Josef Davies-Coates's Discussions
A parallel currency in south England
Replied Jul. 31, 2008
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© 2009 Created by Eric Harris-Braun on Ning. Create Your Own Social Network
Replied Jul. 31, 2008
© 2009 Created by Eric Harris-Braun on Ning. Create Your Own Social Network
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Thanks for introducing yourself! We expect to launch Community Way in mid-September. And we are currently signing up interested business (i.e. early adopters). Let me know if you have more questions. I'll answer 'em. Also, where are you located?
Interest is just another type of tax or friction in the system. It can be deployed to good purposes, but if it is a tool for trolls and bandits to extract their share rather than a tool of progressive public policy it is no different than any other corruption (which also shows up as a tax on legitimate commerce).
I have to clear that is network transcends and includes the Mexico event Josef. Its a space for gardening open money and what comes near its radar.
thanks for putting up that video (Money As Debt) which I enjoyed very much to watch. I can't find it any more, but saw a comment of Michael Linton who says that interest is not the problem, and that we shouldn't really directly try to reform the current monetary system.
Well, for my part, I enjoyed the video and think that the main point it made wasn't really the bad effects of interest, but the fact that money is being created as a debt by the banks. The solution it proposes - to create money directly as an issue by government and then spend it into existence, i.e. introduce it into the economy by paying for infrastructure works, would certainly be a big improvement over what we currently have.
nice to see you here :)
i hope you make it. i'd love to see some cross-pollinating between alternatives indymedia, wiser and open money :)
sheri