Hundreds of community currencies are forming across the globe. Gaming currencies are jumping back into reality. Europeans communities are calling for the authority to print their own money arguing that the fractional reserve system is like trying to recover from a war by waging more war (a novel thought).
Many people doubt that the dollar has more than a decade or so of steam left as the interest on debts mythically exceeds the total amount of money on Earth. Yet banks march on, heading straight for the cliff.
Governments are polarized against themselves to solve any problem – except by reducing services to the people. Do the math: Interest on debt can approach infinity while austerity measures can only approach zero. You don’t need religion to predict that outcome.
But isn’t this why Governments exists in the first place – to provide social services? Are politicians suggesting their own elimination? Of course not, so they issue press releases and have tea parties worth about as much as the photons they are broadcast on.
Meanwhile, corporate media is trying to dominate (and subdue) social media….ultimately, the end game will flip. This short video invites the status quo to look at what people are “doing and saying with their productivity”.
(editor’s note: The language here is generalized to reflect trend not to endorse any system of finance)
Alternate Currencies Ending the Monopoly on Money