Donald Swenson Blog | Our Dollar - Now A 'Metaphysical' Unit $$$$$$$! | Talkmarkets
Blogger at Kingdom Economics
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Don Swenson has been a self starter and independent thinker from his early days in Minnesota, his adult years in Wisconsin, and now his senior years in Arizona.

Don was born in Roseau, Minnesota in 1943; graduated from high ... more

Our Dollar - Now A 'Metaphysical' Unit $$$$$$$!

Date: Thursday, December 1, 2016 5:55 PM EDT

Money is now a ‘no thing’ unit ($$$$$$$) created by select bankers from their thinking.The unit emerges from a banker’s consciousness (and then gets typed into a computer screen) and this means the unit is ‘no thing’ (nothing). The unit circulates from computer screen to computer screen via electro-magnetic frequencies (at near the speed of light). Some call this unit a ‘digital’ money unit and others call it a ‘cyber’ money unit. All this has occurred within the past 20 years (mostly). Our world is rapidly being converted into a cyber marketplace where money and value are ‘metaphysical’ concepts. Let’s think on this issue for additional understanding!

Today, I can trade with my smart phone via practically any on-line brokerage firm. My choice for now is Fidelity Investments and TDAmeritrade. I pay my bills with my smart phone. I buy products with my smart phone. I do research with my smart phone. All my savings are now stored within computer screens located at various venues on this planet (cyberspace and/or the cloud is the ‘name’ often used for where my money is being stored). The entire planet is gradually being converted to cyberspace (the metaphysical cyber cloud)…and ‘virtual’ units of money are what our banksters now desire for everyone. Why is this trend ominous for our freedom, our privacy, and our prosperity?

Banksters can now create, monitor, control, and manipulate all these virtual/cyber money units with their computer algorithms and robotic trading software. Today, our ‘prices’ are set mostly by trading algorithms which operate at the speed of light and via HFT platforms. High Frequency trading allows traders and their algorithms to manipulate our cyber ‘prices’ in micro-seconds and/or milliseconds. A trader with a computer and a trading algorithm can use an automated trading robot to enter and exit trades and then accept or cancel trades in milliseconds (all these transactions affect our ‘prices’). All this trading affects ‘price discovery’ in the marketplace as trading algorithms trade with counter-party trading algorithms (continually). How does this work?

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