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Everything is for the people, they are the source and recipient. It can be no other way. They are the alpha and the omega in an economic system, however that doesn't mean that those at the top by definition should receive more than those who have been placed at the bottom.
Our economy and money systems are far from perfect, but remain the best in the world. If I was in charge I would have given the middle class more of a bail.
I had a coworker who told me that most money doesn't exist, because most of it is loaned with a small fraction actually backed up.
So does this mean government debt and money itself don't actually mean anything?
Most money is based on trust, and has no physical form. However it is backed by the force, strength and security of our Gov't and the productivity of our people.
Almost everything produced and sold in our economy is based upon finite resources except maybe digital content. Digital content can be reproduced at virtually no cost and in essentially unlimited amounts. Digital content holds no value without copyright law authorized and enforced by our Federal government. Money in the modern economy is mainly digital content.
I had a coworker who told me that most money doesn't exist, because most of it is loaned with a small fraction actually backed up.
So does this mean government debt and money itself don't actually mean anything?
The friend is simply referencing fractional reserve methods, not actual money mechanics. There is a wealth of information out there.
It is essentially created out of "thin air", but there is debt attached in that creation. I suggest one go read Modern Money Mechanics. This is a pdf, there are other banking publications that discuss monetization and derivatization, as well. This is really important to understand, next is accounting mechanisms.
Domination is seen through the perception of value in hierarchy and control of such. Successful models do not require domination nor hierarchy. This is most definitely a Male perceptual tendency, however. LOL.
I believe it all to be natural and innate for all the species. Including humans, businesses, societies and countries. And thus currencies. I think it inevitable and plan for it.
Can an organism or group be successful without it? Probably. Maybe you'll give me some examples.
I believe it all to be natural and innate for all the species. Including humans, businesses, societies and countries. And thus currencies. I think it inevitable and plan for it.
Can an organism or group be successful without it? Probably. Maybe you'll give me some examples.
Organism is a good term here to use. Everything is perception. Ones paradigm effects those perceptions.
Are we benefiting the whole or a portion of the whole? Balance in systems is very important for overall health and sustainability.
Open source and the internet are common very successful models that are not about hierarchy or control (central control is the epitome here). Their strengths are in lack of that. They allow for a huge amt of individuals to contribute. This makes light work, creates redundancy, diversity, efficiency and quick robust changes. Not to mention amazing creativity. The end product benefits a much larger group of people, as well.
Organism is a good term here to use. Everything is perception. Ones paradigm effects those perceptions.
Are we benefiting the whole or a portion of the whole? Balance in systems is very important for overall health and sustainability.
Open source and the internet are common very successful models that are not about hierarchy or control (central control is the epitome here). Their strengths are in lack of that. They allow for a huge amt of individuals to contribute. This makes light work, creates redundancy, diversity, efficiency and quick robust changes. Not to mention amazing creativity. The end product benefits a much larger group of people, as well.
Cooperative and collaborative systems are the hallmark of "survival of the fittest". They are responsible for great long term success.
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