Redirecting our savings is an essential complement to creating independent local liquidity through private community currencies and credit clearing networks. If you want to use your savings in ways that align with your values, Community Investing 101 is a great place to start.
Jenny Kassan is a longtime friend and associate who has been actively working for many years on the local investing aspect of the “new economy.” She is among the best informed and effective legal experts who have been leading the way toward relocalization and community empowerment. In this recent 8 minute video presentation she gives an overview of how everyday people and entrepreneurs can shift capital away from Wall Street and into local, mission-aligned businesses.
The video included below is deficient in several respects and its short duration limits both the scope and debth of its coverage in explaining the main concepts and proposals that form the substance of my most important work. Despite that, it provides a reasonably good first step for someone who wishes to learn how humanity can escape the debt trap, recurrent economic boom and bust cycles, and the treadmill of endless international conflict and war. It is possible to create systems of exchange that are democratic, honest, and interest-free that incentivize cooperation and peace.
For a more complete explanation listen to the audio that follows the video.
Money, War, and Peace, a comprehensive audio explanation:
This video report from Alex Krainer harmonizes with what I’ve been arguing for mamy years. The fragility and faults of the centralized global debt-money regime, combined with the imperial overreach of the US and western allies are bringing the matter to head. The climax toward collapse has been greatly accelerated by the latest attcks on Iran which has choked off a major portion of the worlds’ evergy supplies. All the signs point to a long drawn out conflict, not a quick settlement of hostilities and return to normality. This is serious’ get ready!
I recently viewed the video. Yanis Varoufakis: Iran War Collapses U.S. Neoliberal Economy, an interview by Glenn Diesen. Varoufakis does a very good job of exposing the fragility of the neoliberal economic model and its inability to withstand a major shock and says the US/Israel war against Iran could be the trigger that causes the entire economic system to collapse. That is something I’ve been warning about for a long time.
As my readers know, I’ve long since spotlighted the global debt- and usury-based fiat money regime as the corrupt and decaying pillar which supports not only our economy, but the entirety of western civilization, and I’ve propounded an honest interest-free and debt-free system for exchanging value that can operate alongside the present government fiat money system and ultimately replace it. The stakes at this point in time are very high as we are faced with the choice of, on the one hand, continuing along the path of ever-growing debt, concentration of wealth, centralization of power, loss of personal freedom, competition among nations for dominance and control, or on the other hand, shifting to a new paradigm based on humane values, mutual respect, cooperation and mutual assistance so that everyone might thrive in peace and harmony. An honest system of exchange that makes money obsolete is a necessary component of such a system.
I asked Copilot (AI) to summarize Varoufakis’ arguments and evidence regarding the brittleness of the neoliberal economic model, and the expected impact of a major shock, specifically the worsening oil shock associated with the war against Iran. I then asked it to compare that with the likely impact on the honest exchange system I’ve been proposing.
I then fed that “source,” along with several others into NotebookLM, and asked for a “video explainer” that describes in just a few minutes how the two system stack up against one another.
Here it is below:
Notebook limits the length of overview videos to 6 or 7 minutes, but overview audios can be much longer and more thorough so I’ve included that in this post as well:
Virtually everyone senses that there is something drastically wrong with the state of our world. Many rail against the governments, institutions, and people that they hold responsible for the various aspects they recognize as unfair, unsustainable, destructive, and utterly inhuman. But what are the root causes of this situation and what can we do to change it? This video overview provides answers that are based on a few seemingly unrelated sources which actually blend together to provide a clear picture and course of action.
I recently had a conversation with Copilot about designing an honest and effective exchange system that would circumvent the flawed and exploitative fiat money system. I began by saying, “The political money system is structurally flawed, and its eventual collapse is inevitable. That may occur slowly over time via inflation or suddenly with a declared devaluation; in either case the users of the currency suffer losses. Government debt is merely a measure of how much value has been taken from the people outside of the overt tax system. Let’s design an honest monetary system where issuance cannot outrun real output of goods and services.”
That conversation was built around my writings which were fed into Copilot and my responses to Copilot’s replies over several rounds. I then uploaded that entire conversation to Google’s NotebookLM and asked it to generate a video overview that puts it all into a concise non-mathematical description of what I’m aiming to build? The video it produced is truly awesome in explaining, in terms that virtually anyone can understand, how an honest and effective decentralized money system that is anchored to the real economy can be structured and how it operates.
This essay by Brett Scott clearly exposes the rat race we are all caught up in and its utter futility. Let’s all get off this treadmill, exit the matrix, and use whatever time and resources we have left to build a cooperative, convivial, and peaceful society. How? “Love thy neighbor as thyself.”
In the world of finance, a whale is an entity that has the power to move large amounts of capital or to exert an inordinate influence on markets. Among these are venture capital funds, central banks, and governments.
If you want to understand the essential nature of Bitcoin, the factors that drive its market price, and the implications of the current government plans to establish a Strategic Bitcoin Reserve fund, that article is a “must read.” The lessons you will learn extend far beyond Bitcoin and into the realm of global money, finance, and economics.
I will add that the expected government manipulation of the Bitcoin market by means of massive purchases is analogous to the massive purchases of US government bonds and notes by central banks, commercial banks, and others who still have faith in them despite their lack of any solid backing in the real world. Just as Bitcoin will never be “redeemed” for anything of real value, the massive accumulation of US government debt will never be repaid. That itself is a bubble that will eventually burst in spectacular fashion. God help us!
The first edition of my book, The End of Money and the Future of Civilization, was published by Chelsea Green Publishing in 2009. While it remains as relevant today as it was when first published the printed book has been out of print for several years. But, having had the rights reverted to me by my publisher, I am making the entire book available for free in PDF format. You can read it or download it HERE. If you would like a hard copy of the first edition used copies can still be found on Amazon.com, Abe books, Thrift books and elsewhere.
Better still, you can avail yourself of the new revised and expanded 2024 edition which I have been working on for almost two years and is almost complete. Eighteen chapters have already been posted and can be freely read or download HERE.
My previous books, as published, may be freely accessed in digital format by clicking the title below.
Redirecting our savings is an essential complement to creating independent local liquidity through private community currencies and credit clearing networks. If you want to use your savings in ways that align with your values, Community Investing 101 is a great … Continue reading →
Robert Pape, Professor of political scientist at the University of Chicago, understands international conflicts better than anyone I’ve yet encountered. In his recent post to his Substack, Why the Ceasefire Keeps Failing, he clearly describes that, in the present conflict … Continue reading →
The video included below is deficient in several respects and its short duration limits both the scope and debth of its coverage in explaining the main concepts and proposals that form the substance of my most important work. Despite that, … Continue reading →
Dear Dennis, I applaud your longstanding efforts on behalf of reason, peace, and monetary reform. But you must realize by now that reform is utterly impossible given the extreme centralization of monetary, financial, economic, and political power in the hands … Continue reading →
This video report from Alex Krainer harmonizes with what I’ve been arguing for mamy years. The fragility and faults of the centralized global debt-money regime, combined with the imperial overreach of the US and western allies are bringing the matter … Continue reading →
I recently viewed the video. Yanis Varoufakis: Iran War Collapses U.S. Neoliberal Economy, an interview by Glenn Diesen. Varoufakis does a very good job of exposing the fragility of the neoliberal economic model and its inability to withstand a major … Continue reading →
By Thomas H. Greco Jr. Professor Carroll Quigley was a historian and theorist who was renowned as a professor at the School of Foreign Service at Georgetown University, where he taught many famous and influential people including Nancy Pelosi and … Continue reading →
Virtually everyone senses that there is something drastically wrong with the state of our world. Many rail against the governments, institutions, and people that they hold responsible for the various aspects they recognize as unfair, unsustainable, destructive, and utterly inhuman. … Continue reading →
In 2013 I wrote an article that was published in the online academic journal, Internet Journal of Community Currency Research (IJCCR). That article, Taking Moneyless Exchange to Scale: Measuring and Maintaining the Health of a Credit Clearing System, was intended … Continue reading →
Upon the recent completion and publication of my new Chapter 20—Exchange, Finance, and the Store of Value, for the revised edition of my book, The End of Money and the Future of Civilization, I loaded it into NotebookLM and asked … Continue reading →
