Quote from: jehst on September 11, 2015, 04:08:38 AM

Quote from: username18333 on August 12, 2015, 10:00:27 PM

[...]

TN;DC: A plutocrat seeks (at least, circa the present) to confiscate nongovernmental capital through sovereign default.

So the plutocrats WANT governmental default and deflation? Interesting. Never thought of that as a wealth grab. But I suppose it would work. They just need to get rid of any debt they have and loan as much money as possible to people (with the people's houses, land, and future earnings as collateral.) Holy shit. I'm going to pay all my debts ASAP and stack cash. That sound pretty scary. But I still think a default would end up weakening the currency.

(Quote correction mine. Red colorization mine. Blue colorization mine.)

1. If those debts are held by other plutocrats then that "money" (jehst) will remain "in the family" nevertheless (think: the Great Recession bank buyouts).

2. Hence, the directives cited below (and their respective sentiments).