A person can learn alot, by asking themselves the deceptively simple question: "What is money?" Professor Lietaer has defined "money as, an agreement, to use a medium of exchange, in a community, as a means of payment." Fundamentally that's what money is. Money IS an agreement. It lives in the space of agreement! Complimentary Currencies help people meet each others needs, without having to deal with the National Bank-Debt-Based, Fiat Money, which has to always be kept in a state of scarcity.
You're right, that other dude was a nimrod, he didn't get what Leitaer was saying.
TreachMarkets 1 year ago
A person can learn alot, by asking themselves the deceptively simple question: "What is money?" Professor Lietaer has defined "money as, an agreement, to use a medium of exchange, in a community, as a means of payment." Fundamentally that's what money is. Money IS an agreement. It lives in the space of agreement! Complimentary Currencies help people meet each others needs, without having to deal with the National Bank-Debt-Based, Fiat Money, which has to always be kept in a state of scarcity.
CosmicFork 2 years ago
Way too true.
All of that.
Bernard L. is making a major contribution in communicating what is.
I never miss an opportunity to catch his latest thinking.
Glad that you do as well.
Thanks to you and he.
EconomicStability 2 years ago
To understand Lietar more we need simply read his "Future of Money"
MrAsiansunite 2 years ago
Again, too true.
s/b on the 101 basic required reading list.
The times they are a changing.
Thanks to he and you.
EconomicStability 2 years ago