The issue is not money. The issue is and always will be about the allocation of scarce resources. Therefore you need a transaction system that transparently discloses the relationship between money and that which it was designed to represent, resources. In particular, elimination of all derivatives would be helpful. Prof. J.H.De Soto has a good first step strategy to move away from the current state with relatively simple steps.

In the end though, a resource based economy is the best option. Those models however need to be built from the ground up. New Cities are probably worth considering.

Love the new website.

We have all been brain washed to believe that only the banks are smart enough to create money responsibly. Any alternative that a nation creates its own money supply is treated with complete horror. In true reality, the banks create inflation and deflation on a regular scale. The world economies are constantly unstable because of it. The world is in a deep financial crisis now because of this very fact.

The real question we should really be asking ourselves is, why are we allowing an independent identity create our money supply when we
could do it ourselves. The system we have now is unsustainable and can only get worse.

Money, or the financial credit of an economy, should be an exact and scientific reflection of the actual goods and services, or real wealth, of an economy. If this is followed any independent nation of the world
can be free from the grips of debt.

I am glad that you are now looking on using Dividends as a
way to increase the money supply to the population as well. This was an
important factor missing until now. Those who do not know the importance of using the Dividend would benefit from reading this section below.

The reality is that there will never be full employment and why go there any way when we don’t need to? As time moves forward the need of people to work becomes less and less. This should be good! New technologies in all industries are reducing the number of people needed to work there. Machines are taken the jobs from people and the number of hours people work will be reduced.

Unfortunately, the way it works some industries are affected more than
others leaving skilled workers redundant no longer required. These people are thrown on the stock pile of the unemployed (also made much worse by the global financial crisis)

New machinery and technologies should be for the benefit of mankind. These advances should not be negative but positive allowing the population in general to work less and less. The problem here is that as fewer hours are worked,fewer hours are paid for. Do you see the problem? People are getting poorer as wages or jobs are lost. When the population’s wages are reduced their spending is also reduced.

As a consequence goods remain unsold in stores and shops. You know the rest, higher unemployment and higher levels of government assistance as people’s wages fall below certain levels. Lost tax
revenue and higher government costs to manage this spiraling problem means further government debt or higher taxes.

The real wealth in this world is in the land and what we
make of it such as farming, building and Industry. To distribute this wealth we need a medium of exchange. The role of money is to provide and easy medium to buy and sell things. This money must be produced in correct quantities without cost.

The production of modern times is vastly different from
early times. We have now leaped ahead with giant steps in mass production. We have massively increased our capacity to build, grow and manufacture things with an increasingly lower work force required. This progress is passed on from one generation to another and It is a heritage we should all benefit from. Unfortunately this is not the case.

Because production is no longer the result of labour only, it is a farce to believe that production can be distributed only through the reward of labour. It is the fruit of progress and not labour which is providing these great achievements. There for we must look at this in a different light. As new production methods expand, less labour is required resulting in a rising number of permanently unemployed people. It would also be true that working hours of the work force as a whole is reducing. If people only got paid by the hours they worked their wages would fall.

To recognize this progress as a national heritage for everyone, a dividend could be used to supplement these lost wages. This heritage should be shared and not lost in the hands of a few. A Dividend could
also be issued to the whole population when the money supply needs increasing.

Presently when a nation needs to increase its money supply, it will usually get this from the commercial banks as debt. The Central Bank will inject new money first (usually as debt to the nation) which commercial banks will then multiply through fractional reserve banking. The nature of lending this way means the country will always have a growing need for money to pay its debts, including compound interest.

With true Credit Creation running, the ability to create new money as credit to the nation is now possible. Money from now on is created on the basis of its real wealth. (This is a primary goal all nations should practice) The money supply should always be kept in check and inline with production of goods and services. A National Credit Office would be set up to ensure a correct money supply in the economy, by issuing or
withdrawing of money in accordance with the country’s production capacity and demand.

A national dividend to the population could also be used to expand the
money supply, very much like stimulus packages used lately to stimulate
economies. The richer the country is in real wealth the less taxes if would
require and the more buying power each person has in its currency.

Hope this makes sense.

Andrew Webb
(From Bleeding In Debt)

You say you are looking specifically, for people with
experience of the present – corrupt – financial system to help you “govern” this site. This means you are simply a part of the same problem that exists already since you think you can address this financial problem using THE SAME experience and mindset that created it in the first place – thus, you are more a distraction than solution. You are clearly, more interested in your own rule-making “power” than the actual problems at hand

You talk about “Human Resources” yet do not appreciate that your acceptance of, and casual use of this very phrase exemplifies the rottenness and base cruelty of the current system – and reflects the fact that you too, happily accept their notion that precious human beings may be regarded as nothing more than a “resource” commodity. Again, your happy use of this vile and disgusting term without conscious appreciation of what it actually infers, demonstrates that you are little more than a distraction – and a grotesque one at that

“Become a director of Positive Money

Positive Money is looking for new board members to join our board of directors who can make a significant and positive contribution to the governance of the organisation. In particular we’re looking for directors with at least 10 years experience in areas such as finance, management,
corporate governance and risk management, company
law, fundraising and HR.