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Great post, melo.

melo:

then going right back to the trough and rooting for the truffles of any kind of power we can keep centralised.

hits the nail on the head.

The parallel with the obsessive centralised control of the deficit-based monetary system is exact. This control has now, post Peak Credit, been lost

IMHO a "bottom up" solution involving the networked "monetisation" of energy at local level addresses both  the need for a stable monetary unit/system and the requirement - superbly presented by techno - for investment running to many trillions of dollars equivalent.

"Any economic unit can emit money. The serious problem is to get it accepted" Hyman Minsky

by ChrisCook (cojockathotmaildotcom) on Thu Jun 12th, 2008 at 02:21:20 PM EST
[ Parent ]
ta, chris

you see a bigger picture, knowing the anatomy of all these murky tie-ups with financial services, oil bourses, currencies and sovereign superscams, kudos to how you remind us how it all connects.

bloggin' and blatherin'

~"When an inner situation is not made conscious, it appears outside as fate." Karl Jung~

by melo (melometa4(at)gmail.com) on Thu Jun 12th, 2008 at 03:40:10 PM EST
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