Barter Money Global Economy
Barter Money Global Economy
The Barter Money Global Members accept a Complementary Currency, OBMG, as their medium of exchange, money, because it is additional income. In the US OBMG is complementary to the US dollar, in Mexico it is commentary to the Mexican Paso, etc. It is not in competition with the US dollar, but commentary to it.
Who does Barter Money Global help?
Businesses & Professionals can increase their sales/clients and profits, open new markets, put their unused time, capacity, and inventory to work, in addition, conserve their hard to get cash.
By giving selected Businesses and Professionals exclusivity, which guarantees them addition sales, they become the main engine that drives the Barter Money Global Economy. That is because they have more money to spend, and must spend it with other Members of the Barter Money Global Economy, making these businesses more successful, thus driving the Barter Money Global Economy. And, when they pay OBMG (additional sales) for some of their purchases they save their cash, so they will also have more cash to spend.
Individuals, unemployed, and under employed, can use their time and talent to improve their personal standard of living.
The very root of the Barter Money Global Economy is people, and the only thing people gets paid for is their time. What they do with their time determines how much they get paid. That is very important to understand because everyone has time. And with that realization, comes the knowledge that everyone has something to sell, their time.
Because the Businesses and Professionals will save their cash when they make a purchase paying with additional sales, they will have more cash to hire more employees.
In addition, do you think that an Employer would increase their number of employees if they would not have to pay them any salary out of their business, and only pay the withholding taxes? They can pay the additional employees with the Barter Money Global Economy’s OBMG, which they will receive when other Members buys from them, which will always be additional sales. This is not to be a permanent arrangement, but rather for a training period after which they will begin paying them cash.
This means that we have used the Barter Money Global Economy’s OBMG, to move the unemployed to employed.
The Barter Money Global Economy will set up a branch website for individuals that wants to help get the word out about the wonderful things that the Barter Money Global Economy does, and enjoy a percentage of the cash broker fee collected from the Members that they get to become a part of the Barter Money Global Economy.
School & college students, can earn money while introducing themselves to the business world.
Students have skills that is of great value but have a very limited way to turn their skills into money. If you are a student, can you design websites, know social media, advertising, marketing, a computer tech, computer programmer, into communications, graphics arts, etc.?
Members of the Barter Money Global Economy are ready to pay you OBMG for those skills.
That is because they can pay you with the Barter Money Global Economy OBMG, which they will receive when other Members buys from them, which will always be additional sales.
This may even turn into permeant employment should you wish.
In addition, because students do not normally have a lot of cash, the Barter Money Global Economy offers students a special payment plan. Instead of Student Members paying cash fees, they will pay all their fees with our OBMG, when we bring buyers for a student’s products or services.
This means that unless we bring students someone to use their services, it will never cost them anything, and in addition, they will never pay us any cash.
Non-Profits and Charitable Organizations.
Non-Profits and Charitable Organizations spends a lot of their time on getting founded.
Barter Money Global Economy offers them a way to make their funding easier, while helping even more people. The Barter Money Global Economy will set up a branch website for their members (using theirs, or a different name) and pay them a percentage of the cash broker fee that we receive from member that becomes a member by clicking though from that site, which will automatically place them in that organizations branch.
Cities, Counties, Schools, States, US Government & any taxing agency.
In 1982, the United States Congress enacted the Tax, Equity, and Fiscal Responsibility Act (TEFRA). The Barter Money Global Economy operates under the provision of this Act. The OBMG is normally taxable in the year it is earned and reported to the IRS just as bank interest and income are reported.
This means that because OBMG is additional income, all Taxing Agencies will have more money, and be able to offer more services.
OBMG sales are taxable income just as cash sales, but that does not mean that you will necessary pay taxes on them. You have your taxable income, less all your expenses and deductions, and that is what you pay taxes on. Just as with your cash sales if you spend your OBMG on a business expense then you deduct it as a business expense. In fact, any question you ask about OBMG and taxes, the answer is the same as cash and taxes. OBMG will report all sales to the IRS at year’s end and furnish you this information on IRS Form 1099-B. As with any questions concerning taxes, you should check with your accountant.
The Barter Money Global is an autonomous association of persons who voluntarily cooperate for their mutual benefit. And consists of many kinds of businesses both large and small, professionals, individuals, unemployed and under employed, school & college students, etc. It is a market-based economy where goods and services are produced and exchanged according to demand and supply between participants (economic agents) by a medium of exchange with a credit or debit value accepted within the network, such as a unit of currency.
The Barter Money Global Economy does not actually help people, it helps them to help themselves. They believe in the Chinese Proverb; Give a man a fish and you feed him for a day. Teach a man to fish and you feed him for a lifetime.