Stephen Stillwell, when agreeing to disagree? #BiasedMoney Cultural Analysis ‏ @Philosophy_Net

download (40) #BiasedMoney #GrubStreetJournal #GrubStreetPoliticalEconomy#GrubStreetMoneyandFinance @JoeBlob20 @financialeyes @Philosophy_Net— RogerGLewis (@PMotels) July 28, 2019

The Natural Order of Money and Why Abstract Currencies Fail and a Unit of account for the people.

Money Creation

the short version

Money is an option to purchase human labor, and money creation is a global human labor futures market.

State asserts ownership of our labor, by spending options to claim our labor into existence as currency. (one way to create money, pay with other people’s stuff)

Why should we not include each in money creation?


Stephen Stillwell@StephenStillwe2

How does it fail?

Stephen Stillwell@StephenStillwe2

Failure of any commodity is assured, because fixed value is essential

Agreement to accept currency in exchange is a fixed value, we can base the value of all other things on

Fixed unit of cost, stable store of value, with global acceptance

(Also definition)

See Stephen Stillwell’s other Tweets

Stephen Stillwell@StephenStillwe2

Why should money be costlessly produced?

That’s the slavery part

Holding money is holding a loan, an IOU, performing a service, to facilitate trade… compensation is reasonable

A point and a quarter for global human cooperation is both reasonable, and sustainable

Stephen Stillwell@StephenStillwe2

The point and a quarter produces a minimum flow of wealth, to assure inclusion in society, to compensate for our voluntary restriction of freedom to respect the rights of others

For our cooperation

See Stephen Stillwell’s other Tweets

“Now Proudhon advocated a society without government and




Leave a Reply


You are commenting using your account. Log Out /  Change )

Google photo


Twitter picture


Facebook photo


Connecting to %s
