So we have long known that money, which is off course (!) moon-ey makes the world go wrong.
Wait, did I miss quote that? Off course not, mooney does make the whirled go round. Right?
I, for one, never understood how a coin or a flat piece of paper or plastic had enough angular momentum to chimpart (hah…read on) to this Huuuuuge globe we live on, now literally going pear shaped (seriously, shysters, posing as scientisum-ists, who gave us the blue marble, now say that the earth is actually pear shaped, a bit bottom heavy if you will)….
But it does seem to be the case. Mooney makes the whirled go pear shaped. Veddy con-fusing. Yes, I’m con-fused. when I’m confused, diction-aries tell me I’m scattered, but I’m actually con (with) fused, which is all together.
Which is it? Now I’m really con-fused.
But digressions aside and confusions to the four…
Money, currency, credit, debt, derivatives, supply, demand, elastic curves, malthus, coin-age…I could go on…clearly rules our world.
Got a dollar, buy you something. Got a billion dollars? Buy a country, re-write laws, float above the law….you know how it goes.
Used to be a time, a long time ago, when money, better known as wealth, was pure. Gold, Silver, a cow, a herd, a rock with a hole in it….real things. You had either worked for it, inherited it or stolen it, but it was real. Having vaaaaast amounts of it was impractical…
Then, when we got debased (and we did, again and again), our sense of wealth and value was debased too…read some history. Debasing the coin of the realm was a favoured trick of the fallen emperors of our peculiar age (piscean if you must know)…a little cheap nickle mixed with the silver, who’d know, eh?
Rome fell in direct proportion to the debasement of it’s currency. The cause and effect question might as well be that of the chicken and egg, but they fell together, the realm and the coin of the realm.
Monetary history, it’s impact on civilization and our journey with it to this time makes for a fascinating study, worthy of a delve.
I could, as it were, go on.
But let us fast forward…whirrrrr…..fzzzzzz……..ziiiitttttt….
Toady, having traversed cheap paper (fiat currency), plastic notes, plastic cards…here we are.
Money, detached from all roots or reality, mere digits in this digital age, sit (well, in a manner of speaking) in main-frames somewhere. Easily moved, easily manipulated, easily stolen, easily hidden….
Money IS NOT wealth. It can buy you wealth, but it is NOT wealth. Not paper money, not plastic money, not digital money….
Money that is unaffected by gravity is not wealth….make sense? I think there is a hashed metaphor there.
What it does do, fer shure, is make people go MAD.
There is something intrinsically mad-making about money, especially this new money….
And it took some scientists at Yale and a bunch of monkeys to prove the point…
From the article:
The currency Chen settled on was a silver disc, one inch in diameter, with a hole in the middle — ”kind of like Chinese money,” he says. It took several months of rudimentary repetition to teach the monkeys that these tokens were valuable as a means of exchange for a treat and would be similarly valuable the next day. Having gained that understanding, a capuchin would then be presented with 12 tokens on a tray and have to decide how many to surrender for, say, Jell-O cubes versus grapes. This first step allowed each capuchin to reveal its preferences and to grasp the concept of budgeting.
The data generated by the capuchin monkeys, Chen says, ”make them statistically indistinguishable from most stock-market investors.”
AND the KICKER…
During the chaos in the monkey cage, Chen saw something out of the corner of his eye that he would later try to play down but in his heart of hearts he knew to be true. What he witnessed was probably the first observed exchange of money for sex in the history of monkeykind. (Further proof that the monkeys truly understood money: the monkey who was paid for sex immediately traded the token in for a grape.)
This is mooney folks, the mad maker…
Can’t live with it (sanely) can’t live with-out it…
When taught to use money, a group of capuchin monkeys responded quite rationally to simple incentives; responded irrationally to risky gambles; failed to save; stole when they could; used money for food and, on occasion, sex. In other words, they behaved a good bit like the creature that most of Chen’s more traditional colleagues study: Homo sapiens.
What you gonna doooooo?
Vivake who took
And ate it TWO!