My name is Fred Lundgren.
My wife and I Iive in Katy, Texas. We are semi-retired and enjoy spending time with our family and friends. We have been self-employed for most of our lives and our world view is informed by the idea that we are no better as a nation of people than the way we treat the least among us.
Linda's background is in real estate sales, investing and acting. My background combines agriculture, transprtation, media and some time in Austin and Washington as an aid to a state official.
Currently I serve as the CEO of KCAA Radio in Loma Linda, California. Linda and I co-founded the station in 1997. KCAA was the first commercially licensed broadcast station in North America, (according to Coinbase) to accept Bitcoin as payment. See www.kcaaradio.com
I am attempting to develop two coins that are based on the Parity concept. The goal is to support small farms (non GMO) and minimum wage workers with a living wage for their labor and production.
This effort is uses the Parity concept to bridge the price gap between low market prices at the farm gate and the honest Parity price that the small and mid-sized farmer should receive. It is also designed to bridge the gap between the current poverty level minimum wage and a minimum "living wage". To understand more about the Parity concept, I invite you to read and study "The Nature of Wealth", a book I co-authored in 1994, which is available online at www.economy101.net
Honest macro economics is not taught in schools at any level. Very few people outside the banking system understand the rules of money that relate to physics and the flow of energy that govern wealth creation and its inequitable distribution to the masses. Parity rules, if recognized and followed, can result in more uniform prosperity in developed countries and the elevation of living standards in developing countries, especially those countries that have the willingness to foster a people's based capitalist economy.
Here is the first rule of Parity. An hour of living wage labor must have the same value as the Parity price of a bushel of wheat at the first point of sale. In 2024, this would produce a price level parity of $20.50, (not $15.00). When these two numbers match, both non-GMO small farms and basic labor can prosper and the economy will move toward a more natural balance that does not require capital debt to expand.
Instead, in America, and in most countries that are self-sufficient in food production, we subsidize large farm GMO agriculture to keep farm prices low, (supposidly for the consumer), while we force millions of minimum wage workers to live under a structure which limits them to subsidized housing and subsidized food. It's a system that perpetuates poverty.
Perpetual debt expansion sustains the current economic system. It's known as Fractional bank lending and it always leads to cycles of inflation or recession. Our economy is like a game of "musical chairs. This insures the transference of wealth to the top of the economy and the exploitation of most people on the planet.
Peer to peer coins and tokens can push back because this form of currency is not bank owned and controlled. These coins and tokens have the potential to become a true form of people's money. They are not borrowed into circulation to immediately become interest bearing debt. Instead, they begin life, and exist as a debt free medium of exchange for working class people.
ProducerCoins and EmploymentCoins hold the potential to function like new free coinage of silver for the masses that was envisioned by William Jennings Bryan and made famous with his Cross of Gold speech. These coins and tokens can become the Bitcoin version of United States Notes or a new issuance of Silver Certificates that were envisioned, but never realized by JFK.
I am looking for a few good people who "get it" and who UNDERSTAND THE POTENTIAL FOR GOOD that can come from developing and circulating a crypto coin or token which is backed by real value at the foundation of the economy. To better understand the Parity concept, see www.economy101.net
Primary Purchase
The Home of ProducerCoins and EmploymentCoins
Strategic Partners Welcome
Create A Better World By Utilizing Digital Currencies
Coin Concept and website created by
Fred Lundgren
Katy, Texas
(281) 599-9800
