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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Ilaine who wrote (1586)10/26/2005 5:19:13 AM
From: Maurice Winn  Respond to of 218050
 
<this is the system we have, and changing systems is as crazy as putting your machine into reverse when you are going top speed forward.>

Good analogy, but that's how we do it [though not into reverse]. It's like completely redesigning and rebuilding a 747 while it's flying at 1000 kph, 10 km high, with 400 people on board. That's what we do. The world doesn't stop. It just keeps charging along and all the components are replaced, upgraded, redesigned while running at top speed.

In fact, I am planning exactly that for the money system which I consider an early 2Oth century anachronism [or as Jay would have it, a 17th century French fiat anachronism].

I have the hardware well underway. I'm planning the software, which can be uploaded once the hardware is sufficiently developed.

It will run in parallel with other systems, as is usually done, then the others will fizzle out and the new realm will reign as people figure out where their interests lie. "Let freedom reign", as they say.

<I willingly, freely, concede that the Federal Reserve system could be supplanted by another system which might even be better. > That's for sure. The existing system is nuts, serving the interests not of those who have created the value which the money represents, but other interests who are prone to destroy the value of the currency. Those who hold the currency have no power over it, other than voting with their feet. It's the electorate and their political appointees who control it. That's insane.

Mqurice