“What do you mean – ‘Money isn’t real?’” I hear someone cry.
Well, if the financial and economic devices that government and the banks use such as deposit multipliers, quantitative easing and being able to call up new money on demand don’t tell us that money only has the value we say and believe it has, why not ask yourself the next question ‘How can the value of the money I earn and have in my account change when nothing else has?’
No, the paragraph above certainly isn’t enough to sow any seeds of doubt in the minds of those who are bought into the economic system that we have and believe that they gain or profit from doing so in some way.
But that doesn’t change the truth that underlies the way that money works. Not only in the UK, but in the US and right across what we recognise as the westernised world today.
A massive injustice has been and continues to be inflicted upon many innocent people by a System that has been purposefully designed, created, manipulated and extended, so that those who have control and money can use it to make themselves disproportionately rich through nothing less than the impoverishment of others.
The harm that the current monetary and economic system has created for people is so extensive and the consequences so harsh and far reaching, that the suggestion any person could do such things deliberately or otherwise to other human beings, and then sleep at night, does seem to be simply too hard to believe.
That disbelief is one of the reasons that so many of us still believe that money is real and that the way the economic system works is normal or just the way things are.
It also helps us to believe that the money banks lend us and use to finance our phones, cars, small businesses, houses, credit cards and everything else that we get on credit, is money that has been lent to the bank and was real before that whole process began.
Money, or more importantly, the money system that we have works. Because we believe that this is how money works.
The majority of us simply accept our understanding of money at the level of its transactional value. Rather than money itself being part of the very elaborate and deliberately complicated system that sits behind it.
The Money, Financial and Economic System we have requires much patience, understanding and open mindedness, before there is any chance of understanding how it all really works.
It was the ability to create money in the way that government and bankers simply print the stuff today, but make it look like something very different, which inherently made life something that increasing numbers of us can no longer afford.
‘Finance’, ‘leverage’, ‘venture capital’ and any one of a number of different ‘lending vehicles’ that now exist have enabled people who are favoured by The System to buy up property, the ownership and control of businesses and all sorts of different infrastructure that is essential to help with basic life. Just so that those same sources can charge interest and increase profit margins, making themselves and their businesses richer and richer, whilst they take ever more control of everything in life that counts.
Its not a question of legality. Not that legality itself can now be relied upon or trusted to make anything morally or ethically right.
The way The System has been constructed and developed has ensured that through actions such as deregulation and use of the civil and commercial courts, has meant that in terms of The Law itself, and the way that we have all historically paid deference to it, the whole process and everything that has happened to others so that some could become very rich has been legal and above board.
There is plenty of information available online if you would like to get an idea of what really happens behind the scenes and watching a film such as The Four Horsemen may be a good place to start.
However, the debate, discussion, argument or indeed truth about how money really works isn’t why I have written this blog.
I have written this blog because when you, I, anyone or everyone can accept the way money works today and the impact and influence it has on all parts of life, we must then also accept that money only works as it does and the few are only able to do the things they are doing to many others using money, because the way that their money works is what we believe money to be and what we consider to be normal about money.
The way we think about money isn’t normal. But it helps some to get very rich and very powerful for us to believe that it is.
Acceptance that money isn’t real and that the money system we believe in is the only way that anyone could have gained the wealth and control that they have, also brings with it a very different perspective on the role that money plays.
Because the recognition that money has no value means that every financial transaction that we engage in is based upon nothing more than belief.
If everything we ‘buy’ and therefore ‘exchange’ is based upon a transaction of belief, it means that unless there is some benefit to others by there being money or a recognisable currency of some kind made necessary for the completion of that transaction, we don’t actually need money of any kind to engage in the reasoned exchange or transaction of goods, services, employment or indeed anything else using money, at any level or in any way.
Money or the money system that we have has been created and used to exploit, enslave and cheat us all, as if life can be treated as if its just one giant Monopoly game.
We have a choice for the future: Money or People?
What will you choose?
Adam Tugwell 