Money Management: Cash Flow Crisis

Treating money as a commodity (eg. money markets, debt cash flow, etc.) always has been and always will be an abuse of the monetary system. Money is nothing more or less than a means of exchange. If people want to hog and hoard, hog and hoard, hog and hoard, then I say let them hog and hoard themselves into a stupor.

The consumption capacity of any individual has a limit that falls far short of what they can hog and hoard. And if the abundance of the planet did not by far exceed what we can use, we wouldn’t have survived as long a as we have. The Function of Space (ownership) depends on our awareness of what part of the wealth of everything is ours. And this changes all the time depending on what we need to fulfill our life in this moment.

This isn’t just idle social commentary. Money is not actually within the domain of Ownership, it’s within the function of coordination. If this is reversed you get social enslavement instead of social freedom and justice. The only sustainable purpose of money is to assign a positive value to cash so as to coordinate the distribution of wealth. By assigning a positive value to a piece of paper, rather than a negative value (debt) everyone can exchange what they contribute for what they need at any given time ( which determines the quality of our interactions as a society). Therefore when a large amount of (hog ‘n hoard) cash goes out of circulation for an extended period… it is the constitutional duty of the government to issue an equal amount to match that through means such as job creation, guaranteed minimum income, grants to entrepreneurs and small business owners, etc. so there is sufficient positive money supply available to coordinate exchange of goods and services.

The Bank of Canada still has the authority to issue the money supply as real cash flow even though in the early 1900’s Canadian private banks were given the right (behind closed doors) to issue the money supply as a debt. However in the United States of America the private sector usurped the government when the Federal Reserve became privatized in 1913. Ultimately money needs to be electronic, and designated as ‘in circulation’ or ‘out of circulation’ and supported by checks and balances including price controls. When money remains a ‘means of exchange’ for the purpose of health, both personal and economic (rather than a means of control) it’s possible as a society to direct our energy towards the cohesiveness of unity rather than dis-solution of fragmentation.

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Limitless Economic Growth Failed

What now? Well a lot of us are bemoaning the state of the economy. What are we really bemoaning… a figment of our imagination about the tangible world we live in, an illusionary idea that some of us had about how to hog the money supply, or the fact that there is no such thing as getting something for nothing (see Andrew Carnegie/Napoleon Hill, “Think and Grow Rich”). The childishness of these abstract concepts is now only exceeded by the crybaby being confronted by reality of limits in a physical world. 

NO, it’s time to wake up, grow up, and take a reality check. Creating wealth without compromise is possible. We can be leaders, are you in the tribe? We can now finally begin to take stock of what we have, and what we can do with what we have. This is the only true wealth… money games are just that… money games we played during our economic childhood. Some of us had a lot of fun at the expense of the rest of us but isn’t that all just part of growing up? We now have an opportunity to put all that  behind us, let bygones be bygones, and start taking responsibility.

How do we stay within the limits of our planetary resources, individually, nationally, and as part of the population of the earth as a whole? For one thing, we need to turn our sense of pleasure vs. pain from narcissism to protecting a life of dignity and respect for everyone. This means investing in research to identify how much ownership of space every human being on the planet needs to do that, and subtracting it from the sum total of available space. And it is the responsibility of all of us to stay within the limits of planetary space so that we do not harm the health of a single soul within the body of humanity. Our times are not for living up to political ideals, our times are for discovering what it takes to live a life that fits the limits of reality.