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For our nation to issue its own currency and cease using the federal reserve or central bank model.

This video showcased to me the non-sense that some people can come up with using very pure and positive motivation: the motivation for our developed nations to get back on track and create new jobs and new opportunities. I commend the speaker of the video for his outside the box thinking but there are a whole lot of reasons why his ideas will surely never materialize in the US or UK. The biggest of which reasons would be because our currencies are printed by a central bank which automatically ensures our countries owe interests on the debts we accumulate. This system of debt-based fiat currency sponsors the current economy of stock market trading derivatives and the like. This top-down approach severely discourages financial innovation like this from the bottom up which is (from what I gather) the speaker is suggesting. Also both the UK and US Parliament/Congress respectively are far too corrupt to have funds appropriately go to such an idea because they have too many special interests to appease and fund first.

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  • Feb 10 2013: No need to create new jobs. They are there and waiting for us.
    This will sound foolish but here goes.

    I believe in getting rid of monetary systems altogether. I have broached this to individuals who are much more intelligent, more educated and way more successful in life than I have been. They react with disdain, disgust, and dismiss the idea quickly. Sometimes they ask a question to which I have asked one back. The one I ask the most is this, "Do you believe that if the global economy completely collapsed, money was worthless and there was none around, that you wouldn't get hungry any more?" The answer I have always gotten is a defiant, confident, "yes!"
    Now, I think that sounds crazier than the concept of a different system that doesn't rely, depend or revolve around money.
    The answer made me remember something Jacque Fresco said he noticed when he was a boy (about 17) and the depression was setting in. He said he didn't understand it because the factories were there, the machines for whatever were present and in fine working condition, the resources were there or available and the people, the most important part, were also available but not there, because of money.

    I keep saying this and will continue to do so.
    Things don't.........."get done"..........because of money.
    Things ............"don't get done".......because of money.
    Yet nothing costs money. Every thing costs people, yet people continue to believe the lie that money is more valuable than people. Money does nothing. People do.

    I really believe that if we begin thinking in new ways, which means totally abandoning or letting go of old ideas in order to do so, and keep spreading these new ideas, that if and when the global economy dies we can do what money blocks us from doing. Finally, we will solve our problems. Certain things must be done and without money blocking them, we can do them. To believe we will lose all motivation is a lie meant to keep money alive. Money needs us. We don't need it. Cont

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