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Old 03-20-2010, 04:43 AM
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Default The Tale of Plastic Finance

THE TALE OF PLASTIC FINANCE



By Anonymous

It’s a slow day in a small British market town. The sun is beating down (really?) and the streets are deserted. Times are tough, everybody is in debt and everybody lives on credit. On this particular day a rich tourist is driving through town. He stops at the hotel and lays down £100 in cash on the desk saying he wants to inspect the rooms upstairs in order to pick one to spend the night.

As soon as the man walks upstairs, the hotel owner grabs the £100 note and runs next door to pay his debt to the butcher.

The butcher takes the £100 note and runs down the street to repay his debt to the pig farmer.

The pig farmer takes the £100 and heads off to pay his bill at the feed and fuel supplier.

The guy at the Farmer’s Co-op takes the £100 and runs to pay his debt to the local prostitute who has also been facing hard times and has had to offer her ‘services’ on credit.

The hooker rushes to the hotel and pays off her room bill with the hotel owner.

The hotel proprietor then places the £100 note back on the counter so that the rich traveller will not suspect anything.

At that moment, the tourist comes down the stairs, picks up the £100, states that the rooms are not satisfactory, pockets the money and leaves town.

No one produced anything. No one earned anything. However, the whole town is now out of debt and looks to the future with a lot more optimism.

And that, ladies and gentlemen, is how the British(and American) Governments are conducting business today.
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Old 03-20-2010, 09:15 AM
EarlyBird EarlyBird is offline
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Maybe this is a good reason to get some of that extra cash to keep at home!
LOL!
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Old 03-20-2010, 10:19 AM
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Get some of your money changed into junk silver(old silver coins), ready to barter when the time comes. Your paper money will be worthless when Zimbabwe type inflation hits. Silver coins went out of circulation in 1964 when it cost more to make them because of the rising price of silver. They contain 90% silver and a 1960's silver dollar today will be worth about $12/$13 because of the increase in the price of silver.
Some stores are already beginning to accept them.

http://www.youtube.com/watch?v=Z5mZBSrfnuM
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Old 03-20-2010, 05:01 PM
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I’ve read that before somewhere, but it is right on. Our financial system is a joke. Today a copper penny is made from zinc with just a very thin plating of copper to give it the “correct” color. However if it were still made with 100% copper the value of the copper would exceed the coins face value. What many do not realize is how the value of our money is being manipulated and that this is not happing because of supply and demand.
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Old 03-21-2010, 06:43 AM
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I was wondering about that MS. Last week, someone stole the Austin Trail of Lights Christmas lights. It was assumed that they did it for the copper. I know that copper is expensive; because I follow commodity futures. I just did not understand why people were not hoarding pennies. Now I know, thanks to you.
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