Thursday, November 7, 2013

Extraction From The Prior Post: What Money "Is"

Money in the current monetary system is a verb not a noun.  The beauty of a verb masquerading as a noun is:  People think it is something that it is not.  A slick trick when it works to the benefit of those that created this deception in their design of the monetary system.  And it does work well for them.

Money must be a noun in a revised monetary system structured on the object oriented design and implementation methods that identify all the high level object nouns in the system, their attributes, behaviors, states and stake holder users of the system.

My longer winded statement of the same thing:

Money in the current monetary system is purely a verb action method with the remotest connection to any abstract reality existence  as a "noun thing" with its own independent attributes and behaviors.  We have been deceived into thinking that money has an essential identity as a noun rather than an action simply because it appears as a number called "On Hand Balance" in an "Account" where "Account" is the sole owner of all attributes and behaviors of an element called On Hand Balance that, in an object oriented system, only sends messages to another class object called "Number" to do computation methods that it internally knows how to do and return an value.

Money is a medium of exchange but it is a medium object noun that must have its own object class attributes and behavior.  In our current monetary system, digital money does not have systemic "noun object" identity other than child of a class object called "Number" knowing only mathematical methods.




Money is more than just a number.  More than just a score where the only importance is the verb action change of score.  "Score Keeping" is perhaps the most abstract method of valuing anything and most distant from the things that are being scored.  The established monetary system was designed to keep that distance from the nature of the real game being played and scored to the extent that we cannot identify the game being played by simply working back from the score.




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