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Profit at any price vs. people before profit.
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@rosplinter Have you read Lietaer's The Future of Money? Im currently reading it now, I think you would love this book because he covers complementary currencies extensively. I'm working on the segment of the book where he goes over a global reference currency that could be used by those who wish to use it with a sustainability fee(i.e. demurrage charge). Good stuff.
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@venefikuz I have read most of the books put forth by Fresco as well as Joseph, including the documentaries featuring the Resource-Based Economy. I have a strong understanding of what the RBE is and how it would operate. My only problem with it is that it is so foreign to the traditional economic train of thought that it will be difficult for society at large to implement it. I see Lietear's suggestions as a valid way to attain the goal of "sustainable abundance" in the interim.
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Análisis de un gran experto sobre la situación económica. Trocobank tiene en cuenta su filosofía del esquema de crédito "business to business"
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Although I see that this could be a partial solution. The current problem is bigger. THE problem is corruption and the class regeluation between the rich and the poor. Having money makes money interest. Having no money you need to borrow and pay the bank.
If we ever want a good system we need to A) Design a system that is almost uncorruptable, maybe direct democracy. And make the laws equal for everyone, certainly when money is involved.
But ofcourse that is if we still want to use money.
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I'm starting my thesis about complementary currencies, and I'm very glad to see that there´s very intelligent people carrying out the Gesell's and Fisher's idea of the use of alternative interchange media.
I was thinking of write only about the Tumin currency system in Mexico. But I see that Lieater thoughts are far away from this small effort. Yet it's encouraging, because I found support beyond the Atlantic. Thank you.
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@marksls can't you handle arguments? :) greetings
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Love the lecture. but how do we solve this problem?: Easter island's End by Jared Diamond, In my mind it does not matter which growing economy they had there, local currencies or not. the problems was lacking resources for a growing population.... Just like we have. Don't we?
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@Downfurlife you're right it didn't... the war destroyed nearly every other developed nation and allowed the US to come out relatively unscathed with the only nuclear technology in the world and former Nazi scientists to keep it that way (away from the Russians). THAT got us out of the depression.
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The war did not get us out of the depression. Broken window..... He started with a lie. How good is the rest of the potential lies?
@nnCampagne a monetary system is obsolete, we need a resource based system (no money included) sounds like socialism but it is totally noy
venefikuz 1 year ago 8
But as continuous financial crises prove, governments have not been that effective in managing their system anyway. Regular banks already inject credit into an economy (when they feel like it) through the creation of debt. What is to stop the new age entrepreneur from doing exactly what the Rothschilds did two hundred years ago?
yaluobud 1 year ago