Forum Post: Get rid of invisible currency
Posted 13 years ago on Oct. 18, 2011, 1:23 p.m. EST by yasminec001
(584)
This content is user submitted and not an official statement
let's get rid of the monetary system we have on earth and change it to a system of credits and debits that is COMPLETELY visible. all corporations, organizations, and individuals cannot hide behind money, and fixing our world wouldn't "cost too much" anymore (which is primitive, imo, that we can't let go of our greed to feed people). people would do good services and receive credit for it.
I think alot of problems would be solved just by throwing out our idea of money.
In Utopia all greed for money was entirely removed with the use of money. What a mass of troubles was then cut away! What a crop of crimes was then pulled up by the roots! Who does not know that fraud, theft, rapine, quarrels, disorders, brawls, seditions, murders, treasons, poisonings, which are avenged rather than restrained by daily executions, die out with the destruction of money? Who does not know that fear, anxiety, worries, toils, and sleepless nights will also perish at the same time as money? What is more, poverty, which alone money seemed to make poor, forthwith would itself dwindle and disappear if money were entirely done away with everywhere. — Saint Thomas More, Utopia, 1516
Read more: http://666ismoney.com/MoneyQuotes.html
Hear, hear! :)
ron paul's idea is to legalize competition in currency. let people choose currencies they want to exchange and transact business in. he believes ultimately no one will use federal reserve notes and this is when the fed will end.
In truth, we don't need "money" to make trade easier and we don't need "government" to tell us how to act, think, and what to do. If, as an individual, you cannot govern your own self and cannot do what is truly right by yourself and others, then we do need government. But I am very sure that the drudges of each society will continue to worsen if we do not treat them with decency and respect and not encourage them to be productive.
No, we don't need money. We're not that immature. We sincerely can throw away the coins and paper (we're killing our natural resources by doing this) and implement another system based off visible currency in terms of the services you have done as an individual and as a community.
Yeah we need gold and silver coins
I agree with you. Money is an absolutely important invention and has simplified financial transactions for a long time. But, like you stated, it is the corruption and misuse of money that has led us to our troubles today. Things have a value to it, which is fine, but I understand that our systems cannot work efficiently if the very thing it is based on is not efficient itself. We need to do away with invisibility install a new system (even if we keep the paper money).
However, just think about it. If people were given credits in return for doing a good deed or doing something productive as an individual or a community, don't you think that would prosper such a positive and financially sound environment?
Money is one of the greatest inventions of all time. It lubricates economic interactions among people. It is the corruption of the derivatives of money and the control of the creation of money that is the real culprit. It is all too easy for governments and people to fall into the something-for-nothing trap. See the Greece debt debacle - debt is a derivative of money. There is almost NO limit to how much debt anyone can produce but there IS a limit on how much REAL thing exists that can be bought by the issuing of debt. Complete transparency is impractical -- only the rich and powerful and intelligent ones will use the information to their advantage; much like what has happened in the U.S. Congress -- the more we disclose the easier it is for the wealthy people to identify where the levers are for pulling for maximal economic benefits for them.