One must first understand Inflation. Many years ago I asked a big shot in the bank a definition for inflation and his answer was quite incoherent, it’s like a matter of opinion. So we should rather look at the facts, than the opinions and justifications of ‘What inflation is?’and ‘Why does it exist?’
In a way if we go back in history, inflation can be seen as an extension of the cruelty of man. When there is not enough, then the so-called ideology of ‘Supply and Demand’ allows the greedy to increase prices and sell to the highest bidder, ensuring that the ideology that ‘money is power’ becomes ingrained in the human consciousness.
Another perspective of inflation is that it is an extension of Public Relations and Advertising.In advertising the real picture is photoshopped to make it more aligned with the mind, the mind becomes controlled by these images, goes into association and a relationship of comparison and then judges reality according to these pictures. This mechanism creates desires which produce the same type of supply and demand where the human who is controlled by these images and propaganda will do whatever they can to buy a product that is being inflated in its image.
Now the clever thing about this inflation of products by Public Relations is that you have to read the small print. The big print is all the fake and false images – the small print contains all the legal truths. The real truth about anything is always the small print because there you know you get the information about side effects, warranties, planned obsolescence, all the negative stuff is in the small print while all the positive stuff is in the big print. This is the same nature of positive thinking: it inflates the image on the positive side, it diminishes the negative side causing extreme imbalance that eventually reflects itself in general society as poverty and wealth.
Let’s look at another point of inflation: the deliberate inflation of prices to increase the profits of the corporation.As mechanization has been increasing – which should simply function as the replacement of labor, not the replacement of employment: more and more jobs are lost.Yet, prices are still being inflated. And now we sit with massive unemployment, inflated pricing, a problem with supply and demand because people don’t have money to buy and consume. So despite an appearance of inflation, the economic reality is that the economies are shrinking and not inflating– and you sit with the problem that your real value of a product has been lost a long time ago, because the real value has been labor all along.. And because the ideas of saving, competition, inflating the corporation and the war for a monopolized control has become the way of the world — the reality of what really exists is no longer easily accessible because: all we have is our inflated images.
So obviously if we have to keep following this distorted view of reality which is justified through the word ‘inflation,’ which is just a model of statistics – and you can check out the previous blog about the uselessness of statistics (A Living Income Guaranteed is the BIG Issue) the statistics just inflate the idea that you know what you’re talking about, so statistics is just another form of inflation, it’s just Public Relations. It’s just a fake and false image and likeness with which the actual data is distorted so that those that benefit from having control and access to resources through this inflated view can justify why it is that the things are the way they are, why poverty is so immense and expansive… And so you’ll have the curious bizarre thing happening, for instance that the corporate top dogs and the loyalty they buy from people that are in the corporation – as well as their income – has been skyrocketing for at least the last 30 years. So these massive profits are used to buy loyalty which protects the top dogs. This same illness is now part of the government where people’s loyalty is bought so that they can protect the wealth of the few while the majority of people on Earth are existing in one or two dollars a day – and that’s quite okay apparently because the image is inflated to say that “That is enough for them to make a living.”
If we do not change the system, this Inflation point will have an effect. Obviously if the Living Income Guaranteed becomes a reality, we have to change the economic model: it’s not working, it has a fake and false inflated image by economists that are not worthy of the word ‘Economist’ because they are not managing and researching the ecology, the ecosystem of the world to ensure that every human being’s basic Human Rights are being protected.
Therefore everything you know about ‘Economics’ as several people that were brave enough to stand up have said “you have just being been lied to” – Economy/the Economists, the ideas of Economics are all just a lie and so is inflation – the image is inflated, the truth and the data are not real and the human being has been mislead to believe that their data should not be in the hands of a central agency to actually create a stable environment. And so, the corporation and the propagandists can say that they’re doing and acting according to the will of the people, because the problem of inflation even exists there, the specific ideas and conspiracies have been inflated deliberately to create this image and likeness that the human’s will is apparently democratically being adhered to – It’s all in the image and likenesses of inflation.
For this all to work, you better study the Living Income Guaranteed proposal where we show what is necessary to be in place for a balanced society, where we show and expose all the inflations and propagandas and misdirection, where we show that at the end, even those in the current BIG proposals only have inflated egos – so inflation is really everywhere. Nowadays we even have inflation in terms of what it does to the body because the food is no longer supportive of the body, because Health is not really on the agenda of those that make policy,it’s all about profit.
Inflation is a danger all around and unless we stop all inflation – which is just a mind job – and we get back to reality and work with actual data based on the physical, our economic balance on Earth will not be restored, we will not have an ecosystem that supports Life on Earth and that protects the Human Rights of Every Human Being.
Equal Life Foundation Research Team
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Within the Basic Income Guaranteed with a capitalist approach, profit is one of its cornerstones; therefore it must be ensured. Another point that tends to waste extensive money is the point that new businesses are started which then fail.From that perspective it is a suggested that there – like you have with city planning – you have business planning where it is assessed what type of businesses the community can sustain that is possible within the money supply that exists, and that those businesses are then planned-out and offered to the citizen to take on with full support from the business planning section which should be part as a governmental function, a citizen support function ensuring that businesses do not fail.
This will save massive amounts of money which makes Basic Income Guaranteed a very cheap solution to a situation where there is seemingly endless amounts of money ending up in either foreclosure and/or failure and/or abuse and/or maladministration. At this stage there are no actual figures being kept of all of this – we never get to know the real numbers of how much is actually wasted. But there is more wasted through business failure, maladministration, charity and foundation creation abuse due to the influence of the consumer than what is needed to bring about a Basic Income Guaranteed.
You should ask yourself some questions:
- Why are the no clear figures that inform the population of the administration of resources?
- Why are there no figures kept of how much is actually lost through foreclosure?
- How much is actually lost through businesses that are going bankrupt?
- How much is actually lost through people losing their jobs at this stage, unable to participate in the system, unable for instance to pay tax or to buy stuff to increase the revenue streams?
- How much is wasted by corrupt government officials?
- How much is directed toward inappropriate placement of tenders?
These are massive amounts beyond belief; how much is happening because there’s no oversight and everybody participating in the system knows one thing: there are resources being stolen and there is maladministration and corruption, that’s why they don’t want transparency, it’s convenient.
In some countries like South Africa, there’s the prospect of placing in laws to ‘limit transparency,’ which is no different to saying ‘Let’s legalize corruption!’. So the integrity of the human within a Basic Income Guaranteed system should be administrated through a system. We have the technology now to have systems in place that can support the human to the extent of creating a system that is trustworthy and that assists everyone effectively in the world. We have the expertise to do this, now we need the will to stop corruption and to stop abuse. This can be done by Guaranteeing a Basic Income, guaranteeing a minimum wage and guaranteeing profit because all these three foundational stones will actually guarantee the existence and expansion of Capitalism and bring about a high functioning and effective society with the use of technology to produce what will ensure proper usage of resources, technology and human creativity. This cannot happen without a sense of freedom and money does give a sense of freedom.
We have come to the conclusion that trying to establish a society without a way within which the human can express their freedom is simply not going to work. Freedom is in money, it translates as the ability to express yourself in a way where you feel empowered as well as having your Basic Human Rights recognized and dignified. Not having enough money is to disempower people and to force them into crime and as you’ve noticed, massive amounts of money are lost to crime. All these things will stop if we have in place a proper technological system which we can establish with great ease at this stage. We have the technology and the managerial mechanisms to do so. In a matter of a few years, the whole world will be an internet grid and we can make use of all these things to prevent crime and corruption.
Basic Income Guaranteed is not only an opportunity to support yourself from an economic perspective in terms of ensuring everyone’s survival, but also from the economic perspective to have an equal opportunity to support yourself and your family, which is a Basic Human Right. This is the equal right we give to each other to potentially become wealthy individuals while ensuring all resources are made available for everyone equally.
Equal Life Research Team
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Basic Income Guaranteed is particularly focused on those situations where a person is not in a position to have sufficient income to be able to participate as an equal within society through spending, purchasing, ensuring the basic needs required for a human to exist. There are conditions where a Basic Income Guaranteed is not required meaning that those that have = do not qualify for a Basic Income Guaranteed which is destined to ensure that there is enough income available to support those when in trouble, or when society is not yet able to produce sufficient jobs.
One of the foundations of capitalism is owning property, but also one of the foundations of capitalism is having a society that is able to consume because they have the means with which to do so, and this is why it is suggested that a balance must be struck.
The basic regulation would be that if you have more than one house you’re owning = you do not qualify for a Basic Income Guaranteed because you are able – due to your property value – to sustain yourself or at the very least, you’ll have to sell one of the properties and then if you do not have employment, you’ll be able to qualify for a Basic Income Guaranteed.
Another point is Investments. If you are able to sustain yourself through your investments – that means you have money somewhere in some form = you won’t need such investments any longer, because the Basic Income Guaranteed will also act as a pension. Eventually, a mechanism will have to be established to see at which level investment would be sufficient so that you are no longer dependent on the Basic Income Guaranteed and you are able to sustain yourself. Therefore savings or investments from the perspective of it creating sufficient wealth for you to sustain yourself will automatically place you in a position where you do not require a Basic Income Guaranteed, because you are able to financially sustain yourself.
Capital growth is thus one of the points that will be promoted within a Basic Income Guaranteed system because it will eventually create a situation where one will be able to be financially self-sustained, and the objective is to get each human to be financially self-sustained so that you are no longer dependent on your social systems – pension plans, insurance, loans, investments – as well as acquiring the skill to use capital in a way that you actually are able to sustain your existence. Then capitalism will become a functional system that benefits everyone with this necessary support when needed and a necessary responsibility when your Basic Income Guaranteed is no longer required. This also places one within the self-development mindset that capitalism represents where you specifically acquire skills to eventually free yourself from the needed support, because you have been able to create for yourself a self-support system. Within your hierarchy of needs this would mean that you have achieved a level of self-fulfillment, thus a higher level of living within responsibility.
The psychological benefit one can find within capitalism will be worthwhile as it is structured practically within this reality, you do not have the stress that comes if you get to fail in your endeavor and you have nowhere to go, because there will be support. And as we have noticed within capitalism, one tends to fail the first few times because you haven’t got the skills yet and the experience, although that should be developed also within the education system so that failure is limited to the minimum, because failure means resources get wasted and when resources get wasted: it becomes more difficult to have a sustainable balanced system.
Equal Life Foundation Research Team
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Oil falls under the resource identity that is required by all as a national resource. Therefore the suggestion is that the total oil industry gets nationalized and oil becomes that which facilitates both the Basic Income Guaranteed and the economic growth with the price kept stable so that the profit is sustainable to support the citizens of a country. The countries that don’t have access to oil or gas are supported through agreements that makes it possible for them to also facilitate a Basic Income Guaranteed and for their economy to be stable, so that there is a stable international trade where people and countries can exchange goods for fair value. This implies that if one country produces more of a particular product than another, it is then distributed worldwide to be available for all citizens of the world, because the production of goods that is dependent on the Earth directly – like food and raw materials – should be able to be distributed in an effective way where the profit as such is directed towards supporting citizens specifically.
Capitalism in terms of where one will then come up with ingenuity to produce something extraordinary that people pay more for, should be based on enhancing the lifestyle on Earth, these are the products based on taking raw materials and creating something out of it. The point of some benefiting from raw materials just because they apparently ‘own the land’ throughout generations – which in all cases if one investigates it, it was always taken from someone that owned it before, and those were normally your natural people that lived in a particular area – is simply not acceptable because that has caused poverty and in fact, anything that is done in a way to limit the distribution of resources to the benefit of the citizens of a country is an act of treason against the nation and the citizens; because the government at the end of the day is that which represents the citizens and anything that is done to harm citizens = is there to harm government which is indirectly citizens and so is a form of treason – that is unacceptable.
Our definition of what is legitimate and what is criminal needs to be sorted out so that we can move forward in a stable world and stop all this abuse that takes place all in the name of control and profit.
There are simple solutions to these problems and there are easy and effective ways with which all people in the world can be supported in a very quick manner. The situation in the world is worsening extensively where businesses will get into trouble a lot quicker; there are big problems on the horizon and many can experience it first-hand. The global recession is going to deepen and get much worse, so action needs to be taken now and within a short few years, one can have a new system in place which only requires one thing from each human: a change of mind, a change of heart, to open your heart to also consider other people one and equal as yourself.
Equal Life Foundation Research Team
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Banking in fact is a resource that is required by all citizens equally. If we look at what are resources that should be nationalized, the minimum guideline is that they are all the resources that are equally required by all citizens – this implies water, electricity, roads, transport systems, media, banking, etc. All of the stuff that is necessary for each one to have a decent life, and banking falls within this category.
Banking in a way has become so technological that it is no longer a major job creator; it is simply a management of funds. Therefore, if we nationalize the banks within the approach that with minimum wage one no longer allows personal debt to accumulate – because we will forgive all debt – and the banks facilitate points like building houses and facilitate the placement of motorcars that are debt based on capital investments, which are good for the economic growth – then we are looking here at a very stable banking sector. The profits that come from a minimal interest rate will be distributed according to what is required to facilitate the Basic Income Guaranteed in its totality in a particular country.
The point of importance to note with the Basic Income Guaranteed proposal is that personal tax will be abolished, but taxation in terms of transactions – which is a use tax, a per sales tax and value added tax – those types of taxes would be fair because it would be based on how much one uses the system and those taxes specifically would be accumulated to pay for the functions of government.
To facilitate a society that will stop abusing each other, there is an interesting point that will have to be considered and that is to move away from cash money to total digital money, because with total digital money one will reduce the propensity to deal outside the system and as such to take part in criminal activities. This will also bring an end to the current issues with protests and social dissidence where the problem is being approached from the starting point of demanding others to make the necessary changes, without proposing any agenda that can lead to a feasible practical solution.
Within the Basic Income Guaranteed system the excuse of some wanting to deal with cash because of ‘not wanting to pay tax’ will become irrelevant. It’ll bring stability for the system because those that do pay tax on their services or their products bought will contribute to the tax resource that that will be collected by the banking sector. And so the financial system for the country will be very stable and the budget will be according to available money; and when necessary, pricing or tax will be adjusted for extra money and the governments will not be allowed to borrow money, so that these exorbitant amounts of interests that even go towards ‘unidentifiable parties’ paid for by the labor of the citizens, can finally be stopped.
With the Basic Income Guaranteed system: governmental debt and national debt won’t exist, there is no need for it. Proper accounting, proper planning will prevent this and it is suggested that in the basic Constitution it is placed that: a government cannot make debt. And ‘not being able to make debt’ will also mean that the government will have to spend money on issues that are genuinely relevant where things like war will come to an end and the education, healthcare and all sectors that are relevant to the citizen is what will be considered in the budgets.
Obviously when somebody disagrees with such practical reasonable solutions, one must investigate what criminal activities they are participating in that they want to protect, so that they can have ‘more money’ when it is not necessary because: there is and will be sufficient for all.
Equal Life Foundation Research Team
This entry was posted in Accountability, Banking Industry, Basic Income Guaranteed, Basic Needs, Budget, Businesses, Capitalism, Cashless Society, Change the World System, Currency, Debt Forgiveness, Democracy, Digitalized Currency, Dignified Living, Economic Change, Economic Growth, Education, Financial Sector, Government, Investments, Minimum Wage, Nationalization of Resources, Planned Economy, Pricing, Redestribution of Wealth, Resource Management, Resources, Taxation, Transparency and tagged accounting, bank card, banking, banking sector, basic income, citizens shareholders, constitution reform, debt forgiveness, digital money, digitalized money, end of corruption, end to crime, equal life foundation, equality, financial sector, infrastructure, minimum interest, national budget, national debt, national pride, nationalizing banks, occupy wallstreet, pricing, profits, protesting, protests, self-sufficiency, solutions, Solutions for Basic Income, solutions for social dissidence, sustainable government, taxation, transparency, wall street.
This should be good news for the capitalists.
This proposal will have to become part of a political party’s manifesto and become part of their economic policy and they have to promote it within the context as presented to overcome the objections that are inherently glued to the view of the capitalist.
If you look at George Bush, David Cameron, Obama – they all have promoted the idea to ‘save capitalism’, that there is one thing everybody must do, they say: ‘spend more.’ But there’s a problem with what’s happening in the world there are fewer and fewer jobs which means people can spend less and less so all the economies are contracting because the money supply which at the end is dependent on the amount of people participating in the system with money is shrinking; the economic theory did not expand yet to consider proper solutions for the world. So the following is how one solves the problem.
In any given country you have citizens, they are citizens by birth and by birth they have a birth right towards citizenship in that country. We propose that that birth right should be including inclusive of the resources that are in that country – for instance, the mining resources and water resources, electricity, cellphones, telephones… all the points that are part of that country originally. But maybe it’ll be possible to only look at the resources that everybody requires and needs on a daily basis which are food, water, electricity and something like the cellphone, telephone and internet. These are things that are already in a country and they have intrinsic value. By utilizing these resources you have a situation where everyone in the country participates in contributing towards the total turnover of these particular resources.
If the price is set to be sufficient to accommodate sufficient profit for the shareholders – which in this case will be the citizens of the country – which then are distributed to all those citizens in the country that do not have enough income as a Basic Income Guaranteed, it is possible to set up a system which will have a very interesting effect for all capitalists. This is because suddenly, all the people in the country will be able to spend money; this will mean the capitalists that will so to speak ‘lose income’ because if they already own any of these resources in the country their shares will be transferred through nationalization to the shareholders that should have owned it in the first place, which are the citizens. In other words, if you take away anything from the security of a state and the security of a state is to supply and support their citizens: you’re committing treason. So by taking these corporations and creating them as private entities, taking it away from the rights of the citizens, in fact treason has been committed and this is being done through public relations and cognitive disinformation, by control of the media. This is why we also suggest that the media should also be controlled by the citizens because the media in any particular country is always the voice of the citizens. And therefore, all of these corporations still run as corporations, the only difference is that the shareholding is in the hands of the citizens and it becomes a matter of national pride, and they are managed properly by people that are properly skilled that do so for the benefit of the country.
This can become extremely valuable resources in terms of stabilizing an economy and presenting and producing sufficient profit that at the moment as we know, ends up in the hands of a selective few elite to such an extent that their combined wealth can stop poverty in the whole world several times, which means there is already enough money created. Obviously what they’re doing is a fascinating thing, in many cases they’re reducing prices of products simply to outperform the competition which causes massive unemployment in the world, purely to make more money but is justified as saying that ‘by making things cheaper = we’re making it more affordable for everyone,’ but if a person does not have an income = they don’t have a level of affordability, there is just no way they can own it. So when one takes this model and you apply it and you have each citizen with a Basic Income Guaranteed, the citizen now can spend money, this money will normally be spent at the normal corporations that now supply goods and services in all kinds of arenas, that will increase turnover, that would increase job creation and that would increase profits.
Now you’ll say “But if everybody gets a Basic Income, who’s going to do the work?” very simple, the minimum wage should be double the basic income so that the person is motivated to not use the Basic Income Guaranteed but to go out and work because that will give them access to money to buy luxuries as well, because the Basic Income Guaranteed will not be sufficient to buy ‘extreme luxuries,’ it will be to buy the basics that are necessary, to provide the education that is necessary, to have at least one motor vehicle to be able to have the transport that’s necessary.
Another suggestion within the Basic Income Guaranteed proposal is that there is also a subsidy for homes which is sufficient to construct a reasonable home because that will not only benefit the banking industry, but it will also benefit the building industry and so it’ll again have a knock on effect in creating cash flow which then creates money supply, which creates an economy that is growing and a happy capitalist, because there will be many more opportunities than what exists now.
One of the things that should be considered is the standard of goods – there should be a minimum standard and each country should have a bureau of standards that specifically makes sure that the products made available to the citizens as a matter of their birth right and their citizen’s right to have goods that are of real value, that these products are going through stringent tests. This way we ensure the capitalists don’t just try and make profit but actually provide a proper service and a proper product which will reduce a lot of the unnecessary energy spending in the world where things are just made for the sake of enticing people to buy through advertising. Thus, advertising should be not based on cognitive disinformation or on placing people in an emotional state when they’re buying, it should be based on fact and there should be better regulation about advertising so that people are not psychologically manipulated, because that is simply not acceptable.
When you have a system where you have your basic job facilitation which includes from janitors, to road builders to any type of job where your minimum wage is double your basic income, you will find that there will be enough workers to do the work because they’ll earn more, and those that work will have benefit because they will be able to buy better cars, bigger houses and they will thus have a better standing in the community which will motivate people to look for jobs and because lots more money is in circulation = new businesses will begin, which will again offer more jobs and thus create more opportunities for people to get a better income than just a Basic Income Guaranteed.
The Basic Income Guaranteed must be of such nature that it is sufficient for a person or a family to live a decent life, one worthy of their birth right as a citizen. Utilizing it this way, it becomes viable for the corporations to give up some of the things they control in favor of having a stable economy that provides a lot more money in circulation, which provides a lot more opportunities for profit. By doing this, one reduces various factors that have become extreme problems which are already being investigated by projects like the Big Project In Namibia: if everybody’s got a Basic Income: crime reduces, violence reduces and people want to improve themselves because they are no longer desperate, they have moved from desperation to hope and they start to educate themselves better.
This is an all-around effective solution where one can ensure then that the most Basic Human Rights as in the Universal Declaration of Human Rights is actually taken care of, the capitalists are kept happy, those that believe that ‘some are lazy and some are not’ are kept happy because they can now go and work and earn more money and leave the others with less money.
Essentially a Basic Income Guaranteed is at this stage a viable solution for a world in extreme trouble. Bailouts won’t work, people that actually want to send money to bailouts should rather send it to educating people about the validity of a system that is a mixture between socialism and capitalism and that protects the citizenship of each person within a country. And then between the countries they can work out solutions for those countries that’s got less resources and develop them to also have a similar resource structure which provides sufficient income in house through the internal use of for instance cellphones, airtime, electricity, water, media, that sufficient profit is made out of that to facilitate the Basic Income Guaranteed so that there is never any debt made for facilitating this.
This will also solve another problem that is going to become extensive in the next 20 years which is that all the pensions will be gone because it will replace the pension system, there will be no longer contributions to those pensions because a person will have a Basic Income Guaranteed it will thus, instead of money being invested into corporations, the money will be in the hands of the citizen. The citizen will then use the money to decide what is best and where to invest it.
To all the people benefited with Basic Income Guaranteed we suggest that that they save 10% of that money and invest it every month in the corporations, the other corporations that are not yet owned by the citizens and if all the citizens do that = very soon the citizens will own all the corporations and all the capitalists would have made their profit and will have a system where a person on a Basic Income Guaranteed will earn enough from their shares in the corporations that they will get to a point where their income is higher than the Basic Income Guaranteed and the moment that happens = they no longer are dependent on the Basic Income Guaranteed and they move towards self-sufficiency.
Basic Income Guaranteed will require certain rules. One of them being that one shouldn’t own more than one car – this means that if you have two cars = you have more money than you should have for a Basic Income Guaranteed; and if you have a job and the job obviously always will be according to minimum wage which is double the Basic Income Guaranteed= you no longer require the Basic Income Guaranteed because you’re now in self-sufficiency and that position opens up for another person, because one of the things about this world is that there are always new people arriving that are going to need some help to get into the system.
All education within the system, within a country should be facilitated by the Basic Income Guaranteed facilitation and because education is a calling and not a place of profit, all educators that are part of that should be placed on a Basic Income Guaranteed and all education at university level, everything should be free to the citizens because it is a Human Right to educate each one and it is thus facilitated so that we have in the education system those that truly do it for a calling and that are not doing it for money, because they are doing it as a service to their fellow citizens.
With the Basic Income Guaranteed there is one thing that is of vital importance: no one in the system, no citizen will pay tax – all tax will be facilitated by either value added tax or sales tax or import duties. If you have a government system that is responsible because you have a system where each one is functioning effectively within the system, you do not need excessive tax; your tax is spent on things like roadwork, transport facilitation – all things that can be handled in house.
One of the things that can work quite effectively also in a country is to have a toll tax on the roads which are managed by the government and that keeps the roads in place, so according to the use that one has of a road = will be the amount of tax you pay, but there will be in this proposal no tax so nobody is going to pay for anyone’s basic income guaranteed, it’s coming from the resource companies which everybody in the country are participating in and your sales tax or your value added tax will be according to the amount of your participation within a particular system – this is a fair way of dealing with income tax – or shall we say government tax collection.
To have this facilitated effectively, the control of it will be important which means the total system will have to be digitized. The payment of the Basic Income Guaranteed will be via your bank card so it’ll be instantaneous and society will move towards a more ‘cashless society,’ but in a cashless society where one will have enough of what you need and nobody can take away your income because you are guaranteed this income unless you obviously have a job, which means you have double income.
In this proposal no matter what objection one could possibly have, there will be an answer, everybody will be satisfied. It’s a very simplistic solution that brings an end to the problems that are now in the world.
With the rise of the machine there’s going to be job-loss which means there’s going to be greater efficiency, which means there’s going to be less cost on input. So if there is job-loss = there is Basic Income Guaranteed. The type of new businesses that will develop will be based on human ingenuity, the great word that the capitalists like to use.
So the capitalists – those that want to earn more in the system – can come up with great ideas to create new employment and so to uplift people to a higher level of income or double at least that the Basic Income Guaranteed. So all desires, all hopes will be answered and in a way, the whole principle of the pursuit of happiness, the principle of each one being able to be in a world of opportunity instead of just a ‘land of opportunity’ of the US, it will be the whole world that will be a land of opportunity, a world of opportunity where you can be anything you want to be and the opportunities are endless.
Environmental policy will have to be strictly applied and wastage will have to be looked at and therefore the education system needs to be substantially upgraded. This is how each individual will be content and not worry about what others have, and instead work to earn a greater living if they truly want to.
So the Basic Income Guaranteed Proposal for the world is a solution of equal opportunity. If you do not want to make use of that opportunity, you’ll have a Basic Income Guaranteed – if you want to make use of that opportunity, at the very least you’ll have double the Basic Income Guaranteed.
‘How much the Basic Income Guaranteed will be’ is going to be worked out according to what is necessary for a person or a family to make a decent living. In this one will probably have to look at the one thing that needs to change which are currencies, there will have to be one world currency because the need for currencies will no longer exist, because that is only being used by the richer countries to steal resources from the poorer countries and that’s no longer necessary because there’s enough money to pay for it anyway. Therefore, we don’t need ‘exchange rates’ anymore, you can have your own money but it is equal. So if you have the euro = one dollar = one yen = one pound = one rand = one peso – that will make sure we have no more peasants.
It’s obviously the ultimate patriotic system you could ever come up with, be a patriot, be a BIG supporter and remember capitalists: here is your ultimate opportunity of making profit, you will never have had such a good opportunity before because now, your ability to come up with the ultimate product that entices the population to buy it is now at your feet.
Join BIG, be Big hearted: it’s time.
Equal Life Foundation Research Team
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