all 8 comments

[–]Zapped 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 2 fun -  (1 child)

Fair Tax with pre-bates would be less manipulative.

[–]EddieC[S] 3 insightful - 1 fun3 insightful - 0 fun4 insightful - 1 fun -  (0 children)

In 1932, the people of Wörgl working together, proved the solution is easy and worked so well that the Austrian central bank had it shut down.
 
I did a little more digging to arrive at an even more fundamental thought:
Top-down fiat money is not natural - the idea is unthinkable and abhorrent in nature.
Money is our life force - that no one has the moral right to deny anyone else access to.
 

[–]IkeConn 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (1 child)

Make middle class whitey pay for it.

[–]Tom_Bombadil 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 2 fun -  (0 children)

The banksters are trying to make this into a racial issue.

Will you accept being divided and conquered?

[–]Tom_Bombadil 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (2 children)

"Critics counter that unrestrained money creation could fuel inflation over the long run as more dollars chase a static or growing supply of goods/services."

The current economic system is collapsing in real-time, and they're putting their fingers in the leaks in the dam. It's coming down and it cannot be stopped.

UBI is their plan to placate the pubic and minimize the pubic revolt.

The will be a global power vacuum when the dollar dies, and they are trying to reinforce their position.

The economic foundation of UBI is more flimsy than the fractional reserve system.

But they'll leverage it into persisting wealth for the wealthy, and subsistence for the serfs.

If we accept it.

[–]EddieC[S] 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (1 child)

But they'll leverage (UBI) into persisting wealth for the wealthy, and subsistence for the serfs.

If we accept it.

 
The people of Worgl proved that: working together, they - their self-validating currency - were the solution.
 

More fundamentally: Top-down fiat money itself is not natural - the idea is unthinkable and abhorrent in nature.
Money is our life force - that no one has the moral right to deny anyone else access to.

 
To paraphrase your sentence:
 
They leveraged fiat money into usurping wealth and power for the wealthy, and dependence and subservience by the serfs.
Yet, multiple generations have accepted it. Will the present and future generations continue accepting it?

 

[–]EddieC[S] 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (0 children)

u/Tom_Bombadil
 
"Sovereigns: Work for Self & Community, Sovereigns for All"
is a call for people:

  • to cast aside the serf-titude imposed upon them, and instead
  • to assert themselves as sovereigns and in doing so,
  • to commit to, and to gain access to what represents their sovereign status - a sovereign currency
     

Effectively:
Each person who embraces the community currency signs self up to be a fellow sovereign - reclaims one's own birthright.