"The US dollar, like all national currencies these days, is a debt-based currency created, not by the government's printing press, but through the extension of credit from the central bank, via the fractional-reserve banking system, to borrowers in the government, business, and household sectors. As each new dollar is created, a new dollar of debt is also created, and as the supply of dollars accumulates over time, so too does the balance of debt." quote from
"Debt Trapped: Exploring Monetary Futures"
This article presents a historical context affording an overview in the ascendancy of viewpoints constituting the world's dominant socioeconomic ideology today. An AQAL framework is subsequently introduced as an aid to envisioning Integral approaches capable of better supporting values(s) of human relatedness.
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