tag:blogger.com,1999:blog-2481137628297928213.post8969954517772968312..comments2024-02-09T11:22:53.940-08:00Comments on tc allen: What Is Money?tc allenhttp://www.blogger.com/profile/02206551463797442456noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-2481137628297928213.post-28025224668539000212014-05-20T21:24:33.697-07:002014-05-20T21:24:33.697-07:00In coming to a definition of money, one should ask...In coming to a definition of money, one should ask what is economics, and what is an economy, all three are intertwined. <br /><br /><br />Economics is a money based life experience that is experienced by all; money is defined as the credit and trade that comes from the administration of a household or stronghold; its value is determined by marketplace stakeholders; debt based money bears interest, which is defined as the cost of money. Furthermore, money is that thing that people accept as payment for their labor and products.<br /><br /><br />The word fiat comes from Latin and means let it be done; thus fiat is the mandate of a sovereign authority. <br /><br /><br />The debt based money system known as fiat money, defined as the mandates of the Banker Regime, was designed for investment gain, was used throughout the world community, was widely accepted in payment for goods and services, and in discharge of obligation; served as a measure of value, and was a storehouse of value. <br /><br /><br />Fiat money came to an end on May 13, 2014, with the failure of credit, that is trust in the world central banks to provide stimulus for continued investment gains and global economic growth, as evidenced by the trade lower in the Euro, FXE, and the British Pound Sterling, FXB, and the trade lower in Italy, EWI, and Italy’s Debt, ITLY, reflecting the investor’s fear that the monetary policies of the world central banks had crossed the rubicon of sound monetary policy and made “money good” investments bad. <br /><br /><br />The new debt based money system, known as diktat money, commenced as peak moral hazard wealth was obtained, reflected in Aggregate Credit, AGG, Major World Currencies, DBV, and Emerging Market Currencies, CEW, topping out in value; and World Stocks, VT, Nation Investment, EFA, Small Cap Nation Investment, SCZ, Dividends Excluding Financials, DTN, trading lower in value. <br /><br /><br />Diktat money, defined as the mandates of the Beast Regime, specifically regional fascist leaders, is designed to establish regional security, stability, and sustainability. <br /><br /><br />All be economists. Everyone has an an economy, which is defined as the life experience that comes from the administration of the credit, that is trust, and trade, that comes from the ethics of a household or stronghold. An economy exists for life and death experience, and is determined by the prevailing interest rate of the monetary regime and its monetary policies and schemes, as well as by education in one’s home. <br /><br /><br />Individuals have ethics, that is principles of relationships with others, and manifest these in speech and behavior, which communicates their values and establishes their identity; i.e. a Wild One, a Libertarian, a Totalitarian, or a Christian. <br /><br /><br />On Tuesday, May 13, 2014, the see saw destruction of fiat wealth commenced in the Eurozone on the failure of credit. specifically the failure of trust in the world central banks to continue to stimulate investment gains as well as global growth. With the trade lower in Italy, EWI, the world has passed through an inflection point: the world has pivoted from the age of investment choice and the age of credit into the age of diktat and the age of debt servitude.<br /><br /><br />May 13, 2014, was a pivot point in mankind’s economic history. Major World Currencies, DBV, such as the Euro, FXE, and on May 20, 204, the Australian Dollar, FXA, began trading lower.<br /><br />Having created the perfect moral hazard peak wealth on Tuesday May 13, 2014, with the S&P 500, SPY, trading lower from its Elliott Wave 5 High, seen as TheWaveTrading Safehaven chart report $SPX: A Major Top, Jesus Christ has closed the chapter on the book of economic life, which reads the age of gilded wealth, and has set sail on a new mission, that is the destruction of all fiat money and fiat wealth. He will in relatively short time accomplish his purpose of establishing absolute poverty, with the activity of the Beast Regime, of Revelation 13:1-4, replacing the activity of the Creature from Jekyll Island, as foretold in Daniel 7:7.<br /><br />theyenguyhttps://www.blogger.com/profile/08515095308836729043noreply@blogger.com