Jct: Oct 16 2011 Pauper Party of Ontario founder John Turmel ask protestors if they would take small-denomination provincial bonds anyone can use to pay Hydro, taxes, medical and license fees like in Argentina where they went from broke in 2001 to all foreign debt paid off in 2006. Index of videos at http://johnturmel.com/paupers.htm or soon http://pauperparty.ca
The Argentine solution explained and re-explained. Remove the banks out of the loop avoiding usury...
I remember reading about an Austrian or German experiment (during the last Great Depression?) where community notes were issued with an expiry date to ensure people would not horde the new notes but spend them as soon as possible on real things. This got the economy going by encouraging people lto trade. The expiry date emphasised the auxillary function of the notes...
CO2TROL 4 months ago
@CO2TROL an Austrian experiment (during the last Great Depression?) where community notes were issued with an expiry date to ensure people would not horde the new notes but spend them as soon as possible on real things. This got the economy going by encouraging people to trade. The expiry date emphasised the auxillary function of the notes...
Jct: The Worgl notes. It was so successful, it was shut down by the Austrian government so everyone could go back on the dole.
kingofthepaupers 4 months ago