Occupy Movement Solution = Open Source Economy

This is video shows how through Open-Source, we are transitioning into what could be called a resource based economy, a world where using money or not becomes an option, a world that is healthier for the planet and all life on it.
http://opensourceeconomy.org/

Category:

Education

Tags:

• open
• source
• economy
• ecology
• free
• resource
• based

[lKnowBest]

Something like this will only be stable if you also abolish money. But in that case you have a Resource Based Economy. It could however be a nice transitional form of economy, from the current Scarcity Based Economy towards a Resource Based Economy.

[Willcleaver]

@lKnowBest I don't think abolishing money or anything for that mater is necessary. As open source hardware grows there will be less need for money, and that as you point out is a transition into a resource based economy. The way I see it, the more people who know about this, the more they will participate, the faster we will transition.

[Buffalo122333]

0:30 are you advocating laws against those who keep trade secrets? I suspect you are, why else bring up secrets.

1:20 If I have something you want and you have something I want and we both agree to trade that is the free market.

[Willcleaver]

@Buffalo122333 Not advocating laws against trade secrets, just pointing out the limitations of going that route, and available laws to protect against it if you go open-source.

[classiclibertarian]

@manilaenglish Gold prices have traditionally been stable for the past few hundred years. Once the fed was created, the price became a little more volatile. After Nixon floated the USD, Gold prices became extremely volatile, but generally increase due to price inflation policies that were followed by the Federal Reserve.

[4HITMAN7]

@manilaenglish And who are you to talk? Conspiracy theory? You mean fact. From the 1913 dollar was on a partial gold standard, fractional reserve banking was born. I was being polite and answered your childish questions. With an ounce of gold, a man could buy a fine suit of clothes in the time of Shakespeare, in that of Beethoven and Jefferson, and in the Depression of the 1930’s, 1980’s and now. Where is the inflation? Go back to sleep sheeple, we are done here.

[manilaenglish]

@4HITMAN7 You're in no position to be giving anyone a history lesson. You had just stated in your previous post that gold is immune to inflation. That mistake is worse than juvenile. I'm not going to listen to you rant conspiracy theory nonsense based on an inept understanding of currency and its history.

To make matters worse, your replies to some of my other questions were demented. I ignored your insane replies in order to keep the line of reasoning on the initial point.

The end.

[4HITMAN7]

@manilaenglish So the terms "Free Banking", "devaluation" and "The Gold Standard" is some thing new to you. The Average Life Expectancy For A Fiat Currency Is 27 Years, google it. You probably think of the Abraham Lincoln times where he had a fixed amount of money so there wouldn't be inflation. He made a bunch of money to pay for the war and then taxed the people too get the money out of the circulation, but by doing that he just took money from the people in a elegant way.

[manilaenglish]

@4HITMAN7 So that is the problem. You don't have a sound education on the history of currency.

[4HITMAN7]

@manilaenglish So by spending more that they have got they have created exponential growth which is not sustainable.

[4HITMAN7]

@manilaenglish All the FIAT currencies have failed because the government always gets to greedy. Money backed by gold,silver,... doesn't have inflation. Inflation is a hidden tax on the people. In the early days of US there was no monopoly over money there were many currencies. The whole reason FIAT was created is so the politicians can spend more money that they have, they did that so they can keep there promises to the voters so they would elect them again.

[manilaenglish]

@4HITMAN7 My point is that is what fiat is. I don't have a problem with fiat currency. I do share your sentiment toward the FED, however. The FED is a private company. Currency is the tool of government. It doesn't belong in the control of private corporations. It makes no since for a government to borrow from a private currency creator at interest. Government can and should print its own money.

[4HITMAN7]

@manilaenglish This is between the seller and buyer.

[manilaenglish]

@4HITMAN7 When you pay for a service, whether it be in fiat or in gold, do you pay before you receive the service or do they provide the service and you pay afterwards?