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By Mark Wadsworth blog
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Rising to the bait.

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Our regular troll posted his usual holier-than-thou gibberish re the 18-year boom-bust cycle:

… it’s not clear, but must be a combo of many things, and maybe even things the rational and logical thinking weakling Christian finds hard to accept. For example, in ancient times the business cycle was governed by the Saros, an actual harmonic cycle of solar and lunar eclipses of about 18.6 years.

Now, here’s the bit many struggle to even accept as a possibility, notwithstanding the many other possibilities they accept easily yet are no more certain: after many thousands of years of following the sun to determine the great resets, we no longer believe we do that right? But who’s to say we still do, yet unconsciously, because otherwise it looks like mumbo jumbo to the enlightenment man?

I propose recessions are directly governed by natural forces fundamentally. We just find that hard to consider because like crazy fools we started to believe we are masters of the universe a few centuries ago as the loyal Christians, we still are.

I offer no explanation for why it is so close to 18 years, it *might* well be something to do with solar and lunar eclipses or some other “mumbo jumbo”, so what? Most parts of the world have regular winter-summer cycles, we can’t control those either, we just accept them and deal with them the best we can.

We deal with the winter-summer cycle by planting crops at the right time; having air-conditioning and central heating; having winter and summer clothing; changing the clocks to maximise daylight hours; stockpiling salt and grit during summer and autumn; etc.

It’s the same with the 18-year cycle, we probably can’t suppress it. But we can minimise the damage to the economy caused when land price/credit bubbles burst by suppressing them, ideally by taxing land values (and not taxing work and production) and if not, then at least by going back to Georgism Lite. There will still be recessions, but they will be shorter and milder, as they were under Georgism Lite.

That does not make us “masters of the universe”, it just makes us masters of ourselves instead of being slaves to bankers and large landowners. It’s just a sensible, practical measure, like not sowing spring wheat shortly before winter kicks in and not taking part in Ponzi schemes.


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