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    #144 - Rune Ostgard On Monetary Systems And Their Impact On Freedom

    enMarch 01, 2024

    Podcast Summary

    • Flexibility in productivity and creativityAdapt to the unpredictability of productivity and creativity, make time for creative projects, and learn new ventures to foster personal growth.

      Productivity and creativity can be unpredictable and require flexibility. The speaker shared his experience of writing multiple books with varying writing schedules, some days dedicating long hours to writing, while other days only jotting down ideas. He also mentioned the importance of making time for creative projects amidst busy schedules and learning new ventures. The title of the author's book, "Unbar," signifies the idea of removing obstacles or barriers to achieve freedom and progress. This could be applied to various aspects of life, including creative pursuits and personal growth. The speaker's anecdotes highlight the importance of adapting to the ebb and flow of productivity and making time for creative projects despite external demands.

    • Understanding the interconnection between society's values and monetary system is crucial for civilization's developmentA clear belief system shapes interactions and cooperation, while a sound monetary system enables capital building and positive civilization growth. Counteracting globalization's negative effects requires a compelling alternative vision.

      That having a clear understanding of how a society's values and monetary system are interconnected is crucial for shaping a positive civilization. The base layer for civilization is our belief system, which shapes our interactions and cooperation. The monetary system, as layer 1, enables cooperation and capital building. A sound monetary system leads to a positive civilization's development, while an unsound one results in a ruling class and serfs. The battle of ideas is essential to counteract globalization and reclaim sovereignty. The World Economic Forum (WEF) has strong branding but a questionable product, and there is a need for a compelling counter-narrative to offer an alternative vision for the future.

    • The historical evolution of globalization and governanceUnderstanding historical monetary systems highlights the benefits of monetary freedom over the current political money system, leading to a prosperous society and stronger bonds between people.

      The evolution of globalization and governance, as proposed by figures like Klaus Schwab and Yuval Harari, is a political development that started over a hundred years ago. It's a system where rulers own everything, and the rest of us work for them. This system is closely connected to the monetary system we have today, which is political money, where rulers control the production of money in a monopoly. This system makes it difficult for other forms of money to compete, forcing us to work to acquire the money the ruler produces. The alternative to this is monetary freedom, where individuals can use the money they prefer, leading to a prosperous society and stronger bonds between people. It's important to understand these historical monetary systems and the benefits they brought to emphasize the flaws of the current political money system and sell a truthful alternative. Forgotten periods in history, such as the use of silver and gold coins, provide examples of prosperous societies with monetary freedom.

    • Monetary freedom's impact on prosperous societiesMonetary freedom, where individuals control their money and different types of money coexist, leads to prosperous and free societies. Understanding the origins of money and its societal implications is essential for financial security and living a healthy life.

      The type of monetary system a society uses significantly impacts its civilization. Monetary freedom, where individuals have control over their money, and different types of money coexist, leads to prosperous and free societies. Conversely, monopoly money creation, where a ruler or government controls the money supply, can tear down civilizations built on better monetary systems. For instance, in the region of Trendelag in Norway, from approximately 1,000 to 1,050 AD, monetary freedom thrived. This society, which valued freedom and resistance to rulers, had a prosperous economy due to its rich natural resources and production capabilities. However, this system was overthrown by a king in 1,050 AD, marking the end of monetary freedom in Trendelag. Unfortunately, the importance of understanding monetary systems and their societal implications is often overlooked in education. Instead, students are taught about less relevant topics. It is crucial to learn about the origins of money and its impact on society, alongside essential skills like financial security and living a healthy life.

    • The past prosperity of societies through self-defense, trade, and monetary freedomHistorically, societies thrived through individual freedoms like self-defense, trade, and monetary freedom, leading to periods of great wealth and prosperity. Centralized control, such as income taxes and monetary systems, led to a decline in freedom and prosperity. Examples include the Dutch 'Golden Age' and the US after gaining independence.

      Prosperous societies in the past, such as ancient Norway and the Netherlands in the Middle Ages, thrived through self-defense, trade, and monetary freedom. These principles led to periods of great wealth and freedom for their people. However, the introduction of centralized monetary systems, income taxes, and other forms of control led to a decline in individual freedom and prosperity. For instance, in the Netherlands, the Dutch rebels successfully reintroduced monetary freedom in the 16th century, leading to the "Golden Age," and the United States experienced similar prosperity after gaining independence and introducing monetary freedom. It's important to note that these periods of freedom were not without challenges, such as resistance from central bankers and the eventual introduction of income taxes and passport requirements. Overall, the history of monetary freedom and its impact on prosperity is an often-overlooked yet crucial aspect of human civilization.

    • Monetary freedom and population movementHistorically, lack of monetary control by rulers led to population movement and difficulty for rulers to extract wealth through increased taxes.

      Throughout history, the power to control the monetary system has often been abused by rulers to increase taxes and build military power. This was the norm in Europe from the Roman Empire until the American Revolution, when the rebels successfully fought against this system and sought to establish monetary freedom. The lack of a monetary ruler in the United States led to an exodus of people and capital from Europe, making it difficult for European rulers to extract wealth through increased taxes. A similar phenomenon occurred in Argentina during its revolution in the late 1800s. These historical events illustrate the significant impact of monetary freedom on population movement and the ability of rulers to extract wealth.

    • Belief in individual freedom and sovereignty led to prosperous societiesHistorically, valuing personal freedom and control over subservience to rulers resulted in thriving societies in the Netherlands, Argentina, and the US. However, increasing government control through central banking and income tax has led many to feel like serfs, potentially leading to rebellion against tyrannical regimes.

      Throughout history, there have been societies that valued freedom and sovereignty over subservience to rulers or governments. This belief system led to the creation of free societies in the Netherlands, Argentina, and the United States, resulting in significant growth and prosperity. However, over time, central banking, income tax, and other forms of taxation have led many to feel like serfs, giving the majority of their earnings to the authorities without much in return. The tipping point for these societies to rebel against tyrannical regimes is not well-documented, but the desire for individual freedom and control has been a consistent theme throughout history. Understanding this belief system and its impact on society is crucial for recognizing the importance of personal liberty and the potential consequences of excessive government control.

    • Economic Systems Limiting Freedom and WealthHistorically, communities thrived without debt and inflation, but modern systems favor the wealthy and lead to wealth extraction through inflation, limiting individual wealth and future generations' inheritance.

      Our current economic systems, which rely on debt money and inflation, limit individual freedom and wealth accumulation. The speaker argues that throughout history, communities have found ways to thrive without relying on external institutions like taxes and debt. However, today's economic systems favor the wealthy, as they have more collateral to secure loans with lower interest rates. This wealth extraction system leads to a negative compound interest effect of inflation, which erodes the value of money over time. As a result, most people end up with very little wealth to pass on to future generations. To regain true sovereignty and freedom, it's essential to understand these systems and strive towards creating a society that doesn't rely on debt and inflation to control wealth and power.

    • The Impact of Human Perception on Desire for Freedom or Strong GovernmentPerception of human nature influences our stance on freedom vs strong government. Seeing humans as inherently good leads to valuing freedom, while viewing them as evil supports a strong government. Recognizing our inherent goodness can lead to a more harmonious world.

      The perception of human nature and its impact on the desire for freedom or a strong government starts with an individual's self-image and beliefs about others. Those who view human beings as inherently good will value freedom, while those who see humans as inherently evil will seek the protection of a strong government. It's essential to question and decide on one's stance on this fundamental question, as it influences various aspects of society, including politics and international conflicts. The manipulation of fear and division among people by those in power is a common tactic used to maintain control. Ultimately, recognizing the inherent goodness in human beings and our ability to build complex societies together can lead to a more positive and harmonious world.

    • The Power of Human ConnectionEmbrace openness towards different cultures and backgrounds to foster meaningful experiences and a deeper understanding of the world. Initiate conversations and be friendly, while also being cautious. Understand alternative monetary systems as a potential solution to economic instability and a means of protecting personal freedom.

      Fostering connections with strangers and embracing openness towards different cultures and backgrounds can lead to meaningful experiences and a deeper understanding of the world. The speaker shared stories of her father, who had a knack for making friends with anyone, anywhere, and how this trait inspired her to be friendly and approachable towards others. She encourages adults to initiate conversations and be friendly, while also being cautious. The speaker also emphasized the importance of understanding alternative monetary systems, such as gold, as a potential solution to economic instability and a means of protecting personal freedom. Overall, the conversation underscored the value of human connection and the potential for magic to emerge when we engage with others.

    • Exploring Gold and Digital Currencies: New Connections and Learning ExperiencesStarting with a small investment or learning about Bitcoin's technology can lead to new communities, friendships, and valuable insights.

      Exploring the world of gold and digital currencies like Bitcoin can lead to valuable connections and learning experiences. Starting with a small investment or simply understanding the technology behind these monetary systems can open doors to new communities and social networks. The Bitcoin community, in particular, is known for its strong social layer and freedom-oriented values. Meeting people in this community through events or social media can lead to meaningful conversations about monetary systems, politics, and health. To get started, consider downloading a Bitcoin wallet app and attending local meetups. The journey may begin with questions and skepticism, but the potential rewards include new friendships, valuable insights, and a deeper understanding of monetary systems.

    • Fighting manipulation and infiltration in systemsFind your role in a supportive community, express opinions freely, join counter-movements, use social media to spread awareness, and address specific issues for greater impact.

      To fight against perceived manipulation and infiltration in various systems, including education and media, individuals need to find their unique role within a supportive community, express their opinions freely, and potentially join counter-movements. The speaker emphasizes the importance of being vocal and active on social media, as it can lead to changes in mainstream narratives and policies. The speaker also recommends joining groups like the Arc Movement and inviting influential figures in Bitcoin and critical thinking, such as Robert Breedlove and Daniel Prince, to spread awareness and promote alternative perspectives. While it's essential to focus on the bigger picture, the speaker also encourages addressing specific issues, like the monetary system and policy, for greater impact.

    • Discussing Monetary Politics and the Role of Unelected OrganizationsThe importance of understanding the impact of unelected organizations like the WEF on societal issues and the need for alternative solutions, such as those proposed by the Bitcoin community, cannot be overstated.

      The importance of discussing monetary politics and the role of unelected organizations like the World Economic Forum (WEF) in shaping societal issues cannot be overlooked. While some figures like Jordan Peterson have touched upon important topics, their lack of focus on the root causes of current crises, such as fiat central banking and the pandemic response, makes their perspectives incomplete. Trust in established institutions and figures has been eroded for many, leaving communities like the Bitcoin community as potential sources of optimism and alternative solutions.

    • Encountering Dishonesty and the Value of TrustEncountering dishonesty can lead to a preference for trustworthy individuals and a reminder of the importance of authenticity and respect in relationships.

      Trust is a valuable commodity, especially in professional and business relationships. The speaker shared his experiences of encountering individuals who claimed to be successful and wealthy, yet were unwilling to support him or pay for his services, despite expressing admiration for his work. Instead, they attempted to use him for their own gain. The speaker expressed a growing distrust towards such individuals and a preference for "normal people" who are trustworthy and genuine. He also acknowledged that the monetary system can lead to corruption and that many people, even those in institutions, are good-natured and just want to provide for their families. The speaker encourages a positive outlook and believes that we can learn something from everyone if we approach them with kindness and respect.

    • Personal stories of commitment to values and integrityIndividuals demand accountability and transparency, and those in power must work hard to regain trust. Connect with like-minded individuals, learn from past mistakes, and pursue truth in the face of adversity.

      Trust in authority figures has been severely tested during recent times, and individuals are now demanding accountability and transparency. The speaker shares heartfelt stories from subscribers who have faced personal challenges but have remained committed to their values and integrity. They express gratitude for the community of like-minded individuals who support each other and are determined to learn from past mistakes. The speaker emphasizes the need for those in power to regain trust by working hard to earn it back. The speaker also encourages people to explore their beliefs in freedom and connect with him through his books and social media platforms. Overall, the discussion highlights the importance of resilience, community, and the pursuit of truth in the face of adversity.

    • Explore Rune Osgaard's resources for personal growthCheck out Rune Osgaard's books, podcasts, and consider reaching out for a steak dinner in the UK for valuable insights on self-improvement

      Rune Osgaard, whose username is eNovemberumbrellaRomeo72, is a highly recommended author and speaker in the field of personal development and self-improvement. His books and podcasts can be found online, and if you're ever in the UK, consider reaching out to him for a steak dinner. Rune's unique perspective and insights can provide valuable lessons for anyone looking to improve their life. While there may be a proper way to share handles online, the speaker's method may not have been the most formal, but the message was clear - Rune's work is worth checking out. So, take the time to explore his resources and apply his teachings to your own journey towards growth and self-improvement.

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