もう一度だけ
thethandapanda   Tokyo, Japan
 
 
Existence is equal parts suffering and pleasure.
The Universe is equal parts terror and wonder.
Currently Offline
Who owns you?
At birth, the first gift that was given to you by your parents was your name, or "given name", while you inherited your surname, or "family name". At this point in time, your parents signed a statement of live birth, meant to protect your name under law. Your parents' signature on this document brings into effect a trust, where you become the beneficiary and your parents become the trustees of your name, also known as your title. Henceforth, you are to be recognized "through" your name.

The will of a legislature is to recognize you as a citizen through your name. However, birth registration transfers no interest in property, it's simply a legal recording that is meant to protect your interest in the property of your title. A person cannot do anything "freely" in a society, under a legislature, without citizenship through their title.

When your parents sent the government the legal title that was granted to them at your birth, a legal fiction was then created in your name. How was your fictitious name created? First, you will need to understand the jurisidictions that govern your person.

Your person is governed under two separate jurisdictions, natural and juridical, by common law and civil law respectively. You are the beneficiary of your legal name written in proper form (eg. "John Doe") which you can use on any official document as a signature.

Then, after accepting the birth certificate given to you, the government becomes the beneficiary of your fictitious name, treated as a corporation and always written in capital letters (eg. "JOHN DOE"). You then become the trustee of your legal fiction, meaning: you have the capacity to enter into contracts, own property, sue or be sued. Additionally, you are subject to taxes, fees, bills or fines with your fictitious name on them.

Your birth certificate provides proof of this trust agreement between you and the Registrar General of your government, whose signature also appears on this official document. You'll also notice that your fictitious name is on this document, written only in capital letters, as it is in all legal documents, including your bills, and property titles.

The government then becomes the usufructuary of this agreement, whereby they use the evidence of your birth through a legal claim to administrate in your benefit. Thus, your inherent birth rights have been seized and replaced with statutory rights, also known as your legal rights. Usufruct is defined as: "the right to use and enjoy the profits and advantages of something belonging to another as long as the property is not damaged or altered in any way."

One of the legal rights given to government through your title is to conduct commerce on your behalf, leveraging your title on securities exchanges, holding your person and property against the national debt. This affects bond valuation, reducing interest rates due to a lowered credit risk, manipulating the yield curve. Governments rely on the yield curve to manage their finances, much like we rely on our line of credit to obtain a loan.

Countries would traditionally leverage precious metals such as gold against their money. When an economy failed, the gold in the coins was then melted into bars, meaning that money retained value. Today's economies use fiat money, valued only because a government has control of its property, and its laws declare what is legal tender. Fiat money has no value except for paying government debts, it's not being held against a gold standard.

What does that entail for us, if for whatever reason the economy was to stop producing equitable returns on the bond market, what would happen to our person or property? Here we must beg the question: "who owns you?" And, if we are the chips on the table, what happens if our government fails us in this reckless gamble?
Artwork Showcase
Mimi chan <3
Recent Activity
235 hrs on record
last played on 13 Apr
0.6 hrs on record
last played on 7 Dec, 2024
15.6 hrs on record
last played on 7 Dec, 2024