Comments on: Money As Debt – Animated Video http://educationaltechnology.ca/couros/1012 rants & resources from an open educator Thu, 09 Feb 2012 05:34:43 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Bruce Mayo http://educationaltechnology.ca/couros/1012/comment-page-1#comment-154233 Bruce Mayo Sat, 15 Nov 2008 21:19:58 +0000 http://educationaltechnology.ca/couros/?p=1012#comment-154233 The descriptive part of the video is very entertaining and made a lot things clear to me that I at best only vaguely understood. But I can't follow on the proposal that governmental "value money" would be lent without interest. Where would venture capital come from? Why would anyone want to take on the risk if they couldn't charge interest? And where do we find the government that knows the best way to build infrastructure? The descriptive part of the video is very entertaining and made a lot things clear to me that I at best only vaguely understood. But I can’t follow on the proposal that governmental “value money” would be lent without interest. Where would venture capital come from? Why would anyone want to take on the risk if they couldn’t charge interest? And where do we find the government that knows the best way to build infrastructure?

]]> By: Rob Wall http://educationaltechnology.ca/couros/1012/comment-page-1#comment-153081 Rob Wall Sun, 28 Sep 2008 17:19:10 +0000 http://educationaltechnology.ca/couros/?p=1012#comment-153081 Kind of frightening to think that our monetary system is just a giant Ponzi scheme. Watching this in the context of the current financial system meltdown in the United States emphasizes just how big and shaky this house of cards might be. But I wonder if our monetary system in Canada is inherently as bad, or if it is just far too closely connected with the U.S. system? Either way, I'm going to start growing some vegetables and raising chickens in the back yard so that I have something with intrinsic value to barter with ... just in case. Kind of frightening to think that our monetary system is just a giant Ponzi scheme. Watching this in the context of the current financial system meltdown in the United States emphasizes just how big and shaky this house of cards might be. But I wonder if our monetary system in Canada is inherently as bad, or if it is just far too closely connected with the U.S. system? Either way, I’m going to start growing some vegetables and raising chickens in the back yard so that I have something with intrinsic value to barter with … just in case.

]]> By: Jabiz Raisdana http://educationaltechnology.ca/couros/1012/comment-page-1#comment-153078 Jabiz Raisdana Sun, 28 Sep 2008 10:52:28 +0000 http://educationaltechnology.ca/couros/?p=1012#comment-153078 Thanks for bring this to my attention. I watched it after I saw your Tweet about it. It inspired me to plan a quick lesson for my online class. http://intrepidclassroom.edublogs.org/2008/09/28/lesson-one-money/ Stay tuned to see if anyone reacts, or chime in yourself. Thanks. You are always a source of great media on the web. Thanks for bring this to my attention. I watched it after I saw your Tweet about it. It inspired me to plan a quick lesson for my online class.

http://intrepidclassroom.edublogs.org/2008/09/28/lesson-one-money/

Stay tuned to see if anyone reacts, or chime in yourself. Thanks. You are always a source of great media on the web.

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