Ariana Huffington, Paul Krugman, Frank Rich and the Venetian Economic Thought and Money Dynamic Bias

Ariana Huffington of the Huffington Post, Paul Krugman, Frank Rich to name a few of the Obama-Geithner Bank Bail Out plan critics, seem to perpetuate this fundamental contradiction.

Obama's economic critique does anticipate a certain amorphous potential, a revision of the Venetian Money Dynamic supposition.

This recent boom, bust, speculative-derivative, Subpime Rate cycle presents within it's emergence, the potential to finally shed the shackles of the archaic Venetian Economic thought as it specifically applied to money and currency.

Yes there is need for debate as Ariana Huffington, Paul Krugman and Frank Rich put it. The debate should revert and orient itself from the position of establishing a new objective calculus of what is money.

For example to point out an aspect of the contradiction. The Market/people are told the economy is in the dumps because of a lack of spending. Yet the market/people are also told to save and stop spending. The market/people are told a surfeit of consumption has an untowards effect on credit, yet without excessive consumption there is job loss.

The wheel wasn't invented and discovered in principle as a means of income and fisical speculation. Instead it was utility. It's invention and discovery was satisfaction in itself and for itself. This is the Obama Political-Economy paradox and the Ariana Huffington, Paul Krugman, And Frank Rich Venetian Economic thought and money dynamic bias.

By Apropos