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The Problem and The Solution
Today, each baby is born into debt slavery. This debt is attached to him via undisclosed commercial contracts which convert the living child into a human chattel asset backing the debts of governments.
This system is set up so that the debts accrued can never equal the debts repaid. That is, even if you pay all that you owe, there will still be interest to be paid on this debt when you die. This debt will be passed on to the next generation. This creates a perpetual Debt Ponzi Scheme.
Instead of money, each new participant contributes a share of debt to the pyramid. With each new generation this odious debt increases and more and more of the world’s wealth is controlled by fewer and fewer people.
These controllers are middlemen.
This is because on the opposite side of the ledger in such a system, the debtors are also the creditors; if it were not for the middlemen, the bankers and fund managers standing in the way, this would be apparent to everyone and we could all have a good laugh. The Problem turns out to be ignorance and dishonest bookkeeping.
When we use actual commodities as money instead of debt, the debt pyramid is eroded, but other problems rear their heads. The use of a standard commodity, such as gold or silver, as money, creates a system of idolatry. No matter how much of the commodity we amass, there is never enough. Such a system is prone to manipulation by producers and hoarders of the standard commodity.
Inevitably, the producers and warehouse managers (bankers) of the standard commodity gain an unfair advantage over everyone else. This results in an inelastic, unreal, dishonest system of trade that limits and burdens the many and encourages gluttony by a few.
Conclusion: there is no lasting relief in either the Debt Ponzi Scheme nor in the use of any Standard Commodity as money. Both systems have been tried and both systems have failed and both systems are prone to manipulation, dishonesty, and limitations that cripple us.
We need a new answer.
We need an honest, incorruptible way to trade with each other that includes and empowers everyone.
Without going into a lot of technical detail, we have a simple, seamless, utterly secure, utterly private means of replacing both the current Internet and the current banking systems. Our system is generations ahead and can’t be hacked. This provides a means for people to connect safely and privately on a global basis. It also provides the unobstructed ability to trade, to record transactions, to record property interests, to declare our individual form of law and political status, and to establish unique identification passwords and addresses. This gives us all the means to trade but not the “what” to trade.
We propose a truly global currency based on the value of all goods, all commodities, and all labor resources currently traded worldwide. This creates a “Super Commodity Standard” that actually does reflect the value of all goods and services being traded worldwide. Everyone has value to trade by virtue of their country’s natural resources and their own ability to work, and everyone is a producer when trading in our Super Commodity Currency.
There is no benefit from hoarding or otherwise manipulating such a currency, and no practical limit to its value, which increases when we reinvest in care-taking the Earth and its people, instead of increasing when we destroy each other and pollute the planet. Both these initiatives are non-violent, non-coercive, and not aimed at harming anyone. We simply introduce them as new options and let nature take its course.
As soon as people realize all the benefits of having a secure private identity and private banking and internet capability, they will naturally want access to our new banking and internet system. The common sense benefits of having investments in Super Commodity Currency means they will exchange some of their national currency for global currency and begin trading in it. Especially resource rich and labor rich countries will benefit from using Super Commodity Currency— meaning that those with the most need will reap the most benefit and freedom from this new system.
Over time the reinvestment in the Earth and in the people will increase the value of the Super Commodity Currency, and people will gradually let go of their old national currencies. The impulse to compete will no longer be channeled to trade wars and contests like “China versus Japan”– and will be addressed toward maximizing and increasing the health and value of each worker and each plot of land, instead. This system pays for itself, is self-generating, and has no known limitation or drawback technically or morally. It is de-centralized, self-policing, self-correcting, and can endure indefinitely.
It is competent right now to replace both the Debt Ponzi Scheme and the Standard Commodity Scheme with an honest and beneficial system of private international trade.