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The movethezero Solution

Here is an example of how movethezero could work for you.

Personal Debt	Before movethezero	After movethezero
Home Mortgage	100,000.00	10,000.00
Car Loan	15,000.00	1,500.00
Student Loan	12,000.00	1,200.00
Bank Loan/Overdraft	10,000.00	1,000.00
Credit Card Balance	5000.00	500.00
Total Debt	142,000.00	14,200.00

Movethezero - Debt Forgiveness

By applying the "MoveTheZero" principle and removing the 90% Imaginary Money from the above example, you are left with 14,200.00 to repay which, incidentally, represents the Real Money used to create the original debt.

Global Fiasco

Governments round the world have borrowed vast amounts of money, 90% of which is imaginary, to bailout failing financial institutions.

As a result global debt now in excess of $100,000,000,000,000. That's $100 trillion and rising, a staggering amount of debt. Taxpayers, the World over are now expected to fund the repayment of this debt over the next 25 years or longer. Governments will use taxpayer's money, which is your real money, raised through taxes, to repay the debt.

Who financed this debt and where did the money come from in the first place?

It was generated by the banking system, conjured up if you will, to encourage economic growth. That's right they injected imaginary money into the System, then transferred it electronically round the world and lent it out as if it were real. This is called "Fractional Banking".

Despite taxpayer bailouts banks are basically afraid to lend to each other thus increasing liquidity problems for everyone. Banks are now hoarding cash, taxpayer's cash, and not lending to each other or more damagingly not lending to individuals and businesses.

In trying to shore up a broken financial system by bailing out the very institutions responsible for the catastrophe in the first place, Governments have been unsuccessful in their attempts to ensure money is available to individuals and businesses.

For a global economy to function correctly it requires people to have jobs, pay taxes, buy homes, food, cars, take vacations etc.

So where does movethezero fit into the picture?

By becoming a member of movethezero you will join a peaceful campaign committed to fixing world debt in the shortest time possible. We will lobby those in government to release the innocent taxpayer from future decades of pain, hardship and, in many cases poverty, which has been brought about due to the mountain of debt created by the reckless lending of imaginary money.

Basically our message to Government is simple:"Stop This imaginary money, be realistic, and if you must imagine anything, imagine a world population at work earning wages, paying taxes, buying homes, goods and services. Some of the ingredients required for a happy and contented world society."

JOIN THE GLOBAL CAMPAIGN TO MOVETHEZERO

SIGN THE PETITION - PRESS THE RESET BUTTON NOW!

What does "movethezero" actually mean to the average citizen?

At its most basic movethezero is a vehicle for ordinary people to protest about the reckless activities of bankers which resulted in a financial catastrophe the likes of which the world has never seen and an idea of how to kick start the global economy without resorting to the poverty and pain planned for the next 25 years or longer, by our politicians.

How will movethezero affect my savings account or the money in my pocket?

Not at all, because your savings and the money in your pocket is 100% real, you worked hard for it and actually exists, movethezero will have no effect on these assets. Remember the logic behind "movethezero" is to eliminate debt financed with imaginary money, conjured up by the banking system to accelerate global expansion, but in reality it never actually existed.

How will I know if my loan comprised real or imaginary money?
It will not matter as far as you are concerned, the lender and the system will cater for all types of loans and transactions.

How will "One Accounts" be affected by movethezero?

Your savings will be unaffected but your loan would be reduced by 90%.

I've heard the term "Fractional Banking" but what does it really mean?

Movethezero refers to imaginary money conjured up by the banking system, known as "Fractional Banking". It is the process by which this money is created. Here are some links which may help to explain how this mountain of imaginary money was dreamed up.

http://www.lewrockwell.com/rothbard/frb.html
http://www.thefreemanonline.org/columns/fractional-versus-100-reserve-banking/
http://en.wikipedia.org/wiki/Fractional-reserve_banking

"Money as Debt" is an insightful animated video series on what money has become in today's world and is worth watching a it explains exactly how "money" is created. You can follow this link to it.

http://www.youtube.com/user/movethezero

Who has organised the movethezero campaign?

A group of like minded individuals who believe that radical action is required to kick start economic activity and create jobs which in turn stimulates more growth thus increasing tax revenues and allowing interest rates to return to a sensible level.

Devaluing debt instead of currency as a solution?

There is a precedent for what we are proposing.

Previously when a currency got out of synch a government would devalue the currency. This would normally happen when rampant inflation occurred. Examples of this are in 1940, an agreement with the U.S.A. pegged the pound (UK Currency) to the US Dollar at a rate of £1 = $4.03. This rate was maintained through the Second World War. Under continuing economic pressure and despite months of denials that it would do so, on 19 September 1949 the UK government devalued the pound by 30.5% to $2.80. The move prompted several other currencies to be devalued against the dollar.

In the mid-1960s, the pound came under renewed pressure since the exchange rate against the dollar was considered too high. In the summer of 1966, with the value of the pound falling in the currency markets, exchange controls were tightened by the Wilson government and the pound was eventually devalued by 14.3% to $2.40 on 18 November 1967.

Whilst what we are proposing is not a devaluation of currency but a devaluation of debt, the principle remains the same. If a currency can be devalued why not debt? Especially debt that was borne from imaginary money in the first place.

The major benefit to devaluing debt is that the money in your pocket is not devalued and therefore remains at the same value, but your spending power increases because you are no longer laden with a debt that you are perhaps unable to repay.

Having read this far, why not check out FAQ page or become a member?

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