Alternatives / Alternativen

Max Keiser calls it “financial feudalism

“a few players are taking the world private, by printing their own money”

Max does not tweet a lot, but constantly says he can be reached on twitter, so give it a try.


since at least 2017

“the Swiss National Bank. As I said above, don’t forget there are still central banks deeply entrenched in QE and, beyond local government bonds, are buying foreign assets (in large amounts). Switzerland’s central bank has more freshly printed money to put to work every quarter, and has been increasing their allocation to equities dramatically–$80 billion of which is now (as of the end of the first quarter) in U.S. stocks! That’s a 29% bigger stake than they had at the end of 2016. The SNB is the world’s eighth biggest public investor.” (

Technology & Culture:

Sorry to shatter some expectations, BitCoin will not make mankind “better” just as the iPhone not “automatically” made mankind “better”.

Technology can always be used for good or evil – the question is – will mankind be able to come up with a method of coming to intelligent informed decision as “a crowd of 10 billion”. (democracy tried to be such a method but now fails massively btw nowadays democracy has almost nothing to do with ancient Greek style democracy where only:

  • “citizens” (men with swords) were allowed to vote
  • it was voted on very direct concrete things like “should we go to war with Troja or not?” (black stone in the basket = no, white stone in the basket = yes, not almost obscure complex laws that nobody not even the politicians that vote on it understand)
  • Socrates said: only those that think deeply and rationally about things should be let near a vote

The BlockChain can be used for evil: NSA will create a “permanent” = unalterable record of every “fart” anyone ever did (total 1984 mass surveillance dictatorship) – “building perfect records of people’s lifes”

everything depends on a balance

The BlockChain can be used for good: help mankind survive by adding biodiversity to financial monetary systems by providing an alternative to debt created FIAT.

The amount of Bitcoins are limited by math – but what does math stop from diving bitcoins into smaller and smaller bits? (Just the amount of 0.00000000001 post-dot-digits one’s computer can process (it is actually not so easy for some programming languages X-D to process very large or very small numbers))

Same as an iPhone / Android phone SHOULD have a flashlight that might help people not fall in holes at night, when the “main flashlight” (the MAIN FIAT CURRENCY) fails.

So YES bitcoin can help mankind survive – which we hope all agree on – is a good thing.

but things need to be taken further: as technology improve – culture should improve too

the character of mankind re-cultivating from greed lying cheating egoism to altruism less aggressive more cooperative more sustainable more sharing more fair way of survival IS HARD BUT POSSIBLE 🙂

the "traditional" US business model
the “traditional” US business model – highly fragile and unsustainable – let’s change!


what does a bank produce? – loans -if a bank does not produce loans – it is essentially defect and may as well be closed

is unconditional basic income aka “free money” for the masses good or bad?

what would be much more important than monetary gifts (see unemployed people in eastern Germany even when given “free money” are unsatisfied because they have no work/no meaning/purpose in life.

What would be important to put in requirements and regulations that say banks must lend 90% of their newly digitally self-generated money and FED/ECB cash 0% (which is essential also “free money” (interest rate = the costs of money/currently: no costs))  to entrepreneurs and self-employed people and people with ideas that want to become entrepreneurs

currently it works like this:

a private bank borrows 1bn Cash from FED or ECB
for 0% or almost 0% and instead of phoning up and investing in ads “have an idea? here is your loan” providing the economy and innovative people with cheap money to turn ideas into reality and create jobs – it is – at least in the EU area largely put back into an ECB accounts even when that means paying “parking fees”.

“but have to pay ample penalty interest due to high liquidity surpluses”

Wirtschaftsminister kritisiert Banken für zögerliche Kreditvergabe

“they (the banks) said,” We don’t give you credit, because we don’t know how long you can’t produce, how long the corona crisis will last.“

money that is not put to work / does not create jobs is a defective monetary system and needs to be fixed or risk major unrest.

a unconditional basic income (UBI) makes sense at this point in time / in this situation that banks fail at bringing “money to the (real) economy” / banks do not want to bring money into working hands thus the state and the customer must do it.

It would be the best economic program ever.

everyone would get 1000USD or 1000€ a month for a limited time – let’s say one year – then check how the economy performed.

and repeat or stop – but at least try.

then, of course, there is the question of sustainability

of course, it would be great to link a UBI directly with requirements for more sustainability such as:

  • electricity providers must be changed if not 100% of energy comes from renewable sources

there are two reasons why UBI might be prevented:

  1. the banks are convinced, that printing money for themselves is “fine” while printing money for “jill and joe” would lead to Inflation (does not make sense to me)
  2. why is the tax system so complicated? because it creates senseless jobs / so it is simply a job creation measures / a lot of administrative jobs could go away if UBI replaces all the complicated social programs and maybe even pension

Bernard Lietar würde sagen: “you can be schwachsinnig, but it’s dangerous”

2019-12: Warum funktioniert unsere Wirtschaft nicht?

Dirk Ehnts gibt Antworten.

Modern Monetary Theorie – ein INTERVIEW mit Dirk Ehnts

  • Bundesregierung inkompetent (nur mit Juristen aber ohne Ökonomen besetzt?)
    • intelektuelles Versagen: “Politik hat nicht verstanden was da passiert”
  • Bachelor Studium estes Semester:
    • Q: Was macht ihr wenn die Ökonomie ein Nachfrageproblem hat und die Beschäftigung sinkt?
    • A: Staat muss die Ausgaben erhöhen oder Zentralbank muss Zinsen senken – oder beides.
    • (auch der offene Brief von Herr Ehnts an die “schwarze Null” aka Wolfgang Scheuble hat dabei nichts bewirkt)
    • “Politik hat in den Panikmodus geschaltet und nicht mehr auf den Sachverstand vertraut”
    • Es ist wie so oft, die Politik hört nicht auf die Wissenschaft – wie lange soll derartige Wahrheits-Ignoranz funktionieren? (hat keine Nachhaltigkeit das wird umso deutlicher, umso stärker der Wind bläst und bei der ersten Böe könnte der auf Schwachsinn gebaute Kahn schon kenntern)
  • ECB hat versucht den Euro zu retten

“Er hält seit 2016 jeden Sommer einen Kurs zur Modern Monetary Theory im Rahmen der Summer School der Universität Maastricht ab.

2019 organisierte er für die Pufendorf-Gesellschaft e. V. die 1. Europäische MMT-Konferenz.

Im Juli 2019 plädierte er für die Einführung eines europäischen Finanzministeriums (Euro Treasury) und eines Rechts auf Arbeit (Job Guarantee).

Ehnts hat zahlreiche Artikel in Fachzeitschriften veröffentlicht, dazu in Tageszeitungen wie taz, FAZ und NZZ und Blogs (u. a. Makroskop und Ökonomenstimme) und war als Sachverständiger beim Finanzausschuss des Bundestags zum Thema TARGET2 eingeladen.

Für Julia Herr (SJ/SPÖ) war Ehnts im Zuge der Europawahlen 2019 an der Ausarbeitung eines Green New Deal maßgeblich beteiligt.”