As I spend more time in a study of the spinning wheel used by Mahatma Gandhi, I see that it provided a path for the Indian people to remain independent of the European mechanization that so impoverished India. Like the Federal Reserve system in the USA and throughout the world, mechanization was used to undermine the labor value of the individual Indian.
What we need to overthrow the Fed is a path of money production that replaces fiat currency with barter. I suggest that the spinning wheel provides a real value of labor invested by the maker that can be transferred between us in the form of hand made cloth. A certain amount of hand spun cloth could be traded between us for services. We would have to determine the relative value of such exchange.
TheGandhianEconomist.blogspot.com
