by Gregg Prescott, M.S. Founder, Webmaster, & Editor, In5D.com on May 13, 2015
Living without money is an issue that many are concerned about but not many people are talking about solutions.
Many of us already live in either poverty or near poverty levels.
Is the answer found in government assistance and the material world or is it found in going beyond this ego-centered, materialistic world and finding a new way of living?
The world’s economy is based on economics, which is backed by the banking system that is designed to create debt.
For example, imagine that I am your local conglomerate bank and there was only $100 in existence.
If I lent you that $100 and expected you to pay me back $110, how can you possibly do this when there is only $100 in existence?
Where are you going to come up with that $10 extra dollars that never existed?
The current financial system is not backed by anything such as gold or silver, so there is not much difference between the cost of printing a $1 bill or a $100 bill because it’s just paper, yet for some strange reason, we place a high value on this paper backed by nothing.
