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What Would Society X EQ Look Like?

Or not look like



On this wee's Authencial Intellemotionce podcast I'm talking about what a society with EQ embedded in the fabric might look like. And also what we wouldn't be tolerating.


Something I keep coming back to since learning about the reality of the economic and monetary system, is that it lies at the heart of most of the problems facing most people today and yet most people don't even know what it is.


I'm not going to pretend to be an expert - let's face it, there's enough of those around on the internet! But I am going to share, in a nutshell, what I have learned and point you to a resource that I believe is the number 1 place to get yourself up to speed on why you're complaining that everything is so expensive, why you don't have as much disposable income as you used to, why you're nervous your children won't be able to buy themselves a home (and why there's so many who can't today and are being fleeced by overpriced private landlords and 'build to rent' asset management corporations), why there's more people using food banks and the step you can take to get ahead of 99% of the population (like I am trying to do!).


So. In a nutshell...what is the economic monetary system and why is it that, 'the rich get richer and the poor get poorer'?


Because the system we live in is built on 'fiat currency' not money. What is that and why is it so bad?


The fiat currency system was introduced to the world 'temporarily' in August 1971 by President Richard Nixon when he decoupled the US Dollar from the gold standard. Because the US Dollar was the global reserve currency, this took every country off of the fold standard and onto a fiat system.


This fiat system, means that the quantity of currency in circulation is not controlled and so it can be printed (or typed) into oblivion by central bankers. Really? Yes. Really.


Imagine if you or I could print as much paper, aka cash, and start using it to buy yachts and homes and supercars and private jets, and then also give it to friends so they could all do the same. Wouldn't that be nice?


Well, only if it didn't affect everyone else in the world!


When currency is created, it devalues, or debases the currency, because, by it's very nature, when something is in abundant supply, it's value goes down. When there's only one of something, like the Mona Lisa painting, or a particular part of the world with a stunning view and you want to build on it, then it has real, inherent value and it will store that value no matter what - which is the prime difference between real money and currency. Real money is a store of value because there is a limited supply (gold and silver, or, the modern day version - bitcoin).


When the currency supply goes up, it inflates the amount of currency in circulation and the consequence is that prices go up to soak up the devalued currency. Get it?


It's not that prices are going up because there's less of it, which is what a controlled money supply would create.


And when governments get involved in this system, they help to facilitate the transfer of that currency to the bank accounts of the people who have a vested interest in maintaining wealth and control.


What we have is essentially a legalised system of fraud.


It is the reason there is a cost of living crisis and is the reason many people are struggling to live a decent standard of living. Inflation is essentially a hidden tax on us all.


I talk about this more on Episode 5, as well as Episode 3 of the podcast.


And here's the link to the absolute gold standard of information about the 'Hidden Secrets of Money'.


Would Society X EQ tolerate such a system? I doubt it.


To peace and prosperity


jaxx


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