tag:blogger.com,1999:blog-2365973946815045127.post3081350291590487034..comments2023-06-20T13:00:45.954+05:30Comments on Life and Money: Life Without Cash-Part IIdesi Travelerhttp://www.blogger.com/profile/13647875898224836782noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-2365973946815045127.post-34550161417894284322011-03-16T05:48:57.854+05:302011-03-16T05:48:57.854+05:30Reminds me of the time I tried going without mobil...Reminds me of the time I tried going without mobile phone in today's world... survived 2 months, not a small achievement :)Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2365973946815045127.post-77991091937187591832011-03-14T13:59:26.964+05:302011-03-14T13:59:26.964+05:30Hi Mitesh: Currency is needed as we can not go bac...Hi Mitesh: Currency is needed as we can not go back to the barter system, but is paper currency still needed? That is the question we need to ponder upon. The whole concept of paper currency is suspicious in my eyes. I think we should move towards electronic currency asap, the technology for same is available, but we need political will.desi Travelerhttps://www.blogger.com/profile/13647875898224836782noreply@blogger.comtag:blogger.com,1999:blog-2365973946815045127.post-2007324736314706092011-03-12T09:32:17.619+05:302011-03-12T09:32:17.619+05:30Fairly helpful post. I merely stumbled upon your w...Fairly helpful post. I merely stumbled upon your web page and wanted to say that I???ê?ève fairly favored studying your blog posts. Any indicates I???ê?èll be subscribing inside your feed and I hope you publish once more speedily.New Car Loan Rateshttp://www.bestchanceautoloan.comnoreply@blogger.comtag:blogger.com,1999:blog-2365973946815045127.post-66882417281866985812011-03-11T09:17:12.540+05:302011-03-11T09:17:12.540+05:30Fiat paper currencies not backed/limited by gold o...Fiat paper currencies not backed/limited by gold or silver are tantamount to abuse. The currency loses value every year. Imagine what 10 rupees bought 10 years ago. Now compare it to what you can buy now. But if the currency loses value, where did that loss of value go? It got shaven off and put into well connected, rich people's pockets. Everyone who holds paper currencies gets pick-pocketed everyday.<br /><br />So ask yourself who decides on the amount of currency to print every year and how does he come up with a number? How come the people have no say in this? If they printed the right amount every year, there would be NO loss of value. They always print extra, and the extra amounts go into well connected pockets for "providing a service". <br /><br />Now think a little deeper. Who owns the machine that prints the currency? Whoever owns it is the master of the universe right? So who owns the machine and who decides on printing the amounts? And when the currency has been printed, whose hands does the currency end up in first? The person who holds the paper currency first has the rights to products and services in the economy. let's just say at this first step the money is given away. The people next in the chain then must earn this money by working and/or begging.<br /><br />Anyways, everyone can continue to play the game with the same currency that the corrupt sectors of the economy use. This currency keeps the powered in power. To break this chain, to getaway from this chain, to stop begging for this currency, trading between people in any terms other than paper currency will solve the problem of poverty creation. If people use gold or silver or barter between each other, they are no longer in the corrupt system. They've left those elements that are corrupt out in the cold.<br /><br />Yes, poverty is created on purpose from the very top of the pyramid.Mitesh Damaniahttps://www.blogger.com/profile/08105826492525999039noreply@blogger.comtag:blogger.com,1999:blog-2365973946815045127.post-7497938944840523442011-03-06T12:08:44.652+05:302011-03-06T12:08:44.652+05:30The maid was paid cash, the dhobi takes monthly p...The maid was paid cash, the dhobi takes monthly payment so I was saved :)desi Travelerhttps://www.blogger.com/profile/13647875898224836782noreply@blogger.comtag:blogger.com,1999:blog-2365973946815045127.post-54014220324494782182011-03-06T09:57:45.734+05:302011-03-06T09:57:45.734+05:30I was wondering how you will pay the maid and the ...I was wondering how you will pay the maid and the Dhobhi.Hardeep Gujralhttps://www.blogger.com/profile/10483460510611916901noreply@blogger.com