End Of Debt? *CREDIT SYSTEM*

-=CREDIT SYSTEM=-

1.00 CRDT = $1.00 [STANDARD CURRENCY]
==============================

Bonus Of 50,000 Credits a year for every year you are alive....

Plus The Salary Of Your Primary Job.......

==============================

Economy Crisis Fixed In Less Time It Took Me to Write this Thread. No Use for interest and inflation rates.


[edit on 28-2-2009 by nibirusight]

reply to post by nibirusight
Uuuhhh...debt is credit...same thing...

debt is your current negative balance
credit is your future negative balance

the worlds fiat interest based currency is built on the concept of perpetual debt...basically we're born in debt and just trade it for a greater or lesser negative number...
sorry...

reply to post by nibirusight


There's so much wrong with this system I don't even know where to begin.
What would determine the value of this credit? And whether the government dishing out 50,000 for every year you're alive would kill the value of that credit vs. what peg the credit is valued to. Another issue is the privacy issue. Money is extremely traceable at the electronic level. And such a "currency" could be the single most invasive system in the entire country.

[edit on 28-2-2009 by projectvxn]

Originally posted by Hx3_1963
reply to post by nibirusight

 

Uuuhhh...debt is credit...same thing...

debt is your current negative balance
credit is your future negative balance

the worlds fiat interest based currency is built on the concept of perpetual debt...basically we're born in debt and just trade it for a greater or lesser negative number...
sorry...

Im talking about changing the whole system in general, but your still concerned about money, you accept the laws that govern it, but don't question why its governed the way it is.

Originally posted by projectvxn
reply to post by nibirusight

 

There's so much wrong with this system I don't even know where to begin.
What would determine the value of this credit? And whether the government dishing out 50,000 for every year you're alive would kill the value of that credit vs. what peg the credit is valued to. Another issue is the privacy issue. Money is extremely traceable at the electronic level. And such a "currency" could be the single most invasive system in the entire country.

[edit on 28-2-2009 by projectvxn]

What if everything was valued at 1,and had no rates what so ever and was built to make you rich, would you want it...since your still hung over the fact of inflation rates.....Which is like cancer(No clue to why its there but we still need it anyway....Because they say so


[edit on 28-2-2009 by nibirusight]

reply to post by nibirusight


The problem with the credits and no interest, is that the interest and fee's associated with them are what pays the people who hand them out. These people eventually, as we are seeing now want more and more its called greed.
Even if we where able to base the system on standard currency there would still be the problem of paying the people who handle it "for you" as usual a corrupt banking system. (this caused the problem in the first place)

Inflation is caused by the expansion of the money supply. But the money supply is changed depending on what the value of it's peg is or other issues in an economy like wage disparity. The same is true for electronic money. And again it is traceable and destroys privacy.

[edit on 28-2-2009 by projectvxn]

Originally posted by projectvxn
Inflation is caused by the expansion of the money supply. But the money supply is changed depending on what the value of it's peg is or other issues in an economy like wage disparity. The same is true for electronic money. And again it is traceable and destroys privacy.

[edit on 28-2-2009 by projectvxn]

Yes I know this is hard for you, born in a system you have no control over, and still cant see past what they have given you. If life was intended to be about family...why does life now revolve around money. social blockades are put in place there so won't try to look past them, and never question why they are there.

Ok dude. Don't fly off the wall with self righteous proclamations. I live in the real world and I know a thing or two about the game we all play. So, do you have control of everything around you? Does everything work according to your plans? I work within the system not for it, and I do so without self-aggrandizing superlatives. You're not superior to any body so don't push that crap.

So where do these free 'credits' come from? I don't think you've really thought this through very well.

A nice simple computer program that is designed to give more and take nothing away... the most powerful number is 0 because 0 is = to 1.

Originally posted by nibirusight
-=CREDIT SYSTEM=-

1.00 CRDT = $1.00 [STANDARD CURRENCY]
==============================

Bonus Of 50,000 Credits a year for every year you are alive....

Plus The Salary Of Your Primary Job.......

==============================

Economy Crisis Fixed In Less Time It Took Me to Write this Thread. No Use for interest and inflation rates.

This idea has been put forward many times.. its a variation of communism.

A good idea but flawed on to many levels.