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Lepista

It Actually Makes Sense

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...as long as it is managed properly.

After all, what is ti all anyway?

Money - a man-made, figment of the imagination - -it can be created at a flick of the pen.

More and more, I see it as a means of tbtb controlling the masses - however, it is something that is eminently useable, and so engrained in the popular psyche, that it will never be removed from useage.

However, when it breaks down (and it will), how will society continue? (and it will)

I propose that a debt jubilee is the way forward - albeit with certain conditions:

1) All property is forfeit.

2) All money is forfeit

3) All rights are forfeit

This can then be divvied up equally, commoner style, so that everybody gets an equal share of land, and/or property.

How else are we ever going to get ou of this mess?

The landed gentry are definitely part of the problem, not the solution...

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Liquidate the debtors. Soylent green style.

Won't that make it more difficult for them to pay their debts?

The problem with a Jubilee is moral hazard on an epic scale. If you saw people around you getting their house for free would you keep paying or join the party?

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The Jubilee I support is just giving everyone something like £50,000. The very rich like those with 20 million, are still going to be so much richer than average. The people deep in debt will be able to pay off some debt or at least buy time. The people without debt will get a bunch of new money that they can do whatever they want with.

But most importantly most of this new money will be spent into the economy.. and that makes it easier to go out there and earn money in the economy. Most people deep in debt want to pay back their debts and are working as hard as they can trying to, but if there is a serious lack of customers there is not much they can do. Flood the society with consumption.

Australia did this on a small scale by giving everyone about £600 pounds. And it worked very well.

Sometimes the game needs a reset of somesort. Think of playing the game monopoly with 50 people.. and after quite awhile just a few people control everything. And most of the players are marginalized and sitting on the sidelines. Game over declare the people with the most money winners and reset things.

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I don't know.

Perhaps a 'debt jubilee' needs to be built into our very money supply.

So for example (just thinking off the top of my head here) whenever a pound comes into issue, it has a fixed end date...a sort of 'use it or lose it' type of set-up.

This would make people spend that money into the economy rather than accumulate it. This would help balance the trade between individuals.

So when someone takes a mortgage - all the credit money created would have 50 years of life say.

The fine points I haven't an answer for - for instance, you would need to track money from issuance to its demise. How do you handle the situation as the money gets near to the end of its life? Should its face value change as it ages similar to an 'option'.

The first step has been achieved towards that goal. Take away the reward for saving money. Phase 2 could be a sustained 3 or 4% inflation with yields on guarunteed safe investments only being 1 or 2%.

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The Jubilee I support is just giving everyone something like £50,000. The very rich like those with 20 million, are still going to be so much richer than average. The people deep in debt will be able to pay off some debt or at least buy time. The people without debt will get a bunch of new money that they can do whatever they want with.

But most importantly most of this new money will be spent into the economy.. and that makes it easier to go out there and earn money in the economy. Most people deep in debt want to pay back their debts and are working as hard as they can trying to, but if there is a serious lack of customers there is not much they can do. Flood the society with consumption.

Australia did this on a small scale by giving everyone about £600 pounds. And it worked very well.

Sometimes the game needs a reset of somesort. Think of playing the game monopoly with 50 people.. and after quite awhile just a few people control everything. And most of the players are marginalized and sitting on the sidelines. Game over declare the people with the most money winners and reset things.

You don't need any of this in a properly run society.

Even the Bible says there will be rich & poor.

The thing to do is put a mechanism in place to stop the greediest backstabbers/moneygrabbers in the land from gaining too much power.

(like king John & previous monarchy taking the piss - Barons ganged up on him = Magna Carta)

What the richest elites do in their despotic, greed driven, satanic-style madness, is fiddle the laws of the land to enable them to grab even more! (off-shore tax evasion etc! only plebs pay taxes)

There always needs to be protection of the poorest (after all majority of British servicepeeps give their lives from this 'class') and a limit placed on multiples that richest can have over the poorest person in the land.

You can see with your own eyes how the wealthiest few elites have conned/manipulated us over last 30 yrs, with their new form of Thatcherite Capitalism, the 'greed is good', bonus culture etc.

The richest elites are 4x richer than they were ten years ago - the rest of the country is bankrupt, yet they make us (the less well off) pay for it!

Previously - a 'reset' has resulted in French Revolution etc to put the wealthy, greedy, elite thieves back in their place!

Edited by erranta

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  • 244 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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