View Single Post
  #54  
Old 06-12-2011, 01:48 PM
Cohetero-negro's Avatar
Cohetero-negro Cohetero-negro is offline
Banned
 
Join Date: Nov 2008
Posts: 1,256
Default

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.


Nor reality...
Reply With Quote