Dear Monetary Reformers
Here’s a much needed, short update on our great adventure: the implementation of our Talent architecture in a nationally circulating currency, ‘de Florijn’.
We had been planning to crowdfund for ‘de Florijn’ and next create the website, but as always, things turned out differently: we decided to first create the product, before looking for financing.
Unfortunately, things always seem to must move slower than either hoped or anticipated, but as they say: things go as they must.
But we have spent our time well: in December last year we opened our site in beta phase: you can find it at https://www.betalenmetflorijn.nl. Before we open up officially, the design will be further revamped and modernized, to make it focus completely on our simple, but revolutionary new currency.
We have also opened up a foundation to manage it all once we open. With me, Barry Annes and Marco Janssen as board members. The latter two gentlemen are consummate professionals and fully aware of the issues at stake. Marco regularly reports on the economy with his ‘Janssen Report‘.
We have about 130 account holders already, which is a nice start, although we will be looking for a few more before launching.
The main issue we’re negotiating at the moment is that we need a solid app for smartphones, to guarantee a modern and seamless payment experience. When done, working with ‘De Florijn’, buying them on the exchange, paying with them in stores, will be easy, safe, fast and up to speed with what people expect from today’s mobile applications.
Once this final hurdle has been taken, we will launch and start a funding campaign.
Working without money has been the bane of the whole project and we desperately need funds to keep going while we build the network until it reaches a size that allows the operation to self finance. This will be with about 1000 paying companies on board, something we hope to achieve within the first year after launching.
If you, in the meantime, can find it in your heart to make a donation to keep us going while we finish the final stages of the development, that would be really very much appreciated. We need all the help we can get, and we need to get it from you, because, as you will appreciate, there is plenty of money for saving banks, but not so much for solving banking.
Please use the donate button on the right. Thank you so much.
The whole thing is really very exciting: ‘De Florijn’ really stands a credible chance of developing into a widely used complementary payment device, directly addressing the key issues in the economy: scarce and expensive credit, small and medium business being savaged by deflation, the Internet and Transnational competition.
Not only that: the Talent infrastructure can be implemented by any ambitious monetary reformer who would like to create a truly comprehensive complementary currency anywhere in the Western World and beyond. There is nothing available anywhere, that comes even close to it. Remember: we are creating interest-free credit that is convertible to Euro or any other dominant banking unit. We’re currently working with several people who are looking to make a contribution in the need to bring people real monetary solutions.
Thanks again for your ongoing support of Real Currencies, ‘de Florijn, and the Talent!
This is an interesting second interview with the guys of The Plane Truth.
We get to the bottom of the international situation. Is there a real struggle between Russian and the US Empires? Or is it a war of both States against the Peoples of the Planet?
Babylon is One and while the actors in the play often believe in what they do, ultimately their actions amount to manipulated events. States need war. It’s why they exist. The Money Power manipulates events from behind the scenes and Ezra Pound’s conclusions, that wars are caused by these Banker manipulations, still stands.
We also discuss the main monetary reform proposals out there and the need to improve on them.
Talking with Robert Stark on the Basic Income
This interview happened a few months ago (sorry for the delay Robert), but its relevance is ongoing.
In Greece Syriza has already shown itself to be what the initiated had long seen: a harmless (for the Bankers, anyway) Marxist outfit. In their program there is nothing about real monetary reform, or doing anything substantial about the Banks or Usury.
After some mutual huffing and puffing from Berlin and Athens, both parties have agreed to bury the hatchet for four months. Interestingly, at that stage the development part of the BRICS Bank will come on-line.
Will Greece dump the EU and walk over to Globalism Sino-Russian style? Putin has been proposing his Eurasian economic sphere and is building extensive internationalist organizations. Both in the former Soviet sphere and with the Chinese. The Russians have already indicated that they are ready to bail out the Greeks.
Furthermore, Syriza seems to be making serious moves towards some sort of Basic Income scheme. Interestingly, the EU seems to be all for it.
And this is where this interview becomes relevant, because this is the Marxist style of course, is it not? Just plunder the middle classes to ‘save the poor’ and thus work around the problems of Capitalism, instead of solving them.
Which could be achieved by paying off the National Debt to the Banks with some freshly printed interest-free credit, provided by a newly opened State controlled credit facility. Let alone allowing normal Greeks to refinance their mortgages and business loans too.
Thankfully, the infatuation with Putin in the Truth Movement seems to be subsiding somewhat. The more level headed are speaking up and there are too many questions.
Truth be told: Russia, notwithstanding the fall of the Soviet Union, has been preparing for war for decades. Putin used his oil wealth to revamp his military and the question is how ‘abandoned’ these massive underground facilities under Yamantau (the Urals) really are.
BRICS, including its bank, is just intended as a dialectical counterpart for Western Globalism.
For those looking for some much needed, effective deprogramming concerning the BRICS saviours, we can recommend Redefining God. Ken is very much on top of it.
He’s also got a very effective analysis of the Annunaki narrative.
Youtube is full of videos where people have used photoshop etc. to undo NASA editing of the materials they are disclosing to the public. Obviously, this indicates that NASA is disclosing these secrets purposefully and the question is why and how they will spin it.
The wider picture
There is a huge disconnect between the level of awareness of people on the Web and the atrocious propaganda that parades as ‘science’ and ‘news’ in the Mainstream.
But in terms of political movements, it’s hard to point at anything substantial. All political parties globally are operating within the paradigms that the Matrix provides. Whether it’s Nationalism or Marxism.
Nobody is calling for anything serious and even within the monetary reform scene there are really very few who will speak up against the Banks as the monolithic central power globally. And who will discuss serious solutions in terms of fundamental monetary reform, which by their nature are both radical and simple.
So for the time being we can conclude that, while awareness is growing, the Money Power is still very much in control.
Because the chaos that is mounting has been created over many years and while the exasperated masses are waking up to the need for change, they are still clueless about what change they exactly need.
And as usual the Bankers have their ‘solutions’ ready instead.
(Left/Above: Mrs. Baars waving to the peasants)
In an iconic 2011 moment, Occupy protesters met Wall Street bankers enjoying themselves with drinks. A veritable Marie Antoinette greeted them by toasting with her champagne. The divide between the ‘haves’ and the ‘have nots’ could not have been clearer.
Here’s the famous clip.
A source close to the Baars family, E.A., 21 years old, has come forward. Living and very much enjoying ‘the lifestyle’ herself, she is also worried about the blowback against the banker decadence.
Here’s her story.
The Baars Family
It turns out that the lady in pink is Mrs. Baars, wife of Goldman Sachs managing director Willem Baars, who hails from Holland. He has been making a career for himself with the infamous vampire squid that is at the core of Wall Street’s pirate nest. Managing Directors are the second management layer at Goldman Sachs. Only the partners, of whom there are only a few dozen, are higher up the ladder. Partners are allowed to use their own private funds in the Bank’s insider trading rackets, guaranteeing enormous private wealth for the few who make it.
Still, a modest ‘managing director’ can look forward to a $500k base salary. Bonuses for Mr. Baars typically amount to about $8 million per year. Additionally, there is an options package worth about $30 million.
God only knows what Mr. Baars must do for that kind of money. He maintains all his actions are legal. Which is not completely unbelievable, since Goldman Sachs employees in Congress write the laws.
He seems to be involved in mergers and the like. Typically, the insider knowledge that consulting about these matters brings is exploited by the traders of the bank in the markets.
How they see the protests
To Mrs. Baars, the protestors are just ‘peasants’. Losers, jealous of the riches of the bankers. The bankers really feel like ‘Masters of the Universe’. They see themselves as ‘the new Aristocracy’. To them, what they do is all ‘legal’ and thus justified. They deny any wrongdoing, or that their riches come at the expense of others. The protestors are basically just whining scumbags, in their view.
In the aftermath of the meeting in Wall Street on that day in November 2011, hundreds of protestors went to the Baars residence in New York and spent hours at the gates there. One of the Baars cars, a Bentley, was thrashed.
This was certainly a tense moment, but to the Baars family this just shows what losers the protestors are.
It’s all about ‘the Lifestyle’. The Baars family owns 15 luxury cars. Several mansions in America and Europe. A $20 million, 46 meter yacht in St. Tropez.
Says E.A.: “Wall Street and the City are driven by money, status, luxury, trophy wives and more money.” She continues: “just walk into any Mayfair club and you’ll see models and bottles.”
While Mr. Baars makes enormous profits for Goldman, Mrs. Baars’ job, as a banker wife, is to look good and let the money flow. Shopping is the lady’s main pass time. Trips to Milan with her girlfriends to buy shoes a routine matter.
For the kids, there are endless parties. Spraying expensive champagne is a routine device. The fun is in knowing that the peasants would have to work for months for what they blow away in just seconds.
Luxury, looking good, asset positions, new stuff. Glimmer and glamor make life nice. Are what gives status in the social scene.
Within the Baars family, there is a strong sense that the money must keep coming in to keep up. Addiction to money comes with fear of loss.
They’re children with their hands in the cookie jar. Mrs. Baars is just an uppity blonde who likes to shop for shoes. Avarice and narcissist ambition unchecked.
And it’s end of life. Soon, the American economy will face the crunch of an era. The banking families that employ naive upstarts like the Baars family, are ready to ditch the vehicles, including Goldman Sachs, that have allowed them to usurp all the wealth of the nation and indeed the entire West. Their executives, no longer useful, will be thrown to the wolves. The angry masses will gladly devour them when the time comes.
The ‘solution’ to the problems they have been creating has long been prepared.
And our source? She loves both the people with whom she grew up and ‘the lifestyle’, but she is haunted by the venom of the disenfranchised. She faces a choice.
But: it’s a choice that, in different guises, we all face at some point in life and it’s the same choice that humanity as a whole will finally have to face up to too.
Banker Babes doing what they do best: shopping
I hope you have a blessed Christmas with your loved ones and many blessings for the coming year.
For me personally, 2015 will undoubtedly prove very exciting, with the Talent going national in Holland very soon now.
Internationally, I think we’re all waiting for the next phase in the controlled demolition of the American Empire and the West. It does seem that the Money Power is moving on to Asia. The collectivist mindset of the Chinese is closer to our masters’ attitudes and ambitions. While the West was indispensable for conquering the globe for them, now that it has, it has become a liability.
Mass immigration, feminism (destroying the family) and the ongoing rapid destruction of living standards all throughout the West are making life more and more difficult and many people are becoming desperate with the tyrannical nature of ‘democracy’ and its petty laws, fines, and victimless ‘crime’. We will see growing numbers of people leaving the West in the years ahead.
And let us hope it will be just that. The idea of war between the US and Russia (which will quickly involve the Chinese too) is simply unspeakable and it would be just so devastating if the foolish peoples of these Nations would allow their heinous ‘elites’ to pull this one off. It seems hard to believe ‘they’ could, but there can be little doubt they wouldn’t mind some more slaughter.
Wars and rumors of wars……..it must all come to pass. They are worldly affairs and we must not allow fear or anger to overtake us when considering these matters.
The Spirit is in complete control and all is well. This fundamental truth we must keep hammering home to our dying egos, who thrive on negative emotions, however justified they may seem from a worldly perspective.
Our task is to ‘crucify self’ (ego death), and executing the simple tasks the Spirit wants us to do each day. And leave the rest to Him, difficult as it may be. We are, after all, just very unsubstantial dots in a vast universe.
Christmas celebrations are under attack all over the West. Multiculturalism is being used to mind control Jews, Muslims and other immigrants into claiming they are ‘insulted’ by this ‘non-inclusive’ celebration.
All bollocks of course. Immigrants have a duty to integrate and show respect for the traditions of the host nation. Mass immigration in the US in the 19th century was a success because immigrants were expected to learn the law and language of the land and partake in the norms of the nation. Jews, of course, never have been known for their integrative skills and are often behind the Marxist pressures against Christmas.
The attack is multi layered. On one level it’s an assault on Western Tradition, on the other against Christ himself. Because ultimately the whole war is against Christ.
Jesus Christ is not the man that was born 2000 years ago. It’s the Spirit that came into the flesh in the man. The Word, that created everything. The Son. He spoke through Jesus of Nazareth.
Creation is pervaded by, and springs from what physicists like Tesla call ‘the ether’. This ether is self aware and a person. It animates all beings. He lives in us all, whether we realize it or not. He is all knowing, all powerful. It is this being that spoke to us through the man whose birth we celebrate today.
A human being consists of a number of ‘aggregates’, as Gautama called them: the body, the senses, the emotional body, the mental body and volition. Our identification with these aspects is what we call ‘ego’.
Spirit is immaterial and precedes matter. We can learn to observe Him by realizing that he is what remains after excluding everything we can observe via the other ‘aggregates’. He is not what we see, not what we hear, not what we think, not what we feel. What we ‘see’ beyond these materialist experiences, is what the Buddhists call ’emptiness’, and Jesus the ‘the Holy Place’. It is here that we are ‘in the shadow of the Almighty’.
Learning to break our identification with the material aspects of our being and identifying with ’emptiness’ instead, is what the Spirit during his stint on earth called ‘dying to self to be reborn in the Spirit’. Obviously, few ‘born again Christians’ have died to self or would know what Spirit is. Likewise: a true Taoist would know very well what this is all about.
True believers, then, are not recognized by their knowledge of scripture. ‘One knows a tree by its fruit’ and the Spirit knows his own and True Israel, since the new covenant, is among all the races. It is they who have ‘crucified self’ and do the Spirit’s will. Because only those that do the Spirit’s will, as they have learned it in communion, can say they believe.
It is not for everyone. Even today most people don’t realize they need saving, so why would they look for the Savior living in their hearts, anxious to befriend them?
But if you do realize that you need saving, than study these matters. Go to the Spirit, as he so emphatically requests through Jesus of Nazareth: ‘come to me and I will give you peace’, he promises. And he delivers too.
And it is this awareness that is the real enemy of the New World Order. People dying to self and doing the infallible will of the Creator is what they fear, for obvious reasons. Clearly the Banker’s power quickly starts looking a whole lot less impressive, once you realize that the Spirit can work through selfless people.
And let us not forget that they were already beaten, back then. What we are facing today are basically just mop up operations after the enemy’s back has already been broken.
And this is the real reason why Christmas is under attack.
So don’t worry about Christmas being in fact a ‘pagan’ celebration of the winter solstice. Some of the pagans were infinitely closer to the Spirit than the ‘christians’ who destroyed them in the name of that spiritual tyranny known as the Vatican.
All our traditions are suspect in many ways and most obviously the world is at war with the Spirit and we should not take it all too seriously. But we should also not become unwitting stooges of the adversary, trying to alienate us even further from our traditions and way of life, sinful as they may be in many ways.
So with this in mind, enjoy Christmas and this chance to rest, to be with those closest to us, who love us and bear with our many faults, just as we struggle to bear with theirs.
May the Spirit be with you and all of us in these troubled times. Soon, real soon, love will again govern all our relations.
your brother in Christ,
(Left/Above: Richard Werner, whose thinking is behind ‘Princes of the Yen’.)
Two films expose in no uncertain terms the core issue of our time: how the financial system has come to dominate the globe by centralizing wealth and power through Usury, the manipulation of the volume of money, and centralized control of credit allocation.
This is the core of the conspiracy industry: that history is not so much a matter of competing nation states, but that a shadowy elite rules the world from behind the scenes, and that the core of their power is through control of money.
There has been, and there will continue to be, an endless debate about who is ultimately behind it all. Some clarity is slowly emerging there too, not in the least because of the light that has been shed on the long term history of the human species, including the advanced old civilizations that once dominated the planet. And of course the profound spiritual implications of these matters.
But surely by now it should be clear that “The world is governed by very different personages from what is imagined by those who are not behind the scenes.”
We are indeed slaves and the Matrix owns us, lock, stock and barrel.
Understanding how it all came about is impossible without a basic grasp of how their control of money governs our lives.
And these two films, ‘Renaissance 2.0 – Financial Empire’ and ‘Princes of the Yen, Central Banks and the Transformation of the Economy’ paint a crystal clear picture of the main issues.
The first focusses on the effects of Usury, the second on how Central Banks create booms and busts through the manipulation of volume. It also explains in simple and direct terms what power there is in credit allocation.
These are the three main issues with money as we have identified them and both films strongly reinforce the message. They certainly widened my horizons.
Renaissance 2.0 – Financial Empire
This film was created by Damon Vrabel. Here is an interesting article by him on Usury. His basic take is very sound, focussing on its exponential nature:
“The exponential math not only creates exponential debt growth, but also exponentially increasing:
- Scale – government and businesses keep getting bigger; we get smaller and local communities lose their meaning
- Velocity – the hamster wheel keeps spinning faster; human life suffers
- Consumption – we buy more and more things that break more quickly
- Production – we make more and more things that break more quickly
- Inflation – the dollar buys less and less; we can’t seem to make progress
None of these things have to happen in an economic system. They only happen in ours because of debt-based money, usury, that greatly benefits the top of the pyramid while everyone else suffers to a certain degree depending on their level in the pyramid.
So this system is guaranteed to fail due to not only the impossible math, but also the fundamental immorality. Taken together those five issues paint a horrible picture.”
The film is basically a presentation he put together. It’s well done, with clear cut visuals that center around the pyramid of power, similar to this one:
It greatly helps to keep this picture in mind always. It’s simply the nature of power and it’s behind all their schemes, from Libertarianism to Marxism.
Vrabel points at the two tier society that is automatic with Usury. He discusses many interesting dynamics of the monetary system, pointing at the different implications for those in their respective layers of the pyramid. For instance how cost for capital rises when you go lower into the pyramid.
Another great feature is his critique of ‘modern economics’. He makes a solid case, showing once more how ridiculous it all really is. It’s very important. We must rid ourselves of the heinous nonsense that they pay their academics to produce. It’s all rubbish, existing only to explain why we must be in bondage.
Princes of the Yen, Central Banks and the Transformation of the Economy
The film begins by saying: ‘This is a film about the power of Central Banks. Central Banks have the power to create economic, political and social change. This is how they do it’.
And that’s exactly what the film shows. It’s based on a book by Professor Richard Werner, who is well known for his work on credit creation and management of the volume of money. He worked in Japan for years and knows the monetary situation there from the inside.
The film discusses Japan’s economic development since the war. First its rise to world prominence, then the despicable, purposefully engineered boom of the late eighties, and the even much worse and equally well planned 1989 and beyond bust.
Its analysis is very clear cut: the post war rise was a result of strongly centralized financial management by BoJ, which basically ordered the banks to lend so and so much to this and that sector in the economy. Japan was actually operating a war economy in those years, but directed at production and consumption, instead of destruction.
BoJ’s technocrats ruled like emperors, completely controlling the economy by exact management of who would be financed and who not. They created the second biggest economy in the world from scratch in only a few decades.
Undoubtedly this was part of the Money Power’s larger designs. However, in the film the focus is completely on solid information that can be well gleaned from what is visible in the public domain.
Werner shows how BoJ’s officials then changed tack and wanted to force on Japan a change to a ‘free market’ and consumerist economy with associated growing gap between the rich and the rest. It wanted to break the classical control structure of Cartels and Government (especially the Ministry of Finance) power. They called this ‘the need for structural reform’ in typical banker fashion.
To foist this on an unwitting public, they first created a huge boom with insane credit expansion, ordering the banks to expand credit at 15% per year. This led to maniacal real estate speculation, where at its peak the small island of Japan was worth four times more than the entire United States. Then the bubble was popped suddenly and prices contracted up to 90%.
Japan never recovered, mainly because BoJ has sabotaged every attempt that the Government made to reflate the economy. This was simply done by taking out of circulation whatever extra money was pumped into the economy by the State.
The film makes abundantly clear, in neutral and understandable terms, that the whole boom and bust thing was and is purely driven by inflating and deflating the money supply. The case is undefeatable and it’s so vital to understand. The volume of money is what drives booms and busts. Nothing else. It’s all pure banker manipulation.
The volume of money must be managed, it’s unavoidable, the idea of a ‘free market’ doing it is irrelevant. The only question is how the volume is going to be managed: by megalomaniac fools running amuck, unseen by a brainwashed public, or in the service of the public with sufficient people understanding what is going on. It’s not brain surgery, all that’s needed is some basic education concerning the facts.
The film then continues to explore the implications of such blatant banker control and manipulation in the cases of the Asian Crisis in the late nineties and the current Euro Crisis. There too, the situation could well be (or have been) resolved by sound policy, but it was and is simply sabotaged because nobody understands monetary policy and bankers have their own plans.
Werner focuses on Central Banks and paints the banks themselves as the flock following the piper. But of course the Banking System is One and the major commercial banks are well on board with these machinations. But let this minor issue not distract from the film’s achievements. This is a hard hitting exposure.
Watched together, these films show how the monetary system completely controls the economy and by extension everything else too.
‘Financial Empire’ focuses on Usury, ‘Princes of the Yen’ on the volume of money, and credit creation and allocation. Together, they paint a comprehensive picture of what is really going on on a monetary and economic level and its implications for the human condition.
Devising and implementing strategies to stop this Behemoth is actually what should be keeping everybody awake at night. A reasonable deal for everyone is well within our reach. Both films help us keeping our eye on the ball.
Also highly recommended for the uninitiated, as they are both very accessible.
Ideal for the quiet days between Christmas and the New Year.
How Usury Encloses The Commons
Banking Is Institutionalized Murder!
Capitalism Is Jewish Usury
Rationalizing Usury: the Time Value Hoax
Derivatives, Or: How The Money Power Created The Greatest Depression
The Goal of Monetary Reform
Understand that the Banking System is One
The Silly Pseudo Science that is ‘Modern Economics’
Very soon now, we’ll start crowdfunding for the national implementation of the Talent in the Netherlands, called the ‘Florijn’.
We will very much need every cent we can get to get things going so we can build a truly flourishing network, with many thousands of businesses and consumers.
It’ll be an opportunity for all to actually DO something about this most pressing of issues………….
Here’s some more input on the Talent’s specifications.
Hybrid: some units created as debt free units, and sold for Euro. The euros are put in a ‘stabilization fund’ which can be used to buy up units on the exchange if there is excess supply/insufficient demand.
But most of the units will be created simply as mutual credit: double entry bookkeeping.
No transaction costs! Transaction costs discourage transactions. The last thing we want.
Businesses pay (typically) 10,- per month in the Talent based unit. Because of the convertibility that the Talent allows, the issuing organization can accept payment in Talent too, which obviously enhances both ‘liquidity’ in the network and the credibility of the unit.
Of course these costs are very, very low and it does mean that the unit needs a fair few businesses to be self-sustaining.
The on-line exchange, that allows convertibility, is our own software, as Cyclos does not support such functionality.
Modes of payment:
On-line telebanking, pay per phone (SMS). Paper money is optional.
Configured at 0%, but depending on the circulation of the unit in practice, the Talent is ready for it.
Secure against manipulation:
Full control within the network for the system’s management. Management can guard against speculation, rent-seeking activities, hoarding (with the purpose of sabotage and manipulation of volume) etc.
True: centralized management brings responsibility and risks of its own, but Bitcoin shows that non-centralized, user based control sees quick cornering of the money market.
And below a presentation, juxtaposing the Talent vs. the main architectures currently available.
I was elated to be invited by Henrik Palmgren from Red Ice Creations for an extensive interview.
Unfortunately I don’t know how to embed a Flashplayer in WordPress, here’s the link to the show.
Here’s the intro as published on Red Ice Creations’ website:
Anthony Migchels – Hour 1 – Usury: The Problem with the Economic System & Alternative Currencies
November 28, 2014
Anthony Migchels is an Interest-Free Currency activist and founder of the Gelre, the first Regional Currency in the Netherlands. He joins us to talk about the very central problems of economics today, usury or interest, alternative currencies and more. We begin by discussing the problems with our global usury economy, which results in the rich owning the majority of the wealth – a scheme that will inevitably lead to an economic collapse. Anthony explains how the money powers that be have plans spanning centuries and this predatory system, disguised as a free market strategy, is backed by the extremes of Libertarianism and Marxism, philosophies that contradict the very nature of mankind. We’ll also take a look at how the workforce produces the majority of the wealth for the rich, yet their wages, food and basic commodities are taxed, resulting in total slavery to the state. Then, Anthony talks about the monetary reform movement, which is concerned with the creation of money out of nothing, as opposed to the problem of usury. In the second hour, we discuss the shift of power and the crunch to destroy the west that occurred when the U.S. exported its entire manufacturing base to China. We’ll also talk about capitalism, mass immigration, feminism and the destruction of the nuclear family, and the degradation of the brotherhood of men. Then, we’ll consider the implications of revisionist history concerning WWII and the Jewish banking system’s involvement. Anthony then discusses the Euro-crisis and the inevitable crash of the global economy. We’ll wrap up with some reflections on possibilities of a mass awakening and the improvement of living standards.
(Left/Above: the logo of the Gelre, the first unit based on the Talent. Soon we will launch a national unit for the Netherlands)
Alternative currencies are a crucial component in addressing our monetary problems. However, the monetary architectures that are currently available are wholly insufficient to provide serious relief for Main Street. The Talent is the first independent currency model that provides all functions that modern currencies need to truly compete within the Dollar/Euro paradigm. Not only that: it is now available for immediate implementation at ultra low cost.
Interest slavery and the ongoing gutting of the West through the credit crunch continue to erode living standards everywhere. Small and Medium business is suffocating for lack of credit and demand in the economy, while Big Business is reporting record profits and claiming larger and larger shares of the market.
High class units, operated professionally by people who know what they are doing, have every opportunity to provide small and medium business with both the liquidity they need to operate and new customers. Alternative currencies are not only a great customer loyalty program, as people can spend the units only with the businesses who accept them, they also have the potential to seriously alleviate the liquidity problems of the business’s customers.
In hard times, alternative currencies tend to boom. During the Great Depression literally hundreds of them were operated in the United States. In Spain and Greece, hit hard by the Euro Crisis, have seen dozens of units spring up. Argentina has been surviving because of them since its 1998/2002 collapse.
Most famous is the Swiss WIR, which has been turning over billions since its inception in 1934. It’s famed for its stabilizing effect during recessions, when capital scarcity makes it more worth while for business to deal with its limitations.
Limitations of Alternative Currencies
However, the Alternative Currency market remains handicapped by major problems. Amateurism and lacking monetary architects of the units being the main ones. The currencies that manage to thrive are typically run by energetic people. The WIR shows how far even very primitive currencies can go if run by a professional organization.
This shows both in the superficial analysis of both the real nitty gritty of the monetary problems that we face and the political context. The field is dominated by idealists. Over the last few years a marked improvement in terms of political awareness is definitely palpable: say five years ago most in the alternative currency business were oblivious to that bankers behind it all, for instance. Nowadays this is no longer the case, everybody is used to ‘conspiracy’. But this creates a new problem: the disconnect between the awareness on the web and the stone age conversation that is still the norm in the mainstream.
At the moment the discussion about the monetary architectures that are available is mounting and that is indeed very important, but still much remains to be desired.
Entrepreneurial ambition is really key to make it all work, but this must be combined with level headed appreciation of the monetary and this combination has shown to be very elusive indeed.
The Key Challenge for Modern Currencies
There are two major architectures that hold sway: Euro/Dollar backed units and Mutual Credit based units. Most units work with the basic agreement that 1 Unit = 1 Euro/Dollar, meaning they use the Euro or Dollar as unit of account.
The Euro/Dollar backed units, for instance the American Berkshares, the German Chiemgauer or the British Brixton Pound, are created by selling units: A Berkshare is sold for $1. The Dollar is held by the issuing organization, the Berkshare is spent into circulation at a local business. The local business can spend the unit with a colleague or pay an employee. If at some point a business acquires more Berkshares than it can spend in the network, they can reclaim a Dollar for every unit with the issuing organization.
The great boon of this system is that it allows convertibility of the unit. However, the great downside is that there can never be more Berkshares in circulation than the issuer has Dollars at hand. This means that there can be no interest-free credit. Money scarcity remains a real issue, as the money supply is dependent on scarce Dollar.
Mutual Credit based systems create money as credit: participants, businesses in particular, can just get a credit line in the unit and start spending. The minute they do, new money comes into circulation. When a debtor repays, money is taken out of circulation.
The great upside of this system is that there is no money scarcity: people will typically experience an abundance of money and a shortage of places where they could spend the units. The exact opposite of the Dollar/Euro situation, where most have less money than they would need to invest. There is interest-free credit.
But this comes with a price: there is no Dollar/Euro in the bank to back the unit or to convert. And this is a real problem, because there will always be businesses, usually the more succesful ones, providing popular goods or services, who obtain too many of the units, more than they can usefully spend in the network and they will have to limit there intake, creating serious bottlenecks in trade.
The Talent answers these challenges by providing the first fully convertible Mutual Credit based unit in the world. By providing an online exchange where people can buy and sell the unit. See here for a full breakdown of the system.
The Talent is a complete set of software and best practices, that is now available to everyone who wants to start his own currency. It can be implemented at very low cost and provides the start up with everything he needs to operate a truly comprehensive currency backed with high class methodology, incorporating the lessons learned with 80 years of experience with these units worldwide.
Implementation of the Talent comes with full consultancy for the starting initiative by the system’s developer, the writer of these lines.
The Talent’s proposition is particularly ideal for entrepreneurial people who know what is at stake, who see the clear business opportunity that creating high class, professionally run units provide for both participants and the initiator himself.
By implementing the Talent, the entrepreneur can focus on building the network and the organization necessary to run it, resting assured he’s offering his participants the best complementary currency currently available anywhere.
The Talent is the first unit in the world that provides everything we expect from money:
– It is sufficiently available (‘abundant money’)
– It provides interest-free credit
– It is convertible to Euro/Dollar
– Allows payment on-line and by mobile phone
– Connects both businesses and consumers and potentially (local Government)
– Implementation comes with full consultancy.
All in all the Talent is the first architecture that truly allows head on competition with Dollar or Euro in the marketplace.
The Time is NOW
Years of research and development have been invested in the Talent. It answers all the major issues facing those in the field today. The first unit based on the Talent is the Gelre, which is in pilot phase and for which we are currently raising funds for wider marketing. Soon a national variant for the Netherlands will be launched.
Implementation is seriously considered in the United States, Britain and Ireland.
Funding remains a huge issue. It’s sad: not so much money is required, but while there are Trillions available for saving banks, it’s very hard to get even a few thousand to save us from the banks.
However, we will soon launch a major crowd funding initiative, where you will have a hands on chance to make a difference in the struggle against the Banks and their Usury and deflation and for normal people looking for a reasonable deal!