[lbo-talk] one view of the Greens

Doug Henwood dhenwood at panix.com
Mon Oct 27 13:28:04 PST 2003


Seth Ackerman wrote:


>From: "Doug Henwood" <dhenwood at panix.com>
>
>> >How so? It certainly wouldn't work as a substitute for widely-used
>> >currencies, that's obvious. But as for developing a smaller, more
>> >contained economy to keep trade in the neighborhood, it doesn't
>> >strike me as a bad or nostalgic idea. (Hard to see "nostalgia" in
>> >the scheme, since I can't recall any time when local currencies
>> >actually existed.) What's the argument against it?
>
>Question: When you start your local currency system, do you plan to have
>MRI's in your local hospital? GE accepts payment in US$, not local paper.

Just want to make it perfectly clear: I didn't write those quoted words.

Doug



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