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The Money PSYOP

 Rev.1.0. 

How the Current False Science of Money has us lose sight of true value.

By Marc Gauvin

Copyright © August 2012

In Support of the Passive BIBO Liquidity Project

www.bibocurrency.org

Simple Circular Architecture of the False Science of Money:

Step 1.             Create a belief system whereby people accept that the value of goods and services, can be “carried” in units of an arbitrary object or even symbol, by emphasising the buyer “giving up” units of cash (or subtracting positive entries on account) while the seller receives the units as if these were a prize.  The intention is to make money seem like the reward by downplaying the fact that in the past, ALL buyers must relinquish wealth in order to obtain units in the first place.  A reward is something given above and beyond what was received.  Money at best is a promise to redeem what was already forsaken.

Step 2.               Establish a money market. As people become conditioned to accept the fallacy of money “being” of intrinsic value, then they will accept the notion of borrowing, renting, buying/selling of it, as well as the notion of the need for money to “circulate” independently of any commensurate circulation of wealth.  That is people will establish money markets.

Step 3.                Rationalise the practice of paying interest as it creates a perpetual demand for units that is independent of a demand for wealth,  as well as establishing a mechanism of concentration of the debt of many owed to the few.

Step 4.             Make the state endorse the unit as the commodity of commodities.  Have the state endorse the unit as legal tender i.e. legally decree it as payment for all and any debts particularly public debt.

PSYOP Architecture Summary

A healthy system of receipts of an abstract measure of the relative value of wealth is distorted into an illusion in the minds of users that money has inherent value, by emphasising the accumulation of money as a prize when in reality money is not a prize but rather is a receipt for the value of wealth relinquished in the past.  This primary illusion is then fortified by establishing a “money market” that establishes a “circulation” of money when in reality it is nothing more than an annotation of value.  Application of Interest maintains demand for money but dislocated and independent from any demand for real wealth and provides a systematic means by which the debt of many is owed to a few.  Finally, the grand illusion is sealed by having the state endorse it as “legal tender” so that it will be accepted universally for payment of all debts, making money appear as the mother of all commodities.  

Interest the Achilles Heal of the False Money PSYOP:

The role of interest in establishing the circular logic of the PSYOP is clear, interest makes money scarce and therefore money is scarce, you can’t get any more circular than that.  However, once the legitimacy of interest is debunked the whole PSYOP comes apart. 

The mathematical proof that interest is inherently unstable here, leads to the proof that transactions based on interest must necessarily systematically modify the ratio of "unit cost: wealth" in an unbounded fashion (i.e. growing on its own over time), thus the only logically coherent function of money, i.e. that of a measure of value, becomes systematically undermined too. 

The final blow to the PSYOP comes when it becomes evident that money cannot "BE" the value, if for nothing else its inability to take on the physical properties of what gives wealth its value,  one thing is to represent something and another is to be that thing.  Therefore,  money can only perform one logically tenable function and that is to record/measure value, requiring that its definition strictly adhere to the math of measure and stability that in turn logically precludes the application of interest.    

If money can only function logically as a record of value, then it cannot be scarce and therefore buying, selling, renting and lending it makes no coherent sense whatsoever and such notions are only sustainable in the case that we believe the premises of the PSYOP which we know cannot be true.