Topic: Our financial problems are derived from money? - page 2. (Read 2568 times)

Gold, silver and bitcoin are money, but fiat currencies aren’t money, fiat currencies are borrowed into existence that’s why some people call this as debt. Anyway it’s better to have fiat than to not have it.

This analogy doesn't make sense. Debt isn't to financial problems as bullets are to murder problems. And I don't know of a better analogy using murder and bullets (it just doesn't work). But debt is the root of the financial problems in the world. If no one borrowed (literally, fractional lending too) we wouldn't have the same financial problems...we also wouldn't have a lot of research, technology, buildings, goods, or prosperity.

Debt creates opportunity, which is good. But it makes people slaves and controls lives, which is bad.

We can't cure all the financial problems in the world but we can influence them from the ground up. Don't borrow so much money. Don't let debt exist on your personal balance sheet for full term. If we all borrowed less we would change a lot of the financial problems in the world.

You can enforce a policy like in China, each couple are only allowed to have one child. So that population will start to decrease after some generations

Even so, I think that the advance in technology would still outpace the speed of population decrease, so that even you get less and less human on earth, there is still more and more people become jobless

The problem is rooted from the market based economy: In a market economy, you have to give out something in exchange for something, so called fair trade principle. So when some powerful entity with millions of robots can produce anything you need but demands nothing from you, they can let you starve without feel bad, because you can not provide anything that they need, thus no trade will happen (jobless)

Why there is a such fatal flaw in market based economy? Because it is established in a very old environment where many demand can not be satisfied due to low productivity and low technology level

So how to deal with a society with high productivity and less future demand? The prevail solution is to give welfare to those who can not produce anything useful, keep them a decent level of living: Anyway the society can afford it due to extremely high productivity

But this model is against market based economy, because there is no fair trade in this process, the producers should not give out products for free. So in order to make it happen, the government will pay a fair price to those producers by handling out social security check to jobless people, and these money are either gathered by taxing producers or borrowed from future (inflation taxes everybody)

The question is: Is this way long term sustainable?

I don't know why most people are saying that money is debt, maybe because they have never created money, but only borrowed money

For money creators, money is not debt but asset. I think every bitcoin miner understand that

Thinking that this will apply forever (new technology creating new jobs) is complete nonsense. Jobs are being replaced by new technology faster than new jobs arise. Look at the facts. In the past in a Volkswagen factory you would need 30 people to make a car, now less than 8. Soon this will be 1 person only supervising the automated machine. Same for all jobs. It's unavoidable. There are less and less new jobs coming up, and not everyone can be an engineer.

Have you heard of the term "Luddite"?
You should look it up. 

There are many problems of which one is “money” The problem with “money” is that is not money but currency, fiat currency without any value at all currency that was borrowed into existence.

GREED ---- is the problem

This is make sense and obvious.


Why there are still people suppose, if bitcoin is ponzi scheme

I edited your quote, this way it is more realistic.

Toilet paper ponzi fiat currency is not money. Its just a "bank-note", which is a fancy way to sell scam financial instruments to the gullible public.

This. What you want to say is, "Our financial problems are derived from government issued fiat."

Saying that our financial problems are derived from money (because it is debt) is like saying our murder problems are derived from bullets.

Our problem right now lies in the system. Not that we can do anything about it. It all stems from greed and the system is easily manipulated.

Until now the elite was responsible for distributing wealth, but in the near future they will be in charge of distributing poverty, until the technology end all jobs.

Then came the most important transition of humanity, evolve or cause our own extinction.

Inevitably this will happen, it's the law of evolution.

None are more hopelessly enslaved than those who falsely believe they are free. -- Johann Wolfgang von Goethe

Take profit with your knowledge.

We will see soon, people are even paying for a slave and shit job... 

Bullshit. First technology invented (the wheel) did not create unemployment. It created human progress and a higher standard of living. Even the wheel needed maintenance and improvement which created jobs.

Bullshit, technology will soon destroy all jobs and even only one human alone in the entire world will be unemployed.

Thats why politics, corporations and bakns are just stealing everything they can before that happen, they know it will happen.

That's only true because people spend more than they deserve due to unlimited printing of value tokens.
Remove the current financial system and there could be an opportunity to equilibrium again

no it isn't, it's the evil of the all thing, on this world, if there were few people in the world, less job would have been needed and there would be a condition to create more without overwhelming it

no intensive farming, less smog, less pollution of any kind etc, the list is so long is not even funny....

we have exceeded the good ratio between max population and what they need