Stephen Stillwell, when agreeing to disagree? #BiasedMoney Cultural Analysis ‏ @Philosophy_Net

download (40)

https://t.co/8x9D0R2KEz #BiasedMoney #GrubStreetJournal #GrubStreetPoliticalEconomy#GrubStreetMoneyandFinance @JoeBlob20 @financialeyes @Philosophy_Net pic.twitter.com/wFbyzC7vyw— RogerGLewis (@PMotels) July 28, 2019 https://platform.twitter.com/widgets.js

The Natural Order of Money and Why Abstract Currencies Fail and a Unit of account for the people.

Money Creation

the short version

Money is an option to purchase human labor, and money creation is a global human labor futures market.

State asserts ownership of our labor, by spending options to claim our labor into existence as currency. (one way to create money, pay with other people’s stuff)

Why should we not include each in money creation?

All sovereign debt shall be financed with Shares of global fiat credit, that may be claimed by each adult human on the planet, held in trust with local deposit banks, administered by local fiduciaries and actuaries exclusively for secure sovereign investment at a fixed and sustainable rate, as part of an actual social contract

Stephen Stillwell@StephenStillwe2

How does it fail?

Stephen Stillwell@StephenStillwe2

Failure of any commodity is assured, because fixed value is essential

Agreement to accept currency in exchange is a fixed value, we can base the value of all other things on

Fixed unit of cost, stable store of value, with global acceptance

(Also definition)

See Stephen Stillwell’s other Tweets

Stephen Stillwell@StephenStillwe2

Why should money be costlessly produced?

That’s the slavery part

Holding money is holding a loan, an IOU, performing a service, to facilitate trade… compensation is reasonable

A point and a quarter for global human cooperation is both reasonable, and sustainable

Stephen Stillwell@StephenStillwe2

The point and a quarter produces a minimum flow of wealth, to assure inclusion in society, to compensate for our voluntary restriction of freedom to respect the rights of others

For our cooperation

See Stephen Stillwell’s other Tweets

“Now Proudhon advocated a society without government and

 

 

 

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.