EVERY DAY almost everyone on this planet uses money. Yet few people understand how money works and affects their lives directly and indirectly. Let us, therefore, take a closer look at what money is and what would happen without it.

First, the good news: Money is one of the most ingenious inventions of humankind, as it helps the exchange of goods and services and overcomes the limits of barter, that is, the direct exchange of goods and services. For example, if you live in a village which relies entirely on barter, and you produce works of art but there is nobody to exchange your artwork with except the undertaker, you will soon have to change your occupation or leave. Thus, money creates the possibility for specialization, which is the basis of civilization. Then why do we have a “money problem”?

Here comes the bad news: Money does not only help the exchange of goods and services but can also hinder the exchange of goods and services by being kept in the hands of those who have more than they need. Thus it creates a private toll gate where those who have less than they need pay a fee to those who have more money than they need. This is by no means a “fair deal.” In fact, our present monetary systems could be termed “unconstitutional” in most democratic nations, as I will show later …

• LIST OF FIGURES:
• INTRODUCTION
• CHAPTER ONE FOUR BASIC MISCONCEPTIONS ABOUT MONEY
• First Misconception: THERE IS ONLY ONE TYPE OF
• Figure 1 Basic Types of Growth Patterns
• Figure 2 Constant Growth Curves
• WE ARE ALL EQUALLY AFFECTED BY INTEREST
• FREE MARKET ECONOMIES
• Figure 5 Development of Various Economic Indicators
• REPLACEMENT OF INTEREST BY A CIRCULATION FEE
• THE FIRST MODEL EXPERIMENTS
• THE NEED FOR LAND REFORM
• Figure 7 To Pay for a Building Site in the FRG in the 1980s
• THE NEED FOR TAX REFORM
• THE ADVANTAGES IN GENERAL
• FLAWS IN THE MONETARY SYSTEM
• Figure 8 Why Does the Economy Get Caught in the Cogs?
• Figure 9 Growth of the GNP in the FRG Between 1950 and 1989
• Figure 10 Have You Ever Seen Money Work?
• THE RICH
• THE POOR
• Figure 12 Interest Rate vs. Unemployment and Bankruptcies
• Figure 13 Development Aid
• Figure 14 We Are Living in World War III Already
• THE CHURCHES AND SPIRITUAL GROUPS
• BUSINESS AND INDUSTRY
• Figure 15 Labour Costs Are Higher Than Just Salaries
• FARMERS
• ECOLOGISTS AND ARTISTS
• Figure 16 Hurrah! 2.5% Growth Again!
• WOMEN
• CHAPTER FOUR SOME LESSONS FROM HISTORY
• BRAKTEATEN MONEY IN MEDIEVAL EUROPE
• THE WEIMAR REPUBLIC AND THE GOLD STANDARD
• REPLACING REVOLUTION WITH EVOLUTION
• A POSSIBLE SOLUTION FOR THE NEAR FUTURE
• THE PARKING FEE CREATES A NEUTRAL MONEY SYSTEM
• CHAPTER SIX WHAT CAN I DO TO HELP IN THE TRANSITION PERIOD?
• BE INFORMED, INCREASE THE AWARENESS OF OTHERS
• SPONSOR MODEL EXPERIMENTS
• START A LOCAL EXCHANGE TRADING SYSTEM
• SUPPORT ETHICAL INVESTMENT
• THE LET SYSTEM
• THE WIR NETWORK AND SIMILAR ASSOCIATIONS
• THE J.A.K. COOPERATIVE BANKS IN SWEDEN

An Excellent Read In My Book :D Effectively, the FED can be put out of a job, sidestepped, by decentralisation and using other economies locally. A total crash is not necessary.