corbettreport
November 18, 2009
Paul Grignon, the creator of the popular “Money as Debt” documentaries, joins Economics 101 to discuss his solution for an alternative currency. Digital Coin operates as a system of unique digital objects that function as self-issued credit. The value of this is measured relative to a “Perpetual Coin” unit of measure and fluctuates based on demand for that individual’s goods and services. For much more information on this fascinating idea, please visit the Digital Coin website: http://www.digitalcoin.info
see
Jane D’Arista on gold and fiat money Parts 7-8
El Salvador’s gold fight goes international
from the archives:
Money as Debt 2 – Promises Unleashed (full video)
Money As Debt (video) + “In Debt We Have Trusted,” For over 300 years By Jim Kirwan
Dandelion Salad 
‘Digital Coin operates as a system of unique digital objects that function as self-issued credit. The value of this fluctuates based on demand for that individual’s goods and services.”
Jct: I spoke with and warned Paul Grignon that there was nothing as stupid as letting the value of your measuring unit of exchange fluctuate. Looks like he didn’t listen to the banking systems engineer before publishing his “thesis” on the solution. I grade it “F”
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