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</o:shapelayout></xml><![endif]--></head><body lang=EN-US link=blue vlink=purple><div class=WordSection1><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D'><o:p> </o:p></span></p><p class=MsoNormal><b><span style='font-size:10.0pt;font-family:"Tahoma","sans-serif"'>From:</span></b><span style='font-size:10.0pt;font-family:"Tahoma","sans-serif"'> extropy-chat-bounces@lists.extropy.org [mailto:extropy-chat-bounces@lists.extropy.org] <b>On Behalf Of </b>Stefano Vaj<br><b><span style='color:#1F497D'>…</span></b></span><o:p></o:p></p><div><div><p class=MsoNormal><br><span style='color:#1F497D'>>…</span>Money evolved quite a lot along history, as shown for instance by <a href="http://www.moneyasdebt.net/">Money as Debt</a>, as well as those in control thereof and its social function. I am not sure that some kind of "money", probably in the form of accounting units records, should not be maintained, and in fact it was even during the most radical socialist experiments, but this leaves open to debate most significant issues affecting it<span style='color:#1F497D'>…</span>Stefano Vaj<span style='color:#1F497D'><o:p></o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D'>During this discussion when some have commented about our need to get rid of money, I thought of a memoir my neighbor dictated to me about the fall of Vietnam. She lived with her husband and three daughters during the final days of Saigon as the communists closed in. They were a relatively well-off family: she was a French translator and bookkeeper for a French-owned bank, her husband was a manufacturing technician. Fearing instability, they withdrew their savings and were holding it in the form of paper currency hidden in their homes, very well hidden.<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D'>The communists took over the country. She went to see if she could trade any of the old currency for the new. She was told the old currency was of no value to them, to go find the people who issued it, most of whom were dead or in prison, if she wanted to trade it for something of value. Their advice to her was to avoid being seen with that currency, being as it would bring suspicion upon her and her family. Mind reeling, she wobbled toward the door. On the way out, she saw some of the old currency in the waste basket.<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D'>I am trying to imagine doing that with greenbacks, and seeing a pile of hundred dollar bills in the trash.<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D'>spike <o:p></o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D'><o:p> </o:p></span></p><p class=MsoNormal><o:p> </o:p></p></div></div></div></body></html>