Achieving Self-Funding Local Sovereignty as Global Food Systems Collapse

The solution to the current food crisis is small and local, including growing food locally. But how to fund local food co-ops without pricey loans from big banks?

“Deglobalizing” and “dedollarizing” have been much in the news. Reducing dependence on the global supply chain and the U.S. dollar are trends that are happening not just internationally but locally. In the United States, we have seen movements both for local food independence and to divest from Wall Street banks. The burgeoning cryptocurrency movement is another push to “dedollarize” and escape the international bankers’ control grid. 

This article is a sequel to one discussing home gardens and community food co-ops as local counter-measures to an impending food crisis. The question to be addressed here is how to fund them. What sort of local currency could fund food co-ops independently of the credit dollars we get from banks?

But first, some framing of the problem. It’s not just about temporary food shortages. It’s about sovereignty from the sort of global control foreshadowed in Henry Kissinger’s notorious statement, “Control food and you control the people.” 

Continue reading

A Reset that Serves the People

Instead of buying into the World Economic Forum’s dystopian “Great Reset,” we can build an alternative system with a mandate to serve the people.

This is part two to a May 4, 2022 article called “A Monetary Reset Where the Rich Don’t Own Everything,” the gist of which was that national and global debt levels are unsustainably high. We need a “reset,” but of what sort? The “Great Reset” of the World Economic Forum (WEF) would leave the people as non-owner tenants in a feudalistic technocracy. The reset of the Eurasian Economic Union would allow participating nations to opt out of the Western capitalist system altogether, but what of the Western countries that are left? That is the question addressed here.

Continue reading

A Monetary Reset Where the Rich Don’t Own Everything

We have a serious debt problem, but solutions such as the World Economic Forum’s “Great Reset” are not the future we want. It’s time to think outside the box for some new solutions.

In ancient Mesopotamia, it was called a Jubilee. When debts at interest grew too high to be repaid, the slate was wiped clean. Debts were forgiven, the debtors’ prisons were opened, and the serfs returned to work their plots of land. This could be done because the king was the representative of the gods who were said to own the land, and thus was the creditor to whom the debts were owed. The same policy was advocated in the Book of Leviticus, though it is unclear to what extent this biblical Jubilee was implemented. 

Continue reading

Rather Than Sink Main Street by Raising Interest Rates, the Fed Could Save It. Here’s How. 

Inflation is plaguing consumer markets, putting pressure on the Federal Reserve to raise interest rates to tighten the money supply. But as Rex Nutting writes in a MarketWatch column titled “Why Interest Rates Aren’t Really the Right Tool to Control Inflation”:

It may be heresy to those who think the Fed is all-powerful, but the honest answer is that raising interest rates wouldn’t put out the fire. Short of throwing millions of people out of work in a recession, higher rates wouldn’t bring supply and demand back into balance, a necessary condition for price stability.

The Fed (and those who are clamoring for the Fed to raise rates immediately) have misdiagnosed the problem with the economy and are demanding the wrong kind of medicine. …

Prices are going up because crucial inputs—labor, electronics, energy, housing, transportation—are in short supply. Normally, the way to solve this imbalance would be to give workers and businesses incentives to increase their supply. …

The Fed has been assigned the job of fixing this. Unfortunately, the Fed doesn’t have the tools to do it. Monetary policy works (in theory) by tweaking demand, but it has no direct impact on supply.

Continue reading

From Lockdown to Police State: The “Great Reset” Rolls Out

Mayhem in Melbourne

On August 2, lockdown measures were implemented in Melbourne, Australia, that were so draconian that Australian news commentator Alan Jones said on Sky News: “People are entitled to think there is an ‘agenda to destroy western society.’”

The gist of an August 13th article on the Melbourne lockdown is captured in the title: “Australian Police Go FULL NAZI, Smashing in Windows of Civilian Cars Just Because Passengers Wouldn’t Give Details About Where They Were Going.”

Another article with an arresting title was by Guy Burchell in the August 7th Australian National Review: “Melbourne Cops May Now Enter Homes Without a Warrant, After 11 People Die of COVID — Australia, This Is Madness, Not Democracy.” Continue reading