Describes what needs to be done regarding the Financial Meltdown. Put the financial system in its proper place and bring Health to the Economy. All based on the Argentine experience of having su...
Describes what needs to be done regarding the Financial Meltdown. Put the financial system in its proper place and bring Health to the Economy. All based on the Argentine experience of having suffered systemic collapses, hrperinflation and the gross corruption of wanton speculation.
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He venido aqui porque estaba oyendo vuestra entrevista con Alejandro Biondini en el programa "Alerta Nacional". Muy buena información. Keep up the good work!
The people surrounding Obama and Obama are not the answer. He would not be where he is today if it were not for their purchasing power. His lack of merit and his destructive philosophy, makes him not the answer as well. What makes it worse is that he is funded by people that have even more nefarious plans than he does.
A simple definition of money is: "An exchangeable representation of useful human endeavor." Useful means "having survival value." Dried grain or fish can be money. Metals take a lot of endeavor to find, mine, smelt, and store. A promise of work (IOU) can be money. Perishables have less value, but can be money. A perversion of the notion of money is the creation of debt not backed by value. Lending/interest aren't evil, lending a fake representation of value (fractional reserve lending) is evil.
While correctly introducing interest as involved in the causes of the meltdown, the argument about who owns time was painfully silly and what might as well be called false teaching, as it has no practical bearing on the matter. The question is not, "Who owns time?", as much as it should be, "Who owns a certain portion of property for a specific period of time?"
OK. I take your clarification. Naturally the "time" I was referring to what the use of any property during a period of time. By the way, the "painfully silly" "false teaching" you accuse me of is actually not mine but rather St. Thomas Acquinas's.... But I suppose you are much wiser than he... Regards, Adrian Salbuchi
What was silly was not the raw idea, innocent enough in itself, but the misapplication of it, which you have corrected. Thank you. A better application could be to ask who owns the time of any individual human, comparing interest charged to them as to slavery. By extension, a public debt that is financed by an income tax is collective usury.
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Muy buena información. Keep up the good work!
Adolf Hilter
Regards, Adrian Salbuchi