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![]() click on the photo to see the "currency". Dao on Money.. Cassette to Understand the Confusion about Money. discussion on that - / - 2nd discussion by Appropriate Economics Systms - Merchants in Fairfield think the Raam is as financially solid as Monopoly money. The town's banks won't honor it. Very debateble. The idea, to change the currencies of the world, by issuing a mental currency, could be worth while. One should note, that the maharishi already in switzerland had his "own" currency, the "MAHA". Shopping with the MAHA was possible at that time at the local gas station. But the very colorful, bright MAHA-note had to be signed by TWO administraters of the maharishi-organisation, making it mere a cheque, insteadt of being a currency. The same looks with the RAAM. It seems to be "accepted" by all the meditating followers in Dutchy-Land, but seriously no-one ever took a deeper look at how to establish a currency. Normally, you do that with banks and with hard facts behind you, not with some fancy pictures and housewifes treating it for oil and sesamum seeds. The way I see it: Mr. M. has lauched the next toy, that will stirr all those people, who are completely into thinking money. Now they think, and think, and think in RAAM. A subtle mantra to be followed, since this currency is hard to swallow ... You see ? even Forbes is thinking that new mantra ....hahaha Banks back out, since they fear to get useless pape... Single global currency, sehr lesenswert ... The Lightness of being in maharishi-city .. And many netties are already firing ... And some really like it .... But ...is it a Money Game. Or just another mind-game of an expert-yogi ? Or ..maybe...a new way of attracting tourists ? "And, by the way, it makes a great souvenir. .." After many years of laughs topped by an expulsion from Costa Rica (for offering $250 worth of Raam to poor Indians in exchange for sovereignty), TM's Global Country of World Peace gives up on trying to squeeze value out of its play money currency, the Raam, and now says it will turn it into a hard currency by backing it with gold. They're still not letting the public in on the joke, though -- if they had the money to buy gold (they don't), why would they bother? Why not just use dollars or euros for development programs instead of the inefficient process of using hard currency to buy gold to support an unrecognized currency? They should have waited a few days and released this on April Fools Day...1Apr2004. From: mumbull - a critical look at maharishi. |
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