Howard Switzer
2 min readApr 10, 2022

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Stuart, you have correctly identified capitalism as the problem and it is their money system that needs to change, eliminating money will only cause depression, as Jackson found out. Capitalism is the 'private control of money' and the banks issue it as a debt for profit when they make loans. That is how all money is created, by private banks for profit, not by the government for the general welfare etc. As such, capitalism is a parasite on the back of free-enterprize, extracting the wealth, and should not be conflated with it. Money should be issued exclusively by the government as a debt-free permanently circulating asset spent into the economy for the general welfare. You correctly identify the power aspect of money, one of the two roles of money that Aristotle pointed out, 1. an exchange medium, 2. an instrument of power able to disrupt the market. Debt-money concentrates wealth via compounding interest and drives predatory growth by only creating the principal when the loan is made, the interest then must come from the principal of another loan, this creates pressure on paying the interest on your loan. This is also why there is way more debt than there is money. The debt-money system breaks down every 10 years or so and when it does there is a wealth transfer upward as real wealth collateral is capture in the defaults. A transparent sovereign money system empowers full employment and properity. Sovereign money is the only money that has ever served the people instead of being their master. I resonate with your goal and it relies on changing human behavior. Changing the money from a private for-profit system to a public for-care syystem with have profound psychological consequences, reversing the devastating consequences of the debt-money system. CHANGE THE MONEY, CHANGE THE WORLD. monetaryalliance.org

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Howard Switzer

Howard Switzer is an ecological architect and monetary reformer in rural Tennessee.