Wednesday, September 19, 2012

Advantage 2 – No creation of money through debt

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

»Banks are more dangerous than standing armies.«
Thomas Jefferson
3rd President of the USA

We have already several times pointed out the devastating disadvantages that result from creating money through borrowing or debt. Alone the fact that debt is absolutely necessary to create money is already sick: humankind is split into creditors and debtors, often even before birth.

Nowhere in nature is there such a cynical system so contemptuous of life. On the contrary, debts are unknown to nature which practises a gift economy. When you consider that almost all our economic problems today are due to creating money through borrowing or debt, a monetary model that manages without creating money through borrowing is an imperative requirement for the survival of humankind. For nature knows very well how to deal with behaviour hostile to life: a species that continually behaves in a way hostile to life becomes extinct.

Elimination of disadvantages is frequently already a big advantage, as it is here, too. By doing away with incentives hostile to life we give behaviour friendly to life the necessary air to breathe. Healing can take place when we do not split humanity into two camps in a schizophrenic manner. Humans can act together again and direct their attention towards joint survival.

A species hostile to life then becomes one friendly to life that cooperates with nature. As such we will get the right and the chance to thrive in a sustainable manner. The new incentives friendly to life motivate us to consider the threefold good in all our decisions – the good of the individual, the good of the community and the good of the big scheme of things.

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