[P2P-F] A Simplification of the Basics of TFE, or Transfinancial Economics........

Thu Nov 10 16:27:16 CET 2011

Essentially, TFE claims that new monitored non-repayable money could be created electronically by special transparent, and credible banks to fund in full, or in part environmental, and socio-economic projects of high ethical value. This would help to SPEED things up unlike loans though interest free ones can also be created electronically when necessary.The aim of  all this is also to give powerful financial incentives to business that could profit with genuine projects, and more importantly help "save the planet", and its people. 

What has been suggested above is known as primary stage TFE, and the amount of new money created is more limited unlike advanced stage TFE.To avoid any serious inflation the planning of any large, or small project must take into account the productive capacity of suppliers. Thus, products, and/or services would be planned beforehand so that there is no unexpected demand which might lead to inflationary pressures, and price rises.

With advanced stage TFE it would be possible to gain a near complete knowledge of the entire economy. The data would come 24/7 via the ID codes,and barcodes of products, and services at the point of sale, or later transactions with banks. Such data would be vital to bring about wholesale sea change towards an environmentally sustainable, and socially ethical economy, as more, and more new electronically monitored non-repayable money could be created WITH CONFIDENCE to avoid any serious inflation. As we would have a far more accurate understanding of the real economy as never before in human history inflation risks could be accurately assessed. This is revolutionary. 

Taxation could notably be phased out altogether. Moreover, with advanced stage TFE full funding of charitable NGOs would also become possible ultimately. However, as with primary TFE productive capacity is still taken into account. If at all necessary there would be direct electronic controls to ensure inflation, and currency devaluation can never get out of hand.This can be instantaneous process unlike the present day of usuage of taxation, and interest rates.

It is also important to point that we are not discussing a Soviet style communist economy, because the Free Market Price is maintained, and Capitalism in an increasingly  more ethical form would still continue until there is "full" automation when money, and wage slavery would no longer exist. Hopefully, a more advanced technological, and more moral human civilization will largely emerge based on democracy, universal human rights, and greater fairness.In other words, global justice.
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