in reply to the article<http://www.greenpeace.org/international/en/news/Blogs/makingwaves/deep-green-debt-human-rights-and-nature/blog/33343> when I notice that debt based monetary mass ( needs to ) expand exponentially and , often, wants to make a profit, I get concerned for our survival. Even in a situation where one would still want to play the game of the current monetary architecture, in the current scenario where more and more vital needs and resources are controlled by the monetary system through increased monetization of the economies of the world, and where the incomes of individual people do not expand as quickly, financial market needing to make profits can inflate prices for basic goods beyond the capacity for people to purchase them. Such inequality may be a strong contributing factor to recent revolutions in the Middle East and North Africa : http://www.truth-out.org/the-egyptian-tinderbox-how-banks-and-investors-are-... I created a "micro action" called *"implement laws to forbid financial speculation on food"* http://ifwerantheworld.com/we_would/3382 <http://ifwerantheworld.com/we_would/3382>I believe similar laws should be passed on the prices of housing, and other basic living necessities. On Thu, Feb 17, 2011 at 11:58 AM, M. Fioretti <[email protected]> wrote:
Nothing new, I believe, for regular readers of this list or the P2P blog, maybe even banal:
"These bankers are not proposing to loan their money to the world. Rather, they propose creating new money out of thin air... they loan the fabricated money, collect interest payments and demand the principal back in real money from the debtors. It’s a lucrative scheme if you’re on the inside. What bankers call ‘Credit’ the rest of world experiences as ‘Debt’ owed to the bankers... Alternatives exist"
what's interesting is _where_ this is written, a place a little more "mainstream" than those usually hosting these talks:
http://www.greenpeace.org/international/en/news/Blogs/makingwaves/deep-green...
Marco
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