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It's all fake money that isn't based on anything real. They just print it, but then change us interest on the supposed value that's printed on that paper. This is unsustainable in the long run, and we're at the end of that run.
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I agree with you about that part. I was just pointing out the difference with that initial comment. With your larger point, I couldn’t agree with you more. What is your idea for a suitable substitute system? I’ve thought about this long and hard and the only thing I can come up with is a resource based economy somehow.
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I'm not the guy you're addressing, but the banks work by creating fake money out of thin air, and they lend it to stupid us with interest. By doing this we are effectively enslaved to people who create nothing real.
[–] 22966954? 0 points 1 point 1 point (+1|-0) ago
Yeah but the QE that u r speaking of is not our tax money, this 500 billion is.
[–] 22972009? ago
It's all fake money that isn't based on anything real. They just print it, but then change us interest on the supposed value that's printed on that paper. This is unsustainable in the long run, and we're at the end of that run.
[–] 22976932? ago
I agree with you about that part. I was just pointing out the difference with that initial comment. With your larger point, I couldn’t agree with you more. What is your idea for a suitable substitute system? I’ve thought about this long and hard and the only thing I can come up with is a resource based economy somehow.