Money is different from any other commodity as it has a production cost of practically zero (if I have to print one million
/£/$ I can print a thousand
/£/$ more and pay the costs of the workers and raw materials). Auriti then wondered: what is it that increases the value of a banknote from 0 to 100
/£/$ (in the case of a banknote of 100
/£/$)? He thus discovered the
induced value of money
/£/$ are nothing more than just pieces of paper that banks print without any gold backing (abolition of the Bretton Woods System, 1971) that acquire value because the community, by convention, decides to give them value. In short, it is the people who give value to money, but it is the banks that, issuing and lending, unlawfully appropriate this value; and they charge an interest as well. Every year, unsuspecting citizens are obliged to pay taxes to pay interests on a debt that should not even exist, and every year thousands of businesses go broke, while we tighten our belts and the international bankers dilate their own. Do you understand now why we are all bankrupt and where the
Understanding the solution:
The currency is the unit of measure of value as the meter is the unit of measure of length. Each unit possesses in itself the properties of the quality that they are to measure; as the meter has the quality of length, so the currency has value. Thus, there are two types of wealth: the real wealth (objects, artefacts, consumer goods) and the monetary wealth (the amount of money required to measure the real wealth). Let us take an example: if in the world today there are real assets amounting to one billion
/£/$, in the world it must also exist a billion
/£/$ in currency. (NB: not a billion and one hundred million because, otherwise the currency depreciates, and not even nine hundred million, otherwise we would lack the money to buy the goods that inevitably remain unsold). To create the real wealth we need to work, while creating the monetary wealth does not need any form of work. In order to create monetary wealth it is only needed that every single citizen accepts, by convention, to give value to pieces of coloured paper. These considerations point to an obvious paradox: while the real wealth is owned by those who create it by working, monetary wealth is owned by all who create it by accepting it. Returning to our example, if a billion
/£/$ of real goods is proportionally distributed among the workers, one billion
/£/$ has to be distributed similarly to each individual. Currently, one billion
/£/$ is distributed only to the owners of the central banks, who lend it to the citizens, indebting them of what should be theirs. We only want what is rightfully ours! We want the bankers no longer owners of the wealth we all create! We want that wealth no longer be indebted to us! We want that wealth equally distributed to every citizen in the form of Citizenship Income without distinction of any kind such as race, colour, sex, language, religion, political or other opinion, national or social origin, property, birth or other status!
Any State, by constitution, is sovereign in its territory. Currently all States have ceded monetary sovereignty to the Central Banks. Reclaiming monetary sovereignty would mean zeroing the illicit public debt and seizing the income arising from the issue of currency. Zeroing the public debt would eliminate most of the taxes that we pay today to repay the interest on the debt.