Post Tagged with: "Money"

A police officer stands guard in front of the Reserve Bank of India (RBI) head office in Mumbai April 17, 2012. The Reserve Bank of India cut interest rates on Tuesday for the first time in three years by an unexpectedly sharp 50 basis points to give a boost to flagging economic growth but warned that there is limited scope for further rate cuts. REUTERS/Vivek Prakash (INDIA - Tags: BUSINESS)

1 Minute Read: The Role of Money in the Age of the Sixth Biodiversity Extinction and Global Warming

  The difference between debt and sovereign money is that debt has to be paid back, with interest, but sovereign money does not, though it can be taxed out of circulation by the local government if we have minted too much of it. 60 central banks got together recently to discuss the algorithms for creating and managing a sovereign electronic[Read More…]

by October 25, 2017 1 comment Counter Solutions
A Money System For The People – If We Want It

A Money System For The People – If We Want It

Money creation, like alchemy, is shrouded in ambiguous language and yields eternal wealth! For most of history these secrets have been used to empower sovereigns to spend money without the painful business of taxing or borrowing. Those foolish enough to try to grasp it with their rational minds are befuddled by unexpected politics, propaganda and paradoxes. In modern times this[Read More…]

by February 10, 2017 1 comment Counter Solutions