Money Makes the World Go Round or Spin Out of Control!!!
The government’s monopoly on currency allows it to be a consumer without first being a producer. It’s time for monetary freedom.
Why does money make the world go round – Search
Ah, the saying “Money talks, and bullshit walks” is a colorful way of emphasizing the power and influence of money in certain situations. Essentially, it means that actions—or in this case, tangible resources like money—carry more weight than empty promises or meaningless chatter. Money often acts as a decisive factor in getting things done, solving problems, or influencing outcomes, while insincere talk tends to fade into irrelevance.
The phrase “money talks, bullshit walks” suggests that money can influence people and get things done, while bullshit or empty promises often fail. 1 The phrase gained popularity during the Abscam scandal in 1979, where it was famously used by politician Michael Ozzie Myers 2. It implies that relying on material resources is more effective than relying on rhetoric or deceit 3. Overall, it highlights the power of financial resources in negotiations and decision-making 4.
Money has become a cornerstone of modern society because it serves as a universal medium of exchange. Before money, bartering was the norm—trading goods or services directly. But that system had limitations: what if you had eggs and needed shoes, but the shoemaker didn’t need eggs? Money solved this by acting as a common denominator, allowing transactions to flow freely.
In essence, money represents value. It enables the exchange of resources, facilitates trade on a massive scale, and drives economies by giving people the ability to specialize in their work rather than being entirely self-sufficient. It’s not money itself that “makes the world go round,” but rather the systems and relationships it sustains.
On a broader level, money also wields immense influence because of what it symbolizes—security, power, opportunity, and sometimes even freedom. Of course, its importance varies depending on individual perspectives and cultural values.
What are your thoughts? Do you think money’s role in society is positive, or does it create more problems than it solves?
It’s a phrase that highlights practicality and results over words or hollow intentions.
Do you think it holds true in most situations, or is there room for exceptions?
Its the reason our health care system will never be fixed in the United States. Money is the most important commodity in an economic system. Indeed, money “makes the world go ’round.” This is because money is the general medium of exchange. We sell our products and services for money, and then use it to buy the products and services of others.
Money also permits us to comparison shop. Since all goods are traded for money, every item in the market has its own money price. Consumers and producers are easily able to evaluate the relative money costs of consumer goods as well as the resources with which these goods are manufactured. This allows an efficient and economical use of the resources and commodities in society.
Controlling the printing press enables the government to be a consumer without first being a producer. Money also enables an efficient transfer of resources between savers and investors. People who wish to save their money are able to loan it to those who wish to spend it.
This process has been the basis upon which entrepreneurs and businessmen have been able to invest in the plant equipment and new and improved machinery that has given us our high standard of living.
Finally, money tends to keep people honest. If I want to buy what others have for sale, I must have money to do so. But, ultimately, the only way I can have money in a free-market economy is if I have earned it by producing something for which other people are willing to pay me.
Thus, my ability to obtain what others have produced is dependent upon first having produced something which others wish to buy from me. In a free-market society, each man serves his fellow men as the means to achieve his own personal ends.
The Danger of a Currency Monopoly
Since the beginning of recorded history, governments have had an insatiable desire to consume wealth. Kings and princes, tyrants and democratically elected representatives have never run out of ideas on ways to spend what others have produced and earned. And when governments have discovered that no further wealth can be extracted by means of taxation, they have resorted to the debasement of the currency.
In ancient times, governments “clipped” gold and silver coins; in more recent times, the invention of the printing press enabled governments to produce oceans of paper money; and in the era of “high tech,” governments merely add to the money in the economy by pushing a button on the computer — vast sums of checkbook money instantly appear on the balance sheet.
Money evolved in society out of the interactions of a multitude of buyers and sellers searching for ways to overcome the difficulties of barter. This is what makes a monopoly over the power to create money so valuable to governments.
Since money, as the general medium of exchange, is readily and willingly accepted by every member of the society, the control of money enables governments to have access to the society’s wealth without having first produced anything to acquire that money in exchange. Controlling the printing press enables the government to be a consumer without first being a producer.
In our century, governments have rationalized this process. They have declared that their purpose is to stabilize the economy, guarantee full employment, and assure a balanced financial environment. In 1913, the U.S. government established a central bank — the Federal Reserve System — to do this job. Its record speaks for itself: a “great depression” in the 1930s, a series of economic booms and recessions of various frequency and duration in the post-World War II era, and unending inflation for five decades. By their fruits you shall know them.
Government monopoly and control over money has been an economic and social disaster. Wealth has been squandered and misinvested, the savings of millions have been destroyed through inflation, and the social fabric of societies has been weakened at various times during periods of monetary debauchery.
Privatizing Money
In a time when the belief in socialism is dying around the world, it is time to realize that government monopoly of money is nothing less than monetary central planning. It, too, has been a failure. And it is time to “privatize” money for the same reasons that are being proposed to privatize the production and marketing of goods and services in the communist East and the democratic West. Only private enterprise, operating in a free market, can eliminate political abuse in the disposal of resources and can guarantee efficient use of those resources for the satisfying of consumer demands.
Contrary to government-created myth, money is not the creation of the State. Historically, money evolved in society out of the interactions of a multitude of buyers and sellers searching for ways to overcome the difficulties of barter. Commodities such as gold and silver were found by individuals to possess the qualities and attributes most useful in providing a sound and stable medium of exchange.
Government and the Gold Standard
In the 19th century, the friends of individual freedom and economic liberty advocated the establishment of a gold standard to limit governmental abuse of the printing press. Unlike paper money, gold cannot be manufactured through the turning of the handle of the printing press. The amount of gold in the market is limited by the profitability of mining it out of the ground. The quantity of money, therefore, is controlled by the market forces of supply and demand.
The Federal Reserve System must be abolished for individuals to use and contract in whatever money they desire.But the mistake these friends of freedom made was that they still believed that governments had to be given the authority to manage the gold standard, even while that gold standard was meant to check governmental abuse of the money-creation process.
The fox was assigned the role of watching over the chicken coop. As was to be expected, the system failed. The 20th century has seen tidal waves of inflation in various countries as governments found ways to circumvent the trust assigned to them under the gold standard and then rationalized the issuance of vast amounts of paper monies — all done in the name of the “national interest.”
Money must be separated from the State. The Federal Reserve System must be abolished; all legal tender laws prohibiting individuals from using and contracting in whatever money they desire must be eliminated. The market — which means all of us in our roles as consumers and producers — should be left free to decide which commodities shall be selected as the most advantageous mediums of exchange. Also, the market should be left free to determine the economically most useful forms of banking and financial intermediation.
Contrary to government propaganda, this would not lead to economic “anarchy” or collapse. Rather, it would be the foundation stone of freedom and prosperity in the 21st century. Government has been the cause of monetary disorder in our society. A free market in money and banking would be the solution to our “age of inflation.” Government central-planning of money has been tried and it has failed. It is now time for monetary freedom to be given a chance.
Article // Why Money Makes the World Go Round
This article was written by Nadjeschda Taranczewski and Peter Koenig, the creator of the moneywork process.
It was published in two parts on Medium: Part 1 on June 26, 2020 and Part 2 on July 5 2020.
Money is a projection screen
Even if it often appears otherwise in everyday life, money is only one thing: a medium – physical or virtual – on which we project, as if onto a neutral screen, our fantasies, desires, and insecurities. You may think this is a bold statement, given that you know for a fact you need money to pay your rent or mortgage, to buy food, to pay for your holiday. So, what do we mean when we say that money exists in this way and functions through the process of projection?
The object which we call Money has its own intrinsic value as being an object in its own right. Its separate monetary value only comes into existence through human projection. We agree that it qualifies as money: how much of it there is and how much of it you need to acquire something else for it. Money therefore has no intrinsic worth of its own and in a sense does not exist.
At best, we are looking at a piece of printed paper or embossed metal, or, as is more often the case these days, we look at zeros on a computer. In another way, money might be viewed as a promise and only works if we collectively trust in and value this promise. It is a cultural construction that functions through projection that we treat as if it were a law of nature.
In contrast, laws of nature are something that man did not invent and that applies equally to all of us, everywhere – whether I believe in laws of nature or not. Unlike money, the role and effect of gravity or radioactivity is not negotiable. But since money is a human invention functioning through collective projection, the assigned value and meaning of money is absolutely negotiable. Since we seem to have forgotten this, we pretend that money is as real as gravity or radioactivity.
To quote Yuval Noah Harari ‘Money is not coins and banknotes. Money is anything that people are willing to use in order to systematically represent the value of other things for the purpose of exchanging goods and services…Money was created many times in many places. Its development required no technological breakthroughs – it was a purely mental revolution. It involved the creation of a new inter-subjective reality that exists solely in people’s shared imagination.’
If you are interested to learn more about the history of money, we suggest Yuval Noah Harari’s thought-provoking compilation named Money or this insightful article in the German WirtschaftsWoche (in German only) on credit.
It is impossible for us to not create projections
Today we know from brain research that what we experience as reality is an internal creation or, in other words, a projection of our consciousness.
Our mind is incapable of recognizing anything that happens without naming it in the same breath. The moment of perceiving reality cannot be separated from the moment of interpretation, or, in other words, the moment of creating reality. Even if we want it to seem that way, our brain is not a camera that records something. The performance of our brain is most comparable to the latest virtual reality glasses that you can put on your nose. Like a computer, our brain calculates a virtual reality in real time, which then appears on the screen of our glasses. There we usually see what seems logical and consistent to us based on previous experiences i.e. our reality.
Money is just another of our so-called ‘realities’. We do not deal in real matter; we deal in illusions, in projections. However, this fact is not trivial. Every projection has a practical consequence in terms of the experience it creates. For example, my experience with money seems to support my original definition of money, which gives me the feeling of having evidence that money is indeed what said it was in the first place. Money is not per se what I think it is or what you think it is. It becomes, or appears to become, what one says it is through projection. Projections are circular in nature – they trap us in a hall of mirrors.
Incidentally, the fact that we have projections is not problematic. Projections are a normal and indispensable phenomenon of being human. Projections are our method of wresting meaning from meaningless events and sensory impressions. We cannot not create projections. Moreover, when applied consciously, the process of projection is precisely how we manifest our visions and intentions. When we project consciously, our projections become a tool and facility for our use.
However, when we are not conscious of our projections, which is in many instances the case, things appear to be happening to us as though being caused by external reality or nature, whereas we are actually causing them ourselves, without being conscious of this. This puts us in a state of conviction of a reality beyond question, which is an illusion. We have the feeling of being used by or being enslaved by money.
Not only can we then succumb to our personal illusions, but the more other people share these illusions with us, the more real they seem. It’s a true case of the emperor’s new clothes. In terms of money we will say something like, “Money makes the world go around”, unaware that it’s we who make this world go around, maybe in ways that we don’t particularly like or agree with, and think someone else or something else, like money, is the cause.
Basically, there are three different types of projections:
The First Type: Negative Projections
The first type is characterized by unconsciously projecting negative qualities or attributes onto money.
Someone with projections of this type might complete the sentence ‘money is…’ with statements such as ‘money stinks, money is dirty, money means responsibility’.
People with these types of projections onto money suffer from the illusion that they have to earn their existence with great effort: money either does not find its way to them from the beginning or it slips through their fingers.
On an unconscious level, people with what we shall call ‘negative projections’ try to avoid money or to get rid of it because they do not want all the negative attributes associated with money in their lives.
The theme that runs like a common thread through the lives of these people is financial hardship and the constant struggle for sufficient resources.
Through their unconscious negative relationship with money, money predictably flows out of their pockets into the pocket of people with the second type of projection.
The Second Type: Positive Projections
The second type is characterized by unconsciously projecting positive qualities or attributes onto money. For people with positive projections money means freedom, self-confidence, luxury, and power.
People with these projections suffer from the illusion that they must secure their existence. One could also say that they suffer from the illusion that they can secure their existence only by amassing more and more money.
Driven by the gnawing feeling that they can never have enough of the magical substance, all their actions are aimed at accumulating more money and then securing it.
The dark side of their projection is greed. This greed is triggered by the belief that there is something outside themselves and that only they can possess or be with money.
The Third Type: Mixed Projections
The third type of projections is a mixture of the first two types.
It is characterized by the fact that it alternately — or even simultaneously — projects negative and positive attributes onto money and is driven by them.
People of this type are usually able to make money — but they are not able to keep it with a sense of enjoyment.
As soon as it is there, it melts away before their eyes or they actively give it away. They oscillate helplessly between the two extremes of ‘longing to have’ and ‘not being permitted to have’. They are appalled by their own greed and feel neither comfortable or understood in the company of people with type one, nor in the company of people with type two projections.
Uncovering your Type
If money in principle has a hard time finding its way to you and you often fight for resources, you probably have unconscious negative projections (Type 1) onto money.
If you have money but are often worried about losing it or concerned about how to acquire more, you probably have unconscious positive projections (Type 2) onto money.
And if you earn money but somehow never have any money, if you are often plagued by feelings of guilt and then voluntarily and involuntarily find ways to get rid of money as quickly as possible, then it is likely that you are wavering between the projections of both types, between disgust and greed (Type 3).
Another way to do a quick self-diagnosis, even if rather superficial, is to look at the state of your bank account. If you’re chronically in debt you may be Type 1. If you’re steadily saving but concerned about the future, you may be Type 2. If your bank account is usually around zero, you’re probably Type 3.
And if you are one of those rare individuals for whom money really doesn’t matter, who are just as happy to have money as to give money away, as to have no money as to get money — count yourself lucky and exceptional!
Money Projection: Experiment
Just in case you are still not convinced that money functions through projection — let’s do a quick experiment. Take two separate pieces of paper. Leave the first piece of paper empty. On the second piece of paper write: ‘I promise the owner of this paper 100 hours of my time’, then put your signature to it.
Now imagine if you were to give one of these notes to another person. Which of the two notes feels more valuable to you?
Presumably the note that says ‘100 hours of my time’ feels more valuable. This note contains a promise. A promise is a projection of an anticipated result in the future. The value of that note exists in your thoughts — and maybe in the thoughts of the person you are giving it to. But just because we can share projections, it still doesn’t become a law of nature!
Since we cannot escape our projections, our goal can only be to become aware of them and to deal with them more playfully.
Maybe you are thinking, ‘Pfff — easier said than done!’ In fact, our unconscious projections are so persistent because our attitude towards money is part of our identity — which is what we will explore in CU*money. If you would like to take a deep dive into your identity as revealed by your relationship with money, join us on the journey.
Resources
- Yuval Noah Harari, Money: Vintage Minis, 2018
- Watch the recording of a conversation with Peter Koenig about moneywork.
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Prayers work and God is good!
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Check it out: 
Most people don’t realize that “other” parasites go hand-in-hand with Chronic Lyme and find out the very hard way. 
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they just believed everything they were told… what a wild time to be alive hey!
You believe they wanted to go out of their way to “protect” you & “save” everyone’s granny..
.You believe all the “experts” after getting the aforementioned wrong then proceeded to “accidentally” just “miss” such side effects as myocarditis, blood clots, strokes & auto immune diseases … again and coincidently all in unison together…
It’s polar opposite behavior…. where’s the gov intervention & virtue signaling from you for young people today that you exhibited for the elderly in 2020, before they were marginalized to die alone in care homes? 
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