Tag Archives: cashless exchange

How Bad Will the Economy Get?

How Bad Will the Economy Get? This is the title of my article that was recently published on Alternet. It begins with the claim that:

Historically, every financial and economic crisis has been used to further centralize power and concentrate wealth. This one is no different, and in fact the moves being promoted by the Obama administration and the central banks of the Western powers will take the whole world to the pinnacle of financial despotism — unless enough people wake up and claim their own “money power.”

It continues with an outline of recent and historical developments that make the case, but concludes on a hopeful note with my brief description of existing cashless exchange mechanisms that are not dependent upon political money or banks. You can read the complete article here. - t.h.g.