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Newest Reality

(12,712 posts)
Fri May 8, 2020, 04:02 PM May 2020

I'm sorry, but we are out of inches, feet and yards!

Imagine a carpenter going in to the work site and seeing all the materials for building stacked up everywhere, ready to go, and the foreman says:

"Well, I regret to have to inform you all that we are currently out of inches, feet, yards and other forms of measurement, so there is no work and you will have to go home."

That's how Neo-Liberalism works, in a sense. You can have all the resources, (in great abundance) available even, but money easily turns into a symbolic barrier, (which is an abstract) as much as it seems to be a means to enable people. Try taking a stroll in a wealthy, gated community or stepping on THEIR property, etc.

That's part of the problem. I know that supply chains are being broken and cascading system failures are in order, but it's not like all the vast resources have just up and actually disappeared. We are beholden to those who hold and own nothing more than symbols that only have value based on faith in them, nothing more, really. The Wiemar Republic was a good example of that problem, among others.

What's the difference between a $1, $20 and $100 bill? They are the same size and weight. They have printing on them. The difference is just the numbers on them.

4 replies = new reply since forum marked as read
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I'm sorry, but we are out of inches, feet and yards! (Original Post) Newest Reality May 2020 OP
The difference is their "perceived" value. Ferrets are Cool May 2020 #1
Glad you see that. Newest Reality May 2020 #3
It's more ephemeral Miguelito Loveless May 2020 #2
Thanks... Newest Reality May 2020 #4

Newest Reality

(12,712 posts)
3. Glad you see that.
Fri May 8, 2020, 04:25 PM
May 2020

That also alludes to the barriers that perceived value creates are also by way of associations and therefore are inherently conceptual.

That's rather radical, but it is noteworthy when we consider the immense barriers that are founded in abstractions now and how that has contributed to a huge wealth gap that is becoming a chasm now, and perceived value is a key.

Miguelito Loveless

(4,465 posts)
2. It's more ephemeral
Fri May 8, 2020, 04:23 PM
May 2020

than that. 99.9999% of people's wealth in the 1% exists as an encoded magnetic field on silicon.

Newest Reality

(12,712 posts)
4. Thanks...
Fri May 8, 2020, 04:27 PM
May 2020

Yes, my analogy is rather old school now.

That's the upgraded version. You are absolutely right. It's data. Binary based. Push a few buttons. Nothing really tangible at all.

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