A winter tale

Let me gift you this animated tale - "The Natcracker", music by P. Tchaikovsky:

Part 1



Part 2



Part 3



Happy New Year and my best wishes from St. Petersburg, Russia


(sorry, I forgot the original source of this picture)

Next to new currency

01.04.07 I wrote in the Oil & gas money post:

"Imagine someone has created electronic money based on oil & gas, which are beyond central bank regulations. Why beyond? Because this oil & gas money is not for making loan based dependency. It's for trading any goods and services (in result) and for the appropriate transactions, only for that.

Here is how it might work.

Need oil & gas? Pay e-money. Don't have it? Give us this and this in exchange ...

As a matter of fact if some wealthy clans could create 100 years ago the world currency and loan based banking, why another structure can't emerge?

The main question is - who can even start thinking about it and where - in Russia, in the Arabic world, in Venezuela, in the US, EU ...?"

22.12.07 RTE News reports:

"Chavez wants to extend barter scheme

Venezuelan President Hugo Chavez has proposed extending a barter scheme used by Cuba to other Caribbean and Central American nations to help them pay for oil supplies with products and services.

Venezuela sends nearly 100,000 barrels of subsidised oil a day to Havana and in return, thousands of Cuban doctors and teachers offer free services in Venezuela.

..."

Also you can read "Venezuela's bad example" by Alberto Cruz.

Mr. Hugo Chaves thinks and acts quickly. But barter scheme needs an infrastructure to grow into new currency.

Text virus laboratory

This is a new web presence of my old project "text virus laboratory".

Yes, it looks like a visit card, but the services are not for everyone - for those who understands.

The national brands compose the world money

As I posted earlier and it is seen now the national brands compose the world money:

- Kuwait Abandons Dinar Peg to US Dollar;

- Latin American nations form Bank of South;

- Iran Oil Minister Gholam-Hossein Nozari: Oil revenues mostly in currencies other than US dollar.

Russia, according to evrazia.org, has intention to use RBL or EUR for the appropriate deals, as Alexander Medvedev, deputy chairman of Gasprom, said.

"Dollar has changed into virus ... ", - Konstantin Andreev, director of Eurasian economic club, thinks.

What will be next?

I think the processes of currencies division and currencies uniting are connected. The problem is a basis for connection - credit or transactional nature of the united currency. The center of financial power may become distributed.

New financial knowledge is on the agenda.

Bank of South

The Hindu reports:

"Latin American nations form Bank of South

BUENOS AIRES (ARGENTINA): Presidents from six Latin American nations on Sunday signed a document creating the Bank of the South, a regional development bank launched with capital from Venezuela, Bolivia and Argentina.

...

The Presidents had previously said the bank aims to boost economic growth with cheap credit for infrastructure projects and private sector projects.

Mr. Chavez said the bank was the first step in creating a single currency to replace the U.S. dollar, and that step by step, it will replace the IMF and World Bank.

..."

They do not go beyond credit in finance.

The past, present and future of money

This film is worth to watch. If you have a different view on the topic - please comment or give a link to the relevant content.

The Money Masters Part 1 of 2:



The Money Masters Part 2 of 2:



I think the problem is that states and private bankers compete in the same space - money as debt.

Can economy be flat, i.e. collaborative where money serves commodity trading and money is commodity backed? That's the question.

Whither KnowledgePerson.com?

The global social business and consulting network with Web X.0 framework for collaborative self-consulting and on-line banking.

This is a proposal for partnership and negotiations.

A problem to solve:

When people do business they consult one another, form projects, but many SMEs can not use consulting services because of their high price and vague results (see point 4). Banking is separated from networking.

A solution:

The global social business and consulting network with Web X.0 framework for collaborative self-consulting and embedded payment solution.

The solution can be distributed in 3 divisions under KnowledgePerson.com name:

1. The social business network in which users do not waste time for preparing profiles and making introductions. After registering they can throw the business message in the space for networking and see the visualized results (for the analytical purposes of the users).



It must be designed (see the approaches) for mutual benefits, i.e. for understanding of the value of the business message.

2. The Web X.0 application for joint usage of the data in the tables for project/risk/competitiveness management.

3. The on-line bank, which income supports the divisions. Do read the opinions about the global currency preferences for the nearest future.

The conceptual testing of "Knowledge Person" is the current state of the project, which is:

1. The # 1 Google website KnowledgePerson.com based on the transition from Drucker's "Knowledge Worker" concept to my "Knowledge Person" concept.

2. The global think tank with the discussion group of well connected people and this blog.

3. Attractive for business people worldwide and they associate themselves with the "Knowledge Person" brand.



The group "For Knowledge Persons" is growing and you can join it.

The project can be considered as a prototype of a network state.

Now the project is open for the partnership and the relevant negotiations.

Wholeness

I think Tchaikovsky, Piano Concerto No. 1 is a correct example where the composer's knowledge has a domain where musician's and spectators' knowledge domains meet one another:



It can look like

composer's knowledge (musicians' knowledge; spectators' knowledge),

where every knowledge or understanding of actions includes the connection of information and tangible reality.

All the participants act, even Tchaikovsky.

Who said that composers', musicians', spectators' knowledge and actions are intangible or tangible?

Knowledge domain

Knowledge can not be separated from information which represents tangible reality and from tangible reality itself. It is not only a result of information processing, it covers two connected parts – tangible and intangible.

The reason to think so is that knowledge or understanding of actions makes the representations of the tangible reality visible, verifyed (sometimes) in order to make the correct decision.

If we contact knowledge in this way:

knowledge – information – tangible reality*

* (-) means connection

or in this:

information – knowledge - tangible reality

we can choose an illusive way where intangibles have their own value like credit money has or that knowledge society can be separated from production society.

A formula

knowledge (information - tangible reality)

could recover and multiply the value of one stream which is artificially separated in tangible and intangible, developing and developed, production and consumption ...

The global competition is not only about who will manage such the separation and the relevant resistance better. It is also about who can use a support of nature which may look like separated parts, but always has supreme power to keep wholeness.

Knowledge Persons on LinkedIn

12.10.07 my group "For Knowledge Persons" on LinkedIn was approved.



You can join the group.

Since knowledge is individual "Knowledge Person" brand is not uniformity.

My main research areas

A purpose to publish this list is to have one place for these areas. Here they are:

- text viruses;

- future licensing;

- knowledge money;

- oil & gas money;

- health capital;

- rice and other natural money.

Health Capital

Such an entity like Knowledge Capital is early to consider before capitalization of personal health (1. The general condition of body and mind; Example: better health. 2. The state of being bodily and mentally vigorous and free from disease. 3. The condition of an organization, society, etc.).

Knowledge resides in the personal actions and therefore the personal health predefines knowledge.

But what the current capitalism suggests to capitalize (to define formally) the personal health? I think it suggests nothing for that.

Today personal wage is a subject of taxation. Taxes are being spent for health care as if persons can not take even a part of responsibility for preventing disease with healthy sport, food, etc. The lack of such the responsibility turnes out big taxes (both business and personal), ineffective costs (both business and social), wrong consumption (medicine) and closes the doors before Knowledge Society.

Depending on national law a programme to increase personal wage and health, decrease business costs on taxes and social costs on health care, capitalize personal health to convert employees to co-investors, raise total competitiveness ... might be designed.

Power

What is power for you?

By what means power is being supported?

Who is powerful person?

Why people, organizations, countries, networks fight for power?

From what power originates?

Where power is being concentrated?

When power starts and ends?

How power works?

A discussion was started here not by me, but I think all these questions will help to define power more precisely.

About international finance architecture - old and new

There is an article from Asia Times Online - US dollar hegemony has got to go by Henry C K Liu (published 5 years ago).

Some quotations:

"The current international finance architecture is based on the US dollar as the dominant reserve currency, which now accounts for 68 percent of global currency reserves, up from 51 percent a decade ago".

"Ever since 1971, when US president Richard Nixon took the dollar off the gold standard (at $35 per ounce) that had been agreed to at the Bretton Woods Conference at the end of World War II, the dollar has been a global monetary instrument that the United States, and only the United States, can produce by fiat".

"World trade is now a game in which the US produces dollars and the rest of the world produces things that dollars can buy. The world's interlinked economies no longer trade to capture a comparative advantage; they compete in exports to capture needed dollars to service dollar-denominated foreign debts and to accumulate dollar reserves to sustain the exchange value of their domestic currencies. To prevent speculative and manipulative attacks on their currencies, the world's central banks must acquire and hold dollar reserves in corresponding amounts to their currencies in circulation. The higher the market pressure to devalue a particular currency, the more dollar reserves its central bank must hold. This creates a built-in support for a strong dollar that in turn forces the world's central banks to acquire and hold more dollar reserves, making it stronger. This phenomenon is known as dollar hegemony, which is created by the geopolitically constructed peculiarity that critical commodities, most notably oil, are denominated in dollars. Everyone accepts dollars because dollars can buy oil. The recycling of petro-dollars is the price the US has extracted from oil-producing countries for US tolerance of the oil-exporting cartel since 1973".

"In order to act as consumer of last resort for the whole world, the US economy has been pushed into a debt bubble that thrives on conspicuous consumption and fraudulent accounting".

Author suggests:

"The starting point is for the major exporting nations each to unilaterally require that all its exports be payable only in its currency, so that the global finance architecture will turn into a multi-currency regime overnight. There would be no need for reserve currencies and exchange rates would reflect market fundamentals of world trade".

If my understanding is correct, the idea is - exporting nations unite and ask their own currency for the export.

And what if the network will emit oil & gas money?

The networking meanings build the concepts and reality behind them

You know that every explanatory dictionary usually has many meanings for one term. You may prefer first meaning, another one prefers the second one, etc. And where is truth? I usually solve this problem by creating a chain of meanings - something like my definition of Knowledge (you can built yours).

If the meanings are "networking", this fact says that we deal with a concept that can reflect or built some reality:

Concept - an abstract or general idea - a scheme - a systematic plan for a course of action - doing something for a particular purpose.

For example, it would be useful to compare the different concepts, including Knowledge Management concept.

Unfortunately the attempts to define Knowledge Management terminology go not further voting and average values in result, which are fictive values by their nature - don't or can't represent reality (or can't create it) and we see that.