Lydia

Question: Wouldn’t Organized Crime just go right on using the currencies of other nations? Answer: I am confident that they will certainly try. So let’s imagine that we are a criminal organization. Our product is something that we need to sell to a mass market. This is not something that […]

Question: Why would anyone work in this system? Response: After all, if one gets all the necessities of life without paying for them, why would anyone do any work at all? Why wouldn’t the lazy, shiftless, no-accounts just live "on the dole" so to speak? I am quite confident that […]

Question: Why do we have to have that computer spying on everything? Answer: Anyone who has read the first 3-5 chapters in Invisible Hand is well aware that the computer system in the novel sees and hears everything that everyone does, even in the bedroom. The computer system also keeps […]

Question: Who Sets the Prices? Answer: Given that prices are constant with the non-POM money, that is a natural question. We are used to each owner deciding whether to accept or reject a price offered by a potential buyer for some item of his property. It is the price that […]

Question: Can You Tell Me More About That Free Stuff? Response: Who pays for all the "free stuff"? Even slackers in addition to the Payers and everyone else in the non-POM economy do not need to spend any money at all in order to get the goods and services not […]

“The great mass of the people are interested in only three things – food, water and clothing. A politician in a district such as mine sees to it that his people get these things. If he does, then he doesn’t have to worry about their loyalty and support.” ~~Martin Lomasney, […]

Question: Who makes the decisions concerning what is a necessity and what is a luxury? Answer: The nature of a non-POM does not require that any particular group or individual make such decisions. Also, these designations can change from time to time. But I think it most likely that the […]

Question: What backs a non-POM form of money? Answer: When one accepts a paper currency, one is accepting something which has almost no value in and of itself. A piece of engraved paper just isn’t worth very much for itself. It is what the paper represents that makes it valuable. […]

Question: What about Payers who commit crimes? Answer: With millions of people becoming Payers, it is as certain as anything can be that some of the Payers will commit crimes and some Payers will pay unfairly: perhaps even in exchange for some consideration or other. Payers are only human and […]

Question: Isn’t this just another form of socialism with the Payers owning everything and lording it over everyone as the government? Answer: The short and simple answer is "No, it is not socialism." But this question would not have come up if there wasn’t something about this new kind of […]