The Peoples’ Hemp Bank: the Future of Economics?

The world’s financial system is going to disintegrate. Who can say when? Yet we all know it is just a matter of time. A FIAT currency system based on the U.S. dollar with the U.S. government spending itself into oblivion with a global imperial military agenda and expenditure, has to crumble. It is undeniably inevitable. Australia’s financial system is currently joined at the hip with the U.S., and our banks have similarly gone off the gold standard, and been deceived into enormous risk on the speculative paper-based banking system — through which London and Wall St. have subtly been raping the world.

We will have to ease back to a more secure gold and/or silver-based system. Yet even with the gold standard there is a downside. Gold in principle is very sound. It doesn’t degrade or rust. It is rare and will hold value. Yet, despite a few industrial purposes, it is of little practical value. You can’t eat it, keep warm with it, or build with it to add practical value to human life.

Industrial and medicinal hemp is the best of both worlds in that it is stable and durable yet also enormously useful and beneficial. With national industry based on industrial hemp, farmers could have an eternally stable income, and industry would have a constant supply of the earth’s best raw materials.

With complete legalization of medicinal hemp, hemp bud oil could be produced at such a low cost as to be able to save the country (Australia) approximately seventy billion dollars annually, and in conjunction with industrial hemp, produce many hundreds of billions in local industries and exports. We could create an enormous industry and draw millions of the most creative generous people from around the world to our shores, with obvious long-term benefits.

Sustainable and Equitable Distribution

I am highly critical of the divide-and-conquer breach of trust, where the government gives power to the corporations/banks rather than exercising the power to set up structures that create a symbiosis and mutually beneficial relationship between the government, the corporations/banks, we-the-people, and all the individuals within the society.
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