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.
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.