It seems like a new banking system backed by something tangible again like how it was in the 1800's and prior would be a good move but would those of us in debt still be in debt to the banks? If not, how would our debts magically be absolved?
Example, say you owe money on your car and you have a ton of outstanding debt to a bank or credit lender. How exactly does implementing a new system of banking nullify this? Can't the bank still say "Since the USD is defunct, now you owe us the "New US Treasury Certificate" equivalent of that amount"?
I just can't quite put 2 and 2 together how the new currency would be debt free without older debts being absolved first.
So what happens to the sucker who sacrificed luxury and a new car to pay their debt? As usual, we are screwed?
Do you want to win or not?
Yes, but winning includes survival.
We're making the mother of all omelettes, Jack.
Can't fret over every egg.
Says the man who has nothing to lose.
Negative. You’ll be a stronger, freer person.
With a roof over my head and food on the table? I have never in my life taken anything from anybody. I don't take medicare even though I have paid into it from inception. I have never used any kind of welfare. I won't ask my neighbors to take care of me ever. I am too old to start over. Not guaranteeing I will starve quietly, but I will never beg or take hand outs.
Perhaps this is your new life's challenge then. One last lesson to learn. Accepting help from others is an important life skill, and it sounds like you might need some practice.
There's no harm in being independent. And there is no harm in accepting assistance from those freely offering it. As with all things, balance is the key. If you are starving but too stubborn to accept assistance because you think of it as a "handout", that sounds like something you could work on.
I came from a generation where being on the dole was akin to total disgrace. I will work. I will not take handouts. I am too old to become what I am not.
💪🏻
Remember blessed are the meek....and having a shitty car gives us something to talk about....besides I doubt everything works out the way people think it will.
I am not meek. I am blessed with wonderful children and grandchildren and friends, and I will not be a dependant on any of them.
When the wind blows, does the reed that bends break, or the one that doesn't?
I don't know. Ask the reeds who didn't take the vax.