I think the distinction your looking for isn’t currency vs. barter, it’s the real economy vs. Stock/Bond/Derivatives markets where money is accumulated by gambling without producing anything useful.
I think I’m fine with the bond market at the moment. Bonds have predetermined interest rates and maturation periods. They’re just loans, a decent way to build capital without surrendering ownership.
Agreed on the stocks, and especially derivatives. The stock market should be abolished and totally replaced with bonds. The derivatives market simply should not exist.
I think the distinction your looking for isn’t currency vs. barter, it’s the real economy vs. Stock/Bond/Derivatives markets where money is accumulated by gambling without producing anything useful.
I think I’m fine with the bond market at the moment. Bonds have predetermined interest rates and maturation periods. They’re just loans, a decent way to build capital without surrendering ownership.
Agreed on the stocks, and especially derivatives. The stock market should be abolished and totally replaced with bonds. The derivatives market simply should not exist.
Do you mean Fiat vs commodity money?
No, he clearly doesn’t