Budget for interest rate increases

Collapse
X
 
  • Time
  • Show
Clear All
new posts
  • sgafc
    Bronze Member

    • Mar 2009
    • 175

    #16
    Point taken. Just that I noticed that by using my D.O. company to transact, that I did not use any cash at all.

    Setting up these systems require effort and discipline, and they face huge challenges. We furthermore have meddling and /or obstruction by the authorities, that makes it next to impossible to set up these schemes.

    The world banking system have nevertheless mastered the art of trading in non-existent money, backed up by a plethora of central bank laws and governments. They also created a situation as equally disastrous as the Zimbabwe situation and worse than the situation that you have experienced(trading credits).

    Latest news reports reveal that the US Economy is in for another major bailout. Where does all this money come from when the American Economy recorded mega deficits?

    I am not suggesting that an immediate implementation of some bartering/ trading units will solve our financial woes. But alternatives will have to be explored, if we are to survive the major Crash that awaits us.
    Sean Goss We all are scared, but only few are brave.
    www.sgafc.co.za

    Comment

    • Dave A
      Site Caretaker

      • May 2006
      • 22807

      #17
      I can't help thinking it would be more productive focusing on developing more producers of value and fewer consumers of value. Playing around with currency systems just shifts the problem around a bit; it doesn't solve the root cause.
      Participation is voluntary.

      Alcocks Electrical Services | Alcocks Pest Control & Entomological Services | Alcocks Hygiene Services

      Comment

      Working...