Stop the Money - I Want to Get Off

The movement of money.  It moves from pot to pot, hand to hand, account to account.

Stop the movement of money.  Make the accounts that money relates to move, not money.  To make sure that money does not move give money, each unique unit of money, whatever we choose that to be, a unique identity.  One that is not shared with any other unit of money:  A serial number.  Just like a dollar bill.

A dollar bill is a physical thing.  I have some in my pocket.  The bills I have in my pocket, totaling $275 were in the pocket of a guy out in Eastern Oregon a couple days ago.  He gave them to a friend that went to Portland with a load of scrap metal.  On the way back the friend picked up some foam panels I had put on Craigs list.  He gave me the $275 and some of that is already in the hands of someone else because I gave it to them in exchange for something.

Physical money, dollar bills, move around.  There is a web site; Where is George? that tracks where money moves to.  People enter serial numbers of dollar bills on a web site and then look to see where they are seen again by others posting serial numbers to the web site.  Fun with money.  When I was in 5th or 6th grade I wrote a story about the travels of a coin.  I did a great amount of research several years ago as to where the billions in hundred dollar bills lost in Iraq had gone.  They all went somewhere.  Do you think they went up in smoke?  Used to light cigars?   They are in fact somewhere today.  I have all the possible serial numbers for the tons of hundred dollar bills that were shipped there.  I even found a few those serial numbers on bills at banks in a military town in the USA.  A base that specializes in intelligence.  It only took exchanging 20 one hundred dollar bills at various banks in town to find them.  I explained to tellers what I was doing and why.   Often they would thumb through stacks of hundred dollar bills and only give me, in exchange for my 100 dollar bill, the ones that began with CB.  That is the identifier code of the NY Fed Reserve Bank that is the beginning of all the serialized bills sent to Iraq.  One bill I found had Arabic writing on it.  The local military base also has connections to government contractors in Iraq.  Money moves around.  How and why can be very interesting if the money system is structured to give that information.

Most of the bills sent to Iraq are still moving around today.  If you have a hundred dollar bill starting with the letters CB from the early 2000 issues it is likely that it came to you, somehow, via Iraq.  They are being replaced so gradually the evidence is disappearing.  Faster, I think as new issues of bills are made.  More than necessary to replace old worm out ones because the intent is replace even the old good ones with remaining service life with new issues that are more secure.  Just my guess but the Treasury produces reports by serial number ranges of all new paper currency issued.  Not hard to check.

Money moves around.  Physical movement.  Digital money moves around.  Digital money is not physical money, it is virtual money.  It moves from account to account.  The degital money has no serial numbers.  The account number/Name of Account Holder is its identity.  Money is a lump sum in the account.  The account is the static record.  Money moves in and out.

Virtual money is not physically constrained to be handed from one to another to establish ownership in either a pocket or an account.  It can be fixed in place.  It should be fixed in place.  I think that it must be fixed in place and let the owner/possessor change as a result of transactions.

We don't know where all that money, tons of hundred dollar bills sent to Iraq is now.  It was Iraq's money, not belonging to the USA but we gave them their money in the form of US currency.  We also spent it for them and where we spent it, or otherwise appropriated it and for what reasons has not been accounted for.

It is unfortunate that we did not send them the serial numbers of digital hundred dollar bills on a computer at the New York Federal Reserve associated with the country code of Iraq.  The stipulation of spending their money would be that they could only "spend it" by transferring it to another account at the fed or a US bank. it could be a US account of a foreign entity.  The US dollars could be converted to foreign currency but the US dollars themselves would still be in the USA in the account of whoever sold the foreign currency that it was traded for.  The serialized digital dollars would never be allowed to leave the USA.  Total traceability, total accounting history.  We would know where every single serialized bill was.

There should be no such thing as virtual, digital US Dollars on a computer in  a foreign country.  American dollars are American dollars always in the USA on some bank or virtual dollar holding computer unless they are paper bills.

Digital, serialized, denominated dollars do not move.  They do not even move out of the USA.  The possessor/owner  of the US Dollars may be any financial entity anywhere in the world but the dollars are always in the USA.

What would a system like that look like?

World money.

All here in the USA



This is how the USA can dominate the world.  Or be dominated if someone else does it and the world prefers to use their static record money as the medium of exchange.

What if China did that.  Wouldn't that be a kicker?  A communist country, or at least it was, outmaneuvering us financially!

China would simply say to everyone:  If you want to buy our stuff, you have to do it with our money.  Just open an account in the Peoples Bank of China.  Convert your money to China dollars.  They will always remain in China.  You can spend them here or anywhere in the world.  Transfer of ownership (spending) cann only be done with those that also have money in our bank.  We will do all the money accounting for you.

The Imperial Yankee Dollar dies.  No longer the world's reserve currency.  By popular choice of where the world chooses to put its money. 

That is why we have the biggest, badest cop in the world.  To protect our money.  That is why China could never do this and the only reason they could not:  We would use force to prevent it but how could we really conduct that kind of financial war with no window dressing to cover up what it is really all about.