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What I’ve gotten so far is that he suggests we invert the investment utility of money as a medium of exchange. Rather than earning money for hoarding money (interest on savings), he evokes the thoughts of Silvio Gesell saying that ...money is a public good - like the telephone or bus transport...
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local / competing currencies, as I understand, are the essence of liberty and will, inevitably, lead to the universal acceptance of a gold standard. I believe the usage of localized currencies will be fairly widespread within the next 10years. the past two days, I have become very interested in Bernard...
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First of all, I would like to introduce myself. I am a computer programmer from the Netherlands. I am working on a theory of money and banking derived from the "Natural Economic Order" of Silvio Gesell. "Natural Economic Order" clearly states that the root the economic and monetary...