> A year before I started to use the term "natural money" knowing
> nothing about Joseph in Egypt and some other details

> Rice and other natural money
> http://knowledgeperson.blogspot.com/2008/05/rice-and-other-natural-mo...

> The Global Natural Money Board
> http://groups.google.com/group/KnowledgePersons/browse_thread/thread/...

> My purpose was to generalise more earlier

> Oil & gas money
> http://knowledgeperson.blogspot.com/2007/04/oil-gas-money.html

> Intangibles: brands, values ... Why not money?
> http://groups.google.com/group/KnowledgePersons/browse_thread/thread/...

> and before that

> Knowledge Money will be yours
> http://knowledgeperson.blogspot.com/2006/10/knowledge-money-will-be-y...

> including some of my post about criticising usury - in its wholeness
> long before crisis. So, that was my way - quite open.

> As I can see at naturalmoney.org (Created On:01-Oct-2008) there are
> some similarities (no usury and credit, for instance) and differencies
> with my understanding of natural money. Someone else can see here
> something another.

> To clarify this I would like to ask for a start:

> 1. Who can implement the conversion plan to the natural money
> financial system?
> http://www.naturalmoney.org/conversionplan.html

> 2. By what natural money will be backed if to take into account that
> there is "In 2007/2008 the stock to consumption ratio went below 20%,
> which means that less than 20% of the yearly consumption of the most
> important foods is in stock. Humanity has a food supply stocked for
> two months (see figure below)"?
> http://www.naturalmoney.org/buildfuture.html

> 3. Who proved this: "Earth is currently overpopulated with humans. The
> optimal number of humans on earth is probably between 500,000,000 and
> 1,000,000,000."?
> http://www.naturalmoney.org/buildfuture.html

> Nikolay

> On May 22, 8:14 pm, niphtrique <bart_klein_ik...@hotmail.com> wrote:
> > Natural Money: The most efficient monetary system

> > Introduction

> > Natural money was the result of the discovery of the most efficient
> > monetary system. The natural money monetary system will create an
> > economy with constant economic growth at maximum potential that will
> > destroy all other monetary systems in competition. Therefore the
> > natural money monetary system will become the dominant monetary system
> > in the world at some point in the future. Natural money has the
> > following features:
> > - a hoarding tax, which amounts to 0.5% to 1.0% a month;
> > - a complete ban on usury, which is charging interest on money;
> > - a money supply that is constant which only can be changed by a
> > democratic vote;
> > - a complete ban on credit, which is creating money out of nothing.

> > History

> > Joseph in Egypt
> > Money with a hoarding tax was already introduced by Joseph when he was
> > viceroy of Egypt. When the pharaoh had dreams about seven fat cows
> > being eaten by seven lean cows and seven full ears of corn being
> > devoured by seven thin and blasted ears of corn, Joseph explained the
> > dreams to the pharaoh. He told the pharao that seven good years would
> > come and after that seven bad years would follow. Joseph advised the
> > Egyptians to store food on a large scale. They followed his advise and
> > built storehouses for food. In this way Egypt survived the seven years
> > of scarcity.

> > What is less known, because it is not recorded in The Bible, is that
> > the storing of food resulted in a financial system. The historian
> > Friedrich Preisigke discovered that the Egyptians used corn receipts
> > for money. Farmers bringing in the food, got receipts for corn. Bakers
> > who wanted to make bread, brought in the receipts, which could be
> > exchanged for corn. It did not take long before the receipts where
> > generally accepted as money. Because of the degradation of the corn
> > and mice eating it, the value of the receipts was steadily decreasing.
> > This enticed people to spend the money fast.

> > The corn receipt system lasted for many centuries. It made sense to
> > store food to provide for hard times. This currency remained in
> > function in Egypt until it was replaced by the Roman currency during
> > the late Ptolemaic period. The introduction of natural money may have
> > enabled Egypt to remain a stable civilisation for another 1,500 years.
> > The Egyptian civilisation lasted for more than 2,000 years, far longer
> > than any civilisation ever.

> > The miracle of Wörgl
> > There are a number of successful examples of the introduction of money
> > with a hoarding tax. Wörgl is the best known example. During the Great
> > Depression, the Austrian town of Wörgl made economic history by
> > introducing a complimentary currency. The mayor Michael
> > Unterguggenberger had a long list of projects he wanted to accomplish,
> > but there was hardly any money with which to carry them out. Rather
> > than spending the 40,000 Austrian schillings in the town’s coffers to
> > start these projects off, he deposited them in a local savings bank as
> > a guarantee to back the issue of a type of complimentary currency
> > known as 'stamp scrip'. The Wörgl currency required a monthly stamp to
> > be stuck on all the circulating notes for them to remain valid,
> > amounting 1% of the each note’s value.

> > Because nobody wanted to pay what was effectively a hoarding fee,
> > everyone receiving the notes would spend them as fast as possible. The
> > 40,000 schilling deposit allowed anyone to exchange scrip for 98 per
> > cent of its value in schillings. This offer was rarely taken up
> > though. Over the 13-month period the project ran, the council not only
> > carried out all the intended works projects, but also built new
> > houses, a reservoir, a ski jump, and a bridge.

> > The key to its success was the fast circulation of scrip within the
> > local economy, 14 times higher than the Schilling. This in turn
> > increased trade, creating extra employment. At the time of the
> > project, Wörgl was the only Austrian town to achieve full employment.
> > Six neighbouring villages copied the system successfully. In January
> > 1933, the project was replicated in the neighbouring city of
> > Kirchbuhl, and in June 1933, two hundred Austrian townships were
> > interested in adopting the idea. At this point the central bank
> > panicked and decided to assert its monopoly rights by banning
> > complimentary currencies. The people unsuccessfully sued the bank and
> > later lost in the Austrian Supreme Court. It then became a criminal
> > offence to issue 'emergency currency'.

> > 12 steps to freedom and wealth

> > The natural money system brings freedom and wealth in 12 steps:
> > 1. Interest on money should be banned. Return on capital is a good
> > thing, and should not be abolished.
> > 2. Raise a tax on money. This is not a tax on wealth, so shares, real
> > estate and money lent, are not taxed.
> > 3. Do not create more money, so there will be no monetary inflation.
> > 4. Because there is a tax on money, people will soon use the money to
> > invest, to consume or to lend without interest.
> > 5. Because on money lent, no interest may be charged:
> > - money will only be lent to reliable people and companies.
> > - less money will lent and more money will be directly invested in
> > equities and real estate.
> > 6. Therefore there will never be an economic crisis, because money is
> > spent directly and there are no bad loans.
> > 7. Because all money is directly used for investment or consumption,
> > the economy grows steadily at maximum potential and there is full
> > employment.
> > 8. The financial sector is largely superfluous. That is a good thing,
> > because this sector produces nothing and destabilises the economy.
> > 9. Governments also need much less to interfere with the economy.
> > 10. As the economy grows constantly at maximum speed, and because no
> > more money is created, prices will fall. Therefore loans with zero
> > percent interest will have a return that is probably higher than the
> > interest rate you will get at the bank now. The money lent will be
> > worth more when the loan matures.
> > 11. If one country chooses to apply this system, it will attract
> > capital from other countries since the return of loans with zero
> > percent interest rate is higher than the yield on interest in other
> > countries. Therefore, all other countries will need to do this, if one
> > country has changed its money system in this way.
> > 12. Now everyone is free. There is no fear in the economy. There will
> > always be work for employees and there will always be customers for
> > viable businesses. Nobody is deeply in debt.

> > Effects

> > Using natural money all kinds of problems we face now can be solved
> > easily. Natural money will have the following effects:
> > - Natural money will save the earth and nature by promoting
> > sustainable investment and recycling;
> > - Natural money will free people and countries from debt slavery;
> > - Natural money will end unemployment without government intervention;
> > - Natural money will create a stable economy without crisis which does
> > not need government or central bank intervention;
> > - Natural money will end senseless economic activities in the money
> > system which destroy the economy;
> > - Natural money will result in a dramatic rise in government income
> > which makes it easy to lower taxes and address all social problems in
> > society;
> > - Natural money economies will perform better than all other kinds of
> > economies. This will attract investment capital, which forces all
> > other economies to adapt the natural money system.

> > Quotes

> > Natural money is the most efficient type of free money. Silvio Gesell
> > outlined the theory of free money in the Natural Economic Order. Many
> > famous economists and scientists saw the enormous potential of free
> > money:
> > - "I thoroughly enjoyed Silvio Gesell's brilliant style. The creation
> > of money that cannot be hoarded will lead to a different and more real
> > kind of property."
> > Professor Albert Einstein, Nobel Prize Winner
> > - "Gesell's name will be a leading name in history once it has been
> > disentangled."
> > H.G. Wells
> > - "The application of Gesell's principle of circulation of money will
> > lead the nation out of the depression within two to three weeks. I am
> > a humble student of this German-Argentine businessman."
> > Professor Irving Fisher, Yale University, America's greatest economist
> > - "I believe that the future will learn more from the spirit of Gesell
> > than from that of Marx."
> > John Maynard Keynes
> > - "Gesell's work will initiate a new epoch in the history of mankind."
> > Prof. Dr. B. Uhlemayr
> > - "Gesell's discoveries and proposals are of the greatest importance
> > for centuries to come."
> > Dr. Theophil Christen, eminent mathematician and physicist, Berne

> > More information

> > The following information can be found on the Naturalmoney.org
> > website:
> > - More information about the current state of the US economy can be
> > found here:http://www.naturalmoney.org/howbad.html
> > - The natural money theory in detail can be found here:http://www.naturalmoney.org/full-theory.html
> > - A realistic conversion plan to the natural money economy can be
> > found here:http://www.naturalmoney.org/conversionplan.html
> > - A plan for the future with natural money can be found here:http://www.naturalmoney.org/buildfuture.html