Tuesday, September 8, 2020

Taking the ticket on a national level

I received this comment from a reader that made me ponder the difference between economic systems and monetary systems.  Levi Operator comments:

What are example of non-usury, pre-usery economic systems that a) worked well and b) can be implemented on a proto-level right now?

While I see bitcoin and other cryptocurrencies as nonstarters in this current economy,  paper monies or cryptocurrencies are both viable options.  They do not need to be based in debt.  It is simply more profitable for the elite that way.  Monetary systems are only the method of exchanging value.  Economies that are based in usury are terrible, but even more terrible when your method of exchange is also rooted in usury.  

If your economy is created by the exchange of work from a people who genuinely work hard to create wealth, then the economy will work regardless of the nation's method of exchanged value.  However, if your economy is based on loose promises of people who provide only debt, then, regardless if you are on the gold standard or paper currency, that economy will eventually crumble.

Now take this one step further and you'll start to see where the US happens to be:  an economy based on loose promises of loan sharks AND a monetary system created from the federal government's debt to these loan sharks.  It's a dumpster fire and the firemen are trying to extinguish it with gasoline.

This does not mean that we cannot use our current US debt-money as a method of value exchange, but it does mean we need to make sure that we keep ourselves out of the debt game.  If a time comes where the nations indeed rule themselves again, make sure your nation and your people don't accept money created by usury.  Create payment processor systems based on your national currency whatever it is.  Build your economies with hard work and don't take the ticket offered by loan sharks.

Owe no man any thing, but to love one another: for he that loveth another hath fulfilled the law.

Romans 13:8



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