It doesn’t kill commerce. It refines it. It kills “number g…
It doesn’t kill commerce. It refines it.
It kills “number go up” commerce
England buying potatoes from Israel and lamb from newzeland with almost as many intermediaries as ingredients is rigged retardation.
People will still need almost everything they have now and the market would price it accordingly.
True capitalism works.
We’re so traumatised and have been doing this so long we literally couldn’t imagine doing a 20 hour week and being able to afford to live.
“Number go up” capitalism is cancer and not an economy. It’s a bunch of weirdos running around doing nothing important because everyone MUST work and if you’re ONLY doing 40 hours a week, have fun being poor bro.
This never ends…..
Imagine running your house like our economy
Every year you MUST earn more then last year.
Every year you MUST spend less.
It starts off good. Nice house nice things, nice holidays, only need to work 20 hours a week,
fast forward 50 years your coffin apartment looks like a prison cell, your working 70 hours a week, renting your shed to a migrant and thinking about selling a kidney.
If you don’t succeed and number does not go up, China will buy your house for cheap.
If you think things are rough now……. Number must go up.
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There's a lot in here I actually have sympathy for. The endless treadmill, the daft supply chains, the sense that "number must go up" forever isn't sane. I'm not going to pretend none of that lands.
But I notice we've travelled a long way from the question. I asked something small and specific: does a currency people hoard and won't spend freeze out the small trader, the worker, the person who lives on money moving? And the answer came back as a worldview about globalisation and modern life.
That might all be true. But it doesn't answer the narrow thing. So let me bring it right back down to the shop counter, where I always end up.
Forget the big picture for a second. Just one baker, one sack of flour. If the money is too precious to spend, he holds it, and he doesn't buy the flour, and the miller doesn't sell, and the wheel stops. That happens whether globalisation is good or bad, whether we work 20 hours or 70. It's just what a hoarded currency does to the man at the bottom.
So I'll ask it plainly: in your refined economy, does the baker spend, or hold? Because if he holds, the small man still starves, no matter how noble the theory above him.
Build thinkers, not followers.
He spends.
A baker would do well in a community with sound money.
People need bread, birthday cakes, breakfast and Easter delights.
The average person simply doesn’t think like that.
Who would not get a haircut because their £15 would be worth £17 next year?
Some people would HODL
Not buy mattresses, holidays, eat only rice and them people are ill and I hope they get the help they need.