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Eywa_devotee
Goddess Worshiper


Registered: 10/04/10
Posts: 1,088
Loc: State of Confusion, Arkan...
Last seen: 3 years, 7 months
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Philosophy of money as we know it.
#18948022 - 10/08/13 03:03 AM (10 years, 3 months ago) |
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What is the money you spend? Is it your provider and protector, can it buy happiness? Is it the root of all evil?
Without a method of exchanging energy or work into a unit of value, it would be impossible to do major projects and allocate finite resources according to the needs of the species. Unfortunately the human race is motivated by fear and the subconscious fears create greed. Greed is simply the belief one is never able to have enough to be survive and translates to desire to overly accumulate resources.
This causes speculation and the debasement of the value of work due to the desire to overly value the work of allocation of resources to such a degree that the allocation of resources consumes more energy that it creates in terms of useful production; they do this by allocating more resources than they actually have real control over.
To counter this, a finite commodity can be used to back money to keep it's value fixed, but it eventually gets replaced because such a rigid system eventually results in an extraordinary gap of social stratification of Haves and Have-Nots and does not allow much progress as a species, rather it hinders it. It allows extraordinary leveraging by those few who have a large amount of the commodity. It makes it easy for a small group of people to control more and more resources by simply dumping the commodity between partners in a ring configuration to artificially devalue real value of resources.
This system got replaced by a credit system that allowed flexibility of monetary use, but also put it out of control of mere finite limitations on the manipulation described above. This creates a hyper-real matrix of false value assets rather than real production. It always ends in the inevitable collapse of the system when the productive portion of society realizes that the value of their labor has been diluted to outside the minimum acceptable standard of living.
History has shown that this ALWAYS results in at least civil warfare. It appears the money that we use is backed by FEAR. The US dollar especially is backed up by nothing less than nuclear blackmail, the dollar units themselves are worthless, but the fear gives it it's purchasing power. Since basing money on fear is going to likely end in disaster, and basing it on a commodity like gold forces money to be too rigid for realistic use in all but the most simple economic systems, what is the answer to the problem of money?
-------------------- "Love one another." "To Love is to know me." "Love is the Law, Love under Will." "In Compassion, all sorrows end." Regardless of the Master, the message is the same- Choose love and you shall live, Choose Fear and you shall die. Help bring peace to this Earth: Love one another, and serve others before yourself.
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Icelander
The Minstrel in the Gallery



Registered: 03/15/05
Posts: 95,368
Loc: underbelly
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Re: Philosophy of money as we know it. [Re: Eywa_devotee]
#18948234 - 10/08/13 05:31 AM (10 years, 3 months ago) |
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suicide/
-------------------- "Don't believe everything you think". -Anom. " All that lives was born to die"-Anom. With much wisdom comes much sorrow, The more knowledge, the more grief. Ecclesiastes circa 350 BC
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Penelope_Tree
Shamanic Panic



Registered: 07/31/09
Posts: 8,535
Loc: magic sugarcastle
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Re: Philosophy of money as we know it. [Re: Eywa_devotee]
#18949997 - 10/08/13 02:57 PM (10 years, 3 months ago) |
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Interesting post. Especially this part:
"This system got replaced by a credit system that allowed flexibility of monetary use, but also put it out of control of mere finite limitations on the manipulation described above. This creates a hyper-real matrix of false value assets rather than real production. It always ends in the inevitable collapse of the system when the productive portion of society realizes that the value of their labor has been diluted to outside the minimum acceptable standard of living."
I'm by no means an economist, but do have a few friends who are and have spoken about what the implications of a credit-based system are - namely, that it is the equivalent of entering into an agreed-upon contract (we will do this in the future, if you do this for us now). This, of course, has pros and cons. Pros: it is highly flexible, and Cons: tere's a high degree of uncertainty.
I don't think we'll be going back to a production-based system when 3D printing and robotic manufacturing becomes widespread, as it is expected to do. This has implications beyond the immediate joblessness of unskilled workers - it also means there will be LESS available jobs. This has already occurred to a certain degree as evidenced by the replacement of the travel agent by sites like Expedia, the replacement of airport ticket handlers by computer kiosks, etc.
The sad fact that I discovered while working at a manufacturing facility is that the livelihood of millions of people is based on increased consumption, which is, imho, unsustainable.
--------------------
full blown human
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Icelander
The Minstrel in the Gallery



Registered: 03/15/05
Posts: 95,368
Loc: underbelly
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Re: Philosophy of money as we know it. [Re: Penelope_Tree]
#18951050 - 10/08/13 06:42 PM (10 years, 3 months ago) |
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It's a great time to be retired.
-------------------- "Don't believe everything you think". -Anom. " All that lives was born to die"-Anom. With much wisdom comes much sorrow, The more knowledge, the more grief. Ecclesiastes circa 350 BC
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Mr.Al
Alphabet soup


Registered: 05/27/07
Posts: 5,388
Loc: N.S.A. D.C.
Last seen: 1 month, 22 hours
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Re: Philosophy of money as we know it. [Re: Eywa_devotee]
#18956218 - 10/09/13 08:02 PM (10 years, 3 months ago) |
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Some specific commodities make for excellent mediums of exchange because they are stable quantitatively.
Contrary to what you posited, history has shown that time periods of civilizations that utilize commodity money show an increase in standard of living among the poor and middle class.
It is an Inflationary Monetary System that specifically causes the gap to widen between the rich and poor, it is simply a matter of quantity of money, increase the quantity of money and the gap between the wealthy and poor increases.
The above is especially True because the politically well connected wealthy types receive the newly created money in the Inflationary Monetary communist system.
If you take every sentence you composed and examine it logically you would find that I am correct given that you are a rationally minded individual.
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Gorlax



Registered: 05/06/08
Posts: 6,695
Last seen: 16 days, 14 hours
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Re: Philosophy of money as we know it. [Re: Mr.Al]
#18956225 - 10/09/13 08:03 PM (10 years, 3 months ago) |
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I want to get money so I can fucking buy a god damn sailboat. and fucking sail blown as fuck!
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Mr.Al
Alphabet soup


Registered: 05/27/07
Posts: 5,388
Loc: N.S.A. D.C.
Last seen: 1 month, 22 hours
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Re: Philosophy of money as we know it. [Re: Gorlax]
#18956250 - 10/09/13 08:08 PM (10 years, 3 months ago) |
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They are "relatively" cheap given that used luxury goods glut the market during economic downturns.
Docking fees, fuel, misc. exp repairs, et cetera.
Boats are expensive toys, not investments, as many find to their acute dismay.
They find conflicts with their wives over such expense. See: old school dinner plate throwing et cetera.
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