Or more to the point; money is the problem. Currencies are useful tokens that make trade more convenient. But systems have been built around the simple concept of a trade token that a person can have power over others by just having a bigger number.
But it’s just a number. Most of the time a number that doesn’t even represent anything real or physical. Just a number of a hypothetical thing(s) that has a certain hypothetical value because someone said so.
Money is not the problem. Money is being used to translate the value of the real resources that the Uber rich hold.
They don’t hoard money. They hoard companies, houses, stocks, bonds, debt.
When you work to create a surplus? It goes to them. When you pay your landlord? It goes to them. When you pay taxes? Believe it or not, it also goes to them through the form of interest debt.
You gotta weed that shit out at the root. Tax wealth not work.
Debt is not a real resource, it’s a complete fabrication, and all the richest people have a value that doesn’t exist in real world resources, rather a perceived agreed upon value of what their assets might cost, based on the vague idea that it will appreciate in value in the future, and the debt cycle that may continue printing money for banks.
So most money isn’t based on anything. And the value of currency these days is entirely fiat.
Or more to the point; money is the problem. Currencies are useful tokens that make trade more convenient. But systems have been built around the simple concept of a trade token that a person can have power over others by just having a bigger number.
But it’s just a number. Most of the time a number that doesn’t even represent anything real or physical. Just a number of a hypothetical thing(s) that has a certain hypothetical value because someone said so.
Money is not the problem. Money is being used to translate the value of the real resources that the Uber rich hold.
They don’t hoard money. They hoard companies, houses, stocks, bonds, debt.
When you work to create a surplus? It goes to them. When you pay your landlord? It goes to them. When you pay taxes? Believe it or not, it also goes to them through the form of interest debt.
You gotta weed that shit out at the root. Tax wealth not work.
Debt is not a real resource, it’s a complete fabrication, and all the richest people have a value that doesn’t exist in real world resources, rather a perceived agreed upon value of what their assets might cost, based on the vague idea that it will appreciate in value in the future, and the debt cycle that may continue printing money for banks.
So most money isn’t based on anything. And the value of currency these days is entirely fiat.