Archive for the ‘Economy’ Category
Humans Natural Instinct towards The Best Currency~
Paper Money Vs. Silver
Related Posts:
Gold Dinar, Silver Dirham
“BANKING SYSTEM IS A CRIME, THE BANKERS ARE THE CRIMINALS”
Related Posts:
The Gold Dinar, Islam & The Future of Money by Syeikh Imran Hussein
More can be found here:
http://www.youtube.com/user/saab900seturbo / http://www.youtube.com/watch?v=I1MmbgSDEi4
Related Posts:
Surviving Financial Apocalypse by Doug Casey
America as a country has become a world-class debtor, and many Americans seem to think a maxed-out credit card is a reason to get a higher credit limit, not to economize. It’s like a global epidemic.
Sure. This is a story that’s going to end very badly for a lot of people.
Because you can’t use debt as money.
Aristotle, in the fourth century BC, was the first person to define what money is.
And what is it? It’s a 1)store of value and a 2)medium of exchange.
The paper we use today is a medium of exchange – it got that way because governments made it illegal not to accept it – but it’s not a good store of value. And it’s rapidly and radically becoming less of a store of value. What we use as money today is actually not money; it’s currency. Technically, that’s simply a word that indicates a government substitute for money.
What does make for good money? Again, Aristotle gives us the answer. It’s something that has five characteristics: it’s durable and divisible, consistent and convenient, and has value in itself.
Read more here: http://futurefastforward.com/images/stories/financial/Doug_Casey_On_Surviving_Financial_Apocalypse.pdf
Related Posts:
Financial Crisis 101 – By Janet Tavakoli (10/3/10)
A Must Watch Video!
This video explains how Cheap Money, Wide-spread ban (often predatory) Lending, Phone Securities, Credit Derivatives and Wall Street Banks’ Massive Over-Borrowing led to our current Financial Crisis. Yet there is no meaningful reform.
Q&A With Janet Tavakoli (10/3/10)
