More Insight Into Money

Discussion in 'The big picture' started by 9anda1f, Nov 13, 2014.

  1. 9anda1f

    9anda1f Administrator Staff Member

    Joined:
    Jul 10, 2006
    Messages:
    3,046
    Likes Received:
    199
    Trophy Points:
    63
    Gender:
    Male
    Location:
    E Washington, USA
    Climate:
    Semi-Arid Shrub Steppe (BsK)
    Excellent essay by John Michael Greer this week.

    My favorite passage:
    https://thearchdruidreport.blogspot.com/2014/11/dark-age-america-hoard-of-nibelungs.html
     
  2. songbird

    songbird Senior Member

    Joined:
    Sep 12, 2013
    Messages:
    1,778
    Likes Received:
    142
    Trophy Points:
    63
    Occupation:
    gardening, reading, etc
    Location:
    near St. Charles, MI, USoA
    Home Page:
    Climate:
    -15C-35C, 10cm rain/mo, clay, full sun, K-G Dfa=x=Dfb
    yes, i'd agree with that last bit especially.

    i much prefer a barter system, but with the problem of the extended trust network being too difficult to manage for a single person to interact on a larger scale, there seems to be needed some mechanism for saying "this person's X is trustworthy" at a distance, and as you can see that even money has it's own problems in that regards (counterfeiting).

    money provides a very flexible mechanism for that sort of thing and it doesn't need a trust certificate to go along with it (as long as it is not too widely counterfeited).

    so the quandary is in any system of transactions always involves basic measures of trust in one form or another, i think the arguments both pro and con are that money removes the person from the transaction in some manner. the pro is that it makes it quick and efficient to not have to run a background scan on every transaction, the con is that sometimes you really should know the full details of the transaction...
     
  3. greentechcenter

    greentechcenter Junior Member

    Joined:
    Nov 20, 2014
    Messages:
    14
    Likes Received:
    0
    Trophy Points:
    0
    That's explains the problem of very well.

    Excellent writing. Thanks gandalf.
     
  4. Topher

    Topher Junior Member

    Joined:
    Feb 19, 2015
    Messages:
    25
    Likes Received:
    2
    Trophy Points:
    3
    Occupation:
    Energy & Permaculture Consultant
    Location:
    Midcoast Maine
    Home Page:
    Climate:
    Cold Temperate
    Barter doesn't fix the problem of externalization. How do you account for pollution, for example?

    Thank You Kindly,
    Topher
     

Share This Page

-->