John Brodix Merryman Jr.
2 min readAug 31, 2020

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Personally I'm going to write in Assange/Manning, as they actually looked The Beast in the eye and didn't blink.

I've been trying to push the idea around, but people are convinced it matters who wins.

If you really want to know what drives these endless wars, it is the necessity for public debt. Blowing up foreign brown people is mostly just a side effect.

The difference between capitalism and a market economy is that while nature and markets are circular and reciprocal, people are linear and goal oriented, so while markets need money to circulate, people see it as the signal to extract and store. Which means more has to be added and more metastatic methods of storing what has been extracted have to be devised.

While money is generally viewed as an asset, the fact is that as a reciept for the asset, it is a contract, in which the asset value is backed by a debt.

When gold proved to be an inefficient asset to back the money of a rapidly expanding economy, it was replaced by government debt. Requiring ever more public, as well as personal and corporate debt to be generated.

Ask yourself, could Wall St. function, without the government siphoning up trillions in surplus money? Where would it go otherwise? Derivatives? Inflating the stock market a little more? Ferarris?

The secret sauce of capitalism is that public debt backs private wealth. Wars are just a way to make it go away, that more can be borrowed.

Also squeezing the real economy of money requires it to run on debt, drawing that saved money back into circulation. Capitalism requires austerity.

The functionality of money is in its fungibility. It's a medium. We own it like we own the section of road we are using, or the air and water flowing through our bodies.

Yet Econ 101, says it is both medium of exchange and store of value, but a medium is dynamic, while store is static. Blood is a medium, fat is a store. Roads are a medium, parking lots are a store. The hallway is a medium, the hall clost is a store. The average five year old understands, but economists only see what they are trained to see.

The reality is that there isn't sufficient investment potential to save the amounts we deem necessary, yet we do save for many of the same reasons. Eventually humanity will have to redevelop the idea of the public commons as a store of value and not just resources to be mined, but we will have to wait for the current belief system to fully implode.

Government, as the executive and regulatory function of society, is analogous to the central nervous system, while money and banking are analogous to blood and the circulation system.

There was a time when government was private, but as monarchs lost sight of the fact they had to serve a function in sustaining and mantaining society, in order to be served by it, they were usurped. Now banking is having its, "Let them eat cake." moment.

We are very thin ice over very deep water.

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John Brodix Merryman Jr.
John Brodix Merryman Jr.

Written by John Brodix Merryman Jr.

Having an affair with life. It's complicated.

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