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

• From: ernie yacub <yacinfo mars.ark.com>
• Date: Sun, 31 Jul 2005 09:30:58 -0700

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.
http://om.neurd.net/tiki-index.php
http://dev.openmoney.org/tiki-index.php

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?  

ernie



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• References:
  • Re: [ox-en] Re: Local economies and Gesellian theory
    • From: Stefan Merten
  • Re: [ox-en] Re: Local economies and Gesellian theory
    • From: josx
  • Re: [ox-en] Re: Local economies and Gesellian theory
    • From: magius

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