Honestly, I can appreciate people trying to come up with solutions… However, subsidized communal living does not align with my value system, so that’s a debate rabbit hole that I would not go down… But. I would definitely read the thread for entertainment if you post it… It would be a fun debate to watch unfold, just not take part in!
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It can be difficult to make anything subsidized work well and for people to be happy about that working, when you are talking about government subsidies of money from tax revenue.
Nothing about that even makes any sense at all when as you say the whole currency system is debt based and there is more than a dollar owed for every dollar printed, how is that even possible?
Community based living can be a good thing, that is how many civilizations developed from little towns where people worked together and didn’t spend all their time texting to folks they’ve never met in other countries.
I agree Bahri… When the system collapses, whether it is 1 year from now or 50 years from now… My hunch is that small like minded communities will be the future. Not diverse communities, not subsidized communities, not strangers who occupy the same space… There is something to communities that works Unfortunately taxes keep communes dependent on the system, so they usually fail. The Amish are an amazing example of a community that has succeeded despite all the attacks from the government.
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Bahri every time a dollar is printed at the federal reserve, the only way that dollar makes it into circulation is if it is borrowed, with interest, from the federal reserve, either by a bank or the government. So for example if 100 dollars is printed at the federal reserve, then 105 dollars (depends on the interest rate, usually it is a small percentage) is owed to the federal reserve from whoever borrows the money. It is a ponzi scheme. You will never have enough money to pay the debt.
It gets even more convoluted when banks start loaning money they do not even have. If a bank has 100 dollars in cash, they can loan out 2000 dollars worth of promissory notes. If you or I did that we would be arrested, but banks can loan money that does not exist.
So to sum it all up…for every dollar that exists a debt that is larger than a dollar exist. Eventually the system will crash like all ponzi schemes… That is why the powers that be are pushing for digital currency.
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That makes sense, and the collapse has already begun. I’m being sued by a couple of banks for minor credit debt but the courts don’t even care about those cases.
Federal student loans are different hope to be at least able to pay those so taxpayers won’t get more upset.
One other way new bills are put into circulation is if they are replacements for if they destroy old damaged or defaced bills.
That’s weird because I’ve been looking at all my bills (different denominations) for at least 6 months and I have never seen one dated past 2017.
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Maybe that isn’t true but thought they did that.
They might have used to do that but I find it very strange that none were dated past 2017.
… The Russians showed how to build a wall and the French showed how to build a penal facility. Just sayin’.
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Maybe that is “2017 edition,” not necessarily when they were printed?
There has never been any money in architecture.