Monetary Systems and the End of Society
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About this ebook
A short paper on why our current systems based upon currency models cannot be maintained over long periods of time and do not provide long term, consistent, and valuable results. These systems based on weak assumptions can only result in chaotic failures of a society to have a meaningful purpose and to endure over time.
James P Hutchinson
Mr. Hutchinson lives in Gallup, New Mexico. Over the years he has had the opportunity to live in eight states and traveled to many of the remaining. This has provided the joy of variety of people and places that have contributed to a diverse view of the world which aids, or contributes to his writing. So many stories start with something learned whether it results from the people we meet or the things that we encounter each and every day.A curiosity about the world in general and an obsession about our daily existence makes for a variety of interest. The smallest of details often seem of little importance but are often the piece of a larger puzzle.
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Monetary Systems and the End of Society - James P Hutchinson
Prologue
We live in a world where most things are measured in size. Bigger and more is better!
Worth
is valued in dollars or yens or some other currency. Like the difference between a yard and a meter the primary method creates significant error as it expands. Current society is not satisfied unless there is growth
. Economies are lost if there is not growth
. How do we measure growth? Dollars and cents and percentage increase over the previous years. Decline is bad! Staying the same is terrible! If we have to raise the wages or the prices to make bigger numbers it will make us feel better about ourselves!
No matter that more people might live in need or that fewer people hold wealth. As long as the numbers reflect growth all is well.
Bad news folks! Nature challenges us to show it one thing that never stops growing or that has unlimited resources. As our fuel runs low the prices rise. As our life giving water supply becomes low we must find ways around the issue so we can have our drink and our luxury. Even global endeavors face the limits of our world. Can we reach the stars before the limits are reached?
Once we accepted the monetary systems to value our productivity and our worth society abandons important values and risk losing what is of most value. Small business that proudly employed a few is replaced with multi-national corporations that employ thousands. At first glance this sounds like a good thing. But what happens is not always that. When we expanded our banks to huge corporations with investments worldwide the result is groups that do not always understand or manage the environments that they operate. When a small bank fails it hurts. When a world bank fails it can take down much more.
Worse yet is the impact on the individual. The original small shop owner worked hard to make it. Success might be the ability to employ others and perhaps help his community. Sure that might be self-serving but there was a sense of pride and commitment created by hard work.
Today most people work for large corporations. The people on top might know the number they lead but not the names. With the exception of the few at the highest