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More Money English

More Money English

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Published by Domenico Bevilacqua
Manifesto for the monetary revolution

- Do you want to cancel taxes?
- Do you want to have a higher salary?
- Do you want a fixed income even when you are not working?

We all can:
- Cancel VAT on all products
- Eliminate the deductions from pay-checks
- Establish a Citizenship Income for all citizens

... and we tell you how we can do it!
Manifesto for the monetary revolution

- Do you want to cancel taxes?
- Do you want to have a higher salary?
- Do you want a fixed income even when you are not working?

We all can:
- Cancel VAT on all products
- Eliminate the deductions from pay-checks
- Establish a Citizenship Income for all citizens

... and we tell you how we can do it!

More info:

Published by: Domenico Bevilacqua on Oct 09, 2013
Copyright:Attribution Non-commercial

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02/04/2014

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MORE MONEY Manifesto for the monetary revolution
- Do you want to cancel taxes? - Do you want to have a higher salary? - Do you want a fixed income even when you are not working? We all can: - Cancel VAT on all products - Eliminate the deductions from pay-checks - Establish a Citizenship Income for all citizens ... and we tell you how we can do it!
 
Simply:
1.
 
Read and understand all points of this manifesto. 2.
 
Stop and think:
-
 
More and more families are struggling to reach the end of the month; -
 
The increase in unemployment forces young people to accept inhumane working conditions and underpaid jobs; -
 
Not even university graduates manage to get a decent job; -
 
The instability prevents workers to plan their future; -
 
Hectic schedules and overtime become an obligation for parents and prevent them from educating their children peacefully; -
 
Personal relationships are also strained by the economic problems that cause friction within families; -
 
The current pensions do not guarantee the tranquillity that contributions should have been ensured; -
 
The fu
ture pensioners will envy today’
s retirees.  You do not have to be brave to rebel against this system; you have to be brave to accept these conditions of life.
3.
 
Understanding the cause:
«I was bankrupt, the government was bankrupt, the world was bankrupt. Who the hell had the fucking money?» asked H. C. Bukowski just a few years ago. Today we can give an answer to the question of the American poet, a response understandable to the
“non
-experts
 because, as J. K. Galbraith said, the study of the monetary system is within the reach of any curious and moderately intelligent person.  According to the Canadian economist, in fact, the science of economics would use the apparent complexity of the subject to keep people away from the truth. A truth that could jeopardize the status quo because, and this time I quote Henry Ford: «
 
It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning». The statement of one of the greatest American entrepreneurs is not exaggerated at all if we consider that those who had understood the system had come to sue, in 1993, Ciampi and subsequently Fazio - then Governors of the Bank of Italy - for fraud, usury, conspiracy, false accounting and incitement to suicide. We are talking about Giacinto Auriti, Professor of Law, University of Teramo, who passed away in 2006. Professor Auriti had discovered something amazing and had tried to spread the news with every means at his disposal. Unfortunately, the mass media have managed to boycott his studies that today can only be found in the net of the providential web. The Italian jurist had realized that the money in our pockets is not our property because the central banks, upon issuance, lend it to us
. “Lending”
 is the prerogative of the owner; hence, central banks are the owners of all the currency in circulation.
 
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
/£/$)? He thus discovered the
induced value of money
: the
/£/$ 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
fucking
” money
ends up?
4.
 
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!
5.
 
Recap:
 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.

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