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Enoonmai 99.999999 of the population aren't so easily...

  1. 6,005 Posts.
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    Enoonmai 99.999999 of the population aren't so easily indoctrinated, conditioned or persuaded on what money really is. The figure is high but its certainly not pretty much 100% in your words thats for sure. We live in a age of many educational mediums that the population has access to.

    You didn't explain what money is. You partially defined the illusionary contemporary structure we currently live under.

    I asked what money is intrinsically. For anyone to understand that question they need to let go of their indoctrinated and distorted retail view of what they think money is. What is money, fundamentally?

    Majority of people grab onto stuff like a dollar note, a 20 cent coin. The Lesser population grab onto stuff like its legal tender by the government etc etc. The majority of the population come back with answers like that because the system has become so complex the actual money has become clouded and cloaked.

    Legal tender is a entity, as in this case the government, dictating that a unit of currency is worth something. You may very well be able to buy goods and services with it but doesn't necessarily mean the representative medium has anything tangible backing it. As in the case of fiat money the unit of currency is definitely backed by nothing.

    The intrinsic meaning of money is ENERGY. When we make an exchange whats in fact actually taking place is a cross flow of energies. So in natural fact anything that took any real type of effort to achieve, produce or manifest, is potentially money.

    The system evolved to a point of using a token instead of using a pig, a bail of hay or a gold nugget. Before the token system the pig, the bail of hay and the gold nugget was the money. Of course this type of trade is impractical, inflexible and inefficient. The token system then came about to minimize or eradicate these problems.

    The retail industry has tailored its transactional infrastructure to accept those tokens. Of course Woolworth's wouldn't accept anything other than a token because to do so would bring back the impracticality's, inflexibilities and inefficiencies.

    The big end of town ain't so discriminative. The Chinese exchange USD for gold. The Americans exchange oil for USD. The Japanese exchange USD for iron ore. The Indians exchange intellectual resources for USD. Gold, Oil, Iron Ore and intellectual resources is all money. Its all real money because it took energy to manifest or produce. They are all products that can and do get exchanged by parties to settle a trade. Thats what money does.

    So your "currency issued as legal tender by a government which acts as a medium or measure of value of goods" statement under a fiat system isn't really money. Its just paper money floating around backed by nothing. Its only "worth" is the government promising its worth something.

    Utah passed law early last year that recognizes gold as money. Its now a alternative to the dollar as legal tender. You can also pay your state taxes with it. So your wrong on that count as well!



 
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