| Message 00282 | [Homepage] | [Navigation] | |
|---|---|---|---|
| Thread: oxenT00268 Message: 6/8 L3 | [In index] | ||
| [First in Thread] | [Last in Thread] | [Date Next] | [Date Prev] |
| [Next in Thread] | [Prev in Thread] | [Next Thread] | [Prev Thread] |
At 04:02 PM 1/17/2[PHONE NUMBER REMOVED], Kermit Snelson wrote:
And who would benefit most from privatizing what is perhaps the most vital (human-made) commons of all: cash? The exercise I suggested in the last paragraph may provide some hints.
Actually, there already are private money networks called commercial barter systems doing billions in trade every year and growing. They are closed circuits of exchange with a brokerage in the middle taking up to 15% in cash on every transaction.
LETS/cc provides the same exchange facility without the exorbitant costs and unnecessary interventions and opens them up to all.
ernie yacub _______________________ http://www.oekonux.org/
| Thread: oxenT00268 Message: 6/8 L3 | [In index] | ||
|---|---|---|---|
| Message 00282 | [Homepage] | [Navigation] | |