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[ox-en] Re: Smári McCarthy * The End of (artificial) Scarcity


1 minutes ago Stefan Merten wrote:
How do we democratize money?

Turns out, it's easy

Money has a few features 

1. Geographically defined

2. Money is created from nothing

3. It is created through loans

4. Interest is payed on debt 

Source: The Future of Money, Bernard Liataer

We had this topic here again and again. I just want to register that
these statements are (still) so obviously wrong. But I think we
learned it's pointless to point this out. I'd welcome if we can leave
it at this this time.



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