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What if you had the power to reinvent money
#25
RE: What if you had the power to reinvent money
I think it's an exercise in futility to reinvent money. I don't see any particular advantage to creating a new system that will probably end up as a variation on what we have now.

The problem, as I see it, is that people circumvent the {money = value} principle all the time by demanding cheap consumer goods and avoiding goods that are priced closer to their actual value in human labour. One way around this would be to have more consistency of remuneration worldwide, so that two people working equally hard at similar jobs in two different countries would be on a more equal footing. There's something disheartening about walking through a store and seeing $100 shoes made by someone working unreasonably long hours for crap wages.
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Messages In This Thread
RE: What if you had the power to reinvent money - by Aegon - October 8, 2017 at 12:47 pm
RE: What if you had the power to reinvent money - by Joods - October 7, 2017 at 8:50 pm
RE: What if you had the power to reinvent money - by Joods - October 8, 2017 at 12:24 am
RE: What if you had the power to reinvent money - by Losty - October 8, 2017 at 12:35 am
RE: What if you had the power to reinvent money - by Losty - October 7, 2017 at 11:15 pm
RE: What if you had the power to reinvent money - by Astreja - October 8, 2017 at 12:41 pm

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