Understanding Money & Economics
To understand the central role that our economic system plays in the crisis human civilization faces today, it is necessary to learn about the basic way money works.
Money, of itself has very limited intrinsic use. It’s a piece of paper (paper bill), a piece of plastic (credit card) or bits of metal (coins). Other than it’s conventional usage, there is only so much you can do with a small piece of colored paper, round pieces of metal or a rectangular piece of plastic.
Money only serves an intermediate purpose – it is only a bridge to the things that we really want….goods or services. Bartering has severe limitations. I may want some goods or services you offer, but I may not have any goods or services that you want. A barter system hits this limitation as soon as I have something you want but you don’t have something I want (or vice versa). The advantage of the convention of money is that because everyone agrees upon it as a convention, it has a universal (but conventional) value. Money’s usefulness comes from this universal exchangability. I can go to almost anyone and if I offer them enough money, they will part with their goods or services.
From this very useful function, today, money has morphed into a tool of inequity and harm. How did this happen?
The modern banking system had it’s origins in deception. Those who secured the ability to print money for the government knew, quite literally that they had control of the greatest money-making scheme in the world.
Become educated on what the money system really is so that you may democratically participate in the creation of new monetary system that works for ALL human beings.
Part 1: Misconceptions around banking
Part 2: What’s wrong the the money multiplier?
Part 3: How is money REALLY made?
Part 4: How much money can banks create?
Part 5: Coming Soon
Part 6: Coming Soon
3 minute explanation on why there is so much debt
4 minute solution to the debt crisis
Monetary Reform by getting rid of the big banks monopoly on printing money