Change Player Size
Watch this video in a new window

Silvio Gesell

A short clip about economist Silvio Gesell, one of the fathers of the complementary currency movement. More information at www.complementarycurrency.org.  
 
Customize

More From: networkeconomy

Loading...

QuickList(0)

Upgrade to Flash Player 10 for improved playback performance. Upgrade Now or get more info.
Ratings disabled
17,849 views
Want to add to Favorites? Sign In or Sign Up now!
Want to add to Playlists? Sign In or Sign Up now!
Want to flag a video? Sign In or Sign Up now!

Statistics & Data

Loading...

Video Responses (0)

This video has no Responses. Be the first to Post a Video Response.
Sign in to post a Comment

Text Comments (23)   Options

Loading...
schwupsdidups (3 months ago) Show Hide
 0
Marked as spam
please also check the video "monetary growth" by Helmut Creutz. It explains the problem of interest (compound interest) which is one of the main causes for the financial crisis. The video shows how money systems with compound interest are bound to collaps.
CIPPALA (4 months ago) Show Hide
+1
Marked as spam
the value we give money to us because we accept the money..

Gesell,Auriti,Pound...
adamfarkas11 (4 months ago)
Comment removed by author
jemjemde (5 months ago) Show Hide
 0
Marked as spam
This kind of money could help California
stylefighterdks (6 months ago) Show Hide
+2
Marked as spam
This will be the future!!! u are so right!!!
PozsonyiFarkas (6 months ago) Show Hide
+2
Marked as spam
This will be the future.
awakenedinseattle (7 months ago) Show Hide
+5
Marked as spam
What a fascinating video!--and what an innovative thinker Silvio Gesell was. I sincerely appreciate your posting this.

These ideas sound like there could be a positive future, even in light of the world's current circumstances.
markmuzenhardt (7 months ago) Show Hide
 0
Marked as spam
There is one big difference between demurrage and inflation. While demurrage is always linear, inflation is exponential! Ask youselve, why everything becomes more and more expensive in shorter and shorter periods of time! Another point of view is, that there is no way to escape inflation. With demurrage you can stop loosing money by giving credit to someone who needs it! You even didn't have to charge interest, because you would be glad to stop loosing money by demurrage!
ari100teles (8 months ago) Show Hide
 0
Marked as spam
[continues]
Paying demurrage leaves me with 99 dollars to spend at the beginning of the next month. My purchasing power has declined by 1 dollar, the same happens with inflation. If there is 1% inflation I may still have 100 dollars at the beginning of the next month but its purchasing power will be only 99 dollars. My question is what is the difference then between demurrage and inflation? Thanks for your answer in advance :)
markmuzenhardt (7 months ago) Show Hide
 0
Marked as spam
You are calculating wrong. On inflation with 1% per anno and something that costs 100$, you have to pay 101 $ for it in the first year. In following years you pay: 102,01 $, 103,03 $, 104,06$, 105,10$, ... and so on. After 100 years you had to pay 270,48 $ (!!!). This means, you have to earn 170,48 $ more to buy the same thing as 100 years ago. With Freigeld (demurrage = 1 $ per anno) you would have to add only 100$ after 100 years, no matter that your 100$ Freigeld-Note now is worthless!

Would you like to comment?

Join YouTube for a free account, or sign in if you are already a member.