Thursday, July 19, 2012

New Money

The money system was designed long ago to accomplish exactly what it is doing:  Serving a narrow special interest group by the power it conveys to those who define what it is. 

We did not define what freedom does.  We defined what it is then let it do what it does best.  We must define what new money is.  All money is now debt money created by a loan.  It must become real money where debt is a money application not the foundation of what the operating system is.

When the total finite universe of money is uniquely serialized digital one dollar bills existing on a central computer associated with a current owning financial entity and money transactions occur when the identity of the current owner of each digital dollar changes to a new owner along with associated information then we will know exactly what money is and exactly what it is doing.  Subject to certain rights and conditions to know as well as privacy rights for information not to be known.  This is the new "Freedom" that we have to figure out. 

It is our money.  We are the public control authority of the operating system.  While the paying/receiving of money is granular at the digital dollar level, that is transparent to the user but the basis for conversion to real money and new system structure and function.

That is a new money system created by information engineering and object oriented methodology that will free us once again.

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