Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: indio007 on July 25, 2011, 07:43:31 PM



Title: Everything you want to know about "money".
Post by: indio007 on July 25, 2011, 07:43:31 PM
Here is a lot of debate on this site about what money.
Much of it is erroneous especially when it comes to the historical and legal aspects.
As of right now, the world is in a "promise to pay" legal tender system which has screwed up everyone.


This is a list of links to educate and illuminate the subject.

The Science of Money (http://books.google.com/books?id=RnUaAAAAMAAJ&printsec=frontcover&#v=onepage&q&f=false)


Money and civilization: or, A history of the monetary laws and systems of various states and their influence on civilization (http://books.google.com/books?id=VUyOjGT9_OUC&printsec=frontcover&dq=#v=onepage&q&f=false)

The history of money in America (http://books.google.com/books?id=AIcaAAAAMAAJ&printsec=frontcover&dq=#v=onepage&q&f=false)

History of monetary systems (http://books.google.com/books?id=gbwrAQAAIAAJ&printsec=frontcover&dq=#v=onepage&q&f=false)

Basic Monetary Concepts in Law (https://docs.google.com/viewer?a=v&pid=explorer&chrome=true&srcid=0B1wtyXDQr0s-Y2NjNjZhNWMtODhmNS00YmZlLWI2ZGMtOTVhM2NhOWMwYTdh&hl=en_US)

The theory of money in the Law of Commercial Instruments (https://docs.google.com/viewer?a=v&pid=explorer&chrome=true&srcid=0B1wtyXDQr0s-MjEwMGE4ZjAtYTFjMi00ZjJhLWI1MjMtMzIxOTQwMDk5MTY4&hl=en_US)

The Concept of Lawful  Money (https://docs.google.com/viewer?a=v&pid=explorer&chrome=true&srcid=0B1wtyXDQr0s-ODE3MTVlZjgtMjkwMy00YjY1LTk2MjEtNmJmMDZmY2I3NzVm&hl=en_US)

A note on Lawful Money (https://docs.google.com/viewer?a=v&pid=explorer&chrome=true&srcid=0B1wtyXDQr0s-MzdlNTdkZGEtNzk5ZS00MGZiLTllOTEtOGNlNGEzM2I1MTRl&hl=en_US)

If you find this short index useful , put a drop in the bucket.. I actually have a ton more reading material but this should give anyone a start.

119CPaW1tUtMXKbUojPKrdvgAAWaRJX6d


Title: Re: Everything you want to know about "money".
Post by: nafai on July 25, 2011, 09:25:35 PM
Check out these videos on economics and money, very informative:  http://pzxc.com/crash-course-on-economics


Title: Re: Everything you want to know about "money".
Post by: Meatpile on July 25, 2011, 09:42:00 PM
Well don't mistake that second post for anything like "fact" or "educational" because the first video has the tagline "...system enslaves us to central bankers who engage in legalized counterfeiting"

That's one viewpoint, but I was hoping for something non partisan and educational.


Title: Re: Everything you want to know about "money".
Post by: bitcon on July 25, 2011, 09:49:27 PM
Well don't mistake that second post for anything like "fact" or "educational" because the first video has the tagline "...system enslaves us to central bankers who engage in legalized counterfeiting"

That's one viewpoint, but I was hoping for something non partisan and educational.

just because you already know the fact that the bankers are enslaving us, doesn't mean that everyone else in this forum does.


Title: Re: Everything you want to know about "money".
Post by: nafai on July 25, 2011, 09:53:07 PM
Well the person who compiled those videos into a blog post didn't make the videos themselves.  It's not the article that is educational/informative, it's the videos. Don't judge a book by its cover.

And, for what it's worth, I don't think that statement is wholly inaccurate even though it is hyperbole.  People do become enslaved to the fiat currency system, especially the debt part of it.  And the central bankers who control the printing presses do engage in "legalized counterfeiting" from a certain perspective....   inflation steals money away from everyone by making the currency less valuable over time.

I don't see how it's partisan though?  Has nothing to do with republicans/democrats, it's equal opportunity oppression =P


Title: Re: Everything you want to know about "money".
Post by: TraderTimm on July 25, 2011, 09:57:40 PM
Money is just something you need in case you don't die tomorrow.

There, saved you a lot of reading.


Title: Re: Everything you want to know about "money".
Post by: nafai on July 25, 2011, 10:00:45 PM
Quote
Money is just something you need in case you don't die tomorrow.

There, saved you a lot of reading.

That doesn't make a very good definition because the same could be said of food, water, oxygen, clothing, shelter, sleep, rest, exercise, transportation, etc


Title: Re: Everything you want to know about "money".
Post by: indio007 on July 25, 2011, 10:05:07 PM
I don't think those video's qualify as strictly educational. Some of the stuff in them is dead wrong.
IMHO The bankers enslaved no one. People enslave themselves because of their tacit consent and affirmative acts.
I'm trying to post stuff about the fundamentals of money such as a promise to pay versus payment, discharging a debt versus payment, a debt in rem versus a debt in personam.

I know these seems like legalese bullshit but unfortunately they matter where the rubber hits the road, in court.
You can not agree all you want when your dragged into court. They force their will down people's throats.





Title: Re: Everything you want to know about "money".
Post by: error on July 26, 2011, 04:37:33 PM
Money is the representation of an agreement of value between two parties for products exchanged or services rendered.


Title: Re: Everything you want to know about "money".
Post by: supersonic3974 on July 26, 2011, 05:41:44 PM
Money is the representation of an agreement of value between two parties for products exchanged or services rendered.
Woohoo!