Zero is actually a pretty important number. It’s very different. All numbers in numerology account for something. Even negative numbers, as negative numbers symbolize a reverse flow in what is being counted. However, there is only one number that symbolizes nothing, and that number is zero. It’s such a different concept, it is not taught until roughly third grade in America. Seriously, this is intense stuff.
But, I hid something from you in that excerpt! When it comes to multiplication, adding a zero at the end of a number signifies a multiplication of 10. 10×10? 100. 100×10? 1,000, and so on and so on. There’s actually a division of math based on this concept, called Base10. Base10 could prove to be quite great if applied successfully (and indeed it has, in robotics mainly). But, like all math, applying it to some things could prove to be disastrous.
Take the money supply for example. I, as well as hundreds of top economists, have gone into detail in the past about how debt generates money. It’s really quite extraordinary how money is generated in this country. Seriously, it is. Anyway, debt is always based on a negative value. Income is always based on a positive value. So, conventional wisdom states that as long as income remains roughly the same as debt, you’re stable; and if income passes your debt level, you’re growing and succeeding.
HOWEVER!!!, money generation does not follow this logic! The simple way to look at it is; the Federal Reserve buys government debt and shuffles the debt into the currency supply. In this fashion, we (the American public) contribute to the repayment of government debt. If things are in balance, it can be a decent system; however, the architects of early 20th century economic systems constructed them so things eventually would get out of balance, and politicians generating policies act as catalysts. Case in point; US! Our government generates so much debt through redistribution programs, reckless military spending, and giant regulatory bodies that it will almost be impossible to catch back up. Near 2016 we will be working to pay only interest on our national debt; meaning it will be a logistical impossibility to pay all of it back. If you’re working just for the interest in your own home, it will be impossible to even begin to pay back the principle, and dangerous things start happening when that threshold is crossed. At the home level, your stuff and house are seized by your debtors. On a macro-economic scale, currencies fail and countries undergo revolutions (oftentimes violent). However, we do not need the government to act as a catalyst of our currency failure, the whole system is a sham. You see, money is generated at interest, meaning for every $1 generated, more than $1 is owed. Eventually we would cross the point that we would be working to pay back only interest to the money masters anyway, it would have just taken way longer than 100 years, especially if the Fed was the only holder of our debt.
So, before the Modern-Money Mechanics mini-rant, we determined that the system would eventually fail the currency. What compounds on top of this? Multipliers! The zeros warp the psychology of the public. There has been the old, “Wait until we talk billions…” or “Wait until we talk trillions…” passed around for years now. The dangerous thing about people saying this is they say it so casually, it almost seems to be expected; and it’s something that people have become comfortable with. Each time we add a zero to the debt, it represents an amount that is 10x the previous iteration. This means, there needs to be a 10x level of income in order to match it. Depending on the income trends, this may not be that far from achievable, or may be next to impossible to achieve. The multipliers make the problems even worse. People adding billions (and now trillions) to the debt (that’s expanded by interest) just end up adding to the work that will need to occur to get back on the path to stability. Seriously, it’s this bad.
It’s getting to the point to where I kind of want to see this bloat fall to the wayside.