The invisible pyramids of pecunia – part 2
We have compared in the first part our economy, which is directed by the financial power, with the egyptian culture, whose products we have visibly before us in museums. But the treasures of the tombs were useless for the people living at that time. In our time, too, work is being done at full speed to siphon off high values while exploiting all resources. The result in our global civilization, which we call pecunia, is a product as senseless as the tombs of the pharaohs, they are invisible money pyramids in private property.
The economy grows and rotates
If scientists have said in a study that the money supply is three times as coarse as the real values of the economy, then, with the slowness of scientific surveys, it may be by now that the money supply is four times as coarse. This surplus money has no countervalue in the real economy, because there is nothing left to buy for it, except financial papers.
Then one could say: we don’t care if the fed’s loan to the u.S. Government adds a trillion, it is money above reality and nobody cares. It is not quite that simple. When the administration in washington gets a trillion, the money ends up in the real world and is largely put into the military, more generally into the military-industrial complex. And the threat of the us military can be felt all over the world, even if it is perceived by many so-called friends as a protection or even a guarantee of peace. But the us military is, according to the experiences of the last years, a threat to peace.
The state, not only the american one, spends all the money it receives as a loan. Salaries went to state employees and then to the consumer economy, military spending went to the arms industry and to military employees. A rough portion ends up as private security for the future directly back in the financial world. Spending on road construction and other infrastructure, like consumption, boosts economic growth.
Economic growth is the common fetish that everyone has agreed upon: financiers, economic leaders, governments, parties, parliaments, as well as tv viewers, voters and consumers. No one says: "let us compare the accumulation of money in the financial pyramids." everyone says: "we want to achieve economic growth of a few percent."
Here, too, a step into irrationality has been taken; for growth of a few percent, repeated year after year, means mathematically an exponential growth of the economy. This has been known for 50 years to anyone who wants to know, but most still don’t want to believe it, or they only see the positive side of growth: when the economy grows, we can afford more.
When the economy grows, not only the portions on the plate grow, not only the affordable consumption offers grow, but also the waste products of the economy and its downsides grow: plastic gauze, exhaust gases, co2, waste heat, pollutants, agricultural poisons, destruction of virgin forests, destruction of species, civilization diseases, allergies, stress and, as already mentioned, the military threat.
The economy serves directly or indirectly the multiplication of money and that on the highest level. Conversely, almost everyone who is actively involved in the money cycle, i.E. Who has the opportunity to increase their income, does everything possible to earn more money themselves.
Money in itself, as the sole end product of a chain of actions, has no real value or meaning, especially not in very coarse quantities. It has even less value than the art treasures walled into egyptian pyramids, which remain real even if they are hidden and removed from the people who created them. The excess two-thirds of money in the financial world, has only one value in the financial sector.
Another absurdity is that financial securities now yield more profit than the real economy. This can be explained by the fact that more and more money is being pumped into the financial market in the form of loans. Also the ecb is very active there, and in the statistical average the profits of financial transactions are inflated as well as the money supply. All this does not catch our eye because the gross money is invisible, which does not make it easier to recognize this schizophrenia.
Building pyramids or improving life?
Let us go back in our thoughts to ancient egypt and ame that one of us lived there and had the ability to criticize the system. He realized that the cult of priests and officials, the royal house and the state authorities is nonsensical, because the fruits of labor are taken away from living people to be used for the cult of the dead. What could someone who realized this do?? We don’t know, but we suspect that this person’s life quickly became dangerous. The cruelty of antiquity is common knowledge.
Fortunately, here and now things look more humane. No one is forced into slave labor. No one dies because they do not want to participate or cannot participate. There is gross freedom to do this or that, to like this or that, to consume this or that and also to leave this or that. Not to mention intellectual freedoms. Everybody can make his theory how man becomes happier.
All this is allowed; it does not affect the system. It does not affect the circulation of money and the concentration of money at the top and does not affect the polarization of society into those who have almost everything and those who have almost nothing.
Nevertheless, we are all part of this machine as soon as we get our hands on money and spend it, and we are part of the imaginary state of pecunia, which favors the construction of money pyramids in many ways. We are stuck in this senseless moolah that produces a substance that is sacred to us, although we already have far too much of it.
The polarization between rich and poor is most often supported by states when they borrow money from the rich instead of demanding a fair contribution from the rich in the form of taxes or property levies. By adequate is meant, measured by their income and wealth and compared to those in the middle of society, who pay wage or income tax and very high social contributions.
Even if a state incurs debts in order to distribute social benefits, it contributes to the accumulation of money in the financial oligarchy. Because the money for the poor ends up in consumption. Consumption boosts the consumer economy and the profits of big business. The state basks in shouts of beneficence and bristles at economic growth, but beneficence does not stop redistribution, nor does it stop environmental degradation.
It would be different if a state no longer made debts, but instead levied taxes on high incomes, fast transactions, large fortunes, and rich inheritances, and used this money to make life easier for ordinary people. There are a thousand ways to do this: more day-care centers, better schools, flat-area public transport, cultural demands, an internet forum for the formation of public opinion, more bicycle paths, public online libraries, subsidies for youth clubs and a regulatory authority that would impose a catalog of penalties on insults, threats and racism on the internet, to be paid by the platforms that call themselves social media, and the operators could then take legal action to recover these fees from the users.
Whoever, as a person, forum or party, supports such a policy and such a state, makes a concrete contribution to bandage and reduce the insane outgrowths of the pure money economy.
The system is not only the others
At the moment we are still in a phase of communication and hopefully consolidation. More precisely, at the very beginning of such a phase. The demand for economic growth is not yet off the table, the redistribution from the bottom to the top has not yet stopped. Money multiplication is not even recognized as a problem. But the communication about the mistakes of the system is going on. The realization of the futility of building the pyramid of pecunia has not yet displaced the propaganda and advertising of the system in the powerful media.
One mistake that some of the alternative media on the internet make is that they work with enemy images, whereby it is often not at all clear who the enemy is. One brings rebellious texts and strong words against the powerful ones, without naming them. Or they simply call them "the capital" and thus made a statement that many, without thinking, agree with. But in pecunia it is not capital that rules, but naked money in the form of numbers, which does not have to become capital in order to multiply.
The system is all of us. When it comes to money, we are all involved, measured by the amount of money we have, of course. The nanny has less influence than the broker. But it can go on strike and force the broker to take care of his own offspring for the time being.
The state can then levy a transaction tax against the fast earners at the stock exchange, which prevents that senseless money profits are made by high-frequency trading, which are not matched by any performance. With the money from this transaction tax, caregivers could be better paid, if not again state politicians prevent any intervention in the education system. Since the state politicians, like many others, could improve the system by giving up some privileges.
Starting points are everywhere. But the system pretends us that elections change the policy. We have clearly seen that this is not the case. In 2017, germany voted out the grand coalition and punished all three parties involved with losses of 10%, most of all the csu, least of all the spd.
But the official media declared martin schulz the official election loser, not the severely weakened groko. Half a year later the parties cdu, spd and csu formed the new groko merkel-4. The federal election was superfluous; it did nothing.
As long as politicians elected by the people court the power of the financial world and demand its arm and do not control the banks, the whole reprasentative democracy has no sense. It is then only the accomplice of a monetary system, which predominantly runs a senseless sham business. More and more money is accumulated in money pyramids and used to stimulate the circulation of money in the financial economy. The invisible pyramids of money are constantly growing. This happens with devastating side effects, especially environmental destruction and impoverishment of wide population circles.
Money is already available in three to fourfold abundance. It is actually worth even less than the treasures immured in the pyramids, but it is still considered to be of the highest value. Everybody can immediately turn the switch in his own head by recognizing a destructive danger in the pursuit of big money.
In the near future, the economic leaders want to eliminate more and more jobs through artificial intelligence, whatever that may be, in any case through digital technology and robots. What is the goal of this development? In the first place it serves to bring in more profit in the form of money.
The word "more money" means alarm, caution, danger! This danger is mass unemployment. But it could also mean a reduction of working hours and more free time for the creative organization of life, without additional consumption of disposable articles.
Governments tend to simply leave the decisions about it to the economy and thus to the financiers. Unemployment is a good solution for them. The state has to take care of the unemployed, if it has no more money, it has to borrow it from the financial world. Leftist politicians and journalists also argue for this. Debt for charity is easy to realize, but it strengthens financial power even when interest rates are at zero. More money is generated through credit. This money will be spent quickly and in the end will be siphoned off for further pyramid building. Anything that reinforces rather than diminishes the power of the powerful is easily achievable, especially by weaklings.
But the state can also control this development, through taxes; because it has the right to levy taxes how and from whom it wants. How about a tax that depends on the turnover and is offset against social contributions and that ends up in the social budget. Then all the machines, computers and robots that generate revenue with the workforce will automatically pay into the social funds as well, and the social contributions of working people can be reduced to half. Personnel-intensive services become cheaper, purely machine-intensive products become more expensive. Such a system changes the balance in favor of people, to the disadvantage of machines. This has already been discussed in detail here: the social withholding tax.
It is one of the absurdities of the system of pecunia that people who work have to pay taxes from their profit, from their wages, just because they are people and need a social environment, and they are therefore unprofitable for the economy compared to machines, computers and robots. So, in the long run, in the country of pecunia, will they abolish the people or will they prefer to rub in the existing system of money multiplication and the money pyramids?
Rob kenius has a degree in physics and has worked primarily as a self-employed media professional. Since 2012, he has designed the website kritlit as a system-critical author.En.
Michael hudson, the sector. Thomas piketty, capital in the 21st century. Century rob kenius: life in the abundance of money,