THE FUTURE OF MONEY Bernard A. Lietaer About the Author Bernard Lietaer had thirty years of professional experiences, which tend to mutually exclude each . The Future of Money has ratings and 14 reviews. Joshua said: Fascinating! It is especially prescient given that it was published in (!) yet seem. Bernard Lietaer March 1. The Future of Money: How New Currencies Create Wealth, Work and a Wiser World. (Book #2 – US Version). June
|Published (Last):||17 March 2016|
|PDF File Size:||5.25 Mb|
|ePub File Size:||10.81 Mb|
|Price:||Free* [*Free Regsitration Required]|
During that one- year, transfers between these ten groups involved a gross total of DM billion in interest payments received and paid. Everything has been carefully prepared for the feast. However, nobody can claim that technological shifts are not generating massive displacements of jobs, fundamental changes of the qualifications required to perform a function.
Brian Leslie’s review of The Future Of Money, by Bernard Lietaer, and Money, by Thomas H Greco
For thousands of years the mystery of money was religious in nature. George Gilder calls it ‘the biggest technological juggernaut that ever rolled’.
Here again, we believe that interest on money is somehow intrinsic to the process, forgetting that for most of history that was definitely not the case. To put it simply, when you pay back interest on your loan, you are using up someone else’s principal. I recommend ‘The Future of Money’ to anyone interested joney understanding how money works and how we can change it.
Transaction Net: The Future of Money by Bernard Lietaer
Magic and mystery have surrounded the money process during its entire evolution. Already today, some 1. Some people foresee the spread of a ‘Winner-Takes- All’ economic environment. The Japanese government is currently evaluating the possibility of creating an official national clearinghouse to make such transfers available for all types of healthcare time credits everywhere in the country.
More sobering issues, however, will need to lketaer addressed during the current transition period. The more it leaks, the more of it we have, and the more of us have it. You can still visit them today. Fkture author sees the exponential growth of lietaee around the world as a major problem.
The representative of the Clinton administration to the IMF offered this revealing definition: This is an exact reversal of traditional economics, where scarcity determines value. In doing so, it also brings to light new potentials for our interactions with money.
The Future of Money
Using the high-speed underground, she returns to her other community, the village nestled in the foothills of the Alps, 15 minutes away.
I am not an economist. This book is lieyaer of print, but a few copies are still available on Amazon UK. There is also one very important built-in aspect of bank-debt ‘fiat’ money systems.
Here the nature of that power will be explored, as well as the four key features of modem money that we usually take for granted. Here is her budget for this endeavor.
Even the first Internet bank, the First Security National Bank, with only an Internet address and no physical customer branch, felt the need to bow to custom by using a Greek Revival bank building as its first Web page symbol. He was subsequently identified by Business Week as the world’s top currency trader, while General Manager of the most successful offshore currency fund To participate in this process, we will need to: There have been at least two civilizations which had embedded in their monetary systems a key feature that made it ‘profitable’ for people to make investments for the very long term.
The vast majority of our paper money has further dematerialized into binary bits in computers belonging to our bankers, brokers, or other financial institutions, and there is serious talk that all of it may soon join the virtual world.
At least million able and willing people are chronically unemployed or under- employed worldwide. His book shows us such a solution in a bold and fresh manner, and it is in this sense that this is an epoch-making book.
They receive an uninterrupted rent from whoever needs to borrow in order to obtain the necessary medium of exchange. Thank you from the bottom of my heart. To add insult to injury, the only societies in the world today that work fewer than four hours a day are the surviving ‘primitive’ hunter-gatherer tribes, living roughly as they have done over the past 20, years.
He took the cowhide, and cut perfect leather rounds in n, and put an elaborate and graceful little stamp on each round. The other two giant pistons – Monetary Instability on one side and the Information Revolution on the other are moving faster and more erratically, like ships – Titanics – and are also heading towards the same place and time. The only exception to this rule has been in the past twenty-five years or so, when one particular national currency – the US dollar has become the global currency.
Moreover, since these debts can only be repaid with official money, alternative or complementary currencies are severely limited in how far they can compensate for the problems created by official ‘debt-money’.
This is the purpose of the balance of Part One, What is Money?