LOVE System: Notes, Changes & Updates

Anyone (Each person) with cash needs to deposit that cash into their personal bank account within a specified amount of time. After a specified time-limit that paper cash will become worthless.

Note: Anyone concerned that certain rich people will have too much power due to their monetary wealth, they won’t have monetary power. Money in the LOVE system cannot be used to pay people off, or buy government, or buy mass resources. Money in the LOVE system can only be spent to buy personal goods, in other words, money can only be used to go shopping at stores (brick-and-mortar or internet). Money cannot be used to buy up land, or the resources residing on or under those lands, nor to buy businesses or means of production, and most importantly people can’t buy people or have financial leverage over people.

In other words, rich people will not have any power because of their money, but they do have 1 vote just like you and me. They can’t pay other people to carry out underhanded power plays.

In some of my earlier writings, I said the US Dollar will be ended, I retract that statement, I didn’t word it right. The US Dollar and all other currencies will still be the legal currency, but it will all be electronic digital money in our bank accounts, all cash will be ended and void as legal tender after a specified amount of time (that’s to allow some time for everyone to deposit their cash into their own bank account). 

Basically, the current banking system will be publicly owned by everyone instead of privately owned by a few. Money will no longer be created as debt. All money is created for each individual within their own personal bank accounts as 1) UBI Income for basic life necessities, 2) Earned Income from your job, work, social contributions. UBI & Earned Incomes are automatically direct-deposited.

Modern technology is the difference in why we can accomplish this socioeconomic system now versus in the past. In the past, scarcity did exist, but today we create abundance with far less human labor, and we can still automate much more for even more abundance.

By changing to the LOVE System we don’t have to “search/find/budget” “how we are going to pay for” much-needed matters/solutions that have either no “profit incentive”, or are held back because the solution(s) threaten the relevance of antiquated corporations that have a financial stranglehold on our world and resources, such as oil and energy companies. Solutions that are hard to “find the money for” in our current capitalist monetary system are things like climate change; pollution cleanup; clean, renewable energy technologies; free universal healthcare; free education; free food, home, utilities, transportation, and much more. All these things can easily be paid for without debts, deficits or taxes. The money is created for all those things in the form of hiring people who get paid high salaries, the money is “created” the moment each person/worker/contributor receives their direct-deposit Earned Income.

I often feel like giving up trying to write all this because 1) it seems hardly anyone reads these days, 2) I can’t explain it good enough by trying to write about it. My hands can’t type as fast as my brain works, so I leave out or screw up my explanation. When reading some of my past writings about the LOVE System I notice several mistakes, discrepancies, or things I just didn’t explain good enough. Some of my ideas have evolved and I haven’t had time to change/update/edit the information on all the pages on my website. I may try to make videos of me speaking about it instead, but that’s difficult too. I wish I had someone nice to sit down with and talk to while recording the conversation. I’m much more comfortable talking to an open-minded and receptive person than I am talking to myself in front of a camera. Bottom line is, I communicate much better (most of the time anyway, depends) by speaking to someone in person rather than writing or recording myself.

Anyway, I Love You!

Stay Enlightened!

Below: Google Docs Version