Thoughts on Money

Monetary wealth equals Monetary debt

Some Thoughts On Money

• Wealth and debt correspond 1 to 1.
  
  Every dollar (place currency of choice) in wealth is countered by a dollar in debt.
  
  All wealth and debt combine to zero.
  
  

• Every currency bill is an IOU in reverse; if it's legal tender (or perceived as such), you are owed something for it; if not, it would be worthless.
  
  And, of course, to receive the IOU, you have to owe something as well. Wealth is debt passed on.
  
  

• The amount of money must mirror the amount (or rather price) of goods and services available within the area of currency.
  
  

• All goods and services depend on some form of thermodynamics to be generated - mostly by burning carbohydrates, either within living bodies or machines.
  
  

• Which results in industrial societies generating far more debt than agricultural ones (1 barrel of oil is said to deliver the energy equivalent of 25000 hours of human labor; all for the price of 1 barrel of oil).
  
  

• “Eliminating (monetary) debt” means eliminating the same amount of (monetary) wealth, 1 on 1.
  
  

• Which is why it is shunned - despite the big talk. "Repaying" national debt destroys the private wealth dependent on it.
  
  

• Beneficial financial systems recognize this and allow wealth and debt to split even horizontally within a society.
  
  Every thermodynamic turnover will be allowed to generate both debt and wealth, thus, over time, raising the standard of living by creating long - lasting services and goods.
  
  

• The original start-up credit needed by companies to kick- start the economy (i. e. themselves) will over the years (usually within the span of one generation) be passed on to the consumer as consumer credit, where it can never be eliminated, as there is no one to pass it on to down the line (except by force or fraud - which also does not eliminate the debt, but only passes it on, as its elimination would destroy monetary wealth 1:1).
  
  

• However, at some time, debt has to be forgiven, enriching the poor and impoverishing the rich; so, quite unsurprisingly, even bankers who wished to clean their books this way have been killed for such a suggestion alone - and on the very next day.
  
  On the other hand, debt forgiveness enables and incentivizes people to freeload on others; reducing the access to loan and credit may be a solution - which then blocks the path of the desired transfer of credit.
  
  

• Over time, all beneficial financial systems degenerate into detrimental ones, looking for a scapegoat to pass its debt onto.
  
  

• Detrimental systems split wealth and debt vertically; all wealth to an aristocracy, all debt to the peasant, who will own nothing; in fact, he is owned, as are his children; all debt is eternal and hereditary.
  
  All he can trade in is documents of debt.
  
  This split can be between individuals or groups of them (i. e. countries).
  
  

• There will be no jubilee year, no release of debt after 7x7 or 49 years, the probably then average lifespan; nowadays it would be 10x7 or 70.
  
  

• What does happen today, though, is that after around the absolute lifespan of one generation - when that goes into retirement - the amount of wealth needed to serve the debt of pensions will not be found, leading to strife, and eventually to artificial inflation by printing IOUs (i. e. more money), and then, if and when the necessary goods & services are depleted, to war; for the danger of money lies in its ability to buy mayhem through debt duty.
  
  

• Usually this takes the form of a (sometimes civil) war in which at least one currency is destroyed, along with physical wealth such as towns and bridges, and vast numbers of humans are killed, which tends to relativize the debt to be erased - and erases it from memory by comparison; and by the suffering deters people from getting any funny ideas any time soon.
  
  

• Remarkably, this (expanded) timeline approximately coincides with the theory of the so-called “fourth turning”, which seems to state that every four generations, or rather every four waves of humans reaching adulthood, (nowadays spanning around 80 years in total), a social turnover is instigated.
  
  

• Be that as it may, once industrial debt has trickled down through society from the top to the (consumer) bottom from where it can not escape, society must find a commonly accepted method to eliminate it - or accept the idea of class permanent individual hereditary debt bondage.
  
  

• Apart from that, the question remains if money is also (or primarily) a metaphysical expression of the debt resulting from the physical loss of any thermodynamic turnover.