The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Elroy Jetson who wrote (28081)	3/11/2005 8:45:23 PM
From: MulhollandDrive	Read Replies (2) of 306849

No matter how you socially construct an economic system, money must be both a means of exchange and a store of wealth or the system disintegrates into a system of barter. When money is not a store of value, it becomes a hot potato that no one wants - the Old Maid card in the game of Hearts. Capitalism, by definition, is not possible in a John Law world where money cannot be used to store value. this is exactly where i was heading.. then you are suggesting a true barter system???? goods in exchange for goods? would that not be the most accurate market system as to defining the means of exchange and wealth?

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