Perfect lead in for this morning
"while not quite addressing how somehow under the current financial system the world economies have reached unprecedented heights . Lifting millions out of poverty.And according to him we should turn it back 200 years."
For those who have been paying attention where I am addressing these things daily this is simply a recap. It is all based on debt NF. Ever increasing debt. Insane expansion of debt in the last 10 years. Debt created out of thin air by people who you then owe your entire life's endeavours to. Ie - you are a debt slave. And so, yes, I think we should turn back the clock 200 years to when people were not debt slaves, and poverty never actually existed. But I understand there are many people like yourself that would rather live as a kept human as long as your masters keeps your life stable. Many others prefer freedom and liberty to slavery. But you don't comprehend this, do you.
As I mentioned last week, the fiat currency scheme is a derivative. It is based on nothing tangible and the units are indeed created out of thin air. The very existence of this system is necessary for the left wing ideology to exist and create the reality we live in - debt slaves and mass populations entirely dependent on handouts from a controller (ie government) for their existence therefore also slaves. If their masters change their mind those slaves are completely helpless. Sound money will not allow this. Fiat created out of thin air allows this.
Now NF is clearly stating this is a good thing. This monetary system has lifted people out of poverty. Ok. At what cost? There are most definitely costs. Go into a town and hand every adult $50,000. Do it every year. Will you build a vibrant society? A utopia? Actually you can prove that right now. Go to any city these days and ask yourself if that utopia exists. The more people being lifted out of poverty should reach a greater level of utopia than a city with less currency being handed to its citizens. Because people paid to exist and thus owing their existence to others are able to build utopia vs those who are free people and create their own environment. Are those utopias flourishing? Those cities with people receiving the good will of their rulers are seeing their citizens building close community bonds, helping each other, eliminating crime, improving their environments on their own initiatives rather than government, pursuing arts and culture. Free money will create all this, right? The lower class of people are the ones who pursue freedom by looking after their own needs and have no time to create the utopia that is to be obtained by handing people their existence. And do those slaves who rely on handouts to exist really, really hate people who are free - who look after their own needs? Well, in a utopia those slaves have no need for hate. Let the free and wealthy be free and wealthy. The slaves will remain happy. Yet we see those many, many, who keep demanding more from those who have freedom and liberty. Those in the utopia of an existence granted by handouts keep insisting on more and more control of the free. How so?
Does reality support what you just posted NF? Or is a better utooia built by people who are free and look after their needs and work together as a unit rather than rely on government handouts. All made possible by the fiat money scheme.
I've been answering your question non stop. But you can't understand this. You see your utopia. Well, not quite yet, if only your masters would take a little more from the free people then you would realize the promise. Your postings reflect that idea repeatedly.