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January 10, 2020 | Turn Off the Power and Digital MONEY Vanishes!

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.

Today, at the clubhouse we talked about why our digital money system is unstable and ephemeral. The problem is that digital money vanishes when the power ceases to function. Turn off the electrical power in any community and digital money vanishes. Why is this so? Digital money ($$$$$) does not technically exist as a ‘thing’ (within nature).

Today, our world to going digital. A cashless world is emerging. My country of Sweden is now 98% digital and all physical cash is being eliminated. Many banks no longer allow physical cash transactions. The trend in Sweden is a cashless society where a central authority will administer the digital money system. In Sweden this is the Riksbank in Stockholm.

China is also going digital and this makes the Peoples Bank of China the central authority over all money transactions in China. India is going cashless. Most of Europe desires to go cashless. Africa is going cashless, Latin America is going cashless. And the U.S.A. is rapidly going cashless. Our entire planet will soon be cashless. What does this mean?

This means that central authorities (our central banks) will administer the digital system. The International Monetary Fund (IMF) is working on a digital system for the entire planet. You can read all about it at: http://www.imf.org. Christine Lagarde, President of the European Central Bank, is now speaking about a digital currency for all all of Europe (and eventually the world). Is any of this stable and helpful for freedom? https://www.youtube.com/watch?v=-D9MRkw5wOc

Since digital money is nothing (a unit of our consciousness) it disappears and vanishes when the computer system is down. If I turn of the power to my computer, the availability of my money is gone. I must wait for new power and if this does not arrive I have no money for my economic needs. I am essentially back to barter for my survival. Is this a viable long-term money system for our planet?

I would suggest that a digital money system can not work without a central authority which administers the entire system. I call this central authority the BEAST FINANCIAL SYSTEM. I give you a ‘number’ which becomes your identity symbol for all economic transactions. I control your economic survival with this ‘number’…and the access to the economic system is controlled by this ‘number’ (your identity). Is this freedom or control?

I would suggest that our current system will evolve into a CONTROL system given the nature of our money. Digital money requires central authorities to monitor and administer. These central authorities can control my behavior and my thinking with their central CONTROL system. Digital money will lead us into enslavement to select (unelected) administrators. We all become SLAVES to this BEAST financial system.

So if a central authority turns off the power to my computer system, I become a slave to their control economic system. To access the system I must bow to their CONTROL and their rules. Freedom diminishes and select elites (who I do not vote for) become my master. Is this a system which we desire for our children and our future? Think about what is emerging as I write. Our financial system is becoming a CONTROL system administered by this BEAST called the digital computer. I become a ‘number’ (my identity) and you become a ‘number’.

Is it time to think about a NEW ALTERNATIVE? Do we now need a NEW MODEL for our planet? I certainly think so! What we have today is a fake/fantasy system of mere ‘numbers’ and ‘symbols’ ($$$$$) which become our master when a central authority emerges to administer this CONTROL system for the world. Give this some reflection at your leisure.

Have a great day! I am: https://kingdomecon.wordpress.com.

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January 10th, 2020

Posted In: Kingdom Economics

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