I asked my 70 - 80 year old friends at the Club House the following questions:
1. Where does a 'digital' dollar come from?
2. What (in reality) is a 'digital' dollar?
The answers are usually, I don't know or it is a thing that exists and is similar to our paper dollar. Few seem to THINK deeply on the questions I ask. Reality will eventually prevail and my sense is that when reality does prevail, my elderly friends will discover the following:
1. A digital dollar (pound, euro, krona, etc.) comes from the MIND of a banker. The reality is that this unit is an 'inner' unit of my/your MIND (we could also say our 'consciousness'). The unit is technically a 'name' and a 'number'. Think of a 'number' as a unit of my/your imagination. Does a 'number' exist in outer space? Does a 'number' (say 1, 2, 3, etc.) have some outer existence. I don't think so! A 'number' is a unit of my MIND, my imagination, and/or my consciousness. The digital dollar is similar!
2. Look all around your venue (at this moment). Can you find a 'number'? Can you pick up a 'number' and display its substance? I don't think so! A 'digital' dollar is basically a 'number' in my/your MIND. I can type a 'number' into the computer screen (like 1, 2, 3, etc.). But where did I get this 'number' from? A digital dollar COMES FROM the same source as a 'number' within my MIND. It's nowhere within space/time. It lives in my virtual consciousness.
3. So how does this 'number' (called the digital dollar) get into our/my banking account? Can I transfer a 'number' from my MIND directly to your MIND? I don't think so! As a banker I must first TYPE a 'number' into my computer account and then transfer this 'number' to your computer account (electronically). This is done with the click of a computer key and then a signal is sent from my computer account to your computer account. Amazing! Our money today is 95% digital and we transfer 'numbers' from computer account to computer account via signals (after the money enters cyberspace/our computer screen).
4. So what (in reality) is a 'digital' dollar (in today's economy)? I would say that it is a 'number' within a computer account. This 'number' or 'numbers' can grow to infinity if I can get these 'numbers' into a official computer account via typing. These 'numbers' can also vanish and disappear with the click of a DELETE KEY on my official computer. Our money today is essentially made up of 'numbers' in a computer account.
5. The 'numbers' derive (come from) a bankers computer who has the authority to TYPE new 'numbers' into a computer account. We call this a LOAN. As a banker I can loan you 'numbers' (called digital dollars) which you can then spend (transfer) to other venues for your goods and services. But is this type of 'numbers' system (called the financial markets) SOUND and STABLE (over time)?
6. I would say absolutely NO! Bankers can create, manipulate, delete, and inflate these 'numbers' (to infinity) to give us the ILLUSION of soundness and stability. In reality, however, this type of MONEY system is a PONZI scheme which can CRASH to nothingness in the matter of minutes and/or hours). Within a given DAY of trading these 'numbers' all could go to ZERO if traders dumped all there stocks within this DAY. Yes, in a 24 hour period our markets (now digital and inner) could go to nothingness (or near nothingness).
7. We live with VIRTUAL money units for our investing, saving, buying, selling, and trading. Virtual means 'inner'. Virtual means that these 'numbers' do not EXIST in space and time. Our financial markets are really an ILLUSION which work until confidence disappears within these markets. The entire SYSTEM is a 'confidence' game built upon 'nothingness'. All our digital money lives within us (we call this cyberspace) after the numbers enter a computer system. Prior to entering cyberspace the 'numbers' are units of imagination.
8. Prior to entering cyberspace (our computer screen, these 'numbers' are located within the HUMAN mind (mostly the MIND of bankers and government entities). The 'numbers' get traded in a marketplace and this produces STOCK prices. But all is technically ephemeral and imaginary. Our financial system could CRASH to nothingness if our authorities desired this outcome. Is a BIG Crash of our markets coming?
9. Yes, I would suggest that a BIG Crash is on the horizon for this month or next (September or October of 2022). Numbers can not serve as a STABLE financial system when separated from MATTER (a thing). Our money system evolved from MATTER (gold, silver, paper) to mere NUMBERS (with a 'name'). Today, we live with mere NUMBERS. Computers transfer these NUMBERS from computer account to computer account. This is an UNSOUND financial system for international trade. It's essentially a BIG illusion!
Conclusion: A BIG market CRASH of these 'numbers' is on the horizon. It's starting NOW. By the end of 2022 most thinkers will discover the NATURE of this illusionary money system. We are all living an ILLUSION (within our MIND) and not knowing what is REAL and what is ILLUSION. Amazing! The history of money (when understood) will reveal all this illusion! Do some research on your own. Have a great day!
I am: donaldswenson.blogspot.com. Also, http://kingdomecon.wordpress.com.
No comments:
Post a Comment