Serf - economics question
Educate me please. I see in your posts many references to fiat money. What would be your replacement? As it stands now wealth is not finite. If it was, then as it was spread out we each would have less and less as our share. What would we assign an artificial value to that could guarantee our currency. Whatever it is would you be OK with the government confiscating it to control said backing? None of the economics courses I took provided a viable alternative to the current system. Just wanted to know your thoughts on the matter? Bob
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bJudy said:BoNow I'm really confused!
I thought we were doing the 'Ninteen Eighty-four' thing here in this discussion...but now we've fast forwarded to 'Star Trek TNG' and the Enterprise is being assimilated by the Borg. Man, I feel like I just got whiplash...in a 'Back to the Future' kinda' way!!Sorry FCD but you have it wrong. I think Serf is going more for The Terminator style of future. A.I. is going to send Arnold back in time to get me! Bob
'O ye of little faith! MY HOUSE SHALL BE CALLED A HOUSE OF PRAYER’; but you are making it a ROBBERS’ DEN.”
Pretium Laborum Non Vile
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Ayaaaaa…..What's up Doc? 0
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