Keith

You commented in part in this post that no-one has yet countered your
argument that

"the mechanistic aspect will not be sufficiently analysable or understood
until we have a currency system that has constant purchasing-parity across
all countries. This can
be either one world-wide currency of known and constant value (that is, a
dependable human unit and also a truly scientific unit of measurement) or
the frictionless exchange of individual currencies (that is, national
currencies not being interfered with by politicians or central banks"

I have not replied before to the rest of this thread, but I would like to
comment on this particular point.  While it may be true that such a currency
is needed, it is inconceiveable that such a currency could exist in
isolation.  The true value in the world simply cannot be captured in any one
currency.  A system of parallel currencies, perhaps with a "frictionless"
one at the top - such as proposed in various places by Bernard Lietaer is
conceivable, but only if we can develop the necessary community currencies
to make it really work.

regards


Charles Brass
Chairman
Future of Work Foundation
phone:61 3 9459 0244
fax: 61 3 9459 0344
PO Box 122
Fairfield    3078
www.fowf.com.au

the mission of the Future of Work Foundation is:
"to engage all Australians in creating a better future for work"

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