Monetary Systems

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Jerry LaPlante wrote:
 

Changes cannot occur unless the power of money creation is taken away from the fractional banking system, by congress. As long as they bankers are allowed to create money at the stroke of the pen, we will remain in financial slavery. We must stop monetizing debt, and start monetizing man's production. While I applaud your intentions, you are fighting an uphill battle. The driving force behind everything is the money. The banks create and own it all, and you and I just borrow it and pay interest on it. The only vehicle I can think of to get a new system to where it could handle the 10+ trillion economy we have, is our infrastructure. Monetizing man's production and maintenance of infrastructure would create a wealth money, because it would be earned into existence, then spent into circulation without an interest debtload on it. Please visit www.wealthmoney.org This site has the history of how our money was debauched by the bankers, and the solution to the problem. Until the system is changed, hold your breath, and hope that this system doesn't crash. Eventually it must. JRL

 

Aleksandar Šarović wrote:

Not only do I agree with you, but that is exactly what I have described in my book. I will try to explain the best monetary policy in a theoretical sample. It will require the government of the state to print money and buy all produced goods from producers. As soon as the producers receive money for their goods they become consumers. Then the consumers should immediately by their free will, buy all of the goods from the government so that it can returning back the whole amount of printed money. I have to admit this is an impossible task for the free market economy, but the closer we come to that ideal model the better the economy will be. Such a model would require a super efficient market regulation that will super efficiently balance demand and supply. However, the best result would certainly come from the democratically planned economy. It presents the most stable and efficient production, production based on the orders of customers. No more debt money would be involved and theoretically the problem is solved. 

How will we implement such a system? In the beginning, the system will be implemented locally by the wish of the people. There is no better production than the one where each working place gets the best available worker. I call such a company the humanist company and it will be able to accumulate its own money (if necessary it may print its own money) and to fight the rich capitalists and bankers back. Does not matter how much the capitalists and bankers are rich, as time passes, they will be less and less able to compete the humanist companies. Money is worthless in capitalism if it does not bring profits back. Taking into account that the capitalists and bankers are not able to prevent bankruptcies, the economic and political crisis, and that they are rational human beings, they will actually not have any other choices than to join the new system for their own good.

 

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