According to FUNKTIONARY:
“money” – the imaginary “monetized” debt as an asset without parity, being accepted as a medium of exchange by the public— (inflation per se). 2) whatever is accepted in lieu of a perceived full parity product or service during an exchange. 3) the difference between full parity and actual parity received during an exchange. 4) psychologically created entity credit — imaginary — demand — inflation — seignorage. 5) the unspoken token of submission. 6) pulses recalled, transmitted and stored in electronic ledgers. 7) a concept which only exists as a reference to the mathematical relativity of value in the mind, left over or reminiscent from a time when the word “money” referred to wealth (a commodity) used as a means of exchange. As a value reference, only exists as an acknowledged negotiated abstract accounting unit (figure) in hue-man minds, it is created there, and it is destroyed or redeemed there. 8) the abstract promise of a non-producer to perpetrate a fraud by “creating” and representing a claim on resources that do not exist and/or claims on resources that they have no lawful claim to, on, or against. 9) illusive conjecture—illegitimate and fraudulent numeric claim-tickets to wealth that are neither earned nor borrowed. 10) an ego-supplement—trickery and selfdeception made transferable (spendable). “Money bemuses. Recurrently over the centuries, men, mostly men, have supposed that they have mastered the secret of its infinite amplification. Invariably, this involves the rediscovery, perhaps in slightly novel form, of some infinitely ancient fraud.” ~G.K. Galbraith, “Money.” Money is an elastic accounting media and system by and through which free men translate their needs into the production and exchange of the goods and services they require and wishes they desire. In a BM (Bad Money) debt-based system of exchange, millions have to be left out of work and wages while in need of the very goods and services they could otherwise buy, make and freely exchange. A “BM” (debt-based) system creates an otherwise avoidable arithmetically and economically insoluble problem—usury, i.e., creating imaginary demand and ascribing it with a tangibility, measurability and false existing value conjured and sanctioned solely through the fictitious corporate twin-impostors, “government” and private central banks. Any debt-based “monetary” system will ultimately collapse. It is as mathematically irreconcilable as a “chain-letter.” Apart from its communal context solely among traders, money becomes meaningless; it sustains the illusion of portable symbolic value only as long as the social or communal bond holds. Although both “money” and “time” are conceptual abstractions (non-existents), we think more about the use of “money,” (its function, not its anatomy) which is replenishable, than we do about the use of time, which is irreplaceable. When money is literally no object to someone, it blinds him or her from seeing everyone as nothing more than mere objects. Most economists and all official monetary policies follow discredited Flat-Earth theories about money. Academic scholars, financiers and official monetary authorities are monetary Flat- Heads screwing everyone with a Phillips while using a Laffer Curve for fun and kicks. Just because it’s all in your mind doesn’t mean it’s not real. “Money” is as real as any other abstraction. Jump in, the water is fine, we’re not only losing money, but we’re also losing our minds. Let me put it to you straight—Money and State must separate! (See: Gangbanking, IN HOC SINK, Usury, Political Money, Interest, Maya Banking, Phillips Curve, Laffer Curve, Quantity Theory of Money, Public Debt, Cainsian Economics, Economies, Assumptions, S&M Banking, Gangbanking, Hidden Tax, Real Federal Taxes, Second Tax, Property, Wealth, Reverse Loan, The CODE, Meta-Money, Currency Switch, Cultural Induction, Beggar-Rich & Hegelian Banking)
paper money – a misnomer. “Paper money” is not paper, nor is it money; it comprises Federal Reserve Notes made out of rag (cotton-linen-denim cellulose) in the form of a promiseless “note” to both pay “dollars” and be “dollars” in the same instance (erroneously implied wealth)—which it never does, nor ever can. Paper money, or “bills of credit” as it was referred to in the days when the Constitution was being drafted, was prohibited from being issued by both federal government (Congress) and states of the Union. Any issuance of bills of credit (paper currency or so-called ‘paper money’) is a right of the people as evidenced from the Constitution. Under monopoly capitalism sanctioned by the Corporate State, paper money is pure loot—100% counterfeit (by nature) unless redeemable in existing specific amounts of existing wealth in reserve which the proxy either represents or is a receipt, i.e., a deposit certificate) for the silver or gold. Read Federalist Papers, Number 44, written by the Father of the Constitution, James Madison. The operative question is: “Who has ownership of the “money” upon its creation?” What substance is being measured in dollar terms? (See: Money, Federal Reserve Notes, IRS, Fractional Reserve System, Fictional Reserve System, “Credit,” Dollar, Quantity Theory of Money, AfriCash, Currency Switch, MONEY, Property, Exchange, Labor, Cultural Induction & Inflation)
