tuscl

Update on the economy in Michigan

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Avatar for Alucard
Alucard

I believe $20s are still the preferred payment.

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Avatar for MisterGuy
MisterGuy

Hey, there's a wacko tea Party person running as a GOPer in NV for Senate that has advocated for paying medical bills with chickens.  I've also heard of several communities that have alternative, local forms of "currency".  Many of them are based on a system that I think is in wider use in Switzerland.  The thing is...until a govt. or municipality takes these new forms of currency as payment, the banking system will never take them seriously. 

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Avatar for samsung1
samsung1

I wonder what will happen to the prices of LDs in Michigan if the economy continues to decline?  Will they go up trying to milk profit from the rich who still pay for them or will they try to lower the prices in hopes that more people will buy them?

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Avatar for georgmicrodong
georgmicrodong

What's wrong with barter?  It's worked for thousands of years.  Our so-called "monetary" system is just a more well regulated version of same.  If two people agree on a trade, who else gets to call them wacko?

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Avatar for MisterGuy
MisterGuy

"What's wrong with barter?"



There is no evidence of a society or economy that has ever relied primarily on bartering.  It's literally relying on the workings of the Dark Ages.  Anyone that would offer that kind of "solution" to our health care system problems is indeed a wacko of the first order.  She'll never become of Senator.


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