You Create Money

A Producer Rewarded Economic System

4. Money Symbol

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Revised November 14, 2013

The symbol called money was invented and put into use in order to simplify and standardize exchange value.  The money symbol also led to the simplification and standardization of the economic system.  It became apparent that when the supply of money units was held constant the economic system became very stable and prosperity increased.

This money symbol is usually printed and coined by governments.  Paper is the most common form of material used for the printed money.  Metal is the most common form of material used for coining money coins.  Money is a symbol that can be carried and counted conveniently.  The money symbol not only simplifies the complex problem of defining exchange value of products and services in terms of each other, it standardizes economic systems.

The money symbol is nothing more than paper and metal until a universal agreement is made by the Producers to have this paper and metal represent the exchange value that production by mankind has created.  This agreement is made and maintained every time each one of us uses this symbol when exchanging it for commodities, trades, goods or services.  The Producers have created this agreement.  They create the commodities, trades. goods and services and thus agree to use the money symbol to represent the value present in the commodities, trades, goods and services they have created.  When this agreement is made, we can say the person who created the commodities, trades, goods and services also creates the exchange value and production value which money represents.  Without a product, exchange value and production value do not exist.

The person who created the product which has the exchange value has in effect created the money that represents the exchange value.  The person who created the production has also created the agreed upon reality of: The money symbol represents the value of the commodities, trades, goods and services he has created.  Money without exchange value is not money at all but a piece of paper or a piece of metal.

The Producer is the initial creator, of the reality, of a money symbol representing exchange value for commodities, trades, goods and services marketed on the Open Market.  The non-producer and counter-producer came along later with their out-exchange ways to take money without an exchange for it.

Let’s look at exchange value expressed in money units.  We will start by having one dozen eggs equal to two (2) money units in exchange value.  We will have one gallon of milk equal to four (4) money units in exchange value.  One coat could have an exchange value of two hundred (200) money units in exchange value.  One computer could have an exchange value of one thousand (1000) money units and one car has the exchange value of thirty thousand (30,000) money units.  As can be seen, this is a system where all products created by mankind are now having their exchange values defined in terms of money units, a medium of exchange, instead of in terms of each other.  This has made a much more refined and efficient system in dealing with exchanging products that one produces for products that others have produced.

Producer Rewarded Open Market Economics
The Science of Economics
By: RP Obrigewitsch
July 7, 2012

3. Medium of Exchange

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Revised November 13, 2013

This article is the third article in the series of articles covering Axiom four, “Maintain a Constant Money Supply.”

A medium of exchange began to be needed and wanted in order to make the transfer of production value more efficient and practical.

With the absence of a defined money unit, we found products being traded in ratios to each other by the Producers to satisfy their needs and wants or demands.  This was the system of exchange in economics before the money unit was conceived and developed.  The money unit became the medium or intermediate step where value could be transferred during the sale of products on the Open Market.  The money unit with its newly transferred value could be used to purchase other products.  The symbol of the money unit, used for the value transfer, has had many forms down through the ages.

Production Value is the exchange value commodities, trades, goods and services have in relation to each other when exchanged on the Open Market, a Market that is open to all on equal terms. 

 Value is importance, worth or usefulness of a commodity, trade, good or service.  Competition among commodities, trades,  goods and services on the Open Market establishes the importance, worth or usefulness of each commodity, trade, good and service.  This competition is propelled by the forces of demand.  The needs and wants, placed in terms of demand, thrust forth by the Producers, establish the importance, worth or usefulness of commodities, trades, goods and services.  Competition on the Open Market along with the demands of the Producers gives commodities, trades,  goods and services their value.

Demand is a directed force put forth by Producers driving the competition on the Open Market.  The competition doesn’t just happen by itself; it is driven by a directed generated energy force.  This directed energy force is created by Producers.  It is an energy force directed in the direction of prosperity.  This force gives the Open Market its life.  The Open Market is like a living entity driven by the directed demand energy created by the Producers.

You could say the Open Market is like a living entity.  The Open Market gets its energy from the Producers.  This energy comes from commodities, trades, goods and services marketed on the Open Market and from Producer directed demand forces.  The Open Market is living, it is dynamic.  Producers create the Open Market by placing their commodities, trades, goods and services on the Open Market.  They then generate demand energy which they use to direct the competition among commodities, trades, goods and services.  Producers put life into the Open Market.

When non-producer and counter-producers enter into a Market they pull energy out of the Market.  They pull the market into recessions and depressions.  They pull the life out of the Market.  They suck the energy out of the organizations, societies, nations, mankind and the environment.

When the Market is broken down to its basic terms; we are really exchanging energy for energy.  When a non-producer or counter-producer enters into a Market they suck the energy from the Market.  They take commodities, trades, goods and services out of the Market without exchanging self-produced commodities, trades, goods and services for them.  They in effect take energy out of the Market without replacing it with energy of their own.  This act drains the Producer, families, organizations, societies, nations, mankind and environments of energy.  It brings about a state of economic decline and puts Producers, families, organizations, societies, nations, mankind and environments on a path receding away from prosperity.

There is only one true Market.  That true Market is the Open Market, open to all on equal terms.  Whenever non-producers and counter-producers enter into an Open Market even very slightly that Market is no longer open to all on equal terms.  It is a Market with a negative energy flow.  That energy flow is out of the Market.  This gives a receding economic condition.  When we have a true Open Market energy is flowing into the Market.   This gives a prosperous economic condition.  It is very important to maintain a Market where energy is flowing into the Market.  This leads to prosperity.

The Standardized money unit is the constant unit of measure that represents production value.  It also represents energy, wealth, capital and power.

A Constant Money Supply standardizes the money unit as a unit of measure for production value and Producer generated energy.  It is very important to maintain a Constant Money Supply. A Constant Money Supply gives a positive energy flow in the Open Market and maintains the Market as an Open Market.

An expanding money supply is a money supply that is not held constant. An expanding money supply causes a negative energy flow in the Open Market.  Money received by expanding the money supply without placing production on the Market causes a negative energy flow away from the Market. In this case the energy flow is from prosperity to recessions.  The economic conditions for individuals, organization, families, societies, mankind and environment are on a declining path.  Expanding money supplies destroy Open Markets and prosperity.

When the value of the dollar was floated in 1971 it was taken off the Gold Standard.  The money unit was floated.  Then the money supply could be expanded by a Central Bank at the whim of the operators of the Bank.  The dollar was now not standard.   It was no longer a standardized unit of Measure.  The result for the United States is an economic system that is no longer standardized.  Today this economic system is operating with a money unit whose value is altered anytime the central bank expands the money supply.  The Gold Standard was removed, as a way to maintain a Constant Money Supply.  The removal of the Gold Standard allowed the money supply to be expanded by the Central Bank.

Before 1971 the money supply was held constant by defining each ounce of gold to be equal to 35 dollars.  The amount of dollars allowed to be in circulation was equal to 35 times the number of ounces of gold held in a vault.

Expanding the money supply is like allowing the Meter or Pound to be arbitrarily changed in size and weight.  This would be allowing these standardized units of measures to change over time.  This would cause chaos throughout the societies.  Floating a money unit, instead of holding it as a constant unit of measure, is an idea made by counter-producers and non-producers.  From the moment they float the money unit, and from then on, they can continue to steal their money value, energy, wealth, capital and power from the Producers by expanding the money supply.  There is a belief that money supplies must be expanded to maintain economic well being.  When Producers and only Producers of the money are rewarded, money supplies can be held constant and the economic systems move toward more prosperity.  Expanding money supplies rewards non-production and counter-production.

A Constant Money Supply maintains a very stable Medium of Exchange

 Money, as the Medium of Exchange, is the intermediate step used during the exchange of commodities, trades, goods and services on the Market.

When money came into existence, money added a step in the exchanging of commodities, trades, goods and services on the Open Market.  Instead of exchanging commodities, trades, goods and services directly for other commodities, trades, goods and services; the commodities, trades, goods and services were first exchanged for money.  The value of the commodities, trades, goods and services was transferred to the money unit.  The money unit was then used to exchange for other commodities, trades, goods and services.  Value contained in the money unit was then transferred to another Producer for his/her commodities, trades, goods and services. This is when the money unit became the standardized measure for the value of commodities, trades, goods and services.  This is why it is very important to maintain a Constant Money Supply.  When the money supply is not held constant but allowed to expand, the money unit as the Medium of Exchange loses its standardization.  When the money unit loses its standardization economic systems get destroyed.

 It is much easier to transfer production value to a money symbol, a Medium of Exchange, than it is to transport commodities, trades, goods and services around to make exchanges directly among them.   Once the product value is transferred to the money symbol, the Medium of Exchange, it is much easier to make purchases of other Producer’s commodities, trades,  goods and services. The concept of a money unit came into existence to act as an intermediate step during the exchange of commodities, trades, goods and services.

Commodities, trades, Goods and services must be exchanged on the Open Market in order to determine the correct production value for each commodity, trade, good and service.  When commodities, trades, goods and services are exchanged on a Market that is not an Open Market, not equal to all on equal terms, production value will not be correct.  For example; in Markets where monopolistic practices are allowed, the production value created through a monopolistic individual or organization will usually be incorrectly higher.  Monopolistic practices are a form of rewarding non-production and counter-production.  Rewarding non-production and counter-production will lower money value.

Only where all Producers are in the Market on equal terms and only Producers are allowed to participate in the Market will the production value of all commodities, trades, goods and services exchanged on the Open Market be correct.

Rewarding non-production and counter-production places more money in circulation in relation to commodities, trades, goods and services on the Market.  This leads to fewer commodities, trades, goods and services being on the Market in relation to money in circulation.  The money value goes down as the non-producers and counter-producers bid up the prices of the existing commodities, trades, goods and services on the Market.  When money is given to non-producers and counter-producers they are taking money without placing commodities, trades, goods and services on the market.  This causes more money to be in circulation.  This money is found in the pockets of non-producers and counter-producers.  They use this money to bid up the prices of commodities, trades, goods and services on the market.  This will cause money to lose value.  It requires more money to purchase the same products.  Inflation is the result of having fewer commodities, trades, goods and services on the Open Market in relation to money units in circulation.

In conclusion; during Marketing, value is transferred from commodities, trades,  goods and services to the medium of exchange measured in money units.  Money units become packets of value and can be much more easily transported over distances and used to purchase other Producers’ production. The money unit, used as a unit of measure along with a Constant Money Supply, increases the efficiency of and standardizes the economic system.  A medium of exchange composed of money units was established.  This medium of exchange becomes standardized when the money supply is held constant.

Producer Rewarded Open Market Economics
The Science of Economics
By R P Obrigewitsch
June 29, 2012

2.01 Attention Vacuum and Producers

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Revised November 2, 2013

When I am talking about an attention vacuum and Producers, I am talking about the lack of attention the Producer places on securing his energy creation and production from the non-producers and counter-producers.

As Producers create energy for use in the production of commodities, trades, goods and services, their attention is on their production cycle.  With their attention, while placing it into the future, they create production.  They leave an attention-wake or an attention-vacuum as they move forward in their production thrusts.  This is much like a ship moving though water or an airplane moving through the air.  There is a vacuum-like wake left behind the boat or the airplane.  They place very little, and in most cases no, attention on securing their self-created money, value, energy, wealth, capital and power.  This self-created money, value, energy, wealth, capital and power must be secured.  The attention-vacuum is the lack of attention placed on securing the money, value, energy, wealth, capital and power the Producers create.  When there is no securing-attention present, the non-producers and counter-producers will place their attention on the unsecured money, value, energy, wealth, capital and power.  They will use their attention to steal the money, value, energy, wealth, capital and power.

The Producers leave an attention-vacuum as they place their attention on the future production of commodities, trades, goods and services.  The Producer places attention forward in time.  With attention thrust forward in time while creating production; money, value, energy, wealth, capital and power are created.  The money, value, energy, wealth, capital and power are created by the Producing individuals. 

Producers are high producing beings.  They have placed their attention forward into the future.  It takes attention placed into the future to create commodities, trades, goods and services.  The Producer generates energy during the process of production.  He transfers this energy into the products as he creates them.  The production is exchanged for money units.  The energy is transferred from the products to the money units during the process of exchanging the production for money on the Open Market. The money units now have the energy installed in them.  The Producer can carry the energy around in the form of money units.  He can then use the money units to exchange for other needed and wanted commodities, trades, goods and services.

The non-producers and counter-producers have a tough time creating their own energy.  They steal much of their energy away from the Producers by taking money without a self created product exchanged for it.

Much of the energy that non-producers and counter-producers steal and create is used for destructive purposes.  They occupy the attention vacuum left by the Producers.  From that position, they take energy in the form of money units without an exchange of commodities, trades, goods and services for it.  The non-producers and counter-producers use this energy to take over the political system.  They, as non-producers and counter-producers, overpower the political system with lies, deception and propaganda.  They monopolize the media, pay non-producers and counter-producers millions in money units to propagandize the Producers.  The Producers have their attention directed into creating new commodities, trades, goods and services.  Producers don’t put much attention on the destructive activity of the non-producers and counter-producers.  Because Producers are honest and trusting they take notice only after the economic system starts to fail.

Because of the lack of an Axiom-based economic system today, the Producer has a difficult time finding the source of the economic decline.  The Producers have been beaten down so often and so long by non-producers and counter-producers, they don’t know they are the money creators.  They don’t know they are the main beams and the support structure for the prosperity of Mankind.  They don’t know non-producers and counter-producers exist.  They allow non-producers and counter-producers into the Marketing system.  They allow lies, deception and propaganda to be part of free speech.  They allow non-producers and counter-producers into the Political System.  Non-producers and counter-producers are very adept at deception (smoke and mirrors,) lies, and propaganda.  Producers allow this, “anything goes,” system.  Producers don’t know everything, created on planet earth, is created by the Producers. Things don’t just happen, Producers are the movers and the shakers and they make all prosperous things and activities happen.  Producers don’t know how important they are.  They don’t know they are important enough to stand up and say, “I created that money through my hard work and labor, therefore it is my money!  Get your hands off of it!” 

This is where the attention vacuum exists.  The Producers haven’t had an Economics Technology in the past to use as a tool with which to apply and prosper.  Producers haven’t had a Political Technology in the past to use as a tool with which to apply and prosper.  Producer Rewarded Open Market Economics is the Economics Technology.  Technology of Democracy is the Political Technology.  By being educated and well versed in the two Technologies the Producers will have the awareness of the existence of non-producers and counter-producers.  They will have the awareness of their lack of securing their self-created money, value, energy, wealth, capital and power.  They will be able to put attention on the vacuum left behind as they create money, value, energy, wealth, capital and power through the production of commodities, trades, goods and services.  They will be able to secure their attention vacuum.   They will have the awareness of the non-producer and counter-producer.  They will have the awareness of the destructive methods used by the non-producers and counter-producers. 

Producer Rewarded Open Market Economics
The Science of Economics
By: R P Obrigewitsch
February 13, 2012

 

6. Free Market, Non-existent!

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Revised November 18, 2013

The Free Market today is almost non-existent.  It is buried beneath all the destructive schemes, dreamed up by non-producers and counter-producers.  They use their destructive schemes to take money without an exchange for it. The Market is there working like it should be working.  It is establishing value for commodities, trades, goods and services that get placed on the market.  However, the market is covered in a shroud of unethical, immoral, and lawless schemes.

This shroud is composed of monopolies and  government sanctioned monopolies.  It is also composed of schemes of speculation that involve no production.  Government subsidies, welfare for the rich and welfare for the poor are also part of this shroud.  This shroud also includes massively over allocated military spending.   People who hold positions and do not produce at all or produce less than the money received in pay are a part of this shroud.  Other areas covered in this shroud are other massively wasteful government programs, people in power receiving huge amounts of money with no or not enough production in exchange for it; illegal drug trade and excessive unneeded legal drug trade.

The shroud includes individuals in governments.  They sit in a position of power, redistributing the money, value, energy, wealth, capital and power away from the Producers.  They placing it into the hands of non-producers and counter-producers.  Capital Destroying Capitalists, Communism, Fascism, Right Wingism and Left Wingism have as their central thrust to redistribute the money, value, energy, wealth, capital and power of a nation.  They place it  into the hands of non-producers and counter-producers.

When you study the Market you will see through this shroud and see the Free Market working.  It is a Market, after all.   “All Markets have supply and demand forces at work establishing the value for all commodities, trades, goods and services on the Market!”

Producer Rewarded Open Market Economics
The Science of Economics
By RP Obrigewitsch
December 4, 2011

10. A Barter or Money Based Market?

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Revised November 21, 2013

The Market is either based on barter or it is based on an exchange symbol.  Today money is being used as the exchange symbol.  Money is being used as the medium of exchange.

In the barter system, which is basic marketing, production is exchanged directly.  It is exchanging production for production.  The value of the exchanged commodities, trades, goods and services is established and defined in terms of products.  An example would be 30 dozen eggs equals one coat, or one coat equals 30 dozen eggs.  One gallon of milk could be defined in terms of having the value of 2 dozen eggs.  Or it could be said that one television would have the value of 400 dozen eggs.  We could define the value of all production in terms of eggs or milk or a standard television.  Instead, we use the money symbol.   The money symbol injected into the system acts as a medium.  Money is a medium for value and energy transmission.  All value of products and services is measured in money units.

In the Money Symbol Open Market System, the value of the exchanged produced commodities, trades, goods and services is established and defined in money units.  The money units become packets of value.   You can carry them in your pockets, wallet, or purses.  You use these packets of value when purchasing commodities, trades, goods and services for your use and consumption.  This is how paper and coin, called money, acquires its value.

In the Money Symbol Open Market System; the energy, generated by the Producer and used to create commodities, trades, goods and services is transferred into money units when exchanging commodities, trades, goods and services for the money units.  Money units become packets of energy you carry on your person.  These packets of energy are used to purchase commodities, trades, goods and services for your use and consumption.  Money becomes packets of energy that is moved around and used to create more production

You can look at money units as packets of value and as packets of energy.  You can look at money units as both value and energy packets.  Money is a symbol that represents value of commodities, trades, goods and services and a symbol that represents energy that was created by the producer and used to create the commodities, trades, goods and services.  Value, defined in money units, tells you how much your production is worth.  Energy, defined in money units, gives us a measure of the energy created by the producer which was used to create the commodities, trades, goods or services.

Energy created by producers and transferred into production gives us the link of ownership between the producers and the production.  This energy transferred into money units as it is exchanged on the Open Market links the producer to the ownership of the money units.  The producer created the production with his energy and now owns the money units that are exchanged for it on the Open Market.

Producer Rewarded Open Market Economics
The Science of Economics
By: R.P Obrigewitsch
September 30. 2011