Thursday 6 March 2014

Money versus Currency


Explaining that money is unreal, imaginery, intangible

Much confusion exits about money and currency. (Note the color assigments.) As you have no doubt figured out, the IBLs (International Banklords) like it that way because it blows out a natural smoke screen that plays right in to their greedy pockets. Farmers Credit Tickets was left as simple as possible to make it interesting for you. Its purpose was to get the basic idea of money across to you. The two concepts are
1. Money is unreal, meaning imaginary, intangible.
2. Currency is NOT money, but merely represents money.



1. Money is unreal. Money is imaginary.
That is the first concept to grasp.
Unreal means imaginary, meaning it can not be held in your hands.
It is absolutely imperative that you understand that money exists only in the human mind. You can not hold money in your hand, not you, not any one. Money exists as an unreal concept to enable us to run our economy easier. Money must only represent the value of human labor (including services) and the natural resources labor touches. (See MEL.) Being unreal, money can NOT be printed.



2. Money is NOT currencyCurrency is NOT money.
That is the second concept to grasp. Currency merely represents money.
Since money is unreal, it would be convenient to have something real to represent it. We need something we can get our hands on to use in our daily lives. So, we used our human mind and invented currency to represent money. Now we have something real that we can hold in our hands and use to exchange value. But beware of a pitfall. It is much too easy to start calling currency money, and that is where we get into a heap of economic trouble. People get to thinking that printing currency is printing money, but that is far from the truth. Printing currency is just that: Simply printing ink on paper.
Currency is printed on paper or minted from cheap metal.
Money is created, not printed.
We can't print something that is imaginary.

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