Julia writes –
Money is an artificial construct to control and own people. If there is no money, the houses will still be there, the farms will still be there. All the useful things will still be there. Only the money will have gone.
If people believe they cannot exist without money, panic sets in and then they will grasp desperately at whatever replacement system the controllers offer.
Fear and panic are the biggest killers. We do it to ourselves.
TAP – I know people who refuse to accept money for their produce, but insist on some equivalent service or donation. I had a supply of goat’s milk from a farm, for example, and they asked for logs in payment. Another log customer paid me in apple juice made from his orchard. The milk and the juice was way better than anything you can get in a supermarket. Another service was teaching one of my sons, paid without cash.
Another person I know gets chip fat from restaurants, and converts it into diesel equivalent for his car. Many don’t ask for anything as they often pay for it to be taken away. Anything can be traded without cash in daily life. Bigger items might present a problem, of course, and tourists would need cash to trade. $s would do.
Surviving without the Euro would be a downright pleasure. A new currency could be up and running in days. Every country should have a plan on the shelf as to how to cope when the thing collapses in their neck of the woods. That’s what banks are for. If they don’t deliver a workable currency, people should set up their own, from the ground up.
Secret IMF Cyprus agenda blown by Lagarde threats
Repeating the pattern begun when LaGarde’s predecessor, Dominique Strauss-Kahn was humiliatingly arrested and charged with rape in New York in 2011, LaGarde’s Paris home was publicly ransacked by EU authorities under the pretense of investigating a decades old case of corruption. The timing of this action leaves little to the imagination while revealing that the nature of the Cyprus situation is much more important to the power elites than has been heretofore advertised. LaGarde should probably be thankful for her high profile position which makes it more difficult to have her “disappeared” or “suicided”. You see, the problem in Cyprus is not merely a financial problem; it is also a geopolitical problem.
As this drama has unfolded and continues to quickly develop, we have seen the notion of deposit theft resoundingly rejected by the island country’s citizens while at least three bad outcomes have been created by LaGarde’s ineptitude: 1) The financial markets have been roiled over the idea that bank deposits may be seized, 2) Cyprus has been driven into Russia’s arms for help, and 3) The current generation of world citizens has forever had their perceptions altered as to their relationships with banks and governments. All three of these outcomes have severely damaged the long term agenda of the power elite, which explains the swift retaliation against LaGarde. But there is a fourth outcome that has not yet been widely discussed in the overt media and which is possibly the most important.