Question: I recently read the book, “The End of Scarcity”, which discusses alternatives to our current money system. Is the producer credit system described in the book, in which money is tied to the production of actual goods and services, in line with a money system envisioned by the masters for the golden age? If not, what are the potential limitations of this approach?
Answer from the Ascended Master Saint Germain through Kim Michaels. This answer was given during the 2022 Webinar for America – The Resurrection of Democracy.
There are various ways to determine the amount of money that is necessary without creating inflation. As I have said before, it simply needs to be tied to something that has real value, either a product or service. Whether you do it the way described in this book or in some of the other ways that are available out there, they are all valid, because it is valid to consider alternatives to the current money system. It is not that there is only one way that this can be done. It is not that I am sitting here saying: “I have one model and this is the one that will be manifest, or that must be manifest.” Different societies can do it in different ways. But the important thing is that there are people who are thinking in terms of alternative money systems and alternative ways of creating it, determining the amount of money that is needed without creating inflation.
You will, as I have said before, encounter great opposition to this from the power elite, the financial elite, because the reason why they have created the current money system is that they can manipulate it in so many ways. And they will want to continue to do this, so in order to implement an alternative system, you need to take this into account, you need to realize that there are those who want a money system that can be manipulated, and they will oppose one that cannot. And if you are not aware of this, your system most likely will not be accepted by society at large. Therefore, you need to recognize that it is not just a matter of coming up with a good idea for a new money system, it is also a matter of raising the collective consciousness so that people can actually accept it and that enough people can accept it, that it counteracts the elite and their attempts to destroy it.
Copyright © 2022 Kim Michaels