Showing posts with label monetary policy. Show all posts
Showing posts with label monetary policy. Show all posts

Monday, April 16, 2018

Appreciating Your Possessions: Extending Faith Through Extending Credit


     Another moonth is upon us, just as the Jungian shadow of the Moon is upon the Earth every forthwith and forthwhence. If time is money, then it's money for another lesson. But first, what have we learned thus far?
     That, though your cracked subconscious be flawed, it and its master are of the utmost value, almost as if they were holey. That you must choose your possessions wisely, and possess them as would a ghost, or else they shall possess you. That spiritual appreciation is the source of financial appreciation; of appreciation in value. That the source of value is the meaning of your name: it is like Hanson Enhancing the Value of the Ensign.
     To be not fooled by claims that “witchcraft” is itself a “source” of value; it is but an intermediary, a midwife and witness to the Birth of Value. The Cherishing TechniqueTM is as a divining rod, pointing us in the direction of The Source. Full ownership of yourself requires that you exploit the scarcity of your Unique, and redeem yourself – and the very sweat of your brow - for cash!
     To invest and extend credit is to invest and extend faith, that to put stock in your beliefs is how to take maximum advantage of your leverage. By choosing a living currency – one backed by time, and which is pierced, can be tethered, and keeps as current as the waters – we may procure a currency that works for us, instead of the other way around. Only then may we find a currency suitable for assisting us to work for one another, and for a wage other than death.
     To numismance the stone is to get through the Eye of the Rai. We mustn't fuck holes in ourselves by worshiping Mammon; instead, we must fuck those holes in order to sacrifice the hole for the whole of the donut. To do this is to see the Spiritual Light through the lens of the Eternal Bagel, to prevent the Moon from growing/glowing/growling/glowering red with blood mooney. It is to use the Moon as our spectacles, not as a spectacle, nor as a spectre.
     Only through the Cherishing TechniqueTM may we save ourselves from losing sight of the (w)hole in the Donut. For the donut is the pierced blood cell which is at the root of all existence, and thus the root of all living value. To see the Black Hole Son, the Day Religion and the Night Religion, and the Cosmic Clock Theory (and its corresponding time=money system) verily, we must Fuck With a Sigil.
     Also, double your value by killing your doppelgänger.
     This much we know for sure.
     And that is why we must blow a hole in the Moon.

     We cannot fit into the hands of God unless you put a hole in there first. Similarly, if we, our money, our god, and our Moon do not have holes in them, then they cannot be tethered down, and the Heavens can Spirit them away. The Moon is the last of these four to remain whole; thus, it must become hole for the cosmic coin-counter to be complete. This is how you keep your value Earth-bound. For if the Moon has a hole, then it can be tied to the Earth.
     Oh, also, we're gonna blow a hole in the Earth.
     The Discordians evidently believe that all value derives from 2 and 3. It has apparently escaped their notice that 0 is the source of 1, and thus, the source of all value and values. Their numerology is like a god that someone forgot to properly tie down at the hitching post. We must teach the Discordians how to return the favor which 0 gave to 1; by annihilating the 1, by adding a negative 1. It is in this way that by adding a hole to a barrel, we decrease its weight, though we add something to it. Again, think negative space, think Mustard Seed.
     I'm sure you think you need a hole in the Moon and the Earth like you need a hole in your hand, but have ye not heard it said that “Cleanliness is next to godliness”? As this is true, we must be wary, for our “money” is unclean in so many ways, as has been elaborynthmiated previously. And also, that “portability is next to trackability”?
     Though itchy money be a wolf's bane, rejoice! For, fortunately for you, portability, durability, divisibility, fungibility, induplicability, rarity, stability, and trackability are also next to godliness! Though a cloned Christ, or a cloned you, be duplicable, take heart! For this exempts you - saves you - from being used like a currency!
     Just as well, redeemability in real assets; effort involved in creation; high purchasing power, and service as a unit of accounting, medium exchange, and real store of value, are next to godliness. All of these are like theology; they are Like a Prayer.

     If mankind is to be redeemed, then it must be redeemed in real assets. But if that's so, then given that cows (also known as beef-apples) were one of the earliest forms of currency – being that their value derives from their mobility, their ability to self-replicate, and, just like the Chinese tea brick, the ability to be eaten as food in an emergency - what is to prevent us from taking them as Sacred Cows? From treating them as Golden Bulls, instead of gold bullion? From crucifying mankind upon a Cross of Beef? I've got no beef with them!
     We all know that the buillon cube is a portable, divided unit of accounting on the beef stock market. But cubes are not the shape for buillon which God hath ordained. Nay, the proper shape is the shape of the Moon. But are the Moon and Earth shaped as we believe?
     We can start with what we know for certain: first, that WeTM LiveTM InsideTM theTM EarthTM. It may take a Moonatic to explain, but we can infer from this that the Earth is a hollow disk. Those who doubt will ask, “Why, though the Earth seem flat from one perspective, from another it appear round as the disk of the Son?” But true believers will know that this is the result of the Earth being shaped like a nickel; and upon this nickel I shall build my Church. And just as the Earth is shaped like a nickel, so too is the Moon.
     The Earth goes 'round the Moon, just as naturally as the Moon goes around the Son. Everything revolves around the Son, just ask one of his followers. We celebrate Eostre, of course, by remembering that the Son hatched like an egg. Why? Because the Moon, just like God, is an egg. And just like the egg, God, and we His children, the Moon shall one day crack.
     Looking into the Eye of the Rai will afford us the Name. And the Name of the Rai is fei; Fay who say “they fill up slots with little things they find in space”. Our little Earth is but a nickel in the slot of a great cosmic slot machine, the plaything of some alien or deity who fashions zimself some sort of pinball wizard. And when the Earth and Moon have holes, they can be threaded with string. And if God can tie a string through his coins, then when God goes to play pinball, He can Get His Money Back.

     Just like the rai, and your god, you too must die while being brought to Shore. Or else, while helping others reach the shore. So the greater becomes the heroic tale of your money-carrying, Christ-carrying journey. And thus, the rai appreciate, while themselves being appreciated. As you are precious, so too are you appreciated. Although this sensing sentience - this touching feeling – is the root of the subject-object confusion, it is also its resolution.
     The only way to intellectually appreciate your possession - “your” god – is to poke a hole in it. It shows inquisitiveness; to poke a hole in it is to challenge it. And God always appreciates a challenge or a bet.
     Ye have heard it said that “He who does not work, neither shall he eat”. But from whom cometh this quote? St. Paul, of blessed memory, yes, and the Jamestown settlers, but also Lenin. What if you do as God commands, and walk around eating like a bird? Isn't it an assault on the freedom of worship to require a license for that?
     What is the purpose of a left-vs.-right divide on economic issues, when the “money” we all use is of no value to begin with? One side values labor and believes the Earth round, while the other values capital and believes the Earth flat. Reconciliation only becomes possible when currency stops being impossible; and that can only be done through alchemy.
     Just as “property is impossible” - since a society can't have property norms without either a state or unanimous agreement – currency is impossible. How can you hold a society's monetary norms together without either a standing army, or else mass psychology? Believe the Oculus, not the ochlocracy.

     As you will recall, Milton Friedman remarked that myth – that is, unquestioned, unverified superstition – is the most important element in a society's monetary system.
     A myth sets up the basis of an economic system, and thus a monetary system. As in the Cahokia Mounds, when a society chooses to spend hundreds of years building something – to help a warlord, or as tribute to a god – then its economy inevitably revolves around that. Just as well, its currency will be based on whichever resource occurs naturally in the area and has the popularity to become a durable form of currency for some amount of time.
     In his analysis of rai, Friedman rightfully avoided value judgments. But had Friedman concluded his research with a shamanic recommendation – like that we rip the cow's heart out before turning it into money, in order to boost the value of our beef-disks; or perhaps that we ought to eat our money to gain its purchasing power – then he could have made his observations that myth matters most in monetary matters more moving. ...By the way, do that.
     Why didn't Friedman ever shake a stick that had shrunken heads dangling from it, so the jaws open and close as the stick shakes up and down? Ludwig von Mises may be to blame. Ludwig von Mises (rhymes with “Jesus”) said, “Economics must not be relegated to classrooms and statistical offices, and must not be left to esoteric circles.”
     And so, the free-marketer flat-Earthist must ask himself, why didn't Friedman ever notice his disagreement with Mises? Surely you can't have a coherent economic theory (and corresponding monetary cosmology) if one of your theorists believes that myth is essential to economics, while another believes that economics “must not be left to esoteric circles”? Blasphemy!
     Esoteric circles ought to determine everything! If indeed the Chaos Theory of Value is the key to overcumming the Power Theory of Value, then it must support a currency which is, like USD, truly a cum-oddity. For as we splurge with it, we splooge upon it. Therefore, only qualified alchemists may do monetary theory.

     Fortunately, there's a little more thinking going on about this subject on the Left.
     Labor leader Big Bill Heywood said, “The mine owners did not find the gold, they did not mine the gold, they did not mill the gold, but by some weird alchemy all the gold belonged to them!” Heywood alone spies the alchymical marriage which is necessary to spawn a healthy new monetary system.
     While Heywood understands the importance of alchemy in establishing a monetary system the best out of all those considered herein, Karl Marx comes close, and certainly bests Friedman. That's because Marx said, “The less you eat, drink, and buy books; the less you go to the theatre, the dance hall, the public house; the less you think, love theorise, sing, paint, fence, etc., the more you save – the greater becomes the treasure which neither moths nor rust will devour – your capital.”
     Just as Lenin echoed the Christian settlers at Jamestown and the Christian St. Paul, Marx echoed Christ's exhortation in the Sermon on the Mount (Matthew 6:19). And we pretend that there is any purpose for the left-vs.-right divide on religious matters, let alone the economic and the monetary! Why divide people according to their values, when you can divide your currency into equally valuable Moon-units!? Only when moonetary matters are settled, may Jamestown, Russia, or the Kingdom of God - or the tab, for that matter - be settled.

     If you read your Bible, you'll know that God always speaks in capital letters. He calls Himself YHWH, and I AM, like a pissed-off internet troll. Why does He do this? To show people the Meaning of His Word, which is the source of all value in the universe.
     Speaking in tongues wouldn't even have occurred to us if not for God! He's the 0ne who taught us to ritualistically induce ecstatic trance, so that we generate new words! Think of how many more words you could capitalize on, if you also trademarked the CAPITALIZED versions of the divine but apparently meaningless utterances that you generate during trance states! Think of the prophets you'll rake in!
     Marx knew this just as well; for his advice shows that he understood the importance of not only capital and myth in creating value, but also of capitalizing on what you say, so that you don't have to capitalize what you say.

     For the Earth, too, shall crack like an egg. But that shouldn't mean that your money has to as well.
     Roll those nickels, God wants to play another round.



Written on April 15th and 16th, 2018
Edited on May 2nd, 4th, and 11th, 2018

Originally Published on April 16th, 2018

Sunday, October 15, 2017

Shut Yer Yap: How to Starve Yourself Rich (A Numismatic Exorcism)

             Nought is clear, lest we view it through the Lens of the penetrated stone.

            Nought is clear, but that the study of rai (also known as raay, fei, the Yap Island stone coin, and on the international currency market, YIC) is essential to all future study and understanding of numismetaphysics.
This is why some more study of rai shall be necessary before we continue to our main subject, cryptocurrency.

In his 1991 paper “The Island of Stone Money”, Nobel Prize winning economist Milton Friedman (Uncle Milty himself) discussed the similarity between the practices of marking gold stored in Federal Reserve vaults to signify a change in ownership, and the practice of marking rai for the same purpose.
In the paper’s conclusion, Friedman writes how important myth – “unquestioned belief” –
is “in monetary matters”. He continues, “the money we have grown up with… appear[s] ‘real’ and ‘rational’ to us”, while “The money of other countries often seems to us like paper or worthless metal”, even if its purchasing power is strong.
This ought to demonstrate to any savvy investor that talk of “the gold price”, “the iron price”, etc.TM, is bull hockey in your pocket. Moreover, that the value is in the Eye of the (Arthurian) Stone. This is the maieutic source of currency’s value. So, then, if we are, indeed, destined to play a Game of Stones, we must ask ourselves whether it should, in particular, be a game of birthstones.
Do not let your Eyes be deceived; after all, The Book is made of paper (though it may have gilded edge). And the Almighty Emperor’s Commodity Fetish Records 999- Economic Unit Note be of paper.
So what, then, distinguishes The Book from gold? The Book from the Note, or the Note from gold? Gold from the Heart? Only the Beholder of the Light. Only the Truth and Truth of the One who makes the Promise to pay to the Bearer on demand. The Bearer of Light teaches that the Word is only as good as the heart it is printed on. Thus, the Word backs gold and paper alike. The Promise backs their value. This is what I saw through the flames.
But just as importantly, and to answer the Question directly, gold is alone among these in one key aspect: it cannot be burned for heat in an emergency. Aside from Friedman’s probably subconscious allusion to this phenomenon, that this fact makes gold inferior to the Book, the Note, and the Heart for use as a currency, has not yet been noted by mainstream economists. Thus, the Jungian Shadow cast by the spectre of gold has cast a scintillating Skynet to blind nearly all of the scientists of modern currency. This is to be remedied, for We know where the real gold is buried.

So, then, cryptocurrency. Currency reclaimed from the crypt. Is it a current currency, or not?

 Does the immortality inculcate (charge) a presence – a life – into the currency, or does its deadness (however imagined or falsely perceived) subvert its value as a “living document”? Only the numismancers know for sure. The answer might explain why we still have pyramids on our damn “money”. The only way to get through the Eye of the Rai, in a manner of speaking (and, also, quite literally), is by Numismancing the Stone.
We love our money like we love our own flesh and blood. After all, it’s backed by our own flesh and blood, isn’t it? Just as sure as the paper you’re printed on, just as sure as your dossier will survive you, if it backs your currency, then symbolically, it is your currency. We may say “I like money” or “I<3$” (now a publicly traded company), but how many of us would be willing to kill, or even die, for our money, and for its value?
One major determinant in the value of rai is the grandness of the story which can be told about one rai; what happened to it on its way to Yap from the distant island on which it was quarried. Aside from the size of the coin (ranging from 3 inches to 12 feet in diameter), whether those transporting it survived a storm, or whether a famous sailor brought the coin to the island, may boost its value.
Most importantly for the purposes of this discussion, rai may have high value because many people die bringing them to Yap, or (perplexingly) because nobody dies bringing them to the island.
This is why we must either kill many people, or else die (and take many others with us), in order to continue to bogusly inflate the value of our currency. Just as in the balancing act between relying on ubiquitous use and widespread acceptability vs. scarcity and uniqueness as the driver of currency’s value, it could not be clearer what we must do for our money, for our “own” flesh and blood.
That is why we must fight this currency war – and we shall fight them; on the Banks of every river, in every trench and every Bank vault – if we are to procure for our posterity a Currency of Blood. It is all for the sake of STABility. Remember, you’re worth more dead than you are alive, right? Just don’t go about trying to prove it, though. I mean (say it with me)… Just You Buy It!(R)

This leads us to our next topic: how to strike it rich without working.
For example… take me… please! I don’t do shit, I make money. Read The Tao, be The Master, make shit happen. I mean… I get paid to make money.
I know we’re told that high earnings, and a lot of money, and rewards, are the inevitable result of hard work. And that if a man does not work, neither shall he eat. But I’ve eaten without being required to work for it, and I get paid to sit around and do basically nothing at my job.
That’s why I attribute all of my success and earnings to hard work. To do so may go against everything I’ve observed, but everyone else thinks it’s true, so I don’t object, because it’s all I can do to keep from shouting from the rooftops that it should be legal to steal from me. This is the Root of the Hole in the Coin. But back to my financial advice.
Are you starving, freezing, poor, broken? No, you’re not. You only feel that way. And for you to project your feelings onto my rights is unconstitutional. It’s a violation of my rights!
‘Ey, if you’re poor, spend less money. If you don’t want to pay taxes, then just refuse to pay taxes, or else stop working. If you can’t find work, get a job. If you’re disabled, work harder! If you can’t afford good food, eat garbage! If you’ve frozen stiff in your apartment, just walk away from the apartment and the landlord! I mean, if you’re in chains, break out! Amirite!?
As I suspect Jesse Ventura (Master of Mixed Metaphors) must have pontificated at some point, “Ask for work. If you can’t find work, ask for bread. If they don’t give you bread, steal bread. If you can’t steal bread, let them eat cake. And if you can’t have your cake and eat it too, then the proof of the pudding is in the eating of the cake bread pudding.” Man can live on bread alone! But only if we learn to Leave Breadney Alone.
These are the only paths to stable, rising financial gains. …Chris Gaines.
You’re welcome.

Oi, fucker, why do you think they needed to punch holes in Jesus’s hands for the Crucifixion? Well, how else are you going to insert his employment chip? I mean, Everybody Loves Revelaymond. Furthermore, is Jesus the type to charge rent for the privilege to occupy – and use – his holes, for whatever purpose we may imagine?
This is why I say, to fuck a hole in your money is to fuck a hole in yourself (as a reminder, the hole represents built-in debt). This is what it means to be unable to worship both God and Mammon (profit).
After all, the holes in Yap Island stone coins are not for the insertion of poles as axles, but only as transportation devices. To repeat, Fred Flintstone was not driving his moneymobile around Yap, that’s not in the historical records. Again, rai are as small as 3 inches; yet for some reason the holes are retained even at that size, though their light weight makes the use of poles unnecessary for transportation.
So, then, why not fill the hole with something else, such as your hopes and dreams? Your fears? A nice ottoman or a duvet? A sword? Your balls? The Resonating Light? Why not shove a jewel in there, make it nice and pretty? Remember, there’s more than one way to “charge” your purchase. Do some sacred services and an incantation, turn it into a portal so its demons can escape. Do a thing.
As Milton Friedman suggested, and as Emperor Ryan explains, “money is a magic[k] fetish”; an object believed (unquestioned) to possess a sacred, intrinsic, imminent value, including, often, a spiritual one. Emperor Ryan continues: “bank magicians use transference to charge paper into currency”. The money is charged much in the same way in which a sigil is charged.
Hence, voodoo economists are in good company; although a small but significant faction of them are currently waging a covert currency war against their fellow voodoo economists, as well as against the bank magicians, who favor the anthill (ANT) over the “petrodollar-weapondollar coalition” (USD). For more information, read the works of Jonathan Nitzan.
What all this means is that it is our dedication to refraining from questioning the value of our money, and the validity of our government’s public debt, which gives our currency much of its value. It is our suspension of belief which exalts our money to such heights. But, be assured, dead moneys cannot reign.

What do the smallest denomination of rai stone, a cross, and the Hand of God have in common? You can string all of them onto a necklace. But nobody cries when you do it to some rai. Remember: “Don’t cry; scry!”
Thus, the Punched Hand (or wrist) is, by all indicators, the best form of currency, but also, with its fingerprints, it can easily suffice as a form of INDENTification. Fingerprinting only makes human hands a more viable currency, due to its identifiability. A fingerprint is like a serial number, printed with a communion wafer printing press onto a slab of human dough; the Bread of Life, Sacred Manna from Heaven. It’s Time to Make the Donuts.
Even without fingerprinting, the early 2000s government of Afghanistan managed to run successful elections. They did this by taking the fingers of people who had already voted, and dyeing them with ink, and making sure nobody votes who already has ink on their hands. How nice it would be if we could use this idea to ban people with blood on their hands from participating in the democratic process!
So there you have it: The Hol(e)y Human Hand – the Hand of God – is like a bagel in its completeness, its roundness. It is a perfect currency; the Hand does not even have to be transported in order to serve as a useful currency, nor does it need to be separated from the body for the same purpose, nor must it be moved (and removed) in order to denote that its ownership has changed. Remember, idle hands are the Devil’s playground.
But to see the Light through the Lens of the Eternal Bagel – and to understand the artistic concept of negative space – will teach us that without the (w)hole, we are hollow and incomplete, yet complete in our incompletion. Can we be whole without the hole? Only by holding together our Hands, and our Money (which are one and the same), may we answer these questions. After all, without holes in our hands, how are we to be bound together? How are we to be strung up?
This currency – the Hand (or even the Finger) – is the Sigil which we must charge. It is the sigil which we must read in order to fully understand (that is, stand-under) the charges.

In 1948, Mahatma Gandhi wrote, “I will give you a talisman. Whenever you are in doubt, or when the self becomes too much with you, apply the following test. Recall the face of the poorest and the weakest man whom you may have seen, and ask yourself, if the step you contemplate is going to be of any use to him. Will he gain anything by it? Will it restore him to a control over his own life and destiny? In other words, will it lead to swaraj (freedom) for the hungry and spiritually starving millions? Then you will find your doubts and your self melt away.” This is the test we must apply when choosing a currency.
To be required to work in exchange for our needs, eludes the truth; that in order to work comfortably, our needs must first be satisfied. The hole in our hands is the key; just like the Afghan election, to get what we need, all we should have to do is show our hand. Why, nearly all of us recognize the meaning – the value – of a Hand, or a Fist, held high. So, too, the Finger. It says “I AM A MAN”. …Or “Fuck you”. Same thing.
This is the Shibbolethic Talisman which was foretold in the ancient scriptures (i.e., articles 1 through 4). As I’ve explained, currency is, necessarily, a talisman, or fetish (magickal object). For a currency to additionally serve as a shibboleth is to use that currency, and to set the societal rules of the marketplace around it, in such a way as to cause its usage to create and cast a distinction between those who know the Hand not, and still worship dead money, versus those who recognize the Hand, and its meaning; its monetary and spiritual value.

I’ll take Gandhi’s advice.
Years ago in Nashville, I met a man who was selling newspapers about homelessness. He asked me for a donation, in order to, in his words, “relieve the stigmata of homelessness”. He meant to say “stigma”, but his choice of words reveals all.
The big questions in all of this are: With what will you fill such an outstretched, truly empty, punched hand? Will you be as a Doubting Thomas, and insert a pole, in order to transport and trade the unit of currency?
Most importantly: What do we have to offer one another, if all any of us has is our own outstretched empty hand?

I have no gift to bring, pa-rum-pa-pum-pum




Written and Published on October 15th, 2017

Friday, September 15, 2017

Why Yap Island Stone Coins Tanked on Friday


            A billion and a half Chinamen probably couldn’t each have his own Yap Island stone coin. But it’s not like it’s entirely out of the question.

            The Yap Island stone coin (abbreviated YIC, and also known as rai) – most of whose value evidently derives from the similarity of its shape to the ever-popular treat known as the doughnut (or, in the parlance of the hoi-polloi, “donut”) – illustrates an important point about money. Namely, that it has a great big hole in it.
So what would it take to make YIC into the new standard for a viable world reserve currency? Check this out: If you fuck a donut, have you fucked the donut, or have you fucked the donut hole? Most importantly, have you fucked yourself? We must look at the hole issue. It wouldn’t be unreasonable to conclude from these data simply that Our Money is Fucked,TM but let’s make sure we can see the donut for the hole.
For each Chinaman to have his own YIC, although highly impractical, is the sad course of affairs on which we have set about. For the value of the Yap Island stone coin lies in the labor which was undertaken in order to construct it; and additionally, in the labor it takes to distribute it. Each one of us can’t just carry an Easter Island statue in his pocket; they have to be carefully carved, moved according to The Game, and revered in keeping with the ancient sacrificial rites, all that good stuff.
Money creation gives a new meaning to the phrase “you’ve gotta spend money to make money”. But that’s not so; you can’t gain money by spending money, nor gain value by selling. You don’t have to read Menger to know that; yea, for, as Ivan imparted, “we can dance, everybody look at your hands”. The hole in the donut, we shall refer to as debt. So, then, whither lies the donut hole? Audit Fort Knox and you’ll find out. Maybe it’s been right there in your hand the hole time.
As with any other currency, the supposed value of the YIC lies not only in the labor-value thought to be contained within it (as if a produced good somehow traps value), but also in its widespread acceptability and use. If nobody is willing to use them – and do all the strenuous work necessary to move them – then the YIC have little to no value; only to those who recognize, honor, and compensate the hard day’s work that went into donutizing The Rock. Only to those unwilling to wait for The Rock to Come to Them.
How lucky would you be to stumble upon a Yap Island stone coin? You’d be richer than all your friends, you could buy all the seashells you want. You’d certainly have something precious on your hands; something rare and unique. But then again, what if you found a thousand of them, and gave them to all your friends!? They’d all be richer than one another!
But this is all assuming that you can even find someone willing to accept YIC, who’s willing to sell what you want, and believes that YIC are as valuable as you believe they are. But what are the odds of that? Who’d carry it? The only realistic solution is to store your money at home. But then, you say, you can’t bring them to market. Ah, but see, that’s yet another problem. Only a fool wagers his most valuable assets, yet only a fool leaves them at home where they’re of no value to anyone else.
And yet that is what the Yapese did; once the coins arrived on the island, they were deemed too large and heavy to be moved each time they were used, so the islanders decided that the coins should stay put, but change ownership.

It should be as clear as Orgonite by now that we’re grappling with a paradox: that a currency derives its value from its scarcity and uniqueness, yet at the same time, its widespread acceptance and ubiquitous use.
The rarest gem in the world supposedly holds so much value, but what exchange-value does it have? None. It has sentimental value only to its possessor, and use-value only to those who either have the skills necessary to refine the gem, or are interested in purchasing the product after such finishing and refinement processes. If the holder won’t sell, then no use-value can be derived from it.
“To myself, I am everything!”: so proclaimed Saint Max. I echo this sentiment. All my use-value is contained within my body and its powers, its potential. I alone Am a viable currency. I alone Am current, I alone Am present; am presence itself. For I Am everywhere, yet nowhere. I am the voice in the wilderness. I tread not upon the streets of men, yet I Am accessible to all. Who Am I? I Am both a who and a what, a subject and an object. I Am, at least potentially (if I am invited), all of this, yet I am not floating around in men’s pockets.
Just as the lamp is within the genie, and just as the Dead concert can never be taken out of the hippie, is not the time-money-moon-value (not to be confused with Blood Sugar Sex Magik) which is contained within me, fostering high, sustained growth of a real store of value within my Own Holy Vehicle (i.e., corpse-in-waiting)? I mean, repent, for fuck’s sake, for your days are numbered, for your home is built of nails, fire, and blood!
A stable (ahem, excuse me, I’m a little horse) fire insurance company will not – neigh, cannot – survive without local building codes demanding that what shelters us from the elements must be made of easily collapsible, flammable materials. This is a viable long-term bu$ine$$ strategy that will support $ound mØney. They don’t call it re-pent-ance for no reason; you’ll have to build yourself a new penthouse in the sky! So build that house of hay; until you do, you’ll be on pins and needles in that haystack. To sit on a house of stilts is to keep one’s head in the clouds. And that’s how you get to Heaven; the same way an ostrich does, except backwards. You just put your head through the donut hole.
There is no store of value in your home. The only home with a real store of value is when a hermit crab takes up residence inside a human skull. And Feng Shuis the shit out of it. The Chinese tea-brick can be used as medicine or food, even construction material, in an emergency. That’s how you make a currency. Not that skulls and bones don’t make excellent construction materials; have you seen some of those churches They got in the Czech Republic?
So be the king or queen of your castle, and make your home your temple. After all, it’s right there on the side of your head. Just as your permanent home is the flesh-prison from which you’re trying to escape, and, at that, the only viable world-reserve currency. To you, it’s worth everything else. After all, every country has people to wager, as a way to back that currency up, doesn’t it? Back it up! Only problem is, that country doesn’t have you. To ignore that is like trying to take the hole out of the donut, trying to drink the Blood of the Savior from a bottle of wine. You gotta get back. Plato’s Cave is the only residence that’s sheltered from all five elements. I mean, I Am a Rock, right?
Estonia has an e-currency, and you can’t spell Estonia without “stone”. Prisoners use cigarettes as currency (and, as Ronnie pointed out, they’re the most stable currency in North America, resting steadily at 25 cents each for at least the last three decades). So why not have panarcho-prison-e-cigs as the world reserve currency? Using an electronic cig could make it trackable from a remote location, another important value-padding characteristic for moneys to have. Besides, the cigarette (aside from being essentially a wedding ring, made of paper, that you fill with tobacco, which many people are married to, rendering it the perfect family heirloom) is the only currency that will smoke us into death, and into Heaven, where our treasure is.
As Blame asks when he requests a cigarette, “Will you help me die?”. That’s real value; the value of certainty, the value of death.

But let us not confine ourselves to a discussion of mere currencies; money is where it’s at. This is where the Pharaohs come in. Pharaoh says fire is the ultimate money; for fire is elemental, and a tool whose use renders he who wields it a god. This simple fact is hidden from every NomNomNomics 101 class you’ll find, yet it is remarkably easy to demonstrate. You’d be shocked to Discover® how much money you can extract from someone through the simple act of setting fire to all they hold dear. This also demonstrates that the (Fire)Power Theory of Value is immutable; unfalsifiable, immune from dispute, questioning, even logic. How can such an offer be refused?
But most importantly, only fire possesses (that is, takes spiritual control of) all the characteristics that mortals desire in a stable money. It’s portable, it’s trackable, it’s electronic, it’s accepted everywhere, it’s easily divisible into standardized units, it fits in your pocket… It is a dangerous servant and a fearful master; the primordial spark which maieutically birthed each of our thought-babies from the sacred annals of bio-history, and the desolate, deserted lome, the whirling cosmic dervish unto which we are destined to someday return; perhaps as fuel for the fire, perhaps stored neatly as computer data on a sun that’s really some otaku’s self-custom-designed computer tower.
Don’t worry about whether a black hole can store labor-value, nor worry where your thinky-thoughts are going. Keep your mind on your mooney, and your mooney on the Mound. Pyotr had it right; bread-backed currencies (like MannaLoafTM and SalvationCoin®) are the wave of the future. He understood that the buck(skin) stops here. Each one of us, deep within our holes, knows the value of a buck, and that of a dough. To be Frank, you can’t have one without the other.
That will bring us back to doe; the deer, dear source of the preciousness which gives life value, which backs the currency with which we keep current, with which we track the transit of that great celestial orb (our Sky-Mother, the Lesser Light). That’s how you get ahead, you keep up with the Boneses. We are fools if we think that Blockchain can record all transactions; only black holes and blood can do that. Blood and the blood oaths are the genuine Holders of Value, Signifiers of Honor, Keepers of Record, and Ancient Historians. Let’s not kid ourselves; RNA was the original Blockchain.
This is why I propose experimentation with an alternate currency backed by tracking the transit of supermoons, blood moons, and blood supermoons. I mean, when every holiday of the year occurs within the space of a single February, you know it’s time to call your broker. But you don’t need an Al Broker man to know which way the solar wind blows. This represents a call for a currency backed by nature, not nurture.

Just as the hole must be shed from the donut, as the funerary shroud from the moon-mummy, any serious monetary reform can only come about through SacrificeTM of what we value most. The reason that YIC and the Slandered & Whores’ Index lost 15% of their value on Friday is that it was not a Good Friday. YIC-heavy portfolios have revealed themselves to be so heavy with rock, that they don’t rock. It is as it was in the Beginning; as the portability of the coin must be sacrificed to honor the workers who make them and move them, the whole must be sacrificed for the Good of The D0nut, for the virtue of Emptiness (all hail). So let’s move some money.
When it comes to power-backed currencies, portability is next to trackability. That’s why they have to run your fingerprint (your real driver’s license, as the driver of your own body) before you’re allowed to buy Cheetos. That’s why YIC futures aren’t safe bets; rather, they’re investments that are only for the savvy moon-watching investor. But if you’re bearish on mooneys, don’t go loony; instead, hang onto that millstone and take the plunge. Take it all the way to the river bank – which is where you’re gonna be laughing – because that millstone’s gonna be worth a HellTM of a lot of money some day!
We’ve all read Adam and Josiah, and understand Cost the Limit of Price. Labor is the only just compensation for labor. Additionally, the cost of labor is the subjective cost of working; that is, the suffering borne by the laborer. The amount of suffering involved in the work determines the value of the product that the work creates. This is why we are paid in suffering. The wage of sin is not death; the wage of work is death, is suffering.
This is why we must pay our employers back with amounts of suffering equal to the amount they have invested in us. Only then can we restore Blood, Sweat, and TearsTM (BST) to its proper place as the real world reserve currency. This will show that BST is the only genuine form of money in the world (at least on this plane), because it’s the only one with real exchange-value, the only one that’s universally accepted and traded the world over. Most importantly for our masters in government, taxes are payable in BST. If hard work is taxing, then it can be taxed.

Unless and until those who work us, work for us (or at least swear blood oaths not to take our toil as a standard part of our employment contracts), then no compromise short of a sweat-based currency should be made. This must come with no less than full property ownership over our precious bodily fluids, as part of our bodily autonomy, physical integrity, and personal self-ownership. If workers are to be microchipped (because who doesn’t love Revelation), then they at least deserve a package of shares corresponding to the value of their sweet, untainted golden piss on the global market, as determined equitably by everyone involved in piss futures speculation on the Stalk Exchange.
Finally: If we must use a money, then it must be one whose value is backed by the inverse of the quantity of suffering which the reckless pursuit of other currencies cause humanity; never based on a direct correlation. To do otherwise is to destroy the uniqueness of the money, with nothing to make it distinct from its competitors.
The Sacred Unique is the Scarce – the Rare – in which all value originates. And on this Rock I shall build my Church.




Written on September 14th and 15th, 2017

Originally Published on September 15th, 2017

Edited on January 17th and March 20th, 2018

Tuesday, October 4, 2016

States Could Experiment with Export and Resource Backed Currencies


Written on September 15th, 2016
 
Edited and Expanded on October 4th, 2016


 
            Balancing government budgets, instituting Georgist taxation, and legalizing competing currencies, could potentiate new ways to back legal currencies.
Imagine that community land trusts flourish; that state and local governments had balanced budgets, based their revenue sources solely on user fees, voluntary contributions, and a Land Value Tax; and that they governments establish citizens' dividends and residents' dividends and permanent funds, funded by exports and fees on natural resources.
If each state were to produce its own official state currency, within its own boundaries, controlled by a state public bank, based on and backed by its chief export, it would provide a local alternative to the fiat paper dollar, and to gold and silver.
 
The three states whose chief export is gold - Utah, Nevada, and Massachusetts - would have only gold, silver, and paper dollars as their official legal currencies; unless they were to produce their own state currencies to compete with the $10 U.S. Golden Eagle, or legalize Bitcoin, or undertake some other measure. Perhaps two or all three of these states would adopt a single gold currency.
Four states - Illinois, Michigan, New Jersey, and Texas - export gasoline more than anything else. North Dakota exports crude oil the most; and Montana, West Virginia, and Pennsylvania claim coal as their biggest export. Unless these eight states were to join into a single currency backed by fuel and energy exports, we would likely see them adopt "Gas Dollars", "Crude Oil Dollars", and "Coal Dollars". Gallon tanks of gas might even become media of exchange.
Six states claim food products as their chief exports; they might join into a united currency - or currency composite - based on the average of the values of food exports across all six member states. Colorado and Nebraska would have a "Beef Dollar"; South Dakota and Virginia would have a "Soy Dollar"; Iowa would have a "Corn Dollar"; Maine would have a “Lobster Dollar”; and Idaho would have a “Potato Dollar”. Well-preserved potato, corn, and soy products - as well as beef jerky - might become media of exchange under such systems.
Eighteen states export vehicles more than any other good. Alabama, Maryland, and South Carolina would have a "Car Dollar"; while Michigan and Missouri would have a "Truck Dollar". States adopting an "Airplane Dollar" include Arkansas, Arizona, California, Connecticut, Florida, Georgia, Hawaii, Kansas, Kentucky, Louisiana, Ohio, Oklahoma, North Carolina, and Washington State.
New Hampshire, New Mexico, Oregon, and Vermont would have an "Electronics Dollar", exporting electronic devices more than anything else. Delaware, Indiana, Tennessee might have a "Medicine Dollar", chiefly exporting medical goods.
Other states would take unique approaches to establishing their own currencies, having unique chief exports. We would likely see such things as the "Alaska Zinc Dollar", the “Minnesota Needle Dollar”, the “New York Diamond Dollar”, the “Rhode Island Metal Waste Dollar”, and the “Wyoming Soda Ash Dollar”. Finally, the District of Columbia - exporting arms and armaments - would adopt a “D.C. Arms Dollar”.
 
Of course, the downside to each state having its own currency backed by its chief export, would be that states would be largely incapable of avoiding promoting their own industries; and this would interfere with free trade. States and the federal government subsidize - and grant other favors and protections to domestic industries - too much as it is; and such currencies would only embolden government to put more taxpayer money into increasing exports.
The federal government would be obligated to get involved, given its role in ensuring regular, uninhibited, uninterrupted flow of interstate commerce in such goods. This is especially so, if states were to attempt to tax the same goods they back their currencies on, when those goods come from out of state.
Truth be told, if every state subsidized its own chief export in order to keep its state currency strong, then the states couldn't rightfully blame each other without being hypocrites. But on the other hand, the federal government doesn't hold states accountable for favoring themselves or for interfering with free trade, and that rationale ought to stop.
     Another thing to consider is whether states should be encouraged to back their currencies on - instead of their chief exports - their chief natural resources (by whatever measure). This might ultimately prove to be better for the economy and for the environment, because when a state's chief natural resource is a mineral resource or an agricultural product - like wood, fiber, oil, coal, or gasoline - it might be less hazardous to the environment, and more popular among the voting populace, that the real value of the product lies in leaving it in the ground.

Sunday, April 20, 2014

Economic Policies for 2012 U.S. House Candidacy


The Federal Budget
   Balance the budget as soon as possible by reducing military expenditures not essential to our self-defense, abolishing unconstitutional and unsustainable bureaucracies, and enacting balanced-budget legislation.

The Monetary System
   Audit the Federal Reserve annually, permit the production of alternative and competing currencies by individual and private actors as well as local governments, and allow interest rates to be set by the market.

The Tax Code
   Abolish the Internal Revenue Service, repeal all legislation permitting taxation by the federal government (with the exception of import duties and fees), urge the states to repeal their tax legislation, and urge local government to enact taxes on the creation of income disparity.

The Banking Industry
   Support legislation to prohibit affiliation between insured depository institutions and investment banks or securities firms, and strengthen the effects of the Dodd-Frank Act by improving transparency in the Securities and Exchange Commission.

Government-Sponsored Enterprise
   Promote the general welfare over special interests by ending all subsidization, bailouts, restructuring, chartering, and contracting of businesses by the federal government; and urge the governments of the states to do the same.

Consumer Protection
   Abolish the Consumer Financial Protection Bureau, and permit its re-establishment only under conditions of proper ratification of an amendment authorizing its existence and full congressional oversight.

Campaigns and Elections
   Diminish the influence of special interests such as businesses, unions, PACs, and lobbyists on elections by restoring limited government which promotes the general welfare; and restore privity and competition to the electoral system through open-ballot reforms.

Domestic Capital
   Facilitate an influx of foreign and domestic capital investment by reducing and abolishing tariffs (with the exception of importation duties and fees) and federal taxes on all forms of income and investment.

Interstate Commerce
   Reduce the role of the Department of Commerce to permit federal intervention only when states enact tariffs; monopolies, monopsonies, or outright bans on the provision of goods or services; and end welfare and subsidies to large and small businesses alike.

Agriculture
   Phase out and abolish the USDA, eventually eliminating $145 billion from the current annual federal budget. Urge the state and local governments; unions; charity, religious, non-governmental consumer-advocacy and consumer-safety organizations; and private enterprises to increase their provision of USDA-type services and benefits during the process of transition away from the current system of centralized federal regulation of the provision of agriculture, natural resources management, rural development, nutrition, and food safety services.

Transportation
   Abolish the Department of Transportation, allow state and local governments to take up the administration of its functions, allow the privatization of Amtrak, and support the transition of the functions of the T.S.A. to private and local-government agencies.

Energy
   Abolish the Department of Energy, allow state and local governments to take up the administration of its functions, and advocate for local governments to have the primary role in making decisions regarding exploration for energy sources.

Global Trade
   End U.S. Membership in the W.T.O. and N.A.F.T.A., allow the reduction of tariffs on foreign goods and services independently of those agencies, and facilitate compromise between freedom and fairness of trade based on the subjective values of foreign sovereigns.



Written in January 2012
Originally published January 18th, 2012
Text originally appeared at http://dontvoteforjoe.wix.com/2012






For more entries on banking, the treasury, currency, inflation, and business, please visit:
http://www.aquarianagrarian.blogspot.com/2014/05/response-to-campaign-for-liberty.html

For more entries on budgets, finance, debt, and the bailouts, please visit:
http://www.aquarianagrarian.blogspot.com/2014/05/debt-and-federal-budget.html

For more entries on commerce, please visit:
http://www.aquarianagrarian.blogspot.com/2014/04/notes-on-obamacares-unconstitutionality.html

For more entries on consumers' issues, please visit:
http://www.aquarianagrarian.blogspot.com/2010/10/enlightened-catallaxy-reciprocally.html

For more entries on energy and natural resources, please visit:
http://www.aquarianagrarian.blogspot.com/2010/10/case-examination-of-policy-for-natural.html

For more entries on taxation, please visit:
http://www.aquarianagrarian.blogspot.com/2014/05/tax-cuts.html

For more entries on theory of government, please visit:
http://www.aquarianagrarian.blogspot.com/2014/05/the-general-welfare-clause.html

For more entries on free trade, fair trade, the balance of trade, and protectionism, please visit:

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