Re: [ox-en] Re: Money as a dominant social relation

• From: Bernard Lietaer <blietaer earthlink.net>
• Date: Tue, 22 Jul 2008 14:30:42 +0400

[1  <text/plain; ISO-8859-1 (7bit)>]
Dear Paul,

The one thing that the Terra has in common with the Bancor is its role 
as a global currency that would countercyclically stabilize the global 
system.

The differences are:
- Terra is a  currency fully backed by a basket of raw materials, while 
the bancor is a specialized global fiat currency.
- Terra doesn't require a new global treaty, while the bancor would 
require such a new institutional framework.
- Terra can be implemented privately, or publicly (such as a reformed 
IMF), while the bancor by definition would be public only.
The technical details are available in the attached White Paper.

Hope this answers your question.

Bernard

www.lietaer.com



Michel Bauwens wrote:

Dear Paul,

I'm copying Lietaer on your question,

Michel

On Thu, Jul 17, 2008 at 9:20 PM, Paul Cockshott <wpc dcs.gla.ac.uk 
<wpc dcs.gla.ac.uk>> wrote:

    [1  <text/plain; WINDOWS-1252 (8bit)>]
    How does the proposed Terra differ from Keynes proposal for the
    Bancor at the Bretton Woods conference, partially implemented,
    in the form of IMF SDR's?

    Michel Bauwens wrote:

        [Converted from multipart/alternative]

        [1 text/plain]
        Here, to add to Sam's explanation on LETS etc.. is the
        four-tiered monetary
        transformation strategy proposed by Bernard Lietaer:

        from http://www.realitysandwich.com/a_new_kind_money_end_money

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[2 Terra_WhitePaper_final.doc <application/msword>]

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• References:
  • [ox-en] There is no such thing like "peer money"
    • From: Stefan Merten
  • RE: Money as a dominant social relation (was: Re: [ox-en] There is no such thing like "peer money")
    • From: Paul Cockshott
  • Re: Money as a dominant social relation (was: Re: [ox-en] There is no such thing like "peer money")
    • From: Samuel Rose
  • RE: Money as a dominant social relation (was: Re: [ox-en] There is no such thing like "peer money")
    • From: Paul Cockshott
  • Re: Money as a dominant social relation (was: Re: [ox-en] There is no such thing like "peer money")
    • From: Samuel Rose
  • RE: Money as a dominant social relation (was: Re: [ox-en] There is no such thing like "peer money")
    • From: Paul Cockshott
  • Re: Money as a dominant social relation (was: Re: [ox-en] There is no such thing like "peer money")
    • From: Michel Bauwens
  • Re: Money as a dominant social relation (was: Re: [ox-en] There is no such thing like "peer money")
    • From: Samuel Rose
  • Re: Money as a dominant social relation (was: Re: [ox-en] There is no such thing like "peer money")
    • From: Michel Bauwens
  • [ox-en] Re: Money as a dominant social relation
    • From: Paul Cockshott
  • Re: [ox-en] Re: Money as a dominant social relation
    • From: Michel Bauwens

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