Topic: Poor people need solution now - page 14. (Read 2668 times)

Oh no, your bank must have been so hurt that you dont use them - not really, they don't give a toss and I somehow doubt that you have much money to hold in the bank anyway. The world is a very unbalanced and in many ways unfair place, some people happen to be born in countries that give them a lot of advantages and others will be lucky if they get any form of education in their early life. The bank is not a charity, but you appear to be begging for handouts, what makes you so special over the other billions of people who want free money as well? You're not special, nor deserving of free money either. Free money to fund your life does not exist, but even if it did it will never make the taste of earning your wage better.

It's funny that there are individuals who hold such beliefs without fully comprehending how to become a shareholder of a bank. Saving money in a bank is distinct from being a shareholder since the latter involves purchasing a share or stock of the bank. This concept is different from simply saving money in a bank, which is why not everyone can grasp it.

There are lot of tribes and people like that who are so rich if we talk about their land, water, food resources but they don't have liquid cash with them and they are forced to worked far away from their land. Now the question is why would they need fiat? they cannot keep themselves isolated throughout their life and in order to keep themselves updated with technology they need to get learn it and even if they need a doctor from their own tribe you cannot offer food or fruits for it you need to pay money issued by the government and this is possible only when you sell your stuffs to them and use their money as printing own money is never a solution. We need to understand government can snatch their land and resources with force it has happened with many farmers in countries like India, Pakistan, Bangladesh and Sri Lanka.

Not fair to entirely blame them rather government should reachout to them and work out some sort of plan which should be mutually beneficial.

Poor people are staying poor till they achieve a few attitudes:
Able to calculate, apply discipline and be able to save. Even at the expense of eating the cheapest of all.


True to the mark.

Starting a currency is not that difficult, but it's a very risky path because it can lose tons of value due to a lack of liquidity and demand. Some countries have strong fiat currencies, so there's no good reason to try creating a new one. Other countries might have troublesome fiat, but people there can have access to stronger fiat and sometimes also to cryptos.
Using a community currency that nobody else uses and nobody authorizes is likely to be illegal, confusing, and not attract enough support. Of course, barter is a different thing, and people use it in some places, formally or informally, but then a currency isn't necessary.
So honestly, I don't think that's good advice.

In a country where the government doesn't have the welfares of the poor masses in mind, then the poor masses have to take adequate responsibilities of themselves foreseeing that it you do not help yourself, no one would help you in as much the government whom are ought to be responsible in setting up firms and infrastructural amenities for the masses welfares has gone adamant and ignorant towards you the poor masses.
Meanwhile....as a lucrative poor citizen, you are opportuned to create your own wealth with the intense of your creativities such as the agricultures which are local infrastructures fitted in for every individuals to engage on.
Foods are essential commodities that everyone are in need of and by so, such amenities could offer one the chances to yielding incomes based on the patronage demands could be highly in needs of your products. And so, you would have all rights of your venture's terms and conditions applicable towards the masses.

It is likewise to let go unproductive pleasures and dispatch from people who are not supportively benefitial to your wills and distance from those who are not subordinate to attain you your desired heights and surround yourself with those on the same missions as you or mingle with those who are potentialed to utter solutions to your problems.

As mentioned above, how can you face challenges like legality? Creating and using your currency is illegal in many countries, including potential issues with counterfeiting and tax evasion.

Relying solely on local productions might not be feasible for all communities, especially in regions with limited or harsh climates.

How will you deal with exchanging with outsiders? Enforcing rules on people outside the community who want to buy food could lead to conflict.

My people in the province have lands, can sustain themselves fairly well, yet still categorized as poor by the indices proposed by organizations. They don't have much money in the bank, but their lands are worth millions and refuse to sell that because that's what they only know. They can adapt to any changes in the economy, and that's the 'poor' people I aspire to be.

When you increase in the societal ladder in terms of finances, you also increase your expenses which makes it harder for you to fill your 'needs'. These simple people from above do what they do best and are living happy lives because they have food to eat and land to farm on. They don't ask for anything else except good harvest. I guess, if you're self-sustainable, you don't need that much money and can still become 'poor' to the eyes of other people.

So where do you take the utility from when they have to use a community based currency? because in terms of the financial system, they need back-up, recognition, and legal legality so that the value of the public currency is guaranteed, not only for transactions, but to prove the support for this value must also be clear. You won't necessarily create community money if you can't guarantee its value yourself. Moreover, if you live in a country that has recognized fiat then it would be very futile, it would be the same as trying to stage a coup by creating new money and could be considered a violation of misuse of resources.

I don't know where your idea came from but the fact is that the proposed solution won't work. OK, to prove it, do an experiment first and prove that your solution is indeed the answer to the problem that is currently occurring. Don't give misleading solutions to those who are already experiencing difficulties. If you yourself can't prove the success of creating community currency, stop talking nonsense and go back to working hard to get rich.

We're live in zero sum games, so it means when there's a rich people, there's also the poor ones. You can't make every poor people to rank up to middle class, when it happens the country's standard will increase and the current "middle class people" might still "the poor" according to their new standards.

Good initiative, the police will catch you because you're issuing your own currency when your government didn't accept your currency as legal tender.

It's stupid, you need to buy their stock instead of holding fiat.

This is solution, first they need to Understood the system does not serve their needs.
What they could do is start using their own Community money backed by food and fruits.
Becouse If your Community grow food you can never be poor poor people you see your goverment don't care, why you use someones money who don't care about you ?
Leave your goverment currency and issue your own Community money.
And If your poor Community Grow food it means other people out of your Community need your food, so in order to get your Community food they need to obey your Community rules and they need to buy your Community money with rate that's beneficial for you.
Same goes for Europe farmers,stop play around with goverment just issue your own money stronger money and tell them you want our product you buy our currency or you can starve.

If you see someone not good with you then leave their system people only Are poor becouse they go along with the system , nobody not superior of you we all are Humans so If create the our own system then we prosper.

So Communities If you got food everybody out of your Community need food so you issue your own currency and you gain wealth.
And all the Community using this currency nobody poor anymore or problems.

By the time you grow more the less power goverment will have over you.
If you see something not benecifial for you dont use it.

I don't use Banks anymore i told my bank you are scam.
If system does not make you wealthy don't use it.

I Also told my bank you have so much money why don't you share % with me ? Becouse Im share holder of BANK if i invest in bank my money held by bank its Investment.
So they are crooks just becouse the people are use to with something doesnt mean it's honest by nature.

So Communities If you got food you are blessed issue your own money and stop dealing with people who don't benefit you.
If you issue your own money and goverment come to buy with their money you can set your own rate higher so If they don't want then you sell to those who want.
Off course they want becouse everybody need to eat
So you make your own money and your own Community people all live Nice.