Forums: Discussions for entrepreneurs and small business.

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Kansas Direct mail Service & Kansas Business Netwok

Wow what a fantastic video. Thanks so much for posting this link! I wouldn`t have thought it was possible but my respect for Robert Kiyosaki just shot up several more notches.

"God`s money," that`s so awesome.

I love gold and silver and have been advocating these as money for years. After I filed the paperwork for my LLC, one of the first things I did was set up a holding at GoldMoney.com... I can accept digital gold and silver as payment for my services in addition to the usual methods.

I don`t usually talk about this because everyone thinks I`m a freak.... but back in 2005 I wrote up a plan for using digital gold as the backing for a private, local currency. I stabilized spot price volatility through a price bracketing system, broke down dollar-to-goldgram conversion into a super simple formula, and made it completely exchangeable for dollars at any time so merchants could get the inflation protection and still be able to buy inventory from non-local suppliers.

Not two days ago I checked the formula to see what this currency would be doing if it were implemented anywhere. When I wrote the plan, a grocery bill of $75.83 would cost 4.49 in goldgrams. Today, that same grocery bill would cost only 2.46 goldgrams. Or, to look at it another way, the 4.49 goldgrams today would purchase $138.36 worth of groceries.

Just using this currency would automatically make everyone richer. Imagine going into the grocery store and paying less than you did the week before, week after week. "God`s money" in action!

I fully intend to pursue this here where I live. If anyone is interested in more info please send me a PM, I`d be absolutely thrilled to talk to someone about this who sees the value and doesn`t think I`m a total nutcase.

—paula