There is invisible labor performed by each human on the planet, that generates the largest stream of income…
..the simple, and typically compulsory, act of accepting currencies in exchange for our labor
Our acceptance is now the only guarantee of value money has, so just as gold formerly demanded interest in the process of money creation, we are now the gold, the interest is ours
WEF estimates about $255 trillion exists in the world, and about $200 trillion is sovereign debt (it really all is, because any currency in existence is a claim on all goods & labor in that market…) so the interest paid to maintain the existence of our currencies is the largest stream of income, and it is paid for access to our acceptance, our cooperation, our labor
A basic income earned from our participation in money creation isn’t redistribution, it’s just the correct thing to do
Doesn’t cost anything beyond the interest we pay to create a sufficient supply of affordable money (which we desperately need)
It’s also global, so the failure/instability due to floating exchange rates becomes sustainable stability
Each of us will have that dignity, as equal financiers of our Shared global socioeconomic system (which we are, we just aren’t getting paid… ‘cause it’s invisible/hidden)
Thanks for the considered perspective, and your kind indulgence
I do hope you will consider the rule
