Chapter 3: The Benefits of a Common Currency De Grauwe: Economics of Monetary Union.
Toxic Economics and Solar Currency
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Transcript of Toxic Economics and Solar Currency
Toxic Economics
How it impacts your wallet, your community and the environment
Who am I and Why Am I here?
I am a mother of two young children and want to a healthy place for my great grandchildrenI’m passionate about ethical financeI’ve been involved in sustainable economics for nearly
two decades
What Are Ecosystem Services?
Crop pollination Oxygen
Climate regulation
Watershed Services
Biodiversity
The benefits nature provides
System in Crisis
90% of global ecosystems are in
collapse
Extinction rates are 1,000 x higher than
any time in fossil history.
Human life depends on healthy ecosystems
Humans are consuming and
destroying ecosystems.
Ecosystem Economic ImpactOur economy depends on ecosystems
Our economy mandates growth!
Growth is a fundamental aspect of a “healthy economy”
GDP is a measure of economic growth
Humans can’t produce value without ecosystems
To replace what ecosystems do for us, it would cost $33 trillion, nearly twice global gross product (the value of total global economic activity).
Stocks and Flows
Our fuel stocks are finite
How do we change? System Solution• Only reclaiming our
understanding will solve this• Seeing the whole system• Having courage to
restructure the systems
Blame• We have been blaming
externally• Some “solutions” have
created bigger problems• Nobody deliberately creates
the problems
Two Types of Toxic Systems
Structural
Deceptive
How to identify a toxic system:
Lack of integrity
Deception is present
Exponential growth is at the core
I was invited to a “Gifting Circle” called “Women Empowering Women”
A close group of women creating abundance together
Money
Sisterhood
Trusted Friend
A Toxic Mimic
When this
Is masked as this
What is a toxic mimic?
Or this
Hiding this!
Pyramids Increase the Divide Between Haves and Have-nots!
12%
88%
Gifting Circle Profit Distribution
Women who profit
Women who lose their money
At some point, the circle must collapse, leaving 88% without ever receiving a gift. Not exactly equitable.
Network Marketing (MLMs)
People who profit2%
People who lose their
money98%
MLM Profit Distribution
Inevitably all exponential growth curves go up and down
1 4 7 10 13 16 19 22 25 -
200,000
400,000
600,000
800,000
1,000,000
1,200,000
Number of Circles
Number of Circles
Can’t the economy just grow forever?
Growth That Exceeds Resource Capacity Always Leads to Collapse!
Population doubling time for
the Gifting Circle is 6 months.
Global population doubling time is approximately
25 years.
Not enough women exist to meet demand for new
participants
But isn’t abundance infinite?
In the non-physical realm, abundance
is infinite, for example:
Love = infiniteJoy = infinite
The physical world is finite: We are
limited by population,
economy, etc.
It’s exciting to live in a finite world. It causes us to be more creative!
How to identify a toxic system:
Lack of integrity
Deception is present
Exponential growth is at the core
Money and Banking: The biggest pyramid scheme
Debt-based currency with interest rate assumes infinite exponential growth!
The structure lacks integrity
The Biggest Deception
The Federal Reserve
Bank
It isn’t “federal” – it isn’t part of
the government. It’s a privately
held company.
It doesn’t have reserves . . . It creates money out of thin air.
Just like the “Gifting Circle” isn’t a GIFT or a CIRCLE!
The house of cards inevitably will collapse!
There ArePlenty of Alternatives
Independent Local Currencies
Idaho has a time bank . . . The value of any system or currency is dependent on the number of users!
Digital Currencies
How Does Bitcoin Work?
We have one steady energy input
Fossil fuels are historic stored solar energy. We are borrowing from the past . . . and destroying our future.
To have a future that is conducive to human life, we need a economy that is pegged to the ability for humans to use energy from the sun.
SolarCoin is a digital currencyBacked by solar output from photovoltaic solar panels
Each MWh of electricity will reward the owner with §1 SLR
The Process of Getting SolarCoin
SolarCoin helps our planet!
Solar can meet our energy needs
Easy App Based Management
Yes! We can use SolarCoin now!