mutual-credit-the-astonishingly-simple-truth-about-money-creation/

It is in this incredibly simple way that humanity can finance itself interest free. We can get rid of interest, not by outlawing it, but by creating all the cash we will ever need at zero cost.We don’t need interest, there is no economic need for it and fully functional ways of creating credit without it are available now.It will make obsolete capital markets, speculation, and exploitation through artificial scarcity. It ends the losses to inflation. It allows decentralized control of the economy.It only needs growing awareness and dedicated people to implement it.

http://realcurrencies.wordpress.com/2012/01/03/mutual-credit-the-astonishingly-simple-truth-about-money-creation/

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About dysviz

ecodesigner, builder, prototyper, general tinkerer, working towards social justice, in a society, that respects human diversity as well as celebrates the Great Spirit behind it all, manifested as the Commons, that complex natural biodiversity all around us that we depend on for survival. "Compared with other major clinical disorders, little systemic research has been devoted to psychopathy, even though is is responsible for far more social distress and disruption than all other psychiatric disorders combined." Dr. Robert Hare "For we are opposed around the world by a monolithic and ruthless conspiracy that relies on covert means for expanding its sphere of influence--on infiltration instead of invasion, on subversion instead of elections, on intimidation instead of free choice, on guerrillas by night instead of armies by day. It is a system that has conscripted vast human and material resources into the building of a tightly knit, highly efficient machine that combines military, diplomatic, intelligence, economic, scientific and political operations." John Fitzgerald Kennedy – JFK photography at http://www.flickr.com/photos/vizpix/ clean energy and sustainable tech: http://southsidedelite.blogspot.com/view/magazine https://plus.google.com/102237768047642940069/posts
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One Response to mutual-credit-the-astonishingly-simple-truth-about-money-creation/

  1. Pingback: mutual-credit-the-astonishingly-simple-truth-about-money-creation/ | seeds for natural justice

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