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[ox-en] No more money trickery propaganda please (was: Re: Explanation of interest)



Hi Michel and other money trickery advocates!

Last week (8 days ago) Michel Bauwens wrote:
this is not correct, demurrage-based money has existed throughout history,
in fact it is characteristic of the high phases of civilisation, such as the
first medieval renaissance

Well, I hope you know that this is propaganda. Please stop it. There
is no place for such propaganda on this list. [p2p-research] is full
of this and people who like such propaganda can easily go there.

Apart from this I think it is clear now that the ideology behind this
propaganda is not related to peer production and effectively are
actually opposed to peer production. This is another reason to not
have them here.

but you can see your point the other way: capitalist accumulation is made
much more difficult with monetary transformation, because the bonus on
capital accumulation diminishes

if favours productive capital, from workers and small businesses, against
financialization

You still have no idea how money works. Otherwise you would not write
such crap. The financial system did not lack movement of money. Now
when it lacks this movement it gets into crisis. And the so-called
"real economy" follows. Your theories are simply ignored by reality.
You are not able to explain what actually happens.


						Grüße

						Stefan
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