TEDxBlackRockCity - Hollis Doherty - The Woergl Experiment and the Evolution of Money
HTML-код
- Опубликовано: 21 окт 2011
- Hollis Doherty is a writer, actress, and currency activist. A lifelong passion for protecting the Earth's natural resources led her to a Biology degree at the University of Colorado. When she recently discovered the true story of the currency experiment during the Great Depression in Woergl, Austria, she flew there to research and ultimately write a screenplay, "The Miracle in Woergl". The script has been optioned and has a world class Director attached. Hollis believes that to get to the root of our sustainability problems we've got to transform our monetary mechanisms. hollisdoherty.wordpress.com/
The focus of this innovation is rather than making money a better store of value by the accruing of positive interest you de-emphasize its store of value function entirely by designing into it a carrying costs or even an expiration date to encourage its flowing through the economy versus incentivizing the storing or hoarding of it. This I think will require people to really value community over money~it will require a consciousness change and the voluntary adoption of economic principles not founded on greed, domination and fear of scarcity but on really caring for one another and the planet. Thanks Hollis.
I feel we desperately need a parallel demurrage money to refurbish the natural world and change all industry, energy use, home heating, transportation and retail to zero carbon. The insanity of interest based money mono-culture is incredible.
Thanks for so clearly and elegantly articulating this idea for exchange. It makes so much sense. Well done.
Great job Hollis! Sorry I missed this in person!
Congrats Hollis! Thank YOU for sharing such a powerful talk!
Nice to see the Natural Economic Order being presented at TEDx. Hollis Doherty properly introduced the basic idea of Silvio Gesell's Freigeld and then unfortunately digressed into strange talk about yin and yang money. It is important to realize that Silvio Gesell never considered his Freigeld as a local complementary currency to a national interest money. On the contrary, free money is meant to completely displace interest money, which happens all by itself, especially during a depression, if no national bank interrupts the miracle (as was the case in Wörgl). It is also important to mention the second pillar of the Natural Economic Order: the nationalization of the land. The earth belongs to all people and therefore cannot be private property. If land is for sale, the owners can generate a unproductive income by means of rent. The Natural Economic Order aims to regulate unproductive income down to zero by correcting money and land law. In consequence of these corrections supply will cover the demand in every respect - then we are in heaven on earth.
There's a movie about this called "Shillings from Heaven" or "Das Wunder von Worgl" from Swiss director Urs Egger who just passed away this month.
It's incredibly hard to find but definitely worth the effort. It's almost like they don't want us to see it.
Wow! I was working on a script where young people created their own money but I thought it was just fantasy I created. Thank you for your talk on the reality of what I thought was possible.
finished the script?
This sounds interesting!
Makes me think of the contrast between the Bitcoin and Freicoin currencies; Bitcoin is deflationary, gaining value over time by the laws of supply and demand, while Freicoin has demurrage (built in depreciation). Interesting to hear a historical application of this concept pre-cryptocurrency.
P2P Connects Us
Thank so much - I hadn't hrardvof this one. I am so sick of Cryptocurreny being used as a get-rich-quick scheme rather than as a currency that serves society.
subbed! =^)
Best stuff I have ever heard about money. Finally, I solution for our new world order, the age of Aquarius. This makes total sense and we can finally be liberated and live free. This is DOPE! Bravo Hollis - you go girl!!
The Woergl Experiment worked for the common people. It is unfortunate but not at all surprising that the elite shut it down, as duplication would have alleviated a great deal of suffering.
However, with today's technological capabilities, abundance could be created for all by detaching from a monetary system entirely; and replacing it with a resource-based economy. As far-fetched as this may sound initially; I invite you to look at the work and philosophy of Jacque Fresco, before closing your mind.
+C K Zeitgeist misses the baby steps or transition to such a world~for now money is the fluency of exchange and if we can make the system more just and sustainable it will lead us closer to a resource based economy. Silvio Gesell's innovation could be exactly the kind of technic to shift peoples sluggish imaginations to a world of abundance that RBE is all about.
very nicely put and performed :)
Nicely done Hollis!
Bravo. Good presentation !
This is awesome.
Today the problem is not that there isn't enough money; its the fact that most money created today is created or comes into existence, as an interest bearing debt by the factional reserve banking system. It is unsustainable...
+B Charron The innovation Sivio Gesell emphasized focused on the flow of the currency or velocity of its exchange~this is what the Woergl experiment is about. Rather then making money a better store of value by attaching positive interest to it Gesells innovation was to design it to depreciate so people would get rid of it causing it to flow. Yes theres a lot of money but the system is structured around hoarding it.
@@summondadrummin2868 and if you follow that train of thought you realize that all the money the Fed is printing every night since last September through repo operations is NOT circulating in the real economy. Because if it was salaries, manufacturing and job creation would go back up ...
@@oliverizzard8751 what do you think would be an effective engineering of the monetary system?
LOL a TEDx at Burning Man - that's funny.
Yaay Hollis! You go girl! :)
This is only one potential innovation but were In a world and time where people can awake from the dull slumber of thousands of years of money being such a big controlling deal~ to a world where people work together to design the economy/monetary system to go where many if not most people want to go~ family, creativity, community and caring for the earth. Small things and changes add up and the game is ongoing.
No, just excessive inflation, most aim for 3-4% per year
I'm having difficulties applying the yin/yang association to the idea of money.
Yang Money is competitive, Yin Money is cooperative. Read "Rethinking Money" by Bernard Lietaer to understand more.
@@networkeconomy Thank you very much! :)
Angel NicGillicuddy 😇💜
Shibboleth
The isle of Guernsey issues debt free currency for public works to this day. I have no idea what she means by yin and yang currency energy, but I know Guernsey is getting it done using math and sticking to the central banking system. Google 'The Guernsey Experiment'.
+skysurfer Central Banking system is not debt free from my research. The Guernsey system likely has a different name. Simply local government issued fiat currency.
Imagine a wealth-tax where if you have a lot of money you get a lot of money, if you have a little bit money you get a little bit, but if you have no money you have to pay a lot. that’s exactly whats happening with the interest system.
Separating yin & yang is totaly destructive: yin only comes in mind to clear up the shit of yang that has refused yin. And then everybody is euforic.... right.
Humans are already yin&yang.
With our free life entrance back again (which costs nothing), we just live our lives. No need to watch the economy. We are the economy: we buy food and water and so on. Taxes are not needed from life entrance. It also does not need an artifical yin divided by yang story.
Our life entrance is already here.
It's call inflation. All central banks work hard to defeat inflation in all economies.
UnterBoogerGruger? Whatith the fucketh?