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April 15, 2019 | Do You Know Where Your Money Is? A History to Consider!

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.

Maria Bartiromo, a financial journalist and prior CNBC commentator, used to say “do you know where your money is”. This question raises questions in one’s mind about one’s savings, investments, security, etc. I would like to ask a few deeper questions for each of us to consider in this missive

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  1. Is there such a ‘thing’ as money (anywhere)? In reality, there is no ‘thing’ within our greater material universe which goes by the ‘name’ money. The reality is that we humans ‘invent’ this concept from our inner self. The name ‘money’ used to be a tool within Capitalism that represented ‘value’. Value was viewed as ‘inherent’ within the ‘thing’ (item). Think of a silver coin as having ‘inherent’ value.
  2. Money (like a silver coin) used to be a substitute for ‘value’. I would present a product for you to buy (say a loaf of bread) and you would give me a money item (with equivalent value in exchange). Both of us were happy as this represented a ‘value for value’ exchange.
  3. As money evolved it became ‘things’ like a paper note, a silver coin, a gold coin, or a similar ‘thing’ which people viewed as having ‘value’ (or representing ‘value’). Later our government took control over this ‘thing’ and mandated that we all accept ‘faith’ money (at first faith money was a ‘thing’ printed or engraved on paper/metal but gradually this changed into virtual money).
  4. Today, the word ‘money’ is a ‘number’ created by our banking system. The ‘number’ does not exist but it works to calculate prices as the number is mandated by our government system as official legal tender. A number like $1.00 gets the name dollar. We can then calculate a price(s) with this number/name.
  5. Today, we have virtual money which lives within cyberspace. I have a cyberspace account with Wells Fargo, Chase, Fidelity, and TDAmeritrade. My money consists of these virtual numbers (called dollars) which I witness in these computer accounts which were created for my use.
  6. Money has evolved into imaginary ‘numbers’ with an official ‘name’. Think of these ‘names’ as representing money (dollar, yen, pound, ruble, krona, peso, shekel, euro, dong, etc.). All these ‘names’ are virtual units and the ‘numbers’ are also virtual units. We live within a cashless world of ‘names’ and ‘numbers’ for most of our monetary transactions. All this has evolved mostly since the late 1990’s.
  7. We now need to think of our money as ‘inner’ rather than ‘outer’. Inner means that the ‘names’ and ‘numbers’ live within my/your consciousness (mind). Soon there will be no ‘outer’ money and we all will live with ‘inner’ numbers to represent ‘value’ and for the calculation of prices. Observed reality has become Virtual reality.

 

So where is our money today? It’s living within our metaphysical mental consciousness. Our money numbers are virtual mental abstractions. I can look out at nature and observe trees, cars, houses, the sun, moon, and clouds…but I can not observe any ‘thing’ called money anywhere. Finance and money has evolved into an ‘inner’ experience of our spiritual consciousness. Can you discern this reality? It’s key to understanding our current cyber markets.

 

Control over our virtual/inner money system is being centralized within our global banks. These banks have no objects representing money in their vaults or within their buildings. The central bank buildings are still guarded with security personnel even though the buildings have ‘nothing’ within them to steal. There are now merely electronic computers in these buildings and all the money is stored within cyberspace.

 

Cyberspace is an ‘inner’ cloud which has no existence within time and space. I now look at my computer screen for evidence that I have money in this cyber cloud. The game of money has changed over the years from ‘outer’ to ‘inner’. We need to think of our money today as mere ‘numbers’ in the computer screen (stored in cyberspace). All is virtual and inner. Control over these inner numbers is in the hands of a few banksters who operate behind closed doors.

 

Where is your money? Think about looking inside your personal ‘consciousness’ for its venue. Visualize this inner space which we all have within us. Ask yourself if you have any access to this space. Where is this space called the human mind? Where does a virtual number reside (say $1.00). Who controls the issuance and supply of these virtual numbers? Who operates behind closed doors to multiply these virtual numbers? Who can trade these virtual numbers via their computer software and coded algorithms?

 

We need to think differently going forward. Outer money has been mostly eliminated from all our markets, savings accounts, and investment accounts. The new words to think about are the following: virtual money, inner money units, cyber money units, storage in the virtual computer cloud, trading via algorithms, speed of light transmission of money units, the global flow of money, price discovery via algorithmic trading, robotic trading, automated trading, rigged markets, manipulated prices, artificial intelligence, cyber hacking, and finally the coming ‘mark of the beast’ financial system.

 

Keep passing this education on to your financial friends. The key going forward is to think differently. Our markets have changed. Enjoy! I am: https://kingdomecon.wordpress.com.

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April 15th, 2019

Posted In: Kingdom Economics

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