The government can hand out as much money as it wants. There's nothing backing up the money, the entire system is based off imaginary money with debt to back it up. I had somebody a long time ago tell me banks are good because if I put $100 in the bank and somebody borrows it now I have $100, the bank has $100, and the person taking out the loan has $100. Couldn't get him to understand that no, there's still only $100 that's existing and all 3 cant have it at the same time.
The system we have is all based off debt. We're essentialy leasing currency that's privately owned so we can operate at a constant defecit. The only thing that gives the money any value is the government telling you it has value. That's a seperate issue than whats happening here, yeah, they need to open everything up. I don't want old people to die, but its absolutely insane to believe they shut down everything for this long over a strong cold bug that isn't very dangerous to healthy people in any age group.
That's the problem here. Do you really think they're doing all of this, launching constant media fear propaganda, making rules that any idiot can tell do nothing to prevent the spread of viruses, because of a virus that the vast majority of people show no symptoms of? Hard drinking 87 year olds can get it and not even notice? When elderly people with long lists of health problems don't normally get ventillators for bad pneumonia normally? That was the tell for me in the beginning. Anyone at a high risk of dying of covid would NORMALLY be denied life saving medical care if they got REGULAR pneumonia in a time when hospitals WEREN'T getting overrun?
I will say i know some ppl who've gotten it and said it was just a sore throat. Then I know even younger ppl that said it was as bad as the flu. Either way I dont think its bad enough to shut down.
I tried to do my research into how banking works and I just gave up. Its very complex. Its based on IOUs through multiple banks through the country and so on. I dont get it. I have heard the argument that moving off the gold standard was a good idea. Theres smart ppl that argue that. Im not smart enough to form my own opinion on it but I can say I think giving free money away when you dont even have it to give away is bad.
Im not a college graduate or anything. I just know having a currency backed by nothing has never worked long term at any point in history.
IOUs aren't money. There isn't enough money in bank vaults for everyone to take all their money out of the banks. There isn't even enough cash printed.
It doesn't take a smart person to know that's not a good system. Loaning money back and forth creates imaginary money that isn't availible if all of the people involved need the money at the same time.
300,000 deaths in the total of a couple of months and climbing. You Americans that dont take it seriously are truly deranged. Just admit your wrong and take this shit seriously there is a reason conservatives lost the presidency. It is clear a good chunk of the nation is awake to a growing problem.
300,000 is pretty low percentage wise when you factor in just how contagious it is. Death rate is only 0.2% not worth destroying the country in my opini0n. But everyone has their own opinions on it.
2021 with Mutant coronavirus B117
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The government can hand out as much money as it wants. There's nothing backing up the money, the entire system is based off imaginary money with debt to back it up. I had somebody a long time ago tell me banks are good because if I put $100 in the bank and somebody borrows it now I have $100, the bank has $100, and the person taking out the loan has $100. Couldn't get him to understand that no, there's still only $100 that's existing and all 3 cant have it at the same time.
The system we have is all based off debt. We're essentialy leasing currency that's privately owned so we can operate at a constant defecit. The only thing that gives the money any value is the government telling you it has value. That's a seperate issue than whats happening here, yeah, they need to open everything up. I don't want old people to die, but its absolutely insane to believe they shut down everything for this long over a strong cold bug that isn't very dangerous to healthy people in any age group.
That's the problem here. Do you really think they're doing all of this, launching constant media fear propaganda, making rules that any idiot can tell do nothing to prevent the spread of viruses, because of a virus that the vast majority of people show no symptoms of? Hard drinking 87 year olds can get it and not even notice? When elderly people with long lists of health problems don't normally get ventillators for bad pneumonia normally? That was the tell for me in the beginning. Anyone at a high risk of dying of covid would NORMALLY be denied life saving medical care if they got REGULAR pneumonia in a time when hospitals WEREN'T getting overrun?
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LondonGoldman
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I will say i know some ppl who've gotten it and said it was just a sore throat. Then I know even younger ppl that said it was as bad as the flu. Either way I dont think its bad enough to shut down.
I tried to do my research into how banking works and I just gave up. Its very complex. Its based on IOUs through multiple banks through the country and so on. I dont get it. I have heard the argument that moving off the gold standard was a good idea. Theres smart ppl that argue that. Im not smart enough to form my own opinion on it but I can say I think giving free money away when you dont even have it to give away is bad.
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DoctorD
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Im not a college graduate or anything. I just know having a currency backed by nothing has never worked long term at any point in history.
IOUs aren't money. There isn't enough money in bank vaults for everyone to take all their money out of the banks. There isn't even enough cash printed.
It doesn't take a smart person to know that's not a good system. Loaning money back and forth creates imaginary money that isn't availible if all of the people involved need the money at the same time.
300,000 deaths in the total of a couple of months and climbing. You Americans that dont take it seriously are truly deranged. Just admit your wrong and take this shit seriously there is a reason conservatives lost the presidency. It is clear a good chunk of the nation is awake to a growing problem.
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LondonGoldman
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300,000 is pretty low percentage wise when you factor in just how contagious it is. Death rate is only 0.2% not worth destroying the country in my opini0n. But everyone has their own opinions on it.