Lee Camp's Moment of Clarity: Burn your money- or just put it away for a while.

If you want to go deeper, check out this podcast from This American Life about the invention of money, and how strange it is for us to build an entire society around it.

Turns out you CAN eat money.

But it has no nutritional value.

Alternative Currency: BitCoin

For more info: BitCoin.org

And if you think this is totally insane, check out this episode of This American Life:

This American Life: The Invention of Money

I'm still suspicious of it, only because I haven't had a chance to think it all the way through yet. I'll tell you what I do like about it:

*It's decentralized, meaning that bankers cannot control it. Because there are no bankers.

*The money supply supposedly cannot be fiddled with. It will increase steadily over time, until it reaches a cap. Which means that it is not subject to inflation or deflation.

* It's not backed by anything other than trust, much like our own fiat money supply, except credit doesn't need to be artificially borrowed from Goldman Sachs, er *cough* I mean, the New York Federal Reserve Bank... which means that the value will not fluctuate based on the availability of some arbitrary mineral resource like gold or silver.

I love when this happens

This American Life has a great article ALL ABOUT MONEY.
What is money?
Why do we think it's real? Etc, etc, etc.

Listen to this episode here: WHAT IS MONEY?

I scooped this story though. Back during the heart of the financial crisis, I too asked "How did 1 trillion dollars just vanish?"
And I discovered, that none of it was actually real. It was all debt that people were trading as though it were money. Not that money is real either. But there were no paper bills. there were just numbers. That's it.

The financial crisis is just a big stupid hallucination.

In the August of 2009 I made this video (forgive the rapping at the beginning):


But really, you should really listen to this article

Douglas Rushkoff on Monetary Policy

Douglas Rushkoff, author of Life, Inc speaks on the history of monetary policy. Very enlightening.

Quantitative Easing Explained

Thank you to whoever made this. Seems like a good reason to Kill and Eat the Rich:



GET YOUR SHIRT HERE

Legalize Gay

DONATE!:

THE NEW CHANNEL:

STORE:

FACEBOOK!