Creating Infinite Money
I. Creating Infinite Money
Science has developed technology such as the wireless that enables instantaneous communication across vast distances with no other external mechanism than a receiver at each end. In Life Divine, Sri Aurobindo says one day science will discover that even the receiver is not necessary, no external mechanism is necessary, for mind has the innate power of direct and instantaneous communication with other minds at any distance.
The same argument applies to the creation of money. We believe that money is a material thing and that it is produced by external instruments. The knowledge we need to discover is that money is only an expression of mind and that it can be created in any quantity by man without even resort to external instrumentation.
Let us begin by examining the nature of money. Originally money was created to represent material goods that have been produced. Farmers in ancient Egypt deposited their foodgrains in a central warehouse in exchange for warehouse receipts. These receipts were then used by them to pay for the other goods and services they wanted. Merchants or producers of these other goods and services accepted the receipts in exchange for these other items because they had faith that the receipts represented foodgrain on deposit and could always be reconverted into the foodgrain. Since it was much easier to transport, store and exchange receipts than it was to carry foodgrains around, money became the preferred medium of exchange. It became a symbolic representation for the foodgrains.
The warehouse receipt worked as a form of money because of people's trust in it. The farmers trusted that the grain they deposited in the government warehouse would be stored properly and returned to them at any time on demand. The farmers also trusted that merchants would accept the receipts in exchange for their products and services, just as they would have accepted the foodgrains itself, in fact even more so since money was much more convenient to handle and could be converted into any other product. The merchants accepted the money because they trusted that other merchants would also accept it. So trust was the basis of the whole system. If anywhere along the line, trust disappeared, the money would lose its value as a medium of exchange.
Although this form of money, the receipt, is based on trust, it is also based on the physical foodgrains stored in the warehouse which is the basis of that trust. Society has also created a more advanced form of money called ‘credit' that is not based on physical commodities already produced. In this case farmers who have the capacity to produce foodgrains could issue paper money (promissory notes) promising to grow foodgrains in future and exchange them for the money at a later date. If other merchants have confidence in the capacity of the farmers to grow the food and in their willingness to grow it and honor their promises, then they can accept this credit form of money just as they accept the warehouse receipt. They may even create laws and a judicial system to ensure that the farmers honor their promises so that other people will have greater trust in their credits.
It is interesting to note that the person or organization that issues the money, say the receipt or the credit, need not have the foodgrain or even the capacity to produce on his own, provided that he belongs to or is backed by a group - a family, a company, a bank or a government - that we believe has the capacity to produce. If every citizen is entitled to a monthly pension by virtue of being a citizen, then each citizen has the capacity to create money on the basis of that capacity (in this case the government) that supports him.
We see also that the capacity to produce need not be based on physical resources. A craftsman with a skill, a man with the personality of a persuasive salesman, a businessman with a capacity to organize work, an inventor with an idea for technology, or a scholar with knowledge also have a capacity that we can believe in. Money could be created on the basis of this non-material capacity for generating something of value to society in the future. An entrepreneur could go to the bank with the idea for a new company to borrow money. He can also sell shares to other people who believe in his idea. These shares can be traded by other people who invest in them or accepted them in exchange for other goods or services. So they become a form of money as well. This is possible even though the entrepreneur has not yet started his factory or produced anything at all, based on the public's belief in his future capacity to produce. This is what is happening all over the world today in the stock market, especially with regard to hi-tech internet companies. So we see that the basis for production need not be physical. It can be vital energy, social organization or mental knowledge. It can also be spiritual faith.
We see that physical production is not the essential basis for the creation of money. It is enough that there is the capacity to produce something in future. More accurately, to create money it is enough that people believe there is a capacity to create something of value in future. Based on that belief the farmers can issue credit money now and people will honour it. Money is created. However, if that belief turns out to be false, eventually the society will lose faith in the credit money, actually lose faith in the belief, and the money will no longer have value. So actually belief is the basis for money or rather the capacity to sustain that belief over time is the basis for money. All money is actually created on the basis of a belief in the sustained capacity of the society to produce over time.
How much money can society create based on its belief? Is there any limit? No individual exhausts his productive and creative capacity. No society does either. The capacity of society to produce is not limited. Present production is limited. But future production is not limited. Production depends on the level of technology, skills, knowledge, organization, information and motivation in the society. All of these can be increased enormously. None of them has any inherent limit. Therefore we can say theoretically that there is no limit to the capacity of the society to produce.
Practically, the limit is determined by the current level of knowledge in society and the current level of willingness or psychological energy available to produce. Since these can always be increased by an act of will of the society, the amount of money can always be increased by an act of will of the society. If a society wants to create more money, it need only increase its faith in its future capacity to produce and its future willingness to produce. All money is based on the society's faith in itself.
What is the process for society to create infinite money? It is the process described by the theory of social development. It begins with subconscious social preparedness, a collective will, that finds expression through the aspiration and action of a conscious pioneer. According to the theory, the preparedness of the collective comes first, the pioneer is only an expression of that preparedness. But we can also say that since the pioneer is a representative of the collective and acts on its behalf, that the emergence of a conscious pioneer is itself an indicator of social preparedness since no individual acts in isolation from the society of which he is a part.
What should the pioneer be conscious of? He should be conscious of the true nature of money. He should have the knowledge that money is based on belief or faith and that any amount of money can be created. He should also be conscious of the method. The method is to shift faith from outward reliance on circumstances, conditions and external mechanisms and place it entirely on an inward trust in his creative capacity to create money. A person's trust in his own capacity may be limited. He should shift that faith from his own capacity to Mother's capacity (to the power of the Absolute to manifest infinitely when we identify with that power), from the faith in the finite to faith in the Infinite. Then if he consciously wills for the creation of money he can create it in the measure of his faith.
Suppose the devotee is able to have faith in Mother but unable to completely give up faith in the necessity of an external mechanism or instrument for creating that money, such as a company or an invention or an idea or a client. Then with the knowledge and faith that Mother can create any amount of money in and through an external instrument, let him call Her. She will create the money with or without the instrument and he will discover that it is She who creates not the instrument.
What will be the result of this devotee's acts on the society? It depends on whether he acts as a conscious individual for his own benefit or as a conscious representative of the society for the benefit of the collective. If he acts individually, he can earn a huge amount and acquire faith in Mother's power to create money. If he identifies with the aspirations of the collective and if his emotions are for the prosperity of the whole collective, that all should acquire the knowledge and the benefit, then his effort leads to a multiplier effect. Through his example and that of others who imitate him, the society consciously embraces the knowledge that he has and acquires faith in its capacity to create any amount of money. The benefit goes to all.
How fast can it be done? It can be done instantaneously. We see that the time required for every activity in society is getting abridged. The time needed to produce products, grow crops, travel around the world, communicate with distant places, start an industry, cure a disease, print or publish a book, for children to learn reading, for anyone to acquire academic knowledge - everything occurs more rapidly than ever before. What is the power that makes this possible? It is the application of mind in life and matter. The more we shift from reliance on the physical methods, the more we rely on the power of mind through technology and organization, the greater the speed of the results. Similarly, the more we understand with our minds the true nature of money, the more we shift from reliance on external mechanisms to internal faith, the more we apply a knowledge of the process of individual and social development, the more rapidly we can achieve the result. Still as long as we place faith and reliance on mind or any external mechanism, a minimum token time is required. When we shift our faith entirely to Mother inside, then the time required shrinks to the vanishing point. She has the power to act instantaneously and bring the result before we even ask for it.
II. Power of Self-Conception
- Mind has an infinite creative power to create and enhance organization, energy, technology, trust, and so on. It is the process of self-conception referred to in Life Divine.
- If we divide money into two parts, we can say it has an intrinsic value and an extrinsic value. The intrinsic value is fixed. It is a function of money's role as a medium of exchange and storage - its role as a symbol of wealth. The extrinsic value varies. It is a function of the interaction between money and all the other social resources with which it is integrated and which contribute to its overall productivity in society - its role as an instrument of wealth creation. These include the education and skill levels of the population, infrastructure, law, economic organization of markets, speed of information flows, and so on. Money contributes to all of these and is influenced in turn by them.
- Society can change the extrinsic value or productivity of money by enhancing any of these factors. So also, the individual in his own mind has the power to enhance each of these factors with respect to the work he does. He can improve knowledge and skill levels, organization, speed of money and information flows, infrastructure and so on.
- The individual who makes these improvements externally in his work begins by doing it internally in his mind. He exercises the power of mind to develop ideas and methods to enhance the productivity of the external resources. It is this mental effort that is the source of all the power we see expressed externally.
- The very act of mentally exercising the mind to develop the ideas for improvement generates the power, even when it is not immediately or directly expressed externally. Sooner or later that power will express either in the life of the individual, if he chooses to use it for himself, or in the life of the society.
- Literature is the result of the mind's power to create human characters. It is a mental act related to human emotions. The process we are discussing for creation of money is the same process
III. Relationship between Money and Wealth
- The creation of infinite money is based on the creation of infinite quantity or quality of goods and services and enjoyment in them. It is not creation of money alone, but the creation of wealth or human value.
- Money is originally created as a symbol for created wealth, for example, the warehouse receipt. That money forms the basis for a social organization that facilitates the production of greater wealth. Thus money is primarily a representative symbol of wealth and secondarily an instrument for wealth creation.
- All wealth is not represented by money. Only part of a nation's present and future wealth is monetized at any time. That wealth is both existing wealth (for example, natural resources, land) and future wealth (for example, future productive capacity of human resources).According to the theory of development, the potential for wealth creation in any society is infinite because human potential and the productivity of resources (organization, technology, knowledge, skill, money, values) are infinite.
- When we say that infinite money can be created, we mean
1. Money as symbol
a) Monetizing a greater portion of the existing wealth.
(1) Mortgaging land owned by Russian farmers or by the Maharasthra Government in Bombay.
(2) Converting gold jewelry into bank deposits.
(3) Securitization of mortgages
b) Monetizing a greater portion of future wealth.
(1) Hire purchase for lorries and buses.
(2) Bank loans to medical students.
2. Money as instrument
a) Creating more wealth which can then be monetized by accelerating development of society (for example, social productivity).
b) Creating more money as an instrument for creating more wealth through accelerating development of social productivity.
(1) Complementary currencies.
(2) Company going public
- Exceptions: By creating infinite money, we do not mean
1. Printing more money unrelated to the expansion of social productivity and wealth which actually destroys the value of existing money.
2. Those negative/false methods which create more money under the appearance of creating more wealth but do not actually do so (for example, creating a false export invoice and taking a bank credit on the basis of it.)
- In between area: Between the real and false creation of money, there is an intermediate gray area in which,
1. Creation of more money not directly based on creation of more wealth more fully leverages the trust available in the society and that money becomes an instrument for greater development.
a) Deficit financing within limits utilizes public faith in the currency to support additional investment. Beyond a limited range, it destroys faith in the currency and is counterproductive.
b) Roll program monetizes the unmonetized faith in the banking system and currency by creating balance sheet assets and sells them to create real money for investment in development.
2. When any of these mechanisms are extended beyond a limit, they become destructive of money rather than creative.
- How can we avoid the negative uses of any method?
1. All new methods are vulnerable to misuse, for example,. fraud over the internet.
2. If the pioneer is completely free of the negative motive in all his actions, not only those directly related to this activity but in every sphere, meaning if his consciousness is fully positive in its motives, then the actions initiated by him will not be turned for negative use in society.
- Mind can exercise itself to act on actions (physical), energies (vital), emotions or ideas (mental), values (spiritual), knowledge of laws and essential processes (supramental).
- Mind exercising itself on matter creates technology that increases the productivity of matter. It enhances action.
1. The plough improves the activity of preparing land.
2. Ford's system for mass production saves time and effort, making physical activities more productive.
- Mind exercising its power on life creates social organization that increases the productivity of society.
- Mind exercising itself on human emotions produces literature portraying human character that educates people for better living.
- Mind can also exercise itself at the level of ideas, produce knowledge, that can directly create wealth and money.
1. Knowledge of the importance of education for development.
2. Knowledge of business management based on consciousness approach.
- Mind can exercise itself at the level of values which elevate the whole functioning of the society and produce higher levels of development, for example, punctuality, honesty, and so on.
- Beyond mind, idea and mental knowledge, there is also the supramental knowledge of the laws and processes of creation.
1. The theory of development is an example of an idea that increases social capacity for development and wealth.
- We are advocating elevating the activity of money creation to the plane of pure mind from the planes of matter (technology organizing actions) and life (organization of human energies). Mind can do it directly and more powerfully than by action on the lower planes.
V. Methods for Creating Money
- Increase the speed of transactions (velocity of money)
- Increase confidence in the institution
- Increase confidence in the country, economy, government
- Improve the functioning of the organization
- Introduce new or better systems, computerization
- Increase the availability or use of information
- Develop methods to convert unmonetized wealth (assets) into money (mortgage, gold bonds)
- Convert potential wealth (future capacity) into present money
- Convert faith or confidence in the institution into money (off-balance sheet bonds)
- Create new or higher forms of money (securitization of mortgages, local currencies)
VI. Themes
1. Society can create any amount of money and it can do it today.
2. In future money will become a commodity with only use value, no social value.
3. Any individual can create as much money as he wants. Money is the product of mental creative energy, mental organization and trust. Trust in the individual means self-confidence in his own capacities. In the collective, it means trust in social institutions, confidence in the future of the field or the nation.
- Over the past century so many basic products and services have become so plentiful that they have lost their social value and become commodities - food, clothing, cars, TV, electricity, education, information and entertainment were all scarce at one time and carried great prestige value.
- During periods of scarcity those that possess a product or privilege frown on the idea of it becoming plentiful and resist efforts to make it so because it undermines their special status. Thus the aristocracy resisted spreading of the vote and education. Thus the rich would have resented the spread of motor cars.
- Money can become so plentiful that it loses all social value and becomes a commodity too. At this stage it is available in surplus and people seek it only for its use value, not its social value. Excess accumulation of money will be frowned upon then as overweight, ostentatious people are frowned upon today.
- Actually this has already happened to a large extent in prosperous Western societies, but it is masked by the fact that social aspirations have risen almost as fast as money has multiplied. Money has already become much more plentiful in society. If styles of living had remained what they were 50 years ago - one simple car, no cable TV, little travel, no restaurant eating, no jetskiis, campers, and health care - then money would be in surplus and have little social value for many people.
- The rapid spread of credit in USA through the credit card is an example of money becoming commoditized. Having more credit no longer carries prestige. People have more money than they can use except for security, accumulation and inheritance.
- In Japan where confidence has declined, there is vast surplus of money that no one can spend.
- Can society create that abundance now?
1. Money is normally created by increasing production and productivity. The scope for doing this is potentially infinite. Technology, organization, information, knowledge, skill, human energy are infinite resources that can produce endless products and services and therefore endless wealth and money.
2. If society becomes conscious of the theory of development and the principles of conscious management making it aware of all its untapped potentials, certainly it could vastly accelerate its development.
3. Does this depend on increasing production and productivity? When society or the individual discovers that money is a creation of mind, it can directly create all the money it wants, without depending on production. The key is to realize that man is the determinant not money. The shifting of the center of determination inward is the key to all social accomplishment.
4. If it makes this shift, society will discover that the current money system is a product of man's attitudes, aspirations, values, faith, trust and understanding. Suppose the country's confidence in its future increases dramatically, people's attitudes will become more expansive, they will consume more, trust more, expend more creative energy, innovate more. Suppose society gains more confidence it is citizens, their trustworthiness or capacities, they will lend more and make people more productive.
5. When the society that currently hoards wealth and restricts access to privileges adopts that central attitude that every citizen should be raised to the highest level of education, be guaranteed employment and acquire all the comforts of life, that society will release its energy for enormous progress, increase its productivity, raise its aspirations and self-confidence and faith, and create much more money.
- The individuals do this now -
1. By becoming aware of the potential, having the knowledge.
2. By expanding the attitude and aspiration, being selflessly eager for the prosperity of others and of the whole world.
3. By increasing faith in Mother and self-confidence in one's knowledge and the potential.
4. By organizing all one's energy for upward achievement rather than maintaining the status quo or dissipation.
5. By discovering that the one and sole determinant is inside, not outside.
6. By shifting faith from the value of money and those that possess it to faith in Mother's power and the inner determinant.
- Development of consciousness leads to development. If people know that there will be no famine, no war, no death from disease, no future pollution, they will be more confident, more productive, more happy - more developed today.
- Any group of people with confidence in themselves and each other can create money. An individual with self-confidence can create money.
- If more money is available, every society can develop more and faster than it has until now.
- As in the past we have created money on the basis of future development potential, more money can be created today that will lead to greater future development.
- Our physical experience through development has lead to the creation of values in society. We have evolved to understand that land, physical strength, aristocratic blood are less important for development than democracy, free markets, money, technology and organization. Ultimately we have concluded that human choice and human capacity is the ultimate determinant of development. As society has acquired values as the result of long development, it can develop further now by consciously accepting higher values. Developing our consciousness to adopt higher values (human values) will spur our material and social development.
- Money is based on the confidence of the society. The more confident the society is of its future, the more it directs its energies in productive activities that build a more developed society. Raise the confidence of Russian society about its future political stability and its energies will be more constructively invested to accelerate its development. The loss of confidence in Japan led to social and economic stagnation at a time when society was steeped in money.
- Therefore, putting in place the social mechanism to create greater confidence (social security, World Army, guaranteed employment and food security, universal education) now will lead to greater development of society.
- Money as an organization that makes possible a greater utilization of social resources and potential.
VII. The Creative Power of Mind - Money
Mind is the last strand in creation, says Sri Aurobindo. The Absolute successively created Being, Consciousness, Ananda, and Supermind. Mind is a subordinate power of Supermind. Life is a creation of Mind and Matter is a dense form of Life. In dealing with the existence of evil in the world, Sri Aurobindo says there is no evil really and what we know as evil is really an intense form of good, negative in our perception. Our perception is a mental perception which is the perception of divided consciousness. Evil disappears the moment our perception sheds its divided nature.
The momentous discovery He is offering man is that the Spirit can move matter. If Spirit is capable of moving matter, when we come down to mind from spirit and handle life which is higher than matter, it becomes an abridged version of the Master's theme. Our theme here is money that is scarce today can be created in great abundance approaching infinite dimensions till, by virtue of its abundance, it will lose its value even as water and air. The basic assumptions of this theme are:
- Money was originally created by mind.
- The basic components of money are energy, organisation and human trust.
- As man rises from the physical to the spiritual, his capacity to generate energy becomes greater.
- A higher plane acting on a lower plane releases more energy than the lower plane can normally release.
- If man, who now works physically or vitally, raises his work to the plane of mind, it can increase that release of energy enormously and if he then raises it to the spiritual, it can approach infinity.
- Recently we are witnessing creation of money in vaster quantities by partial application of these principles such as quicker movements, greater symbolism, capacity to overcome spatial division, and so on. Even a fuller exploitation of these powers of mind will render money vastly abundant all over the world. Such a glut is witnessed in some sections of the population already.
- A marriage of two organisations, such as telecommunication and computer, has been a landmark in social evolution. Rather, every major landmark had this characteristic. All the uncovered possibilities await our exploitation and it would make the whole world a hundred times more prosperous than now. Its one side effect will be a glut of money.
- Printing, book publication, newspaper, radio and TV are as much institutions as money is. They have nearly saturated their use value and lost their value of scarcity or novelty. The phase of their combining with other institutions has begun.
- While these developments so far are unconscious, we now plead for a conscious development in the field of money.
- Production of money has moved from physical to the vital field and a little to the field of mind. It is possible to shift the plane entirely to the mind and even allow it to enjoy the benefit of Spirit. We can discover that money can be created by mind.
- Matter and Life have been created by mind.
- Money is but a small part of life. Therefore mind can create money and in abundance too.
- Our goal is man becoming God who created all life.
- Man in his endeavour to become God, can create money, a part of life, and therefore it can have an infinite abundance.
- Money is not unique, nor the first. Internet and e-mail have made communication abundant and almost free.
- Air travel and encyclopedia on the internet are not direct expressions of the phenomena we speak of. They are partial expressions or penultimate steps towards our goal.
- Life is a creation of space and time. Money is part of it. Space and time are constantly being abridged which means money is becoming abundant.
- Thirty years of service now gives thirty years of pension which means his original salary was double in ‘current' dollars.
- Work, exchange, trust, speed, longevity, organisation, energy and ideas are the several components of money. Mind can infinitely expand each of them.
- We restrict our argument to mind and do not extend it to Supermind and spirit.
- Wealth, sex, and power are attractive to the ego. When the ego is shed, it will have wealth under its control. He can create all the wealth, possess all power and enjoy delight, more than Ananda.
- Man can dissolve ego and ‘organise' in a non-ego centre.
Components of the method:
- To create money is not so difficult as to prepare the society to avail of it. In this article, we concentrate more on the readiness of the individual than on the wider social readiness.
- Man, even as science is practising, must have the full knowledge of the process of creation of money. Knowledge of the process and Energy = Money.
- It must be a knowledge of the reality of money, not its appearance.
- Knowledge and Energy = Abundant money. Knowledge and Mother's Energy = Infinite abundance of money.
- That knowledge must be flawless and perfect.
- Energy must travel through force, power and skill to change into money.
- The chain must be unbroken and strategies all the way through must be right.
- Result is instantaneous when perfection is reached.
- Any individual can benefit from it if society is ready.
- One can convert all his energy into money, but it is not wise or called for.
As this is a principle of higher life, for this to work, one should have moved away from the lower life in the sense he should not try to use this power to suppress others. It is more important for man that others should be put down than he should rise in prosperity. The above strategy will work only for those who delight in the higher prosperity of all around them.
VIII. Understanding that Will Bring $1 million
- Money is created by faith and trust. People's faith in me or an idea or a project can bring money to me for work. My faith in myself or better still in Mother can bring the same money, even without the basis of an idea or a project.
- Money comes to those who have money or property security or technical qualification or social reputation. But money can also come for an idea - a technological innovation, a marketing or an organizational strategy.
- When we value money the way society values money, then we are bound by the rules and norms that society imposes for it. When we value the infinite creative power of Mother (the Absolute) and know money as an instrument of that power, then money responds to our faith in that power and answers to its call.
- Money responds to cleanliness, orderliness, punctuality, accuracy, speed, honesty, trustworthiness and personal attention.
IX. Practical Concept of Infinity
- Manifestation of the Absolute in matter and society
Gross Material Planes | Matter | Social Life |
Sea of energy at rest | Satchitananda | Satchitananda |
Vibration in ether (Akasha) [1] | Sound - string vibration The basic unit for all the higher forces of material existence. (Mother's experience of infinite speed of vibration?) | Human aspiration (An infinite energy subconscious in every individual that is the basic unit for all the higher forces of social life) |
Support of all contact and exchange of forces in air (Vayu) | Gravitation, electric and magnetic fields[2] | Power of the group - social cohesion, acceptance, status, prestige, approval |
Inner sustaining force, formal element, builder of forms (Agni) | Fire - Heat Electric fire - electricity? Atomic fire - strong and weak nuclear force | Power of Government -Law enforcement Administrative authority Political authority Military authority |
Attraction and diffusion in water (Apas) | Diffusion | Power of Economic Motive - social trust, cooperation, money power |
Cohesion of earth (Prithvi) | Adhesion of solids | Power of public opinion - Fashion Popularity Rumor and gossip |
- . Principles
The Absolute is at once:
a) All qualities, properties and features, yet beyond limitation by any or all qualities, properties and features
b) An indivisible One, yet also that which manifests and inhabits an infinitely divided by interrelated and interdependent Many.
c) A pure status and immobile silence of the Spirit that is also all infinite dynamic energy, and power of movement in the universe which are based on the status and silence.
d) Formless spiritual substance that is at once the basis and stuff of all forms and capable of manifesting any form.
2. In each plane, the infinite manifests as an infinite variety of forms and infinite creative energy and force without limit.
3. The entire potential of the infinite lies behind and within each form and manifestation of force.
X. Mind can bring money
The.mind can bring money:
XI. Oversavings in Japan and Book on Money
- Wayne Angell's article on 'Oversavings in Japan' puts the problem in a nutshell as if he has horse sense. I am sure there must be a sprinkling of people with common sense even among the economists. Wayne is one. This article is not an occasion for him to speak out his common sense. So, he stops short of practical solutions and right diagnosis.
- The fact that this phenomenon has already occurred in the world is clear demonstration that it is the physical folly that repeats. Surely, if the occasion permits, any other country will repeat it. Why even the US and Japan are capable of repeating it. There is no arguing with physical understanding that repeats in utter defiance of earlier experience. Let us not try it. The world, especially when it wants to march ahead, is not going to try to be convinced by such understanding. It will brush it aside and go ahead.If Asia and Japan insist on going through the 1929 US experience, the world is not without clear thinkers. It is worthwhile gathering them and serving as a spearhead to their thought. Maybe we have to give a shape to their thought. Such thought must pronounce on deflation, inflation, deficit budget, recession, unemployment.
- A book on money must serve that purpose. It must clearly bring out certain facts and give life to those facts till they become inspiring ideas.
- Money is not a thing. It is a symbol.
- A symbol has value only when it is recognized.
- As money is non-material and is in the subtle plane, its power is great.
- Money is the mechanism for man to use his excess energy.
- As excess is thrown away, excess energy is useless for the future.
- Man is selfish and will not give his excess fruits to another. Even if he gives, the excess benefits the other, not himself. Money helps him to benefit.
- Money is like fiction. Products are like life experiences. But fiction has a greater power over human minds to shape their values than history, because fiction is in the subtle plane. Only in the subtle plane immortal characters are created.
- Power comes to money in greater measure than real products.
- This power is real only as long as the population recognizes it.
- An unreal use of any power is the order of civilisation at all times. It creates illusions and illusions do serve their term in life.
- Only compelling circumstances can break illusions.
- Enlightened thought can lead or help but by itself without an accompanying compelling need, it will be futile.
- To make illusion a great reality is the way of all human life and thought. Money is no exception.
- A university degree, marriage, family, joint family, tradition, values, social security, religion and every walk of life are of this hue.
- All these do have a positive role for a period. Beyond that period it is a fetter. These two sides are there in every symbol.
- Our life grows to be governed more and more by that symbol.
- Law is one such powerful symbol.
- Justice departs company from law when law grows otiose.
- The right side of money has a great developmental power even as the wrong side has a power of destruction.
1. Once this understanding emerges clearly and a solution based on it is framed, then it will be possible to put that solution not in the theoretical fashion, but as a practical utility.
2. Should that happen, at least one well meaning man from the ruling class must see the truth as FDR did in 1929.
3. We cannot do it by explanation, but can achieve it by inspiration.
4. That conservative tendency is so great that Asian tigers that struck out a new path anxiously fell into the old trap.
5. Thought does not have the power to break that spell but emotion and its inspiration have.
- . Ask them to trace the origin of the problem. It will reveal the nature of the solution.
- . Reversing their constrictive negative attitudes to specific clients will reverse the process and create positive momentum.
XII. Summary of Approach
- All wealth is created by mind.
- Mind acting on and through matter is less creative of wealth than mind acting on life or directly on mind. The greatest wealth creation has been at the level of pure ideas (for example, Microsoft, not IBM or Edison's GE)
- Mind can rely on material resources, technology, people and organization for wealth creation. They are all expressions of the creator having faith in the instrument. The true creative power is mind itself.
- Mind can create directly by increasing trust and exercising imagination. Shifting reliance from the instruments to the power of mind itself increases creativity enormously (as the scientist does when he shifts from data and experiments to pure concepts as Newton and Einstein did.)
- Mind is a limited power of Spirit, of Supermind. Supermind is the nature of Satchitananda, the creative power for manifestation of the infinite potentials of the Absolute. When we shift from reliance on mind to supermind, creativity increases enormously.
- Psychic is intermediate between mind and supermind. Supermind may be distant for us, psychic comes when we call Mother. Faith in Mother invokes the power of Supermind in life.
- The key is to shift reliance from outer to inner, then from mind to Mother.
- The key attitudes required are,
- Overflowing joy
- Expansive self-giving and delight in others' prosperity
[1] These are the most gross material planes. Behind these, lie the vital physical and mental physical planes.
[2] So called Kaluza Klein theories make the hypothesis that gravity and electromagnetic fields can be unified in a unique one
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