Sunday, July 30, 2023

People, Power and the Process

People Power has no meaning unless that power is processed intelligently.

Politicians have hijacked that process by using the word democracy.

The democracy did not have any meaning until the Kings and Church were taken out of the equation.

The majority has no meaning unless laws were promulgated to verify the context.

Hunters will agree to kill animals but when a tribe with majority decides to kill another tribe of minority that animalistic behaviour invariably extends up to cannibalism.
Cannibalism still exists in some part of the world.

The law has to be no cannibalism at all.
This is an extreme example.

Not let us take a modern context.
Distribution of money (wealth is  inappropriate) is unequal.

Money has both power and the ability to corrupt humans.

Coins, paper currency and cryptocurrency have very different meaning and context.

First two reside on banking system.

Third reside on technology power of the computer and the computer farms.
It is a process to stay outside the banking and regulatory system (that had been the long standing prerogative of the banking system of the West).

This was based on dollar economy of capitalism. They can keep on printing dollar  notes disregarding the sovereign gold stock. I am pretty sure America does not have a stock of sovereign gold to go on par dollar noted (their gold assets).

The dollar economy is under threat.

Emerging economies would like to deal with gold instead of notes.

The currency flow dynamics went into upheaval in Rhodesia and soon in other African countries.

Ceylon is a classic example of failure of pegging Rupees to dollar, instead of gold.

Fortunately Ceylonese Tamils who believe in gold as a security, control the gold market. The Central Bank has no control over the gold stock.
It looks like Muslims are trying to break into this domain. A Ceylonese Muslim MP who was caught smuggling gold at the airport is one example only.

Sinhala MPs who come from Ratnapura deal with gems and gem smuggling. The current Diyawadana Nilame is also in the Gem Loop.

Fortunately we do not have diamond and diamond is the best safety free from dollar pegging.

Then there are rare metals and my understanding of them except Uranium is limited.

The people actually has no power.

They regularly cast their vote and hope for the best but real power is in the hands of those who control the processes.

Now food and grains have entered this process of global politics. European countries are beginning to feel the pinch of grains including Greece and Turkey.

That is the hub of grain politics not Ukraine.

It is bound to shipping and shipping routes.

The emerging "Third Force" in Ceylon has no future unless it finds a way to work with Russia. Unlike China Russia does not involve in regional issues.

If its sovereignty is challenged Russia always rise up to it.

Like riding a horse Russia is slow to mount but once on the horse move smartly.

What is happening is China is gradually insinuating in the place of USA and India occupied in Ceylon.

One can never trust China as a an equal business partner. They are by nature exploitative worse than capitalists.

The camel's back will break.

We cannot trust India after what Indira Gandhi did to us.

No Free Lunch in Global Politics.


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