Inksnation President: Why Blockchain Is One Of The Most Powerful Techs Of Our Time
InksNation President: This is exactly what we want across Nigeria. Let us stand to fight poverty in Nigeria before poverty will start condemning our future and our future generations.
Say no to poverty life in Nigeria. Join this poverty eradication campaigns of Inksnation philanthropic poverty eradication private prospecting programs now.
This is the time for our collective calling across the thirty-six State to correct the errors of unequal wealth distribution of the Nigeria Government.
Say no poverty by calling more Vulnerable people in our society to join Inksnation poverty eradication program, the earlier the better for all of our Inksnation members to join this struggle now, the easier we shall all overcome our challenges.
When Banking Dies, What Next?—
“I believe that banking institutions are more dangerous to our liberties than standing armies… The issuing power of money should be taken away from the banks and given to the people to whom it rightfully belongs.”
Thomas Jefferson, the Third President of the United States.
Before the rise of state-controlled money, cash was what people accepted. If they accepted salt, then salt it was; if cowry, then that it was; if gold then gold it was. No state dared controlled money, and money worked better.
According to a study of 775 fiat currencies, about 620 eventually went back to zero. This is largely why some societies, are outrageously richer than others. And even within “rich societies”, it’s largely why some are dealt the wrong hand financially. While there are several crucial flaws in our monetary systems responsible for these failures.
There are, however, much credit to be given to this system. As a matter of fact, the idea of central banking began as a life-saving attempt by the US Congress, to salvage the American banking industry, which was at the brink of collapse at the time. That act was a success which has now become a global practice. Also, thanks to commercial banks, there has been no time in history, where you can easily get a loan as you can today.
However our concern here is not the annihilation of banks, rather we know that the macro-economic policies and models used to regulate the current financial market has become outdated to today’s complex financial landscape. Hence, we are proposing a new economic model,to bring us out of a debt based economy, which facilitates poverty and inequality in wealth distribution. As a result,this will launch us into a ……….
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