Friday 5 August 2011

Hypothetical Money Vanishes

In the last 24 hours, according to people who are paid lots of money to make this stuff up, hundreds of billions of fictitious dollars, euros and pounds which never existed in the first place have been wiped off notional markets whose reality it suits corporate entities which exist only on paper to collectively imagine.

Although many people are absolutely convinced of the reality of money - because they regularly exchange pieces of paper on which somebody they will never meet claims that, if they only ask him, he would be delighted to exchange each piece of paper for a quantity of stamped discs of useless alloy - the entire monetary system which directly affects the lives of 7 billion people is, it is privately admitted by insiders, nothing but a great big fairy story made up by Sumerian tribesmen thousands of years ago and subsequently elaborated upon by successive generations of imaginative fantasists.
You are personally worth more than all of this, apparently
 “Being entirely ignorant of the magical mysteries of economics, the uninitiated struggle to understand how, for example, roughly four million square miles of real estate – chock full of useful minerals, metals and fossil fuels, covered with edible flora and fauna and filled with hundreds of millions of industrious workers - could possibly be worth vastly less than nothing,” observed a man in a striped shirt who shouts at an array of blinking red lights all day long and is therefore considered a leading expert. “So there’s really very little point in me trying to explain to laymen who can’t even grasp the basics how it could suddenly become worth even less than it was yesterday.”

“Now go away and leave me alone,” he added. “I have lives to destroy.”

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