Friday, September 21, 2007

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SIMEC The precursors of Naples SCE'C

Experience of Naples, which occurred with the issuance of the new local currency called. SCE'C, reminds us of what was to create a certain professor Giacinto Auriti at the end of July 2000. These
, as founder and secretary of Saus ( Syndicate Wear ), as well as advocate of the theory of induced value for over three decades, put in circulation SIMEC (symbols econometric led value) is the exclusive property of the bearer; purpose of this experiment was to ensure that citizens can, by convention, set the value of local currency without any intervention nor the State nor the banking system. The ultimate goal was to replace the illegitimate sovereignty of the Bank of Italy, the properties of money, a prerogative of the State, in favor of individual citizens, the experiment is already a very considerable success, because it brought an anchor of monetary policy, namely the investigation on the practical and factual to the principle that the value is given to money only to those who accept it (citizens) on the basis of a convention, not by the person issuing it (the bank). The operation took place in economic
Guardiagrele (Ch), had a further significance in view of the fact that the currency was abolished convertible into gold or the cd. gold reserve 15 August 1971 at the initiative of U.S. President Richard Nixon historically known as the abolition of the Bretton Woods agreements of 1944.
can not doubt that the initiative of Abruzzo lawyer is an important scientific evidence of unprecedented economic and legal sociology in Italy, especially because it comes from a private association (Saus) and not by an entity with public power, as could be, if not the State, the City Council. It should also add that the experiment of Auriti solicited the attention not only of Italian political parties, as well as the national press, but also several foreign media organizations, demonstrating the interest aroused by the new revolutionary formula money, which configures currency as an instrument of social law with content assets such as art. 42 in the second paragraph of the constitution, which recognizes the property for all in adding legitimacy to the political sovereignty even in the hands of the monetary national communities.
Auriti built the project into two phases: first, the professor called it goodwill, he served as the SIMEC could achieve "induced value that objectifies him as a real asset, being property of the bearer," and that distinguished him from currency not just formally but also materially. The second phase which allowed the City "benefit of the service set up by econometric Saus, by a Revenue Department for Citizenship, which took as its task, even culturally, the initiative, to monitor and implement the distribution of SIMEC between citizens ".
In essence, the project technically developed along these lines: the citizen went and changed the SIMEC on par with the pound. Poniamolo like this: The city filed a hundred thousand lire (we were still the most functional but very old lira) and took in exchange for one hundred thousand SIMEC. SIMEC hundred thousand in the hands of the person making the change became two hundred thousand is double, because the agreement was worth twice SIMEC for the pound, and since he accepted it and accepted at the same time also to attend the convention, allowed the birth of conventional values \u200b\u200bthat are reported to have consistency in the abolition of the gold reserve occurred with the termination of the Bretton Woods institutions. The
SIMEC was unqualified as, for example, an antique stamp. The city went from dealer to do the shopping and the group agreed to double the SIMEC because the convention was worth double. When citizens, then went to make the switch to twice this happened, because everyone accepted it for double. All this resulted in a real driving force for the local economy. When it entered the market value of the induced SIMEC the blood is returned in the economy, allowing people to actually touch the economic and social renaissance of the country which unfortunately collapsed under the kidnapping of SIMEC available on the Attorney Chieti on reports of some dealers and considerable economic pressure by the person "The Bank of Italy." However, I remain of the view that this initiative Partenope merits some attention because it could actually find its repetition on a large scale, since the SIMEC Guardiagrele initially placed under sequestration, release from seizure were later revealed, on the occasion, the legality and credibility of that famous experiment of high-caliber as indeed has shown throughout the whole of his life Genius Auriti unbeatable wrestler of the banking system.

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