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To: EBH

“In any society with huge wealth disparities like the U.S., creditors are always terrified that debtors will get control of the monetary system, print tons of money, and destroy the value of the creditors’ financial assets.”

That was enlightening. Sounds like a caste system.
But it wouldn’t be a problem if the money was backed by gold.


14 posted on 11/23/2022 4:51:53 AM PST by Doctor Congo
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To: Doctor Congo

You get a gold star ⭐️ for the day!

This is also why they want the CBDC so badly.


15 posted on 11/23/2022 4:54:23 AM PST by EBH (Ok Republicans, work like our Republic is the last one on earth.)
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To: Doctor Congo
In any society with huge wealth disparities built on massive debt like the U.S., creditors are always terrified that debtors will get control of the monetary system, print tons of money, and destroy the value of the creditors’ financial assets.

My correction here is more accurate.

16 posted on 11/23/2022 5:10:39 AM PST by Alberta's Child ("It's midnight in Manhattan. This is no time to get cute; it's a mad dog's promenade.")
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