thanks a lot Olivier, if you hear from the english translation at some point, thanks for letting me know!<br><br><div class="gmail_quote">On Tue, Feb 8, 2011 at 12:19 PM, olivier auber <span dir="ltr"><<a href="mailto:olivierauber2@gmail.com">olivierauber2@gmail.com</a>></span> wrote:<br>
<blockquote class="gmail_quote" style="margin: 0pt 0pt 0pt 0.8ex; border-left: 1px solid rgb(204, 204, 204); padding-left: 1ex;">Bonjour matinal Michel,<br><br>Sur ce sujet, j'attire ton attention sur un auteur français à l'origine d'une très intéressante "théorie relative de la monnaie" qui permet de calculer très exactement différentes choses, notamment l'expansion de la masse monétaire conduisant à une économie durable, ainsi que le montant du Dividende Universel qui serait le vecteur de cette expansion.<br>
<br>Il s'appelle Stéphane Laborde.<br><br>Le livre est ici : <a href="http://www.creationmonetaire.info/2010/11/theorie-relative-de-la-monnaie-10.html" target="_blank">http://www.creationmonetaire.info/2010/11/theorie-relative-de-la-monnaie-10.html</a><br>
Le blog là : <a href="http://www.creationmonetaire.info/" target="_blank">http://www.creationmonetaire.info/</a><br><br>Malheureusement, tout cela n'existe qu'en français pour le moment.<br>Un traduction en anglais est en cours, je crois.<br>
<br>Amicalement<br><br>Olivier<br><br><br><br><br><br><div class="gmail_quote">2011/2/8 Michel Bauwens <span dir="ltr"><<a href="mailto:michelsub2004@gmail.com" target="_blank">michelsub2004@gmail.com</a>></span><br>
<blockquote class="gmail_quote" style="margin: 0pt 0pt 0pt 0.8ex; border-left: 1px solid rgb(204, 204, 204); padding-left: 1ex;"><div><div></div><div class="h5">
<br>Dear Sepp,<br><br>because the discussion is largely technical, this is all I can do, but perhaps you can add an extra comment?<br><br>also, if you are in contact with Marc, please give him a chance to say something about the evolution of the bibo project since december 2009,<br>
<br>Michel<br><div>
<div><br><a href="http://blog.p2pfoundation.net/understanding-the-logic-of-intervallic-periods-i-e-periods-with-riots-not-revolutions/2011/02/08" rel="prev" target="_blank"></a></div>
</div>
<p><a href="http://blog.p2pfoundation.net/?p=13869" rel="bookmark" title="Permanent Link to An update on BIBO, financial stability
standards, and the debt-virus hypothesis" target="_blank"><br></a></p>
<img src="" alt="photo of Michel Bauwens" align="left"><div>Michel
Bauwens</div>
<div>16th February 2011</div>
<br>
<p>In December 2009, Sepp Hasslberger <a>introduced
to us</a> Bibo, a proposed standard for stable currencies, that would
replace the current inherently unstable banking money system.</p>
<p>This article has become our most comment rich article, in particular
through a recurring debate between one of the Bibo co-authors Marc, and
Ardeshir Mehta.</p>
<p>Ardeshir has written an article that challenges one of the main
points of monetary reformers, i.e. that the current system leads to the
infinite creation of debt through compound interest.</p>
<p>You can find it <a href="http://homepage.mac.com/ardeshir/DebunkingTheDebt-VirusHypothesis.html" target="_blank">here</a>.</p>
<p>The context:</p>
<p><i>“Currently, most if not all money is loaned into existence by
banks, and is thus based on interest-bearing debt. There is no question
that neither interest nor debt-based money are good for society, and I
have written denouncing both debt and interest elsewhere. However,
there is a fairly common thesis, based on the fact that money is loaned
into existence as interest-bearing debt, that if new loans are not
continually being issued in ever-increasing amounts, enough money will
not be created to pay the interest on existing loans; and as a result,
at least some those loans will be defaulted upon, resulting in
inevitable foreclosures. “</i></p><br clear="all"><font color="#888888"><br>-- <br>P2P Foundation: <a href="http://p2pfoundation.net" target="_blank">http://p2pfoundation.net</a> - <a href="http://blog.p2pfoundation.net" target="_blank">http://blog.p2pfoundation.net</a> <br>
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<br></blockquote></div><font color="#888888"><br><br clear="all"><br>-- <br>Olivier Auber<br>0675038880<br>
</font></blockquote></div><br><br clear="all"><br>-- <br>P2P Foundation: <a href="http://p2pfoundation.net" target="_blank">http://p2pfoundation.net</a> - <a href="http://blog.p2pfoundation.net" target="_blank">http://blog.p2pfoundation.net</a> <br>
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