Out of the limit of
the physical availability of gold and silver for the money supply,
using the Fractional Reserve Banking System, the Mankind has created
a lot of wealth the last decades and especially for 200 years !!
But why so much
inequality on Earth ?? Globalisation (in fact, a very recent process) has
created a so massive VERY LOW middle class on Earth..
Why still a lot of
poverty and workers without fair wages , like in ancient economies ??
only because of …
DEBT
Money is a social
relation, a guarantee …. Empires or big corporations could pay back
debts, not Nation States, especially when they adopt huge welfare
spendings.
We think that for
the Nation States, a monetary system based on the debt is not
sustainable …. and we understand the jump in a digital monetary
supply.
Instead to use debts
to create wealth for the well being, the Mankind has created wealth
for domination …..
The Human monetary
adventure is really a failure !!!
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