Re: Local Currency Article

[Mbindnerdc@aol.com]

I'm not saying it is a good idea.  Quite the reverse.  My point was to 
illustrate that.

In a message dated 12/10/2002 11:24:19 AM Eastern Standard Time, "Norman G. 
Kurland" <thirdway@cesj.org> writes:

>Why assume that the Tobin Tax is a good idea?  If an informed society can 
>create money for sustainable growth linked to broad-based ownership, why add 
>friction to
>that process?  The Tobin tax diverts people from the the issue of capital 
>homesteading as an alternate means for solving the world's income and wealth 
>gap.
>
>Norm Kurland
>
>Mbindnerdc@aol.com wrote:
>
>> Would non-national currencies and gold scrip be a way to evade the proposed 
>Tobin Tax (since by nature they would not be included in the taxed financial 
>system)?
>>
>> Mike Bindner
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