I know Paradox from the London party scene. He's a good chap :) Here is a great poem he wrote about money and banking... The Matrix … [Read more...]
Money
Here you will find links to all the great money resources on this site :) Basic Info: Money Today A Brief History of Money Money Books: Money Books More money books see also Money downloads Money Videos: Money as Debt The Matrix - A Poem by Paradox Zeitgeist Addendum Zeitgeist - The Movie: Federal Reserve The Money Masters New American Currency see also https://delicious.com/uniteddiversity/money+video Money Downloads: Money downloads More … [Read more...]
Money downloads
Linked from this page are a whole bunch of useful online documents and downloads related to money: Introductory reading Ecology of Money and Short Circuit by Richard Douthwaite Community Currency Guide (pdf) by Bernard Lietaer and Gwendolyn Hallsmith Interest and Inflation Free Money by Margrit Kennedy Extract of Money: Understanding and Creating Alternatives to Legal Tender (pdf) by Tom Greco Draft of Healthy Money Healthy Planet:Developing Sustainability through new Money Systems by … [Read more...]
A Brief History of Money
Contrary to popular belief, when banks make loans, they are not lending out money that people have deposited with them, but are instead creating completely new money, out of nothing. Absurd as this may seem, the fact is that 97% of our current money supply is created in this way - by private banks, out of nothing. What's more, in order to make a guaranteed profit, the banks create money out of nothing, lend it to us at interest, and then demand we pay back more money than exists! Collectively … [Read more...]
Money Today
I wrote this a while back on the old united diversity wiki as a simple (as in simplified) introduction to how money works today: How money works today. How money works today is completely ludicrous. It pits people against each other and guarantees that the rich get richer while the poor get poorer. To understand how, imagine there are only 2 friends and a bank, and that in order to buy food, pay their rent, and trade amongst themselves, the 2 friends need money that only the bank can … [Read more...]
More money books
A while back I posted Money Books, a collection of my favourite books all about money. Now, with the global economy struggling on all sides with economic collapse, climate change and peak oil very much beginning to kick in, I thought I share a few more good reads on the subject. Hopefully lots and lots of people will read these books and we can finally move away from Money as Debt madness towards a saner banking system. : [amtap book:isbn=0816649634] "A firsthand view of local currencies … [Read more...]
Google 10 to the power 100
I just submitted my application to Google's 10 to the power 100 project to identify projects which would impact on the greatest number of people (in the opinion of the web-oriented voters). Your idea's name (maximum 50 characters): At last, local money support for the web! Describe your idea in more depth. (maximum 300 words) Money is very poorly understood; how it creates scarcity from surplus, how banks create money practically ex nihilo, by lending it, and how they then reap interest on all … [Read more...]
Selling Local money
Perhaps you have heard of LETS, timebanks, or other community projects in which arbitrary currencies are created? Well, there is now a suite of modules to support communities trading in local money? … [Read more...]
Money Books
After our last Open Coin meeting George Walker took us into his office to continue chatting. He is a fascinating chap, check out his CV (.pdf). In the first OpenCoin meeting he said (in a strong Scottish accent): "I think there is going to be a global currency. I call it the Global. This will either be a top-down currency from the IMF and World Bank, like existing SDRs (Special Drawing Rights), or a bottom-up, grassroots initiative, like what you are doing, which is much more exciting" He … [Read more...]
Some of my favourite websites
United Diversity is all about creating new land, money and media systems. Here are some existing examples of the kind of projects we're talking … [Read more...]