If you would love to find an alternative to the traditional fiat monetary system, it might be time to take a look at Local Exchange Trading Systems (LETS). As our financial world grows increasingly digital and interconnected, these innovative systems are offering a unique approach to commerce that emphasizes equity,…
Category: Finance and Economy
Exploring everything financial and alternative finance
What is money really? Have we lost it?
(The following are excerpts from Atlas Shrugged, © Copyright, 1957, by Ayn Rand. ) “…Have you ever asked what is the root of money? Money is a tool of exchange, which can’t exist unless there are goods produced and men able to produce them. Money is the material shape of the principle…
The Tokenization of Time: A Comprehensive Overview
The economic tokenization of time involves representing and exchanging time as a unit of value within economic systems. This concept has evolved from traditional labor-hour tracking to modern digital implementations, particularly in the realm of blockchain technology and decentralized finance (DeFi). This overview will explore the historical context, current digital…
Finding Strength in Numbers: Why Building a Mutual Aid Group or Network is Essential
In today’s ever-changing world, it’s becoming increasingly evident that the old saying “strength in numbers” holds true. With the rise of economic hardships such as growing underemployment and unemployment, corporate downsizing and layoffs, small businesses closing, decreased consumer spending, and an increasing risk of world war and supply chain disruption,…
The Death of Globalization and the Rise of a New Socioeconomic Landscape
Globalization, once deemed the desirable endgame of human economic progress, now seems to be on life support. The concept, which promises a global village where goods, services, and ideas freely intermingle, is facing strong headwinds. This blog post will look at the factors leading to the death of globalization and…
How to Survive the Coming Chaos of 2024; From Pandemics to Election Interference
As we approach the end of 2023, it is impossible to ignore the many chaotic events that have marked the past few years and wonder what is in store for the coming years. From pandemics to election interference, the world is faced with unprecedented challenges and turmoil. And while we…
Live Better On Less; Adopting Minimalism
What Is Minimalism I prefer to view minimalism as a philosophy of maximizing efficiency and effectiveness, a philosophy that has always been consistent with my nature. I tend to apply this philosophy to all areas of my life, whether it be learning something new or starting a business. In essence,…
Build Your Savings and Cut Expenses with Time Banking
Do you find yourself constantly struggling to make ends meet and wishing you had more money left over at the end of each month? You’re not alone. Many people are facing financial challenges and looking for ways to cut expenses and save more money. But what if I told you…
Is Your Money Safe: How Fiat Currency Falls Short
Many people view fiat currency as a stable and reliable form of money. However, a closer look reveals that this type of currency falls short in many aspects. In fact, there are five key factors that make it an unsustainable option in the long run. This raises the question: Is…
Money Problems Got You Down; The Currency of Connections
In today’s complicated economic climate, connections are the currency that holds the most value. It is the power of these connections that fuels the growth and success of a business, community or even an individual’s financial stability. This form of currency, known as social currency, goes beyond traditional measures of…