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Etico - new world currency

The present world is dominated by money and financial institutions. This unhealthy situation cannot be sustained.

Money leads to too much abuse, commercial exploitation, violence, psychological problems...

The present world needs to boost humanity or human values in all sectors of life and society. The Global Peace Charter should be adopted by governments, institutions (financial and others), organizations and the public in general.

A new currency, the etico (from the Spanish word ético, which means ethical), needs to be introduced world-wide to gradually replace all existing currencies in order to reduce abuse and to increase fairness.

Global Peace Fund

A new global institution, the Global Etical Fund or Global Peace Fund, should be created to bring real values into the financial world and elsewhere. The guideline of the GPF would be the human values as explained in the Global Peace Plan.  

The etico would signal confidence and trust. One global currency would take away the need for rumours (often false ones just to influence the market) and for speculation. It would simplify the workings of the financial system (complication is often still seen as a source of power).

The etico would allow to control the so-called dirty money or money obtained through activities that hurt people and Nature and that involve violence of all kinds.

Solidarity

GPF would be a Fund for solidarity on a scale never seen in history. Money in the different currencies of today would be exchanged against the etico with a 1 to 5% or higher percentage (depending on the amount exchanged) being deducted and transferred to the Fund to be spent on humanitarian projects and Nature care world-wide.

The financial crisis has clearly shown that governments are willing to put up billions to save banks. Why cannot they show the same willingness to save this planet and combat Nature degradation, poverty, social injustice, commercial exploitation and other ills making this planet and our society weak and feeble?

GPF - with the agreement of humanity-inspired governments - could print extra eticos to finance investments that Earth needs now.

Today, some even dare to talk now about investing less in preventing climate change, when more needs to be invested.