Self Development

Will the Living Income Guaranteed cause Inflation?

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One must first understand Inflation. Many years ago I asked a big shot in the bank a definition for inflation and his answer was quite incoherent, it’s like a matter of opinion. So we should rather look at the facts, than the opinions and justifications of ‘What inflation is?’and ‘Why does it exist?’


In a way if we go back in history, inflation can be seen as an extension of the cruelty of man. When there is not enough, then the so-called ideology of ‘Supply and Demand’ allows the greedy to increase prices and sell to the highest bidder, ensuring that the ideology that ‘money is power’ becomes ingrained in the human consciousness.

Another perspective of inflation is that it is an extension of Public Relations and Advertising.In advertising the real picture is photoshopped to make it more aligned with the mind, the mind becomes controlled by these images, goes into association and a relationship of comparison and then judges reality according to these pictures. This mechanism creates desires which produce the same type of supply and demand where the human who is controlled by these images and propaganda will do whatever they can to buy a product that is being inflated in its image.

Now the clever thing about this inflation of products by Public Relations is that you have to read the small print. The big print is all the fake and false images – the small print contains all the legal truths. The real truth about anything is always the small print because there you know you get the information about side effects, warranties, planned obsolescence, all the negative stuff is in the small print while all the positive stuff is in the big print. This is the same nature of positive thinking: it inflates the image on the positive side, it diminishes the negative side causing extreme imbalance that eventually reflects itself in general society as poverty and wealth.

Let’s look at another point of inflation: the deliberate inflation of prices to increase the profits of the corporation.As mechanization has been increasing – which should simply function as the replacement of labor, not the replacement of employment: more and more jobs are lost.Yet, prices are still being inflated. And now we sit with massive unemployment, inflated pricing, a problem with supply and demand because people don’t have money to buy and consume. So despite an appearance of inflation, the economic reality is that the economies are shrinking and not inflating– and you sit with the problem that your real value of a product has been lost a long time ago, because the real value has been labor all along.. And because the ideas of saving, competition, inflating the corporation and the war for a monopolized control has become the way of the world — the reality of what really exists is no longer easily accessible because: all we have is our inflated images.


So obviously if we have to keep following this distorted view of reality which is justified through the word ‘inflation,’ which is just a model of statistics – and you can check out the previous blog about the uselessness of statistics (
A Living Income Guaranteed is the BIG Issue) the statistics just inflate the idea that you know what you’re talking about, so statistics is just another form of inflation, it’s just Public Relations. It’s just a fake and false image and likeness with which the actual data is distorted so that those that benefit from having control and access to resources through this inflated view can justify why it is that the things are the way they are, why poverty is so immense and expansive… And so you’ll have the curious bizarre thing happening, for instance that the corporate top dogs and the loyalty they buy from people that are in the corporation – as well as their income – has been skyrocketing for at least the last 30 years. So these massive profits are used to buy loyalty which protects the top dogs. This same illness is now part of the government where people’s loyalty is bought so that they can protect the wealth of the few while the majority of people on Earth are existing in one or two dollars a day – and that’s quite okay apparently because the image is inflated to say that “That is enough for them to make a living.”

 

If we do not change the system, this Inflation point will have an effect. Obviously if the Living Income Guaranteed becomes a reality, we have to change the economic model: it’s not working, it has a fake and false inflated image by economists that are not worthy of the word ‘Economist’ because they are not managing and researching the ecology, the ecosystem of the world to ensure that every human being’s basic Human Rights are being protected.

Therefore everything you know about ‘Economics’ as several people that were brave enough to stand up have said “you have just being been lied to” –  Economy/the Economists, the ideas of Economics are all just a lie and so is inflation – the image is inflated, the truth and the data are not real and the human being has been mislead to believe that their data should not be in the hands of a central agency to actually create a stable environment. And so, the corporation and the propagandists can say that they’re doing and acting according to the will of the people, because the problem of inflation even exists there, the specific ideas and conspiracies have been inflated deliberately to create this image and likeness that the human’s will is apparently democratically being adhered to – It’s all in the image and likenesses of inflation.

For this all to work, you better study the Living Income Guaranteed proposal where we show what is necessary to be in place for a balanced society, where we show and expose all the inflations and propagandas and misdirection, where we show that at the end, even those in the current BIG proposals only have inflated egos – so inflation is really everywhere. Nowadays we even have inflation in terms of what it does to the body because the food is no longer supportive of the body, because Health is not really on the agenda of those that make policy,it’s all about profit.

Inflation is a danger all around and unless we stop all inflation – which is just a mind job – and we get back to reality and work with actual data based on the physical, our economic balance on Earth will not be restored, we will not have an ecosystem that supports Life on Earth and that protects the Human Rights of Every Human Being.

 

Equal Life Foundation Research Team

 

Inflation and the Living Income Guaranteed

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Living Income Guaranteed with Labor as Interest

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With the nationalization of banks within the Living Income Guaranteed and the eradication of interest on money, the money supply will grow as a function of labor. The labor has a capital value that will increase the money supply. This has been effectively used by the Germans where they made labor one of the foundations of their economic system. And within the Living Income Guaranteed where you have a Living Income for all your basic needs and you have a guaranteed minimum wage that is double the Living Income Guaranteed, your labor value will be predetermined as part of every product and service produced.

This means that the input of your labor as value is reflected and revealed within the price of goods and services. This way each person will understand that part of the price is another person’s livelihood, and that as you give = you will receive. Labor then becomes part of the economic value system, part of the production cost – which must be valued sufficiently to be able to support the laborer.

Labor is the action of the human with a measurable value which will be like the accumulation of interest and you’ll have a compound interest effect, which will have the effect of an ever expanding economy, ensuring that everyone in the country has sufficient support to have a dignified life. This is a fascinating point that economists should have adopted long ago, but unfortunately labor has been demonized instead of realizing that that is the actual only real interest that can exist within a system based on money.

Equal Life Foundation Research Team

Basic Income Guaranteed with Labor as Interest

Living Income Guaranteed and Education

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One of the fundamental issues in the world today is that education has become irrelevant, because it is based on the value that you can give to a corporation or a business to make a profit. Therefore even your labor and your education do not belong to you and do not add value to the system and do not allow you to effectively participate in the world for the betterment of everyone.


In South Africa for instance, there’s now a point system where your education is based on a life-long learning process that accumulates points. In the Living Income Guaranteed system, education will be the enhancement of your labor value – your labor value being the capital growth that you add to the system. It will also be the way we add money to the money supply and the way we grow the economy. According to your education and the points you add to your labor value, your service and labor fees that will determine your income value will accordingly increase at a guaranteed level, as it will be a set framework that is equal for everyone.

We will be able to increase our capacity to earn by increasing our labor value through increasing our education. This is why education will be important to be at a quality and evaluation level that is equal, so that the labor value increase is equal. The form of competition within the system would then be your drive to improve your labor value through education. This will bring education back into value and it will ensure that those with effective accumulated labor value increase, as education will take prominent positions based on the quality of labor which will thus produce a new living standard within the world system: it will bring about a quality in service, a quality in the general living conditions of the human as we will have a system of education based on integrity as a result of having an economic system based on integrity.

Our labor will be worth our value, which will be important especially in terms of the Living Income Guaranteed because your service fee/labor fee will carry a value of service tax/ sales tax/ value added tax which is a form of tax value that is created through labor and not through resource, and thus will facilitate in large, the ability of the system to supply and to sustain a Living Income Guaranteed.

Equal Life Foundation Research Team

Basic Income Guaranteed and Education

Living Income Guaranteed: Taxation and Transparency

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One of the fundamental problems in the world in how crime develops is through tax and tax evasion and for that, specially companies employ lawyers to find loopholes in laws so that they can set up all kinds of foundations and charities with which to evade tax; and with which to influence the markets and the goods available to the consumer, to benefit their own bottom line. Now with Living Income Guaranteed it is suggested that there is no tax at a personal level and no tax at a corporate level and that one only works with either sales tax or value added tax or, if necessary, with an import duty.

Charities and foundations should be eradicated because they are actually only duplicating the work that should have been done by the government – and the government being the people, the government is not a separate corporation and it is the social arm of the people. Therefore all the work done by charities is actually the work and responsibilities of the government of the citizens, for the citizens. And this duplication exists in order to be able to evade tax, placing governments under pressure to borrow more money, taking vast parts of the budget going towards interest is quite a foolish thing to do because that just makes the government more ineffective.

The most sought after jobs in the world should be those within the government that will require the highest level of expertise with very clear guidelines to ensure that the work delivered at all times is without question the best that can be. After all the foundation of respect between citizens is based on effectively delivering goods and services required to live. This is being hampered by the current methodology where especially profit and tax evasion plays a role and where the services of government are undermined – in many cases deliberately – simply to make profit quickly. This type of behavior which is a form of financial treason, should be outlawed in every way.

And therefore the positioning of accounting services really should be replaced by automation – this implies a universal software that is linked to the banking industry which is under Living Income Guaranteed which automatically assesses the profit margins and automatically keeps a tap on the income to make sure that the minimum wage is always adhered to, as well as ensuring that nobody can defraud the system. The only reason why there is no transparency at any level when money moves is because there is dishonesty. Absolute transparency means nothing is hidden and one should also apply this within the context of the pricing of goods so that one ensures that when a company is operational, there is enough money moving to ensure everyone gets their wages and that there is sufficient profit for the investors, so that at the end of the day the sales tax and the value added tax are paid effectively. All of that can be automated, removing the human factor that at this stage causes so many problems, because of the temptation that still exists to abuse the use of resources for personal benefit.This will only be stopped in time through education and understanding how peace and harmony depend on our ability to trust one another.

Equal Life Foundation Research Team

Basic Income Guaranteed and Taxation

Living Income and the Music Industry

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The music industry is one of the industries that has suffered the most under the current format of consumerism and capitalism. We have a peculiar scenario that developed where more than 90% of popular music became popular with some underlying sexual innuendo within the context of the music.

It’s as if music became a form of pornography, and because pornography has become something that up to now has been apparently something protected by free speech, we also created this in our music. Within this we are destroying true creativity within our musical arts, where we end up only with popularized music that is deliberately promoted within the vile of consumerism: where there is nothing that drives it but profit, and obviously entertaining the consumer to remain in a positive mindset of hope looking for the fulfillment of pleasure. This certainly is not music.

We expect that within the Living Income Guaranteed, the musician will have sufficient income on a Living Income Guaranteed to be able to truly develop their music and to explore building an audience that appreciates the music they create. The same will happen with the other arts in terms of painting, films, theater, literature, etc. If one no longer needs to make the music simply for the purposes of survival and you have sufficient support to truly explore your skills, the appreciation of the listener of the music enthusiast will grow substantially and we will develop a culture within our higher appreciations that will bring us a whole new era in music. All of this is facilitated through a simple principle: once each one is taken care of in their basic needs to live a life of decency, their ability is set free to find a higher form of expression. This higher form of expression is truly what everyone claims ‘they’ve been looking for’ but never considered that one requires a Practical Economic Model to set free the creative human potential. It will take time, but inevitably we foresee that we will become much more appreciative of arts and music and much more critical of content, expecting a higher value from our fellow human as we no longer are biased through our need to ‘feel hope for the future’ through some form of positive innuendo that is underlying abuse through our sexual expressions that has come through our generations.

In a society where you have felt like you were not supported in any way and you really have nothing to lose because you’ve already lost everything = the choice to be irresponsible was accentuated. In a more balanced society, one where everyone is taken care of within a Living Income Guaranteed structure will develop self-responsibility and self-respect, because Living Income Guaranteed in itself would be a statement by every human towards their fellow human “I respect you as life” and that statement, that certainty that one is protected and supported: will start changing human nature. 

Equal Life Foundation Research

Basic Income Guaranteed and Music Industry

Related Post: Day 235: Living Income and Effective Markets

Living Income Guaranteed and Teaching

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This is a more difficult issue because thus far the education systems of the world have only been a drain in the economy and have not really produced anything substantial. One of the latest examples is the South African education system that in the last 10/15 years has eaten up 20% of the budget, but at the university level, there’s only a 15% pass rate with billions being lost in inefficiency.

Education and specifically teaching is also a type of ‘easy job’ because there are no real guidelines or minimum standards, while this is one of the points that build the foundation of a society that can exist without a criteria to measure effectiveness, to apply it and to expect effectiveness.

The current likelihood of drawing people into the education field is purely for having an ‘easier job,’ one where there is no real accountability and that is quite a problem. Therefore in Living Income Guaranteed we suggest that the teaching profession should be in the category that is normally referred to as one’s vocation. This means that teaching should be in the hierarchy of needs at the level where a person has achieved everything they wanted to be and become in this life, thus they are accomplished and ‘feel the calling’ to educate the children of the future. And they decide to do so not because of money, they do it because of the satisfaction it gives and because they have prepared themselves effectively to be the best that they can be.

We suggest that the teachers should be the best individuals of our society, the living examples that can share with the younger generations how to walk through the path of life with sufficient skills, sufficient understanding of how the world works while standing as an example of what it means to be a self responsible and integral person in society. Therefore money should not be what drives the teaching vocation, because Living Income Guaranteed would be – in our proposed format –sufficient to make a decent living, which means a teacher should only ever receive the Living Income Guaranteed and not anything more.This would require one to look at teaching from a different perspective and to investigate the reasons why our education system at this stage seems to be a complete failure.

What must also be emphasized is the importance of the family in the basic education of a child, realizing that in essence: education begins at home. The tools and the mechanisms with which to do this should be available in every home, and every parent should be educated and supported to understand how to facilitate this so that by the time the child reaches school, they follow an integral technological education curriculum that facilitates the correct functioning and learning of the mind, and the structure of the character within the relationships that produce a society that is best for everyone. This is how we can bring about the intellectual development of the human to be able to facilitate and contribute to society through finding more effective ways for the coexistence and harmony that is necessary between humans & humans, and humans & animals and humans & nature.

Another proposal is that if a method can be found to be effective in managing and ensuring that the teachers do produce the children that we can be proud of in our society, such as teachers being subject to performance evaluations and meeting the criteria for effectiveness, then one can revisit this point and possibly pay the teachers at least the minimum wage. However, based on our current evidence, the situation has not improved at all, it has only gone backwards and there is clearly no solution proposed for immediate implementation, and to simply try and ‘motivate the teacher with money’ while the very future of our society is dependent on their effectiveness means such incentive would be in fact counterproductive.

Teaching will be stepping stone to create a society that is genuinely driven to support others to become the best self-sufficient interdependent beings in society, rather than being merely competition driven individuals to make the most profit only – we will finally establish living values that will be the essential structure in which the functionality of our coexistence in self responsibility will be based upon.

Equal Life Foundation Research Team

Basic Income Guaranteed and Teaching, Education

Living Income Guaranteed and Property Ownership

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Living Income Guaranteed is particularly focused on those situations where a person is not in a position to have sufficient income to be able to participate as an equal within society through spending, purchasing, ensuring the basic needs required for a human to exist. There are conditions where a Living Income Guaranteed is not required meaning that those that have = do not qualify for a Living Income Guaranteed which is destined to ensure that there is enough income available to support those when in trouble, or when society is not yet able to produce sufficient jobs.

One of the foundations of capitalism is owning property, but also one of the foundations of capitalism is having a society that is able to consume because they have the means with which to do so, and this is why it is suggested that a balance must be struck.

The basic regulation would be that if you have more than one house you’re owning = you do not qualify for a Living Income Guaranteed because you are able – due to your property value – to sustain yourself or at the very least, you’ll have to sell one of the properties and then if you do not have employment, you’ll be able to qualify for a Living Income Guaranteed.

Another point is Investments. If you are able to sustain yourself through your investments – that means you have money somewhere in some form = you won’t need such investments any longer, because the Living Income Guaranteed will also act as a pension. Eventually, a mechanism will have to be established to see at which level investment would be sufficient so that you are no longer dependent on the Living Income Guaranteed and you are able to sustain yourself. Therefore savings or investments from the perspective of it creating sufficient wealth for you to sustain yourself will automatically place you in a position where you do not require a Living Income Guaranteed, because you are able to financially sustain yourself.

Capital growth is thus one of the points that will be promoted within a Living Income Guaranteed system because it will eventually create a situation where one will be able to be financially self-sustained, and the objective is to get each human to be financially self-sustained so that you are no longer dependent on your social systems – pension plans, insurance, loans, investments – as well as acquiring the skill to use capital in a way that you actually are able to sustain your existence. Then capitalism will become a functional system that benefits everyone with this necessary support when needed and a necessary responsibility when your Living Income Guaranteed is no longer required. This also places one within the self-development mindset that capitalism represents where you specifically acquire skills to eventually free yourself from the needed support, because you have been able to create for yourself a self-support system. Within your hierarchy of needs this would mean that you have achieved a level of self-fulfillment, thus a higher level of living within responsibility.

The psychological benefit one can find within capitalism will be worthwhile as it is structured practically within this reality, you do not have the stress that comes if you get to fail in your endeavor and you have nowhere to go, because there will be support. And as we have noticed within capitalism, one tends to fail the first few times because you haven’t got the skills yet and the experience, although that should be developed also within the education system so that failure is limited to the minimum, because failure means resources get wasted and when resources get wasted: it becomes more difficult to have a sustainable balanced system.

Equal Life Foundation Research Team

 Basic Income Guaranteed and Property Ownership