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Money as license to control



[This note was passed on by Bob Olsen <bobolsen@tao.ca> -Moderator]

The one point I would like to make that you may want to pass on is:
Money has always been a "licence to control energy" either in the from
of exploitation, buying food for the family, or weapons for
colonization. Money has no other purpose, because if and when nobody
agrees to exchange it for energy, it becomes worthless.

Also: "Wealth and property are the temporary control of energy"

The difference between money issued under the gold standard and
today's fiduciary money is that the scarcity of gold limited money
creation, which hindered limitless exploitation.

Today's banks can create virtually any amount, provided it can be
turned into energy/resource with more monetary profits increasing
energy control. A bona fide pyramid scam that must grow constantly to
survive, or if you like: a machine that turns our an endless number of
mercenaries .

We must have money, regardless what it is called. We lived in a barter
society without monetary values after WW2 for 3 years and to hell with
it. What has to be changed are the methods of the system: Right now
money creation for good purposes is almost an impossibility. Take it
out of the hands of the banks for creating money for profit.

Another important point is that profits can not be "made" only "taken"
for somebody or something, because we can not "create" anything, only
rearrange particles into other forms and convert energy into a lesser
form. The question is not the act of use, but for what purpose?
Therefore, when banks issue new money as a licence for energy use,
unless there are solid safeguards, the licence empowers the holders to
commit crimes by energy conversion for needless, useless, harmful and
criminal purposes while depriving others of use for legitimate needs.

This brings us to my favourite subject of "economic efficiency", which
when translated into monetary terms, especially in the form of profits
is about the craziest and stupidest religion that has ever darkened
the face of Earth, as the purpose is not "efficiency" but the covering
up of "inefficiency" under the illusory blanket of "energy licence for
any purpose the holder deems fit".

Anyway, you may have read these many times in the past and hundreds of
my writings are in archives all over the Net and I just keep repeating
myself every time somebody new comes on a list I may be on.

Keep on fighting, Ed  (Ed Deak, Big Lake, BC, Canada)
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