How to see the chance in the financial crisis to evolve from a material money system towards information money and finally to cooperation without money at all…

In modern civilization people are trained to exchange each and everything.

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To do that it is necessary for both parties to agree on an „exchange value“.

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If that isn‘t possible, a kind of „fair value“ must be proclaimed by an objective third party.

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It may be that neither buyer nor seller are really happy with that one…

When one of the partners (buyer) lacks the standard exchange commodity (money), he must get a loan from the bank.

But to do this he must provide a collateral for the bank.

By the way, which kind of values do banks provide?

If office staff is in a bad mood, they simply don‘t grant any loan at all…

Or they demand some historical data, totally irrelevant for the future of the business of the borrower, or estimations, being equally irrelevant, on piles of paper…

But where do banks get the money from they hand out as a loan?

Put very simply: an office clerk keys in some numbers into the computer of the bank…!!!

This ledger entry indeed creates the money for the loan… it‘s just A PLAIN NUMBER!

But in this way money always is created as an INTEREST BEARING DEBT!

Ledger entry: [claim / liability]

But using this technique money is only created for the capital of the loan – NEVER FOR THE INTEREST!

To get the money to pay interest we all must fight against each other in fierce business competition…

This is what we use to call „fair competition“!

In this way money, that is nothing more than a number in a computer or worthless paper bills or metal coins, is ARTIFICIALLY MADE SCARCE to stay „VALUABLE“…

In the business world there are always conflicts of interest, because in an exchange economy each one tries to get more from his business partner than he is willing to give…!

And because this is how we behave in the business world for many centuries and over many generations we call this OUR REALITY…!

And therefore an exchange economy, where each one tries to maximize what he takes away from his business partner, can turn into war sooner or later…

By doing barter we usually try to trick our partners so that we deliver things of less value than what we get from them!

The main problem therefore can be seen in the dual transactions, for we view our economy as a kind of give and take …

And we all measure and maximize PROFIT, that‘s what we TAKE, not, what we DELIVER…

And our worthless, uncovered money is what we are forced by law to use as a standard medium of exchange…

A kind of „nothing“, eternally made scarce, we all have to fight for…

But is this a LAW OF NATURE…???

Chinamen for more than 10,000 years used the so called „Fei Lun-System“ (winged wheel)…

10 You visit a dealer, pick some article and then agree on it‘s price…

10 The dealer just writes the amount, that his customer ows to him, into a circle of chalk on the wall…

7 10 When later on the customer visits the dealer, he offers him a different article. Once again both agree on the price…

3 The dealer decreases the debt of his customer in the circle by the amount of the price and then he receives the article…

3 So now you see that a „standard-commodity of exchange“ has never been necessary to be able to buy or to sell, buyer and seller only need to agree on the price and those amounts can simply been written down…

This is the information function of money, the only function really needed in an exchange economy.

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And because numbers can never be scarce, in this system „loans“ simply don‘t exist… neither does „interest“… … and neither do „financial crises“ exist being triggered by frozen credit markets!

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But nowadays we can manage production and distribution of goods and services using social networks on the web…

It‘s not necessary any more that transactions take place between two persons, but between ONE PERSON and the WHOLE NETWORK…

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The prices of an article and it‘s service in return need not to be of the exact equal amount any more – a vendor can sell for 100, while the buyer can buy for 50…!!

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So each person lives in her own economy, that optimally fits her current needs and phase of life…

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And we all can cooperate, because we‘ve freed ourselves from those ancient dual transactions…

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We will work only 8 hours a week…

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And we will do quite different things… not only practicing a single job for our whole life…

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And people can cooperate, because the rules of the game fit their personal current life phase and can instantly be changed should the need arise…

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Here you see an example of the function of information money…

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If the railway company sells a season ticket at the price of 100, but students can buy it for 40 bucks…

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… then today someone else must pay the difference of 60, taxpayers e.g., because our money represents a „value“…

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… and the railway company needs the amout of 100, while students only pay 40 bucks…

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But if we remember that money is only the bits and bytes in computers…

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… why then must we TAKE AWAY something from certain people just TO GIVE it to other people??

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In fact „the railway company“ (just a legal artefact!) doesn‘t need the 100 bucks, but the employees, that provide us with those services, should be granted a decent living standard!

When the NEW BANKS create electronical accounting tokens in a transparent, democratic way so that decent living standards are possible for all of us,…

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… then it is as well possible to create individual „rules of the game“ for each and every person that cooperates in the network and uses it‘s resources for her free and happy life…

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Never again will it be necessary for two people to agree upon AN EQUAL PRICE nor to take away something from another person that she wants for herself…

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… because we all transact with the whole network, that combines all our voluntary performances to the greater wealth for all of us!

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As time goes by what once used to be accounting numbers (monetary values) will transform into mere statistical information, without legal enforcement or expropriation, just to be replaced by even more useful descriptive data structures in the years to come.

This is the way to global cooperation, to sufficient production, and just distribution – into a new world of empathical communication!