Comment by Lucas:
“This was on www.benjaminfulford.typepad.com link to original article and Kauilapele also mentioned it link to article.
It was posted on the website but I do not know if it is from Benjamin Fulford himself. It is a story about the rapidly spreading LETS systems in the world. Some systems already have been succesful besides the old financial system now breaking down. The LETS System ( Local Exchange and Trading Systems) are already working in Europe, Netherlands ( Cyclos system), Spain (Banco de Tiempo), Canada(Reseau d’Echanges et Entraide Locale Canada), USA, Argentina, Bolivia, Uruqay (C3 system), Honduras, El Salvador, Costa Rica (PuntoTRANSacciones), Brazil (ComPRaS Business Network), also Ivory Coast, Senegal, Thailand, Australia (Services4u Community/Business Network) and many countries over the continents. They all already have some sort of exchange or trading system without money and NO-interest. The systems work on a basis of time, a certain value given to a product or service provided as exchange and all without real money. Even Lets banks and internet based systems are popping up. Also Social Banking Systems within the old financial system that work with other standards without greed and not for profit are getting stronger but will also go down with the old system .
Can this LETS system be the new one that follows up our rotten financial system now falling apart? I do really not know as the channelings have talked about a value backed financial system with precious metals and even precious stones, but I think personally that it now can make the change possible and help keeping economies running on local levels without having the burden of the crisis felt. It needs people who create local networks that in their local community will accept and trade in this system. I know of the The Netherlands that nuked the first exchange system in the country being succesful by the Fiscal Authorities, The members of the system should pay taxes and VAT as the exchanges could be valued in money in the normal system if they would be traded not via the Lets system” Very useful info can be found on http://www.socialtrade.org/ andhttp://www.lets-linkup.com/ .
Here follows the posted story:
OCCUPY THE GLOBAL FINANCIAL SYSTEM – BREAKING NEWS RE THE 99% ACTIVATING THE NEW
The first historic trades within the new financial system have taken place!
The many global, independent trading networks all over the planet are rapidly connecting with each other, forming an infinitely expanding web of local and international commerce, exchange and trade.
People have woken up to the fact: for most of what we spend WE DO NOT NEED GOVERNMENT ISSUED MONEY. In fact, so many different groups have been abusing the money system, it can no longer fulfil its original purposes, which were:
a) as a medium of exchange
b) as a unit of account, and
c) as a store of value
It is the last of these that has led to systemic abuse and criminality, along with usury – the charging of interest. Money stopped merely facilitating things (a job it can do supremely well) and started to be seen as value in itself – which is one reason why so much is out of circulation! The ‘value’ is being hoarded, availability manipulated, markets distorted. No wonder the older religions all forbade usury – for they knew that the usurer and his schemes means that he always ends up owning everything, and tends to manipulate ruthlessly to that end.
There have been some interesting clues as to how this controlling and enslaving global finance system might be broken up. In the 1980’s, in Canada, a man called Michael Linton named the first Local Exchange Trading systems (LETS), from which a number were established. They then spread around the planet, but were largely ignored by anyone even remotely mainstream. The system, in brief, means that you have a local, non-interest bearing currency, and members of the system trade together for all sorts of goods and services: up to 70% of everything you need can be acquired this way in a properly run system with enough members. See definition at:
Then there were time banks, e-currencies…and many other innovations. Over thirty years the expertise has spread to everywhere. For Time Bank description, see:
One of the most sophisticated, just coming into full operation, is Liverpool, England-based TGL: see: http://www.tgl.tv/
The first big clue to how these generic system types might be deployed was when Argentina got into trouble with the banksters, and threw out the IMF. The nation was in deep financial crisis – but very quickly, LETS systems sprang up, so that the people that participated were not disadvantaged. The same has happened recently in Greece. One Greek man, interviewed for a You Tube piece, said of the emergence of LETS – “I am amazed: I can afford things I could never have bought before”.
In other words, this generic type of system leads to increased abundance – not what you might expect in the midst of what the media tends to paint as ‘siege economies’. Meaning that people are real and can get on with it – while many aspects ofgovernment today are a variety of fictions, and fall apart under stresses that are also substantially of fictional making.
The upshot? SYSTEMS LIKE LETS, AND MANY INNOVATIVE VARIANTS, ARE IN PROCESS TO TAKE OVER. Just as things like computers have moved from huge, centralised systems to distributed PC’s on everyone’s desktop, the financial system is becoming distributed down to the level of community. Indeed, these systems ARE the community level of the NEW GLOBAL FINANCIAL SYSTEM. The new System is literally everywhere already, spreading a like new knowledge to the 100 monkeys!
There is a lot of software for these systems, much of it available for free. For a good list of examples, see: http://www.letslinkuk.net/software/
The new system’ developers know that people are ‘the gold’ that backs and assures this system’s success
As the groups link with each other the Products, services and reach of this network grows daily.
Many of the groups and systems are not listed here yet, for obvious reasons, however they soon will be. In the meantime, we suggest you look at the links above, then do a computer search for local exchange networks in your area and get involved.
In the (probably) trying times ahead, joining a LETS-type system IS ONE OF THE MOST POSITIVE FINANCIAL SURVIVAL STEPS YOU CAN TAKE
Software, electronic payment, credit, debit facilities and new currencies are all part of the range of technologies already operational in these new systems. All this and more is available for new groups to implement in all regions, countries, communities!
Details re access to all info will be made available in the next weeks.
Some of the exciting applications of the new financial systems include self funding of various communities and other initiatives, starting small and growing to include the, food, health, water treatment, education, new green power and other technologies, all waiting in readiness, for this ability to fund them, to arrive!
As stated, all are welcome, including those of the old regime, subject only to the simple credo of Inclusion, and operating for The Greatest Good of All.
Those of the old regime are invited to make contact, if they sincerely wish to cooperate. Their resources, systems and networks will still be of value if they are contributed in alignment with the above philosophy. Alternatively, they may want to research the truth of what is reported here, ie, that this process of the establishment of and implementation of the new, ‘people’s financial system, IS happening, IS expanding, rapidly, and IS beyond anyone’s control, due to the fact that it is backed by some 200 million enlightened people!
If you have read and resonated with this article, please forward it to your personal contact list, post it on web sites you have access to, use it as a basis for publication, print it up and hand it out – or anything else you can do to spread the word. You will be helping humanity move forward!
Contacts : email@example.com
PS Already we have had an expression of interest from the old system!