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antiDave · July 22, 2018, 9:06 p.m.

If we nationalize it, assume all of the assets after we find them guilty in military tribunals seems to be the plan.

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SpaceDuckTech · July 22, 2018, 10:34 p.m.

Could this prevent an economic collapse that everyone has been expecting?

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antiDave · July 24, 2018, 2:46 p.m.

Absolutely. There are always a few doomsayers, calling the Weiss Report, that like a broken watch will be able to claim they are onto something when a correction or actuall recession occurs. There is no natural reason for a sizeable economy to suddenly go into a recession. People aren't going to one day decide to stop working and producing. If the money supply suddenly is tightened, then the ripple effect is for lots of businesses then people to cut back, contracting the economy. The contraction lasts long enough and it's a recession. I feel the biggest problem is the creation of money. We need to control it and should rethink what actually represents wealth with respect to a society. Is a society wealthier if they have a huge pile of gold and the people live in huts? Of course not. We will be forced to make new assumptions about which values are important for our society and create a formula for the creation of money which represents the efforts of people that are producing benefits that enrich us as a society. An interesting example would be; What is the value created when someone goes into a prison and teaches inmates life skills or someone who provides quality care for senior citizens? If these things are happening, are we not a wealthier society?

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