Money sequence of value

This is a term used in Zeitgeist Moving Forward - see previous post - along with "life sequence of value". This website explains the concepts quite well, I thought:


http://www.proz.com/kudoz/english_to_bulgarian/finance_general/4205519-money_sequence_of_value.html

Today, in every economy of the world, regardless of the social system they claim, money is pursued for the sake of money and nothing else. The underlying idea, which was mysteriously qualified by Adam Smith with his religious declaration of the invisible hand, is that the narrow, self-interested pursuit of this fictional commodity will somehow magically manifest human and social well-being and progress. The reality is that the monetary incentive interest, or what some have termed the “money sequence of value”, has now completely decoupled from the foundational life interest, which could be termed the “life sequence of value”.

What has happened is that there is a complete confusion in economic doctrine between those two sequences. They think the money sequence of value delivers the life sequence of value, and that’s why they say if more goods are sold, if GDPs rise and so on and so forth, therefore there will be more well-being, and hence we can take the GDP to be basic indicator of social health. Well, there you see the confusion – it’s talking about money sequences of value, that is all the receipts, all the revenue that have arrived from selling goods, and they’re confusing that with life reproductions. So that [sc: what] you have built into this thing right from the beginning is a complete conflation of the money and life sequences of values.

Zeitgeist: Moving Forward

http://www.youtube.com/watch?v=4Z9WVZddH9w

Peter Joseph's new film is now available on Youtube and will soon be available on Vimeo subtitles in 30 languages are being uploaded.

At nearly 2:40 it's quite a long film, though you can always hit pause and have a rest. I don't think, though, that he's wasted a minute - OK, there are some arty bits that just give an impression rather than informing, but it's packed full of useful science/knowledge.

Zeitgeist: Moving Forward

Message from Peter Joseph of the Zeitgeist Movement

"Zeitgeist: Moving Forward", which is explicitly about a Resource-Based Economy, to going to be opening theatrically through independent (Chapter) groups starting Jan. 15th 2011. As most know this arrangement is non-commercial and I am not requiring any monetary return. Any proceeds that are obtained from these screenings will be applied to each respective ZM Chapter's work, specifically for ZDAY 2011 - which we hope to be larger than ever.

If you are not in a Chapter but would like to host a screening, special arrangements can be made depending on your circumstance. Ideally, you would need to start a Chapter or join one in your area to qualify but there is some flexibility. Please email zmf@thezeitgeistmovement.com if you have any questions.

*The Official Press Kit is now available for download:

http://www.zeitgeistmovingforward.com/

*Also, please view/re-view and spread (embed/email) the ZMF YouTube Trailer far and wide. A viral recognition is important. [It is also now in 30+ languages.] http://www.youtube.com/watch?v=QYLLFpNn4lMfeature=player_embedded

Thanks for your help. Again, this work is a tool to create public awareness/response which will reverberate across the world, as the current system continues to deteriorate. People are looking for change and I suspect by Jan. 2011, the western decline will be at a new low due to the ongoing/inevitable global debt collapses; the mass unemployment paradigm emerging."