Silvio Gesell - Free Money & The Natural Economic Order

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General Theory of Employment, Interest and Money (1936):

"Gesell's main book is written in cool, scientific language; though it is suffused throughout by a more passionate, a more emotional devotion to social justice than some think decent in a scientist. The purpose of the book may be described as the establishment of an anti-Marxian socialism, a reaction against laissez-faire built on theoretical foundations totally unlike those of Marx in being based on an unfettering of competition instead of its abolition . . . I believe that the future will learn more from the spirit of Gesell than from that of Marx. The preface to The Natural Economic Order will indicate to the reader the moral quality of Gesell. The answer to Marxism is, I think, to be found along the lines of this preface." (p. 355).

"The idea behind Gesell's stamped money is sound." (p.357).

Gustav Landauer, anarchist: Aufruf zum Sozialismus (Berlin, 1919):

"Of great value is Silvio Gesell's proposal to introduce a medium of exchange that does not, as at present, gain in value from year to year, but, on the contrary, loses value progressively, so that anyone who has obtained possession of the medium of exchange has no other interest than to exchange it again as soon as possible for the produce of others. Gesell is one of the very few who have recognised Proudhon's greatness, and while learning from him, have succeeded in developing his theories along independent lines."

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[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!

[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

[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]

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

[doox420]

fuck currency

[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.