Yes that is correct. Modern money is loaned into existence as interest-bearing debt. If you own the right to create money in this way you need do nothing other than lend money to people who need money and your future wealth is assured.
Unfortunately for most of us we don't own and run a a bank so we are stuck with creating wealth the old fashioned way. By adding value to real goods and services. As the debt mountain grows our ability to service loans through doing an honest days work diminishes and we all end up feeling the pressure.
The Food Loop Game is designed to start a process that will antidote this negative situation we all find ourselves in. The antidote to lending money into existence as debt is to trade it into existence as we apply our collective skills and talents to add value to real goods and services.
Unfortunately for most of us we don't own and run a a bank so we are stuck with creating wealth the old fashioned way. By adding value to real goods and services. As the debt mountain grows our ability to service loans through doing an honest days work diminishes and we all end up feeling the pressure.
The Food Loop Game is designed to start a process that will antidote this negative situation we all find ourselves in. The antidote to lending money into existence as debt is to trade it into existence as we apply our collective skills and talents to add value to real goods and services.
With the Food Loop Game we are trying to encourage the money we have to stay for longer in our local food economy. Simply put, the more work our money does as it circulates around our local food economy the more vibrant that food economy, and the businesses that comprise it, will be.
At the end of the day it is not the money that creates the wealth it is the collective talents of all the people working in the food sector locally that create the food. The cash just facilitates the process. Lets all try to make sure that the Food Loop Project is a success so it can play a constructive part in helping our local food economy to thrive.
Michael H
At the end of the day it is not the money that creates the wealth it is the collective talents of all the people working in the food sector locally that create the food. The cash just facilitates the process. Lets all try to make sure that the Food Loop Project is a success so it can play a constructive part in helping our local food economy to thrive.
Michael H