8 Matching Annotations
  1. Oct 2024
    1. 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

    2. 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

    3. 53:04 Money is the debt of the issuer

    4. 36:10 If a government can create money, why is it in DEBT?

  2. Oct 2020
    1. And if they are a technical debt - how do measure up how much you can borrow so you can afford the repayments?
    2. 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?).
  3. Aug 2020
  4. Mar 2020
    1. 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.