What would a new economic system look like??

A headline yesterday that says it all…..Global inequality is growing, with half the world’s wealth in the hands of just 1% of the world’s population, according to a new report (Guardian)

Once we have the BIG crash happening, and we have yet again lost our faith in a fiat currency,....what then?

In fact, do we even still need to use money?

To take a leaf from the TV show Star Trek – The Next Generation….. in their future world they no longer use or need money, as no medium of exchange is required.

Rather, everyone does what they love to do – whatever their passion is. If you want to grow food for people – fine! If you want to study – fine.

And if we are doing what moves us, then no-one gets bored!

Perhaps I could propose something here. There is one thing that we all have, we simply don’t know how much!

Time.

In other words, an hour of my life is equally as precious as an hour of yours. Whether, you are a brain surgeon, labourer or computer specialist – an hour of each of our lives carries the same value.

No inflation, no asset bubbles, no hoarding, no fuss.

No investors, shareholders or financial consultants.

And more importantly – no bankers.

A level playing field.

Finally.

Any thoughts on how we can make that work – and work well??