Is currency evil?

Discussion in 'Ethics, Morality, & Justice' started by DestroyCurrency?, Oct 2, 2013.

  1. RJBeery Natural Philosopher Valued Senior Member

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    I agree with what you're saying but my point is that we must recognize "evil" as a subjective term to answer the OP; after that we can debate why we believe money is or is not evil. If the OP said "Is the $100 US bill approximately 156mm wide?" then we could have an a conversation about it and come to an objective conclusion. We don't need to dig deeper in to the semantics than that.
     
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  3. Fraggle Rocker Staff Member

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    We have an instinctive revulsion to the taste and smell of things like that. In the Stone Age, it kept us from trying to eat things out of curiosity that would have infected us with bacteria.

    Dogs (and all canids), on the other hand, have such a short digestive tract that it's hard for them to maintain a bacterial culture. So they are attracted to the smell of feces and use it to replenish their culture--as every dog lover knows. Canids are about the only group of species that eat their entire kill, including the intestines and their contents. They'll even scavenge the intestines left by bears and cougars in their kills.
     
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  5. RJBeery Natural Philosopher Valued Senior Member

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    Didn't know that, I thought dogs ate shit to boost their immune system (or something). Also, flies seem to find shit tasty. With such an "obvious" observation that shit is objectively disgusting it's easy to see that this isn't necessarily the case.
     
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  7. Fraggle Rocker Staff Member

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    Many species of animals are detritivores. They consume the decomposing tissue of dead organisms, and/or their feces. Other species are scavengers whose digestive system can process organic tissue in a wide range of states from recently killed to already-decomposing, as well as feces, which is nothing more than organic tissue which some other animal's digestive system has already started digesting before he died.

    And of course it isn't just the Animal Kingdom that counts detritivores among its member species. Mushrooms are fungi with the rare ability to digest dead wood. They have the enzyme lignase, which can break down lignin, the compound that forms the incredibly hard cell walls of trees and other woody plants. Before the evolution of mushrooms, dead trees lay on the forest floor for thousands or even millions of years, to be very sloooowly broken down by physical forces such as erosion and compression. This is why we have a the Petrified Forest in Arizona, and also why we have deposits of petroleum, coal and natural gas. These things will never exist again in any significant quantity, once we use them up.

    Mushrooms intervene and turn them into compost. Look at the dead trees lying on the ground in any forest and you'll see them covered with happy little mushrooms, just doing their job.
     
  8. Billy T Use Sugar Cane Alcohol car Fuel Valued Senior Member

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    SUMMARY: Yes Fiat Currency, at least, is EVIL. But it will not be around much longer (China will back the RMB with gold)
    For how, See: http://www.sciforums.com/showthread.php?136309-Tapering-the-Taper&p=3123137&viewfull=1#post3123137
    For why, See: http://www.sciforums.com/showthread...l-Superpower&p=3117025&viewfull=1#post3117025
    And for some source finally agreeing with my more than four year old prediction of an gold backed RMB see post 1305 a few posts more recent in same thread.
    From link (1) below:

    Please Register or Log in to view the hidden image!


    Live 39 years more, and YOUR DEBT will be more than 1 million dollars! (in current dollars)
    I'm too old to live to see that and sitting the rise out in resource rich Brazil where China is already its main and rapidly growing export market.
    (1) http://www.cyniconomics.com/2013/09...uble-when-even-the-cbo-says-theres-a-problem/
    (2) http://www.cyniconomics.com/2013/10/06/why-the-debt-ceiling-debate-is-different-this-time/
     
    Last edited by a moderator: Oct 23, 2013
  9. Mathers2013 Banned Banned

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    I do not see how ANYONE can judge society (by studying sociology) because EVERYTHING has a place in society and cannot be separated from stated entity. Given this ANY study of society will lack "objectivity" and logic. However that is not to say that nothing can be learnt from studying society, merely that the conclusions will not be logical.
     
  10. RJBeery Natural Philosopher Valued Senior Member

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    Well we can make conclusions based on studying many societies across history. Some things work, and some don't. Communism is a good example.
     
  11. Mathers2013 Banned Banned

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    190
    But anybody studying society is a part of a society so the results will be illogical. I'm not saying useless, just illogical.
     
  12. RJBeery Natural Philosopher Valued Senior Member

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    Perhaps inconclusive but I wouldn't say illogical. Couldn't we make the same argument about anything?

    We're an integral part of reality, therefore any conclusions we draw about reality while studying it are illogical.

    Or maybe by illogical you mean that our conclusions will always have a subjective element to them. I think I agree with that.
     
  13. Billy T Use Sugar Cane Alcohol car Fuel Valued Senior Member

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    As fiat, yes:
    The banksters picked your pocket in two different ways: (1) Tax payers, not really FDIC take the loss & (2) You paid higher than free market interest rates, especially if your mortgage was of the ARM type.
     
  14. KitemanSA Registered Senior Member

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    624
    Is currency evil?

    NO!

    Please Register or Log in to view the hidden image!

     
  15. Gremmie "Happiness is a warm gun" Valued Senior Member

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    I say yes... Everything should be free. Yeah, I know, never gonna happen. I can dream the impossible dream though.
     
  16. wellwisher Banned Banned

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    Inanimate objects are not evil unless human define it that way. It takes humans to polarize neutral into evil. Money and currency is a means of exchange and trade that is compact and avoids having to trade chickens for pigs, when people don't need chickens. Money is more flexible and allows continued trade. It only becomes evil when humans get involved, since money without humans is not alive. Our imagination makes it alive.

    Money being evil is based on projection, where things in the unconscious mind, are made conscious, by appearing to stem from outside in the money. A hammer can be used to build a house or bash a head. If we left the hammer on the table it will sit and rust. It takes a human to choose its function. The good man will build while the evil man will use the hammer to bash heads. If we take away the human, the hammer does not do anything.

    The anti-gun lobby makes use of projection, since it is not very conscious of its own motivations. It sees its own dark side via the gun. The gun is alive and has magical powers that can force the hand to do thins it has no control over. The gun has evil JUJU that can control the humans like puppets. But in reality, this all starts in the human mind and heart, where all the evil dwells securely in unconsciousness.

    Part of self awareness is to accept the projection as part of you so one can deal with it.
     
  17. Arne Saknussemm trying to figure it all out Valued Senior Member

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    If everything were free, nothing would have any value.

    I agree with wellwisher. To put it another way though, in Thoreau's Walden he describes a simple-minded woodsman who though he seems stupid often gets to the heart of matters and sees the origin of complex institutions. So when Thoreau asked him if money were useful, the woodsman thinks it over, and says,"What if I had an ox, but I needed a needle and thread?" He can hardly parcel off bits of the ox for small necessities, or rather he could with promissory notes. Hence: money.

    As in the case of guns, or that Great Satan known as the Internet, money is merely a medium. Guns don't kill people. People kill people. Money isn't evil, avariciousness is evil.
     
  18. joepistole Deacon Blues Valued Senior Member

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    Well that isn't true. The FDIC is financed by the so called "banksters". It's a government insurance agency and it operates like an insurance company. Two, the LIBOR (London Interbank Operating Rate) which a lot of credit card and mortgage rates are tide was indeed manipulated by the so called "banksters". But the "banksters" were caught and are now paying for that transgression.
     
  19. Sorcerer Put a Spell on you Registered Senior Member

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    856
    Avarice is a good word, and shorter.

    Money is just a medium of exchange and neither good nor evil. Just there are crooks who steal it.
     
  20. joepistole Deacon Blues Valued Senior Member

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    Crooks still steal a lot of things, not just money.
     
  21. Sorcerer Put a Spell on you Registered Senior Member

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    A very important point, one that few people will have noticed.
     
  22. Billy T Use Sugar Cane Alcohol car Fuel Valued Senior Member

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    Are are you telling that if for several years I paid more interest on my ARM mortgage, with the interest rate tied to Libor that I will get a refund? I think not. I think the banksters will get slight fraction of their gain taken away is all that will happen, as usual.

    I agree that making good on deposits in failed banks is the task of the FDI and that they collect an "insurance fee" from the banks, that usually, but not always covers it. FDI has had to asked Congress (the tax payers) for the difference at least once, twice I think.

    But where do you think the banks get the money to pay that FDI fee? I don't think they find it under a old tire. I think they collect it from those with money on deposit in the banks - which is basically the same set of people, I called "tax payers."
     
  23. joepistole Deacon Blues Valued Senior Member

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    Maybe they will, maybe they won’t. But this administration has been very tough on banks and been very aggressive in fining them for transgressions. These fines have inflicted real pain on the banking industry, more accurately on bank shareholders.

    The FDIC, like the Federal Reserve, operates without government funding. Fees levied on banks fully fund the FDIC. However, the FDIC does have the ability to borrow money from the US Treasury. So if the FDIC borrows public money to pay losses, it must repay the US Treasury for those borrowed funds. Thus the FDIC would ultimately repay the US Treasury with money from the banking industry (i..e from the “banksters).

    http://www.bankrate.com/finance/savings/how-the-fdic-pays-for-bank-failures-1.aspx

    If you believe that banks and those who lead them are not in the business of charity and will charge the highest possible prices at any given time, then any additional costs come directly out of pockets of bank shareholders. Because were it not for the FDIC those fees would be pocketed by bank owners.
     

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