Comments on: Energy independence and currency sustainability http://lebleu.org/blog/2008/12/04/energy-independence-and-currency-sustainability/ Thoughts on the future of money Wed, 04 Sep 2013 05:52:33 +0000 hourly 1 https://wordpress.org/?v=4.1.42 By: Robert Hahl http://lebleu.org/blog/2008/12/04/energy-independence-and-currency-sustainability/comment-page-1/#comment-1014 Thu, 18 Dec 2008 10:47:30 +0000 http://lebleu.org/blog/2008/12/04/energy-independence-and-currency-sustainability/#comment-1014 One way to get people to accept a currency to offer to exchange it for something else which generates a positive return. That is the real function of Treasury Bonds with interest payments coming from the taxing power (e.g. The Whiskey Rebellion of 1794, http://en.wikipedia.org/wiki/Whiskey_Rebellion).

If the community agreed to pay taxes, to pay interest on local savings, then people who intended to save some money would probably accept the currency.

]]> By: Robert Hahl http://lebleu.org/blog/2008/12/04/energy-independence-and-currency-sustainability/comment-page-1/#comment-916 Thu, 18 Dec 2008 02:47:30 +0000 http://lebleu.org/blog/2008/12/04/energy-independence-and-currency-sustainability/#comment-916 One way to get people to accept a currency to offer to exchange it for something else which generates a positive return. That is the real function of Treasury Bonds with interest payments coming from the taxing power (e.g. The Whiskey Rebellion of 1794, http://en.wikipedia.org/wiki/Whiskey_Rebellion).

If the community agreed to pay taxes, to pay interest on local savings, then people who intended to save some money would probably accept the currency.

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