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There is yet hope for financial engineering based upon the mutual creation of value  - rather than the EXTRACTION of value by creating IOU's / claims over value and using credit derivatives to foist the risk elsewhere....

"The future is already here -- it's just not very evenly distributed" William Gibson
by ChrisCook (cojockathotmaildotcom) on Sat Mar 17th, 2007 at 03:39:10 PM EST
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I THINK were are on the same page here.  Chapter Six of my book "Elegant Technology" delves into the arcane subject of a people's monetary theory.  Find it at:
http://www.elegant-technology.com/ETsix.html


"Remember the I35W bridge--who needs terrorists when there are Republicans"
by techno (reply@elegant-technology.com) on Sun Mar 18th, 2007 at 09:58:32 AM EST
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