340 comments on DrumBeat: July 2, 2007
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340 comments on DrumBeat: July 2, 2007
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I don't fully understand how the money systems work
Most don't. You've got Kensian, Miese, and a few other thinkers that one can debate their POV and end up arguing how many fiat dollars can buy you a kiss on the head of a pin.
In my bio page I link to a couple of money theory sites. And they should be of some help. The online book short circuit
http://www.feasta.org/documents/shortcircuit/contents.html talks about money and energy, might be a good place for you to start your journey.
And somewhere there has to be a site where money wonks go to wonk.
Well, that would be me.
Buy my book:
Gold: the Once and Future Money
available at Amazon.com
visit the website
www.newworldeconomics.com
The book is about a lot of things, but one of them, as one might surmise from the title, is how to use precious metals as a basis of monetary systems. This was common throughout the world in 1965, and worked fine at that time, so I will suggest in advance that many people's worries and criticisms of the system are not very well informed.
On the website, I have been doing a fair amount of writing on the subject of economics in the context of resource depletion/a focus on quality of life rather than "growth", which may be of interest.