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Monetary Reform Discussion


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Re: MONETARY: Politics and Economics



Keith, I am going to be busy with other things for
a while, but I am going to try to work on some
efforts involving a debt-free, interest-free local
currency.  Sorry, I can't take the time to work on
possible model/prototype building at this time.

>From what I can see from the Four Demands for a
non-inflationary money system, and The Seven Steps
to Justice, this binary economics site is working on a
very significant cause of the shortage of purchasing power.

Further adjustments to ensure that money is issued when
and where as needed to purchase the physical production
that is occurring, would be politically easy; were there success
on the big one of taking out the exponential driver that is
compound interest, and restoring the issue of money to the
representatives of the people.

So I think these binary economists are definitely on the right
track.  The insights available from social credit such as how
money can be extinguished before goods are ready for sale,
are valuable of course. However, as long as the changes
embodied in the Four Demands goes unaddressed, the social
credit research on additional factors that cause purchasing
power shortage are a moot point (only until such demands
are met of course).

I think they might be following the right strategy, and have more
success, by their focus on the most serious central issues.
I also think some social crediters could learn a lot from
this effort.  I'm going to be off-list for awhile, to spend time
on trying to set up a local currency.  BTW, I did mean 'my'
rather than 'any'.

rgds
Dan Parker

----- Original Message -----
From: "Keith Wilde" <kwilde@ca.inter.net>
To: <monetaryreform@cog.kent.edu>
Sent: Monday, October 28, 2002 7:47 AM
Subject: Re: MONETARY: Politics and Economics


> At 12:42 PM 10/27/2002 -0700, you wrote:
> >... but if you ask a general
> >member of the population about monetary issues
> >such as the debt etc.  They will often have strong opinions,
> >yet have no idea of how money is created (and
> >extinguished).
>
> Yes, I was a bit too strong on this yesterday. Reviewing my experience
with
> the binary economists this morning after having looked over a graphic
> exposition of this point created by Australian social creditors (thanks to
> Wally Klinck for sending it to me) brought back the difficulty the
> binarians have had on this issue. They could have really benefitted from
> work that socreds seem to have done on the issue.
>
>
> >For myself, I see any activity...
>
> Did you mean "my activity"? That is a typo I frequently make myself.
>
> >... Whatever activity that is
> >presented that I think helps move this forward, is something
> >that I will try to do.  Model building would be my preferred
> >choice... .
>
> Could you please be more specific about what you have in mind as a
modeling
> activity?
> Keith Wilde
> Ottawa
> kwilde@ca.inter.net
> 613 990-8125
>
>
>