Parklane777 (OP)
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February 23, 2024, 09:25:52 AM
Last edit: February 23, 2024, 10:28:37 AM by Parklane777 |
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the most important thing to understand is that paper money in your hand has no value, and the numbers in the bank also do not match the value or amount of cash in circulation. However, money has value, this value comes from how much the people who use it promise to pay back more later. Your paper has no value, but your numbers on the screen also have no value, these numbers can disappear and most of our money in circulation is just a promise that we promise to pay back to someone later in the form of interest. If someone was not bound by a promise to pay someone back later more than they currently have, then the value of money would decrease, so to speak. In this regard, if more money is printed and loans are issued, as the amount of money increases, the interest must also increase, i.e. the promise to pay back more than there is money at the moment. So what is money? Money is nothing more than a "promise", that is, I promise to pay you back more than I currently have. the more promises and the bigger the promises, the stronger the value of money. If the dates of the promises or bonds start to come, by paying off all the promises, the money would lose its value, that is, the value comes from the hope of the future and the promise. Therefore, it is not possible to pay off on any of the bonds' maturities when they are realizable. Therefore, if there is a deadline for realization of promissory notes, a new deadline and a higher interest rate will be set, and the money will have value again. A debt that will never be repaid simply every time the bonds are realized, new promises are made to pay back more at some point in the future. In other words, if the thing has no value as such, then it's a ponzi system, you can't eat money or get any other benefit from it, except that its value increases as long as there are people who accept your money from you, promising to pay you back more later. How is money even useful to you? It is useful if someone owes you and he promises to pay you back more and more and with an increasingly higher interest "promise" and if the promise is not fulfilled at the maturity of the bonds, the interest rate increases and a new term with a new promise is issued. In other words, you earn money only if it is invested or given out as a loan, because investment is essentially also a debt. We are moving in a direction in the world where the value of money is falling but at the same time interest rates are rising.
First people got addicted with low rates with easy cheap money by the "money dealers" the bankers once they addicted and in the trap it's end of the cheap easy money.
As we can see, many are unable to repay their debts, they go bankrupt and lose their homes, that is, in terms of banking, they are out of the game. But in the financial world, the law of conservation of energy applies, that is, energy does not disappear or new energy not created, but changes from one state to another or moves from one place to another. In other words, if those who are out of the game, their promises are divided among others who are still able to pay, the promises of those who left the game are divided among others in the form of higher service fees, higher insurance fees and higher loan interest.
And If some corporation goes down due to bad loan using the legal loopholes this loss will be paid by other people by the time because the law of energy is that energy not disapere every "subject" are energy If you create something from nothing than the law of universe will divide this nothing with all who use it.
So when there is something created it will never disapere it can change into antoher forms or shapes but it will never disapere.
That's If the USA will default it means usa can't pay to foreign countries that means usa citizens have duty to Pay this money back with way higher intrsest rates If country default it means the foreign country will own all the assets and land and the people in this country.
If people struggle to pay their loans or insurance or other fees then the money will be taken with higher rent or higher food and commodities prices that's what we see now and those who will be out of the game the game called money and economy then those who still in the game will get more pressure and burdens of debts and unpaid debts of others who left game without paying anything.
By the law of energy that the energy not disapere If all those unpaid debts and unpaid insurances will be not paid then food and commodities prices will go up becouse you have no another choise you need to eat so you pay even If the price are high.
You can't just declare the bankcrupties and say you don't eat like you can Do with debt so commodities and food price will go up until all the debt is paid or most of the debt Are paid once people have paid at least 50% of debt than the food and commodities prices can fall down again.
What is the problem in our world ?
Why we Are in the situation like this now ?
The problem is Simple there are people who been taking the loans and have not paid back them but the obligation and promise was created and someone have taken more loans then he could provide real value or productivity so now all this burden will be placed over everybody regarrdless of your income or capability.
If we had situation when someone took the loans and just spent those loans reclessly then at some point someone need to pay back it's the higher law then any banking or goverment laws" the law of enegy the energy can not disapere your duty and oblication it's a form of energy"
So sooner or later the repayment will be forced upon everybody who's in the financial system using the money and credit and Banks.
So there is ways what will unlikely happening
1. Default 2. All debt will be paid back.
If those things will be happening it's a end of the system and If there is default it means the debt must be paid with another means in extreme case like slavery.
All debts will be paid back that will never happening because the liability the stress and duty is what keeping the society up and running.
So until the debt and bonds repayments not improve there will be higher and higher commodities and food and utility bills prices until the unpaid debt will be collected back atleast some level that some % of debt are paid back.
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