Money: Print Your Own!

Money: Print Your Own!

http://futurenet.org/2Money/Yes2TOC.html

Instead of creating wealth, our money system is depleting our real wealth: our communities, ecosystems, and productive infrastructure.



Money versus Wealth

by David C. Korten

What is this madness? The economy is booming. The stock market is setting new

records [sic]. The US is again heralded as the world's most competitive

economy. We are assured that we are richer than ever before and getting richer

by the day.

Yet we are also told there is no longer enough money to provide an adequate

education for our children, health care and safety nets for the poor,

protection for the environment, parks, a living wage for working people,

public funding for the arts and public radio, or adequate pensions for the

elderly. According to the official wisdom, even though richer, we can no

longer afford what we once took for granted. How is this possible? What's gone

wrong?

A quick hint. The problem most definitely is not a lack of money. The world is

awash in it. The world's 450 billionaires alone have combined financial assets

greater than the combined annual incomes of half of humanity.

The problem is this: a predatory global financial system, driven by the single

imperative of making ever more money for those who already have lots of it, is

rapidly depleting the real capital