LOGICAL MINDS ONLY

The Truth About Money


Listen Later

“The Truth About Money” explains money as a tool for the measurement of value. Value is based on equity and created through work which is value added to assets. Equity can be and is measured in the form of preferred shares. As a monetary unit preferred share is contracted to prefers and designated by the symbol ₽. Herein is described a system in which work is exchanged for prefers. The use of a currency issued on the basis of equity, stabilizes the economy and eliminates the need for interest payments and state regulations. Employment is guaranteed through a guild-based system with Citizen Assemblies allocating resources to ensure all necessary work is performed. The utilization of equity backed currency creates a system in which money is nothing more than a tool for tracking exchanges. Preferred shares have no intrinsic value, reducing the risk of theft and fraud while creating a stable and unemployment free economy.

...more
View all episodesView all episodes
Download on the App Store

LOGICAL MINDS ONLYBy Robert Burk