Now, before we get started we'd like to make a statement concerning our recent considerable uptick in hits from Russia.
from Russia have been at times 5 times what we get from the US.
Second, we are quite aware of recent allegations that implicate
the CIA in ways of faking the sources of internet hits; in other
words, it only looks like there are a lot of hits from Russia. If
that's the case, someone is reading this, is listening, is paying
attention etc. and of course we can certainly imagine that the
intentions of those who pay them are not in accordance with
anything this blog is about.
an old Italian saying that one isn't doing anything particularly
important if one hasn't enemies. We've stated for public awareness
just who these enemies are. We accuse them as enemies of society, as
psychopaths, as sociopaths, enemies of civilization, enemies of all
authentic human culture and of humanity itself. THEY hate us! We're
just returning THEIR favor.
So those of you who still
work for THEM (globalists, bankers, elites, pedophiles, satanists,
technocrats, scribes, Pharisees, etc.) and might be tasked with
breaking this blog's effort (really easy), you can then blame
yourselves that you must work for such a hateful system, whose global
hegemony shall certainly NOT succeed and the results for you could
get quite quite personal. Want to be one of THEIR losers? THEY
treat people like toilet paper, do you know that? THEY owe you
nothing for following THEM. When THEY'RE done with you, you're
disposed of. Look at the current record before our eyes. THEY run a
huge racket and you are just a stooge if you work for any of
If on the other hand, there is genuine interest in this
blog's proposal from sources within Russia, then we'd suggest that it
all stems directly from a recognition of the basic natural law of
LIFE, LIBERTY (or freedom which does not have to ask permission from
any arbitrary authority imposing his will -stolen fiat money-
on the rest of us) and PROPERTY; that there is someone that OWNS
something and has DIRECT responsibility up to the extent of his/her
An objective criticism of the role states have been FORCED to play in perpetual debt slavery to the source of all money, the banks, is the means (passage) to the root of the evil social machine that rules us all. The invention itself, money, is not evil. The LOVE of money is the root of all evil. It's THEIR machine that is built on errors, that is evil. Hence, those expecting any relief from “monetary reform” etc. of THEIR machine are … polishing turds.
proposal outlined throughout this blog is entirely different; like
calling a spade a spade, calling a piece of paper with letters and
numbers on it YOURS rather than THEIRS and doing that exercising
your own individual will against THEIR impossible, grandiose,
imperious and criminally insane propositions for worldwide control.
We begin with a conversation between a few men, we'll call two of them George and Daniel:
George “Reducing human behavior to economic interactions is Marxism. As in, it's literally Marxism.”
Note an ism with the ideas of Karl Marx, an itch, Marxism, the platform of the ruling class devised and paid for by bankers whose interests were class and certain racial dominance. Notice: THEY project racism, sexism, etc. on all THEIR adversaries while THEY practice these themselves as an entitlement to power! Oh and of course all the informed know that Marx was a British agent too. Yeah it DOES go that far back. Espionage (spying) goes back into prehistoric times. I suppose it derives from our not being clairvoyant and our habit of gossiping and then of course one has blackmail and all the rest of the ways THEY secure control over … the world.
Daniel “All human behavior is economic. Econ is the science of human action.” (Pure “Austrian” school rhetoric: these believe themselves to be the only valid economics: pompous asses!)
Is George interested? If not, why not?
George “So keeping a diary is economic is it? Absolute drivel. The idea that humans are rational economic actors is one of the biggest lies ever peddled. This is just mono-mania; attempting to subscribe one root cause to 'all things' in a futile attempt to understand or worse control them.”
Yes, we emphasized these words as they seem important, not just to George. Yes, it was peddled and most gulp down gleefully as if they now know something.
Daniel “As opposed to irrational actors? How would such a person even behave?
Well, Daniel, you see them everywhere; people who deliberately, or seemingly so, make poor decisions regarding their future health, safety or longevity, so irrational action IS a reality that can't be thoughtlessly discounted.
George “There is a deep irrationality at the heart of man. How long has 'rationality' even been a concept? 400 years?”
AND one can by no means ASSUME that all people are capable of rational conduct at all times; during all waking hours, etc. When it gets bad enough, in civilized places, they are institutionalized (another social machine) and in more rustic places, they may be simply taken off somewhere and killed. Some societies regard it as a “weeding out process” and again in case people have any other ideas, once again whatever law is stated (jurisdiction), that law becomes FORCE, just as M. Bastiat has said.
Daniel “Asserting things without evidence, or even logic and reason, is a great way to get thrown out of a helicopter.”
George “Nice try lad.”
Daniel makes reference to something from a recent motion picture mystery adventure or something. Steve having heard from the start comes up and says,
Steve “Every action seeks profit. All human action is economic behavior.”
George to Steve “No it doesn't. What absolute twoddle. I hold my girlfriend's hand for profit. I eat apples for profit.”Steve “You're seeking some better circumstances, situation or position at all times.”
George “No I'm not. You lunatic! I hold my girlfriend's hand for the moment.”
What does George not want to accept and why? Economics, which derives from the idea of household management, devolves to discussions of the flows of money: any activity involving money and its exchange for goods and services, enhancing a kind of crass commercial overlay to everyday life so it is cheapened into mere monetary evaluations, buying and selling, pimping and pandering, hoping to move product, etc.
Economy = co-money!
If George was an actual owner of his local Valun exchange and a part owner of the international committee empowered by him to assure the basis to the money he issued himself through his own efforts, perhaps his attitude would be different. He'd be looking at his own money in his wallet for instance. But we have news for all of these men and any others (women too): we agree with George! We openly RESENT this deliberate crass commercial overlay on everything, we recognize that the money we use doesn't stem from us, that it is but parts of another social machine we use that in fact belongs to THEM. There's nothing particularly special about anything that's THEIRS. In fact, this blog exists because we can and would be best served, building and maintaining our own machine. Gabriel walks up and says:
Gabriel “ "I hold my girlfriend's hand for profit." Yes. You hold her hand to add utility to your day. To feel good. AKA profit."
Utility: usefulness, as in being utilized. Now THAT's crass. Do monetary profits make one feel good? Maybe they might. But more to the point, adding utility does not always require any outlay of money. So this is where we insert our precise definition of work.
To us, work is only the time out of the rest of your life, not ALL of your life for the use of which you are paid in money, sorry. Sorry, we will NOT choose to be dominated by money or merely monetary affairs or ideas, whether that be our money or THEIRS. Whatever you do with the rest of your life is your business. THAT is what freedom in essentials is all about. We DO seek to further and enjoy all of our lives. We don't even seek to make any points about whether you are rationally seeking to “profit” or better your position during every waking hour, whether being paid for, or not. George affirms this:
George “There's no 'seeking of better circumstances'. “
Steve “Why are you trying to convince people they're wrong? Psychic profit?”
Daniel “ "Profit" doesn't just refer to money. It has no objective value. Only the human mind evaluates anything. “
Well now! Let's examine this. The first sentence may be correct but it doesn't discount modern usage, which in 9 times out of 10 cases DOES tie the word profit directly to money. Remember, we are maintaining throughout all of this that we are all subconsciously aware that all money is THEIRS not ours and that we feel (however unconsciously) that it is all DIRTY and usually EVIL. Since it really isn't ours, why would we feel particularly good about doing anything with it but spending it for the things that demand it?
George “You're just widening the definition of profit to be all encompassing to try and sound clever. You don't sound clever. Happiness = profit, Pleasure = profit, Human warmth = profit. “
Daniel “Do you not value having this conversation over not having it? If you didn't, you wouldn't be here having it.”
George “Oh so value = profit too now?"
So is value = profit? The others sure hope George will profit from it, but George sees it only as cheapening his life. We're going to come back to this with an unusual answer later.
Gabriel “Yes George. That's how economists have been defining profit since day one.”
And Gabriel, aren't you old enough to begin considering why so many economists have towed the same line for so long? You assume it's because they're right? Why isn't it more correct then, to take George's side and limit the expropriating of just about everything casual in life for crass commercial interests that we all recognize as foreign to us or outside of our own circle of interests or of our own families and communities? Just because something goes on for hundreds of years does NOT make it right, or applicable, or efficient, or just, or anything else. Such considerations were amazingly rarely if ever broached. Centralization of power … the taking over the world by a group of supercilious criminals … is the best case in point, which this entire discussion intends to sideline.
Daniel “All of greater marginal utility to the individuals that seek them than the alternatives. Hence, economics.”
George “No, hence warping words to suit your argument.”
Gabriel “Yes, George. Adding value = Profit. Good job on learning econ 101 today.”
Patronizingly pats George on his shoulder.
Steve “I'm just going to quote von Mises out of Human Action. Since it's clear cut.”
Oh sure, just give us more of THEIR econ dope!
George “So, to reiterate you believe all human action is rational in the pursuit of 'profit'? Profit basically meaning whatever you want it to mean in the context of the situation. Lol.”
Gabriel “ "Action attempts to exchange a less desirable condition for a more desirable one, and costs are incurred to achieve a goal. The difference between the value of the costs and of the goal is called PROFIT" “
Joshua “It's not that hard.”
George “It's not that simple.”
Gabriel “George please give a different definition of profit if you feel this one is bad.”
Steve “Profit, in a broader sense, is the gain derived from action; it is the increase in satisfaction (decrease in uneasiness) brought about; it is the difference between the higher value attached to the result attained and the lower value attached to the sacrifices made for its attainment; it, in other words, yield minus costs. To make profit is invariably the aim sought by any action. If an action fails to attain the ends sought, yield either does not exceed costs or lags behind costs. In the latter case the outcome means a loss, a decrease in satisfaction.
Profit and loss in this original sense are psychic phenomena and as such not open to measurement and a mode of expression which could convey to other people precise information concerning their intensity. A man can tell a fellow man that a suits him better than b; but he cannot communicate to another man, except in vague and indistinct terms, how much the satisfaction derived from a exceeds that derived from b.
In the market economy all those things that are bought and sold against money are marked with money prices. In the monetary calculus profit appears as a surplus of money received over money expended and loss as a surplus of money expended over money received. Profit and loss can be expressed in definite amounts of money. It is possible to ascertain in terms of money how much an individual has profited or lost. However, this is not a statement about a social phenomenon, about the individual’s contribution to the societal effort as it is appraised by the other members of society. It does not tell us anything about the individual’s increase or decrease in satisfaction or happiness. It merely reflects his fellow men’s evaluation of his contribution to social cooperation. This evaluation is ultimately determined by the efforts of every member of society to attain the highest possible psychic profit. It is the resultant of the composite effect of all these people’s subjective and personal value judgments as manifested in their conduct on the market. But it must not be confused with these value judgments as such.
We cannot even think of a state of affairs in which people act without the intention of attaining psychic profit and in which their actions result neither in psychic profit nor in psychic loss.”
So those paragraphs are typical of an “Austrian” economist. Steve tries to make the profit to life overlay less crass, but sorry (not really), it can't be done because as McLuhan would have said, “the media is the message;” it's always been THEIR money, not ours, it is something foreign that did not arise directly or stem from us, that is an invention we are FORCED to use and that we are WELL AWARE profit some people far more than THEY'RE worth! George is clearly bored. That “Austrian” windbag probably put him almost half to sleep:
George “It's far too broad. As I said it's mono-mania. You're foolishly attempting to reduce all human motivation to one motivator.”
Steve “KO!” (knock-out)
Daniel “ *helicopter idles softly in the distance* “
Joshua “Replace the word 'profit' with expectation (with respect to the difference between value and costs) if you're having trouble. People act with the expectation that certain conditions will change by their action. This is a tautology- it is the definition of action.
Anything in the universe can be a motivator, but to become action there must be some expectation in the mind that the action in question will achieve the motivated end.”
Honestly men, you're giving the average man or woman far too much credit -and most now have headaches from what you tried to explain to them, because they are fighting what they instinctively know is a foreign viewpoint to their own lives. Most if not all of most actions are automatic and most people would prefer them that way, therefore the entire maximizing utility at every moment concept as a natural rule of life for the average person is sweatshop bondage of the mind to elements promoting THEIR social machines and THEIR social agendas, whereas the vast majority would prefer not to be FORCED to live by much of either. Many are so convinced that money as a human invention is at fault and are prepared to jettison it for almost anything else. It's not the invention itself at fault, it's who gets to issue it, stupid! We need our own money.
Let's take this from the top: “profit is not a reduction of human behavior at all” is like someone slapping you and then telling you they didn't do it. We all know that is what it was too. Profit IS the REDUCTION of human behavior to serve the acquisition of more money as a drive. Is it a valid one or even the most important? How best to waste time might turn out as important, as in extending one's probable lifespan through reduction of stress.
Daniel “You're proving yourself a crypto-communist, Georgie. Might wanna stop doubling down before you find yourself ejected from a staggering height out of a rotary aircraft.”
Steve “Every individual derives a psychic profit from his actions, or else he would not act at all.”
Oh, I don't know Steve, some people go through a lot of profitless actions regardless of what they expected as a reward.
George “Larping (Live-Action Role-Playing) as some kind of 'alt-right' or God knows what.”
Joshua “Now we see what's really going on.”
Daniel “And he's gone.”
Steve “I didn't even get to wave before you throw him out da choppa."
So what did all this mean? For one thing, you have a whole “school” of thought out there fully prepared to make THEIR “drive to profit” fit right up there with the “right to breathe” AND since most of these fools, YES fools, haven't bothered to think for themselves, it is merely accepted that such things as making money on money without work (capitalism) or states doling out money to those whose fortunes, incomes and futures are destroyed by the capitalists (state socialism) are just natural extensions of the economist's overlay, the “right to profit.”
Whose rights are offended by certain people lending money and demanding the return of that which was never created (usury) or of being able to be lending money one does not actually have (fractional reserve lending)? Sounds like a bunch of people ganging up on someone who does not want to see it their way. And believe me, George is not alone. In fact I'll say once more why this blog exists: we do not want to enshrine any particular one of THEIR economic understandings into anything we do as part of our off-work lives because THEIR system is based on THEIR RIGHT OF THEFT and of THEIR RIGHT OF WEALTH DESTRUCTION. None of the vast majority of the rest of us believes in either of these and therefore those engaged in these activities are considered DIRTY and or EVIL whether consciously or unconsciously, by most of us.
Meanwhile a fellow we'll call Shawn (spelled just like that) comes right up and has this to say:
“The reason why capitalism is evil is because capitalism allows people to amass wealth far beyond that of many of their fellow human beings, which places more and more power in the hands of these wealthy individuals, who, as a result of their increase power over others, become more am more separated from their fellow human beings, and begin to enslave their fellow human beings, and, worst of all, eventually begin to believe that they are superior to their fellow human beings, start to dehumanize their fellow human beings, sending them off to fight in wars were they absolutely would never risk their own lives, in wars to aggrandize themselves ever more causing widespread suffering and death of their fellow human beings.”
Wow, that was a long winded read! Go back and read it again. Now ask yourself how many times you have heard the dialectic of socialism vs. capitalism? Want to feel like being squeezed into a two dimensional reality? This is it and it is of THEIR intention to undermine your own thinking and inspire you to fight for something that THEY deliberately cooked up. Shawn continues;
“These people begin to think that they are elite, special, kings or queens, chosen by "god" . . . . above the laws of nature even. The humans who rule believe that they are "chosen", and that the masses are meant to serve them, and while they pretend to be the protector of the masses, they are actually the exploiters of the masses.”
Yes, Shawn gets it! THEIR hypocrisy unmasks them as the true enemies of all people on earth! THEY have even gotten us to refer to crowds of our fellow humans as “the masses” which is THEIR perspective on the rest of us. We who support THEM and without whom THEY would as good as starve, have the disgusting tendency to look down on everyone else as inferior to themselves since THEY are so rich and everyone will take THEIR money so that everyone can be BOUGHT! Go back and read carefully what we said about the self financing of labor and get that part of the machine fully in your head and turn things around in your mind. It is THEY who need YOU! Since that is the way things are until they aren't, read the rest of this blog and get busy in your own area. Shawn continues;
“Meanwhile, those who are not in the upper echelons of society, as the power of those who are increases, begin to be more and more humiliated, dehumanized, and believe themselves to be powerless to change anything. They believe most readily what they want to believe . . . that god will help them if only they pray more, that their leaders have their best interests in mind, that if called to go fight somewhere, that there must be an enemy, and a good reason . . . . they become so humiliated and debased that they do not even bother to question why they are being sent to their deaths, why they are living in abject poverty, why they have no power whatsoever.”
And then what I am going to tell you is that each one of you has value and since you do, you have the will to work, the will to create, invent, improvise, improve, cause to be erected, enjoyed, be productive, consume what we choose, etc. THEY have no value except to play THEIR financial games; to make money on THEIR money without working. WE are the ones that make and grow things for THEM else THEY would have nothing! So we demand in ourselves and in our own communities a return to the right of free / private enterprise and that certainly includes our own money! Shawn continues concerning the ism, itch, with capital;
“Capitalism brings out the very worst in man by introducing unfettered competition against one's own species, to the point of murderous competition, dehumanization, wars of aggrandizement, wholesale slaughter. . . . destruction of the world as sustenance of life . . . in short, a reality that becomes a nightmare of annihilation, self-destruction.
What did we say? We said that entirely due to the demands of capitalism which is in turn based on USURY (relating to money only: the taking back of that which was never created) that all capitalism ultimately devours its own! What do you suppose all the merger and acquisition business is all about? It's to save as much of a bankrupt or nearly bankrupt company as possible to be devoured and downsized by whatever entity buys it. We are squarely against the whole idea of “public” corporations and they will be kept out of our Value Exchange Network or VEN, the private market in which Valuns will trade. These corporations, “bodies” are supposedly owned by investors who have no direct say in anything the business does. So we're talking about inherently irresponsible organizations that usually foist this lack of responsibility off on the states that charter them. They are dinosaurs and shall go extinct. They are also how it is possible for some people that didn't create or invent anything to profit from it; to buy or FORCE sale of what formerly did not belong to them; yes a form of stealing. Capitalism is STEALING! Free / Private Enterprise is every last one of our birthrights! See the difference? STOP SUPPORTING CAPITALISM! It is against your best interests and will be completely unnecessary once our money gets going. So Shawn continues;
“There is no cure for capitalism, it is a cancer, and the humans who exploit their fellow humans are always the last to admit what capitalism is, because they have benefited so much from it, and generally they will not likely change that view until they are on the cart headed for the guillotine . . . . if ever at all.”
And guess what Shawn: THIS BLOG RIGHT HERE CONTAINS THE ONLY NON VIOLENT WAY FORWARD. So since this is to be our money and social machine, not THEIRS, we start by making our definition of work a boundary that we do not allow a disrespectful crossing. We each hope to work, to acquire wealth as well as building on our innate wealth, to provide an income for ourselves and / or our families, etc. We understand our roles as producers for what we want in return through barter by use of our money to split barter between us. We understand that no money can ever succeed without a standard. We base ours on a FIXED transaction representing a piece of purchasing power that already happened at a specific TIME. No matter how much of our money may be out there in circulation, doing what money does for us, all of it will be defined based on our fixed standard, impervious to THEIR speculative machinations outside our market, the Valun Exchange Network or VEN.
So this exercise concerns only work as we define it and concerns any skills you might be willing to place up for sale using Valuns to measure them. In discussions concerning this concept, the idea of manual labor being cheated was topmost in their minds. I said that I would be willing to teach anyone music lessons for V5 a half hour. A Valun is just now (5/15/17) $2.78 so five Valuns is $13.90 and for a half hour of my time teaching someone a piano lesson, that would be about right. A more advanced student would pay maybe V10 an hour (still the same rate over time) and that's $27.80 an hour which again is about right. Most teachers really like some time in between lessons, etc. and one can only teach a few students a day.
Compare that to any skilled mason's work. If any heavy equipment is involved the costs per hour go right up. If these jobs can fetch $100-$120 per hour, they would have to be valued at between V35.97 and V43.17. So, what do you do when they are not paying that much? You take what they pay you and get paid for the rest in Valuns. That's what everyone does. You no longer lean on THEIR system as much because eventually it will not be there and you will have to have something that keeps ALL OF YOU afloat. That's exactly what OUR MONEY is intended to accomplish.
Since each of you is of value to someone, it's about time to figure out just what that might look like in dollars and Valuns. What's our answer to George not wanting to reduce all of life to the crass profit motive? It is to grab hold of the concept head on: it is to say from now on, that you know what work is and it has limits in terms of your time and will not necessarily influence the rest of your life and secondly that you will step up to it and offer yourself to work for whatever appeals to you for whatever price you can get for your skills for as long in hours per week as you can stand it. From now on, whenever someone offers you work to do something you haven't done before, accept it and be grateful you have the opportunity to experience that kind of work. Whatever it is, you'll learn something.
What I'm saying here by pointing out that every last one of us has value and or potential value is to point out the rest of it: it will be up to us how we decide to live, what our communities look like, what they provide, etc. and THEY with their “great useless plans” will eventually … be consulted far less, if at all. Over the next few weeks I am going to add another series to this blog based on a well known old classic on the subject of success in life. Stay tuned!
Current Hypothetical Value of a Hypothetical Value Unit
[5/23/17: I was asked to comment on the vast numbers of people currently migrating around the world, waves of legal or illegal immigration, as to what causes it and how it can be stopped. It was brought to my attention that many had interpreted the proposal's domicile provision -to be a member / owner of any proposed Valun Exchange one would have to be legally entitled to be living there- as an attack on immigration. All exchanges are intended to serve geographical communities. The proposal is an overlay of current political borders. Within the US and UK it would be the counties, within France, the departments, and so on; always LOCAL. The focus is from the bottom up, not the top down, as in THEIR system.
The individual, specifically the Jon and Jane Galts in each community, the leaders of local societies around the world, then their families and extended associations. This is how the proposal would naturally spread. Some have indicated to me that we'd need this WHEN the present system fails. NO, we need this up and running NOW, BEFORE THEIR system fails. We have told you all that confidence in our machine and adequate experience actually seeing it run is something we need to be prepared to assume as THEIR system must and will inevitably and ineluctably fail. We got ourselves into this situation by NOT considering the accounting for money as important as the circulating tokens themselves.
THEY of course don't value us except, as I shall explain, as sources of exploitation. THEY want us all anonymous and increasingly want women and children subjugated and brutalized. We on the other hand, want everyone to be exalted as far as their natural gifts allow them. We describe that emphatically as one's innate wealth from which an income is possible.
So, we would contend that the reasons for all this mass immigration is the result of direct actions by THEM and we hold THEM responsible for all of it! THEIR deliberate displacement of people through wars, wars and more wars. Kill, kill, kill and more killing. As we have pointed out, THEY want you dead.
This proposal is our answer. None of us would prefer to die. Most of us would prefer to live and thrive wherever we are -AMONG OUR OWN PEOPLE- and be left alone to ply our natural trade with everyone else. THAT is natural democracy and doesn't require much of a governance; a regulation (recognition by a king/queen) of the mind, whether that be of the individual mind, the family or village mind or the national group mind. We're about reducing all of that because all of that COSTS us more than just more of THEIR money. IT COSTS US OUR LIVES! Because we have no recourse but to THEIR money, THEY (through stolen fiat) have THEIR will suppressing and dictating down to ours.
So what are THEY looking for? Rents. THEY want everyone to rent from THEM as the universal owners of everything; communism or a return to feudalism. Who stands in THEIR way? Anyone with a middle class outlook, anyone that knows and understands the basic right to FREE / PRIVATE ENTERPRISE. Notice we did NOT say capitalism, because capitalism, the ism with capital, is THEIR creation, and not identical AT ALL with the right to go out and earn one's living. What did Karl Marx regard as the barrier to human progress? The middle classes; the bourgeoisie. Who paid him? The bankers! No banker makes as much money lending to a middle class homeowner than lending to a big “public” corporation or a state. Are you getting it yet?
Know your enemies: globalists, bankers, elites of all kinds, pederasts, all Luciferians, most technocrats, most scribes (people who write for THEM including lawyers and judges) and Pharisees (THEIR bought and paid for politicians). Who are your friends? Start with your local community, all the people one might have attended school with, your families, your extended families, etc. Read this whole blog, as much as doesn't make you sleepy and get the vision of having your own money and never ever being bought by another again! Want to end poverty and war? Why wait for states to accomplish what your enemies only live to deny you?]
[7/6/17: I was asked once and for all to tell everyone what the current ultimate high value for the Valun would be. The reason for this is bitcoin. There is NO comparison between this blog's proposal and bitcoin: none! The proposed Valun is NOT a "buy and hold" investment as bitcoin is actively being used for right now. There is NO planned or contemplated way back from Valuns into ANY of THEIR money including silver or gold. But the question was asked and here is the succinct answer:
The proposed Valun is a piece of purchasing power that is equal value for value with the US dollar price of a standard 1 oz. piece of common gold bullion on November 2, 2011 a good day to remember. On that day the piece of purchasing power was $2,160 to hold an oz. of gold in your hand. We divided that by a thousand and that's your Valun. At inception it was $2.16 but gold is not as valuable as it was then so it takes more gold to purchase the same piece of purchasing power. Right now $2.79 a Valun means that the same piece of purchasing power that we will use as our standard now costs around $2,790 not $2,116 as at inception.
So what happens should either gold or silver become worthless? Such a thing may not be possible as the dollar will never outlive gold or silver. Gold and silver are elements, commodities, things that are mined. They are metals with other uses. If silver were in such tremendous scarcity, bodies of water where it was known vast quantities of silver were dumped would be mined, etc. But the hypothetical question: what's the value of your piece of purchasing power should gold go to zero? The answer is $4.32 = V1 with gold = $0 on any date hereafter. There is no magical speculative top to any Valun. There are no possible bubble highs for any commodity that can be speculated upon. The proposed Valun is NOT a buy and hold investment like gold or silver or bitcoin or anything else people think they are getting into that is not THEIRS. Baloney! THIS right here is the only authentic alternative and it is so powerful that it will turn over THEIR tables were it accepted as based on the OBVIOUS FACTS as it is.]
Q: If you define profit as earnings greater
than costs, earnings and costs itemized based on the various prices
of products and services exchanged, then in the aggregate, there is
no such thing as profit, right?
We'd accept (believe it is correct) your definition and understanding
of profit as earnings
(revenue, income) greater than costs. Profit is a recognition of
value added in any transaction involving movement of product from
inception to eventual sale and perhaps in only some cases from thence
through whatever secondary market one might use to procure used
goods. In our proposal, since accounting is essential when it comes
to ANY and ALL money, whether the tokens are made of precious metals
or not, we have included an extra feature in all B member business
accounts; the retained earnings balance.
Valuns on account (no interest is allowed or paid either) allows a
company to qualify for more credit, to handle transactions involving
payroll as well as any other recurring credit needs of an ongoing
business. We would also encourage businesses to consider floating
Credit Contracts (by our definition, borrowing Valuns from
other members by the year – BILLS – out to 7 years – NOTES –
or out to 49 years - BONDS) within our market for using Valuns.
Since our proposal does not allow anyone to loan money they do not
have and paying back that which does not exist and was never created
is disallowed, and compounding is certainly disallowed, everyone must
pay their rental fees up front from existing Valuns. How much could
those be? The market will determine that. If rental fees are too
high as a percentage of money to be lent, then the resistance to
price is the limiting factor as it is in anything. In fact, there
will be less open debt in a Valun system and it will all be paid off
more easily since the costs of incurring debt must always be paid up
One is never actually borrowing V100 from anyone as
there is a rental fee and a transaction fee to be paid. The
transaction fee is always one tenth of one percent
which is V1. Then let's say the loan fee is 10% and you must pay it
off within the year; a BILL. The fee is V10 which must be paid up
front. So how much money did you borrow? Only V89. To those who
imagine accounting doesn't matter, let them consider the differences
between paying the costs up front vs. paying them from that which
never existed as we routinely have going on today.
maybe this is not a good definition of profit. Profit is positive,
Yes, profit would be
positive and your definition of profit is still acceptable.
money is neutral, ya? Going for a good definition of profit, maybe
you can define it as a successfully erected operation that will never
fall. This could be business or personal.
recall that Steve asserted that “Every action seeks profit,” etc.
We like to limit all notice of profit as limited to money and goods
and services sold and enumerated (accounted for) in money and because
we tend to understand and respect George's objections to “economic
man,” we again limit our discussions to work; the time out of the
rest of your life that you barter for other things that make the rest
of your life possible, not just better, but possible, unless you fall
under one of the newly entitled classes of peoples these days.
for the means and terms of the barter, that's what the invention we
recognize as money is supposed to accomplish for us, the split barter
of our time for goods and services. The more time we can work and
the better paid we are for our work, the more likely our lives will
be healthier, happier and longer. There still are no guarantees of
course to anything and each day is a challenge unique to itself;
sufficient is the day to the evils thereof, etc.
value of money itself is not just neutral, it is non existent. It
all represents unsettled barter transactions that are to be settled
in real goods and services and hence and eventually all money dies.
One of the biggest lies ever perpetrated and largely by accident, but
then perpetuated as dogma, was that money was supposed to have some
intrinsi6c value; that it was to be made of something of intrinsic
value, hence a commodity. But then if it's a commodity, that allows
speculators to bet on what that commodity is worth in comparison with
anything else. That's the issue with ALL commodities as money.
The issue was actually the reliability of the money to trade
for things of comparable value over long periods of time. Such
things as how much was a dozen eggs in Valuns today vs. 20 years into
the future? Well, we don't know that, even though people have been
eating chicken eggs for hundreds of years whether they will be doing
so 20 years or 200 years into the future, but we'll suggest that
somewhere between V1 and V2 or even between V1/2 and V1 might be
we didn't base our money on the price of eggs because we would mostly
not like to be paid in only eggs (and eggs being a natural commodity
subject to at least local speculation) and because there were other
scores to be settled, such as THEIR eternal dialectic,
either THEIR credit (which derives from THEIR monopoly on
being able to create money out of nothing – STOLEN FIAT from you
and me) or THEIR gold – and silver.
we deliberately chose a transaction that has already passed as our
stake in the ground, our figure 1, our basis for all our money such
that the present value of that transaction, and nothing else,
determines what THEIR money will trade for against ours. Right now,
the proposed Valun has a range of $2.16 (when gold is high) to $4.32
(which is impossible as that would mean gold would be worthless).
Should gold smash through our initial transaction of $2,160 per oz.
in our possession, we will choose a higher inception point for the
Valun, all Valuns. If the price of gold should then proceed back
down, the Valun just gets heavier; it buys more. This is not a buy
and hold “sky is the limit” opportunity. It will always have a
high point that can never be reached because gold can never be
worthless. BTW, there is NOTHING that THEY can do to save THEIR
system. A new global currency THEY would issue, whether blockchain
enabled or not, is still based on the same false assumptions that
anyone has the right to steal another's fiat or will in the case of
money issuance and to demand back that which was never created in the
first place as in the taking of interest (usury).
for a workable definition of profit as consisting of a
successfully erected operation that will never fall As for "never fail" there are no guarantees. Nevertheless, I
would very much like to offer the audience the work of many
generations of the same family engaged in successful productive
operations that were everywhere around the world sustained not just
be generations of patrons but by the hard work of successive
generations of the same families. THIS is the only realistic way
forward and the only way back from the brink of extinction at the
same time. We know of many activities that are ongoing today totally
due to state spending and THEIR money. Were it not for these things,
giant technical monstrosities would not have been possible. Things
are as bad as they are largely because THEY decided things and have
pulled the rest of us along with THEM, ;lured by THEIR money. It's
time we snapped out of it.]