Now...
What is money? Worthless paper. It isn't even gold or silver anymore, just paper. Why is it so sought after? It isn't even scarce, there are piles of it, just the piles are hoarded by the greedy.
Look at gold, silver and diamonds... They are considered to be precious, because they are scarce, but why? What is so fucking special about them? You can't eat them... Going by this line of reasoning, if the scarcity of something makes its value, then I would think that common sense should be worth more than any jewel, metal, or money! ...But, you can't trade it in exchange for anything else... Ah! A lightbulb comes on... So, money's worth comes due to its use as a barter, a useless substance to trade for any useful goods and/or services one may need... But if it were to suddenly become readily available to everyone, abundantly, on a grand scale, then it would instantly devalue, because now everyone has a shitpile of it. Case in point... The Spanish conquistadors stole a huge shitpile of silver from Turtle Island, and shipped it back to Spain, and the result was (surprise, surprise) a massive drop in the net worth of silver!
The US government, under the direction of FDR, allowed the "Federal Reserve Bank" (a private, profit-making corporation, yes! there is nothing "Federal" about the federal reserve any more than there is about Federal Express!) to print currency, bank notes, paper money, with no tangible assets to back it, and the result was inflation, and the devaluation of the US dollar. The ONLY cause of inflation is printing more currency than there were assets to back it up! If they were to print up an assload of money, enough to give everyone a million dollars, as an economic stimulus, then very shortly a million dollars wouldn't be worth shit! Think about it!
If you had a million dollars, then you could buy anything, right? So then you wouldn't have to work right? But, remember, Jack the butcher has a million dollars too, so maybe Jack decides that he doesn't have to cut meat anymore, so now you can't buy it, he has gone and closed up his shop... Probably the only folks still working would be drug dealers, and their prices would skyrocket, because they know that now you can afford it... (try applying this principle accross the board, see what happens!) Rather than stimulating the economy, it would shut it down, in a New York minute!
...So...... That still leaves the problem as unsolvable as it was to begin with, doesn't it....??
As with the previous entry, I welcome any and all comments, but if you say something rude, or insult me, then your comment will be deleted...
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