Monetary reform by We The People – we can’t leave it up to banks and politicians
- By : JanssenReportHost
- Category : Banks, Central Banks, Global Economy, Money, Society
This Report was recorded on February 18th on the plane from Frankfurt to Mexico City. Due to major upload problems in Acapulco it took multiple days to get it up.
In this “feature report” I touch upon the fact that we can take matters into our own hands: we can reform the way we use money (or: currency) ourselves.
I also provide a brief introduction on the Anarchapulco conference that I am attending in Acapulco, Mexico. I go over the major turbulence we’ve seen in the global equity markets in the beginning of the year, which may be the beginning of the next global crash (or global depression?).
In Europe the interest rate policies are targeting further negative territory. What about the US? Considering the turbulence it doesn’t seem to be favorable territory for the current slightly positive rate, so will we see the Federal Reserve lower the rate back to zero again? I think we may actually see negative rates in the US later this year.
Although commodity prices have been plunging (oil, iron ore), gold and silver have been rising. These metals are still the safe haven we can turn to. I recently purchased a few more 1 ounce silver Maple Leaf coins.
There are also other things you can do, such as adopting the use of alternative currencies like Bitcoin or setting up a new monetary system yourself that circumvents the banks. Although this sounds ‘big’, it is certainly possible to do so. I recently became a board member of the Florijn Foundation. The Florijn is currently rolled out in the Netherlands and it is interest-free currency primarily based on mutual credit. I will get into the gist of the system in the near future. In the mean time you can check out the blog of founding father and fellow board member Anthony Migchels: www.realcurrencies.com.
Watch this feature episode of The Janssen Report here:
Better be ready for the times ahead of us.
Cheers,
Marco
The Janssen Report