Legacy for Hope for our Youth – Part 2
The Legacy of Hope for our Youth by Bob Robertson continues
A New World Order Monetary System
Legacy of Hope for our Youth Series Continues: – As mentioned in the first edition of this series, progress towards the benefits of a financially stable new world order must first overcome resistance from the four main obstacles that will vigorously oppose change. They are capitalism, politics, religion and royalty.
The multi-faceted financial industry, which encapsulates the entire global monetary, banking and capitalist system, must be prioritised for change first.
The monetary system is irreparably flawed and in the process of collapsing, perhaps completely by about 2015. Steps must be taken to replace it with one that is economically stable and immune from the forces of greed, corruption and maladministration that have contributed considerably to the present state of collapse.
The replacement will have to meet stringent criteria to make it an equitable, secure, stable and incorruptible unit of exchange for the entire global community.
- Simplicity – it must be fully understandable by everyone.
- Global accessibility – every eligible person must have equitable access to it worldwide.
- Security and stability – Its availability and stable purchasing power must be guaranteed by linking it directly to the planet’s non-tradable collateral resource assets.
- Ecologically friendly – It must protect the global environment, the ecology and the planet’s natural resources as well as the elements that enable production of life supporting consumables.
Consider each criterion in more detail.
- The unit would be an un-minted electronically transacted unit of exchange.
- It would have identical features and purchasing power worldwide.
- Its non-material features will deny, inter alia, forgery, theft, illicit trade and corruption.
- The unit will become a unique and equitably distributed unitary share of Earth’s entire inventory of resources.
- The availability and purchasing use of the new unit of exchange would be on a totally global basis. For example, when travelling to any other part of the world, people would simply take their Status Cards (discussed later) with them and use them in exactly the same way as at home for acquiring goods and services.
- The prices of specific goods and services throughout the world are expected to be similar, if not identical.
- Exchange Control would no longer obtain because the system would be the common form of exchange worldwide throughout the single nation domestic environment of the new world order.
Security and stability
These attributes require deeper consideration.
- Being the only form of exchange on the planet, distributed electronically, and constantly measured against professionally managed global resource inventory stocks, the security and stability of the system would be automatically guaranteed worldwide.
- In addition to points listed earlier, cash in transit heists, ATM robberies and theft of goods for eventual sale could no longer occur, neither could activities such as drug and human trafficking, money laundering and cash related crime and corruption.
- Throughout the extensive global population registration process, census numbers would become accurately measurable and constantly refined to determine equitable distribution of resources.
- These factors will be affected by food security; the availability of potable water; planned and mobilised ecological and environmental recovery and growth; the expectation of extended years of life for people surviving the effects of climate change conditions; the increasing number of people moving from poverty into the Basic Income Grant (BIG) status, and for the gainfully employed majority.
This point requires an understanding of how money affects ecological and environmental issues.
Every need for lifestyle security and enhancement, including the environment and ecology, has become entirely dependent upon traditional money, the availability of which is determined by the gospel according to capitalism.
Contrary to popular belief, the value of money today is not measured against the life sustaining needs of humanity. It is measured against the market values of traded commodities, including currencies, all of which are subjected to the market influences of supply and demand by traders, and upon profitable returns on trading transactions.
For example, consider the endless degradation of the environment by capitalist inspired ventures and the disastrous effects this is having upon the lives of millions of people in the affected areas. The multinational organisations responsible for the degradation maintain that reparation costs would be economically unjustified. In other words, investment in the recovery of the world’s damaged ecology and polluted environment is far too expensive and entirely unprofitable. Out of court settlements are invariably made and degradation continues unabated.
The proposed replacement system changes all that:
- It gives birth to a socially responsible resources management process, working within a moneyless social structure, enabling the delivery of goods and services without the traditional considerations of conventional monetary costs and profit generation.
- This is particularly so when addressing the urgent need for reparation of our environment, and endeavours to slow down as much as possible the advance of climate change and the devastating effects it is expected to have upon all life.
- The prerogative of being ecologically friendly will be achieved and sustained.
The mechanics of the new exchange system will be examined in the next edition, explaining how it would work and how the capitalist system will be dissolved.
Bob Robertson is the author of Money Meltdown & Climate Change – The Penalties of Infinite Economic Growth. Obtain a printed copy of the book, or download a free E-Book version at: http://www.bobrobertson.net/
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