Three categories: Goods, services, money.

[Gavilan]

[David Merrill]

Fetching.

It looks like you copied and pasted that? Anyway.

I watched REDFORD in The Discovery again yesterday. I watched the last half some time ago and was unimpressed. But this time I caught it from the beginning. And I think the movie reveals some of the cerebral ventures of Robert REDFORD, like All is Lost.

Anyway, thanks for throwing the perspective out there for discussion. I disagree in that the redeemed own everything, including the elite and everything they own - providing my assumption that the elite are not redeemed. Some of them are I am sure. I speak in stereotypes obviously.

[Gavilan]

Yes, the formatting got lost. I think the point is that the ELITE need the masses to BELIEVE they own everything fair and square. As you are aware, no one is walking out of here alive nor carrying anything out. But the the essence of the post, MONEY is a separate thing from all the goods and services, while I think in my simple view most people confound money as part of all the other goods and services. See if you can visualize Goods in one plane, Services in another, and money yet in its own separate plane. As you will notice, you can do away with money and trade will exist albeit not as efficient, but you cannot do away with goods or services.

[David Merrill]

Yes, the formatting got lost. I think the point is that the ELITE need the masses to BELIEVE they own everything fair and square. As you are aware, no one is walking out of here alive nor carrying anything out. But the the essence of the post, MONEY is a separate thing from all the goods and services, while I think in my simple view most people confound money as part of all the other goods and services. See if you can visualize Goods in one plane, Services in another, and money yet in its own separate plane. As you will notice, you can do away with money and trade will exist albeit not as efficient, but you cannot do away with goods or services.

Interesting point. Thank you again.

[shikamaru]

Money is created when it is dug out of the ground and stamped into coin composed of some precious metal.

Notes are an entirely different species altogether. Notes are printed into existence physically (money of exchange) or manufactured electronically (money of account).

There is secure debt and unsecure debt. Secure debt is backed by collateral. Unsecure debt is backed by faith (trust) in the debtor.

Tender of money extinguishes the obligation (at law).
Tender in notes discharges the obligation (in equity).

Interest is the cost of borrowing funds.

[shikamaru]

Yes, the formatting got lost. I think the point is that the ELITE need the masses to BELIEVE they own everything fair and square. As you are aware, no one is walking out of here alive nor carrying anything out. But the the essence of the post, MONEY is a separate thing from all the goods and services, while I think in my simple view most people confound money as part of all the other goods and services. See if you can visualize Goods in one plane, Services in another, and money yet in its own separate plane. As you will notice, you can do away with money and trade will exist albeit not as efficient, but you cannot do away with goods or services.

Money (and notes) are forms of technology.

Technology will have its benefits and costs.

Notes, particular Federal Reserve Notes, have liabilities and interests attached thereto not to mention those tendering such notes are encumbered as to their capacity (i.e. Social Security Number) and status (U.S. citizen).

Furthermore, those tendering such notes are constitutors (those who have agreed to be surety for another party) to the government of the United States.

[David Merrill]

My perspective changes on this so to seem fickle.

Precious metals are nothing but shine until the Chinese spun it into tiny wires.

[shikamaru]

My perspective changes on this so to seem fickle.

Precious metals are nothing but shine until the Chinese spun it into tiny wires.

My perspective has changed although it is more from a commercial/capitalist perspective.
Debt and taxes can be burdensome, but only if they aren't managed correctly in my opinion.

Debt is borrowed into existence. Taxes are assessed into existence.
If I exercise any control over the occurrence of the event; tax treatment of the funds; and management of the flow; the cost of debt and taxes can be deferred, reduced, off-set, covered, or even eliminated.

Done right:
Debt becomes tax free currency.
Taxes can be offset with deductions, credits, depreciation, et al.

That problem isn't debt and taxes per se, but the strategy and management of these obligations as well as where these obligations are tenured.

[Gavilan]

My perspective has changed although it is more from a commercial/capitalist perspective.
Debt and taxes can be burdensome, but only if they aren't managed correctly in my opinion.

Debt is borrowed into existence. Taxes are assessed into existence.
If exercise any control over the occurrence of the event; tax treatment of the funds; and management of the flow; the cost of debt and taxes can be deferred, reduced, off-set, covered, or even eliminated.

Done right:
Debt becomes tax free currency.
Taxes can be offset with deductions, credits, depreciation, et al.

That problem isn't debt and taxes per se, but the strategy and management of these obligations as well as where these obligations are tenured.

You are light years ahead in understanding, you are that 1 in a million that "gets" it.

And I am sure that you have noticed in the great circle of "life" all material things gathered become moot since no one is getting out alive nor carrying anything with them, however that spiritual connection, that frequency that let us know we are in the right path of discovery cannot be bought.

Have you seen Boris' videos? https://rumble.com/vek90t-law-of-boris-part-1-of-8.html

[shikamaru]

You are light years ahead in understanding, you are that 1 in a million that "gets" it.

And I am sure that you have noticed in the great circle of "life" all material things gathered become moot since no one is getting out alive nor carrying anything with them, however that spiritual connection, that frequency that let us know we are in the right path of discovery cannot be bought.

Have you seen Boris' videos? https://rumble.com/vek90t-law-of-boris-part-1-of-8.html

I have not seen the video. I will consume. Thank-you.

You have just shifted my thinking with your post .... this is pretty profound ... I will need to review.

I think my theory came about out of studying "stocks and flows" from the perspective of economics and accounting, real estate, insurance, and banking.