« money is
a good servant, but a bad master », that s true !!!!
because money has been invented to offer public workers a way to
survive …. Public workers could not produce goods to barter.
In Lydia, the first
coins minted were standardized in electrum (alloy Gold Silver) and
the city of Sparta had an IRON currency, not exchangeable with others
cities. It was necessary to avoid the evil consequences of wealth
concentrated in the hands of a few citizens.
The monetary system
with Gold, Silver and Copper could be accepted almost worldwide !!!!
but instead of create a larger standardization of differents coins in
electrum or Iron, the people has created a large number of
denomination in gold, silver and copper or bronze …..
and creating a major
problem : THE SUPPLY OF PRECIOUS METAL !!!!
The creation of the
« money debt », two thousands years after, has created
another problem : CONSUMPTION OF NATURAL AND SOCIAL
RESOURCES !!!
Look at this
incredible chart about the history of the economic Growth !!
Fractional Reserve
Banking and Industrialism as progress have skyrocketed the growth the
last centuries ….. and especially the last decades!!!!
Look at now this
chart about the Growth of the population worldwide !!! it s
closely related …..
We will « pay »
this development based on the debts, with a major monetary control in
the future !!!! only because the Western countries can t go
back at their TRUE level of life, related with their true ability to
produce the Wealth …… and there are no sustainable ways to control a the up coming middle class in emerging countries !!!
THEREFORE, IT S
IMPORTANT TO GET A MONETARY SYSTEM BASED ON EXCHANGES AND WEALTH
PRESERVATION !!!
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