Urgent Evoke

A crash course in changing the world.

Before all of you really get into the 'how to develop new forms of payment' thing, i think theres some basic stuff you have to understand about money.

the following is a quote from moneymuseum.com:


a) Money is used as trade or monetary unit: In a
pure trade
society farmer Fred will trade shoemaker Paul 20 eggs for a pair
of shoes.
This functions if Paul needs the eggs. However, if he needs
vegetables
then it gets a little complicated. [what if the vegetable-vendor already has ten pairs of shoes - edit by jan] It would be easier if Fred
had money
to give Paul. Paul could then buy what he needs. Money is
therefore a
comparative object, a tertium comparationis ("a third
comparative
unit").



b) Money as a value storage unit: Money represents a certain value
that one
can trade at any time into wares or services. [while many objects in trading societies go bad - think milk or meat]

c) Money functions as calculation unit: A
characteristic
of the monetary economy is that the market value of a ware is
measured
by a standard value. This simplifies the comparison of the value
of two
products or services.


/Unquote.

id like to add

d) Money is the standard form of debt-settling: ignoring inflation, a loan or any other form of debt is the easiest way to measure that debt and to make sure the amount does not change over time - while the value of 'you owe me three tigers' does change over time.

also, the bartering system is plagued by inefficiencies - its called the coincidence of wants.

Id just like everyone to consider exactly this when dreaming about some new currency - it basically has to fulfill A-D in order to work precisely.

And if there was an easy solution to this, please... dont you think someone would have come up with it?

Views: 44

Comment by Ternura Rojas on April 2, 2010 at 12:15pm
Just a thought: I would add an E) bullet pointing out that "virtual money" exists, this is the money that virtually started the crisis.
What if we really start over, we create a NEW CURRENCY under more regulated grounds, a protected currency that would fairly be distributed and protect us from our human nature? (we all are greedy).
Here in Spain there are measures instated by financing entities after the crisis. These mechanisms guarantee that cash gets swiftly to bricklayers instead of getting "delayed" (euphemism for trapped ) in someone´s bank account for 3 months before payday.
Comment by Mark Mulkerin on April 2, 2010 at 12:38pm
@Jan - If there were an easy solution, I wouldn't have to keep dragging around these goats. What are these metal things you've got. They're new. Technology may make it easier ...

@Temura - You sound like the right candidate for the Mama Money Credit Card.
Comment by John D. Boyden on May 10, 2010 at 3:54pm
Ternura money can start out fairly distributed but nothing can protect us from our greedy human nature, except ourselves. AND Beware of anybody who tells you they can!
Comment by Ternura Rojas on May 10, 2010 at 5:47pm
John :-) thanks, I like your speech, it is certainly sad, but it is nothing but the truth.

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