Cde Monomotapa wrote:a4architect.com wrote:@ cde monomotapa-i hear you... ..i have edited it to suit your request..
Concept of Money:Why Resource-rich Africa will forever remain with high poverty index.
SMH...It is now a global capital affair that sub-Saharan Africa will experience exponential growth and transformation in at-least the next 2 decades -Whether Africans participate in or not- Anyone with the old mindset of African Poverty & Aid and not African Prosperity & Capital will remain in that very despair.
I'm no Super-man..can't save the whole lot..so..keep on.
Peace.
@ cde monomotapa. . . this is what Eli James says below. From an economic monetary point of view, what is your take on this especially the part below in Red?
Quote:The fact is that the international bankers have always implemented fiat money currencies in the place of gold and silver. There is a very simple reason for this: He who controls the gold controls the world. The gold and silver are supposed to belong to the people, not to the bankers. Those who argue against a gold-backed currency do not unmderstand that the reason why the bankers want to deprive the people of their gold and silver is so that the bankers can substitute their fiat currency instead.
The bankers also hire so-called economists to tell you that gold-backed currency is not necessary. Sheldon Emry fell for this ruse because he did not have a thorough understanding of how the bankers play this game.
Since it is impossible to inflate the volume of gold and silver as currency, the bankers cannot use such currency to manipulate the economy. Those who argue against gold-backed money are actually playing into the hands of the bankers, who, historically, have ALWAYS legislated ways to prevent the people from using gold and silver as money.
As Iron Sharpens Iron, So one Man Sharpens Another.