Paul O'Connor

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Paul O'Connor
Posted about 1 year ago
What benefits and challenges might arise as a result of transitioning from a monetary system to a resource-based society?
Any product developed for the sole purpose of maintaining wealth is man driven for obviously personal gain. Where society values scarce items such as Gold or any new supply starved product to hold wealth is simple manipulation of the system to continue the devastation money had created. Real poverty is Economics driven and wealth of society relies heavily on the creation of poor by starving resources and artificially inflating prices by starving supply. Nothing on earth has any real value outside food, Clothing and shelter. Everything else is just desire driven. Banking system take the money from the poor or the depositors or the tax payers to recover their losses and maintain the financial systems function. How is this or any other element of the monetary system of value to the general population where those in control of the money take huge slices from the funds/deposits etc and then when it all goes wrong call on the same depositors to give them more money without incurring debt so they can recover. Society needs to take a good long hard look at itself and remove money and the concept of money from society for it to progress from the pillaging that has gone on over the last century. without money we can only trade items of real value. Goods and services do this. Convenience is the only benefit of money but to what degree of penalty to society