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<p>[QUOTE="cladking, post: 782730, member: 68"]Some people CLAIM that our carbon footprint will be the end of the world. They CLAIM that they want to reduce waste and consumption. They CLAIM they want stability and growth. </p><p><br /></p><p>What could possibly foster such goals more than money which not only gains interest when it's saved but even gains a little value. With more money set aside there is more capital to fund more innovation. Stability of the economic system is assured since there's no reason to shift money around and if fundamentals turn sour people have the resources to make it through. </p><p><br /></p><p>Inflation is never good even in the tiniest amounts except for the politicians who are buying votes. It might be true that at low levels it's not very harmful though. Inflation tends to eradicate the driftwood and hindmost in an economy. It makes the buggy whip manufacturers go out of business a few years earlier. But what would get rid of buggy whip manufacterers faster than increased innovation made possible by increased capital flows? Rather than wiping out older people on fixed incomes a little increase in the value of money would let them maintain their standard of living longer. </p><p><br /></p><p>Efficiency gains are large enough that the government can still make money just by issuing more in most years. This would encourage government to seek efficiency gains everywhere since they could take large percentages of the improvements. </p><p><br /></p><p>It's a shame there's no commodity that would make an ideal moneyt since ideally money would be based on a commodity. I've toyed with the idea of wheat based money and such things but they are all subject to the same failures that would lead to very similar disasters. I don't see any alternative but to using all commodities simultaneously as the basis of currency. Of course it's impossible to use all commodities so the solution is using the GDP which is really closely correlated with the combined value of all real assets.[/QUOTE]</p><p><br /></p>
[QUOTE="cladking, post: 782730, member: 68"]Some people CLAIM that our carbon footprint will be the end of the world. They CLAIM that they want to reduce waste and consumption. They CLAIM they want stability and growth. What could possibly foster such goals more than money which not only gains interest when it's saved but even gains a little value. With more money set aside there is more capital to fund more innovation. Stability of the economic system is assured since there's no reason to shift money around and if fundamentals turn sour people have the resources to make it through. Inflation is never good even in the tiniest amounts except for the politicians who are buying votes. It might be true that at low levels it's not very harmful though. Inflation tends to eradicate the driftwood and hindmost in an economy. It makes the buggy whip manufacturers go out of business a few years earlier. But what would get rid of buggy whip manufacterers faster than increased innovation made possible by increased capital flows? Rather than wiping out older people on fixed incomes a little increase in the value of money would let them maintain their standard of living longer. Efficiency gains are large enough that the government can still make money just by issuing more in most years. This would encourage government to seek efficiency gains everywhere since they could take large percentages of the improvements. It's a shame there's no commodity that would make an ideal moneyt since ideally money would be based on a commodity. I've toyed with the idea of wheat based money and such things but they are all subject to the same failures that would lead to very similar disasters. I don't see any alternative but to using all commodities simultaneously as the basis of currency. Of course it's impossible to use all commodities so the solution is using the GDP which is really closely correlated with the combined value of all real assets.[/QUOTE]
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