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That's soooo Last Century, rifek.

Power seekers in public Government intermediaries are just as obsolescent as are private rent-seekers.

In the same way that risk intermediaries have an interest in dis-intermediating, since it minimises the need for risk capital, so it is that governments have an interest in doing so, because it minimises taxes.

If people come together and self organise to fill the vacuum left by the intermediaries - and that is what is happening - they may use consensual 'co-operative of co-operative' framework agreements, and currencies are among the outcomes.

"The future is already here -- it's just not very evenly distributed" William Gibson

by ChrisCook (cojockathotmaildotcom) on Fri Dec 21st, 2012 at 06:22:33 AM EST
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