ozmirage
1st April 2023, 15:59
MONEY MADNESS AND SOCIALISM.
To run the “Grand Scam” and get cooperative serfs and vassals, you only need persuade them to embrace insanity. The foundation of that insanity is money. Take precious metal coin. Pursuant to the US CON, only Congress can coin money (stamp bullion) or borrow money. Since it cannot create bullion, Congress cannot create money. (Paper currency is actually debt - an IOU - denominated in coin)
Once a people are indoctrinated properly, the so-called moralistic argument for socialism (public charity) can be perpetrated.
Why? Because it is based on the insanity of money madness.
Under money madness, there are only three ways to acquire the necessary money tokens:
__ Trade (goods, labor)
__ Charity (public, private)
__ Crime (depredation, etc)
When government taxation of labor penalizes hiring labor, it drives employers to downsize (or go out of business). The result : a growing unemployed class that can’t find replacement jobs, and as they exhaust private charity, their only option is a life of crime - or public charity, saith the proponents of benevolent collectivism. However, slavery is not a viable remedy to the ills of mankind.
The root of the problem is money madness - the belief that money has value independent of the marketplace of goods and services. Remember, the function of any medium of exchange is to pass value to a future trade, when simple barter is insufficient. An example of a sane medium is a coupon - let’s say for one Micky D burger. When tendered, the customer receives a burger, and the coupon no longer has any value, having performed its purpose and can be destroyed.
But with money madness, no one would be so foolish as to destroy money after a trade. So how did the money token “pass value” and “retain value” simultaneously?
After all trades are done, and the marketplace is empty, what “value” does all that money have? Does the value automagically reappear on the next day’s market? And if there was nothing in the marketplace, what “value” does the money retain? What happens if the opposite occurs? If there is much more available in the marketplace, far in excess of the money token supply, sellers can’t find buyers with enough money! (Which can happen when money is ‘hoarded’ and not used to facilitate trade.)
In operation, any money token system based upon scarcity and finite quantity relies on high demand for credit, at usury, which enriches the masters of money. They, in turn, strangle trade by the money drought. As they skim immense fortunes, they get disproportionately richer. All the while, there’s unmet need, unemployment, underemployment, closed factories, and unused capacity all because poverty is caused by money madness.
Ironically, the socialist taxes on labor and business migrate to the retail price causing inexplicable inflation. Where else to companies and employees get the money to pay their taxes if not from the consumer? And all the while this tax-shift inflation goes on, the eCONomists are claiming that inflation is caused by “too much money chasing too few goods.” (Suppressed exclamation of derision deleted).
Fourth Way
What the collectivists and usurers never wish you to consider is the fourth way to enable trade - issue your own medium of exchange. Your private promissory note (i.e. coupon), denominated in what you can do or have, is a perfectly acceptable medium of exchange to facilitate trade when barter is insufficient.
Any laborer or business can emit the means by which their customers can trade for their labor and production. This would destroy the usurers and collectivists, for when no one needs to beg for credit or public charity, who needs them?
In a sane world, it would be quite obvious that money or any medium of exchange is not wealth. Prosperity is based on prodigious production of surplus usable goods and services, equitably traded. If all trades were barter, what medium of exchange would be needed? How can you account for such trades? How would you determine who is wealthy? Who is truly poor, when money doesn’t matter?
Remember, poverty is caused by money. If money was the remedy, and wealth redistribution was the answer, simply give everyone 22 billion billion quatloos, so no one “needs” money ever again. Equality of wealth! But when no one “needs” more money, no one would make an effort or offer something for sale. Why bother? Everyone has all the money they need. Suddenly, all that wealth is worthless, useless, and meaningless. Even the starving children are fabulously wealthy.
The scam of money madness requires the masses to accept that they NEED more money and as much as possible, while the masters keep the value and volume far below what the marketplace needs to facilitate equitable trade. Thus people are compelled to labor and trade, because they NEED money. So what if the workers and business owners are cheated, and others are pushed into poverty and misery? Or that many are pushed into a life of crime by desperation.
People who can make their own medium, and cease NEEDING official money, effectively cut out the three parasites : governments, bankers, and collectivists. Liberty* money (*because it is an endowed right) effectively destroys the collectivist - usurer alliance that currently operates governments world - wide.
Student Exercise:
Look up the process by which new paper currency is authorized, and how much usury is involved.
To run the “Grand Scam” and get cooperative serfs and vassals, you only need persuade them to embrace insanity. The foundation of that insanity is money. Take precious metal coin. Pursuant to the US CON, only Congress can coin money (stamp bullion) or borrow money. Since it cannot create bullion, Congress cannot create money. (Paper currency is actually debt - an IOU - denominated in coin)
Once a people are indoctrinated properly, the so-called moralistic argument for socialism (public charity) can be perpetrated.
Why? Because it is based on the insanity of money madness.
Under money madness, there are only three ways to acquire the necessary money tokens:
__ Trade (goods, labor)
__ Charity (public, private)
__ Crime (depredation, etc)
When government taxation of labor penalizes hiring labor, it drives employers to downsize (or go out of business). The result : a growing unemployed class that can’t find replacement jobs, and as they exhaust private charity, their only option is a life of crime - or public charity, saith the proponents of benevolent collectivism. However, slavery is not a viable remedy to the ills of mankind.
The root of the problem is money madness - the belief that money has value independent of the marketplace of goods and services. Remember, the function of any medium of exchange is to pass value to a future trade, when simple barter is insufficient. An example of a sane medium is a coupon - let’s say for one Micky D burger. When tendered, the customer receives a burger, and the coupon no longer has any value, having performed its purpose and can be destroyed.
But with money madness, no one would be so foolish as to destroy money after a trade. So how did the money token “pass value” and “retain value” simultaneously?
After all trades are done, and the marketplace is empty, what “value” does all that money have? Does the value automagically reappear on the next day’s market? And if there was nothing in the marketplace, what “value” does the money retain? What happens if the opposite occurs? If there is much more available in the marketplace, far in excess of the money token supply, sellers can’t find buyers with enough money! (Which can happen when money is ‘hoarded’ and not used to facilitate trade.)
In operation, any money token system based upon scarcity and finite quantity relies on high demand for credit, at usury, which enriches the masters of money. They, in turn, strangle trade by the money drought. As they skim immense fortunes, they get disproportionately richer. All the while, there’s unmet need, unemployment, underemployment, closed factories, and unused capacity all because poverty is caused by money madness.
Ironically, the socialist taxes on labor and business migrate to the retail price causing inexplicable inflation. Where else to companies and employees get the money to pay their taxes if not from the consumer? And all the while this tax-shift inflation goes on, the eCONomists are claiming that inflation is caused by “too much money chasing too few goods.” (Suppressed exclamation of derision deleted).
Fourth Way
What the collectivists and usurers never wish you to consider is the fourth way to enable trade - issue your own medium of exchange. Your private promissory note (i.e. coupon), denominated in what you can do or have, is a perfectly acceptable medium of exchange to facilitate trade when barter is insufficient.
Any laborer or business can emit the means by which their customers can trade for their labor and production. This would destroy the usurers and collectivists, for when no one needs to beg for credit or public charity, who needs them?
In a sane world, it would be quite obvious that money or any medium of exchange is not wealth. Prosperity is based on prodigious production of surplus usable goods and services, equitably traded. If all trades were barter, what medium of exchange would be needed? How can you account for such trades? How would you determine who is wealthy? Who is truly poor, when money doesn’t matter?
Remember, poverty is caused by money. If money was the remedy, and wealth redistribution was the answer, simply give everyone 22 billion billion quatloos, so no one “needs” money ever again. Equality of wealth! But when no one “needs” more money, no one would make an effort or offer something for sale. Why bother? Everyone has all the money they need. Suddenly, all that wealth is worthless, useless, and meaningless. Even the starving children are fabulously wealthy.
The scam of money madness requires the masses to accept that they NEED more money and as much as possible, while the masters keep the value and volume far below what the marketplace needs to facilitate equitable trade. Thus people are compelled to labor and trade, because they NEED money. So what if the workers and business owners are cheated, and others are pushed into poverty and misery? Or that many are pushed into a life of crime by desperation.
People who can make their own medium, and cease NEEDING official money, effectively cut out the three parasites : governments, bankers, and collectivists. Liberty* money (*because it is an endowed right) effectively destroys the collectivist - usurer alliance that currently operates governments world - wide.
Student Exercise:
Look up the process by which new paper currency is authorized, and how much usury is involved.