-Caveat Lector- >The structure I am speaking of is the nature of the design of the currency system. That is why I now have large files titled "nature of currency". I never refer to it as money because that is too laden with emotion. I do not have my head in the past- favoring a return to gold. I incline toward Hayek's basket of commodities to establish a value coupled with Bernard >Lietaer's (Gessel first) demurrage currency. Lloyd Responds: Basket of commodities requires central authority or at least a large, powerful private bank. Gold or some other commodity can evolve from individual decentralized choices and patterns of barter. Hayek too often accepted the need for central authorities. > I have tried to ask questions like does the centralization of currency creation lead to centralization of power? Lloyd Responds: Yes, of course! Once centralized it can be created out of nothing, allowing an elite to "capitalize" itself at little or no cost! >Is currency permission slips so if the banker says he is short of money (paper with >inked numbers), is he really just denying permission? Lloyd Responds: Banker is saying he won't create more currency out of nothing. "Permission" concept doesn't add much, methinks. >If money is a measure why do we run out - I never run short of meters or kilograms? Lloyd Responds: "We" don't run-out...the central authority can create more money out of nothing if they wish. Only for themselves, though, not you. >When we have a project with groups of people who want to see it done, men available to do the work, and materials also available why does it >always stall for the lack of paper and ink? Lloyd Responds: You need something in trade to get those people to forego their other projects and work on your project or the common project. If you had enough goods to barter or sell you would not founder for want of printed moneyl You have to have a store of value of some kind in order to proceed. Otherwise, how would those people eat while doing "capital investment" work? >Why are farmers in bankrupcy >because of low prices brought on by overproduction while others starve? Lloyd Responds: Simple! Why would starving people with nothing to trade be of any value to a particular farmer looking for customers? The starving people would have to trade their labor for something they could trade for food. Quite possibly, government or labor unions or both working in unison have prevented people from finding useful employment. Minimum wage laws, restrictive licensing, union enforced wage & working condition standards, etc. etc. *********************************** Lloyd Miller, Research Director for A-albionic Research (POB 20273, Ferndale, MI 48220), a ruling class/conspiracy research resource for the entire political-ideological spectrum. Quarterly journal, book sales, rare/out-of-print searches, New Paradigms Discussion List, Weekly Up-date Lists & E-text Archive of research, intelligence, catalogs, & resources. To Discuss Ideas: mailto:[EMAIL PROTECTED] http://msen.com/~lloyd/ For Ordering Info & Free Catalog: mailto:[EMAIL PROTECTED] http://a-albionic.com/formaddress.html For Discussion List: mailto:[EMAIL PROTECTED] text in body: subscribe prj <[EMAIL PROTECTED]> **FREE RARE BOOK SEARCH: <http://a-albionic.com/search.html> ** Explore Our Archive: <http://a-albionic.com/a-albionic.html> Video Finder, Free Catalogs, Links, Sweepstakes, What-Not: http://www.msen.com/~daugh/store.htm *********************************** DECLARATION & DISCLAIMER ========== CTRL is a discussion and informational exchange list. Proselyzting propagandic screeds are not allowed. Substance—not soapboxing! These are sordid matters and 'conspiracy theory', with its many half-truths, misdirections and outright frauds is used politically by different groups with major and minor effects spread throughout the spectrum of time and thought. That being said, CTRL gives no endorsement to the validity of posts, and always suggests to readers; be wary of what you read. CTRL gives no credeence to Holocaust denial and nazi's need not apply. Let us please be civil and as always, Caveat Lector. ======================================================================== To subscribe to Conspiracy Theory Research List[CTRL] send email: SUBSCRIBE CTRL [to:] [EMAIL PROTECTED] To UNsubscribe to Conspiracy Theory Research List[CTRL] send email: SIGNOFF CTRL [to:] [EMAIL PROTECTED] Om
