Friday 7 July 2017

Why people never understood money ????


I think only because people never HAD money….

For centuries, money has been a real asset (physical gold and silver), most people used only copper or bronze coins. Money became credits and paper money recently , only during the last decades …..

Fractional reserve banking has been invented several centuries ago, but the massive extension of credits is recent. When people want to keep high the prices of assets, they don t imagine that they keep low the value of the currencies.

The social paradigm in the Western countries is based on the individual, on the Ego … It fits very well with a unlimited credit. The welfare States promised to care each citizen, it works also well with a massive increase of debts.

We are living in social relationships based on EXCESS only !!! excess in wealth or in poverty.

Money has been invented to create more social links and to reward public workers who could not produce something to barter ... It s really important to consider a new way to invent again money. 

That s our mission : Mila Solidus ltd, HK  mila.solidus.ltd@protonmail.com

 
PS : take also a look on this very interesting article http://www.zerohedge.com/news/2017-07-06/how-china-increasing-global-power 



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