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Will Stirling Newberry please pick up the white courtesy phone? We have a question on money


Does this accessible and interesting article give a good account of the field? Read the whole thing. These paragraph caught my eye, especially:

In the face of the impending crisis, people often ask what they can do to protect themselves. "Buy gold? Stockpile canned goods? Build a fortified compound in a remote area? What should I do?" I would like to suggest a different kind of question: "What is the most beautiful thing I can do?" You see, the gathering crisis presents a tremendous opportunity. Deflation, the destruction of money, is only a categorical evil if the creation of money is a categorical good. ...

Let us engage in conscious, purposeful money destruction in place of the unconscious destruction of money that happens in a collapsing economy. If you still have money to invest, invest it in enterprises that explicitly seek to build community, protect nature, and preserve the cultural commonwealth. Expect a zero or negative financial return on your investment -- that is a good sign that you are not unintentionally converting even more of the world to money.

Well, Corrente -- indeed, the entire C list -- can help with that zero or negative return concept. Kidding! Except not.

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