ECONOMIC SHOCK TESTING In recent times, the application of - TopicsExpress



          

ECONOMIC SHOCK TESTING In recent times, the application of Operations Research to the study of the public economy has been obvious for anyone who understands the principles of shock testing. In the shock testing of an aircraft airframe, the recoil impulse of firing a gun mounted on that airframe causes shock waves in that structure which tell aviation engineers the conditions under which parts of the airplane or the whole airplane or its wings will start to vibrate or flutter like a guitar string, a flute reed, or a tuning fork, and disintegrate or fall apart in flight. Economic engineers achieve the same result in studying the behavior of the economy and the consumer public by carefully selecting a staple commodity such as beef, coffee, gasoline, or sugar, and then causing a sudden change or shock in its price or availability, thus kicking everybodys budget and buying habits out of shape. They then observe the shock waves which result by monitoring the changes in advertising, prices, and sales of that and other commodities. The objective of such studies is to acquire the know-how to set the public economy into a predictable state of motion or change, even a controlled self-destructive state of motion which will convince the public that certain expert people should take control of the money system and reestablish security (rather than liberty and justice) for all. When they subject citizens are rendered unable to control their financial affairs, they, of course, become totally enslaved, a source of cheap labor. Not only the prices of commodities, but also the availability of labor can be used as the means of shock testing. Labor strikes deliver excellent test shocks to an economy, especially in the critical service areas of trucking (transportation), communication, public utilities (energy, water, garbage collection), etc. By shock testing, it is found that there is a direct relationship between the availability of money flowing in an economy and the psychological outlook and response of masses of people dependent upon that availability. For example, there is a measurable quantitative relationship between the price of gasoline and the probability that a person would experience a headache, feel a need to watch a violent movie, smoke a cigarette, or go to the tavern for a mug of beer. It is most interesting that, by observing and measuring the economic modes by which the public tries to run from their problems and escape from reality, and by applying the mathematical theory of Operations Research, it is possible to program computers to predict the most probable combination of created events (shocks) which will bring about a complete control and subjugation of the public thru a subversion of the public economy (by shaking the plum tree)...
Posted on: Wed, 04 Dec 2013 23:27:03 +0000

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