[Torg] A Counterploy to Nipponese Financial Manipulations
Jones Jasyn
jasynj at gmail.com
Wed Aug 12 17:04:30 EDT 2009
In Russia today, corporations are buying and selling products using
the barter system--no money changes hands (an anathema to Nippon's
moral code). The infrastructure to do so was created by German
Sterligov, an intensely private and un-assming man.
"Sterligov is an economic mastermind who’s helping Russians overcome
their country’s lack of financial liquidity. [No currency to buy or
sell with.] His barter business model has been applied across Russia,
particularly in Moscow. It may be the main reason why today, despite
economic turmoil, Moscow’s roads get paved and its skyscrapers
continue to rise."
A no-money mastermind, establishing a financial system immune to
arbitrage-assault (like Boros launched on Malaysia). One of the chief
weapons of Nippon, neutralized.
"Sterligov’s business model may appear confusing, but it’s basically
simple. If a provider of goods or services cannot find a client with
money, they can offer their product in exchange for other goods or
services.
"But since straight-up exchanges are the exception rather than the
rule — my company might need your goods, but your company might not
accept my company’s services as payment — additional participants have
to join the circle of exchanges in order to satisfy everyone’s needs.
Stergilov uses an advanced computer system to match product with
consumer."
A has what B wants, B has what C wants, C has what A wants, so the
three trade: A->B->C->A. There's a similar site in the US, aimed at
individuals, not companies.
"Russia’s government spent nearly half a trillion U.S. dollars
defending the ruble. However, a common Russian cannot appreciate the
effort, as the ruble failed anyway — yet another reason that peasants
and businessmen alike have turned to the longstanding Russian
tradition of barter."
Nippon's initial attack succeeded, obviously, but the Russians adapted
old methods to new circumstances.
Link:
http://article.nationalreview.com/print/?q=ODUwYTY2YTNlZTA5N2EzMzgxZGVlZTkzMGE5MDRmYjc=
Warning: National Review is a right-wing website. A multitude of
articles cover political issues from a conservative standpoint (not
this article, IMHO). If that sort of thing discomfits you, steer clear
of the rest of the site.
Jasyn Jones
jasynj (at) gmail (dot) com
"To strive, to seek, to find, and not to yield."
Ulysses, Alfred Lord Tennyson
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