Its been long time since my last blog post and I am sorry for not keeping it updated.
A new thought just came to my mind.
With all the financial turmoil, inflation,recession and what not may be we need to go back to our roots.
Maybe we need to revert back to the good old barter system.
The barter system in today's world impossible!!!!!!!
Impossible it may sound when everything is linked to dollar and gold in today's world .
From the rice to the gold everything is ruled by commodity prices.
How about changing that system.
Lets say start a company.
I suppose say make bread.
Lets me sell that bread to companies not retail.
In exchange of that bread I ask them for fertilizers of equal worth.
The fertilizers I give to the farmer in exchange of wheat.
Its just a small and stupid example.
Obviously the world is not simple since you might ask what about laborers and electric expenses rent,overhead,interest etc. etc.
But what we really need today is go back somehow to that old system cause money linked
systems have resulted in creation of services and not goods.
Plus with the ever growing population we need to feed millions of people.
So probably the socialist way and communist way to go about in todays world especially in rural areas is the barter system.
Since the requirements of these people are not that high and the means to make everyone live a decent standard of living is too go back to this system.
Cause it will create a system such that essential commodities are grown and people will be able to afford them.
Maybe a food of thought for everyone!!!!
