The Future of Money. Bernard Lietaer 2012 Time for Change Presents Part1

[Adriaan1950]

Please see:

LEAKED NEWS. 1: BERNANKE, TRICHET and IMF reform to NEGATIVE INTEREST MONEY.

[TheDr1484]

the idea behind the money system we have now,is mind blowing like is that reality??I think its bullshit,extracting resources,......to the top....its almost like the system is meant to eat the world....which we need to take care of...the system we have is adolesent,and hopefully transitional on to something better.meaning capitalism,...is like the childish state of thinking....of an entire group of people...

[VenusAsABoyFilms]

Good analogy of comparing money system to a broken car with no brakes. ;-)

[ourearthhome]

Lietear is good but unsaid is the issue of private ownership of land and natural resources the value of which is created 100% by the community of all people and not by individual "owners" whether individuals or corporations. All progress of any kind including all government expenditures has the economic effect of increasing land values. This means all income from land is unearned and should be heavily taxed which it is not. Solving the money question does not solve the land question. Serfdom.

[armantraboo]

im hungry someone bring me food 1369 perkiomen ave reading pa!!

[CosmicFork]

The money system that we have inherited, i.e. ~ the Bank-Debt Money System, which is the national currency system, for the system to function, the currency has to be scarce, and has to be maintained in scarcity. The job of The Central Banks is to create, and to maintain the scarcity of the currency. If they don't do this, the currency becomes valueless, and stops functioning. (Continued Below...)

[CosmicFork]

Now, of course what that means is that you have the whole ugly competition for the scarce resource that's there; we have the competition for the artificially scarce dollars, or euros, or whatever, National Bank- Debt Money. This is the paradigm we are living with, a total monopoly of Bank- Debt Money. That is the thing that nobody questions... it has to be a monopoly, and it has to be Bank-Debt Money. Why? A dual currency system would be much more beneficial to a larger number of people.

[riggasconi]

love it