a reply to: calstorm
I agree that one should have to invest serious effort into sourcing ones own food for themselves!
However on the issue of land ownership, annual rates, a human right to be housed [it is about decency ok] and what machinations, like the banking and
legal systems, we have set up for ourselves, for our kids and our fellow human beings is neither reasonable or consentious.
Example, in Australia there is currently a housing shortage, especially public housing, and the Government, regardless of party affiliation, do NOT
want to build a sudden influx of houses as it is a supply and demand issue and many Australians have their entire dreams and lives wrapped up in and
around their mortgages ... and this means that they are willing to keep supply in high demand to keep propping up the housing markets property values
so that the economy doesn't take a radical shift.
Expanding on that example ... Say if the Government pulls its finger out and does something and announces a proposal to build 1million new public
housing houses in the next 5-10yrs ... suddenly the house building contractors have a boom time and simultaneously property values markedly contract
and decline due to the new level of supply ... this means less $$$ for those selling their homes for whatever reasons and also less collateral when
comes to negotiating loans with the banksta's and loan sharks who also don't want their equity in the collateral diminsihed. It would also affect
the rental market and some people live week to week on the margins of the rent they collect from being landlords!
Too many are invested against changing the status quo!
But some of the pro's of such a proposal would be that we, our kids and our fellow human beings would be able to rent and or buy cheap houses
requiring a smaller loan and therefor less indebtedness to the system and gaining self security in the form of 4 sure walls and a solid roof over ones
head and land to grow ones own food upon.
This real sense of security i.e. having a private space like a bedroom and the access to amenities such as running hot and cold water, electricity and
gas etc. stops a lot of stress and situations that lead to things like crimes of need or extremely deteriorating medical conditions including ones
mental health and social standings.
Now it has just occurred to me that the interest rates would also probably become steeper as a consequence of the lower property values ... basically
stuff on the banks books that they use to get loans with from even bigger banks and financial institutions like the government of a nation etc. who in
turn look to the IMF and the World bank for bailouts who just print the cash in the short mid and long run to keep the fiat system greased up like a
hog high on the fat!
That stuff, being valued less = less money coming in = make more loans = less real money in the bank and more fake money via the fiat systems magic
wand of hey presto free electronic money = higher interest rates as there is less REAL money in the banks to support giving out loans directly and
banks must keep a certain % of REAL money on hand at all times ... just in case of bank runs.
Now people all over are invested in that system, via the stock market, from pensioners and baby boomer retiree's to the likes of George Soros and the
Koch Brothers and also the Government via the bond market.
All are shareholders and all are invested in the outcomes literally.
Simply doing what is right means a radical overhaul of thinking when money can simply be printed by those in power.
I think the crux for me seems to be that banks rely on REAL money to do certain things with and loans with electronic money seriously curtail
what the banks can and can not do!