Wednesday, April 20, 2011


Lots of people will tell you that money isn't a bad thing, just a tool that can be used for good or ill. I don't agree with them. I don't think they've really thought it through. You see, money, all money, is the representative symbol of a belief system, and that belief system is toxic, in and of itself.

It's true that the monetary system currently in use is an especially virulent version of the disease. It is a pyramid scheme and it will end the way all pyramid schemes do. Thus far, that collapse has been deferred only by increasing it's scale. That's what is behind the push toward a centrally controlled global economy. Some people will tell you that debt-based issuance of money is the cause of our trouble. Some say that a return to the gold standard would suffice as a solution. They don't seem to understand that evils such as debt-based and fiat monies are implicit in, and inevitable developments of, the belief system that money represents.

The most important question that needs asking in order to see the truth about money is: "Why do I believe that money is necessary?" It's fear of scarcity, isn't it? We think that, without money, we'd have no way of demanding that our needs and wants will me met by others. We don't feel secure in simply asking. What if the answer is no? With money, we don't have to ask. We can instead present the other with enough magic tokens, and then they will have to give us what we want. This is assuming that you have some magic tokens. Money makes interpersonal trust irrelevant and unnecessary. The primary, bottom line tenet of the religion of money is: Other people can't be trusted and shouldn't have to be.

This is an incredibly destructive belief. All by itself it is sufficient to condemn the use of money. We see the result of it everywhere. Our societies don't expect, much less require, any sort of communal responsibility or standards of fairness on the part of individuals. They allow predatory psychopaths to flourish without fear of repercussions from the saner majority. Provided only that they have enough money, they can do as they like. This is freedom, according to those who own the system.

What if all the money disappeared? What if, for instance, a massive EMP burst were to wipe out all electronic records so no one knew who owned what anymore? What would we do? Sit around with our thumbs up our asses while we starved to death? Maybe we would, given the level of idiocy that Money-anity has reduced us to. Then again, we might have a collective epiphany and decide to do what people did for untold ages before money existed. We might decide to voluntarily cooperate for our mutual benefit. We could raise our children to be responsible, trusting, and trust-worthy.

Socialisation is a powerful force! Just look at all the irrational, crazy shit we've been socialised to accept. If children were daily witnesses to their elders' voluntary participation in the common good, they would copy that. Of course they would. The best evidence now indicates that psychopathy is largely biological, caused by injury or malformation in certain parts of the brain, so such individuals will probably always exist. But they are rare, and without the protection of money, the harm they could do would be small. In a society of mutual trust and responsibility, they would stand out as the moral cripples that they are.

Another belief implicit in the use of money is the legitimacy of assigning relative value to human beings. In other words, some people are worth more than others. What I find really horrifying is that this belief is presented as a justification of money. It's apologists claim that money serves to reward those who contribute to society and penalise those who do not, and that this is a good thing. For one thing, it doesn't work that way in practice. For another, they are wrong to assume that they know what counts as a "contribution". A person who has disabilities that make them dependent for life is simply assumed to offer no benefit to society. I would argue otherwise, since that person serves to teach others about compassion, generosity and responsibility, and those lessons do benefit society.

Money is just not benign. The only way it could be, is if it's use were confined to trade in inessentials. Current monetary policy is demonstrably heading in the opposite direction. As I write, the would-be rulers of the world are meeting to design a new economic system to take the place of the one that is about to collapse. It won't really be new. It will be same system, only global and centrally managed. Either the IMF, the World Bank, the BIS, or some combination of those, will be given the power to issue the world's new reserve currency: the Bancor. After that, all nations will have to hold Bancors in order to trade internationally in certain essential items. If the issuers of the Bancor do not like the policies of a government, they will have the unchallengeable power to impose economic sanctions unless it's demands are met. Expect global austerity and the privatisation of everything.

Those in charge of fixing the economic crisis are the last people we should entrust with it. They were the ones who presided over the failure and profited from it. They failed to predict this crisis. Why? I predicted it. I told people ten years ago that this would happen. I even told them when it would happen: now. I didn't have to be psychic to know what was coming. I based my warning on the realisation that the system is a pyramid scheme. Those who designed this system knew what they were doing. The evidence is right there on the American dollar (present reserve currency of the world), a pyramid with a capstone not yet in place. The Bancor is that capstone. Either the masters of the old and new financial order are incompetent, or they are liars and thieves. In neither case should they be trusted.

The good news is, we can end their predation any time we choose, if we act in solidarity. We don't even have to do anything! We can accomplish it by not doing something: not supporting the banks. If enough people refused to pay their mortgages, loans and credit-card debt, the banks would fall, just like that. I've been telling as many people as I can about this option, planting seeds in their minds for the inevitable future time when the status quo is no longer tolerable for the majority. In my estimation, that future is not far off, because the global elite have no self-restraint. They will never decide that they have enough power. They'll just keep pushing and pushing, and their arrogance will make them overstep the limit of human tolerance. The tipping point will come when the imagined burden of adult responsibility becomes less than the experienced cost of childish submission.