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There are huge financial risks involved in the timing of investing large sums of money to fixing up or improving tourist facilities or attractions.

There are economic business cycles every 5 to 10 years in time. These cycles are deliberately made to happen on purpose by the people who own and operate the Fiat monetary system. It is difficult to know if a financial collapse or downturn will happen that makes the commodity of money difficult or expensive to come by. During a downturn, credit is tightened (restricted to nearly none at all), or interest rates are raised, potential customers are laid off of their jobs, and the remaining workers have to do more work with less money and so are afraid of losing their jobs too, so they stop spending money on non-essential things like travel and vacations.

If the expansion investment can be done without borrowing or spending of money then the risks are lowered significantly.

However, such a modified / new monetary system would involve the development of an economy that is based on some form of computerized credit / exchange / barter that might not be taxable. The risk of misuse of such a system is high unless some form of checks and balances and enforcement measures are undertaken to insure honesty within such a system. Use of such a system would require the involvement of a significant number of the local industries / service groups and labor pool. Such a system would have to be able to exchange such credits for real necessities in life such as food, shelter, heat / cooling, clothing, fuel, education, medications, and medical care--without which such credits would be essentially worthless, and would result in hyper inflation of the credits involved, then no one would cooperate in the modified / new monetary system. The system, to be free of external dollar forces, should not be tradable for any currency that is exchangable in anything that can be traded with dollars.

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15y ago

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