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Thoughts on money and how life is like the game Monopoly

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posted on Mar, 29 2011 @ 10:05 PM
People "work" at "jobs" for "money."

We all need it, but the way the system works today is that if this money is to be available to pay workers, it has to come from someone or some thing that already has it. The problem with this scenario is that whoever or whatever has the money right now might not want what the workers have to give no matter how important it is to the workers to be able to make a living and share each other's talents and creativity.

The problems we are seeing today are manifestations of a game that works as a closed system. There is no source of money that goes directly to workers, because our banking system only creates money as a loan, a debt. This is called "monetizing debt." Those best at this game (or in an advantageous position in it - in other words, the "banker") can end up with all the chips, all the tokens, all the property, or whatever just like the game of monopoly.

Where is everybody supposed to go once all the property has been acquired by the few? And what jobs would be available then, except the employment of those who are to aid the rich in protecting their wealth from being taken by the masses?

Perhaps the solution can be found while contemplating the fact that money has to be taken from someone else to be given to another.

What if....

What if money could be created, as necessary, for those willing to work? Then an appeal wouldn't have to be made to the rich to share their money so that there would be something for the poor to be paid with.

This idea is called "social credit." It allows the public at large to do something that is in a very specific way different from the way things are done now: it allows them to monetize value instead of monetizing debt.

By using social credit to make funds available to entrepreneurs, labor groups, local governments, businesses, and individuals, the stranglehold on supply that plagues recessions and depressions could be lifted. Unemployment would virtually cease, and the benefits created by everyone being able to contribute value to the world would transform society in tremendously positive ways in the long run.

Fractional-reserve banking:

Social credit:

posted on Mar, 29 2011 @ 10:10 PM
the reason people use money is because it's easy and it's simple. the only thing that needs fixing is the system.

posted on Mar, 29 2011 @ 10:11 PM
reply to post by 30_seconds

Dude. isn't it weird that you and I posted these similar posts at the same time? I'm the one who posted, "Socialism. Why not?" Please read my post and feel free to add anything that you think would be useful.

Your post exceeds my current understanding of economics. Perhaps I will read the links tomorrow, but it's getting late now and I have to go to bed so I won't be able to tonight.

edit on 29-3-2011 by smithjustinb because: incomplete

posted on Mar, 29 2011 @ 10:18 PM
the system is exactly like monopoly as a player gets money from the box/banker to start they then buy up as much as possible to make more money and ultimately win the game. however when the game is over all the money and properties go back into the box/banker.what a system we live with.

posted on Mar, 29 2011 @ 10:20 PM
In the biblical days they had a Day of Jubilee where all previous debts were forgiven every 70 years. Those seeking to control Boardwalk and ParkPlace with hotels do not expect to have to forgive debts they expect you (us) to pay. That being said (Monopoly Game analogy) there is a conflict between the Labor theory of value and the Capital theory of value. One holds that labor (work) is rented and paid for with money which is used by most (esp those hand to mouth) as more of a medium of exchange and standard of value than a store of value per se while the other (capital) has a tendency to fluctuate the value of money (from cheap to dear) by tying it to the cost of money (ie interest rates). One problem with the current scenario where money is made cheaper tho (period of low interest rates) is that the concomitant increase in the money supply is not circulating to the workers; it is being hoarded by the bankers and primarily used for buying up cheap assets which would benefit from a period of cheap money at the expense of savers and workers alike.
edit on 29-3-2011 by CosmicCitizen because: (no reason given)

posted on Mar, 29 2011 @ 10:43 PM
so true. i almost got kicked out of bus 101 in comm coll, for arguing with the teacher oer this.

it is a game of monopoly that never resets/ starts over.. who would play that??

posted on Mar, 29 2011 @ 11:02 PM
reply to post by 30_seconds

I go out of my way to not have money, haha

People ask me for it, I will give it to them. It shouldn't be a goal

But hey, poop and butts

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