Sunday 23 December 2012

The labor force and money creation

Centuries ago, slaves worked in gold/ silver mines, used to create new coins.  Nowadays, western governments  are increasing taxes to pay bankers , who create money out of nothing ….

The world doesn’t change  !!!! The labor force is still closely related with the creation of money !!! it’s a huge mistake !! the labor force should be only  related with the creation of wealth.

Money is a medium of exchange, not an asset, and not a wealth  !!!!! So, currencies can be created from projects or ideas …. Don’t forget the quantity of gold or silver in coins could decrease …, creating often  economical problems  across history.

No comments:

Post a Comment

END OF THIS BLOG , now it s on sowarigpa.health

 JOIN ME NOW , it s on sowarigpa.health  a nex plateform and a new blog !