Thread View: sci.econ
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Started by norak
Tue, 28 Feb 2006 09:31
Economics question concerning Money Economy v. Barter Economy
Author: norak
Date: Tue, 28 Feb 2006 09:31
Date: Tue, 28 Feb 2006 09:31
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I am told that there are two disadvantages of money: (1) absense of interest income and (2) loss of purhasing power in inflationary periods. I understand (2). Comparing a money exchange economy to an exchange economy with barter, since inflation is the increase in absolute prices, inflation cannot occur in a barter economy because barter economies have just relative prices. However, what is it mean by absense of interest income being a disadvantage?
Re: Economics question concerning Money Economy v. Barter Economy
Author: Tonen
Date: Tue, 28 Feb 2006 11:25
Date: Tue, 28 Feb 2006 11:25
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Not sure - but if it's in an everyday/ transaction type bank account earning 0.1% it's pretty easy to understand. In an internet account though at 5.4% or so it's not so bad, and not that much lower than Bonds are yielding at the moment. Cash's obvious advantage to offset it's general lower returns is it's reliable liquidity. It's not a bad idea to have 3 to (preferably) 6 months living expenses in cash before you get too involved in starting a portfolio. That way you are less prone to panic/ sleep easier in a market downturn, likewise you can ride things out more comfortably in the event of a downturn in your "human capital" due to illness or unemployment. Tonen
Re: Economics question concerning Money Economy v. Barter Economy
Author: savgoose
Date: Wed, 01 Mar 2006 05:43
Date: Wed, 01 Mar 2006 05:43
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it meaNSS ITS NOT AN ADVANTAGE TO BANKS TO HAVE A BARTER SYSTEM, theyre the middle men no cash no percentage to earn between borrower and lender "> However, what is it mean by absense of interest income being a > disadvantage? >
Re: Economics question concerning Money Economy v. Barter Economy
Author: dgordon
Date: Wed, 01 Mar 2006 08:11
Date: Wed, 01 Mar 2006 08:11
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norak wrote: > I am told that there are two disadvantages of money: (1) absense of > interest income and (2) loss of purhasing power in inflationary > periods. > > I understand (2). Comparing a money exchange economy to an exchange > economy with barter, since inflation is the increase in absolute > prices, inflation cannot occur in a barter economy because barter > economies have just relative prices. > > However, what is it mean by absense of interest income being a > disadvantage? The love of money[usury] is the root for all evil. "None are more hopelessly enslaved than those who falsely believe they are free." - Johann Wolfgang von Goethe Lets face facts. Government as practiced is nothing but an organized criminal fascist enterprise run by religious capitalists[jesuITs/zionists] intent on retaining control over us and our children through the usurydebt practices of central banking formed by lovers of money. Western governments are in fact composed of luciferian lovers of money and is the scourge of our times. The entire western way of life is corrupt to its core because we allow ourselves to be ruled and deceived by luciferian lovers of money enacting monied laws to rule over us at our expense. Western history created by lovers of money is filled with past and present global genocide, monied lies, manufactured disease, raw greed, and merciless brainwashing, along with a slow erosion of citizen and human rights to exist as sovereign and free human beings. If this agenda is not luciferian I don't know what is. I want to be clear. Our rights are being compromised for economic reasons. Given this simple fact, would it not make sense to fix the economic system that is compromising our rights? Here then is an overview of YOUtopia, designed to fix todays problems through simple, viable, cheap, peaceful economic reform. = = = YOUtopia MISSION of YOUtopia: To forward and support in-common yearnings for peace, freedom, love, justice, understanding, prosperity, health, opportunity, and growth for the good of all our relations through the discussion and dissemination of simple, viable, peaceful, common-sensical economic reform designed to benefit everybody worldwide no matter their beliefs or belief system. DESCRIPTION of YOUtopia: YOUtopia in practical terms is in essence an economic system designed to empower the active manifestation of dreams built on individual and collective philosophies and beliefs. The inhabitants of YOUtopia, are YOU, ME, US and THEM. In other words, WE EACH define YOUtopia according to OUR terms, dreams, needs, wants, and desires, BOTH individually AND collectively as co-inhabitants of YOUtopia. YOUtopia is grounded in the human condition and is designed to improve the human condition for all peoples worldwide through sound, viable, peaceful economic reform that is designed to improve living conditions for all life forms. YOUtopia is a TRUE global economic system that is designed to fill need, want, and desire at a highly reduced cost for the good of all our relations. VIRTUES of YOUtopia: YOUtopia is anti-war, anti-poverty, anti-crime, anti-disease, and anti-usury. YOUtopia is pro-freedom, pro-peace, pro-growth, and pro-prosperity. YOUtopia is not a religion, a political movement or a cult. YOUtopia embraces self-expression, diversity and freedom for all. YOUtopia is also designed to empower growth for all, all at a lesser cost for all. PHILOSOPHY of YOUtopia: In a phrase, freedom from monetary limitations imposed on peoples worldwide through centralized world banking cartels imposing monied policies, rules, laws, and practices implemented and institutionalized at the expense of others. The philosophy of YOUtopia simply put is to work together for the good of the all instead of the few through basic economic reform. ECONOMIC SYSTEM of YOUtopia: YOUtopia is structured around simple concepts and ideas aimed to enable and empower all belief systems eqally and equitably for the good of all. The way to accomplish this seemingly daunting task is to seperate and expand the current global monied economic models into a simple yet effective two-tiered system based on the application of usury for all in-common and all un-common goods and services. In other words, all IN-COMMON goods and services would be usury-free and All UN-COMMON goods and services would not be usury-free. In simpler terms, money would remain for both tiers, usury would not. BENEFITS of YOUtopia: The benefits of such a simplfied usury-reformation economic system are profound. Less monied war, poverty, crime, disease coupled with more freedom, opportunity, prosperity, growth for the good of all worldwide. Ask: Do you want more stuff for you and yours? Do you want a bigger better house? Do you want a bigger better car/truck? Do you want more cash in your pocket? Do you want more free time to enjoy more stuff? Do you want more prosperity? Do you want more opportunity? Do you want more efficiency? Do you want less disease, less war, less poverty, less suffering, and less confusion? Do you want future generations to grow up with unlimited potential? Do you want everyone to enjoy more freedom, peace, love, understanding, respect, prosperity, and growth for the good of all our relations or do you only want a select few to enjoy these benefits at your expense? If you want more good things, choose usury reformation and the above mentioned benefits will become manifest. In closing for now, each of us have a choice to make. Freedom FROM monied evil or slavery TO monied evil. I choose Freedom. How about you? David Roblee
Re: Economics question concerning Money Economy v. Barter Economy
Author: norak
Date: Wed, 01 Mar 2006 11:46
Date: Wed, 01 Mar 2006 11:46
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savgoose wrote: > it meaNSS ITS NOT AN ADVANTAGE TO BANKS TO HAVE A BARTER SYSTEM, theyre the Thanks. In understand now.
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