Society 2.0 – Entering a World Without Money

Franz Hörmann

WHAT‘S WRONG WITH OUR MONEY?

Money today comes into existence as the

debt of private banks, bearing an interest!

When banks grant a loan, the money didn‘t exist before, it‘s not already existing money being lent, it‘s money newly creating in the process of granting the loan (credit money, fiat money)

WHAT‘S WRONG WITH OUR MONEY?

In the beginning people used cattle or

sheep as money.

They lent a herd of cattle, e.g., and later returned it including the newly born calfs this was natural interest!

WHAT‘S WRONG WITH OUR MONEY?

Banks only create the money of the loan –

never the money to pay interest!

The money for interest doesn‘t exist in the total money volume – this is the main reason for „competition“ in our real economy, we must take away money from one another to pay interest to the banks, because the banks never created the money to pay interest!

WHAT‘S WRONG WITH OUR MONEY?

Our money has no value – it isn‘t backed

by anything, it‘s just debt! (No gold coins!) It‘s just bits and bytes in the computers of the bank.

But still we treat it as if it were valuable (banks demanding collateral by their customers)!

WHAT‘S WRONG WITH OUR MONEY?

If we can‘t repay capital + interest of the

loan – we loose our collateral expropriation (foreclosure).

… money without value, demanding interest when no money for interest has been created??

WHAT‘S WRONG WITH OUR MONEY?

Our worthless money is a cricular argument:

Bank (A)

Bank (B)Bank (C)

A

BC

Bill (100)

Loan (100)

Bill (200)

Loan (200)

Bill (300)

Loan (300)

Bill (400)

The Credit-Circle: the way how our economy is run

HOW CAN WE FIX IT?

DEMOCRACY STARTS WITH A DEMOCRATIC MONEY

SYSTEM!

HOW CAN WE FIX IT?

New definition for Money:- A rule to distribute goods and services

among people

- 2 Problems: Production & Distribution

- We must not mix them!

HOW CAN WE FIX IT?

HOW CAN WE FIX IT?

HOW CAN WE FIX IT?

Another new definition for money:

- Money is the user interface between an individual and society.

User interfaces today can be individually adjusted!

Resources, Knowledge

Frontend, Money System

Money is the User Interface between an

Individual and the Society

HOW CAN WE FIX IT?

LET‘S WORK TOGETHER – CHANGE THE GAME!

FOR THE FREEDOM OF CHOICE

OF OUR SOCIAL USER INTERFACE!