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Transnationals
  • Within the Transnational there are many business units, basically working independently from each other, but controlled by the Head Office. They preferably buy from each other or are forced to do so by HQ.

    But they don’t pay each other with dollars. No, Headquarters just keeps books: the goods and services the Business Units deliver to each other are registered and mutually crossed off where possible.

    So for this trade, no dollar is required. Considering the fact that these firms turn over tens of billions per year, this is far from a moot point.

    In this way the Transnational does not incur the high costs for capital that a production chain of many small businesses would.

    http://realcurrencies.wordpress.com/2011/12/22/why-transnationionals-thrive/

    Wal-Mart’s average annual pay is $20,774. Below the Federal Poverty Level for a family of four. In fact: ‘a Wal-Mart’ spokesperson publicly acknowledged in 2004 that ‘More than two thirds of our people…. are not trying to support a family. That’s who our jobs are designed for.’ ‘ So Wal-Mart is an effective accomplice in the social engineering campaign of our bosses, isolating people and consciously attacking the family unit.

    http://realcurrencies.wordpress.com/2011/02/13/the-problem-with-transnationals-and-what-to-do-about-it/