12-29-2008, 05:13 AM
"Has no profit motive for the system stewards."
That will never work... the system stewards, as in everything else are out for a profit of some sort. The comment "This mediums stays in the community and increases community wealth" itself proves that point.
Then you have the problem of changing coop money into Dollars so people can pay their bills, without really going outside the coop system. This could get real touchy as real values fluctuate based on things outside the coop.
or do you expect banks to just forget all those loans and start over?
They who would give up an essential liberty for temporary security, deserve neither liberty or security
Benjamin Franklin
That will never work... the system stewards, as in everything else are out for a profit of some sort. The comment "This mediums stays in the community and increases community wealth" itself proves that point.
Then you have the problem of changing coop money into Dollars so people can pay their bills, without really going outside the coop system. This could get real touchy as real values fluctuate based on things outside the coop.
or do you expect banks to just forget all those loans and start over?
They who would give up an essential liberty for temporary security, deserve neither liberty or security
Benjamin Franklin
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I do not believe that America is better than everybody else...
America "IS" everybody else.
The Wilder Side Of Hawaii
I do not believe that America is better than everybody else...
America "IS" everybody else.
The Wilder Side Of Hawaii