National Debt Solution

I agree Matthew about the pinch on the purse it will create but my argument for less over longer is that the debt will continue to grow. Best example is how short a time the debt went from 8 bln to 128. An upside of the COD model is that as the fund grows it will earn interest this will shorten the length of time needed. If others agree $0.10 is too much over a shorter period then we'll come back to your suggestion. So you like the model but 10 cents is too high?

I watched Zeitgeist addendum the other day. or maybe it was the third one. It taught me how silly it is to take things like "national debt" seriously...

The truth as presented in Zeitgeist Addendum tops all horror movies ever made :)

I've thought about National Debt a lot, perhaps there is a way to curb the national spending to reduce it or at least make it sustainable without adding a tax. Not a bad idea but the question is how to actually convince the average person that we need to add the tax as it will be met with hostility, even a small one.

Also where is your data from, i get different readings on debt in New Zealand, Treasury for instance puts it at around $65bn (net) $87bn (Gross), still too high of course, would be good to bring it around to $5bn at some point so its not too far above our GDP.

Can't remember where I read 128 bln but happy to be corrected. Colin's link shows 87 bln. agreed still too high

For those that are interested and also those only slightly interested – check out this clock
http://www.nationaldebtclocks.org/debtclock/newzealand

Hi Grant,

I’m surprised to start getting emails from you and Adele! My husband and I are no longer members/participants in the Internet Party….since soon after it started. Please remove us from Membership and all email lists, thanks.

Leslie.waldron@gmail.com Leslie Waldron

Christy.waldron@gmail.com Chris Waldron

Sorry you received this unsolicited. I do not manage Loomio to be able to remove you but you can log in to Loomio under your user accts and unsubscribe from these lists.

This is good, we have achieved engagement and debate. I do not presume the COD model as perfect I am definitely not an accountant but we have a problem and if the Internet Party can address it with a solution then that is what we are doing in this thread.

On how many purchases needed to make 10k per year per person. I came up with a rounded number based on how many things I buy per week at lower middle income, guesstimated how many more purchases a higher middle income person would make, added a decreased value for lower income beneficiaries, included into that what I remember life was like as a high income earner, tallied in those not directly receiving income; children etc, and came up with that magic number. It is by no means exact but is close my understanding of living and spending in NZ.

On having a better tax system I agree wholeheartedly but.....
The point of the COD example is that the funds acquired from where-ever by whatever means needs to be locked away until the goal target has been reached. Hands-in-coffers is my argument there. Money in govt gets moved around so many times to so many different depts when it is needed that the nation ends up in debt.

Just default on the debt. It was entirely invented in the first place, banks be they central or commercial are simply adding zeros to their computers.

Bring back a gold/silver standard. This would collapse the utterly ridiculous derivative trade, which is circa ten times global gdp

Regards
Bruce

I had been working on a software based on the bitcoin protocols. Its finished now and I talked to the reserve bank nz about launching it. Was informed that can be done and be a working currency solution in nz under certain licenses. I then came to the conclusion to run effectively it would need to be gold and silver based. This is my perfect solution for nz's solutions and I agree we have to get the hands of the international banking corps out of nz's pockets. Why haven't I launched that program? I may be a good developer but I am not rich enough to buy the gold lol.

The Gold Standard has never worked for two immediate reasons:

1. It doesn't expand at the rate of the growth of the economy resulting in deflation
2. Due to money always going to the rich (Piketty) we end up with no money in the economy

Fiat currency works but we can't leave it to the private banks to create that money as they use it to boost speculation (primarily on housing) rather than for productive capacity. Productive capacity is really incredibly risky to produce.

Its always good to have some debt, from a financial perspective as long as the interest rate is low and it is manageable. I agree with the motion that it needs to be brought to a lower level but i'm hoping that we can achieve it through creating surplus in government spending rather than adding a new tax, for the most part the difficulty would be convincing voters to add a consumption tax like the one proposed. Firms would likely shift the tax burden to customers rather than absorb the tax themselves.

I don't think that simply ignoring it as some "made up" system would do us any good. True the money multiplier system the banks have in place is ridiculous and in honesty should be lowered five-fold but going default and rebelling would get us into trouble.

From reading this I gather that a system that creates an acceptable surplus that could as defined in COD be banked specifically for debt recovery would be your ideal?

If its possible to reduce spending, it would be a hard road ahead in that case.

On the other hand if you wanted to stay in deficit for growth we could simply reduce our deficit rather than go straight into surplus, below is an article which explains that the debt as a ratio of debt-to-GDP can decrease even in Deficit. Therefore we would be reducing our debt-to-GDP ratio rather than absolute debt.

http://www.economist.com/blogs/freeexchange/2015/11/what-britain-forgets

Awesome, will read this tonight. Tks

I don't agree with this option, there are many people who are already struggling financially and this would place further burden on them. The smartest option would be to follow Colorado on legalisation which would introduce millions into the tax economy..it's a no brainer..enough money would be generated by tax to pay off the national debt in a pretty quick time I would think.

We carried over the Cannabis policy from the Greens and ran with it last year. Our plan at present for this election is to not change those policies and to stay with our core stuff with perhaps the inclusion of a couple of new policies. I am running this thread because a few people had indicated that the party really ought to have a solid financial plan. With regards to income generated for cannabis that income was assigned to our other policies; faster internet, startup IT incubators, etc, all of the tech stuff. by offering cannabis as a policy we were able to say in 2014 that cannabis would be able to fund the new initiatives that the party was proposing and hence not be a burden to the tax payer. That being said the Greens have picked cannabis up again and are running with it for this election so I think we may as well let that one go.

I don't know if I back a new tax but this is something we should definitely be looking at. My problem is that I don't think we have enough accurate information to judge what we would need to do to make this happen.

For instance we don't have a proper number for how much debt we have and who do we actually owe this debt to? Do we have any economists that are able to explain this and can break it down into easily understandable information for me please?

I can enlighten a little here. I started as conversation in facebook a group called something like nz politics. I asked there that there should be an inquiry into the national debt and that conversation is gaining some ground. for the party's financial policy I will be asking that the party include that point: We want a public inquiry into the management of that debt and where the money went as well as an audit. but to build a financial policy as we are doing here we need something solid to replace the current system / improve the current system / or add to the current system that will put nz's books right. So yes I agree; do we have any accountants/ economists on board that could bring substance to this development?

I am an Economist and associated with a University (AUT) So i could conduct a proper literature review on the perspective of national debt if you wanted me to by going through academic papers on it.

There must be a misunderstanding.

The rate of increase in Gold production p.a. is about the same percentage of growth “required” by the current central Banking system that you appear to support.

The RBNZ is allegedly a publically owned function.

It is supposed to create inflation, on behalf of the NZ population?

At which Multinational Corporation did you acquire your knowledge?

I was with J&J for 22 years, and you seem a bit simple.

B

RBNZ is supposed to target inflation and keep it between 1-3% (so far struggling to keep it above 1%), and I do agree that banks should not have such a high money multiplier, e.g if someone deposits $50 in a private bank they may loan out $100 and create $50 out of thin air depending on the multiplier.

The rate of increase in Gold production p.a. is about the same percentage of growth “required” by the current central Banking system that you appear to support.

Then perhaps you can explain why it never worked?
Why, when England tried to go back on to the Gold Standard after WWI doing so crashed their economy while the French were doing well under a fiat system?

You'll note that the US dropped the Gold Standard in the 1970s because they had been producing more money than they had gold.

It is supposed to create inflation, on behalf of the NZ population?

Yes, actually, it is - well, actually, I suppose it's for businesses. If it didn't we'd have a deflationary spiral. Part and parcel of the profit drive. When the system requires that you make a profit but prices are going down then all you end up doing is losing money.

A few other important links that need reading:
How did we end up here?
Banking misconceptions
Videos

It's not fiat money that's the problem but the fact that the private banks create money without limit and that it then gets used for speculation.

Financial Plan.

Yes, return to a gold/silver/platinum/etc standard.

Stop money being something rich folks make up for themselves, as zeros on computers generated through high velocity wire trading.

B

Immediate freeze on all debt repayments, debts limited to two years after which they expire
Debt funded growth is bullshit

Agreed. The US dropped the gold standard in the 70's because they couldn't afford the war in Vietnam whilst maintaining the gold standard.

"Then perhaps you can explain why it never worked?" I think you will find that, throughout the history of mankind, a gold standard has worked for very much longer than any other accepted "standard"

Also during the 70's a deal was done with OPEC, essentially Saudi Arabia, such that oil would only be traded in US dollars, globally. Hence the petrodollar, the de facto global currency that is primarily backed by guns. Throughout history the world's leading currencies have been backed by gold and brute force. Now the US dollar is backed by global military might and God help countries who don't want the US dollar, they will find their regimes "changed".

Relaxation of banking regulations has allowed the proliferation of complex financial derivatives and the money from quantitative easing has not been used to create productive capacity, it has been handed to private banksters who have used it for speculation, to their considerable personal advantage.

As far as I can tell the global financial system is a giant ponzi scheme, designed to help the rich get even richer.

It is difficult to describe the entire system in a few words but please take a look a the link below if you haven't seen it before. Note that gold is now a tiny element of 'worth' and even that is confusing as there are estimated to be 100 times more gold ETFs/'paper gold' than there is bullion. Most 'worth' is held in derivatives - which is a joke as these are essentially bets between banksters.

All of the World's Money and Markets in One Visualization ( http://money.visualcapitalist.com/all-of-the-worlds-money-and-markets-in-one-visualization/ )

( http://money.visualcapitalist.com/all-of-the-worlds-money-and-markets-in-one-visualization/ )

All of the World's Money and Markets in One Visualization

How much money is there in the world? This visualization compares the world's richest people, companies, and...

Regards
Bruce

The rich get richer because they know how the system works and how to take advantage of interest rates and investment. If NZ government as a whole begins to understand how it works then we will gain an advantage against other countries by being able to manage and utilize our debt properly.

The U.S is in a strong position, and its democracy is dodgy at best. (Its public knowledge for instance that the DNC pushed Clinton over Bernie to win). Therefore we need to try generate our own advantages and one start is to ensure that the country is sustainable in the long run by reducing the Debt-to-GDP ratio. Of course we could ignore it for now as some suggested since our debt level is actually one of the lowest in terms of developed countries.

Debt-to-GDP ratio list

http://www.tradingeconomics.com/country-list/government-debt-to-gdp

NZ historical D-t-G ratio

http://www.tradingeconomics.com/new-zealand/government-debt-to-gdp

It did spike during 2008 and through 2011, possible due to Canterbury earthquakes, but might be a good idea to bring it back down to 10% from 25% ish.

ALERT: Former Soros Associate Just Warned We Are About To Witness 'Absolute F*cking Chaos' Across The Globe - King World News ( http://kingworldnews.com/rmer-soros-associate-just-warned-we-are-about-to-witness-total-fcking-chaos-across-the-globe/ )

( http://kingworldnews.com/rmer-soros-associate-just-warned-we-are-about-to-witness-total-fcking-chaos-across-the-globe/ )

ALERT: Former Soros Associate Just Warned We Are About To Witness 'Abso...

Today a former associate of George Soros told King World News that we are about to witness "absolute f*ckin...

Regards
Bruce

what we dont want to do is take a broken budget based on a broken system and apply a tweak to fix it.
simply applying another tax wont do anything.
we need to start with a new budget!
you would maby be very surprised how much funds are availiable and how much is being syohened off to a few managers

This is all very good stuff so lets pause midway and do a quick summary;
Adding a tax as first suggested, not affordable.
Fixing the current system will add chaos to chaos.
Moving back to gold, good idea but will need a new system.
Go back to basics with a new budget but isn't that what got us in this mess?

And we still have digital.

We need a policy that takes us from today to tomorrow, lessens the national debt, and primarily puts more money back into nz'ers pockets ie. lowered taxes.

How about this as a 20 year plan....
A new budget is first step.
New budget incorporates govt.'s purchase of gold.
That gold is placed in the care of a newly setup agency and does not belong to a bank or the current reserve.
Lower the national debt by an agreeable manageable portion.
Start the move to digital currency base on the new gold reserve.
Finalised by complete removal of the derivatives system. As mentioned; why not just default on it.

Correct; but it might be difficult for the “few managers” to relinquish their privileges.

I think you might find that it is these few managers who run the show, employing a notion called hierarchical power.

It’s the shit that comes with “Freedom”, “Democracy” and most importantly… “The Rule of Law” – a set of obedience principles the rich employ in order to get you wage slaves to conform to their Will i.e. how the rich get it all and the poor remain stupid.

B©superHUMANism®2017

That's where I get stuck on introducing a new budget. Ideally we want to have a house clean first, perhaps an inquiry into who's pulling the budget's strings so we can weed some or most of those managers out?

as above, I agree NZs national debt needs to be addressed, but uncertain an additional sales tax will be collected easily enough to justify it.. What would the cost be of implementing it? Think of the cost of 15% GST in changes to systems and compliance - and more recently the "netflix' tax - GST Reform hoping to collect $180 million tax leakage more per year. Fixing a number of other tax leakages could fund this better.

The technology exists, i.e. The Blockchain, whereby every exchange of our currency could be recorded on an encrypted ledger.

We would find where every bit of cash was flowing in a chain that is unbroken since its inception, allegedly.

New Zealand could try something new, by local experiments perhaps – like stopping bombing us with 1080, preferably where I live. Or making cannabis legal like Holland did with just Amsterdam.

Why would you want to give another tax to the only people paying tax, i.e. the ones without the tax havens (the tax havens where all the money and the best food, drink, and beautiful people go)?

Unless I have misunderstood folk’s intentions here, I was thinking about ways in which we could create a society that genuinely has leadership, sworn with the sole objective of creating the greatest good for the greatest number?

I fervently agree that aerial topdressing 1080 is hugely costly unethical and ineffective,

how much does the "war on drugs" cost us?
how much does prison as retrebution cost us? (custodial sentence should only be used for the immediate protection of persons, release the rest!)

these three items are just a start, we need a root to leaf look at what government spends its money on

i guess my solution would be a new currency , crypto based , government issued.
devalue the existing currency to some infinementesimal percent and repay the debt with it

i guess my solution would be a new currency , crypto based , government issued.

Here's my short summary on going cashless.

devalue the existing currency to some infinementesimal percent and repay the debt with it

Actually, you just exchange old currency for new currency at a one for one basis but only for a short time, say, one year. After that the old currency isn't worth anything as it would no longer be legal tender.

ahh i wasnt actually proposing cashless (but your summary is interesting read!) and you make the point that cash is a small part of transactions anyway.

The important point is the basis for the money and Blockchain tokens (of whatever flavour) seems the logical choice at this time.

@brucecollings

I think you will find that, throughout the history of mankind, a gold standard has worked for very much longer than any other accepted "standard"

I've read the history - the Gold standard has never worked for more than a few years. Fiat money has - especially once we got a few rules on it and reigned in the private banks to large degree. More needs to be done to prevent them creating unlimited amounts of money.

Throughout history the world's leading currencies have been backed by gold and brute force.

No they haven't. A currency is always backed by its economy even when it uses a Gold Standard. The only reason for a Gold Standard is that gold can be easily converted to another currency. In other words, it almost works for foreign exchange.

A good read on the history of money is: Debt: The First 5000 Years

Also during the 70's a deal was done with OPEC, essentially Saudi Arabia, such that oil would only be traded in US dollars, globally.

And that needs addressing as well. A nations' resources need to be priced only in their own currency with floating exchange rates with those rates then based upon the flow of money and trade.

Take our trade with China as an example. For the last few years we've had a trade deficit with China. We've been importing more from them than we've been exporting. This should have resulted in our currency dropping against the Chinese yuan to the point where our dollar is actually less than the yuan. But because of the use of the US$ as a 'Reserve Currency' and China purposefully fixing the yuan to the US$ well below its true value to boost exports this true state of affairs hasn't been allowed to happen.

If things had been allowed to work correctly we wouldn't be importing anything from China as it would be far too expensive. To fix this what we need to do is declare that we don't recognise a reserve currency, only pay for goods from a country in that countries currency and only accept our currency for goods made in NZ.

Relaxation of banking regulations has allowed the proliferation of complex financial derivatives and the money from quantitative easing has not been used to create productive capacity, it has been handed to private banksters who have used it for speculation, to their considerable personal advantage.

Yep. It's put us back to when the banks continuously crashed the economy because they weren't held to account and created huge amounts of money. That's what the problem is now - the private banks creating huge amounts of money and lending it for speculation. And they were using a Gold Standard then as well.

The solution for that is rules. One very necessary rule though is that only the government can create money. The second one is that the money bears no interest.

Real Monetary Reform

Even with a Gold Standard we still need those rules. In fact, even a Gold Standard is fiat currency. It would be a currency only because government says it is.

http://www.gold.org/history-and-facts/gold-money

Regards
Bruce

I've read your 'cashless' piece and you appear to blissfully unaware of the blockchain?

Why?

Regards
Bruce

the blockchain is the absolute best approach for digital currency. In all the years since its creation it still stands strong. however I would advise away from bitcoin due to the USA's influence over it. We would want our own coin. Many have and still do build alt-coins based on the same blockchain used in bitcoin and these new altcoins have developed into what some may say are better solutions than bitcoin. I know this because I have built an alt-coin from a raw blockchain up.
Oops, edit. Forgot main point; when building a new currency from the blockchain all we would need to do is eliminate the mining feature. I did this in mine. So basically one server is the reserve (holds all of the coins ready for distribution) and another server is dedicated to mining new coins when they are needed.

That's mostly because that piece wasn't really about the technicalities but about how a cashless system might work.

Gold has always played an important role in the international monetary system. Gold coins were first struck on the order of King Croesus of Lydia (an area that is now part of Turkey), around 550 BC. They circulated as currency in many countries before the introduction of paper money.

See, this is why you should read Debt: The first 5000 years.

The first currency known was actually paper currency in Sumer ~5000 years ago - around 2500 through 3000 BCE. Nations have switched between the two over history. As one stopped working satisfactorily they switched to the other.

The most important point is, of course, that even paper money doesn't have to be debt based. The government creates it, spends it into the economy and then taxes it back out to control the level of money in the system. There's no debt and no interest involved as now.

ALSO Bitcoin is generated by "mining" (power intensive and them with the most resources get!) and the number of bitcoin is set by mathematical limit

We want our own currency wher both issuing and total value are under our governments control

I don't like BitCoin and that's got to do with the continued failure of private money systems as they always end up with too much money in the economy. The fact that those with huge amounts of processing power essentially get money for free, i.e, they're not actually doing anything of value.

IMO, BitCoin and other similar private currencies all need to be banned.

true. with Bitcoin this is especially true there are a few at the top including the CIA (search engine: how many bitcoins does the CIA own. you'll be shocked) sitting on squillions but in argument the blockchain as a tool itself is not evil and if administered only by the govt, then essentially its just another currency issuing reserve

Correction: FBI http://www.ibtimes.com/worlds-biggest-bitcoin-wallet-owned-us-government-1514100

I suppose some cash could be generated against some crypto currency , these crypto coins would be "locked" except if the cash was returned,

also it would be really good to go here http://www.budget.govt.nz/#
and start pulling this apart and seeing if it can be reconstructed in a way that works for the citizens without incurring debt

I think we need some real currency/ Point being put a dollar in the parking meter. Upgrade the nation's parking meters or simply issue dollar coins.

I've got a HOP card - much easier than carrying around coins for parking.

I haven't carried cash in ten years.

Of course, I also haven't owned a car in ten years.

The FBI needs all those Bitcoins to by stuff on silk road

Sad thing is Silk Road and co. adds value to bitcoin and drives it up, thus if you invest in bitcoin you are pretty much betting on that criminal enterprise booms.

Edit: of course its not the only driver, I just mean it adds to it.

oh hang on they are silk road

Bitcoin is pretty much like a stock, and I've seen a number of individuals become millionaires from speculating, (its over $1000usd atm). It makes sense that the CIA(FBI) would hold a position from a pure financial perspective.

Yes the most important thing is that currency must not become a thing to speculate on... which rules out Bitcoin!.... and the NZ$

Utter nonsense, please do a bit more research

Regards
Bruce

explain !

which part?

The part claiming that Bitcoin was all about Silk Road and criminality

Regards
Bruce

oh yeah that! I agree !

If you check out the last edition of The Keiser report online, in the second half you'll see an Indian guy talking about how fast Bitcoin is growing there, fo example.
Also the huge amount of gold held by the Indian population, c 20,000 tons?. All the Eastern/Asian countries have much more faith in gold than any fiat currency

Regards
Bruce

It isn't all about criminality of course but its hard to say it has absolutely no impact on the value of bitcoin.

Bitcoin has demand as a currency for many reasons, whether for freedom, for profit (Treated as a stock) etc. Its anonymity makes it effective for certain transactions, at least back in the day, now alt-coins seem to be picked up more so.

It can't be proven but I don't think it can be completely rejected, at least with just simple correlation analysis.

Just things to think about

well as far as i can see , having watched the exchange of bitcoin for the last little bit (now that we accept them as membership subscriptions) the biggest influence on Bitcoin at the present is Kim Dot Coms twitter machinations and mega.2+ bitcache

(edit) ironically that would suggest that the FBI's interest would be served by KDC making a success uf MU2

alt-coin, maxcoin, unicoin etc etc are all employing the same basic system, they are all part of the blockchain record and to that extent they're all sub-sets of bitcoin.
I am getting a bit bored by your lack of understanding of this

Regards
Bruce

Ahh not so fast Bruce
Bitcoin has a specific method of generating new coin which is essentually a private enterprise model (mining) also there is a mathematical limit on number of Bitcoin

It is not inherent in a blockchain currency that either of the above case is a requirement.

these are fundemental differences in terms of our discussion of how a society manages its currency. we can usefully look at blockchain currency outside of the bitcoin model

Agree.

My point is that if you wanted a transparent means of logging financial transactions the blockchain is an existing methodology.

People here have spoken about bitcoins anonymity and it's true that you can conceal your user identity but you CANNOT conceal your transactions, they are recorded digitally in perpetuity (allegedly). It would be an excellent way to control e.g. ones currency.

As I recall, there can only be 21 million bitcoin but it is infinitely divisible and all the other 'coins' e.g. one's National currency could be a sub set within the blockchain.

Regards
Bruce

The red tape around implementing this I'd imagine might be enough to not make it worth it.

CryptoCurrency discussion should have a lot of their own threads ;)

I am in agreement that a solid budget should be our platform. Although I prompted this policy I had always hoped that it would indeed get ripped apart by the members and a better solution be found. Today I think the consensus of the members is to go with a solid robust Internet Party driven budget. We should keep this thread open and now move onto working on such a budget.

agree start work on a comprehensive Internet Party budget

1 outline of the purpose and measures for the IP Budget
2 analysis of this http://www.budget.govt.nz/budget/2016/at-a-glance/index.htm

Also some useful data sets to go through on excel
http://www.budget.govt.nz/budget/2016/data-library/index.htm#forecasts

Goes with the report prepared by "Honorary" Bill English
http://www.budget.govt.nz/budget/pdfs/budget-at-a-glance/b16-at-a-glance-hr.pdf

Increasing the buying power of consumers is always a good objective, not sure if deflation is the main goal, maybe disinflation ensuring that the dollar is stable while encouraging production and competition to make prices more competitive or something rather than monopolies holding all the price setting power

A call for volunteers to be the core team for hard writing the IP Budget.
And the rest of us (including me) that do sit on the soft cushions not being accountants and economists can help nut out the finer points of in here.

yes but its for us "soft cusion" brigade to discuss the first
what is the intent of the budget?
how will we measure its success?

I have an indicator that experts my not take seriously at first but bear in mind we are going for a whole new paradyme here

The primary indicator of success of our monetary policy will be the buying power of essentials of life of the new zealand dollar.. IE deflation !

ahh yes disinflation is much more palatable than deflation!

i propose we use the term disinflation rather than delfation (or "defalatio" !)

yes the next step is to deconstruct www.budget.govt.nz

1. Look up on Google "Odious Debt" ... if the nation and it's citizens did not benefit from the loan then the debt is odious, fraud and the debt of the "individual or corporate govt that signed it off and not the debt of the citizenry.

2. All national debt to the US Federal Reserve Bank is fraud as they don't back their FRN with gold

3. Word is all global debt was paid in full 2005 by the Chinese Dragon Families

4. The criminal transnational cabal globalists are being assassinated and arrested by White Hats according to David Wilcock, Neil Keenan and many others., so their reign is ending.

5. The new financial system the Asian Infrastructure and lnvestment Bank (AIIB) established by Brazil, Russia, India, China and South Africa (BRICS) in opposition to the corrupt western financial system is no we offering nations trade deals

6. TPPA is dead hence the visit this week by China's 2ic to discuss FTA and NZ's move away from USA trade to the Eastern BRICS alliance

7. With new hidden technologies about to be released to the civilian markets jobs will be replaced by robots and nanotechnology so a Guaranteed Basic Universal Income is inevitable and will occur within 3-5 years on a global basis...

These are the issues your party should be aligning with.

Regards

Peter Capper

1. The citizenry are the government.
2. Bollocks. Gold backed currencies are a delusion spawned upon the misunderstanding of what an economy is.
3. Citation needed but I'm calling BS on that
4. Citation needed but I'm calling BS on that
5. It's not a new financial system. It's exactly the same as the delusional one we have now it's just controlled by a different hegemon.
6. The TPPA has been dead for quite some time because the people don't actually want it as it will cause them more poverty. Same applies to all trade deals actually but their death hasn't yet made the news. Some politicians and economists don't want to believe that though.
7. It's not hidden technologies - just development of tech that most people don't know about.

I think 3. is a ref to this - https://www.youtube.com/watch?v=SROw5-p4AKY by THRIVE re the BRICS - and the global economic shift from valuing money to valuing people. It's certainly an encouraging shift.