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Real money is a thing, usually made of some mix of metals in fungible tokens with composition set by law. It serves as a flux, to make commerce easier to conduc

Real money is a thing, usually made of some mix of metals in fungible tokens with composition set by law. It serves as a flux, to make commerce easier to conduct by serving as a trusted neutral item of barter. With the loss of this once common resource, and the imposition of a system designed to prevent savings and force investment into stock markets and other ponzi schemes, there are very few honest and reliable ways to save at the personal level. The collective effects of generations conditioned to accept a gradual erosion of "money" have lead to a well engineered blind-spot that is preyed upon by the top 0.01%. Real prices should be stable across years, even decades, and there should be negligible inflation, instead of a 2% target rate that is pushed on the public as "natural", "stable" and "safe". When real packages continue to shrink, and actual prices are notably higher than the official numbers, it greatly erodes the collective trust of society.

imtringued 5mo ago
Is saving with money in a system with a forced interest rate floor of 0% ever "honest"? This will obviously produce a glut of savings, which in turn will either produce a glut of debt or a collapsing economy since money is necessary as a labor saving device. Money is basically a public utility that can be owned and whose public utility value can be extracted for personal profit at the expense of the system as a whole. The stock market problems are a result of the need to endlessly substitute the captured money with new uncaptured money, which inevitably gets captured again, necessitating an endless stream of "uncaptured but to be captured" money. I'm still wondering how its common knowledge that rent control is "bad socialism", but it's not common knowledge that price floors on the interest rate are "bad capitalism". It's basically the same problem.

imtringued 5mo ago

Is saving with money in a system with a forced interest rate floor of 0% ever "honest"? This will obviously produce a glut of savings, which in turn will either produce a glut of debt or a collapsing economy since money is necessary as a labor saving device. Money is basically a public utility that can be owned and whose public utility value can be extracted for personal profit at the expense of the system as a whole. The stock market problems are a result of the need to endlessly substitute the captured money with new uncaptured money, which inevitably gets captured again, necessitating an endless stream of "uncaptured but to be captured" money. I'm still wondering how its common knowledge that rent control is "bad socialism", but it's not common knowledge that price floors on the interest rate are "bad capitalism". It's basically the same problem.