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Re: Fw: [gang8] Cartalism
Here is a dollar. Is it "weak money," or is it "strong money?"
My employer writes me a check for my services. Is it "weak money," or
"strong money?"
I have worked for 40 hours, and my employer will pay me for that in one
week. Is that "weak money," or "strong money," or is it money at all?
I just charged my meal on my credit card. Is that "weak money," or "strong
money?"
I just charged my groceries on my debit card. Is that "weak money," or
"strong money?"
I think the answers to those questions ought to be illuminating.
I also think the terms "weak" and "strong" betray an inherent bias in the
analysis, but that is neither here nor there.
At 06:34 PM 9/23/03 -0400, Gunnar Tómasson wrote:
>Geoffrey Gardiner posted the following to Gang8:
> 1. There are basically two kinds of
>money, money derived from businessmens' debts, "strong money," and money
>derived from state debts "weak money.".
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