Description
I present some nuggets (pun intended) of 4,000 years of money and finance. Like the invention of usury, supposedly in ancient Babylon, and its taming by kings like none other than Hammurabi I propose an usury-free energy currency for global trade-fringe back then, albeit once championed by Henry Ford and later by various crypto proponents. Lately it was touted by Elon Musk as the future of money, so it will get some attention it deserves.Locally, I propose complements like the Brixton Pound or time equity à la Richard Kiersky. This comes after, and briefly summarized on researchgate, the 2008 crisis, when Brazilian researchers found that regions that had such financial tools available did experience less harsh consequences and did recover more speedily from said crisis.So here I present some nuggets (pun intended) of 4,000 years of money and finance. Like the invention of usury, supposedly in ancient Babylon, and its taming by kings like none other than Hammurabi, who would usher in debt reliefs poetically called jubilee every seven years to prevent his people being coerced into debt slavery-a real thing at that time. Like the infamous "Schuldentürme" in medieval Europe, where this jubilee instrument was forsaken partly for theological reasons but partly for simple greed as well. Only recently, with thunderous voices like the late David Graeber or Michael Hudson, has this been declared a tool to prevent the debt spiral from turning into a death spiral again. (I totally agree, but with a twist as laid out in Postscarcity .. : )Then add usury-free energy currency as I propose in the aforementioned book. So here is my wandering random walk through my notes. To balance the somewhat snarky tone, the glossary and appendix are strictly scholarly
