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The Money System In a Nutshell: How the Rich get Richer and Why We Never Do

17 September 2008, 05:55

Among trillions of stars in the Universe, if God really was *arbitrary* to the point of breaking his own rules... that is, of being everywhere every time... and LIMITED ITSELF by manifesting beyond immutable truly universal laws... and then God actually really did say something to the peoples of planet earth... it had to be : "Just keep me out of it, please" ....

But contrary to many i believe that is impossible to God to manifest anything "particular" because what is Infinite and Absolute Conscious of the whole, must be Absolutely Unconscious of anything particular and limiting. God doesn’t have a personality... God can be arbitrary... people can. But people are very limited and imperfect, that is, highly mutable which is the 180º opposite from God, that never did, it does not, and it never will, CHANGE. period.

God doesn’t emit opinions or change mood. But Evil, POWER and MONEY LOVERS, men, have always tryed making us believe IT does, and that *they* are God intermediary, and that *they* have instructions!!..

If God needs intermediarys how came is He All Powerful and All Knowing ??

God doesn’t need intermediarys, and is infinitely wiser, that is why it gave *mankind* a spark of itself... called CONSCIENCE... the direct path to communicate with *Him* trough the SUBJECTIVE UNIVERSE not the OBJECTIVE( the CONCIOUS mind always catch that is cold or warm, not 10º C or 30ºC.. as example)...

And CONSCIENCE is what anyone must leave out, when POWER and MONEY LOVING and or selling their souls to mass cults or groups... in search of *personality* appeasement or group recognition.

But funny thing is as the concept of Money derives into the concept of power and Value... and then the Ultimate Value( God) discussions. So Money is the ENFORCEMENT of something designating VALUE.. and ULTIMATELY, MONEY IS GOD !?

A very good exposition of the concept of Money is

http://www.appropriate-economics.org/materials/Riegel_Inflation.pdf

And IMHO, for a sane concept of money, it must incorporate intrinsically that it can’t be permanent, because is a circulating accounting memorandum, that is, MONEY IS A PROMISE TO PAY.

Money should have REDEMPTION... that is, when the PROMISE IS FULFILLED it must CEASE TO EXIST.... like the bank checks, when the recipient of your checks deposit them, they cease to exist. And bank checks are also PROMISES TO PAY... and BANK CHECKS are more REAL MONEY than any *Fiat Currency*. But for a better understanding read the PDF.

Yes, TONS of personal BANK CHECKS could circulate as *Currency*, without ever being deposited, that they could be good for any and all commercial transactions. That is why all over the world, bank check laws are so awkward, and why banks try to format checks in a way that they must be deposited before any currency redemption is available, in many cases a full week before the currency is available... like happened in my country... forcing the check holders to deposit then ASAP.

As i posted in this forum before, IMHO, Money should be ISSUED BY THE CONSUMERS, because by accounting principles and the logic of commercial transactions, it MUST BE A BUYER WHOM ISSUES MONEY... a promise to pay later, or redemption, of the NOTES that he delivers to the seller.

Changing...

"" People used to understand that and so they demanded that when they spent money on something they got their full money’s worth. And the fact is that real wealth is forever. ""

But it can change indefinitely from value, while the same piece of something remains the same its value may not... IF a Ford T was made of *adamantium*, the fictioned indestructible and hardest metal on the planet( never wears out a nanometer) would you pay for it the price of a Ferrary or would you prefer the Ferrary and bid the Ford T much much less ?... the same when the actual Ferrari is completely obsolete. Would your Gran Gran sons pay $1million for a Ferrary F60 in 100 years or would they prefer other... and the Ferrary loses value ?

"" Think about it. Do you think they would take your money if it was only good for 30 days and then it would evaporate into thin air? If when you went to buy a refrigerator you told them, "Here is nine hundred dollars, but it’s only good for the length of the warranty on this refrigerator, which is 90 days. After that whatever account you’ve got this money in, it won’t be there any more. It won’t be good anymore". ""

But money should company the real value of any item... called it a merchandise or a property.. its a promise to pay, and if by market the value of that merchandise or property is null, is the logic that the money that originally served to purchase it must cease to be... confusing ?... not really!

OTHERWISE IS INFLATION MONEY( MORE MONEY THEN REAL ITEMS).. ALWAYS.. ALWAYS LOSING VALUE WITH TIME, EVEN IF A GOLD STANDARD...

IMHO, Money should be issue by the buyers, meaning ALL, ALL the people not prevented otherwise... a STATE supervised and policed operation, the real functions of the STATE not wise in private hands, that is arbitration, policement and justice...

And Money should be made of plastic(like in Australia) and with a smartcard chip inside detailing among other things, its authenticity( not counterfeit like the FED *Fiat Notes*) its VALIDITY TIME ( 1,2,3... years or more, from the issuing date)... exactly like fixed value personal checks of 5,10,20... or other denominations...

People should pay a FIXED TAX( not income tax) for mostly this STATE JOB... and should present for its issuance an INSURANCE, like so many other insurances and or the same amount of other OUT OF VALIDITY TIME notes...

That is Money is always coming to be and being redempted... and the GOLDEN RULE is, that every piece of NOTE that cames to life, issued by any citizen according to the rules( which the STATE must PROTECT, its his job) must be DESTROYED...

The all planet may be forever.. as example... but it may happen that there isn’t any buyer for it, so it has no value, in terms of money, because it has no market.

Ppl please read the PDF for better understanding.