Comments on: Paul Gilding on the Great Disruption: Effective Global Default is only a matter of time https://blog.p2pfoundation.net/paul-gilding-on-the-great-disruption-effective-global-default-is-only-a-matter-of-time/ Researching, documenting and promoting peer to peer practices Fri, 22 Jul 2011 11:12:39 +0000 hourly 1 https://wordpress.org/?v=5.5.17 By: Robert Searle https://blog.p2pfoundation.net/paul-gilding-on-the-great-disruption-effective-global-default-is-only-a-matter-of-time/comment-page-1/#comment-485541 Fri, 22 Jul 2011 11:12:39 +0000 http://blog.p2pfoundation.net/?p=18137#comment-485541 As a part of my research into the development of Transfinancial Economics, or TFE I came across a brand new copy of Gildings book in Slough Library. Like many, he seems to feel that a disaster(s) of some great magnitude is necessary to force governments to bring about change on a “war footing”. However, in TFE this is unnecessary as there would always BE FINANCIAL INCENTIVES TO GET THE CAPITALIST SYSTEM TO BRING ABOUT GENUINE GREEN REVOLUTION ON A GLOBAL SCALE.

Some people argue that there is enough earned money to deal with the above. However, this is highly questionable. With TFE, enough new non-repayable money could be electronically created (sans serious inflation), and used in full, or in part to facilitate green projects as never before in human history.

Ofcourse, true free marketeers would not like the above notion as many of them still think that the market can do it all by itself. Such individuals notably in the USA are ofcourse ludicrous hypocrites when it is realized that subsidies using tax dollars are used for the gas, and oil industry, health care, mortgage aid, and other “needs”. In a genuine free market this should never does….but ofcourse, it does!! How dumb does it get?

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