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Wednesday, October 10, 2012

''Dominic Frisby on why our money is diseased and in need of reform''

From GoldMoney....................''Subscribe to our newsletter at http://www.goldmoney.com/goldresearch. Dominic Frisby reads from his book Life After The State (www.unbound.co.uk/books/life-after-the-state) that talks about our social systems of government, welfare and money. The chapter talks about the beginnings of money and banking, and the need for monetary reform.

Dominic points out that our current monetary system is diseased, and that we are confronting great levels of income and wealth inequality, despite the redistributing efforts of governments. He shows how money itself is vital and essentially the blood of an economy as it enables mutually beneficial trade by overcoming the double coincidence of wants -- a problem that arises in barter.''

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