Topic: Negative Interest

Is it more practical to learn permaculture than to earn a business degree? As financial markets sell off around the globe and world leaders scramble to prevent national defaults from collapsing the global economy, today's youth are certain to live through a massive shift in the monetary paradigm. An education system that prepared us to receive jobs in a consumer economy injured our ability to truly learn and now we face the insult of entering a bleak job market. Is money real or is it based on societal myths? Can a monetary system built on collaboration rather than competition create a society that amplifies the positive aspects of human nature? As Mike Ruppert says: until we change the way money works, we change nothing.

In Extraenvironmentalist #25 we speak with Charles Eisenstein about his new book Sacred Economics which explains how to save the concept of money from being subject to our outdated understanding of human nature and simplistic mechanistic models of the physical world around us. While the social unrest sweeping from Cairo to Athens to Barcelona to New York is disrupting monetary dynamics can it also create an applicable positive vision? Charles explains how a negative interest currency and an economic model that integrates equity and ecology can end what we perceive to be the human nature emphasized by our current currency. Can we accept that the failure of money isn't the end of the world but that it is an opportunity to reorganize?

// Music (in order of appearance)
Zeds Dead - Coffee Break via The Music Ninja
MGMT - All We Ever Wanted (Bauhaus Cover) via Stereogum
Michita - November via Earmilk
HEALTH - Goth Star (Pictureplane Cover) via Gorilla vs. Bear
Beatles - Eleanor Rigby (Butch Clancy Remix) via Dubtunes

// Extended Clips
Fiat Money via Renegade Economist
Trader Interview on BBC
Occupy Boston