wiseones2cents
Verified User
Answer me this. Why does debt really mater? It maters to the creditors that is for sure. But lets say that we had one global economy. Basically one global government and everything was nationalized, and that gov had the power to make money. What would stop it from giving a raise to people or paying people to retire at 45? Debt? Who cares about debt. They can keep creating more money. Though why does debt really mater? Because the rich want to continue living off the backs of the people.
When the rich need more money they just make it up and charge it to the tax payer.
Other notes:
The source of your dollars is nothing but fake IOU's................It has no real value. It isn't backed by anything(contrary to the US constitution).
On your level it may seem that the money is worth something though in the bigger scheme of things. It is actually not.
The only reason it is valuable is because people have been taught to think it is valuable. Just like the kings used to have sticks with notches in it and shells that represented wealth(when they ran out of real wealth) and they were recognized as wealth, even though they are worthless things.
Basically the global economy is controlled by European bankers/elites, that can make money at will(out of thin air) and if wanted to can buy the entire planet. That is why 2% of the worlds population owns over half of the world's entire wealth and their wealth grows rapidly.
When the rich need more money they just make it up and charge it to the tax payer.
Other notes:
The source of your dollars is nothing but fake IOU's................It has no real value. It isn't backed by anything(contrary to the US constitution).
On your level it may seem that the money is worth something though in the bigger scheme of things. It is actually not.
The only reason it is valuable is because people have been taught to think it is valuable. Just like the kings used to have sticks with notches in it and shells that represented wealth(when they ran out of real wealth) and they were recognized as wealth, even though they are worthless things.
Basically the global economy is controlled by European bankers/elites, that can make money at will(out of thin air) and if wanted to can buy the entire planet. That is why 2% of the worlds population owns over half of the world's entire wealth and their wealth grows rapidly.