Comments for Beyond Money

Comment on CNN reports on Philadelphia’s local currency by Thomas H. Greco

Thomas H. Greco — Mon, 30 Jan 2012 19:34:09 +0000

I’m not fully apprised of recent developments there so I don’t have definitive answers. You can contact them directly. Just search on Equal Dollars. Originally, it was set up as a currency issued by the administrative body within RHD. I’ve tried to guide them on the proper issuance of currency to avoid debasement, but I’m not sure if they’ve always followed my advice.

Comment on CNN reports on Philadelphia’s local currency by Arnaldo Spicacci

Arnaldo Spicacci — Mon, 30 Jan 2012 19:06:11 +0000

I mean, the issuance of certificates is it centralised and if so there has to be an greeement among members which are producers and labourers? Is it so? Thanks

Comment on CNN reports on Philadelphia’s local currency by Arnaldo Spicacci

Arnaldo Spicacci — Mon, 30 Jan 2012 19:00:07 +0000

Thanks Tom, great Video.

But how do you start all this? Who is authorised to issue hours/money?

Thanks,
Arnaldo

Comment on Money, “Free Trade” and “the China Problem” by Thomas H. Greco

Thomas H. Greco — Mon, 30 Jan 2012 18:17:23 +0000

Your argument is not with me but with Prof. Fekete I specifically said in my introduction that I DO NOT favor a gold standard. Still, I think you’re reading more into the article than what it actually says. Bottom line: ALL governments abuse and manipulate their currencies. They always try to shift the blame for the consequences.

Comment on Money, “Free Trade” and “the China Problem” by brucecarson2008

brucecarson2008 — Sun, 29 Jan 2012 20:19:37 +0000

Wait, so the complaint here is that the US is not rewarding China’s trade imbalance by giving China gold in exchange? Instead of selling China government debt, we should literally give them gold – where the hell would we get this gold or silver?

If China doesn’t want fiat currency in exchange for low value consumer goods, they should allow their own fiat currency to increase in value. But China won’t do that, because they intentionally want to maintain a trade surplus, because the CCP is openly Mercantile. If the US used the gold standard, we would quickly run out of gold and international trade would collapse, impoverishing both China and the US.

At the end of the article, you imply the US will go to war if China stops accepting US dollars. Laughable. In fact, China would just effectively embargo itself from many export markets, and the US, India, Malaysia and others would take all the manufacturing jobs China would lose.

And China has a trade deficit with a number of nations, are all these nations addicts of China’s opium, i.e. it’s theoretically valueless fiat currency, the Yuan, which is just as much a fiat currency as the dollar?

Comment on Obama Flushes American Dream in SoU Speech by Hope Trading Community

Hope Trading Community — Sun, 29 Jan 2012 17:55:54 +0000

I have considered the view put forth in the video that elections are rigged. I saw Ron Paul speak in Freeport, Maine January 28; hundreds turned out to hear him. It’s apparent there is an energized movement of people committed to liberty and justice; it’s also clear that the most potent change is going to come from the private sector apart from the seemingly hopelessly corrupt, bloated government. And more than any other solution, private mutual credit exchanges are going to unite people in coherent, beneficial societies while governments rot in decay.

Comment on E. C. Riegel – Master of Monetary Truth by Paul Little

Paul Little — Sun, 29 Jan 2012 13:56:15 +0000

Mr. Greco: I first came upon you and Mr. Bernard Lietaer on the pod cast, “themoneyfix.org.” Yours and Mr. Lietaer’s insights have influenced my thoughts tremendously! I am particularly interested in two things: One, how does one start an “equity bank or corporation?” and Second, I sent an e-mail to Bill Moyers asking him to have you as a guest along with Mr. Lietaer on his new show: Bill Moyers which currently airs on “The Create Channel” on WQED locally.
As an aside, are you going to lecture in Pittsburgh sometime? I would love to listen to your lecture. Your comments on J. K. Galbraith in “themoneyfix” and his description of money were subtly sarcastic and very insightful!
Paul Little

Comment on The 100% solution: non-violent organizing for the common good by philo

philo — Sat, 28 Jan 2012 19:55:12 +0000

We’re supposed to be governed by a constitution written by men who know what equality is as opposed to men who believe an illumined elite should run the planet. Equality would be no controlled conflict over progressive taxation and a public currency issued equally to the producers of the public. Then, through the process of free market forces, the means of production would end up being owned by the people who use it to produce things. In other words, if you’re not there every day contributing to the production in some way, you’re not going to get paid, and you’ll have to sell what assets you have to cover the cost of your own maintenance. Everyone would be taking care of themselves – no parasites.

Comment on Banks too big to fail; bankers too powerful to jail. by Banks too big to fail … « Bill Totten's Weblog

Banks too big to fail … « Bill Totten's Weblog — Thu, 26 Jan 2012 02:56:54 +0000

[...] http://beyondmoney.net/2012/01/25/banks-too-big-to-fail-bankers-too-powerful-to-jail/ [...]

Comment on Banks too big to fail; bankers too powerful to jail. by philoplatt

philoplatt — Wed, 25 Jan 2012 20:59:32 +0000

Let’s see, an industry that has producers throwing their wealth at it for nothing in return, foreclosing on homes when they never lent anything in the first place, I can see why we wouldn’t want that to fail. Could I be the first monetary reformist to be working on a program for smooth transition to post-bank world? There are issues to be addressed such as how to protect those who will be deemed as “fair game” by a large percentage of the population.