SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Currents of Currency
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Glenn Petersen who wrote (563)1/8/2018 5:45:30 AM
From: Ahda  Read Replies (1) of 594
 
To understand how fiscal money works, imagine that a pharmaceutical company in Greece is owed money by the state. Due to the constraints of the crisis, it may take years to pay the company in normal central bank euros. However what if there was an alternative option? What if the Greek State created a reserve account for the company under its tax file number, in which it placed tax credits of one million euros? This IOU could then also be used by the company to pay other organisations and individuals within the country.

I am having a problem with base math and yes blockchain. If I read the above correctly the state creates a reserve account for the company. Word creates morphs into creation, Problem with creation got Greece into a mess in the first place so we create a new method to loan this is a different type of siv. So the Greek financial system had a lack of reserves, out the window went smacka de hand no more freebees. I suppose this all has to do with out the window went bean counters and bean stocks grew into the heavens.

I suppose bail out by means of interest producing bonds is a passe form of how to finance, Maybe that means treasuries too , With the gargantuan growth of currency out went its value. To fix that problem here comes a type of bead wampum that glittered and facilitated the trade.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News