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The first currency …and the LAST?

by on November 26, 2013

All manner of mayhem ensues when banks control our currency, as explained elsewhere. Here, we forget Big Banks for a minute …and start with The Big BANG!

Resonance was the world’s first currency: Supposedly, creation began with a word, a vibration that resonated.

Resonance remains the world’s most popular currency to date. A simple smile for a fellow human being returned, or great movies resonating with the public mind.*

Money is one way in which we show recognition and give resonance. At first, cattle and grain etc. served as currencies, and also as offerings to the Gods. Now, however, money is basically just information, and for people.** Challenge: balance the face-value of money with the value of what it can buy. Now, with hits as the web’s favourite currency, we could be nearing full circle,*** i.e. returning back to pure resonance.

The worst punishment for humans is refusal of resonance, a.k.a. solitary confinement.

Parents threaten abandonment thus: “If you don’t put on your shoes, we won’t go out today.”

Corporations: “If you don’t give us free rein, we’ll leave town, and all these marvelous things will end.” (Logical gap: they couldn’t exist without us either. Henry Ford knew this! Where there’s a Sovereign, there’s purchasing power, but that’s another topic, see first sentence. It’s also why local activists must network inter-regionally.)

Those are all just threats to remove resonance.

People will do anything to get it back or replace it. E.g. buy stuff they don’t need, because the adverts suggest things like “A well-ironed shirt will help your kid have confidence.”

Similarly, corporations can exploit an area suffering from low employment. It’s a buyer’s market: the unemployed sell themselves more cheaply, especially if they crave resonance. To employ = “to use” –> the job-less may feel use-less. Even if benefits are good and they have enough money.

That’s why welfare to humans gets so much more negative reporting (feedback), compared to corporate welfare, which is rarely criticised by the mainstream. Scientific methods of strikebreaking: mobilise the community against the strikers.

It’s also why we might need a Basic Income Guarantee (B.I.G.). We must accept how efficient our production systems have become, and follow through with what it says in the Declaration of Human Rights. What good is a right to clean water if you cannot afford it?

B.I.G. will also give workers negotiating power, bypassing a whole lot of union legwork in the process! If only those Bangladeshi factory workers could afford to just say no to H&M! – that would be a free market!!

–> Work being paid according to what it’s really worth!
–> Sewing might be considered an art again. Quality, not quantity.
–> People fixing the sewers paid more than commodity speculators!
–> Cleaners cleaning for the exercise, not due to extortion!
–> Instead of a promotion: same pay, fewer hours. Wow.
All of this might be helped greatly with a currency that isn’t debt-based (i.e. negative).

“You’re not your job” (Fight Club) = don’t base your self-esteem on your position. It isn’t easy to be one’s own source of validation, and find something useful to do within that context. This is why many get hooked on charity work, and why posting silly clips on youtube can have a therapeutic effect.

In an ancient castle of old, the well was poisoned, and everyone who drank from it went mad. Only the King remained sane, because he stuck to wine. The castle-dwellers felt the King’s behaviour was different compared to theirs, and shouted: “The King is mad, the King is mad!” Finally the King drank water, too, and they chanted: “Thank God the King is normal again.”

The king might have felt pretty bad before he drank the water, too. We need criteria for SANITY. Not easy: Agree on a reward system for what is right, good, and useful. (Two ideas that spring to mind: Economy for the Common Good, and Hörmann’s iMoney.) Then we’d finally live in a system where money is a democratic means of keeping score, and less of a weapon that we even have to be grateful for when it’s used.

Before we get all hippie-dippie. Remember that negative resonance can also be used in a fun way, to help further your own view of the world, e.g. what constitutes useful work and what doesn’t:
George W. Bush to filmmaker Michael Moore: “Go find real work!” 🙂

1st last

(* And isn’t it interesting how miserable some people here are, but when you see another 3rd-world island blown to hell because they haven’t yet got decent housing…the TV cameras somehow always include a shot of happy kids playing, while a concerned voice comments on the events in the foreground. Observe.)

(** “People” includes natural people, i.e. humans, and what we call ‘legal persons’, namely: corporations and other entities when they enter into contractual relationships. Modern corporations are god-like inasmuch as they give themselves a little halo around the copyright-c. Idolatry? Click for more on corporations.)

(*** We’re philosophising about the general tendency, and what the future might bring. This youtube-hits business has one problem: it’s just selling audiences on to advertisers. Converting resonance into hard cash. See Corporations, advertising, INFORMATION for a possible way out there.)

p.s. nicked a line from Dead Kennedy’s Bedtime for Democracy here. Thanks.


This article was written for Banks need Boundaries!
an organisation dedicated to reforming how money is created, with an eye on some of the ills our current system entails.

It appears in the Side issues department because it has no direct link to our petition, which can be studied – and signed by anyone! Thanks for the resonance  🙂

From → Side issues

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