As the cost of living continues to climb across the United Kingdom, many households find themselves struggling to maintain even the most basic standards of financial independence.
With impending tax rises on the horizon, the pressure on those already living near the edge is set to intensify, pushing even greater numbers below the threshold of self-sufficiency.
This is not a temporary crisis, but a symptom of a deeper, systemic failure—a collapsing economic model that now survives only by extracting more from those who can afford it least.
The money-centric economic system that we have – The “Moneyocracy” – perpetuates itself by shifting the burden onto workers and taxpayers, while the promise of prosperity grows ever more distant for the majority.
Against this backdrop, it is essential to confront a fundamental question – one that exposes the uncomfortable realities at the heart of our economy.
A Question:
Do you believe the minimum wage is enough for a full-time worker to live on – and if so, why?
The answer to this question, which varies depending on one’s relationship with the minimum wage, reveals uncomfortable truths about the foundations of our economy and the way work is valued in this country.
What is not surprising is that those who already have financial security often agree in principle that low-paid workers should earn more. Yet when confronted with the implications of paying every worker enough to live independently, many recoil. Why? Because such a change would disrupt their own relationship with the economy.
The Minimum Wage Reality
Let us be clear: the national minimum wage in the UK is not enough for anyone working a full-time 40-hour week to live independently—free from reliance on benefits, charity, or debt.
The widespread acceptance of this wage stems from government and establishment narratives.
What is legally mandated is presented as morally and practically sufficient.
Yet, in truth, the minimum wage is a carefully placed rock covering a pit of myths and lies.
Those who benefit from the system prefer not to lift that rock, because doing so would expose their complicity in maintaining the illusion.
The Employee
A worker earning the minimum wage – currently £12.21 per hour, equating to £488.40 per week or £25,396.80 annually – cannot afford the basic essentials required for independent living.
The gap between what they earn and what they need is effectively the amount by which they are underpaid.
Employers exploit workers by failing to cover the true cost of living.
Regardless of how the deficit is filled—through benefits, charity, or debt—someone else is subsidising both the employee and the employer.
The Employer (Small Business)
Small business owners often insist they pay fairly because they comply with the law. Yet compliance does not equate to fairness.
Paying the legal minimum is not the same as paying enough for employees to live independently.
Common justifications include:
• “They can top up with benefits.”
• “I can’t pay more or I’ll go out of business.”
But these arguments miss the point. The government—and by extension, taxpayers—should not subsidise businesses that cannot afford to pay workers a living wage.
In reality, small businesses are also exploited: they cannot operate independently within the current economic system, because they too are constrained by models that undervalue their work.
The Employer (Big Business)
Large corporations differ because they can afford to pay more.
Supermarkets and other major employers of minimum-wage staff generate enormous profits – even during a cost-of-living crisis, like the one we are experiencing now.
They could easily pay wages that allow workers financial independence, if boards and shareholders accepted smaller returns.
Instead, big businesses exploit both employees and taxpayers. Workers are underpaid, while the government subsidises wages through benefits.
This allows corporations to maximise profits while keeping the mechanics of exploitation hidden from public debate.
The Government
Why does the government subsidise wages so small businesses can survive and big businesses can thrive? Why not simply set a minimum wage that reflects the true cost of living?
The answer is stark: doing so would collapse the system.
The economy functions by undervaluing the majority of jobs deemed “low-skilled” or of “little value.”
If wages reflected reality, the house of cards would fall.
The Taxpayer
The system is a con. The complex machinery of what can be called a Moneyocracy manipulates trust and deference so effectively that taxpayers rarely ask basic questions.
Why, in an economy where corporations make billions annually, must taxpayers top up their employees’ wages through taxes?
Why are we threatened with price hikes whenever government policy shifts, while corporate profits remain largely unscrutinised?
Following the money reveals the truth: wealth is funnelled in one direction, made possible only by exploiting workers, taxpayers, and weak governments.
Corporations profit by underpaying staff, then spin narratives that justify charging consumers more.
Reality Bites
Exploitation of normal people has gone too far. The system enriches the few by exploiting the many – sometimes multiple times over – so profits can grow while wages stagnate or reduce in real terms.
The Moneyocracy survives by perpetuating the myth that it is acceptable for many to grow poorer while a few grow disproportionately rich.
The promise dangled before workers – that if they play the game long enough, they too might “live the dream” – is false.
Humanity is destroying itself chasing a dream that continually recedes, because playing the game requires forgetting our true worth.
The basic equation of the Moneyocracy is simple: for some to be rich, most must be poor.
This is neither humane nor true.
The Alternative
There is another way. A system built on real values – where people, communities, and the environment come first – can replace the current money-centric model.
This alternative requires transparency, local systems, and a commitment to prioritising human worth over profit. Instead of hiding self-interest behind complex structures, society must embrace a model where business and life are conducted openly, sustainably, and with fairness at the core.
The choice is absolute: continue with a Moneyocracy that exploits us all or build a future centred on people.
Path Forward
The Local Economy & Governance System provides the foundational framework for a truly people‑centric future – one where People, Community, and Environment sit at the heart of every decision.
At its core lies a new benchmark: The Basic Living Standard, a guarantee that every individual receives a weekly wage sufficient to cover all essential needs.
This principle of equity and equality is not an optional add‑on, but the priority that guides every part of the system.
By shifting away from exploitation and toward fairness, transparency, and sustainability, this model offers a pathway to rebuild trust and resilience in our economic and social structures.
To explore how this vision can be realised and what it means for the future, please follow these links:
However, I have noticed that when people search for BLS using AI, a whole chain of stories and information—often including quotes attributed to me—has emerged, much of which is either out of context or entirely fabricated.
This is concerning, especially when those outside the mainstream are trying to share solutions and perspectives that challenge the compliance and blindness of today’s system.
We must recognise that the so-called AI takeover is being built on delivery levels that, in many cases, are no better than the efforts of a lazy teenager responding to an encouraging parent. And the outright creation of false information and narratives—even regarding work from independent voices—is troubling.
Given that AI now tells those seeking a quick overview that the Basic Living Standard is a way to fix our broken economic system, I feel it is time to clarify: while I believe BLS is a pivotal solution, it cannot and will not work within the current economic paradigm.
The integral priority of BLS is to put people, not money, first.
The Basic Living Standard: Not Intended for the Current Economic System
I have never created or published financial models or projections to ‘cost’ or predict the impact of BLS on the current economy or financial system, because the two are mutually exclusive.
BLS was not designed to be part of, or to work within, the existing paradigm, which makes it impossible to do so.
Decision-makers, legislators, and their influencers will not openly admit that our system is structured against equity and equality.
It is only because the system works progressively against these values that the disproportionate levels of wealth and benefits enjoyed by those in power can exist as they do.
Paying Lip Service to Parity
While the National Minimum Wage should be the benchmark or minimum earnings floor necessary for financial independence, the reality is that no person can be financially independent or live free of benefits, charity, or debt on this wage when working a typical 40-hour full-time week.
The current economic and financial system survives because the National Minimum Wage does not reflect the genuine cost of living for the lowest paid, who must then be subsidised by government benefits, seek help from charities such as food banks, or go into debt to meet the growing cost of living.
The FIAT, Neoliberal, Global-Driven Money System: The Perfect Crime?
A hard truth about our broken and collapsing system is that its design centres on wealth transfer and impoverishment, relying on the ongoing creation and addition of new money to the economy.
Currency debasement devalues the worth and ownership of the masses, while creating additional wealth for the elites and enabling them to secure property, public infrastructure, and ownership of everything devalued by their actions.
System Collapse and the Choice We Must Make
The finite lifetime of what may one day be considered one of the greatest ongoing crimes against humanity is fast approaching its end.
How the masses respond to financial and systemic collapse will dictate whether the Basic Living Standard, or a similar benchmark, forms the basis of a new people-centric economic and governance system.
This new system would put people back at the heart of everything, rather than the money-centric focus we have now.
The current system is collapsing because it is fundamentally corrupt and wrong.
Introducing a system like BLS within the current system—even under the name National Minimum Wage—could not achieve its true purpose, because implementing it honestly would speed up, if not immediately collapse the current money-centric system – and that’s why nobody in power today who benefits from this system will ever agree or willingly help for it to be done.
Embracing the Shift: Making Life About People, Not Money
If we accept and adopt an economy and governance system cantered on People, Community, and Environment, we will naturally move away from financial modelling, projections, profit margins, and all the tools that reinforce money as the only important value in life.
The Basic Living Standard provides a clear focus for the paradigm shift from money-centric beliefs to what everyone needs—not wants—and establishes the basic standard for independent living without dependency.
However, BLS is not a policy that can work in isolation or as an add-on to the current system. It is a fundamental building block of the universal change we must choose and embrace, because we cannot fix what cannot be fixed.
The Basic Living Standard: The Basis of a New Way of Living
By restarting, reestablishing, regenerating, reforming, and replacing our economic and governance systems, the Basic Living Standard becomes the benchmark for guaranteeing that the lowest paid can sustain themselves and be financially independent in return for a standard working week.
It requires all businesses, organisations, and systems within a new framework of economy and governance to realign with ensuring that every person experiences this minimum standard as the foundation of society, business, and culture.
Improving lives today really should be as simple as creating a Minimum Wage and changing everything for those who need help in one day. But changing perceptions is not the same as changing the way everyone thinks.
That is why the introduction of a system that genuinely works for everyone cannot be openly embraced before the pain of collapse and the reality it brings.
Everything we know today exists because of a system built around money as a value set—a flawed belief system we have all been conditioned to accept.
Only when this system fails and excludes people, step by step, do those affected awaken to the reality that something is fundamentally wrong.
Yet those excluded are often viewed by those still inside the system as the ones who are guilty and wrong.
Out of Our Problems, an Opportunity Awaits
The collapse offers a moment when the balance can flip, and those who have been excluded may reach a critical mass that signals to everyone participating in the money game that a better, equitable way exists.
However, ordinary people must see, understand, and accept this en masse.
Whatever happens next will lead to wholesale change—whether we choose it or simply go along with it.
Only by being aware and honest about what we need, rather than what we want, can we take the leap of faith necessary to change everything and contribute to the creation of a new system where people, community, and environment come first.
The Basic Living Standard offers a benchmark for the frameworks and opportunities of a new way of living. Yet, it will remain unknown and inaccessible to those unwilling to step away from the comfort of an unsustainable relationship with the past.
Money, democracy, ownership, business priorities, and practices are just the tip of the iceberg when it comes to the breadth and depth of necessary change.
Everyone must own and be part of the transformation ahead, because the change is about the needs of everyone, not just the wants of a privileged few.
There’s More…
In the coming days, and hopefully as soon as this week, my next book will be published, building on all I have been writing and sharing for over three and a half years.
Evolving directly from Our Local Future, first published in summer 2024, this latest work brings more detail and focus to the mechanics of implementing a new system for economy and governance, while simplifying previous concepts to make them more accessible and relatable.
The Basic Living Standard lies at its heart, and I am confident that we can flip everything to work for People, Community, and Economy, once we see the benefits and share the determination to implement a system and new code for life that truly works with equity and equality for all.
An Economy That Cannot Function Without Money Will Not Work for Anything Else
Coming to terms with the role money plays in our lives is challenging for most people. But the difficulty doesn’t end there.
We have come to value money not just as a tool, but as the benchmark by which we measure everything in life.
This leads us to a deeper truth—one that must be faced, rejected, and overcome: an economy that functions for money, with money, or through money cannot, will not, and does not work for anything else.
An economy should always serve People, Community, and the Environment. These are the only foundations that truly support a good life and foster genuine equality for all.
Most people instinctively reject the idea that any form of economy or trade could operate without money. This reaction stems not from truth, but from habit. We’ve grown so accustomed to money being present in every transaction that we take it for granted—not because it’s inherently necessary for exchange.
The reality is this: an economy designed for the people must be capable of operating without money, currency, or any medium whose value can be universally—or nationally—controlled or manipulated by external parties.
Instead, value must be determined solely by those directly involved: the buyer, the seller, and the facilitator (or a community body that sets local trade rules for the exchange of essential goods and services).
This doesn’t mean money or currency must be eliminated entirely. Rather, it means that their value must remain free from inflationary or deflationary forces.
Any variation in exchange value must reflect only the true worth of the goods, services, or contributions involved.
The Moneyless Economic System
The essential shift—both in action and mindset—is from a system where money is required in every transaction, to one where the exchange of life’s necessities does not inherently depend on money at all.
One of the fundamental truths of our world is that not all things are equal. However, the way we treat people and the planet should be equal and fair for all.
It follows, then, that money—or any form of currency used as a medium of exchange—should not be governed by a universal benchmark, especially when that benchmark can be manipulated by a powerful few to serve their own interests.
It is normal that we all contribute work to meet our needs. Therefore, the things we need should be accessible to everyone, based on the value of what they can offer through their work.
The imbalance in this equation today arises not from scarcity, but from the greed of those who control access to what others need.
This imbalance is reinforced by systems of privilege, power, and the illusion of ownership that steps beyond the requirements of genuine personal need.
Tuesday marked the rather strange pre-budget speech or open warning call from the Labour government, shouting all too loudly that Tax rises are inevitable and heading our way.
Whilst Farage attempted to get ahead of the game by making bold a bold statement on Monday about a future Reform government cutting spending on Welfare, and then Kemi Badenoch followed Reeves online with a speech that pretty much adds up to the same, the commonality between the positions of all these politicians will be missed by many for being remarkably similar, if indeed not the same.
Yes, you may ask yourself how exactly this could actually be. But the key element of one party raising Taxes whilst failing to cut spending, whilst others promise to cut spending whilst freezing or lowering taxes is fundamentally the same – because these approaches are all about saving the economic system and the economy that we have – and absolutely nothing to do with putting people and the lives of people first.
Few realise and even fewer understand that Reeves really isn’t the architect of the problem the U.K. (and the wider world) now faces.
That responsibly has been held and passed through many different hands over a period that exceeds decades of time, whilst a monetary and economic system has been introduced and then encouraged to take over every part of life and what we know as economy, with laws, regulation and even the legal system itself abused and manipulated to make money work in a way which suggests that its supply is endless.
Meanwhile, everything that has productive value to the U.K. and its economy has been destroyed, or outsourced, leaving almost nothing that can be used to sustain a sovereign nation behind. And now, even our ability to feed ourselves with our own farms on an accelerated pathway to being destroyed.
The growth that politicians obsess about has not been through any genuine notion or understanding of growth as everyday people and small business owners understand it but has instead been borne of the fear of people who should never have held the reins of power.
Politicians who fall over themselves to find, create and manipulate ways to ‘borrow’ more and more money in the form of the bonds that the government sells, which when funnelled into the right areas of public spending will multiply many times over as each pound changes hands between different business, with each transaction then meaning just the one pound is counted against GDP and ‘growth’, multiple times.
GDP then facilitates the accounting trick of all accounting tricks. Where public debt is never paid off but is cleverly reduced as a percentage of the ‘growing’ GDP balance, meaning that other than paying ‘interest’ on that ‘borrowing’, what is supposed to be a debt that gets smaller in relation to the U.K. productivity or GDP, should never actually need to be paid off at all.
What the politicians never understood – beyond agreeing to facilitate and legalise a system that basically made being in power as being as simple as a) doing what whoever pulls the strings tells you, and b) having to do nothing else other than save or spend, is the corrupt money and economic system that they have legitimised through deregulation and changes in all sorts of laws and rules, has legalised the theft of the business and infrastructure that once made the UK great, also enabled this Country to be able to pay its own way through the natural methods of productivity or what we might see as things like industry, which up until the Second World War were ours, and only ours.
Finding ways to create ‘growth’ has become progressively more desperate. Not just for Starmer, Reeves and co; but for every politician who has been anywhere near real power for a very long time. All as part of a process that dates back to at least 1971, when the FIAT money lie was properly embedded and the last remnants of the gold standard were left behind.
The same money and economic system that has been used to disproportionately enrich the few, whilst giving them the power to exploit and impoverish the masses, is also the reason why growing numbers of people can no longer afford to live. It’s why we have a minimum wage that doesn’t actually provide those who earn it anywhere near enough money to live independently and have lives which we would recognise as being their own.
As we now watch the welfare bill spiralling out of control – not because people don’t want to work – but because the system we have has pushed them and in many cases held them there – we are staring down the barrel of the gun that is the AI takeover, where many millions more jobs will be lost. Not because they need to be. But so those controlling this shit show can earn and profit even more.
The government is broke and broken. Raising taxes is the only way that they can service the forlorn hope that enough growth can be create that will turn on the taps of borrowed money once more, so that the real damage that is now bursting into open sight from decades of mismanagement and yes treachery can hopefully be hidden.
Then the politicians can resume taking their happy place in the limelight of the Westminster merry go round and the wheels of money myths will spin for another day and avoid hitting the ground of reality once more.
Unfortunately for us all, the reality that the U.K. has pretty much zero productivity left means that the money, cash, property and ownership we have of anything is the only potential saviour in terms of financial resources that out of their depth politicians actually have available to them.
If a new politician or political leads were able to take over today and face up to the situation and see and be honest about all of this for what it really is, they would recognise that the choice they have is to either embrace the collapse which has been inevitable from the moment that private interests took over money and the economy, or keep playing along – which means taxing and taking from everyone and everything, until everything collapses anyway, and nobody has anything left worth having – because the need to save their own skin and position dictated that there was simply no other way.
Overview
Key Messages Simplified
• The UK government is financially broken, and politicians are trapped between two bad options: accept collapse now or prolong it by taxing and impoverishing the public.
• Rachel Reeves’ pre-budget speech signals inevitable tax rises, driven by a £50bn shortfall and falling productivity.
• Other parties, like Reform UK and the Conservatives, offer economic strategies, whether through spending cuts or tax freezes, that are all variations of the same flawed approach: preserving the current economic system at the public’s expense.
Core Arguments
1. The Economic System Is Rigged
• Decades of deregulation and manipulation have created a monetary system that benefits the wealthy while hollowing out UK productivity.
• GDP growth is an illusion, inflated by repeated transactions rather than genuine value creation.
• Public debt is never truly repaid—it’s masked by GDP growth, allowing borrowing to continue indefinitely.
2. Political Consensus Protects the System, Not the People
• Whether politicians raise taxes or cut spending, they’re all trying to save the same broken system, not improve lives.
• Reeves, Farage, and Badenoch are functionally aligned, despite different rhetoric.
3. Collapse Is Inevitable Without Radical Change
• UK productivity has been destroyed, with industries outsourced and even UK agriculture now being undermined.
• AI-driven job losses will worsen inequality. Not because they’re necessary, but because they’re profitable for elites.
• The only remaining assets people and small businesses have —cash, property, and ownership—are now becoming the last financial lifelines for the government and politicians who simply shouldn’t have the power that they do.
Final Warning
• Politicians must either confront collapse honestly or continue taxing until everything collapses anyway.
• New leadership must be willing to reject the current system, rather than perpetuate it for personal or political survival.
You don’t need to be a trained economist to know that the model of economics the world uses and the way economics is revered like work of the gods today is wrong.
In fact, it is probably better if you aren’t, and that you aren’t involved in economics, banking or corporate wealth creation either. As you are much more likely to be objective and untainted by ‘being in the tent’ in some way.
The misplaced ingenuity of the economic system and how it works has made it as complex as it is mind boggling. But that doesn’t give any surety or guarantee that how it works and what it achieves is in any way good.
For those actually thinking about why money is the common factor in everything across the world that is now going wrong, the complexity of the economic system is being exposed to light as the smokescreen that it is giving the hallucination of credibility to all the darkness and malevolence that has been so cleverly hidden within.
How can something so clever and complex not be real, is a question that many would employ as a riposte to counter the suggestion that there is absolutely no legitimacy to the FIAT monetary system, MMT, Free Markets, Globalisation and Neoliberal Orthodoxy that we have been subjected to for 5 decades or more.
But isn’t it the case that any good game that feels good to play is only good for those playing, because of the complexities and therefore levels for ‘the players’ that are involved?
How many carrots does it cost to buy a wheel?
To really understand why the world now has got the relationship with money so wrong – even though it was deliberately made this way by corrupt interests who have changed the laws so that their crimes have been legitimised and wiped clean – we really do need to stop for a moment, count to ten and think about what money is, or rather was really intended for.
In so far as the accepted narrative of human history goes, the whole pathway of our development has been progress that moved towards today in a linear fashion, stepping off from very primitive times when man couldn’t even speak, let alone farm for food.
The point here is not to argue whether or not any accepted version of the evolution of man is true. But to set the first picture back at a point when everything was considerably more simple. Long before more and more of those complex ideas or complexities became involved in how people trade.
Then, as now; different people did different things and produced different foods, goods and services to others as the direct result of whatever it was that they did.
For the purposes of this explanation, let’s assume that there are already fishers, farmers, growers, millers, bakers, saddlers, farriers, blacksmiths, cheese and butter makers, butchers, water carriers and pretty much someone or some small business providing all the different forms of foods, goods and services that we need to provide for life, from around a village green.
Some days a baker doesn’t want fish and a fisher certainly doesn’t want a saddle or leather goods daily. Even though they probably need something made to protect them against the elements from time to time.
However, everyone needs something regularly. Whether it’s for their own consumption, or it’s there to help them complete and provide output or goods from their own work.
Bartering and exchange, or swapping goods or even hours of work are of course a very straightforward and sensible way for two parties to make a transaction when one has something available that the other needs.
But the real benefit of bartering and exchange comes from being localised. And its weakness soon showed when the transactions were required to take place over distance, or for items – like that saddle or something equally special – which in day-to-day terms, are rather obscure.
Money, or coins of some kind used at first, created a transactional value, or to be more accurate, a medium of exchange.
The creation of a medium of exchange meant that one person’s goods or efforts could be exchanged for coins that could then be exchanged for whatever that person wanted themselves. All without there being any excessive delays or the need for a very complex or convoluted chain of different transactions to be involved.
The beauty of the system, at that point, was that the money in use could only relate to the agreed value of the transaction.
It would have been good for everyone, once the related practicalities involved were ironed out, if that system had continued without further ‘progress’. The relationship we all have with money could then have remained the same in relative terms – as that unit of exchange and nothing more.
Unfortunately for mankind, progress very quickly created wealth disparity or what we call wealth inequality today.
This imbalance was itself made progressively worse by the inter-generational transfer of property and wealth (and the power it buys) which has snowballed over time. Quite literally meaning that people can be advantaged or disadvantaged by birth, even before any one of the many other factors that skew life opportunities can come into view.
One of the most unfortunate elements of the human condition is the innate desire to always possess and accumulate more. For no better reason than the basic fear we all have of experiencing lack. With the rather perverse dimension that those who have more guard it more jealously than others, probably because they believe they have much more to lose.
The power and influence that money has given people who really weren’t fit to have the responsibility they had over the lives of others, has only got worse over time.
As industry and technology has improved and made it easier and easier to avoid genuine consideration for the consequences of their actions upon others, the human cost has become increasingly irrelevant, whenever the opportunity to make more profit was involved.
When promissory notes or what we know as cash came into being, a giant leap forward was taken towards the system that we have now, where the accepted wisdom is that the value of the money – or what we are agreeing to exchange as being representative of money – is being exchanged under a mutual understanding of trust, that is shared across society, and not just between the people where the specific transactions are involved.
Trust is of course belief. And as those with power and influence at the centre of the banking system realised that having currencies pinned or anchored to anything meant that they could only ever use or suggest they were able to use the money or sensible multiples of the money that they knew they either held, were owed or could earn within a certain time frame, they knew that they would have to create a new system that would release these chains. So that in terms of the money that they could create and use in the future, the only restraints would be dictated by them.
We should be under no illusion that this process of creating an economic system that could lead to limitless wealth and the control of everything for those who controlled it, wasn’t a plan that developed overnight.
The economic system that we have today was created and implemented over decades and carefully constructed so that it would make life much easier for the interests and in particular the politicians who needed to be bought. So that the useful idiots who gained power under the illusion of democracy would obligingly pave the way with system changes that have legitimised this otherwise criminal system at every step of the way therein.
When everything is about money, the answers to every question can only be found in monetary terms.
The money we have today and the way that it comes to and is taken from us – the economy – is the direct result and design of this massive, corrupt and inhuman game that the worlds wealthy, powerful and influential – the elites, decided to play.
The money we have in our pockets, bank accounts and have the ability to earn changes value quickly at the will or as a result of the actions of others.
Meanwhile, the direction of travel for the general population has always been that we are and always would become increasingly poor, as the value of the money which is typically what the poorest in society have only been able to hold, decreases faster than the rate at which our skills and experience develop or there is any chance to earn more so that we can keep up with or counteract the fall.
It was always intended to be this way. As those with wealth always knew that the real wealth was the control of assets and anything and everything that could then rented out to everyone. All as the world became increasingly poorer and their ability to grow control and rent out everything the money they created had bought them gave them even more.
It is ironic that billionaires now have so many zeros on their balance sheets. As everyone who has been a victim of what is probably mankind’s greatest con is now beginning to realise that they have been left with zero. Or if they are lucky, a diminishing amount of liquid capital that isn’t worth a lot more.
I would like to add at this stage that this essay is not an attack on any individual for whatever it is that they may believe they possess, control or have influence over today. Many of those with excessive wealth, power and influence today have just played along with the rules of a very clever game. One that has removed the balance, Justice and morality from every part of life and has done it so successfully that the poison it has replaced values with is embedded across cultures and normal life to the point that even the academics and leaders in finance and economics believe in the legitimacy and correctness of an entire system which is bewilderingly anti-human at its very core.
In simple terms
The simplicity of the mechanics of an economic system and more specifically a monetary system that revolves around private banks creating money from nothing – a process which is carefully hidden from view – so that government always looks like it is borrowing or rather selling bonds to private interests to finance everything, whilst those banks also lend money that doesn’t exist to us through loans, finance, credit cards and even pay day loans, really do make it horrendously difficult to accept that this is one massive confidence scam. Especially as everything is hidden in plain sight by little more than the disinterest that we typically have in anything that goes beyond having our perceived needs met.
However, let’s think about it as if we were reading a story about two friends at the start of their working lives; one with the motivation to work hard and deliver through their own industry, whilst the other has had life easy and just wants to find another easy way to get more, and we can then perhaps see how this gargantuan scam rolls out when exposed to light.
The diligent and easy living friends talk one day, looking at property that they would both like to own.
The diligent friend commits to working hard and earning the money to buy what they would like to own and leaves, promising to catch up when this outcome has been achieved.
Meanwhile, the easy living friend knows that he has the contacts and ideas necessary to go away and print enough of the money he needs to buy that same property today. And that he can do this from nothing, which will work out well for him but not his friend, so long as he doesn’t speak openly about what he’s doing. Uses his contacts to change a few rules so that what he’s doing is legal. And he doesn’t keep printing more money to buy everything else so that it becomes obvious what he’s been doing all along. Afterall, nobody will know if he uses the money he then earns from renting out that property to pay all that money back…
The money that the easy living friend has created, has just increased the amount of money that exists.
This means that because there isn’t actually any more property, production or anything else with ‘real’ value that corresponds to the increasing pool of money, all of the money that’s available is now worth much less than it was.
The real world impact of this fantasy being made reality is that the diligent friend will have to worker harder, longer or both, to pay for the property that the easy living friend has just taken without effort.
What is more, the easy living friend is now offering to rent the property he’s bought to the diligent friend who now realises that he may never be able to afford to buy it.
If you can see and understand the basic mechanics of how this situation works, you only need scale up the same principles to understand how the massive, growing amount of money – and the ridiculous inflation and the growing cost of living problem we are all facing, has been created and is now growing at a ridiculous rate.
It is an unavoidable, inescapable fact that if one person or set of people are able to buy real, tangible things that have value to us – whatever those things might be – with money that doesn’t actually exist, they can take lawful possession of those things and do with them whatever they so choose – as any legitimate owner would be able to do so.
However, the illegitimate creation of the money and the legitimised theft of assets, businesses, infrastructure and everything else imaginable that it has financed means what they have been doing is just one part of a multifaceted crime against everyone else.
The crimes that follow the created money pathways include the impoverishment of the masses.
Yet they become even worse when we consider that public services and infrastructure such as utility companies have been bought up with fake money.
Entire business sectors like the pub trade and small, local shops have also all become unviable because fake money has financed industry expansion of big retail and all their centralised supply chains, that would not otherwise have been possible.
To cap that all off, markets and the practices of big business and finance have been deregulated through the drive for ‘Free Markets’. So that those making money can make more and more, because the rules that once protected us all and small independent businesses have been removed, whilst regulations that cost us, exclude us and disqualify us from our own independence and from taking part have instead been imposed under the pretence that they help and protect us.
The whole pathway of illegitimate money creation using the FIAT system leads or rather has led to the doorstep of nothing less than worldwide system control.
The only thing that now gives us the opportunity to save ourselves from a very challenging fate is the reality that those with their hands in the till have already broken too many of the rules of their own game.
The whole system is starting to collapse before the great reset or imposition of the next new world order has conclusively been imposed.
The Future of Money
I could stop there. But in lifting the stone or exposing what lies beneath it to light I am certainly not alone.
Before continuing further, I would encourage anyone who has read this far to do their own research and use as many different sources and mediums as they can to uncover and draw their own conclusions about all of this and what is really going on.
My real interest and passion is what happens next for us and for our future. Once we have got through this horrid time and whatever turbulence and challenges that we now face, once we have got to the other side and left them all behind.
What we should perhaps all be able to conclude – once we have dealt with our own addictions and attachment to the way that endless money supposedly works for us all now – is that money should never hold its own value. Should never be speculated upon, and the power of its creation and policing should never be under private control.
What is more, the value of legal currency should never be pinned to anything that can itself vary in value, especially when whatever that currency is pinned to is in short supply or can be controlled manipulatively or otherwise at will.
People are the only legitimate economic constant
If everyone did what they do, only took what they need and were happy to share or exchange what they didn’t with whoever needed it in return for something they did in return, there would never be need of money of any kind, ever again.
Whilst I can see that to many the idea that everyone just does what they do today for nothing and that in return, they get just enough of what they need of everything else in return might seem fanciful, this suggestion does nonetheless make a very important point about everyone only taking or expecting to have access to what they actually need.
Need is NOT the same thing as want.
Too much want is what has led to a situation where there are people right across the world today who don’t have access just to the things that they need.
An economy – a legitimate economy – will function only to provide for the needs of people within it.
There isn’t an argument that can counter this legitimately. Any argument made against this, no matter how compelling or well elucidated, is inevitably built upon one person being able to obtain or accumulate more things than others. Because the alternative system favours their interests more.
These are the fundamental basics of greed.
Locality based economies and economics
Everyone who can, should play their part or contribute to the function of a legitimate economy, in whatever role they are able. So that everyone who is active, then comes together to become the sum of all the parts – with the sum of those parts being the community, which because of what members can do together collaboratively, will be greater than what everyone would be able to do by working alone.
The value of a legitimate economy should therefore be based upon the number of people who are active within it and include what they input or contribute to that economy individually and therefore collectively.
If every member of the community does what they should be doing, and the needs of everyone being met are always prioritised and planned for or budgeted for as they should be, the whole system will move closely towards self-containment, with the amount of money in circulation always being closely related to the number of heads within the population.
A localised and online local market exchange system that focuses on bartering and exchange for foods, goods, services and work being made universally available alongside cash and digitally transferable money, should also exist so that everything works in a circular fashion and everyone’s particular needs are always met in ways that favour everyone.
The needs for public service, infrastructure, community activities and everything beyond should be met by everyone who is able to work volunteering the equivalent of 1/10 of their working week and their skills or experience to the community. Thereby meeting whatever needs and community income generation requirement there may then be.
Excess goods produced, surplus service capacity and over production which is specialist to the community would also be traded with other communities and traded where any additional requirements beyond the scope of community production exist.
The blight of greed-driven thinking
The only reason that an economic system that will work like this, which promotes freedom and financial independence of the masses, would not work, is because those who would no longer be able to define themselves as being different to others through the accumulation of additional and unnecessary wealth will argue that it isn’t practical and cannot work.
Even within a genuinely egalitarian approach to economics based along these lines, it is a fact that some could always do better, because they choose to do so through their own industry. Whilst many others – and the majority at that, would be happy to just make the contribution that was absolutely necessary, knowing that they would be happy, healthy, safe and secure because all of their basic and essential needs were being met.
It is part of the capitalist myth that entrepreneurialism and creativity in commerce cannot exist when the ability to earn or rather profit is capped.
The real truth of the matter is that everyone will be productive and make a valuable contribution when anything that goes beyond what it takes to look after themselves and those who depend on them is a choice and the ability to just live a normal life without dependency on anything beyond themselves hasn’t been denied by the actions of others.
Nobody has the right to take or have more than they need and certainly not when it can only come to them through the exploitation and infliction of pain and suffering of any kind upon others.
Adam Tugwell 