[lbo-talk] LaRouche: world monetary system collapse by Sept '06

[Jerry Monaco]

>
>
>
> Therefore the rate of inflation of the rate of inflation in the
> market for primary commodities is the characteristic curve of the
> present world monetary-financial system. This rate of rate of
> inflation, as reflected in the concealed behavior of M3, is the curve
> which corresponds to the Weimar, Germany hyperinflationary curve of
> June-November 1923.
>
> Underneath it all, is Leibniz's catenary-cued principle of physical
> least action, the fundamental principle of the Leibniz infinitesimal
> calculus and Leibniz's original correct discovery of the
> natural-logarithmic function derived from the double-catenary
> characteristic of the least-action principle. The comprehension of
> such systems in general, is found in the work of Riemann on
> hypergeometries.
> ___________________________________
> http://mailman.lbo-talk.org/mailman/listinfo/lbo-talk

Doug,

Why do you even look at this stuff?  Is it perhaps for the same reason I
used to read Worker's Vanguard, for the pleasure in the lunacy.

O.K.  Let's assume this makes sense.  So LaRouche believes that there is a
calculus of variations for inflation, or that he can find a parametric
equation that is an economic invariable, and thus he can calculate some sort
of "long wave" of the rate of inflation and that it can be calculated with
the accuracy of the force of gravity acting uniformally on all parts of a
chain.

All other things being equal of course, which they never are.

So why doesn't he give us the equation and then fill in the variables, for
Bernoulli's sake!

Should we stoop to critique this?  (I will waste time! And anyway I am sure
Ravi could do a better job than is within my ability!)  In order for this to
be correct you would have to assume that whatever "force" there is for the
rate of the rate of inflation is always close to invariant at all times and
that you know not only the top of the wave in the past but can calculate the
top of the wave in the future.  We're also assuming that economic "time"
(whatever that is in this case) is uniform and that "inflation" is an ideal
perfectly flexible....

But why must the long wave of inflation look like something as geometrically
simple as a catenary?  Why not something prettier like a hellcoid or better
yet a pseudosphere, which is formed by rotating a tractrix around a y axis
and looks like this

http://www.geom.uiuc.edu/zoo/diffgeom/pseudosphere/

Of course it is much easier to assume that economics is two
dimensional......

Sorry I must have my fun....

--
Jerry Monaco's Philosophy, Politics, Culture Weblog is
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http://monacojerry.livejournal.com/

His fiction, poetry, weblog is
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