Tuesday 20 January 2015

The past of money ...

The central Banks have disconnected the States from the citizens ..... During the major part of the human history, political leaders should consider the intrinsic nature of their lands ...... It s no more useful with the central Banks ...

The concept of Fractional Réserve Banking has killed the SAVINGS .... and changed the nature of money. But, without the massive amount of liquidities, the Great steps forward in sciences and technology the last décades, even centuries,  were impossible.

But in a system where the liquidity is massive, the wage earning is maybe not the best conception of work

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