Banking, the money supply and Community

Banks were originally an agency for the means of exchange. Money was and still is nothing but a commodity to facilitate the exchange of goods. Communities need to be able to work to provide for themselves. Goods arise from the activity of a community. Work is not onerous. It is a word which describes the activity of a community that gives rise to goods and services in a variety of forms. These include staples such as food, housing, roading, factories, warehousing. There is nothing wrong with any activity that facilitates human life on this planet. Music, art and literature in all its various forms are also goods and services and are just as basic to a human being. Human beings are very sophisticated systems which house the human Soul. They house that which is ultimately that which life is all about.

The problem that has arisen is that it has been discovered, and governments have colluded in this, that it is possible by one means or another to sabotage the system of exchange and get rich on the money supply. Which while a possible action, is a more than slightly unintelligent action for a community to indulge in because, profiting from the means of exchange in a community drives up the cost of all the basic and necessary community activities that allow a community to thrive. It is a little like slicing the arterial system in the human flow of blood. Siphoning off the blood enriches those smart enough to do it but slowly bleeds the community to death. The reason those in power allow this to happen is because many of them are there at the trough. All that needs doing to manage the problem and restore the health of a community is to stop by law the ability of people to treat the means of supply - money as a commodity. It also probably requires some regulation around monopoly around goods by withholding them from the market or cornering control of them as both these actions unnaturally raise the price of goods. Government should be by consensual agreement of an appropriate number of individuals and there should be laws against collusion or in other words parties. Money should be removed as an impediment to public office so that any individual be able to serve. The ideal is that service be more like jury duty a requirement of citizenship and that compensation be made so that nobody suffers in being required to serve their country. On the other hand there might be strict rules about profiting from public office.

Community is equal and does not require wealthy individuals to build large assets. The requirement of larger capitalisation can be the result of agreement for something of benefit to community. This is not socialism this is a form of non-competitive capitalism.