6-Jan-13 WV-South Korea refuses extradite arsonist to Japan

[John]

6-Jan-13 World View -- South Korea refuses to extradite arsonist to Japan

Greek communities adopt local currency to enable bartering

** 6-Jan-13 World View -- South Korea refuses to extradite arsonist to Japan
** http://www.generationaldynamics.com/cgi ... 06#e130106



Contents:
Syria's Bashar al-Assad will make a major speech on Sunday
U.S. troops pour into Turkey to operate Patriot missile systems
Israel quietly puts the 'E-1' settlement plan on hold
South Korea refuses to extradite arsonist to Japan
Greek communities adopt local currency to enable bartering


Keys:
Generational Dynamics, Syria, Bashar al-Assad, Turkey,
Patriot systems, Germany, Netherlands, Israel,
Benjamin Netanyahu, E-1 area, South Korea,
Japan, Yasukuni shrine

[OLD1953]

While the Internet makes it easy to create bartering networks, electronic currency is still currency and therefore will wind up with these folks being shut down, eventually. The complaint about scarce EURO's does help illustrate my old point about a money pump running from Greece outwards. If any country in the zone exports less than it imports, either they will shortly have no EURO's at all, or they must create EURO's locally, AND distribute them. Whether this distribution comes in the form of a giveaway lottery, airdrops from helicopters, they just run the government on it or whatever, they have to circulate it. And then this new money is pumped out just as the old money was, rinse and repeat until things fall apart. And that's where Greece is now. Since Greece can't inflate their "personal" EURO's and they can't devalue them in relation to the other EURO's, and they aren't allowed to tax or otherwise limit imports, they are pretty much dead in the water.