Critics' Corner.
As would be expected for any proposal for change
in so fundamental aspect of our life the proposal
to change to a new money draws many critical
comments.
Whereas other web sites have "Frequently Asked Questions"
the new money web site has "Frequently Expressed Objections."
The following is a selection of such criticisms and
the author's comments regarding each criticism.
In those cases in which I have the critic's permission I have
retained the exact wording and refer to the critic by name.
In those cases in which I have not received the critics'
permission I have paraphrased their objections.
Therefore, I may have seriously misrepresented the critics'
actual objections through poor wording on my part or
through my lack of understanding of the point they were
trying, unsuccessfully, to get me to recognise.
In any event, I have nothing but respect and gratitude
for those who were kind enough to take the time to read this web site
and share their ideas regarding the new money with me.
/p>
Values
Value is subjective.
Payers Collect Luxury Values.
Marginal Utility.
New Money Units.
What Each New Money Unit Represents.
What the New Money is Not.
Constant Value.
Creation and Destruction of New Money.
Not Transferable, Not Money.
Can a Money be Moral?
Payers
Payers as Dictators.
Standards for Paying.
Payer Crimes.
Payer Crime Aftermath.
Why Would Anyone Want to be a Payer?
The Market.
Rational Economic Calculation.
Payers Collect Luxury Values.
Third Party Price Setting.
Private Property.
Free to All.
Denial of Necessities.
Stopping Trade.
Freedom to Hire Gone.
Private Property and Control.
The Computer System.
Controling the Computer.
Force and Restrictions.
How Much New Money?
Counterfeiting New Money.
Luxuries and Necessities
Luxury or Necessity?
Uniform Necessities.
Physical Object Money Consequences.
POM: Fiat and Gold.
POMs Reward Good Actions?
Payers and Rewards.
Zero Sum Game or Not?
Inflation and Deflation I.
Inflation and Deflation II.
Organized Crime.
Political Corruption.
Unemployment I.
Unemployment II.
Strikes.
Unfair Wages and Workers.
Hungry Kids.
Divorce.
How Expensive is a POM?
Capital.
What Capital Goods Are.
Anarchy
Definition of Anarchy.
Violence
Fear and Dictators.
Running a Business.
Running a Business.