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Bernard Lietaer on money


blech:

Bernard Lietaer on money


posted on 2003/08/15 12:52

 

via oblomovka


 

There's some good quotable chunks.


 

"if the United States had to live by the rules that are imposed on, say, Brazil, the United States of America would become a developing country in one generation."


 

"What do you think a frequent flyer mile is, but a currency issued by an airline? In Britain, you can go to J. Sainsbury, the largest supermarket chain, and use British Airway miles to buy your goods."


 

"Japan has created a currency for elderly care."


 

"the evidence is now in: [the Adam Smith] hypothesis turns out to be incorrect. Money is not value neutral."



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