quotes tagged with 'exchange'

By definition, according to the scarcity paradigm, no person can ever engage in a win-win transaction. The dilemma becomes, then, if I want to be happy I must do it at the expense of other people, and If I want to be moral, I must sacrifice my happiness to do so.

The abundance paradigm helps us to see the possibility of and the value in win-win exchanges and transactions. People who are operating in abundance know that by servicing the wants of others, and thus creating happiness in the lives of others, they actually bring more happiness to themselves.
Author: Garrett Gunderson, Source: Killing Sacred Cows, page 35Saved by rpage in happiness abundance exchange scarcity 13 years ago[save this] [permalink]
Using force to compel people to accept money without real value can only work in the short run. It ultimately leads to economic dislocation, both domestic and international, and always ends with a price to be paid.

The economic law that honest exchange demands only things of real value as currency cannot be repealed. The chaos that one day will ensue from our 35-year experiment with worldwide fiat money will require a return to money of real value. We will know that day is approaching when oil-producing countries demand gold, or its equivalent, for their oil rather than dollars or Euros. The sooner the better.
Author: Ron Paul, Source: http://www.lewrockwell.com/paul/paul303.htmlSaved by cboyack in money economy gold currency fiat exchange 13 years ago[save this] [permalink]

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