Sunday, December 04, 2016

Some trade fundamentals

This is an attempt to see who will & see how people will benefit individually and as a mass locally, regionally & globally - to do this people must become friendly & trust one another completely. The points are :

  1. Trade & share opportunities - by all means see the completion of the deals. Take no interest at all as interest makes one selfish to the core over a period of time. A clear benefit is that more money will be spread & risk will be minimal. More employment & trade are the greater benefit to the people.
  2. Back the exchange instrument (cash and/or check by a fair amount of gold or silver) . There must be a real value attached to the individual word. Make sure there is a proper written agreement.
  3. Hoarding wealth is foolish as nobody when it will be required in an emergency situation today, many times the situation becomes such that money is no longer important. Dictating prices of products & services without a control is very dangerous - people come up with alternatives & the entire inventory gets written off - an example is a drug for a particular condition which used to be sold for US $ 12-15,a co. took over the manufacturer & made the price US $ unaffordable & then a group comes up out of nowhere & shows the drug can be made for as little as US $ 2.
  4. Debts must be paid and/or willed to be paid - there is no way out of a debt. 

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