Abundance leads to Laziness

posted Feb 28, 2012, 2:09 PM by Rishi Gangoly

Don't you think if everything is in abundance people will eventually get lazy and start avoiding working and thinking?

Answer


If everything was in abundance, people would go from merely 'surviving' to actually 'living'. When we don't have to worry about where our next meal comes from, we start thinking beyond material things. We start exploring science and art and culture and space, and all the boundless frontiers out there that are still undiscovered. 

If this is hard to believe, visit YouTube and check out the millions of independent videos about new technology, new studies, new theories, new engineering, new philosophies etc. that people have created and uploaded for absolutely no monetary profit. They have done this to spread the joy of learning. For the love of sharing ideas. And most important -- because man is designed to "create beauty", not "earn waste paper"

Gold to Fiat

posted Feb 28, 2012, 2:05 PM by Rishi Gangoly   [ updated Feb 28, 2012, 2:05 PM ]

I would like to ask, If we have switched from an earlier version of creating money based on gold reserve to a fractional/proportional reserve system, then what is the role of USA in this change?

Answers


The role essentially is of a handful of private bankers who created the Federal Reserve Act, pushed it through Congress and got it passed, thereby replacing the gold standard by fiat money. (This is not too different from how they managed to get the Homeland Security Act passed too.) 

As for US role in India, we cannot comment on the exact connections, but considering you can bring all of the world's wealth down to a handful of elite owners, it is possible that this was another control game played by the elite to control the world's wealth and therefore its people. 

Perhaps if you look into the history of the wars of the past century, the subsequent enactment of post-war policies, the interests that could/would have benefited from such policies, as well as the exit strategies of the British from India, a pattern might emerge that would explain the foreign role in the way our money system works today.

Rapists & Prostitution

posted Feb 28, 2012, 1:59 PM by Rishi Gangoly   [ updated Feb 28, 2012, 1:59 PM ]

  • What about rapists in a RBE? How would one handle them?
  • Would their be Prostitutes in a Resource Based Economy?

Answer


A prostitute is a person who provides sexual services in return for money. With money out of the equation, the term prostitute would be obsolete. If people wish to engage in sexual acts by will, it would be their choice. 

As for rapists, once society's value system undergoes complete transformation, the concept of 'lust' would slowly fizzle out. If there are still occurrences of rape, then the rapists will be treated by doctors and psychiatrists who would research and treat their root cause for committing such an aberrant act. They will not be locked away behind bars in an atmosphere that only fuels negativity instead of reversing/curing it.

RBI & Money Mechanics?

posted Feb 28, 2012, 1:46 PM by Rishi Gangoly   [ updated Feb 28, 2012, 1:47 PM ]

What the Zeitgeist Addendum Movie showed was with respect to the United States of America...like the FRACTIONAL RESERVE BANKING procedure of money expansion employed by the COMMERCIAL BANKS...a recurrent question that I face while sharing this information with people is that-- Is the same procedure employed in the commercial banks of INDIA as well...for if the same happens,THEIR rationale is that only then can they find reason enough to be concerned & either join the movement or spread the awareness... otherwise INDIA is out of the context.

Also, the document entitled MODERN MONEY MECHANICS issued by the Federal Reserve Bank of USA (PDF file of which is available in the internet) is a workbook on BANK RESERVES and DEPOSIT EXPANSION...in other words it deals with how money is created, deposited and circulated...how BASICALLY the system works. It is NOT a document on the FUNCTIONS & WORKING of the Federal Reserve. The Reserve Bank of India publishes a document on the FUNCTIONS & WORKING of the institution (again PDF file of which is there in the website ) but I did not find any document like MONEY MECHANICS in its website. RBI doesn't publish any of such kind.

So how to go about it?

Answer


The workings of RBI are not very different from the workings of the US Federal Reserve. Although we don't have detailed information on all the functions of RBI, essentially every "Central Bank" works in a similar way. In that sense, RBI is also a Central Bank. Money is debt in India too. RBI may not have an equivalent to Modern Money Mechanics, but the RBI document available on the website (as pdf) does clearly state that all money is "legal tender" to be used anywhere in India. Which means if you go to your bank tomorrow with Rs. 5000 in hard cash and tell them you want to exchange it for gold, they will not do it. 

Because most of our money is 'fiat', i.e. backed by nothing of value. As a Minimum Reserve System, RBI is required to have some fraction of its reserves in gold form, but the other portions of its reserves are required to be 'foreign securities', which we know are largely fiat. 

So how does US economy affect us? Sure, there are differences in some of the policies of our government versus the American government, which is why our economy is not in total shambles yet. But pretty much all world economies are connected. As of 1946 India became a member of IMF (International Monetary Fund), which means it is already plugged into the system of global debt control. Today we will need more than 55% of our GDP to pay off our national debt. At the moment, the Indian debt is much lower than the US debt. But the way things are going, India will not be far behind from the severe deficit that US, UK and most of Europe is already facing. 

Before long, most of this map will be red


Clearly, India is not and cannot be out of context, unless it gets off the world map entirely! 

What if everyone wants everything?

posted Feb 28, 2012, 1:34 PM by Rishi Gangoly   [ updated Feb 28, 2012, 1:35 PM ]

  • What happens to our ozone layer once EVERYONE wants an A/C in ALL their rooms?
  • What happens if everyone wants a flat which is sea facing?
  • Basically what happens if everyone wants everything?

Answer

If everyone wants everything, then we're screwed. :)

What happens when machines like these become more about being eco-friendly than being profitable? You probably get an AC built solely for efficiency and durability, designed WITHOUT the component/chemical/element that harms the Ozone layer. 

As for a sea facing house, people who want one would simply have to move to a city that's built near the sea, and they will have a sea facing house. Besides, people don't only want the sea, they mostly want a nice view, hopefully away from urban chaos. All of this will be easily achieved in Resource Based Economy.

Also if you think about this, it boils down to a need VS a want. We've all been indoctrinated to WANT things, while what we really need in life is the basics like food, shelter, access to clean air and water.

All WANTS in lives are created and pumped up to artificial levels through advertising. So whether it is wanting a sea facing flat or a diamond studded Mercedes is not a real need in life. It's a WANT that is created so that someone can sell you something so that he or she can buy what he or she thinks they want… which makes one thing clear, we as a species need to wake up.

Being unable to realize the difference between a need and a want is an indication that we're still victims of deep unconsciousness. It's an indication that we need to wake up.

Is the information in the Zeitgeist films true?

posted Feb 28, 2012, 1:27 PM by Rishi Gangoly   [ updated Feb 28, 2012, 1:27 PM ]

How do I verify if the information that was shown in the Zeitgeist films are confirmed or true?

Answer

You can do an independent research of all the sources provided on the Zeitgeist Movies website. After this, you can start analyzing the state of the world today -- the collapse in the Middle east, the international intervention backed by UN & NATO, the Japan disaster, the nuclear radiation threat, the string of earthquakes around the Pacific & Atlantic, the national and global debt figures, the military budgets of India & other countries, the rise of inflation, the latest incidents of corruption and scandal in India, etc. 

Then, you can look at studying more general phenomena relevant to India, such as communal riots, Kashmir, 26/11, farmer suicides, GMOs, etc. And finally you can look at things in your own world, such as the amount of automotive pollution on your streets, and the life-cycle of the computer you're reading this on. 

After all this, if you feel you still need verification, we can't really help you.

RBI Related Questions

posted Feb 28, 2012, 1:25 PM by Rishi Gangoly   [ updated Feb 28, 2012, 1:25 PM ]

  • What is the purpose of RBI? 
  • Does India have a Gold Standard? 
  • Or does the RBI print money in the same manner as the Federal Reserve in the US? 
  • Is India also in debt because of this? 
  • Why does India money from the World Bank? 
  • Can't we print money ourselves? 
  • How does one get more information about all of this? 
  • I could not find the answer to these questions on the RBI Website. 
  • How does one contact RTI? 
  • Will that be of use?

Answer


Most of these queries are answered in Q. 12 & 13. 

Rest are answered as follows: 
  • India borrows from the World Bank because it cannot buy all the resources it needs. 
  • A lot of debt in India is primarily because of money being (mostly) fiat, as well as foreign borrowing. 
  • The RBI has hired a couple of agencies in the past to print money. (From Wiki: Currency notes are printed at the Currency Note Press, Nashik, Bank Note Press, Dewas, Bharatiya Note Mudra Nigam (P) Limited presses at Salboni and Mysore and at the Watermark Paper Manufacturing Mill, Hoshangabad.) Only they can print money legally, under the complete authority of RBI. Yes, we can print money too, but this will be counterfeit money and we will go to jail for it. 
  • RBI contacts are mentioned on the RBI website.


When building the new cities, what happens to the existing cities?

posted Feb 28, 2012, 1:22 PM by Rishi Gangoly   [ updated Feb 28, 2012, 1:22 PM ]

When building the new cities, what happens to the existing cities?

Answer


The existing cities have to be taken down and new cities have to be built from scratch. This would be an ideal view of things. However during the transition phase, people might consider working with existing infrastructure to begin with. 

Please check the FAQs on The Venus Project website for more information about this.

How to convince people about a Resource Based Economy?

posted Feb 28, 2012, 1:19 PM by Rishi Gangoly   [ updated Feb 28, 2012, 1:20 PM ]

A person called me today and he was thoroughly frustrated when trying to convince his friends about TZM and RBE. How does one handle such friends who are just arguing?

Answer


One doesn't. Because we're not here to convince anyone or force an understanding upon them. We are here to pass on the information, and it is up to people how they receive, process and use it. If you'd still like to "convince" your friends, you just have to be patient and not let frustration get the better of you. 

Explain everything you know, and let it come from the heart. That's where the best answers usually spring from. You could also cite all the crisis situations the world is facing now, and it won't be so hard to believe the Zeitgeist message anymore.

Problem with BOINC

posted Feb 28, 2012, 1:18 PM by Rishi Gangoly   [ updated Feb 28, 2012, 1:18 PM ]

When I start the BOINC project it says "no work availble to process" all the time.

Answer


You might need to check your preferences/settings and make sure you are not preventing it from accessing your system. Otherwise try looking at the FAQs, or contact an official on their site.

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