Category Archives: ebooks

Natural Law and the Theory of Economic System Fluidity now available!

4/26/2013 Portland, Oregon – Pop in your mints…

Natural Law and the Theory of Economic System Fluidity
Natural Law and the Theory of Economic System Fluidity

We are pleased to announce the release of our latest eBook offering, Natural Law and the Theory of Economic System Fluidity.

Natural Law and the Theory of Economic System Fluidity provides the theoretical basis for allowing the strengths of each economic system to peacefully work together to achieve this end and examines both the natural laws which govern economics as well as the moral basis for the existence of the nation state.

It is volume VI of the Why what we use as Money Matters series, and perhaps the most important, for it forms the philosophical core of our thesis.

We are pleased to offer it in PDF format for free here to our fellow taxpayers at The Mint, just click on the following link:

Mint Edition 04252013 – Natural Law and Economic System Fluidity

Additionally, it can be had for a mere $0.99 over at Amazon’s Kindle store and for free in a myriad of other eBook formats over and at Smashwords.com for the next month.  Be sure to use coupon code: WF75E at checkout to receive the discount.  The offer is good until May 25th, 2013.

Thanks again for reading and all the best!

Stay tuned and Trust Jesus.

Stay Fresh!

David Mint

Email: davidminteconomics@gmail.com

Key Indicators for April 26, 2013

Copper Price per Lb: $3.17
Oil Price per Barrel:  $93.00
Corn Price per Bushel:  $6.44
10 Yr US Treasury Bond:  1.66%
Mt Gox Bitcoin price in US:  $138.55
FED Target Rate:  0.13%  ON AUTOPILOT, THE FED IS DEAD!
Gold Price Per Ounce:  $1,462 THE GOLD RUSH IS STILL ON!
MINT Perceived Target Rate*:  0.25%
Unemployment Rate:  7.6%
Inflation Rate (CPI):  -0.2%
Dow Jones Industrial Average:  14,713
M1 Monetary Base:  $2,470,700,000,000 LOTS OF DOUGH ON THE STREET!
M2 Monetary Base:  $10,667,300,000,000

Marx and Rand together in perfect harmony set for release!

4/25/2013 Portland, Oregon – Pop in your mints…

As the financial world continues to turn in an ever inflated manner, we have been diligently working to complete the latest volume of the Why what we use as Money Matters series before the joyous distractions of summer in the Northwest call us away.

The following is an excerpt of Volume VI in the series, entitled Natural Law and the Theory of Economic System Fluidityis perhaps the most important volume because it forms the ideological core of our economic treatise.

Enjoy and stay fresh!

Marx and Rand together in perfect harmony

It is increasingly important that mankind take adequate time to pause and reflect as to what ideology is being tacitly or actively pursued as a guide for his daily toils.  As the collective efforts of mankind reach an effectiveness that was unimaginable a generation ago, the throws of human action are having a profound impact not only on an increasingly interconnected global economy, but on the very earth which mankind has been entrusted with.

Natural Law and the Theory of Economic System Fluidity
Natural Law and the Theory of Economic System Fluidity

It is no longer a safe assumption that the natural world can perpetually work to correct the mistakes in favor of mankind.  A deep examination of our motives in light of the Golden Rule is desperately needed to ensure a prosperous future for many.  The key to material prosperity is allowing mankind to tacitly coordinate his varied productive efforts by promoting the ideals of true capitalism in large scale dealings, for it is the ideology which best allows mankind to respond to the incessant demands of natural law. Continue reading Marx and Rand together in perfect harmony set for release!

A Tale of Two Responses to Anarchy

4/22/2013 Portland, Oregon – Pop in your mints…

The world keeps turning and has become quite unpredictable.  Check that, it has always been unpredictable, the realization of one’s inability to predict what will happen comes with age.

On one hand, money supply measures around the globe are going through the roof, as is indebtedness.  On the other had, the underlying economy, which had barely picked itself off of the canvas, appears to be up again, ready to be pile driven once again.  What is one to make of it?

The Bitcoin is once again racing ahead in USD terms, while Gold and Silver peel themselves off of the pavement after encountering a steamroller in their path (as an aside, it will be interesting just how much $1,350 gold and $23.50 silver can be delivered, our guess is, not much.)

Karl Marx
Will Karl Marx dance with Rand?

Our upcoming eBook, Natural Law and Economic System Fluidity – Marx and Rand together in perfect harmony, wrestles with unexplained economic phenomena such as the seeming impossibly of Capitalism and Socialism coexisting in harmony with one another, which are rapidly becoming important.

The following is a brief excerpt of our latest offering, scheduled to release late this month.  Enjoy!

A Tale of Two Responses to Anarchy

In the current economic debate that rages between the productive virtues of what is referred to as Capitalism and the humanistic virtues of the Socialist ideal, it has become fashionable to assume that the virtues of one system, were its guiding principles put into action at once by all of the members of society, would eventually bring about the virtues promised by the other system in a peaceful manner.

This narrow, apologetic view taken by Capitalists and Socialists alike ignores the fact that the systems are wholly incompatible.  It also ignores the fact that mankind is in a constant struggle to bring order to surroundings that are inherently anarchic in nature.  The only laws that must be adhered to are natural laws, which are explored in section II of this volume.

For purists on either side of the ideological fence, compromise on any point is a slippery slope, and in the sense that the two systems are wholly incompatible, the view is technically correct.  However, most economists miss the fact that it is perfectly normal and beneficial for each system to operate side by side.  In fact, it is the only way in which mankind can reap the benefits of both systems at once.

All humans live and operate in both systems to some extent.  The Capitalistic system is best equipped to organize resources on a grand scale and provide material goods for the greatest number of people, the Socialist system is the system that offers refuge from the rigid and unrelenting demands of the Capitalistic system’s incessant response to anarchy and the demands of natural law.

This refuge is commonly referred to as the family, and it can be observed operating the world over in all shapes and sizes.

The inescapable fact that Capitalism and Socialism are at once incompatible and completely reliant upon one another is the basis for the Theory of Economic System Fluidity.

More to come as we hack and slash our way through the draft.

Stay tuned and Trust Jesus.

Stay Fresh!

David Mint

Email: davidminteconomics@gmail.com

Key Indicators for April 22, 2013

Copper Price per Lb: $3.14
Oil Price per Barrel:  $89.36
Corn Price per Bushel:  $6.46
10 Yr US Treasury Bond:  1.70%
Mt Gox Bitcoin price in US:  $126.75
FED Target Rate:  0.15%  ON AUTOPILOT, THE FED IS DEAD!
Gold Price Per Ounce:  $1,424 THE GOLD RUSH IS STILL ON!
MINT Perceived Target Rate*:  0.25%
Unemployment Rate:  7.6%
Inflation Rate (CPI):  -0.2%
Dow Jones Industrial Average:  14,567
M1 Monetary Base:  $2,437,900,000,000 LOTS OF DOUGH ON THE STREET!
M2 Monetary Base:  $10,645,600,000,000

Nature’s desperate struggle for balance in spite of men

4/19/2013 Portland, Oregon – Pop in your mints…

We leave you this Friday with some  foor for thoughts on Nature’s struggle from our upcoming eBook.  Enjoy!

The natural world strives daily to achieve a perfect state of balance.  Events and occurrences that, taken by themselves, appear chaotic and devoid of meaning are part of a grand rebalancing of the earth’s delicate state.  These events are the splash of color across an oppressive gray sky that hints at the rainbow that will soon appear.

The natural world exists in a constant state of subtle agitation and violent quakes, yet each ebb and flow in the natural world is the physical expression of a desire to achieve a state that by definition will never be perfected:

Homeostasis.

Homeostasis, the tendency toward a relatively stable equilibrium between interdependent elements, is all at once a state of being that already exists and one that will never exist, for the natural world’s constant striving towards this state ensures that a perfect balance will never be achieved.

Yet despite the constant struggles in the natural world, the clashes between immovable objects and irresistible forces, the interplay between predator and prey, and the aggregation of slow processes which unite to cause large scale natural spectacles and events, are living proof of the laws that they are governed by, a set of rules that we hold out as natural law.

Mankind, for all of its virtues, has tacitly adopted a large scale delusion with regards to the natural world.  The delusion is this, that all of nature’s struggles, interplays, and slow processes can be tamed or manipulated to bring about a constant state of balance in which he can plan, build, and operate with a high degree of certainty.

The widespread belief in this delusion, while seemingly noble and painstakingly practical, has flourished and proliferated under the current monetary system, in which the monetary premium, which is the highest expression of value that can be attributed to a good, has been completely removed from the natural world and is largely attributed to debt instruments, which ultimately rest on nothing more than the well intended promises of men.

Mankind’s day to day activities, which are the result of the choices that each man or woman individually take, often unconsciously, are largely dedicated to obtaining an increased portion of the monetary premium.  With this given, it holds that the activities of mankind, to the extent that they succeed in their pursuit of the monetary premium, serve to throw the natural world ever further out of its delicate balance, which in turn gives rise to nature’s need to rebalance itself in order to comply with the immutable natural laws under which it must operate.

This volume, which is the most important and forms the basis for the previous five and all subsequent volumes in the Why what we use as Money Matters series, deals with natural law and mankind’s most suitable response to its many and varied demands, the capitalistic system.

It does so by presenting the ideologic basis of the true capitalistic system, a system rooted in the principles of freedom and private property.  It further examines the specific demands of natural law and mankind’s failed response to it, which is the large scale socialist system which is violently forced upon mankind through the mechanism of large scale government.  The concept of the large scale socialist system is referred to throughout this volume as a product of the “might makes right,” mentality.

While mankind is a mere forty years into the present monetary experiment in which the monetary premium has been increasingly associated with debt instruments, the effects of the removal of the monetary premium from the natural world are already evident. The consequences are staggering, and are currently manifesting themselves in the natural world through a phenomenon that has been labeled climate change.

The label is woefully misleading, as the climate is not simply changing, rather, the natural world is becoming increasingly unstable as it desperately seeks to balance as the activities of men, which previously worked in relative harmony with nature, with the immutable demands of natural law.

The current debt based monetary system and its tendency towards centralized planning and decision making has not only caused significant imbalances in trade and resource allocation, it is increasingly causing the earth itself to react more and more violently as it alone strives to comply with the demands of natural law.

For mankind, once the earth’s unwitting yet faithful custodian, has become its well meaning adversary.  The root of this growing antagonism between man and nature is money, and the only remedy is to return the monetary premium to its rightful place in the natural realm.

For so long as it rests solely on the hopes and dreams of mankind, the power of the monetary premium is in the employ of the most destructive force on the planet.

Stay tuned and Trust Jesus.

Stay Fresh!

David Mint

Email: davidminteconomics@gmail.com

Key Indicators for April 19, 2013

Copper Price per Lb: $3.15
Oil Price per Barrel:  $88.01
Corn Price per Bushel:  $6.52
10 Yr US Treasury Bond:  1.70%
Mt Gox Bitcoin price in US:  $119.50
FED Target Rate:  0.15%  ON AUTOPILOT, THE FED IS DEAD!
Gold Price Per Ounce:  $1,407 THE GOLD RUSH IS STILL ON!
MINT Perceived Target Rate*:  0.25%
Unemployment Rate:  7.6%
Inflation Rate (CPI):  -0.2%
Dow Jones Industrial Average:  14,548
M1 Monetary Base:  $2,437,900,000,000 LOTS OF DOUGH ON THE STREET!
M2 Monetary Base:  $10,645,600,000,000

The Difficulty of Bitcoin Denominated Debt

4/8/2013 Portland, Oregon – Pop in your mints…

The following is an excerpt of our brief, hastily compiled yet infinitely useful practical guide to the evolving world of Bitcoins.  It is an encouragement to dive into Bitcoin acceptance, a monetary analysis of the Bitcion, a high level how to guide, and a word of caution all with a lesson in character embedded within its pages.

With any luck, it will hit digital shelves before the Bitcoin hits $200 USD, which will be tomorrow.  Enjoy!

The Difficulty of Bitcoin Denominated Debt

Bitcoins:  What they are and how to use them
Bitcoins: What they are and how to use them

Another rare but often unrecognized barrier to Bitcoin acceptance is the inability for the widespread formation of debt markets denominated in terms of Bitcoins.  The reason that debt contracts will not be created in terms of Bitcoins has to do with the very thing that makes Bitcoins valuable in the first place:  The mathematical limit on their issuance.

As of this writing, slightly over half of the 21 million Bitcoins scheduled to be created are in circulation.  The rest will be emitted in decreasing increments over the next twenty years.  The trajectory of the Bitcoin logarithm against the national currencies is negative, which is causing the inverse relationship in their prices.

Again, in layman’s terms, it would be a fools bet to take promise to pay a debt in Bitcoins, as they will, by definition, become increasingly difficult to obtain.  If anything, one would need to factor in a Bitcoin appreciation to the debt instrument, meaning that it would have in implied negative interest rate.  While we can foresee the emergence of such instruments, we also foresee that they will be too complex to be understood by most.  As such, an important medium of currency acceptance, the existence of deep and liquid debt markets, will be lacking in the case of Bitcoin.  While this is not a bad thing, it must be recognized by anyone who deals in Bitcoins.

The book will hit digital shelves near you shortly.

Stay tuned and Trust Jesus.

Stay Fresh!

David Mint

Email: davidminteconomics@gmail.com

Key Indicators for April 8, 2013

Copper Price per Lb: $3.38
Oil Price per Barrel:  $93.40
Corn Price per Bushel:  $6.33
10 Yr US Treasury Bond:  1.73%
Mt Gox Bitcoin price in US:  $186.90
FED Target Rate:  0.14%  ON AUTOPILOT, THE FED IS DEAD!
Gold Price Per Ounce:  $1,571 THE GOLD RUSH IS STILL ON!
MINT Perceived Target Rate*:  0.25%
Unemployment Rate:  7.6%
Inflation Rate (CPI):  0.7%
Dow Jones Industrial Average:  14,613
M1 Monetary Base:  $2,534,800,000,000 LOTS OF DOUGH ON THE STREET!
M2 Monetary Base:  $10,501,300,000,000

The Bitcoin crazy train, the great green wall, and are you a soldier, an athlete, or a farmer?

4/3/2013 Portland, Oregon – Pop in your mints…

In the Bitcoin/USD market, the world is getting a rare glimpse of the power of the monetary premium.  Today those who watched witnessed the Bitcoin briefly race up to $147 USD before retreating to around $115, where it stood yesterday.

Over the past few days, we have been participating in a discussion of the merits of the Bitcoin over on Google+ with the Austrian Economics group.  It has been interesting to see how we wrestle with the concept of what is money.  Trying to pin it down to one thing in the physical world.  For if money were just one thing and one thing only, one of the world’s great mysteries would be put to rest, and the rest of the mysteries may even become less mysterious.

However, the concept of money remains elusive.  It will remain elusive, and it is good.  Here is why.

For the many things that it purports to be, the Bitcoin may be best described as a decentralized digital currency.  As such, the only value that can rationally be attributed to it consists entirely of what we call a monetary premium.  In our worldview, money is a concept.  As such, there is no physical thing or concept that can claim a divine right to being money.  Not gold, silver, nor national currencies.

What fools man into clinging to these things and insisting on calling them money is the notion of a monetary premium, which we define as a set of characteristics when make something a chosen store of wealth, medium of trade, and unit of account.  For more on this, please read our eBook “What is Money?  A quest to answer the question of the ages.”

What is Money? By David MintWe return from this shameless plug to the Bitcoin.  The Bitcoin is not a physical good.  If anything, it boils down to an arbitrary string of the zeros and ones that form the basis of all computing.  However, this non-thing is beginning to absorb a portion of the monetary premium.

This partial absorption of the monetary premium by a string of digital numbers serves a proof that money is a construct of man, and for all of man’s efforts to capture it, measure it, and make it his, the concept of money, or what is better understood as the monetary premium, is a fickle and fleeting thing.

For this reason, Jesus warned us,

“No one can serve two masters, for either he will hate the one and love the other; or else he will be devoted to one and despise the other. You can’t serve both God and Mammon”

Matthew 6:24

Neither YHWH or the monetary premium can be seen, but man must choose to serve one or the other.  One is fickle and fleeting, the other faithful and constant.  One’s answer as to which is which will reveal whom they serve.

Choose wisely.

Yet the Bitcoin and the fickle and fleeting monetary premium that it is interacting with gives those of us who are paying attention a chance to examine our character.  For our reaction to the fluctuations in the Bitcoin / USD ratio may help to reveal  hat kind of man or woman we are.

Whether one finds themselves serving the monetary premium or YHWH, they are likely to find themselves identifying with one of three basic examples of behavior and motivations.

These examples were first presented to us in the summer of 2004 at a Kings Kids European summit in Tarragona.  Far from the lush EU summits which are the hallmark of today’s famous Troika mismanagement, the Kings Kids operate on a wing and, most literally, a prayer.

With our Castilian Spanish skills still lacking, we spent a mid summer’s week in tents on a high school campus (naturally, school was out) with minimal bath and shower facilities with hundreds of adolescents, young adults, and not so young adults from across Europe and the UK (indeed, we were acquainted with a long lost cousin from Wales at the event).  It is in these settings where YHWH moves and provides his most profound lessons and training.

It was in this setting, then, that the examples were presented by our Pastor Curtis Clewett of La Iglesia El Lokal in Barcelona.  Each time we recount the impact of this teaching to him, he recalls it as something that he threw together at the last minute.

So it was, on a warm summers eve on the Mediterranean coast in a place which more or less resembled a gypsy camp, we gathered to hear el Reverendo impart the three examples of what we will call spiritual maturity.  Read them carefully and please, take no offense at the blanket statements that the descriptions imply.  We understand there are many shades of the following professions, and it will quickly become clear that it is the description that matters more than the professional title:

The Soldier:  The soldier is in training.  He is fit, well equipped, and he is at the ready.  However, the soldier does not represent the ultimate in spiritual maturity, for he is lacking two things:  Initiative and autonomy.

The soldier is trained to take orders.  He does not dare act on his own for fear of retribution or failure.  He is limited by not only the rules and regulations of his trade, but also in his physical movements and the ability to act independently of the orders given by his commanders.  As such, he cannot act on his own initiative and, if he does, it is in a very small sphere of operations which is dependent upon others following similar orders.

Being a soldier is not a bad thing, indeed, it is admirable, but the path to spiritual maturity demands that he move past this necessary first jaunt down the neverending path towards spiritual maturity.

The Athlete:  Unlike the soldier, the athlete is, by definition, acting on his or her own initiative.  They may depend upon a coach for guidance and encouragement, but their motivation to obey the coach comes from a desire to improve, not fear, as was the case from time to time with the soldier.

The athlete desires to excel at a certain sport or event, and relies on set intervals of competitions or time trials by which to receive feedback and praise for his or her efforts.

Again, being an athlete is not a bad thing, and the emergence of personal initiative and the desire to train, as well as an increased degree of autonomy represent a further journey down the path to spiritual maturity, however, even if the athlete reach the pinnacle of their chosen field, they are still lacking in one very important aspect, an aspect that is fully embraced by the farmer.

The Farmer:  The farmer does not have a drill sergeant yelling at him in the morning, nor is he told what to do and when to do it.  The farmer is not restricted in his movements or daily activities.

The farmer does not train on a daily basis and is not accountable to a coach.  Indeed, the farmer takes on responsibility not only for his own training regimen, but for understanding when and where to compete.

The farmer knows exactly what to do and waits for signals from his natural surroundings to tell him when to do it.  He constantly looks after his surroundings and understands that both the land and the animals within his care have been entrusted to him.  Indeed, so have his family and his neighbors.  Even those whom he will never meet indirectly may rely upon the success of his efforts to be able to put food on their table.

The farmer’s efforts may appear volatile, oscillating between sloth and frenzies of chaotic activity.  When there is nothing to be done, the farmer drives to the café to drink coffee and play cards all day.  When there is work to be done, he awakens early and does not rest until his equipment or the lack of daylight put an end to the day’s efforts.

The farmer not only understands what needs to be done, he understands that all efforts, to be effective, must be put forth in their season.  He can prepare, and often does, but he understands that the time to exert himself will become known in its due time, but it will not happen on a schedule which he can set.

Still, he accepts the responsibility of his post, both the long days and the stinging boredom, with joy, knowing that ultimately he is doing the work of a master, and is providing for many who live well beyond the county line who he may never personally meet.  He may never be thanked by them, or recognized formally for his work, yet in the work itself, he finds life’s greatest contentment.

As you can see from the above examples, to understand one’s own character, it is as important to understand who we are serving as it is to understand how we are serving, for the key to contentment lies in choosing well on both accounts.

The monetary premium currently attributed to the Bitcoin will take wings.  If one is a soldier or an athlete, they are likely to get burned by the sudden movements.  However, the farmer, in a sloth like manner, will pick his spot and wait patiently for an opportunity to present itself.

Then, in a sudden, measured frenzy, he will then labor day and night until the work is finished.

Pastor Clewett is still in Barcelona.  In the true spirit of the farmer, he continues to pastor in addition to his duties at Planting Together, where he is on the Executive team.  Planting Together is an organization which organizes tree planting and pruning excursions, where they partner with the government of Senegal and many others to help build up the Great Green Wall, a wall of trees and foliage which is successfully fighting back the encroachment of the Sahara in northwestern Africa.

Thank you, Curtis!  Many blessings on your head.  May we all learn to sow and reap as you have.

Stay tuned and Trust Jesus.

Stay Fresh!

David Mint

Email: davidminteconomics@gmail.com

Key Indicators for April 3, 2013

Copper Price per Lb: $3.34
Oil Price per Barrel:  $94.45
Corn Price per Bushel:  $6.41
10 Yr US Treasury Bond:  1.81%
Mt Gox Bitcoin price in US:  $115.20
FED Target Rate:  0.15%  ON AUTOPILOT, THE FED IS DEAD!
Gold Price Per Ounce:  $1,558 THE GOLD RUSH IS STILL ON!
MINT Perceived Target Rate*:  0.25%
Unemployment Rate:  7.7%
Inflation Rate (CPI):  0.7%
Dow Jones Industrial Average:  14,550
M1 Monetary Base:  $2,425,000,000,000 LOTS OF DOUGH ON THE STREET!
M2 Monetary Base:  $10,547,600,000,000

Pacioli’s Gift or Bernanke’s Curse? is Now Available! and thoughts on today’s flight to safety

3/28/2013 Portland, Oregon – Pop in your mints…

At long last, the much anticipated fifth volume in our “Why what we use as Money Matters” series is available in on Amazon’s Kindle and over at Smash words.com for your immediate reading pleasure.

Pacioli's Gift or Bernanke's Curse?
Pacioli’s Gift or Bernanke’s Curse?

The volume has a hero, Luca Pacioli, the Franciscan Monk who not only taught mathematics to Leonardo Da Vinci but dissimenated to Western Civilization nothing short of an economic super power.

It also has a villian, Central Banking, born of the super powers of dual-entry accounting, it uses this super power against humanity and has become dual-entry accounting’s arch nemesis.

How will it end?  At this point, you’ll have to shell out $0.99 and a couple hours of your time to find out.  However, by doing so, you may end up changing the world for the better.  Not a bad return on investment!

We pray you will enjoy it.

Today, Bitcoins traded near $100 USD, silver and gold continued to mysteriously get crushed, and US stocks, perhaps more mysteriously, continued to defy gravity.  What does it mean?

The events in Cyprus have once again caused a sort of flight to safety.  Unfotunately, the flight to safety is a very crowded trade, and is causing the US Dollar to suffer from an unwelcome bout of strength, or potential deflation.

Bernanke and the Fed will never stand for it.  US Dollar strength cannot be tolerated, and will be swiftly dealth with.  As it is dealt with in the coming weeks, Bitcoins, gold, and silver will seem like a steal at today’s prices.

Then there is the matter of the brewing war in Persia, but speculation on that scenario must wait, for the Passover is at hand.

Stay tuned and Trust Jesus.

Stay Fresh!

David Mint

Email: davidminteconomics@gmail.com

Key Indicators for March 28, 2013

Copper Price per Lb: $3.40
Oil Price per Barrel:  $97.23
Corn Price per Bushel:  $6.95
10 Yr US Treasury Bond:  1.85%
FED Target Rate:  0.12%  ON AUTOPILOT, THE FED IS DEAD!
Gold Price Per Ounce:  $1,597 THE GOLD RUSH IS STILL ON!
MINT Perceived Target Rate*:  0.25%
Unemployment Rate:  7.7%
Inflation Rate (CPI):  0.7%
Dow Jones Industrial Average:  14,579
M1 Monetary Base:  $2,425,500,000,000 LOTS OF DOUGH ON THE STREET!
M2 Monetary Base:  $10,547,600,000,000