A transcript of the March 22, 2012 Solari Report on Creating Liquidity in Your Neighborhood & Networks with Thomas H. Greco, Jr. is now available to Solari Report Subscribers!
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From the transcript:
Catherine: We entitled our discussion tonight “Creating Liquidity in Our Neighborhoods and Networks”, so why don’t I start off and ask you for a definition. What is liquidity, and why is it so important?
Tom: Well, in my mind, liquidity is the ability to take some of your resources and use them to acquire other resources from other people. Typically, we think of money when we think of liquidity or we think of near money assets things that can be quickly converted into money. But as you pointed out earlier, we’ve been fighting this battle against centralization of power and concentration of wealth for decades, if not centuries. And what we have to do is to find ways around the existing money and banking system, and that’s been the focus of my work for the last 25 years, at least.
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