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A Framework for Monetary Stability Financial and Monetary Policy Studies Springer

Interview With John Rubino

Trace Mayer

Fri, 14 Aug 2009 11:34:05 GM

And now with these digital gold currencies as you say, they can be adopted first as . alternative. and eventually become a substitute to the current . monetary system. . While the situation is serious the prescient can take preemptive action ...

Are there any viable alternatives to the monetary system? ?
Q. Is there any reading or viewing i can do on other theories of social structure that don't revolve around the monetary system of economics? Do you think it's ever possible to live in a just and free society without money?
Asked by I Wanna Be Like Chip - Sat Dec 27 14:11:42 2008 - - 8 Answers - 0 Comments

A. I am an economist and the answer is simply "no." Money forms in societies, such as prisons or in defeated societies, without any help from anyone. In prisons it is often twinkies and/or cigarettes. In societies with a destroyed monetary system it is often cigarettes or some base commodity. Money reduces poverty, reduces waste, permits people to trade with the future rather than force all trades to happen at once as would be the case in barter, and reduces the variability of production. Money permits freedom and justice. Without money you encourage slavery and the most vile forms of the use of power. I think the problem you are really looking at is the distinction between justice and fairness and the distinction between freedom and… [cont.]
Answered by OPM - Sun Dec 28 08:53:51 2008