51–54 of 54 posts
Earlier quoted context omitted.
The online barter systems seem to be de facto creating an alternate currency. IIRC, the one profiled in the article uses "points" that are the equivalent of Euros (scanning, I can't verify this atm, but I read more than one article before submitting this one, so maybe I read it elsewhere). So if you have 600 points in your online account, you have the equivalent of 600 Euros to work with. I think it isn't Greece's mo…
D) evading sales tax
Earlier quoted context omitted.
The online barter systems seem to be de facto creating an alternate currency. IIRC, the one profiled in the article uses "points" that are the equivalent of Euros (scanning, I can't verify this atm, but I read more than one article before submitting this one, so maybe I read it elsewhere). So if you have 600 points in your online account, you have the equivalent of 600 Euros to work with. I think it isn't Greece's mo…
D) evading sales tax
>"criminal scum trying to screw the government out of tax revenue." Umm, so you feel the same way about American Colonists with that whole Boston Tea Party thing, right?
Earlier quoted context omitted.
D) evading sales tax
This. >"criminal scum trying to screw the government out of tax revenue." Umm, so you feel the same way about American Colonists with that whole Boston Tea Party thing, right?
we'll know how this play out in the next decades.
Earlier quoted context omitted.
"A very good example is Finland and Sweden. The former has problems because of Euro but the latter thrives because they control their currency." There are several reasons for this - many of which are likely more important than the Euro - such as Finland having relied mainly on the declining paper industry and Nokia for exports while Swedish exports are more diverse.
That's the beauty of having your own floating currency though. Independent of what the problem is, your trade balance evens out automatically. If a country's forestry exports tank, imports will become more expensive and exports will become more competitive though currency depreciation. And people will eat more domestic cheese vs imported, stimulating domestic demand.