Hi Grownups

Here's a little note bout money from Richard C. Cook.

The Purpose of Money

What is the purpose of money?

This question has many theoretical answers but only one practical one–it’s to get what we want.

So the question really is what do we want.

And what we want depends on what kind of person we are.

If we are greedy, violent, and selfish, we will do many underhanded and dishonest things to get money. This will include creating a monetary system where whatever government we are living under will allow us to accumulate more and more wealth to our advantage and to the disadvantage of our neighbor. One good way to accomplish this is through a private banking system that creates money through lending it at interest.

If we are kind, altruistic, generous, and loving, we will create a monetary system that will allow each member of the community to create, produce, acquire what they need to live, provide for the future, prepare the way for the next generation, etc. This can be accomplished through various democratic methods such as government infrastructure investment, guaranteed education and health care, a basic income guarantee or citizens’ dividend, low-interest lending for beneficial purposes, etc.

In fact it is the duty of any responsible government to provide a medium of exchange for all citizens to use in the trading of goods and services as well as monetary “tickets” for everyone to use in gaining access to the benefits of the societal commons–land, resources, utilities, etc.

A monetary system that benefits mainly the controllers of society leads to the theft of the societal commons by the few to the detriment of everyone else.

The problem is that most people live at such a low level of consciousness that the higher purposes of life are overwhelmed by base motives. This is what most urgently needs to change.


This entry was posted on Tuesday, August 11th, 2009 at 1:56 pm and is filed under Richard Cook Blog

If you liked the article you find value in Richard's website as I did.

Go To www.richardccook.com

Check out "The Cook Plan" video

Warm Regards

Bluecod