Fred Morgan wrote:Originally, to charge interest was considered immoral. (in fact, the word interest was the way the money lenders got around this - it used to be considered usury)
Originally, money was something with an agreed on value, so that if I had logs and you had chickens, I didn't have to take a lot of chickens if you wanted wood for a floor.
Having too much currency is a big mistake in my opinion (and in all honesty, it will devalue a company if they have too much cash on hand) - much better to put all except for what you need for short term trading into assets, i.e. more fruit trees, more land - more things that produce what you can trade, even if the trade is merely bartering something else.
Xisca Nicolas wrote:
2) A tool that bank USE to clone money! (Someone said money is debt...)
If I disagree with the 2nd USE, then I must do something NOT TO HELP this!
Walk your talk...
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