The Future Beyond Money: Understanding Near Money and Its Implications

As we delve into the concept of near money and its significant implications, it becomes evident that the very foundation of our economic system is undergoing a profound transformation. This article explores the nature of near money, its relationship with money, and the evolving concepts of value and worth in the future economic landscape.

Understanding Near Money

Near money, also known as quasi-money or cash equivalents, is a concept deeply rooted in financial economics. These assets are described as non-cash assets that are highly liquid and easily convertible into cash. Examples of near money assets include savings accounts, certificates of deposit (CDs), foreign currencies, money market accounts, marketable securities, and Treasury bills (T-bills).

These near money assets are part of what is known as "near money" analysis. While the specific assets included in such analyses may vary, the common thread is their liquidity and ease of conversion into readily usable cash.

Real Value vs. Use Value: A Deep Dive

In the realm of economics, the distinction between real value and use value is crucial. Real value is a concept that represents the intrinsic material value that underlies all economic activities. It is the tangible, finite resource that supports both the economy and human existence. Use value, on the other hand, is the value assigned to goods and services based on their utility to humans.

According to the theories proposed, real value Q cannot be created but is naturally given in limited quantities. Consequently, the natural processes that govern the flow of real value are subject to the laws of thermodynamics. This implies that any system designed to exploit real value for economic gain will eventually face inherent limitations due to the finite nature of the resources.

The End of Money: A Natural Process

The article suggests that money, as we know it, will eventually become obsolete. This phenomenon is not caused by external factors but is a natural consequence of the inherent limitations of the current economic system. The process is described as a self-exterminating one, a natural order that only the natural processes can form and control.

Specifically, the article posits that the concentration of wealth and the continuous transformation of material value into use value will lead to the evaporation of the market worth of money. As economic activities continue to consume and convert real value into use value, the underlying material foundation of these activities will inevitably deteriorate. This process, driven by the second law of thermodynamics, is considered irreversible.

Real Action Required

The implications of this natural process are profound. Individuals and societies need to recognize the impending obsolescence of money as a means of value exchange and take proactive measures to ensure sustainability. This involves shifting towards a rational economy that prioritizes real value and sustainable practices.

Key actions include:

Universal Biological Information Security (UBIS): Ensuring that all individuals have access to vital information to make informed decisions. Universal Basic Income (UBI): Providing a basic income to all individuals to support their basic needs and reduce economic inequalities. Universal Medical Care (UMC): Ensuring access to medical care for all to improve overall health and well-being. Rational Minimized Economy (RME): Reducing the scale of the economy to promote sustainability and reduce waste.

The rationalists advocate for these changes to transition the current natural order into a more sustainable rational order. This is a critical step to ensure a prosperous future for humanity.

Conclusion: A Call to Action

The journey beyond money is not just a theoretical discussion, but a crucial step towards a more sustainable and equitable future. By understanding the natural processes at play and taking concrete actions, we can shape a future where money serves as a tool for real value, rather than a means to its own obsolescence.

Join the rationalists and contribute to this noble cause. Your actions today can ensure a better tomorrow for generations to come.