----- Original Message ----
> From: "mix...@bigpond.com" <mix...@bigpond.com>
> To: vortex-l@eskimo.com
> Sent: Thu, December 23, 2010 4:36:21 PM
> Subject: Re: [Vo]:OT: Virtual Currency - The future of currency in the 21st
>century and beyond.
>
> In reply to OrionWorks - Steven V Johnson's message of Tue, 21 Dec 2010
> 16:49:04 -0600:
> Hi,
> [snip]
> You mentioned the example of the Chiropractor that would be paid anyway,
> even
>if
> the client didn't have the money to pay himself. What's to stop everyone from
> "purchasing" goods and services for which they have no money? IOW living a
>life
> of luxury, and contributing nothing in return? (and I can assure you there
are
> many who would if it were possible).
Markets don't keep tabs on who is making a contribution. That is the concern of
a community or a business or the State.
> The net result would be that little if anything got done, so the goods and
> services available would be severely limited. In fact I think this is at
least
> partially what went wrong in the Soviet Union (empty shelves and long queues
>for
> basic commodities).
The reason shelves went empty was because of inflexible prices and the profit
motive was denied to entrepreneurs.
Anyway, it is not true that nothing will get done.
People will find they have to do "it" themselves whatever "it" is.
Harry
