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The value of a dollar is social, as it is created by society. Options
Daemon
Posted: Thursday, July 03, 2014 12:00:00 AM
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The value of a dollar is social, as it is created by society.

Ralph Waldo Emerson (1803-1882)
Bully_rus
Posted: Thursday, July 03, 2014 1:33:53 AM
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The value of a dollar is in barrels of oil which it evaluates. Is there a problem with that?
moniquester
Posted: Thursday, July 03, 2014 2:40:37 AM

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The value of a dollar is what you make it. If your dollar sits in a bank, year after year, accruing interest, and doing little else, it is a sad dollar.

If you spend your dollar foolishly, on frivolities and things of no enduring value, your dollar has been wasted.

If you use your dollar to make the world a better place in which to live--however you might choose to do so--your dollar will make you grow and prosper! If you decide your dollar will assist someone needier than you--you will grow in happiness and oddly, in prosperity!

Never underestimate the value of a dollar!

Be the change you wish to see in the world!-Gandhi
Non-Stop
Posted: Thursday, July 03, 2014 2:52:50 AM

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That's right but everything created by society is not social...
MechPebbles
Posted: Thursday, July 03, 2014 4:12:07 AM

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What Emerson says is best explained by economics. Money, on its own, has no value. It's not like food or clothing which has intrinsic value as human needs are served. Money's value lies in the society that uses it. The reason money has value is because society places confidence in it. If people stopped believing that they could use money to purchase things they needed, the value of money would cease to exist. In this sense, its value is illusory. Its value is built entirely on society's confidence in it, hence Emerson's saying that its value is social.
walirlan
Posted: Thursday, July 03, 2014 7:24:32 AM

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Today dollar is created by banksters as a debt! Its purpose is to create a society of slaves and this purpose is fully fulfilled.
Single people are indebted, families are indebted, small businesses, bigger and big ones are indebted. Even all countries are indebted. We hear about huge national debts all over the world.

And nobody asks:

To whom do we owe all this huge debt???

It's so simple. They have power over notes (paper) and digits on screens of computers. But people let them do it. Without their permission it would never happen.
DOUGLAS CAMPOS
Posted: Thursday, July 03, 2014 8:56:31 AM

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It would be nice if that were true!Think Think
bionet4
Posted: Thursday, July 03, 2014 9:37:52 AM

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The dollar is social; they've already given it a protected voice.And corporations are people...
monamagda
Posted: Thursday, July 03, 2014 11:25:20 AM

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Since dollar is money......

Money's value stems not from its material form, but from the content of that social process which money mediates by its circulation and thus makes possible.

Money is a thing, which, irrespective of its material or symbolical form, has its own mode of moving from one person to another and this peculiar mode of moving makes money into a means of social interaction, into a medium of communication. This is the «source of the immense value of money for society».

https://www.bu.edu/wcp/Papers/Econ/EconShep.htm
Anatolian
Posted: Thursday, July 03, 2014 11:55:22 AM

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That's why economics is a social science.

"O mâhîler ki deryâ içredür deryâyı bilmezler" - Hayâlî
capitán
Posted: Thursday, July 03, 2014 12:21:26 PM

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The chains and shackles men have made use of
to enslave those who yearn for it (and those who don't as well).
GreenBanana
Posted: Thursday, July 03, 2014 3:02:16 PM

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That's what I've been trying to tell people. The only devaluing of the dollar is that which we do mentally. The other day, I saw a picnic table selling for a hundred dollars, and the same store was selling a flashlight for ten bucks. That picnic table was worth ten flashlights. The only economic crisis is that we get nothing for our dollar. Look at cell phones. Customers pay the service providers to be under a /contract/. That's ridiculous. The only obligation customers have is that they have paid for the merchandise. If we want to solve the issues, then we ought to punish whoever gives out pre-approved credit cards by declaring that nobody owes them anything for their defamation of our privacy and consent. Everything just needs to be cheaper. It's not as if our wages are adjusted for inflation.

Make every post as if it was the first one in the thread.
Trivium_Discipulus
Posted: Thursday, July 03, 2014 7:25:45 PM
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walirlan wrote:
Today dollar is created by banksters as a debt! Its purpose is to create a society of slaves and this purpose is fully fulfilled.
Single people are indebted, families are indebted, small businesses, bigger and big ones are indebted. Even all countries are indebted. We hear about huge national debts all over the world.

And nobody asks:

To whom do we owe all this huge debt???

It's so simple. They have power over notes (paper) and digits on screens of computers. But people let them do it. Without their permission it would never happen.


We have one that can see!

The "knockout punch" is cocked back. The "fist" is plain to see.

But most folks won't admit to it until they've been blasted right on their nose and lying on their financial back seeing stars. Even then, many still won't admit to it.

Orwell coined the term "crimestop" to describe this self censorship of reality to avoid the agnorisis moment where one fully comprehends their true state of despair... and nobody wants a denouement that requires "work!"

Human nature is above all things—lazy.
Harriet Beecher Stowe (1811-1896)


The best way to control the opposition is to finance it. Birds of prey have two wings; the left wing & right wing.
Trivium_Discipulus
Posted: Thursday, July 03, 2014 7:29:45 PM
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GreenBanana wrote:
That's what I've been trying to tell people. The only devaluing of the dollar is that which we do mentally. The other day, I saw a picnic table selling for a hundred dollars, and the same store was selling a flashlight for ten bucks. That picnic table was worth ten flashlights. The only economic crisis is that we get nothing for our dollar. Look at cell phones. Customers pay the service providers to be under a /contract/. That's ridiculous. The only obligation customers have is that they have paid for the merchandise. If we want to solve the issues, then we ought to punish whoever gives out pre-approved credit cards by declaring that nobody owes them anything for their defamation of our privacy and consent. Everything just needs to be cheaper. It's not as if our wages are adjusted for inflation.


If people vote in Money Power front people to hand over trillions of free dollars (the trillions in debt remaining in society), what do you think they will do if not gamble it on the necessities of life such that prices rise?

They've been doing it since the days of Andrew Jackson (almost assuredly a lot longer)...

Gentlemen! I too have been a close observer of the doings of the Bank of the United States. I have had men watching you for a long time, and am convinced that you have used the funds of the bank to speculate in the breadstuffs of the country. When you won, you divided the profits amongst you, and when you lost, you charged it to the [bank.] sucker tax payer. You tell me that if I take the deposits from the bank and annul its charter I shall ruin ten thousand families. That may be true, gentlemen, but that is your sin! Should I let you go on, you will ruin fifty thousand families, and that would be my sin! You are a den of vipers and thieves. I have determined to rout you out, and by the Eternal, (bringing his fist down on the table) I will rout you out!
~Andrew Jackson, from the original minutes of the Philadelphia committee of citizens sent to meet with President Jackson (February 1834), according to Andrew Jackson and the Bank of the United States (1928) by Stan V. Henkels - online PDF

http://en.wikiquote.org/wiki/Andrew_Jackson

The best way to control the opposition is to finance it. Birds of prey have two wings; the left wing & right wing.
Trivium_Discipulus
Posted: Thursday, July 03, 2014 7:31:25 PM
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Joined: 12/20/2013
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Location: San Diego, California, United States
Anatolian wrote:
That's why economics is a social science.


The faux macro-economics is an engineered Art of War tactic. As is the engineered operant conditioning to authority that is palmed off as schooling.

BTW, a "dollar" that is not coinage is literally a **debt receipt** that is used as money.

The debt resides somewhere else, but that receipt guarantees that the interest bearing debt exists.

A "Note" represent interest bearing debt, regardless if it is a mortgage note, a car note or a Federal Reserve Note.

Money is Our God! Tom Simmons Comedy
http://www.activistpost.com/2014/06/money-is-our-god-tom-simmons-commedy.html

Debt is not a Choice
https://www.youtube.com/watch?v=juQc0rLdB-E

How to be a Crook
https://www.youtube.com/watch?v=2oHbwdNcHbc

Renaissance 2.0 Full
https://www.youtube.com/watch?v=96c2wXcNA7A

The Secret of Oz
https://www.youtube.com/watch?v=swkq2E8mswI

The best way to control the opposition is to finance it. Birds of prey have two wings; the left wing & right wing.
Verbatim
Posted: Thursday, July 03, 2014 9:39:17 PM
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Daemon wrote:
The value of a dollar is social, as it is created by society.

Ralph Waldo Emerson (1803-1882)


Emerson first published "The Conduct of Life" in 1860 as a collection of essays, one of which was on "Wealth".

Here is a selection of his words about money and value. For skimmers, read the bold faced only. Others may want link:http://www.gutenberg.org/files/39827/39827-h/39827-h.html

Quote: "Money is representative, and follows the nature and fortunes of the owner. The coin is a delicate meter of civil, social, and moral changes. The farmer is covetous of his dollar, and with reason. It is no waif to him. He knows how many strokes of labor it represents. His bones ache with the day's work that earned it. He knows how much land it represents;—how much rain, frost, and sunshine. He knows that, in the dollar, he gives you so much discretion and patience, so much hoeing, and threshing. Try to lift his dollar; you must lift all that weight. In the city, where money follows the skit of a pen, or a lucky rise in exchange, it comes to be looked on as light. I wish the farmer held it dearer, and would spend it only for real bread; force for force.

The farmer's dollar is heavy, and the clerk's is light and nimble; leaps out of his pocket; jumps on to cards and faro-tables: but still more curious is its susceptibility to metaphysical changes. It is the finest barometer of social storms, and announces revolutions.

Every step of civil advancement makes every man's dollar worth more. In California, the country where it grew,—what would it buy? A few years since, it would buy a shanty, dysentery, hunger, bad company, and crime. There are wide countries, like Siberia, where it would buy little else to-day, than some petty mitigation of suffering. In Rome, it will buy beauty and magnificence. Forty years ago, a dollar would not buy much in Boston. Now it will buy a great deal more in our old town, thanks to railroads, telegraphs, steamers, and the contemporaneous growth of New York, and the whole country. Yet there are many goods appertaining to a capital city, which are not yet purchasable here, no, not with a mountain of dollars. A dollar in Florida is not worth a dollar in Massachusetts. A dollar is not value, but representative of value, and, at last, of moral values. A dollar is rated for the corn it will buy, or to speak strictly, not for the corn or house-room, but for Athenian corn, and Roman house-room,—for the wit, probity, and power, which we eat bread and dwell in houses to share and exert. Wealth is mental; wealth is moral. The value of a dollar is, to buy just things: a dollar goes on increasing in value with all the genius, and all the virtue of the world. A dollar in a university, is worth more than a dollar in a jail; in a temperate, schooled, law-abiding community, than in some sink of crime, where dice, knives, and arsenic, are in constant play.

The "Bank-Note Detector" is a useful publication. But the current dollar, silver or paper, is itself the detector of the right and wrong where it circulates. Is it not instantly enhanced by the increase of equity? If a trader refuses to sell his vote, or adheres to some odious right, he makes so much more equity in Massachusetts; and every acre in the State is more worth, in the hour of his action. If you take out of State-street the ten honestest merchants, and put in ten roguish persons, controlling the same amount of capital,—the rates of insurance will indicate it; the soundness of banks will show it: the highways will be less secure: the schools will feel it; the children will bring home their little dose of the poison: the judge will sit less firmly on the bench, and his decisions be less upright; he has lost so much support and constraint,—which all need; and the pulpit will betray it, in a laxer rule of life. An apple-tree, if you take out every day for a number of days, a load of loam, and put in a load of sand about its roots,—will find it out. An apple-tree is a stupid kind of creature, but if this treatment be pursued for a short time, I think it would begin to mistrust something. And if you should take out of the powerful class engaged in trade a hundred good men, and put in a hundred bad, or, what is just the same thing, introduce a demoralizing institution, would not the dollar, which is not much stupider than an apple-tree, presently find it out? The value of a dollar is social, as it is created by society. Every man who removes into this city, with any purchasable talent or skill in him, gives to every man's labor in the city, a new worth. If a talent is anywhere born into the world, the community of nations is enriched; and, much more, with a new degree of probity. The expense of crime, one of the principal charges of every nation, is so far stopped. In Europe, crime is observed to increase or abate with the price of bread. If the Rothschilds at Paris do not accept bills, the people at Manchester, at Paisley, at Birmingham, are forced into the highway, and landlords are shot down in Ireland. The police records attest it. The vibrations are presently felt in New York, New Orleans, and Chicago. Not much otherwise, the economical power touches the masses through the political lords. Rothschild refuses the Russian loan, and there is peace, and the harvests are saved. He takes it, and there is war, and an agitation through a large portion of mankind, with every hideous result, ending in revolution, and a new order.

Wealth brings with it its own checks and balances. The basis of political economy is non-interference. The only safe rule is found in the self-adjusting meter of demand and supply. Do not legislate. Meddle, and you snap the sinews with your sumptuary laws. Give no bounties: make equal laws: secure life and property, and you need not give alms. Open the doors of opportunity to talent and virtue, and they will do themselves justice, and property will not be in bad hands. In a free and just commonwealth, property rushes from the idle and imbecile, to the industrious, brave, and persevering.""End

As anyone can see, there was a time (before the robber barons?) when one could speak of an honest dollar "not much stupider" than an apple tree in Emerson's time,
which could find and stamp out corruption and greed.
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