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Society 2.0 – Entering a World Without Money Franz Hörmann. Money today comes into existence as the debt of private banks , bearing an interest !
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Money todaycomesintoexistenceasthedebtof private banks, bearing an interest! Whenbanksgrant a loan, themoneydidn‘texistbefore, it‘s not alreadyexistingmoneybeinglent, it‘smoneynewlycreating in theprocessofgrantingtheloan(creditmoney, fiat money) What‘swrongwithour Money?
In thebeginningpeopleusedcattleorsheepasmoney. Theylent a herdofcattle, e.g., andlaterreturneditincludingthenewlyborncalfs this was naturalinterest! What‘swrongwithour Money?
Banks onlycreatethemoneyoftheloan – neverthemoneytopayinterest! The moneyforinterestdoesn‘texist in the total moneyvolume – thisisthemainreasonfor „competition“ in our real economy, we must takeawaymoneyfromoneanothertopayinteresttothebanks, becausethebanksnevercreatedthemoneytopayinterest! What‘swrongwithour Money?
Ourmoneyhasnovalue – itisn‘tbackedbyanything, it‘s just debt! (Nogoldcoins!)It‘s just bitsandbytes in thecomputersofthebank. But still wetreatitasifitwerevaluable (banksdemandingcollateralbytheircustomers)! What‘swrongwithour Money?
Ifwecan‘trepaycapital + interestoftheloan – welooseourcollateral expropriation (foreclosure). … moneywithoutvalue, demandinginterestwhennomoneyforinteresthasbeencreated?? What‘swrongwithour Money?
Ourworthlessmoneyis a cricularargument: What‘swrongwithour Money?
The Credit-Circle: thewayhowoureconomyisrun Bank (A) Loan (100) A Bill (200) Bill (100) Bill (400) B C Bill (300) Loan (200) Loan (300) Bank (C) Bank (B)
DEMOCRACY STARTS WITH A DEMOCRATIC MONEY SYSTEM! HOW CAN WE FIX IT?
New definitionfor Money: • A ruletodistributegoodsandservicesamongpeople • 2 Problems: Production & Distribution • We must not mix them! HOW CAN WE FIX IT?
Anothernewdefinitionformoney: - Money istheuserinterfacebetween an individual andsociety. User interfacestodaycanbeindividuallyadjusted! HOW CAN WE FIX IT?
HOW CAN WE FIX IT? Frontend, Money System Money isthe User Interface between an Individual andthe Society Resources, Knowledge
FOR THE FREEDOM OF CHOICE OF OUR SOCIAL USER INTERFACE! LET‘S WORK TOGETHER – CHANGE THE GAME!