If we can create money from any
assets, it’s not necessary to create new debt. The current outstanding virtual “money debt” is disappearing and will continue to lose value….
, especially in the Western countries. If
the World is now a Global village, the real strength is from each individual, each
community. A tree is strong if its roots are strong. The motto could be “think
local, see global”.
Therefore, I believe there is a huge need for long term visions and common projects. Fractional reserve banking exists for centuries, but even the collapse of the roman empire was also related with monetary problems, because of the lack of precious metal. Money is a power, and power means “responsibility”. When you give credit for consumption or unsustainable production, creating money out of nothing, it’s a true lack of responsibility !!!!!! When you make money from money, you don’t even understand the nature of this tool !!!!!
Don’t forget this wise Native American quote :
“””When all the trees have been cut
down,
when all the animals have been
hunted,
when all the waters are polluted,
when all the air is unsafe to
breathe,
only then will you discover you
cannot eat money.”””
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