.. a few of us who know how to game the system can win big. Knowledge is power. Money rules. This was accepted.
Synapsing
- a recent video (viral at 1M+ views) "BBC Speechless As Trader Tells Truth: The Collapse Is Coming...And Goldman Rules The World"
with
- earlier predictions and solutions published by Marjorie Kelly (2001) and Bernard A. Lietaer (2009).
And, no, apparently, as far as you can trust the Media and the Internet this is not a hoax or prank played on the BBC.
Looks like most of us lose
... in this casino where only 2 % of the total volume is an investment by buying shares from a company. Likewise in international currency trade where some 2% pays for goods and services. In both markets, 98 % is just trading, from one speculant to another, according to The Divine Right of Capital by Marjorie Kelly (2001).
The goal was to make money off of money.
You can imagine what was the gain or loss to society. Prices for food fluctuated wildly and hoarders caused artifical scarcity for no other reason than speculation. What do we the 98% stand to gain or lose by ceasing this practice?
There are alternatives. Or, rather: complementaries.
Complementary Currencies are now where Open Source Software and Microfinance were 10 years ago. -- Bernard A. Lietaer (2009)
More framing on this earlier post. Will this video from 2009 ever go viral at 20,000+ views? Up to you. Listen to Bernard Lietaer at TEDxBerlin.
There you have it for now. How have you decided?
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