Budget for interest rate increases

[Marq]

and replace it with the New World Order.

Not yet - we need the Third world war to get going properly and 2012 scenarios to play out.

In the predicted scenarios of Siener, Notradamus, Cayce, Mother Shipton and others, as far as I know, there is no final world order for economic purposes as we think. It will be a new consciousness raised by a war of attrition whereafter the new age starts anew.

And my favourite of course is from LZ

And as we wind on down the road...
Our shadows taller than our souls,
There walks a Lady we all know
Who shines white light and wants to show
How everything still turns to gold.
And if you listen very hard
The tune will come to you at last...
When All are One and One is All --
To be a rock and not to roll.

[sgafc]

And If you think there are no alternative economic systems.....check this out

http://money.cnn.com/2009/06/23/smal...air_trade.fsb/

[Marq]

Yep -Bartering been around forever in various forms.

This article reflects a small town scenario where a basic swap of services does the trick. In an ongoing scenario however it seems to fail as an element of greed and consideration of value becomes an issue. It may have worked in the old days and it may work in a rural economy, where basic needs are the only issue but in todays world where we have many other items at hand and have seen a competitive marketplace work the odds are a bit skewed.

That however is not the reason it will not work in your world dominance scenario.

The taxman, politicians and power corporates like the banks will close it down. They cannot control it and they get no return from it. Therefore it is evil and therefore they will go out of their way to ensure its downfall.

[sgafc]

No disrespect, but how do THEY(Banks, Corporates, Government) close it down? If I ask my plumber client to fix my leaking pipes(which I have done in the past), in return for forgoing a portion of his accounting fees, I have committed nothing illegal. Will the authorities come and "unfix", my pipes. Remember you cannot put a price tag on value exchanged nor is it,next to impossible to control

[Marq]

I have committed nothing illegal.

mmmm....Now you are telling me as an accountant the vat act has not covered this point somewhere. The Income tax act I am not sure about but sure its in there somewhere and have not the time to find it there.

The general clause used by the taxman is

"consideration"

in relation to the supply of goods or services to any person, includes any payment made or to be made (including any deposit on any returnable container and tax), whether in money or otherwise, or any act or forbearance, whether or not voluntary, in respect of, in response to, or for the inducement of, the supply of any goods or services, whether by that person or by any other person, but does not include any payment made by any person as a donation to any association not for gain;

Ask Garth Le Roux, whether he had to get his pipes unfixed.
Check here

And then if you havnt seen the Banks and corporates in action as they shut your water and electricity off - cause you cannot barter that with the municipality and need cash to pay for it which you got from the ......bank.

What happens when you need...say my electrical expertise, and I do not need an accountant? How are you going to pay me? If you set up a trade credit bartering system with a group of suppliers - you are going to need to introduce the concept of 'value'. You can place a value on the barter trade and it has been done before. I have seen and been involved in these Barter Exchange systems - all have failed thanks to one entity.....the tax man.

[sgafc]

Thanx for the insight. Quite scary if you think about the methods that could be employed by the authorities, to maintain control. Many people, including myself, however remain committed to exploring the bartering system. I agree that the VAT/Income Tax Act look at the "consideration", not whether money was exchanged. In the plumbing example scenario, I did in fact raise an invoice, in both my books and the clients books for the "service", it is just that no cash exchanged hands. The Vat and Income Tax on the transaction was duly paid.

While exploring alternatives to the current system, people should never break any laws, be they common or taxation.

Even cash as it is could be a viable means of trading, if it wasnt tainted by the banking system, ie banks creating money "out of thin air" and charging interest on it. This is the problem, not the bartering system, not cash, not even Debit Cards.

As soon as CREDIT is introduced, it creates the opportunity for manipulation. Since so much CASH and trade in circulation is DEBT Based(overdrafts, credit cards), people are exploring alternatives.

The GFC was caused by "Reckless" lending(read intentional financial crisis creation), to make people dependent...