Post
Topic
Board Economics
Re: Inflation and Deflation of Price and Money Supply
by
iamnotback
on 18/11/2016, 03:35:58 UTC
If this sounds like madness to you then consider what happens when you walk into a bank and ask for a mortgage. The bank pushes a button, transfers a number to your account, then tells you that this number represents a 'debt' and that you must spend the next 20 years paying off that debt. Who would possibly accept such a system?

My system would be an illusion, just as the existing system is also an illusion. The difference is that my illusion works to everyone's advantage.

There is a profound difference between the two "illusions". The first one is not an illusion because it is stabilized by a power-law distribution of wealth, i.e. a power vacuum has been filled so that society can function. Whereas, yours is commonly known as communism where "we can give away from free, what is not free" which results in the end of all production and megadeath.

STFU idiot. You are not smart.

You are spamming us with offers of megadeath. Thanks a lot!