On Tue, Oct 18, 2011 at 2:03 AM, Marc Gauvin <[email protected]> wrote:
Finally, the purpose is also to demystify money in general and show how to prove that stability in money is trivial. The grand fallacy is that money is complicated because the economy and human nature are complicated, which is paramount to saying that units of measure as instruments, need to reflect the complexity of what they measure, which is absurd. Once demystified, stability and money understood, then it becomes obvious that with the correct technical specification, providing liquidity to all for any tranasaction and at any time in a stsble and trustworthy manner is not only doable it is trivisl. See: http://bibocurrency.org/English/stable%20money.htm ).
What the world needs is a source of unlimited stable liquidity to support any commerce at and between any level without bias to any agent. This means money is no longer a source of systematic instability. Denying such is a crime against humanity.
Although I agree with you in spirit, I have to DISAGREE with you in principle. If you're going to create a currency "ex nihilo", the ONLY way to make it stable is to have a solid foundation/vision/principles on which to base it upon -- there is no "techniquing" you way into stability without a grand narrative to UNIFY it. Here endeth the lesson, (Cheers! ;^) marcos Santa Fe, NM