Prelude to: Time Value of Money
Only two percent of all the money in the world is backed by gold, silver, good, or service. The rest is backed by falsified debt.
For this reason two related, but very separate things(were/are)happening.
The attempt to forge even more money legally; which we will get to later.
And conversely, an attempt to subvert the established system of state regulated forgery of loan receipts as being the same as reciepts for gold deposited.
All in what we generally percieive as the 'past'. Or things existing before our own birth. And even in that, time travel adds a complication. the knit pearl of parents or one parent from the childs perceived future who've moved back and birthed a child before they themselves are born.
Before linear time was transended socially. An attempt needed to be made by the government to be a temporary depository of all value for a predetermined instant. The effort would have to have been multinational with every governments participation.
This was not going to happen. Even with trade embargos that couldn't be enforced.
So the idea remained in the discussion by water coolers, in bars, at dinner tables, between resting partners, in congressional hearings, blogs, stream talk on internet radio, and in lecture halls, but not as a viable solution.
One of the major opponants were reporationist think tanks. The general offer to the arguement was: If infact that money could just be written, why not just write tradable recepts for reporations. Or even go back in time and forge receipts to pay reporations just as early European backers had done for themselves. Writing loan receipts in the same manner as they did for deposite receipts. So that if a depositer has a receipt for there own money, and two other patrons pay them for their good or service. And these patrons were paying with loan receipts rather than deposit receipts so that the banker could keep from having to share interest gained from the loaning of deposited gold they didn't have the right to loan out.
The original depositer gets screwed. They don't make any interest on there money. They get receipts they think are new peices of gold transfered from one depositor to another. When in fact its there own gold, or no real gold at all. So they don't make any money for there good or service. Except until they bring the loan receipt to the banker and he honors it as if it were another peice of gold.
With this understanding- why is it not just as easy to "print" promisary notes to cover reparations. One senator heard in a bar and repeated in session the idea that if Western exspansion and the slave trade funded the capture of slaves with fake money, that then the slavitude of the same slaves was baught again with the same kind of forged money. And even more money was printed with the likeness of the enslaved picking cotton- as if to imply that the currency was backed by the actual gains of the cotten picked by L- Bros. associated trading with these plantations, only to forge false reciepts(money) in the form of loans to be deposited elsewhere as if were actually the money.
How hard can it be to print the money, and call it good.
Conjecture could hardy come to a consensus in bars and dinner tables among friends as to whether just straight electronic printing* (which most older people imagined in thier heads as an actual printing press running a metric shit load of fake printed money)[money makes people jelious]{where as electric numbers just looks like digits on a screen, rather than heeping blocks of cash you ned but cant seemingly touch, even though a lot of it would get spent}* or to go back in time and set up an ivestment fund to come due now to cover the reparation debt owed by the government.
Then why wouldn't everyone do it, if its legal why not? The question from cost to cost was rhetorical.
While this discussion was transpiring for serveral decades, money slowly started to be used pantemporally. That is someone would travel back in time and spend money printed in the future with an merchant who'd bn to the future and knew it would be legal if not worth more in a few years.
As these transactions would become more and more complex, and cross greater distances of decades and centuries, or whatever the entangled photon touches it became more and more inmposible to just stop one day, and say that all the money of the people presently alive is valid and backed by some other comodity than false debt for money that was never really legitimatly lent in the first place.
As money changed hands just as easily as light changes moments.
Little bits of text started slipping from the future to the past in exchange for informal reciepts for good or services, or the actual services if the sender was standing there with the reciever. Or if in one manner or another they are the same persons.
And finally the simple divide was between the creative and the stuborne.
People who see rules as bendible or false, and people who see rules as absolutes.
The needle in the haystack. Caleb needed to find it. It was obvious who. And where.
Even the when had a short period from its start to finish. Or so he thought.
The market was flooded with twenties world wide, and that meant a lot more than just the Earth the term had ome to mean where ever modern man lived or thrived.
The twenties had hit the markets in several tempral borders as lagit currency before the 'real money' made it out of the mint, down the road-much less across temperal borders.
Other eras had been crative with the art on thier money. But this latest version of unforgible cash- reflected the sentament of the time. Even the designers had an 'its all funny money anyway'.
Chance played a big part of how things were distibuted. Some people saved ancestors form tragedies... ...only to find that historically this people somehow made it through impossible times.
During a particular century on one of Ceres moons; the government made everyone use only currency printed by parker brothers in the twentieth century. And no money could be tradd with out it being carbon dated on the spot. The moon was being inhabited during Earths rule of the Ottoman Empire among others. Ceres having a war in the future with its ancestors added to the irony. The place had ben too populated, future generations moved to the distant past only to realise they as they desendants got linearly closer to their ancestors in the future the clash would be difficult for both cultures.
But the modern money was considered a total break down in the system.
It caused a panic over the possible worthlessness of modern money. As if it was really worth anything.
But the beauty in the eye of the beholder, gave the paper value. And the pantemperal forgery is the diamond beach some thinkers in government wanted paved.
Some efforts tiped the balance of history in favor of history as we know it. For example the slave trade was at first selling European prisoners and African prisoners.
From the future there was a large influx of forged money and gold that was 'from the Americas' but was actually from everyplace but the Americas' contemporary to the time.
This had two negitive effects:
For this reason two related, but very separate things(were/are)happening.
The attempt to forge even more money legally; which we will get to later.
And conversely, an attempt to subvert the established system of state regulated forgery of loan receipts as being the same as reciepts for gold deposited.
All in what we generally percieive as the 'past'. Or things existing before our own birth. And even in that, time travel adds a complication. the knit pearl of parents or one parent from the childs perceived future who've moved back and birthed a child before they themselves are born.
Before linear time was transended socially. An attempt needed to be made by the government to be a temporary depository of all value for a predetermined instant. The effort would have to have been multinational with every governments participation.
This was not going to happen. Even with trade embargos that couldn't be enforced.
So the idea remained in the discussion by water coolers, in bars, at dinner tables, between resting partners, in congressional hearings, blogs, stream talk on internet radio, and in lecture halls, but not as a viable solution.
One of the major opponants were reporationist think tanks. The general offer to the arguement was: If infact that money could just be written, why not just write tradable recepts for reporations. Or even go back in time and forge receipts to pay reporations just as early European backers had done for themselves. Writing loan receipts in the same manner as they did for deposite receipts. So that if a depositer has a receipt for there own money, and two other patrons pay them for their good or service. And these patrons were paying with loan receipts rather than deposit receipts so that the banker could keep from having to share interest gained from the loaning of deposited gold they didn't have the right to loan out.
The original depositer gets screwed. They don't make any interest on there money. They get receipts they think are new peices of gold transfered from one depositor to another. When in fact its there own gold, or no real gold at all. So they don't make any money for there good or service. Except until they bring the loan receipt to the banker and he honors it as if it were another peice of gold.
With this understanding- why is it not just as easy to "print" promisary notes to cover reparations. One senator heard in a bar and repeated in session the idea that if Western exspansion and the slave trade funded the capture of slaves with fake money, that then the slavitude of the same slaves was baught again with the same kind of forged money. And even more money was printed with the likeness of the enslaved picking cotton- as if to imply that the currency was backed by the actual gains of the cotten picked by L- Bros. associated trading with these plantations, only to forge false reciepts(money) in the form of loans to be deposited elsewhere as if were actually the money.
How hard can it be to print the money, and call it good.
Conjecture could hardy come to a consensus in bars and dinner tables among friends as to whether just straight electronic printing* (which most older people imagined in thier heads as an actual printing press running a metric shit load of fake printed money)[money makes people jelious]{where as electric numbers just looks like digits on a screen, rather than heeping blocks of cash you ned but cant seemingly touch, even though a lot of it would get spent}* or to go back in time and set up an ivestment fund to come due now to cover the reparation debt owed by the government.
Then why wouldn't everyone do it, if its legal why not? The question from cost to cost was rhetorical.
While this discussion was transpiring for serveral decades, money slowly started to be used pantemporally. That is someone would travel back in time and spend money printed in the future with an merchant who'd bn to the future and knew it would be legal if not worth more in a few years.
As these transactions would become more and more complex, and cross greater distances of decades and centuries, or whatever the entangled photon touches it became more and more inmposible to just stop one day, and say that all the money of the people presently alive is valid and backed by some other comodity than false debt for money that was never really legitimatly lent in the first place.
As money changed hands just as easily as light changes moments.
Little bits of text started slipping from the future to the past in exchange for informal reciepts for good or services, or the actual services if the sender was standing there with the reciever. Or if in one manner or another they are the same persons.
And finally the simple divide was between the creative and the stuborne.
People who see rules as bendible or false, and people who see rules as absolutes.
The needle in the haystack. Caleb needed to find it. It was obvious who. And where.
Even the when had a short period from its start to finish. Or so he thought.
The market was flooded with twenties world wide, and that meant a lot more than just the Earth the term had ome to mean where ever modern man lived or thrived.
The twenties had hit the markets in several tempral borders as lagit currency before the 'real money' made it out of the mint, down the road-much less across temperal borders.
Other eras had been crative with the art on thier money. But this latest version of unforgible cash- reflected the sentament of the time. Even the designers had an 'its all funny money anyway'.
Chance played a big part of how things were distibuted. Some people saved ancestors form tragedies... ...only to find that historically this people somehow made it through impossible times.
During a particular century on one of Ceres moons; the government made everyone use only currency printed by parker brothers in the twentieth century. And no money could be tradd with out it being carbon dated on the spot. The moon was being inhabited during Earths rule of the Ottoman Empire among others. Ceres having a war in the future with its ancestors added to the irony. The place had ben too populated, future generations moved to the distant past only to realise they as they desendants got linearly closer to their ancestors in the future the clash would be difficult for both cultures.
But the modern money was considered a total break down in the system.
It caused a panic over the possible worthlessness of modern money. As if it was really worth anything.
But the beauty in the eye of the beholder, gave the paper value. And the pantemperal forgery is the diamond beach some thinkers in government wanted paved.
Some efforts tiped the balance of history in favor of history as we know it. For example the slave trade was at first selling European prisoners and African prisoners.
From the future there was a large influx of forged money and gold that was 'from the Americas' but was actually from everyplace but the Americas' contemporary to the time.
This had two negitive effects:
- money ment to save enslaved Africans from a grim fait was adding fuel to the growth of the commerce and profitability of the same trade.
- The wide spread lie that the gold was rom someplace in the Americas where there were cities made of gold, was the cause of ruthless people heading to that part of the world in search of these cities.
The orginal idea was that they were using a myth to mask the origin of the gold. But in reality the organised collective use of this myth was the actual cause of the myth to begin with.
This was hard for a lot of people to wrap their mind around. The idea that their liberal effort to do good actually was not a catalyst for change or salvation, but an accidental, yet well intensioned speed way; rushing in the hell they intended to finance stopping.
The regulation had to come down. But with the ecomony of the modern diaspora itself, and as a pantemporal catalyst for influence
The Link to: Time Value of Money Opens May 15th.
Labels: cooking, money for sex, time travel
posted by Daudi e Cinza at 7:05 PM
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