Good News!
Posted on March 17th, 2009 at 8:40 pm by Steve

The man whom many of us may remember as “Hakim Bey” is still online, still writing, under his “real” name, Peter Lamborn Wilson:

Coins might “really” be worth only their weight in metal but the temple says they’re worth more and the king is ready to enforce the decree. The object and its value are separated; the value floats free, the object circulates. Money works the way it works because of an absence not a presence. In fact money largely consists of absent wealth-debt — your debt to king and temple. Moreover, free of its anchor in the messy materiality of commodity currencies, money can now compound unto eternity, far beyond mere cows and jars of beer, beyond all worldly things, even unto heaven. “Money begets money,” Ben Franklin gloated. But money is dead. Coins are inanimate objects. Then money must be the sexuality of the dead.

His regularly-updated posts can be found on Reality Sandwich.