Awakened Life

Our Financial and Monetary Systems does not work and needs to be replaced. Consider this radical statement by Jacque Fresco:

…Money is only important in a society when certain resources for survival must be rationed and the people accept money as an exchange medium for the scarce resources. Money is a social convention, an agreement if you will. It is neither a natural resource nor does it represent one. It is not necessary for survival unless we have been conditioned to accept it as such. 

In a word, Money is just like a Religion, one that is accepted by a majority, placing their faith in it and building a society around it becomes an object of worship and a means of control, enslavement and the undoing of many.

 Think about it, what can we say about our current Monetary System

1. Money is Debt, if there was no debt, there would not be any Money
2. You don’t control the value of your wealth, the Fed does and regardless of what you may think, the Federal Reserve Bank is not a Government Institution, it is privately held. This is what is posted on the Fed’s website “The Federal Reserve System is not “owned” by anyone and is not a private, profit-making institution. Instead, it is an independent entity within the government, having both public purposes and private aspects.” What does Private Aspects mean and who controls that? Read the answer posted on their site carefully, it reads like its a bank where the government gets to appoint folks to it, which means exactly nothing. The Fed does what it wants with or without the Government’s permission. Hmmm, what if DoD was like the Fed? Think about it.
3. Banks create Money out of thin air! no one else can create money out of thin air but Banks and the Fed
4. Our current system is the cause of “Boon/Bust” cycle, which is labeled as The Business cycle, with each financial crisis worse than the previous one. The belief that somehow the system will self correct and weed out the chaff if left alone is both false and dangerous. If this was true, then why bail out banks and corporations like AIG?
5. Our system creates social stratification and leaves a large part of humanity out in the cold. Have you wondered, where is your bail out?
6. Money creates a society driven to obtain it in order to survive and prosper most will do anything to include defrauding others to get there piece of the pie. Even home based and alternative businesses are based on obtaining money without the trappings and drudgery of an traditional Job. But, there purpose is to create wealth that is based on obtaining Money which is somehow a source to your financial freedom. Don’t Kid yourself, any freedom that is based on something external is a lie. Your wealth and everyone Else’s is based on a Monetary System is only a slave to it, Perhaps not a Wage Slave, but a slave none the less. It is what it is
7. Products and Services based on Money have built in Planned Obsolescence. When was the last time you brought a new car and did not have to take in for repair or service?

These are but a few examples of the major problems of our current Monetary system. What about the 780 Billion Dollar Stimulus Package? Don’t get me wrong I really love President Obama, he is a breath of fresh air but any stimulus or recovery plan devoid of a major overhaul or removal of the current system, will be temporary at best.

So what’s my idea? I think that a true Enlighten Democracy does not need a Monetary system at all, in fact I believe that a Resource-Based Economy  as laid out by Jacque Fresco is a holistic solution that address all of the problems we have with our current system, where all of humanity will benefit and no one gets left behind. What is a Resource-Based Economy you ask?

A Resource-Based Economy is a system in which all goods and services are available without the use of money, credits, barter or any other system of debt or servitude. All resources become the common heritage of all of the inhabitants, not just a select few. The premise upon which this system is based is that the Earth is abundant with plentiful resource; our practice of rationing resources through monetary methods is irrelevant and counter productive to our survival.

Jacque Fresco

The entire outline and explanation can be read here.

Also, below is a Video Section from the Documentary Zeitgeist Addendum that talks about what s Resource based economy, here Jacque Fresco is featured.

Peace and Love