International Public Notice: The Land of Oz 2.0 - Imaginary Money By Anna Von Reitz

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Article 5316 Video - International Public Notice: The Land of Oz 2.0 - Imaginary Money - Saturday, March 22, 2025 By Anna Von Reitz

We covered the practical chasm between fact and fiction, and the resulting divide between the actual thing and representations of it, in our earlier International Public Notice: The Land of Oz 1.0.

It should now be no big surprise that there exists actual money and "representations" of money, too.

There is actual coinage, which has value as gold or silver or some other precious metal, which is money, and there are representations of this coinage in the form of bills, certificates, bonds, notes, etc. as well as more abstract representations of money in the form of digital coins and so-called "money of account" that is created out of thin air, simply by jotting down numbers on an account ledger.

You can think of these representations of money in the same way as our cat example: there is an actual cat (or actual coins) and then there is a painting of the cat (a paper bill -- note or certificate), a photo of the cat (bonds), a video of the cat (digital coins), a drawing of the cat (money of account).... and the number and kinds of these representations of money are only limited by our imaginations and ability to create new media and new representations.

Apparently this is Big News and we needed the new Department of Government Efficiency to bring it forward, but the "representation" of money has been going on for over a century and a half, and the creation of "money of account" out of thin air has been going on since the 1930's. Elon Musk described his discovery in terms of "magic money computers" --- at the Treasury Department, HHS, DOD, etc.

They just add digits to ledgers and print checks on demand, like you hitting the "print" button on your computer.

https://www.dailymail.co.uk/news/article-14509707/Elon-Musk-reveals-DOGE-14-magic-money-computers.html

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