HappySqurriel said:
johnlucas said:
The thing people have to understand about the monetary system is that it is a ZERO-SUM GAME.
That is a FACT.
They call it inflation when more money is made. Inflation means money loses its value, loses its worth.
If everybody had decent dollars, then money would have no point.
It is a system that DEPENDS on INEQUALITY.
In the monetary system, for someone to be rich someone else has to be poor.
The more money a few people have, the poorer more people become.
It is INHERENT in the system to be that way.
Warped humanity in their backwards thinking believe that RARITY of a resource means WEALTH.
REALITY shows ABUNDANCE of a resource is WEALTH. When things become common, when they become commodities.
Think of that hierarchy of needs that Maslow guy detailed.
You can't go hardly a minute without breathing. Air is the most important thing a human being needs first & foremost. But air is ABUNDANT, isn't it? Not rare. It's everywhere & the powers that be haven't quite figured out a way to charge for it yet.
You can't go hardly a week without drinking water. Water is SECOND most important thing a human being needs. But drinkable water is ABUNDANT, correct? Not rare. It's so common that schools, stores, & all types of facilities offer it for FREE in the form of indoor water fountains.
You can't go hardly a couple of weeks without eating food. Food is the THIRD most important thing a human being needs. But food is ABUNDANT, don'cha know? Not rare.
Sure, they charge for food but in comparison to its 'essentiality' to the human design, it's fairly cheap. Besides, a single town throws more food away in a single day to feed a small nation probably for a week. And get this, for those who can't afford the food prices, there are food pantries & soup kitchens who feed them for FREE!
Value is NOT based on Rarity. It is based on function. I need fresh air to breathe. I need clean water to drink. I need nourishing food to eat. Whether there's a little or a lot, these are the 1st 3 essential things a human needs to EXIST. Essentials by function. Say I'm in a desert & I haven't eaten or drunk water in days. Hungry & thirsty, I run across a real oasis with coconut trees and a pool of water. Within this oasis I see a treasure chest full of gold. Which has more value to me in this situation? Simple answer. I can't eat or drink gold.
Money is a bad game started by corrupt players & the world suffers for it. Human beings will never fix the money system because it is designed to pit humanity against itself in the name of greed.
All money is fiat. Imagined value. The gold standard is just as flimsy as the federal reserve note. Both non-essential things we pretend have essential value. It's all make-believe like the stuff in Mister Rogers' Neighborhood.
The inequality ends once we realize we are our brother's (& sister's) keeper. Once we nip our inherent greed in the bud & learn to share. Until then all remedies to address this problem are merely Band-Aids on a gushing bone-deep wound.
John Lucas |
You're wrong on multiple accounts ...
Money is a physical representation of production within the economy. What we see as the value of the money is the exchange rate (for lack of a better word) between the physical money and a unit of production. When you print money at a faster rate than the productivity of the economy increases the exchange rate between physical money and a unit of production changes and we have what we call inflation.
By increasing the productivity of a nation, as we have experienced in the western world for the past several centuries, the amount of goods and services provided to all individuals can increase resulting in a higher standard of living and (therefore) greater wealth to everyone. You can observe this improved standard of living simply by noticing how many of the poorest members of our economy have obtained luxury goods and services beyond what the super rich could have been able to purchase a generation or two ago.
By punishing the successful, as is often argued by people who support wealth redistribution, you risk reducing the rate that productivity increases and therefore make everyone poorer over time.
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Ah this just reminds me of an article I heard about today.
http://www.ft.com/cms/s/0/c02f081e-3ba8-11e1-bb39-00144feabdc0.html#axzz1jMb0F3Tr
Which also ironically explains why if anything the Crisis in Greece, Italy and Portugal are related to trying to create income equality.
