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$$$$ Keep the "Funny Money" I Will Take the Value!!! $$$$

By       Message Theresa Paulfranz     Permalink
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  The congress is seeing money matters get so wild and panicky that they are panicking. I just read that they passed a bill insuring that they have the right to spy on any and every credit card interaction. Or something to that effect. Well!! As far as I am concerned that is just like starting a run on a bank where the panic that started the run makes more panic and pretty soon the commonly agreed upon value of money is no longer commonly agreed upon. Then money can quickly become just a piece of paper. At such times the near-infinite inflatability/deflatability of paper money is too wild and unpredictable.

   Especially right now, and possibly getting much worse soon, is money that seems to be going haywire. We need a means of allowing things to get exchanged that we can depend on. We need another kind of money as a counterbalance. Paper money as the only system of exchange is just too vulnerable to the influence of human greed and soon after human panic and then severe destabilization.

   "Funny Money": Money Mistaken as a Commodity


Mr. Cook...

"One of the things that is going on is that money is being mis-defined as a commodity. People who believe money is a commodity think it has value in-and-of-itself. But one of the hardest things to grasp about money is that not even gold or silver money, or paper money supposedly backed by gold or silver, has or could have intrinsic value."

and Cook goes on...

"Unfortunately, large amounts of credit are used mainly for speculation, not for any benefit to the producing economy. This includes securities bought on margin and borrowing by hedge funds where the fund may make a profit even if the value of its investments goes down. Bank-created credit in this case is little more than chips in a casino."

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All this is "funny money" or fake money with no wealth or value attached at all. It is all just a bunch of casino chips. Most people who go to casinos lose. Or in this case there is often a way to make others lose.

  We humans create an abstract monetary symbol for value and then fall in love with the symbol. Money is a means to an end not an end. We forget we are trying to create a world that is good for everybody.

Over time abstract symbols worshiped for themselves cause things to warp where the rich get richer and the poor get poorer. That process can and has now gone to an exponential explosion of monetary processes where we see rich and poor with an ever increasing divide. The species human could snap in two. As Abraham Lincoln said "A house divided against itself can not stand". If we lose our connectedness and ways to serve each other, exchange with each other and help each other, we could lose species integrity and go the way of the dinosaur.

  Are Humans a Commodity?


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  First we humans have made the mistake that a symbol for value is value. Then we go on to make things much worse by assigning nothing more than mere quantitative value to everything. When humans exchange things by a system that is strictly quantitatively-oriented and everything becomes a commodity then we ourselves become a commodity.

  A car needs grease to make its parts run smoothly. But without a piston and some fire you ain't going nowhere! Money is only "exchangability grease"!!!!

  Humans are beginning to catch on to the manipulations and games being perpetrated against them. But we have to see first that the games perpetrated on us were to a large extent things we willingly participated in.

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I am a hippy that never dropped out. I have held on to impossible idealism and will not give up. I think the human race is a ticking time bomb and we are at the last tick. So what is the good of slow careful pragmatism that allows time for it all to (more...)

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