Money is Unlimited Scarcity is Created Old Money New Money Conflict
“It is not intended that man should live to survive but rather that man would live to create” -R.G
Money is unlimited because our ability to generate value and therefore wealth is unlimited. In a natural economic system wealth should be proportional to the amount of genuine value created for others. Any scarcity of money is an artificial creation. Our consumption based on needs and our ability to produce does not change very much and would increase over time with population growth demanding economic expansion. This would indicate that the system used to account for value exchange has a flawed design. There is no natural intelligent reason that anyone on the planet could be without food, shelter, and energy, it is provided for free by The SUN. Remember it is the Consumer / Consumption and the inventors that create jobs not business. Business is the doing or fulfillment part, producers who are normally also consumers. Money is unlimited because it's creation is just a collection of key strokes creating a transaction in the cash account of the master chart of accounts. Decreasing it as other cash accounts in primary banks are increased. Then of course there are the banking agents themselves that with a number of keystrokes in relation to their volume of deposits has the power to increase your account balance as a debt. A promise to create future value but giving up a percentage in the form of interest on the debt.
But what is money? In the past it had intrinsic value the coin itself carried actual value. Money is now nothing but a digital accounting system and the sum of the account balances representing the total number of units that can be used to account for the creation and exchange of value. Yet the low income people often don’t have enough to justify having their own electronic digital account (number) in the system and live using cash paper printed which allows for off line transactions. Most of the currency in the system has no paper or coin representation. Thus the monetary system is nothing more than transactions that increase and decrease account balances. Individuals or organizations with large account balances can hoard currency in stagnant pools since they need a minimal amount to actually live little of their pool of currency needs to flow creating a scarcity of liquidity. Not enough units to support the required volume of exchange for essential economy between living producers and consumers in the general population. Where lower income individuals have not a pond, lake or ocean of digital units, but a stream where currency flows in and out immediately. It must therefore be replenished constantly with labor generating value for other consumers. When we pay someone or a business we are crediting them for the creation of value in the system and our account balance is increased.
The biggest conflict is between Old Money and New Money and yet anyone with savings of old is owner of Old Money. Economic growth devalues old money can’t say it more simply than this and is what results in scarcity. Old money is the creator of recessions and depressions and also serves to convert the intangible value in the accounting systems into tangible value in the real world. This is why Old money tacks interest on the creation of debt to support the creation of new value. Interest is a way maintains their percentage of the total wealth. Usury / interest is like a pay to play fee where you give up a percentage of your future wealth for the ability to create it.
An economic system transformed into one based on a holistic perspective, truth and science would be a great start. There is a chance that some new spontaneously emerging system could manifest but it might make sense to intentionally implement one. Natural Science Based Holistic Economic Systems
The creation of new monetary units proportional to the volume of value and services created each day based on a ratio, a Golden Ratio is needed. The creation of high value products and services is determined by the expressed needs of the economic constituency accommodating both essential needs and desired wants. We have issues though because our economic system is a "pay to play design" and subject to numerous monopolies the major one being the control of the accounting system used to distribute the artificial life sustenance and fund resources for new innovation. At least to a degree.
Economic accounting is implemented locally first then regionally nationally and scaled globally but in support of sustainability things that can be manufactured locally are. Trade exists for exotics and hospitality. Control of the system is not Apex but rather Base Control with Apex guidance. The whole system is controlled first by the individual > local > regional > national > global
It is important to note this was not conceived by the world’s current management, celebrated academia, or so called experts etc. who all have a vested interest in the current system and or are dependent on sustenance from the system as currently designed. One does not have a large vested interest in the current system but have actually suffered unnecessary detriment from it and so have many of you. I have worked on all parts of the system. To be true one has enjoyed wealth and abundance in the current system because some aspects of it do work sometimes. It is the control and management of the system that is flawed and warped by self interested individuals acting to their benefit to the detriment of others. Where ones activities should be a benefit to everyone, self included. Gambling on fluctuations distorts the system.
The transaction processing itself works fine although the infrastructure to support it is way beyond what is necessary, it is the "miscounting of the accounting of it". The solution to this is transparency at the summary level with privacy at the detail level. The infrastructure of the current system can be greatly consolidated into an autonomous system of self management, creating extreme efficiency lowering the system maintenance costs for the economic constituency. For example our current economic system requires the heating of tens of thousand of buildings when 12 data centers could suffice with some shared meeting places for human to human contact.
"Look carefully at the coin, a side represents one and the other many; both are taken into account equally. One does not favor one side of the coin but embraces both and spends them as one. But when flipping in a gamble we should choose heads for the free individual is the source of collective evolution and innovation the inventor, the true creator of jobs. Suppression of the individual can be fatal to the many and in contrast an individual(s) should never have the power to suppress the many for this is fatal to the individual. In this way the coin is whole and can be spent freely” –Gerber
"If the Angel cannot convince them the Demons will, you can be assured of that" -The Infinite Player
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