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


To: TobagoJack who wrote (50376)5/24/2009 7:58:13 AM
From: kayco  Read Replies (1) | Respond to of 217543
 
Gold Vs IPhone - You have a choice today on the street and you have no cash but need to raise money immediately, and I am going to give you either gold or Iphones to trade with, which would take.



To: TobagoJack who wrote (50376)5/24/2009 8:25:57 AM
From: elmatador  Read Replies (1) | Respond to of 217543
 
It is simple: People will only have more than they need if they spend less than they earn.

A society based on consumption is a society where people spend more than they have. In such society consumption must be made so convenient and atractive that it becomes hard to resist and saving is not considered.

Life should be made so safe that the individual should not have second thoughts and keep money, he can spend safe in the thought that he has a safety net.

In the long term the consumption society tendency is to get poorer while the other societies tendency is to become wealthier.