When you sit down and really examine the function of money through the base societal purpose it's supposed to serve, its role is beautifully simple: money is credit you earn within a society for performing tasks which are necessary, but will not be completed unless somebody is provided a personal incentive. As a reward for contributing to necessities of society, you are given a universally trusted unit of exchange which is accepted by others. Those who accept your unit of exchange will then perform laborious tasks on your own behalf that they'd rather not have to do, be it the production of goods or performance of services. You spend your time doing laborious tasks you may dislike, but which need to be performed. In exchange for that sacrifice, strangers will do laborious things for you as part of regular transactional interactions. This social innovation is how we were able to scale up from small tribes where everybody had personal connections to massive civilizations full of strangers performing highly specialized roles, and when the system is respected it has worked beautifully. We haven't respected the system for over a century now, and that's why things are fucked up. Units that are meant to represent an expenditure of effort towards the maintenance and/or advancement of civilization are now printed by the trillions, backed by none of the labor that it was traditionally supposed to represent. The modern monetary system is a mockery of the human innovation of currency that allowed us to build large million+ pop civilizations of specialized labor in the first place, and the only reason the mockery goes unchallenged is because generations of conditioning has bred an unquestionable respect for this ancient social paradigm, paired with a widespread and misplaced trust in our leaders' abilities to resist corrupting the money for their own personal gain when it's within their capacity to do so.
@Hoss No, you're oversimplifying what money is and how it works, and so you miss the way that it dovetails with modern financial systems.
Money is a medium for exchange.
They're messin with the medium man.
They're messin with the medium man.
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The interesting thing about money is that in a system where all participants are honest and not malicious to the societal order, there really should be no difference between the unit of exchange being a gold coin or a specially marked slip of paper. Obviously, that is not how reality works, but this basic thought experiment should make anybody with a three-digit IQ wonder why fiat currency completely overtook metallic/bimetallic systems around the world over the past century. In a vacuum, there should be no reason why one would dominate over another if there was no exploitation of systems of trust and exchange being carried out by those in positions of power.
I just refilled my extended release Ritalin after being off it for a couple weeks, so no.
All the dollar is, is debt to the jews 😏 so every dollar created and every dollar spent is debt. It's their jewish babylonian money majick where you can get basically instant gratification using their promissory note to pay for everything, but the backing of that money doesn't exist and the value still has to come from somewhere in order to have a legit means of exchange. A promissory note just means you promise to pay up the real money at a certain point, but it never does get paid, it's still always owed, somehow all owed to the jews since it's their promissory note being used. that's just the money the goy gets to use, the jews having the power to issue credit and currency has unlimited amounts for themselves for their tribe, without debt or anything. meaning they literally get EVERYTHING they want for free as long as they give the stupid goy this fake money that the dumb goy thinks is real and issued by their government because the jew cleverly called "Federal Reserve".
A mental exercise. There is only one bank. That bank has $100 and loans it out with the expectation of being paid back $110, can the debt ever be paid off?
not really. Money in specie works exactly like that. The effort put to mine over millenia has been pretty consistant as a measure of value and it fills all the other criteria that define a medium of exchange. The problem is that modern financial systems don't use money. They use debt. They are not the same.
It's all fake and annoying 😮💨 there's GOTTA be a place on this planet that justifies all this life taking place on it. Maybe it's in the smol waterfront town of South bend Washington. Every time I go through there in the shuttle ride it looks like a super cozy quiet place to live with great aesthetics and vibe. Doesn't seem like a persistently obnoxious environment like Seattle or the place I'm living in right now
@Hoss @threalist in an honest world fiat works better than metal actually, since there might not necessarily be enough metal in your town to facilitate commerce
this is why feder managed to turn the german economy around even though they ran out of gold because of reparations btw
this is why feder managed to turn the german economy around even though they ran out of gold because of reparations btw
@PodunkPotato @RichardKuklinskisIcyGlare @Hoss @threalist that's why the bank insists the loan must be secured by property
and then over time they end up with everyone's property
and then over time they end up with everyone's property
Even if you "own" the house and property you still gotta pay the government annual rent for it otherwise they throw you out of it 😏 they say they use the money for roads and schools and boomers think it's a good thing while clearly not seeing that the school is only there to convert White children into communist faggots while force subjecting them to melinated violence, and the roads have never been worse, they all might as well be gravel roads. I've never had a smooth fucking ride in my life on these roads and feels like off roading as rough as they are. Then when they finally do some road work they cause gridlock for a couple years for a smol stretch that is barely better than what they had before it.
@RichardKuklinskisIcyGlare @PodunkPotato @Hoss @threalist i'm talking about personal property in general, not necessarily real estate
Pawn shop used to be my poor mans credit card 😮💨 I've made a vow to never EVER get a loan from one again. I've lost way too much cool shit to a pawn shop over the years
@RichardKuklinskisIcyGlare @PodunkPotato @Hoss @threalist yes so that's what i said earlier
>that's why the bank insists the loan must be secured by property
>and then over time they end up with everyone's property
>that's why the bank insists the loan must be secured by property
>and then over time they end up with everyone's property
It's pure usury 😏 trading real wealth for worthless paper only because we're forced at gunpoint to trade in this worthless paper. You can't pay rent with a 10 pound sack of dry beans and a goat, you HAVE to give them the jewish paper rectangles otherwise they send me with guns to throw you out
@Hoss Well, for example is there any doubt that a brick of gold is worth money? And yet that brick isn't doing anything related to laborious work.
So your framing just doesn't match what we know to be true. It's not an accurate framing of money in society.