We need something new to back our currency with. Closest thing I can come to is turbines... our demand for power is only going up. A collective that provides X energy for Y area making Z dollars. It's not pretty and there's better things to invest in but the risk here is close to zero. Thoughts?
Amazing. America can solve Global Climate Change but 48 hits here, no responses. Drill baby drill. I can easily make 16.6% on stocks, that's easy. People don't want easy, they want NOW.
If you want something to back your currency with, how about 'people?' each person is an asset, and, if you were to count each asset as a means to an end, then you woud have plenty money!
I prefer to back up our currency with our time.......... I have read stats that well over twenty percent of GDP is volunteerism of some sort......… Deliberately sabotaging our national currency is good for the environment..... but terrible for the economy?! http://www.politicalforum.com/canad...e-elliott-trudeau-save-world-environment.html Did P. M. Pierre Elliott Trudeau save the world environment? This is actually a quite serious question. P. M. Trudeau made an error back in 1974, that may well come to be understood as one of the most important mistakes ever made by a political leader. When P. M. Pierre Elliott Trudeau took Canada off the gold standard, (which incidentally had to be done for many valid reasons), a miscalculation was made that is the number one reason why our national debt has spiraled out of control. But..... there is a very good side to this because all of us know that we humans have been in a somewhat similar mentality to our ancestors who shot, boiled, barbecued, roasted and friend passenger pigeons into extinction. We are highly prone to OVER Consumptionism............. I addressed part of the background issues back in my 2006 provincial level campaign as an independent. www.BankingSystemFlaws.blogspot.ca/ My name is Dennis Tate. I lived most of my forty seven years in West Lochiel Lake, Guysborough County. I am running for MLA as an independent in the area of Pictou Centre so that I can help as many people as possible become more aware of what I am sure is the real reason why our roads are in disrepair, why hospital beds are unused, why so many of the rural schools have been shut down, why our soldiers in Afghanistan are poorly equipped and why many if not most of our young people may have to leave Nova Scotia to find jobs. When well trained workers have high quality technology to work with then the total of all wages and benefits paid out to employees is only a fraction of the retail value of the products they produce. As a result of this fact the only way to move products out of warehouses is to extend higher and higher levels of credit. One problem with an abundance of red ink is that compound interest on all this government, business and personal debt over a period of decades will grow to astronomical levels. At this time there is approximately TEN TIMES as much debt in Canada as there is money. A simple explanation for how this happened can be seen here: http://www.michaeljournal.org/plenty34.htm In my opinion this rather simple mathematical problem is perhaps the number one cause of inflation in the Canadian economy over the past three decades. This is also perhaps the number one reason why our costs of production are so high and Canadian products cannot compete on the world markets as well as they could under better conditions. From 1940 to 1970 the Government of Canada put roughly half of the total money supply into the economy through loans issued through the federally owned Bank of Canada. Provincial and municipal governments could borrow the money to build roads, schools, hospitals and sewage treatment facilities at zero or one percent interest. In 1970 we changed our system and since that time a higher and higher percentage of all government debt is financed through loans issued through privately owned banks. At this time it is ninety eight percent. This policy may be great for our banking sector but it was estimated that in the one year of 1995 alone our federal government could have saved roughly SIXTY FIVE BILLION DOLLARS in interest payments if we had gone back to creating half the total money supply through these low interest rate loans issued through the bank that is OWNED BY ALL CANADIANS. Considering that our deficit was approximately thirty billion dollars for that year, simply by changing back to an already proven monetary and banking system, we could theoretically have had a FEDERAL BUDGET SURPLUS OF THIRTY FIVE BILLION DOLLARS in 1995. The massive cutbacks in the Canadian military, in health care, highway construction, social programs and education were profoundly affected by these accounting practices? So what can you and I do about this problem? 1. If we will do our homework and study this question we can put pressure on our provincial level politicians to create a provincially owned bank. A true Bank of Nova Scotia owned by all Nova Scotians could be used to finance town and municipal government projects at zero or one percent interest just as The Bank of Canada used to do. 2. Town and municipal government officials in New Glasgow, Stellarton and Trenton should seriously consider creating a local currency unit such as has been done in Ithaca, New York. https://en.wikipedia.org/wiki/Ithaca_Hours (updated link) This is a great way to promote local businesses and help sustain rural economies. 3. It is also possible for groups of concerned individuals to get together and organize a local barter exchange as a cooperative. Mr. Rob Assels has been instrumental in just such an initiative in the Tatamagouche and River John area so surely we can get similar organizations up and running here in New Glasgow, Pictou, Stellarton, Trenton and Westville. Here is a link into the Halifax LETS system: (halifaxlets.com/)
Yes....... human beings have nearly INFINITE value........ and the real value of animals and plants is just as high..... but gold or silver are just shiny metals with some interesting and useful chemical properties! Human and other life forms are actually so valuable..... that apparently copies are made in alternate time lines?! http://www.politicalforum.com/relig...osophical-implications-multiverse-theory.html The Philosophical implications of Multiverse Theory? I have suspected for about fifteen years that that time is not limited to being one straight line but instead branches. Over in another thread I just received a very specific and pretty amazing explanation for this that is in the language spoken by high level theoretical physicists. If........ you and I have been thinking seriously about changing our diet, becoming more physically active, well now we have another possible motivator?! The new and improved version of you and I may well get to live out life over and over and over again many times over nearly infinite time in the future, for each time that a moment within our lifetime is recreated and time is spun off in a new possible direction based on different choices that we are all free to make?!
