Money drives almost all activity on the planet, yet simple questions get overlooked – questions like: where does money come from? Who creates them? Who decides how, and where they are first going to get used?
If you control the money supply you also control how the money first is going to be used.
Right now, almost all money in the current system is debt, and the only way that we can bring new money into the economy is to borrow it from our banks.
When we rely on banks to create most of our money, then the only way of getting more money into the economy – is for the private sector to go further into debt.
When we choose to live in an economy that privileges lenders over debtors and capital over labor, we also choose to live with the fact that our companies also focus more on profits made by capital assets managed by the banks over labor. We will get an economy were our companies focus more on expanding their activity on the financial markets, on their financial products and by then making cutbacks on workers in shrinking markets caused by this expansion, rather than hiring and developing new products and services.
We seem to have forgot the simple fact that a sovereign government like the one here in Sweden, is the monopoly issuer of the currency, and it is by mishandling this, our sovereign rights to our currency that creates the difficult conditions for the domestic companies, our common domestic economy, and for the people in the thinly populated areas of our country.
We are forgetting that our multi-national corporations has as their business model the transformation of small self-sufficient local economies into the unwitting and dependent consumers of global supply chains from which these corporations make their profits.
What this is doing is to create great difficulties for the local domestic markets, our domestic companies and our small cities in rural areas because money is ”no longer being made there”.
All these small markets are being replaced by global supply chains. Promoting export is being thought of as the “broker” of all the money that’s available to us. Not our local companies and small markets in our thinly populates areas of our country where so many of us live.
There seems to be an economic taboo against creating money and actually spending it into the real economy. It’s OK to do things like pumping all new money into the financial markets, pushing up house prices in our main cities and ”make” all new money there first. But it is a complete taboo to actually spend that money on something that benefits all of us, and our society as a whole. And by then the economy as a whole.
Small producers, small business owners and small farmers in small communities do not benefit at all in the current economy. They have no local market where money is being ”made”.
And currently, most money seems to be used to harvest the public opinion instead of being used for any long term common good outside the most populated areas.
If one ever stops to wonder about the ”strange” nonlinear outcome of elections, or a sudden rise of certain popular ideas, here is a good place to start looking.