Ahmed wrote:I admit that I don't understand what your "way out" is!
The same as yours!
Even if you ignore yours? re
Simply a sustainable world, therefore an economy which does not outrageously destroy life on the planet, including ourselves.
Or something other than capitalism, and it has to be built.
Perennial money is only a step in the right direction since without it, a sustainable world is structurally impossible.
One step, without necessarily being aware of what the end of the path will be precisely (which I do not know myself)
It is necessary that, a perennial Currency, after happens that will be able according to the interactions.
Ahmed wrote:It is a possibility that a certain bailout will take place at this level, not however with a view to any emancipation from the financial system, but quite the contrary in order to be able to continue to enslave it thanks to this "boost" which will allow the economy to "start again" ... A sort of Marschall plan to prevent everything from collapsing and causing damage to finance.
I think (believe, hope ) that there is humanity in the people of the ECB and that if they create money, free or not, it is also not to let people starve.
Because in brackets and to emphasize our dependence on money, there will be no less agricultural production this year. The farmers are in the fields and work normally, except for a few spare parts problems.
So the food will be nice and there.
Will just miss the money for those who need it to eat.
This situation highlights the absurdity of our system, if we scrupulously respect its rules ...
food is there but nobody can eat for lack of money
The monetary creation of the ECB, free or not, is obviously also to save the house finance.
if monetary creation is free (gift), there will be a verse in the fruit that can lead to the rejection of capitalism by the peoples.
if money creation pays off (loan with interest) it is an additional burden for the future, it can also lead to rebellions.
Privatization of profits and socialization of losses, it worked once in 2008!
Not sure if the pill is passed a second time.
Examples like Iceland can multiply and succeed this time.
Ahmed wrote:PS: I still don't understand this concept of destruction or no money ...
it should be clear https://www.ecossimo.com/le-mecanisme-d ... -monetaire
or my simple example of the sinner, the carpenter etc ...