So much wrong in this article. First, barter does not outdate money, contrary to popular wisdom. Money is always the most difficult to produce or procure, most

So much wrong in this article. First, barter does not outdate money, contrary to popular wisdom. Money is always the most difficult to produce or procure, most long lasting, widely saleable good. No matter what system you start with, it will evolve into these characteristics because that's what problem solving humans want because it benefits them. Money is, among other things, a tool to transfer capital temporally. Saving it is tranfering capital you created today into the future. Borrowing it is transferring capital you will create in the future to today, at a cost that benefits a facilitator. Financially this is equivalent to shorting the present or shorting the future, or going long on the future with leverage, if you borrow for investment purposes. Creating a type of money that can only do this in one direction, that is, borrowing, is creating a world where we can only take from our futures and not give to our future selves. How you can do that without making the future worse is beyond me, seems impossible to my simple mind. We already have a softer version of this. Money doesn't expire, but it devalues, there's a cost to saving in money, that is higher in the present and near term than the cost to borrow it. So the game is such that the incentive is to borrow. And we see the effects of this, taking from our future, the future looks increasingly bleak because it is a certainty that, at some point in the future, this system will spiral out of control. We have sucked the value out of our future for frivolities today. If you can look at the state of the world and see the impact that our current monetary system has had, and believe that money that expires will be a positive development, I'd love to hear your reasoning.