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I need more explaination.

Let's take the wind turbine example...

In what currency is the investor paid? Does he get the right to use some kWh or is he paid money? Or does money even exist in your dream world? How do you handle, that a kWh at noon is more valuable than a kWh in the night? And how are investors in Japan paid, that don't have a access to the Scottish grid, and what about losses in the grid due to transportation? How do I pay my taxes on the return of investment?

In principle it is a good idea to have more equity like investments, rather than credit like investments. But now, if the wind turbine gets destroyed in an accident, those investors will lose their money, right? So you can't change the fact, that there is revenue, and there is a risk to this revenue. The bank sends Jerome to estimate the likelihood of all that risk and revenue and prices everything accordingly, bundles it, and I can have a simple checking account. I don't want to take risks on the money I use to buying rolls, that I don't understand.

And is your system really so much more stable? After all in the current situation, gov'ts can fall back to PRINTING money without any collateral. This isn't possible, when you have only utilisation.

Der Amerikaner ist die Orchidee unter den Menschen
Volker Pispers

by Martin (weiser.mensch(at)googlemail.com) on Fri Feb 20th, 2009 at 08:12:20 PM EST

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