Saturday, April 29, 2017

UBI - A Second Coming Revolution


Celebrate when you first hear of it, then shout it from the rooftops to help make it so!  An enlightened revolution is at hand which promises to transform the very nature of our humanity.  Universal Basic Income is finally coming to the earth.
 
Those who envision a more perfect world believe the implementation of a Universal Basic Income will herald the end of the dark age of modern civilization - as the power to control the world's money supply is finally wrestled from the hands of private bankers and placed into the hands of enlightened democratic governments.

If you take the time to read this short essay you should come away with a clear understanding of why implementing a Universal Basic Income worldwide has become an absolute necessity at this particular moment in time and how its implementation will dramatically reshape the world for the better.

Henry Ford Sr. once said, " It is well enough that people of the nation do not understand our banking or monetary system, for if they did, I believe there would be a revolution before tomorrow morning."   Indeed, it is time for everyone to fully understand our grossly immoral and highly ineffective monetary system - the primary cause of all senseless human suffering in the world.

What is UBI?  Universal Basic Income is a set amount of monthly income given freely to every adult citizen  - enough income to cover the basic necessities of life - food, shelter, clothing, medical care, etc - to be based on the current minimum acceptable standard of living of any given area in the world -- a basic income that acknowledges the intrinsic value of every human being, regardless of their current situation or station in life.

How will UBI be paid for?  Enacting UBI will require a simple but elegant change to the world's current monetary system.   UBI will overturn the 'immoral' aspects of our current monetary system.   Specifically, Universal Basic Income will become the new method by which all NEW money is allowed to come into existence in the world.

To fully understand the power and promise of the Universal Basic Income one first needs a basic understanding of why our current monetary system is such a grossly 'immoral' system and therefore 'logically' a system destined to create ever-expanding economic inequality  - which in turn promotes civil unrest, crime, hunger, war, etc.    Perhaps you have heard the old saying, "Money doesn't grow on trees".   True, money doesn't grow on trees, it is instead created out of thin air, by a system known as Fractional Reserve Banking.   Fractional Reserve Banking is the current means by which all NEW money - money that never existed in the world before - comes into existence.   It is this aspect of the world monetary system which is 'immoral' and must be reformed in order to facilitate economic justice in the world.

NEW money is currently only allowed to come into existence through the creation of NEW debt - through a process known as Fractional Reserve Banking. Private banks have been granted, by world governments, the God-like power to create NEW money.   Citizens borrow that newly created money from banks and then spend it into the economy for whatever purposes they have chosen.   But that NEW money - money that never existed until someone borrowed it  - must ultimately be paid back to the banker - along with interest.   So bankers ultimately become the actual OWNERS of all NEW money being created in the world today.   The general population benefits from the newly borrowed money being spent into the economy but only bankers are allowed to OWN that NEW money once it comes into existence.   This is the sole reason why economic inequality in the world continues to escalate - with no end in sight - because only bankers are allowed to own NEW money.

NEW money must be injected into the world economy daily in order for our economies to function and expand.   However, it is immoral, as well as counter-productive, for bankers to become the owners of all newly created money.   Using UBI as the method for injecting all NEW money into the world's economies is the only truly 'moral' method for creating NEW money - making the general population the true owners of all NEW money, rather than just private bankers.
  
Implementing UBI will also prove to be the most effective way to manage and expand the economies of the world.   Developed nations do not need, nor can they continue to sustain, vast sums of NEW DEBT in order to stimulate and maintain their economies.   Developed nations don't need NEW DEBT - they need populations with adequate and predictable quantities of money to spend - which in turn will cause existing industries to prosper and expand globally - ultimately bringing prosperity to the entire world.   Banks don't need to be further capitalized by repayment of debt along with the interest they charge - banks need to be capitalized by increased deposits  - which UBI will provide.

As the world's established industries become more automated the trend will continue to be the loss of well paying jobs - particularly in the highly developed areas of the world.  However, UBI will serve as the catalyst for another phenomenon which will help address the issue of job loss and wage decline.  UBI will facilitate the birth of a much more 'humane' form of capitalism.   Voluntary Capitalism (True Capitalism) will begin to augment and eventually replace the current version of 'Forced Capitalism' currently practiced in most of the world.    Voluntary Capitalism is capitalism born from an individual's desire to provide some unique product or service to the world - but without the dire need for the high degree of monetary success currently necessary to sustain the existence of a modern capitalist enterprise.
 
Consider the millions of family run businesses that have been lost in developed nations in the last century due to an inability to 'compete' with huge multi-national corporations.   Many of these small businesses would still be in existence today had UBI been able to augment the incomes of those small business owners.   Many people have a strong desire to work for themselves, to be unique independent productive members of society.   However, the need to 'compete' and maintain a high level of monetary success has deprived many of their ability to work in the professions of their choice.  The loss of small family run businesses in the developed world is a 'cultural tragedy' as well as an economic tragedy.   Family run businesses knit families and communities together and create the ideal atmosphere for raising children to be blessed with hope and optimism for their futures.  UBI will provide the income foundation necessary for everyone to pursue the profession of their choice and will restore financial and cultural health to our communities.
 
It is perhaps impossible to list all the benefits of UBI because the implementation of UBI will alter the very nature of our humanity.  When the struggle to 'just survive' has finally been lifted from the shoulders of the citizens of the world the mental health of the entire world will be elevated - we will become much more empathetic human beings and this will inspire the type of cooperation necessary to achieve things currently deemed impossible.

When will UBI be implemented?

There will be great resistance offered by powerful forces to keep UBI from becoming a reality.   Disinformation, fear and perhaps even force will be deployed to try to stop the implementation of UBI.   UBI will be called 'unfeasible' by the ruling banker class through their puppet politicians and their corporate media outlets.   Spurious arguments such as, "If UBI is enacted everyone will simply stop working", will be advanced.   Surveys have already demonstrated that when people are asked, "Do you think large segments of the population would stop working if UBI were enacted?" - those survey respondents overwhelming say, "Yes, large segments of the population will simply stop working if UBI is enacted".   However, in those same surveys, when those same people are asked, "Would you yourself stop working if UBI were implemented?", the overwhelming response is, "No, I myself would not stop working if UBI were implemented".   The truth is, It is the rare individual who does not wish to engage in meaningful work throughout their lives and the vast majority of us hope to prosper well beyond the basic necessities of life that UBI will provide.
  
Another predominate argument against the implementation of UBI will center around the belief that large injections of cash into economies 'logically' creates runaway inflation.   While there is some truth in this argument this argument ignores the fact that all forms of inflation can be regulated out of existence by any government willing to put the brakes on greed based inflation within their economies.   The only 'true' and therefore unavoidable type of inflation is inflation caused by scarcity.  Fear is the primary driver of all catastrophic inflation - when the population loses faith in the value of its own currency.
 
Inducing fear that the currency of a nation is becoming 'unstable' has always been the weapon of choice used by world bankers to retain their control over monetary policy.   So fear will very likely be the weapon of choice in the fight against the implementation of UBI.
  
Citizens of the world would be wise to heed the wisdom of Thomas Jefferson when considering any argument advanced by the banking industry opposing UBI.   In a letter to John Taylor written in 1816 Jefferson wrote, "I sincerely believe, with you, that banking establishments are more dangerous than standing armies; and that the principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale."
 
Money is a faith concept.   A world willing to retain faith in the value of its currency can and will work miracles.

Please tell your family and friends about UBI and join the enlightened revolution.  Give your political support only to politicians who advocate banking reform and the implementation of a Universal Basic Income.

A Universal Basic Income is a foundational aspect of the world as it should be.