Boltlady
Mayor
Many years ago when I was a kid in school we didn't have to bother learning how many zeroes were in a $trillion. Even $billions seemed like the outer edges of imagination. Actually we rarely heard the amount of $billions for anything until a very few years ago. Now, a relatively short time later, the idea of $billions is bandied about for so many things and $trillions is the new measure of expensive.
Given that we would soon need wheelbarrows to transport our money it's become understandable that we're being pushed into a cashless society. It reminds me of a casino where you don't relate as much to money once you've traded it for chips.
Since our fiat financial system is really a giant Ponzi scheme, it will need to come to an end soon. The crash will be resounding. The way it is now, creating money out of debt means that there is never enough money in the world to pay all of the debts. Like any pyramid scheme it seems just fine when you're in the middle, but eventually the guys on the bottom really pay the price for everybody else. We're uncomfortably close to that bottom now.
Given that we would soon need wheelbarrows to transport our money it's become understandable that we're being pushed into a cashless society. It reminds me of a casino where you don't relate as much to money once you've traded it for chips.
Since our fiat financial system is really a giant Ponzi scheme, it will need to come to an end soon. The crash will be resounding. The way it is now, creating money out of debt means that there is never enough money in the world to pay all of the debts. Like any pyramid scheme it seems just fine when you're in the middle, but eventually the guys on the bottom really pay the price for everybody else. We're uncomfortably close to that bottom now.