Virtual money > actual money. Right?

[mahnmut]

I find it weird that we live in a world where having your debt held by foreign banks is deemed a much better option than actually having your debt held by your own banks, with your own people's money in them. Turns out that relying on non-existing, virtual money that gets typed on some PC screen somewhere, and somehow miraculously pops up on the world "market", is a much better "solution" than having actual money deposited at actual vaults in actual banks, held in actual accounts by actual people/firms/institutions. It's a perverse world that we live in.

Comments

[telemann.livejournal.com]

I had to pay for a music manuscript reproduction in advance. The library in Germany didn't accept credit cards. So, I had to "wire" them. My bank charged me 45.00 in fees and it took the money nearly 10 days to get there. And I was in a BIG HURRY ;) It was insane. The next time I ordered something, I purchased a .50 cent money order and saved my money.

[sealwhiskers.livejournal.com]

Well, I for one would rather have certain kinds of cancers than certain kinds of flu viruses.