Yes, money is not real. And when people say, "if we didn't document it, it didn't happen" are saying something that is not true or real. Maybe the people who believe the above phrase themselves are not "real," either. When the bottom drops out on our economy because people couldn't let go of their delusional retirement and 20 year-plan fantasies, it's going to be a painful unlearning process. Luckily there is a paper trail of all the parasites using this as an opportunity to siphon "money" and value out of the system. =Chance On Mon, Jul 13, 2020 at 7:41 AM Zak Ali <[log in to unmask]> wrote: > Hi Jason, > > Thanks for this explanation. It's very helpful. > > I need to learn more about this but it definitely resonates with me. > > Regards, > > Zak Ali > > > > > > On Sun, Jul 12, 2020 at 10:02 PM nysa71 < > [log in to unmask]> wrote: > >> Hi Zak, >> >> I'm glad you're open to MMT. Just wanted to point out that the headline >> to the article that you linked in the phrase, "Modern Monetary Theorists" >> is misleading, (i.e., "The Economist Who Believes We Should Just Print More >> Money"). >> >> "Printing money" does not add a single dollar to the economy. It just >> transfers numbers from a balance sheet at the Fed to numbers on little >> pieces of green paper that you carry around in your pocket. >> >> It nets to zero in the economy. >> >> Money is a unit of account. It's the numbers that's the money, not the >> paper. >> >> The federal government --- or any government that issues its own >> currency, for that matter --- creates dollars *every time it spends.* >> >> Or more precisely, >> >> The federal government *creates* dollars every time it *spends* by >> *crediting* accounts. >> >> The federal government *destroys* dollars every time it *taxes* by >> *debiting* accounts. >> >> It's all just keystrokes. No paper necessary. >> >> As an analogy, it's no different than a scorekeeper at a football game. A >> team gets a touchdown, the scorekeeper adds six points to the scoreboard. >> The referee then says that there wasn't actually a touchdown. The >> scorekeeper then removes six points from the scoreboard. >> >> It doesn't matter if the points were recorded digitally on a scoreboard >> with keystrokes, or recorded with a magic marker on a giant piece of paper. >> >> It's the numbers that's the points, not the medium on which the points >> are recorded. >> >> And so it is with money. [image: Emoji] >> >> ~ Jason Bessey >> >> On Sunday, July 12, 2020, 06:44:40 PM EDT, Zak Ali <[log in to unmask]> >> wrote: >> >> >> Hi Gregg, >> >> Welcome back. >> >> Yesterday, YouTube algorithm "recommended" the following documentary to >> me titled "*Empire of the Ants*": >> https://urldefense.proofpoint.com/v2/url?u=https-3A__www.youtube.com_watch-3Fv-3Dvt7jGGroF0Q&d=DwIFaQ&c=eLbWYnpnzycBCgmb7vCI4uqNEB9RSjOdn_5nBEmmeq0&r=HPo1IXYDhKClogP-UOpybo6Cfxxz-jIYBgjO2gOz4-A&m=jYJFj8uIgVb1nKbPEHa6-yEcyk7WR7ku3AOCMU-COtk&s=fI4IvNXTHcnYn9nnusW6JAcJio4zvmpLICRFP9EGxVE&e= >> <https://urldefense.proofpoint.com/v2/url?u=https-3A__www.youtube.com_watch-3Fv-3Dvt7jGGroF0Q&d=DwMFaQ&c=eLbWYnpnzycBCgmb7vCI4uqNEB9RSjOdn_5nBEmmeq0&r=HPo1IXYDhKClogP-UOpybo6Cfxxz-jIYBgjO2gOz4-A&m=uDMcm3q5FvkKCMgv2cE1sO1E7nDr_H_agKmeksbDUNY&s=es4m7Z9PbO-ehpccIMhj1MBxcvBE0WFBVXC1VHGjVJs&e=> >> >> >> It's fascinating to me how "*cooperation*" vs. "*competition*" modules >> in insects and humans emerged in such complex ways leading to questions >> like "*Could the division of labor in an anthill be driven by the same >> social dynamics governing the gap between liberals and conservatives?" (see >> article below):* >> https://urldefense.proofpoint.com/v2/url?u=https-3A__phys.org_news_2020-2D01-2Dants-2Dmen-2Dant-2Dbehavior-2Dmirror.html&d=DwIFaQ&c=eLbWYnpnzycBCgmb7vCI4uqNEB9RSjOdn_5nBEmmeq0&r=HPo1IXYDhKClogP-UOpybo6Cfxxz-jIYBgjO2gOz4-A&m=jYJFj8uIgVb1nKbPEHa6-yEcyk7WR7ku3AOCMU-COtk&s=uN0xlwVSnipSnxTrRgkq-OTOoAUc5hO-X3ZZMfGq-uI&e= >> <https://urldefense.proofpoint.com/v2/url?u=https-3A__phys.org_news_2020-2D01-2Dants-2Dmen-2Dant-2Dbehavior-2Dmirror.html&d=DwMFaQ&c=eLbWYnpnzycBCgmb7vCI4uqNEB9RSjOdn_5nBEmmeq0&r=HPo1IXYDhKClogP-UOpybo6Cfxxz-jIYBgjO2gOz4-A&m=uDMcm3q5FvkKCMgv2cE1sO1E7nDr_H_agKmeksbDUNY&s=G5guq5NQ6gTaPrBDCyC-WTPCCGxm9kST3WrjSvbNAwc&e=> >> >> >> In the "empire of ants" documentary, they show two colonies; *one* with >> the *"**other anthill is the enemy*" template engage in a week long >> battle of "murder and mayhem" while the other anhills using "*let's >> cooperate with each other*" template turning into a super colony whose >> "operating system" seems to be superior in many ways. >> >> The more I reflect on this, the less judgement I feel towards people who >> are using the "*other anthill is the enemy*" sense-making template. >> >> Having this information from ant colonies, made me think about what >> templates I use when I try to make sense of the world around me. A recent >> one came to mind which has to do with MMT >> <https://urldefense.proofpoint.com/v2/url?u=https-3A__en.wikipedia.org_wiki_Modern-5FMonetary-5FTheory&d=DwMFaQ&c=eLbWYnpnzycBCgmb7vCI4uqNEB9RSjOdn_5nBEmmeq0&r=HPo1IXYDhKClogP-UOpybo6Cfxxz-jIYBgjO2gOz4-A&m=uDMcm3q5FvkKCMgv2cE1sO1E7nDr_H_agKmeksbDUNY&s=x28djppyUuCJagPxRSsA6tlXAX156tV48VYCsC36ih8&e=> (Modern >> Monetary Theory). >> >> Before I looked into and started seeing merit in arguments made by the Modern >> Monetary Theorists >> <https://urldefense.proofpoint.com/v2/url?u=https-3A__www.newyorker.com_news_news-2Ddesk_the-2Deconomist-2Dwho-2Dbelieves-2Dthe-2Dgovernment-2Dshould-2Djust-2Dprint-2Dmore-2Dmoney&d=DwMFaQ&c=eLbWYnpnzycBCgmb7vCI4uqNEB9RSjOdn_5nBEmmeq0&r=HPo1IXYDhKClogP-UOpybo6Cfxxz-jIYBgjO2gOz4-A&m=uDMcm3q5FvkKCMgv2cE1sO1E7nDr_H_agKmeksbDUNY&s=iBYUgCu-H4toHtBfaN5F3uQHSSW5JetRE6S8hva-9AA&e=>, >> I thought Bernie Sanders had no clue "how the economic machine works >> <https://urldefense.proofpoint.com/v2/url?u=https-3A__www.youtube.com_watch-3Fv-3DPHe0bXAIuk0&d=DwMFaQ&c=eLbWYnpnzycBCgmb7vCI4uqNEB9RSjOdn_5nBEmmeq0&r=HPo1IXYDhKClogP-UOpybo6Cfxxz-jIYBgjO2gOz4-A&m=uDMcm3q5FvkKCMgv2cE1sO1E7nDr_H_agKmeksbDUNY&s=T2FCmRfBeM-yjn_bRt0lZ18ZBbxga-Yi3nHOC-z-0Xo&e=>" >> so I used the "*other anhill is clueless*" template and completely >> ignored him. Now I feel like, I should have taken the time and listened to >> him at the very listen before completely rejecting his ideas. >> >> My hope is that this TOK community and your peers in the "intellectual >> deep web" communities will find better, faster and easier paths to reach >> all the anthills that are using the "*other anthill is the enemy*" >> templates and wasting a lot of energy in "competition" while "cooperation" >> module is at their disposal ready to be deployed. >> >> Look forward to our Zoom meeting tomorrow. >> >> Regards, >> >> Zak Ali >> >> >> >> >> On Sun, Jul 12, 2020 at 7:13 AM Henriques, Gregg - henriqgx < >> [log in to unmask]> wrote: >> >> Hi TOK List, >> >> >> >> I hope this finds you well. >> >> >> >> I am back after my week of gluttony and sloth in Vermont with my parents. >> Fortunately, I was able to swing a few hours south and hang out for a >> couple of hours with Zak Stein. >> >> >> >> I thought I would share that, on a recommendation from Daniel Fraga, I >> checked out this short film >> <https://urldefense.proofpoint.com/v2/url?u=https-3A__www.youtube.com_watch-3Fv-3DH652LD60A5k-26feature-3Dyoutu.be&d=DwMFaQ&c=eLbWYnpnzycBCgmb7vCI4uqNEB9RSjOdn_5nBEmmeq0&r=HPo1IXYDhKClogP-UOpybo6Cfxxz-jIYBgjO2gOz4-A&m=uDMcm3q5FvkKCMgv2cE1sO1E7nDr_H_agKmeksbDUNY&s=-lEZJlWjhTtdmJ201QMq3jyGbcbzitiOQQHXz5UDIfM&e=> >> by Adam Kingsmith and found much to like about it. I was not aware of >> Marcuse’s work on *Eros and Civilization*, so that is a bonus right >> there. In the language of the Unified Metapsychology Framework, this is the >> Primate-Ecology versus Person-Society problem (or the Animal-Mental versus >> Cultural-Person dimensional alignment, writ large). Now we need to move >> from this “two part” problem into the three part, Mind, Culture, Digital. >> This is the problem of the 5th joint point on the Tree of Knowledge >> System. >> >> >> >> Tying this back to the film, I have long argued that we needed a way to >> cultivate lives that intertwine love, work and play with meaning. Or, more >> metaphorically, we need to build global civilizations that can allow us to >> cultivate our local Gardens all while allowing Gaia to flourish writ large… >> >> >> >> Peace, >> >> Gregg >> >> >> >> ___________________________________________ >> >> Gregg Henriques, Ph.D. >> Professor >> Department of Graduate Psychology >> 216 Johnston Hall >> MSC 7401 >> James Madison University >> Harrisonburg, VA 22807 >> (540) 568-7857 (phone) >> (540) 568-4747 (fax) >> >> >> *Be that which enhances dignity and well-being with integrity.* >> >> Check out my Theory of Knowledge blog at Psychology Today at: >> >> https://urldefense.proofpoint.com/v2/url?u=https-3A__www.psychologytoday.com_blog_theory-2Dknowledge&d=DwIFaQ&c=eLbWYnpnzycBCgmb7vCI4uqNEB9RSjOdn_5nBEmmeq0&r=HPo1IXYDhKClogP-UOpybo6Cfxxz-jIYBgjO2gOz4-A&m=jYJFj8uIgVb1nKbPEHa6-yEcyk7WR7ku3AOCMU-COtk&s=OWasU-4dRjLIV-3YbfeRj6mYbM7YFs0O5xE_mS79sYU&e= >> <https://urldefense.proofpoint.com/v2/url?u=https-3A__www.psychologytoday.com_blog_theory-2Dknowledge&d=DwMFaQ&c=eLbWYnpnzycBCgmb7vCI4uqNEB9RSjOdn_5nBEmmeq0&r=HPo1IXYDhKClogP-UOpybo6Cfxxz-jIYBgjO2gOz4-A&m=uDMcm3q5FvkKCMgv2cE1sO1E7nDr_H_agKmeksbDUNY&s=3NvTeopb_kFoJ-qZE-w1_hgQxWahUCJlgKpMto_C_OI&e=> >> >> >> >> Check out my webpage at: >> >> www.gregghenriques.com >> <https://urldefense.proofpoint.com/v2/url?u=http-3A__www.gregghenriques.com&d=DwMFaQ&c=eLbWYnpnzycBCgmb7vCI4uqNEB9RSjOdn_5nBEmmeq0&r=HPo1IXYDhKClogP-UOpybo6Cfxxz-jIYBgjO2gOz4-A&m=uDMcm3q5FvkKCMgv2cE1sO1E7nDr_H_agKmeksbDUNY&s=HGOthSiGMP_ROnQRCxgQ-4WPLn2ZJgoc62ki2sEkMLs&e=> >> >> >> >> >> >> >> >> >> ############################ >> >> To unsubscribe from the TOK-SOCIETY-L list: write to: >> mailto:[log in to unmask] or click the >> following link: >> http://listserv.jmu.edu/cgi-bin/wa?SUBED1=TOK-SOCIETY-L&A=1 >> >> ############################ >> >> To unsubscribe from the TOK-SOCIETY-L list: write to: >> mailto:[log in to unmask] or click the >> following link: >> http://listserv.jmu.edu/cgi-bin/wa?SUBED1=TOK-SOCIETY-L&A=1 >> ############################ >> >> To unsubscribe from the TOK-SOCIETY-L list: write to: >> mailto:[log in to unmask] or click the >> following link: >> http://listserv.jmu.edu/cgi-bin/wa?SUBED1=TOK-SOCIETY-L&A=1 >> > ############################ > > To unsubscribe from the TOK-SOCIETY-L list: write to: > mailto:[log in to unmask] or click the > following link: > http://listserv.jmu.edu/cgi-bin/wa?SUBED1=TOK-SOCIETY-L&A=1 > ############################ To unsubscribe from the TOK-SOCIETY-L list: write to: mailto:[log in to unmask] or click the following link: http://listserv.jmu.edu/cgi-bin/wa?SUBED1=TOK-SOCIETY-L&A=1