1 00:00:15,500 --> 00:00:19,000 Awakening 2 00:00:37,685 --> 00:00:39,725 The world today is broken. 3 00:00:39,917 --> 00:00:43,999 Business, financial and political leaders have led us into despair 4 00:00:44,139 --> 00:00:48,576 and the selective pop-culture style news that floods our mainstream media 5 00:00:48,768 --> 00:00:51,678 have done nothing but fuel anger and confusion 6 00:00:51,865 --> 00:00:56,073 among the American population and the population of the world. 7 00:00:56,355 --> 00:00:58,860 Fortunately there is a logical solution to fix 8 00:00:59,000 --> 00:01:02,539 many of the ills that plague us all today 9 00:01:02,829 --> 00:01:05,749 but one of the hardest things for a culture to do 10 00:01:05,889 --> 00:01:09,468 is step back and realize that a major shift needs to occur 11 00:01:09,608 --> 00:01:12,965 in order for the future of their children to be secured. 12 00:01:13,156 --> 00:01:16,069 The solution is simple, but it is not easy. 13 00:01:16,261 --> 00:01:18,374 Changes of this nature never are 14 00:01:18,561 --> 00:01:20,860 but they are obvious throughout history 15 00:01:21,000 --> 00:01:25,225 and they mark key points in humanity where we rose to the next level 16 00:01:25,375 --> 00:01:30,000 and made life better for a larger group of people. 17 00:01:34,865 --> 00:01:38,246 History can be broken into levels of development. 18 00:01:38,428 --> 00:01:41,970 Level 1 showcased the nomadic and cave-based humans 19 00:01:42,152 --> 00:01:47,070 capable of only sustaining themselves, their mate and their children. 20 00:01:47,220 --> 00:01:50,400 Level 2 showcased the hunter/gatherer humans 21 00:01:50,540 --> 00:01:52,999 capable of sustaining their group. 22 00:01:53,139 --> 00:01:55,981 Level 3 showcased the agricultural humans 23 00:01:56,121 --> 00:01:58,585 capable of sustaining their towns. 24 00:01:58,772 --> 00:02:01,647 Level 4 showcased the industrial human 25 00:02:01,829 --> 00:02:03,800 capable of sustaining large cities 26 00:02:03,996 --> 00:02:07,085 their nation, and nations in desperate need. 27 00:02:07,235 --> 00:02:11,733 Now we are at the doorstep of Level 5, the technology human 28 00:02:11,945 --> 00:02:15,695 capable of sustaining the world and the entire human population 29 00:02:15,835 --> 00:02:17,860 at a high standard of living. 30 00:02:18,000 --> 00:02:19,770 As each new level was reached 31 00:02:19,910 --> 00:02:22,637 a change in the economic system needed to occur 32 00:02:22,777 --> 00:02:26,174 in order to be the most efficient for the new paradigm. 33 00:02:26,356 --> 00:02:29,529 What needs to change now is the system of economics 34 00:02:29,716 --> 00:02:32,137 that governs the Technological Age. 35 00:02:32,344 --> 00:02:36,888 What’s needed is the proper resource utilization of the entire planet 36 00:02:37,028 --> 00:02:40,768 for the benefit of the entire human race 37 00:02:41,416 --> 00:02:44,250 and not just a portion of it. 38 00:02:53,078 --> 00:02:55,860 Before we detail this change 39 00:02:56,000 --> 00:02:59,351 we must start by addressing the problems we are facing today 40 00:02:59,554 --> 00:03:03,357 and the root cause as to why we have them in the first place. 41 00:03:03,590 --> 00:03:05,860 Only by understanding our problems 42 00:03:06,000 --> 00:03:10,046 and how they came about, can we begin to develop a solution. 43 00:03:10,311 --> 00:03:13,860 We have inflation, ever-increasing taxes 44 00:03:14,000 --> 00:03:17,860 significant unemployment, political corruption 45 00:03:18,000 --> 00:03:21,499 energy concerns, financial instability 46 00:03:21,639 --> 00:03:26,125 crime, environmental issues, and so much more. 47 00:03:26,265 --> 00:03:29,495 It is obvious why the world is so stressed 48 00:03:29,635 --> 00:03:32,395 and humanity suffers as it does. 49 00:03:32,535 --> 00:03:36,724 Now, more than ever, is the time for humanity 50 00:03:36,864 --> 00:03:40,985 to stand up and do something about it. 51 00:03:45,154 --> 00:03:48,218 Politicians and industry alike have repeatedly tried 52 00:03:48,358 --> 00:03:52,695 over and over to solve these issues, and never once have they succeeded. 53 00:03:52,835 --> 00:03:56,343 The best they’ve ever done is delay or mask the concerns. 54 00:03:56,483 --> 00:03:59,525 The reason for this will be made clear during this video. 55 00:03:59,665 --> 00:04:03,215 In short, it’s because no one has ever seriously addressed 56 00:04:03,355 --> 00:04:05,603 the root cause for all of these issues 57 00:04:05,743 --> 00:04:08,500 and that cause is the outdated system of economics 58 00:04:08,640 --> 00:04:10,860 we use around the world today. 59 00:04:11,000 --> 00:04:14,349 The monetary system, or more specifically the price system 60 00:04:14,540 --> 00:04:17,860 is the basic underlying factor that is the fundamental cause 61 00:04:18,000 --> 00:04:20,412 for all of the issues we are facing today. 62 00:04:20,599 --> 00:04:24,631 By definition, a price system is any economic system 63 00:04:24,771 --> 00:04:27,615 that effects its distribution of goods and services 64 00:04:27,806 --> 00:04:30,703 with prices based on commodity evaluation 65 00:04:30,843 --> 00:04:34,200 and uses any form of money or debt tokens. 66 00:04:34,412 --> 00:04:37,860 Do not confuse this with capitalism, the Free Market 67 00:04:38,000 --> 00:04:40,590 or any other term an economist would use. 68 00:04:40,730 --> 00:04:44,927 It is also very important to understand that this is not a political argument 69 00:04:45,067 --> 00:04:48,350 and has absolutely nothing to do with political controls. 70 00:04:48,533 --> 00:04:52,468 Every nation on this planet, no matter their political ideology 71 00:04:52,654 --> 00:04:57,634 be it a democracy, monarchy, socialism, communism or whatever 72 00:04:57,774 --> 00:05:00,951 operates using this same underlying economic system. 73 00:05:01,189 --> 00:05:03,288 They all employ this system 74 00:05:03,480 --> 00:05:06,860 for the exchange of goods and services throughout the world. 75 00:05:07,048 --> 00:05:10,495 It is the one major common link between everyone 76 00:05:10,635 --> 00:05:13,438 which is also why it is the fundamental cause 77 00:05:13,578 --> 00:05:17,100 for so many problems we see in the world today 78 00:05:17,240 --> 00:05:19,500 and here's why: 79 00:05:20,712 --> 00:05:24,536 The monetary system requires 2 key components to work 80 00:05:24,676 --> 00:05:26,604 scarcity and growth. 81 00:05:26,744 --> 00:05:29,060 In the past, prior to 1800 82 00:05:29,200 --> 00:05:32,740 these two requirements were perfectly valid throughout the world. 83 00:05:32,880 --> 00:05:36,999 This was a time when traveling just 500 miles was dangerous 84 00:05:37,196 --> 00:05:42,099 if not deadly, and the shipping of goods was no less difficult. 85 00:05:47,856 --> 00:05:50,852 Scarcity is very important in this system 86 00:05:51,038 --> 00:05:54,999 because it serves the purpose of establishing value: price. 87 00:05:55,210 --> 00:05:58,699 Think back to Economics 101: Supply and Demand. 88 00:05:58,912 --> 00:06:01,524 The less the supply, the more scarce it is 89 00:06:01,664 --> 00:06:03,444 therefore the price is higher. 90 00:06:03,584 --> 00:06:06,252 The more the supply, the less value it has 91 00:06:06,392 --> 00:06:08,093 so the price is lower. 92 00:06:08,300 --> 00:06:13,378 Prior to 1800 there really was true scarcity as a natural phenomenon. 93 00:06:13,580 --> 00:06:16,706 Since modern civilization was still rather young 94 00:06:16,846 --> 00:06:21,163 there was plenty of room for growth, so both requirements were satisfied. 95 00:06:21,380 --> 00:06:24,600 Today however, these two requirements are gone 96 00:06:24,740 --> 00:06:28,726 and the monetary system is in serious trouble and under great stress. 97 00:06:29,022 --> 00:06:32,953 Just look at all the financial industry problems that have destroyed lives 98 00:06:33,093 --> 00:06:36,571 in the past few years alone. They are impossible to ignore. 99 00:06:36,825 --> 00:06:40,163 Scarcity has been eliminated by the advent of technology 100 00:06:40,360 --> 00:06:43,692 and with the absence of scarcity, there is simply less growth. 101 00:06:44,000 --> 00:06:47,290 We have reached a point where we can produce more of everything 102 00:06:47,473 --> 00:06:52,188 than we can consume and the only true expansion left is into the stars 103 00:06:52,374 --> 00:06:55,487 which itself is severely restricted by cost. 104 00:06:55,845 --> 00:06:58,999 In the monetary system, money or debt 105 00:06:59,139 --> 00:07:02,670 is the lifeblood of the system and therefore it is necessary 106 00:07:02,870 --> 00:07:06,863 to continuously create new debt to validate the existing debt. 107 00:07:07,080 --> 00:07:10,634 Our financial manipulators are always seeking new ways 108 00:07:10,820 --> 00:07:13,623 to justify the creation of additional debt. 109 00:07:13,809 --> 00:07:18,042 They are willfully blind or blatantly ignorant of the root concerns. 110 00:07:18,228 --> 00:07:21,860 Just look at how in debt our society is right now 111 00:07:22,000 --> 00:07:25,467 as compared to just 50 years ago. 112 00:07:31,033 --> 00:07:32,570 It's important to notice 113 00:07:32,710 --> 00:07:36,176 that it was around 1980 when the debt started to skyrocket 114 00:07:36,378 --> 00:07:39,775 which coincides perfectly with the fact that this was also the time 115 00:07:39,915 --> 00:07:42,636 when technology started to seriously expand 116 00:07:42,828 --> 00:07:46,216 giving humanity the ability to make life better for everyone 117 00:07:46,408 --> 00:07:49,061 if the technology would be used that way. 118 00:07:49,362 --> 00:07:52,204 To better understand our present social instability 119 00:07:52,480 --> 00:07:54,638 we should review the principle physical events 120 00:07:54,778 --> 00:07:56,788 that have led up to our current mess. 121 00:07:56,914 --> 00:08:00,843 To help with this, let's establish a time reference. 122 00:08:02,810 --> 00:08:05,999 The two dates shown aren't specifically important 123 00:08:06,139 --> 00:08:09,468 but just separate the time line into 3 distinct regions. 124 00:08:09,763 --> 00:08:13,209 Now let's start adding vital information that will help you understand 125 00:08:13,349 --> 00:08:16,222 how we got to where we are in today's world. 126 00:08:16,476 --> 00:08:20,343 Prior to 1800, the world was a low energy society. 127 00:08:20,597 --> 00:08:24,667 Why? Because throughout all recorded history before this time 128 00:08:24,807 --> 00:08:28,999 the primary energy conversion machine for doing work was the human being 129 00:08:29,184 --> 00:08:33,512 and a healthy human can only produce about 0.1 horse power (HP). 130 00:08:33,746 --> 00:08:37,103 In comparison, a washing machine motor is more powerful 131 00:08:37,311 --> 00:08:40,030 averaging 0.5 horse power (HP). 132 00:08:40,170 --> 00:08:45,100 Regardless of this low power number, 98% of all work done during this time 133 00:08:45,240 --> 00:08:49,145 was a result of human labor, because humanity had not yet developed 134 00:08:49,285 --> 00:08:51,999 advanced technology to do the work for them. 135 00:08:52,139 --> 00:08:55,679 The other 2% came from sources outside of human muscle 136 00:08:55,876 --> 00:08:58,386 which we will call non-human energy. 137 00:08:58,583 --> 00:09:01,181 The sources of this energy came from animals 138 00:09:01,359 --> 00:09:06,476 like horses and oxen, and crude technology like windmills and water wheels. 139 00:09:06,715 --> 00:09:08,795 Because the human being is so limited 140 00:09:08,935 --> 00:09:11,756 the output of his work is also limited 141 00:09:11,943 --> 00:09:14,637 so no matter how many people you had on the job 142 00:09:14,777 --> 00:09:16,282 or how long they worked 143 00:09:16,422 --> 00:09:19,737 they could never produce quite enough to cover growing populations 144 00:09:19,877 --> 00:09:22,860 or provide a high quality of living for everyone. 145 00:09:23,000 --> 00:09:26,500 If ever a few people did enjoy a decent standard of living 146 00:09:26,630 --> 00:09:30,511 it was always at the expense of the many who barely survived. 147 00:09:30,698 --> 00:09:34,960 The fact is that throughout history, 95% of all people were either 148 00:09:35,100 --> 00:09:38,672 peasants, serfs, slaves or indentured servants 149 00:09:38,812 --> 00:09:42,000 even up to the time of George Washington. 150 00:09:42,767 --> 00:09:45,666 From the dawn of man until around 1800 151 00:09:45,852 --> 00:09:48,400 the 98% of work done by humans 152 00:09:48,540 --> 00:09:52,628 and the other 2% by other means never changed, ever. 153 00:09:52,976 --> 00:09:56,659 This is over 7,000 years of recorded human history 154 00:09:56,867 --> 00:09:59,702 with absolutely zero change in this dynamic. 155 00:09:59,914 --> 00:10:02,417 This caused every society on the planet 156 00:10:02,609 --> 00:10:04,636 to live in a social steady state 157 00:10:04,833 --> 00:10:09,914 which means there was no change in the rate of energy conversion at all. 158 00:10:13,676 --> 00:10:18,684 There was no fundamental change in how people worked to produce goods 159 00:10:18,881 --> 00:10:23,377 and so scarcity prevailed everywhere. 160 00:10:27,382 --> 00:10:31,750 Just prior to the year 1800, a very significant event occurred. 161 00:10:31,946 --> 00:10:35,726 In 1782, James Watt developed the first steam engine. 162 00:10:35,975 --> 00:10:39,572 This invention was the beginning of an entirely new way to do work. 163 00:10:39,789 --> 00:10:43,164 It was the beginning of the widespread use of non-human energy 164 00:10:43,397 --> 00:10:46,522 and since that time there has been an accelerated effort to build 165 00:10:46,662 --> 00:10:51,031 bigger, faster and more efficient machines to convert energy into work. 166 00:10:51,218 --> 00:10:53,350 That effort has spread throughout the world 167 00:10:53,490 --> 00:10:55,965 with the US as a primary leader. 168 00:10:56,148 --> 00:10:59,738 Over the next 100 years, from 1800 to 1900 169 00:10:59,920 --> 00:11:03,516 we find that the two energy lines started changing significantly. 170 00:11:03,713 --> 00:11:07,821 The non-human energy line moved up, and the human energy line moved down. 171 00:11:08,018 --> 00:11:10,942 In America, studies were done in the 1920s 172 00:11:11,082 --> 00:11:13,596 to see what social impact this change was having. 173 00:11:13,782 --> 00:11:16,934 Data was gathered on every basic industry in North America 174 00:11:17,126 --> 00:11:20,308 charting the growth of production, the rates of energy conversion 175 00:11:20,448 --> 00:11:24,727 declining man hours, and the overall effects on employment. 176 00:11:24,867 --> 00:11:28,277 It was predicted that if the trends continued at the same rate 177 00:11:28,468 --> 00:11:32,300 the lines would cross and look like this. 178 00:11:37,315 --> 00:11:40,413 Humanity was evolving from a low-energy society 179 00:11:40,553 --> 00:11:44,533 to a high-energy society as the two lines switched places. 180 00:11:44,792 --> 00:11:47,906 This new condition is the exact opposite of what had occurred 181 00:11:48,046 --> 00:11:52,036 all throughout recorded history, and that is no small change. 182 00:11:52,233 --> 00:11:55,128 Time to get a bit technical, so bear with me. 183 00:11:55,393 --> 00:12:00,036 As of 1992, noted by the US Dept. of Commerce and Census 184 00:12:00,280 --> 00:12:05,779 America had over 35.3 billion horsepower of installed prime movers. 185 00:12:05,919 --> 00:12:07,442 What does that mean? 186 00:12:07,582 --> 00:12:11,511 Prime movers are mechanical engines, turbines, and work animals 187 00:12:11,708 --> 00:12:16,320 which originally convert fuels or force (such as wind or falling water) 188 00:12:16,506 --> 00:12:20,395 into work and power. Let's break it down by person. 189 00:12:20,597 --> 00:12:24,700 Prior to 1800, the average society had an energy conversion 190 00:12:24,840 --> 00:12:27,967 of just 2000 kg-calories per person. 191 00:12:28,153 --> 00:12:30,029 Does that number sound familiar? 192 00:12:30,169 --> 00:12:31,865 What is the calorie intake 193 00:12:32,005 --> 00:12:35,014 that is labeled on virtually every food item you buy? 194 00:12:35,154 --> 00:12:37,087 A 2,000 calorie diet. 195 00:12:37,273 --> 00:12:40,639 It makes sense that if people are the primary workers 196 00:12:40,830 --> 00:12:44,364 their energy is limited by their average calorie intake. 197 00:12:44,566 --> 00:12:46,613 Now back to 1992: 198 00:12:46,799 --> 00:12:52,721 35.3 billion HP equals over 22 trillion kg-calories 199 00:12:52,975 --> 00:12:57,520 and the population of the US was just over 250 million people. 200 00:12:57,698 --> 00:13:03,698 In 1992, America was converting more than 89,000 kg-calories per person 201 00:13:03,877 --> 00:13:05,793 of just non-human energy. 202 00:13:05,996 --> 00:13:10,450 That is over 44 times larger, a gain of over 4000% 203 00:13:10,590 --> 00:13:14,015 as compared to the average society prior to 1800. 204 00:13:14,205 --> 00:13:17,770 This was a significant source of American growth and prosperity. 205 00:13:17,977 --> 00:13:19,695 We were the first and only country 206 00:13:19,835 --> 00:13:22,211 that was able to produce more then it could consume. 207 00:13:22,418 --> 00:13:25,360 Fast forward to today and consider these implications 208 00:13:25,500 --> 00:13:28,965 in our globally connected world. 209 00:13:30,982 --> 00:13:34,300 What does the monetary system have to do with all this? 210 00:13:34,550 --> 00:13:38,403 The monetary system has started to falter over the past 90 years 211 00:13:38,577 --> 00:13:42,441 because the conditions of life on this planet have drastically changed. 212 00:13:42,617 --> 00:13:46,169 The two major requirements of the monetary system to survive 213 00:13:46,380 --> 00:13:49,398 scarcity and growth, no longer truly exist. 214 00:13:49,821 --> 00:13:53,193 The globe has stabilized as far as growth is concerned 215 00:13:53,371 --> 00:13:56,588 and scarcity has been eradicated by technology. 216 00:13:56,774 --> 00:14:00,329 As a result, we've experienced serious economic problems 217 00:14:00,512 --> 00:14:03,932 and any solution that has ever been tried has served only 218 00:14:04,072 --> 00:14:06,860 as a patchwork solution of bubble gum 219 00:14:07,000 --> 00:14:09,677 in a cracking dam that is destined to break. 220 00:14:09,868 --> 00:14:14,486 No solution ever addresses the fundamental problem, because to do so 221 00:14:14,663 --> 00:14:18,365 would require a fundamental shift in our economic structure 222 00:14:18,577 --> 00:14:21,717 and the people who have benefited the most from this system 223 00:14:21,899 --> 00:14:24,067 refuse to change the game. 224 00:14:24,324 --> 00:14:29,848 The surveys done in the 1920s covered every manufacturing industry 225 00:14:30,043 --> 00:14:32,002 which were then plotted on charts. 226 00:14:32,184 --> 00:14:36,722 This chart is a summary of all those findings averaged together. 227 00:14:37,692 --> 00:14:40,319 The first line reflects physical production. 228 00:14:40,513 --> 00:14:45,122 From 1830 to 1900 production was low and growth was slow. 229 00:14:45,393 --> 00:14:48,376 Then we moved into a period of rapid growth. 230 00:14:48,575 --> 00:14:52,213 This was due to advances in technology and machinery 231 00:14:52,403 --> 00:14:56,201 and a greater use of non-human energy. 232 00:14:59,149 --> 00:15:02,018 From 1900 to about 1930 233 00:15:02,158 --> 00:15:05,963 there was a spectacular exponential growth in physical production 234 00:15:06,145 --> 00:15:09,896 at about 7% per year, compounded each year. 235 00:15:10,202 --> 00:15:14,852 However, this could not last forever, and a leveling off occurred. 236 00:15:17,694 --> 00:15:19,500 Now let's add another curve 237 00:15:19,640 --> 00:15:22,417 to show what was happening to the man hours per unit. 238 00:15:22,599 --> 00:15:26,974 This represents one person working one hour, regardless of their task. 239 00:15:27,152 --> 00:15:30,350 Notice in the early 1800s that man hours were high 240 00:15:30,540 --> 00:15:32,714 but then dropped as industry developed. 241 00:15:32,854 --> 00:15:37,641 This was inevitable because it was cheaper to use technology vs. people. 242 00:15:37,836 --> 00:15:42,925 A kilowatt hour will do the work of 26 man hours, but at a far less cost. 243 00:15:43,099 --> 00:15:47,983 The monetary system encourages businesses to replace costly manpower 244 00:15:48,161 --> 00:15:50,686 with cheaper and more productive technology 245 00:15:50,826 --> 00:15:53,548 in order to maximize profit! 246 00:15:57,656 --> 00:16:01,223 Now, from the 1980s onward we have a unique situation 247 00:16:01,363 --> 00:16:04,549 that has never been present throughout the history of mankind: 248 00:16:04,739 --> 00:16:07,549 high production with far less human work needed. 249 00:16:07,806 --> 00:16:09,464 This would be great for everyone 250 00:16:09,604 --> 00:16:12,295 were it not for the interference of the monetary system 251 00:16:12,469 --> 00:16:15,107 because labor is a major commodity 252 00:16:15,247 --> 00:16:18,131 that is bought and sold in the marketplace. 253 00:16:18,346 --> 00:16:21,778 Time for a third curve, which shows you what happens to labor 254 00:16:21,953 --> 00:16:24,925 and consequently what happens to purchasing power. 255 00:16:25,139 --> 00:16:29,198 This 3rd curve represents total man hours, the sum total of all time 256 00:16:29,377 --> 00:16:32,415 put in on the job in manufacturing by all people. 257 00:16:32,614 --> 00:16:35,933 As you can see from 1830 to the turn of the century 258 00:16:36,116 --> 00:16:38,950 total man hours was low and the growth was slow. 259 00:16:39,169 --> 00:16:41,610 It followed the growth of production very closely 260 00:16:41,750 --> 00:16:43,475 as they are directly related. 261 00:16:43,653 --> 00:16:46,020 Then it also grew along with production 262 00:16:46,210 --> 00:16:48,654 but it didn't level off like production did. 263 00:16:48,840 --> 00:16:51,406 It reached a peak and then turned downward. 264 00:16:51,585 --> 00:16:54,507 This is an event that occurs in every industry. 265 00:16:54,690 --> 00:16:59,630 Total man hours rises to an all time high and thereafter declines. 266 00:16:59,825 --> 00:17:05,469 It is an event that occurs only once in any given industry. 267 00:17:11,588 --> 00:17:15,852 The peak of man hours in the US occurred in 1920 268 00:17:16,097 --> 00:17:19,575 and since then the monetary system has endured instability 269 00:17:19,749 --> 00:17:23,577 because of the discrepancy between production and man hours. 270 00:17:23,764 --> 00:17:27,801 The ever-widening gap between production and man hours indicates 271 00:17:27,941 --> 00:17:30,237 that the easier it is for us to produce more 272 00:17:30,377 --> 00:17:32,460 the harder it becomes to distribute. 273 00:17:32,692 --> 00:17:36,215 The reason for this anomaly is that there is a close relationship 274 00:17:36,391 --> 00:17:39,852 between total man hours worked and purchasing power. 275 00:17:40,076 --> 00:17:43,428 Most of us receive our income from time on the job 276 00:17:43,614 --> 00:17:46,145 in the form of wages or salaries 277 00:17:46,394 --> 00:17:50,715 and declining man hours usually means declining purchasing power. 278 00:17:50,960 --> 00:17:54,431 Isn't it ironic that as we increase our ability to produce 279 00:17:54,613 --> 00:17:57,592 we suffer a diminishing ability to consume? 280 00:17:57,804 --> 00:18:00,306 This is what happens in the monetary system. 281 00:18:00,484 --> 00:18:03,637 The basic problem today is not balancing the budget 282 00:18:03,820 --> 00:18:07,887 but balancing our new found global resource management capability 283 00:18:08,065 --> 00:18:10,242 with global consumption. 284 00:18:10,433 --> 00:18:14,276 The rules of the monetary system prevent us from doing just that. 285 00:18:14,744 --> 00:18:16,750 Distribution is carried on 286 00:18:16,890 --> 00:18:20,562 by a series of exchanges based on scarcity values 287 00:18:20,736 --> 00:18:25,920 that no longer truly exist, and money is used to make these exchanges. 288 00:18:26,115 --> 00:18:28,200 Money is a species of debt 289 00:18:28,378 --> 00:18:31,324 and we try to balance production with consumption 290 00:18:31,502 --> 00:18:35,282 by creating even more debt. This does not work! 291 00:18:35,567 --> 00:18:38,386 The reason is because there is little relationship 292 00:18:38,565 --> 00:18:42,666 between the creation of debt and anything in the real physical world. 293 00:18:42,990 --> 00:18:47,205 Debt nor money, is a real resource we need to live. 294 00:18:47,345 --> 00:18:49,860 It's a contrived human creation 295 00:18:50,000 --> 00:18:53,491 that is no longer valid in today's advancing world. 296 00:18:53,669 --> 00:18:57,156 The man-hour curve is a physical phenomenon 297 00:18:57,343 --> 00:19:01,095 whereas the growth of debt is an abstraction. 298 00:19:01,294 --> 00:19:07,000 Let's look at the growth of debt and you will see the difference. 299 00:19:15,505 --> 00:19:18,398 This chart represents total debt in the US 300 00:19:18,580 --> 00:19:20,598 all debt public and private. 301 00:19:20,797 --> 00:19:23,481 From 1860 to the end of World War I 302 00:19:23,676 --> 00:19:25,694 debt was low and growth was slow. 303 00:19:25,964 --> 00:19:30,323 Then after the Armistice in 1918, debt moved up rapidly. 304 00:19:30,584 --> 00:19:33,340 This was a period called 'The Roaring 20s'. 305 00:19:33,726 --> 00:19:35,797 The reason for this increase in debt 306 00:19:35,937 --> 00:19:38,281 was because technology had caught up with us. 307 00:19:38,473 --> 00:19:41,236 During the war, we installed more technology 308 00:19:41,414 --> 00:19:44,266 to replace the workers that were off fighting the war. 309 00:19:44,406 --> 00:19:46,145 Purchasing power dropped 310 00:19:46,285 --> 00:19:48,790 and we could produce more than we could readily sell. 311 00:19:48,930 --> 00:19:53,433 Therefore during this decade, the institution known as installment buying 312 00:19:53,623 --> 00:19:56,881 or buying on credit, came into existence 313 00:19:57,175 --> 00:19:59,431 so even if you could not afford something 314 00:19:59,626 --> 00:20:01,651 you were encouraged to buy it anyway 315 00:20:01,791 --> 00:20:05,532 and pay for it out of next month's, or next year's income. 316 00:20:05,731 --> 00:20:11,098 This meant an increase in debt, but by 1929, something had happened. 317 00:20:11,878 --> 00:20:14,119 We had overextended that credit 318 00:20:14,297 --> 00:20:17,995 and the gambling institution known as Wall Street collapsed. 319 00:20:18,198 --> 00:20:21,893 With the crash of the stock market, we plunged into the Depression 320 00:20:22,067 --> 00:20:26,330 which took 4 years to reach the bottom in 1933. 321 00:20:33,947 --> 00:20:37,690 The government stepped in because it had to, and what did it do? 322 00:20:37,880 --> 00:20:42,869 It tried to bolster the failing monetary system by creating more debt! 323 00:20:43,056 --> 00:20:46,809 Sound familiar to what's happening now? How did they do this? 324 00:20:46,996 --> 00:20:51,276 They began the practice of spending more money than they took in in taxes 325 00:20:51,471 --> 00:20:53,684 which is called deficit spending. 326 00:20:53,867 --> 00:20:57,792 During the Roosevelt Administration, they tried to bolster the economy 327 00:20:57,932 --> 00:21:02,355 by giving purchasing power to unemployed people by means of welfare 328 00:21:02,529 --> 00:21:05,362 and failing businesses were also put on welfare 329 00:21:05,540 --> 00:21:07,925 which is called subsidies. 330 00:21:09,280 --> 00:21:13,761 One could say that the monetary system went into hock in 1933 331 00:21:13,939 --> 00:21:18,536 and the federal government has been on a deficit spending binge ever since. 332 00:21:18,710 --> 00:21:22,550 This infusion of government funds falsely stimulated business 333 00:21:22,690 --> 00:21:24,643 and debt started upwards again. 334 00:21:24,863 --> 00:21:28,580 Now at this point (1941) something else happened. 335 00:21:28,763 --> 00:21:32,760 There was another reprieve for the failing system called WW II. 336 00:21:32,959 --> 00:21:37,355 That provided a reason to put all the unemployed people back on the job 337 00:21:37,532 --> 00:21:39,312 or into the armed forces. 338 00:21:39,452 --> 00:21:41,429 We ran the factories wide open 339 00:21:41,569 --> 00:21:43,711 turned out a tremendous amount of goods 340 00:21:43,851 --> 00:21:47,165 shipped them overseas, and blew them up 341 00:21:47,459 --> 00:21:51,644 and although it was necessary to protect the world from the likes of Hitler 342 00:21:51,856 --> 00:21:55,530 the war did not solve any of our domestic problems. 343 00:21:55,704 --> 00:22:01,000 As you can see, debt has skyrocketed ever since. 344 00:22:03,578 --> 00:22:07,292 In spite of the hardships of the depression and the heartbreaks of the war 345 00:22:07,470 --> 00:22:10,481 the monetary system did not come to a complete stop. 346 00:22:10,664 --> 00:22:15,529 We have stumbled and bumbled along in one way or another, and why is that? 347 00:22:15,703 --> 00:22:17,640 We have kept the failing system 348 00:22:17,780 --> 00:22:21,075 from complete collapse by various and devious ways. 349 00:22:21,261 --> 00:22:24,249 We have maintained scarcity artificially. 350 00:22:24,427 --> 00:22:28,263 Back during the Depression, when there were so many people without jobs 351 00:22:28,446 --> 00:22:30,051 and their families were hungry 352 00:22:30,242 --> 00:22:33,860 we had tremendous surpluses of food stored around the country. 353 00:22:34,042 --> 00:22:36,231 Was it given to the people? No! 354 00:22:36,405 --> 00:22:39,004 It's not profitable to give away food 355 00:22:39,192 --> 00:22:41,470 even to the starving population. 356 00:22:41,661 --> 00:22:45,707 Back in the early 30s we began the practice of destroying crops 357 00:22:45,897 --> 00:22:50,101 or killing off livestock in order to validate the monetary system. 358 00:22:50,503 --> 00:22:53,614 We're still doing this today, but more covertly. 359 00:22:53,792 --> 00:22:57,739 Since 1933, the government has spent billions of dollars 360 00:22:57,913 --> 00:23:00,008 paying farmers not to grow. 361 00:23:00,183 --> 00:23:03,266 They have also tried to curtail the production of corn 362 00:23:03,441 --> 00:23:05,441 and wheat for human consumption 363 00:23:05,627 --> 00:23:09,993 most notably on the recent alternative fuel ethanol project 364 00:23:10,179 --> 00:23:14,542 which is a waste of food and not a good alternative fuel to begin with. 365 00:23:14,720 --> 00:23:19,678 In the monetary system, when food becomes too plentiful, we limit it. 366 00:23:19,853 --> 00:23:24,975 This is to sustain price, or value, to keep the system going. 367 00:23:25,178 --> 00:23:27,307 If people happen to be hungry 368 00:23:27,485 --> 00:23:29,678 then it seems to be of little importance 369 00:23:29,939 --> 00:23:34,599 to the people making the decisions on how the monetary system works. 370 00:23:35,548 --> 00:23:37,843 Industry uses different tactics. 371 00:23:38,158 --> 00:23:40,681 They operate on a low-load factor 372 00:23:40,888 --> 00:23:43,217 meaning they only run one or two shifts 373 00:23:43,357 --> 00:23:46,741 or shut down completely, even though they have the capability 374 00:23:46,881 --> 00:23:51,860 to run 24/7/365 to produce necessary products. 375 00:23:52,000 --> 00:23:55,969 Then there's the more wasteful practice of turning out shoddy merchandise. 376 00:23:56,323 --> 00:23:58,786 These inferior products that break down 377 00:23:58,964 --> 00:24:01,324 or wear out in short periods of time 378 00:24:01,498 --> 00:24:05,708 are created to ensure high turnover. 379 00:24:06,094 --> 00:24:09,465 If a company could make something that lasted 100 years 380 00:24:09,656 --> 00:24:12,728 (and we do have the materials and technology to do that) 381 00:24:12,922 --> 00:24:16,607 they wouldn't do it, because how would they sell the next version 382 00:24:16,747 --> 00:24:18,884 to make more profit? 383 00:24:20,028 --> 00:24:23,681 Just look at all the recalls of late on various products 384 00:24:23,821 --> 00:24:27,240 like toys, cribs, food, cars 385 00:24:27,519 --> 00:24:29,550 appliances and more. 386 00:24:29,823 --> 00:24:33,691 Destroying all those faulty products ensures scarcity. 387 00:24:33,885 --> 00:24:37,836 There are hundreds of thousands of junky products turned out every week 388 00:24:38,022 --> 00:24:42,336 in order to assure a high turnover for a fast profit. 389 00:24:42,539 --> 00:24:45,534 This is the way the system works. 390 00:24:50,935 --> 00:24:54,603 This also leads to waste, loads and loads of waste. 391 00:24:54,881 --> 00:24:57,241 Look at a simple product like the cell phone. 392 00:24:57,419 --> 00:25:00,975 There are far too many worthless, cheap cell phones on the market. 393 00:25:01,166 --> 00:25:03,963 Hundreds of millions of cell phones are produced every year 394 00:25:04,146 --> 00:25:07,803 with various models showcasing different features to make them unique. 395 00:25:07,998 --> 00:25:10,363 Why? Why not make one amazing cell phone 396 00:25:10,503 --> 00:25:12,513 that does absolutely everything you need 397 00:25:12,614 --> 00:25:16,426 that lasts 25 or more years, and that's easily upgradeable? 398 00:25:16,566 --> 00:25:19,843 Because the monetary system prohibits that kind of logic. 399 00:25:20,025 --> 00:25:23,764 According to the US Environmental Protection Agency in 2005 400 00:25:23,955 --> 00:25:28,212 it was estimated that 130 million cell phones went out of use annually 401 00:25:28,386 --> 00:25:32,383 creating an estimated 65,000 tons of electronic garbage. 402 00:25:32,566 --> 00:25:34,350 And that's just cell phones! 403 00:25:34,490 --> 00:25:36,594 So what about every other product you can think of 404 00:25:36,734 --> 00:25:40,300 that wastes valuable materials and resources? 405 00:25:40,615 --> 00:25:42,931 Of course, the most destructive and most heinous 406 00:25:43,071 --> 00:25:45,760 of all human activities is the perpetration of war 407 00:25:46,000 --> 00:25:48,734 and we've had several wars since the turn of the century. 408 00:25:48,912 --> 00:25:52,233 Even now we're immersed in a war against a foe with no flag 409 00:25:52,407 --> 00:25:54,773 no solid distinction, and no uniform. 410 00:25:54,951 --> 00:25:58,491 A war on terror is something that could be justified until the end of time 411 00:25:58,674 --> 00:26:01,071 because the enemy isn't someone you can pin down. 412 00:26:01,245 --> 00:26:04,813 And furthermore, wars have not solved one single underlying problem. 413 00:26:04,953 --> 00:26:08,511 Their greatest success is propping up a failing economic system 414 00:26:08,686 --> 00:26:11,485 for just a little while longer. 415 00:26:14,828 --> 00:26:19,259 World War I, II, Korea, Vietnam 416 00:26:19,446 --> 00:26:21,922 the Gulf Wars and our current war on terror 417 00:26:22,096 --> 00:26:25,110 has cost the lives of hundreds of thousands of people 418 00:26:25,284 --> 00:26:28,953 and the destruction of millions of tons of irreplaceable resources 419 00:26:29,148 --> 00:26:32,030 but have yet to solve any of our social problems. 420 00:26:32,170 --> 00:26:34,088 The so called Truman Doctrine 421 00:26:34,228 --> 00:26:38,394 that was created about 63 years ago in the name of national security 422 00:26:38,572 --> 00:26:41,607 has cost the US trillions of dollars. 423 00:26:41,789 --> 00:26:45,789 We spend billions of dollars overseas in what's called foreign aid 424 00:26:45,967 --> 00:26:50,913 and since 1960 the US has financed both sides of 14 wars 425 00:26:51,104 --> 00:26:54,044 and still the world is in greater turmoil than ever. 426 00:26:54,226 --> 00:26:58,577 Insanity is said to be the act of doing the same thing over and over 427 00:26:58,759 --> 00:27:02,430 but expecting a different result. Likewise, spending money 428 00:27:02,607 --> 00:27:05,843 or creating debt does not solve our social problems 429 00:27:06,021 --> 00:27:07,770 locally or globally. 430 00:27:08,017 --> 00:27:10,502 The issues addressed in this video up to this point 431 00:27:10,642 --> 00:27:14,563 should make that perfectly clear by now: that the monetary system 432 00:27:14,738 --> 00:27:17,442 born of agrarian culture, with hand tools 433 00:27:17,582 --> 00:27:20,610 human perspiration and all of its scarcity values 434 00:27:20,785 --> 00:27:24,475 is incapable of managing affairs in a high energy 435 00:27:24,649 --> 00:27:27,268 technologically-advanced civilization. 436 00:27:27,538 --> 00:27:30,746 Politics doesn't matter. Forms of government don't matter. 437 00:27:30,886 --> 00:27:32,395 Culture doesn't matter. 438 00:27:32,535 --> 00:27:35,877 The shared economic system of the world is what matters 439 00:27:36,017 --> 00:27:38,123 and that's what needs to change. 440 00:27:38,263 --> 00:27:42,163 Before you move to the answer, let's make something perfectly clear: 441 00:27:42,346 --> 00:27:46,569 The monetary system is not bad, it is simply outdated. 442 00:27:46,756 --> 00:27:49,164 It used to be good. It used to work. 443 00:27:49,338 --> 00:27:52,079 It was the best option for thousands of years 444 00:27:52,253 --> 00:27:54,780 and specifically over the past 200 years 445 00:27:54,920 --> 00:27:59,294 it has helped influence amazing growth in the capabilities of humanity. 446 00:27:59,473 --> 00:28:03,836 But times change, most significantly the advent of technology 447 00:28:03,976 --> 00:28:07,626 the likes of which could never have been imagined 200 years ago. 448 00:28:07,800 --> 00:28:11,371 Technology that would have made us all witches or gods 449 00:28:11,511 --> 00:28:13,100 in the eyes of the world. 450 00:28:13,250 --> 00:28:17,584 And so the methods by which our world should work must also change. 451 00:28:17,758 --> 00:28:20,944 It is in the best interest of the whole human race 452 00:28:21,126 --> 00:28:25,423 not separated by color, gender, faith or lack of faith 453 00:28:25,597 --> 00:28:27,824 to move on to a better system. 454 00:28:28,094 --> 00:28:31,769 Now to find that answer, we must make a new approach 455 00:28:31,909 --> 00:28:34,910 seek a new idea, and employ a new technique. 456 00:28:35,088 --> 00:28:39,325 The solution is a social system that is based on the Scientific Method 457 00:28:39,499 --> 00:28:43,150 that eradicates the monetary system in favor of a system 458 00:28:43,300 --> 00:28:47,645 that allows for the global resource management of the entire Earth. 459 00:28:47,836 --> 00:28:50,711 We must declare that the Earth and all its resources 460 00:28:50,851 --> 00:28:53,859 are the common heritage of the entire human race 461 00:28:54,041 --> 00:28:56,999 and technology gives us the capability to properly 462 00:28:57,173 --> 00:29:00,060 and absolutely provide a high quality of life 463 00:29:00,242 --> 00:29:04,559 for every man, woman and child on this planet. 464 00:29:05,015 --> 00:29:09,345 The solution is undeniably designed to benefit everyone on the planet 465 00:29:09,602 --> 00:29:13,074 giving everyone the utmost freedoms of expression 466 00:29:13,285 --> 00:29:16,871 thought, speech and most importantly 467 00:29:17,278 --> 00:29:19,000 life. 468 00:29:22,750 --> 00:29:26,016 If you are a person of faith, consider this: 469 00:29:26,211 --> 00:29:30,157 The Lord's Prayer states that we should make Earth as it is in Heaven. 470 00:29:30,364 --> 00:29:35,185 I do not think Heaven uses money, or that God has a bank, do you? 471 00:29:35,455 --> 00:29:38,886 We must eliminate the gap between the haves and the have nots. 472 00:29:39,064 --> 00:29:42,353 We must ensure that a child born anywhere in the world 473 00:29:42,535 --> 00:29:45,876 has the freedom to pursue all positive paths. 474 00:29:46,063 --> 00:29:50,648 We must reconnect mankind to nature by eliminating our harmful ways 475 00:29:50,835 --> 00:29:53,132 without reverting to primitive standards 476 00:29:53,318 --> 00:29:56,010 using technology to live like kings 477 00:29:56,205 --> 00:29:59,681 but behave like proper stewards of this fertile planet. 478 00:29:59,937 --> 00:30:03,382 This video is but a first step in your understanding. 479 00:30:03,577 --> 00:30:06,269 Now is the time to move on to the next step. 480 00:30:06,409 --> 00:30:10,797 The Venus Project and the Zeitgeist Movement offer the solution. 481 00:30:11,060 --> 00:30:13,787 The link shown before you will give you details 482 00:30:13,927 --> 00:30:15,884 as to how the solution works. 483 00:30:16,083 --> 00:30:18,868 You will also find the website easy to navigate 484 00:30:19,046 --> 00:30:21,090 and should answer all of your questions 485 00:30:21,230 --> 00:30:25,310 but if it doesn't, that is why the Zeitgeist Movement exists. 486 00:30:25,489 --> 00:30:29,174 The Zeitgeist Movement advocates the vision of the Venus Project 487 00:30:29,373 --> 00:30:31,557 and is focused on spreading the message 488 00:30:31,697 --> 00:30:34,757 of how to fix many of the problems we have today. 489 00:30:34,935 --> 00:30:37,860 The Zeitgeist Movement is a place to find answers 490 00:30:38,000 --> 00:30:40,606 and converse with others who also want to see 491 00:30:40,933 --> 00:30:42,513 a better world. 492 00:30:42,691 --> 00:30:46,699 Changing over 7,000 years of human economic structure 493 00:30:46,839 --> 00:30:50,063 is by no means easy, but it is necessary. 494 00:30:50,245 --> 00:30:53,076 Every day thousands of people die that should not. 495 00:30:53,262 --> 00:30:57,561 Every day we step closer and closer to the edge of our own demise. 496 00:30:57,735 --> 00:31:00,898 It is time to let the world know that there is a solution 497 00:31:01,072 --> 00:31:03,146 that will solve our root problems. 498 00:31:03,324 --> 00:31:07,920 It is time to evolve to Level 5, the Technology Human 499 00:31:08,098 --> 00:31:10,464 and make the world a better place 500 00:31:11,616 --> 00:31:15,193 for generations to come. 501 00:31:20,926 --> 00:31:23,518 It is time for a social evolution. 502 00:31:23,775 --> 00:31:27,265 Please visit The Venus Project and The Zeitgeist Movement 503 00:31:27,452 --> 00:31:31,566 and become the change you want to see in the world.