Let’s Change the Money System

As we all know, the money system just does not work as it should be. It’s simply not sustainable, because it is based on an exponential growth of our economy. And an exponential growth means a crash at some time, because we can’t always produce more and more. At some point there are no more resources. And from such crashes there are always few winners and a lot of losers. So, what is actually wrong with the money systems? The problem is the exponential growth. But what creates this growth? The correct answer is the credit system. If a bank has 100 euro, then it can give a credit for at least 1000 euro to another bank. And this can give a credit for 10000 euro and so on. This is what creates big amounts of virtual money which does not exist in the reality.

But how can we change this? How can we make the money system sustainable? I think that we can create a local based giving and sharing society, so we do not need to do everything with money. But we still need some money. There are many possibilities how to change the money system:

1. The first important idea is to make a system where we don’t obtain interest for our money we just put in the bank and haven’t used. Just on the opposite – we’ll have to pay for the money we have, but we don’t use! Thus, we will be urged to use our money and to invest it. So we do not obtain more money when we already have a lot of money, but less. Thus money will be better distributed and used where needed.

2. Basic Income – everyone will obtain from the state some amount of money which will be enough for living. This will make it possible that we do not work anymore for money, but for us, for the people and for the society. This will not only create another impulse in the society, but also make the whole taxes and insurance systems much easier.

3. Regional money will stimulate people to act local and to find better solutions for their communities.

4. Choose a sustainable bank, so you know that your money are helping where needed.

Even more information you can obtain from Positive Money or Monetative.

There are many more things we can do in order to get to change the system. What ideas do you have?

– What about starting to lend your money to friends and other people who need it right now (But with no interest!)?
– What about spending and giving money away?
– What about starting to invest directly in sustainable businesses in the area?
– What about changing your bank?
– What about changing your insurances?
– What about cutting stupid and unnecessary costs?
– What about saving money together with friends and giving it for good purposes or investing it sustainably?
– What about exchanging stuff, work and services in the area?
– What about living for free somewhere, but helping the owner with the garden, trash, shopping or the household?
– What about sharing your belonging and knowledge?

Do you have ideas? Do you like my ideas? Do you need advice? Do you like to start a social, giving, sharing, exchanging or moneyless business? Feel free to contact me!

Collaborative Work

We’ve just start with some friends to work together on our ideas and create new businesses and we’ve found the Common web page. It has basically the same idea – to create common brands. This is definitely the trend and it is not only a trend, but the way towards a better future. I’m sure that there will be more groups of people like this in the future. 🙂

Direct Money Lending and Micro Saving

Money lending and especially micro credits became very popular in the last years. Those are great and the best possible example is Kiva. But they do not solve every problem. Even if the poor people become a micro credit and manage to make some money, they still remain poor, because they have no possibilities to securely save money. Normally even if they make some money they have no access to a bank account. The banks are not willing to give such small customers accounts because they can make money from this. (An example for a project in micro saving which had to stop is MatchSavings.)

So, we actually need to help the banks who are willing not only to give credits, but also to enable accounts for poor people. This will make more sense. Another possibility is to start such banks. Sooner or later, if we want to help the poor, we have to start to offer them bank accounts. Without this component the microfinance is not going to function. Only credits are not sufficient. And from the credits the banks make a big win. Even Kiva functions through a cooperation with many banks.

So, what about getting rid of the banks? To lend money direct without banks? There are already such possibilities in the rich countries, for example Zopa. Through this platform you can lend money directly to people. Can you imagine what will happen if the big communities include this option? Look at this video.

The problem with this model is that this functions, because we all have bank accounts. We can hardly lend money to people who have no bank accounts. So again, it will be a problem for poor people. Do you have some ideas how to lend money directly to people who need it? What about a shared bank account with people like us. So, open a bank account in a country with many poor people with no access to the banking system and give them the possibility to save money on your account. They can always have their money and the bank is happy because you have enough money on your account. You can even make some money from your account. And you can even lend money directly to the poor. There are already such shared account services and even shared credit cards. Such model can change the finance system. So, let’s share bank accounts with some poor people.

We Do not Need so much Stuff

Last weekend I went to visit the Vitra Design Museum in Weil am Rhein. It’s really a great one. Admirations about creating such nice design museum! There you can really get inspired and let your creativity fly. Of course, they sell there their own stuff, but it is a really nice way to do it.

Here some pictures from the Vitra visitors centre.

Yes it’s nice, but I had not only this feeling of happiness and inspiration when I was there. All of this is nice and creative stuff, but do we need it? In my room I need a mattress to sleep on it and a wardrobe for my clothes and the 20 books I have. I don’t keep stuff at home and I don’t like to have stuff. I’m so happy that I’m independent from useless stuff. In Bulgarian we have two words for collect, gather. The first one – “събирам” has a positive meeting. It is used when you gather something useful for example experience or knowledge. It comes from “бера” which means pick and “съ” which is prefix for a process of creation, a divine process. On the other side we use the word “трупам” which means more or less to collect and store stuff and comes from “труп”, which means corpse, dead body. We use the same word for cut trees, trees that are already death. These two words give the difference between the positive gathering and the negative one. The first process is a divine one, you are growing and creating, you are living. The second one is the opposite process, the process of death. These are exactly the two processes in the world. You are either conform to the one or to the other process, you either live or you are death, you are either developing upwards to the Sky or you’ve already started the process down to death, back to the Earth. There is no such thing like staying on the same level. To stay at the same level it means to start the process of death.

So looking at all those people consuming the stuff Vitra sells, I felt the process of death. We do not need that consumption. This week we have bulky waste removing in the neighbourhood and people are throwing away stuff that is in order. Surely because they already bought newer stuff! And this happens so often. People change the whole furniture almost every second year. The results can be seen in the film The Story of Stuff. We are destroying our planet; we are going down in the process of death.

But there are alternatives, good alternatives. There are already a lot of sharing communities. Here just a small list of them:

1. Street Bank – Share Everything You Have with Your Neighbours, even Skills!

2. Listia– Give and Get Free Stuff!

3. Free Cycle – Changing the World one Gift at a Time!

4. Frents – Explore and Share!

Things get changed! And if you like to stay informed about Sharing, Shareable is a good start.

Creating Co-Working Spaces and Roles Exchange

The industry and the science keep going their way of close specialization. And so the whole western society, which is ruled by the modern economics, based on science and industry. But there is a big social change that happens right now. People realized that general knowledge and social competences and cooperation are much more important. These are not only the bases for creativity and innovation, but also for happiness and sustainable change in the society. There are already a lot of co-working offices, for example the Betahouse in Berlin.

It is important to create co-working spaces. These do not need to be only in the office. They can be in the private life, hobbies and so on. Thus a unique social environment is possible. So let’s make some meetings where people from different backgrounds and professional orientation meet and tell about their lifestyles and professions. Even more interesting can be to change the roles for some time and thus experience completely different worlds. The so gained knowledge can be applied in your own area or you can just jump above your current point of view and discover completely new alternatives. This is especially true for scientists and research workers.