MONEY
I'm often asked how good is the money system? Folks mention George Soros and how 'risky' he says things are.. and yes there are others like him.. At the same time - recently anyways - when securities dive in price and 60 per cent of americans own them it's natural enough for folks to want to know the best alternative.
So here let me try to assist. Though, for asking, you are required to see a more constructive approach to money and its uses. Let's do it as a wee series so you get to take it up in understandable pack sizes and can mail in any ? for relevant discussion as we go along.
Okay, part 1: - clearing the ground..
Today's official monetary system has mostly nothing to do with the real economy. For example, stats say how the volume of currency exchanged globally (1995) was $1.3 trillion a day. This is 30 times more than the daily GDP of all of the developed or OECD countries together. For the US the GDP equivalent is turned every 3 days!

FACT - VERY IMPORTANT - Only two to three per cent of that volume relates real trade or investment. The rest comprises a speculative global confection.
The real economy is relegated to a mere
frosting on this cake.
Exactly the opposite on intentions for it just twenty years ago.
This means that power has shifted irrevocably away from governments toward financial markets.
According to Lietaer, a European authority on money, when a government does something not to the liking of the market - like the British in '91, the French in
'94 or the Mexicans in '95 - nobody sits down at the table and says "you shouldn't do this.Instead, " A monetary
crisis simply manifests in that currency. And a few hundred people, who are not elected by anybody and have no collective responsibility whatsoever, decide what your pension fund is worth - among other things
Ends part 1. (more next week)