[GJM] Interest Free Money, and Binary Economics? Clarification Requested.

[Rodney Shakespeare]

Dear Robert,
I think you are way off the mark. 

1.    Videos  are not completely suitable for much detail but, in any case, you will not have heard Robert Ashford or Norm Kurland advocating interest-bearing money for forms of productive capacity.  It is likely that you have misunderstood a sentence or two from Kurland in a video.  But why don't you ask him yourself?  -- thirdway at cesj.org          

 Moreover, all the latest developments in binary economics are to be found in  Seven Steps to Justice and The Modern Universal Paradigm and, in particular,  by far the best internet website on binary economics and its developments is www.binaryeconomics.net where the uses of interest-free loans are as clearly set out as far as it is possible to clearly set things out on the internet.  Do a Google and the website comes out at the top (when I do a Google) and, also, the Google administrators are now kindly promoting this  website by selecting a page from the website and putting it up separately (at the moment,  it is the Links page but the Environment, Present, History and Loans have also been separately done and the pages are being periodically rotated).  The separate page generally comes up second or so.

Also, internet articles on binary economics are now much more numerous.

And why not visit the Norm Kurland's  extensive website on binary economics?  www.cesj.org  And Ashford's papers are also on the internet.

2. I am puzzled by your saying that interest-free reform is unlikely.  Your meaning is ambigous. Are you saying that  you think that debt-free, 'printed' money is the more likely reform possibility?

Or are you saying that it is impossible ever to get interest-free reform?

On this matter Peter Challen recently met Bernard Lietaer who was shown some text (roughly reflecting the position in Seven Steps to Justice).  Bernard said the text is technically correct but (to the effect) that the present inertia and forces are such that such reform will never happen (which is why he is concentrating on complementary currencies).  Is this what you mean?

Incidentally Bernard's position is the same as he stated to Peter and I in Kuala Lumpur in 2002 BUT  he is acutely aware of the present world situation, expects big developments and he kindly agreed to consider certain matters that Peter put to him.

Rodney





----- Original Message ----- 
From: "robert searle" <dharao4 at yahoo.co.uk>
To: <discussion at globaljusticemovement.net>
Sent: Wednesday, April 30, 2008 7:04 PM
Subject: [GJM] Interest Free Money,and Binary Economics? Clarification Requested.


> 
> Dear All...notably Rodney Shakespeare,
> 
> 
> Having seen most of the Robert Ashford videos on
> Binary Economics, and related topics on Paula Glorias 
> "shows" I have heard virtually nothing about interest
> free money. I do not know whether it is me, or
> not...but Ashford seems to have avoided the subject
> altogether. 
> 
> I know that it was part of the original BE paradigm as
> promulgated by Kelso but it appears to have been
> dropped like a hot potato...the reason being ofcourse
> that interest free monetary reform is unlikely to
> become a reality at least for the foreseeable
> future...
> 
> I remember too Kurland on a video saying that CESJ was
> always on the lookout for the cheapest loans
> presumably to fund ESOPS but not a word about the
> possibility of interest free money in any shape or
> form.....Presumably, most, or perhaps a small part of
> CESJ is not really concerned about this matter.
> 
> Robert Searle
> 
> 
> 
> 
> 
> 
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