Thursday, May 17, 2012

Advantage 84 – Paper money is possible

Excerpt from the book »Gradido – Natural Economy of Life«


»Paper money sooner or later reverts to its innate value of zero.«
– Voltaire
French writer and philosopher

Some complementary currencies are tied to certain means of payment. Thus, there are, for example, purely electronic currencies, which only function on the internet; and on the other hand, there are regional currencies on the basis of printed vouchers.

The gradido, which is subject to the cycle of growth and decay, can be most easily realised with electronic booking systems.

In case paper money is still needed, we have developed the dynamic currency FREE, which continually adjusts its rate of exchange to the gradido. For small amounts and rough calculations it is enough to adjust the FREE every three months and the daily rate is used for large amounts. You can find a detailed description of the FREE in the annexe to this book. 

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