CanSo Dollars... could finance a Unified Theory of Modern World Problems?!

Discussion in 'Canada' started by DennisTate, May 29, 2016.

  1. DennisTate

    DennisTate Well-Known Member Donor

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    HailVictory..... I've been thinking this all through and I now suspect that you were actually closer to the truth
    on this than I was because it sure does look like the people of the town of Worgl, Austria, during the time of
    their local money experiment, that was done during the Great Depression, may well have became 60% - 80%
    or more independent of the official Austria national currency of that time period.

    I gave a quotation on what they did back on page one post #4 here or also over here:

    http://www.politicalforum.com/histo...ria-experiment-can-applied-america-again.html
    Do you think that the Worgl, Austria experiment can be applied in America again?

    It certainly seemed to work well back during the time of the Great Depression!


    http://www.whatcomwatch.org/php/WW_open.php?id=717

    ............
    So........ under a certain type of set of circumstances...... your comment is accurate.......
    when a region has its own currency they could well become economically independent
    of their own nation.

    The type of business generated in the year 2016 through local currencies seem to be service industries that are labour intensive where somebody is attempting to break into a new market.

    One advantage that a local currency has is that you know that they are spent over and over again within that community.........but they are taxable and do generate tax revenue
    for the USA State and federal governments.
     
  2. DennisTate

    DennisTate Well-Known Member Donor

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    Now I am going to attempt to put a challenge in front of the people and
    political leaders in the village of Canso, Nova Scotia, (frankly in front of
    everybody in our entire province).

    If you do accept this
    challenge and print up some form of local currency it could play a significant
    role in assisting a local film production cooperative in your area to raise the
    necessary investment for a film such as:

    http://www.politicalforum.com/creative-corner/473241-film-proposal-journal-elizabeth-smith.html
    Film proposal: Journal of Elizabeth Smith

    My idea at this time is that whoever puts together the film cooperative that assists Phil
    could perhaps use a few scenes from Phil's production in another film or two or three that
    could perhaps be set in 1939, during the era of Dr. Moses Coady and the growing Antigonish
    Movement?
     
  3. HailVictory

    HailVictory Banned at Members Request

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    Yea, so I guess the real truth of the matter is that, if going through an economic depression in which you really won't be able to internationally trade and production is at a screeching stand-still, switching over to a local currency tied to the development of the local area may really help the area get back on the wagon. So, in this case, local currency can work beautifully. So, like in Austria way back when, ditching ties to an economically destroyed nation and focussing in your already autonomous local area could help increase the value of your individual area which, eventually, could boost the Austrian economy. Because this oils up the gears and starts them working again, if only in a small area. But it means that at least somewhere economic profit is being made. And if your country is in shambles, you can really get, as you said, 60 - 80% independent of their economy, and try to help them out when you can actually survive. Because the currency is tied to the economic output of the region, and provided that the region probably has better economic output than the country, this could really help.

    Essentially, if the local economic output exceeds the profit of the output of the whole country, local currency will achieve the goal you want. If its the opposite, then it does more harm than good. Unless you tax it. But again, I raise the question, what is the point of doing that? Because you already tax the region because that's how federalism works, and that's what it means to be part of a nation. It wouldn't generate any more profit than it would have done in the past. And just like the town in Austria, the local area would contribute to the value of the nation, but the nation wouldn't have anything to do with the local area. In a depression, this is good. Because the country would bring the value down. But any other time, it just creates issue.
     
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  4. DennisTate

    DennisTate Well-Known Member Donor

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    It is important to mention that here in North America.... local currencies are taxed.....
    and at exactly the same level as if you had earned an American or Canadian dollar......

    ... so potentially local currencies...... if they are managed well.... can become a source of tax
    revenue for both state and provincial as well as for the central governments.


    http://money.cnn.com/2012/01/17/pf/local_currency/index.htm?iid=F_Jump


    Local currencies: 'In the U.S. we don't trust'
    By Blake Ellis @CNNMoney January 27, 2012: 11:13 AM ET

    I would love to get your reaction to the points that I make over here:

    http://www.politicalforum.com/showthread.php?t=464333&page=3&p=1066587534#post1066587534
    Thread: Trump Calls For Auditing the Fed
     
  5. DennisTate

    DennisTate Well-Known Member Donor

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    One significant MWP is the usage of National Central Banks
    to break unions.

    This is especially harmful because it has an indirect effect on our
    ability to finance the necessary measures to prepare for the shift
    over to a green and sustainable economy.


    http://www.politicalforum.com/polit...eform-our-unsustainable-financial-system.html

    How can we now reform our unsustainable financial system?
    Is John Hotson Ph. D. correct in the following assertion?

    http://www.mailstar.net/money.html

    How can the Democratic Party use this idea to recover their lost popularity?

    A related question is.... did President Lincoln actually save American taxpayers roughly four billion dollars in interest payments?

    If so.... how can we apply this principle in 2014 without causing excessive jitteriness on the financial markets?
     
  6. wgabrie

    wgabrie Well-Known Member Donor

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    What? The central banks are union busting???

    Well anyway I can't think of anything that will lead us to a green economy. There's too many people to be environmental. And there's too few resources to support everyone. We're already using more than one planet's worth of resources to support the current population.

    I'd say it's time for a round of deflation, lower the minimum wage, reduce the taxes and regulation, and have negative economic growth rates. :p
     
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  7. DennisTate

    DennisTate Well-Known Member Donor

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    Up here in Canada
    we have a reality TV star who
    really has a gift to cover complex subjects in a manner that is
    simple, to the point as well as funny!

    If I do make it into the Conservative Party Leadership race, he would be my number 2
    choice after myself...... but if I don't make it into the leadership race then
    Mr. Kevin O'Leary is my number one choice......
    in spite of his many flaws.......
    (Kevin would be the first to admit that he has what many people
    would consider to be a problem with greed / avarice)!

    IF.... Mr. Kevin O'Leary will promote either a
    Conservative Party or Progressive Conservative Party Volunteerism Hour or Dollar......
    or even a CanSo Dollar or Volunteerism Hour......
    I believe that his doing this could inspire hundreds, maybe thousands,
    maybe tens of thousands of young Canadians to join one of Canada's
    political parties and become active politically as well as socially.

    In my opinion..... what many people would consider to be
    Mr. Kevin O'Leary's greatest problem,
    either already is or certainly could become......
    his greatest asset!

    Mr. Kevin O'Leary's tendency toward greed.....
    could be used to set in motion a series of events that could save
    the lives of millions..... if not billions of people over the coming two to five
    decades?!


    http://www.politicalforum.com/canad...ship-bid-should-target-eager-millennials.html
    Kevin O'Leary's Conservative leadership bid should target 'eager' millennials...
     
  8. DennisTate

    DennisTate Well-Known Member Donor

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    Personally... .I cannot see how the introduction of a one hundred "Canso Voluteerism Hour " note......
    that is an important "PROP" in a proposed series of films.......
    could possibly devalue the USA dollar...........

    I think it could be planned in such a way that it could INSURE and Back Up the USA dollar........
     
    Last edited: Mar 18, 2017
  9. DennisTate

    DennisTate Well-Known Member Donor

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    Something that almost all of us could agree on.......
    99.9999% of us anyway.......
    would be that it would be a great thing for President Donald Trump to bypass
    patent laws....... and put carborateurs on the market that cause big ol' made in the USA
    trucks and cars to get more than eighty miles per gallon..........

    Please notice posts # 31 and #32......

    http://www.politicalforum.com/index.php?threads/ocean-acidification.394228/page-2


     
  10. wgabrie

    wgabrie Well-Known Member Donor

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    Wow Dennis, I guess the oil technology is being repressed. Wow, 80MPG?? And fuel efficient cars on the market get half of that in fuel efficiency. Outrageous!

    Well, there's going to be a price to pay for it all when Nuclear Fusion power comes out and there's a switch to battery powered cars. And that replaces the market for gas and oil powered cars.
     
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  11. HailVictory

    HailVictory Banned at Members Request

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    Alright, I needed a bit of a refresher on the subject....but I still stand by my original claim. Essentially, it all depends on the circumstances of the switch. In your example, a relatively affluent area of Autria (in comparison to the crippled economy of the rest of the country); perfect solution. A switch to another currency based solely on the local economic output will increase the wealth of that area. However, take a different area in Austria in that time, the worst area of the country, and give it its own currency. That currency will be of so little value that it will increasingly hyperinflate itself, and the rest of the country will lose however small of an economic output that area had, which will make the conditions worse.
     
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  12. DennisTate

    DennisTate Well-Known Member Donor

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    But what I am proposing is not actually a switch.......
    it is more along the line of towns and cities having a back up currency......
    that should decrease the social safety net burden on local government......
    and even become a cash cow for every level of government... if it is done properly.

    Calgary Dollars are probably less than five percent of the total money supply of residents of Calgary but.......
    for one percent of Calgarians.... they could well be the
    notes that give those people fifty percent or more of their annual income.

    www.CalgaryDollars.ca/
     
  13. HailVictory

    HailVictory Banned at Members Request

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    Yea so like I said before, it can help if you actually need tangible cash on hand. If it were something like dollars used for electronic and basically anything not local, but if you're buying from some mom and pop shop, you use the local currency, that could work. It may be a bit confusing though.
     
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  14. DennisTate

    DennisTate Well-Known Member Donor

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    In order to expand a local currency
    it may be best to go all digital.......
    so that members of the local money group do not
    attempt to use local dollars to avoid taxes.........

    That can mess up the whole thing.......

    Here is an example of an online digital system that is being developed......


    https://civil.money/about
     
  15. DennisTate

    DennisTate Well-Known Member Donor

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    Things are looking kind of interesting right now I must admit.......
    but in a way... .I am kind of picking a squabble with Canada's reasonably popular Prime Minister.....

    I just sent the message above to somebody who I believe has the potential to be chosen to
    represent our area in the 2019 Canadian federal election..........

    I know that the man that I wrote this to is capable of responding very wisely to
    the challenge that I am putting in front of P. M. Justin Trudeau...... and all his M. P's.....
    and all active Liberals......

    http://www.politicalforum.com/index...umes-lgbtq-community-are-not-pro-life.524867/

    P. M. Justin Trudeau assumes LGBTQ community are NOT pro-life?
     
  16. DennisTate

    DennisTate Well-Known Member Donor

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    A reality film series.... set in 2018 - 2020.....
    combined with a semi - reality science fiction film series... .set in 1979 - 1989......
    could include those two high mileage large Ford cars ... one of which went to Cherry Hill, N. S., (near Bridgewater)
    and a second one that went to Moncton, N. B.


    P. M. Justin Trudeau has just put Canada more so on the map.... because his divisive political gambit......
    could pretty nearly wipe out the USA Democratic Party in both the 2018 and 2020 elections...... .even if the Dems manage to get Oprah..... and Chris Brown for V. .P...... because we Nova Scotians are in a position to get Americans interested in our area of the world......


    P. M. Trudeau is expecting Canada's federal Conservative Party to noninate M. P. candidates a lot like Charles McVety Ph. D. all across Canada........ but I have a very different idea in mind.....
    http://www.politicalforum.com/index...y-gay-community-can-prevent-abortions.429951/
     
    Last edited: Jan 31, 2018
  17. DennisTate

    DennisTate Well-Known Member Donor

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    Wgabrie..... I am kind of in awe here.......
    our Prime Minister has just done something brilliant!!!!!

    .... and highly ethical as well!!!

    https://www.yahoo.com/news/canada-apologize-turning-away-jews-fleeing-nazi-germany-171009960.html


     
  18. wgabrie

    wgabrie Well-Known Member Donor

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  19. DennisTate

    DennisTate Well-Known Member Donor

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    No...... in a way the timing is perfect because we are facing a significant
    Exodus of Jews from America over the coming years and decades..... and the
    first wave could come on a totally voluntary basis........ in order to reach out to
    Canadians who want to learn more about Judaism............ or even become Jewish.......
    or at least join the Noahide Movement.

    As you can see.....
    I personally want to go even further than that..... I may even become fully Jewish and even take the Nazarite vow.....
    but there is a catch.......
    I cannot renounce my belief in Rabbi Yeshua / Jesus as Moshiach the Passover Lamb......
    because to do so would mess up my own audition to be a Latter Day Yom Kippur goat.......
    and all that that may imply!

    http://www.politicalforum.com/index.php?threads/auditions-for-the-role-of-elijah-needed.499830/
     
  20. DennisTate

    DennisTate Well-Known Member Donor

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    Actually.... Prime Minister Justin Trudeau's apology could be just in time for
    a shift in the Canadian, American and world economy toward a greater appreciation for
    art.... conservation and our history.

    I just read an interesting article that has me thinking .....

    http://thechronicleherald.ca/thenov...g-committed-to-his-mission-at-sherbrooke-vill
    A living history: Stephen Flemming committed to his mission at Sherbrooke Village

     
  21. wgabrie

    wgabrie Well-Known Member Donor

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    I don't know what to say Dennis. Do you want to go to a mock village, on vacation, and reenact a Victorian period piece???
     
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  22. DennisTate

    DennisTate Well-Known Member Donor

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    That article is about a historic village only about seven miles from our home. Many of these communities could be turned into stages of sorts where alternate time lines could be thought up and explored.

    Matthew Fox Ph. D. stated that in a world where technology is making so many jobs
    obsolete.... .ART is one of the only possible ways to take steps toward full employment.

    Art that has lasting histotical and artistic value...... rather than temporary
    entertainment value...... will be of service to humanity for decades and centuries in the future........
    and humanity does have a bright future ahead of us........
    but we need to get people organized around certain projects that get us over the
    very difficult transition years that are happening right now.

    Although the collapse of the USA dollar and a great worldwide depression are possible.......
    (some experts would say even probable)... I believe that we humans have amazing
    power to alter our future if we make better decisions.

    https://www.near-death.com/experiences/notable/howard-storm.html#a04
     
  23. DennisTate

    DennisTate Well-Known Member Donor

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    Theoretically.... the residents of the town of Canso could all become actors who talk and write about
    what they heard about the work of Dr. Moses Coady and his team......
    and they could even dress up as their ancestors to get started on something like:



     
  24. DennisTate

    DennisTate Well-Known Member Donor

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    Wgabrie.... even two weeks ago.... I would not have thought that I would
    ever write something quite like this:

    "Intro to MMT - Modern Monetary Theory" (Facebook group)

     
  25. wgabrie

    wgabrie Well-Known Member Donor

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    Dennis, I'm not the one to talk to about money.
     
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