As simple as 1-2-3
Blips on a screen…
What is a bank? A bank is not a vault. It has long ceased to function as a store for currency notes and coins. A banking institution in modern times, as you can see if you have watched the videos embedded in this site, is simply a bloated, obfuscating accounting system which confuses honest people into surrendering their total energies for the right of a sustained existence on the planet, at subsistence standards for most of the populace.
What is behind the beautiful facade?
The bank is simply a system of computers and some people who use them to complicate trade enough so that in the end everyone has been robbed of their purchasing power. It is a dishonest system which leads sooner or later to bankruptcy for all but a few at the top. If you need help understanding this seemingly radical statement, please refer to explanations of compound interest found all over the web.
Who owns you?
What is buying power but your own productive effort? You and others like you are the only producers. The banks do not produce anything, the government does not produce anything. They simply take products that have been produced by you and use them for often very destructive purposes.
The plan, therefore, is to abandon the banking method of bookkeeping based on usury, and replace it with our own accounting systems.
The problem holds the solution.
We now have great networks set up all over the world. The very globalisation which has led to the problem of increased power of the banking system and the governments controlled by them holds in it the solution.
The computer has become as common as the telephone. Almost everyone has one or access to one. Cell phones, which are nothing but hand held computing devices, are everywhere.
Pack up our marbles and go home.
The next step is to simply develop an accessible system of accounting which quietly sidesteps the dishonest schemes of the economic ruling class.
All over the world as you read this people are doing this. The question is, can we not join this movement here and apply our efforts at freeing ourselves from the economic slavery, so that our children may at least hope for a future free of drudgery, fear, war, ruin and misery?
See it as a game.
If I have a cell phone and a computer and a marginal amount of skill, can I not set up my own network among my friends and acquaintances? Can I not make my own trade agreements? Why must I pay someone who is uninvolved in production or service?
Why can we not simply close the loop and drop the banks out of the equation? What service do they provide that we cannot now provide for ourselves?
But what about…
The first question which is always heard in the discussion of mutual credit clearing is one of trust. Won’t there be people who will abuse the system? The answer is, yes, there will always be those who will take more than they give, or try to…
But the question ignores the obvious. Producers and business owners are already being leeched to extinction by parasitic legalized frauds of the power wielders. We need to rather ask ourselves over whom we have more social influence, over our neighbors and local businessmen or over the owners of the banking system, residing thousands of miles away and protected by the legislatures and big guns of central governments.
Play nice with friends.
What is proposed is as natural and simple as breathing. You trade with me, I trade with my neighbor, my neighbor in turn trades with you again. No middleman.
People have been systematically trained into thinking they have no other option than to use “legal tender”, when in fact there has always been a choice. We must now choose the route that leads to sanity: mutual credit clearing or reciprocal trade. It has always been legal. We just didn’t know and/or didn’t have the tools before now.
Summing up the whole idea:
To sum it up…