»It must now
have become clear to any responsibly minded person in the branch that the
international finance markets have developed into a monster that has to be cut
down to size.«
– Horst Köhler
former President of Germany
In the recent past we have had a lot of
so-called »bubbles«. Real-estate bubbles and financial bubbles are created when
the system does not have any functioning self-regulating mechanisms. Disasters
are pre-programmed in a system that has to be most stringently controlled to
prevent it getting out of hand. It suffices for something to happen that the
controlling bodies had not expected for bubbles to emerge, grow and finally
burst. Controlling bodies react to such incidents with even stricter controls
(they have no other possibility). This leads to increasingly unbearable
restrictions of personal freedom without it being possible to establish genuine
stability.
Really sustainable stability is created when
pressure is kept as low as possible and gentle self-regulating mechanisms are
in place, as in the case with the gradido.
Bubbles emerge at pressure points: we get
blisters when our shoe pinches. An increase in pressure leads to bad blisters
or bubbles. No pressure needs to be exerted in a self-regulating system, and
nobody will rebel when there is no pressure.
As the money supply is constant and cannot be
changed by either borrowing or speculation, no finance bubbles are possible in
the gradido system. The self-regulating system runs in a stable manner without
external control.
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