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Message from discussion Definition of 'Money' - basic to know - {HRI 20081011-V1.0}
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Koos Nolst Trenite  
View profile  
 More options Oct 12 2008, 4:17 pm
Newsgroups: sci.physics, alt.astronomy, sci.math, alt.politics.economics, alt.law-enforcement
From: Koos Nolst Trenite <AmbassadorForMank...@hotmail.com>
Date: Sun, 12 Oct 2008 13:17:20 -0700 (PDT)
Local: Sun, Oct 12 2008 4:17 pm
Subject: Definition of 'Money' - basic to know - {HRI 20081011-V1.0}
Definition of 'Money' - basic to know

                                                     11 October 2008
                                                  {HRI 20081011-V1.0}

'

                  People are forced to find out again, in the current,
                  global borrowing and lending money crisis, what the
                  ACTUAL definition of 'money' is.

'

The actual and true definition *(a) of 'money' states, that

     'Money represents objects and services.' More precisely:

     'Money represents objects and services, that have to
      be present, existing or available.' More precisely:

     'Money represents objects and services, that have to
      be present, existing or available in the demanded or
      expected time frame and volume and location.'

                                                   {definition}

'

            Underlying it, is of course, that people are willing and
            desirous to offer, to provide, to sell and also to buy
            these things an d services, and are not hindered in it.

                  That is given by The First Law of Economics:  *(1)

                 'People desire to do and enjoy to do a job of value
                  they can be proud of.'

                       (Individual persons have the desire and
                        enthusiasm or joy, to undertake something
                        that is of value now or in the future, to
                        their fellows of Mankind.)

'

'

      Added to actual money, defined above,

      there is 'pretended' money, which all banks create 'out of thin
      air,'

      to almost double the amount of money deposited with them.

            Say you deposited hundred thousand dollars with them,
            then they claim, that they have (your) 100,000 dollars
            still in the bank,

            but at the same time they loan out to someone else, 90,000
            dollars of those 100,000 dollars of yours,

                  that they then claim to still have, and that show
                  up neatly on your bank statement.

                  In fact they make use of your money, loaning it to
                  someone for let's say ten percent interest per year,

                  and they can then pay you interest on your deposit
                  of let's say four percent per year.

'

      They can do that, because ON AVERAGE for a large number of
      clients, these do keep most, some nine tenth of their deposit,
      in the bank, not withdrawing it.

            Banks are regulated to not overdo it, and they are insured
            to pay back a certain minimum to clients, in case the bank
            becomes bankrupt. This differs somewhat from country to
            country.

      All is well, if not too many clients are at the same time going
      to withdraw their whole deposit from that bank.

'

 When you want to improve your understanding of something complex,
 then you get the very basic things straight, and you must keep these
 straight despite pressure.

 But when you have been made to lose the very basics of some subject,

            like you don't know anymore that you are a soul and that
            thinking and feeling and seeing and hearing and also
            remembering, is done with the Life Energy Particles
            that are from and with the soul and are interacting with
            your body as the case may be, but

                  if you do not know the most simple and the most
                  basic things about life, anymore,

      then you really have lost it and you go and do (the) extremely
      irrational things (that you are doing in various fields).

      It then becomes my job, to restore the very, very basic
      knowledge to you, that Criminal Minds had made you lose.  *(2)

'

Actually, it is my job to trace the major sources of Insanity and of
 Evil, to understand and to expose these, and to make you understand
 and expose these, and so, to nullify the major sources of Insanity
 and Evil on Earth.

 And to get you to do those things yourself.

      You can find that in the Human Rights Issues, and in Fine
      Particle Physics.

 That job - to come back to the subject of money - that service to
 you, which, being delivered mostly in English, is a global service,
 could be valued,

            considering the various areas and disciplines that it
            touches most fundamentally, and uniquely, it could be
            valued

      to the amount of a million dollars PER DAY,

            as a cautious estimate, now.

Koos Nolst Trenite 'Cause Trinity'
human rights philosopher and poet

                                            'Men of all nations came
                                       to listen to Solomon's wisdom,
                                  sent by all the kings of the world,
                                         who had heard of his wisdom.'

________
Textnote:

(a)   Definitions are obtained, of course, by looking at life, at
      how a term, a word or phrase is used actually, in real life,
      by real people,

      which gives you then its definition(s).  {definition}

_________
Footnotes:

(1)  'The First Law Of Economics' (Issued 18 July 2008)
      {HRI-20031201-V3.5}
       (1 December 2003 - Version 3.5 on 26 Sept 2008)
http://groups.google.com/group/soc.men/msg/f6ea845338da8ee2

(2)  'Evil Creatures Fight for Evil BELIEFS, versus the Rational
      Truth'
      {HRI 20080918-V1.3}
       (18 September 2008 - Version 1.3 on 22 Sept 2008)
http://groups.google.com/group/uk.legal/msg/ff0ac288c4141dda

     (and as applicable)
'

__________
References:

     (as applicable)
'

____________
Verification:

                http://www.angelfire.com/space/platoworld

Copyright 2008 by Koos Nolst Trenite - human rights philosopher
 and poet
This is 'learnware' - it may not be altered, and it is free for
 anyone who learns from it and (even if he can not learn from it)
 who passes it on unaltered, and with this message included,
 to others who might be able to learn from it (but not to sociopaths,
 who vehemently oppose any true knowledge of life and of themselves).
None of my writings may be used, ever, to support any political
 or religious or scientific 'agenda,' but only to educate, and to
 encourage people to judge un-dominated and for themselves,
 about any organizations or individuals.
Send free-of-Envy and free-of-Hate, Beautiful e-mails to:
 PlatoWorld at Lycos.com


 
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