{"id":4030,"date":"2015-04-12T21:22:09","date_gmt":"2015-04-12T21:22:09","guid":{"rendered":"http:\/\/www.ggtrust.com\/currency\/?page_id=4030"},"modified":"2015-04-12T21:22:09","modified_gmt":"2015-04-12T21:22:09","slug":"summary","status":"publish","type":"page","link":"https:\/\/currency.ggtrust.com\/index.php\/summary\/","title":{"rendered":"Summary"},"content":{"rendered":"<blockquote>\n<h3><span style=\"color: #0000ff\">Let&#8217;s learn how our money system affects human cultures and human behavior.\u00a0 <\/span><\/h3>\n<h3><span style=\"color: #0000ff\">Then, we have an opportunity to return to <em>sustainability and prosperity through changing just one thing!<\/em><\/span><\/h3>\n<p><strong><span style=\"color: #0000ff\">This summary will get you ready to learn more<\/span>.<\/strong><\/p><\/blockquote>\n<h3><strong>I. <a title=\"Part I \u2013 Where are we now?\" href=\"http:\/\/www.ggtrust.com\/currency\/part-1-where-are-we-now\/\">Where are we now? <\/a><\/strong><\/h3>\n<p><strong>The current money system is a mess. These problems are intrinsic to the very system that the world is now using. By changing the type of money we use, we can change many things about our economy and our society.<\/strong><\/p>\n<p><strong>We offer a new system, which has some definite benefits. Some of them are:<\/strong><\/p>\n<ul>\n<li><strong>Wealth stays in local communities<\/strong>, rather than being sucked up by cities and governments.<\/li>\n<li>increased prosperity at the local level primarily, and in the users of the system generally<\/li>\n<li><strong>An increased sense of community and cooperation<\/strong><\/li>\n<li><strong>Privacy<\/strong> in money transactions<\/li>\n<li><strong>Removal of the necessity of using<\/strong> banks for money transactions and savings<\/li>\n<li><strong>Decreased cost of money transactions<\/strong><\/li>\n<li><strong>Removal of governmental restrictions and interference <\/strong>in money transactions<\/li>\n<li><strong>Stability<\/strong> in the international economy<\/li>\n<li><strong>Long-term thinking<\/strong> in economic decision making<\/li>\n<li><strong>Asset backing<\/strong>, giving stability to the currency<\/li>\n<li>Increased <strong>balance in the male-female dynamic<\/strong> in our societies<\/li>\n<li>Many of the <strong>benefits of the new cryptocurrencies, like Bitcoin<\/strong><\/li>\n<\/ul>\n<p><strong>Changing <em>just one thing<\/em> could cause massive benefits to global societies.<\/strong><\/p>\n<p>&nbsp;<\/p>\n<h3><strong>II. <a title=\"Part II \u2013 What is Money?\" href=\"http:\/\/www.ggtrust.com\/currency\/part-ii-what-is-money\/\">What is money?<\/a><\/strong><\/h3>\n<p>Functions of Money:<\/p>\n<ul>\n<li><a href=\"https:\/\/en.wikipedia.org\/wiki\/Medium_of_exchange\">medium of exchange<\/a>,<\/li>\n<li>Measure of value or <a href=\"https:\/\/en.wikipedia.org\/wiki\/Unit_of_account\">unit of account<\/a>, and<\/li>\n<li><a href=\"https:\/\/en.wikipedia.org\/wiki\/Store_of_value\">store of value<\/a>. US Dollars have lost 96% of their value in the last 100 years\u2014not much of a store of value!<\/li>\n<\/ul>\n<p>How about a definition? \u201c<strong>An agreement to use something as a medium of exchange<\/strong>\u201d.<\/p>\n<h3>Types of Money<\/h3>\n<ul>\n<li>Commodity Money\u2014Cigarettes, Cowries and Cows<\/li>\n<li>Precious Metals<\/li>\n<li>Representative Money\u2014Bank receipts, potsherds and wafers<\/li>\n<li>Fiat Money\u2014All national money is Fiat money\u2014made from nothing, backed by nothing.<\/li>\n<li>Coins<\/li>\n<li>Paper Money<\/li>\n<li>Yin money types\u2014Ostraca, Bracteaten, Scrip, Complementary Currencies<\/li>\n<li>Electronic Money\u2014Digital dollars, Bitcoin<\/li>\n<li>Cryptocurrency\u2014The good and the bad about Bitcoin. Using cryptocurrencies not just as media of speculation, but as media of exchange and stability.<\/li>\n<li>Complementary Currencies\u2014IF we didn\u2019t need them, why do we have 4000 of them?\n<ul>\n<li>Scrip\u2014Local paper money<\/li>\n<li>Mutual Credit Systems\u2014Anyone can play! No money needed!<\/li>\n<li>Time\/Dollar systems\u2014Time is money!<\/li>\n<li>Loyalty Currencies\u2014Air miles, S&amp;H Green Stamps,<\/li>\n<li><a title=\"Curitiba\u2014Bus Tokens and Garbage\" href=\"http:\/\/www.ggtrust.com\/currency\/curitiba-bus-tokens-and-garbage\/\">Curitiba, Brazil<\/a>\u2014Increase the economy by 75% by using bus tokens and garbage<\/li>\n<li><a title=\"Woergl \u2013 Saved the Economy\u2014Until the Central Bank Found Out\" href=\"http:\/\/www.ggtrust.com\/currency\/woergl-saved-the-economy-until-the-central-bank-found-out\/\">Worgl<\/a>\u2014Saved the local economy\u2014until the central bank found out!<\/li>\n<li><a title=\"Swiss WIR\u201480 Years of Stability No One Knows About\" href=\"http:\/\/www.ggtrust.com\/currency\/ii-swiss-wir-80-years-of-stability-no-one-knows-about\/\">Swiss WIR Franc<\/a>: 80 years of Stability (That no one knows about!)<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<h3>Currency vs Money\u2014Currency Circulates<\/h3>\n<ul>\n<li>Portable<\/li>\n<li>Fungible<\/li>\n<li>Divisible<\/li>\n<\/ul>\n<h3>Types of Currency<\/h3>\n<p>20+ types of US currency for the US Dollar<\/p>\n<p>New Currency Types for GGCurrency<\/p>\n<ul>\n<li>Aurum<\/li>\n<li>Artisanal Currencies<\/li>\n<li>Local Community Currencies<\/li>\n<\/ul>\n<h2><strong>III. <a title=\"Part III \u2013 How Could a Money System Change Human Behavior?\" href=\"http:\/\/www.ggtrust.com\/currency\/part-iii-how-could-a-money-system-change-human-behavior\/\">How could a money system change human behavior?<\/a><\/strong><\/h2>\n<h3><strong>Archetypes<\/strong><\/h3>\n<p><strong>An archetype is a recurrent<em> image<\/em> that patterns human <em>emotions<\/em> and <em>behavior<\/em>, and which can be observed <em>across time and cultures<\/em>. <\/strong><\/p>\n<p><strong>The Basic Archetypes dealing with Money<\/strong><\/p>\n<ul>\n<li>Sovereign\u2014Integration<\/li>\n<li>Warrior&#8211;Protection<\/li>\n<li>Magician\u2014Secrets and learning<\/li>\n<li>Lover\u2014Beauty, love, cooperation<\/li>\n<li>Great Mother\/Provider&#8211;Abundance<\/li>\n<\/ul>\n<p><strong>Shadow<\/strong><\/p>\n<ul>\n<li><strong>The shadow causes us to unconsciously express that which is hidden within us.<\/strong><\/li>\n<li><strong>The function of the shadow is to bring repressed issues into consciousness by expressing them through our behavior. <\/strong><\/li>\n<li><strong>What archetypes and shadows have in common is to<em> predispose people to act in certain predictable ways.<\/em><\/strong><\/li>\n<li>Fear causes the shadow to split into Yin and Yang polarities<\/li>\n<\/ul>\n<h3><span style=\"color: #ff0000\"><strong>Major Yin and Yang Shadows of the Basic Archetypes<\/strong><\/span><\/h3>\n<table style=\"height: 230px\" width=\"520\">\n<tbody>\n<tr>\n<td width=\"120\"><strong>Archetype<\/strong><\/td>\n<td width=\"144\"><span style=\"color: #ff0000\"><strong>Yang Excess (Excess)<\/strong><\/span><\/td>\n<td width=\"150\"><span style=\"color: #0000ff\"><strong>Yin Excess (Deficit)<\/strong><\/span><\/td>\n<\/tr>\n<tr>\n<td width=\"120\"><strong>Sovereign<\/strong><\/td>\n<td width=\"144\"><span style=\"color: #ff0000\">Tyrant<\/span><\/td>\n<td width=\"150\"><span style=\"color: #0000ff\">Weakling<\/span><\/td>\n<\/tr>\n<tr>\n<td width=\"120\"><strong>Warrior<\/strong><\/td>\n<td width=\"144\"><span style=\"color: #ff0000\">Sadist<\/span><\/td>\n<td width=\"150\"><span style=\"color: #0000ff\">Masochist<\/span><\/td>\n<\/tr>\n<tr>\n<td width=\"120\"><strong>Lover<\/strong><\/td>\n<td width=\"144\"><span style=\"color: #ff0000\">Addict<\/span><\/td>\n<td width=\"150\"><span style=\"color: #0000ff\">Impotent<\/span><\/td>\n<\/tr>\n<tr>\n<td width=\"120\"><strong>Magician<\/strong><\/td>\n<td width=\"144\"><span style=\"color: #ff0000\">Apollo (Hyper-rational<\/span><\/td>\n<td width=\"150\"><span style=\"color: #0000ff\">Dionysus (Indiscriminate)<\/span><\/td>\n<\/tr>\n<tr>\n<td width=\"120\"><strong>Great Mother<\/strong><\/td>\n<td width=\"144\"><span style=\"color: #ff0000\">Greed<\/span><\/td>\n<td width=\"150\"><span style=\"color: #0000ff\">Fear of Scarcity<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3>\u00a0<strong>Yin money vs Yang Money<\/strong><\/h3>\n<ul>\n<li>It is possible to change the way shadows express in our lives and in society by changing from scarcity and greed mindsets to an abundance mindset.<\/li>\n<li>All national money today is Yang Money<\/li>\n<li>Yang money has certain traits.<\/li>\n<li>Yin money has other traits<\/li>\n<\/ul>\n<p><strong>Our system would remove the <span style=\"text-decoration: line-through;color: #ff0000\">negative characteristics <\/span>of yang currencies, and leave the positive.<\/strong><\/p>\n<p><strong>And add these Yang traits to Yin money traits<\/strong><\/p>\n<p><strong>Yang vs Yin Money<\/strong><\/p>\n<div id=\"attachment_4036\" style=\"width: 722px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/currency.ggtrust.com\/wp-content\/uploads\/sites\/3\/2015\/04\/Yang-vs-Yin-Money.png\"><img fetchpriority=\"high\" decoding=\"async\" aria-describedby=\"caption-attachment-4036\" class=\"size-full wp-image-4036\" src=\"http:\/\/currency.ggtrust.com\/wp-content\/uploads\/sites\/3\/2015\/04\/Yang-vs-Yin-Money.png\" alt=\"Yang vs Yin Money\" width=\"712\" height=\"397\" srcset=\"https:\/\/currency.ggtrust.com\/wp-content\/uploads\/sites\/3\/2015\/04\/Yang-vs-Yin-Money-300x167.png 300w, https:\/\/currency.ggtrust.com\/wp-content\/uploads\/sites\/3\/2015\/04\/Yang-vs-Yin-Money.png 712w\" sizes=\"(max-width: 712px) 100vw, 712px\" \/><\/a><p id=\"caption-attachment-4036\" class=\"wp-caption-text\">Yang vs Yin Money<\/p><\/div>\n<h3><strong>Requirements of our Currency System<\/strong><\/h3>\n<p><a href=\"http:\/\/currency.ggtrust.com\/wp-content\/uploads\/sites\/3\/2015\/04\/Requirements-of-our-Currency-System1.png\"><img decoding=\"async\" class=\"aligncenter  wp-image-4034\" src=\"http:\/\/currency.ggtrust.com\/wp-content\/uploads\/sites\/3\/2015\/04\/Requirements-of-our-Currency-System1.png\" alt=\"Requirements of our Currency System\" width=\"531\" height=\"301\" srcset=\"https:\/\/currency.ggtrust.com\/wp-content\/uploads\/sites\/3\/2015\/04\/Requirements-of-our-Currency-System1-300x170.png 300w, https:\/\/currency.ggtrust.com\/wp-content\/uploads\/sites\/3\/2015\/04\/Requirements-of-our-Currency-System1.png 692w\" sizes=\"(max-width: 531px) 100vw, 531px\" \/><\/a><\/p>\n<h3>Changing The System<\/h3>\n<p><strong>How this works<\/strong><\/p>\n<ul>\n<li>Archetypes expressing thru money type<\/li>\n<li>Fiat Money Activating Male Archetypes\n<ul>\n<li>Sovereign<\/li>\n<li>Warrior\u2014can we see this????<\/li>\n<li>Magician<\/li>\n<\/ul>\n<\/li>\n<li>Leaving the Yin archetypes unactivated\n<ul>\n<li>Lover<\/li>\n<li>Great Mother\/Provider\n<ul>\n<li>Greed vs Fear of Scarcity Describes our Society<\/li>\n<li>Short term thinking\u2014utilitarian projects instead of long term and beauty<\/li>\n<li>Competition instead of cooperation<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p><strong>Change the type, change the archetype<\/strong><\/p>\n<p><strong>Power vs Force \u2013 \u201cMost important book in the decade.\u201d<\/strong><\/p>\n<ul>\n<li>Causes and causality\u2014Exist perpendicular to our reality<\/li>\n<li>Chaos theory and attractors\u2014Slums and slumness<\/li>\n<li>Changing the system\n<ul>\n<li>Changing the vibes<\/li>\n<li>Balancing the archetypes<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<h2>IV. <a title=\"Part IV \u2013 Currency Ecosystems\" href=\"http:\/\/www.ggtrust.com\/currency\/part-iv-currency-ecosystems\/\">Currency Ecosystems\u2014Efficiency vs Resilience<\/a><\/h2>\n<p>The current money system is inherently unstable<\/p>\n<p>This instability activates the Magician archetype to come up with more and more complicated means of controlling the economy.<\/p>\n<h3>Efficiency vs Resilience<\/h3>\n<p>In the West, we focus on more and more efficiency, like a monocrop cornfield or pine plantation.\u00a0 But a pine plantation is very susceptible to disease or fire.<\/p>\n<p>Similarly high density animal feeding operations require constant antibiotic use to ward off infection.\u00a0 Monocultures of anything are efficient, but not resilient.<\/p>\n<p>Natural forests and other ecosystems have many species, interacting in a manner which protects against disease and natural forces, and provides resilience.<\/p>\n<p>In the same way, our money system has only one type of money.<\/p>\n<h3><a title=\"Swiss WIR\u201480 Years of Stability No One Knows About\" href=\"http:\/\/www.ggtrust.com\/currency\/ii-swiss-wir-80-years-of-stability-no-one-knows-about\/\">Wir Bank<\/a><\/h3>\n<h3><a title=\"Interest and Demurrage\" href=\"http:\/\/www.ggtrust.com\/currency\/home\/interest-and-demurrage\/\">Interest and Demurrage<\/a><\/h3>\n<h3>Yin money societies<\/h3>\n<h3>Requirements of our Currency System<\/h3>\n<h2>V. <a title=\"Part V \u2013 Solutions\" href=\"http:\/\/www.ggtrust.com\/currency\/ggcurrency\/part-v-solutions\/\">Solutions<\/a><\/h2>\n<ul>\n<li>Create a system incorporating both Yang (financial capital) and Yin (social capital) currencies.<\/li>\n<li>Back this money with assets.<\/li>\n<li>Create the money as Assets, instead of Debits like the national currencies today.<\/li>\n<li>Create the money in a number of interchangeable forms.\n<ul>\n<li>Digital<\/li>\n<li>Paper Money<\/li>\n<li>Local Currencies<\/li>\n<li>Precious Metals<\/li>\n<li>Cryptocurrencies<\/li>\n<\/ul>\n<\/li>\n<li>Create a Trade Reference Currency to balance business cycles<\/li>\n<li>Use Demurrage on at least the Yin portions of the money\n<ul>\n<li>By the use of demurrage, it may be possible to increase the wealth of the community by more than TEN TIMES the original amount, just by using this small usage fee!<\/li>\n<\/ul>\n<\/li>\n<li>Use small discounts to make it easier to enter into the Yin currencies, and small charges to discourage exchanging out of the system.<\/li>\n<li>Complementary currencies balance the current national fiat currencies<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<h2>VI. <a title=\"Part VI \u2013 Implementation\" href=\"http:\/\/www.ggtrust.com\/currency\/part-vi-implementation\/\">Implementation<\/a><\/h2>\n<p>This money system has many different currencies to handle many aspects of the ideal currency system. Just like the US dollar has\/has had more than 20 different currencies, GGCurrency will have different currencies for operating in different fields.<\/p>\n<ul>\n<li>Cryptocurrency\n<ul>\n<li>Will be produced by cryptologic \u201cmining\u201d, which validates each transaction and creates a protected \u201cblockchain\u201d ledger of transactions. This is like the Bitcoin model.<\/li>\n<li>Other shares of cryptocurrency will be created as an arbitrary initial block of currencies, to form a digital version of GGT Shares.<\/li>\n<li>Ongoing creation of shares thru mining will be taxed in order to provide shares for those performing labor for the system.<\/li>\n<li>Ethereum is a new computer language created especially for creating cryptocurrencies such as GGCurrency. Ethereum adds many advanced features to the system, such as escrow, conditional transactions, property transfers, and much more.<\/li>\n<\/ul>\n<\/li>\n<li>Paper Shares<\/li>\n<li>Gold shares<\/li>\n<li>Digital shares<\/li>\n<li>Shares remaining uncirculated in the Treasury<\/li>\n<li>Labor shares can be allocated by local exchange centers in exchange for labor performed for the community. They will come from a fee or tax on the creation of new shares (\u201cmining\u201d)<\/li>\n<li>GGTrust Share Certificates will be used as a currency in the GGCurrency system.<\/li>\n<li>International Terra-like Trade Reference Currency provide countercyclical balance to world trade.<\/li>\n<\/ul>\n<p>A basket of physical assets and currencies will be used to back GGCurrency. This will give it value that fiat currencies do not have, and will prevent inappropriate creation of currency (inflation).<\/p>\n<p>It is suggested that the initial value of a share of GGCurrency be approximately 10 US Dollars. This would represent an hour of human labor, and also the price to purchase a 1\/10<sup>th<\/sup> gram Aurum note.<\/p>\n<p>A fee to convert GGCurrency to national currency will tend to keep the GGCurrency in circulation, as will demurrage charges. A discount to convert national currency into local GGCurrency will also tend to bring value into the GGCurrency system.<\/p>\n<p>Share Exchange centers will be established at the local community, region and national levels. They will assist in marketing and administering the system, training businesses and members, and assisting in the transfer of one form of currency into another.<\/p>\n<p><a title=\"Interest and Demurrage\" href=\"http:\/\/www.ggtrust.com\/currency\/home\/interest-and-demurrage\/\">Demurrage<\/a> will be established on local currency to increase the velocity of its circulation. It may also be applied to the Trade Reference Currency.<\/p>\n<p>&nbsp;<\/p>\n<p>To learn more, choose one of these options:<\/p>\n<ul>\n<li><a title=\"Part I \u2013 Where are we now?\" href=\"http:\/\/www.ggtrust.com\/currency\/part-1-where-are-we-now\/\">Explanation in Seven Parts<\/a> (recommended)<\/li>\n<li>Complete Background Power Point Presentation <strong>The Soul of Money <\/strong>(3 hours)<\/li>\n<li>White Paper on GGCurrency (40 pages)<\/li>\n<li><a title=\"Interest and Demurrage\" href=\"http:\/\/www.ggtrust.com\/currency\/home\/interest-and-demurrage\/\">Interest and Demurrage<\/a> (An excerpt from <a title=\"Part IV \u2013 Currency Ecosystems\" href=\"http:\/\/www.ggtrust.com\/currency\/part-iv-currency-ecosystems\/\">Part IV \u2013 Currency Ecosystems<\/a>)<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Let&#8217;s learn how our money system affects human cultures and  [&#8230;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"open","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-4030","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/currency.ggtrust.com\/index.php\/wp-json\/wp\/v2\/pages\/4030","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/currency.ggtrust.com\/index.php\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/currency.ggtrust.com\/index.php\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/currency.ggtrust.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/currency.ggtrust.com\/index.php\/wp-json\/wp\/v2\/comments?post=4030"}],"version-history":[{"count":0,"href":"https:\/\/currency.ggtrust.com\/index.php\/wp-json\/wp\/v2\/pages\/4030\/revisions"}],"wp:attachment":[{"href":"https:\/\/currency.ggtrust.com\/index.php\/wp-json\/wp\/v2\/media?parent=4030"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}