John Brodix Merryman Jr.
3 min readApr 7, 2024

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To the extent nations function as communal super organisms, government, the executive and regulatory function, is analogous to the nervous system.

As money and banking function as blood and the circulation system.

While we have evolved enough to understand government should function as a public unity, we have yet to realize the same principle applies to banking. When the medium enabling markets is privately managed, we are all tenant farmers to the banks. The banks are having their, "Let them eat cake." moment.

The flunkies allowed in office really have only one job and that is to create the debt the banks need to grow metastatically. "The real money is in bonds."

The secret sauce of capitalism is public debt backing private wealth.

As these linear, goal oriented creatures in a cyclical, circular, reciprocal, feedback generated reality, people see money as signal to save and store, while markets need it to circulate. Consequently Econ 101 refers to it as both medium of exchange and store of value.

In the body, blood is the medium, fat is the store. Roads are a medium, parking lots are a store. The hallway is a medium, the hall closet is a store. The average five year old can figure out the difference.

While we might think of money as a commodity to mine from the economy, like we mine gold from the ground, or bitcoin from computer processing, the fact is that it is a social contract. A system of community tokens. Its value is that everyone is willing to participate. Yes, that means it is fiat, but so is the US Constitution, to anyone born a citizen.

As a medium, we own money like we own the section of road we are using, or the air and water flowing through our bodies. It's not our picture on it, we don't hold the copyrights and are not responsible for its value, like a personal check.

It is a public utility.

As a contract, storing the asset side of the ledger requires a debt to back it. So our system is designed to create debt, as a methods of storing wealth.

Consider the Ancients devised debt jubilees by 3000 years ago, as circuit breakers to the feedback loop of compound interest, yet here we are, still caught in the same doom loop.

In a healthy society, one's value is naturally a function of how much one adds, but in this society, it is a function of how much one takes. That's necrotic.

Consider that modern, neo-liberal economics and bacteria operate under the same infinite growth formula. The problem is that when they hit the edge of the petri dish, or the resources, it's collapse. The advantage of multicellular organisms is being able to sense and navigate those surroundings.

Yet when only grifters are allowed in political office, the maggots are feasting on the corpse. When was the last time you heard of a politician referred to as a "statesman?"

It took nature a billion+ years to go from colonies of single celled organisms, to multi-celled organisms, so what's a few thousand years, in human social evolution?

Other than we've wasted that couple billion years of stored sunlight.

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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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