I can't believe there are no comments on this post. What is going on? Is it too hard to understand? If people aren't able to see the fraud and deception in profit then it is pointless to talk about creating a better money system.
I've added another table to help clarify how profit accumulates in selling prices as goods and services move along a production/distribution chain. If you have questions please ask them here. If you think there is something wrong with what I am presenting please tell me what it is.
Sorry it took a bit for Me to read and respond. Been working on getting chapters of My novella into shape for 5 different platforms which I post to... And every one is different in formatting.
It does matter that you get it. People's desire for and approval of profit is the primary barrier to initiating effective change. As long as people believe that they are better off financially by collecting profit individually then there will be no public support for doing away with it.
The financial system was designed to generate debt by using profit to create a gap between the costs producers pay INTO the marketplace and the prices they demand OUT of the marketplace. This gap can only be filled by adding new debt to the marketplace. That debt then gives bankers 1) a never ending stream of interest to enrich their wealth and 2) a continually repeating claim of ownership (lien) against all of the major assets in society.
It is only by understanding that profit compounds as goods and services move along a production and distribution chain, doubling or tripling prices, that people will start to withdraw their support for and love of profit. Profit always raises prices far more than the extra purchasing power it provides to individual investors. Profit is a suckers game that feeds our lives to the bankers.
I think it will be hard to change people’s mindsets about profit. I love small businesses, be they in Australia, elsewhere, or online. But people usually create a small business to make a profit! If their small business profit declines, most people can’t stand it I reckon. And they may give up.
I understand that profit compounds, as we go along the chain, and that us, as the end consumer pay the most. (Usually) I would have thought most people can understand this, by all means. And that they hate it. Unless they are the ones making the profit.
So if most people understand what you’ve said here, and if what I’ve said is correct, i.e. that people hate the way that profit compounds along the line, I go back to the start to reiterate that it will be hard to change people’s mindsets about profit.
How will we get people to withdraw their support for and love of profit? People already hate it. I guess they’ve (we’ve) never been offered an alternative for many generations. People are scared of new things, especially with regard to money.
And I’ve only just realised how ludicrous it is for “bankers”, or shareholders, or owners of banks I guess, to be getting paid continuously by different people, when they buy or sell a house, for example. The house could have been built 200 years ago, and various “owners” may have funded repairs. But each time the house is “sold”, then “bought” by new owners, banks start again with new money from the deposit, right through until being “paid off” if this is indeed (ha) possible. Many people pay for that same house, over the 200 years or more. It’s quite pathetic isn’t it! I don’t like the precarious position my family are in as there’s no way we can “pay off” our house by 2030. So many other people in the same boat, and may not realise it. But I think in the movie “The Great Taking”, it is explained how anyone’s house can be taken, even if they “own” it. Something to do with title deeds I think. These are apparently all online now, and very recently in Australia. House title? What house title? There’s nothing here in your name! Gone in a key stroke. Even if one has the physical paperwork.
Yes, I think I’m starting to understand better what you are trying to say Don. I’ll read your newsletter again. I’m aware of the next newsletter about The Bull. I’ll get on to that as soon as I can Don. I was pretty much thinking as I was going along typing here Don-so you can see my slow thought processing!
Hi Don, I’m way behind on reading ALL my emails-I rarely can respond on the same day. I’ll admit I’m having trouble understanding, but I’ll re-read, because I have a lot of distractions.
I know what you mean. The amount of knowledge that is now available for every single subject is overwhelming. Society is now suffering from an information overdose that is creating confusion, division and despair. It is utterly impossible for anyone to keep up with the latest news about all of the subjects that interest them. The human brain doesn't have the capacity to process such huge volumes of information and knowledge. This, I fear, is one of the most dangerous advantages of AI that will be used against us.
Yes Don, I thoroughly agree with everything you’ve said in this comment. Everyday I am amazed at all the info on just, say, YouTube. And this is only what’s available in our own areas, in English. Auugghhh!!
I can't believe there are no comments on this post. What is going on? Is it too hard to understand? If people aren't able to see the fraud and deception in profit then it is pointless to talk about creating a better money system.
I've added another table to help clarify how profit accumulates in selling prices as goods and services move along a production/distribution chain. If you have questions please ask them here. If you think there is something wrong with what I am presenting please tell me what it is.
Sorry it took a bit for Me to read and respond. Been working on getting chapters of My novella into shape for 5 different platforms which I post to... And every one is different in formatting.
I don’t really get it, but that doesn’t matter, I’ll understand as we go along I reckon. I know profit is deception, that’s a good start for me!
It does matter that you get it. People's desire for and approval of profit is the primary barrier to initiating effective change. As long as people believe that they are better off financially by collecting profit individually then there will be no public support for doing away with it.
The financial system was designed to generate debt by using profit to create a gap between the costs producers pay INTO the marketplace and the prices they demand OUT of the marketplace. This gap can only be filled by adding new debt to the marketplace. That debt then gives bankers 1) a never ending stream of interest to enrich their wealth and 2) a continually repeating claim of ownership (lien) against all of the major assets in society.
It is only by understanding that profit compounds as goods and services move along a production and distribution chain, doubling or tripling prices, that people will start to withdraw their support for and love of profit. Profit always raises prices far more than the extra purchasing power it provides to individual investors. Profit is a suckers game that feeds our lives to the bankers.
I think it will be hard to change people’s mindsets about profit. I love small businesses, be they in Australia, elsewhere, or online. But people usually create a small business to make a profit! If their small business profit declines, most people can’t stand it I reckon. And they may give up.
I understand that profit compounds, as we go along the chain, and that us, as the end consumer pay the most. (Usually) I would have thought most people can understand this, by all means. And that they hate it. Unless they are the ones making the profit.
So if most people understand what you’ve said here, and if what I’ve said is correct, i.e. that people hate the way that profit compounds along the line, I go back to the start to reiterate that it will be hard to change people’s mindsets about profit.
How will we get people to withdraw their support for and love of profit? People already hate it. I guess they’ve (we’ve) never been offered an alternative for many generations. People are scared of new things, especially with regard to money.
And I’ve only just realised how ludicrous it is for “bankers”, or shareholders, or owners of banks I guess, to be getting paid continuously by different people, when they buy or sell a house, for example. The house could have been built 200 years ago, and various “owners” may have funded repairs. But each time the house is “sold”, then “bought” by new owners, banks start again with new money from the deposit, right through until being “paid off” if this is indeed (ha) possible. Many people pay for that same house, over the 200 years or more. It’s quite pathetic isn’t it! I don’t like the precarious position my family are in as there’s no way we can “pay off” our house by 2030. So many other people in the same boat, and may not realise it. But I think in the movie “The Great Taking”, it is explained how anyone’s house can be taken, even if they “own” it. Something to do with title deeds I think. These are apparently all online now, and very recently in Australia. House title? What house title? There’s nothing here in your name! Gone in a key stroke. Even if one has the physical paperwork.
Yes, I think I’m starting to understand better what you are trying to say Don. I’ll read your newsletter again. I’m aware of the next newsletter about The Bull. I’ll get on to that as soon as I can Don. I was pretty much thinking as I was going along typing here Don-so you can see my slow thought processing!
Thank you for all this work!
Hi Don, I’m way behind on reading ALL my emails-I rarely can respond on the same day. I’ll admit I’m having trouble understanding, but I’ll re-read, because I have a lot of distractions.
I know what you mean. The amount of knowledge that is now available for every single subject is overwhelming. Society is now suffering from an information overdose that is creating confusion, division and despair. It is utterly impossible for anyone to keep up with the latest news about all of the subjects that interest them. The human brain doesn't have the capacity to process such huge volumes of information and knowledge. This, I fear, is one of the most dangerous advantages of AI that will be used against us.
Yes Don, I thoroughly agree with everything you’ve said in this comment. Everyday I am amazed at all the info on just, say, YouTube. And this is only what’s available in our own areas, in English. Auugghhh!!
My question is... How do You avoid greed in an energy accounting system...?
Greed is a Symptom of Energy Accounting (article): https://amaterasusolar.substack.com/p/greed-is-a-symptom-of-energy-accounting
Greed is inspired by an illusion. See the next article... "The Bull"
Greed is inspired by desire for more… But when One can have all One needs and wants… Where does greed arise? Will read the next one. [hugs]