Surviving without money
 

a few good tips.. you decide!

Argentina: Surviving without money

Re: Surviving without money
 

Now that's people power...!!!:ARMS1:

Re: Surviving without money
 

awesome video, i love how the government there is encouraging it and has no intention of trying to tax anything associated with it.

his comparison of government money and their social money near the end is great

Re: Surviving without money
 

At minute 17, the people within the social money system are looking to have their taxes accepted by guv in the form of credits. The people are doing what the guv won't do (produce) and it's only a matter of time before credits are integrated into the larger economy. The guv needs only be patient, and the people will VOLUNTARILY provide the monetary means to their guv to enslave them yet again.
Anything like this in the US would be crushed now due to tax laws. When the US guv weakens monetarily, social money experiments will succeed and then become a victim of its own success.
I submit respectfully that the government has every intention of taxing this popular means to production. That's guv. All government knows is to take from people what's real and exchange that for paper.

Re: Surviving without money
 

It would be very hard to tax it, unless you can exchange the credits for money, which woudl make it a currency.

what they are asking is using their labor and commodities to pay off taxes they owe.

Until the government recognizes it as a currency and allows it to be traded for pesos, it is impossible to tax, since there is no internationally recognized money trading hands.. only promises of exchange of labor or commodity.

if the group accepts the governments wish to monetize the credits, then yes the people will spell their own doom. But listening to the founder in the video, he has no intention of this.

Re: Surviving without money
 

I agree on the surface, but don't believe the governments forebearance on taxes relative to the exchange of goods. Maybe they don't have sales tax. I don't know. What I see is a guv waiting to say, "Here, let us help you with that."

Re: Surviving without money
 

Contrary to advice from the IMF, the best way for Argentina to capture more tax revenue in the long term is by reducing taxes. By promoting economic growth and allowing much of the underground economy to surface, federal tax receipts will begin to rise. Among the most onerous taxes is the 21 percent Argentine equivalent of a sales tax. In addition, labor policies that promote corrupt and confrontational unions have contributed greatly to the staggering 18.3 percent unemployment level and continue to cause low productivity among the Argentine work force. These steps are just a start, but if taken together, the reforms would halt the inexorable decline of Argentina�s economy.

http://www.ntu.org/main/press_commen...0&org_name=NTU

Re: Surviving without money
 

Interesting distinctions between "printed money" and "printed social currency", around 16:00.

Holy cow! Everyday people actually figuring out how to work their lives out without the government doing it for them.

Perhaps this solution could work for the US after the coming collapse. But then again there are so many people in the US who have no skills to trade, other than voting.