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December 16, 2019 | Valuation Impossible Given a Virtual Dollar (a unit $1 which does ‘not EXIST’ within space/time)!

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:

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America trades their goods and services using a virtual dollar ($). Imports and exports are priced in our virtual dollar ($). But what is ‘value’ given that we now trade with a virtual dollar ($). There is no reference point for ‘value’ given that our dollar is ‘valueless’ (has no definition in terms of a ‘thing’). A virtual dollar ($) which gets created from the MIND of bankers can have NO independent ‘value’. Think on this! We now live with a virtual ($) which gets ‘typed’ into a computer account. The unit is ‘valueless’ and has no material existence. I call it ‘imaginary’ and an ‘illusion’ of the mind!

This ‘valueless’ dollar works to create ‘PRICES’ but a price is NOT ‘value’. Valuation requires that our dollar be tied to some ‘thing’ which exists in space/time. Something material which exists. Historically, the American dollar was tied to gold (for international trade) until President Nixon closed the gold option in 1971. With no ‘tie’ of our dollar to anything material (today), our dollar can NOT ‘value’ anything. What does this mean going forward?

The American dollar merely gives products a PRICE which is a manipulated number within the computer screen. All our goods which are exported to various nations receive a PRICE (in our virtual dollar) but there is no objective VALUE given to these goods (this also goes for our imports). We import products with a virtual dollar which is tied to nothing (our dollar has no ‘thingness’). This makes our dollar ‘imaginary’ and an ‘illusion’ of our mind. Are you AWARE of this?

All goods and services are now ‘PRICED’ with virtual currencies (globally) and this PRICE (given to a good) is a manipulated number derived via an algorithm. Algorithms are now the tool for PRICING most goods and services on this planet. Algorithms, however, can not give a VALUE to these goods/services as the currency being used for ‘valuation’ is virtual and ‘valueless’ (the currency is a unit of nothing). Think on this! Our dollar is a ‘valueless’ unit of nothing living within us (our consciousness)!

The real purpose for trade with another nation is to give ‘value for value’. This requires a currency which (itself) has ‘value’. A currency must be ‘tied’ to gold or silver if it is to have any ‘value’. Gold and silver are still viewed as material objects which have (are perceived as having) independent VALUE. Value is a subjective concept of my/your mind. So to ‘value’ goods/services in the marketplace we need a currency which is PERCEIVED as having some ‘VALUE’. Historically, gold and silver served this role.

Historically, gold and silver have been PERCEIVED as having ‘value’. China stores gold as China perceives that gold has some ‘VALUE’. Russia stores gold as they also perceive that this commodity has some ‘VALUE’. Countries all around our planet are accumulating GOLD/SILVER as ‘stores’ of value. Perception is reality within international commerce. As long as gold and silver are PERCEIVED as having ‘value’ they work as STORES of VALUE.

What happens when our virtual markets decline and crash? What happens when the manipulated PRICES given to assets, commodities, and products decline in ‘price’? Think of real estate properties! What happens is that investors will desire some item which is material and which is PERCEIVED as having a STORE of value (after the crash). A virtual currency (like our dollar) can have NO ‘value’. It is imaginary, inner, and metaphysical. It has NO existence within our space/time universe (as an independent object). Virtual currencies are mere UNITS of my/your CONSCIOUSNESS (our inner self). They are fake and an illusion of our mind!

Anyone with some common sense can recognize that all our virtual currencies DISAPPEAR and VANISH when markets crash and when prices decline. Price is NOT ‘value’. Price is merely a NUMBER given to an item by our computer driven system. Today, prices emerge from ‘algorithms’. Algorithms create prices for nearly every product in our marketplace. We live with a computer driven system which operates via algorithms. Algorithms execute trades and they also provide PRICES for nearly all products. PRICE, however, is NOT ‘value’! And Value is NOT ‘price’.

Our marketplace today is a corrupt system as all prices are rigged and manipulated (mostly by our central planners using their algorithms). Our central planners trade all our markets with their own software and they use algorithms to execute their trades. Think on this. There is NO ‘value’ today for any product or service. All centers around PRICE and price derives from computer algorithms. Machines price a product and all prices are manipulated, rigged, and administered (via machines). We have no real Capitalism today. Our markets are algorithmic, manipulated, rigged, and planned by central planners (operating behind closed doors).

Our FED is the biggest manipulator of prices as they have unlimited virtual digits for trading these markets. Why does our stock market never correct? Could it be because these stock markets are rigged and centrally planned? I think so. There are no real markets today because we have NO VALUE (independent of the currency unit). To VALUE a good we need all currencies TIED to some ‘thing’ which is perceived as having VALUE. History has adopted GOLD and SILVER as these ‘things’ which are perceived as having VALUE. The American constitution also still views gold as our official money.

The wise are now ACCUMULATING physical gold and silver as a STORE of VALUE. When our virtual currencies crash and burn (soon) then people with GOLD and SILVER will have some item which they can BARTER. They can barter with gold and silver as these precious metals are still PERCEIVED as having ‘value’. Think on this! Price is NOT value. Value is NOT price. Only material objects from nature can serve as items having VALUE. All virtual currencies DISAPPEAR and VANISH when our markets decline and crash. Is it time to own some gold/silver? I think so!

Have a good day and an enjoyable holiday season. Remember that VIRTUAL means imaginary. Virtual means inner. Virtual means an image within one’s mind. Virtual means that a good priced in this currency (of the mind) will eventually decline to nothing. At least gold and silver EXIST.  They can serve as a STORE of VALUE (after a market crash). Virtual currencies do NOT EXIST. They can not serve as a STORE of VALUE as the units VANISH/disappear during a crash. Amazing. Enjoy this day! I am:

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December 16th, 2019

Posted In: Kingdom Economics

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