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

On Sunday 31 July 2005 09:02, magius wrote:

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.

i think you may be right about the design but not the solution, which is 
mutual credit systems like LETS and free software that provides a platform 
for creation and management of cc systems - here is one that could use help 
from coders and developers.

i understand that there were some other problems with RGT having to do with 
centralized control of the issuance and management of creditos, which mutual 
credit systems and free software avoid.

do you have a current report on the situation?  


Contact: projekt

Thread: oxenT02766 Message: 13/16 L10 [In index]
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