What if everyone got a monthly check from the government?

Back to basics:

Why do we have (chosen) a government?

1. To organize tasks we would like, in an efficient way.
2. To make our lives as easy and free as possible.

Summary: Better!

Contradiction conclusion: Due to the above it would be best to get politics OUT of government.

originally posted by: wheresthebody
a reply to: neo96

I'm so glad my mom left america when she was preggers, i would have died there.

The US medical system is there #1 to make money, and if anyone is healed it a side effect of the #1 rule and was NOT the intention.

a reply to: JBurns

It will come crashing down unless they can continue to kick the can. They will use electronic currency to kick the can. But that means further erosion of your rights, and absolutely no digital rights. Notice how no one has ever discussed what is are natural digital rights? Because they don't want you to think about that luz.

You might want to read this article here, these guys think that there are patriots in our government preparing to do the right thing. The right thing would be to call in all foreign dollars in digital accounts and basically cancel them out. Then FRNs over time will be replaced with state issued treasury dollars.

I have no idea if this will happen or not, but it's a good read nonetheless.

stateofthenation2012.com...

a reply to: AMPTAH

No that's the captsone on their pyramid of tyranny. Absolute, full spectrum control. Because they will impose cap and trade laws limiting people's energy consumption so they cannot create, mine or process encrpyted coins.

Then they control money and energy.

a reply to: JBurns

Don't listen to those people, they 'print' money from debt. Debt is a claim on future activity and when it's spent on consumption future activity is then chained to eating past hamburgers.

That is always the usual answer, they'll just print more money meaning they'll just chain you down more in the future. We need sound money, honest money.

originally posted by: SkeptiSchism
a reply to: JBurns

Don't listen to those people, they 'print' money from debt. Debt is a claim on future activity and when it's spent on consumption future activity is then chained to eating past hamburgers.

That is always the usual answer, they'll just print more money meaning they'll just chain you down more in the future. We need sound money, honest money.

I don't think we will see a collapse, we will see a big ass war.

a reply to: seasonal

Okay well if I remember the question was if it would all come crashing down. I said yes because our modern money is really mostly credit that is credit is fungible with savings. There is now magnitudes more currency circulating in our economy than money, savings.

Proof: there is about $5 trillion time deposits while there is $20 trillion in public debt and $1,500 trillion in derivatives hedging and another $40 trillion or so in commercial and individual debts.

More evidence is that debt now expands faster than productivity, productivity is needed to service debt. If debt grows faster than productivity then the math says it don't work so boom.

And you're probably right a huge war would help banks and governments hide their decades of malfeasance so that's probably what we'll get.

a reply to: JBurns

16000 for two years? thats exactly 666.666 repeating, per month..... im sure its just a coincidence....

and not enough to survive on...

originally posted by: seasonal
a reply to: AMPTAH

The real question is why have we not seen devastating crippling inflation?
.

The reason is technology improvements in production.

The things we need like food, are produced more efficiently with less labor and more automation, cutting costs as fast as inflation is trying to raise prices.

If you give me 8,000 a year, it would improve the quality of my family's life. We'd probably use it to travel. I'd still work my job.

If you give my sister 8,000 a year, she'll just waste it and still be broke. That's who she is. Even if you gave her a million dollars she'd be broke in a few years.

Govt can't fix everything.

originally posted by: AMPTAH

originally posted by: seasonal
a reply to: neo96

I would imagine the money would come from the corps who have a very very small and limited number of humans making all the consumer goods that society 'needs'.
.

Oh, money will come from where it comes from right now.

The government will print it.

This can only continue for so long. The segments in the equations are bound to start getting pissed, and when that happens things get "uncomfortable".

originally posted by: jjkenobi

Govt can't fix everything.

Govt can fix everything.

Look. A capitalist country doesn't need "a Wall".

There are no entitlements. Nothing free. So, all have to earn first and pay.

The U.S. used to be a capitalist country, that's why it had a free and open border.

So, what are American's complaining about? Why support Trump's "Wall" ?

Because, today, America has drifted away from a true capitalist state, and has moved towards communism.

Hence, the complaint is all those "undocumented" coming into America and "taking" all our "free stuff."

See?

That's the problem.

If the undocumented "paid" for all the stuff they got, like "good tourists", then nobody would complain about the presence of the illegal aliens.

Complaints is proof that capitalism is dead.

Now, a socialist nation does need a Wall.

Otherwise, all those aliens from other nations will just march in and "collect" all the "benefits" and "entitlements" that are being handed out.

So, since America is becoming socialist, a wall is an absolute necessity.

Before you can hand out "Basic Income" to each and every individual, everyone needs proper "ID" and the wall prevents those aliens coming in and stealing "ID" or using "fake ID" to get all the goodies.

a reply to: slapjacks

a reply to: AMPTAH
Too much labor wages go down, not enough labor wages go up. The "rank and file" have not had a cost of living raise since the end of the 1970's.

Hence, the complaint is all those "undocumented" coming into America and "taking" all our "free stuff."

Free stuff is an overly simplistic way of looking at a pretty complicated issue. It may look great on a bumper sticker or tee shirt, but a terrible idea when making serious decisions.

a reply to: JBurns

An important discussion imho. No time to get into the details of my extensive thoughts but will be back.

It seems to work in Alaska so I don't see why it wouldn't work in Finland. They call it the 'Alaska Permanent Fund.'

The Cherokee in North Carolina have a similar system.

A study of the payments' effects on the children of the community found significant declines in poverty, behavioral problems, crime, substance abuse and psychiatric problems, and increases in on-time graduation. The effects were primarily found among those who were youngest when the payments began, and among those who were lifted out of poverty rather than those who were already well-off.

From the failing NYT

originally posted by: jjkenobi
If you give me 8,000 a year, it would improve the quality of my family's life. We'd probably use it to travel. I'd still work my job.

If you give my sister 8,000 a year, she'll just waste it and still be broke. That's who she is. Even if you gave her a million dollars she'd be broke in a few years.

Govt can't fix everything.

Govt can't fix anything. They create the problems then offer solutions which in turn create bigger problems. That is the ouroborus, ordo ab chao, the snake eating it's own tail. See my av.

People are literally crazy who think govt can fix problems, they create bigger problems to profit a few people.

This is the type of 'solutions' governments and central banks create:

By the time the QE’s ended, the Central banks of the world had increased their balance sheet by $8.3 trillion, with only $2.1 trillion worth of GDP growth to show for it. This left $6.2 trillion of excess liquidity in the banking system that did not go where the economic planners had hoped. Central banks now own $9.7 trillion of negative interest yielding bonds. The financial system has been left with a bubble mania, financed by artificial credit and unsustainable debt. The national debt in 2007 was $8.9 trillion; today it’s $20.5 trillion. Rising interest rates will come and that will be deadly for the economy and the Federal budget.

www.zerohedge.com...

Continues:

All recessions since the Great Depression were essentially caused by the Fed’s mismanagement of monetary policy and subsequently resolved by it with renewed vigor in monetary mischief by rigging interest rates and the money supply. This off and on process temporarily aided the economy, but structural defects multiplied. Debt accumulation, mal-investments, unfunded liabilities, welfare benefits, militarism, constant wars, uncontrolled government growth, and systematic attacks on our liberties, have continued unabated.

originally posted by: seasonal
This can only continue for so long.

A half-dozen millennium at the most.

With an income through the path of least resistance, why would one need to work. The middle class would finally vanish. 1%ers and the 99%ers.