Where does survive the inventive user ?

[Roger Eller]

On Sat, Jul 30, 2011 at 10:42 AM, Richard Gaskin <ambassador at fourthworld.com
> wrote:

> Kay C Lan wrote:
>
>  I look in my wallet an there are a couple of notes and a couple of plastic
>> cards. The notes represent about 0.01% of iMoney I have in my account. I
>> can
>> use those plastic cards to access the BankCloud and if the strangers at
>> the
>> Bank are willing, the machine will give me more real money on a 1 to 1
>> reduction of my iMoney. Sometimes I don't even have to change iMoney into
>> real money, I just go to the shop and transfer iMoney from my account to
>> their iMoney account which all resides in the same BankCloud. Of course I
>> have to pay a 'rental' fee for the privilege of being able to access my
>> iMoney at virtually any time or shop. But then again, if a stranger at the
>> bank goes all Nick Leeson on me, the bank will collapse and my iMoney in
>> the
>> BankCloud will disappear like the early morning stratocumulus, leaving me
>> without any real money.
>>
>> Strange what we think we'd never do.
>>
>
> Or even stranger, we could trust our money to so-called professional money
> managers who mishandle it so badly that the world economy is brought to the
> edge of collapse. ;)
>


This video is a very informative explanation of where money 'actually' comes
from.  It's shocking if you've not seen it before.

http://video.google.com/videoplay?docid=-2550156453790090544#

˜Roger