Political Crossfire Forums

Anyway back to the issue of transferability of money.

If you were issued a credit for your work that could only be spent by you and when you spent it it disappeared instead of going back into the "money supply" society would be an entirely different system.

No inflation, no financial crime, no bribery. They would simply be impossible because of the inherent qualities of the medium of exchange. You cannot get a more pragmatic design than that. Please, consider the implications of this.

Money would then become a true store of value without externalities to cloud the calculations and philosophy involved in creating a equitable remuneration from society toward each individual human for their efforts in supporting society. In this way the balance between maximum human liberty and the needs of collective society can be struck on truly objective grounds.

I think the thesis behind participatory economics quite brilliant and comprehensive, and at the very least represents a step in the right direction for humanity.
http://www.newformulation.org/4Dhondt2.htm

viewtopic.php?f=48&t=2012&p=89264#p89264

Some other discussion about the attendant economic pattern and the reasoning behind it.

If I'm not from that town, can I go eat at that chicken shack?