06-12-2011, 01:48 PM
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Banned
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Join Date: Nov 2008
Posts: 1,256
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Quote:
Originally Posted by Peter Olivola
Most house and car purchases are done on a financed basis. The growing electronic bill payment systems eliminate tangibles entirely.
International trade isn't limited to petroleum. Many of the heavy equipment and grain based transactions include at least a portion of payment in barter. Some of those transactions are quite complex, involving three or more parties, with little or no "legal tender" involved.
The rest is paranoia. I don't do paranoia.
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Nor reality...
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