Re: [ox-en] Re: Local economies and Gesellian theory

• From: magius <gmagius gmail.com>
• Date: Sun, 31 Jul 2005 18:02:42 +0200

On Friday 29 July 2005 13:26, josx wrote:

Some years ago everyone even doctors (like my father) or dentist (like
my mother in law) were accepting creditos as means of exchange.
Then They went to markets where everyone is selling their stuff by
creditos. But little after this there was a lot of different currencies and even
inflation.

The argentinian Red Global del Treque, imho, failed due a problem of
bad "currency design", not because the idea was wrong. To fight
inflation a good way is to apply demurrage on CC, so to cut
progressively the currency from circulation.
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Web-Site: http://www.oekonux.org/
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    • From: ernie yacub
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