This page was created on Jan 29, 2011 and was last updated on Oct 12, 2011
For training and consulting for local money systems see Value to People.
See also the Finance page.
Those who control the flow of value in our society control us. Please stop for five minutes and reflect on that...
Societies self-organize according to how people perceive the system of value production and exchange. We are driven primarily by our instinct of survival. We act according to our beliefs about the world we live in, according to what we perceive as being sources of value, and ways to get to them, either directly or through a series of exchanges. There are two very important levers of power, among others, the economy and the monetary system. Today, we are waking up to the fact that our modern society is in great danger, dangerously close to the threshold of its collapse, because too much power got concentrated in the hands of a very small number of individuals, through an exclusive control of our monetary systems. The one who controls the flow of value within society will eventually get in control of the most important means of production, which will lead to the erosion of democracy and to the destruction of that society. This is exactly the situation we find ourselves in. We need to find our way out.
Every time you buy something using the US$, the CAN$, the Euro etc, you are transferring a portion of it to the central bank who issued the money you are using. Money only come into existence through debt (they are I owe you-s). The very existence of the money you use for a transaction imply paying interest to the central bank that issued it. If you look at it closely, central banks are mostly parasitic entities. They print money and they get interest for as long as they exist in circulation. They say they manage risk... in fact they are making sure you are paying your "dues". Nothing stops them from printing more money to cover someone's default. The "federal" Reserve was NEVER audited in its entire history!
The central banks justify their existence by saying that they embody trust, so people use their coins and notes knowing that everyone else will accept them as tokens of value. They have a point, without diminishing their parasitic role and the fact that their primary goal is NOT the development of humanity but rather the control of humanity. In a society lacking effective means of communication and coordination a central authority is needed to insure the flow of value. But today, in the age of the Internet, centralized and closed/secret value flow systems are not necessary anymore. The trust needed to make value flow can now be distributed.
Alternative complementary currencies are pupping up everywhere across the globe. An increasing volume of value transactions is diverted away form the centralized banking systems. The power of central banks will diminish in proportion to the decrease of total volume of value transferred through them.
Regaining control of the flow of value in our society is crucial for the multitude constructive revolution!
The MetaCurrency Project from alan rosenblith on Vimeo.
MetaCurrency: Open Data from alan rosenblith on Vimeo.
MetaCurrency: Open Rules from alan rosenblith on Vimeo.