Category Archives: money

When is money just favour?

cash

Money is currency with the additional simultaneous attributes of property.  Inherent value and therefore purchasing power beyond the lone trust of either set of attributes.  An insurance policy against corruption of either.  It likely came about from attempts at corruption from psychopathic forces.  Creating a dual trap of the conscience to block animalistic regression back to territory or favour.  Each element protecting the other.  Money was invented to make both property and currency resistant to corruption from short term thinkers.

As discussed property and currency are derived from the conscience.  This stems from our discussion of the behavioural differences between animals (and psychopaths) and conscionable human beings.  As a a result we can assert what property and currency can not be.

Property can not be a territory.  Currency can not be favour.  The primary difference between both is the internalized will of the conscionable human being to respect both ownership and accomplishment in the present and future without further work.  In the case of property and currency, if you add the work of defense back in the result is, territory and favour.

This is why debt based money is a fallacy.  It functions on the premise that any currency can be made into money simply by promising it in the future.   ‘Money’ is created by saying the property is the promise of future human labor.  Money can never be debt because it completely undermines a conscionable construct and replaces it with it’s psychopathic social structure.  Debt based money is based on the concept that human beings, or at least their labor can be property.  Unreasonable on it’s face.

A debt based money turns property into territory.  Currency into favour.  Property and currency, which long term risk weighs as beneficial to the whole, becomes more subject to the whims of nature and man.  They are no longer the pillars of investment and economy of scale, but a transient permission to persue them.  A favour.  In a way debt-money is psychopathic commentary on the conscience itself.  The lender with a short term jealousy based risk management borrows the wisdom of a holistic conscience long term risk management system in exchange for the only thing they can give, territory and favour.  ‘You may continue to produce widgets to pay off your business debt.  You may continue to maintain the banks house.  You thought you were so smart about risk.  I don’t care what happened, your labor is mine.  Pay me.’

Systemically the reason the self contradicting nature of debt as money is not detected earlier is the competition it inspires.  During the transition from property and currency to territory and favour society can benefit from the attributes of both cooperation and competition.  Guiding and applying each to a perpetually lessening degree.

Eventually cooperation fails.  The mechanism is simple.  Compound interest, once introduced, demands growing competition.  Investment itself becomes no longer wise and eventually no longer possible.  Currencies and property begin to evolve outside of the system.  The debt-money loses trust, and the economies of scale, which need some degree of systemic cooperation, collapse.

I know of the properties that couple well with currencies now, but can’t imagine what they will be in the future.  I do know they need little defense.  I know true currency forces no hierarchy, and fiat can never be money.  I know people, and their labor can never be property.  Money was imagined to resist reversion to an animalistic society.  The day we discover the perfect money, will be the day we no longer need it.

Edit 6/10/15: Added a link.

Nature is cruel, and it costs her.

Darwin

Nature is a series of random genetic accidents with winners and losers.  That is evolution.  The observed evidence is insurmountable.  I can not discount that evolution could be incorrect, but it is the most viable explanation at this time.  It stands out in a way that describes other views not as theory but as faith.

Faith as critical to the human condition.  Faith is how the conscious mind receives and considers messages from the subconscious one.  Those messages not only comprise your ability to integrate into civilization, but protect you as long term risk management.  Together rational, logical thought, and messages of faith from the conscience form reason.

Reason’s initial advantage to pure logic is speed.  We can quickly asses risks in ways we can not on a purely factual basis.  Logic is complex as the facts are many.  As computer simulation demonstrates, eventually too complex to calculate.  We have a flawed but mostly effective method to quickly get the same results.  The conscience is a probability engine.  It is characterized by cooperation, at a level I do not observe the effects of in nature.  Systems of cooperation emerge between species, but by the same random genetic events that characterize all of nature.

Here are some examples of cooperation I do not see elsewhere in nature.  For contrast I compare their closest analogy .  Not coincidentally the closest simulation of the conscionable behavior a psychopath can offer.  It is important to note these do not require intelligence, just subconscious awareness of risk based on experience, and the rational ability to acknowledge the warnings.  All conscionable elements extend beyond kin or pack structure.

Property – Identity of an place, item, or accomplishment belonging to a being or a group.  Honoured and understood as a provision of autonomy to a distant time.
Territory – Control of a place, item, or role by a being or group.  Enforced by violence.  Revoked by absence.

Freedom – A cooperative model of non interference.  The promise of non interference in exchange for a return of the same.
Treaty – A stalemate, a mutual temporary cessation of conflict to avoid over exertion.

Friendship – The expectation of continued freedom between parties despite periodic violation of it.
Alliance – A temporary teamwork towards and depending on a common goal.

Currency – A convenient object or idea representing and interchangeable with other property.  A promise of property. 
 Favour – A treaty, a yield of territory to display deference to hierarchy.

Investment – Dedication of time and calories into a being’s or a groups creative development.  Requires property and currency to realize return.
Assignment – Dedication of time and calories into another’s territory with the expectation of favour.

Civilization – An organization including property, freedom, friendship,  and currency.  Characterized by trust.  Allowing investment (farming, storage, trade), subsequently specialization, and it’s side effect economy of scale.
Pack –  An organization based on territory, treaty, alliance, and favour.  Structured by assignment of roles.  Transient.

Civilization may look intelligent, but it need not be.  The concepts are simple.  No more or less formulaic than pack structure.  Other animals may demonstrate fleeting glimpses of the aspects of civilization, but there is a cost in energy they are not interested in paying.  Why?  Because they can’t calculate the risk.  If they could, choice is clear.

In case you didn’t notice I included only the most simple tools.  There are  plenty of cases in nature where animals farm, store or even trade.  Many animals (not just primates) use tools.  The components are there, but the conscience is not.

There are animals that outstrip humans in vision, memory, hearing.  Not intelligence, but they can come very close.  Especially when considering our worst mean cases and their best.  That should be sufficient in isolation to create a civilization, but it doesn’t.  This is meaningful.  Intelligence may be important to a civilization, but is not the only component.

The definitions have a common attribute.  All of the conscionable cases have a future time component to them, while all of the pack ones only consider now.  I strongly suspect this is related to how the conscience works.  It seems the case that humans are alone in their ability to use emotional metadata, to dial groups of memories backward or forward in time without habit.  The very thing that makes us kind, makes us smart, as a group.  Humans can use how they feel to reference their entire memorable history for clues how to survive.  The very fortunate side effect of organizing by emotional memory for assessing risk, is the compassion needed to work in a group.  To build more than a pack, but a whole civilization.

We struggle with our role because it is a dualism.  We are psychopaths at the rational level.  In this way we are the children of nature, and our ability see future risk makes us it’s master as well.

Edit: Added investment.  Minor change to currency.

Edit 2: Changed ‘Invention’ to ‘creative development.’  Both words are needed for the right concept here.   Both work and invention, where the sum is greater than the parts.  Some spelling errors.  Included accomplishment or role as a property.

Time is not money

IN TIME

 

We have chosen to measure our economic success in our currency.  Our dollar denominates GDP growth, goods produced, jobs created, whatever.  But the currency is not the important thing here but rather the production.  The official position is we are satisfied with linear production growth, but we know production is non linear.  Also the currency is expanding, making the measurement smaller than it actually seems.  So rather than the natural state of exponential growth, the economy is shrinking, it’s obvious when you consider it is being measured with stretched out rubber dollars.  Even the equity markets are just another rubber money.  Distorting our perception of the goods and services produced and the level of positive effect that can have on quality of life.

That lack of production can mean many things, but the one thing that connects them all is trust.  People choose not to invent and produce because they see a large risk they will be stolen from.  That perception ebbs and flows, but in the big picture the trend is down.  It is inversely proportional to the number of psychopaths in our society.

So corruption and waste are eating away at our quality of life.  You are told things are normal, but you scramble from task to task to make ends meet.  Quality of life can best be measured in free time.  Time to make your own choices.  Being able to decide what to do with your time means investing (risking) your time in your own future.  This is where real invention comes from.  Invention is the only thing that matters in the long run, because it is where all production increases come from.  The less free time people have, the worse the economy is doing.

Do you have more free time or less than ten years ago?  Your family?  Your neighbors?  Make some time think about this, if you can.  Next time someone tells you a product or a law will save you money, ask yourself instead, will it save me time?  Time, like thoughts, are yours to give.