13-minute video: discretionary income multiplied 4x when money redesigned for We the People

Hat tip: Ellen Brown

Scott Smith’s 13-minute 2014 TED talk pointing to obvious economic advantages for We the People if what we use for money is redesigned for public benefits rather than .01% parasitic advantages:

My one best paper on the topic of monetary and bank reforms from the 2015 Claremont Colleges’ conference, Seizing an Alternative Toward an Ecological Civilization. The benefits of these obvious solutions are ~$3 trillion to Americans yearly; equal to a 60% raise in household income.

15-minute video of obvious solutions: Mark Anielski and Ellen Brown’s powerful 15-minute response to an interview at the Seizing an Alternative conference with former World Bank economist Herman Daly and co-author John B. Cobb of For the Common Good (video should start at 1:04:43):

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Note: I make all factual assertions as a National Board Certified Teacher of US Government, Economics, and History, with all economics factual claims receiving zero refutation since I began writing in 2008 among Advanced Placement Macroeconomics teachers on our discussion board, public audiences of these articles, and international conferences. I invite readers to empower their civic voices with the strongest comprehensive facts most important to building a brighter future. I challenge professionals, academics, and citizens to add their voices for the benefit of all Earth’s inhabitants.

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Carl Herman is a National Board Certified Teacher of US Government, Economics, and History; also credentialed in Mathematics. He worked with both US political parties over 18 years and two UN Summits with the citizen’s lobby, RESULTS, for US domestic and foreign policy to end poverty. He can be reached at Carl_Herman@post.harvard.edu

Note: Examiner.com has blocked public access to my articles on their site (and from other whistleblowers), so some links in my previous work are blocked. If you’d like to search for those articles other sites may have republished, use words from the article title within the blocked link. Or, go to http://archive.org/web/, paste the expired link into the box, click “Browse history,” then click onto the screenshots of that page for each time it was screen-shot and uploaded to webarchive. I’ll update as “hobby time” allows; including my earliest work from 2009 to 2011 (blocked author pages: here, here).

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  • diogenes

    Thanks for Smith’s video. He is right on all counts. The 21st century economy runs on 19th century rails (and serves wealth inherited from that century first and most. There has been for many years a progressive consensus among a majority of Americans in favor of single-payer healthcare. How long to create a consensus for a 21st century revision of 19th century finance?