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Message Subject Get rid of the money system, then get rid of goverrments
Poster Handle Anonymous Coward
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Through history, many things have been used as medium of exchange.

Here is some history: [link to projects.exeter.ac.uk]

Today's system uses interest bearing hypothecated debt as the fundamental system, however this grows the debt in an exponential manner.

Martenson points out the result in his series of you tubes:
[link to www.chrismartenson.com]

The other - very major - problem everyone misses is that the seigniorage is assigned to governments or to bankers, and that misappropriation is an error of axiomatic magnitude that amplifies itself down through time resulting in the problems we face today.

To balance the books, the money tokens - no matter what format they take - must have their face value assigned to the people who give value to the tokens. This assignment must take place at inception.

Any particular money token is a socially accepted mnemonic device. Narayana Kocherlakota points this out in his writing.
 
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