Silvio Gesell - Free Money & The Natural Economic Order

[slaveincave]

I think its the best monetary system. When you put money in a bank you dont have to pay the negative interest. We would have to pay 30 percent less for goods and we would have 20 percent more of our gdp. There also is no Inflation in this. Whenever we had a monetary-system with interest, it ended up with a few people having all the money.

[kokopelli314]

Seems that some of the commenters don't understand that Gesell's idea was to give currency a much shorter lifetime to dissuade speculative hoarding. The long term effects of this are themselves however, a matter of speculation.

[spiritoftruth123]

Free-Money & Free-Land!!! The things which make for PEACE!! (Luke 9:42)

[RichardRoy2]

If these certificates were "initially payed as salaries", then how could it be clasified as free money? It cost an amount of labour. Then, they devalued it. That's what inflation does now. Just another scam that favours the initial issuer.

[911truthncDotOrg]

RichardRoy2 - it's free in there is no interest attached.

You miss the point. No one is making interest from the money.

Your initial issuer comment is not valid. No making money from the printing of money out of thin air. It provides a media of exchange and cuts out the central banksters.

[RichardRoy2]

If you have to purchase stamps to maintain its value on a regular basis, you're paying interest. The currency is still being devalued.

[911truthncDotOrg]

It is not devalued. It expires. Meaning you have to use it and not save it. Keeping the money in circulation. People should use gold and silver to store their wealth. Not paper.

[RichardRoy2]

But something happened to keep them from converting them into gold. Else why, if the inclination was to do so previously, would they not continue to convert the paper into gold to preserve the value of their efforts. And "expiring" is the same thing. If I have to pay an amount to retain it's original value, then a portion of the value has expired. ie, it's devalued.

[911truthncDotOrg]

This is an option we can use. It is not the only one that has to exist at the same time.

Towns are creating their own money. Using notes that expires means you have to use it or lose it. It stimulates the local economies. The silver and gold option is still there for storing portions of your wealth. Again, getting the central banksters out of the loop! That is the goal!

[RichardRoy2]

Actually, in telling people they have to use there money, you're just substituting the banksters for other ganksters. There have been many ideas of what should be used as an object to serve in a society. Some have said we should serve society, some the Furor, some King, some God, some progress, some country, and some the individual. This guys saying we should serve the economy. The USA's FF's thought it should be the individual.

[doox420]

fuck currency

[RichardRoy2]

Brilliant. Why didn't I think of that? Make it pregnant so I can get lot's of baby currencies. Please elaborate on this fornicular plan of yours. XP

[KamikazeKoscki]

According to Henry Kissinger, the Nobel Peace Prize winner and former secretary of state under President Nixon,

"conflicts across the globe and an international respect for Barack Obama have created the perfect setting for establishment of a New World Order.

[ClaudiaWAC]

great, thank u very much

[h8liver]

Where's the rest of the story on video?

[pmcbrighton]

excellent!