I’ve been thinking about…well about all sorts of things, but yesterday it crossed my mind that when we think of money we think of a thing. And, of course, money is a thing. And the money made from ridiculous speculation or even theft hits just as hard when it pays bills as the money made from sweeping floors and cleaning toilets and anyone dong the latter to get money knows very well that it is a thing. But that said, what money is and does, and by money I mean soverign fiat money, is organize society. Probably this wasn’t exactly true years ago in more agrarian societies, but now money is the organizing principle, it is the nervous system that keeps the economy and country and even culture alive. Money has its tendrils in everything.

So when read Stephanie kelton say that money and debt from the government, at least the federal government, is absolutely not the same as money and debt for an individual or business or even state, and it is obvious that she is right, it causes me to start questioning what money really is. Clearly, on national level what money is is the flow, the force, the energy that directs everything. And it is a force that is issued and directed by the government. Like most people i tend to think of it as value, or a store of value, but that’s really what property or a business or some other asset, tangible or intangible is.