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.''
Wednesday, October 10, 2012
''Dominic Frisby on why our money is diseased and in need of 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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