posted on Sep, 19 2008 @ 09:28 PM
it is really amazing that in our world we have the possibility that some individuals would inherit billions hourly wages.
I guess that step number one would be to not allow someone to inherit more than the equivalent of a life-time of average wages .
Then the second - money should not be created from nothing as the FED is doing now.
Long time ago , when your $ bill was invented, actually it used to represent an equivalent quantity of Gold somewhere in the bank. Something like this
should be re-invented, and in my opinion the energy is already the currency of the World.
For example: if I discover 1 million barrels of petrol in my garden , then i start making 1 million papers with the promise of a real barrel for each
paper. Can I spread 1 billion papers now? well, the actually the modern banks do work like this! So I would have to actually sell only what I
have.Sure, this would make the middle East as the world bank over the night - but this actually happens ! $ is not power, but petrol is power!
the good news - you could also produce your own money - like my petrol is over, then I could produce electricity using wind turbines installed on my
This would bring the price of energy up, and at a point it would represent 100% of our expenses! but the reality is that 100% of what we have is
produced by some form of energy