The vast majority of Americans are fed up with money corrupting politics — but how do we fix it?
Both the progressives groups and conservatives groups are working together to end corruption in the US.
https://www.youtube.com/watch?v=lhe286ky-9A
This is How Corrupt The Political System Is
https://www.youtube.com/watch?v=oBZ2V9LMeDk
4 comments:
— but how do we fix it?
We could start by allowing accounts for all citizens at the central bank and it's all down hill for the banks from there since:
1) All payments by the monetary sovereign (eg. Social Security checks, military pay, payments to Federal contractors, etc.) would go to individual, business, State and local government accounts at the central bank instead of to accounts of depository institutions there as forced loans to the banks, etc.
2) Since those accounts at the central bank are inherently risk-free then government-provided deposit insurance can be abolished.
3) But the abolition of government-provided deposit insurance will require huge amounts of new fiat to provide the new liquidity needed.
4) So distribute that new fiat equally to all citizen accounts at the central bank thereby reducing a great deal of wealth disparity.
You want a just society? Then you have to deprivilege the banks. Otherwise, you're not serious about justice.
Yes, I agree, and have more publically owned banks too.
Private banks are allowed to create as much money as they like. Well, if the economy needs more money, then that's no bad thing. The problem is, we don't have enough houses and everyone needs to have somewhere to live.
If two people bid on a house, the loser may lose forever if he doesn't get the house, so he has no choice but to bid as high as he can.
All over the country people are bidding for houses but there's not enough of them. So the price of houses keeps going up. Only when a person is maxed out do they run out of money.
Maxed out might mean when a couple has decided to do overtime everyday and work at the weekends too. Maxed out night mean that they have decided to rent a room out. Maxed out might mean they have decided not to have anymore holidays until they are better off. Needed out means they have no money for furniture when they move it. Maxed out means that their social life comes to an end.
The problem is, wages stagnate nowadays, so inflation doesn't decrease a loan as much anymore. So being maxed out might last for a very long time.
Now most people buying a house get driven into poverty. Their property might be worth a fortune, but its all relative, because every other house is just as expensive. So it is only paper money gains, unless they are going to live abroad, or move somewhere where nobody else wants to live.
The population keeps increasing, apparently doubling every 30 to 40 years.
People into property and the bankers are making a killing, everyone else is struggling. Everyone has too debt and their lives are hard.
We've never had more reason to be richer, with the technology doing so much work for us, but now we are getting poorer instead.
And we can't just keep on building more houses, we have to look at how to stem massive population rises.
and have more publically owned banks too. Kaivey
Those are a trap since they legitimize government-subsidized private credit creation and are unneeded anyway since equal fiat distributions to all citizens (into individual accounts at the central bank) can provide all the new purchasing power desired.
We've never had more reason to be richer, with the technology doing so much work for us, but now we are getting poorer instead. Kaivey
Hear, here!
we have to look at how to stem massive population rises.
Economic security reduces the need to breed.
Post a Comment