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nothing wrong with fiat currencies as long as its creation and management is in the public domain ie we owe the interest to ourselves ... not like now ,we owe the interests to private banks

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Thanks Ray. Fascinating post.

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Eppur si muove.

A time bank uses time credits as a medium of exchange rather than money. Within the system, every hour is valued the same, regardless of who contributes the time.

Cahn says he has now documented 1,000 time banks around the world, including about half that total here in the U.S. Many operate on a software platform created by TimeBanks USA, the nonprofit Cahn founded.

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https://tbmw.org/learn-more/time-dollars-a-new-currency-in-community-building/#:~:text=Time%20Dollars%20are%20a%20currency,%2C%20cooking%2C%20home%20improvement).

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To me, it remains unclear how one can accumulate such a "currency" for, say, babysitting.

In an ideal world, I'd welcome the idea, but I can't see how the logistics can be fair and transparent.

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Thanks for bringing this to our attention, Ray, had no idea about it!! Interesting to contemplate.

Something (remotely) similar that comes to mind is a discussion Dr. Mike Yeadon pointed out on his channel, where two British gentlemen present a currency that functioned for a year in the 1930s in a small town in Austria.

https://youtu.be/W_k17Gd2IwQ

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Jun 24, 2023Liked by Ray Horvath, "The Source" :)

Let's do this....'cause this is still happening .... Check this out...... As of four days ago...... More Video Proof The Libs/NDP/Bloc WANT VACCINE MANDATES As An Option Again In Canada https://librti.com/view-video/more-video-proof-the-libs-ndp-bloc-want

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https://ctb.ku.edu/en/table-of-contents/implement/enhancing-support/time-dollars-program/main

The concept of time banking comes from the idea that the nature of our financial institutions, marketplaces, and currencies actually determine the nature of the societies we live in. When markets are impersonal, and the value of a person’s labor is determined only on what stranger thinks it worth, it can promote a community that is impersonal, and where close bonds are not formed between neighbors.

https://www.investopedia.com/terms/t/time-based-currency.asp

The concept of time-based currencies has most recently been championed by the legal scholar Edgar S. Cahn, who also co-founded the Antioch School of Law in Washington, D.C. In his book No More Throw-Away People, Cahn outlined four core principles for time banking, later adding a fifth. They are:

We Are All Assets: Everyone has something to contribute

Redefining Work: Rewards all work, including unpaid and care work

Reciprocity: Helping each other build strong relationships and community trust

Social Networks: Belonging to a social network gives our lives more meaning

Respect: Respect and dignity are the basis for a healthy and loving community and lies at the heart of democracy

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Jun 25, 2023·edited Jun 25, 2023Author

Already 45 years ago, I had this idea that it would be possible to bring people with several needs and abilities together, who can serve each other.

I have a couple of questions about the Time Dollar program:

1. Where does the money come from and how does it stay constant?

2. Transparency is not mentioned; the scheme looks like the usual non-profit in which most of the money is taken out by its "workers."

It is also a problem that even if the program is fair and it works, it can function only as long as real dollars remain in circulation. CBDCs won't cut it.

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No money, time. You are paid by barter of time. I think it began in Ithaca, New York over 50 years ago.

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The money for the whole thing to function must come from somewhere and must be replenished continuously. Other than that, it's presumptuous to call it a "dollar" program.

Is it a "pay-it-forward" type o operation? My original idea was to bring people together whose can serve each other's needs reciprocally; no middleman required. Of course, nothing came out of that.

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https://tbmw.org/learn-more/time-dollars-a-new-currency-in-community-building/

Fake FRN 's and play acting do not create community.

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Jun 24, 2023·edited Jun 24, 2023Author

http://www.timedollar.org/ returns a 404 message; it cannot be found.

It's supposed to have a P. O. Box in DC, but anything coming from DC looks fishy to me...

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I like goldbacks, collect a few when they have new ones for another state. But....there are premiums attached because you have to pay the people who make them and keep the place running. So you pay (example) 4.00$ for a goldback worth 3.50$. While fiat is still around I don't see a way past that, so they'll likely always be niche. Meanwhile, I have pathetically small amounts of cash, precious metals, and bitcoin, trying to cover most of the bases.

I don't know the answer to this one.

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The lack of fiat will halt Goldback-acquisition. Goldbacks won't make a difference, unless they enter into full circulation, meaning laborers will be pain in Goldbacks.

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I appreciate this intel for too many reasons to list. I'm afflicted with the philosopher's mind syndrome, or a 'social-anthropologists skepticism.' The vehicle for barter/trade can be anything from sea shells to precious metals to promissory notes. This is not where the Beast is found however. The 'problem' with Babylonian Black Magick is found within the 'either/or'-'Winner/Loser' predatory paradigm: The devil's tool is "Usury." Who controls the money and who owns the monetary program designs the metrics for its maintenance. It's obvious to those who've pondered the Fed Res Bd and the BIS (Central Banking Matrix) that as long as we use their funny money--we are under the spell of a ruling Cabal. The currency format has to change--that's a given. But then so must the entire Banking Scheme as well. Economies of Scale in tandem with non-profit endowment banks are considerations for a Free people. All of this may also require activating the US constitution(for Real) and restoring the constitutional republic to an authentic operational state. As of now--we are stuck in the A.I. regultated Matrix, with all of its metrics in maintaining elite "CLUB" member status. Pax!

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We the People are facing HORRIFYING TECHNOCRATIC PSYCHOPATHY TO DESTROY HUMANITY AND ALL NATURAL LIFE!

Kudos to Ray Horvath for his efforts and success in the struggle. We the People must always be aware of the existential threats lurking behind this fight!

All manner of lies and propaganda spew forth from the upper echelons in governments worldwide who are completely intertwined with the global criminal ruling class that wants to commit the worst atrocities imaginable and suffer no consequences. And their corruption slithers down the chain of command creating petty tyrants everywhere.

Supporting this excellent post with a statement and useful links. RejectDigitalEnslavement.com

It was NEVER about health! The Powers That Should Not Be were ALWAYS about they want you DEAD or a SLAVE! This is a painful truth to accept but we the people must wake up and fight back!

We must never lose sight of the larger picture of the vile malignance we are fighting against.

CLIMATE CHANGE IS AN EVEN WORSE FRAUD THAN THE PLANSCAMDEMIC! SO-CALLED GREEN TECH IS A GIGANTIC SCAM! MINING AND MANUFACTURING 'GREEN' PRODUCTS NEEDS COAL, GAS AND OIL AND MINING RARE MINERALS IS MORE ENVIRONMENTALLY TOXIC AND DESTRUCTIVE THAN LEGACY PRODUCTS. SCREW YOUR DAMNED AGENDA!

There is an insidious global ruling class plot to enslave all life on earth behind all the madness and suffering inflicted on We the People.

How to fight back against this TOTAL SLAVERY!

RESIST! DO NOT COMPLY! DITCH THE DAMNED 'SMART' PHONES AND THE DAMNED QR CODES AND GO BACK TO LANDLINES OR FLIP PHONES AND USE CASH AS MUCH AS POSSIBLE! INSIST ON CASH! CBDC IS TOTAL SLAVERY!

Other than getting rid of nuclear weapons which I support 100% the rest of the anti-nuclear peace movement and CLIMATE CRISIS propaganda is parroting UN utter GARBAGE, a complete surrender to the ENSLAVEMENT AGENDA by the diabolical despots of Davos - ruling class criminals who lust for total power and control and all of whom should be tried and jailed for life and their malign organizations dismantled: the UN, the WEF, the IMF, the WHO, the BIS, NATO, Blackrock, Vanguard, The Rockefellers, the Rothschilds, The Bilderbergers, the CFR et al.

There is an evil predator globalist technocratic elite agenda of eugenics/depopulation/genocide using bioweapon poison jabs, war, geoengineering, EMF radiation, starvation and economic collapse - THE GREAT RESET/AGENDA 2030/4TH INDUSTRIAL REVOLUTION to get rid of billions of 'useless eaters' and to use nano tech to turn the survivors into ROBOTIZED COMPLIANT SLAVES! WAKE UP AND RESIST! DO NOT COMPLY! These are psychopath megalomaniacs who want to play god by turning all life into digitized metaverse mechanistic synthetic biology to be manipulated by their AI algorithms. A more demonic sickening idea is nearly impossible to imagine!

APPALLED AND HORRIFIED AT INSANE TYRANNICAL PROTOCOLS THAT HAVE NOTHING TO DO WITH HEALTH AND EVERYTHING TO DO WITH TOTALITARIAN CONTROL! REVERSE THIS NOW!

MAKE THE WORLD AND AMERICA 2019 (comparatively speaking), AND FREE AGAIN!

NO, I AM NOT AFRAID OF THE MORONIC SCARIANT SHMARIANT MONKEYSHINES! WAKE UP ALREADY!

TOTALLY CONDEMN BIDEN AND ALL OTHER POLS WHO HAVE NO POWER TO LAWLESSLY ACT LIKE AN EMPEROR OR DICTATOR AND DECREE JAB CROW 'SHOW ME YOUR PAPERS' FASCIST SEGREGATION/DISCRIMINATION/APARTHEID VIOLATIONS OF THE CONSTITUTION, THE NUREMBERG CODES AND EVERY CIVIL RIGHT IMAGINABLE.

NO GREEN NEW DEALS OR BUILD BACK BETTER FROM THE CRIMINAL TECHNOCRAT TYRANTS KLAUS SCHWAB AND HIS CRONIES FROM THE WORLD ECONOMIC FORUM.

STOP THE TERRIBLE TYRANNY OF THE TECHNOCRATS GLOBAL AGENDA OF TOTAL SURVEILLANCE AND CONTROL USING THE VIRUS AS EXCUSE AND PROPAGANDA TOOL!

NO MUZZLING STIFLING MASK MANDATES! NO FORCED VACCINES! END TORTUROUS DEVASTATING LOCK DOWNS NOW! I WANT MY LIFE BACK.

https://virustruth.net

https://wrenchinthegears.com

https://www.stopworldcontrol.com/

https://www.thelastamericanvagabond.com

https://pandemicfacts.info

https://wearehumanwearefree.org/7-days-campaign/

https://sonsoflibertymedia.com/covid-19-roadmap-12-step-plan-to-create-a-totalitarian-new-world-order-were-on-number-8-headed-towards-number-9/

https://questioningcovid.com

https://www.corbettreport.com/interview-1581-james-corbett-breaks-down-the-great-reset/

http://www.stopcp.com/GlobalResetPSYOP/GlobalResetPSYOPMindMap.html

https://everydayconcerned.net/2020/09/04/breaking-major-investigative-report-by-association-of-french-reserve-army-officers-finds-covid-19-pandemic-to-have-a-hidden-agenda-for-global-totalitarianism-nanotech-chipping-of-all-5g-irradia/

Pam Popper: https://makeamericansfreeagain.com

Del Bigtree: https://www.brighteon.com/channels/highwire

https://www.technocracy.news

Naomi Wolf: https://dailyclout.io

www.nojabforme.info

https://www.globalresearch.ca/we-must-awaken-from-corona-coma-reject-great-reset-robotic-technocracy-assert-common-humanity/5745213

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Amy Harlib-Yes..of course most of us Substack regulars are on the same page. Herein lies a problem: 'the best slave is one who believes that they are free.' ATM's spitting out cash, or the ease of using the debit/credit cards are evidence that we are Grid-Locked. Getting off the grid was never an easy or quick solution--but nonetheless, necessary at this watershed moment in history. Intentional communities and escaping the SMART City matrix may be the best alternatives for the time being. The US may end up looking like Hunger Games for a time...

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People are not using cash. We have a retail operation and did pretty well today (it's not frequent enough unfortunately) but not one sale was in cash. All card or phone.

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Right! And another result of the CV-19 Fear(as I actually heard a cashier say)is that money is dirty and full of germs. Well...of course money ain't clean. All sorts of nefarious transactions in dark alleyways use the same dollars that we good samaritans use at the grocery store. I don't know how plausible this is for all store owners--but gas stations do it--why not try giving some small discount for using cash, a % that won't hurt the profit margins. I only pay for gas with cash--and have done so since most stations have been offering 5 cents off per gallon. 'Cash on Fridays 'should've caught like wildfire by now...alas. American consumers are addicted to convenience.

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Am thinking of doing something along these lines. The downside of cash if you're not in the store is that cashiers do tend to like to "redistribute" it.

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I hear you. And I'm aware that in reports around cities in the US--thievery and shoplifting has reached new levels. What are we going to do about this? The economic spiral down into a bottomless pit has been underway for decades. We need to create an entirely new eco-financial program that authentically serves collective well-being. The '13 families controlling all of the nation's banks programs' has reached critical failure. The WEF's 'Great Reset' is just another con job and nothing less than an elite scam.

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Before covid 33% or so of sales were cash. Now about 15%.

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Smallest gold coin you ever saw....https://coinsweekly.com/how-the-worlds-smallest-coin-was-minted/

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On eBay, I've seen people paying the price of 1oz of silver for a one-grain piece, despite that the item description was clear. :)

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It is still not readily spendable like the old gold or silver coins. 2018. How Paper Currency Has Changed in Our Lifetimeshttps://coinweek.com/paper-currency-changed-lifetimes/

Women on coins went over like a lead balloon. As for digital money, many people distrust it and don't want to learn it or use it. I'm one of them. I refuse to use Self Checkouts, the lines are long, and they error. I get no reduction on the cost of food that is factored into a Cashier's or Baggers's wages. I don't benefit from being the shopper, cashier, or bagger. and need on occasion someone to carry a purchase to the car for me. As to their USELESS UNARMED SECURITY GUARD, who would if requested walk me out, he does not have to load that heavy item, he does not have to confront the carjacker either. Besides I can still SHOOT BETTER.

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Jun 24, 2023Liked by Ray Horvath, "The Source" :)

My research showed they were way over priced for the actual gold content. I'd rather use silver coins for every day transactions.

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Jun 24, 2023·edited Jun 24, 2023Author

Well, you are pointing out something important, but that alone shouldn't invalidate the Goldback, because people can reset the value to something realistic, once there is enough of the stuff is in circulation.

Another suspicious part is that you can "lease" your notes to them and they can use them for trading in precious metals, while those prices are not exactly etched into stone.

Anyway, as long as people are not paid in something like this, the notes are closer a baseball-card collection...

Being paid for their work in silver coins is something most people would love! :) Is that going to happen?

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