What do SWIFT and BRICS have in common? They both use Fractional Reserve.
Global banking is designed to hold power by limiting and increasing the money supply.
Why set up a banking system based on fractional Reserve? To setup country classes. The Pyramid system holds some countries back while empowering others to perpetuate inequality.
Why does money grow on trees for Central Banks but not for the People? Control.
Money is created out of thin air, backed by gold, then oil, and now it is leaning toward gold again.
Why was BRICS formed? Because the US Reserve currency was weaponized.
The world has lost trust in the monetary system, and are madly building FR alternatives.
Humanity First has a choice? To build a new system based on Needs or on F Reserve.
What would change if humanity had its own Needs-based Reserve Currency?
Would we have the geopolitical issues and wars we have today? No.
Would we have poverty and hardship? No.
Would we have trade imbalances? yes, but would it matter? No.
Does Humanity prefer the stability of needs backed currency or the instability of debt based increases and the disruption of government policy acting against the needs of its people? Should I go on?
Community (Karmic) Credits is Humanities first and only Needs-based People's Reserve Currency. It begins without a value, pegging itself to every fractional reserve currency in existence, and over time, as debt-based currencies delete, it will become trusted as the great equalizer.
What makes Karmic credits unique is that it separates the People from Global trade corporatocracies and government bureaucracy to affect our outcomes. Below 1 million dollars/credits people are limitless, creating, trading and ensuring all of their basic needs and a few extras are met, and there is no taxation or surveillance required.
Above 1 million, the Fractional Reserve debt-based modelling is applied. This means that the big money earners are the only ones taxed and this helps with capital controls that are set by the price of a life within a countries population.
