It must be stated here that money is only a tool; it is used as a means to exchange goods of value. Its value is only recognised by the accepted faith, the people have on money– without this, it is worthless. Money therefore has no real value. The real things of value are in the land and what we make of it. Everything around us, the land, trees, water ect, was created for our use, it is God’s creation.
Therefore if we use money as an exchange, it must be produced in correct quantities without cost. What man is physically able to produce, grow, build, and invent, must not be limited by lack of money but rather by the lack of resources. Trade need not be restricted by lack of money.
Below is a fictional story that we can relate to and learn from.  Its about an island that came up with a solution, to the money problem.
In a remote island in the South Pacific, thousands of people could feed themselves, clothe them selves in fact supply everything they ever needed. The people lived in almost paradise and never went without. This was the case until a dark day arrived in their lives. It was discovered that almost two thirds of the island’s supply of shells (money) had disappeared and also it seems their chief banker. A crisis meeting was held with all the important chiefs in attendance. It was declared that the main supply of shells had disappeared which would put the economy in a perilous position. New shells were needed desperately or trading would come to a halt.
Bankers from Europe offered the islanders printed-paper (money). But this came at a great cost, Interest would be charged at a rate of ten percent and one third of the island’s assets were needed as insurance for the banker’s big risk. They were told this would bring them up to date with the modern world.
The islanders thought long and hard about this and almost agreed with the banks to borrow the printed-paper.  Luckily a man from another island had seen this very thing happen to his own island. He told them that the banks now owned their island because they did not have the money to pay them back. They found too late that only the banks could supply this printed paper (money).
The banks forced them to give up their property and required that one third of the food they grew would now go to the banks for the next twenty years. There was much bloodshed lost over this until the united islands came in and ordered them to fulfill their agreements. The world islands bank offered them more money but this action made things worse (the interest was killing them!) The people no longer have a home, island or any possessions. They now owe more printed paper (money) than they did before.
The islanders took note of this and decided to revert back to bartering for six months until all the shells needed were collected. Although bartering was very cumbersome they thought it was a much better thing to do. A ton of wood for example was used as an exchange for six weeks supply of meat. After the shells were collected everything went back to normal.

The islanders in this story were self-sufficient and had every thing they could ever need. The shells they used for trade could easily of been replaced by rare feathers. They could also of printed their own debt-free money (If they had a printing press!) There was never any need to go into debt.

See also Money myth exploded




 In Australia as in all other countries, printed notes and coins are used as money. Money in this form represents only three percent of the money in existence; the rest exists as signed cheques, bank bills and in the form of electronic transfer. We use money as a means to represent things of value, and use it as a tool to exchange (buy or sell) things of value; it is by far a more efficient way of trading compared with bartering.

Money should only be supplied in correct quantities, - too much (over supply) then the value of money becomes devalued, inflation hits the roof. Too little (under supply) then spending will reduce so drastically that economies will collapse.
Obviously the creation of money must be regulated. It is vital that the supply of money is kept in check and in line with production of goods and services. The government elected by the people, should be the only body allowed to responsibly create money. It should not be created as debt!
 Note; Australia did create its own money in the early nineteen hundreds through its own bank the Commonwealth Bank (the people’s bank) This money was created almost debt-free for the use of Australia’s needs. Major projects such as the Indian Pacific Railway System were funded this way.
(See story of the Commonwealth bank)
Money in itself has no real value; it is created out of nothing as a bank deposit. If we were suddenly marooned on a deserted island we would quickly understand that printed money has no real value. Food and water is what we would really value. We certainly would not lie down and die because we could not buy them! Unfortunately we now put more value on money which today’s banks create as debt. We have lost sight on what is real wealth.
If Australia discovers oil, coal or any other commodity worth millions of dollars, a basis for new money creation would be achieved. Money could be created responsibly to pay for the wages and for the equipment to extract these new assets. The value of minerals extracted from the ground is a basis for creating an equivalent amount of money. It should not be done in any other way.
Unfortunately the world does not operate this way. The private banks create all new money as debt and the spiral of debt continues leaving some nations worse than others.
see link  Third World Debt