Peaceful Economics

Uplifting Humanity to Live in Harmony with Each Other and the Environment

Volunteering America reports that in 2007 (most recent year statistics are available) Americans volunteered 8.1 billion man-hours, equal to $158 billion in economic activity. One of the largest volunteer activities (25% of total volunteer time) was collecting and distributing food.

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We generally don’t identify economic and financial processes as causes of conflict. However, the quickest way to foment conflict is to create an environment where people must compete for a limited resource to sustain life. Too often, that limited resource is money — precipitating fierce competition that erupts into uncivilized conduct.

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Amidst attention to financial industry woes, the most significant aspect of the crisis has remained unattended – saving the physical economy. The bailout restored bank and investor losses and created needed liquidity. The physical economy, on the other hand, continues to collapse due to an insufficient circulating means of exchange and servicing crushing debt loads.

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There is a Chinese proverb that states defining things accurately is the beginning of wisdom. The definitions and explanations the financial industry uses to put forward its concepts and activities are flagrant in violating this principle of accuracy. Thus understanding of what is taking place, as well as attempts at correcting imbalances, are generally far off target. However, this confusion holds great promise.  The public is hungry to understand. As clearer understandings emerge, the potential to find and effect solutions, at even the lowest grass-roots level, is materially enhanced.

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What is Money?

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An impoverished family on a New Mexico highway in 1936. Millions of people today are also experiencing an economy insufficienly sustained by financial processes. (photo - Dorothea Lang)

Money’s creation and distribution is not in the hands of the government as most people believe. Money has, over time, become the exclusive domain of private banking and financial industries. Applying centuries of persistence and legislation, the banking industry’s money products, their distribution and reclamation into maturing principal on bank loans have been successfully married to the economy and law. continue reading…

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Welcome to the Peaceful Economics website.  We are glad that you are here.

Whether we like it or not, just about every decision we make on a daily basis is impacted by money and the world’s economic process. Money and economics controls nearly every decision we make. continue reading…

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About the Authors

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Bios of Ben and Mike

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