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Many people expect "money" will soon be tied to commodities. Agreed. It's called a ration card that grants the holder the right to buy a specific quantity of essential goods at a specified price.
This right is a form of "money" directly tied to the value of commodities.
Ration cards are the only fair way to distribute essentials in times of chronic scarcity. Markets work fine when there's a substitute for whatever is scarce, but there are no substitutes for electricity, food, fuel or fresh water, the FEW essentials (Food, energy, water).
Leaving the distribution of scarce, no-substitutes essentials up to the market leads to the rich eating very well indeed and the poor going hungry. This leads to a little thing called the overthrow of the failed status quo and the destruction of a good chunk of its ruling class (Payback's a witch, etc.). No bread? Let them eat iPhones.
We know ration cards work because a mass experiment in rationing essentials was conducted in World War II.
originally posted by: infolurker
Leaving the distribution of scarce, no-substitutes essentials up to the market leads to the rich eating very well indeed and the poor going hungry.
originally posted by: havok
Why do you all think that every company has "rewards" memberships now? Free, mind you. Just give them your data and let them issue you coupons from their harvesting of your purchase data. Why do all these companies need your data so badly? Marketing? Convenience, perhaps?
No. It's about what is coming.
Go to a store and see the difference of prices with a membership card and without. It's alarming how much of a difference there is. All these companies are tracking your purchases...and it's being stored. Indefinitely.
Hurray for discounts!
originally posted by: havok
Why do you all think that every company has "rewards" memberships now? Free, mind you. Just give them your data and let them issue you coupons from their harvesting of your purchase data. Why do all these companies need your data so badly? Marketing? Convenience, perhaps?
No. It's about what is coming.
Go to a store and see the difference of prices with a membership card and without. It's alarming how much of a difference there is. All these companies are tracking your purchases...and it's being stored. Indefinitely.
Hurray for discounts!
my wife uses them all the time.
coupon's cards and miles rewards.
i let her get the points. i like the stamps. lol, like green stamps back in the day.