Brought to you by The Venus project which advocates a resource-based economy. The plan is to combine sustainable development, energy efficiency, natural resource management, and advanced automation in a global socioeconomic system based on social cooperation and scientific methodology.
The term "resource based economy" is used by the Venus Project to describe a hypothetical economic system in which goods, services, and information are free. They argue Earth has enough resources and that the practice of distributing resources through a price system method is irrelevant and counterproductive to survival.
I think they are dreamers
But they do make some interesting points about our banking system such as
when you borrow from a bank both parties must give legal consideration (something of value)
The borrower does ( IE his house, his car ) but the banks "MAKE MONEY UP" so they have given nothing of value in return
Courts have actually agreed and loans have been cancelled as a result of this argument
All money is based on debt
If all debts were paid off there would be no money in circulation
but
There is only enough money in circulation to pay back the principal not the interest
Therefore the debt can never be repaid
This results in a hidden tax called inflation as your money becomes worth less
3 steps to taking over a third world country
1 Send in the "economic hitman" (world bank) to bribe with generous loans. Once the government owes huge monies they are easy to control with "structural adjustment policies".
2 if bribery fails send in the "jackals" to foment and overthrow, if that fails assassination (central America)
3 If that fails send in the military. Iraq is an excellent example. While Husein was a S.O.B. if he had accepted financial control, like Saudi Arabia has, he would still be a rich tyrant in power with an American subsidized army
The term "resource based economy" is used by the Venus Project to describe a hypothetical economic system in which goods, services, and information are free. They argue Earth has enough resources and that the practice of distributing resources through a price system method is irrelevant and counterproductive to survival.
I think they are dreamers
But they do make some interesting points about our banking system such as
when you borrow from a bank both parties must give legal consideration (something of value)
The borrower does ( IE his house, his car ) but the banks "MAKE MONEY UP" so they have given nothing of value in return
Courts have actually agreed and loans have been cancelled as a result of this argument
All money is based on debt
If all debts were paid off there would be no money in circulation
but
There is only enough money in circulation to pay back the principal not the interest
Therefore the debt can never be repaid
This results in a hidden tax called inflation as your money becomes worth less
3 steps to taking over a third world country
1 Send in the "economic hitman" (world bank) to bribe with generous loans. Once the government owes huge monies they are easy to control with "structural adjustment policies".
2 if bribery fails send in the "jackals" to foment and overthrow, if that fails assassination (central America)
3 If that fails send in the military. Iraq is an excellent example. While Husein was a S.O.B. if he had accepted financial control, like Saudi Arabia has, he would still be a rich tyrant in power with an American subsidized army
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