Unruly State of Affairs in the United States of America

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https://www.elliswashingtonreport.com/2023/04/06/the-reason-why-birth-certificates-debt-and-chattel-slavery/

 

The Reason Why Birth Certificates = Debt and Chattel SLAVERY

Ellis Washington | April 6, 2023
 
 

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About the Author—Professor Ellis Washington, J.D.—I went to Harvard Law School for 1 year (1988-89) with future POTUS Barack Hussein Obama, (b. 1960 – d. 09/29/2019), but I took the opposite path in Life—New World Order, Communism, Treason, Pedophilia & Satanic Ritual Abuse vs. Christianity, Conservatism, Protecting the Children & TRUMPism. I repeatedly refused to take the “Satan OATH” which is why I’ve been blacklisted since 1989 – for over 34 yearsfor my entire legal and academic career, yet I Fight on! Why? To avenge Harvard University’s original 1692 mottoVeritas pro Christo et Ecclesia {= Truth for Christ and the Church}.

To escape the 150-year Rothschild Chattel Slavery systems (e.g., Birth certificates, Death certificates, Social Security numbers bought, sold & trading people’s identities like animals on Wall Street) & Rothschild Debt Slavery systems (e.g., IRS, Income Taxes, Death Taxes, Fiat/Counterfeit currency not based on Gold or Silver, but based on NOTHING!—national currencies of the world promiscuously printed at will by the Rothschild Central Bankers to fund perpetual False Flag Wars) while keeping the entire world enslaved inside the Birth-School-Labor-Taxes-Debts-Retirement-Death cycle of the Rothschild Khazarian Mafia Matrix (1871-2021), then read and share the Truth of my Critical Thinking blog that has recently exceeded 21 million views @ EllisWashingtonReport.com & on Facebook— #JesusIsLord #DCActof1871

 

If you have a birth certificate you were born into [Debt Slavery].

You are legal property (a corporation) of the government. You don’t have to be getting physically abused, killed, forced to work, or raped to be a Slave.

Shadow Asé (July 20, 2020)

You have been lied to all of your life. History has been a [Big] Lie created by the [Rothschild Khazarian] Cabal for thousands of years for Control.

#Plato’sAllegoryoftheCave

 

A. Prologue – Birth Certificate = You are a Perpetual Slave of UNITED STATES OF AMERICA, INC. Corporation = CORSPE

 

DID YOU KNOW? 

At childbirth, when you sign that piece of paper for Social Security and your birth certificate that the government now has the civil and criminal jurisdictional control over your child. They belong to the government [aka U.S.A. INC.] from that day forth. Everyone is a Slave to the Rothschild Khazarian Mafia Corporation [aka FEDERAL RESERVE] by their Birth Certificate with the name spelled in all capital letters. All L.A.W. is Maritime/Admiralty Law of the Sea. We are Lost at Sea, chained to a Bondage of Debt. Private Citizens don’t pay taxes, can sign off Debt, claim your Ancestral Estate and come back to Living.

 

 

D.C. Act of 1871—Anyone born after 1871 is a slave to the United States Corporation (U.S.A., INC.) Your birth certificate was sold for money by a secret unconstitutional deal the Rothschild Khazarian Mafia Central Bankers made with President Ulysses S. Grant in 1871 to get U.S. out of bankruptcy caused by the war debts incurred from the Civil War (1861-65). Therefore, everyone born after 1871 had their names bought and sold on Wall Street, then they created data on you to make money off of you. Illnesses, taxes, when they don’t have enough money in the future, they use your name as a pretext to use the printing presses in the basement of the Federal Reserve to print millions, billions, TRILLIONS of worthless certificate notes (not backed by gold or silver), but based on nothing but a worthless promise from the Rothschilds to cover the debts of the USA, INC. So, if you ask yourself – Why were birth certificates created? Answer: Because the UNITED STATES, INC. views you not as a human being, but as a financial debt SLAVE to be bought and sold as animals or chattel.

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I was reminded of my ongoing narrative to alert all Americans to the Grand Conspiracy that was perpetrated on U.S. with the passage of the D.C. Act of 1871 during the presidency of Ulysses S. Grant—

Why are there 2 United States of America?

Nevertheless, what is America today if not a Republic and when did this treason take place in American history? America has not been a Republic since the Silent Coup of 1871 when, during the chaos of the aftermath of the Civil War (1861-65) and the great social upheaval putting the country back together called “Radical Reconstruction” (1863-77), Illuminati, Freemason, Kabbalist elements in society funded by the Satanic Cabal of Jewish Bankers known as the House of Rothschild in 1871 secretly turned “The United States FOR America” into the U.S.A. (a corporation = United States OF America, Inc.) FOR in 1871 secretly turned “The United States FOR America” into the U.S.A. (a corporation = United States OF America, Inc.) OF in 1871 secretly turned “The United States FOR America” into the U.S.A. (a corporation = United States OF America, Inc.). The results? All of our storied, iconic Judeo-Christian morality, Natural Law and Natural Rights which enshrined all of America’s founding documents including—The Declaration of Independence, the U.S. Constitution and the Bill of Rights were all effectively a deadletter since 1871… until a miracle happened, and God gave humanity one last chance at redemption with the ascendancy of President Donald J. Trump (2016 – present).

What happened over the next 150 years has been nothing short of the greatest Satanic con job in the history of humanity (barring the Garden of Eden of course). Below I have transcribed the video program by Everything Inside me (Believe what I tell you not what you see [Satanic Spells]) followed by an Epilogue summarizing lessons from real History We the People must all take serious heed of if we are to defeat their Grand New World Order Conspiracy that systematically will democide U.S. all and turn the entire world into a dystopian Apocalypse ruled over by Satan though his son… the Anti-Christ.

We the People News (28 March 2023)

Mary of We the People News had an interesting excerpt of documentary on the evil truth behind our Birth Certificate in her GCR report by Judy Byington. In this report the commentator has some very iconoclastic and conspiratorial history about a variety of subjects, some of which I have written about in the past but will restate here because of the succinct and compelling manner this commentator narrated his thesis on the real history of the birth certificate and what it means to us as supposed free citizens living under a Republic. The commentator also discusses the origins of the so-called Rothschild Khazarian Mafia and their Central Banking system that has enslaved America and virtually all other 200+ United Nations countries using fiat currency that they print at will with no intrinsic value thus leading nations irrevocably into debt slavery to our Rothschild masters who own our debt and thus own all nations of the world.

Below is a transcript of the commentary about the real meaning behind the so-called “birth certificate” and how the Rothschild Khazarian Mafia use these certificates and bank notes they call “currency” or “money” to make We the People perpetual Debt Slaves.

{Transcript beg.@14:46} Most people have never heard of what I am about to say and don’t even understand what I’m trying to say, but try and follow what I’m going to tell you. On the back of the Social Security card will be numbers in red. On the front will be numbers in blue or black, but on the back will be in red. The numbers on the back of the Social Security card in red designate your body, it is the serial number of your stock [THINK: Chattel = Cattle]. This is why if you’re wealthy you are preferred stock, if you are poor, you are common stock, but you are a stock on the stock market.

Your body is bought and sold through the sale of your birth certificate. This is why when you were born you have to have a birth certificate. Therefore, your birth certificate is signed by your mother, and where your mother signed the birth certificate, get it you will see it does not say parent or mother, it says informant. You need to wake up and find out how this stuff really works.

SLAVERY, condition in which one human being was owned by another. A slave was considered by law as property, or chattel, and was deprived of most of the rights ordinarily held by free persons.

 

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*N.B.: Video—“Meet Your Strawman” – The story of how everyone has a strawman created for them at birth and how it is used to collect revenue for your government. A fun and informative animation made in the spirit of freedom. Please spread and upload with credits intact also link back to our channel if you do.

SLAVERY: Which is supposed to be illegal all over the world. BIRTH CERTIFICATE = BOND OF THE VATICAN + BRITISH CROWN CORPORATION = SLAVERY

After the change of the century coming into 1900s [the Rothschild Khazarian Mafia or Central Bankers] decided they wanted to expand. They got so much money, and they were doing so well they thought maybe we can expand the business, move the corporation out a little bit. Let’s expand business; let’s go to Germany or somewhere else in Europe and open up a big corporation there and take in their corporation, their government we’ll take them over.

And the Germans said, “hey Jack it was like a Mafia. What are you coming over here you’re gonna buy me? I’ll buy you; you don’t buy me like the Godfather movie.” And the American corporation, British American Corporation said “unfortunately maybe you didn’t understand; let me restate it so you understand. I didn’t ask you; I’m telling you. We’re moving in here it’s called a Corporate Takeover.” And so, there was a hostile corporate takeover where the American corporation decided they want to take over in Europe and they didn’t want to be taken over. . . So, they called it a hostile corporate takeover, we call it World War I.

So, the corporation called UNITED STATES [INC.] was able to overthrow the existing corporate order in Europe, but it cost a lot of money. They had to build a lot of tanks and jeeps and pay a lot of people and the corporation, or they wouldn’t be successful. They did what they wanted to do, but they went broke doing it and so when they went broke doing it and then the bankers pulled that money out in [October 28, 1929], we had something called the stock market crash. Because the corporation spent so much money, they went broke, so the international Bankers said “well if you’re broke what are you coming to me for? I’m not going to loan you money if you’re broke. And so, what do you have as collateral? You got any collateral that you could put up for me to loan you the money?” And the corporation called UNITED STATES [INC.], the British corporation called UNITED STATES [INC.] said “yes, we have the stock, we will give you stock in the company. YOU are the stock in the Corporation.” So, they give your body, your body to the banks in Switzerland. So, your body now becomes stock for the corporation called United States [INC.] because you are a money maker.

Bankers came in and said if we’re going to loan you money you guys have lost money, you guys have gone bankrupt. We’re going to take care of the accounting. We’re going to see where the money goes. We’ll give you the money but we’re going to make sure it goes where we wanted it to go. So, they set up the Federal Reserve System and then the collection agency [called the Internal Revenue Service or IRS] to make sure that you people pay us. We are going to set up and to keep a record of how much you owe us in business each week. We’re going to call it the Federal Reserve. And to make sure that your stock – all the chumps out there in America working – make sure the stock pays us. We are going to make sure they pay us. . .

So, we will set up a collection agency, our own collection agency. It’s called the Internal Revenue Service. So, the banks, the corporation called UNITED STATES [INC.] loan money to the privately owned corporation called UNITED STATES [INC.] and the United States corporation gave your body, your birth certificate to the banks as collateral for the loan. And that’s why today Americans are nothing but SLAVES.

Symbolism and Legalese in Admiralty and Maritime Law Ensures your Enslavement in Perpetuity, but on Jan. 20, 2021, President Trump has Broken the Matrix and Freed U.S. All

Now this is something I want you to understand. . .  There are 2 kinds of laws on the earth. One is called Civil Law which is the law of the land, and one is called Maritime/Admiralty Law which is the law of the water. And the law of the Maritime/Admiralty says that you, because you came out of your mother’s water are a Maritime/Admiralty product. This is why the shop is sitting in its “birth” and is tied to the dock and the captain has to give a Certificate of Manifest to the post authorities because money is changing hands.

 

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This is why when you were born, you have to have a birth certificate. It’s got to be signed by the dock because that’s where the ship is tied to is the dock. So, the dock signed your birth certificate. Why? Because you came down out of your mother’s water. You came down her birth canal. You are a Maritime/Admiralty product and therefore your birth certificate is signed by your mother. And where your mother signed on the birth certificate (get it you will see) it does not say parent or mother, it says “INFORMANT”. Your mother was informing the bank that she has just produced another product to be bought and sold. England, the British crown through international banking, owns your physical body and that’s the law.

 

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The BAR is about to be taken down worldwide. The enormous fraud is about to be revealed.

You have no contract with this unlawful and broken Corporation, associates of the BAR and their counterparts. You are not a property or subject to these false entities, associations and societies connected to the International BAR Association and their procedures.

Whoever claims you are property, or states they have a contract on your life in the private or corporate side, are deceiving you. No such contract exists.

End Game. The courts are going to fall apart. The Lawyers who protect the Elite and evil are almost done.

Don’t be afraid when a Military Government is installed. They will in that moment reinstall rightful leaders and law makers (that takes time). ~ Q

*N.B.: Notes, Ellis Washington, Real News for Real Patriots—Part 18.

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Epilogue: Ultimate Question—Why didn’t our Best and Brightest fail to inform U.S. that We the People were Debt and Chattel Slaves of the Rothschild Central Bankers for the past 150 YEARS (1871-2021)?!? – Think about all the books you read, the TV/Radio shows you watched, the Social Media you read and responded to. Think about Fox News, the so-called “Conservative” Media of “Truth”. Think about Ronald Reagan, Thomas Sowell, William Buckley, MLK, the Heritage Foundation, Hoover Institution, AEI, all the so-called Conservative Think Tanks, your Rabbis, Christian Ministers & Christian Organizations, your father, mother, grandfather, grandmother, great grandfather, great grandmother, etc., Why did not one of them mention these 4 little words to you… Ever!?! –”DCActof1871

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ANSWER – You only have 4 choices –

  1. IGNORANCE (They didn’t know that our country was stolen from U.S. 150 years ago);

  2. APATHY (they didn’t care),

  3. COWARDICE and 

  4. COLLUSION (they were afraid and by default became willing or unwilling allies of New World Order [Satanists]). I say this not to put you on a guilt trip or to disrespect your family, mentors and friends, but so you will understand that oftentimes those who love us the most can hurt us the most in failing to teach U.S. the Reality of TRUTH. And to do what Jesus Christ commanded us to do during these Last Days = “REDEEMING THE TIME FOR THE DAYS ARE EVIL”  ~ Ephesians 5:16

 

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It’s called Hegelian Dialectic = How to Establish the Satanic New World Order Agenda? – 

1. Create the PROBLEM 

2. Fund the REACTION 

3. Mandate the SOLUTION.

This simple but Democidal Satanic Hegelian Dialectic goes beyond its initial creator (Georg Wilhelm Friedrich Hegel [1770-1831]), all the way back to the Garden of Eden in the Book of Genesis 3 when Satan had sex with (“beguiled Eve”) and created the Seed of Cain (i.e., the Canaanites, Reptilians, Nephilim, Anunnaki, Dracos, Kenites, Khazarians, Rothschilds, 13 Illuminati Bloodline Families).

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Think about all the World’s woes since the biblical Adam and Eve fell into sin in the Garden of Eden according to the Book of Genesis 2:4-3:24—World Wars, Slavery, Famine, Poverty, Disease, Pandemics, Societal chaos, Race Wars, False Flags to foment war, Nation Balkanization, Debt-Slavery, Great Depressions, Satanic Ritual Abuse (SRA), Abortion, Child abuse, Eugenics, Slavery, etc. Under the Rothschild-Illuminati-Hegel Dialectic ALL Reality is an artificial construct, or as Hegel famously declared, “Reality is a historical process” that is manipulated by sinister, Satanic forces behind public view.

In other words, the world you know is not really “real”, it is a version of a cynical construct – a Geopolitical Matrix Slavery orchestrated by the Rothschild Khazarian Mafia in one form or another over the past 2,000 years (perhaps from the “beginning”). Throughout all societal institutions, the Khazarian Mafia has built this Grand Illusion based not on Reality but created what the Nazis called a Weltanschauung (Worldview) and Gleichschaltung (Forcing together, e.g., One-World Government, New World Order) based on systemic Perversion and Delusion, Narcissism and Nihilism, Communism and Perpetual Debt-Slavery.

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    THE ABUNDANCE PARADIGM: WHY AI FORCES A RETHINKING OF MONEY ITSELF — PART 1

    By Ellen Brown on May 11, 2026

    A Universal Basic Income (UBI) has long been proposed as a way to cushion the blow of jobs lost to automation. Under that model, everyone receives a modest monthly payment – enough to cover basic needs and prevent extreme poverty. 

    But Elon Musk has gone further. On April 16, he posted on X:

    Universal HIGH INCOME via checks issued by the Federal government is the best way to deal with unemployment caused by AI.

    Rather than a subsistence stipend, Universal High Income (UHI) would be a level of income allowing ordinary people to live well in a world where machines do most of the work. Musk has also said that AI and robotics are the only things that can solve the massive U.S. debt crisis. 

    That sounds promising, but where will the government get the money to pay the UHI? Critics say any government that tried it would go bankrupt. There are also other concerns, which will be addressed in Part 2 of this article. Here we will look at the financial underpinnings: why UHI is even thinkable, why AI forces a reexamination of how money enters the economy, why the current system cannot scale to meet what is coming, and the implicit transition needed to meet that challenge.

    Why the Current Money System Cannot Scale

    The national debt of the U.S. government just topped $39 trillion. China’s is $18.7 trillion. Japan’s is $8.6 trillion. Those of the UK, France, Germany, Italy and Spain are each in the multi-trillion-dollar range. Collective global debt now stands at $353 trillion, 305% of the world’s annual economic output. So even if, hypothetically, everything produced in the world in a year were applied toward liquidating the debt, it still would not be enough to pay it all off. 

    In fact the debt can never be repaid, because of the way money currently enters the system. Nearly all of the money supply today is created by banks when they make loans. Banks do not lend their existing capital. The loan itself creates the money. The bank adds the loan amount to the asset side of its balance sheet and balances that sum with the same amount on the liability side. When the borrower withdraws or transfers the funds, either the bank takes them from its reserves in “vault cash” or the Federal Reserve debits the bank’s digital reserve account at the central bank. But the lending bank typically has funds coming into its reserve account at about the same rate as they are going out, so its reserves are continually replenished. Thus a very small reserve account can support a much larger money creation engine. For decades before the Fed discontinued the reserve requirement in 2020, it hovered at around 10%.

    The chief problem with this debt-based system is the interest, which the bank does not create in its original loan. For a typical long-term loan, interest can double the total tab or more. Where is the money to come from to pay this added liability? Across the system as a whole, it must either come from more borrowing or from existing funds. In the case of governments, that means issuing interest-bearing bonds or tapping taxes and other revenues. The interest on the debt compounds, meaning the government is paying interest on interest. This makes the debt increase exponentially, until it is mathematically unsustainable. Then bankruptcies occur, of banks or even whole governments. Booms turn into busts, and the cycle begins again.

    Today, interest on the federal debt is the second largest budget line item after Social Security, exceeding $1 trillion. Meanwhile, workers are losing jobs to AI/robotics, shrinking the income tax base. The system is clearly unsustainable.

    How to Raise Demand to Scale to the Upcoming Supply

    A Universal High Income would replenish the shrinking tax base by replacing the lost wages of unemployed workers. But where will the money come from to pay the UHI? The only sustainable solution is for the government to issue it interest-free. That does not mean through the Federal Reserve, which creates money in the same way banks do: it buys federal interest-bearing securities with accounting entries. The Fed collects the interest, which it is supposed to return to the Treasury after deducting its costs. But since 2008, its costs include paying interest on the reserves of its participating banks, which consumes its profits. (See my earlier article here.) 

    The only interest-free, debt-free solution that will actually increase the money supply sufficiently to match the projected productivity of AI/robotics is for the money to be issued directly by the Treasury.

    This is not a radical new idea. It is authorized in the U.S. Constitution, which provides in Article 1, Sec. 8, that “The Congress shall have Power To … coin Money [and] regulate the Value thereof .…” Abraham Lincoln used government-issued “Greenbacks” to avoid a crippling debt to British-backed bankers. Debt-free government-issued money was also the funding mechanism by which the American colonists succeeded in creating a thriving economy and liberating themselves from the oppressive yoke of the British Empire.

    In his 1729 pamphlet “A Modest Inquiry into the Nature and Necessity of a Paper-Currency,” Benjamin Franklin argued that a lack of currency was a tax on industrious farmers and producers, and that a reliable, locally issued paper currency was the “oil” for the gears of trade. The “Nature and Necessity” of this currency was to facilitate the movement of goods between neighbors. Franklin observed that the British strategy of keeping the colonies short of cash was a method of economic suppression. By forcing the colonies to use gold and silver, which were constantly drained back to London to pay for imports, the Crown kept the colonies in a state of permanent debt and low productivity. When the money supply matched the productive capacity of the people, universal prosperity resulted without inflation. 

    This logic evolved into the “American System of Political Economy” championed by Henry Carey, economic advisor to Abraham Lincoln. He wrote:

    Two systems are before the world… One looks to pauperism, ignorance, depopulation, and barbarism; the other in increasing wealth, comfort, intelligence, combination of action, and civilization. … One is the English system; the other we may be proud to call the American system, for it is the only one ever devised the tendency of which was that of elevating while equalizing the condition of man throughout the world.

    In the context of the 21st century, the “oil” that best lowers the friction of trade is debt-free government-issued money similar to Lincoln’s Greenbacks and colonial scrip. Rather than implementing a radical financial innovation, we would be returning to our roots.

    Inflation or Deflation?

    The chief objection to the colonies’ paper “scrip” was that they tended to over-print, so that “demand” (money) outstripped supply. Too much money chasing too few goods produced price inflation. But in the 21st century, we will soon have the opposite problem: too little money chasing too many goods. Machines don’t need food, clothing, shelter, transportation, medical treatment or other services. So who will buy those goods and services? 

    Money needs to be issued to human consumers, and not just to a few wealthy human consumers serving as debt brokers thriving on interest. To create sufficient demand for the voluminous output of AI/robotics, it needs to go to the whole national population, evenly distributed. Not only can UHI work in that sort of abundant supply without producing price inflation; it is actually essential to prevent deflation.

    In a conversation on X, Musk wrote:

    In a normal economy, issuing more money simply increases the dollar price of the existing output of goods & services, meaning people do NOT get more stuff. If AI/robotics massively increase goods & services output, then you actually MUST issue dollars to people or there will be massive disinflation. 

    As paraphrased on Yahoo Finance (reposted from Benzinga), Musk wrote that handing out more dollars becomes a problem only when the economy’s supply of goods and services fails to surge alongside the money supply. His claim is that AI and robotics could lift production so sharply that the bigger risk would be falling prices, not rising ones.

    But aren’t falling prices a good thing? In this case, no. Prices would be falling due to a lack of demand, meaning producers can’t find customers for their products. They wind up laying off workers and eventually going bankrupt. When spread across the whole economy, the result is a deflationary spiral: prices fall, businesses lose revenue, and the economy contracts, not because production is inadequate but because purchasing power is insufficient. The result is recession or depression. In the Great Depression of the 1930s, food was rotting in the fields while people were starving, because they were out of work and had no money to spend. 

    Job cuts from AI are already happening. According to the same Benzinga article:

    Evidence of near-term strain is showing up in corporate announcements: employers disclosed more than 27,000 job cuts linked to AI in the first quarter of 2026, according to Challenger, Gray & Christmas. The outplacement firm said that figure was up 40% from the same period a year earlier. 

    Robert Reich reports that wages are around two-thirds of the typical corporation’s total cost, and that in the first four months of 2026, big U.S. corporations cut over 128,000 jobs. 

    How Soon Will All This Happen?

    Another Benzinga article, reposted on Yahoo Finance on March 16, detailed Musk’s projected time frame:

    Speaking remotely to the Abundance Summit last week, Musk told XPRIZE founder Peter Diamandis that the global economy is on the verge of an explosion so massive it defies historical precedent.

    “I’d say the economy is 10 times its current size in 10 years,” Musk said, before quickly clarifying that the growth could be even more explosive. “Greater than,” he added, framing the projected shift in economic output as a “fairly comfortable prediction.” …

    Ray Kurzweil, author of The Singularity Is Near, sees AI reaching Artificial General Intelligence (human-level intelligence across virtually all domains) by 2029, and full transformative abundance by 2045.

    Other experts question these time projections, but a radical transformation of traditional manufacturing and trade is likely to happen sometime in the reasonably near future. The question is, will the money system transition soon enough to rescue all the laid-off workers from homelessness and famine?

    The Sovereign Wealth Fund Alternative

    There is another model for distributing the gains of automation, one that can be phased in gradually as the AI workforce expands. It comes from Sam Altman, CEO of OpenAI. In an ironic twist, Altman and Musk, who jointly founded OpenAI in 2015, are now locked in a high-profile legal battle over whether Altman diverted Musk’s $44 million investment to transform what was conceived as a nonprofit “for the benefit of humanity” into a highly lucrative for-profit enterprise.

    That dispute aside, Altman’s alternative model for sharing AI-generated wealth is a national sovereign wealth fund seeded by the profits of AI and robotics. His proposed American Equity Fund would take public stakes in the companies and technologies driving automation, capture a portion of the resulting productivity gains, and distribute them as universal dividends. The Fund would not replace a Universal High Income but would complement it.

    This approach has several advantages. It ties payments directly to real output, scales automatically with productivity, and can be introduced gradually, avoiding the shock of issuing large payments before the supply side has fully expanded. It would resemble the Alaska Permanent Fund, which distributes oil revenues to residents, except that here the resource would be the most powerful general-purpose technology since electricity.

    Conclusion: A New Monetary Logic for a New Productive Era

    For centuries, money has been issued as a claim against the future productivity of human labor, repaid from the income that labor generates. The logic of this debt-based system collapses when machines become the primary producers of goods and services. Then the limiting factor becomes purchasing power — the ability of human beings to access the abundance their own technologies create. That requires a monetary architecture that expands with output rather than debt, and distributes income not through wages alone but through mechanisms tied to the productive capacity of the whole system.

    Universal High Income and a sovereign wealth fund are two ways of doing that. One ensures a stable floor of demand; the other ensures that the public shares in the gains of automation. Both would be grounded in real production. But for the public to have access to those gains, the money supply needs to expand in proportion to the expanding pool of goods and services. This can be done by restoring the innovation our forefathers baked into the Constitution: debt-free money issued by the government itself.

    How to fund a UHI without triggering inflation or driving the government into bankruptcy is the first objection critics raise, but there are others. They argue that people would stop working or stop learning, that society would collapse into idleness or chaos, that life would lose meaning without jobs, that the government would have the power to control how people spend their money.  Will a UHI ring in the promised utopia or lock us into a state-controlled digital prison? Part 2 of this article will address those concerns. 

    _______________

    This article was first posted as an original to ScheerPost.com. Ellen Brown is an attorney, founder of the Public Banking Institute, and author of thirteen books including Web of DebtThe Public Bank Solution, and Banking on the People: Democratizing Money in the Digital Age. Her 400+ blog articles are posted at EllenBrown.com.tom of Form

     

     

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    WAY TO GO MR PUTIN - RUSSIA FINALIZES 'LBGTQ PROPAGANDA' BAN

    Posted By: The_Fox [Send E-Mail]
    Date: Thursday, 1-Dec-2022 05:31:08
    www.rumormill.news/212414

     

    Many a time I often think about moving to Russia, so sick and tired of living here in the West.

    Over there things get done and child molesters etc don't just get away with a slapped wrist, free to again prey on the innocent.

    Those promoting society's moral decay will now have to answer for their actions also.

    Way to go Mr Putin.

    Read more: 'LBGTQ PROPAGANDA' BAN