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June 5, 2018 | MONEY – Transitioning from Outer to Inner!

Donald B. Swenson: Born January 24, 1943, Roseau, Minnesota. Graduated H.S. 1961, Moorhead High, Minnesota. Graduated College 1968, Moorhead State University, Minnesota. Designated member of Appraisal Institute (MAI), 1974. Employed with Western Life Insurance Company, 1968 – 71; Iowa Securities Company, 1971 – 73; American Appraisal Company, 1974 – 81. Part-time teacher/valuation consultant/bartender, 1979 – 2008 (taught workshops at Waukesha County Technical Institute, Wi. and Madison Area Technical College, Wi.). Retired 2008 (part time teacher/blogger), AZ. Self educated economist/philosopher/theologian: http://kingdomecon.wordpress.com.

Let’s review some history on the issues of money for our understanding. Money started out as some object from nature (grain, beads, cattle, deerskins, metals, coins, etc.). I call this OUTER money. The item chosen (by the people) was Outside one’s mind. Over time money evolved into a commodity (such as silver and gold) and then calculations of value allowed paper notes  and coins to serve as our medium of exchange, our tool for valuation, and our legal tender.

 

The above has been the history of money for some 5,000 years. Recently, however, with the invention of the computer money has transitioned from Outer (nature) money to Inner (mental abstraction) money. Today, some 90+% of all money transactions (globally) are the result of Inner transactions. Some 10% of Outer money is still circulating and being used as legal tender for various transactions. The trend, however, is towards a cashless world of all Inner monies.

 

Our digital $ is an example of Inner money. The unit ($1) is imaginary and derived from the Inner realm of a bankers mind. Few teachers on the issues of money recognize this reality (so it seems). Why do so few understand the nature of money? My sense is that our human mind assumes that a virtual object ($1) is Outer as we can see the object in our computer screen, our smart phone screen, or our television screen. That which is seen is generally viewed as existing and, therefore, Outer.

 

When I took a course in economics in college, my teacher did not explain the history of money or anything about the nature of money. All I learned was from graphs, text, and math calculations. The assumption was that math (numbers) existed and that these numbers represented real things. The teacher did not express the view that numbers were mental abstractions which derive from the human mind (consciousness). It was assumed that a symbol ($), and name (dollar), and a number (1) were real Outer things which exist.

 

If a number is Outer and also a thing with substance, then it exists and could be viewed as objective. Banks could exchange their monetary units with the assurance that these units were objective phenomena. But is any of this thinking valid today? I would suggest that it is not valid. In reality, numbers/names/symbols are Inner phenomena. We can call them mental abstractions or mere units of our inner consciousness. They do not technically exist and they vanish from reality just as the ‘value’ of an object vanishes from reality.

 

I learned early in my valuation career that this concept called ‘value’ was subjective and Inner. Yet the establishment institutions (all our banks, appraisal organizations, etc.) were teaching that this concept was an objective phenomena. What was ‘value’ for these institutions? It was generally defined as the highest price, estimated in terms of money, which a good or service could realize in the marketplace. The estimate was a reality for everyone to accept as real.

 

But is any of this thinking valid today? I would suggest NO. Today, we live with mostly an Inner monetary system (90% and growing) which we view mentally within our computer screens. Our laptop screen, our smart phone screen, and our television screen is where we view our Inner money transactions. All is now trending towards a 100/% (cashless) Inner monetary system. Our Inner imagination (within consciousness) allows us to continue this imaginary system of finance for exchange and valuations.

 

When I look outside at nature I can discern that which is Outer. When I look at my computer screen I can discern that which is Inner. Today, there is an exponential transition within finance to this Inner (imaginary) system (within our cyber screens). Few talk about this transition but some are recognizing that all has changed in just the past 15 years. The referendum over in Switzerland (this Sunday) is a result of a few recognizing this change from Outer to Inner. Will the Swiss wake-up to this reality?

 

An Inner system of finance allows our centralized institutions to administer the entire financial system via computers, numbers, and real-time data. Digital $$$ (money) can be created artificially and without any tie to material reality. Banks and bankers can create these digits, call them legal tender, and then control/monitor/regulate the entire financial system from any venue on planet Earth. The tool used is the computer. The people become enslaved to these numbers and the central authorities which administer the system.

 

I read today, in a Bloomberg article, that India is planning to create a social security income for some 500 million of its people. The idea of Narenda Modi and his administration is to provide daily subsistence to these workers. Each will receive subsistence from the government so they can survive economically. All this leads to a dependency for these millions and also an enslavement to the dictates of the central authority who administers the system. Are the people desiring this enslavement?

 

Is this what we all need and want from our economic system? Do people desire enslavement to a centralized government which creates money subjectively and artificially? A government which dictates the amount and the terms of survival for the people? Is this a system which frees people to reach their human potential? Money is the tool of all governments to control, monitor, and enslave the people. With money now transitioning from Outer to Inner, this control is a MENTAL control.

 

We need to wake-up and think about what is happening within our monetary system. The entire system is transitioning from Outer to Inner. This will enslave everyone except those who rule over the system. A few elites will run the system and control the units which everyone receives. The people will become dependent upon the dole and then become enslaved to the system. It’s time to start thinking about what is happening to our monetary system. Digital money is Inner money. Wake-up! I am: https://kingdomecon.wordpress.com.

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June 5th, 2018

Posted In: Kingdom Economics

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