Transparency

Will the Living Income Guaranteed cause Inflation?

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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

 

Inflation and the Living Income Guaranteed

Living Income Guaranteed and Public Relations

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It is suggested to read the view of Noam Chomsky which is quite to the point and calls the public relations officers the ‘experts of producing lies.’ Now, if you have ever been in a business where you planned it and you have to work out the advertising and the marketing of it, you will know you’re looking for words to describe the product emotionally and you stay away from the facts. Because the facts are the few things you have put together within the product to produce something unique that can compete with other products and there is obviously always something ‘missing.’ That’s why for instance a product’s warranty is only for one year now because, in one year’s time – that’s what the warranty implies – the product will break. Everyone is kept in the illusion that apparently there is some improvement in the product and that’s why there will be a ‘new version’. But if you have to take away the outside picture and you look at the inside – take a car, for instance – it is essentially the same that it has been before. It maybe got a new name, a new color and here and there a new feature – but you’re paying a lot more and it’s not going to last you and you’re made to believe that this car is a ‘new model’ or this cellphone is a ‘better model.’

If you look at the timeframe you’ll notice that nowadays they are releasing a new cellphone basically every few months. You must understand that in the design stage, when they release the previous cellphone you paid a fortune for, they already have designed and planned another five models! They were ready with ‘the new stuff’ – they could’ve just as well not wasted so many resources and give you the best cellphone, but no! They need you to buy because there is a problem in the capitalistic system where it is said that ‘there is not enough consumption’, ‘there’s not enough spending’ but that’s not the real problem.

The real problem is: there’s not enough money because the more and more products are outsourced for instance moving it – let’s take America as an example – to China producing it cheaper. Leaving whole cities in America devastated with people without jobs, then importing the product and selling it cheaper under the justification that ‘now the product will be cheaper, so you should be able to afford it’. This is done without calculating the loss of money due to the loss of jobs that happened. This creates a situation where less people end up being able to buy the product, there’s thus less money and the corporations have to go to the point where they become a monopoly and destroy the competition.  Because if they don’t = they simply can’t survive because there are simply not enough costumers with money with the low profit margins that they’re working on. If we look at this same aspect within the food industry, we have exactly the same problem. That is why labeling for instance is never really specific, you never get real detailed instructions and you never get the truth about how the products are manufactured and/or produced.

Now with Basic Income Guaranteed, the total scene will change. Public Relations will be what it should have always been: explaining to the public the relationship they will have with the product and how the product will benefit them, how and why the product was made in a better way to last longer and to be of greater service, why the product is real value for money. Public Relations will be like the person that stands and ensures that the public knows everything, that there are no secrets and is thus the face of the corporation – that is how capitalism is supposed to function, no more lies and deceit.

Public Relations as it exists now, should be banned from politics because politics is and should be where the actual policy of the political party is explained in simple language that every voter can understand and that public policy should be the first thing on the agenda for implementation; and if the political party does not implement it, immediately a referendum should be held on whether they should remain in power under new public policy or not – that is democracy. One cannot change one’s word or go back on your word and get away with it, but the public has accepted this as ‘normal’ – politicians lie, they never keep their word and that’s ‘okay.’

In many cases the corporations are so desperate to keep going that they spend lots of money to ensure that the politicians realize one simple thing “The corporations are supplying a lot of jobs and therefore the laws must protect the corporations to protect jobs” – that’s the justification used. Therefore it’s not so much only the amount of money that goes to the political party, it is about the voters that are able to vote, because those with money = they’re able to vote; those on the streets = they can’t vote because there’s normally a problem: they don’t have a fixed vote, they don’t have the necessary documents or they don’t have the money to go and vote – very simple.

Public Relations must ensure that those that are on the fringe and not necessarily controlled by a corporate or a governmental job, are convinced by promises and hope that the political party is going to produce something, for example that they will ensure there are enough jobs available; if that is achieved, the political party will win. Unfortunately all of this is done under the disguise of competition, under the premise of monopoly, the game we were taught as children, absolutely brutal. And then the human factor is taken out and is called ‘market forces,’ ‘supply and demand,’ the ‘invisible hand’ that determines the flow of the economy, which are deliberate and made up excuses. Bause if you start studying the Basic Income Guaranteed proposal as we are putting it together, place what we are sharing on paper and start to assess how one places this together: you’re going to notice that a workable model with enough money that ensures that the corporation makes money is possible, where everybody has got an income and as such, there will be sufficient consumption; this means we can have better products, the environment can be protected, we can produce more effective products, people are not forced to go into all kinds of forced and slave labor situations.

When everything is produced to last longer at a price that is sufficient to ensure the survival of the corporation and to ensure the Basic Income Guaranteed of each person, we have a sound and healthy economic system. It’ll also make a massive difference to our food, because a lot of the foods that are allowed to be on the shelves are purely there, placed by people looking at ways to make money to entice the consumer. The fact that the food overall and in many cases is not really healthy, is covered up by ‘bright pictures’ ‘shiny words’ and that’s backed up by the spirituality of the person that is developed and particularly designed by Public Relations. Creating a consumption industry based on ‘like’ and ‘love,’ getting you emotionally involved, ensuring that psychology claims that emotion is important and valid without any information or research into how the mind actually functions, because if the mind is understood = brainwashing cannot happen and the current system cannot continue – this is known! Just not by the people that’s been brainwashed, they don’t understand even why they buy stuff, they feel like ‘they like it,’ they like how it looks, they like what it does, they don’t care that there is engineered redundancy within products just like there is engineered redundancy within the employment sector and everything is driven by a simple thing called profit, and that there’s no real competition in the markets because: “Those with more money will always win.” Go back to your monopoly game, that’s how it works! You’re in this game now.

Our economic system should not be called ‘Capitalism,’ it should be called ‘Monopoly’. And you may have no chance in the system, but you have a chance to become part of a political party that champions the Basic Income Guaranteed. If there is no such party established in your country: you start one and you become politically active visiting the voters door to door, selling to them a new economic system, showing that their vote counts, understanding that democracy means 1+1+1 = every vote counts only once, so we need a majority vote, a majority of people that must understand how Basic Income Guaranteed functions and why the current economy isn’t functioning for everyone. You also want to explain to them why there are big problems in the future with for instance pensions. One must act now and not wait once the whole system starts collapsing and new laws are made and people are marginalized and you don’t see the suffering and poverty, because we may be one of those suddenly without any support, having nowhere to go.

It is important that one becomes practical, that we become an activist which is someone that takes action, that’s activism: acting on the information available when you see there’s a problem and help with the education of the public because you’re part of the public, so there is one voice and this one voice presents an answer that works for everyone! It is really simple if you get down to it. And at the very least if you can’t do anything, then at least make sure that your money supports a solution, it’s also an investment in your future.

Research the Basic Income Guaranteed by the Equal Life Foundation, we are a non-profit organization that researches and puts together economic solutions and educational solutions. We look at how humanity can coexist in a way where there is real freedom, real individual freedom and real happiness and one thing we all know: happiness depends on money. With the Basic Income Guaranteed: everybody will have a little piece of happiness.

Equal Life foundation Research

Basic Income Guaranteed - Propaganda

Living Income Guaranteed and Education

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One of the fundamental issues in the world today is that education has become irrelevant, because it is based on the value that you can give to a corporation or a business to make a profit. Therefore even your labor and your education do not belong to you and do not add value to the system and do not allow you to effectively participate in the world for the betterment of everyone.
In South Africa for instance, there’s now a point system where your education is based on a life-long learning process that accumulates points. In the Basic Income Guaranteed system, education will be the enhancement of your labor value – your labor value being the capital growth that you add to the system. It will also be the way we add money to the money supply and the way we grow the economy. According to your education and the points you add to your labor value, your service and labor fees that will determine your income value will accordingly increase at a guaranteed level, as it will be a set framework that is equal for everyone.

We will be able to increase our capacity to earn by increasing our labor value through increasing our education. This is why education will be important to be at a quality and evaluation level that is equal, so that the labor value increase is equal. The form of competition within the system would then be your drive to improve your labor value through education. This will bring education back into value and it will ensure that those with effective accumulated labor value increase, as education will take prominent positions based on the quality of labor which will thus produce a new living standard within the world system: it will bring about a quality in service, a quality in the general living conditions of the human as we will have a system of education based on integrity as a result of having an economic system based on integrity.

Our labor will be worth our value, which will be important especially in terms of the Basic Income Guaranteed because your service fee/labor fee will carry a value of service tax/ sales tax/ value added tax which is a form of tax value that is created through labor and not through resource, and thus will facilitate in large, the ability of the system to supply and to sustain a Basic Income Guaranteed.

 

Equal Life Foundation Research Team

 

Basic Income Guaranteed and Education

Living Income and Lower Pricing

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Economic theory has proven throughout time to be ineffective to manage the resources to ensure that each individual is a beneficiary and effective participant within the sustainability of the world system. We suggest banishing economic theory to the category of conspiracy theory because the evidence of the last few decades shows very clearly that our economists conspire to create greater inequality to destroy the capacity of the economy to provide sufficient jobs within a system that can support the citizens of the world, yet the opposite happens wherein all production is kept in the hands of a few corporations. So far economists have been unable to come up with a solution that will work for the world, while those that benefit from the current applied economic conspiracy theories are becoming astoundingly wealthy and there seems to be no end to this.

 

We also have to look at cognitive disinformation here. Our psychology is also just based on theory that does not properly educate the people on how the mind functions, instead it actually uses the facets of the mind that causes addiction and control – like emotions, feelings and thoughts – to become the accepted ways of human existence, which are then used through advertising, media and Hollywood to condition the human to accept the current conditions on Earth and not question reality. Furthermore our education system and our education theories have reduced the capacity of the human to reason to such an extent that we have a complete dumbed down society with an inability to do basic math or to read and investigate words to understand their actual meaning. Instead, the ideology is created that one must make things sound great without conveying practical solutions and their application. It is a form of complete disassociated information transfer where the consumer system foundation relies on savings and getting products cheaper, because that is competition according to what economic theory suggests.

 

You should take a piece of paper and do some math: if you reduce price which implies that you are reducing the value of labor, you are also reducing income, which is what’s happened now for decades. The real income of the human has decreased, inflation has increased for certain things, some of the basic things have become cheaper and then there’s the enticement about savings.

This lower pricing mechanism exists when you have a machine taking over the human labor – which should be based on a capital and advancement of the human capacity and thus should value the human existence more; however, the opposite has happened. With reduced price, reduced income, unemployment increases yet it is recognized as economic efficiency, a capitalistic type of advancement. At the same time we have exchange rates, where certain countries have a high value currency and others a low value currency, which is then used to transfer resources between countries done under the disguise of corporations – which are owned by politicians – creating monopolies that cause extensive poverty. The fact is that this transfer of resources in theory should benefit all the citizens of a country.

 

Here we can have a look at our early Game Theory that was taught at home through games like Monopoly which has played a major role in becoming part of the accepted theory of how one should live on Earth. Causing the acceptance of just a few major property owners to exist in the world, and their property being not necessarily land or resources, but money – and because they have a lot = apparently the system is working for everyone! Which we all know is not at all so.

 

This lower price ideology has caused major problems such as the theory that ‘Basic Income will increase prices’, which is apparently a ‘bad thing’. Obviously prices must increase, we have to create more money, we have to show the value of the human, otherwise capitalism cannot work. Human labor is capital and that capital should be increasing because the basic capacity and knowledge of the human race has been increasing and therefore, a greater value should be placed on it. Instead, the value is diminishing and through that, the level of inequality and the amount of people in the world that is living on the breadline (or should we say ‘dead-line’?) is increasing and is they have nothing else to do every single day but to spend their total time finding enough to just survive. Being occupied with survival also means that they cannot even challenge the current system, because they don’t have time to educate themselves and engineer solutions that can solve the problem. We also have come to accept that those that are in good positions and have enough resources and time to reason out the problem have seemingly lost the plot and are unable to apply simple basic principles like 1+1=2.

 

If we want to feed the world and we want to use a system like capitalism = we have to create enough money. We can create enough money by valuing the production sufficiently so that within the profit – or the gross profit of the product – there is sufficient money to make sure that everyone that is part of the production – even historically – earns enough money from it. That would increase the potential for everyone’s wealth, and if one does this properly: it’ll reduce inequality.

 

We cannot approach Basic Income Guaranteed in this world by using the current accepted economic conspiracy theories or by valuing our current economists. We suggest acquiring basic education on how the world system operates through reading people like Noam Chomsky, and you’ll see what it means to have critical reasoning and what it means to be able to think for yourself. However understanding and realizing the reality of what he shares is not enough, we have to get involved in the political arena so that the problem we have with our education can be solved. This can be done within the understanding that if we don’t create solutions at a political level through common consent, we will all end up in a position where we have no power – and this is exactly what has happened. The citizen now in the world has got no political power because we have been influenced through the media by information without having the ability to discern between what is actual reality – that would result mathematically in what is best or all – and what is conspiracy theory that is based on creating a ‘feeling’ within us that controls our behavior and our voice, causing us to be and become in essence part of the problem.

 

For a capitalistic system to work and to create enough Basic Income for everyone – meaning having enough to survive and to be able to have a basic life on Earth as in having our basic needs fulfilled – there needs to be sufficient money moving that is produced through the accumulated labor and time and input through time. This should have been growing for generations now and the world should have been a place of wealth, but instead seemingly deliberately but possibly astoundingly through a form of deliberate sabotage, instead of creating a growing economy existent as the result of accumulated labor, intelligence and research over time, we have been reducing our capacity to look after the citizens of the world, and continue to justify that in every way possible using theories and opinions instead of dealing with facts. Even our legal system deals with opinions, our psychology deals with opinions, our education deals with opinions, our politics deals with opinions – we don’t hear facts. Our media which should be a journal of reality: deals with opinions, not facts. It actually shapes opinions instead of acting in a way that ensures that this journey on Earth is worthwhile for every human. We do not have journalists with integrity, it is unfortunate – but this will come to an end because the situation is going to escalate exponentially.

 

Only thinking about the solution doesn’t make them tangible and practical in reality and as such, it is part of the problem of why the world’s economic system is collapsing. It’s time to change, time to get some basic education on how we can decide how economy works and give ourselves practical direction so that we can move on to a system where the Basic Income of each human is Guaranteed.

 

 

Equal Life Foundation Research Team

 

 

Basic Income Guaranteed and Lower Pricing

Living Income Guaranteed and Business Transparency

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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

Basic Income Guaranteed and Business Transparency

Living Income Guaranteed: Taxation and Transparency

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One of the fundamental problems in the world in how crime develops is through tax and tax evasion and for that, specially companies employ lawyers to find loopholes in laws so that they can set up all kinds of foundations and charities with which to evade tax; and with which to influence the markets and the goods available to the consumer, to benefit their own bottom line. Now with Basic Income Guaranteed it is suggested that there is no tax at a personal level and no tax at a corporate level and that one only works with either sales tax or value added tax or, if necessary, with an import duty.

Charities and foundations should be eradicated because they are actually only duplicating the work that should have been done by the government – and the government being the people, the government is not a separate corporation and it is the social arm of the people. Therefore all the work done by charities is actually the work and responsibilities of the government of the citizens, for the citizens. And this duplication exists in order to be able to evade tax, placing governments under pressure to borrow more money, taking vast parts of the budget going towards interest is quite a foolish thing to do because that just makes the government more ineffective.

The most sought after jobs in the world should be those within the government that will require the highest level of expertise with very clear guidelines to ensure that the work delivered at all times is without question the best that can be. After all the foundation of respect between citizens is based on effectively delivering goods and services required to live. This is being hampered by the current methodology where especially profit and tax evasion plays a role and where the services of government are undermined – in many cases deliberately – simply to make profit quickly. This type of behavior which is a form of financial treason, should be outlawed in every way.

And therefore the positioning of accounting services really should be replaced by automation – this implies a universal software that is linked to the banking industry which is under Basic Income Guaranteed which automatically assesses the profit margins and automatically keeps a tap on the income to make sure that the minimum wage is always adhered to, as well as ensuring that nobody can defraud the system. The only reason why there is no transparency at any level when money moves is because there is dishonesty. Absolute transparency means nothing is hidden and one should also apply this within the context of the pricing of goods so that one ensures that when a company is operational, there is enough money moving to ensure everyone gets their wages and that there is sufficient profit for the investors, so that at the end of the day the sales tax and the value added tax are paid effectively. All of that can be automated, removing the human factor that at this stage causes so many problems, because of the temptation that still exists to abuse the use of resources for personal benefit.This will only be stopped in time through education and understanding how peace and harmony depend on our ability to trust one another.

Equal Life Foundation Research Team

 

Basic Income Guaranteed and Taxation

Living Income Guaranteed and Pensions

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Within a Basic Income Guaranteed system the need for unemployment, insurance, benefits, pensions and life insurance no longer exists. The resources that are placed within the shareholding of the citizenry is what facilitates the Basic Income Guaranteed and one qualifies for benefit from your shareholding when you are unemployed, when you are on pension or when you are in some way incapacitated and you cannot work – this implies that there is never a stage where one is without the necessary capital to actually sustain a living.

The industries that are currently profiting from all the misfortunes in a person’s life no longer need to exist because your Basic Income Guaranteed facilitates all the points and ensures that no one is ever without capital when they’re unemployed or if you have been in an accident and you cannot work = you’ll still have an income; the same applies if you have a family and the bread owner dies, the family still has an income. All the points where insurance existed which has been the recipient where people has placed their money, has caused such major havoc in the world within the financial sector because this money then goes into the stock markets to mess with the world food prices and to come with the idea that apparently ‘there are ways to make money’ so it becomes part of the global market casino. The end of this casino is possible with Basic Income Guaranteed, although other corporations will still probably want to benefit from it and have shareholding, that will still happen; but your shareholding will no longer be vested in major corporations or life insurance companies, it will be the individual that will invest through their bank – and the bank being one of their own businesses in which they have shares that will facilitate and manage the investment in the privately owned and financed corporations, so that the distribution of money and the management of the system becomes highly efficient.

All of this can be computerized with great simplicity as a mechanism that can be trusted once placed and tested. This is how we can reduce the problems coming from humans making mistakes, because with the machine and with software one can manage the distribution, the placement of investments a lot easier. So, a citizen can decide that they want to support a particular business and buy shares in it and then once there is a profit declared by that company, the citizen benefits from the profit through dividends – these dividends are tax free, because there is no personal tax and there is also no corporate tax – so one can use that to spend on luxury items and so, the cash flow of the economy increases, which means job creation increases which means there are more jobs available for people that want to earn a better living and not only exist with a Basic Income Guaranteed, yet Basic Income Guaranteed is sufficient to make a decent living.

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Equal Life Foundation Research Team

 

Basic Income Guaranteed and Pensions