The money power preys on the nation in times of peace, and conspires against it in times of adversity. It is more despotic than monarchy, more insolent than autocracy, more selfish than bureaucracy. It denounces, as public enemies, all who question its methods or throw light upon its crimes.
— Abraham Lincoln
Until not too long ago, money represented real goods — grain, cowrie shells, salt, cattle, and other items of worth. And, until recently, gold. Although it was largely abandoned during WWII, finally in 1971, the gold standard was completely abolished. Until that time, most industrialized nations’ currency was backed up by physical bullion and their notes and coins could be literally exchanged for gold. And if you will remember, for millennia, gold was either directly or symbolically a manifestation of God/dess.
Now, our money is completely, totally abstract, with no ties or value in the material world, except what a handful of experts deem it to have.
Alan Greenspan was once the highest guru of money in our lifetime, before his miscalculations contributed to our current crisis. He was the head of the Federal Reserve for almost 20 years and despite his colossal failures, he probably knows more about money and economics than just about anyone else on the planet.
Since leaving his office, he has candidly admitted that money today has no intrinsic value. He makes it very clear: if our perception is that money is plentiful, that all is well, and that it will continue to be so, it will be. If things get dicey, and people get fearful (for reasons real or imagined), its worth goes down.
So it is by our belief that money flows or stops. This is a powerful magic that is performed and affected by many factors, especially our perceptions being orchestrated by a few policy makers and political adepts. Their actions affect the mass belief systems of the population.
This is because money is energy. It is energy that is directly affected by our thoughts about it, and takes any form and value that we collectively agree upon. Money is an intersection between intention and attention; it is a liminal space between consensual reality and desire.
What Greenspan and his cronies failed to account for was the rampant, unregulated greed of those waving the wands of power; and of course, greed is simply a form of fear. So we live now with the results of this poisoned spell.
I propose some healing solutions, starting tomorrow. And they will lead us back more directly to our path of The Artist’s Way.