Paper Money and Fiat Currency is the Mark of the Beast
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I would say that the value of u.s. currency is not imaginary, it can be traded for goods and services, so people attach real value to it.
I agree that the currencies of most modern economies are frequently devalued because most of those economies make regular use of moderate inflation.
Is inflation the equivalent of stealing in your view? I don't think it is because as prices rise, wages also rise, because a wage is the price of labor.
I agree that the currencies of most modern economies are frequently devalued because most of those economies make regular use of moderate inflation.
Is inflation the equivalent of stealing in your view? I don't think it is because as prices rise, wages also rise, because a wage is the price of labor.
You are welcome to research the details on your own. I am busy and do not have time to entertain cynicism and sarcasm too much more than I already have with you and others on here. I've elaborated everything you need to know regarding the truth in a complete bible study, now it is up to you to believe, or not believe. But we already know you do not believe. So I am just wasting my time writing you. However, I do respond for the sake of others who might be reading these comments, that they may come to the truth, and therefore make my time here worthwhile.
The value of USD is imaginary, because if I gave you a bill of $10 USD all I am giving you is essentially paper with a 10 written on it. It is an imaginary number, but what keeps it going is that everyone agrees to keep using it to buy or sell, which then those who issue it devalue, and so causing the population that uses it to become poorer.
Okay, so the general principle of instructing someone to do evil is wrong, I agree with that.
If you and I were making this arrangement then, all you have to do is tell me what you want, like a bottle of water, and I will make it happen. No details need to be exchanged.
And I assume similar arrangements could be made in Colombia.
If you and I were making this arrangement then, all you have to do is tell me what you want, like a bottle of water, and I will make it happen. No details need to be exchanged.
And I assume similar arrangements could be made in Colombia.
My understanding of money is that it is an easy way to trade one thing for another, a medium of exchange.
I have milk from my cows that some people want, and you have corn that I want. So people give me money for my milk, and I give you money for the corn. much easier than trying to get everyone together in the same place at the same time.
Bitcoin is very different from both paper money and fiat currency.
For one thing, Bitcoin is highly decentralized, not controlled by any Central Bank. I think it's connection to the beast be extremely difficult to show using the reasoning that you show that fiat currency is connected to the beast.
I have milk from my cows that some people want, and you have corn that I want. So people give me money for my milk, and I give you money for the corn. much easier than trying to get everyone together in the same place at the same time.
Bitcoin is very different from both paper money and fiat currency.
For one thing, Bitcoin is highly decentralized, not controlled by any Central Bank. I think it's connection to the beast be extremely difficult to show using the reasoning that you show that fiat currency is connected to the beast.
I did a quick internet search. There are some articles that accuse the Vatican Bank of mishandling funds. And some articles about how wealthy the Vatican is.
but I didn't see anything about Vatican Bank controlling all the other central banks.
Great discussion! I'm going to take a time out now for a while to do things like take a shower.
but I didn't see anything about Vatican Bank controlling all the other central banks.
Great discussion! I'm going to take a time out now for a while to do things like take a shower.
Milk and corn have value, because they are food. Paper, on the other hand, has very little value. The number written on the paper of dollar bills is not its true value, it is an imaginary number, because it represents nothing of value, hence "fiat currency". But it is used as money because everyone agrees to use it as money, so it's a perceived imaginary value, but not a true value. A true value is if I gave you 2 liters of milk, or if you give me 2 pounds of corn, or if I gave John Doe an ounce of gold.
I don't think I have been cynical or sarcastic. As I have said, I disagree with some of the things you have said. I put great effort into being polite and respectful at all times. But occasionally I mess up on that, so if there's a particular post I have written that you feel was cynical or sarcastic, please let me know which one.
Again, I have read part way through the page on your website that talks about fiat currency and why you view it as evil. I believe there were some issues with either the amount of evidence that you presented or the logical steps that you take, so I presented questions about those parts as posts here.
I'm glad you are continuing to post here, whatever your reasons, because I am enjoying this discussion!
I expect that people in Colombia will also be asking similar questions, so it seems like it would be a good idea for you to have ready answers, imo. So perhaps we can both benefit from the discussion.
Again, I have read part way through the page on your website that talks about fiat currency and why you view it as evil. I believe there were some issues with either the amount of evidence that you presented or the logical steps that you take, so I presented questions about those parts as posts here.
I'm glad you are continuing to post here, whatever your reasons, because I am enjoying this discussion!
I expect that people in Colombia will also be asking similar questions, so it seems like it would be a good idea for you to have ready answers, imo. So perhaps we can both benefit from the discussion.
If the roman popes are the man of sin, then wouldn't the mark of the beast be the sign of the cross?
Man of Sin (Lawlessness) Pope Innocent III (1198-1216) gave instructions for how to make the sign of the cross, “The sign of the cross is made with three fingers, because the signing is done together with the invocation of the Trinity. This is how it is done: from above to below, and from right to left, because Christ descended from the heavens to the earth, and from the Jews (right) he passed to the Gentiles (left).”
This is also how ashes are imposed on the forehead with right hand: from above to below, and from right to left.
"by the end of the 10th century, it was customary in Western Europe (but not yet in Rome) for all the faithful to receive ashes on the first day of the Lenten fast. In 1091, this custom was then ordered by Pope Urban II at the council of Benevento to be extended to the Church of Rome.”
Man of Sin (Lawlessness) Pope Innocent III (1198-1216) gave instructions for how to make the sign of the cross, “The sign of the cross is made with three fingers, because the signing is done together with the invocation of the Trinity. This is how it is done: from above to below, and from right to left, because Christ descended from the heavens to the earth, and from the Jews (right) he passed to the Gentiles (left).”
This is also how ashes are imposed on the forehead with right hand: from above to below, and from right to left.
"by the end of the 10th century, it was customary in Western Europe (but not yet in Rome) for all the faithful to receive ashes on the first day of the Lenten fast. In 1091, this custom was then ordered by Pope Urban II at the council of Benevento to be extended to the Church of Rome.”
I think we are using different definitions of imaginary. But rather than dispute that, I think the real issue is this
"...which then those who issue it devalue, and so causing the population that uses it to become poorer."
As the currency is devalued relative to a commodity, say, flour, it is also devalued relative to labor.
Here's what I mean.
Suppose 20 years ago a bag of flour cost $1. And minimum wage for a worker at McDonald's was $3 an hour.
For ease of math, let's say that same bag of flour today costs $2. And our McDonald's worker now earns a minimum wage of $6 an hour.
20 years ago, the worker had to work 1/3 of an hour, or 20 minutes to buy the flour.
Today, the same worker works the same 20 minutes to buy the same bag of flour.
So although the price of flour has doubled, the worker buys the same amount of flour with the same amount of labor.
That's a very simple example, of course. In real life, there are loads of factors that influence prices.
There's an interesting situation in the world of electronics, like laptops and cell phones. The amount of labor that it takes today to buy a device with a given amount of computing power versus how much labor an equivalent device would have taken 20 years ago is far less. In other words, when it comes to electronics, people today are far wealthier than they were in the past.
"...which then those who issue it devalue, and so causing the population that uses it to become poorer."
As the currency is devalued relative to a commodity, say, flour, it is also devalued relative to labor.
Here's what I mean.
Suppose 20 years ago a bag of flour cost $1. And minimum wage for a worker at McDonald's was $3 an hour.
For ease of math, let's say that same bag of flour today costs $2. And our McDonald's worker now earns a minimum wage of $6 an hour.
20 years ago, the worker had to work 1/3 of an hour, or 20 minutes to buy the flour.
Today, the same worker works the same 20 minutes to buy the same bag of flour.
So although the price of flour has doubled, the worker buys the same amount of flour with the same amount of labor.
That's a very simple example, of course. In real life, there are loads of factors that influence prices.
There's an interesting situation in the world of electronics, like laptops and cell phones. The amount of labor that it takes today to buy a device with a given amount of computing power versus how much labor an equivalent device would have taken 20 years ago is far less. In other words, when it comes to electronics, people today are far wealthier than they were in the past.
Well, first off, I think that there is a difference between paper money and fiat currency. Although, in the US and most countries, the two ideas overlap.
The idea of paper money is that it can be exchanged for a commodity. In the past it was usually gold, but it was much easier to carry around than the gold, because the gold would get very heavy if you had to carry very much of it. When the USA was still on the gold standard, at least as I understand it, a person could at least in theory exchange their paper money for a fixed amount of gold.
Fiat money is a whole different ball game, though it is often used in the same system as paper currency.
Fiat is Latin for
Let there be
Fiat lux
Let there be light
Fiat money
Let there be money
Using the USA as an example, sometime in about the 1930s, laws were passed that detached the dollar from a fixed amount of gold.
Other laws were passed to allow certain institutions, usually Banks, to create money where no money had existed before.
The rate at which banks poof money into existence is controlled in practice by the Federal reserve board.
Does the above all make sense so far, or did you want more details? (Or does anyone else reading this month more details?)
The idea of paper money is that it can be exchanged for a commodity. In the past it was usually gold, but it was much easier to carry around than the gold, because the gold would get very heavy if you had to carry very much of it. When the USA was still on the gold standard, at least as I understand it, a person could at least in theory exchange their paper money for a fixed amount of gold.
Fiat money is a whole different ball game, though it is often used in the same system as paper currency.
Fiat is Latin for
Let there be
Fiat lux
Let there be light
Fiat money
Let there be money
Using the USA as an example, sometime in about the 1930s, laws were passed that detached the dollar from a fixed amount of gold.
Other laws were passed to allow certain institutions, usually Banks, to create money where no money had existed before.
The rate at which banks poof money into existence is controlled in practice by the Federal reserve board.
Does the above all make sense so far, or did you want more details? (Or does anyone else reading this month more details?)
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