by Jeff Ganaposki

How do you tell someone, in a kind way, that they’re suffering from a terminal disease? Do you gently approach the topic? Inquire about their health? Emphasize certain symptoms as evidence? And when the news is delivered, what more can you do? If they lash out in anger, do you hold it against them? Of course not. In time, they either accept the news or deny it. And depending on their reaction, make decisions for their future.

Now, how do I tell a civilization that it is insane – but in a kind way?

Perhaps I will start with language and make sure we are using the same terms and meanings.

INSANITY – extreme foolishness or irrationality.
FOOLISHNESS – lack of good sense or judgment; stupidity.
IRRATIONALITY – not logical or reasonable.
STUPID – lacking intelligence or common sense; dazed and unable to think clearly.

What is not logical or reasonable about civilization at this time? What is going on that shows a lack of common sense or intelligence? What symptoms expose the lack of good judgment?

❏    Institutionalized slavery – compulsory charity – taking the labor and property from one to give to another, as determined by government or its delegate. (Collectivism, socialism)
❏    Money madness – the belief that a money token “holds value” independent of the marketplace of goods and services.

Though it is far easier to expose the fallacies of penalizing the productive for the benefit of the non-productive and giving political power to a recipient class, institutionalized slavery of collectivism is one of the poor attempts at dealing with the consequences of money madness.

Money madness

Most people are not born money mad. It is an acquired affliction, based on indoctrination and programming. Children are slowly trained to assign a special value to coins and paper money, because such things can be traded for whatever one desires. In time, the lesson sinks in, and the youngster begins to evaluate his world in reference to money, or lack thereof.

To appear rational, this madness is based on acceptable explanations. Money is a medium of exchange that facilitates trade beyond barter. Money “holds value” for a future trade. Money is an accounting tool. Money is a reference value that other items can be pegged to. Money can be invested and interest earned. There is even a science of Economics that tries to come up with ever new ways to prove madness is really sanity.

What is insane about money?

There are two aspects of money or madness that are not hard to prove. One, is based on law, the other is based on mathematics. In America’s case, the law says that only silver and gold coin are tender in payment of debt. Based on the 147.4 million ounces of gold allegedly held in Fort Knox Depository, coining that bullion would result in 2.9 billion dollars. Divided among 317 million Americans, that is $9.15.
2011 Silver production in the USA = 36 Moz.
In terms of lawful coinage, that computes to 46.7 million dollars… or $0.15 per American (roughly).

Under lawful money rules, the per capita share of bullion computes to $9.30.

Of course, this makes no sense. The national debt is over 17 trillion dollars. There are far more “dollar bills” in circulation.

Ah, but “dollar bills” are not dollars. They are promissory notes. See: Title 12 USC Sec. 411. They are IOUs, denominated in dollars. But they were repudiated in 1933, and thus have been worthless – except as “legal tender.” (Hold on to your seats, folks, it is getting craz-zee around here)
An obligated party on a note must accept their own note in lieu of lawful money. Pursuant to 12 USC Sec. 411, the U.S. government is an obligated party and must accept their own notes.
So how did the rest of us become obligated parties on the debt?
In America’s case, it is the Federal Insurance CONTRIBUTIONS Act (1935). Each enumerated “human resource” is a surety on the debt.

CONTRIBUTION – … The share of a loss payable by an insurer when contracts with two or more insurers cover the same loss… The sharing of loss or payment among several…
— Black’s Law Dictionary, Sixth Ed., p. 328

Though most Americans were misled to presume FICA was insurance for them, the courts and the law say otherwise. In two important cases, Helvering v. Davis and Flemming v. Nestor, the U.S. Supreme Court ruled that Social Security taxes are simply taxes and convey no property or contractual rights to Social Security benefits. Benefits are at the sole discretion of Congress. And no law compels participation nor punishes non-participants in FICA. It is entirely voluntary and thus constitutional.

In essence, American socialism is an attempt at dealing with two aspects of money madness – the repercussions of increased productivity reducing the workforce – and usury, the abomination. But before I go into those aspects, lets recap the money madness due to law.

Pursuant to law, real money is limited to gold and silver coin. And that scarce commodity computes to roughly $9.30 per capita (2.9 billion dollars). And since “dollar bills” are debt instruments, the total sum cannot exceed the outstanding public debt (over 17 trillion dollars, Dec. 2013).

We have known two limits : 2.9 billion dollars, and 17 trillion dollar bills (IOUs).

So how can one assign a value in excess of those limits?
Lists gross domestic assets at 156 trillion dollars (bills).
Total assets of the USA estimated at 188 trillion “dollar bills”.

How can you trade those assets with “only” 17 trillion “dollar bills”? Or with 2.9 billion dollars?

Buying and selling “only” chunks no more than 17 trillion?
Oh, can’t do that – there’s only about 2.6 T in circulation (Federal Reserve M1, Nov. 2013).

The money does not exist

Even the promise of space colonization and exploitation is skewed by money madness. This site shows over 600,000 asteroids listed with “economic value” denominated in trillions and quadrillions of “dollars.”

What if an entrepreneur walked into the biggest bank in the world, and said, “I would like to borrow 100 trillion dollars to be used to mine asteroids whose net worth is 40 quadrillion dollars, and gladly pay you ten percent interest per year…”

Can’t do it. The money does not exist. Regardless of the mineral worth or other valuables involved, there is never enough money under “money madness.”

This is also the problem with usury, the abomination. Usury is mathematically unsustainable in a finite money token system due to the exponential equation used for compound interest. Over the long term, one needs an infinite money supply. That is not possible, thus a portion of debtors must default because enough money never existed to pay all outstanding usury (principal and interest). In short, usury was and is a scam to rob people, which explains why it was denounced for “only” 3500 years and proscribed by every religion that I checked.

Usurers rely on the fact that the money does not exist, to generate demand for their credit, offered at interest.

You and I are entrapped in an economic system based on insanity. It throttles trade via scarce money tokens, empowers parasites to skim prodigious wealth in goods and services for doing nothing of value, and creates pain and suffering by its very operation. If you examine past civilizations and their collapse, you may see the tell tale symptoms of money madness.

The madness of money keeps people from achieving prosperity, because wealth is not prosperity. Prosperity is the production, trade, and enjoyment of surplus usable goods and services. The sum total of all goods and services is dependent upon population (growing, too!), labor multiplication by tooling, and technological advances. There is no way that any finite money token can be used to “hold value” for such a dynamic system.

That’s why there is unemployment, closed factories, and unmet needs. Money madness is at work.

Sadly, creating infinite money is no solution, either.

If money really cured poverty, let us give everyone 22 billion billion quatloos, making them “Set for life,” with more than they can ever spend. What happens if no one bothers to go to work, labor, manufacture, transport, and trade? Civilization collapses.

We are a money-mad people, wholly ignorant of our madness. We are so indoctrinated, that we cannot perceive that the abstraction of money clouds our reason about the reality of prosperity.

Another example of madness

Consider that when a productive enterprise boosts efficiency and needs less labor to produce, that should be a “good thing.” But when it results in a reduction in the workforce, laborers are pushed out of the workforce and the means to acquire money tokens. Unless new jobs are available, their only option is charity or predation. Not good. Expand that across a whole economic system, and not only are you hurting productive laborers, you shrink the customer pool, who now lack the funds to buy the more efficiently made product. Not good x 2.

There are currently three ways to acquire money tokens – trade, charity, and predation. When money madness closes off trade (i.e., jobs), all that remains is charity (socialism) and predation (crime, etc). We don’t want more crime, and we certainly can’t afford socialism, so what can we do?

Let us consider prosperity or the lack thereof.

As stated before, Prosperity is the production, trade and enjoyment of surplus usable goods and services.

Next – what is preventing those who wish to work, and those who are in need of goods and services, from connecting and trading?

In other words, we have unmet demand, surplus labor and productive facilities, so what’s really stopping folks ?

Don’t ask economists, they’re clueless. Worse, they’re barking mad. (Economists use a variable as their unit of measure, and apologize for usury, a mathematically unsustainable scam.)

What prevents the Amish from helping a newly wed couple get started, by building them a house and barn? What prevents parents from caring for their children? Not enough “living wage”? Not enough socialism? Are you getting the hint?

SANITY is the opposite of MONEY MADNESS

“You have to decide whether you want to make money or to make sense because the two are mutually exclusive.”
– – – R. Buckminster “Bucky” Fuller;  Critical Path, p. 255

Most money mad people presume that the lack of money is the reason why customers can’t buy, employers can’t hire, business can’t expand, prosperity cannot be restored. That’s not half wrong, but it is not half right, either.

What is stopping people from generating prosperity is a common agreement for an ALTERNATIVE medium of exchange, and an ALTERNATIVE method of accounting, that tracks with the marketplace of available goods and services. In other words, as the pool of available labor grows, so must the means to buy / trade that labor, and its production of goods and services.

Current money systems all rely on making money finite and scarce. Precious metal coin is the worst. But such systems enrich the usurers who lend at usury or extend credit at usury (interest). Since compound interest requires an infinite money supply (due to the exponential equation), usury is mathematically unsustainable in such money token systems. Which partially explains the booms and busts that we cycle through. There is never enough money, nor can it grow in proportion to the increase in population, nor with the multiplication of output by machinery and automation. Money throttles prosperity, despite its reason for existence is to facilitate trade. That’s why hoarding money is also counterproductive. Money that is not facilitating trade is useless.

So what is the alternative?

PRODUCERS (laborers, businessmen, industrialists) must have the power to create the medium of exchange needed to BUY that which they produce. The more they produce, the more alternative monies they can emit.
❏   A farmer can emit private promissory notes (i.e. coupons) denominated in his harvest, and use those notes in trade. When harvest time comes, he redeems his notes with his harvest.
❏   A restauranteur can emit notes to finance his operation, buying labor and supplies, and redeem his notes with the finished product – meals.
❏   An unemployed laborer can emit notes denominated in hours of labor, and use them to buy his necessities. The laborer redeems his notes with his labor, when tendered to him. Prospective employers do not need to advertise, nor do prospective laborers need to seek work. There is no need for socialist charity in such a system.

It is stipulated that such private money systems may only function in small communities where the folks know which people are creditworthy and which are not. However, it is also true that many small communities suffer from lack of money and would benefit the most from the unleashed prosperity of an alternative means to account for trades and transactions.

Unfortunately, most money mad people do not trust others, nor would be open to forming alternative mercantile exchanges. It is not surprising that tight knit communities, such as the Amish, would operate outside of money madness. But that should not be a barrier to forming such exchanges – especially under these trying circumstances of hyperinflation and money drought.

Are there downsides?
Those, whose wealth and power are dependent upon money madness and usury would be at risk. Imagine what the worth of billions and billions of worthless IOUs (“dollar bills”) are once productive people can generate as much alternative money as they need to trade?

The whole basis for speculation and investment evaporates.

To illustrate : A coupon / note denominated in a meal cannot be inflated, deflated, corrupted, speculated or otherwise manipulated. You cannot “invest” it to get more meals back. It provides an equitable trade in accord and satisfaction between the producer and the customer. No skim, overhead, nor dues involved. The more people can produce, the more notes they can emit, the more goods and services they can enjoy.

Prosperity beckons.
But only if we leave the money mad asylum.

Surf’s Up!

It is 2117, November 22. I am finally back from my short excursion. I had been invited to attend a conclave upon a newly christened space habitat. It was an opportunity to experience gravity surfing first hand.

The vessel was parked at an orbit at L4, while various supply ships accumulated. When enough supplies were mounted, the vessel was deemed ready for human occupation. Over the course of three months, crew shuttles were catapulted to rendezvous with the space colony to be. Final installation of bio mass was certified and the ceremonies of initiation were completed.

I volunteered to help with the set up of the biological restoration facilities. The bulk of the non-human lifeforms was transshipped as embryos, seedlings, and swatches of DNA. It was grunt labor for the most part, so I wasn’t required to be an adept. I followed directions, set up the mass reproducer and properly stored the lifeforms so that the bio data base could easily find everything.

The mothership has a charter crew of about 2 million, with an expansion factor of 16, enough for about 200 years at standard doubling rate. The charter subscribers will be very busy, setting up all the varied habitats, and environments for humans, agriculture, and wildlife. In addition to the human labor, the fabricators and robot machines will also be engaged, building expansion volume (aka another vessel) as well as a stock of spare parts. Though it is easy to computer generate a part, in times of emergency, it’s nice to not have to wait. And when a hull gets punctured, and engineering compromised, there is no time to waste.

When I was finished, I stayed aboard when the vessel began to slide down the gravity well to a new orbit. Yes, I knew that such an orbit would take me away from Earth for decades, but there was another vessel within shuttling distance, that was going to intersect Earth space. I hitched a ride back home, in less than two weeks.

It was a fun trip, and coming out of orbit in the vacuum tube of the East Pole was exhilarating. The mag-lev braking was a simple matter, and by coming down in a near vacuum eliminated the problem of atmospheric heating from friction.

Glad to be back home.

EEK-o-Nomics Core

Money, that medium of exchange we need to buy our necessities, is acquired by trade [labor, production], gift [charity], and theft [predation]. The most beneficial means to acquire money is by trading our labor and production for it. But we’re now suffering an economic recession, and many are unemployed or underemployed. Yet corporations and plutocrats are getting richer.

Instead of blaming the rich for getting richer, let us realize that “the system” is totally warped by several flawed concepts :

__ Money Madness

__ Usury

__ Inflation / debasement

__ Socialism

__ Money creation

__ Crime / predation

[] Money madness is the belief that money tokens must have intrinsic value, such as precious metal coin. The function of any money token (or medium of exchange) is to facilitate TRADE. It does this by carrying value forward in time, to the next transaction. The problem is that if there is a finite sum of tokens, with an intrinsic value that is static, trade is throttled. It’s like trying to play “Monopoly” with insufficient funds in the “Bank.” The “game” breaks down. Scarcity drives up demand for money and credit, forcing business and labor to endlessly fight for more.

[] Usury is charging a fee, in money (interest), for the loan of money (or extension of credit). Not only is it an abomination, denounced for 3500 years, and proscribed by all religions (that I checked), it’s mathematically unsustainable in a finite money token system. Due to the exponential equation for compound interest, usury requires an infinite money token supply. Since that is impossible, it generally triggers defaults as a proportion of debtors cannot pay due to the shortage of money tokens. And confiscation of collateral is legalized theft, and should never have been tolerated.

[] Due to usury and scarcity, there is constant pressure to increase the money token supply by any means. With coins, it involves debasing metal content, counterfeiting or other means to increase supply – which triggers inflation as well as discord. With paper currency, it involves inequitable increase in supply, which devalues it. This may be beneficial for debtors paying creditors with “cheaper” money, but it is inequitable nonetheless. Civilizations have suffered and collapsed, once their money systems were corrupted into non-functionality.

[] Socialism is the purported solution to the economic situation where increases in productivity reduce the labor needed, forcing laborers out of the market, and eliminating their source of money tokens. The mechanism is to use government to take from the remaining producers, and give charity to the non-producers. This invariably is counterproductive, as well as ineffective in dealing with the underlying problem. Worse, it encourages non-producing recipients to support increased government taking from the productive donors, which is unjust. Socialism is government sponsored theft and slavery – compulsory labor for the benefit of another, and expropriation of property for the benefit of another. It completely violates the ideals that are the foundation of good government – the securing of property rights of the people.

[] Money creation is a problem when the money is under the control of non-productive parasites like usurers (bankers) and government, democratic, or any other form. Human nature results in the manipulation of the supply to favor the parasites and plunder the productive. An example of the worst possible system, is the Federal Reserve, where the money tokens are borrowed, at usury, into existence. Thus guaranteeing that there would be demand for ever greater debt, necessary to authorize more money tokens to pay the outstanding usury. Such a system is horribly corrupt.

[] Crime and predation thrive because government has become a criminal enterprise, protecting usurers (abominations), as well as by piratical socialism. And legitimate trade for tokens is throttled by the insane system, too. It is self evident that institutions corrupted by usury (corporations, finance), socialism (government), and money madness (electorate) are tearing civilization apart, in the desperate attempt to find a solution to survive, day to day.

The SOLUTION to economic abuse is to realize that we have to leave “their system” behind. You cannot “reform” insanity, nor expect the defenders of lunacy to suddenly admit their error and change.


__ Prosperity is based on the production, trade and enjoyment of surplus usable goods and services.

__ Outside of barter, there needs to be some means to hold value until a future transaction, for equitable trade.

__ And only producers should have the power to create the medium of exchange to purchase their production, and no one else.


★    When the productive laborers and industries issue private promissory notes, coupons, or even accounting entries that others can use to “buy” their production, the ability to trade is no longer throttled by scarce, finite money tokens (money madness).

★    Instead of borrowing at usury to capitalize enterprise, let the entrepreneur issue promissory notes redeemable in the future, denominated in that which he will produce or perform.

★    Instead of charity to unemployed labor, let him issue promissory notes, denominated in labor, redeemable in the future, with which he can purchase his needs.

★    The marketplace can thus efficiently facilitate equitable trade of all labor and production.

★    Prospective employers can simply trade for labor notes to staff up their operations. Prospective customers can redeem notes for goods and services, eliminating the need for advertising and marketing.

★    Without usury and its corruption, business is relieved of the pressure to acquire greater market share and higher sales necessary to pay creditors and investors.

★    Without socialism, government can return to securing rights instead of preying upon the people.

Unlimited prosperity can be unleashed once productive people and industries are liberated from the chains of money madness, usury and predation. We can have a future where doing more with less so more can enjoy is the rule, not the exception. And with that ever greater production and output, mankind can banish suffering from want of necessities. For generosity first depends on prodigious surplus, and that can only happen when production is no longer constrained, nor producers penalized.


Break Down EEK onomics

Break Down EEK onomics

by Jeff Ganaposki

If one was told “the answer,” most folks would argue endlessly. But if one examines the situation, piece by piece, the answer is self generating.

❏    Goal : Survival
❏    Mode : harmless actions (law of love) – good
❏    Mode : harmful actions (law of the jungle) – evil
❏    Mode : Build Prosperity – the production, trade, and enjoyment of surplus usable goods and services.

❏    Task #1 : Acquire necessities for life – shelter, clothing, water, clean air, good food, etc.
❏    Process : Find, or manufacture one’s necessities
❏    Process : Trade with others
❏    Process : Gift (charity)
❏    Process : Predation (take from another)

❏    Task #2 : Trade
❏    Process : Barter (exchange of items of equitable value)
❏    Process : Exchange – where one receives desired item immediately, while the other receives a token of value to be used for a future trade (i.e., medium of exchange, money, note)

❏    Task #3 : Medium of exchange, acquisition
❏    Process : Trade one’s labor and its output (as hired laborer, or via business, partnership, etc)
❏    Process : Trade one’s property
❏    Process : Acquire medium of exchange by conquest, predation, gambling, theft, fraud and / or usury
❏    Process : Gift (charity)

1. As technology advances, less labor is required, and that reduces demand for labor, which reduces access to the medium of exchange.
2. Those who own or control the means of production, accumulate more and more wealth.
3. The remedy of compulsory charity (socialism, etc), penalizes the productive for the benefit of the non-productive.
4. The finite supply of money tokens can never keep proportionality with the ever changing marketplace of goods and services. Since the money tokens are the limiting factor, constrained by demands of usury, the marketplace convulses with booms and busts.
5. Government imposed barriers, restrictions, fees, taxes, import duties, and such, impair the production, trade and enjoyment, and thus impedes prosperity (while enriching those who manipulate the political system for private gain).
6. The lack of harmless means to acquire money, coupled with the rise in predation, has driven an increase in criminal activity. This, in turn, has generated a rise in the number of hired protectors, and other security measures (which are another dead weight on civilization).
7. The rise in recipients of charity, and the drop in producers, has throttled the generation of surplus usable goods and services.

Despite unmet needs, unemployed or underemployed labor, and unused production facilities (closed factories, businesses, etc), there is apparently no solution under the current paradigm.

As long as harmless actions to generate prosperity are impeded, prosperity will be equally hard to achieve.

What can we do to remove all impediments to prosperity?

What can we do to facilitate the production and trade of surplus?

What is stopping the productive people from working and producing?

Under current rules, it’s usually presumed to be money. The potential customers have no money to buy. The potential producers have no customers to pay them. In turn, they cannot hire labor nor buy materials, which would fuel trade and get the marketplace active.

Credit (usury) is no solution, either. Usury requires an infinite money supply, due to the exponential equation for compound interest. Bad.

However, giving money to everyone is no solution. To illustrate, imagine what would happen if tomorrow, everyone awoke to the knowledge that they had a balance of 22 billion billion quatloos – a sum of money that would make them “set for life.” If everyone decided they didn’t need to work anymore, civilization would collapse. That is “money madness” at work.

Remember, prosperity is based on production, not money. Money is useless if the marketplace is barren. Money madness is an acquired belief, based on pervasive propaganda and indoctrination. The masters of money madness and usury have been actively tricking humanity for thousands of years, skimming a portion of their labor and wealth. They are predators, not “capitalists.” And they need the willing cooperation of their victims to thrive.


The question is : How can potential producers “sell” their labor and output in a system where the money tokens are corrupted by scarcity, government and usury?
Answer : Producers must make the “money” used to “buy” their labor / output.

In other words, the labor / output must be equitably matched with the medium of exchange to facilitate equitable trade.


By whatever means is acceptable to the community and its marketplace. Private promissory notes. Private paper currency. Computer database. Credit bank. Handshake and agreement.

The basic idea is that whatever is used, must be capable of maintaining proportionality with the marketplace. In other words, the more labor is available, the more “notes” to hire that labor must be emitted and traded. The more products are available, the more “notes” to buy that production must be in circulation.


A prospective entrepreneur trades his promissory notes denominated in his output, for his needed labor and materials. For example, if he is a restauranteur, he could emit notes denominated in meals. Once he opens for business, he discharges his notes with the output – meals. Since all his costs were paid with his notes, once he discharges all his notes, anything he earns after that is pure profit. And we hope that he multiplies the value of the raw materials and labor to create “more value.”

This also insures that any businessman has ready customers who hold his notes. No extra expense for advertising. No need to “fight for market share.”

Laborers who trade their notes for groceries, rent, or whatever, also benefit from the system. No need to ask for charity. And prospective employers don’t need to advertise for workers. All they have to do is acquire notes from laborers, and tender them.

It is understood that satisfaction in discharging the notes is paramount. So business and labor will be striving to do the best or have the best quality. There is no benefit to cheating the customer / employer. It will reflect badly on any future emissions of private notes. Which means virtue is more than its own reward. And the “richest” folks will be those who are most “creditworthy,” productive and creative.

This system can exist in parallel with the old fashioned “hard money” system. In fact, “hard money” may be useful for trade OUTSIDE of the community. Private mediums of exchange are dependent upon the trust in the issuer. A coupon for a “free burger” from a large chain is presumed negotiable in any particular restaurant. But a coupon for a “free burger” from Little Millie’s Munch House won’t trade far from that locale.

Ideally, such a system shifts the emphasis from “making money,” to building prosperity. As more and more shift to productive activities, and less are lured into predatory or parasitic activity, the whole society benefits. Even those who are in need, benefit. As more and more surplus is available, there is plenty for voluntary charity.

Restating: The Answer is for the government to get out of the way, cease meddling in the marketplace, and unleash prosperity. The Answer is for productive people and industries to issue their own medium of exchange for potential customers to acquire in trade. The Answer is for people to seek to be productive, and equitably trade their output, so that more can enjoy the surplus goods and services. For doing more with less so more can enjoy builds happiness. Whereas, doing less with more so few can enjoy brings misery.

Humani Ascendant

Humani Ascendant

by Jeff Ganaposki


I could tell you of a wondrous future, where pain and suffering is minute in comparison to your present situation. And that your children’s children will live in a better world, a more prosperous world. But you would not believe me. Few bother to verify the future ‘casts anymore. The Perpetual Tranquility Broadcasting System is infallible, right? We don’t call them the “Powers That Be,” for nothing, right?

Living in the Ecological Paradise of Earth 128 is hard to explain. A planet, whose civilizations have shed the deadly parasitism of its most tenacious predators, is not easy to explain to those entrapped in the “old ways.”

Let me expand further. It is the year 128, or the 128th year after the Ascension of the Humani. The Humani was the term adopted by those who broke with the past, and instituted the New Marketplace. The Newmies, as they were dubbed by the slicksters and slime throwing segment, had embraced a startling philosophy. They deemed that they would no longer accept the indoctrination of money madness, nor tolerate usury or other scams to incrementally rob, cheat or otherwise injure another. They sought equitable trade for that which they produced, labored, or moved, and treated others with respect.

Under the New Marketplace, if an entrepreneur wished to “capitalize” a new endeavor, he merely issued a portfolio of private promissory notes, denominated in that which the enterprise could produce or perform, to be used to trade (purchase) for labor and materials. It was usually preceded by a public notice of the issuance, with the credentials and resumes of any particularly skilled individuals attached to the project, and the estimated discharge date for all notes. Some projects could begin discharging notes after only a short interval of time. Other projects predicted decades before extinguishing the notes. In any event, those promissory notes entered into the marketplace, as a vessel of future value, to facilitate trade until they were tendered and extinguished, in accord and satisfaction.

This had a profound effect on the nature of business and trade. Under the old money maddened and usury plagued rules, any enterprise spent into circulation a sum of money tokens to purchase labor and materials, which were then used to generate goods and services. The selling price had to be high enough to recover all costs (and taxes) -and- a profit margin, which was necessary to pay the usury embedded in the system. But since the money token supply was finite, and insufficient, and the usury required ever more tokens to be created, the marketplace was more like a battlefield, as competitors fought for market share and increased revenues with which to placate investors and creditors.

Due to contrary forces of government taxation and bureaucracy, protected usury, and a scarce money token system, the culture was skewed into “making money” (acquiring excess money tokens) but not necessarily making prosperity. In fact, it would appear that most were unaware of the concept.

Prosperity is the result of production, trade and enjoyment of surplus usable goods and services. Doing more with less so more can enjoy advances happiness. Doing less with more so few can enjoy produces misery. This is common knowledge, today, but not in the past.

As the “Newmies” grew in prosperity and in size, there were conflicts with the guardians of the “old Way.” But as with all obsolete and unproductive predations, they were no longer tolerated nor subsidized.

What then resulted from unleashing the productive capacity of over seven billions of people, was a fundamental transformation of civilization, local, regional, and national. No longer were people fighting over the finite resources of the planet. With clear and logical discussion of each problem, rational solutions were proffered and a consensus reached.

Though the planet had a finite surface area, it was realized that life existed in a volume. Thickening the life bearing volume of the planet eliminated the conflict between wildlife habitat versus human habitat and its adjunct, agricultural habitat. The Humani, with ever greater surpluses and resources of creative and industrious people, set about making their world anew.

Industrial sites were transformed into art, or relocated into areas that would not be indelibly scarred by their requirements, effluent and detritus. Some were moved underground, into mountains, onto floating islands, or within submerged complexes, whichever made the most sense. Cost was no object, because there was no money involved. Those who saw the benefits pledged their surpluses and made it happened thus.

You must realize the immensity of overhead that predation causes in civilization to comprehend the unleashing of potential of the Humani. Assume that the nonproductive “rich” – those who “skim” enough from the productive masses – are a mere 1% of society. They are also targeted by predators, which we will grant is ten times their number, or 10%. To defend against those predators, the “rich” hire protection – private security – personal guards – and pay bribes to government for “special” treatment. This adds at least 2 to 3% of people doing labor that is not generating useful goods and services (Protection from predation is a terrible waste of resources).

Recalculating, we have 4% doing non-useful activities to maintain their parasitic predatory status, with another 10% preying on them and others, for a total of 14%. But the biggest brake on civilization is the privileged recipient class and its attendant bureaucracy. This accounts for upwards of 40% or more of the useless activity – administration and overhead costs, too.

Subsidized nonproductivity is a strange result of the disconnect between the means to acquire money tokens (labor and usury), and the necessity to have the money tokens to trade for one’s necessities.

With mass production, technology, and automation incrementally reducing the amount of labor embodied in goods and services, “the system” keeps shedding jobs, while still generating sufficient goods and services. This has a negative feedback effect. In essence, while the embodied cost in labor keeps dropping, the dwindling number of laborers means many more cannot purchase that which they need. Since money madness rules the day, the purported solution to poverty is “give the poor some money.” And since money is scarce, it is taken, by government, from the productive and given to the non-productive, pitiful or not.

The repercussions of creating a class of recipients is that once they reach a majority or even a substantial bloc, they will influence the government officials to “Tax others and bribe them.” The net result is a society plagued by a government that penalizes the productive for the benefit of the non-productive. Such a civilization cannot long sustain and collapses into poverty. Which is ironic, since money madness is partly to blame for poverty.

Of course, poverty is not caused by lack of money. If that was true, poverty could be eliminated by granting everyone a bank balance of a billion billion quatloos – a substantial sum. Unfortunately, once everyone believes that they are “set for life,” with all the money tokens that they can ever spend, they cease to do those productive activities that generate the goods and services bought with those money tokens. In short, civilization collapses.

We realize that “seeking wealth,” is an illusion, and we no longer embrace such foolishness. Real prosperity and happiness is dependent upon the productive and creative people, who generate the useful goods and services we all enjoy.

Money is not prosperity. Nor does money make prosperity. Prosperity is not dependent upon the intrinsic value of the money token or whatever is used to carry value forward to a future transaction. The reality is that in all non-barter transactions (where the equitable exchange is completed for all parties), one party to the trade has what he wants NOW and the other party has a promise that he can tender LATER at a future transaction for that which he wants THEN. The only barrier to the acceptance of alternatives to government authorized money tokens is the TRUST in the issuing party. Those who build a reputation for honoring their notes are “Noteworthy.” Their word and their promises are ironclad, unbreakable, and dependable. Such individuals are the pillars of their community. Their word is their bond, and they are truly the “richest” men in town.

Large scale industries that have developed a reputation for excellence and dependability also benefit in the sense that they can “capitalize” their production with their promissory notes, and avoid the losses caused by usurers and other skims. Instead of paying dividends, denominated in money tokens, they issue private promissory notes denominated in that which they manufacture or can perform. The net result is zero pressure for increased market share and no destructive competition. The more you can produce, the more notes you can issue for customers to trade for your production.

Another benefit of private promissory notes – each holder of a note becomes a potential customer for the issuer. Businesses do not have to “fight” nor advertise for new customers, as their own notes create a ready pool of customers. And after redeeming all notes, any further transactions are pure profit (surplus), since the capitalization cost was embodied in the notes extinguished. And frankly, any enterprise should multiply the value of the embodied labor and materials into that which is of greater value or greater utility. Otherwise, why bother?

With intolerance of predators, and the end of their rule, Earth has changed. The net result of this transformation is a civilization that can fully utilize its varied skills and capacities. With each “labor saving” advance, more are free to do “other things.” As more and more people are “doing other things,” and creating the “money” with which to trade for them, the marketplace of goods and services is overflowing with the necessities and the luxuries once thought impossible or rationed to the favored few. No longer are people forced to compromise and budget their paltry sums of money tokens. No longer can producers generate junk and foist it on the public. Excellence is now the new standard. Quality is the new watchword. For if one will not produce to the best of his ability, the customer can and will go elsewhere, and the word swiftly spreads.

Among those “other things,” individuals, groups, and nations have embarked on ambitious projects that have improved the human condition and bestowed a better future for our children’s children.

To name but a few:

[] Globe spanning vacuum tube maglev transportation system. Hypersonic travel (4000 to 5000 mph), at minimal cost, linking the people of the world and their prodigious production.

[] Habitat multiplication. Subterranean cities. Intermountain enclaves. Terraced and contoured mountainsides. Floating cities along coasts. Submerged habitats and industrial parks. Hemipyrs. Multiformed architecture with engineered wildlife habitat. Dual Ring villages and cities.

[] Engineered waterways. Flood prevention. Transportation. Habitat multiplication. Expanded agricultural habitat. Entertainment. Engineered ecological reserves and parks.

[] Side effect of “thickened” life bearing volume has boosted the knowledge of augmented biological environments. This has been successfully applied to gigantic self sufficient orbiting space colonies. (Technically speaking, they are “surplus generating” space colonies, but that they can self support without resupply for upwards of 200 years is the important feature. And since they are dependent upon the Interplanetary Transport Network, “speedy delivery” is impractical.)

[] Orbiting space colonies. Habitats, vessels and hulls, created by robotic miners and fabricators, mined from asteroids, filled with resources collected from moons and comets, launched across the solar system, have been harvested by men, stocked and crewed, and now fill the heavens. At night, the twinkling of immense multitudes of vessels makes for a “Firefly sky.”

To the Humani life is the gift of pure being. Life is its own answer to the question : What is the meaning of life. Accept and embrace life and enjoy it, day by day. Live as well as possible and work toward perfection in all things. Expect nothing more from life nor make demands upon it or others. Destroy nothing without a purpose to build something better. Humble no one. Look for fault in no one. Leave unsullied and untouched all that is beautiful, if possible, make it even better. We all know what is needed to be done, when we all consider the impact upon the seventh generation to come … even if it requires having skin as thick as the bark of a pine – as the Iroquois once said.

Debatable Money

It is 2117 AD, June 14. I am excited about the debate. The topic is about the quaint idea of anonymous money and if it should be brought back into widespread use.

The proponents argue that with scarce, precious metal coin money, there is a huge demand for it, that spurs enterprise. They dismiss the current private money token system as uninspiring and decadent. They cite the slowdown in engineering and innovation. They also argue that the scarcity of money is offset by the velocity of transactions.

Of course the opponents have generations of experience and examples to shoot down those arguments. In our private money token system, only productive people and businesses have the power to create the medium of exchange with which to trade for their output. In other words, there is always a proportional balance between the marketplace of goods and services, and the abstract tokens used to purchase them. As more laborers and producers enter the marketplace, so do the monies needed to buy them. Likewise, if the marketplace contracts, so does the supply of money tokens (i.e., private promissory notes, coupons, database entries, etc.) In a coin money system, the volume of money exists independent of the whole set of goods and services.  This greatly impairs the ability of new laborers and enterprises to trade. Worse, the scarcity of money tokens tampers with equitable trade, forcing some to lose for no other reason than that the money is not available to facilitate trade.

There is a rumor that the proponents will raise the ugly word : usury, as another “benefit.” Few, in polite society, would dare express that in public, let alone argue for its acceptance. Anyone who can do exponential math knows that usury is unsustainable in a finite money token system. It requires an infinite supply of money to function over any long term. The past economic “booms” and “busts” were symptoms of that pernicious practice. The proponents argue that if the interest was denominated in private money, it would be fine. Of course, that isn’t really usury, but it is still suspect in the minds of most people. No sane person would now embrace the notion that it was acceptable to charge a fee, in money, for the use of money.

Without usury, there are no bankers engaged in selling “credit” for profit, and no pressure to acquire money tokens at all cost. Businesses no longer operated as if in a war for market share. Cooperation was superior to confrontation and competition. There was no pressure to find creditors or investors to back new ventures and enterprises. Frankly, it has fueled great prosperity – the production, trade and enjoyment of surplus usable goods and services.

Historians have noted, that with the eradication of anonymous money, the criminal and predatory elements no longer could operate. How can you sell stolen property when you lack the private note that establishes your ownership? Or how can you mug someone for their pocket money, when those unissued notes and product coupons can’t be used to buy illicit substances or fund criminal activities? There is no need to “launder money” if there is no money to launder.

And without “money madness” to spur people to “make money” instead of be prodigious producers, there are no “get rich quick” scams, schemes, or predatory practices. Everyone knows that money or wealth, by itself, is worthless, if there is nothing to buy or trade with it.

The simple fact that if everyone was issued a billion billion money credits, more than they could ever spend, civilization would collapse. Who would do the work, produce, transport and provide the goods and services ? Everyone would be “set for life” – and promptly die in the chaos that follows.

People are not that stupid anymore. They know that the real treasure is found in the creative, productive, innovative and prosperity generating people – the foundation of happiness – and the prerequisite of any charitable giving.

It should be an entertaining debate, in any event.

Quantitative Eating I & II

It is a mathematical fact that usury is unsustainable in a finite money token system. The exponential equation used to calculate compound interest requires an infinite money supply to function. If you’ve been wondering where all that “new printed paper currency” is going – it’s being used to prop up the immense aggregate debt and investment obligation “out there.” The megabankers and speculators are fighting to grab as much as possible lest they default. They care not about the consequences of hyperinflation.

At some point, the volume of money tokens will be so far out of balance with the underlying collateral that collapse will be inevitable, default or not.

Even when collapse is staring them in the face, those money maddened and plagued by usurers will think they’re “winning” – paying off creditors or accumulating great wealth. But at some point, it will be obvious that there is no corresponding relationship between the vast ocean of paper and the collapsing economy.

Those with paper empires will fall, investors ruined, and debtors dispossessed. Only those who don’t “play the game” will be unscathed. (No usury, no debt, no obligation to repay a creditor)

Speculation as to the ways and means of the collapse are rampant. It may be sudden or it may be a gradual decline. But the new winners will have vocations that produce useable goods and services and have a good chance at getting through the “transition.” Those who prepared themselves, who accumulated supplies and stored food, will be in the best shape to deal with the “dislocation” and breakdown in the economy. When the money token system fails, socialist benefits cease, trade stops, and the shelves will go bare.

Then chaos will erupt.
[Use your imagination]

In the aftermath, we shall see who will possess that which is the foundation of all wealth – the land – and whether or not the survivors will let “them” keep land acquired by stealth and skullduggery, versus those who had acquired it by trade in lawful money and improved it. That will tell the tale as to the final chapter in the united States of America. Did the republican form survive or die? Did the thieves and pirates vanquish the innocent producers?

Charitable Engineering

It is 2117, May 24. I am excited about the news. The St. Google’s Society and Infrastructure won the bid for expanding the underground city at the Grand Canyon. It was a tough competition. Candidates offered their visionary plans, their pledges of private promissory notes for labor and material, and their past track record. There were a few who were favored to win, especially the Brigham Young Memorial Society and Engineering. There was a strong showing from the St. Mary’s Society and Technology. . . no doubt from their recent stunning Cathedral City and Industrial Park. In the end the plebiscite favored the St. Google’s Society and Infrastructure. They had the most fail safe and disaster resistant engineering specification.


Ever since the infrastructure was donated to any private charity or society that could build and maintain it, the landscape has been transforming in ways unimaginable by our forefathers. And it favors those who are most productive, innovative, creative and frugal, doing the most with the least for the benefit of the many. Plus, it is a great ego boost to see your group’s handiwork as a proud monument to everyone’s effort.


There’s the added benefit for group members, too. Though the infrastructure system is generally free of charge, any fee based “special services” are available to members in good standing. And why not? They or their donations helped build and maintain it. Why not enjoy the perks? And it helps build membership ranks, too.


Which reminds me, the “Sons of Norway” society are having a farmstead raising and all are invited to participate. They have some great cooks – and great looking girls to dance with at the celebrations. The SoN also have some fine cybertechnologists that I’d like to get some discount credit to trade with.

Hypersonic time

It is 2117, May 3. Dad is going on a business trip. He’ll be taking the vacuum train, and will probably leave late to get the cheap night fare. When traveling at 8000 kph / 5000 mph, you don’t get much time to snooze, and with 2 G acceleration / deceleration profiles, it’s not easy to relax. Most business men catch the morning and afternoon shuttles – which makes them the most crowded and highest cost. Not for Dad, though. Dad will squeeze credits till they cry out in pain.


Hypersonic travel is pretty simple, once you build a large, vacuum tube. The mag-lev train can accelerate to great velocities. Without air, there’s no problem with sonic booms. But the radius of curvature and the high velocity limit turns. So the tubes and the network are constrained to minimize sharp turns. And to prevent minor dislocations from causing accidents, the circumferential clearance space is about1.5 meters.


I read about the Halbach arrays and passive failsafe lifting mechanism that prevents a catastrophic loss of magnetic repulsion. The engineering problem of constructing massive Halbach arrays was solved by …

Oh, drat! I have to go. I have to do some share work at the Ring cooperative kitchen. It’s not much – about 12 hours per week. I will be doing a three hour meal cycle : set up, cook, serve, break down, and clean. They are a conservative operation, running a 4 hour service. The spare hour between, is often used for after meal entertainment as there are always some amateurs looking for captive audiences.

It’s nice to hear them singing, when slogging away at the last bit of cleaning. Oh, I am also being cross trained in cookery, and last week I learned about making a roue. It’s fun. Who would have thought that a bit of fat and flour could be so flexible?