Date: Thu Apr 17 04:28:06 1997
From: xuegx@csv.warwick.ac.uk (Tom Holloway)
Subject: Re: TURMEL: LETS registries and
leakage
To: econ-lets@mailbase.ac.uk
I would love to know what this message
is about. I'm sure it's full of
good arguments and information; but my
mailer says it's 744 lines long
and I don't think I need the arguments
enough to download and read it.
Sorry JT. You will have to learn
to shorten your messages if you want
to get them across to me... Maybe try
answering one thing at a time?
JCT: I'm not
trying to get my messages across to people who can't
handle 10 pages of text. But I am not
going make 2 dozen posts for 2
dozen topics.
Richard Kay and
I discussed:
- Green LETS
storehouses which could hold collateral allowing
more members to be in the positive and
induce pensioners to join.
- trade of LETS
notes between Austrian and Italian border-town
LETS being inevitable.
- the perfectibility
of accounting systems.
- unstable systems
having their poles in the right hand plane and
LETS having its pole on the origin.
- relevance of
leakage if your pool has a tap.
- one-to-one
backing by hours eliminates issue of trust.
Untrustworthy bankers go to jai l.
- Global banker's
public newsgroup provides centralization
without monopoly control.
- similarities
between lets tokens and casino tokens.
- relevance of
human behavior to mechanical token engineering.
- whether LETS
provides perfect framework for imperfect humans.
Andy Ryrie and
I discussed:
- introduction
of complex numbers to LETS engineering debate.
- Hounslow LETS
notes bearing denominations in Cranes AND Hours.
- all currencies
linked to time by wages.
- inclination
to trust LETS notes by outsiders.
- How my accounts
in Canterbury and Auckland LETS could effect
trade between Andy and the New Zealand
Greendollar Quarterly Report
with no participation from me.
- Global LETS
is Local from a galactical perspective.
- Existing banking
system does not, as LETS, link currency to
time or collateral one-to-one. .
- Liberating
the mis-employed onto Earth's real problems.
- instant global
upgrade to LETS on existing banking systems as
good as bottom up construction of alternate
system.
- whether professional
bankers can be trusted to run LETS on
their existing systems.
- whether I should
spend time on technical problems a Global LETS
might not experience.
- Why Rothschild
and Rockefellers might want to save Earth too.
- International
Bankers' Minutes show plans to eventually install
LETS.
- whether better
= more productive.
- leakage to
poorer regions natural and tolerable.
- current leakage
concerns restrict trade.
- Leakage to
Third World should be encouraged.
- Deterring trade
with outsiders by not using notes.
- Third-party
Central LETS Banker trading without changing
the essence of any particular LETS branch.
- Official endorsement
of National LETS by UK Green Party.
- David Williams
on raising LETS profile in Labour Party,
launching a new Hillingdon LETS and being
appointed to a trustee of
LETSLINK UK.
- Recent election
to New Zealand Parliament of pro-LETS M.P.s:
- Humankind's
"Money Madness Era."
- Expected growth
of LETSystems around the world.
Finally, I invited
those who would be interested of the archives
of my debates in sci.econ over the years
to join my alias list for
streams on:
- LETS arguments in sci.econ like whether
"money really has babies?"
- LETS and Social Credit.
- LETS and Christ's differential Equations.
- Updates from LETS candidates in the
upcoming Canadian Federal
General Election.
- Updates on approaches to Muslim governments.
- Updates on the Global Petition for National
/ Global LETS.
- Updates on LETS items from around the
world.
Since Andy and
Richard seem to enjoy in-depth discussions, it's
unfortunate you'll miss out on them because
they're too long. I'd
rather keep up the pace with them than
slow down the pace for you. But
I hope the above satisfied your curiosity
about what you missed.