by Arjun Walia, Collective Evolution:

• The Facts:A small trial in Germany is set to take place giving participants $1400 a month for three years. They will compare the lives of those who receive it, and the participants who don’t.


• Reflect On:Why is the concept of universal basic income rejected by the major political parties in most developed nations? Why do we have a private company like the Federal Reserve printing/creating money at will? Is centralized banking the best way?

What Happened: Germany is starting a universal basic income trial where volunteers will get a $1400 dollar payment every single month as part of a study that will compare the experiences of 120 volunteers who receive it to 1,380 people who won’t. A total of 140,000 people have come together to help fund the study after the idea of a universal basic income continues to gain popularity. Germany is not the only country who has begun such initiatives, Finland also did something similar a few years ago, and proponents of the initiative believe it would improve peoples’ lives and reduce inequality, among other things. Opposition arguments to this type of initiative suggest that it would simply be unaffordable, too expensive and also discourage work.

Jürgen Schupp, who is leading the study, told the German newspaper Der Spiegel that it would improve the debate about universal basic income by producing new scientific evidence.

“The debate about the basic income has so far been like a philosophical salon in good moments and a war of faith in bad times,” he told the newspaper.

Universal basic income is not really supported by any of the major political parties across the globe, especially in Germany.

Why This Is Important: A quote often attributed to Henry Ford reads as follows, “It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.” Isn’t it odd that the financial elite can simply print money at will? How come when we do it it’s called counterfitting, but when they do it it’s called increasing the money supply? These people can literally create money out of thin air, and the more I understand the concept of fractional reserve banking, the more I realize that money is simply a tool to in-slave and control the human race while benefiting a select few. This becomes easier to see when you follow the money.

Do we not have the potential to create something better on our planet? Is money really needed, or could we all come together, cooperate and find a better way? If we are going to use this creation of ours, could it not be used in a better and more efficient way?

“As I followed the money I’ve learned that everything I once believed about money is simply not true.” – Foster Gamble

If you want to learn more about the system, you can refer to this article that goes into more detail: The Real Purpose of the Federal Reserve Banking System.

I believe these questions are important, as many of us have been made to believe that our financial system is for the greater good, and that it’s efficient and the only possible way to operate here on our planet. When it comes to the world of finance, our minds are stuck inside of a box.

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