Medium of Exchange.

[Gavilan]

[David Merrill]

I enjoyed that. Thank you.

Recently I have discovered that metal gold is worthless, except recently in electronics. But it carried the value described above for a long time and this value is by and large misconstrued. True gold has no gluons. It is manna or monatomic gold. It is fine white powder. To comprehend this misconstruction you look to the Bible and discover that the Golden Calf was considered of value, for its gold. Moses took it up the mountain and removed the gluons, and returned feeding it to the Israelites to drink. The misinterpretation is that it caused discomfort of some sort, as a punishment. But the actual results are plain in the reading; the effect of drinking powdered gold was to create an army of supersoldiers.

There is also Judges 18 where an alternate manna production facility began competing with Jerusalem up north on Mt Hermon. Understand that the sulfur burns to create the manna, electrolysis, were toxic and so they would be atop mountains instead of smokestacks.

I have discussed all this at length:

My point is that rational as the explanation is above, it still ends us in a quandary about basing money in something that has no value. Recently in our human development and technology it plays a very important and valuable role in communications. But even so high valence copper has been found for a cheap substitute that is even lighter weight.

I refer to a discovery pointed out by Sir Laurence GARDNER, my favorite historian.

Creating a hoard at Hathor Temple in Serabit proves out that gold, in this powder form had a great value.

[shikamaru]

There are other elements of money, more so the circulation; storage; leveraging (borrowing); and deployment of money, that aren't generally appreciated.

In addition to money, where there is money, there is also tax due to money being a creature of the law.
Tax acts as a demand on money causing it to circulate. Using said money for exchanges is a welcomed by product.

The coining and minting of money is a sovereign prerogative meaning that its (moneys) production is the exclusive right of the king over and above his subjects.

[David Merrill]

There are other elements of money, more so the circulation; storage; leveraging (borrowing); and deployment of money, that aren't generally appreciated.

In addition to money, where there is money, there is also tax due to money being a creature of the law.
Tax acts as a demand on money causing it to circulate. Using said money for exchanges is a welcomed by product.

The coining and minting of money is a sovereign prerogative meaning that its (moneys) production is the exclusive right of the king over and above his subjects.

Thank you for that contribution.

Having money can alleviate anxiety, or not.

[Gavilan]

There are other elements of money, more so the circulation; storage; leveraging (borrowing); and deployment of money, that aren't generally appreciated.

In addition to money, where there is money, there is also tax due to money being a creature of the law.
Tax acts as a demand on money causing it to circulate. Using said money for exchanges is a welcomed by product.

The coining and minting of money is a sovereign prerogative meaning that its (moneys) production is the exclusive right of the king over and above his subjects.

Yes, sir. It talked about it in the thread, but I could not capture it.

[Michael Joseph]

The coining and minting of money is a sovereign prerogative meaning that its (moneys) production is the exclusive right of the king over and above his subjects.

I agree. Right of Money is not the same as Use of the Right of Money. The first is Property - the latter begs an equitable or beneficial interest in Money thru possession. Which is the heart of the cestui que trust. The one with the possession of Money can take the profits from the purchase, by and thru the use, but the property remains in the king [state]. The sacred covenant establishes the landed estate.

I looked but I could not find my signature of the face of money.

[David Merrill]

I agree. Right of Money is not the same as Use of the Right of Money. The first is Property - the latter begs an equitable or beneficial interest in Money thru possession. Which is the heart of the cestui que trust. The one with the possession of Money can take the profits from the purchase, by and thru the use, but the property remains in the king [state]. The sacred covenant establishes the landed estate.

I looked but I could not find my signature of the face of money.

LoL!!

I used to do that many years ago. I would sign all my money.

[shikamaru]

Let me modify my post a bit ...

Money is gold, silver, copper coin ... precious metals.

Notes are an entirely different business. Notes are debt instruments .... representations of debt. Notes are contracts evidencing that a debt was agreed upon.

You have a choice, if you are aware, between dealing in money or dealing in notes.

Now that I think about it .... is their even a tax on precious metals? Reporting requirements? I think when metals are converted into notes is when a tax is incurred ....

[Michael Joseph]

Let me modify my post a bit ...

Money is gold, silver, copper coin ... precious metals.

Notes are an entirely different business. Notes are debt instruments .... representations of debt. Notes are contracts evidencing that a debt was agreed upon.

You have a choice, if you are aware, between dealing in money or dealing in notes.

Now that I think about it .... is their even a tax on precious metals? Reporting requirements? I think when metals are converted into notes is when a tax is incurred ....

Think "Use Fee".

[shikamaru]

We can also think of money and debt as means of exchanging or extracting energy from others ....