Reply #110: Those have been my questions. What will it fix, EXACTLY? [View All]

[TalkingDog]

It might "fix" the de-leveraging.

But how is it going to get the little people, you know, the "worker bees" out of their quicksand pit of debt? How will we generate marketable goods that will increase the flow of money through our financial system?

Let's say we *magically* become able to do that. How will the good little consumers pay for all these goods?

I doubt a magical savings account is going to suddenly appear in each of our banks. Most of us will still have crappy low-wage jobs that won't allow anything but subsistence living.

We still won't make anything, we still won't have money.

This only saves the 1%-ers.

The rest of us can go DIAF.

I may not be an economic expert, but I do know the difference between shit and Shinola.



And trust me, this smells worse than Shinola ever could.