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Platinoid
Membre depuis mai 2012
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The relevance of Say’s Law

- Alasdair Macleod - Finance and Eco.

I appreciate the distinction drawn between those that see money as
merely a transitory commodity channel, and those that see it as the primary tool
of governments to use it as an exchange interface that governments own
and control.

Gold and silver have always acted as an intermediary commodity between the
exchanges of real commodities, and that is Say's point.

Governments, however, see money as an artifice, as membrane or barrier, an
obstacle between those whom which to exchange commodities, and they use
it as a primary channel to drain a significant proportion of the exchange
between commodities in their transition.

Money is the government's hand in every individual's economic life.

It is the pry-bar that wedges extortionist collections and protection-wages
from the masses. Money isn't the currency of nations, but the currency of control.

Forget buying Bitcoins dear investors, forget buying fiat stocks, floating corporate
dividends, they are all going to collapse,

Buy the intermediary commodity between the exchange of real commodities:
Buy metals, and don't be a day-trader.....
DCA ALL THE WAY!!!!!

Commenté il y a 3990 jours

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Début de l'article :I imagine many GoldMoney customers read much commentary relevant to gold and economics, and come up against Say's Law. Its importance might not be immediately obvious. Jean-Baptiste Say was a French businessman and economist in his early twenties when the Bastille was stormed and the French revolution followed. While the terrors unleashed by the revolution are what we remember from history lessons, what is less known are the financial difficulties that France faced leading up to that fateful yea... Lire la suite

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