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Mark Heffernan's avatar

What kind of control can be exerted over a person, populace, country, or world when the people no longer are illiterate enough to think that an abstract unit of measurement and record keeping about the value interchanges between them is itself an item of value?

All of this American & Western 'military might' that was put in place in the region to enforce the imposition of a 'world's reserve currency' on the basis of assured protection of the colonially established petrol fiefdoms seems to have collapsed as that protection was/is a ruse.....but the effort to maintain and defend a particular currency is itself based on illiterate nonsense about money itself.

Why does the world accept the hegemony of any currency? How much of the 'will toward dominance' would be eliminated by correcting the Misrepresentation of Money? Iran and Venezuela and other places prohibit usury...Tucker Carlson has spoken up against usury….but is that enough?

Imagine the healing of a world that will come from the leadership of a country that recognizes and abandons the ages long conceptual error of attempting to attach the features of a fungible commodity to their 'unit of measure' in their production and exchange and record keeping about 'value.' The leadership of every country must have its sights on what the Real Value is: the resources and labor and innovation and creativity and capacity of its land and people.

But can that full capacity manifest when the means by which the bookkeeping about their own economic activity holds an abstract Unit of AcCount - Money - to also BE an item of value akin to and/or equal, even superior, to the very natural resources of the land?

When we stopped using fungible physical commodities as 'trade goods' and moved to bookkeeping about the value contained in the goods and services of our interchange, we mistakenly and foolishly and illiterately assigned "value" to the number units themselves using symbols ($, etc.) as though those units were still commodities that had just lost their physical form.

The very conceptual subjugation of the full capacity of a society to an illiterate preoccupation with the preliminary acquisition of an abstract acCouting unit is a mistake of monumental proportions that even the best intentions cannot overcome while not correcting it. The 'inherited or imposed illiteracy' that surrounds money itself cannot be cured by holding the actors in this melodrama accountable for their actions within the illiterate paradigm. You see, one first has to think of, or be forced at gunpoint to accept, that money is an item of value that can also perform the function of 'unit measure of value.' But those two are mutually exclusive. The function called 'measure' is not sensible or reliable if the unit is constantly in flux and self-referential. That is the core illiteracy about money in the 'educated' class of the present day.

The 'reality transformation' that first occurs is the assumption that abstract units of representation possess the same characteristics of their predecessor trade goods and that some magical entity has the power to 'create' the abstract units of representation representing nothing but themselves!

But 'Money creation', from nothing and yet turned into a thing of 'value' - Poof! - is NOT a power that anyone actually has, not anyone, not any government, not any bank.

The first premise most people willingly go along with is the absolute illiteracy and illegitimacy of there being these so called "financial powers." WE ALL are the ones accepting the nonsense that the origination of the monetary unit is a magical process of 'creation' by some magical monetary power within government or banking. And we accept that this whole process must precede and subjugates economic activity of genuine value. And we accept this nonsense because we think that the monetary unit is an actual item of 'value'. It is NOT.

So, when the leadership of a society truly is motivated to establish "inclusive and sovereign endogenous development” it must realize that the present system and conceptual basis of money itself cannot assist but only interfere with this effort.

But won't it be amazing for a society's leadership to abandon this age old problem and correct the conceptual error by calling the world to genuine liberation through the establishment of a genuinely Logical and Mathematically Literate System of The Abstract Representation Of Value !?

Here are the Resolutions that can be presented in every jurisdiction that will call the world to correction of the conceptual error. https://www.moneytransparency.com/msta-resolutions

Remaining within the framework of the conceptual error leaves people thinking that they must contend with others in ways that can only bring more and greater cycles of conflict.

We cannot keep accepting self-declared 'authority' on the part of the "issuer" of the numbers we use to do the bookkeeping about our own activity. Nor can we accept that the numbers on the ledger (or the coins of the realm that came before) are items of value all by themselves.

Yet, most all are going along with this.

Money is not a resource at all. That is the core illiteracy that people struggle with. Holding back genuine economic activity waiting for the abstract units to record that activity is like waiting for some of the inches to be available so that you can measure the boards to build something. And the unit of money is itself an absurdity in the field of Applied Math. How can one make sense of equations using a term that is undefined and unstable?

https://bibocurrency.com/index.php/downloads-2/19-english-root/learn/299-stop-wwiii

Mark Heffernan's avatar

How many will challenge the illiterate dogma of money itself that the whole world is using!?

The accurate analysis of all of this is NOT about Who is running it. It is about What is running.

Abstract:

“This document is the result of a rigorous control system theory stability analysis of the current world de facto standard currency system and identifies a root instability in the form of the growth component of Debt associated with the money creation process. It first establishes the inherent instability of Common Lending Practices (application of interest). Then the analysis further charts the logical consequences of said root instability as it affects the economy as a whole and identifies how it provokes a systematic divergence between debt and value attributed to wealth in past cycles with the minimum value required in current and future cycles as those incorporate past unpaid debt i.e. systematic compounding of debt. It also identifies how the only means available within the system design for staving off inflation is through the continued contribution of collateral wealth as guaranty for the creation of new principal debt money commensurate with past debt growth. Finally it illustrates that compounding debt inevitably leads to a point where an inability to provide new wealth to guaranty new money to keep up with debt growth becomes chronic at which point either runaway inflation or a definitive collapse of the system inevitably ensues.”

http://bibocurrency.com/images/pdfdownloads/Formal%20Stability%20Analysis%20and%20experiment%20%28final%29%20rev%203.4.pdf

Is the problem certain individuals or is it the systems in place? Another way to ask this is, are the systems producing the bad behavior? Or, can we not predict that certain behaviors will arise when using certain systems and structures? Is the massive systemic harm the result of the action of agents or of the structure of the system itself?

Are those that rise up in this highly competitive but also impossible system to be blamed by the awareness that all have that the system itself is impossible? But have they figured out that this is due to its core beliefs and follow on structure? The structure of the game of Musical Chairs is a good example of how behavior is produced by the structure of the game itself. And regardless of how one behaves, whether aggressively or not, the end result is that everyone but one loses. And every time this game is played both aggressive and passive responses can be predicted. The structure of the game itself produces these responses.

When we do not challenge the very structures and systems we are inside of we are ignoring basic Behavioral Psychology awareness that the very structures and systems influence, direct, and produce behaviors. If we want to see better behavior throughout the social order then we cannot leave in place the structural and systemic and their basic assumptions that produce behavior. Using the Musical Chairs analogy the players all are fully aware of the structure of the game. Their responses to this awareness are rational. In Behavioral Psychology the field assumes that the human is capable of accurate awareness of the situational and structural and that reactions to these are predictable. Therefore, one can avoid all the moralistic hand wringing by installing systems that are more likely to produce better behaviors.

When it comes to the financial havoc that has been wrought one cannot ignore the very system of money and how it is structured and controlled. And we are all inside that system just like in a game of Musical Chairs, and we all know there will Never Be Enough. So unless we envision and install a better understanding of and system of money we will continue to see the system produce the results we already can see all around us.

There is a way out. https://www.moneytransparency.com/msta-resolutions

Julian Vigo's avatar

I think before we get to the challenge of money, we need to arrive at private property. And that will invoke serious class divisions, violence, war. Remember the laptop classes that happily locked down while feeling good about tipping their Deliveroo drivers (most all immigrants) a few quid. These are same who had their hands open to take rent from those without income and who still struggle today.