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Let me be clear, corporate bailouts are not free market capitalism. This is the reason we are failing because the younger generations are seeing massive socialism for corporations under the guise thats it’s capitalism. Now is the time for true free markets. Set them free now!!!!
The world will be a different place coming out of this phase. We need to set the markets free and we need to make sure we don’t give up essential liberty and freedom for a false sense of security.
We must have courage that as humans we can solve this but with much less concentration of power. Cut off the tv and stop letting the media divide us.
Everything will be turned on it’s head. Employment, media, news, family, healthcare, governments and probably the biggest change will be the monetary system we know will look much much different.
Printing 6 trillion dollars and this is just a drop in the bucket on how much they are about to print.
https://en.wikipedia.org/wiki/Helicopter_money
https://en.wikipedia.org/wiki/Helicopter_money
My friend, debt is the very essence of fiat. As debt defaults, fiat is destroyed. This is where all these deflationists get their direction. Not seeing that hyperinflation is the process of saving debt at all costs, even buying it outright for cash.
Deflation is impossible in today's dollar terms because policy will allow the printing of cash, if necessary, to cover every last bit of debt and dumping it on your front lawn! (smile) Worthless dollars, of course, but no deflation in dollar terms! -fofoa
Now is the time to get educated on the important things so that we can build a new and better system as this one continues to fail.
Understand freedom and liberty. Understand where our money comes from. Understand how an economy works and why it fails. Understand systems.
My generation (gen X) is the last time we have a chance to make a mark on our society. Let’s do it fairly, let’s do it more equitable, but please let’s do it so that the most people come up and make something of themselves.
Free markets and decentralization are the way forward. Two must reads in my opinion immediately before doing anything else are:
Ron Paul’s farewell speech to Congress:
http://www.campaignforliberty.org/national-blog/transcript-of-farewell-address/
Bitcoin whitepaper:
https://bitcoin.org/bitcoin.pdf
Ron Paul’s farewell speech to Congress:
http://www.campaignforliberty.org/national-blog/transcript-of-farewell-address/
Bitcoin whitepaper:
https://bitcoin.org/bitcoin.pdf
