Comments on: Central banks need to step up and help tackle climate change

By: joebhed

joebhed — Tue, 27 Jun 2017 16:04:00 +0000

Does Inanity prevail ?.

I send the link that is proposed legislation to take back the DEBT-money system, and you refuse to open it……. Because I didn’t adequately explain its content.
It’s proposed legislation…… based on ending the issuance of money as debt.

That legislation is proposed by Dennis Kucinich, the US’ most progressive Congressman until he was gerrymandered out of his District a few years ago.
It’s government issuing the money, without debt.
It takes money-issuance OUT OF the capital markets.
Cap and Trade relied 100 percent on capital markets. It was dumb public policy.
A carbon tax is direct enough – the fight being over what to do with the money.
So no, not a libertarian proposal.

The opposite of debt-based money – being the Bankers’ Money System used in the U.K. and the U.S., is Equity-based money – historically the Currency School system, and based upon having the government issue the new money needed to advance the economy and fund climate restoration.

You pay for it once, rather than 2 to 3 times.
Think Greenbacks.

The worlds leading central bankers are actually calling for an end to using monetary policy to advance our economies BECAUSE, in this system you need someone to take on more debt in order to have more money. And today, everyone is already debt-saturated.

The solution is to change to government-issued money, issued as national-equity.

If you open that link, it contains the whole process for accomplishing what is needed.

Thanks for your comment.

By: ChristBurns2YearOlds2

ChristBurns2YearOlds2 — Tue, 27 Jun 2017 15:27:00 +0000

Bankers, you should be looking for good will anywhere you can find it.
How are you even hesitating?
You know you are building bunkers to escape the wrath of the people. You know that means you acknowledge the potential.
Why don’t you do this yesterday?
Keep the receipts when you do it, thou, ultra-special ultra-worthy perfect ultra-competent rich people.

By: ChristBurns2YearOlds2

ChristBurns2YearOlds2 — Tue, 27 Jun 2017 15:24:00 +0000

Take back the money system how? What does taking it back mean. I have heard of “taking things back” being something that wasn’t good.
Pay for it with equity?
I am sorry. That is very vague and potentially right wing libertarian which is okay but I feel that I know the genre and I don’t need it.
I do not click on links if you won’t even give a description of what you think is so important.
I did check the other guy’s article because the way he described it it sounds interesting.
You could say that it is cap and trade.
You could also say that it is a carbon tax.
While acknowledging that no specific one thing will get us to 100% of our goal, but also that every thing which gets us part of 1% towards our goal is worth more than trillions.
Surely such proposals are going to be necessary and included, once we get the bitter nihilist global warming obstructing betrayers out of the way?

By: joebhed

joebhed — Sat, 24 Jun 2017 17:16:00 +0000

Thanks, but sorry, Dr. D.
A Fools Errand. Risk-managing the planet’s survival.
Seems like Twenty-First Century Cap and Trade.

No NEED to.
Take back the money system – and pay for it with equity.
https://www.govtrack.us/congress/bills/112/hr2990/text

What risk ?
It’s OUR money.

By: joebhed

joebhed — Sat, 24 Jun 2017 17:10:00 +0000

Josh,
You can’t get there (sustainability) from here (debt-finance).
https://www.theguardian.com/global-development-professionals-network/2016/nov/05/how-a-new-money-system-could-help-stop-climate-change

Debt don’t work for The Restofus.
It’s not the central banks you want on your side …….. it’s the ‘money-power’.
Public Money.

Let me know if I NEED to explain how.
Democratizing our central banks is just the icing on that cake.

Read Dr. Soddy’s “Wealth, Virtual Wealth and Debt.”.

The Money System Common.

By: Guy Dauncey

Guy Dauncey — Sat, 24 Jun 2017 17:00:00 +0000

I’m really glad you are raising this – I’m doing the same, based on the work of Matthias Kroll at the World Future Council:

Central Banks to the Rescue – the Biggest Climate Solution You Have Never Heard Of, by Guy Dauncey, https://thepracticalutopian.ca/2017/05/09/the-biggest-climate-solution-you-have-never-heard-of/

By: Dr D

Dr D — Wed, 21 Jun 2017 23:48:00 +0000

I would like to attract your attention to a new paper that introduces a new economic theory for a “Risk Cost of Carbon” and related central bank monetary policy for managing climate systemic risk.

http://www.global4c.org/journal-publication-global-4c/

By: Global 4C - Monetary and Market Policy for Climate Risk Mitigation

Global 4C - Monetary and Market Policy for Climate Risk Mitigation — Wed, 21 Jun 2017 15:30:16 +0000

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