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October 13, 2019 | Since Money is Now ‘Imaginary’ Why not Eliminate it?

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.

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Today, I had breakfast for free. I swiped a pre-loaded debit card for my meal. This card ($100) was given to me for free by a commercial bank for buying four new tires for my car. I received a second pre-loaded card ($100) for installing a water pump in my car. Let’s think on this situation. Why is money now imaginary and why can we now eliminate all money from our society (the entire planet) if we so choose? Think on this new development (within banking) which is now ubiquitous globally. Some call it QE!

Today’s cyber money is virtual (inner/imaginary). It derives from the imagination of bankers (their mind). Banksters create the ‘symbols’ from their thinking. Amazing! My dollar symbols ($1, $5, $10, etc.) are units of my/your imagination. I swipe a plastic card (pre-loaded with money symbols) and money symbols emerge in the cafe’s computer account so as to pay for my breakfast. The swipe sends a signal to a bank computer to deduct the purchase price (from my pre-loaded card). It’s all done using ‘imaginary’ money symbols ($$$$$) which get created via ‘typing’ money numbers into a computer (cyberspace). Pre-loaded cards can be funded via mere use of imaginary money numbers. Just call it today’s bookkeeping system!

This is amazing. Our money today is IMAGINARY (mere symbols of the mind). These symbols ($$$$$) can be loaded unto a plastic card or they can be sent from computer to computer directly. The symbols are carried (transferred from computer to computer) via an electromagnetic wave (signal) from point of purchase to the end point where the symbols serve to pay for my breakfast. This is magical and their is no substance to the transaction. Imaginary money symbols serve to pay for my breakfast and these symbols were given to me as pre-loaded numbers on a plastic card. Can this continue forever?

I did not work to receive any of these money symbols. They were given to me for free by the banking institution. All this was marketing to encourage me to buy some tires for my car. But let’s think about this magical process which our banks now use to create our money symbols. A bank can now just ‘type’ money symbols (numbers) into a computer machine to create our legal tender (called money). Banksters can think up money numbers (in their mind) and then create purchasing power for a client as they create a client’s computer account to store the money symbols. The bookkeeping is simple!

Today, our Fed (America’s central bank) is creating some $60 billion monthly (starting this month) for the purchase of government securities (bills, notes, and bonds). It’s given the ‘name’ repo transactions. Where does the money come from which allows our Fed to purchase these new assets? It’s magical – let’s think. The agent who operates our Fed computer account (called the SOMA) can just ‘type’ money numbers into their computer keyboard to create their checkbook money immediately. Money appears in the computer screen automatically. The money symbols are units of a bankers inner self (called consciousness).

Our banksters can then purchase government securities (now virtual instruments) via their computer trading activities). This happens at the speed of light. Money (initially) arrives from a banker’s ‘imagination’ and pays for billions of government securities which are then used (by our government) for SPENDING on everything which our government agents might desire. Debt is not a problem today as the money numbers can be ‘added’ and ‘added’ to the current balance (indefinitely). Numbers are units of imagination and can go up to ‘infinity’. Is this magical or what? Who discerns the game?

http://www.usdebtclock.org

All the banksters on our planet (especially the central banks) can now create ‘imaginary’ money from their thinking (in unlimited quantities). Money is nothing but a ‘symbol’ ($$$$$) which appears as a ‘number’. The number is given a ‘name’ (like dollar, euro, yen, pound, etc.). Can you discern the game which is now being played by our bankster administrators? They create money symbols from their thinking directly. They enter (type) these money symbols into their computer screen for distribution to clients and for spending on assets, goods, services. Isn’t this magical? Amazing!

Since our money symbols are our legal tender today and since these money symbols are virtual units of the mind, why not eliminate all these money symbols and provide FREE goods/services for everyone? My breakfast today was free. Why not all my spending? The 1% get money for free as they can borrow and borrow forever. Debt does not need to be paid back if loans are extended to expand the debt into infinity. It’s a function of our mental realm called MATH forever. Numbers have no end point (they go to infinity)! We now live with spiritual money (derived from consciousness)!

Look at this website for an idea of what is happening today: http://www.usdebtclock.org. Our national debt goes up by billions monthly and yet no real consequence occurs. Dollars are created to roll over the debt indefinitely and continually. Numbers can go to INFINITY (amazing). America can borrow and borrow forever with no real consequence (as of today). Let’s create healthcare for everyone, student loans for everyone, mortgages for everyone, and a universal basic income for everyone. It all can be done with the click of a computer key! Amazing! It’s all magical today now that our money is IMAGINARY.

Think about reality folks. Our money today is IMAGINARY. Mere mental symbols (mental abstractions) serve as our money. Computers distribute these mental symbols via our electromagnetic spectrum (photons). It’s all FREE (at the core). Money is VIRTUAL (a mental abstraction). The electromagnetic spectrum is free. Numbers can be increased to INFINITY. We can fund any project with our computer technology (it”s virtual/imaginary money). Banksters can do this for us (for free). Given the situation would it not be better to ELIMINATE all money from this planet? I think so!

Why use imaginary money when we can give our goods and services directly to people for FREE. My breakfast today was free. Our advanced network of robots, automated production, and artificial intelligence could create all our production (survival needs) for us (our global society). People could monitor the production and this could occur 24/7 as robots have no need to sleep. Automated production (monitored by volunteers) could produce unlimited goods for the entire planet. Amazing! Think on this!

Give this missive some serious reflection at your leisure. It looks to me that we can ELIMINATE all money from this planet going forward. All debt can be cancelled with the click of a computer delete key. Deficits can be eliminated forever. We could start anew with a CLEAN slate (tomorrow). Amazing. It’s all a result of our focusing on reality. Reality is spiritual and our money, debt, deficits are now spiritual units. Amazing! Have a great day!

I am: https://kingdomecon.wordpress.com.

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October 13th, 2019

Posted In: Kingdom Economics

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