Money As Debt

http://MoneyAsDebt.net (Full film at http://Video.Google.com/videoplay?docid=-9050474362583451279 )

Paul Grignon's 47-minute animated presentation of "Money as Debt" tells in very simple and effective graphic terms what money is and how it is being created.

Questions/Thoughts

Can centralized control, renting the right to issue, arbitrary fiat and partial reserves, be solved through peer issue?

What would back a P2P currency, and how would issuance be constrained without a central authority?

I would like to write a simple computer program (maybe some kind of trivial game) to show how this works, but am having trouble envisioning what it would look like. Any ideas? --Ownut 11:27, 3 September 2007 (PDT)