Busting the Myths in Your Money Map with Ricardo Oskam

32 Comments

1. This is just wonderful….it constitutes therapy for me….words of truth are communion for me.

2. CAF asked if local, regional or state jurisdictions can create independent digital payment mechanisms, so that Federal Reserve Banks cannot control state transactions.

   Note that some US states, including Tennessee, have already adopted UCC Article 12 changes.

   https://subscriber-input.solari.com/forums/topic/ucc-language-being-changed-in-20-states-now-copied-from-a-telegram-post/

   The changes wrought by Article 12 may necessitate significant reliance on the work of technology consultants who do know how computers and software engineering works − but who may not themselves be lawyers or sensitive to the legal and commercial aspects of the transactions that their work may impact.

   Lawyers who have rendered or received complex reasoned legal opinions for electronic chattel paper might wonder if similar complexity will be required now for what has previously been a simple and straightforward legal opinion: a filing perfection opinion on accounts.

3. Problem-reaction-solution proposes CBDC micro-payments in lieu of surveillance capitalism, i.e. replace Big Tech online tracking with Central Bank online and offline tracking.

   https://theconversation.com/is-capitalism-dead-yanis-varoufakis-thinks-it-is-and-he-knows-who-killed-it-213992

   Towards the end of Technofeudalism, Varoufakis canvasses some proposals … ending the cloudalists faux “free service” model and replacing it with a universal micro-payment model, instituting a Bill of Digital Rights, and using digital technology to “democratise companies” (with decisions being taken collectively by “employee-shareholders”).

   Varoufakis also proposes to “democratise money”. This plan would involve central banks issuing digital wallets, a universal basic income, reconfiguring “the central bank’s ledger” in the direction of a “common payment and savings system”, and abolishing the current capacity of private banks to “create money”.

4. hi great conversation, where is the link for the videos for friends please?

   1. https://home.solari.com/solari-cbdc-video-shorts/

      1. thank you Rich!!!!!!!!!!!!!

   2. Toni:
      Don’t understand. The video for this discussion is here in the commentary. Can you see it?

      1. Thanks Catherine Rich Persaud posted it for me: https://home.solari.com/solari-cbdc-video-shorts/

5. Ricardo talked about the Guernsey pound. Similarly, at the outbreak of the first world war, the UK gov issued interest-free “Bradbury” pounds. Short explanatory write-up about it here: https://archive.sustecweb.co.uk/past/sustec12-6/extract_from_the_financiers_and.htm

6. Catherine: “you had so many explorers who said they’d travelled around the ‘island’ “

   sounds like virology.

7. Catherine, regarding the immortal soul mentioned at 1:13…

   I believe the DNA theory is yet another realm where the facts have been reversed to hide the truth. DNA doesn’t make us. it reflects who we are. We make our DNA. Our souls specify our DNA.

   i.e., “techniques” to change our DNA will ultimately fail.

8. capitalism could only aid humanity when the future of the human race is always put first. if profits come first, capitalism will always harm or hold back humanity. unfortunately, today’s human design does not allow most people to put humanity before personal profit or advantage. I can think of hundreds of scenarios to demonstrate this.

   those who know how to make money will always reject this fact because they can’t bear to give up their personal financial advantage.

   for humanity to truly advance, money would have to be removed from the equation. I haven’t encountered a solution yet that would allow a society similar to today’s modern societies to continue without money. a balance between personal and humanity’s needs would be necessary, but who would define the point at which this balance occurs?

9. Oooo I loved myth #10 that was really unexpected! Such an important topic. David Icke calls the physical realm the “5-sense reality” which I think sums it up perfectly. So many people don’t grasp the reality and existence of other realms and therefore they end up with this 2D map in this 5D world. Nothing fits together unless you grasp that there are other realities existing simultaneously and interacting with the one our 5 senses can perceive. I think the mission really is to build a really good 5D map and I’m not sure that it’s a task that any one person could do but needs to be a kind of collective map expanded upon for generations. Solari makes an excellent contribution to this, so thank you.

   1. 🙂

10. I have to say, shared widely, this conversation could transform the thinking and perceptions of huge numbers of people. Outstanding work!

    In the segment on Myth #2, you talk about alternative money systems (and later on when talking about growth, silver, gold, etc.). If a state had a state bank (like North Dakota’s) to host it, are there reasons why a fairly basic Mutual Credit-Clearing Network couldn’t allow commerce – the marketplace – to continue functioning? Everyone (including state- or locally permitted businesses) would have an account and a debit card number, and the goal in one’s account is for the balance to fluctuate, to a permitted degree (more for businesses) around zero. It doesn’t provide for savings or wealth accumulation – that would have to be handled by other institutions, like the state-owned bank. One could peg the account units to the dollar (or not), and dollars deposited with the state bank for your account would generate the balances. People could be paid through their account and pay others. The state bank could collect and process tax payments (or in the case of federal taxes, sequester for later periodic distributions). It seems like a database and the ability to quickly assign account numbers ,and some thoughts about start-up processes could prepare such a state for any sort of financial emergency that the rackets inflict that would slow or stop local and state-level commerce. States could make compacts with other states to expand the reach of account holders and their transactions. Anyway, there are lots of good reasons to have a state bank and this might be one of them, regardless of the details of implementation.

    1. Charles:

       Who can help us with the digital payment systems operations. We need to make sure that the systems communicating payments between state, banks and citizens can not be surveilled or interrupted or controlled from outside the state. How do we do this? I could use some help from people who know payment and telecommunications systems.

       Catherine

       1. I’ll see what (or who) I can dig up. I’ll have to go to my own way-back machine to dredge up all of this stuff that I was studying in the 1990s and early 2000s. C

       2. Just for interest, here’s the web site for one of the people who taught me a lot of what I understand about local banking and finance (https://beyondmoney.net/about/). His 9/9/23 post there seems well aligned with our financial aspirations.
          I have a friend I haven’t been in touch with lately who worked for years managing the creation and evolution of large, relational, interactive and interconnected databases for the State of Oregon, including some of the largest in use. I’ll see what he’s up to these days and what he might contribute. He and his wife are also local organic farmers, as it happens.

11. I am telling on myself- ignorance on my part.
    For the last few years when Catherine talks about Neel KASHKARI

    I have heard over and over in my brain- “Kneel Cash-Carry”. I kept thinking it was a knick name like “Fraudchi”

    Wow, glad to be able to view and listen to this presentation so I could look up the man’s proper name and CV.

    Oh my, glad I am staying in my state of amusement and learning each day.

    1. 🙂

12. Excellent conversation and wisdom! Thank you so much Catherine and Ricardo.

13. Myth#2 Just look at the picture of the building of the BIS. It’s a BIG boot

14. Catherine…When the two of you discussed what happened in Guernsey, where the money supply was increased greatly over time, but it did not lead to big inflation, are we saying that increases in the money supply when it’s done by creating debt will lead to inflation? And if so, why is this true? Thanks! Jim

    1. Critical issue is whether the money is invested with a positive return. Negative return investment leads to inflation. See Richard werners speech at Malmo.

       1. Learned about Guernsey money supply today. Wow. When you contrast Guernsey (invested with positive return) with the US scam-demic money supply 2020-2022 (negative return investment, invested in NOTHING PRODUCTIVE, instead quickly spent on “stuff” and stocks), proves the theory. THANK YOU for this valuable presentation/discussion!

    2. also read Richards book “Princes of the Yen”. it explains everything.

15. Related to several points in the interview is my recent business trip to China. My local Chinese business colleagues were so proud and excited about the technological advances there – they don’t use cash or credit cards, but pay for most things with their smart phone. One man’s ultimate joy was when he showed me that he can now pay at places by letting the camera at the cash register use his facial recognition to pay. It was quite shocking.

    1. people around the world have been brain-washed to worship technology, especially in china where the government points to the “advances” with pride and states that china is leading the world.

16. A wonderful interview between the two of you, Catherine, from beginning to end! 🙂

17. Thank you!

18. CAF your mother & father must be completely PROUD of you . You are amazing & I pray for you everyday, never stop….it’s working.

    1. Wow. In Washington DC. Your kind words helped inspire.

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