<html><head></head><body style="word-wrap: break-word; -webkit-nbsp-mode: space; -webkit-line-break: after-white-space; ">Stephane, <div><br></div><div>In cosmology, expansion and especially super-fast expansion of space at the time of the big bang is theorized, just as the big bang itself is theorized, but that does not mean either one of it actually happened. I am not a believer in either the big bang nor in expansion theory.</div><div><br></div><div>In the economy, inflation may be what we have had many times in the past, and what we also have today, but that does not make it right - in my view - to design a currency that will lead to constant inflation by its very design, especially when it would be easy to avoid that. </div><div><br></div><div>I can see that the constant emission of new money by every participant would tend to counter-act the effects of inflation on the individuals who are participating, but I do believe that prices should not be going up routinely just because our monetary system is not designed to be stable. </div><div><br></div><div>Kind regards</div><div>Sepp</div><div><br></div><div><br></div><div><br><div>
<span class="Apple-style-span" style="border-collapse: separate; color: rgb(0, 0, 0); font-family: Geneva; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: 2; text-align: auto; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-border-horizontal-spacing: 0px; -webkit-border-vertical-spacing: 0px; -webkit-text-decorations-in-effect: none; -webkit-text-size-adjust: auto; -webkit-text-stroke-width: 0px; font-size: medium; "><span class="Apple-style-span" style="border-collapse: separate; color: rgb(0, 0, 0); font-family: Helvetica; font-size: medium; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-border-horizontal-spacing: 0px; -webkit-border-vertical-spacing: 0px; -webkit-text-decorations-in-effect: none; -webkit-text-size-adjust: auto; -webkit-text-stroke-width: 0px; "><div style="word-wrap: break-word; -webkit-nbsp-mode: space; -webkit-line-break: after-white-space; "><span class="Apple-style-span" style="border-collapse: separate; color: rgb(0, 0, 0); font-family: Helvetica; font-size: medium; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-border-horizontal-spacing: 0px; -webkit-border-vertical-spacing: 0px; -webkit-text-decorations-in-effect: none; -webkit-text-size-adjust: auto; -webkit-text-stroke-width: 0px; "><span class="Apple-style-span" style="border-collapse: separate; color: rgb(0, 0, 0); font-family: Helvetica; font-size: medium; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-border-horizontal-spacing: 0px; -webkit-border-vertical-spacing: 0px; -webkit-text-decorations-in-effect: none; -webkit-text-size-adjust: auto; -webkit-text-stroke-width: 0px; "><span class="Apple-style-span" style="border-collapse: separate; color: rgb(0, 0, 0); font-family: Helvetica; font-size: medium; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-border-horizontal-spacing: 0px; -webkit-border-vertical-spacing: 0px; -webkit-text-decorations-in-effect: none; -webkit-text-size-adjust: auto; -webkit-text-stroke-width: 0px; "><span class="Apple-style-span" style="border-collapse: separate; color: rgb(0, 0, 0); font-family: Helvetica; font-size: medium; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-border-horizontal-spacing: 0px; -webkit-border-vertical-spacing: 0px; -webkit-text-decorations-in-effect: none; -webkit-text-size-adjust: auto; -webkit-text-stroke-width: 0px; "><span class="Apple-style-span" style="border-collapse: separate; color: rgb(0, 0, 0); font-family: Helvetica; font-size: medium; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-border-horizontal-spacing: 0px; -webkit-border-vertical-spacing: 0px; -webkit-text-decorations-in-effect: none; -webkit-text-size-adjust: auto; -webkit-text-stroke-width: 0px; "><span class="Apple-style-span" style="border-collapse: separate; color: rgb(0, 0, 0); font-family: Helvetica; font-size: medium; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-border-horizontal-spacing: 0px; -webkit-border-vertical-spacing: 0px; -webkit-text-decorations-in-effect: none; -webkit-text-size-adjust: auto; -webkit-text-stroke-width: 0px; "><span class="Apple-style-span" style="border-collapse: separate; color: rgb(0, 0, 0); font-family: Helvetica; font-size: medium; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-border-horizontal-spacing: 0px; -webkit-border-vertical-spacing: 0px; -webkit-text-decorations-in-effect: none; -webkit-text-size-adjust: auto; -webkit-text-stroke-width: 0px; "><span class="Apple-style-span" style="border-collapse: separate; color: rgb(0, 0, 0); font-family: Helvetica; font-size: medium; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-border-horizontal-spacing: 0px; -webkit-border-vertical-spacing: 0px; -webkit-text-decorations-in-effect: none; -webkit-text-size-adjust: auto; -webkit-text-stroke-width: 0px; "><span class="Apple-style-span" style="border-collapse: separate; color: rgb(0, 0, 0); font-family: Helvetica; font-size: medium; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-border-horizontal-spacing: 0px; -webkit-border-vertical-spacing: 0px; -webkit-text-decorations-in-effect: none; -webkit-text-size-adjust: auto; -webkit-text-stroke-width: 0px; "><span class="Apple-style-span" style="border-collapse: separate; color: rgb(0, 0, 0); font-family: Helvetica; font-size: medium; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-border-horizontal-spacing: 0px; -webkit-border-vertical-spacing: 0px; -webkit-text-decorations-in-effect: none; -webkit-text-size-adjust: auto; -webkit-text-stroke-width: 0px; "><span class="Apple-style-span" style="border-collapse: separate; color: rgb(0, 0, 0); font-family: Helvetica; font-size: medium; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-border-horizontal-spacing: 0px; -webkit-border-vertical-spacing: 0px; -webkit-text-decorations-in-effect: none; -webkit-text-size-adjust: auto; -webkit-text-stroke-width: 0px; "><span class="Apple-style-span" style="border-collapse: separate; color: rgb(0, 0, 0); font-family: Helvetica; font-size: medium; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-border-horizontal-spacing: 0px; -webkit-border-vertical-spacing: 0px; -webkit-text-decorations-in-effect: none; -webkit-text-size-adjust: auto; -webkit-text-stroke-width: 0px; "><div style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; font: normal normal normal 16px/normal Helvetica; min-height: 19px; font-size: 16px; "><span class="Apple-style-span" style="font-size: medium; "><font class="Apple-style-span" size="4"><span class="Apple-style-span" style="font-size: 16px; "><div style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; font-size: 20px; "><b><i>"The individual is supreme and finds the way through intuition"</i></b></div><div style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; font: normal normal normal 16px/normal Helvetica; min-height: 19px; font-size: 19px; "><br></div><div style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; font-size: 24px; "><span class="Apple-style-span" style="font-size: 20px; "><a href="http://www.newmediaexplorer.org/sepp/">http://www.newmediaexplorer.org/sepp/</a></span> </div><div style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; font-size: 20px; "><a href="http://www.laleva.org">http://www.laleva.org</a></div><div style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; font: normal normal normal 16px/normal Helvetica; min-height: 19px; font-size: 23px; "><span class="Apple-style-span" style="font-size: 20px; "><a href="http://blog.hasslberger.com/">http://blog.hasslberger.com/</a></span> </div><div style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; font: normal normal normal 16px/normal Helvetica; min-height: 19px; font-size: 20px; "><a href="http://www.facebook.com/hasslberger">http://www.facebook.com/hasslberger</a></div><div style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; font: normal normal normal 16px/normal Helvetica; min-height: 19px; font-size: 20px; "><div><a href="http://twitter.com/healthsupreme">http://twitter.com/healthsupreme</a></div></div><div style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; font: normal normal normal 16px/normal Helvetica; min-height: 19px; font-size: 20px; "><br></div><div style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; font: normal normal normal 16px/normal Helvetica; min-height: 19px; font-size: 20px; ">.</div></span></font></span></div></span></span></span></span></span></span></span></span></span></span></span></span></div></span></span>
</div>
<br><div><div>On Feb 9, 2011, at 9:03 PM, St�phane Laborde wrote:</div><br class="Apple-interchange-newline"><blockquote type="cite">
<div bgcolor="#ffffff" text="#000000">
I'm afraid you think as classical economics fail as well as Newton
fails in front of Einstein.<br>
<br>
Sapce Inflate
<a class="moz-txt-link-freetext" href="http://en.wikipedia.org/wiki/Inflation_%28cosmology%29">http://en.wikipedia.org/wiki/Inflation_%28cosmology%29</a><br>
<br>
Why ? If not gravitation would have collapse all energy in a big
black hole...<br>
<br>
For the same reason there is no problem with money inflation. There
is only problem when it is a CENTER who inflate the money to a
benefice of a little part of population, and no compensation to
others.<br>
<br>
Prices don't go high when creativity create new goods. But when
creativity create new goods, and money is CENTRALISED, then
exchanges are not possible, and the inflation CENTER take all the
old and new goods for itself.<br>
<br>
Another extremely important point is the CHANGE of generation on
earth. Money creation HAS NO RIGHT to be done by a generation
without the next one. Every human paticipate in the money system.
Present and future members.<br>
<br>
So to be faire with all members present of future the RELATIVE part
of money SHOULD BE THE SAME for all time.<br>
<br>
That is to say dm / m = Constant in time.<br>
<br>
Easy college mathematic problem => M(t) = M(0) Exp (c*t)<br>
<br>
Which "c" is ok ?<br>
<br>
Given a life expectancy of "ev" for a population, the relative sum
of money created for each member should be the same during his all
life =><br>
<br>
Sum ( t0 -> t0+ev) Exp (ct) = 99%<br>
<br>
Is ok for an ev = 80 years with <b>c = ln (100) / ev => c =
5,75% / year</b><br>
<br>
All this is part of the demonstration of Relative Money Theory :
<a class="moz-txt-link-freetext" href="http://www.creationmonetaire.info/2010/11/theorie-relative-de-la-monnaie-10.html">http://www.creationmonetaire.info/2010/11/theorie-relative-de-la-monnaie-10.html</a><br>
<br>
It is also compatible with reality :
<a class="moz-txt-link-freetext" href="http://1.bp.blogspot.com/_EZMGVwURo3M/ScB_j8V3yWI/AAAAAAAAA2E/ipvj1Y0u9y4/s400/ScreenHunter_002v2-734356.gif">http://1.bp.blogspot.com/_EZMGVwURo3M/ScB_j8V3yWI/AAAAAAAAA2E/ipvj1Y0u9y4/s400/ScreenHunter_002v2-734356.gif</a><br>
<br>
And GOLD or ANY FIXED MONEY is a great MISSANDERSTOOD of the nature
of RELATIVE NATURE OF THE UNIVERSE :
<a class="moz-txt-link-freetext" href="http://translate.google.com/translate?hl=fr&sl=auto&tl=en&u=http%3A%2F%2Fwww.creationmonetaire.info%2F2010%2F09%2Flor-son-plus-haut-historique-vraiment.html">http://translate.google.com/translate?hl=fr&sl=auto&tl=en&u=http%3A%2F%2Fwww.creationmonetaire.info%2F2010%2F09%2Flor-son-plus-haut-historique-vraiment.html</a><br>
<br>
The problem IS NOT inflation of money which is ok SINCE 10 000
YEARS. The problem is when it is a CENTER OF EMISSION who do it
privating people of FREE EXCHANGE with the UNIVERSAL TOOL, that
money represents.<br>
<pre class="moz-signature" cols="72">St�phane Laborde
9, rue Ganneron, 75018 PARIS
Tel. 09 54 87 03 18
Mobile : 06 64 42 25 99</pre>
<br>
Le 09/02/2011 20:22, Sepp Hasslberger a �crit :
<blockquote cite="mid:E17666BC-4760-4B1E-A2A4-C82AF87ACE95@lastrega.com" type="cite">Dear Michel, Stephane,
<div><br>
</div>
<div>I have looked at the English introduction pages,
unfortunately my French is not good enough to understand
something fairly technical and complex. </div>
<div><br>
</div>
<div>While I am happy to see that there is a universal dividend
incorporated into this money system, I am not sure that it will
work. As far as I can understand, there is monthly money
creation by all members of the system, and with time the
monetary mass will grow, actually the graphic for growth of
monetary mass assuming a fixed number of members on this page</div>
<div><br>
</div>
<div><a moz-do-not-send="true" href="http://www.open-udc.org/en/money_rules">http://www.open-udc.org/en/money_rules</a></div>
<div><br>
</div>
<div>shows that there is a rather steep increase of the monetary
mass, all serving the same number of members. This means that
the currency will be inflationary by design. More money for the
same amount of business means that products, or anything that is
exchanged in this economy, will come to cost more and more as
time passes. One could also say that each unit of money will be
worth less and less as time passes. This is not a good basis for
a monetary system. </div>
<div><br>
</div>
<div>It would be rather easy however, to engineer the system for
price stability. All that would need to be done is for the money
to be created with a date of expiry. Each unit on monetary
value, once it has been created, would need to start losing some
of its nominal value every month, until it expires (has no more
value) at the end of a period to be determined. This would make
sure that the monetary mass could be stable in the case of a
fixed number of members. After the period of initialization,
money created equals money lost to expiry. No inflation of
prices would ensue, because the monetary mass stays constant.
Such a mechanism would also mean that the monetary mass could
grow in line with a growing number of members. The total
monetary mass would thus depend on the number of participants,
and prices in the system would tend to be stable. </div>
<div><br>
</div>
<div>Without such a mechanism, I am afraid the system would not be
workable. Money, to be used for real commerce, should have
reasonably stable value over time. Only by limiting the total
monetary mass in accordance with the number of members, can this
goal be reached. </div>
<div><br>
</div>
<div>Kind regards</div>
<div>Sepp</div>
<div><br>
</div>
<div><br>
</div>
<div><br>
<div>
<div style="word-wrap: break-word; font-family: Helvetica;"><span class="Apple-style-span" style="border-collapse: separate; font-family: Helvetica; font-size: medium; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; "><span class="Apple-style-span" style="border-collapse: separate; font-family: Helvetica; font-size: medium; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; "><span class="Apple-style-span" style="border-collapse: separate; font-family: Helvetica; font-size: medium; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; "><span class="Apple-style-span" style="border-collapse: separate; font-family: Helvetica; font-size: medium; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; "><span class="Apple-style-span" style="border-collapse: separate; font-family: Helvetica; font-size: medium; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; "><span class="Apple-style-span" style="border-collapse: separate; font-family: Helvetica; font-size: medium; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; "><span class="Apple-style-span" style="border-collapse: separate; font-family: Helvetica; font-size: medium; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; "><span class="Apple-style-span" style="border-collapse: separate; font-family: Helvetica; font-size: medium; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; "><span class="Apple-style-span" style="border-collapse: separate; font-family: Helvetica; font-size: medium; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; "><span class="Apple-style-span" style="border-collapse: separate; font-family: Helvetica; font-size: medium; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; "><span class="Apple-style-span" style="border-collapse: separate; font-family: Helvetica; font-size: medium; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; "><span class="Apple-style-span" style="border-collapse: separate; font-family: Helvetica; font-size: medium; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; ">
<div style="margin: 0px; font: 16px
Helvetica; min-height: 19px;"><span class="Apple-style-span" style="font-size: medium;"><font class="Apple-style-span" size="4"><span class="Apple-style-span" style="font-size: 16px;">
<div style="margin: 0px;
font-size: 20px;"><b><i>"The
individual is supreme
and finds the way
through intuition"</i></b></div>
<div style="margin: 0px;
font: 19px Helvetica;
min-height: 19px;"><br>
</div>
<div style="margin: 0px;
font-size: 24px;"><span class="Apple-style-span" style="font-size: 20px;"><a moz-do-not-send="true" href="http://www.newmediaexplorer.org/sepp/"><font color="red"><b>MailScanner has detected a possible fraud attempt from "www.newmediaexplorer.org" claiming to be</b></font> http://www.newmediaexplorer..org/sepp/</a></span> </div>
<div style="margin: 0px;
font-size: 20px;"><a moz-do-not-send="true" href="http://www.laleva.org/">http://www.laleva.org</a></div>
<div style="margin: 0px;
font: 23px Helvetica;
min-height: 19px;"><span class="Apple-style-span" style="font-size: 20px;"><a moz-do-not-send="true" href="http://blog.hasslberger.com/">http://blog.hasslberger.com/</a></span> </div>
<div style="margin: 0px;
font: 20px Helvetica;
min-height: 19px;"><a moz-do-not-send="true" href="http://www.facebook.com/hasslberger">http://www.facebook.com/hasslberger</a></div>
<div style="margin: 0px;
font: 20px Helvetica;
min-height: 19px;">
<div><a moz-do-not-send="true" href="http://twitter.com/healthsupreme">http://twitter.com/healthsupreme</a></div>
</div>
<div style="margin: 0px;
font: 20px Helvetica;
min-height: 19px;"><br>
</div>
<div style="margin: 0px;
font: 20px Helvetica;
min-height: 19px;">.</div>
</span></font></span></div>
</span></span></span></span></span></span></span></span></span></span></span></span></div>
</div>
<br>
<div>
<div>On Feb 8, 2011, at 7:05 AM, Michel Bauwens wrote:</div>
<br class="Apple-interchange-newline">
<blockquote type="cite">Many thanks Stephane,<br>
<br>
I have created a overview page at <a moz-do-not-send="true" href="http://p2pfoundation.net/Open-Universal_Digital_Currency_Project">http://p2pfoundation.net/Open-Universal_Digital_Currency_Project</a><br>
<br>
Dear Sepp, could you have a look, present this project and
eventually put it into context of other projects in this
related space?<br>
<br>
I think the innovative part here is that it is directly
linked to the mechanism of the universal dividend, and this
is why it's particularly worth supporting,<br>
<br>
Michel<br>
<br>
<div class="gmail_quote">On Tue, Feb 8, 2011 at 12:45 PM,
St�phane Laborde <span dir="ltr"><<a moz-do-not-send="true" href="mailto:laborde_stephane@yahoo.fr">laborde_stephane@yahoo.fr</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;">
<div bgcolor="#ffffff" text="#000000"> You can present
Open-UDC with :<br>
<br>
General presentation : <a moz-do-not-send="true" href="http://www.open-udc.org/en/start" target="_blank">http://www.open-udc.org/en/start</a><br>
<br>
And Money Rules : <a moz-do-not-send="true" href="http://www.open-udc.org/en/money_rules" target="_blank">http://www.open-udc.org/en/money_rules</a><br>
<br>
You can add that Open-UDC go with a a progressive goal
following three steps :<br>
<br>
1) Implementation with centralised server<br>
2) Implementation with hierarchical organisation<br>
3) Implementation with P2P System<br>
<br>
Money rules are a money system named Open-UDC. The
technical system in charge of the money rules is
independant of Open-UDC and named Open-UDS.<br>
<pre cols="72">St�phane Laborde
9, rue Ganneron, 75018 PARIS
Tel. 09 54 87 03 18
Mobile : 06 64 42 25 99</pre>
<br>
Le 08/02/2011 06:36, Michel Bauwens a �crit :
<blockquote type="cite">
<div>
<div class="h5">Cher Stephane,<br>
<br>
If you have any non-technical text on this, I'd
like to announce it on the p2p foundation blog,<br>
<br>
Un grand merci!<br>
<br>
Michel<br>
<br>
<div class="gmail_quote">On Tue, Feb 8, 2011 at
12:34 PM, Michel Bauwens <span dir="ltr"><<a moz-do-not-send="true" href="mailto:michelsub2004@gmail..com" target="_blank">michelsub2004@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;">didn't
know that one! will definitely check out and
add to <a moz-do-not-send="true" href="http://p2pfoundation.net/Category:Money" target="_blank">http://p2pfoundation.net/Category:Money</a>,<br>
<font color="#888888"><br>
Michel</font>
<div>
<div><br>
<br>
<div class="gmail_quote">On Tue, Feb 8,
2011 at 12:29 PM, olivier auber <span dir="ltr"><<a moz-do-not-send="true" href="mailto:olivierauber2@gmail.com" target="_blank">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;">Ok!<br>
<br>
J'oubliais, La Th�orie Relative de
la Monnaie (TRM) est la base du
d�veloppement du <br>
<h1>Open-Universal Digital Currency
project</h1>
<a moz-do-not-send="true" href="http://www.open-udc.org/en/start" target="_blank">http://www.open-udc.org/en/start</a><br>
<br>
Et �a c'est en anglais, entre
autres...
<div>
<div><br>
<br>
Olivier<br>
<br>
<div class="gmail_quote">2011/2/8
Michel Bauwens <span dir="ltr"><<a moz-do-not-send="true" 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;">thanks a
lot Olivier, if you hear
from the english translation
at some point, thanks for
letting me know!
<div>
<div><br>
<br>
<div class="gmail_quote">On
Tue, Feb 8, 2011 at
12:19 PM, olivier
auber <span dir="ltr"><<a moz-do-not-send="true" href="mailto:olivierauber2@gmail.com" target="_blank">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 fran�ais �
l'origine d'une tr�s
int�ressante
"th�orie relative de
la monnaie" qui
permet de calculer
tr�s exactement
diff�rentes choses,
notamment
l'expansion de la
masse mon�taire
conduisant � une
�conomie durable,
ainsi que le montant
du Dividende
Universel qui serait
le vecteur de cette
expansion.<br>
<br>
Il s'appelle
St�phane Laborde.<br>
<br>
Le livre est ici : <a moz-do-not-send="true" 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 l� : <a moz-do-not-send="true" href="http://www.creationmonetaire.info/" target="_blank">http://www.creationmonetaire.info/</a><br>
<br>
Malheureusement,
tout cela n'existe
qu'en fran�ais 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 moz-do-not-send="true" 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> <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>
</div>
</div><p><a moz-do-not-send="true" 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 moz-do-not-send="true" src="x-msg://159/" alt="photo of Michel Bauwens" align="left">
<div>Michel
Bauwens</div>
<div>16th
February 2011</div>
<br><p>In December
2009, Sepp
Hasslberger <a moz-do-not-send="true">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 moz-do-not-send="true" 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 moz-do-not-send="true" href="http://p2pfoundation.net/" target="_blank">http://p2pfoundation.net</a>
- <a moz-do-not-send="true" href="http://blog.p2pfoundation.net/" target="_blank">http://blog.p2pfoundation.net</a>
<br>
<br>
Connect: <a moz-do-not-send="true" href="http://p2pfoundation.ning.com/" target="_blank">http://p2pfoundation.ning.com</a>;
Discuss: <a moz-do-not-send="true" href="http://lists.ourproject.org/cgi-bin/mailman/listinfo/p2p-foundation" target="_blank">http://lists.ourproject.org/cgi-bin/mailman/listinfo/p2p-foundation</a><br>
<br>
Updates: <a moz-do-not-send="true" href="http://del.icio.us/mbauwens" target="_blank">http://del.icio.us/mbauwens</a>;
<a moz-do-not-send="true" href="http://friendfeed.com/mbauwens" target="_blank">http://friendfeed.com/mbauwens</a>;
<a moz-do-not-send="true" href="http://twitter.com/mbauwens" target="_blank">http://twitter.com/mbauwens</a>;
<a moz-do-not-send="true" href="http://www.facebook.com/mbauwens" target="_blank"><font color="red"><b>MailScanner has detected a possible fraud attempt from "www.facebook.com" claiming to be</b></font> http://www.facebook..com/mbauwens</a><br>
<br>
Commons
Strategies
Group, <a moz-do-not-send="true" href="http://www.commonsstrategies.org/" target="_blank">http://www.commonsstrategies.org/</a><br>
<br>
<br>
<br>
<br>
<br>
<br>
</font><br>
</div>
</div>
_______________________________________________<br>
P2P Foundation -
Mailing list<br>
<a moz-do-not-send="true" href="http://www.p2pfoundation.net/" target="_blank">http://www.p2pfoundation.net</a><br>
<a moz-do-not-send="true" href="https://lists.ourproject.org/cgi-bin/mailman/listinfo/p2p-foundation" target="_blank">https://lists.ourproject.org/cgi-bin/mailman/listinfo/p2p-foundation</a><br>
<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 moz-do-not-send="true" href="http://p2pfoundation.net/" target="_blank"><font color="red"><b>MailScanner has detected a possible fraud attempt from "p2pfoundation.net" claiming to be</b></font> http://p2pfoundation..net</a>
- <a moz-do-not-send="true" href="http://blog.p2pfoundation.net/" target="_blank">http://blog.p2pfoundation.net</a>
<br>
<br>
Connect: <a moz-do-not-send="true" href="http://p2pfoundation.ning.com/" target="_blank">http://p2pfoundation.ning.com</a>;
Discuss: <a moz-do-not-send="true" href="http://lists.ourproject.org/cgi-bin/mailman/listinfo/p2p-foundation" target="_blank">http://lists.ourproject.org/cgi-bin/mailman/listinfo/p2p-foundation</a><br>
<br>
Updates: <a moz-do-not-send="true" href="http://del.icio.us/mbauwens" target="_blank">http://del.icio.us/mbauwens</a>;
<a moz-do-not-send="true" href="http://friendfeed.com/mbauwens" target="_blank">http://friendfeed.com/mbauwens</a>;
<a moz-do-not-send="true" href="http://twitter.com/mbauwens" target="_blank">http://twitter.com/mbauwens</a>;
<a moz-do-not-send="true" href="http://www.facebook.com/mbauwens" target="_blank"><font color="red"><b>MailScanner has detected a possible fraud attempt from "www.facebook.com" claiming to be</b></font> http://www.facebook..com/mbauwens</a><br>
<br>
Commons Strategies
Group, <a moz-do-not-send="true" href="http://www.commonsstrategies.org/" target="_blank">http://www.commonsstrategies.org/</a><br>
<br>
<br>
<br>
<br>
<br>
<br>
</div>
</div>
</blockquote>
</div>
<br>
<br clear="all">
<br>
</div>
</div>
<font color="#888888">-- <br>
Olivier Auber<br>
0675038880<br>
</font></blockquote>
</div>
<br>
<br clear="all">
<br>
-- <br>
P2P Foundation: <a moz-do-not-send="true" href="http://p2pfoundation.net/" target="_blank"><font color="red"><b>MailScanner has detected a possible fraud attempt from "p2pfoundation.net" claiming to be</b></font> http://p2pfoundation..net</a>
- <a moz-do-not-send="true" href="http://blog.p2pfoundation.net/" target="_blank">http://blog.p2pfoundation.net</a>
<br>
<br>
Connect: <a moz-do-not-send="true" href="http://p2pfoundation.ning.com/" target="_blank">http://p2pfoundation.ning.com</a>;
Discuss: <a moz-do-not-send="true" href="http://lists.ourproject.org/cgi-bin/mailman/listinfo/p2p-foundation" target="_blank">http://lists.ourproject.org/cgi-bin/mailman/listinfo/p2p-foundation</a><br>
<br>
Updates: <a moz-do-not-send="true" href="http://del.icio.us/mbauwens" target="_blank">http://del.icio.us/mbauwens</a>;
<a moz-do-not-send="true" href="http://friendfeed.com/mbauwens" target="_blank">http://friendfeed.com/mbauwens</a>;
<a moz-do-not-send="true" href="http://twitter.com/mbauwens" target="_blank">http://twitter.com/mbauwens</a>;
<a moz-do-not-send="true" href="http://www.facebook.com/mbauwens" target="_blank"><font color="red"><b>MailScanner has detected a possible fraud attempt from "www.facebook.com" claiming to be</b></font> http://www.facebook..com/mbauwens</a><br>
<br>
Commons Strategies Group, <a moz-do-not-send="true" href="http://www.commonsstrategies.org/" target="_blank">http://www.commonsstrategies.org/</a><br>
<br>
<br>
<br>
<br>
<br>
<br>
</div>
</div>
</blockquote>
</div>
<br>
<br clear="all">
<br>
-- <br>
P2P Foundation: <a moz-do-not-send="true" href="http://p2pfoundation.net/" target="_blank">http://p2pfoundation.net</a>
- <a moz-do-not-send="true" href="http://blog.p2pfoundation.net/" target="_blank">http://blog.p2pfoundation.net</a>
<br>
<br>
Connect: <a moz-do-not-send="true" href="http://p2pfoundation.ning.com/" target="_blank">http://p2pfoundation.ning.com</a>;
Discuss: <a moz-do-not-send="true" href="http://lists.ourproject.org/cgi-bin/mailman/listinfo/p2p-foundation" target="_blank">http://lists.ourproject.org/cgi-bin/mailman/listinfo/p2p-foundation</a><br>
<br>
Updates: <a moz-do-not-send="true" href="http://del.icio.us/mbauwens" target="_blank">http://del.icio.us/mbauwens</a>;
<a moz-do-not-send="true" href="http://friendfeed.com/mbauwens" target="_blank">http://friendfeed.com/mbauwens</a>;
<a moz-do-not-send="true" href="http://twitter.com/mbauwens" target="_blank">http://twitter.com/mbauwens</a>;
<a moz-do-not-send="true" href="http://www.facebook.com/mbauwens" target="_blank"><font color="red"><b>MailScanner has detected a possible fraud attempt from "www.facebook.com" claiming to be</b></font> http://www.facebook..com/mbauwens</a><br>
<br>
Commons Strategies Group, <a moz-do-not-send="true" href="http://www.commonsstrategies.org/" target="_blank">http://www.commonsstrategies.org/</a><br>
<br>
<br>
<br>
<br>
<br>
<br>
<br>
</div>
</div>
<hr>
<hr noshade="noshade" size="1"><p color="#000000" align="left">Aucun virus trouv�
dans ce message.<br>
Analyse effectu�e par AVG - <a moz-do-not-send="true" href="http://www.avg.fr/" target="_blank">www.avg.fr</a><br>
Version: 10.0.1204 / Base de donn�es virale:
1435/3428 - Date: 07/02/2011</p>
</blockquote>
</div>
</blockquote>
</div>
<br>
<br clear="all">
<br>
-- <br>
P2P Foundation: <a moz-do-not-send="true" href="http://p2pfoundation.net/" target="_blank">http://p2pfoundation.net</a>
- <a moz-do-not-send="true" href="http://blog.p2pfoundation.net/" target="_blank">http://blog.p2pfoundation.net</a>
<br>
<br>
Connect: <a moz-do-not-send="true" href="http://p2pfoundation.ning.com/" target="_blank">http://p2pfoundation.ning.com</a>;
Discuss: <a moz-do-not-send="true" href="http://lists.ourproject.org/cgi-bin/mailman/listinfo/p2p-foundation" target="_blank">http://lists.ourproject.org/cgi-bin/mailman/listinfo/p2p-foundation</a><br>
<br>
Updates: <a moz-do-not-send="true" href="http://del.icio.us/mbauwens" target="_blank">http://del.icio.us/mbauwens</a>;
<a moz-do-not-send="true" href="http://friendfeed.com/mbauwens" target="_blank">http://friendfeed.com/mbauwens</a>;
<a moz-do-not-send="true" href="http://twitter.com/mbauwens" target="_blank">http://twitter.com/mbauwens</a>; <a moz-do-not-send="true" href="http://www.facebook.com/mbauwens" target="_blank">http://www.facebook.com/mbauwens</a><br>
<br>
Commons Strategies Group, <a moz-do-not-send="true" href="http://www.commonsstrategies.org/">http://www.commonsstrategies.org/</a><br>
<br>
<br>
<br>
<br>
<br>
<br>
</blockquote>
</div>
<br>
</div>
<hr noshade="noshade" size="1"><p class="avgcert" color="#000000" align="left">Aucun virus trouv�
dans ce message.<br>
Analyse effectu�e par AVG - <a moz-do-not-send="true" href="http://www.avg.fr/">www.avg.fr</a><br>
Version: 10.0.1204 / Base de donn�es virale: 1435/3432 - Date:
09/02/2011</p>
</blockquote>
</div>
</blockquote></div><br></div></body></html>