Comments on: Changing money http://business.blogs.cnn.com/2008/05/19/changing-money/ Get to grips with the issues affecting world business Wed, 16 Dec 2009 20:43:39 +0000 http://wordpress.com/ hourly 1 By: Patsy Gasperetti http://business.blogs.cnn.com/2008/05/19/changing-money/#comment-774 Patsy Gasperetti Fri, 23 May 2008 15:06:09 +0000 http://cnnibusiness.wordpress.com/?p=32#comment-774 Anyone who thinks Lewes-specific money is a good idea should go to Northern Ireland. There every bank has its own paper currency. I think the idea is to confuse people! Anyone who thinks Lewes-specific money is a good idea should go to Northern Ireland. There every bank has its own paper currency. I think the idea is to confuse people!

]]> By: Robert Thompson http://business.blogs.cnn.com/2008/05/19/changing-money/#comment-670 Robert Thompson Wed, 21 May 2008 14:23:23 +0000 http://cnnibusiness.wordpress.com/?p=32#comment-670 living not far from Totnes, also mentioned in the article, I have seen alternative currencies in action, and, in general, they work. Note, the shopkeepers still accept normal currencies. living not far from Totnes, also mentioned in the article, I have seen alternative currencies in action, and, in general, they work. Note, the shopkeepers still accept normal currencies.

]]> By: Al http://business.blogs.cnn.com/2008/05/19/changing-money/#comment-618 Al Wed, 21 May 2008 07:55:41 +0000 http://cnnibusiness.wordpress.com/?p=32#comment-618 Principle is always a spotlight on truth. In the instance of creating a local system of Commerce, it overcomes the flaws in a Capitalistic Commerce system. In that system only the strongest get to continue and the weakest fall. The ultimate result of that system is to have a small number of enormously huge Corporations doing a disproportionate amount of the Commerce. Food distribution is an example and another is the Wal Mart, Microsoft example, a type of consolidation that every country has experienced. The small local producer's and retailer's fortunes rest on the whim of a Global Giant. The truth about the price of oil also rests on the Principles in a Capitalistic system. Example - A Producer has reached capacity and Demand exceeds that capacity. The Producer has a choice , become a Profiteer and allow rising Price to determine how that Product is apportioned (auction the product) or accept a reasonable profit and apportion Supply by agreement. The first method is Capitalism the second method is Socialism. Not too complicated to reason with. Principle is always a spotlight on truth. In the instance of creating a local system of Commerce, it overcomes the flaws in a Capitalistic Commerce system. In that system only the strongest get to continue and the weakest fall. The ultimate result of that system is to have a small number of enormously huge Corporations doing a disproportionate amount of the Commerce. Food distribution is an example and another is the Wal Mart, Microsoft example, a type of consolidation that every country has experienced. The small local producer's and retailer's fortunes rest on the whim of a Global Giant.

The truth about the price of oil also rests on the Principles in a Capitalistic system. Example – A Producer has reached capacity and Demand exceeds that capacity. The Producer has a choice , become a Profiteer and allow rising Price to determine how that Product is apportioned (auction the product) or accept a reasonable profit and apportion Supply by agreement. The first method is Capitalism the second method is Socialism. Not too complicated to reason with.

]]> By: Richard Belena http://business.blogs.cnn.com/2008/05/19/changing-money/#comment-615 Richard Belena Wed, 21 May 2008 07:30:12 +0000 http://cnnibusiness.wordpress.com/?p=32#comment-615 Todd - What an "A..."! I wonder where he lives and what he drives. If it weren't for the Americans - the rest of the world would still be far behind in everything! Todd – What an "A..."! I wonder where he lives and what he drives. If it weren't for the Americans – the rest of the world would still be far behind in everything!

]]> By: A http://business.blogs.cnn.com/2008/05/19/changing-money/#comment-597 A Tue, 20 May 2008 08:55:43 +0000 http://cnnibusiness.wordpress.com/?p=32#comment-597 I agree with the local currency as fuel prices are rising, export-import will be more expensive and we do then get to a point, when we have to make a decision. Choose the import and it will be more and more expensive as time goes by. Or form the environment that can serve a local trade and make it flourish or just make it get on. This is the way it was, when our parents were little and there was nothing wrong with it at all. I agree with the local currency as fuel prices are rising, export-import will be more expensive and we do then get to a point, when we have to make a decision.
Choose the import and it will be more and more expensive as time goes by. Or form the environment that can serve a local trade and make it flourish or just make it get on.

This is the way it was, when our parents were little and there was nothing wrong with it at all.

]]> By: F. Huber http://business.blogs.cnn.com/2008/05/19/changing-money/#comment-593 F. Huber Tue, 20 May 2008 06:21:55 +0000 http://cnnibusiness.wordpress.com/?p=32#comment-593 Acc. to my copy of the Michelin Guide for GB, Lewes is a town near Brighton with a very long history, a pop. of ca. 15 000 and rates one star, due to its " well-preserved High Street" and other historical features. The world-famous Glyndebourne country house & grounds is where operas are staged. So Lewes sounds like a pleasant destination for a Day Out in the countryside. Does the town economy earn significantly from tourism, in fact? The Lewes pound has made the headlines, but longterm a Lewes "fidelity card" to be issued free to Lewes residents, would be preferable imo, and could be applied accross the board, to the local services sector as well as for goods. Acc. to my copy of the Michelin Guide for GB, Lewes is a town near Brighton with a very long history, a pop. of ca. 15 000 and rates one star, due to its " well-preserved High Street" and other historical features. The world-famous Glyndebourne country house & grounds is where operas are staged. So Lewes sounds like a pleasant destination for a Day Out in the countryside. Does the town economy earn significantly from tourism, in fact?

The Lewes pound has made the headlines, but longterm a Lewes "fidelity card" to be issued free to Lewes residents, would be preferable imo, and could be applied accross the board, to the local services sector as well as for goods.

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