IS MONEY THE ROOT OF ALL EVIL???

29 comments

Posted on 11th December 2012 by MuckAbout in Economy

 

There was an opinion stated on the TBP in the last day or two about “Money being the root of all evil.” and all that crap. Here are a few musings on the matter.

 

Actually, money is a very useful invention and lies at the base of our “barely is” and “slowly shrinking” prosperity. The bad part is the human tendency to foul its’ own nest, which we are doing in so many and varied ways from printing fiat money and spending it first (that’s the 1st Rule of Government – spend it first!) to polluting any and everything we touch with oil, waste heat products, feces, fertilizer and plastic crap to using up antique aquifer water (a few hundred million years old) so fast that within the lifetimes of our great grand children, farmers’ wells in the corn and wheat belts will be dry, dry, dry. Maybe whatever the “money” is then will be sufficient to pipe in water from Canada. Or perhaps things will be warm enough by then to do the farming in Canada, who knows..

The human animal is just a remarkably shrewd, not very smart, upright ape with very selfish tendencies. Of course, there are exceptions to the “not so smart” but, in all, as a race, our IQ’s have been dropping for 4,000 years. This produces an entire world wide population of beings who, in general, only think of today – maybe tonight as well – especially if sex is involved — but absolutely no farther. The short term, instant gratification mode is glaringly present in all aspects of human behavior from shoplifting to politics to excessive extraction of natural resources.

That’s why “kick the can” is universally preferred to really fixing anything when it’s gone wrong.

Paint over it, move it over, rearrange the chairs, weld that broken strut (poorly), just fill it with putty and so on and so on.

But “money” is not the cause of all this present and coming agony. We are the cause of it. Now how is that?

The 2012 elections should have plainly written in the sky in all CAPS for everyone to see that cares to look up from their video game is that some 200 years ago a thrifty Scottish fellow by the name of Alexander Fraser Tytler, had a startling insight into the nature of short term human thinking, so well proved out today. Right now, in fact.. It goes as follows:

“A democracy cannot exist as a permanent form of government. It can only exist until the majority discovers it can vote itself largess out of the public treasury. After that, the majority always votes for the candidate promising the most benefits with the result the democracy collapses because of the loose fiscal policy ensuing, always to be followed by a dictatorship, then a monarchy.”

I’m not so sure about the “monarchy” conclusion reached at the end – but a dictatorship or fascist form of government is obviously the most likely as civil order finally implodes when the Free Shit stops — as it mathematically must at some point when lack of resources, technology and productivity fail to keep us even with the “Take from the productive and give to the non-productive” proclivity that exists in broad reaches of the world today – especially in the USA and the EU.

Another fellow – a bit later in time – Alexis de Tocqueville by name, had a slightly different view of corruption via political pollution of money:

“The American Republic will endure until the day Congress discovers that it can bribe the public with the publics’ money”.

And then we have Will Rodgers who summed it all up, “A fool and his money are soon elected.”

Ending with Margaret Thatcher, “The problem with socialism is that eventually you run out of other people’s money [to spend].”

Put them all together and you have been provided sufficient foresight into the simple fact that money is not the root of all evil but that man is all root, trunk and branch; through his actions, the functions of money are distorted and once distortion (i.e. fiat inflation of any ilk) has gained a foothold, eventual debasement and collapse of the fiat money are inevitable.

Please remember: unbacked credit and money created out of thin air are exactly the same thing and the collapse of the debt it “finances” which will happen simply depends on the confidence of those people, wherever and whomever they are, who accept the fiat money/credit in exchange for real property, goods and services.

When the people and producers, in their inimitable fashion, lose confidence in the fiat credit/money to purchase real goods and services in an orderly fashion, the immediate response is to try and find something else to use for money – in a black market..

Gresham’s Law (well proven) states, “Bad money drives out good money.” and makes the good money vanish from view into the black market where some great bargains can be had. But you must be careful the Government doesn’t catch you because by then, the Government has installed draconian currency controls, confiscatory taxes and other robber baron methods to fleece businesses, the sheeple and outlaw anything but their own fiat garbage as a medium of exchange!.. You take their worthless money at the point of a gun or be mightily punished for not doing so. Be advised that this is the true path into penury and has happened throughout history time and time again.

History is exceptionally cruel in this respect in that when debasement of money, fiat and unbacked “fantasy credit” is issued that will never be repaid begins to happen, there is no historical incidence or record of it ever ending except in disaster. NEVER.

It always collapses just like any other Ponzi scheme, even when done on a worldwide multinational basis. We are watching the twisting and turning of Central Banks and Governments world wide trying frantically to get out of debt by going deeper into debt, papering over default by selling themselves bonds they printed themselves and all other varieties of kinky fiscal idiocy that will eventually blow away in the wind, leaving all concerned dead and dying at the end of the rope they strung for themselves to hang by.

This fiscal exercise in futility is then followed by a general lowering of living standards, a die off of significant proportions and, in a burst of glory, the fabled Man on The White Horse barges in (with his loyal troops) to the “rescue” and we all find ourselves living under martial law at a much, much lower living standard and with a Military fascist promising to liberate us from our own folly. Same old, same old. This has played out time after time down the tortuous trail of history and our situation will be no different this time either.

The bitch is in the timing. My comment on a thread elsewhere about it being a long and agonizing scream of misery followed by a “Bang” applies.

In the l-o-n-g run, if anyone is interested in it, we are totally screwed as a race – humanity that is, not some subset of it – and money has nothing to do with it. We, however, are smarter than the dinosaurs and other “less intelligent” species that have vanished before us through accident, cosmic indifference or climate change. We are currently engineering our own extinction ourselves which will have the exact same effect as enjoyed by all those species preceding us to extinction. We, in our particularly twisted ways, are hurrying other lesser species to extinction every day as we continue to rape and pillage various environments for greater “economic” glory.

Think about this: 98% of all documented species that ever dwelled on the planet are now extinct.  What makes anyone think we’re “too special” to trot right along after the other 98%, especially since we are destroying our own ecosystem?

There isn’t a chance in Hell that the human race, in all its’ glory, varied self-centered goals, wants and perceived “needs” will be willing as a world wide group to agree on anything, much less coordinated action to prevent or mitigate what is roaring down the pike toward us all. Which is a planet 2-6 degrees Celsius hotter than today with all the misery that will cause from draughts, extreme hurricanes, violent monsoons and a huge rise in ocean levels that will flood a billion people from their homes and cities. But that’s day after tomorrow and of no interest to the teeming masses of sheeple that cannot even understand it, much less bring any pressure on ruling bodies to arrest the trend..

But “money” is not to be blamed for any of it.

Our own distortion, misuse, over use and stupid use of so many things in Nature, both the human sort and that belonging to Mother’s Nature is to blame for every bit of it and as Pogo said, “We have found the enemy and he is us!”.

 

End

29 Comments
  1. Stucky says:

    Muck About

    The idea of, “Money being the root of all evil.”, whether intentional or not, comes from the Bible. But, that’s not what it says. Rather,

    “For the LOVE of money is the root of all kinds of evil.”
    —- 1 Tim 6:10

    Your post is spot on. Whichever person(s) said ‘money is evil” … well, they are are dealing with a full deck.

    11th December 2012 at 10:39 am

  2. Stucky says:

    dammit. “are NOT dealing with a full deck”.

    11th December 2012 at 10:40 am

  3. Georgie says:

    A good post on what is money – definitely worth a read: http://whataboutmarx.blogspot.com/2012/01/what-is-money-is-it-same-as-currency.html

    11th December 2012 at 10:43 am

  4. Hope@ZeroKelvin says:

    +1000 Muck.

    It isn’t money that is the problem, the problem is the essential corruption of human nature. Plus the root insanity of our species, of course.

    One of my favorite movie scenes:

    http://www.youtube.com/watch?v=MF_4EWSuzQY

    “It is in your nature to destroy yourselves.”

    11th December 2012 at 10:43 am

  5. bluestem says:

    Mark Twain said that the lack of money can be the root of evil. I suspect both statements can be true. John

    11th December 2012 at 11:17 am

  6. harry p. says:

    I think when ignorant people say “money” they mean “wealth.” But of course it isn’t the root of evil, money is an invention of man used to improve commerce. It is an inanimate object or tool.
    That kind of thinking is the same that leads people to say things like “guns kill people”.

    IMO the root of evil comes from the intent and desire to rule over and control other people. Money is just a means to get people to do what you want by bribery or to pay someone else to force them to do what you wish.
    This is why government is inherently evil, the best govt can only be less evil that the rest. And it can never achieve “goodness.”

    11th December 2012 at 12:11 pm

  7. flash says:

    Money is not the root , but it’s most certainly a choking vine growing from the root, which is banking.

    11th December 2012 at 12:24 pm

  8. sangell says:

    Sex is the root of all evil ( and the source of all progress). While it has been said prostitution is the world’s oldest profession obviously that cannot be true because someone first had to have a good or service worthy of the exchange.

    Yep, the pursuit of sex created economics. The first guy to realize planting seeds in the ground and growing extra food found he could also plant more seed in the women folk during the cold winter months when food was in short supply or trade his extra food to some other band of less advanced hunters short of game in exchange for the hot young cave girl. Once the word spread in the neolithic world that having a lot of stuff made one ‘desirable’ to females invention, trade and acquisition of property never looked back.

    11th December 2012 at 12:29 pm

  9. Reverse Engineer says:

    The Bible says “The Love of Money is the Root of all Evil” and the common and convenient cliche is “Money is the Root of all Evil”, however it is probably more accurate to say “Money is the FERTILIZER of all Evil. Evil exists always as a seed, but in order to grow to Global Destructive Power takes a lot of Fertilizer. A Ted Bundy can be Evil and kill a dozen women, but it takes a Jamie Dimon to kill millions of Greeks and Spaniards by destroying their pensions. It takes a Ben Bernanke to destroy the pensions of millions more here in the FSofA. To be world shaking Evil takes a LOT of money, just ask John D. Rockefeller, Andrew Carnegie, Mayer Rothschild, Warren Buffet or Bill Gates.

    Of Money, I will say what J. Rober Oppenheimer said of the Atomic Bomb, quoting the Bhagavit Gita:

    I am Become Death, the Destroyer of Worlds.

    RE
    htt://doomsteaddiner.org

    11th December 2012 at 12:38 pm

  10. harry p. says:

    women-are-evil.jpg

    11th December 2012 at 12:52 pm

  11. Kill Bill says:

    Money, be it made of gold, silver, copper, iron or cotton, which is what money is mostly comprised of today, [inanimate objects all, it is people that give money power and then use that power of money to control, even kill, people.

    “I can hire one-half of the working class to kill the other half.” -Jay Gould

    11th December 2012 at 12:59 pm

  12. wip says:

    HSBC doesn’t think so. They only had to pay a fine for laundering money for various evil organisations http://www.google.com/m/search?q=hsbc+money+laundering&hl=en&client=ms-android-att-us&tbo=u&source=android-search-app&v=141292727&source=univ&tbm=nws&sa=X&ei=VHXHUPaXKsi-0QGMjYCQAQ&ved=0CCsQqAI

    11th December 2012 at 1:05 pm

  13. Hal (GT) says:

    It’s not so much money. But the love of money that leads to so many evils, as Reverse Engineer writes. With gold, it’s “Gold Fever”.

    So you’re right about our own “misuse and distortions” of money which come about as we use our resources for our selfish ends.

    11th December 2012 at 1:42 pm

  14. Der Scheisskerl says:

    Money to a large extent enables the parasitic relationships that exist in our society today. Just image Obama had to come to your farm and steal some eggs out of your chicken coop. Income tax withholding and QE∞ is a lot more convenient.

    11th December 2012 at 2:03 pm

  15. Hope@ZeroKelvin says:

    @harry p:

    Your equations work better if you substitute “politicians” or “banksters” for “girls”.

    11th December 2012 at 2:13 pm

  16. ThePessimisticChemist says:

    @sangell –

    “Sex is the root of all evil ( and the source of all progress). While it has been said prostitution is the world’s oldest profession obviously that cannot be true because someone first had to have a good or service worthy of the exchange.”

    I wouldn’t call hunting/gathering a profession.

    Otherwise the government will be billing my cat’s earnings for each mouse killed.

    11th December 2012 at 2:18 pm

  17. ecliptix543 says:

    @ Hope – Nah, I think harry got it pretty much right.

    11th December 2012 at 2:27 pm

  18. IndenturedServant says:

    I only read the first two sentences and decide to comment before reading the entire article.

    HUMANS ARE THE ROOT OF ALL EVIL! PERIOD! Good and evil are HUMAN concepts. No money need exist for evil humans to exist.

    I_S

    11th December 2012 at 3:31 pm

  19. Chicago999444 says:

    The root of all evil is the conviction that you can get something for nothing… and are ENTITLED to it.

    11th December 2012 at 3:50 pm

  20. IndenturedServant says:

    Yep, I was right. I will concede that the role money, with respect to evil, serves as a means to speed it up or or slow it down but even then, it depends on your current perspective.

    I love thinking about things like this from as many perspectives as I can dream up. The conclusions I come to make me appreciate my hobby of amateur astronomy all the more. Looking at the light from an object so unimaginably distant, really puts shit into perspective. Light travels at 186,000-MILES_EVERY_ SECOND. Think about how far it travels in a day, a month and a year. The most distant object I can see in my scope is 2.44 billion LIGHT YEARS away. It’s difficult to fret about the impending collapse when observing and pondering such things.
    I_S

    11th December 2012 at 4:15 pm

  21. Buckhed says:

    Money,…..well if you’re a douche bank then money allows you to get away with evil.

    HSBC pays a 2 billion fine on 38 billion in profits for doing business with outlaws..the bank was described as too big to prosecute. Yet here in S.C. a guy is in jail for doing business with Iran….steal a lot…go free..steal a little…go to jail !

    11th December 2012 at 7:05 pm

  22. SAH says:

    @Muck – of course your piece leaves little else to be said. I especially enjoyed the quote of Alexander Fraser Tytler, which I had never read before:

    “A democracy cannot exist as a permanent form of government. It can only exist until the majority discovers it can vote itself largess out of the public treasury. After that, the majority always votes for the candidate promising the most benefits with the result the democracy collapses because of the loose fiscal policy ensuing, always to be followed by a dictatorship, then a monarchy.”

    You say you are unsure of the last part – monarchy, but that is the part I am quite certain of. We see it in dictatorships, such as the Castros in Cuba and the Kims in North Korea. When the original dictator expires, power starts getting passed through family lineage. We also see this tendancy in the USA at present: Kennedy Family tried, Bushes have been relatively successful, Clintons are trying. IF we have an election in 2016 (I’m unsure) I will be shocked if it isn’t a ‘choice’ between Hillary Clinton and Jeb Bush. Once a dictatorship is openly in place in America, it will become monarchical almost immediately.

    11th December 2012 at 7:24 pm

  23. IndenturedServant says:

    SAH said:
    ” IF we have an election in 2016 (I’m unsure) I will be shocked if it isn’t a ‘choice’ between Hillary Clinton and Jeb Bush.”

    I sincerely doubt another Bush or Republican (not that I would vote for either one) for that matter, will ever be elected President in this country again. Billary would just be an unmitigated disaster. Every “choice” from here on out will be between a Giant Douche or Turd Sandwich or much worse.
    I_S

    12th December 2012 at 1:45 am

  24. Reverse Engineer says:

    Another good Metaphor for Money is that it is an Evil Amplifier. Without Money, Evil is like John Denver playing “Leaving on a Jet Plane” on an Acoustic Guitar. With Money, Evil is like Metallica and Aerosmith in a Battle of the Bands at Madison Square Garden.

    Without Money, Evil is a Dim Candle which Flickers in the Wind. Allow the Cancer of Money to metasticize inside your society, and Evil is a 3M Candlepower Laser illuminating the Moon.

    Without Money, Evil is a Grasshopper in your Garden. Allow the Fungus of Money into the Garden of your society, and Evil is a Plague of Locusts devouring your entire crop.

    In the Absence of Money, Evil is an Accounting Error on a Ledger Sheet. Allow the HFT Program of Money into the Market of your society, and Evil is a Flash Crash of a Million Pension Plan’s Investments.

    In a Money vacuum, Evil is a BIOS error in the OP system of your computer. Allow the Virus of Money to infect your Network, and it will Go Viral and take down the whole OP System of your Society.

    Subtract Money from your society, and Evil is a Horse and Buggy running down a Dirt Road in Amish Country. Add Money to your society, and Evil is a Fleet of Muscle Cars, SUVs and Dodge Viper Gestapo Cars motoring down the Interstate at 100mph.

    Money AMPLIFIES Evil and EMPOWERS Evil. Money is the means by which Evil spreads itself throughout the society. Without Money, Evil gains very little perch and can only do minor and localized damage to the Earth and Human Society. Allow your society to make Money its means of exploiting the Earth, and it will destroy it. The evidence of that is already in.

    Oppenheimer-414×222.jpg

    “We knew the world would not be the same. A few people laughed, a few people cried, most people were silent. I remembered the line from the Hindu scripture, the Bhagavad-Gita. Vishnu is trying to persuade the Prince that he should do his duty and to impress him takes on his multi-armed form and says, “Now, I am become Death, the destroyer of worlds.” I suppose we all thought that one way or another.”

    RE

    12th December 2012 at 2:42 am

  25. KaD says:

    Power corrupts, and absolute power corrupts absolutely.

    In our culture MONEY is power.

    12th December 2012 at 9:51 am

  26. reverse engineee says:

    “Power corrupts, and absolute power corrupts absolutely.

    In our culture MONEY is power.”-KaD

    In ALL cultures that use it, Money is Power and magnifies the Evil. Babylon, Rome, FSofA all use money, all Great Evil. Kalahari Bushmen, Aboriginal Australians, Inuit, No Money, very small Evil footprint. The relationship is clear and demonstrable repeatedly through history.

    RE

    12th December 2012 at 7:43 pm

  27. Administrator says:

    RE

    Aren’t you rich?

    12th December 2012 at 7:49 pm

  28. Reverse Engineer says:

    Loaded. happy-131.gif

    RE

    12th December 2012 at 8:39 pm

  29. Reverse Engineer says:

    696321.jpg

    happy-dollar-signs-094.gif

    RE

    12th December 2012 at 9:28 pm

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