monetary fraud - Revision history

Rev 22: /* What is the solution? */ uneven distribution of wealth is also a form of hierarchy, while anarchy is complete absence of hierarchy

2008-09-22T16:08:04Z

‎What is the solution?: uneven distribution of wealth is also a form of hierarchy, while anarchy is complete absence of hierarchy

Rev 22: introduction

2008-09-22T16:01:20Z

introduction

Rev 22: Monetary Fraud Model moved to monetary fraud: simpler title

2008-09-22T15:41:55Z

Monetary Fraud Model moved to monetary fraud: simpler title

Beta M: {{delete}}

2008-01-31T15:18:22Z

Pierre: corrected invisible image link

2008-01-21T00:22:40Z

corrected invisible image link

Rev 22: some wikification

2007-12-12T00:38:02Z

some wikification

Mfm: spreadsheet example

2007-12-10T00:31:18Z

spreadsheet example

Mfm: embedded image for visualization

2007-12-09T10:24:56Z

embedded image for visualization

Mfm: embedded image for visualization

2007-12-09T10:24:47Z

embedded image for visualization

Mfm: visualization

2007-12-09T10:15:59Z

visualization

@@ Line 84: / Line 84: @@
 ** company shares must be debased by the government, distributing a small part of the wealth every year among the people. This is necessary, because even without private money creation, there is a (much slower) concentration of wealth that must be balanced
 * [[crypto-anarchy]] will be a huge help to those who understand the problem first: even if most of the population stays brainwashed. This unavoidably happens during the evolution towards the next system
-* btw, complete lack of hierarchy (==[[anarchy]]) also benefits the extremely rich and powerful. Collectivism also. There is a window in the middle for a reasonable government with lightweight budget, but important tasks. It is law that got perverse by today (while we were not watching carefully). Not the idea of a government that enforces the law.
+* a complete absence of the state could also benefit the extremely rich and powerful. There is a window in the middle for a reasonable government with lightweight budget, but important tasks. It is law that got perverse by today (while we were not watching carefully). Not the idea of a government that enforces the law.

← Older revision		Revision as of 16:01, 22 September 2008
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−	~~{{delete}}~~	+	The main '''monetary fraud''' is associated with the money created by central banks and state banks. The new money created by central banks is sent to few beneficiaries, instead of being distributed equally to all people.
		+
		+	Wealth is thus artificially redistributed from the (non-[[black market\|black]]) market users, users of a continuously devalued money, to banks and their direct beneficiaries (institutions, shareholders).

	== MFM: Monetary Fraud Model ==		== MFM: Monetary Fraud Model ==

← Older revision		Revision as of 15:18, 31 January 2008
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		+	{{delete}}
		+
	== MFM: Monetary Fraud Model ==		== MFM: Monetary Fraud Model ==

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 == MFM: Monetary Fraud Model ==
-Currently, almost all money is created by private banks, worldwide.
+Almost all money has been created by private banks, worldwide.
 Only a small fraction (because of the low Reserve Ratio Requirements) of money is created by central banks (private in the USA [[Federal Reserve]], state-owned in UK and most other countries ).
 Money is created as debt in a way that cannot be paid off. Without debt toward private banks (that create most of the money in circulation), the money supply would drain up. All money would disappear from the system. This forces people to get new loans, escalating the unescapable debt-spiral.
@@ Line 15: / Line 15: @@
 * the remaining wealth is owned by the rest: '''NonBwealth'''
-http://img2.freeimagehosting.net/uploads/11e64c534b.png
+[[Image:MFM_Innuendo.png|Monetary Fraud Model innuendo]]
 There is no distinguished line around wealth: for example a shareholding company can be partially Bwealth and partially NonBwealth. This is no problem.

@@ Line 72: / Line 72: @@
 Unfortunately you cannot join the B group by purchasing banking shares. Banks route their profit through (often international) investments that small shareholders don't benefit much from. This is quite obvious, natural behaviour, to reduce taxes.
-----
+===What is the solution?===
-'''What is the solution ?'''
 * if people start to use their brain and wake up: private creation of money must cease! Reserve Ratio Requirements must be fixed
@@ Line 79: / Line 78: @@
 * tax laws must change:
 ** instead of taxing the poor (with income tax and stupid corporate taxes) transferring wealth from poor to the wealthy,
-** company shares must be debased by the goverment, distributing a small part of the wealth every year among the people. This is necessary, because even without private money creation, there is a (much slower) concentration of wealth that must be balanced
+** company shares must be debased by the government, distributing a small part of the wealth every year among the people. This is necessary, because even without private money creation, there is a (much slower) concentration of wealth that must be balanced
-* crypto-anarchy will be a huge help to those who understand the problem first: even if most of the population stays brainwashed. This unavoidably happens during the evolution towards the next system
+* [[crypto-anarchy]] will be a huge help to those who understand the problem first: even if most of the population stays brainwashed. This unavoidably happens during the evolution towards the next system
-* btw, complete lack of hierarchy (==anarchy) also benefits the extremely rich and powerful. Collectivism also. There is a window in the middle for a reasonable government with lightweight budget, but important tasks. It is law that got perverse by today (while we were not watching carefully). Not the idea of a government that enforces the law.
+* btw, complete lack of hierarchy (==[[anarchy]]) also benefits the extremely rich and powerful. Collectivism also. There is a window in the middle for a reasonable government with lightweight budget, but important tasks. It is law that got perverse by today (while we were not watching carefully). Not the idea of a government that enforces the law.
@@ Line 89: / Line 88: @@
 * '''Monetary reform movement is catching up:''' http://www.moneyreformparty.org.uk/
 * New monetary system is born. Technology helps: http://www.p2pfoundation.net/Category:Money
-* [monetary system]
+* [[monetary system]]
 [[Category:Economics]]

← Older revision	Revision as of 15:41, 22 September 2008
(No difference)

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 Currently, almost all money is created by private banks, worldwide.
 Only a small fraction (because of the low Reserve Ratio Requirements) of money is created by central banks (private in the USA [[Federal Reserve]], state-owned in UK and most other countries ).
-Money is created as debt in a way that cannot be paid off. Without debt toward private banks (that created most of the money in circulation), the money supply would drain up. All money would disappear from the system. This forces people to get new loans, escalating the unescapable debt-spiral.
+Money is created as debt in a way that cannot be paid off. Without debt toward private banks (that create most of the money in circulation), the money supply would drain up. All money would disappear from the system. This forces people to get new loans, escalating the unescapable debt-spiral.
 The method for money creation is the money multiplication process that you can read about in wikipedia or other sources. It is just the case that '''most sources do NOT explain how this system transfers ALL WEALTH OF THE WORLD to the private beneficiaries of money creation'''.
-If this sounds too farfetched (as it likely does, to most people), try to show how this can be prevented without important changes (that are certainly not impossible, but not going to happen either, without our intervention): see [[Monetary Fraud Model Award]]. That way you can either reject the MFM model (substitute with a better model) or you can understand the problem and get a better picture of the direction society should progress into.
+If this sounds too farfetched (as it likely does, to most people), try to show how this can be prevented without important changes (that are certainly not impossible, but not going to happen without our intervention): see [[Monetary Fraud Model Award]]. That way you can either reject the MFM model (substitute with a better model) or you can understand the problem and get a better picture of the direction society should progress into.
 '''People (falsely) believe they are able to keep their wealth by producing more. In reality they are losing all their wealth (and influence), until they realise this monetary problem cannot be cured by fiscal methods.'''
@@ Line 29: / Line 29: @@
 * '''interest payment (to B !) related to production involving NonBwealth reduces NonBwealth and contributes to Bwealth'''
-This inevitably transfers all wealth to Bwealth. Try to make a model that prevents this ! You can '''use ANY numbers you think appropriate'''.
+This inevitably transfers all wealth to Bwealth. Try to make a model that prevents this !
 * how much money should be in the system ?
 * how much to produce ? GDP, NDP ?
-* how much percentage of GDP should we spend on interest on money created as loans by B ?
+* what percentage of GDP should be spent on debt pay-off ?
-TODO: example spreadsheet to see how wealth is transferred.
+You can tune this or create your own model, more complex if you like (eg. add multiple currencies and import-export).
-You can tune this or create your own model. Bwealth was probably around 20% of world wealth on 1913 December 23d (when most congressmen left for xmas and the corrupt minority voted yes on the Federal Reserve Act crime). Bwealth is probably 80% now, although the example starts a bit more optimistic. It does not matter: the final result is the same !
+Just a guess, Bwealth was probably around 20% of world wealth on 1913 December 23d (when most congressmen left for xmas and the corrupt minority voted yes on the Federal Reserve Act crime). Bwealth is probably 80% now, although the example assumes it is 60% at this time. You can change it to start from 0%, it does not matter: the final result is the same !
 You can make the model more complex if you like.
 * The laws, most notably related to taxes and government spendings are biased to aid this wealth transfer (Bwealth actually benefits more from government spendings, and taxes less, eg. using offshore).
-* The efforts (biasing laws) behind NonBwealth are not near as efficient as those behind Bwealth: the proof is the existance of this fraudulent money (and tax) system
+* The efforts (biasing laws) behind NonBwealth are not near as efficient as those behind Bwealth: the proof is the existance of this fraudulent monetary (and tax) system
 The interest is payed: