What is money? Do you know? We need to ask our elected leaders to get educated on virtual reality, cyberspace, digital money, cyber banking, and money creation ‘OUT-OF-NOTHING’. Many call this money creation out-of-thin air. I call it FAKE money which has no existence within our space/time universe. Do our elected leaders comprehend the ‘nature’ of our money today? I don’t think so! We need to educate all our leaders and the public on what is happening today within our markets! Please give this missive on money some reflection.
The comments above & below are edited ([ ]) and abridged (…) excerpts from the original article written by Don Swenson (kingdomecon.wordpress.com)
Our money system today is pure fantasy when fully understood
Only 8% of all money on planet earth is physical the rest consists of virtual accounting units. What we have for money today is merely a ‘accounting unit’. We have no real ‘thing’ as our money. Our accounting unit is virtual and lives within cyberspace. Think about what we have for money today. A ‘virtual’ accounting unit ($1.00) and this unit represents nothing of substance. We should call this unit a FAKE abstraction of our mind which has been imposed upon the markets by our banksters. [Check out https://goo.gl/T2fnWj – Register for chance to win an iPad Pro!]
This virtual unit is technically illegal as it has not been adjudicated within our American court system as constitutional legal tender. This unit is also unconstitutional as our Congress has not approved a VIRTUAL dollar ($1.00) for our economy. Our House Banking Committee has not approved virtual money and our Senate Banking Committee has not approved virtual money.
Why are these virtual units being imposed upon our markets? What is virtual money? Where does it derive from?
Virtual money derives from our thinking (our consciousness) and these units have NO existence within our space/time universe. We all live within a space/time universe and we create our money from this universe (historically). To abandon the material universe and accept a virtual money unit is a major change from all our past history. Virtual reality (and virtual money) lives within this Netherworld called cyberspace. This space is not part of our space/time universe. Think on this. Where is cyberspace located?
What do I mean by stating that virtual money lives within our ‘extended’ consciousness?
Cyberspace is really an extension of my/your mind or consciousness. Cyberspace does not exist as a substance or thing within our material universe. Does our Congress realize this? Do our elected leaders realize this? Do the American people realize this? Do our world trading counterparties realize this? Cyberspace and cyber money can work ONLY as a ‘accounting unit’ and then only for a limited time period. When traders and nations become aware of the flaws with virtual money they will REJECT this FAKE money. These fake units do not fulfill the core functions of money!
A virtual money unit (our current ‘accounting unit’) does not fulfill the role of a ‘store of value’
How can I ‘store’ a mental abstraction? How can I ‘store’ a non-substance? How can I ‘store’ a fake/virtual image living within my computer screen? How can I ‘store’ an imaginary ‘number’ living in cyberspace?
In reality, this accounting unit is pure fakery on the nations which trade with us. We ask them to sell us real material products (oil, consumer goods, and such) and we give them units of our imagination (virtual accounting units) circulating within our computer screens. Is this fair trade? Is this free trade? Is this just and/or moral? I don’t think so!
Our current virtual accounting unit also is not a real medium of exchange or a standard of value
These functions of money require that the medium live within our space/time universe and that some physical ‘thing’ be exchanged as a ‘standard of value’. Virtual accounting units can not fulfill these two functions in any meaningful way. Again, virtual money resides within our extended consciousness. This means that our current money unit ($1.00) which works as a ‘accounting unit’ does not work long-term as a ‘store of value’, ‘standard of value’, or a ‘medium of exchange’. Our pompous elites, however, are attempting to impose this fake/virtual/cyber money unit upon the entire world.
Do our elected leaders comprehend the ‘nature’ of our money today? I don’t think so! We need to educate all our leaders and the public on what is happening today within our markets! HELP!
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