2 CDs, 700 Mb each On Tue, May 25, 2010 at 7:07 PM, Watson Kambo <wkwats@gmail.com> wrote:
I love this discussion to be honest I knew nothing to this effect ... I think I will pull all my money from the Unit trusts and maybe buy land since they promised me 10M in 15 years which will probably be only 10K by then who knows .... @Bernard how big is the documentary ??
On 25 May 2010 12:20, Bernard Mwagiru <bmwagiru@gmail.com> wrote:
@mark, I can FTP it to you...or something....
./bernard
On Tue, May 25, 2010 at 11:36 AM, Mark Mwangi <mwangy@gmail.com> wrote:
@ bernard, would love to watch it. . . how can I get it? @wayodi al look for it. @isaac. . .the link was very helpful
On Tue, May 25, 2010 at 10:00 AM, Bernard Mwagiru <bmwagiru@gmail.com>wrote:
I have a documentary "The Money Masters" that could be of help...
./bernard
On Tue, May 25, 2010 at 9:37 AM, Ndungi Kyalo <ndungi@gmail.com> wrote:
Thanks guys for the clarification on inflation and deflation. The money (paper/mulla/coins) system isnt so evil after all; but me thinks it is more open to abuse than say : I do a website for you you give me an ox (`nzau ya mulau`). as you plough profits from your website, I be ploughing an acre of cassava and cowpeas from one season right on to the next. Sounds fairer doesnt it ?
Well, either the money/paper system is more open to abuse or we havent understood it well enough that some things catch us by surprise. One thing is clear though (from Isaac), the money/paper system keeps everyone on toes.
On Tue, May 25, 2010 at 3:47 AM, Phares Kariuki <pkariuki@gmail.com>wrote:
If there were no inflation, the most probable retirement strategy would be simple savings as I know my 1000 KES today will be able to do as much in 2050. However, knowing it can't, I'm forced to move it into something that will probably have more need then, basically a finite resource e.g. land or something that will generate enough revenue with time to sustain me e.g. a business. Essentially, money is meant to be facilitating trade, not preventing it... It's best if money can lose value so that people are spurred to trade with it, not hoard it...
-- With Regards,
Phares Kariuki
| T: +254 734 810 802 | E: pkariuki@gmail.com | Twitter: kaboro | Skype: kariukiphares |
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-- Regards,
Mark Mwangi
Skype : mark.mwangy
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-- Watson wanjohi kambo
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