Your Money Is NOT Your Money
First you must ask.... what is money?
Money is simply a claim check against the goods and services of a society which we can call productivity.
If there is not much money and lots of productivity.....money is very valuble.
If there is lots of money and very little productivity....money is not worth much.
In essence, your money is simply a derivitive of the productivity of the nation you live in....and if the government creates a lot of it against a declining productive base....your money essentially becomes worthless.
You knew our productive base would collapse when the bankers cut off the producers from credit....in America that would be the small business people and entrepreneurs....and evidencing the decline is auto sales and contruction collapsing leading to a huge increase in poverty.
Almost all productivity in America right now is being generated by government borrowing and spending against a declining tax base......and we all know that can't persist much longer without government taking over all productivity or going to war to obtain productivity from other nations.
So when you look at that dollar bill in your wallet....don't think of it as your dollar....but simply a note from the government backed by the productivity of your fellow citizens....and if they ain't producing, that dollar ain't worth much.
Remember when Alstry kept posting lists of job losses and business closings, and many sheep got upset....he was simply documenting the shutting down of production in America. As more and more business continue to shut down, as oil spills and other natural disasters continue to decrease productivity....everything you have saved your entire life is decreasing in value as value is simply a derivitive of productivity.
At this point, the only visible route for government to increase productivity is to reduce the debt burden on the economy or go to war.....
The fact that the government prints more dollars has no impact on productivity......it just means that everything gets more expensive against a declining income/production base.
It is strange how so many people in America think they are rich when their wealth is based on the production in our country that is declining so rapidly....it appears many judge their net worth on the closing price of the Dow Jones.....can you imagine what would happen if we learned that the market was simply manipulated as the nation shut down?.....we learn that as we look around, relative to our standard of living we really don't produce much and that little which is being produced is simply a consequence of the government borrowing money that doesn't exist and spending.
Welcome to the Digital Age....it will be exciting.
Will government be forced to take over all of the production of our nation or go to war?????.......it appears those are the only two choices as long as the citizens refuse to restructure.