“civilization needs a new operating system” and fast.
And Central Banks and Governments should support the efforts of innovation in that field – you know what happened in the 1930s and afterwards WW2 with 61 Million people dead.
Because many of the socio-economic rules under which we operate were created under a worldview that failed to recognize that the earth is a living system and that every form of life has its unique and valuable place and purpose in sustaining the larger web of life. (Submitted by blietaer on September 3, 2010 – 1:38 am)
Lietar is advocating a “Monetary Ecosystems” (multiple currencies not only country-wise but also purpose wise) instead of a “Monetary Monoculture” which would bring about more stability.
“The structural issue is the lack of diversity – there needs to be an optimal balance between resilience and efficiency – conditions of stability of complex flow network (like human body – blood circulatory system)”
monopoly = monoculture like in agriculture is more efficient but it is very fragile/instable, like a airplane with one motor – if the motor breaks you are screwed.
With agriculture: Monoculture is not sustainable – you will need to use a lot of chemicals (fertilizers and pesticides).
“i have never met anybody who owns a monopoly – who did not try to keep it.”
PS: ONLY IN ECUADOR – IT IS POSSIBLE – TO GET A BANK-ACCOUNT DIRECTLY@THE CENTRAL BANK OF ECUADOR – AS A PRIVATE CITIZEN.
We should do ANYTHING TO AVOID A NEW AGE OF BARBARIANISM: