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

To: arun gera who wrote (78052)	8/20/2011 5:59:52 PM
From: Maurice Winn	1 Recommendation Respond to of 217984

Those software systems running US$, NZ$, and the myriad other currencies are just score keepers. States exert power by walking up to a door and kicking it in. They can direct banks and anyone to move money within the borders how they like. The USA has sufficient power that they can order most countries to do as they are told, or else. That whole financial system is just a way of measuring and transferring the value of all the things people buy and sell. It isn't the actual value of the things. That financial system is a cumbersome mess of inefficiency and MADness at the moment. MADness as in Mutual Assured Destruction with Financial Weapons of Mass Destruction. The politicians, their electorates and the borrowers and their creditors are making quite a mess of the promissory note world, with unreliable promises being made by the $trillion. That financial system needs to be disintermediated. They still have a credit management and system security function to ensure transactions are legitimate, but having hundreds of dodgy currencies owned by politicians is no way to run a railroad. Mqurice