ADSactly on ADSACTLY - Part #47
ADSactly - Money Velocity
What is money velocity?
Well, it is not the speed by which your monthly salary vanished in your local supermarket, even though it could also be defined in a similar manner. The velocity of money is a rate at which economics flow in the financial system of the entire world. It is and will be a closed system before we, eventually, meet the aliens and start cooperating with them. Jokes aside. We all know very well that some individuals have strong financial flows going through their hands while some have none at all. The velocity by which these flows flow is the artery of the well-being of the human race. 'Money makes the world go round', as Liza used to sing. Well, without the velocity, it stops. This is why money should never stop flowing and always retain a stable high velocity.
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When the money flow is stopped (a group of non-producers decides not to spend their money), a producer down the line will feel something is wrong, because the flow will not reach the destination where it's needed for the creation of new goods, assets or services. In the past, this kind of situations often resulted in rebellions and revolutions. Today, with the grand success of ongoing McDonaldization of human mind and enormous human productive energy daily lost in vain pursuits of useless pleasures, the revolutions are not likely to happen. At least not successfully.
However, the main problem is that majority of people are either: too comfortable, too depressed or live in disbelief, to go out and unite to change things. They are exactly at the sad, tired place where their masters love to see them. Why? Because in this condition, you're no threat to them.
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The results of low velocity are unemployment, recessions, loss of self-respect, starvation, diseases, criminal activities, overall depression and wars. All of these are very present in the great world society that we are trying to believe in as 'the best one we ever had'. It is crazy how many powerful forces of destruction human race is still facing, even though Elon is sending electric cars to space.
Taxation was one of the ways to prevent the stoppage of financial flows, especially in times of crisis. It was invented so that the state could use the money for the greater good of all. It is supposed to take large amounts of money from non-producers and a little some from the producers. Why so? Because producers return the money to the system, anyway. The governments are supposed to use the tax money for keeping the velocity at high rates, for example, to give people jobs through important municipal projects and other activities that benefit all.
But what it turned to? It became a theft of producers on a big scale. Only small portions are taken from the huge non-producing centralized systems and large portion form the working producers.
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Some countries face huge state administrations, parasites who actively work maybe 2 hrs per day. I don't want to give my tax money to those people. Other countries 'invest' in weapon industry even though there are a hundred times more weapons in the world that is needed to kill us all over tenfold. Crisis situations are created to approve the huge useless expenditures and high taxes for common people, while the real problem of non-producers and counter-producers ruling the game, never goes away. This is one of the reasons why crypto revolution is so important. Help it grow.
Now you know why.
And a little joke in the end. Check out this jobless non-producer wearing an 800$ suit and a shiny silk tie. If they all start working and producing something useful for the world, instead of paper pushing and inventing new financial derivatives (for example), there would be no unemployment in the world.
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If you are interested in joining the ADSactly Society, please read the blog series on ADSactly from the beginning. Have all of your questions answered in advance.
ADSactly on ADSACTLY - Part # 1 Open-Value Network / Co-opoly
ADSactly on ADSACTLY - Part # 2 Do-ocracy / Value Network
ADSactly on ADSACTLY - Part # 3 Open Stewardship
ADSactly on ADSACTLY - Part # 4 Society's Value Contribution System
ADSactly on ADSACTLY - Part # 5 The Value of Our Time
ADSactly on ADSACTLY - Part # 6 Cooperation and fair benefits
ADSactly on ADSACTLY - Part # 7 Support local production
ADSactly on ADSACTLY - Part # 8 Cooperation vs Competition
ADSactly on ADSACTLY - Part # 9 Sustainable Social Model
ADSactly on ADSACTLY - Part # 10 Blockchain Technology
ADSactly on ADSACTLY - Part # 11 Support for Decentralization
ADSactly on ADSACTLY - Part # 12 The Importance of Bitcoin
ADSactly on ADSACTLY - Part # 13 ADSactly in Discord (1)
ADSactly on ADSACTLY - Part # 14 ADSactly in Discord (2)
ADSactly on ADSACTLY - Part # 15 ADSactly in Discord (3)
ADSactly on ADSACTLY - Part # 16 ADSactly in Discord (4)
ADSactly on ADSACTLY - Part # 17 ADSactly in Discord (5)
ADSactly on ADSACTLY - Part # 18 ADSactly Clubs
ADSactly on ADSACTLY - Part # 19 ADSactly Tokens (1)
ADSactly on ADSACTLY - Part # 20 ADSactly Tokens (2)
ADSactly on ADSACTLY - Part # 21 ADSactly Tokens (3)
ADSactly on ADSACTLY - Part # 22 ADSactly Tokens (4)
ADSactly on ADSACTLY - Part # 23 ADSactly Tokens (5)
ADSactly on ADSACTLY - Part # 24 ADSactly Tokens (6)
ADSactly on ADSACTLY - Part # 25 Full Stack Startup
ADSactly on ADSACTLY - Part # 26 Artificial Intelligence Government Pt. I
ADSactly on ADSACTLY - Part # 27 Artificial Intelligence Government Pt. II
ADSactly on ADSACTLY - Part # 28 ADSactly Steemit Blog
ADSactly on ADSACTLY - Part # 29 The Future Of Crypto
ADSactly on ADSACTLY - Part # 30 ADSactly on Globalization
ADSactly on ADSACTLY - Part # 31 Blogging on Steemit
ADSactly on ADSACTLY - Part # 32 Social P2P network
ADSactly on ADSACTLY - Part # 33 Projects in ADSactly Society
ADSactly on ADSACTLY - Part # 34 ADSactly - Medium Blog
ADSactly on ADSACTLY - Part # 35 ADSactly - Environmental Protection
ADSactly on ADSACTLY - Part # 36 ADSactly - Sharing of Ideas
ADSactly on ADSACTLY - Part # 37 ADSactly - Centralized System vs. You
ADSactly on ADSACTLY - Part # 38 ADSactly - Taxation of Crypto - Part #1
ADSactly on ADSACTLY - Part # 39 ADSactly - Taxation of Crypto - Part #2
ADSactly on ADSACTLY - Part # 40 ADSactly - Cryptocurrency Trading General Advice
ADSactly on ADSACTLY - Part # 41 ADSactly - Steem Witness
ADSactly on ADSACTLY - Part # 42 ADSactly - CurveCoin Club
ADSactly on ADSACTLY - Part # 43 ADSactly - XP Coin Club
ADSactly on ADSACTLY - Part # 44 ADSactly - MASTERNODES - A new vision for the blockchain (#1)
ADSactly on ADSACTLY - Part # 45 ADSactly - MASTERNODES - A new vision for the blockchain (#2)
ADSactly on ADSACTLY - Part # 46 ADSactly - Producers and Others
Every honest individual with good intentions is invited to join and offer their skills, knowledge, energy, time or resources to various ongoing projects within ADSactly society. The channel is here: ADSactly and you are welcome!
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