics), with all economic factual claims receiving zero refutation since I began writing in 2008 among Advanced Placement Macroeconomics teachers on our discussion board, public audiences of these articles, and international conferences (and here). I invite readers to empower their civic voices with the strongest comprehensive facts most important to building a brighter future. I challenge professionals, academics, and citizens to add their voices for the benefit of all Earth’s inhabitants.


**

Carl Herman worked with both US political parties over 18 years and two UN Summits with the citizen’s lobby, RESULTS, for US domestic and foreign policy to end poverty. He can be reached at Carl_Herman@post.harvard.edu 


Note: My work from 2011 to October 2017 is on Washington’s Blog, which the owner closed from Internet censorship in 2019, and here since. Work back to 2009 is censored by Examiner.com (blocked author pages: here, here). This means that some links in essays are inactive. If you’d like to see those articles, go to http://archive.org/web/, paste the expired link into the search box, click “Browse history,” then click onto the screenshots of that page for each time it was screen-shot and uploaded to webarchive. 


Comments

Post a Comment

Popular posts from this blog

The one article you need to prove current US wars are lie-started Wars of Aggression not even close to lawful self-defense, war-murder millions, loot trillions, and require YOUR voice for .01% arrests

Image
“It is no use trying to escape their arrogance by submission or good behavior. Robbers of the world, having by universal plunder exhausted the land, their drive is greed. If the enemy be rich, they are rapacious; if poor, they lust for domination. Neither rule of the East nor West can satisfy them. Alone among men, they crave with equal eagerness poverty and riches. To plunder, slaughter, seize with false pretenses, they give the lying name ‘empire.’ And where nothing remains but a desert, they call that ‘peace.’ ”  ~  Tacitus,  The Agricola and the Germania , on Roman Empire foreign wars in "self-defense" (analyses   here ,  here ) Overview The United States is the most dangerous illegal  rogue state empire  in human history.  The  escalating military armed attacks  under President Trump we witness in the present is a continuation of illegal  Wars of Aggression   (and here ) , the worst action a nation can tak...
Read more

Open letter to school boards, teachers’ unions, families: Funding crisis for all public goods & services already solved by Ben Franklin with monetary reform and public banking, backed by Thomas Edison, 86% of Economics professors

Image
In fields of specialized knowledge, we aim to render an account that is plain and simple, yet does no violence to the difficulty of the subject, so that the uninformed reader can understand us while the expert cannot fault us. We try to keep in mind a saying attributed to Einstein—that everything must be made as simple as possible, but not one bit simpler.  ~  A letter from the publisher , Time Magazine, 1962 American families could have ~$1,000,000 per household in benefits from monetary reform and public banking. This is literally the most valuable information you can learn.   Colleagues and I presenting this data have written and presented at professional international economic conferences and have zero challenges to this information, such as this  2015 paper  published by The Claremont Colleges for their ~2,000 person international economics conference, and this  2012 paper .  I also assert that I've worked with ~2,000 Advanced Placement Eco...
Read more

‘Financial’/‘monetary’/‘derivative’ house-of-cards paper-collapse? Superior mechanics READY NOW proven by Ben Franklin, backed by 86% of Economics professors: monetary reform + public banking

Image
From March 12, 2023 , and literally the most valuable subject to receive a briefing (worth ~$1 million per average US household, as you will learn): In 2002, mega-investor  Warren Buffett wrote  that derivatives were “financial weapons of mass destruction.” At that time, their total “notional” value (the value of the underlying assets from which the “derivatives” were “derived”) was  estimated at $56 trillion .  Investopedia reported in May 2022  that the derivatives bubble had reached an estimated $600 trillion according to the Bank for International Settlements (BIS), and that the total is often estimated at over $1 quadrillion.  No one knows for sure, because  most of the trades are done privately .    ~ Ellen Brown,  The Looming Quadrillion Dollar Derivatives Tsunami , 3/12/23 I’m inspired by my friend and colleague Ellen’s article, along with  this excellent discussion  among leading economic rebels, to comment that ...
Read more