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	<title>Comments on: Scrip Currency is a Recipe for Disaster</title>
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	<link>http://www.nothirdsolution.com/2008/07/09/scrip-currency-is-a-recipe-for-disaster/</link>
	<description>Blogging about liberty, anarchy, economics and politics</description>
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		<title>By: Francois Tremblay</title>
		<link>http://www.nothirdsolution.com/2008/07/09/scrip-currency-is-a-recipe-for-disaster/comment-page-1/#comment-4065</link>
		<dc:creator>Francois Tremblay</dc:creator>
		<pubDate>Thu, 10 Jul 2008 18:29:45 +0000</pubDate>
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		<description>&quot;The scrip solution is a way to ameliorate the impact of a debased/unabailable national currency.&quot;

How can it do that when you PLAN for your own scrip to debase itself year after year?


&quot;It catalyzes economic activity locally.&quot;

That can&#039;t be done by any currency or scrip.


&quot;Also, it’s not forced but an alternative means of exchange. Participants can save in the national currency.&quot;

Then what good is your scrip, if you can&#039;t live with it? You are not helping to free people from the tyranny of inflation and State currencies. 

BTW, deflation is the opposite of inflation. You made that error in your article.</description>
		<content:encoded><![CDATA[<p>&#8220;The scrip solution is a way to ameliorate the impact of a debased/unabailable national currency.&#8221;</p>
<p>How can it do that when you PLAN for your own scrip to debase itself year after year?</p>
<p>&#8220;It catalyzes economic activity locally.&#8221;</p>
<p>That can&#8217;t be done by any currency or scrip.</p>
<p>&#8220;Also, it’s not forced but an alternative means of exchange. Participants can save in the national currency.&#8221;</p>
<p>Then what good is your scrip, if you can&#8217;t live with it? You are not helping to free people from the tyranny of inflation and State currencies. </p>
<p>BTW, deflation is the opposite of inflation. You made that error in your article.</p>
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		<title>By: John Robb</title>
		<link>http://www.nothirdsolution.com/2008/07/09/scrip-currency-is-a-recipe-for-disaster/comment-page-1/#comment-4064</link>
		<dc:creator>John Robb</dc:creator>
		<pubDate>Thu, 10 Jul 2008 10:55:09 +0000</pubDate>
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		<description>Hey, I suspect the title of the blog sums up the critique.  

The scrip solution is a way to ameliorate the impact of a debased/unabailable national currency. It catalyzes economic activity locally.  

Also, it&#039;s not forced but an alternative means of exchange.  Participants can save in the national currency.</description>
		<content:encoded><![CDATA[<p>Hey, I suspect the title of the blog sums up the critique.  </p>
<p>The scrip solution is a way to ameliorate the impact of a debased/unabailable national currency. It catalyzes economic activity locally.  </p>
<p>Also, it&#8217;s not forced but an alternative means of exchange.  Participants can save in the national currency.</p>
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