342.Monetary System in Equal Money Capitalism

Equal Money advocates a Monetary Reform. Money will cease to exist the way it does now, Economy will cease to exist as an attempt to legitimize a system created for means of control and abuse. Money can instead become a tool to redeem our past, and ensure that we collectively agree to make it our all access pass to that which we require to live – it is a tool, we redefine it to support the Living Principle of what is Best for All.

Continuing:

 

 

Problem                                                                

  • We have different forms of values imposed onto things, all of them representing all the value schemes that we have created in order to dismiss the common sense fact that life is equal in everything and everyone, yet we have created use values, exchange values and the intrinsic ‘value’  which is supposed to be part of the object or material in itself according to, once again, a scheme of values that we accepted and allowed without a question. Who decided that Gold was meant to be the Standard again?Who decided what type of materials would become our Key Commodities?  Our ‘Monetary Authorities’ wherein no democratic decision was taken into consideration to do this. What does this mean? That the price tags that we currently see are the result of historical processes that we are dragging along as ‘how things are and have always been’ that have no foundation whatsoever on a physical and inherent quality of things and understanding of life in itself.

 

  • Therefore, it is ourselves as the Human Race that have schemed the world system – the responsibility lies within each one just by using money. You and I currently use this faith and belief-system item as Money that we ‘carry around’ as our  ‘all access pass’  to get what we need. Even if it is a ‘fiction’ in itself, we have made it quite real the moment that we accept and allow the fact that only with these papers, coins, digits on a screen one can have an assured means to live.Till this day it dawns me how the entirety of who I am and how I live is defined by the amount of money I have in my pocket and/or bank account, that is my ‘security’ and my ‘freedom,’ which is limited to all of us to say the least, otherwise we would not be here advocating to review the fallacies that we have built as our prison of words and values in this world.

 

A bit of History

Before World War I the Global Financial System was organized around the International Gold Standard System. In theory the Gold Standard was an Exchange Rate Regime between the countries that were already the main participants in the global trade scheme.  The Gold Standard was implemented to:

1. Maintain exchange rate stability – meaning that currency and metal would not change

2. Maintain convertibility between domestic currency (yen, dollar, pound)  and a predetermined amount of gold. 

It was actually in 1717 that Newton shifts the previously placed Silver Standard in 1696 by John Locke by arguing that Gold is ‘better.’ From 1867 on, Gold became a standard for France, Germany, US and Japan. This means that the adoption of this Standard became a form of ‘membership’ between countries that would become major economies. The GS  set the ‘tonality’ of who would become major potencies around the world. The coercion point thus became the introduction of this Gold Standard to other countries which is what formed the Financial Integration between these nations, it became like ‘the Gold Club.’

Then came the World Wars where inflation, hyperinflation, competition and chaos reigned on the global map. The destabilization lead to further attempts to reinstate the GS were made to no avail i.e., Bretton Woods System in the 1940’s by the UK and US  until in the 1970’s when after the glut of dollars came a dollar depreciation, the effects of the War in Vietnam and the sinking Market Value that lead Nixon to abandon the Gold Standard. From 1971 and on we’ve  had Floating Fiat currencies –this means a definitive dissolution  of the ‘gold club’ encouraging major economies then to move away from the Golden Standard and instead, these proposing the currencies themselves to become the new ‘standard’ for trade – hence minor economies pegged to major currencies like the Dollar and the Euro.

Where is the coercion as the imposition of all of these changes in the Monetary system existent at the moment? Through International Organizations like the IMF, the World Bank, Agreements like the GATT under which small economies integrated themselves within this ‘liberalization of trade.’ In 1994, all the ‘big economies’ left the GATT and create the WTO – World Trade Organization which included all the countries with developed economies. This is where the ‘rules of the mob’ are set wherein if countries wanted to become part of the ‘Great Leagues’ in the international market, they would have to comply to the rules set in this organization, and that’s what we currently have: a membership within the WTO means one is  willing to play according to the rules that those at the top of these International Organizations and Institutions that decide is ‘best for their interests’

 

  • We certainly have only complied to all of this monetary history since the17th century and every time we use money, we legitimize this story and process of adopting our monetary system ‘as real.’  We directly comply to this imposed mechanism that certainly serves Imperialistic moves to benefit only a few.

 

  • The question is: can we see any ‘Value of Life’ regarded in all of this data? There is non, we have always been subject to ‘greater decisions’ that we’ve complied to as godly rules without a question.

 

  • Once again, who decided that ‘Gold’ was the standard? And even more so now: what is ‘backing up’ our Fiat Currencies? Nothing but sheer ‘agreements’ where no physical and mathematical equations of this reality are taken into consideration to ensure that everyone has access to what we require to live. This is how we can say there is No Common Sense in our Monetary System, it is all been a belief system and illusion.

Solution                                                              

    Can one just create money out of nothing – isn’t that what is causing the current money-crisis?

    Indeed. What we’re proposing is a fiat money-system. Meaning: money that is created and issued by a central institution directly and declared as Legal.

    With regards to the current money-crisis, one must understand: it is not due to money being created ‘out of nothing’ – but solely due to the procedure according to which all money being issued has the nature of a loan with interest.

    This is completely against what we’re suggesting: because the point of having money is not to use it to exploit people for power and control, but to make life easier -which is by the way what children in schools are being taught about why money exists. Unfortunately they’re not being told the whole story.

    Money will be a tool at your disposal that gives you access to living-recourse. It will not be a ‘loan’ – because you have a right to it: it is your money.

 

  • The value of money in a New Monetary System in Equal Money will hold the Value of Life as its one and only Standard – this is what will determine the equal distribution of resources to everyone wherein Money will become a way to administrate this distribution in  orderly manner. Money is necessary to coordinate the distribution and management of our resources so that even if everyone will be granted access to them, any form of abuse is prevented and measurable by using Money as a counting tool based upon the physical resources that will be produced and commercialized.

 

  • Money will stop existing as an Elitist and Mob-Mentality Pyramidal scheme that uses coercive means to ‘grant power’ to some and leave the majority out of the game.  Instead our International Institutions will have to adopt the understanding of this new  living principle wherein Money Equals Life in Equality . This means that organizations like the IMF, World Bank would have to adopt this measure or simply cease to exist, because any denial to the new value system would imply a desire to continue exerting means to have power and control over nations, and that is unacceptable.  We will have the ability to decide How our International Organizations are formed and if they are even necessary in a world order where Life will be the guiding principle between Nations and individuals.

 

  • Because all we have known thus far as humanity is that Money grants you access to obtain what we require to live, we will Still use Money to regulate our behavior with our access to buy and consume what we require in order to understand in a practical common sensical manner how spending our money on that which enables us to live is the priority, and how the rest of the products that were manufactured for mere profit-making purposes will have to be rebuked from having a place in our markets. Equal Money means Dignifying Life at all levels which implies that the use of our resources will be equal to the Value of Life we will be guarding at all times – we won’t use the Earth’s resources and the People’s Labor/ Participation just to ‘make money’ because that won’t be a possibility in a world where there is no ability to ‘make more money’ as a form of abuse, but instead every action and decision we make will be based on the integration of the living Principle of Life in Equality: What is Best for All.

 

  • Politics will still be the means to implement this New Monetary System through Direct Democracy- this is because we act according to the premise of using what is already functional as our system to walk the necessary transitional process to redefine our political structures to an equalized self responsible organization of individuals, wherein money also becomes a mere ‘assured access’ to what which we will realize and understand as a living responsibility and right to our lives – politics is the only way we can ensure that each person’s vote counts: we take responsibility for this history lived so far and walk it toward a new outcome where we can eventually go past the schemes, models and concepts that once stood as the form of power and control upon life.

 

What will the Equal Money look like – how will it work?

Most practical would be to have all the money be digital – because then it can simply be send from one (or many) central point(s) to all the individual accounts. Which would then require digital payment technology at every shop/store/warehouse and chip-technology. So it will be very similar to the payment systems that are already in place.
The type of biometric identification depends on the technological advancements that are most suitable for authentication purposes. The current biometric state of the art technology includes DNA readers, palm and fingerprint recognition, and iris scanners. Embedded technology is also a possibility.
The point here is to have a digital system which can also be implemented through using bankcards which already have a chip in it for further security.
Another reason why digital money is preferable – is that just as easy as the money is created, it must be able to be deleted. This would happen as soon as the money is used at the first payment. When I for instance buy myself a pair of shoes, that amount of money that I’ve just spent will not be ‘transferred’ from my account to the account of the store, it will instead be deleted from my account. Because remember: the purpose of the money is to make sure there is equal access for all to basic living-resources. Therefore once the money has served its purpose, there is no reason anymore for it to exist.

-Equal Money Wiki – What will the Equal Money look like – how will it work?

 

 

Further Information:

 

 

 

Rewards                                                  

  • A New Monetary System that is actually agreed upon through democratic means an stands within the principle of Life in Equality means that there won’t exist International Organizations and Institutions dedicated to ‘Balancing Powers’ in the global scheme of ‘major’ and ‘minor’ economies, because all nations of the world would have to reside within the same common understanding that a new value system in the form of a currency will have to be adopted by all to equalize this new understanding of our relationships toward that which we all require to satisfy our living conditions in the best possible manner which means quality, sustainability, security and coordination to ensure Equality is the principle that guides our lives.

 

  • No instability, no more hostility, no ‘beg to thy neighbor’ and cut-throat agreements to maintain a disparity in hierarchical systems at a domestic and international level. The only union that will exist is the realization that the outcome of this new value-system – whichever numbers it takes – will be to ensure that every single Nation is having an equal-stand at an International Level. The same goes for each individual having the necessary means to live by virtue of their work and contribution to the system.  This will eventually change within the context of Equal Money System – yet within Equal Money Capitalism, our work is our access to that which we require to live.

 

  • No more will certain nations step up as hegemons behind International Organizations that control the value of money at a global scale –  instead every single nation will be guarding the same principle where people’s well being, life’s well being is the core point of focus – no more wars and offense-defense balances, war mongering processes or economic sanctions being schemed for imperialistic means, instead every nation will ensure that their organization is acting in accordance to a global understanding and agreement to generate a New Monetary system that establishes the foundation for an Economy based on the Value of Life itself: ensuring that every individual and nation is equally benefited with an equal distribution and availability of goods and services, as well as generating the best living conditions as our environment to live in.

 

 

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About Marlen

I share my realizations and perspectives within learning how to live life in self-honesty in the Desteni Process to expand and grow as a person in this world. #IMatter View all posts by Marlen

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