Diamonds and Numismatic expert, with my start up in HK, I know how
emotions are a key element in investment. The
monetary rules by the central banks have made stocks and bonds
markets a trap for the small investor.
In
Finance, to be honest, i really prefer the Russian school (high
rates, means more savings and only the best entrepreneurs get loans
from banks). It s tough but it s how Finance should work !!
The central bank of Russia will launch 2 new banknotes next month.
Since Bismark, the welfare state in the Western countries has
collapsed the financial industry. Russian economists are enough smart
to avoid to see negative interests rates as a good news.
And
if money and finance had been
a necessary evolutionary step for the survival of the Mankind… ????
That
s the necessary hypothesis for my Ph.D. project on the antique
achaemenid smallest coinage. I never understood why the first
societies to use coinage had developed so tiny coins.. (until 0.09
gr, 1/96 of a stater). The wages could be paid using Food.
But
in this hypothesis, I see now money as a necessary historical
innovation to jump to the community until the society level. Money as
physical asset has been an element of social integration.
With the smallest coins, peasants could pay the services in the
temples and the State could emerge as a dominant power, not based on
the religious duties like in the first egyptian empire.
But
it seems money as Credit created out of nothing has changed this
paradigm !! Credits made people servants of corporate powers.
Massive technological improvements in the last century occured
because of credits, but with a negative social and environnemental
impacts. too massive inequality !!
in
fact, it seems the single way for the Financial studies to
avoid a BIG RESET in the Western countries is going back to the
finance ORIGINAL MISSION : PROTECTING THE « real »
CAPITAL. and i think Finance must create closest links with money
which is nothing more than a "social guarantee"
Contact : Michael J.P. LAURENT CEO / Founder Mila Solidus LTD, HK mila.solidus.ltd@protonmail.com
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