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Money, itself, is broken.

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Kiarra Steele
My Best Friend Is An Emu
Get Jiggy Wit It
#1 - 2013-06-21 23:50:58 UTC  |  Edited by: Kiarra Steele
A People without physical boundrys...
A people together for the good of the people.
A world not divided but united.
A world without money or greed ?
Can you imagine it ?


Money is broken on a fundamental level:


Money is intended to be a token of trade It would represent 1=1 of what exists if it worked as intended, but it does not.


Example:


I exchange with you one unit of currency for one unit of any commodity.


Now if that token of currency trully represented the comodity exchanged, then, it would dissapear from existance when the unit of commodity is consumed. Instead it remains.


What happens is the Commoditys of the earth are consumed and removed from the human domain whilst the currency grows and grows , ever more disrepresentative of what exists.


Money does not do the job it was *pretended* to do. Therefore Money is BROKEN !!

Long live the Human share !

...

 
stoicfaux
#2 - 2013-06-21 23:53:20 UTC
Perception trumps reality.

Also, you entire line of thought presupposes that value can be agreed upon by everyone. Which is why it fails in the real world.



Pon Farr Memorial: once every 7 years, all the carebears in high-sec must PvP or they will be temp-banned.
Hicksimus
Torgue
#3 - 2013-06-21 23:55:02 UTC
Nominal value?

Recruitment Officer: What type of a pilot are you? Me: I've been described as a Ray Charles with Parkinsons and a drinking problem.
Samuelem Veterani
NEW PLAYER COMMUNITY
Ranger Regiment
#4 - 2013-06-21 23:57:00 UTC  |  Edited by: Samuelem Veterani
Agreed, yes Fiat money is very bad but this should probably be in OOP or w/e it is


Go watch Money as Debt and Money as Dent II and maybe Collapse


EDIT Might want to look into fractional reserve banking too thats a clever idea if you were the one you came up with it P
Tippia
Sunshine and Lollipops
#5 - 2013-06-21 23:58:12 UTC
Kiarra Steele wrote:
Money is intended to be a token of trade It would represent 1=1 of what exists if it worked as intended, but it does not.
…largely because it's not intended to work that way. At most (and this is still wildly inaccurate), it represents the effort required to create the commodity in question, which does not suddenly become nothing just because a consumable reaches the end of its journey.
Sex Slave Girl
Dragonfire Industries
#6 - 2013-06-21 23:58:13 UTC
Isk, we can't go around it or ignore it.

Unless people will start trading with goods vs goods.

Anyone want to trade 400 Iterons for a Machariel?
Short Stack122
The Scope
Gallente Federation
#7 - 2013-06-21 23:58:33 UTC
Quote:
The New York Fed destroys approximately five million unfit currency notes each business day.


http://www.newyorkfed.org/aboutthefed/fedpoint/fed11.html

money is destroyed....
Kiarra Steele
My Best Friend Is An Emu
Get Jiggy Wit It
#8 - 2013-06-22 00:00:29 UTC
Samuelem Veterani wrote:
Agreed, yes Fiat money is very bad but this should probably be in OOP or w/e it is


Go watch Money as Debt and Money as Dent II and maybe Collapse



Stop using money for trade TODAY !!

Also im sorry for using this forum for discussion but it seems some of the greatest minds of today play eve online and i want to make sure my ideas are shared if not agreed apon.

...

 
Samuelem Veterani
NEW PLAYER COMMUNITY
Ranger Regiment
#9 - 2013-06-22 00:01:11 UTC
Short Stack122 wrote:
Quote:
The New York Fed destroys approximately five million unfit currency notes each business day.


http://www.newyorkfed.org/aboutthefed/fedpoint/fed11.html

money is destroyed....




haha much more is created....... out of nowhere...
Xercodo
Cruor Angelicus
#10 - 2013-06-22 00:03:25 UTC
Conservation of energy

Let's go back to olden times when people would barter with each other's crops.

Food for food.

Both parties would eat the food. In doing so they gained energy with which they can use to work the fields and do it again.

Now let's substitute money for one of them. Food is eaten and money is exchanged for other things such as paying someone else to work the fields. See? Still same energy coming out.

The creation of money isn't forever. Old bills will eventually get recycled. Inflation isn't forever.

The Drake is a Lie
Princess Saskia
Hyperfleet Industries
#11 - 2013-06-22 00:05:13 UTC
TLDR: Went full ******.

 ♥ 
Kiarra Steele
My Best Friend Is An Emu
Get Jiggy Wit It
#12 - 2013-06-22 00:07:16 UTC  |  Edited by: Kiarra Steele
Samuelem Veterani wrote:
Short Stack122 wrote:
Quote:
The New York Fed destroys approximately five million unfit currency notes each business day.


http://www.newyorkfed.org/aboutthefed/fedpoint/fed11.html

money is destroyed....




haha much more is created....... out of nowhere...



In 1942(ish - in Socialist Germany) a loaf of bread cost so much money you would need a wheelbarrow to carry all the money to go buy the thing.

Yet we continue in our arrogance to think we are better than those who failed before us and commit the very same mistakes/ atrocirys ?

...

 
Lykouleon
Noble Sentiments
Second Empire.
#13 - 2013-06-22 00:07:59 UTC
Bitcoins, man...bitcoins.

Lykouleon > CYNO ME CLOSER so I can hit them with my sword
Kiarra Steele
My Best Friend Is An Emu
Get Jiggy Wit It
#14 - 2013-06-22 00:08:01 UTC
Princess Saskia wrote:
TLDR: Went full ******.



I forgive you ..in about 20 years time when you catch up.

...

 
Lady Areola Fappington
#15 - 2013-06-22 00:08:29 UTC
What is this I don't even...


Congrads OP, my brain is fried. In order to get back to normal, I'm gonna have to gank some miners. Their blood is on your hands.

7.2 CAN I AVOID PVP COMPLETELY? No; there are no systems or locations in New Eden where PvP may be completely avoided. --Eve New Player Guide
Kiarra Steele
My Best Friend Is An Emu
Get Jiggy Wit It
#16 - 2013-06-22 00:14:10 UTC
Xercodo wrote:
Conservation of energy

Let's go back to olden times when people would barter with each other's crops.

Food for food.

Both parties would eat the food. In doing so they gained energy with which they can use to work the fields and do it again.

Now let's substitute money for one of them. Food is eaten and money is exchanged for other things such as paying someone else to work the fields. See? Still same energy coming out.

The creation of money isn't forever. Old bills will eventually get recycled. Inflation isn't forever.



No the money is an interjection of fallacy and is evil. Broken from day one. Moreso once inflation is implyed apon it.


Money is like water:

When in an ice state Money = Commodity

When in a Water state Money= Money*inflatated state. based apon economy of trade and population. Disrepresentative of what exists but still workable.

When in a Gas state (as it is today) Money = Money Completley combusted. Completley disrepresentative of what exists and ,thus, allowing the disentrigration of human value apon the planet earth.

...

 
Kiarra Steele
My Best Friend Is An Emu
Get Jiggy Wit It
#17 - 2013-06-22 00:15:03 UTC  |  Edited by: Kiarra Steele
Lady Areola Fappington wrote:
What is this I don't even...


Congrads OP, my brain is fried. In order to get back to normal, I'm gonna have to gank some miners. Their blood is on your hands.



*Smiles* The more miners ganked the greater my share of the profits. Gank on my son, GANK ON !!

...

 
Unsuccessful At Everything
The Troll Bridge
#18 - 2013-06-22 00:16:46 UTC
Not so stealth "Things cost too much' thread.


Actually...there wasnt anything steath about it at all....it was rimmed in neon and strobe lights with a cat yeowling into a megaphone on top of it while a parade was being thrown in its honor during a bjork concert.



Come to think about it....the cat yeowling into a megaphone may have actually been the bjork concert.....

Since the cessation of their usefulness is imminent, may I appropriate your belongings?
Samuelem Veterani
NEW PLAYER COMMUNITY
Ranger Regiment
#19 - 2013-06-22 00:18:04 UTC  |  Edited by: Samuelem Veterani
Kiarra Steele wrote:



In 1942(ish - in Socialist Germany) a loaf of bread cost so much money you would need a wheelbarrow to carry all the money to go buy the thing.

Yet we continue in our arrocance to think we are better than those who failed before us and commit the very same mistakes/ atrocirys ?





I could not agree more but this is how its meant to happen though isn't it ? thats the plan!!
Kiarra Steele
My Best Friend Is An Emu
Get Jiggy Wit It
#20 - 2013-06-22 00:22:39 UTC
Tje value of a product is not in question, strech your mind further from your programming, the very act of exchanging a token of trade in place of a consumable and finite object is in question; AND the way in which that token of trade is manipulated to the benefit of those who did nothing to earn that token of trade besides stand between good men.

...

 
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