As a young Entrepreneur caught up in the web of life, as a man inhabiting planet Earth, I often wonder what is the point to it all. Am I simply here to perpetuate the reigns of capitalism? The reigns that our forefathers lay in front of us. Am I to willingly submit to the tyranny of fractional reserve lending and the insanity of having a government that doesn't issue the money that they then tax you for using?
Maybe, call me insane. It appears, as I am a man of good faith. If money was issued by the government, then the dollars could be accounted. Instead of creating a debt when issuing a new unit of value (money) into the economy, why not simply keep account of the intentions (for why) the economy demands the new units of value be available for trade in the marketplace? This seems like a more sane approach to accounting, wealth management and the growth of our communities. Instead of having ledgers full of debt because members of our community seek more education, become sick or want to start a business, why not simply have the institutions that are issuing the units of exchange or dollars keep account for what it was issued. What will it take to change the equation?
The simple fact is that because of the way money is issued in this world, our governments will never be able to balance their budgets. Since no new money becomes available for trade within the economy without the creation of a debt, there will always be more debt then there is money available in the community to pay down that debt. We have a never ending cycle of inequality and poverty when we allow the principles of fractional reserve lending to govern banking.
Poverty; It is one of the most detrimental diseases we allow to still exist in our developing world. The very principles of fractional reserve lending which govern EVERY bank existing perpetuates the cycles of poverty. We live in a world where our collective financial equation can never equal itself. We will always live in a world ridden with poverty and despair if we do not change the formula for our method of accounting and dispersing resources. That is the study of economics: goods and services. How far is the supply from where the demand for such goods or services exist. Economics, in my eyes, doesn't need to include profit. The goal could be efficiency and the purpose of wellness. Money could be created out of nothing and be issued with intention. If my goal, as a man, is to be a well respected individual in his community and a master of his craft, how much money do I really need? What does wealth look like to me as an individual? Is it something that is dictated by the number of USD I have written next to my name in a ledger at a local bank? Is it the faith and good will I see and feel from the other members of the community I live with? Is money a good measure of one achievements? Am i going to feel like a better more connected citizen if I collect and save a million dollars? Or are the relationships I foster with others in this world a better indicator of the wealth I hold and bestow on others.
I have many questions about the world we share. I have lost my faith in this humanity. I have wished for death and have only been able to see the darkness. I have been poor, i have felt wealthy; I have worked hard. I have found many different qualities of light within myself. I have paid attention. Nothing in this world is free. No good time, No bad time. So look out for one another. Even the richest of Men are not islands. The brightest of lords, still cast shadows. We are a beautiful and evolving experiment on planet earth. I for one hope those that bow there heads to there hearts can cast there reigns on our collective financial institutions and rearrange the math so more people can prosper and live in wellness. With trust for there communities and world at large.
For a better world,
~~Wilhelm
Hello wilhelmsworld! Welcome to Steemit! Hope you'll like the community here. As a start, here are 5 tips that we believe will be helpful to you:
For a detailed writeup, check our post Getting Started: 5 Essential Tips for New Users.
Good luck on your Steem journey! Follow us if you like to receive more helpful tips and maximize your Steemit experience.
Welcome nice to have you here , maybe you are lucky to be joining when steem is at a really low price . When price is low less people are posting and you have a better chance to earn steem . I highly recommend you post a lot and keep on posting . Till you get to at least 15 Steem Power. Don’t give up . I don’t recommend you buy Steem Power but I do recommend you post often till you get to 15 Steem Power. If you can not post go ahead and make sure to vote at least 6 times when you wake up and 4 times when you are going to bed. Don’t forget to get all your friends to do the same! I repeat I would never tell someone to buy 15 steem but honestly for 95% of the people here will only get to 15 if the buy them ! It’s up to you Good Luck with the choice you make
Welcome to the steem community :-)
Welcome to Steem, @wilhelmsworld!
I am a bot coded by the SteemPlus team to help you make the best of your experience on the Steem Blockchain!
SteemPlus is a Chrome, Opera and Firefox extension that adds tons of features on Steemit.
It helps you see the real value of your account, who mentionned you, the value of the votes received, a filtered and sorted feed and much more! All of this in a fast and secure way.
To see why 3243 Steemians use SteemPlus, install our extension, read the documentation or the latest release : SteemPlus 2.19 : Updated Boost Button - Collaboration announcement - Earn more with SteemPlus points.
You are welcome to steem family.
Welcome to Steemit! Hope we can learn from each other!
Glad you made it here! Guessing by your name is there a chance you speak German or have german origins? (:
Welcome to Steem! Partiko is a fast and beautiful mobile app for Steem and we upvote our users to help them grow! Please feel free to download the Android app here and the iOS app here.
To get more upvotes, please join our Discord server here: https://discord.gg/N7Et97G
Welcome to Steemit! You have taken the first step in achieving many goals here at the crossroads of cryptocurrencies, blockchain, and social media. Consistent engagement is needed to progress and grow your following and influence. I am currently working on a weekly post to curate new users and providing them an introduction to the ecosystem. Unfortunately, I have not completed my research but stay tuned for more information on my blog. I wish you the best in your future endeavors! Look forward to tour engagement here on Steemit!