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Thread: The Congressional Order 101 initiative

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  1. #13
    "Don't store up treasures here on earth, where moths eat them and rust destroys them, and where thieves break in and steal."

    Accounting for treasure is part of why we created a Treasury.

    Quote Originally Posted by David Merrill View Post
    There is a physical dimension we all tend to focus on. Maybe what I am trying to articulate is the verbal Operations. Idea sets and thought systems as rudimentary building blocks to the creative process.
    Much of the deeper reality of that is why I couldn't account for the true value of knowledge & education, or better said consciousness or Light.

    Besides... to abstractly represent That, with a medium of exchange, for a single Soul incarnated, would be to create infinite money...

    I think it is proper that to try and monetize the Soul would destroy any economy -- natural law working at it's finest.

    Even this tiny scrap of consciousness represented by degrees & diplomas being monetized was almost too much Wealth... If it wasn't for the Debt nullifying it (or better said, it nullifying the Debt), obviously $20+ Trillion Dollars entering circulation in the economy would have caused problems.

    Quote Originally Posted by David Merrill View Post
    Gold is back into the System alright. The Initiative in the Post Title is very real, all hardware aside. You can look at the data silos and server farms as neurons of a brain. Fine! I think that is accurate but I am speaking of an artificial mental dynamic that is as much an extension of the human mind as the architecture of your directories and keyword searches to find your way through posting and other communications, is an extension of how your personality is formed in your brain and memories.
    When we go back in to the ancient histories... even the concept of gold & silver having value, and how it became valuable in the modern sense is obfuscated. It's value was never founded in scarcity, but usefulness -- the scarcity doctrine was introduced much later.

    I presented the basic paradigm shifts without writing a book:

    Many people, when they think about money, are of a mind that the money is valuable. While this has some merit, the simple truth is that money represents the existence of something of value and inherits its value from the assets it represents. Money has been like this since it was invented. While that may seem strange and provoke some debate, you will find that the use of money of exchange in the form of tokens made of paper, wood, bamboo, etc.. as types of “warehouse claim tokens” for ancient city states’ warehouses occurred long before people started mining and refining gold & silver and striking coins. These tokens represented goods stored in the warehouses (like grain), and it was the goods in the warehouses that were valuable, not the tokens. The token could be exchanged in the barter markets as if they were a bag of the grain only because the token could be taken to the warehouse and traded for a bag of grain. It stands to reason that the use of metal tokens (like gold & silver coin), as the medium of exchange was turned to originally as a type of security feature to hinder counterfeiting of the warehouse claim tokens because of the difficulty of mining and refining it, not because it was scarce or inherently valuable. In fact, there is no evidence that gold & silver became valuable in the modern sense until being used by the ancient city states as the medium of exchange aka money of exchange. Even older than the invention of money of exchange is the invention of the ledger in very crude forms (tally sticks & hash marks), and the oldest form of money is actually money of accountcredits & debts on a ledger representing something of value, or something of value owed. This had been how the warehouses did things before the invention of money of exchange, which worked fine for a small community, but with a large city state you can see how quickly it would become an accounting nightmare.
    Gold & silver coin became valuable in the mind of ancient populations the same way Federal Reserve Notes became valuable in the minds of the population. People mistake the abstract representation for what is being represented... much like they mistake the persona of the government actor, for the human being. With gold & silver, however, they are unaware that the metal coin was the fiat currency of its day.. like Gold Certificates represented gold coin in modern times, in ancient times, gold coin represented grain in a warehouse, for example.

    Metal tokens certainly were more useful than what they replaced though, and usefulness is always a sound basis for inherent value.

    The actual invention of money precedes written history though.. and what we have are presumptions based on the best evidence and reason.

    I probably should not present that section so absolutely, BUT... the presumptions many people present just as absolutely, is that gold & silver coin was the first form of the invention of money... and they do not bother to really explore the topic... and those who do, many mistake barter economy and commonly bartered items (like beads and shells) as being forms of money, when it is actually still properly barter.

    Further, there is better evidence supporting the use of ledgers and that "money of account" was in use long before the more complicate thought process of using abstract representations of value in barter.. making hash marks on a tally stick or a clay tablet is a simpler mental process & invention, and therefore is more reasonable & likely to have come into existence long before warehouse receipt claim tickets were bartered in the bizarre for the things not stored in the warehouses.

    Barter is still the essence of all economy... but bartering abstracts is distinctly different than pure barter... and it is much easier to cheat people if it is not clear what the abstracts represent.

    Someone asked over at LinkedIn why the value of Bitcoins fluctuated... My answer was that the psychosis was being cured. As reality sets in, and the actual value of a Bitcoin came to the forefront of the mind of the population (which is $0.00 - it abstractly represents nothing of value, according to their site), and the price drops... then psychosis is induced in the population via propaganda of some kind and the price goes up... as more and more people cure themselves of the psychosis there will come a time when the population will become immune to this kind of psychosis being induced to a sufficient degree to make it impossible to sustain the hoax of crypto currency. This was the same problem Nations had that just started printing money out of thin air... eventually the population had a psychotic break and snapped back to reality.. and those economies collapsed.

    While there are a few doctrines of valuation, for some reason the simplicity of the doctrine of the usefulness of something being the basis for it's value has been eroded by this insanity that scarcity trumps usefulness... and further, that unless something is scarce, it is worthless.

    I guess people trying to barter lumps of soft metal for useful things had to induce psychosis to get, for example, the farmers to trade them food for their useless metal..

    It doesn't even make a good tool.. way too soft.

    Talk about the artificially inflated value of an asset!!! And that was several millennia ago.. it has snow-balled since then...
    Last edited by Christopher Theodore; 12-04-17 at 09:24 PM.

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