- Oct 2024
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www.youtube.com www.youtube.com
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1:02:29 The national debt is a historical record of the cumulative money that a government spent dollars than it took out which were transformed into US Treasuries
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53:36 A community can set up a CONTRIBUTION which everyone agrees to pay in the currency issued by the community issuer 53:48 Therefore a Debt Free Currency System really means a COMMUNITY TRIBUTE money system where the debt is a contribution to the community, payable in the currency of the issuer 55:45 A community can set up its own CENTRAL BANK that sets the interest rate at zero for the money in the community
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53:04 Money is the debt of the issuer
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36:10 If a government can create money, why is it in DEBT?
Tags
- The debt we leave to our grandchildren is THEIR FINANCIAL WEALTH
- Therefore a Debt Free Currency System really means a COMMUNITY TRIBUTE money system where the debt is a contribution to the community, payable in the currency of the issuer
- Money is the debt of the issuer
- If a government can create money, why is it in DEBT?
- A community can set up its own CENTRAL BANK that sets the interest rate at zero for the money in the community
- A community can set up a CONTRIBUTION which everyone agrees to pay in the currency issued by the community issuer
- The debt clock might as well say Private Sector Wealth
- US Treasuries and Cash are both USA assets - not liabilities
- It's really a FREE MONEY system - Stef Kuypers is right!!
- The national debt is a historical record of the cumulative money that a government spent dollars than it took out which were transformed into US Treasuries
Annotators
URL
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- Oct 2020
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softwareengineering.stackexchange.com softwareengineering.stackexchange.com
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And if they are a technical debt - how do measure up how much you can borrow so you can afford the repayments?
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debt ... which is not a straight bad thing but something that could provide some "short term financing" get us to survive the project (how many of us could afford to buy a house without taking out the mortgage?).
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- Aug 2020
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Bianchi, F., Faccini, R., & Melosi, L. (2020). Monetary and Fiscal Policies in Times of Large Debt: Unity is Strength (Working Paper No. 27112; Working Paper Series). National Bureau of Economic Research. https://doi.org/10.3386/w27112
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- Mar 2020
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www.cbsnews.com www.cbsnews.com
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The whole point of not relying on debt excessively in normal times is precisely to be able to use debt massively and without hesitation in situations like this.
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