Radical change of the financial system urgently needed

Starseeds – Welcome to Planet Earth Forums General Articles Radical change of the financial system urgently needed

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    Shunyata
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    I’m just selling one of my flats – the price is high and the interest for the buyers amazingly low, just 2.79% fixed for 25 years! That’s ridiculously low for a compound interest system, and just proves that the current monetary paradigm – money being created by central banks and coming into circulation solely as debt, with compound interest charged on the debt – is an exponential function which must soon break down.

    I’ve been active on the alternative currency front for some years, including being the co-author of the concept Regional Economic Communities. It’s not easy to overcome the predominant mentality and get fundamentally new systems up and running, so I feel that a very good thing for all starseeds to engage in is alternative currency and barter exchange systems. What do others think, what are you engaged in?

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