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The Forum > General Discussion > Internet Technology to Break Up Banking Monopolies?

Internet Technology to Break Up Banking Monopolies?

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579, the internet requires a reliable electricity supply and in the
more distant future that is far from guaranteed. By future I mean from
about 10 years ahead.
Also, there will be the very difficult problem of high tech
manufacturing being sustainable.
It does not seem likely that nuclear power could be cranked up in time
to replace declining coal & oil production.
However increasing electricity supply failure may push the greens aside
and cause a crash nuclear building program. Who knows.
Perhaps a overriding problem may be that we do not have the money to build it anyway !
We certainly do not have the money now, so even if we started yesterday
it would send us broke by next year.
Posted by Bazz, Friday, 4 January 2013 12:23:06 PM
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Banking is a special activity,quite apart from all other economic activities.Money has no intrinsic worth unless there is human endeavour to back it up.

We all as individuals add to the productivity of the planet,if we are educated ,have a skill or are creative.

If the private banking system creates from nothing all the money to equal our creativity + productivity,this means that they own us and our Govts.We are their debt bitches.

There is a better way but our pollies don't have the courage or integrity to speak for the people
Posted by Arjay, Friday, 4 January 2013 9:39:03 PM
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No Arjay, money has no intrinsic worth unless there is energy to be purchased.
Posted by Bazz, Friday, 4 January 2013 10:40:42 PM
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