(Tokyo in 2009; No tricks in photos unlike Robert Capa's "The Fallen Soldier"...http://en.wikipedia.org/wiki/The_Falling_Soldier )Nature vs. Money
This morning I watched live on TV Prime Minister Mr. Taro Aso and opposition leader Mr. Yukio Hatoyama attending the Hiroshima memorial assembly.
It is this day of 1945 that the most significant incident in the 20th century, namely the "Hiroshima atomic bombing," occurred in Japan.
An American huge B-29 bomber coming by air over the west Pacific Ocean dropped a big nuclear bomb on a large city called Hiroshima in western Japan 64 years ago.
However, in the next summer, after the scheduled Lower House and Upper House elections, neither Mr. Aso nor Mr. Hatoyama might join the Hiroshima ceremony due to a change of the Cabinet.
Now, we had better stop speculating as to possible outcomes of the August 30 general election in Japan and the 2012 U.S. Presidential election, since people are yet to be free from money in Japan and the U.S., without mentioning the rising, young middle class in Asia, though prices of houses and buildings in Dubai have fallen to almost half from a level of the previous year.
SECTION I: Supply 1000 Trillion Yen ($10 Trillion) Now!
Last year, a Japanese Internet user wondered what if the Bank of Japan printed a number of yen bills worth 1000 trillion yen to wipe out the Government's deficit.
To his question, one answer was posted, explaining why it cannot be done:
(http://detail.chiebukuro.yahoo.co.jp/qa/question_detail/q1019012620)
(1) If the Bank of Japan supplied 1000 trillion yen to clear the Government's debts, everybody would feel happy for a moment.
(2) And then people will start to use all the 1000 trillion yen in the market.
(3) Due to a multiplier effect, more than 1000 trillion yen will be additionally circulated in the society.
(4) Suddenly demands and needs for goods and services will be skyrocketed.
(5) Prices of goods and services will be also skyrocketed.
(6) Psychological effects will add an upward momentum to the price hike.
(7) In the international money market, the value of the yen will plummet down.
(8) Eventually Japan will lose more than 1000 trillion yen in terms of value of money it has.
This sequence has been found many times in the past history, and its inevitability has been proven in many countries.
Accordingly, the BOJ controls change of an amount of money based on the money supply theory and related formulas.
However, I think the situation has changed globally.
If the Japanese Government print and provide additional 1000 trillion yen to finance its national budget, I think neither inflation nor devaluation of the yen will occur.
Due to competition with China and other Asian countries, Japanese companies cannot now raise salary to domestic workers, causing a low level of domestic consumption. But, with 1000 trillion yen, they will sell goods at lower prices while paying higher wages to workers.
(What's more, Japan is estimated to have financial assets worth 250 trillion yen [more than $2.5 trillion] in foreign countries.
And, FRB has now $2 trillion assets in the balance sheet, while the outstanding balance of the issue amount of U.S. Treasury bonds is $11 trillion [1130 trillion yen] as of May 2009.)
In my theory, as mankind has now a huge capacity of production of goods and provision of services, so different from the era of John Maynard Keynes, inflation will not occur if all the people have twice more money each (Japanese total individual assets are 1400 trillion yen or more than $14 trillion; if combined with corporate financial assets, 2500 trillion yen or $25 trillion).
(http://ee-news.seesaa.net/article/117024992.html)
So, Ah, what a good idea to have the Japanese Government, if not the Bank of Japan, just print yen bills as much as it needs (up to 1400 trillion yen) for elimination of the budget deficit!
SECTION II: Environment Requests Poor Living
To your astonishment, after WWII, Japanese people started to build countless factories, plants, business offices, shops, public facilities, residential houses and buildings mostly by converting paddy rice fields to construction sites and building plots.
They have redeemed agriculture fields near a city or a town to build buildings of various sizes and for various purposes.
Hills, mountains, and valleys have also turned into industrial zones, amusement (mostly pachinko gamble) facilities, and golf courses.
If it is rational and not crazy at all, it apparently lacks a respect for the mother nature of Japan.
Even some area around Mt. Fuji was contaminated by a cluster of large facilities a terro-associated religious group built and arranged (who eventually attacked Tokyo with a sarin gas in 1995).
Advanced and modern science and technology were brought from Europe and America to Japan. So, corresponding religion, Christianity and Judaism, must have been also introduced into Japan and studied exhaustively.
To cope with Western science and technology, Japanese unique religions and spiritualism are somehow ineffective and inefficient.
(In this contex, the most influential Buddhism-based religious body Soka Gakkai and its political divisoion New Komeito have disappointed many, many Japanese.)
This is the gravest issue to Japan since it had opened the door to the world around 1860 after 250 years of national seclusion.
Yet, it is very difficult even for any Japanese genius to realize the degree of this graveness.
It is so, since if such a genius claims that Japan should revive rice fields having been developed and covered for industrial use, he will be surely treated as a fool.
So, I here humbly say that Japan and Japanese can have any amount of money, but they must show their respect fot the mother nature by living poor (and providing yen to poor countries).
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(To be continued...)
(Un rythme grec pourrait bu pour aujourd'hui, ma princesse, car elle est la sixième août. I once stopped mastering a certain gamble, in order to keep pursuit of the truth.
So, I am more Hellenic than Romanic, amn't I?
http://www.saturn-soft.net/Music/Music1/MIDI/Folk/fragos.mid
Source: http://www.saturn-soft.net/Music/Music1/MIDI/Folk/Menu.htm)
Luk 8:4 And when much people were gathered together, and were come to him out of every city, he spake by a parable:
Luk 8:5 A sower went out to sow his seed: and as he sowed, some fell by the way side; and it was trodden down, and the fowls of the air devoured it.
Luk 8:6 And some fell upon a rock; and as soon as it was sprung up, it withered away, because it lacked moisture.
Luk 8:7 And some fell among thorns; and the thorns sprang up with it, and choked it.
Luk 8:8 And other fell on good ground, and sprang up, and bare fruit an hundredfold. And when he had said these things, he cried, He that hath ears to hear, let him hear.