A “Global Hope Plan” to End the Worldwide Financial Crisis

Posted: March 24, 2012 in GLOBAL CRISIS
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Money is not a guarantee of happiness! But it can help solve many problems that affect our quality of life. These include the provision of job opportunities, adequate health care, public education at a cost that ordinary people can afford, the safety and efficiency of our public infrastructure, our ability to live in reasonable comfort when we retire, and the elimination of poverty in the midst of plenty. So if money is necessary to accomplish all of these things it is absolutely essential to understand what it is and where it comes from.

What Is Money?

Many different things have served as money from time-to-time throughout history, the most common being gold, silver, copper and iron coins. These were predominant until the volume of world commerce outpaced their usefulness as a convenient means of payment. They had to be supplemented by paper money which was much more convenient and easy to handle. Paper then gave way to electronic money – a mere computer entry, that, like paper, has no intrinsic value. What they all have in common is that they were accepted as claims on available goods and services and for the discharge of debts.

Read full story >> A “Global Hope Plan” to End the Worldwide Financial Crisis.


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