Understanding the Dollar: It's Just Paper Money and the Power of Debt

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GigaAtlasFull Member
Posts: 101 · Reputation: 383
#1Jan 27, 2019, 04:52 AM
The best way to grasp the concept of the dollar is to realize it’s not backed by anything. It’s really just a group of people deciding they want control over global wealth, including valuable assets like gold and Bitcoin. So, they come up with this paper called the dollar. Imagine wanting to trade everything in the world for paper. You can’t just hand out this cash to everyone, or it’ll become worthless. That’s where debt comes in. You lend out this paper with interest, creating an illusion that it’s worth something. As you print and lend out more dollars, you flood the market, which ultimately decreases the dollar's value. The solution? Raise interest rates, taxes, and living costs to reclaim those dollars and start the cycle again. But if you push rates and taxes too high, many can’t pay back their debts, slowing down the flow of money, and that’s not a long-term fix. So, when you look at the dollar as just paper created by you and your buddies, you realize there’s too much of it in circulation. To correct this, you need to destroy some of that paper to create a shortage. How do you justify that? Wars are a great excuse. Once the money is burned in conflicts, you can reset and start the debt cycle anew. In a way, wars are necessary for the dollar to keep going.
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s33d_moonFull Member
Posts: 235 · Reputation: 715
#2Jan 27, 2019, 10:39 AM
thats why you need military to force others to use this paper we live in the world of ENFORCEMENT it means many things are first forced like law "enforcement." Imagine you and group of friends in the block decided to create the paper wich everybody will use it first they will AIRDROP for free that paper to their friends and family so they influence everybody use only this paper as payment for goods and services.  What comes next? Ofc the massive adoption by all others when first ones will borrow with lower rates and the next ones will borrow with higher rates. U keep ur circle strong and wealthy so they will help you to keep things on order.
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