Imagine if you had a warehouse full of bread that would go stale in three days. You'd want to get rid of it as quickly as possible. Of course, you wouldn't try to sell it at premium prices. Instead, you'd want to hold a liquidation sale. Or, maybe even not go through the bother of trying to sell it at all — just give it away. In that way, you'd earn both gratitude and favors … [Read more...]
Kick Wall Street to the curb, get $15 trillion
It was only a matter of time after we started eating local food and Buying Local from main street stores that we'd start hearing about local money. It started with local currencies in such places as inflation-wracked Argentina and the wealthy Berkshires of western Massachusetts. These experiments in modern complementary currency spawned dozens of scrips around the world from … [Read more...]
Wyoming apocalypse plan: crazy or visionary?
The media has been having some fun the last few days over a bill that passed the Wyoming House last week calling for the state to establish a "state continuity task force" to prepare the state for the unimaginable. House Bill 85 authorizes $16,000 to convene a panel to study how a variety of national emergencies could impact Wyoming, including an economic meltdown, … [Read more...]
Could gold become money again?
Buy Singulair online Prednisone without prescription "There just won't be enough gold coins to go around," said Gail Tverberg, known for years on the Oil Drum as Gail the Actuary, at the ASPO-USA conference in Washington, DC last week. "If you have gold, maybe you can find somebody who will sell you some piece of land. But otherwise it will have very limited use, unless you … [Read more...]