Episode 394 – Solutions: Survival Currency

Fact Checker says:

A sad exercise.

James is “struggling” to solve, or encouraging the Corbettariat to solve, problems that have all been solved already, most of them countless centuries ago.

The problems with barter were solved by commodity currencies. The commodity-currency problems were solved with bank notes. The problems with bank notes were solved with account ledgers and bills of exchange. The problems with account ledgers were solved with electronically-facilitated commerce.

The one and only problem we have now is that a very, very evil and cunning force has now trumped every peaceful solution within the reach of human ingenuity, so as to serve human ends, with an all-encompassing shroud of violence, deceit and coercion. All the Machine has to do is co-opt the current state of economic means of acquisition, and It has done so. The humans now facing the barbaric obstacle cannot revert back to a prior system without reverting to the quality of life and the material well-being that that prior system was capable of supporting.

So whatever material plenty was provided by the barter system, before currency was adopted–some, what, 10,000 years ago?–is the exact same level of material plenty that could be supported if humans re-adopted barter today. Not a pretty picture. And frankly, even that is an implausibility. No one can attempt to disengage from the officially-sanctioned system without suffering merciless divestiture at the hands of the State and its monstrous enforcement legions. The government will still want its taxes; it will still enforce its regulations. Those regulations are now so totalitarian that in-person transactions of any nature are de facto prohibited. (You can trade in seashells all you want, but the Department of Health will crush you if you violate the “covid” lockdown protocols, including draconian curfews, dress codes and forcible alienation.)

Any attempt to use DigiTech as a “workaround,” such as the “have/need” attempt to cram together the antiquated practice of barter with telecommunications and multi-party algorithmic facilitation, is pre-programmed to fail. Everything online is at the mercy of the Machine, and can only occur at the pleasure of the Machine.

As James even points out, this is the very lesson that the “Woergl Miracle” saga teaches us! Sure, James acknowledges that conflict is inevitable. If so, then all this mental exercise to come up with ways to support an “independent” modern material existence, by resorting to primitive and extinct cultural practices, is a vain exercise is constructing sandcastles at low tide.

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