In my previous post, I mentioned that you should save your money in a credit union, rather than a bank. This is because of several factors, but mostly, because savings and loan banks were actually designed to transfer value from the middle class to the rich, in order to deplete the capability of the middle class to reform societies from imperialism into profitable capitalism.
Thus, a double-speak was created which prevents those banks from acting with the sensitivity which one would find in a credit union. Credit unions are co-operatives which work with their members for mutual benefit.
Continue reading “The Venture Bank”
When you take out a “loan” from a commercial bank, that money is created on demand. It is not “recycled from savings”, as it would be at a credit union or if you were taking out a loan from a friend.
If all goes well, and you repay the loan, then full sum of the interest, and any fees associated with both loan and any current accounts held at the bank, then the bank has made a profit on paper, but society has made a loss. The banks destroys all of that money, rather than recycling it.
Not only did you lose the excess of interest and fees, but that money is now no longer within the money supply.
In fact, the money supply of the current world economic system, based on “imbalanced fractional reserve banking”, has two main flaws:
- The creation of money is only done by loans
- There is no difference in treatment, between created money and earned money
As a result, the banks generate a type of “basic income”, or usury, from this process.
Continue reading “The Basic Income of Commercial Banks”
The power of “faith” is very strong, even if that faith is held in a false hope.
For example, if you think that you will get paid on Friday, and you work from Monday to Friday, but then your boss tells you “sorry, I’ll pay you Monday, instead…” then you worked for and by faith for the whole week, but that faith turned out to be based on a falsehood.
Continue reading “False Faith”
It seems that, by accident, we have neglected saying anything.
We can blame sickness, but it was more than that… it was, also, taking time to come to grips with how much work has to be done, and how different it is to be enlightened, and what the implications are for personal and professional growth.
Continue reading “Returning Shortly”
This is a modified copy of another post, but I’ll explain the modifications in the postscript.
“The world is full of suffering.
It is also filled with overcoming it.”
Keep Holding on! Stay Strong. You were meant to live your life your way.
Hold on because we only lose in life, if we lose ourselves.
If we don’t love ourselves, we won’t keep pushing to gain ourselves.
If we don’t keep pushing, we won’t continue to enjoy life now, nor will we enjoy the process of reaching our fulfillment.
Continue reading “You Can Thrive”
[…] in an environment which is hostile to truth, most people who know the truth will simply become silent.
That is a quote from one of the publications which I am currently editing.
However, there is a state beyond silence: rebirth and leadership.
Continue reading “Darker Eras of Greatness”