Free the Money

Our current privatized monetary system is unconstitutional and has enslaved whole nations of people for power and profit through debt. We must replace it with a Public Monetary System that issues money as a public asset for the needs of people and planet. This is a key leverage point for funding a Green New Deal that; rebuilds local economies (social justice), closes the nutrients/materials loops (ecology), defunds war (peace), engages the people in self-governance (grass-roots democracy). Those who control the money control the media, public opinion and public policy, which means our most important collective decisions are being made by only a few.


Showing 16 reactions

  • commented 2015-12-28 09:21:52 -0800
    There is no more wacko a system than the money system currently in use, a privatized system that systematically creates poverty for the majority of humanity while enriching the few who control the system. This is what using debt for money does, while enslaving whole nations to a debt schedule. There are 3 important reforms, each of which is in the GPUS platform, the same 3 reforms in HR2990 that Kucinich introduced in 2011. Check it out here: http://www.monetary.org/ Because most people are ignorant of what money really is and how it works, enemies of reform call it wacko so they won’t study it. Of course rationality is not exactly rife among the US population but I meet more and more people who do understand money, thanks to the internet and some people’s search for real solutions. Monetary System information has been severely suppressed over the years, absent from our education system, even for economists, much to the benefit of the elite. The structural flaw in this system has been exploited for personal gain and is at the root of every crisis and problem we face today. It is THE political issue, the most basic of issues because politics is about power, and money trumps politics because money IS power. Any government that does not create the money for its economy is controlled by those who do and this is what we have. This should be obvious but there is a lot of cognitive dissonance out there. The monetary history really tells the tale of how we got into this mess and we will not get out of this mess until we understand the mechanism of money that got us here.
  • commented 2015-12-28 09:21:50 -0800
    There is no more wacko a system than the money system currently in use, a privatized system that systematically creates poverty for the majority of humanity while enriching the few who control the system. This is what using debt for money does, while enslaving whole nations to a debt schedule. There are 3 important reforms, each of which is in the GPUS platform, the same 3 reforms in HR2990 that Kucinich introduced in 2011. Check it out here: http://www.monetary.org/ Because most people are ignorant of what money really is and how it works, enemies of reform call it wacko so they won’t study it. Of course rationality is not exactly rife among the US population but I meet more and more people who do understand money, thanks to the internet and some people’s search for real solutions. Monetary System information has been severely suppressed over the years, absent from our education system, even for economists, much to the benefit of the elite. The structural flaw in this system has been exploited for personal gain and is at the root of every crisis and problem we face today. It is THE political issue, the most basic of issues because politics is about power, and money trumps politics because money IS power. Any government that does not create the money for its economy is controlled by those who do and this is what we have. This should be obvious but there is a lot of cognitive dissonance out there. The monetary history really tells the tale of how we got into this mess and we will not get out of this mess until we understand the mechanism of money that got us here.
  • commented 2015-12-25 11:29:25 -0800
    The biggest challenge that this suggestion faces (other than opposition from the entrenched capitalistic powers) is that ordinary people would likely be suspicious. For the past 50 years of my paying close attention to public policy issues, I have seen various wackos float various wacko allegations about monetary systems and propose various wacko schemes. The status quo might be bad, but people are used to it and are skeptical of radical accusations and radical proposals. If we were to advance this suggestions, we would need to be VERY CAREFUL to avoid being labeled wacko. We would need to present a critique of the status quo that is VERY CLEARLY UNDERSTANDABLE and propose a VERY CLEAR, REASONABLE ALTERNATIVE that ordinary people could easily understand and support. Otherwise, the Green Party would be marginalizing ourselves into wacko territory.
  • tagged this with somewhat important 2015-12-25 11:29:25 -0800
  • commented 2015-12-14 08:01:09 -0800
    The privatized money system has been operating for centuries, the American Revolution was one of the only significant challenges to it. Monetary reform has always been attacked and derailed in several ways; that reformers are conspiracy theorists, that money is a precious metal, that it is a right-wing only issue, that government cannot be trusted, that public banking will solve the problem. These strategies have been employed in various ways for centuries to keep the money under the control of private institutions.
  • commented 2015-12-14 07:47:01 -0800
    We should understand and then educate others on the mechanism that creates 400 billionaires who have more wealth than the bottom 190 million people, the privatized money system that concentrates wealth systematically. To ignore this or to imagine it is not important one might as well vote for the corrupt D&R parties because they are supporting the status quo.
  • tagged this with not important 2015-12-14 06:58:22 -0800
  • commented 2015-12-13 18:27:11 -0800
    Knowing and sharing the truth about how the global monetary system works does not make us look like conspiracy nuts, rather I would think it would make us look intelligent. Only those ignorant of how it works and are too lazy to find out would think otherwise. We simply advocate that it work the way people believe it does work. Most people believe the government prints the money and that banks lend out existing money. I agree with you completely, Brendan, that we should not say “Nationalizing the FED” as it makes us sound like “commies.” I want to change that phrase in the platform just as you suggest. After people saw how the banks were bailed out and then paid themselves huge bonuses and used the money to speculate further, after EXXON is exposed covering up the truth about what they knew about climate change and funded liars to sell the opposite view, (this list could go on and on) …do you think people don’t believe there have been some conspiracies involving money?
  • commented 2015-12-13 15:04:00 -0800
    The public already has strong, though erroneous, beliefs on how our monetary system works, so done right making a new meme around this could be one of the most powerfully transformative actions we take. Any potential meme suggestions?
  • tagged this with very important 2015-12-13 15:03:59 -0800
  • tagged this with very important 2015-12-13 12:52:30 -0800
  • tagged this with very important 2015-12-13 12:51:52 -0800
  • tagged this with very important 2015-12-13 11:33:55 -0800
  • commented 2015-12-13 11:31:10 -0800
    While I do agree with nationalizing the Federal Reserve, the reality us that this makes us sound like conspiracy nuts. Phrase it like put the Federal Reserve under the oversight of the Department of the Treasury. But this needs to be at the back of the platform.
    The fact is that it easily turns people off from the Greens and towards the Democrats.
  • tagged this with not important 2015-12-13 11:31:09 -0800
  • published this page in 2016_strategy2 2015-12-13 10:45:45 -0800