Quote:
BOB: Arthur Kroker wrote in 1986:
[[ Panic Money. Advanced capitalist economies now face the severest liquidity crisis ever as the economy itself begins to liquidate. Capital begins to disappear. ... ]]
Bob Neveritt
The interplay between beings requiring a sacrifice, or a notion
of equal exchange will remain as long as it is required. It's a
deep and ancient subject, but as regards what is occurring
now with it, a couple of questions come to mind,
1) For those who will still require this, what form beyond
the electronic form (or within the electronic form) will this
exchange take next?
2) Or will this notion of sacrifice soon vanish for everyone?
To me, if there is anyone on the planet that requires this,
then it can be said the notion of exchange / sacrifice will
continue. Even though it may not exist for the majority after
a certain point.
I got on board with the notion, within the last 3 - 4 years, that
currency / money would become obsolete. I've been expecting
this to occur any time.
The question is, however, what spans is left for the majority?
Will currency / credit / debt die a long, drawn out death, gasping
and sputtering along, or will it be replaced / killed in the blink of
an eye?
I would assume the former, but I'm curious what others have
thought about the subject.
If it dies slowly, it would be interesting to consider what forms
folks would invent to prop up this obsolesced condition.
Like McLuhan said, the concept of a job / occupation was gone
in McLuhan's period, but people kept making new inventions /
technologies in an attempt to prop up this dead / dying pasttime.
It is interesting that currency / the method of exchange was
converted to its current electronic form, because, for example,
a good EMP blast (providing we're not protected from it) could
clear our balance sheets in one fell swoop...
Maybe that was planned...
Not Bob Neveritt