The coronavirus pandemic and the resulting global economic crisis are an apocalypse of the old world, built according to the laws of the US economic model.
The laws of this model are as follows: the currencies of countries are tied to the world reserve currency - the US dollar - and to the price of oil; the size of the money supply of the state depends on the value of gold and foreign exchange reserves; state economies depend on oil prices and stock market indices; stock market indices depend on stock prices of companies and on the desire of brokers to sell or buy shares.
Interestingly, the US dollar is an unsecured currency, or fiat money. The dollar is held solely on the authority of America. Money from almost all countries is also fiat. And it turns out a paradox: the world reserve currency is free from being tied to anything, and the money of other countries should be tied to the dollar.
Who benefits from these laws? Of course, to financiers and speculators of all stripes. They row money with a shovel and live happily ever after.
And hundreds of millions of people around the world live in poverty and even starving. And their states do not want to help them with anything, because they cannot, because they do not have enough money - thanks to the laws of the old world.
Lack of money generates crime, terrorism and war. The economies of countries cannot develop, as there is no supposedly extra money, and the Central Banks cannot turn on printing presses in order not to release extra money. Economists and financiers threaten with fingers and menacingly warn: “Stop emission! Otherwise, there will be wild inflation, and the economy will collapse!”
In most countries of the world, employers squeeze all juices out of workers, and pay a little. Because they have to pay considerable taxes and make contributions to social funds for employees.
Country budgets are made up of taxes. Those who have few taxes have a meager budget and can hardly fulfill their social obligations to the people or not at all.
And banks and Western funds give loans to poor countries, setting their conditions, and suck profits from them. And the West likes to be the master of the world.
Now the old world is dying. But few people realized this fact. Adherents of the old world are waiting for the end of the pandemic to reanimate almost a corpse and enjoy power again. But this is hardly possible.
Because the game by the old rules is no longer needed. Hundreds of thousands of players can no longer operate on oil futures and opinions and earn on exchange rates on stock exchanges and Forex-like markets - money from the air is no longer quoted, and oil will always have a price below $ 30 per barrel. The low price of oil is an incentive for the development of production in all countries, especially in those who buy oil.
Hundreds of thousands of players on the stock exchanges can no longer establish or destroy the economies of the countries, because there are too many people on Earth and they need stable jobs.
World banks and monetary funds can no longer dictate terms to other countries for granting loans, because the continuation of this practice will lead to a social explosion in countries, and new hot spots will appear on Earth.
The time has come for a new world where all people will be financially prosperous. And for this you need to shake off the rules of the old world and approve new rules!
The first and most important rule of the new world is: the world reserve currency cannot be the currency of any state and does not depend on the price of anything (gold, oil, and so on)!
It should be the currency of the entire planet Earth and issued by a bank that does not belong to any state. For example, the Planet Bank, located on an independent territory called Planet Earth (for example, Australia or Sweden can allocate this territory the size of five by five kilometers).
The second rule: the exchange rate of all national currencies against the world reserve currency should always be constant!
For example, the Chinese yuan to sun (the conventional name for the world reserve currency from English is “sun”) is 10: 1 (10 yuan for 1 sun), and the US dollar rate is 5: 1 (5 dollars for 1 sun). The exchange rate of the yuan against the dollar can be anything if countries trade in their national currencies, but the exchange rate of these currencies is always the same.
The third rule: the foreign exchange reserves of states must be in the world reserve currency and stored on the territory of Planet Earth!
It is unacceptable to store gold and foreign currency reserves in banks of other countries for security purposes.
The fourth rule: any state can issue money in any amounts for domestic needs, primarily for universal and free medical and educational services and benefits for citizens!
Since all the countries ’currencies have been fiat since the 1970s, collateral does not matter. All citizens of the world should receive free medical care, free education, state benefits and funds to start a business.
Fifth rule: each state should give benefits to its citizens, regardless of whether a citizen is employed or not!
For example, the United States can give every American an allowance of $ 3,000 per month, regardless of salary or age. This will be a great help for improving the demographic situation, for retirees, and especially for citizens who have temporarily lost their jobs. Government benefits will increase the purchasing power of the population, which will entail an increase in trade.
The sixth rule: the economic development of countries does not depend on the situation in the share markets!
Games brokers should not affect the situation in the country: shares prices of companies can fluctuate in any range, but neither the exchange rate of the national currency, nor jobs in companies should change. Only shareholders should feel the change in the value of shares!
The seventh rule: no state in the world should take loans from other states!
If a country needs a currency to purchase something from other countries, then the government buys the world reserve currency from the Planet Bank and buys the necessary goods for it. And not a single state in the world has the right to refuse to accept the world's reserve currency!
The eighth rule: all decisions on the settlement of international relations are discussed and adopted in the Planet Council!
The United Nations has a significant drawback: its members represent the countries of the world and fight for the interests of their countries.
The Council of the Planet should consist of citizens of Planet Earth who are not interested in national interests. And the leadership of the UN International Forces should go to the Planet Council.
The decisions of the Planet Council are made implicitly.
Here are the basic eight rules of the new world. The faster governments of states approve these rules, the faster the launch or restart of the economies of countries will occur. And the faster on the planet poverty, hunger and war will disappear.
There will be no world hegemons on Earth dictating their own rules and punishing them for violation with sanctions or military operations.