This doesn't add up. If we will all be wealthy, who would be left and willing to do any work?
I assume it would be left to the younger generation that hasn't yet paid much towards income taxes. Maybe migrant workers here on a temporary work visa?
This nation isn't ready for 90% of the work force aged 30 - 65 to kick up their heels and start sipping Mai Tais.
"Wealthy" defined as owning 100% of the fruits of your labor you trade for a continuously appreciating currency. As productivity increases, everything continuously decreases in price, but individual purchasing power continuously goes up. Under a currency backed by labor, energy, or proof-of-work, NO WORK=NO CURRENCY.
Continuously increasing prices in a positively increasing productivity workforce is not mathematically or economically possible. What is happening is that all of the gains from productivity are intentionally being siphoned off via the "debt issuance" and continuous money printing (decreasing of purchasing power of users of the debt money). It is hard to understand since we haven't seen it (real economics without debt dollar) in action for a very long time.
Yes we've been taught that inflation is normal and even good! The whole Babylonian money debt slavery system is the inversion of true economics and a free market.
I truly believe this will morph organically. Why do people think if you're not forced to work that you won't do anything productive? Humans are wired to develop, dream, invent, discover and engage with life. We just need to come out of our slave mentality. If some people want to just kick back so be it. We are free to do that. As far as nobody going to a job? It'll mean that jobs that can't be automated will have to be good jobs to attract workers. Jobs that enliven the spirit instead of making people braindead zombies.
I'm of the latter. If GME and DWAC launch, I'd like to fund and introduce a culinary, automotive, Electronic / software, carpentry program at the local high school.
It's all the folks that are used to sponging off of us working class folks that concerns me.
This doesn't add up. If we will all be wealthy, who would be left and willing to do any work?
I assume it would be left to the younger generation that hasn't yet paid much towards income taxes. Maybe migrant workers here on a temporary work visa?
This nation isn't ready for 90% of the work force aged 30 - 65 to kick up their heels and start sipping Mai Tais.
"Wealthy" defined as owning 100% of the fruits of your labor you trade for a continuously appreciating currency. As productivity increases, everything continuously decreases in price, but individual purchasing power continuously goes up. Under a currency backed by labor, energy, or proof-of-work, NO WORK=NO CURRENCY.
Continuously increasing prices in a positively increasing productivity workforce is not mathematically or economically possible. What is happening is that all of the gains from productivity are intentionally being siphoned off via the "debt issuance" and continuous money printing (decreasing of purchasing power of users of the debt money). It is hard to understand since we haven't seen it (real economics without debt dollar) in action for a very long time.
Yes we've been taught that inflation is normal and even good! The whole Babylonian money debt slavery system is the inversion of true economics and a free market.
I truly believe this will morph organically. Why do people think if you're not forced to work that you won't do anything productive? Humans are wired to develop, dream, invent, discover and engage with life. We just need to come out of our slave mentality. If some people want to just kick back so be it. We are free to do that. As far as nobody going to a job? It'll mean that jobs that can't be automated will have to be good jobs to attract workers. Jobs that enliven the spirit instead of making people braindead zombies.
I'm of the latter. If GME and DWAC launch, I'd like to fund and introduce a culinary, automotive, Electronic / software, carpentry program at the local high school.
It's all the folks that are used to sponging off of us working class folks that concerns me.
With time they'll be a dying breed. The new renaissance man will emerge. 🙏