Ufo propu engine, closed loop

[ltseung888]

Itseung888 wrote: We need a new understanding of debt - especially Government Debt.
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(Remark: It is quite difficault to understand debt because the literature and the wisdom presented at universities are very confusing and contradicting. You have to read and understand a lot before your own judgment can set in. Most experts are self serving and of little help. And then there is too much conspiracy nonsense clouding everything. But relax, you do not want to know the truth anyway, it is too unsettling.)

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Greetings, Conrad

We can keep things simple.

1.  Debt is created when one party wants to get goods or services from another but he does not have the means to pay at that time. (Means includes money or other equivalent goods or services).  It is essentially a promise to pay.

2.  The more powerful side then developed ways to force the repayment.  This caused suffering and injustice.

3.  The more formal method of bankruptcy was introduced so that an individual or a company can get out of debt.  (or no longer keep the promise).

4.  Nations realized that they must increase the money supply so that their citizens can get richer.  The increase must be appropriately controlled.

5.  The increase can be created by State Banks from thin air and thus can be written off with the right reasons.  Citizens and other Nations will accept if they still trust that Nation.  Most Nations are doing the equivalent in any case.

6.  China is encouraging innovation in a big way.  Innovation carries big risks.  In other words, the innovators often cannot deliver the promised goods or services.  China (via State endorsed means) loans out money and is prepared to write off much such debts.

7.  USA relies on venture capitalists to fund innovations.  China is experimenting with new mechanisms.  China is relying on its massive foreign currency reserve and export capability to maintain that trust...

Chna can spend many millions on UFO technology.  If nothing materializes, just write off that debt.  If its lead-out energy flying saucers fly over United Nations...

[ltseung888]

We talked about Mutual Credits between Nations for a long time.

There is no need to borrow and hence no debt.

Nation A gives X units of its currency to Nation B and vice versa.   Much initial planning must be done.  But it is a win-win strategy.  No debt is involved.  Nation B may be less developed.  It can use the money from Nation A to buy goods and services from Nation A.  Nation A has the currency of Nation B and can invest in Nation B.

Some people claimed to understand debt for over 5000 years but do they understand Mutual Credits???

[conradelektro]

Some people claimed to understand debt for over 5000 years but do they understand Mutual Credits???

There are some good ideas to turn debt into something more just or social (like your Mutual Credit).

My argument is, that debt as a "power projection tool" or "govern the people tool" is the form of debt which is always re-invented by every culture or social system.

So, your nice Mutual Credit might be something good, but it is not wanted by the powers to be. The powerful always invent a debt system which keeps people in line (like the debt system we have right now).

To invent a "good debt system" is like the wish to turn all people into good people. A good "debt system" is like the wish to end war. It is like the wish to create "a good army, a good police, good judges, just wages, and so on".

We have the debt system we deserve!

Greetings, Conrad

[ltseung888]

There are some good ideas to turn debt into something more just or social (like your Mutual Credit).

My argument is, that debt as a "power projection tool" or "govern the people tool" is the form of debt which is always re-invented by every culture or social system.

So, your nice Mutual Credit might be something good, but it is not wanted by the powers to be. The powerful always invent a debt system which keeps people in line (like the debt system we have right now).

To invent a "good debt system" is like the wish to turn all people into good people. A good "debt system" is like the wish to end war. It is like the wish to create "a good army, a good police, good judges, just wages, and so on".

We have the debt system we deserve!

Greetings, Conrad

When a Nation wants to get its citizens rich, the mechanisms and resources far outweigh what individuals can master.  If the rulers want to get themselves rich only, it would be a different story.

1.  In previous times, some rulers conquered, colonialized and enslaved other nations and gave some of the spoils to its citizens.
2.  Industrialization created much wealth without the need for wars or conquests.
3.  State Capitalism showed that States can stimulate the economy and grow the pie much bigger and faster.
4.  World Trade , Globalization and Internet enabled much of the new wealth to be understood and shared.
5.  When USA and China reveal the UFO technology, there will be a new paradigm...

[conradelektro]

5.  When USA and China reveal the UFO technology, there will be a new paradigm...

The aliens have come to save the world (may be unintentionally or for their own pleasure) and the US and China have the technology. Thank you for telling me, I would never have guessed. All will be good.

The Donald with UFO technology, what a bummer!

Greetings, Conrad