Paper Money and Fiat Currency is the Mark of the Beast

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Oct 24, 2019
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#82
Dishonest scales are an abomination to the LORD,
but a just weight is His delight.
(Proverbs 11:1)
honest scales are accurate & consistent ones.
dishonest scales are inaccurate &/or inconsistent ones.


as long as currency -in any form - is valuated fairly and consistently it is a 'just weight' -- which is why in Torah things were valued 'according to the temple shekel' ((e.g. Exodus 30:13)), this unit or representative 'fiat currency' being established as a regular & congruous exchange rate by the law of Moses in the Bible.

you are wrong to say that just because a currency exchange script is physically made of paper rather than some other earthly substance it is necessarily a dishonest scale; that's just factual error. and i don't see that the scripture agrees with you in any of these points?? to me it looks like you are misusing this verse ((and the other passages which similarly speak of honest measures))
Paper money is devalued. Today it is worth one amount, tomorrow another amount. That is why it breaks the command of the Torah. Understand.
 
U

UnderGrace

Guest
#83
Hahahhaha well......I mean.....this thread should be moved to a new catagory......CC HUMOR thread....or maybe a CC JOKE THREAD......or......I am as dense as lead thread...........

Oh my goodness so absolutely true!!(y)
 

posthuman

Senior Member
Jul 31, 2013
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#84
Gold does indeed have intrinsic value, because it is agreed by everyone that it has value and it is rare enough to be valuable
you are describing fiat currency.
a tangible unit of exchange not having value in and of itself but agreed upon to represent actual useful wealth, with its valuation being established by rarity arising either by natural finite scarcity or agreed-upon deliberate finitude of production.


that's what gold is. it has valuation for reasons of vanity - to make pretty adornments - and by reason ((primarily)) of agreed-upon representation of tangible wealth like chickens and cows and land.
 
U

UnderGrace

Guest
#85
Paper money is devalued. Today it is worth one amount, tomorrow another amount. That is why it breaks the command of the Torah. Understand.
The same thing happens with gold... gold only has value because of demand.
 
Oct 24, 2019
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#86
that appears to me to be a very weak & unconvincing argument, and doesn't explain what i see in scripture.

gold and silver is itself 'fiat currency' --- ya can't eat it. it represents the more tangible wealth of cattle and fields and produce, for which it was exchanged in Torah ((e.g. Numbers 18, Leviticus 27)) according to the law.

is it only because of the printing press that it becomes evil to use representative script? metals are fine, but cloth or paper is wicked?
Gold and silver is not "fiat", because gold and silver have value. Whereas paper is less common, and has zero to very little value. But the banks give it a value as valuable as gold, but it's true value, which is paper, is not that value, which is why it is "fiat" money. It is an imaginary value, a false value, which they use to steal, through the ignorance of the masses.
 

posthuman

Senior Member
Jul 31, 2013
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#87
Paper money is devalued. Today it is worth one amount, tomorrow another amount. That is why it breaks the command of the Torah. Understand.
the price of gold does exactly the same thing. however there are definite and universally accepted exchange rates, even if they change from day to day. the same can be said of a hen or a goat - today someone will give you 8 doves for a lamb; tomorrow they may give you 7. it's only unjust if you commit usury or charge your enemy 14 doves but your friend 6.

you are defeating your own argument that silver/gold is "ok" but paper/shells/beads/whatever is not.
 

posthuman

Senior Member
Jul 31, 2013
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#88
Gold and silver is not "fiat", because gold and silver have value.
oh? do they?

do they fill your belly, or keep you warm on a cold night?

you're wrong. you have to exchange coin for food or shelter or blankets.

silver/nickel/brass/gold/tin/platinum etc only have value as currency by fiat and/or mutual agreement as a form of representative, not tangible wealth. same as paper or bitcoin.

a dime isn't magically "real holy currency" but a dollar isn't just because of the physical material property of it.
you'd actually be better off with a whole lot of paper dollars than ten times as much coin, if you were cold. you could sew a garment from the dollars but the coin would not keep out the wind.
 
U

UnderGrace

Guest
#89
Seems to be quite a few people here lately on CC with lone ranger syndrome mixed in with a healthy dose of persecution complex
 
Oct 24, 2019
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#90
you are describing fiat currency.
a tangible unit of exchange not having value in and of itself but agreed upon to represent actual useful wealth, with its valuation being established by rarity arising either by natural finite scarcity or agreed-upon deliberate finitude of production.


that's what gold is. it has valuation for reasons of vanity - to make pretty adornments - and by reason ((primarily)) of agreed-upon representation of tangible wealth like chickens and cows and land.
No, the value of gold is based on weight. That is why the Torah calls for righteous weights and quantities. I give you an ounce of gold for your laptop. You give me 2 ounces of gold for all my refrigerator. The value of gold is based on weight. Whereas paper money, it is a perceived value, because it is merely paper, and those who issue it give it some value, which they then devalue over time, to their advantage. It is thievery.
 
Oct 24, 2019
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#91
oh? do they?

do they fill your belly, or keep you warm on a cold night?

you're wrong. you have to exchange coin for food or shelter or blankets.
silver/nickel/brass/gold/tin/platinum etc only have value as currency by fiat and/or mutual agreement as a form of representative, not tangible wealth. same as paper or bitcoin.
Paper money does not fill your belly any more than gold does. "Money" has nothing to do with filling your belly, it has to do with a medium that everyone considers valuable. Everyone considers gold to be valuable, which is why it was used for thousands of years as money, and its value was based on weight. Whereas paper money is considered to be valuable by everyone based not on weight, for it is merely paper, but on a perceived value. There is a huge difference. And through that perceived imaginary value, those who issue it deliberately devalue it. This isn't difficult to understand.
 
U

UnderGrace

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#92
No, the value of gold is based on weight. That is why the Torah calls for righteous weights and quantities. I give you an ounce of gold for your laptop. You give me 2 ounces of gold for all my refrigerator. The value of gold is based on weight. Whereas paper money, it is a perceived value, because it is merely paper, and those who issue it give it some value, which they then devalue over time, to their advantage. It is thievery.
This is so silly, this is connected to small agrarian economies and making sure everything is ethical/moral within that system.
 

posthuman

Senior Member
Jul 31, 2013
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#93
That is correct, I do not, I do have even have one penny to my name.
why not?

pennies are copper & zinc, not paper.
according to your expressed doctrine that's okay because metals have "
intrinsic value" as currency but fibers don't.
 

Lightskin

Well-known member
Aug 16, 2019
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#94
I can’t believe I actually clicked on this mindless, idiotic, ignoramus thread. I’m better off playing in traffic.
 

Lightskin

Well-known member
Aug 16, 2019
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#96
That is correct, I do not, I do have even have one penny to my name.
Unless you’re posting at a public library or on a friend’s computer, you have commodities, a.k.a. materialistic matter. Guilty as charged.
 

posthuman

Senior Member
Jul 31, 2013
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#97
Paper money does not fill your belly any more than gold does. "Money" has nothing to do with filling your belly, it has to do with a medium that everyone considers valuable. Everyone considers gold to be valuable, which is why it was used for thousands of years as money, and its value was based on weight. Whereas paper money is considered to be valuable by everyone based not on weight, for it is merely paper, but on a perceived value. There is a huge difference. And through that perceived imaginary value, those who issue it deliberately devalue it. This isn't difficult to understand.
gold's value is exactly the same as currency: by fiat. not intrinsic. you can't eat it. you can't fertilize your garden with it. you can't clothe yourself with it to keep warm or dry.

valuation of gold around the world throughout history is not universally identical.
certain tribes in the Yucatan had so much gold they considered almost worthless as anything other than sculpting medium. the conquistadors, who had a system which valued gold as representative currency, took great advantage of this. it is the same for other things such as silk, gems or other metal ores -- where it is plentiful, it is not valued highly. where it is scarce, it is.
it is only a just measure of currency when its valuation as representative, fiat exchange is mutually agreed on.
 
Oct 24, 2019
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#98
This is so silly, this is connected to small agrarian economies and making sure everything is ethical/moral within that system.
That is an ignorant comment, for even big time investors today purchase large amounts of gold and silver knowing that these are the only things that ever hold their value when paper monies collapse, which has happened many times because ultimately this financial system in the world is based on money that is merely paper, fiat currency. It's the very reason why it is rumored that an ounce of silver buys around 6 months of food in Venezuela, for the value of their paper money is at the floor, but the value of gold and silver remains. What I am telling you people is intelligent, but pearls are wasted on dogs who have no understanding.
 
Oct 24, 2019
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#99
Unless you’re posting at a public library or on a friend’s computer, you have commodities, a.k.a. materialistic matter. Guilty as charged.
Having possessions is not evil, having a form of money that is used to steal from the world is.
 

Dino246

Senior Member
Jun 30, 2015
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Gold does indeed have intrinsic value, because it is agreed by everyone that it has value
That is not the definition of intrinsic value. That is the definition of perceived value.

You really need to stop now. Your trolling is causing far too much coffee to be spit out in hilarity. It's a waste of intrinsically valuable coffee.
 
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