There is no subtler, no surer
means of overturning the existing basis of society than to
debauch the currency. The process engages all the hidden
forces of economic law on the side of destruction, and does it
in a manner which not one man in a million is able to
diagnose. - John Maynard Keynes, The
Economic Consequences of the Peace, pp. 235-248.
I grabbed this domain a couple of years ago and just had an
insight that made me renew it, after thinking my interest in
it had waned.
Intuition is a marvelous gift/scourge btw.
I hadn't researched this topic, until I just plugged it in for
a quote and realized a book by the title exists, go figure:
When Money Dies, the horrifyingly true story of
post-World War I Germany's experience with hyperinflation, was
first published in 1975. Largely because the world has been
forcibly reacquainted with central banks, and specifically,
the U.S. Federal Reserve's "quantitative easing," this
essential book was republished and re-released in 2010.
Now, I'm going to fool you with
this TPOV, because it won't be along the lines of those
presented in the above quotes, so here's a counter-intuitive
notion to consider.
My thought is this:
We in an industrialized society
have substituted "MONEY" and "MAKING MONEY" as a scaffold for
specialization, exceptionalization and in some cases (an
alliteration), determination.
Since intuitively we know that we
are not good at everything, we use investment and all of it's
ills and joys to offset the idea that we work at something we
are good at, or can do, or have too, then invest our surplus
to provide--whatever--we need for in most cases retirement.
So, we have ingrained in us that we
are to "work" (rather than live) and then "live" (rather than
work) at some point...an interesting idea @BS, don't you
think.
It dawned on me reading investment
letters everyday, that as I seek a simpler, more interesting
life, that I can deploy my "interests" and capability in ways
that before I never would have thought, for instance creating
a sustainable better living system in the Philippines which is
something I have been working on as a better approach to
scaffolding my own inbornness, a hedge against social
dysfunction in the west, and alternative to hedge a number of
scenarios, as good reasons @BS.
I was thinking to myself as I was
reading all this investment stuff and how MONEY and MAKING
MONEY replaces happiness in our lives and that to get where we
want to go, we have to invest @BS, rather than @F-L-O-W, the
difference is you change the equation @F-L-O-W from work to
live @BS, to live to work @F-L-O-W, a seeming play on words,
but a significantly more profound bifurcation of energy and
information, IMHO.
As I was thinking what I needed,
and of course the generated wants from that, I realized that I
needed money (aside from plugging it into conventional
systems) for eating, and paying some bills, like for internet,
some new computing hardware, a connection to the world in the
form of what will be multi-media, which will be ubiquitous as
a utility soon, displacing our dependence on multiple
vending...and that was about it...along with a "laboratory."
NOW, this is MY needs, and should
not be configured for you.
As I'm giving this some thought, I
realized that if I deploy my E&I + C differently, that the
MONEY equation @BS changes dramatically for my future "design"
which is in transition @F-L-O-W.
It so happens that I document much
of my design process and progress for others to read, which
can produce some of the MONEY equivalent, although I admit, it
doesn't seem popular at this point, perhaps due to a lot of
issues which I don't fully understand, but nonetheless, the
benefit to you is the transparency with which I reveal my own
progress, for your own E&I + C efforts (E&I + C = energy and
information + capability for short)...and while it's more
complex than that, it's probably no simpler, hehe.
With that as context for this TPOV,
I realized that there would be a time, where I didn't need
money per se, but the ability to acquire those things where I
channeled E&I +C. That seemed a relief, and much more simpler,
although obviously I have some interests in "trading" with
others what I am able to produce using my E&I+C @F-L-O-W,
including my own design process.
NOW, what does this bring about?
Well, the idea that MONEY in the
forms that we think @BS are involved in moving us from work to
life, and back to life at work provides an entirely different
conception of finance in my view.
Finance @BS is based on capital
formation and fractionalization as we move from seeing money
as a derivative of some set of notions that are required for
life, and work. MAYBE, and the point of this TPOV, we can
conceptualize the role of MONEY and MAKING MONEY in our life,
if money were to die...and we were to survive it.
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