Author Shows How to Restructure Monetary System to Eliminate Poverty and Homelessness

EUGENE, Ore. - June 25, 2024 - PRLog -- In addition to the widespread struggle and suffering caused by our economies, organized around debt based money, the current monetary system is also the driving force behind the waste, pollution, and resulting climate change that now threatens our very existence.

Far more people are now becoming aware of and pushing for a Universal Basic Income, an idea that has been around for centuries. Now its time has truly come. Our current level of technology, plus centuries of experience, will now allow us to change the nature of money and economies in a way that will solve most social ills by eliminating their underlying negative causes.

This will also drastically shrink government and eliminate the need for most social programs of today, which primarily exist to counter the horrendous effects of the current monetary system. Through the dramatic reduction of crime and conflict it will also greatly reduce the need for police and military. Contemplate the ancient promise of swords into plowshares.

Most other of the UBI proposals propose various schemes to manipulate taxes as a way to fund payments to citizens. The primary flaw of such plans is to limit them to the taxes available from various forms of revenue, leaving them susceptible to manipulations of the economy and its cyclical ups and downs. Both would affect any tax funded UBI system. Since cyclical swings of the current system are based on a combination of debt and speculation driven by greed and fear, we must establish a barrier between them, the basic needs of people, and the foundations of society and civilization.

This is not merely a question of political philosophy, but the safety of everyone and survival of human civilization. Those who seek to prevent change to keep people entrapped in the current system whine about socialism and communism, but those labels are irrelevant. This change will dramatically enhance and invigorate democracy and personal freedoms.

Climate change is also a real and pressing problem and economies organized around debt based money and the need for constant growth and profits are the root cause. Restructuring money and economies are required to solve and survive the great problems we all now face, rich and poor alike.

Such a change will never happen soon enough to forestall numerous obvious and looming disasters on the near horizon, by following the same old paths and relying on the current paradigms.

https://sevenstarhand.medium.com/universal-basic-income-a...

To understand how to solve humanity's greatest problems and errors, start by reading, Universal Basic Income and the Foundation Economy.