The threat is lurking in the foreign exchange debt swap market, which is so complex few understand it and there is little control over its workings.
Clearly.
Hey, if I have for example a hundred dollars inside a sealed house with let's say 10 people living isolated in it... is there a possible way to end up with nobody having any money? Seems like the dollars would almost have to continue existing, since 'spending' is a transfer of ownership rather than a destructive force eliminating dollars...
So if we make the house the entire planet and make the population everybody... how could it be possible to "wipe out" all the money?
Because there is no money. There never was any money. The fractional banking system sells debt as currency. It's why they disdain concepts like Proof of Work, and tangible items such as gold. Those are numerically positive ledgers systems, and actual goods used as money.
A debt can't be extinguished with another debt. The current money is a bank note that says "I promise to pay", not "I am paying" It's an empty promise as we all know. The question is, are we ready with an alternative that will replace the scam system? The G1 (June) is a good candidate. The French are ahead of the game on this.
Sure - The hundred dollars could be reduced to the worth of the paper and cotton it's printed on. You technically "have" money but have no spending power.
The funny thing is it that it is not complicated. The system is not mathematically sound. If you call them out on the mathematical principle that 0 < 1, they try to frame it as you not understanding.
I've been asked not to return to every economics class I've taken or audited. In every case the only rebuttal I heard was 'this is the system we have, this is how it operates. We're not discussing philosophy or if we have a good, fair or mathematically sound system.'
The Central Banking system is more of a religion than it is a banking system.
Clearly.
Hey, if I have for example a hundred dollars inside a sealed house with let's say 10 people living isolated in it... is there a possible way to end up with nobody having any money? Seems like the dollars would almost have to continue existing, since 'spending' is a transfer of ownership rather than a destructive force eliminating dollars...
So if we make the house the entire planet and make the population everybody... how could it be possible to "wipe out" all the money?
Because there is no money. There never was any money. The fractional banking system sells debt as currency. It's why they disdain concepts like Proof of Work, and tangible items such as gold. Those are numerically positive ledgers systems, and actual goods used as money.
A debt can't be extinguished with another debt. The current money is a bank note that says "I promise to pay", not "I am paying" It's an empty promise as we all know. The question is, are we ready with an alternative that will replace the scam system? The G1 (June) is a good candidate. The French are ahead of the game on this.
That's kind of what I'm seeing, is it seems more of a collapse of false currencies rather than any sort of shortage of real money.
There is no such thing as real money.
All currency is at best a useful illusion.
Sure - The hundred dollars could be reduced to the worth of the paper and cotton it's printed on. You technically "have" money but have no spending power.
The funny thing is it that it is not complicated. The system is not mathematically sound. If you call them out on the mathematical principle that 0 < 1, they try to frame it as you not understanding.
I've been asked not to return to every economics class I've taken or audited. In every case the only rebuttal I heard was 'this is the system we have, this is how it operates. We're not discussing philosophy or if we have a good, fair or mathematically sound system.'
The Central Banking system is more of a religion than it is a banking system.