Thursday, September 20, 2012

Advantage 1 – Creation of money through life

Excerpt from the book »Gradido – Natural Economy of Life«

»Anyone who does not appreciate life has not deserved it.«
– Leonardo da Vinci
Italian artist and universal genius

Creation of money through life is probably the most important property and at the same time the greatest benefit of the Natural Economy of Life. It is the fundamental difference to all other monetary and economic models. The Natural Economy of Life is so very much connected with life that even the creation of money itself takes place through life. From this main feature a whole range of other advantages derive and we will examine each of them individually in the following chapter.

One very practical aspect is that creation of money through life means that the money supply is always adequate, for money is created proportionally to the number of citizens. A small nation with only a small number of citizens logically needs less money than a big nation with a large number of citizens. The basic requirements are fairly distributed. What people do with them can differ from country to country.

How does creation of money through life work? Quite simply, a certain amount of money is created for every citizen each month according to an international agreement and credited to an account. From there it can be allocated to basic income, national income and the Equalisation and Environment Fund. The money is created without debts being incurred. 

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