Comment by scotty79
8 hours ago
> Try to rethink how money is created and how money gets its value and how and by whom that wealth is distributed.
Please elaborate.
8 hours ago
> Try to rethink how money is created and how money gets its value and how and by whom that wealth is distributed.
Please elaborate.
Money is created and distributed via 1 banking system and 2 government. Are 1 rules, 2 checks and 3 punishment enforced against the banking system and government or only to stabilize and extend those systems? I'd argue the introduction of (arbitrary) rules are often just the excuses to amass power, but enforcement of checks and punishments decides who holds (political) power.
Money is printed out of thin air by the FED and then loaned out to the government for them to spend, so it enters the economy. Something along those lines.