In this issue:
- The Tyranny that is the Global Money System
- The Final Chapter for Dollar Dominance
- From Wall Street to Main Street
- Col. Douglas Mac Gregor
- In case you missed it…
The Tyranny that is the Global Money System
My new video has emerged out of the power point slide presentations I gave earlier this summer. It is a greatly improved description of the tyrannical nature of the global political money regime, how it has evolved, how it operates, and how we can free ourselves from its grip. Based on my more than 40 years of research, experience, and innovation in the realm of value exchange and finance, it succinctly reveals the truth about the money power, and more importantly, outlines tried-and-true exchange mechanisms by which people, businesses, and communities everywhere can transcend their dependence upon political money and bank borrowing by taking control of their own credit and using it in ways that can bring about a world of peace, justice, and freedom in which everyone can thrive.
In The Final Chapter for Dollar Dominance and the Unipolar World Order I present my views about the longstanding hegemony by the US and its western allies, the collapsing world monetary order, and the emergence of new financial arrangements that will soon end the dollar domination that was put in place at Bretton Woods in 1944. Some details on what that might look like were described in this recent article, The Gold Standard Is Back: BRICS to Intro Gold-Backed Reserve Currency, but details have been scant and the world is anxiously waiting to see how serious the BRICS countries (Brazil, Russia, India, China, South Africa, and others) are about actually launching their own gold backed reserve currency, when it might be rolled out, and how it will be structured. The economic and political implications of such a move would be enormous. Be that as it may, a new global financial and economic order will soon emerge, one way or another.
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From Wall Street to Main Street
Besides the deployment of honest decentralized exchange media, which has been the primary focus of my work for many years, there is an urgent need for people to apply their financial and other resources to securing access to the necessities of life closer to home. As power and wealth become ever more centralized in the hands of national governments, mega-corporations, and the super elite class who control them, our freedom and independence, and honest democratic government become ever more constrained. If we-the-people are to turn the tide, it is imperative that we act to not only create our own sources of liquidity and payment, but to shift our investments from Wall Street to Main Street. As I have mentioned before, some excellent guidance and help is being provided by several people and groups that I am aware of:
- Michael Shuman is addressing the saving and investment problem through publication of his Main Street Journal which reports regularly on developments and opportunities for small investors to support the local small- and medium-sized businesses that are the backbone of every economy and the necessary foundation for a more equitable economic order. This report, It’s all happening in Nova Scotia, provides and inspiring example of how a Community Economic Development Investment Fund in Nova Scotia has for more than twenty years been doing that. And the latest issue features a fine article on How Community Companies Can Smash Monopolies.
- Jenny Kassan and her associates at The Kassan Group, are experts in mapping and navigating the legal landscape, and helping entrepreneurs and investors to find opportunities and avoid legal pitfalls. You can follow their blog and sign up to receive their informative and inspiring newsletter at their website.
- Cutting Edge Capital is another law firm whose avowed mission is to help “build an economy that works for everyone and provides opportunities for everyone to participate, thrive, and build wealth.” To do that they “design and implement community capital offerings, and help…clients raise capital from their own communities in alignment with their values and goals.
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Col. Douglas Mac Gregor is a decorated combat veteran, former advisor to the
Secretary of Defense, and the author of several books. His impressive background includes a PhD in international relations form the University of Virginia and many appearances as a defense analyst on Fox News, CNN, BBC, Sky News and public radio. He recently appeared for an interview by Tucker Carlson on Rumble where he laid out in great detail the cold hard facts about the Ukraine conflict, and the present state of affairs in the US, including our military.
I cannot emphasize too strongly the crucial importance of what he has to say.
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In case you missed it…
I want to remind you of these other articles and videos that I’ve posted this year.
A most evil weapon; a most heinous crime, Mike Boddington’s wrenching account of the impact of cluster bombs on innocent civilians, with my introduction.
How to Solve the Money Problem, in a Nutshell: What You Need to Know About Money, Currency, Credit, and Exchange.
I think I’ve been getting better at distilling down the money problem and its solutions to the essential points and principles that people need to understand, and this article is my best expression yet.
Exploring the Sustainability Challenge w/Thomas Greco: Alternative Currencies and Solar Dollars, my interview with Michael Ben-Eli of the Sustainability Lab has now been posted on YouTube. In our wide-ranging discussion we covered the essential nature of money, the flaws in the political money system and why it needs to be transcended, the requirements for an honest and sound system for exchanging value and what is being done to achieve it.
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With regard for the many things competing for your attention, I will leave it at that.
Wishing you peace, joy and fulfillment as you learn to cope with the challenges that lie ahead,
Thomas
Beyond Money 