Modern Money Madness
by Jeff Ganaposki
If you stop and think about it, thanks to fuel, technology and automation, we should all be fabulously prosperous, enjoying tremendous variety and quantity of surplus goods and services in the marketplace.
Yet we can observe the opposite – multitudes of people with unmet needs (potential customers) – people who want to work (surplus available labor) – closed factories (surplus productive capacity) – and economic decline.
What is preventing us from being productive, from trading that production, and enjoying that production?
Money madness and usury.
Money madness is evident when you ask the unemployed why they cannot get jobs. The usual succinct answer is, “No one has money with which to hire us.” The same is true when you ask a factory owner why his factory is idle. “No one has money to buy our production.”
Would the solution be as simple as giving everyone tremendous amounts of money tokens?
No. For if everyone was made into a billionaire, no one would bother to work, to produce or to trade… if they “believed” themselves to be wealthy under the current madness.
That’s the problem with money madness. People refuse to be productive, and to trade, unless they get their tokens. They are misled to seek the abstraction (money) instead of the reality (goods and services).
Wealth (money) is not prosperity. Prosperity is the production, trade, and enjoyment of surplus usable goods and services. Doing more with less so more can enjoy is the remedy to misery. Doing less with more so few can enjoy is the recipe for misery.
Usury is the fee, in money, for the use of money (or extension of credit). Usury is basically interest in any form. If the “gain” is denominated in money, it’s usury. If the “gain” is denominated in anything but money, it is not usury. Usury is not only proscribed by all religions, condemned for “only” 3500 years, and an abomination, it is also mathematically unsustainable in a finite money token system. Due to the exponential equation used for calculating compound interest, it requires an infinite money supply to operate over the long term. Even short term usury imposes default upon a proportion of debtors simply because enough money tokens never existed.
The net result of money madness and usury is a cyclical economic pattern of booms and busts. As each usury cycle ramps up production, speculation and usury drives up the outstanding debt, a breaking point is reached, the economy busts, and the system resets, with the poor victims dispossessed, and left on their own.
A recent attempt at easing this cycle has been though collectivism, a clever system of institutionalized slavery. Instead of full time involuntary servitude, it relies on part time involuntary servitude, enforced by government. This allows the predators to shear the sheeple and maintain order through the illusion that there is a “safety net” for those victims of the insane system. However, by penalizing the producers and rewarding the non-producers, the social structure has inverted so that the recipient class outvotes the donor class, which is also shrinking. A snake eating its own tail comes to mind.
The net result is a total breakdown in the system, followed by a protracted period of chaos, as the various factors try to maneuver themselves into the most favorable positions to gain wealth and power. Until usury is banned, collectivism eradicated, and money madness cured, humanity is not going to enjoy the prosperity it has the potential to achieve.